New york mortgage trust, inc. (NYMTP)
CashFlow / 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'11
Cash Flows from Operating Activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

65,287

41,267

21,992

44,350

9,509

34,449

28,751

32,086

30,800

26,737

11,848

19,182

12,894

23,282

14,433

16,951

4,207

25,632

24,631

23,543

41,976

39,725

31,779

22,711

23,287

18,385

11,900

15,383

9,390

7,913

4,989

5,890

-1,847

17

4,189

2,514

Adjustments to reconcile net income to net cash provided by operating activities:
Net (accretion) amortization

19,681

14,382

11,103

10,463

10,229

7,521

5,859

5,729

2,051

-925

-200

-1,123

-1,935

-1,968

-2,733

-1,012

898

-2,738

72

1,226

-212

1,266

301

1,316

-

-

-

-

-

-

-

-

-

-

-

1,107

Net amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,481

4,858

3,738

3,899

2,061

2,217

2,309

3,119

2,155

376

34

Realized Investment Gains (Losses)

86

15,755

0

16,801

-547

5,042

-8,847

-3,423

27,705

4,060

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

-2,385

3,318

-8,490

-3,162

631

5,011

-443

1,069

-2,260

2,526

3,283

2,191

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,483

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized (gains) losses, net

-

-719

5,207

9,410

-

37,954

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

-

-

-

-

Net gain on distressed and other residential mortgage

-

-

14,325

13,089

-

-

2,311

-939

-

7,406

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

-

-

-

-

-

-

-

-

Unrealized Gain (Loss) on Derivatives

-

-

-15,007

-14,586

-

-

12,606

11,692

-

1,192

-1,051

1,546

8,664

1,565

-669

-2,490

1,002

-2,631

4,716

-5,728

-3,620

-1,020

-1,291

-1,736

2,450

-1,499

2,057

2,456

-1,370

-1,876

171

-872

-895

-8,027

-695

-40

Gain on sale of real estate held for sale in consolidated variable interest entities

0

0

0

1,580

0

0

0

2,328

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of real estate under development in consolidated variable interest entities

212

0

724

936

673

0

2,091

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

0

0

0

-2,857

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for Loan and Lease Loss, Recovery of Bad Debts

175

243

1,297

1,065

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in loans held for sale

-

-

-

-

-

-

-

-

-

7

7

10

0

0

281

151

309

4

6

4

49

14

10

14

3

4

3

331

-23

7

940

11

7

10

7

7

Provision for Loan and Lease Losses

-

-

-

-

-

-

-

42

-

-

300

-188

-

27

-43

-645

-301

1,116

112

436

705

82

663

489

357

238

384

283

230

247

59

230

234

435

391

633

Income from unconsolidated entity, preferred equity and mezzanine loan investments

16,170

9,378

9,184

13,108

13,902

10,494

7,436

6,090

5,657

10,395

5,316

5,796

5,268

8,140

4,428

4,366

4,394

2,747

2,936

2,920

2,370

1,465

199

528

-

-

-

-

-42

-64

358

370

405

479

499

784

Distributions of income from unconsolidated entity, preferred equity and mezzanine loan investments

5,987

6,155

5,696

7,010

13,401

7,617

4,414

3,926

3,522

10,794

3,384

3,170

3,716

2,483

3,483

6,119

3,628

2,275

1,622

2,302

1,219

160

570

289

-

-

-

-

0

-33

27

154

169

527

180

203

Amortization of stock based compensation, net

1,288

1,287

1,799

993

676

695

824

387

364

574

654

40

0

0

261

253

262

263

284

174

251

262

459

208

189

190

358

160

208

170

390

58

-

-

-

-

Stock issuance, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

68

Changes in operating assets and liabilities:
Receivables and other assets

20,132

-370

6,264

15,499

12,968

113

-485

-125

10,602

913

5,265

1,645

1,532

-9,348

5,399

-4,339

-2,614

-1,412

-7,055

136

2,806

-4,760

5,773

-188

9,934

1,586

3,620

2,957

1,460

8,709

6,311

4,180

-651

2,825

133

616

Accrued expenses and other liabilities

14,132

11,552

934

18,476

10,160

1,729

-968

-435

7,961

3,223

1,749

4,903

925

2,652

1,186

-151

-3,061

2,909

-9,321

-5,346

6,489

1,470

-822

1,981

3,973

3,680

5,375

1,429

2,009

4,885

6,856

4,346

600

-1,285

1,560

-108

Net cash provided by operating activities

8,723

19,413

-1,228

8,193

5,096

8,196

3,776

7,109

3,147

15,377

3,687

7,121

9,240

20,588

5,495

18,521

7,690

14,074

8,924

5,648

8,899

12,155

5,915

10,582

8,211

16,931

16,275

11,886

13,277

2,708

6,876

6,228

5,941

4,081

4,699

-1,307

Cash Flows from Investing Activities:
Cash received from initial consolidation of variable interest entities

-

-

-

-

-

-

-

-

0

0

0

112

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from sale of real estate held for sale in consolidated variable interest entities

0

0

0

3,587

0

0

0

33,192

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,590

-1,633

-1,534

-9,604

-12,911

-2,069

34,734

2,718

9,999

-12,152

-3,032

6,495

137

14,719

-568

6,977

14,521

-7,917

10,745

Proceeds from sales of investment securities

0

41,182

0

56,769

0

0

16,819

10,080

6,125

54,197

10,744

35,996

9,949

20,406

118,999

58,875

31,460

67,775

0

0

-

-

-

-

0

0

0

1,254

0

49,377

0

1,201

-250

141,769

-22,602

48,888

Purchases of investment securities

190,293

242,307

184,869

136,265

253,422

79,920

0

60,321

810,674

18,900

52,098

58,925

83,525

65,027

184,272

90,351

65,039

82,579

5,265

0

0

0

7,787

12,486

11,707

-22

13,745

46,753

437,768

578,782

9,394

7,980

23,396

180,230

57,186

30,399

Purchases of reverse repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-22,252

40,252

Purchases of other assets

52

16

323

600

52

96

33

2

18

0

0

23

18

4

79

2

32

23

2

4

154

23

0

77

-

-

-

34

-

-

-

-

-

-

-

-

Capital expenditures on operating real estate and real estate held for sale in consolidated variable interest entities

0

0

0

128

146

56

209

46

105

86

105

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Funding of preferred equity, equity and mezzanine loan investments

16,500

17,379

94,983

35,021

46,784

20,136

27,322

18,210

16,713

33,979

9,822

1,300

6,036

32,430

8,430

0

14,415

18,699

12,400

12,701

37,249

24

5,613

6,930

0

14,791

39

1,958

-

-

-

-

-

-

-

-

Principal repayments received on preferred equity and mezzanine loan investments

4,364

17,469

8,100

12,316

47,175

421

5,251

3,871

84

12,447

6,021

479

4,000

464

0

0

-

-

-

-

-

-

-

-

-2,967

2,831

0

136

-

1,323

3,923

3,796

2,957

3,435

1,920

2,597

Return of capital from unconsolidated entity investments

239

12,739

328

311

3,102

10,625

608

638

2,545

20,312

2,153

930

4,938

6,002

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from mortgage loans held for investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

9

9

26

0

2,522

796

2

13

-13

5,002

(Net payments made on) received from derivative instruments settled during the period

-16,261

19,221

14,180

19,197

16,972

-4,057

-13,662

0

8,633

-1,100

-2,220

-630

9,088

-5,159

-1,578

-1,418

-54

3,642

3,343

-1,165

3,236

-672

-1,517

-2,171

1,654

920

11,991

-3,554

-124

-3,230

-263

-3,574

-

-

-

-

Principal paydowns on investment securities - available for sale

91,441

51,538

46,776

37,642

41,368

72,562

85,143

35,365

58,835

37,307

100,043

32,783

52,244

25,990

34,175

24,427

26,719

41,307

26,130

11,618

23,737

29,652

24,153

21,335

21,017

34,603

36,963

33,330

24,180

10,941

7,577

4,986

5,320

5,328

2,471

6,340

Proceeds from sale of real estate owned

2,838

769

616

650

1,937

1,047

1,193

943

1,370

1,611

2,430

1,615

606

525

459

541

294

203

203

344

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of investments held in multi-family securitization trusts

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal repayments received on mortgage loans held in securitization trusts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,586

-4,453

Purchases of residential mortgage loans and distressed residential mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

5,535

16,911

29,684

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,682

-

-

-

-

Proceeds from sales of loans held in multi-family securitization trusts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

21,326

0

44,261

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-167,225

-51,936

-296,521

-253,383

-783,708

8,904

96,017

36,313

-739,170

149,923

107,240

42,064

13,848

37,474

-36,298

53,831

-29,231

161,608

8,711

109,429

-271,936

94,440

24,638

27,842

-6,705

-29,439

-129,210

13,067

-498,277

-501,835

-59,757

-6,513

-13,871

-19,807

-47,497

-14,116

Cash Flows from Financing Activities:
Net proceeds from repurchase agreements

545,130

-44,921

330,845

141,153

823,359

-64,476

-64,335

10,215

657,323

-63,240

-43,496

-90,854

111,808

60,905

-13,675

16,955

20,376

-50,873

-35,569

-32,945

263,033

-40,547

-99,399

-23,298

-3,056

-100,972

16,329

-10,310

308,958

441,305

20,486

5,711

1,174

15,130

49,807

10,931

Proceeds from issuance of convertible notes

-

-

-

-

-

-

-

-

0

0

0

126,995

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock issuance, net

172,150

310,593

136,628

185,027

85,096

101,164

73,831

0

356

0

0

574

13,111

287

296

-198

-33

0

10,993

20,839

110,812

24

109,880

75,830

2,035

0

95,834

2,338

-

-

-

-

-

-

-

-

Costs associated with common stock and preferred stock issued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41

488

2

-

-

-

-

-

-

-

-

Payments made on mortgages and notes payable in consolidated variable interest entities

935

3,051

0

36

1,286

108

108

25,565

1,219

150

116

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from mortgages and notes payable in consolidated variable interest entities

0

0

0

0

24

72

553

505

989

1,630

2,795

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Extinguishment of and payments made on securitized debt

0

0

0

45,557

11,712

7,819

9,598

11,753

17,335

12,023

38,413

11,662

72,664

12,018

7,619

33,717

23,622

50,942

8,817

32,755

4,722

60,070

4,066

6,938

5,101

2,154

74

79

-

-

-

-

-

-

5,608

4,750

Net cash provided by financing activities

213,276

-36,589

367,489

202,255

821,989

-41,744

-66,429

-92,569

706,226

-143,669

-140,124

-45,157

-27,473

-19,826

69,285

-87,897

-73,749

-158,342

-164

-101,685

310,122

-149,215

-35,928

6,286

9,783

-20,250

150,314

-40,842

475,738

531,545

52,627

-7,426

12,837

20,520

41,247

4,484

Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash

54,774

-69,112

69,740

-42,935

43,377

-24,644

33,364

-49,147

-29,797

21,631

-29,197

4,028

-4,385

38,236

38,482

-15,545

-95,290

17,340

17,471

13,392

47,085

-42,620

-5,375

44,710

11,289

-32,758

37,379

-15,889

-9,262

32,418

-254

-7,711

4,907

4,794

-1,551

-10,939

Supplemental Disclosure:
Cash paid for interest

166,478

161,425

164,190

130,627

114,652

111,295

100,858

103,316

98,499

92,770

81,789

71,332

74,437

75,986

75,521

75,048

-

-

-

82,606

86,390

88,949

89,201

87,692

75,801

74,582

61,449

56,720

46,179

42,002

26,311

1,164

1,203

1,165

1,188

1,113

Cash paid for income taxes

0

0

14

7

0

369

700

642

1,799

472

1,426

255

1,889

617

748

807

-

-

-

1,180

2,554

1,222

3,493

1,026

350

54

194

196

-

-

-

-

-

-

-

-

Non-Cash Investment Activities:
Sales of investment securities not yet settled

-

-

-

-

-

-

-

-

-

-4,715

4,675

1,301

-

0

-1,858

1,858

-

-

-

19,373

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of investment securities not yet settled

-

-

-

-

-

-

-

-

-

9,161

30,663

141,894

-142,818

4,381

-24,798

311,250

-

-

-

350,145

68,120

10,837

-260

204,840

-

-

-

-

-

-

-

-

-

-

-

-

Transfer from residential loans to real estate owned

1,576

2,161

527

1,841

2,193

2,247

1,566

1,992

1,007

2,079

1,785

2,357

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-Cash Financing Activities:
Mortgages and notes payable assumed by purchaser of real estate held for sale in consolidated variable interest entities

0

0

0

27,260

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash, Cash Equivalents and Restricted Cash Reconciliation:
Distressed residential mortgage loans held in securitization trusts (net)
Principal repayments received on loans

65,221

45,486

93,932

50,296

48,818

48,617

45,568

12,335

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Multi Family Collateralized Debt Obligations [Member]
Principal repayments received on loans

624,101

262,448

68,878

37,485

35,867

34,073

33,446

34,434

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consolidation of multi-family collateralized debt obligations

2,620,214

1,308,886

0

2,324,639

1,414,853

767,477

0

0

-

-

-

-

0

0

0

0

-

-

-

1,031,268

-

-

-

-

-

-

-

-

1,467,424

0

2,609,851

1,117,891

-

-

-

-

Distressed residential mortgage loans
Purchases of residential mortgage loans and distressed residential mortgage loans

-

79,713

220,796

159,658

-

24,604

78,109

15,966

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Multi-family loans held in securitization trusts
Purchases of residential mortgage loans and distressed residential mortgage loans

184,154

60,511

0

101,570

74,528

37,686

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consolidation of multi-family loans held in securitization trusts

2,804,368

1,369,396

0

2,426,210

1,489,381

805,163

0

0

-

-

-

-

0

0

0

0

-

-

-

1,075,529

-

-

-

-

-

-

-

-

1,497,377

0

2,668,983

1,139,573

-

-

-

-

Common Stock [Member]
Dividends paid on stock

-

-

37,566

31,118

-

-

22,423

22,382

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,544

4,878

-

0

3,778

1,697

Preferred Stock
Dividends paid on stock

-

-

5,925

5,925

-

-

5,925

5,985

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Residential collateralized debt obligations
Payments of secured debt

-

-

3,984

3,808

-

-

4,975

3,167

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Collateralized debt obligation
Payments of secured debt

-

-

68,610

37,481

-

-

33,449

34,437

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-