Goodwill and Other Intangible Assets
Goodwill. The goodwill balance at both December 31, 2025 and 2024 was $56.6 million.
Other Intangible Assets. The following table sets forth the other intangible assets activity ($ in thousands):
December 31, 2025December 31, 2024
Gross
Carrying Value
Accumulated
Amortization
TotalGross
Carrying Value
Accumulated
Amortization
Total
Finite‑lived intangible assets:
Borrower relationships$14,400 $(13,620)$780 $14,400 $(12,180)$2,220 
Below market leases4,010 (3,863)147 4,010 (3,737)273 
Infinite‑lived intangible assets:
Fannie Mae DUS license17,100 — 17,100 17,100 — 17,100 
Freddie Mac Program Plus license8,700 — 8,700 8,700 — 8,700 
FHA license3,200 — 3,200 3,200 — 3,200 
$47,410 $(17,483)$29,927 $47,410 $(15,917)$31,493 
The amortization expense recorded for these intangible assets was $1.6 million, $3.3 million and $4.7 million for 2025, 2024 and 2023, respectively.
At December 31, 2025, the weighted average remaining lives of our amortizable finite-lived intangible assets and the estimated annual amortization expense are as follows ($ in thousands):
Wtd. Avg.
Remaining Life
(in years)
Estimated Amortization Expense for the
Years Ending December 31,
20262027
Finite‑lived intangible assets:
Borrower relationships0.3$780 $— 
Below market leases1.0126 21 
0.4$906 $21 
See Note 21 for details of goodwill and other intangible assets by segment.
Free Sentinel

Want the next ARBOR REALTY TRUST INC goodwill & intangibles disclosure the moment it drops?

Set a Sentinel and we'll alert you the moment ARBOR REALTY TRUST INC's next filing hits EDGAR. No credit card, your email never gets sold.

Track for free

Historical Timeline

Fiscal YearFiled
2025Feb 27, 2026Showing above
2017Feb 23, 2018

About Goodwill & Intangibles Disclosures

Goodwill and intangible asset disclosures reveal the premium paid in acquisitions and how management assesses whether that premium retains its value. Since goodwill is no longer amortized under US GAAP, the annual impairment test is the only mechanism that adjusts carrying values downward — making the assumptions behind that test critically important for investors.

Key signals: a history of goodwill impairments suggests management consistently overpays for acquisitions. Watch the gap between reporting unit fair value and carrying amount — when fair value exceeds carrying amount by less than 10-20%, a small decline in business performance could trigger a write-down. For finite-lived intangibles, examine useful life assumptions across customer relationships, technology, and trade names; aggressive estimates inflate near-term earnings. Compare total intangibles-to-total-assets ratios against peers to assess acquisition dependency. Rising goodwill as a percentage of equity can signal balance sheet fragility.