Ladder Capital Corp
For the period ended Dec 31, 2025. Filed Feb 9, 2026.
View on SEC.govAbout this filing
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.
FY2025 · Filed Feb 9, 2026
LADR$8.84-1.3%Stored close · as of Nov 10, 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(1) | |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $37,953 | $1,323,481 |
| Restricted cash | 14,888 | 12,608 |
| Mortgage loan receivables held for investment, net, at amortized cost: | ||
| Mortgage loans receivable | 2,217,375 | 1,591,322 |
| Allowance for credit losses | (47,137) | (52,323) |
| Mortgage loan receivables held for sale | 27,986 | 26,898 |
| Securities | 2,088,285 | 1,080,839 |
| Real estate and related lease intangibles, net | 703,537 | 670,803 |
| Investments in and advances to unconsolidated ventures | 44,468 | 19,923 |
| Derivative instruments | 264 | 437 |
| Accrued interest receivable | 15,890 | 12,936 |
| Other assets | 49,041 | 158,149 |
| Total assets | $5,152,550 | $4,845,073 |
| Liabilities and Equity | ||
| Liabilities | ||
| Debt obligations, net | $3,510,402 | $3,135,617 |
| Dividends payable | 31,819 | 31,838 |
| Accrued expenses | 76,448 | 74,824 |
| Other liabilities | 52,524 | 69,855 |
| Total liabilities | 3,671,193 | 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 127,233,559 and 127,106,481 shares outstanding as of December 31, 2025 and December 31, 2024, respectively. | 127 | 127 |
| Additional paid-in capital | 1,787,074 | 1,777,118 |
| Treasury stock, 3,557,032 and 2,776,538 shares, at cost | (39,056) | (30,475) |
| Retained earnings (dividends in excess of earnings) | (260,084) | (206,874) |
| Accumulated other comprehensive income (loss) | (4,135) | (4,866) |
| Total shareholders’ equity | 1,483,926 | 1,535,030 |
| Noncontrolling interests in consolidated ventures | (2,569) | (2,091) |
| Total equity | 1,481,357 | 1,532,939 |
| Total liabilities and equity | $5,152,550 | $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.