BrightSpire Capital BRSP Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Net Income by Business | |||||
| Corporate and Other | -$41.99M-15.5% | -$36.34M+13.0% | -$41.76M-1.2% | -$41.28M+73.6% | |
| Net Leased and Other Real Estate | -$39.62M+26.2% | -$53.67M— | —— | $15.61M+5.6% | |
| Senior and Mezzanine Loans and Preferred Equity | $42.84M+194% | -$45.5M-267% | $27.2M-62.5% | $72.54M— | |
| Property and other income by Business | |||||
| Corporate and Other | $7.11M-37.0% | $11.29M-10.4% | $12.61M+160% | $4.85M+294% | |
| Net Leased and Other Real Estate | $128.59M+25.3% | $102.59M+8.3% | $94.74M+4.0% | $91.12M-11.3% | |
| Senior and Mezzanine Loans and Preferred Equity | $0-100% | $157K+926% | -$19K-107% | $277K-72.6% | |
| Other loss, net by Business | |||||
| Corporate and Other | $12K— | $0— | $0-100% | $878K-87.6% | |
| Senior and Mezzanine Loans and Preferred Equity | $56K— | $0— | $0-100% | $21.36M— | |
| Total Assets by Business | |||||
| Corporate and Other | $551.6M-44.1% | $986.5M-0.8% | $994.85M-12.5% | $1.14B-75.1% | |
| Net Leased and Other Real Estate | $3.45B-3.2% | $3.56B-0.8% | $3.59B+2.5% | $3.5B— | |
| Senior and Mezzanine Loans and Preferred Equity | $9.83B-8.4% | $10.74B-16.6% | $12.88B-15.9% | $15.3B— | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | |||||
| Corporate and Other | -$41.96M-15.5% | -$36.34M— | —— | —— | |
| Net Leased and Other Real Estate | -$61.38M-16.4% | -$52.71M— | —— | —— | |
| Senior and Mezzanine Loans and Preferred Equity | $43.07M+195% | -$45.4M— | —— | —— | |
| Operating expense by Business | |||||
| Corporate and Other | $12.09M+2.4% | $11.8M-10.0% | $13.12M-9.1% | $14.43M-15.4% | |
| Net Leased and Other Real Estate | $10K-83.6% | $61K+221% | $19K— | —— | |
| Senior and Mezzanine Loans and Preferred Equity | -$33K— | —— | $15K-89.4% | $141K-78.3% | |
| Interest Income by Business | |||||
| Corporate and Other | $135K-50.4% | $272K+132% | $117K— | $0— | |
| Net Leased and Other Real Estate | $43K— | —— | $74K— | $0— | |
| Senior and Mezzanine Loans and Preferred Equity | $194.71M-20.3% | $244.16M-18.2% | $298.51M+26.4% | $236.18M+39.9% | |
| Transaction, investment and servicing expense by Business | |||||
| Corporate and Other | $602K+389% | $123K-78.0% | $559K+790% | -$81K— | |
| Net Leased and Other Real Estate | $73K+128% | $32K-86.9% | $244K0.0% | $244K-15.6% | |
| Senior and Mezzanine Loans and Preferred Equity | $2.02M+35.1% | $1.5M-11.7% | $1.7M-48.2% | $3.27M+22.9% | |
| Property operating expense by Business | |||||
| Corporate and Other | $0— | $0— | $0— | $0— | |
| Net Leased and Other Real Estate | $65.91M+94.5% | $33.89M+27.2% | $26.64M+10.0% | $24.22M-20.0% | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $0— | $0— | $0— | |
| Income Tax Expense (Benefit) by Business | |||||
| Corporate and Other | $29K— | $0-100% | $222K-79.4% | $1.08M+455% | |
| Net Leased and Other Real Estate | -$21.76M-2,362% | $962K+69.1% | $569K-32.7% | $845K— | |
| Senior and Mezzanine Loans and Preferred Equity | $229K+136% | $97K-66.6% | $290K-44.0% | $518K— | |
| Interest Expense, Operating by Business | |||||
| Corporate and Other | $1.42M+16.1% | $1.22M+0.9% | $1.21M+12.9% | $1.07M— | |
| Net Leased and Other Real Estate | $158K-41.9% | $272K+134% | $116K— | $0— | |
| Senior and Mezzanine Loans and Preferred Equity | $125.7M-17.5% | $152.42M-11.4% | $171.98M+55.3% | $110.74M— | |
| Interest expense on real estate by Business | |||||
| Corporate and Other | $0— | $0— | $0— | $0— | |
| Net Leased and Other Real Estate | $23.71M-12.3% | $27.03M+4.3% | $25.91M-9.8% | $28.72M-11.0% | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $0— | $0— | $0— | |
| Compensation and benefits (including $2,918 and $4,213 of equity-based compensation expense, respectively) by Business | |||||
| Corporate and Other | $34.99M+1.0% | $34.64M-12.3% | $39.5M+19.6% | $33.03M+2.8% | |
| Net Leased and Other Real Estate | $0— | $0— | $0— | $0— | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $0— | $0— | $0— | |
| D&A by Business | |||||
| Corporate and Other | $130K+4.8% | $124K-32.2% | $183K-14.1% | $213K-10.5% | |
| Net Leased and Other Real Estate | $36.21M-10.3% | $40.38M+21.2% | $33.32M-1.7% | $33.89M-6.3% | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $0— | $0— | $0— | |
| Increase (decrease) of current expected credit loss reserve by Business | |||||
| Corporate and Other | $0— | $0— | $0— | $0— | |
| Net Leased and Other Real Estate | $0— | $0— | $0— | $0— | |
| Senior and Mezzanine Loans and Preferred Equity | $24M-82.3% | $135.8M+25.6% | $108.15M+53.1% | $70.64M— | |
| Total income by geography by Geography | |||||
| Norway | $9.5M-48.6% | $18.49M-1.2% | $18.72M-2.8% | $19.25M— | |
| United States | $321.09M-5.6% | $340.31M-14.1% | $396.37M+14.8% | $345.37M+71.5% | |
| SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Cost of Investment in Real Estate Sold by Geography | |||||
| Norway | $157.6M— | —— | —— | —— | |
| Pennsylvania | $82.6M— | —— | —— | —— | |
| Number of properties deconsolidated by Geography | |||||
| Norway | 1— | —— | —— | —— | |
| Pennsylvania | 1— | —— | —— | —— | |
| Loan carrying value, nonaccrual by Geography | |||||
| Baltimore, Maryland | $58.8M— | —— | —— | —— | |
| Denver, Colorado | $220.6M-49.6% | $437.3M— | —— | —— | |
| Number of loans on nonaccrual status by Geography | |||||
| Denver, Colorado | 4-33.3% | 6— | —— | —— |
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.
