AG Mortgage Investment Trust, Inc. MITT Cash Flow

Ag mortgage investment trust, inc. (MITT)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12
Cash Flows from Operating Activities
Net Income (Loss) Attributable to Parent
92,922	1,568	118,558	63,683	13,818	109,395	-31,578	134,935
Net (income)/loss from discontinued operations
4,416	1,936	0	-	-	-	-	-
Net income/(loss) from continuing operations
97,338	3,504	118,558	-	-	-	-	-
Adjustments to reconcile net income/(loss) to net cash provided by (used in) operating activities:
Net amortization of premium
-4,673	-4,062	-4,596	-9,569	12,194	16,773	41,176	46,753
Net realized (gain)/loss
-50,822	-39,450	-13,986	-10,391	-17,148	3,637	-115,594	24,568
Net realized and unrealized (gains)/losses on securities underlying linked transactions
-	-	-	-	-	2,952	-8,222	14,818
Unrealized Gain (Loss) on Securities
83,832	-20,940	45,529	2,673	-32,491	72,480	-84,195	52,071
Unrealized (gain)/loss on derivative and other instruments, net
-312	-13,538	19,813	8,613	-12,180	-51,255	89,112	-24,086
Foreign Currency Transaction Gain (Loss), before Tax
-2,512	0	0	-	-	-	-	-
Property depreciation and amortization
-	-	-	0	-	-	-	-
Equity based compensation to affiliate
349	239	301	299	164	291	-986	400
Equity based compensation expense
399	392	239	119	119	147	181	161
Income from investments in debt and equity of affiliates in excess of distributions received
-6,045	9,418	5,639	922	2,553	76	0	0
Change in operating assets/liabilities:
Interest receivable
-	-	-	-	-467	-134	-2,901	11,198
Other assets
1,886	-75	3,752	-3,479	-1,373	348	792	83
Other liabilities
87	11,032	5,099	-3,415	-	-	-	-
Due from affiliates
-	-	-	-	-	-	-	-104
Due from broker
-	-	-	-	-1,935	3,176	526	543
Interest payable
-	-	-	-	-1,602	-2,838	448	7,025
Due to affiliates
-	-	-	-	-443	205	735	3,139
Accrued expenses
-	-	-	-	-210	890	588	244
Due to broker
-	-	-	-	-	-	-	-379
Taxes payable
-	-	-	-	-28	253	-240	1,625
Net cash provided by (used in) discontinued operating activities
-2,235	2,342	0	-	-	-	-	-
Net cash provided by (used in) operating activities
67,473	75,690	58,854	52,779	87,055	93,835	130,806	114,814
Cash Flows from Investing Activities
Purchase of real estate securities
2,090,705	2,138,411	2,225,724	563,568	714,412	980,792	3,118,517	4,370,299
Purchase of residential mortgage loans
263,997	205,043	0	0	-	84,678	0	0
Purchase of commercial loans
31,173	55,453	10,271	14,636	0	0	-	-
Origination of commercial loans
71,446	0	0	10,428	0	72,084	30,017	2,500
Purchase of U.S. treasury securities
81,917	249,659	0	358,418	863,414	0	0	-
Investments in debt and equity of affiliates
93,606	62,479	28,168	33,127	19,250	4,031	14,357	0
Purchase of single-family rental properties
-	-	-	0	-	-	-	-
Purchase of excess mortgage servicing rights
0	25,162	3,399	0	0	730	0	0
Proceeds from sale of real estate securities
1,240,701	2,214,729	566,047	364,354	762,005	872,701	3,648,604	1,050,511
Purchase of securities underlying linked transactions
-	-	-	-	-	48,250	317,436	570,209
Proceeds from sale of residential mortgage loans
12,780	34,408	18,536	35,606	0	0	32,635	0
Proceeds from sales of U.S. treasury securities
82,048	249,227	0	588,220	633,532	0	0	-
Distributions received in excess of income from investments in debt and equity of affiliates
16,143	22,962	6,396	1,697	0	0	-	0
Proceeds from sale of securities underlying linked transactions
-	-	-	-	-	26,056	126,082	41,385
Principal repayments on real estate securities
385,865	484,952	518,047	495,645	517,538	583,423	504,738	324,443
Principal repayments on MSRs
4,015	2,567	0	-	-	-	-	-
Principal repayments on residential mortgage loans
-29,370	-4,704	-6,597	-3,250	-6,029	-2,250	0	0
Principal repayments on commercial loans
43,217	14,522	13,478	40,000	0	0	-	-
Principal repayments on securities underlying linked transactions
-	-	-	-	-	57,371	88,829	61,191
Receipt of premium for interest rate swaptions
-	-	-	-	-	433	495	0
Payment of premium for interest rate swaptions
-	-	-	-	-	745	495	0
Net proceeds from (payment made on) reverse repurchase agreements
-11,499	-13,299	1,980	22,634	1	-27,473	27,483	0
Net proceeds from (payment made on) sales of securities borrowed under reverse repurchase agreements
11,479	12,732	-2,086	-24,356	4,632	29,403	-27,322	0
Net settlement of interest rate swaps and other instruments
63,996	-10,435	-6,224	8,572	11,728	3,438	10,617	332
Net settlement of TBAs
-1,261	233	-1,669	-2,771	-1,909	-5,500	310	-1,774
Net settlement of IO Indexes
-	-	-	-	-	1,855	0	0
Purchase of FHLBC Stock
-	-	-	-	8,015	0	0	-
Proceeds from redemption of FHLBC Stock
-	-	-	8,014	0	0	-	-
Cash flows provided by (used in) other investing activities
1,027	2,053	-4,058	-1,378	-2,904	8,258	0	0
Net cash provided by (used in) discontinued investing activities
135,484	-139,538	0	-	-	-	-	-
Restricted cash provided by (used in) investing activities
-	-	-	-	-11,638	14,360	653	-928
Net cash provided by (used in) investing activities
-882,447	300,580	-1,126,404	553,908	314,101	326,581	908,817	-3,463,105
Cash Flows from Financing Activities
Repurchase of common stock
-	-	-	-9,929	-472	0	0	-
Net proceeds from issuance of common stock
66,063	9,282	8,718	0	-83	-	33,176	353,673
Offering costs
-	-	-	-	-	0	0	-
Net proceeds from issuance of preferred stock
111,243	0	0	-	-	-	-	161,214
Deferred financing costs paid
-	-	-	0	-	-	-	-
Borrowings under financing arrangements
47,397,506	51,539,506	41,215,511	73,758,906	42,763,497	21,322,102	24,482,544	22,617,690
Borrowings under FHLBC advances
-	-	-	147,216	1,241,801	0	0	-
Borrowings under repurchase agreements underlying linked transactions
-	-	-	-	-	1,799,454	3,561,632	2,669,256
Repayments of financing arrangements
46,887,803	51,789,674	40,112,384	73,892,590	43,486,854	21,568,781	25,502,330	19,856,419
Repayments of repurchase agreements underlying linked transactions
-	-	-	-	-	1,908,937	3,621,129	2,426,067
Payment made for repurchase agreement costs
-	-	-	-	-	1,258	0	0
Proceeds from issuance of securitized debt
224,923	0	0	-	-	39,842	0	0
Principal repayments on securitized debt
6,901	0	0	-	-	-	-	-
Repayments of FHLBC advances
-	-	-	544,110	844,907	0	0	-
Proceeds from transfer of loan participation
-	-	-	1,564	0	0	-	-
Repayments of loan participation
0	0	1,800	0	0	-	-	-
Net collateral received from (paid to) derivative counterparty
1,465	201	-787	940	7,097	30,681	-36,237	5,710
Net collateral received from (paid to) repurchase counterparty
293	-292	321	-322	3,287	12,412	-537	1,310
Net collateral received from (paid to) FHLBC
-	-	-	-250	250	0	0	-
Dividends paid on common stock
61,809	55,254	55,730	53,309	68,144	68,103	80,228	46,677
Dividends paid on preferred stock
15,769	13,469	13,469	13,469	13,469	13,469	13,469	3,613
Net cash provided by discontinued financing activities
-103,000	101,987	0	-	-	-	-	-
Net cash provided by (used in) financing activities
825,695	-309,518	1,041,312	-606,089	-419,267	-442,244	-1,103,028	3,462,035
Net change in cash and cash equivalents, and restricted cash
40,970	31,543	-26,238	598	-18,110	-21,826	-63,404	113,743
Effect of exchange rate changes on cash
41	0	0	-	-	-	-	-
Supplemental disclosure of cash flow information:
Cash paid for interest on financing arrangements
94,989	63,180	40,106	32,477	29,153	27,902	24,759	11,887
Cash paid for income tax
1,483	1,394	1,738	1,587	1,572	1,583	5,452	140
Supplemental disclosure of non-cash financing and investing activities:
Payable on unsettled trades
0	0	2,419	-	-	-	-	-
Principal repayments on real estate securities not yet received
0	0	734	1,124	0	0	-	-
Real estate securities recorded upon unlinking of Linked Transactions
-	-	-	-	-	-	-	206,945
Repurchase agreements recorded upon unlinking of Linked Transactions
-	-	-	-	-	-	-	168,905
Proceeds from mortgage loan sales not yet received
-	-	-	3,633	23,267	0	0	-
Common stock dividends declared but not paid
14,734	14,372	13,391	13,158	13,496	17,031	17,020	18,540
Repayments of financing arrangements not yet paid
-	-	-	770	0	0	-	-
Decrease of securitized debt
3,617	5,533	5,241	8,824	10,310	0	0	-
Unsettled repurchases of common stock
-	-	-	-	1,198	0	0	-
Transfer from residential mortgage loans to other assets
2,883	1,825	2,486	1,897	2,492	1,341	0	0
Transfer from investments in debt and equity of affiliates to CMBS
0	65,425	0	-	-	-	-	-
Transfer from financing arrangements to investments in debt and equity of affiliates
0	33,720	0	0	-	-	-	-
Transfer from non-agency to investments in debt and equity of affiliates
0	44,970	0	3,103	0	0	-	-
Transfer from other assets to investments in debt and equity of affiliates
0	242	0	0	113,363	89,817	118,803	-
Transfer from non-agency to investments in debt and equity of affiliates
-	-	-	0	139,778	119,253	141,614	-