For the quarter ending 2026-03-31, ADAMM has $12,790,341K in assets. $11,332,524K in debts. $208,915K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Investment securities available for sale, at fair value | 6,960,313 | 6,904,781 | 6,838,715 | |
| Residential loans, at fair value | 4,498,027 | 4,358,175 | 4,151,647 | |
| Residential loans held for sale | 121,607 | 80,707 | 105,036 | |
| Multi-family loans, at fair value | 55,910 | 55,476 | 68,647 | |
| Equity investments, at fair value | 23,468 | 24,711 | 28,825 | |
| Cash and cash equivalents | 208,915 | 210,333 | 185,285 | |
| Real estate, net | 465,846 | 553,496 | 601,748 | |
| Assets of disposal group held for sale | - | 1,256 | 1,383 | |
| Goodwill | 22,396 | 22,396 | 22,396 | |
| Restricted cash | 156,479 | 132,045 | 112,430 | |
| Accrued interest receivable | 77,235 | 76,152 | 72,887 | |
| Collections receivable from residential loan servicers | 42,766 | 40,207 | 42,669 | |
| Real estate owned | 38,255 | 44,926 | 34,082 | |
| Other receivables | 20,909 | 22,338 | 30,096 | |
| Mortgage servicing rights | 19,965 | 20,893 | 21,896 | |
| Intangible assets | 16,754 | 17,318 | 17,882 | |
| Recoverable advances on residential loans | 13,783 | 15,404 | 14,589 | |
| Deferred tax assets | 13,138 | 14,441 | 9,373 | |
| Other assets in consolidated multi-family properties | 11,108 | 14,521 | 16,101 | |
| Receivables from derivative counterparties | 9,751 | 16,203 | 11,500 | |
| Operating lease right-of-use assets | 4,753 | 5,175 | 4,571 | |
| Derivative assets | 1,839 | 722 | 2,612 | |
| Other | 7,124 | 7,171 | 7,492 | |
| Other assets | 433,859 | 427,516 | 398,180 | |
| Total assets | 12,790,341 | 12,638,847 | 12,401,862 | |
| Repurchase agreements and warehouse facilities | 7,019,017 | 6,753,417 | 6,481,072 | |
| Collateralized debt obligations (3,115,903 at fair value and 353,041 at amortized cost, net as of march31, 2026 and 3,148,157 at fair value and 363,645 at amortized cost, net as of december31, 2025) | 3,468,944 | 3,511,802 | 3,577,459 | |
| Senior unsecured notes (339,648 at fair value as of march31, 2026 and 260,852 at fair value and 99,585 at amortized cost, net as of december31, 2025) | 339,648 | 360,437 | 356,865 | |
| Subordinated debentures | 45,000 | 45,000 | 45,000 | |
| Mortgages payable on real estate, net | 276,032 | 332,131 | 362,747 | |
| Liabilities of disposal group held for sale | - | 122 | 78 | |
| Accrued interest payable | - | 59,114 | - | |
| Dividends and dividend equivalents payable | - | 35,332 | - | |
| Margin payable to derivative counterparties | - | 24,271 | - | |
| Accrued expenses | - | 23,554 | - | |
| Advanced remittances from residential loan servicers | - | 13,228 | - | |
| Deferred tax liabilities | - | 12,761 | - | |
| Accrued expenses and other liabilities in consolidated multi-family properties | - | 9,533 | - | |
| Deferred revenue | - | 7,316 | - | |
| Unfunded commitments for residential and multi-family investments | - | 6,750 | - | |
| Operating lease liabilities | - | 5,549 | - | |
| Holdback for representations and warranties | - | 2,500 | - | |
| Other | - | 5,593 | - | |
| Other liabilities | 183,883 | 205,501 | 173,863 | |
| Total liabilities | 11,332,524 | 11,208,410 | 10,997,084 | |
| Redeemable non-controlling interest in consolidated variable interest entities | 4,078 | 3,016 | 13,713 | |
| Preferred stock, par value 0.01 per share, 31,500,000 shares authorized, 22,385,674 shares issued and outstanding (559,642 aggregate liquidation preference) | 540,472 | 540,472 | 540,472 | |
| Common stock, par value 0.01 per share, 200,000,000 shares authorized, 89,861,108 and 90,303,863 shares issued and outstanding as of march31, 2026 and december31, 2025, respectively | 899 | 903 | 903 | |
| Additional paid-in capital | 2,308,286 | 2,294,194 | 2,279,204 | |
| Accumulated other comprehensive loss | - | 0 | 0 | |
| Accumulated deficit | -1,393,196 | -1,408,647 | -1,429,802 | |
| Company's stockholders' equity | 1,456,461 | 1,426,922 | 1,390,777 | |
| Non-controlling interests | -2,722 | 499 | 288 | |
| Total equity | 1,453,739 | 1,427,421 | 1,391,065 | |
| Total liabilities and equity | 12,790,341 | 12,638,847 | 12,401,862 | |
ADAMAS TRUST, INC. (ADAMM)
ADAMAS TRUST, INC. (ADAMM)