Name | Value |
---|---|
Revenues | 4,401.0K |
Cost of Revenue | 0.0K |
Gross Profit | 4,401.0K |
Operating Expense | 1,753.0K |
Operating I/L | 6,683.0K |
Other Income/Expense | -7,097.0K |
Interest Income | 7,406.0K |
Pretax | -414.0K |
Income Tax Expense | 2,287.0K |
Net Income/Loss | -2,701.0K |
Arlington Asset Investment Corp. (NYSE: AAIC) is a real estate investment trust (REIT) that primarily invests in mortgage-related and other assets. The company generates revenue through investing in residential mortgage-backed securities, mortgage servicing rights, and other financial assets. As a REIT, Arlington Asset Investment Corp. is required to distribute at least 90% of its taxable income to shareholders in the form of dividends, making it an attractive investment for income-seeking investors.