BrightSpire Capital BRSP Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Income by Business | ||||||
| Corporate and Other | -$10.37M+9.4% | -$11.2M-40.0% | -$9.23M-7.0% | -$10.13M+1.7% | -$11.44M-21.5% | |
| Net Leased and Other Real Estate | -$1.12M-59.5% | -$6.81M+32.0% | -$1.01M-233% | -$31.09M+28.8% | -$701K+7.6% | |
| Senior and Mezzanine Loans and Preferred Equity | $14.61M-7.8% | $2.01M+164% | $8.94M-53.7% | $16.05M+209% | $15.85M+134% | |
| Property and other income by Business | ||||||
| Corporate and Other | $2.87M+12.4% | $748K-75.3% | $2.3M-14.1% | $1.51M-41.9% | $2.56M-14.5% | |
| Net Leased and Other Real Estate | $32.69M+21.4% | $33.16M+26.9% | $32.75M+26.5% | $35.75M+40.2% | $26.92M+7.4% | |
| Senior and Mezzanine Loans and Preferred Equity | $60K— | $0-100% | $0— | $0— | $0-100% | |
| Other loss, net by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $12K— | $0— | |
| Net Leased and Other Real Estate | -$4K+98.3% | —— | $538K+1,354% | -$3.43M-2,315% | -$241K-173% | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $1K— | $0— | $55K— | $0— | |
| Total Assets by Business | ||||||
| Corporate and Other | $102.54M-49.5% | $74.57M-75.3% | $117.58M-55.8% | $156.5M-23.3% | $202.95M-5.5% | |
| Net Leased and Other Real Estate | $816.16M-11.9% | $800.39M-9.9% | $844.12M-4.7% | $877.4M+1.3% | $926.3M+0.4% | |
| Senior and Mezzanine Loans and Preferred Equity | $2.73B+12.7% | $2.69B+6.2% | $2.34B-12.8% | $2.38B-12.3% | $2.42B-13.8% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Corporate and Other | -$10.27M+10.2% | -$11.2M-40.0% | -$9.2M-6.7% | -$10.13M+1.7% | -$11.44M-21.5% | |
| Net Leased and Other Real Estate | -$1.12M-150% | -$6.81M+29.8% | -$1.26M-225% | -$52.86M-21.5% | -$447K+13.7% | |
| Senior and Mezzanine Loans and Preferred Equity | $14.61M-8.0% | $2.02M+166% | $9.02M-53.2% | $16.16M+210% | $15.87M+134% | |
| Operating expense by Business | ||||||
| Corporate and Other | $3.11M-3.4% | $3.04M+14.1% | $2.87M-3.5% | $2.97M-1.0% | $3.21M+1.4% | |
| Net Leased and Other Real Estate | $1K— | $8K-73.3% | $1K-85.7% | $1K— | $0-100% | |
| Senior and Mezzanine Loans and Preferred Equity | -$11K— | -$26K— | -$9K-325% | $2K-60.0% | $0-100% | |
| Interest Income by Business | ||||||
| Corporate and Other | $0-100% | $0-100% | $0-100% | $68K+3.0% | $67K-2.9% | |
| Net Leased and Other Real Estate | $0-100% | $1K— | $0-100% | $14K+7.7% | $28K+64.7% | |
| Senior and Mezzanine Loans and Preferred Equity | $49.52M+3.2% | $49.25M-9.3% | $48.89M-17.4% | $48.58M-23.2% | $47.99M-28.9% | |
| Transaction, investment and servicing expense by Business | ||||||
| Corporate and Other | $145K+70.6% | $84K— | $215K+287% | $218K+319% | $85K-54.3% | |
| Net Leased and Other Real Estate | $30K-16.7% | $0-100% | $23K+144% | $14K-12.5% | $36K-33.3% | |
| Senior and Mezzanine Loans and Preferred Equity | $657K+29.3% | $570K+42.1% | $616K+57.1% | $330K+2.2% | $508K+33.0% | |
| Property operating expense by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Net Leased and Other Real Estate | $20.08M+101% | $19.62M+120% | $19.68M+133% | $16.65M+111% | $9.97M+15.3% | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $0— | $0— | $0— | $0— | |
| Income Tax Expense (Benefit) by Business | ||||||
| Corporate and Other | $93K— | $0— | $29K— | $0— | $0— | |
| Net Leased and Other Real Estate | $0-100% | $0-100% | -$244K-200% | -$21.77M-13,456% | $254K+5.4% | |
| Senior and Mezzanine Loans and Preferred Equity | $1K-96.4% | $9K-83.6% | $86K— | $106K+242% | $28K+155% | |
| Interest Expense, Operating by Business | ||||||
| Corporate and Other | $808K+169% | $505K+64.5% | $307K0.0% | $304K+0.3% | $300K-1.0% | |
| Net Leased and Other Real Estate | $12K-82.1% | $12K-82.4% | $11K-83.8% | $68K0.0% | $67K-1.5% | |
| Senior and Mezzanine Loans and Preferred Equity | $32.57M+2.3% | $31.25M-14.3% | $31.05M-19.3% | $31.56M-16.3% | $31.84M-19.9% | |
| Interest expense on real estate by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Net Leased and Other Real Estate | $5.09M-22.5% | $5.21M-22.8% | $5.17M-23.4% | $6.77M+0.3% | $6.57M-3.2% | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $0— | $0— | $0— | $0— | |
| Compensation and benefits (including $2,918 and $4,213 of equity-based compensation expense, respectively) by Business | ||||||
| Corporate and Other | $9.06M-13.2% | $8.29M+2.2% | $8.08M-1.4% | $8.19M-14.4% | $10.43M+18.9% | |
| Net Leased and Other Real Estate | $0— | $0— | $0— | $0— | $0— | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $0— | $0— | $0— | $0— | |
| D&A by Business | ||||||
| Corporate and Other | $33K+3.1% | $33K+3.1% | $33K+73.7% | $32K-11.1% | $32K-13.5% | |
| Net Leased and Other Real Estate | $8.59M-18.3% | $7.96M-28.0% | $7.16M-28.9% | $10.58M+18.6% | $10.52M+1.6% | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $0— | $0— | $0— | $0— | |
| Increase (decrease) of current expected credit loss reserve by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Net Leased and Other Real Estate | $0— | $0— | $0— | $0— | $0— | |
| Senior and Mezzanine Loans and Preferred Equity | $1.75M+843% | $15.44M-24.6% | $8.22M+721% | $582K-98.5% | -$235K-100% | |
| Total income by geography by Geography | ||||||
| Norway | $0-100% | $1K-100.0% | $0-100% | $4.77M+6.9% | $4.73M-1.6% | |
| United States | $85.14M+16.9% | $83.16M+5.1% | $83.94M+0.8% | $81.16M-6.7% | $72.84M-19.9% | |
| Loan carrying value, nonaccrual by Geography | ||||||
| Baltimore, Maryland | $14.9M+1.4% | $14.7M+2.1% | $14.7M+12.2% | $14.7M+63.3% | $14.7M— | |
| Denver, Colorado | $31.5M-76.6% | $22M-83.8% | $24.6M-81.9% | $39.3M-71.1% | $134.7M+360% | |
| Number of loans on nonaccrual status by Geography | ||||||
| Baltimore, Maryland | 1— | 1— | 1— | 1— | —— | |
| Denver, Colorado | 2+100% | 1-50.0% | 1-50.0% | 10.0% | 10.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does BrightSpire Capital break its business down?
- BrightSpire Capital (BRSP) reports net income by business across 3 parts — Corporate and Other, Net Leased and Other Real Estate and Senior and Mezzanine Loans and Preferred Equity. Each is extracted from the segment footnotes and tracked over time.
- Where does BrightSpire Capital's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in BrightSpire Capital's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
