BRT Apartments Corp
For the period ended Dec 31, 2024. Filed Mar 12, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 12, 2025
BRT$12.76-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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IV - Mortgage loans
Index
SCHEDULE IV—MORTGAGE LOANS ON REAL ESTATE
| Description · Interest Rate · Final Maturity Date · Periodic Payment Terms · Prior Liens · Face Amount of Mortgages · Carrying Value of Mortgages · Principal Amount of Loans subject to delinquent principal or interest | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Multi-Family, Wilmington, NC | 6% | November 2031 | Current Return monthly;principal at maturity | $30,191 | $7,000 | $6,763 | $— | |||
| Multi-Family, Kennesaw, GA | 7% | June 2029 | Current Return monthly;principal at maturity | 21,123 | 11,250 | 10,904 | — | |||
| Total | $18,250 | $17,667 | $— | |||||||
See notes 1,5 and 6 to the consolidated financial statements.
Index
SCHEDULE IV—MORTGAGE LOANS ON REAL ESTATE
Notes to the schedule:
(a) The following summary reconciles mortgage loans at their carrying values:
| Balance at beginning of year | $— |
|---|---|
| New loan receivables | 18,250 |
| Deferred loan fee income amortization | 9 |
| Deductions: | |
| Deferred fees | 322 |
| Provision for credit loss | 270 |
| Balance at end of year | $17,667 |
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