New york mortgage trust, inc. (NYMT)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
INTEREST INCOME:
Interest and Dividend Income, Securities, Operating

19,298

17,503

15,355

15,316

12,394

11,147

12,128

11,813

252

9,716

10,199

9,801

8,084

8,587

8,591

8,434

7,988

6,792

10,196

11,344

12,366

12,868

14,193

14,964

14,009

11,019

10,553

11,065

10,185

6,365

4,799

5,584

5,361

6,074

5,052

2,264

-

-

Interest and Dividend Income, Operating

199,772

179,602

167,258

147,982

128,936

110,249

107,723

108,891

102,339

91,382

93,981

78,385

78,389

79,525

79,766

81,626

80,796

82,587

84,400

88,985

93,124

94,937

95,548

95,238

87,043

76,739

68,816

59,129

-

-

-

-

-

7,431

6,482

3,694

4,536

5,185

INTEREST EXPENSE:
Investment securities and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

931

500

452

-

387

355

-

1,211

1,284

Interest Expense, Other

24,072

23,540

22,823

20,386

13,374

10,548

10,477

9,651

8,211

5,759

5,805

5,569

-

4,598

3,962

-

-

-

-

-

-

-

-

-

-

-

-

-

-

639

277

-

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

64,007

63,102

63,984

64,875

64,295

64,097

67,384

74,315

75,617

75,665

75,413

68,584

61,532

54,917

46,145

-

-

-

-

-

-

-

-

-

-

Convertible preferred debentures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

537

538

Interest Expense

155,773

147,631

141,567

121,779

107,063

90,646

90,223

89,139

87,299

78,062

78,273

64,467

-

-

-

3,849

-

3,432

3,442

3,463

1,467

1,230

1,402

1,470

1,610

1,598

1,818

1,629

-64,137

35,748

19,150

12,884

1,269

1,203

1,181

1,184

2,311

2,495

NET INTEREST INCOME

43,999

31,971

25,691

26,203

21,873

19,603

17,500

19,752

15,040

13,320

15,708

13,918

14,814

15,518

16,664

17,642

15,921

18,292

20,303

21,601

18,809

19,320

19,883

19,825

18,459

15,207

13,899

12,984

11,176

8,121

5,881

6,244

5,415

6,228

5,301

2,510

2,225

2,690

NON-INTEREST INCOME:
Recovery of (provision for) loan losses

175

244

1,296

1,065

-2,492

840

437

42

1,064

563

300

-188

1,499

26

-42

-645

-302

1,117

112

436

705

82

663

489

357

238

384

283

230

247

59

230

234

435

391

633

734

600

Impairment loss on investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

225

-

-

-

-

-

-

-

-

-

-

-

-

Income from investments in limited partnership and limited liability company

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

479

499

784

150

-

Realized Investment Gains (Losses)

86

6,102

0

16,801

20

3,232

-8,847

-3,423

27,706

4,059

1,114

-1,223

-8,978

2,306

1,761

1,266

-1,555

-2,895

-1,291

1,124

21,672

17,055

1,325

2,039

-2,386

3,319

-8,490

-3,162

606

5,036

-443

1,069

-2,260

2,526

3,283

2,191

1,860

1,291

Unrealized gains (losses), net

21,940

11,112

-

-

-

14,094

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on de-consolidation of multi-family loans held in securitization trust and multi-family collateralized debt obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,483

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized gain on distressed and other residential mortgage loans at carrying value, net

-

-

2,054

2,079

-

-

2,214

-773

-

6,689

2,364

11,971

2,875

6,416

26

5,548

-263

27,224

3,614

676

4,903

834

418

8,225

543

486

435

136

-

-

-

-

-

-

-

-

-

-

Net gain (loss) on distressed and other residential mortgage loans at fair value

-

-

12,271

11,010

8,128

-

97

-166

-

717

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized Gain (Loss) on Derivatives

-

-

-15,007

-14,586

-15,469

-

12,606

11,692

-

1,192

-1,051

1,546

8,664

1,563

-667

-2,490

1,002

-2,631

4,716

-5,728

-3,620

-1,020

-1,291

-1,736

2,449

-1,498

2,057

2,456

-1,370

-1,876

171

-872

-895

-8,027

-695

-40

-

-

Unrealized gain on multi-family loans and debt held in securitization trusts, net

-

-

5,207

9,410

5,714

-

12,019

7,545

-

2,353

1,447

1,384

692

738

784

818

-4,508

-2,170

5,418

13,628

13,871

18,115

20,019

4,926

9,125

6,338

8,981

7,051

1,672

762

2,205

2,023

-

-

-

-

-

-

Loss on extinguishment of debt

0

0

0

-2,857

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,397

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from operating real estate and real estate held for sale in consolidated variable interest entities

0

0

0

215

1,404

1,380

1,253

2,126

2,535

2,429

2,316

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

11,425

3,938

2,740

7,728

7,589

4,757

228

3,994

1,515

6,916

2,282

2,839

2,245

5,635

8,125

3,073

3,037

1,807

2,300

2,286

2,483

1,613

203

510

1,916

290

235

268

133

-63

359

374

-

-

-

-

-

-

Total non-interest income

33,626

21,396

8,561

30,865

1,217

24,303

20,007

20,953

25,218

24,918

8,172

16,705

5,675

16,632

10,071

8,860

-1,985

20,218

14,645

13,033

38,604

33,118

20,011

13,475

11,290

8,472

2,834

6,466

896

3,612

2,233

2,364

-3,234

-5,457

2,696

2,302

-

-

GENERAL, ADMINISTRATIVE AND OPERATING EXPENSES:
General and Administrative Expense

12,509

8,345

9,272

8,187

14,091

6,196

5,276

4,656

4,163

4,242

5,065

4,887

3,535

4,854

4,217

2,640

2,627

2,893

2,316

2,092

2,067

2,370

2,494

2,569

2,309

1,818

1,840

1,949

771

1,450

1,478

2,718

-

-

-

-

-

-

Base management and incentive fees

0

-31

543

723

2,880

844

809

833

162

1,386

-109

3,078

1,303

1,453

2,979

3,526

4,501

3,676

4,141

6,870

9,134

7,752

3,866

3,778

2,678

2,213

1,687

1,555

-

1,772

1,180

-

-

-

-

-

-

-

Expenses, other operating

-9,323

3,974

2,579

3,252

-1,203

2,117

1,811

1,603

2,775

2,225

2,218

2,239

2,382

2,398

2,740

3,194

2,537

3,261

2,682

1,884

2,509

1,491

1,217

1,212

1,268

1,051

1,117

432

-

-

-

-

-

-

-

-

-

-

Expenses related to real estate held for sale in consolidated variable interest entities

-

0

0

482

-

755

873

1,606

-

3,143

4,415

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total general, administrative and operating expenses

12,509

12,288

12,394

12,644

14,091

9,912

8,769

8,698

8,288

10,996

11,589

10,204

7,220

8,705

9,936

9,360

9,665

9,830

9,139

10,846

13,710

11,613

7,577

7,559

6,255

5,082

4,644

3,936

2,829

3,222

2,658

2,718

4,054

717

3,454

2,293

2,222

2,107

Total other (expense) income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,276

691

INCOME FROM OPERATIONS BEFORE INCOME TAXES

65,116

41,079

21,858

44,424

8,999

33,994

28,738

32,007

31,970

27,242

12,291

20,419

13,269

23,445

16,799

17,142

4,271

28,680

25,809

23,788

43,703

40,825

32,317

25,741

23,494

18,597

12,089

15,514

9,243

8,511

5,456

5,890

-1,873

54

4,543

2,519

1,279

1,274

Income tax expense (benefit)

-172

-187

-134

74

-511

-454

-13

-79

1,169

507

442

1,237

375

163

2,366

191

64

3,048

1,178

245

1,727

1,100

538

3,030

208

211

189

131

-133

598

467

0

-

56

363

-

-

-

NET INCOME

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

4,180

-

1,279

1,274

Income from discontinued operation - net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

78

-19

9

-5

298

268

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-

41,266

21,992

44,350

-

34,448

28,751

32,086

-

26,735

11,849

19,182

-

23,282

14,433

16,951

-

25,632

24,631

23,543

-

39,725

31,779

22,711

-

18,386

11,900

15,383

9,390

7,913

4,989

5,890

-1,847

17

4,189

2,514

1,577

1,542

Net loss (income) attributable to non-controlling interest in consolidated variable interest entities

-195

-113

-743

211

-91

475

-943

2,468

184

-1,110

-2,487

0

-3

14

-2

0

-

0

0

-

-

-

-

-

-

-

-

-

0

0

-148

51

-

32

20

-

-

-

Net Income (Loss) Attributable to Parent

65,483

41,379

22,735

44,139

9,601

33,973

29,694

29,618

30,617

27,845

14,336

19,182

12,897

23,268

14,435

16,951

-

25,632

24,631

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred Stock Dividends, Income Statement Impact

10,175

6,544

6,257

5,925

5,925

5,925

5,925

5,925

5,985

3,225

3,225

3,225

3,225

3,225

3,225

3,225

3,225

3,225

3,087

1,453

1,453

1,453

1,453

1,453

-

1,453

662

-

-

-

-

-

-

-

-

-

-

-

NET INCOME ATTRIBUTABLE TO COMPANY'S COMMON STOCKHOLDERS

55,308

34,835

16,478

38,214

3,676

28,048

23,769

23,693

24,632

24,620

11,111

15,957

9,672

20,043

11,210

13,726

982

22,407

21,544

22,090

40,523

38,272

30,326

21,258

21,833

16,933

11,238

15,383

9,390

7,913

5,137

5,839

-1,892

-15

4,169

2,514

1,577

1,542

Earnings Per Share, Basic

0.20

0.15

0.08

0.22

0.02

0.21

0.21

0.21

0.22

0.22

0.10

0.14

0.09

0.18

0.10

0.13

0.01

0.20

0.20

0.21

0.43

0.42

0.34

0.29

0.34

0.27

0.19

0.31

0.02

0.30

0.34

0.42

-0.21

-0.04

0.44

0.27

0.17

0.16

Earnings Per Share, Diluted

0.20

0.15

0.08

0.21

0.02

0.20

0.20

0.20

0.21

0.21

0.10

0.14

0.09

0.18

0.10

0.13

0.01

0.20

0.20

0.21

0.43

0.42

0.34

0.29

0.34

0.27

0.19

0.31

0.02

0.30

0.34

0.42

-0.21

-0.04

0.44

0.27

0.17

0.16

Dividends declared per common share (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.27

0.27

0.27

-

0.27

0.27

0.25

-

0.25

0.22

0.18

-

0.18

Weighted Average Number of Shares Outstanding, Basic

275,121

234,043

200,691

174,421

148,871

132,413

115,211

112,018

111,874

111,886

111,863

111,721

109,916

109,569

109,489

109,402

109,454

109,402

109,252

105,488

96,592

90,685

89,686

74,505

64,083

63,755

58,959

49,611

-

-

-

-

11,954

11,146

9,447

9,433

9,425

9,419

Weighted Average Number of Shares Outstanding, Diluted

296,347

255,537

202,398

194,970

149,590

152,727

135,164

131,761

151,327

131,580

111,863

126,602

109,916

109,569

109,489

109,402

109,454

109,402

109,252

105,488

96,592

90,685

89,686

74,505

64,083

63,755

58,959

49,611

-

-

-

-

11,954

11,146

9,447

9,433

9,425

11,919

Weighted average shares outstanding-basic and diluted (in Shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,541

15,262

13,998

-

-

-

-

-

-

Distressed And Other Residential Mortgage Loans [Member]
Interest income

24,752

16,776

13,598

15,891

9,154

6,770

5,104

7,541

8,427

3,924

6,665

6,038

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred equity and mezzanine loan investments
Interest income

5,239

5,505

5,148

5,007

5,855

5,874

4,862

4,445

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Multi Family Loans Held In Securitization Trusts [Member]
Interest income

150,483

139,818

133,157

111,768

101,533

86,458

85,629

85,092

83,882

76,186

75,752

61,304

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Residential mortgage loans
Interest income

-

-

-

-

-

-

-

-

-

1,556

1,365

1,242

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Residential Collateralized Debt Obligations [Member]
Interest expense

3,217

338

402

422

431

462

475

411

485

403

239

336

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Multi Family Collateralized Debt Obligations [Member]
Interest expense

125,090

120,329

114,914

96,797

88,793

75,145

74,686

74,478

73,830

67,030

66,873

53,932

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible Debt [Member]
Interest expense

2,715

2,713

2,694

2,691

2,673

2,669

2,652

2,649

2,632

2,630

2,615

1,975

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securitized debt
Interest expense

0

0

0

742

1,071

1,110

1,243

1,330

1,544

1,651

2,171

2,115

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subordinated debentures
Subordinated debentures

679

711

734

741

721

712

690

620

597

589

570

540

-

-

-

-

-

474

468

460

469

465

466

459

470

473

468

467

485

483

500

499

484

471

470

466

563

673