Franklin BSP Realty Trust FBRT Taxable REIT Subsidiaries — NOL carryforwards

Similar metrics at other companies

NLYNet Operating Loss Carryforwards

$81.6M+32.7%

TMCNR — Operating Loss Carryforwards

$17.92M—

SKYIncome Tax Reconciliation Net Operating Loss Carryforward

$1.59M—

CHE

CHESignificant temporary differences or tax credits associated with our taxable REIT subsidiaries

$8M0.0%

APANet Operating Loss Carryforwards

$36M-65.7%

CPSForeign Tax Jurisdiction — Foreign subsidiaries net operating loss Carryforward

$276M—

Questions, answered.

What is Franklin BSP Realty Trust's taxable REIT subsidiaries — NOL carryforwards?

Franklin BSP Realty Trust (FBRT) reported taxable REIT subsidiaries — NOL carryforwards of $21M in Q4 2025.

What does taxable REIT subsidiaries — NOL carryforwards mean?

This metric represents the accumulated net operating loss carryforwards held within a company's taxable REIT subsidiary structure. These tax assets allow the entity to offset future taxable income, potentially reducing cash tax liabilities in subsequent periods. It serves as a critical indicator of the subsidiary's historical tax performance and future tax-shield capacity.