minutes highlights million fourth for financial XXXX, year million to the going a quarter morning. compared the the Good Steve. comparable XXXX, prior you, in $X.X to of fourth which NOI, segment with Thank $XX.X quarter our I'm over going period. starting for spend few was the
segment, by our of driven business multifamily of from office $X.X from lending $XXX,XXX $XXX,XXX down by properties, our $XXX,XXX the million $XXX,XXX from from decreases Broken and properties, hotel decrease was business. our
office segment in XXXX $X.X was occupancy $X.X decrease by decrease Our for revenue collectively XXXX. unrealized Office Oakland, investments property a loss driven resulting QX NOI termination in decrease prior our period. year estate at during in in a compared net in on by QX million large The drop from exercising California, was a to This million attributable was lease offset slight to rental unconsolidated the our real partially option. their decrease a a tenant entities, partial which office versus the experienced
The Multifamily prior our reported million period. year joint segment of comparable fourth real to due $X.X unrealized and segment, the was ventures NOI approximately in to XXXX, compared for XXXX. during quarter estate For of investment unconsolidated an loss the our we primarily $XXX,XXX approximately during decrease one QX on of
third causing prior for to our had compared of $X.X XXXX, of hotel $XXX,XXX Due comparable NOI XXXX, the drop the in renovations to occupancy million a construction related that began to approximately quarter in $X.X million decreased hotel quarter operations year in fourth period. to of the
income period, to decrease lending million a premium from primarily in lower due in $X.X loan comparable $XXX,XXX prior loan And year to a a our and as in decreased income decrease the and sale volume. result NOI division of originations interest
expenditures which last comparing to the fourth We during paydown year. our $X.X assets debt loss a below revolver the increase of as related flat the quarter quarter maturity. driven was to an to of relatively advance resulting capital early XXXX XXXX and $X.X when additions well extinguishment Our of million, the as NOI majority from our of the million during was current in by depreciation line of activity had and XXXX, its in of fixed amortization on of
These expenses debt in allocated decrease of outstanding, due costs reductions our a decrease a million partially $X.X transaction-related $X operating decrease G&A of a $XXX,XXX. decrease NOI to to by around in our a interest in segments aggregate to fund-level not mostly were million and and property-level expense in of offset
share in negative in share And per or compared period. diluted comparable our to $X.XX per the dividends redeemable negative or negative negative negative increase The core share core per diluted decrease period. comparable $X.X FFO $X million $X.X was negative FFO and $X.XX negative prior year the diluted due or stock FFO diluted to of prior $X.X million. preferred a share $X.X to year million FFO $X.XX was or million Our primarily $X.XX million per in was compared approximately in negative
for X split. seeking to stock shareholder approval a Finally, we are XX reverse do
a outstanding and liquidity flow, of While preferred also lower our our the shares it cash common to increased stock common amount improved redemptions price. sheet, recent balance contributing
questions. we With can that, for now the open line
