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AAIC-PC| Name | Value |
|---|---|
| Revenues | 9.8M |
| Cost of Revenue | 0.0M |
| Gross Profit | 9.8M |
| Operating Expense | 1.5M |
| Operating I/L | 7.3M |
| Other Income/Expense | -2.8M |
| Interest Income | 12.6M |
| Pretax | 4.5M |
| Income Tax Expense | 1.1M |
| Net Income/Loss | 3.4M |
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 its investments in residential mortgage-backed securities, mortgage servicing rights, and other financial assets. By electing to be taxed as a REIT, Arlington Asset Investment Corp. is able to avoid corporate income tax on its qualifying income, allowing it to distribute a significant portion of its earnings to shareholders in the form of dividends.
