ACRES Commercial Realty Corp.
For the period ended Dec 31, 2025. Filed Mar 10, 2026.
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FY2025 · Filed Mar 10, 2026
ACR$11.65-3.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS (1) | ||
| Cash and cash equivalents | $83,768 | $56,713 |
| Restricted cash | 2,190 | 890 |
| Accrued interest receivable | 27,259 | 14,655 |
| CRE loans | 1,830,367 | 1,487,392 |
| Less: allowance for credit losses | (20,398) | (32,847) |
| CRE loans, net | 1,809,969 | 1,454,545 |
| Loan receivable - due from Manager | 10,375 | 10,675 |
| Loan held for sale | — | 11,100 |
| Investments in unconsolidated entities | 29,237 | 21,857 |
| Properties held for sale | 90,825 | 201,125 |
| Investments in real estate | 76,415 | 76,608 |
| Right of use assets | 19,545 | 19,911 |
| Intangible assets | 6,221 | 6,988 |
| Other assets | 6,560 | 6,400 |
| Total assets | $2,162,364 | $1,881,467 |
| LIABILITIES (2) | ||
| Accounts payable and other liabilities | $7,482 | $11,817 |
| Management fee payable - related party | — | 540 |
| Accrued interest payable | 6,814 | 6,958 |
| Borrowings | 1,544,938 | 1,360,371 |
| Lease liabilities | 45,942 | 45,259 |
| Distributions payable | 3,457 | 3,607 |
| Accrued tax liability | 8 | 27 |
| Liabilities held for sale | 3,131 | 3,226 |
| Total liabilities | 1,611,772 | 1,431,805 |
| EQUITY | ||
| Preferred stock, par value $0.001: 10,000,000 shares authorized 8.625% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock, liquidation preference $25.00 per share; 4,800,000 and 4,800,000 shares issued and outstanding | 5 | 5 |
| Preferred stock, par value $0.001: 6,800,000 shares authorized 7.875% Series D Cumulative Redeemable Preferred Stock, liquidation preference $25.00 per share; 4,507,857 and 4,507,857 shares issued and outstanding | 5 | 5 |
| Common stock, par value $0.001: 41,666,666 shares authorized; 6,887,451 and 7,634,004 shares issued and outstanding (including 328,586 and 574,538 unvested restricted shares) | 7 | 8 |
| Additional paid-in capital | 1,142,410 | 1,162,581 |
| Accumulated other comprehensive loss | (1,603) | (3,203) |
| Distributions in excess of earnings | (720,028) | (720,268) |
| Total stockholders’ equity | 420,796 | 439,128 |
| Non-controlling interests | 129,796 | 10,534 |
| Total equity | 550,592 | 449,662 |
| TOTAL LIABILITIES AND EQUITY | $2,162,364 | $1,881,467 |
| December 31, 2025(3) | December 31, 2024 | |
|---|---|---|
| (1) Assets of consolidated variable interest entities ("VIEs") included in total assets above: | ||
| Restricted cash | $— | $190 |
| Accrued interest receivable | — | 10,733 |
| CRE loans, pledged as collateral (4) | — | 1,115,163 |
| Loan held for sale | — | 9,469 |
| Other assets | — | 117 |
| Total assets of consolidated VIEs | $— | $1,135,672 |
| (2) Liabilities of consolidated VIEs included in total liabilities above: | ||
| Accounts payable and other liabilities | $— | $73 |
| Accrued interest payable | — | 2,111 |
| Borrowings | — | 862,804 |
| Total liabilities of consolidated VIEs | $— | $864,988 |
(3)
There were no consolidated VIEs at December 31, 2025.
(4)
Excludes the allowance for credit losses.
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