BrightSpire Capital BRSP Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Income by Business | ||||||
| Corporate and Other | -$40.92M-6.7% | -$41.99M-15.5% | -$38.8M-2.5% | -$38.19M+8.9% | -$38.37M+7.1% | |
| Net Leased and Other Real Estate | -$40.04M+25.3% | -$39.62M+26.2% | -$42.82M— | -$41.05M— | -$53.62M— | |
| Senior and Mezzanine Loans and Preferred Equity | $41.61M+141% | $42.84M+194% | $37.71M+189% | $48.05M+229% | $17.28M+179% | |
| Property and other income by Business | ||||||
| Corporate and Other | $7.43M-31.6% | $7.11M-37.0% | $9.39M-19.8% | $9.77M-17.8% | $10.86M-13.4% | |
| Net Leased and Other Real Estate | $134.36M+28.6% | $128.59M+25.3% | $121.56M+18.4% | $114.7M+13.5% | $104.45M+7.4% | |
| Senior and Mezzanine Loans and Preferred Equity | $60K+2,900% | $0-100% | $2K-98.7% | $2K-98.5% | $2K-98.5% | |
| Other loss, net by Business | ||||||
| Corporate and Other | $12K— | $12K— | $12K— | $12K— | $0— | |
| Senior and Mezzanine Loans and Preferred Equity | $56K— | $56K— | $55K— | $55K— | $0— | |
| Total Assets by Business | ||||||
| Corporate and Other | $451.19M-53.7% | $551.6M-44.1% | $778.71M-17.6% | $927M+2.5% | $974.65M+7.3% | |
| Net Leased and Other Real Estate | $3.34B-6.4% | $3.45B-3.2% | $3.54B-2.0% | $3.58B-1.5% | $3.57B-2.8% | |
| Senior and Mezzanine Loans and Preferred Equity | $10.14B-2.0% | $9.83B-8.4% | $9.67B-13.7% | $10.02B-14.5% | $10.35B-15.5% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Corporate and Other | -$40.8M-6.3% | -$41.96M-15.5% | -$38.77M— | -$38.19M— | -$38.37M— | |
| Net Leased and Other Real Estate | -$62.05M-17.9% | -$61.38M-16.4% | -$64.27M— | -$62.01M— | -$52.64M— | |
| Senior and Mezzanine Loans and Preferred Equity | $41.81M+140% | $43.07M+195% | $37.98M— | $48.24M— | $17.4M— | |
| Operating expense by Business | ||||||
| Corporate and Other | $11.98M+1.1% | $12.09M+2.4% | $11.71M-4.3% | $11.82M-5.9% | $11.85M-7.6% | |
| Net Leased and Other Real Estate | $11K-70.3% | $10K-83.6% | $32K-36.0% | $38K-11.6% | $37K-14.0% | |
| Senior and Mezzanine Loans and Preferred Equity | -$44K— | -$33K— | —— | —— | —— | |
| Interest Income by Business | ||||||
| Corporate and Other | $68K-74.8% | $135K-50.4% | $203K-26.2% | $272K+8.8% | $270K+46.7% | |
| Net Leased and Other Real Estate | $15K— | $43K— | —— | —— | —— | |
| Senior and Mezzanine Loans and Preferred Equity | $196.23M-12.7% | $194.71M-20.3% | $199.74M-24.0% | $210.02M-24.8% | $224.67M-22.6% | |
| Transaction, investment and servicing expense by Business | ||||||
| Corporate and Other | $662K+2,909% | $602K+389% | $518K+308% | $188K-31.4% | $22K-94.9% | |
| Net Leased and Other Real Estate | $67K+379% | $73K+128% | $87K-51.1% | $12K-95.4% | $14K-94.9% | |
| Senior and Mezzanine Loans and Preferred Equity | $2.17M+33.8% | $2.02M+35.1% | $1.86M+26.5% | $1.63M+23.4% | $1.62M+3.0% | |
| Property operating expense by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Net Leased and Other Real Estate | $76.03M+116% | $65.91M+94.5% | $55.2M+67.6% | $43.95M+37.8% | $35.21M+19.6% | |
| Senior and Mezzanine Loans and Preferred Equity | $0— | $0— | $0— | $0— | $0— | |
| Income Tax Expense (Benefit) by Business | ||||||
| Corporate and Other | $122K— | $29K— | $29K-86.6% | $0-100% | $0-100% | |
| Net Leased and Other Real Estate | -$22.01M-2,358% | -$21.76M-2,362% | -$21.45M-3,410% | -$20.96M-4,017% | $975K+110% | |
| Senior and Mezzanine Loans and Preferred Equity | $202K+77.2% | $229K+136% | $275K+473% | $189K+152% | $114K-56.3% | |
| Interest Expense, Operating by Business | ||||||
| Corporate and Other | $1.92M+58.1% | $1.42M+16.1% | $1.22M+0.2% | $1.22M+0.6% | $1.22M+0.6% | |
| Net Leased and Other Real Estate | $103K-62.0% | $158K-41.9% | $214K-8.2% | $271K+39.7% | $271K+74.8% | |
| Senior and Mezzanine Loans and Preferred Equity | $126.43M-12.5% | $125.7M-17.5% | $130.93M-17.6% | $138.37M-15.3% | $144.5M-14.4% | |
| Interest expense on real estate by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Net Leased and Other Real Estate | $22.23M-17.1% | $23.71M-12.3% | $25.25M-6.7% | $26.83M-1.2% | $26.81M-1.4% | |
| 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 | $33.61M-7.4% | $34.99M+1.0% | $34.8M-3.0% | $34.92M-12.0% | $36.3M-8.0% | |
| 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 | $131K+10.1% | $130K+4.8% | $129K0.0% | $115K-20.1% | $119K-26.5% | |
| Net Leased and Other Real Estate | $34.28M-15.5% | $36.21M-10.3% | $39.29M+3.4% | $42.21M+14.8% | $40.55M+13.5% | |
| 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 | $25.98M-57.5% | $24M-82.3% | $29.05M-80.3% | $21.83M-85.8% | $61.15M-57.2% | |
| Total income by geography by Geography | ||||||
| Norway | $4.77M-74.1% | $9.5M-48.6% | $13.87M-26.2% | $18.72M+0.5% | $18.42M-2.3% | |
| United States | $333.4M+3.5% | $321.09M-5.6% | $317.02M-11.6% | $316.39M-15.3% | $322.18M-15.6% | |
| Loan carrying value, nonaccrual by Geography | ||||||
| Baltimore, Maryland | $59M+15.2% | $58.8M— | $58.5M— | $56.9M— | $51.2M— | |
| Denver, Colorado | $117.4M-78.4% | $220.6M-49.6% | $334.6M+1.4% | $446M— | $542.7M— | |
| Number of loans on nonaccrual status by Geography | ||||||
| Baltimore, Maryland | 4— | —— | —— | —— | —— | |
| Denver, Colorado | 5-16.7% | 4-33.3% | 50.0% | 6— | 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.
