$NXDT
NEXPOINT DIVERSIFIED REAL ESTATE TRUST Stock $nxdt

$nxdt Overview Financials Valuation SEC Filings Company Website

2023 Q1 Form 10-K Financial Statement

#000135611523000004 Filed on March 31, 2023

Income Statement

Concept	2023 Q1	2022 Q4	2022
Revenue	$14.87M	$55.13M	$134.3M
YoY Change	1.03%	-36.64%	41.19%
Cost Of Revenue	$3.912M	$7.425M	$18.57M
YoY Change		-27.37%	-0.4%
Gross Profit	$10.95M	$47.71M	$115.8M
YoY Change		-37.87%	51.33%
Gross Profit Margin	73.68%	86.53%	86.17%
Selling, General & Admin	$3.596M	$6.076M	$6.261M
YoY Change		8599.89%	4220.02%
% of Gross Profit	32.83%	12.74%	5.41%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.524M	$3.532M	$7.175M
YoY Change
% of Gross Profit	32.17%	7.4%	6.2%
Operating Expenses	$8.626M	$16.93M	$17.58M
YoY Change		2561.04%	1172.42%
Operating Profit	$2.328M	$30.77M	$98.18M
YoY Change		-59.59%	30.72%
Interest Expense	$3.462M	-$102.4M	-$40.63M
YoY Change	971.83%	-1303.18%	-123.23%
% of Operating Profit	148.71%	-332.67%	-41.38%
Other Income/Expense, Net
YoY Change
Pretax Income	-$18.72M	-$71.60M	$57.55M
YoY Change		-184.57%	-76.98%
Income Tax	$800.0K	$9.975M	$12.00M
% Of Pretax Income			20.85%
Net Earnings	-$19.52M	-$83.88M	$42.95M
YoY Change	-133.5%	-199.09%	-82.82%
Net Earnings / Revenue	-131.31%	-152.15%	31.98%
Basic Earnings Per Share	-$0.56
Diluted Earnings Per Share	-$0.56	-$2.26	$1.16
COMMON SHARES
Basic Shares Outstanding	37.17M shares	37.17M
Diluted Shares Outstanding	37.17M shares

Balance Sheet

Concept	2023 Q1	2022 Q4	2022
SHORT-TERM ASSETS
Cash & Short-Term Investments	$736.2M	$768.3M	$13.40M
YoY Change		34226.58%	498.72%
Cash & Equivalents	$8.348M	$13.36M	$13.40M
Short-Term Investments	$727.9M	$754.9M
Other Short-Term Assets	$4.959M	$6.441M	$6.400M
YoY Change		1163.44%	1155.39%
Inventory
Prepaid Expenses
Receivables	$7.211M	$6.205M	$6.200M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$20.52M	$26.01M	$26.00M
YoY Change		365.3%	365.19%
LONG-TERM ASSETS
Property, Plant & Equipment	$267.8M	$266.1M	$266.1M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$69.85M	$70.66M	$825.6M
YoY Change		-93.22%	-20.77%
Other Assets	$38.82M	$37.54M	$37.50M
YoY Change		8422.19%	8414.02%
Total Long-Term Assets	$1.171B	$1.197B	$1.197B
YoY Change		14.82%	14.82%
TOTAL ASSETS
Total Short-Term Assets	$20.52M	$26.01M	$26.00M
Total Long-Term Assets	$1.171B	$1.197B	$1.197B
Total Assets	$1.191B	$1.223B	$1.223B
YoY Change		16.69%	16.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$12.51M	$13.87M	$13.90M
YoY Change		1280.0%	1283.48%
Accrued Expenses	$2.259M	$1.369M	$1.400M
YoY Change		449.03%	461.46%
Deferred Revenue
YoY Change
Short-Term Debt	$422.0K	$416.0K	$400.0K
YoY Change		-99.03%	-99.07%
Long-Term Debt Due	$8.000M		$11.00M
YoY Change
Total Short-Term Liabilities	$36.10M	$27.76M	$38.80M
YoY Change		-48.17%	-27.55%
LONG-TERM LIABILITIES
Long-Term Debt	$157.9M	$171.3M	$160.3M
YoY Change
Other Long-Term Liabilities	$5.656M	$6.027M	$6.000M
YoY Change
Total Long-Term Liabilities	$163.6M	$177.3M	$166.3M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$36.10M	$27.76M	$38.80M
Total Long-Term Liabilities	$163.6M	$177.3M	$166.3M
Total Liabilities	$199.7M	$205.1M	$205.1M
YoY Change		282.92%	282.98%
SHAREHOLDERS EQUITY
Retained Earnings	-$8.304M	$17.95M
YoY Change		-761.76%
Common Stock	$37.00K	$37.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$991.6M	$1.018B	$1.018B
YoY Change
Total Liabilities & Shareholders Equity	$1.191B	$1.223B	$1.223B
YoY Change		16.69%	16.69%

Cashflow Statement

Concept	2023 Q1	2022 Q4	2022
OPERATING ACTIVITIES
Net Income	-$19.52M	-$83.88M	$42.95M
YoY Change	-133.5%	-199.09%	-82.82%
Depreciation, Depletion And Amortization	$3.524M	$3.532M	$7.175M
YoY Change
Cash From Operating Activities	$505.0K	$1.572M	$67.77M
YoY Change	-98.93%	-75.52%	78.02%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$8.234M	-$13.84M	-$27.02M
YoY Change
Cash From Investing Activities	$8.234M	-$13.84M	-$27.02M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$12.59M	-16.38M	-54.11M
YoY Change	-7.59%	332.73%	21.89%
NET CHANGE
Cash From Operating Activities	$505.0K	1.572M	67.77M
Cash From Investing Activities	$8.234M	-13.84M	-27.02M
Cash From Financing Activities	-$12.59M	-16.38M	-54.11M
Net Change In Cash	-$3.848M	-28.65M	-13.36M
YoY Change	-111.5%	-1186.7%	111.25%
FREE CASH FLOW
Cash From Operating Activities	$505.0K	$1.572M	$67.77M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022	dei	Entity Central Index Key EntityCentralIndexKey	0001356115
CY2022	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2022	dei	Amendment Flag AmendmentFlag	false
CY2022	dei	Document Period End Date DocumentPeriodEndDate	2022-12-31
CY2022	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2022	dei	Entity Shell Company EntityShellCompany	false
CY2022Q2	dei	Entity Public Float EntityPublicFloat	534005152	usd
CY2023Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	37171807	shares
CY2022	dei	Auditor Firm AuditorFirmId	185
CY2022	dei	Auditor Name AuditorName	KPMG, LLP
CY2022	dei	Auditor Location AuditorLocation	Dallas, Texas, United States
CY2022Q4	us-gaap	Land Land	47708000	usd
CY2022Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	174469000	usd
CY2022Q4	us-gaap	Rental Properties RentalProperties	10979000	usd
CY2022Q4	us-gaap	Development In Process DevelopmentInProcess	39731000	usd
CY2022Q4	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	354000	usd
CY2022Q4	us-gaap	Marketable Securities MarketableSecurities	754910000	usd
CY2022Q4	us-gaap	Equity Method Investments EquityMethodInvestments	70656000	usd
CY2022Q4	us-gaap	Bank Owned Life Insurance BankOwnedLifeInsurance	67711000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	13360000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	35289000	usd
CY2022Q4	us-gaap	Receivables From Customers ReceivablesFromCustomers	1903000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	6441000	usd
CY2022Q4	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	4302000	usd
CY2022Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	2247000	usd
CY2022Q4	us-gaap	Assets Assets	1222902000	usd
CY2022Q4	us-gaap	Loans Payable LoansPayable	144414000	usd
CY2022Q4	us-gaap	Notes Payable NotesPayable	24250000	usd
CY2022Q4	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	2624000	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	13865000	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	10720000	usd
CY2022Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current And Noncurrent AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent	254000	usd
CY2022Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	1115000	usd
CY2022Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	416000	usd
CY2022Q4	us-gaap	Advance Rent AdvanceRent	1273000	usd
CY2022Q4	nxdt	Intangible Lease Liabilities Net IntangibleLeaseLiabilitiesNet	6027000	usd
CY2022Q4	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	112000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	205070000	usd
CY2022Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	4800000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	3359593	shares
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	3359593	shares
CY2022Q4	us-gaap	Preferred Stock Value PreferredStockValue	3000	usd
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	37171807	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	37171807	shares
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	37000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	999845000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	17947000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	1017832000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1222902000	usd
CY2021Q4	us-gaap	Investment Owned At Fair Value InvestmentOwnedAtFairValue	1041985000	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2238000	usd
CY2021Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	440000	usd
CY2021Q4	nxdt	Foreign Tax Reclaim Receivable ForeignTaxReclaimReceivable	1250000	usd
CY2021Q4	us-gaap	Due From Customer Acceptances DueFromCustomerAcceptances	192000	usd
CY2021Q4	us-gaap	Other Assets OtherAssets	277000	usd
CY2021Q4	nxdt	Receivable For Company Shares Sold ReceivableForCompanySharesSold	209000	usd
CY2021Q4	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	913000	usd
CY2021Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	510000	usd
CY2021Q4	us-gaap	Assets Assets	1048014000	usd
CY2021Q4	us-gaap	Notes Payable NotesPayable	42500000	usd
CY2021Q4	srt	Payables To Customers PayablesToCustomers	110000	usd
CY2021Q4	us-gaap	Investment Sold Not Yet Purchased At Fair Value InvestmentSoldNotYetPurchasedAtFairValue	430000	usd
CY2021Q4	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	9188000	usd
CY2021Q4	nxdt	Investment Advisory Fees Payable InvestmentAdvisoryFeesPayable	1005000	usd
CY2021Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	63000	usd
CY2021Q4	us-gaap	Accrued Professional Fees Current And Noncurrent AccruedProfessionalFeesCurrentAndNoncurrent	72000	usd
CY2021Q4	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	186000	usd
CY2021Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	83252000	usd
CY2021Q4	us-gaap	Assets Net AssetsNet	911208000	usd
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	913920000	usd
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-2712000	usd
CY2021Q4	us-gaap	Assets Net AssetsNet	911208000	usd
CY2021Q4	us-gaap	Non Investment Assets Less Non Investment Liabilities NonInvestmentAssetsLessNonInvestmentLiabilities	2157000	usd
CY2021	us-gaap	Investment Sold Not Yet Purchased Sale Proceeds InvestmentSoldNotYetPurchasedSaleProceeds	765000	usd
CY2021Q4	us-gaap	Assets Net AssetsNet	911208000	usd
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	37080000	shares
CY2021Q4	us-gaap	Net Asset Value Per Share NetAssetValuePerShare	24.57
CY2021Q4	us-gaap	Securities Loaned Fair Value Of Collateral SecuritiesLoanedFairValueOfCollateral	1248000	usd
	us-gaap	Lease Income LeaseIncome	10070000	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	4428000	usd
	us-gaap	Investment Income Dividend InvestmentIncomeDividend	40600000	usd
	us-gaap	Other Income OtherIncome	32000	usd
	us-gaap	Revenues Revenues	55130000	usd
	nxdt	Property Operating Expenses PropertyOperatingExpenses	3682000	usd
	us-gaap	Management Fee Expense ManagementFeeExpense	296000	usd
	us-gaap	Taxes Excluding Income And Excise Taxes TaxesExcludingIncomeAndExciseTaxes	2695000	usd
	nxdt	Advisory And Administrative Fees AdvisoryAndAdministrativeFees	5514000	usd
	nxdt	Conversion Expense ConversionExpense	1615000	usd
	us-gaap	Cost Depreciation Amortization And Depletion CostDepreciationAmortizationAndDepletion	7175000	usd
	us-gaap	Costs And Expenses CostsAndExpenses	24358000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	30772000	usd
	us-gaap	Interest Expense InterestExpense	5759000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-2257000	usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-92031000	usd
	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-2323000	usd
	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	-71598000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9975000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-81573000	usd
	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	2310000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-83883000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	37172000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	37172000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.26
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.26
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	79196000	usd
	us-gaap	Noninterest Expense Investment Advisory Fees NoninterestExpenseInvestmentAdvisoryFees	6279000	usd
	us-gaap	Taxes Excluding Income And Excise Taxes TaxesExcludingIncomeAndExciseTaxes	2000000	usd
	us-gaap	Legal Fees LegalFees	987000	usd
	us-gaap	Interest Expense InterestExpense	696000	usd
	nxdt	Conversion Expense ConversionExpense	471000	usd
	us-gaap	Professional Fees ProfessionalFees	334000	usd
	us-gaap	General Insurance Expense GeneralInsuranceExpense	185000	usd
	us-gaap	Investment Company Shareholder Service Fee Expense InvestmentCompanyShareholderServiceFeeExpense	136000	usd
	us-gaap	Trustee Fees TrusteeFees	109000	usd
	nxdt	Audit And Tax Preparation Fees AuditAndTaxPreparationFees	77000	usd
	us-gaap	Noninterest Expense Transfer Agent And Custodian Fees NoninterestExpenseTransferAgentAndCustodianFees	72000	usd
	nxdt	Pricing Fees PricingFees	68000	usd
	us-gaap	Investment Company Registration Expense InvestmentCompanyRegistrationExpense	56000	usd
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	322000	usd
	us-gaap	Costs And Expenses CostsAndExpenses	11792000	usd
	us-gaap	Net Investment Income NetInvestmentIncome	67404000	usd
	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	2310000	usd
	us-gaap	Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency	61740000	usd
	nxdt	Period Increase Decrease In Net Assets Resulting From Operations PeriodIncreaseDecreaseInNetAssetsResultingFromOperations	126834000	usd
CY2021	nxdt	Securities Lending Income SecuritiesLendingIncome	6000	usd
CY2021	nxdt	Return Of Capital Reclassification ReturnOfCapitalReclassification	11850000	usd
CY2021	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	95136000	usd
CY2021	us-gaap	Noninterest Expense Investment Advisory Fees NoninterestExpenseInvestmentAdvisoryFees	11094000	usd
CY2021	us-gaap	Legal Fees LegalFees	2206000	usd
CY2021	us-gaap	Interest Expense InterestExpense	2435000	usd
CY2021	us-gaap	Professional Fees ProfessionalFees	558000	usd
CY2021	us-gaap	General Insurance Expense GeneralInsuranceExpense	145000	usd
CY2021	us-gaap	Investment Company Shareholder Service Fee Expense InvestmentCompanyShareholderServiceFeeExpense	352000	usd
CY2021	us-gaap	Trustee Fees TrusteeFees	275000	usd
CY2021	nxdt	Audit And Tax Preparation Fees AuditAndTaxPreparationFees	124000	usd
CY2021	us-gaap	Noninterest Expense Transfer Agent And Custodian Fees NoninterestExpenseTransferAgentAndCustodianFees	101000	usd
CY2021	nxdt	Pricing Fees PricingFees	279000	usd
CY2021	us-gaap	Investment Company Registration Expense InvestmentCompanyRegistrationExpense	75000	usd
CY2021	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	990000	usd
CY2021	us-gaap	Net Investment Income NetInvestmentIncome	75107000	usd
CY2021	us-gaap	Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency	174903000	usd
CY2021	nxdt	Period Increase Decrease In Net Assets Resulting From Operations PeriodIncreaseDecreaseInNetAssetsResultingFromOperations	245455000	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	1112868000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-83883000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.30
	us-gaap	Dividends Common Stock DividendsCommonStock	11153000	usd
	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.68750
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	2310000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	1017832000	usd
	us-gaap	Net Investment Income NetInvestmentIncome	67404000	usd
	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	2310000	usd
	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	29146000	usd
	us-gaap	Investment Company Net Assets From Operations Increase Decrease InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease	126834000	usd
	us-gaap	Investment Company Dividend Distribution InvestmentCompanyDividendDistribution	11139000	usd
	us-gaap	Dividends Common Stock DividendsCommonStock	11139000	usd
	nxdt	Investment Company Net Assets From Operations And Dividends Increase Decrease InvestmentCompanyNetAssetsFromOperationsAndDividendsIncreaseDecrease	115695000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1288000	usd
	nxdt	Net Increase Decrease From Shares Transactions NetIncreaseDecreaseFromSharesTransactions	2713000	usd
	us-gaap	Investment Company Net Assets Period Increase Decrease InvestmentCompanyNetAssetsPeriodIncreaseDecrease	118408000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	911208000	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	1029616000	usd
	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	92067000	shares
	nxdt	Net Increase Decrease In Common Shares NetIncreaseDecreaseInCommonShares	92067000	shares
CY2021	us-gaap	Net Investment Income NetInvestmentIncome	75107000	usd
CY2021	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	4555000	usd
CY2021	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-41721000	usd
CY2021	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	216624000	usd
CY2021	us-gaap	Investment Company Net Assets From Operations Increase Decrease InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease	245455000	usd
CY2021	us-gaap	Investment Company Dividend Distribution InvestmentCompanyDividendDistribution	435000	usd
CY2021	us-gaap	Partners Capital Account Return Of Capital PartnersCapitalAccountReturnOfCapital	21766000	usd
CY2021	us-gaap	Dividends Common Stock DividendsCommonStock	22201000	usd
CY2021	nxdt	Investment Company Net Assets From Operations And Dividends Increase Decrease InvestmentCompanyNetAssetsFromOperationsAndDividendsIncreaseDecrease	223254000	usd
CY2021	nxdt	Capital Gains From Retirement Of Tendered Shares CapitalGainsFromRetirementOfTenderedShares	47319000	usd
CY2021	nxdt	Net Increase Decrease From Shares Transactions NetIncreaseDecreaseFromSharesTransactions	-102871000	usd
CY2021	us-gaap	Investment Company Net Assets Period Increase Decrease InvestmentCompanyNetAssetsPeriodIncreaseDecrease	120383000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	911208000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-81573000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7175000	usd
	nxdt	Amortization Of Intangible Lease Liabilities AmortizationOfIntangibleLeaseLiabilities	-743000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	67000	usd
	nxdt	Paid In Kind Interest Operating Activity PaidInKindInterestOperatingActivity	2872000	usd
	nxdt	Realized Investment Gains Losses Including Noncash Amounts RealizedInvestmentGainsLossesIncludingNoncashAmounts	-2323000	usd
	nxdt	Unrealized Gain Loss On Investments Including Noncash Amounts UnrealizedGainLossOnInvestmentsIncludingNoncashAmounts	-92031000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-2257000	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	2418000	usd
	nxdt	Payments For Life Settlement Premiums PaymentsForLifeSettlementPremiums	2576000	usd
	nxdt	Increase Decrease In Deferred Tax Asset IncreaseDecreaseInDeferredTaxAsset	-2247000	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	10720000	usd
	us-gaap	Increase Decrease In Property And Other Taxes Payable IncreaseDecreaseInPropertyAndOtherTaxesPayable	-2069000	usd
	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	-606000	usd
	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	18105000	usd
	us-gaap	Proceeds From Sale Of Other Investments ProceedsFromSaleOfOtherInvestments	14246000	usd
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	11276000	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	1382000	usd
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	5966000	usd
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	26500000	usd
	us-gaap	Payments To Acquire Life Insurance Policies PaymentsToAcquireLifeInsurancePolicies	8700000	usd
	us-gaap	Proceeds From Life Insurance Policies ProceedsFromLifeInsurancePolicies	7055000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-14418000	usd
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	13250000	usd
	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	1181000	usd
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	9543000	usd
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	12500000	usd
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	14410000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	379000	usd
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	2310000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	11153000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	19140000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-2127000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	50776000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	48649000	usd
	us-gaap	Dividends And Interest Paid DividendsAndInterestPaid	5284000	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	1501000	usd
	us-gaap	Construction In Progress Expenditures Incurred But Not Yet Paid ConstructionInProgressExpendituresIncurredButNotYetPaid	3883000	usd
	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	62510000	usd
	us-gaap	Net Income Loss NetIncomeLoss	126834000	usd
	nxdt	Payments For Purchase Of Securities Sold Short Operating Activities PaymentsForPurchaseOfSecuritiesSoldShortOperatingActivities	177000	usd
	us-gaap	Investment Income Net Amortization Of Discount And Premium InvestmentIncomeNetAmortizationOfDiscountAndPremium	171000	usd
	us-gaap	Increase Decrease In Interest And Dividends Receivable IncreaseDecreaseInInterestAndDividendsReceivable	-741000	usd
	us-gaap	Increase Decrease In Client Funds Held IncreaseDecreaseInClientFundsHeld	-192000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1583000	usd
	nxdt	Increase Decrease In Reclaim Receivable IncreaseDecreaseInReclaimReceivable	-1250000	usd
	nxdt	Increase Decrease In Foreign Tax Reclaim Receivable IncreaseDecreaseInForeignTaxReclaimReceivable	1274000	usd
	us-gaap	Increase Decrease In Payables To Broker Dealers IncreaseDecreaseInPayablesToBrokerDealers	-1695000	usd
	nxdt	Increase Decrease In Payable For Admin Fees IncreaseDecreaseInPayableForAdminFees	-11000	usd
	nxdt	Increase Decrease In Investment Advisory Fees IncreaseDecreaseInInvestmentAdvisoryFees	49000	usd
	us-gaap	Increase Decrease In Payables To Customers IncreaseDecreaseInPayablesToCustomers	-110000	usd
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	82000	usd
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-150000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	36336000	usd
	us-gaap	Proceeds From Repayments Of Notes Payable ProceedsFromRepaymentsOfNotesPayable	-26500000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	9714000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1288000	usd
	nxdt	Proceeds From Dividend Reinvestment ProceedsFromDividendReinvestment	-44000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-34970000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1366000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2678000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4044000	usd
	nxdt	Reinvestment Of Distributions ReinvestmentOfDistributions	1425000	usd
	us-gaap	Interest Paid Net InterestPaidNet	614000	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	245455000	usd
CY2021	nxdt	Payments For Purchase Of Securities Sold Short Operating Activities PaymentsForPurchaseOfSecuritiesSoldShortOperatingActivities	414000	usd
CY2021	us-gaap	Investment Income Net Amortization Of Discount And Premium InvestmentIncomeNetAmortizationOfDiscountAndPremium	490000	usd
CY2021	us-gaap	Increase Decrease In Interest And Dividends Receivable IncreaseDecreaseInInterestAndDividendsReceivable	-202000	usd
CY2021	us-gaap	Increase Decrease In Client Funds Held IncreaseDecreaseInClientFundsHeld	192000	usd
CY2021	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-743000	usd
CY2021	nxdt	Increase Decrease In Reclaim Receivable IncreaseDecreaseInReclaimReceivable	1250000	usd
CY2021	us-gaap	Increase Decrease In Payables To Broker Dealers IncreaseDecreaseInPayablesToBrokerDealers	-5687000	usd
CY2021	nxdt	Increase Decrease In Payable For Admin Fees IncreaseDecreaseInPayableForAdminFees	2000	usd
CY2021	nxdt	Audit Fees AuditFees	-391000	usd
CY2021	nxdt	Increase Decrease In Investment Advisory Fees IncreaseDecreaseInInvestmentAdvisoryFees	103000	usd
CY2021	us-gaap	Increase Decrease In Payables To Customers IncreaseDecreaseInPayablesToCustomers	110000	usd
CY2021	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	60000	usd
CY2021	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-7000	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	38066000	usd
CY2021	nxdt	Proceeds Payments For Cumulative Preferred Shares ProceedsPaymentsForCumulativePreferredShares	83252000	usd
CY2021	us-gaap	Proceeds From Repayments Of Notes Payable ProceedsFromRepaymentsOfNotesPayable	-2500000	usd
CY2021	us-gaap	Payments Of Dividends PaymentsOfDividends	20070000	usd
CY2021	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	105002000	usd
CY2021	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	-72000	usd
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-44392000	usd
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-6326000	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	9004000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2678000	usd
CY2021	nxdt	Reinvestment Of Distributions ReinvestmentOfDistributions	2131000	usd
CY2021	us-gaap	Interest Paid Net InterestPaidNet	2371000	usd
CY2022	us-gaap	Financial Designation Predecessor And Successor Fixed List FinancialDesignationPredecessorAndSuccessorFixedList	Successor
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	2000000	usd
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	10700000	usd
CY2022	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	2200000	usd
CY2022	us-gaap	Tax Adjustments Settlements And Unusual Provisions TaxAdjustmentsSettlementsAndUnusualProvisions	1500000	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12000000	usd
CY2022Q4	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0	usd
CY2022Q4	us-gaap	Deferred Tax Assets Capital Loss Carryforwards DeferredTaxAssetsCapitalLossCarryforwards	2050000	usd
CY2022Q4	nxdt	Deferred Tax Assets Capital Loss Carryforwards Utilized DeferredTaxAssetsCapitalLossCarryforwardsUtilized	1924000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	590000	usd
CY2022Q4	nxdt	Deferred Tax Assets Operating Loss Carryforwards Utilized DeferredTaxAssetsOperatingLossCarryforwardsUtilized	119000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Investments DeferredTaxAssetsInvestments	16677000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	17274000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	15027000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	2247000	usd
CY2022Q2	us-gaap	Land Land	0	usd
CY2022Q3	us-gaap	Land Land	21208000	usd
CY2022Q2	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	0	usd
CY2022Q3	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	158304000	usd
CY2022Q2	us-gaap	Rental Properties RentalProperties	0	usd
CY2022Q3	us-gaap	Rental Properties RentalProperties	10979000	usd
CY2022Q2	us-gaap	Development In Process DevelopmentInProcess	0	usd
CY2022Q3	us-gaap	Development In Process DevelopmentInProcess	46052000	usd
CY2022Q2	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	0	usd
CY2022Q3	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	349000	usd
CY2022Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	0	usd
CY2022Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	916596000	usd
CY2022Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	236892000	usd
CY2022Q2	us-gaap	Marketable Securities MarketableSecurities	1129544000	usd
CY2022Q3	us-gaap	Marketable Securities MarketableSecurities	804617000	usd
CY2022Q2	us-gaap	Equity Method Investments EquityMethodInvestments	0	usd
CY2022Q3	us-gaap	Equity Method Investments EquityMethodInvestments	143264000	usd
CY2022Q2	us-gaap	Bank Owned Life Insurance BankOwnedLifeInsurance	0	usd
CY2022Q3	us-gaap	Bank Owned Life Insurance BankOwnedLifeInsurance	56440000	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4044000	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	16136000	usd
CY2022Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	0	usd
CY2022Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	34640000	usd
CY2022Q2	us-gaap	Accounts Receivable Net AccountsReceivableNet	0	usd
CY2022Q3	us-gaap	Accounts Receivable Net AccountsReceivableNet	4849000	usd
CY2022Q2	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	172000	usd
CY2022Q3	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	2816000	usd
CY2022Q2	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	3896000	usd
CY2022Q3	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	6375000	usd
CY2022Q2	us-gaap	Assets Assets	1137656000	usd
CY2022Q3	us-gaap	Assets Assets	1306029000	usd
CY2022Q2	us-gaap	Loans Payable LoansPayable	0	usd
CY2022Q3	us-gaap	Loans Payable LoansPayable	145908000	usd
CY2022Q2	us-gaap	Notes Payable NotesPayable	16000000	usd
CY2022Q3	us-gaap	Notes Payable NotesPayable	23500000	usd
CY2022Q2	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	7492000	usd
CY2022Q3	srt	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	7492000	usd
CY2022Q2	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	1296000	usd
CY2022Q3	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	3322000	usd
CY2022Q2	us-gaap	Accrual For Taxes Other Than Income Taxes Current And Noncurrent AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent	0	usd
CY2022Q3	us-gaap	Accrual For Taxes Other Than Income Taxes Current And Noncurrent AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent	2323000	usd
CY2022Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	0	usd
CY2022Q3	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	639000	usd
CY2022Q2	us-gaap	Security Deposit Liability SecurityDepositLiability	0	usd
CY2022Q3	us-gaap	Security Deposit Liability SecurityDepositLiability	434000	usd
CY2022Q2	us-gaap	Advance Rent AdvanceRent	0	usd
CY2022Q3	us-gaap	Advance Rent AdvanceRent	1845000	usd
CY2022Q2	nxdt	Intangible Lease Liabilities Net IntangibleLeaseLiabilitiesNet	0	usd
CY2022Q3	nxdt	Intangible Lease Liabilities Net IntangibleLeaseLiabilitiesNet	6770000	usd
CY2022Q2	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	0	usd
CY2022Q3	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	928000	usd
CY2022Q2	us-gaap	Liabilities Liabilities	24788000	usd
CY2022Q3	us-gaap	Liabilities Liabilities	193161000	usd
CY2022Q2	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	83252000	usd
CY2022Q3	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	0	usd
CY2022Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2022Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	4800000	shares
CY2022Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	3359593	shares
CY2022Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	3359593	shares
CY2022Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2022Q3	us-gaap	Preferred Stock Value PreferredStockValue	3000	usd
CY2022Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	37171807	shares
CY2022Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	37171807	shares
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	37000	usd
CY2022Q3	us-gaap	Common Stock Value CommonStockValue	37000	usd
CY2022Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	999845000	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	112983000	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	112983000	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	1029616000	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	1112868000	usd
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1137656000	usd
CY2022Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1306029000	usd
CY2022Q4	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	4	property
CY2022Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	155668000	usd
CY2022Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	0	usd
CY2022Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	13250000	usd
CY2022Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	0	usd
CY2022Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	0	usd
CY2022Q4	us-gaap	Long Term Debt Maturing In Years Four And Five LongTermDebtMaturingInYearsFourAndFive	0	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	168918000	usd
CY2022Q4	us-gaap	Equity Method Investments EquityMethodInvestments	70656000	usd
CY2022Q4	us-gaap	Equity Method Investment Underlying Equity In Net Assets EquityMethodInvestmentUnderlyingEquityInNetAssets	49863000	usd
CY2022Q4	us-gaap	Equity Method Investment Difference Between Carrying Amount And Underlying Equity EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity	20793000	usd
CY2022	nxdt	Equity Method Investment Share Of Earnings Loss EquityMethodInvestmentShareOfEarningsLoss	501000	usd
CY2022Q4	nxdt	Equity Method Investments And Other Investments At Fair Value EquityMethodInvestmentsAndOtherInvestmentsAtFairValue	526096000	usd
CY2022Q4	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	914183000	usd
	nxdt	Life Insurance Policies Matured Number LifeInsurancePoliciesMaturedNumber	1	policy
	nxdt	Life Insurance Policies Matured Net Death Benefit LifeInsurancePoliciesMaturedNetDeathBenefit	7000000	usd
	nxdt	Life Insurance Policies Matured Premiums LifeInsurancePoliciesMaturedPremiums	2600000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Number Of Contracts LifeSettlementContractsFairValueMethodNumberOfContracts	28	contract
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Face Value LifeSettlementContractsFairValueMethodFaceValue	142952000	usd
CY2022Q4	nxdt	Life Settlement Contracts Fair Value Method Acquisition Cost LifeSettlementContractsFairValueMethodAcquisitionCost	48132000	usd
CY2022Q4	nxdt	Life Settlement Contracts Fair Value Method Premium Cost LifeSettlementContractsFairValueMethodPremiumCost	4589000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Carrying Amount LifeSettlementContractsFairValueMethodCarryingAmount	67711000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Next Rolling Twelve Months LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInNextRollingTwelveMonths	2	contract
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Face Value Maturing In Next Rolling Twelve Months LifeSettlementContractsFairValueMethodFaceValueMaturingInNextRollingTwelveMonths	7000000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Maturing In Next Rolling Twelve Months LifeSettlementContractsFairValueMaturingInNextRollingTwelveMonths	5950000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Rolling Year Two LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInRollingYearTwo	2	contract
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Face Value Maturing In Rolling Year Two LifeSettlementContractsFairValueMethodFaceValueMaturingInRollingYearTwo	7350000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Maturing In Rolling Year Two LifeSettlementContractsFairValueMaturingInRollingYearTwo	4774000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Rolling Year Three LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInRollingYearThree	5	contract
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Face Value Maturing In Rolling Year Three LifeSettlementContractsFairValueMethodFaceValueMaturingInRollingYearThree	19061000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Maturing In Rolling Year Three LifeSettlementContractsFairValueMaturingInRollingYearThree	11393000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Rolling Year Four LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInRollingYearFour	8	contract
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Face Value Maturing In Rolling Year Four LifeSettlementContractsFairValueMethodFaceValueMaturingInRollingYearFour	51351000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Maturing In Rolling Year Four LifeSettlementContractsFairValueMaturingInRollingYearFour	27648000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Number Of Contracts Maturing In Rolling Year Five LifeSettlementContractsFairValueMethodNumberOfContractsMaturingInRollingYearFive	3	contract
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Face Value Maturing In Rolling Year Five LifeSettlementContractsFairValueMethodFaceValueMaturingInRollingYearFive	17100000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Maturing In Rolling Year Five LifeSettlementContractsFairValueMaturingInRollingYearFive	7978000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Number Of Contracts Maturing After Rolling Year Five LifeSettlementContractsFairValueMethodNumberOfContractsMaturingAfterRollingYearFive	8	contract
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Face Value Maturing After Rolling Year Five LifeSettlementContractsFairValueMethodFaceValueMaturingAfterRollingYearFive	41090000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Maturing After Rolling Year Five LifeSettlementContractsFairValueMaturingAfterRollingYearFive	9968000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Number Of Contracts LifeSettlementContractsFairValueMethodNumberOfContracts	28	contract
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Face Value LifeSettlementContractsFairValueMethodFaceValue	142952000	usd
CY2022Q4	us-gaap	Life Settlement Contracts Fair Value Method Carrying Amount LifeSettlementContractsFairValueMethodCarryingAmount	67711000	usd
CY2022Q4	nxdt	Life Settlement Contracts Payable In Next Rolling12 Months LifeSettlementContractsPayableInNextRolling12Months	5279000	usd
CY2022Q4	nxdt	Life Settlement Contracts Payable In Rolling Year Two LifeSettlementContractsPayableInRollingYearTwo	5769000	usd
CY2022Q4	nxdt	Life Settlement Contracts Payable In Rolling Year Three LifeSettlementContractsPayableInRollingYearThree	6295000	usd
CY2022Q4	nxdt	Life Settlement Contracts Payable In Rolling Year Four LifeSettlementContractsPayableInRollingYearFour	7011000	usd
CY2022Q4	nxdt	Life Settlement Contracts Payable In Rolling Year Five LifeSettlementContractsPayableInRollingYearFive	7675000	usd
	nxdt	Life Insurance Policies Purchased Number LifeInsurancePoliciesPurchasedNumber	3	policy
	nxdt	Life Insurance Policies Purchased Face Value LifeInsurancePoliciesPurchasedFaceValue	28000000	usd
	nxdt	Life Insurance Policies Purchased Payment LifeInsurancePoliciesPurchasedPayment	8700000	usd
	nxdt	Stock Issued During Period Shares Pursuant To Dividend Reimbursement Plan That Was Terminated StockIssuedDuringPeriodSharesPursuantToDividendReimbursementPlanThatWasTerminated	92067	shares
	nxdt	Stock Issued During Period Shares Pursuant To Dividend Reimbursement Plan That Was Terminated StockIssuedDuringPeriodSharesPursuantToDividendReimbursementPlanThatWasTerminated	0	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	37171807	shares
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.05
CY2022Q4	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.15
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-83883000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	37171807	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	37171807	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.26
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.26
CY2022	nxdt	Annual Advisory Fee Percent AnnualAdvisoryFeePercent	0.0100
CY2022	nxdt	Administrative Fee Percent AdministrativeFeePercent	0.0020
	nxdt	Administrative And Advisory Fees Expense AdministrativeAndAdvisoryFeesExpense	6300000	usd
CY2022	nxdt	Annual Advisory Fee Percent AnnualAdvisoryFeePercent	0.0100
CY2022	nxdt	Administrative Fee Percent AdministrativeFeePercent	0.0020
CY2022Q4	nxdt	Advisory Agreement Maximum Monthly Fee AdvisoryAgreementMaximumMonthlyFee	1000000	usd
CY2022Q4	nxdt	Advisory Agreement Maximum Common Shares Issuable Percent AdvisoryAgreementMaximumCommonSharesIssuablePercent	0.05
CY2022Q4	nxdt	Advisory Agreement Maximum Voting Power Issuable Percent AdvisoryAgreementMaximumVotingPowerIssuablePercent	0.05
CY2022Q4	nxdt	Advisory Agreement Maximum Monthly Fee AdvisoryAgreementMaximumMonthlyFee	1000000	usd
CY2022Q4	nxdt	Advisory Agreement Threshold Trading Days AdvisoryAgreementThresholdTradingDays	P10D
CY2022	nxdt	Maximum Fee Percentage Of Managed Assets MaximumFeePercentageOfManagedAssets	0.015
CY2022	nxdt	Advisory Agreement Term AdvisoryAgreementTerm	P3Y
CY2022	nxdt	Advisory Agreement Additional Term AdvisoryAgreementAdditionalTerm	P1Y
CY2022	nxdt	Advisory Agreement Termination Threshold With Cause AdvisoryAgreementTerminationThresholdWithCause	P30D
CY2022	nxdt	Advisory Agreement Termination Threshold Without Cause AdvisoryAgreementTerminationThresholdWithoutCause	P180D
CY2022	nxdt	Advisory Agreement Termination Threshold Material Breach Of Contract AdvisoryAgreementTerminationThresholdMaterialBreachOfContract	P30D
CY2022	nxdt	Advisory Agreement Material Breach Of Contract Term AdvisoryAgreementMaterialBreachOfContractTerm	P30D
CY2022	nxdt	Termination Fee Calculation Threshold Period TerminationFeeCalculationThresholdPeriod	P1Y
	nxdt	Administrative And Advisory Fees Expense AdministrativeAndAdvisoryFeesExpense	5500000	usd
	nxdt	Deferred Expense To Comply With Cap DeferredExpenseToComplyWithCap	1100000	usd
	nxdt	Maximum Fee Percentage Of Managed Assets MaximumFeePercentageOfManagedAssets	0.015
CY2022Q4	nxdt	Noncontrolling Interest Shares Redeemed NoncontrollingInterestSharesRedeemed	2100000	shares
CY2022Q4	nxdt	Stock Issued During Period Shares Conversion Of Redeemable Noncontrolling Interests StockIssuedDuringPeriodSharesConversionOfRedeemableNoncontrollingInterests	2100000	shares
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	10334000	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	6310000	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	6002000	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	4687000	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	3872000	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	3320000	usd
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	34525000	usd

Files In Submission

Name	View Source	Status
nxdt-20221231_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
0001356115-23-000004-index-headers.html	Edgar Link	pending
0001356115-23-000004-index.html	Edgar Link	pending
0001356115-23-000004.txt	Edgar Link	pending
0001356115-23-000004-xbrl.zip	Edgar Link	pending
a041nxdtnhfstatementofpref.htm	Edgar Link	pending
a1014nxdtcityplaceloanagre.htm	Edgar Link	pending
a1015guarantyofrecourseobl.htm	Edgar Link	pending
a1016guarantycompletion484.htm	Edgar Link	pending
a1017guarantyofrequiredequ.htm	Edgar Link	pending
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a1019omnibusamendmentagree.htm	Edgar Link	pending
a1020nsp-arsponsorfundguar.htm	Edgar Link	pending
a1021nsp-nexpointcontribut.htm	Edgar Link	pending
a1022nsp-secondarllcagreem.htm	Edgar Link	pending
a1023nht-convertiblepromis.htm	Edgar Link	pending
a1024nht-convertiblepromis.htm	Edgar Link	pending
a105-formofrsuagreementtru.htm	Edgar Link	pending
a106-formofrsuagreementkey.htm	Edgar Link	pending
a211nxdt-ex211listofsubsid.htm	Edgar Link	pending
a231-consentofkpmg.htm	Edgar Link	pending
a232nxdt12312022_consentfo.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
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MetaLinks.json	Edgar Link	pending
nxdt-20221231.htm	Edgar Link	pending
nxdt-20221231.xsd	Edgar Link	pending
nxdt-20221231_g1.gif	Edgar Link	pending
nxdt-20221231_g2.jpg	Edgar Link	pending
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nxdt-ex311sox302certificat.htm	Edgar Link	pending
nxdt-ex312sox302certificat.htm	Edgar Link	pending
nxdt-ex321sox906certificat.htm	Edgar Link	pending
nxdtdescriptionofsecuritie.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
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nxdt-20221231_def.xml	Edgar Link	unprocessable
nxdt-20221231_lab.xml	Edgar Link	unprocessable
nxdt-20221231_pre.xml	Edgar Link	unprocessable
nxdt-20221231_htm.xml	Edgar Link	completed
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$NXDT
NEXPOINT DIVERSIFIED REAL ESTATE TRUST Stock $nxdt

2023 Q1 Form 10-K Financial Statement

#000135611523000004 Filed on March 31, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NXDT NEXPOINT DIVERSIFIED REAL ESTATE TRUST Stock $nxdt

2023 Q1 Form 10-K Financial Statement

#000135611523000004 Filed on March 31, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NXDT
NEXPOINT DIVERSIFIED REAL ESTATE TRUST Stock $nxdt