Ladder Capital Corp
For the period ended Sep 30, 2025. Filed Oct 27, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 27, 2025
LADR$8.96+0.6%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
| September 30,2025 | December 31,2024(1) | |
|---|---|---|
| (Unaudited) | ||
| Assets | ||
| Cash and cash equivalents | $49,434 | $1,323,481 |
| Restricted cash | 13,476 | 12,608 |
| Mortgage loan receivables held for investment, net, at amortized cost: | ||
| Mortgage loans receivable | 1,920,588 | 1,591,322 |
| Allowance for credit losses | (52,135) | (52,323) |
| Mortgage loan receivables held for sale | 27,970 | 26,898 |
| Securities | 1,940,547 | 1,080,839 |
| Real estate and related lease intangibles, net | 705,511 | 670,803 |
| Investments in and advances to unconsolidated ventures | 18,489 | 19,923 |
| Derivative instruments | 284 | 437 |
| Accrued interest receivable | 14,485 | 12,936 |
| Other assets | 47,895 | 158,149 |
| Total assets | $4,686,544 | $4,845,073 |
| Liabilities and Equity | ||
| Liabilities | ||
| Debt obligations, net | $2,997,232 | $3,135,617 |
| Dividends payable | 31,357 | 31,838 |
| Accrued expenses | 55,446 | 74,824 |
| Other liabilities | 109,095 | 69,855 |
| Total liabilities | 3,193,130 | 3,312,134 |
| Commitments and contingencies (refer to Note 16) | — | — |
| Equity | ||
| Class A common stock, par value $0.001 per share, 600,000,000 shares authorized; 130,790,591 and 129,883,019 shares issued and 127,321,390 and 127,106,481 shares outstanding as of September 30, 2025 and December 31, 2024, respectively. | 127 | 127 |
| Additional paid-in capital | 1,784,005 | 1,777,118 |
| Treasury stock, 3,469,201 and 2,776,538 shares, at cost | (38,128) | (30,475) |
| Retained earnings (dividends in excess of earnings) | (246,686) | (206,874) |
| Accumulated other comprehensive income (loss) | (3,339) | (4,866) |
| Total shareholders’ equity | 1,495,979 | 1,535,030 |
| Noncontrolling interests in consolidated ventures | (2,565) | (2,091) |
| Total equity | 1,493,414 | 1,532,939 |
| Total liabilities and equity | $4,686,544 | $4,845,073 |
(1)Includes amounts relating to consolidated variable interest entities. Refer to Note 2 and Note 6.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.