New York Mortgage Trust, Inc. (NYMT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
90 PARK AVENUE. 23RD FLOOR NEW YORK, NY 10016 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 244,718 | 289,602 | 293,183 | 118,763 | 103,724 | 95,191 | |||
| Cash and cash equivalents | 244,718 | 289,602 | 293,183 | 118,763 | 103,724 | 95,191 | |||
| Disposal group, including discontinued operation | 1,151,784 | ||||||||
| Total current assets: | 1,396,502 | 289,602 | 293,183 | 118,763 | 103,724 | 95,191 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 7,831 | 10,100 | ✕ | ✕ | |||||
| Inventory, real estate | 24,800 | ||||||||
| Long-term investments and receivables | 179,746 | 239,631 | 259,095 | 189,965 | 73,466 | 51,143 | |||
| Long-term investments | 179,746 | 239,631 | 259,095 | 189,965 | 73,466 | 51,143 | |||
| Intangible assets, net (including goodwill) | 25,222 | 25,222 | 25,222 | ||||||
| Goodwill | 25,222 | 25,222 | 25,222 | ||||||
| Total noncurrent assets: | 187,577 | 239,631 | 269,195 | 215,187 | 123,488 | 76,365 | |||
| Other undisclosed assets | 4,656,666 | 5,112,465 | 4,093,209 | 23,149,419 | 14,510,426 | 11,884,729 | |||
| TOTAL ASSETS: | 6,240,745 | 5,641,698 | 4,655,587 | 23,483,369 | 14,737,638 | 12,056,285 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 2,352,102 | 1,543,577 | 1,276,918 | ||||||
| Disposal group, including discontinued operation | 883,812 | ||||||||
| Total current liabilities: | 883,812 | 2,352,102 | 1,543,577 | 1,276,918 | |||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 394,707 | 709,356 | |||||||
| Long-term debt, excluding current maturities | 394,707 | 709,356 | |||||||
| Total noncurrent liabilities: | 394,707 | 709,356 | |||||||
| Other undisclosed liabilities | 3,098,115 | 2,500,560 | 2,348,014 | 18,926,238 | 12,013,768 | 9,803,366 | |||
| Total liabilities: | 4,376,634 | 3,209,916 | 2,348,014 | 21,278,340 | 13,557,345 | 11,080,284 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,767,216 | 2,341,031 | 2,301,202 | 2,205,733 | 1,179,389 | 971,865 | |||
| Preferred stock | 538,351 | 538,221 | 504,765 | 504,765 | |||||
| Common stock | 3,648 | 3,794 | 3,777 | 2,914 | 1,556 | 1,119 | |||
| Additional paid in capital | 2,279,955 | 2,356,576 | 2,342,934 | 1,821,785 | 1,013,391 | 751,155 | |||
| Accumulated other comprehensive income (loss) | (1,970) | 1,778 | 994 | 25,132 | (22,135) | 5,553 | |||
| Accumulated deficit | (1,052,768) | (559,338) | (551,268) | (148,863) | (103,178) | (75,717) | |||
| Other undisclosed equity, attributable to parent | 289,755 | 289,755 | |||||||
| Equity, attributable to noncontrolling interest | 33,092 | 24,359 | 6,371 | (704) | 904 | 4,136 | |||
| Total equity: | 1,800,308 | 2,365,390 | 2,307,573 | 2,205,029 | 1,180,293 | 976,001 | |||
| Other undisclosed liabilities and equity | 63,803 | 66,392 | |||||||
| TOTAL LIABILITIES AND EQUITY: | 6,240,745 | 5,641,698 | 4,655,587 | 23,483,369 | 14,737,638 | 12,056,285 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 18,344 | 1,600 | 21,800 | 3,888 | ||||
| Gain (loss) on disposition of assets for financial service operations | 18,344 | 1,600 | (61,529) | 21,800 | (12,300) | ✕ | ||
| Realized investment gains | 3,888 | |||||||
| Cost of revenue | (25) | (166) | (475) | |||||
| Provision for loan, lease, and other losses | (25) | (166) | ✕ | |||||
| Financial services costs | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | (475) | |
| Gross profit: | 18,344 | 1,600 | 21,775 | (166) | 3,413 | |||
| Operating expenses | (348,563) | (104,425) | (54,563) | (49,835) | (41,470) | (41,077) | ||
| Other operating income (expense), net | (120,513) | 171,741 | (359,792) | 94,448 | 66,480 | 75,013 | ||
| Other undisclosed operating income | 110,625 | 122,018 | 188,622 | 106,089 | ||||
| Operating income (loss): | (340,107) | 190,934 | (287,262) | 172,477 | 24,844 | 37,349 | ||
| Interest and debt expense | 2,214 | (1,583) | (223,068) | (2,857) | (377,071) | (308,101) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (337,893) | 189,351 | (510,330) | 169,620 | (352,227) | (270,752) | ||
| Other undisclosed income from continuing operations before income taxes | 455,965 | 362,674 | ||||||
| Income (loss) from continuing operations before income taxes: | (337,893) | 189,351 | (510,330) | 169,620 | 103,738 | 91,922 | ||
| Income tax expense (benefit) | (542) | (2,458) | (981) | 419 | 1,057 | (3,355) | ||
| Other undisclosed income (loss) from continuing operations | (2,214) | 1,583 | 223,068 | 2,857 | ||||
| Income (loss) from continuing operations: | (340,649) | 188,476 | (288,243) | 172,896 | 104,795 | 88,567 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | 188,476 | (288,243) | 172,896 | 104,795 | 88,567 | |
| Net income (loss): | (340,649) | 188,476 | (288,243) | 172,896 | 104,795 | 88,567 | ||
| Net income (loss) attributable to noncontrolling interest | 42,044 | 4,724 | (267) | 840 | (1,909) | 3,413 | ||
| Net income (loss) attributable to parent: | (298,605) | 193,200 | (288,510) | 173,736 | 102,886 | 91,980 | ||
| Preferred stock dividends and other adjustments | (41,972) | (49,024) | (41,186) | (28,901) | (23,700) | (15,660) | ||
| Other undisclosed net income available to common stockholders, basic | ||||||||
| Net income (loss) available to common stockholders, basic: | (340,577) | 144,176 | (329,696) | 144,835 | 79,186 | 76,320 | ||
| Interest on convertible debt | 10,662 | 10,475 | 9,158 | |||||
| Net income (loss) available to common stockholders, diluted: | (340,577) | 144,176 | (329,696) | 155,497 | 89,661 | 85,478 | ||
Comprehensive Income ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (340,649) | 188,476 | (288,243) | 172,896 | 104,795 | 88,567 | ||
| Other comprehensive income (loss) | 784 | (24,138) | 47,267 | (27,688) | 3,914 | |||
| Comprehensive income (loss): | (340,649) | 189,260 | (312,381) | 220,163 | 77,107 | 92,481 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 42,044 | 4,724 | (267) | 840 | (1,909) | 3,413 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (45,720) | (49,024) | (41,186) | (28,901) | (23,700) | (15,660) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (344,325) | 144,960 | (353,834) | 192,102 | 51,498 | 80,234 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.