New york mortgage trust, inc. (NYMTN)
Income statement / TTM
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

67,472

60,568

54,212

50,985

47,482

35,340

33,909

31,980

29,968

37,800

36,671

35,063

33,696

33,600

31,805

33,410

36,320

40,698

46,774

50,771

54,391

56,034

54,185

50,545

46,646

42,822

38,168

32,414

26,933

22,109

21,818

22,071

18,751

0

0

0

-

-

Interest and Dividend Income, Operating

694,614

623,778

554,425

494,890

455,799

429,202

410,335

396,593

366,087

342,137

330,280

316,065

319,306

321,713

324,775

329,409

336,768

349,096

361,446

372,594

378,847

372,766

354,568

327,836

291,727

0

0

0

-

-

-

-

-

22,143

19,897

0

0

0

INTEREST EXPENSE:
Investment securities and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,270

1,694

0

-

0

0

-

0

0

Interest Expense, Other

90,821

80,123

67,131

54,785

44,050

38,887

34,098

29,426

25,344

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

255,968

256,256

257,251

260,651

270,091

281,413

292,981

301,010

295,279

281,194

260,446

231,178

0

0

0

-

-

-

-

-

-

-

-

-

-

Convertible preferred debentures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Interest Expense

566,750

518,040

461,055

409,711

377,071

357,307

344,723

332,773

308,101

0

0

0

-

-

-

14,123

-

11,804

9,602

7,562

5,569

5,712

6,080

6,496

6,655

-59,092

-24,942

-7,610

3,645

69,051

34,506

16,537

4,837

5,879

7,171

0

0

0

NET INTEREST INCOME

127,864

105,738

93,370

85,179

78,728

71,895

65,612

63,820

57,986

57,760

59,958

60,914

64,638

65,745

68,519

72,158

76,117

79,005

80,033

79,613

77,837

77,487

73,374

67,390

60,549

53,266

46,180

38,162

31,422

25,661

23,768

23,188

19,454

16,264

12,726

0

0

0

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

2,780

113

709

-150

-1,173

2,383

2,106

1,969

1,739

2,174

1,637

1,295

838

-963

128

282

1,363

2,370

1,335

1,886

1,939

1,591

1,747

1,468

1,262

1,135

1,144

819

766

770

958

1,290

1,693

2,193

2,358

0

0

0

Impairment loss on investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Income from investments in limited partnership and limited liability company

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,912

0

0

0

-

Realized Investment Gains (Losses)

22,989

22,923

20,053

11,206

-9,018

18,668

19,495

29,456

31,656

-5,028

-6,781

-6,134

-3,645

3,778

-1,423

-4,475

-4,617

18,610

38,560

41,176

42,091

18,033

4,297

-5,518

-10,719

-7,727

-6,010

2,037

6,268

3,402

892

4,618

5,740

9,860

8,625

0

0

0

Unrealized gains (losses), net

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,483

1,483

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

2,069

2,229

-

-

13,155

13,305

-

23,899

23,626

21,288

14,865

11,727

32,535

36,123

31,251

36,417

10,027

6,831

14,380

10,020

9,672

9,689

1,600

0

0

0

-

-

-

-

-

-

-

-

-

-

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

-

-

32,052

19,878

8,702

-

1,609

1,512

-

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized Gain (Loss) on Derivatives

-

-

-42,787

-15,174

11,104

-

25,758

12,101

-

10,351

10,722

11,106

7,070

-592

-4,786

597

-2,641

-7,263

-5,652

-11,659

-7,667

-1,598

-2,076

1,272

5,464

1,645

1,267

-619

-3,947

-3,472

-9,623

-10,489

-9,657

0

0

0

-

-

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

-

-

32,634

39,446

37,581

-

35,605

25,033

-

5,876

4,261

3,598

3,032

-2,168

-5,076

-442

12,368

30,747

51,032

65,633

56,931

52,185

40,408

29,370

31,495

24,042

18,466

11,690

6,662

0

0

0

-

-

-

-

-

-

Loss on extinguishment of debt

-2,857

-2,857

-2,857

-2,857

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

215

1,619

2,999

4,252

6,163

7,294

8,343

9,406

7,280

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

25,831

21,995

22,814

20,302

16,568

10,494

12,653

14,707

13,552

14,282

13,001

18,844

19,078

19,870

16,042

10,217

9,430

8,876

8,682

6,585

4,809

4,242

2,919

2,951

2,709

926

573

697

803

0

0

0

-

-

-

-

-

-

Total non-interest income

94,448

62,039

64,946

76,392

66,480

90,481

91,096

79,261

75,013

55,470

47,184

49,083

41,238

33,578

37,164

41,738

45,911

86,500

99,400

104,766

105,208

77,894

53,248

36,071

29,062

18,668

13,808

13,207

9,105

4,975

-4,094

-3,631

-3,693

0

0

0

-

-

GENERAL, ADMINISTRATIVE AND OPERATING EXPENSES:
General and Administrative Expense

38,313

39,895

37,746

33,750

30,219

20,291

18,337

18,126

18,357

17,729

18,341

17,493

15,246

14,338

12,377

10,476

9,928

9,368

8,845

9,023

9,500

9,742

9,190

8,536

7,916

6,378

6,010

5,648

6,417

0

0

0

-

-

-

-

-

-

Base management and incentive fees

1,235

4,115

4,990

5,256

5,366

2,648

3,190

2,272

4,517

5,658

5,725

8,813

9,261

12,459

14,682

15,844

19,188

23,821

27,897

27,622

24,530

18,074

12,535

10,356

8,133

7,227

6,194

0

-

0

0

-

-

-

-

-

-

-

Expenses, other operating

482

8,602

6,745

5,977

4,328

8,306

8,414

8,821

9,457

9,064

9,237

9,759

10,714

10,869

11,732

11,674

10,364

10,336

8,566

7,101

6,429

5,188

4,748

4,648

3,868

0

0

0

-

-

-

-

-

-

-

-

-

-

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

-

1,576

2,331

3,204

-

5,133

7,521

11,063

-

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total general, administrative and operating expenses

49,835

51,417

49,041

45,416

41,470

35,667

36,751

39,571

41,077

40,009

37,718

36,065

35,221

37,666

38,791

37,994

39,480

43,525

45,308

43,746

40,459

33,004

26,473

23,540

19,917

16,491

14,631

12,645

11,427

12,652

10,147

10,943

10,518

8,686

10,076

0

0

0

Total other (expense) income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

INCOME FROM OPERATIONS BEFORE INCOME TAXES

172,477

116,360

109,275

116,155

103,738

126,709

119,957

103,510

91,922

73,221

69,424

73,932

70,655

61,657

66,892

75,902

82,548

121,980

134,125

140,633

142,586

122,377

100,149

79,921

69,694

55,443

45,357

38,724

29,100

17,984

9,527

8,614

5,243

8,395

9,615

0

0

0

Income tax expense (benefit)

-419

-758

-1,025

-904

-1,057

623

1,584

2,039

3,355

2,561

2,217

4,141

3,095

2,784

5,669

4,481

4,535

6,198

4,250

3,610

6,395

4,876

3,987

3,638

739

398

785

1,063

932

1,121

886

0

-

0

0

-

-

-

NET INCOME

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

Income from discontinued operation - net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

63

283

570

0

0

0

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

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

55,059

44,586

37,675

28,182

16,945

9,049

8,249

4,873

8,297

9,822

0

0

0

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

-840

-736

-148

-348

1,909

2,184

599

-945

-3,413

-3,600

-2,476

9

9

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-97

-65

-45

0

-

0

0

-

-

-

Net Income (Loss) Attributable to Parent

173,736

117,854

110,448

117,407

102,886

123,902

117,774

102,416

91,980

74,260

69,683

69,782

67,551

80,286

81,649

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred Stock Dividends, Income Statement Impact

28,901

24,651

24,032

23,700

23,700

23,760

21,060

18,360

15,660

12,900

12,900

12,900

12,900

12,900

12,900

12,762

10,990

9,218

7,446

5,812

5,812

5,812

5,021

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

NET INCOME ATTRIBUTABLE TO COMPANY'S COMMON STOCKHOLDERS

144,835

93,203

86,416

93,707

79,186

100,142

96,714

84,056

76,320

61,360

56,783

56,882

54,651

45,961

48,325

58,659

67,023

106,564

122,429

131,211

130,379

111,689

90,350

71,262

65,387

52,944

43,924

37,823

28,279

16,997

9,069

8,101

4,776

8,245

9,802

0

0

0

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

71,017

55,419

45,413

36,919

28,569

27,842

24,996

26,557

25,054

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred equity and mezzanine loan investments
Interest income

20,899

21,515

21,884

21,598

21,036

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

535,226

486,276

432,916

385,388

358,712

341,061

330,789

320,912

297,124

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Residential mortgage loans
Interest income

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Residential Collateralized Debt Obligations [Member]
Interest expense

4,379

1,593

1,717

1,790

1,779

1,833

1,774

1,538

1,463

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Multi Family Collateralized Debt Obligations [Member]
Interest expense

457,130

420,833

375,649

335,421

313,102

298,139

290,024

282,211

261,665

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible Debt [Member]
Interest expense

10,813

10,771

10,727

10,685

10,643

10,602

10,563

10,526

9,852

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securitized debt
Interest expense

742

1,813

2,923

4,166

4,754

5,227

5,768

6,696

7,481

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subordinated debentures
Subordinated debentures

2,865

2,907

2,908

2,864

2,743

2,619

2,496

2,376

2,296

0

0

0

-

-

-

-

-

1,871

1,862

1,860

1,859

1,860

1,868

1,870

1,878

1,893

1,903

1,935

1,967

1,966

1,954

1,924

1,891

1,970

2,172

0

0

0