What does gain (loss) on extinguishment of debt mean?

Gains or losses from retiring debt before maturity — gains when debt is repurchased below par, losses when premiums are paid for early redemption.

Claros Mortgage Trust CMTG Gain (loss) on extinguishment of debt

LFT

Lument Finance TrustLFT

——

Loan Portfolio-$5.9M-978%

Revenue$29.5M-31.9%

Net income-$54.3M+30.9%

EPS (diluted)-$0.39+30.4%

Cash & equivalents$116.8M-8.6%

Total debt$465.6M-34.3%

Total equity$2.5B-4.3%

Total assets$4.2B-37.4%

Operating cash flow-$6.5M+81.9%

Market cap$332.32M-26.2%

Enterprise value$681.11M-28.3%

P/S1.9×-0.1×

Net margin-267.1%-782pp

Return on equity6.2%—

Debt / equity0.3×0.0×

Reported directly by Claros Mortgage Trust in its filing.

Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.

The official record: Claros Mortgage Trust’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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What is Claros Mortgage Trust's gain (loss) on extinguishment of debt?: Claros Mortgage Trust (CMTG) reported gain (loss) on extinguishment of debt of -$5.9M in Q1 2026.
How has Claros Mortgage Trust's gain (loss) on extinguishment of debt changed year-over-year?: Claros Mortgage Trust's gain (loss) on extinguishment of debt decreased by 978.2% year-over-year, from -$547K to -$5.9M.
What does gain (loss) on extinguishment of debt mean?: Gains or losses from retiring debt before maturity — gains when debt is repurchased below par, losses when premiums are paid for early redemption.