Name | Value |
---|---|
Revenues | 17.9M |
Cost of Revenue | 3.1M |
Gross Profit | 14.8M |
Operating Expense | 36.0M |
Operating I/L | -21.2M |
Other Income/Expense | -13.2M |
Interest Income | 12.8M |
Pretax | -34.4M |
Income Tax Expense | -0.7M |
Net Income/Loss | -33.0M |
Cherry Hill Mortgage Investment Corporation is a residential real estate finance company that acquires, invests in, and manages residential mortgage assets in the United States. The company operates through Investments in RMBS, Investments in Servicing Related Assets, and All Other segments, managing a portfolio of servicing related assets and RMBS. As a real estate investment trust, it qualifies for federal income tax purposes and generally avoids federal corporate income taxes by distributing at least 90% of its taxable income to stockholders.