Operating

Impairment Of Real Estate

Ready Capital Impairment Of Real Estate decreased by 103.1% to -$469.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 120.0%, from $2.35M to -$469.00K. Over 3 years (FY 2022 to FY 2025), Impairment Of Real Estate shows an upward trend with a 80.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2017
Last reportedQ1 2026May 8, 2026

How to read this metric

An increase suggests declining property values or poor asset performance, while a decrease indicates stable or improving asset valuations.

Detailed definition

This represents the non-cash charge recognized when the carrying value of a real estate asset exceeds its fair value. It...

Peer comparison

Commonly reported by REITs; high levels relative to peers may indicate aggressive accounting or poor acquisition underwriting.

Metric ID: operating_impairment_of_real_estate

Historical Data

19 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$437.00K$578.00K$1.83M$840.00K$0.00$1.37M$3.42M$0.00$1.87M$3.35M$16.97M$9.13M$525.00K$29.88M$2.35M$4.27M$1.86M$15.03M-$469.00K
QoQ Change+32.3%+216.1%-54.0%-100.0%+150.2%-100.0%+79.3%+406.5%-46.2%-94.2%>999%-92.1%+81.9%-56.4%+707.0%-103.1%
YoY Change-100.0%+136.3%+87.1%-100.0%+145.3%+396.5%-71.9%+791.6%-86.2%-53.3%+254.7%-49.7%-120.0%
Range-$469.00K$29.88M
CAGR+1.6%
Avg YoY Growth+94.7%
Median YoY Growth-49.7%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
LMM Commercial Real Estate$2.35M$4.27M$1.86M$15.03M-$469.00K
Small Business Lending$0.00$0.00$0.00$0.00$0.00
Total$2.35M$4.27M$1.86M$15.03M-$469.00K

Frequently Asked Questions

What is Ready Capital's impairment of real estate?
Ready Capital (RC) reported impairment of real estate of -$469.00K in Q1 2026.
How has Ready Capital's impairment of real estate changed year-over-year?
Ready Capital's impairment of real estate decreased by 120.0% year-over-year, from $2.35M to -$469.00K.
What is the long-term trend for Ready Capital's impairment of real estate?
Over 3 years (2022 to 2025), Ready Capital's impairment of real estate has grown at a 80.0% compound annual growth rate (CAGR), from $4.03M to $23.50M.
What does impairment of real estate mean?
A non-cash expense reflecting a reduction in the value of real estate assets.