ACRES Commercial Realty Corp.
For the period ended Dec 31, 2024. Filed Mar 17, 2025.
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FY2024 · Filed Mar 17, 2025
ACR$11.04-5.2%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income (Loss)
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net income | $28,695 | $21,848 | $10,426 |
| Other comprehensive income: | |||
| Reclassification adjustments associated with net unrealized losses from interest rate swaps included in interest expense | 1,598 | 1,593 | 1,733 |
| Total other comprehensive income | 1,598 | 1,593 | 1,733 |
| Comprehensive income before allocation to preferred shares | 30,293 | 23,441 | 12,159 |
| Net loss allocated to non-controlling interests shares | 572 | 542 | 197 |
| Carrying value in excess of consideration paid for preferred shares | 242 | — | — |
| Net income allocated to preferred shares | (20,386) | (19,422) | (19,422) |
| Comprehensive income (loss) allocable to common shares | $10,721 | $4,561 | $(7,066) |
FOR THE YEARS ENDED DECEMBER 31, 2024, 2023 AND 2022
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