DigitalBridge Group, Inc.DBRG

DigitalBridge Group, Inc. Commitments Disclosure

10-KFiled Feb 26, 20262 min read
17. Commitments and Contingencies
Litigation
The Company may be involved in litigation and other proceedings that arise in the ordinary course of business. As of December 31, 2025, the Company is not involved in any legal proceedings that are expected to have a material adverse effect on the Company’s results of operations, financial position or liquidity.
Leases
As lessee, the Company's leasing arrangements are generally limited to operating leases for its corporate offices.
The weighted average remaining lease term based upon outstanding lease liability balances at December 31, 2025 was 4.7 years for operating leases on corporate offices.
The following table summarizes total lease cost for operating leases on corporate offices, which are included in administrative expense.
December 31,
(In thousands)202520242023
Fixed lease expense$7,557 $9,028 $8,678 
Variable lease expense1,838 2,172 1,713 
Total operating lease cost$9,395 $11,200 $10,391 
Lease Commitments
Operating lease liabilities take into consideration renewal or termination options when such options are deemed reasonably certain to be exercised by the Company and exclude variable lease payments which are expensed as incurred. The Company makes variable lease payments for: (i) leases with rental payments that are adjusted periodically for inflation, and/or (ii) nonlease services, such as common area maintenance.
The table below presents the Company's future lease commitments for operating leases on corporate offices at December 31, 2025, determined using a weighted average discount rate of 6.0%.
Year Ending December 31,(In thousands)
2026$9,861 
20279,259 
20286,733 
20292,997 
20302,984 
2031 and thereafter5,543 
Total lease payments37,377 
Present value discount(5,215)
Operating lease liability on corporate offices
$32,162 
The Company has sub-leased a portion of certain of its existing office space over the remaining term of the respective leases that expire between 2028 and 2030, with fixed sub-lease payments expected to be received over the remaining life of the sub-lease contracts totaling $3.7 million.
Commitments on Future Leases
At December 31, 2025, the Company has operating lease commitments on an office space that is expected to commence in 2026 with a 10.8 year lease term and fixed lease payments (undiscounted) totaling $57.9 million. The Company expects to sub-lease a portion of this new office space in 2026, which will reduce its future lease obligation.

Historical Timeline

Fiscal YearFiled
2025Feb 26, 2026Showing above
2024Feb 21, 2025
2023Feb 23, 2024
2022Feb 27, 2023
2021Feb 28, 2022
2020Mar 1, 2021
2019Mar 2, 2020
2018Mar 1, 2019
2017Mar 1, 2018
2016Feb 28, 2017

About Commitments Disclosures

Commitments and contingencies disclosures catalog a company's off-balance-sheet obligations and legal exposures — purchase commitments, guarantee arrangements, pending litigation, and regulatory proceedings. These items represent potential future cash outflows that may not appear as liabilities on the balance sheet until they become probable and estimable.

Key signals: litigation reserves and disclosed loss ranges quantify management's estimate of legal exposure, but unquantified "reasonably possible" losses often represent the larger risk. Watch for changes in language around pending cases — shifts from "remote" to "reasonably possible" or increases in estimated loss ranges signal deteriorating outcomes. Unconditional purchase obligations and take-or-pay contracts create fixed cost structures that reduce operational flexibility. Guarantee arrangements for subsidiaries or joint ventures can create cascading obligations. Compare the total commitment schedule against projected free cash flow to assess whether the company can meet its obligations without additional financing.

Other Available Disclosures

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