Business Segments · NOL carryforwards

Taxable REIT Subsidiaries — NOL carryforwards

Franklin BSP Realty Trust Taxable REIT Subsidiaries — NOL carryforwards increased by 38.2% to $21.00M in Q4 2025 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalHigher is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ4 2025Feb 25, 2026

How to read this metric

An increase indicates the accumulation of tax-deductible losses, while a decrease suggests the utilization of these assets to offset taxable income.

Detailed definition

This metric represents the accumulated net operating loss carryforwards held within a company's taxable REIT subsidiary...

Peer comparison

Comparable to deferred tax assets or tax loss carryforwards reported by other REITs with taxable subsidiary structures.

Metric ID: fbrt_segment_taxable_reit_subsidiaries_nol_carryforwards

Historical Data

4 periods
 Q4 '22Q4 '23Q4 '24Q4 '25
Value$4.00M$13.10M$15.20M$21.00M
QoQ Change+227.5%+16.0%+38.2%
YoY Change+227.5%+16.0%+38.2%
Range$4.00M$21.00M
Avg YoY Growth+93.9%
Median YoY Growth+38.2%
Current Streak3+ quarters growth

Frequently Asked Questions

What is Franklin BSP Realty Trust's taxable reit subsidiaries — nol carryforwards?
Franklin BSP Realty Trust (FBRT) reported taxable reit subsidiaries — nol carryforwards of $21.00M in Q4 2025.
What does taxable reit subsidiaries — nol carryforwards mean?
The total amount of past operating losses that can be used to reduce future tax payments for the taxable REIT subsidiary.