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Ready Capital RC LMM Commercial Real Estate — Other Cost and Expense, Operating
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Where this comes from
Reported directly by Ready Capital in its filing.
Tagged under the XBRL concept us-gaap:OtherCostAndExpenseOperating.
The source filing: Ready Capital’s 10-Q, filed August 7, 2026.
- Filed
- Aug 7, 2026, 4:18 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-054850
| (in thousands) | LMM Commercial Real Estate | Small Business Lending | Total |
|---|---|---|---|
| Professional fees | (927) | (3,709) | (4,636) |
| Loan servicing expense | (2,104) | (1,335) | (3,439) |
| Impairment on real estate | (952) | — | (952) |
| Other operating expenses | (22,208) | (9,061) | (31,269) |
| Total non-interest expense | $(32,746) | $(28,170) | $(60,916) |
| Loss before unallocated expenses and provision for income taxes | $(77,020) | $(20,094) | $(97,114) |
| Unallocated corporate expenses | |||
| Employee compensation and benefits | (7,346) |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Ready Capital's LMM commercial real estate — other cost and expense, operating?
- Ready Capital (RC) reported LMM commercial real estate — other cost and expense, operating of $22.21M in Q2 2026.
- How has Ready Capital's LMM commercial real estate — other cost and expense, operating changed year-over-year?
- Ready Capital's LMM commercial real estate — other cost and expense, operating increased by 396.6% year-over-year, from $4.47M to $22.21M.
- What is the long-term trend for Ready Capital's LMM commercial real estate — other cost and expense, operating?
- Over 4 years (2021 to 2025), Ready Capital's LMM commercial real estate — other cost and expense, operating has grown at a 17.3% compound annual growth rate (CAGR), from $22M to $41.71M.
- What does LMM commercial real estate — other cost and expense, operating mean?
- This category includes all other operating expenses not captured in specific line items like labor or professional fees. It represents the residual overhead required to run the commercial real estate segment.
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