Ladder Capital Corp

LADR · XNYS

CIK 1577670fmd_0VV2QDA5VYSWWNKFCZV6HCKE3BFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate

Coverage: Jan 01, 2012 to Sep 30, 2026, 56 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Rental revenue	77	97	106	106	100	102	108	97	99	99
Total interest income	236	264	345	330	240	176	294	407	359	267
Total revenues	–	–	–	–	–	–	–	–	–	–
Net interest income	116	118	151	126	12	(7)	98	162	137	92
Commissions and fees	21	18	–	–	–	–	–	–	–	–
Provision for credit losses	0	0	14	3	19	(9)	3	25	14	(0)
Realized investment gains (losses)	8	17	–	–	–	–	(0)	(0)	(1)	5
Net interest income after provision	115	118	137	123	(6)	2	94	137	123	92
Depreciation and amortization	39	40	42	38	39	38	33	30	32	32
Gain on sale of real estate	21	11	96	1	32	56	116	9	25	4
Non-interest income	–	–	–	–	–	–	–	–	–	–
Compensation and benefits	64	70	60	68	58	38	76	64	61	53
Total operating expenses	21	21	22	23	20	18	21	20	19	19
Impairment of real estate	0	0	0	1	0	0	–	–	–	–
Funds from operations (NAREIT definition, derived)	132	155	168	175	(2)	39	82	122	114	92
Interest expense	121	146	194	204	227	183	196	245	222	175
Other non-operating income (expense)	163	186	250	175	140	182	251	127	148	123
Income before taxes	120	134	228	140	(19)	58	170	105	111	67
Income tax expense	6	8	7	3	(10)	1	5	4	3	3
Net income from continuing operations	114	126	222	137	(9)	57	165	101	107	64
Net income	114	126	222	137	(9)	57	165	101	107	64
Net income to common shareholders	67	–	–	–	–	–	–	–	–	–