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Franklin BSP Realty Trust FBRT Gains from sale of other real estate classified as OREO

Discontinued — last reported Q1 '23

Gains from sale of other real estate classified as OREO at other companies

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Segments

By geography

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Various-$800K+72.4%

Other financials

Income statement

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Revenue$65.3M+32.5%
Net income$15.6M-32.9%
EPS (diluted)$0.12-36.8%

Balance sheet

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Cash & equivalents$136.3M-67.1%
Total debt$9.5M
Total equity$1.4B-7.8%
Total assets$6.4B+13.4%

Cash flow

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Operating cash flow-$54.0M-146%

Valuation

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Market cap$635.3M-28.6%
Enterprise value$508.45M
P/E10.2×+2.0×
P/S2.1×-2.3×

Profitability

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Net margin20.5%-32.9pp

Returns & leverage

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Return on equity4.4%-2.9pp
Debt / equity

Where this comes from

Reported directly by Franklin BSP Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:GainsLossesOnSalesOfOtherRealEstate.

The source filing: Franklin BSP Realty Trust’s 10-Q, filed May 3, 2023.

Filed
May 3, 2023
Fiscal quarter
Q1 FY2023
Calendar quarter
Q1 2023
Accession
0001562528-23-000024
Line itemThree Months Ended March 31, 2023Three Months Ended March 31, 2022
Accretion of deferred commitment fees(2,869)(2,219)
Amortization of deferred financing costs1,8371,403
Share-based compensation1,022500
Realized (gain)/loss from sale of other real estate investments, measured at fair value(596)33
Realized (gain)/loss on extinguishment of debt(4,767)
Realized (gain)/loss on swap terminations(34,378)
Trading (gain)/loss(2,968)88,435
Unrealized (gain)/loss from commercial mortgage loans, held for sale, measured at fair value(347)939

Cover / Front Matter

FAQ

What is Franklin BSP Realty Trust's gains from sale of other real estate classified as OREO?
Franklin BSP Realty Trust (FBRT) reported gains from sale of other real estate classified as OREO of $596K in Q1 2023.

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