| Income Statement | 2025-09-30 | |||
|---|---|---|---|---|
| Investment securities available for sale-Investment Securities Availablefor Sale At Fair Value | 87,565 | |||
| Total Residential Mortgage Loans Excluding Held For Sale | 66,734 | |||
| Residential Mortgage Loans Held For Sale | 2,149 | |||
| Multi Family Loans | 2,090 | |||
| Other-Other Receivables | 2,095 | |||
| Interest income | 160,633 | |||
| Interest expense | 124,047 | |||
| Total net interest income | 36,586 | |||
| Rental income | 16,600 | |||
| Other real estate income | 2,504 | |||
| Total income from real estate | 19,104 | |||
| Interest expense, mortgages payable on real estate | 5,409 | |||
| Depreciation and amortization | 5,936 | |||
| Other real estate expenses | 11,637 | |||
| Total expenses related to real estate | 22,982 | |||
| Total net loss from real estate | -3,878 | |||
| Realized losses, net | -5,610 | |||
| Unrealized gains, net | 54,852 | |||
| (losses) gains on derivative instruments, net | -13,006 | |||
| Mortgage banking activities, net | 14,103 | |||
| (loss) income from equity investments | -1,595 | |||
| Impairment of real estate | 1,619 | |||
| Loss on reclassification of disposal group | 0 | |||
| Other income | 1,479 | |||
| Total other income (loss) | 48,604 | |||
| General and administrative expenses | 23,349 | |||
| Portfolio operating expenses | 6,747 | |||
| Loan origination costs | 3,788 | |||
| Financing transaction costs | 7,941 | |||
| Total general, administrative and operating expenses | 41,825 | |||
| Income (loss) from operations before income taxes | 39,487 | |||
| Income tax (benefit) expense | -298 | |||
| Net income (loss) | 39,785 | |||
| Net loss attributable to non-controlling interests | -5,035 | |||
| Net income (loss) attributable to company | 44,820 | |||
| Preferred stock dividends | 12,118 | |||
| Net income (loss) attributable to company's common stockholders | 32,702 | |||
| Basic earnings (loss) per common share (in dollars per share) | 0.36 | |||
| Diluted earnings (loss) per common share (in dollars per share) | 0.36 | |||
| Weighted average shares outstanding-basic (in shares) | 90,406,000 | |||
| Weighted average shares outstanding-diluted (in shares) | 91,614,000 | |||
ADAMAS TRUST, INC. (ADAMH)
ADAMAS TRUST, INC. (ADAMH)