Arbor Realty Trust Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported total revenues of $30,803,590 against $51,440,635 a year ago. Loss from continuing operations before gain on exchange of profits interest, gain on extinguishment of debt, loss on termination of swaps and income (loss) from equity affiliates was $54,322,674 against income from continuing operations before gain on exchange of profits interest, gain on extinguishment of debt, loss on termination of swaps and income (loss) from equity affiliates of $4,224,192 a year ago. Net loss from continuing operations was $39,118,486 or $1.54 per basic and diluted share against net income from continuing operations of $2,617,687 or $0.11 per basic and diluted share a year ago. Net loss attributable to the company was $44,134,962 or $1.74 per basic and diluted share against net income attributable to the company of $2,575,886 or $0.10 per basic and diluted share a year ago. Negative funds from operations was $44,014,084 or $1.73 per diluted share against positive funds from operations of $3,050,077 or $0.12 per diluted share a year ago. For the nine months, the company reported total revenues of $93,981,469 against $158,775,451 a year ago. Loss from continuing operations before gain on exchange of profits interest, gain on extinguishment of debt, loss on termination of swaps and income (loss) from equity affiliates was $173,087,750 against income from continuing operations before gain on exchange of profits interest, gain on extinguishment of debt, loss on termination of swaps and income (loss) from equity affiliates of $33,840,656 a year ago. Net loss from continuing operations was $73,049,587 or $3.62 per diluted share against net income from continuing operations of $31,672,151 or $1.29 per diluted share a year ago. Net loss attributable to the company was $96,945,695 or $3.83 per basic and diluted share against net income attributable to the company of $27,008,683 or $1.27 per basic and diluted share a year ago. Negative funds from operations was $95,838,850 or $3.79 per diluted share against positive funds from operations of $32,855,073 or $1.33 per diluted share a year ago. Adjusted book value per share as on September 30, 2009 was $13.21. GAAP book value per share as on September 30, 2009 was $8.70. The company reported loss on impairment of real estate held-for-sale of $4,898,295 for the third quarter ended September 30, 2009. The company recorded a $1.9 million impairment, in accordance with GAAP, related to one of its equity affiliates, which was reflected on the company's statement of operations as a loss from equity affiliates.

Arbor Realty Trust Inc., Q3 2009 Earnings Call, Nov-06 2009

Arbor Realty Trust Inc. expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on October 23, 2009).