{
"chunks": [
{
"id": "fb4b0ad9-51fe-443c-a908-2808ae6202fd",
"grounding": {
"box": {
"bottom": 0.11089912801980972,
"left": 0.027628719806671143,
"right": 0.2516792118549347,
"top": 0.06324019283056259
},
"page": 0
},
"markdown": "\n\nCapital Structure Overview",
"type": "text"
},
{
"id": "4b7653f8-41e2-4d78-aaa1-e5b6e728f88d",
"grounding": {
"box": {
"bottom": 0.06119473651051521,
"left": 0.9245197176933289,
"right": 0.972230851650238,
"top": 0.03911004588007927
},
"page": 0
},
"markdown": "\n\nAPOLLO",
"type": "marginalia"
},
{
"id": "c5702291-cbcc-4728-b34e-ee1acb3c56db",
"grounding": {
"box": {
"bottom": 0.19177138805389404,
"left": 0.0771881490945816,
"right": 0.4914094805717468,
"top": 0.14563989639282227
},
"page": 0
},
"markdown": "\n\nQ2'26 Capital Structure Composition",
"type": "text"
},
{
"id": "df3bb7b8-e49f-4204-b19a-682a43457b0c",
"grounding": {
"box": {
"bottom": 0.19120872020721436,
"left": 0.5088105201721191,
"right": 0.9210494756698608,
"top": 0.1459502875804901
},
"page": 0
},
"markdown": "\n\nPost Preferred Stock Redemption Capital Structure Composition(d)",
"type": "text"
},
{
"id": "05c4a365-e3c3-41ab-968e-f260f9984b2b",
"grounding": {
"box": {
"bottom": 0.8014391660690308,
"left": 0.09653244912624359,
"right": 0.4367213249206543,
"top": 0.192975252866745
},
"page": 0
},
"markdown": "\n\n<::Stacked bar chart:(\n($ in mm)\n\nSegment 1 (top):\nValue: $372 (23%)\nLabel: Debt Related to Real Estate Owned\n\nSegment 2 (middle):\nValue: $169 (10%)\nLabel: Preferred Stock(a)\n\nSegment 3 (bottom):\nValue: $1,086 (67%)\nLabel: Common Equity Book Value(b)\n\nNote for Common Equity Book Value:\nIncludes $1.2B of cash\n::>",
"type": "figure"
},
{
"id": "c3b18020-5235-42e0-b9f6-ec698748f68e",
"grounding": {
"box": {
"bottom": 0.8065329194068909,
"left": 0.536419153213501,
"right": 0.8951834440231323,
"top": 0.1925533413887024
},
"page": 0
},
"markdown": "\n\n<::\n($ in mm)\n\nStacked bar chart showing two segments:\n- Top segment: $372 (26%) - Debt Related to Real Estate Owned\n- Bottom segment: $1,086 (74%) - Common Equity Book Value(c)\n\nAccompanying the Common Equity Book Value(c) is a dashed box stating: \"Includes $1.1B of cash\"\n: chart::>",
"type": "figure"
},
{
"id": "8785ac42-523b-49e5-9258-f1368e207ed7",
"grounding": {
"box": {
"bottom": 0.9904869198799133,
"left": 0.027375638484954834,
"right": 0.9598202109336853,
"top": 0.8732765316963196
},
"page": 0
},
"markdown": "\n\na) Series B-1 Preferred Stock is generally not convertible into or exchangeable for any other property or any other of our securities at the election of the holders. On July 15, 2026, we exercised our option to redeem the shares at a redemption price of $25.00 (equating to $169 million liquidation preference), plus any accrued unpaid dividends to, but not including, the date of the redemption. Following the redemption, no shares of Series B-1 Preferred Stock remained issued and outstanding.\nb) Reflects book value per share (net of accumulated depreciation) of $8.47 multiplied by shares of common stock outstanding as of June 30, 2026\nc) Reflects book value per share (net of accumulated depreciation as of June 30, 2026) of $8.47, without giving pro forma effect to quarter-to-date real estate owned activity and related financing, as well as certain quarterly accruals, multiplied by shares of common stock outstanding as of July 15, 2026\nd) As of July 15, 2026",
"type": "text"
},
{
"id": "791b65c3-9ee6-4917-8969-ba4288cf33f5",
"grounding": {
"box": {
"bottom": 0.9625928401947021,
"left": 0.9645768404006958,
"right": 0.9725617170333862,
"top": 0.9466872215270996
},
"page": 0
},
"markdown": "\n\n6",
"type": "marginalia"
}
],
"markdown": "\n\nCapital Structure Overview\n\n\n\nAPOLLO\n\n\n\nQ2'26 Capital Structure Composition\n\n\n\nPost Preferred Stock Redemption Capital Structure Composition(d)\n\n\n\n<::Stacked bar chart:(\n($ in mm)\n\nSegment 1 (top):\nValue: $372 (23%)\nLabel: Debt Related to Real Estate Owned\n\nSegment 2 (middle):\nValue: $169 (10%)\nLabel: Preferred Stock(a)\n\nSegment 3 (bottom):\nValue: $1,086 (67%)\nLabel: Common Equity Book Value(b)\n\nNote for Common Equity Book Value:\nIncludes $1.2B of cash\n::>\n\n\n\n<::\n($ in mm)\n\nStacked bar chart showing two segments:\n- Top segment: $372 (26%) - Debt Related to Real Estate Owned\n- Bottom segment: $1,086 (74%) - Common Equity Book Value(c)\n\nAccompanying the Common Equity Book Value(c) is a dashed box stating: \"Includes $1.1B of cash\"\n: chart::>\n\n\n\na) Series B-1 Preferred Stock is generally not convertible into or exchangeable for any other property or any other of our securities at the election of the holders. On July 15, 2026, we exercised our option to redeem the shares at a redemption price of $25.00 (equating to $169 million liquidation preference), plus any accrued unpaid dividends to, but not including, the date of the redemption. Following the redemption, no shares of Series B-1 Preferred Stock remained issued and outstanding.\nb) Reflects book value per share (net of accumulated depreciation) of $8.47 multiplied by shares of common stock outstanding as of June 30, 2026\nc) Reflects book value per share (net of accumulated depreciation as of June 30, 2026) of $8.47, without giving pro forma effect to quarter-to-date real estate owned activity and related financing, as well as certain quarterly accruals, multiplied by shares of common stock outstanding as of July 15, 2026\nd) As of July 15, 2026\n\n\n\n6",
"metadata": {
"credit_usage": 3.0,
"duration_ms": 7413,
"filename": "p6.pdf",
"job_id": "cmspjzx8k00cedr01cgzh6bb9",
"org_id": "dlh8mka28ml4",
"page_count": 1,
"version": "dpt-2-20260410",
"failed_pages": []
},
"splits": [
{
"chunks": [
"fb4b0ad9-51fe-443c-a908-2808ae6202fd",
"4b7653f8-41e2-4d78-aaa1-e5b6e728f88d",
"c5702291-cbcc-4728-b34e-ee1acb3c56db",
"df3bb7b8-e49f-4204-b19a-682a43457b0c",
"05c4a365-e3c3-41ab-968e-f260f9984b2b",
"c3b18020-5235-42e0-b9f6-ec698748f68e",
"8785ac42-523b-49e5-9258-f1368e207ed7",
"791b65c3-9ee6-4917-8969-ba4288cf33f5"
],
"class_": "full",
"identifier": "full",
"markdown": "\n\nCapital Structure Overview\n\n\n\nAPOLLO\n\n\n\nQ2'26 Capital Structure Composition\n\n\n\nPost Preferred Stock Redemption Capital Structure Composition(d)\n\n\n\n<::Stacked bar chart:(\n($ in mm)\n\nSegment 1 (top):\nValue: $372 (23%)\nLabel: Debt Related to Real Estate Owned\n\nSegment 2 (middle):\nValue: $169 (10%)\nLabel: Preferred Stock(a)\n\nSegment 3 (bottom):\nValue: $1,086 (67%)\nLabel: Common Equity Book Value(b)\n\nNote for Common Equity Book Value:\nIncludes $1.2B of cash\n::>\n\n\n\n<::\n($ in mm)\n\nStacked bar chart showing two segments:\n- Top segment: $372 (26%) - Debt Related to Real Estate Owned\n- Bottom segment: $1,086 (74%) - Common Equity Book Value(c)\n\nAccompanying the Common Equity Book Value(c) is a dashed box stating: \"Includes $1.1B of cash\"\n: chart::>\n\n\n\na) Series B-1 Preferred Stock is generally not convertible into or exchangeable for any other property or any other of our securities at the election of the holders. On July 15, 2026, we exercised our option to redeem the shares at a redemption price of $25.00 (equating to $169 million liquidation preference), plus any accrued unpaid dividends to, but not including, the date of the redemption. Following the redemption, no shares of Series B-1 Preferred Stock remained issued and outstanding.\nb) Reflects book value per share (net of accumulated depreciation) of $8.47 multiplied by shares of common stock outstanding as of June 30, 2026\nc) Reflects book value per share (net of accumulated depreciation as of June 30, 2026) of $8.47, without giving pro forma effect to quarter-to-date real estate owned activity and related financing, as well as certain quarterly accruals, multiplied by shares of common stock outstanding as of July 15, 2026\nd) As of July 15, 2026\n\n\n\n6",
"pages": [
0
]
}
],
"grounding": {
"fb4b0ad9-51fe-443c-a908-2808ae6202fd": {
"box": {
"bottom": 0.11089912801980972,
"left": 0.027628719806671143,
"right": 0.2516792118549347,
"top": 0.06324019283056259
},
"page": 0,
"type": "chunkText",
"confidence": 1.0,
"low_confidence_spans": []
},
"4b7653f8-41e2-4d78-aaa1-e5b6e728f88d": {
"box": {
"bottom": 0.06119473651051521,
"left": 0.9245197176933289,
"right": 0.972230851650238,
"top": 0.03911004588007927
},
"page": 0,
"type": "chunkMarginalia",
"confidence": 0.995,
"low_confidence_spans": []
},
"c5702291-cbcc-4728-b34e-ee1acb3c56db": {
"box": {
"bottom": 0.19177138805389404,
"left": 0.0771881490945816,
"right": 0.4914094805717468,
"top": 0.14563989639282227
},
"page": 0,
"type": "chunkText",
"confidence": 0.997,
"low_confidence_spans": []
},
"df3bb7b8-e49f-4204-b19a-682a43457b0c": {
"box": {
"bottom": 0.19120872020721436,
"left": 0.5088105201721191,
"right": 0.9210494756698608,
"top": 0.1459502875804901
},
"page": 0,
"type": "chunkText",
"confidence": 0.999,
"low_confidence_spans": []
},
"05c4a365-e3c3-41ab-968e-f260f9984b2b": {
"box": {
"bottom": 0.8014391660690308,
"left": 0.09653244912624359,
"right": 0.4367213249206543,
"top": 0.192975252866745
},
"page": 0,
"type": "chunkFigure",
"confidence": null,
"low_confidence_spans": []
},
"c3b18020-5235-42e0-b9f6-ec698748f68e": {
"box": {
"bottom": 0.8065329194068909,
"left": 0.536419153213501,
"right": 0.8951834440231323,
"top": 0.1925533413887024
},
"page": 0,
"type": "chunkFigure",
"confidence": null,
"low_confidence_spans": []
},
"8785ac42-523b-49e5-9258-f1368e207ed7": {
"box": {
"bottom": 0.9904869198799133,
"left": 0.027375638484954834,
"right": 0.9598202109336853,
"top": 0.8732765316963196
},
"page": 0,
"type": "chunkText",
"confidence": 0.987,
"low_confidence_spans": []
},
"791b65c3-9ee6-4917-8969-ba4288cf33f5": {
"box": {
"bottom": 0.9625928401947021,
"left": 0.9645768404006958,
"right": 0.9725617170333862,
"top": 0.9466872215270996
},
"page": 0,
"type": "chunkMarginalia",
"confidence": 0.998,
"low_confidence_spans": []
}
}
}