| Name | Value |
|---|---|
| Revenues | 90.5M |
| Cost of Revenue | 0.0M |
| Gross Profit | 90.5M |
| Operating Expense | 25.1M |
| Operating I/L | 8.0M |
| Other Income/Expense | 29.7M |
| Interest Income | 129.7M |
| Pretax | 37.7M |
| Income Tax Expense | 0.6M |
| Net Income/Loss | 42.2M |
New York Mortgage Trust, Inc. is a real estate investment trust that specializes in acquiring, investing in, financing, and managing mortgage-related assets in the United States. The company's targeted investments include residential loans, second mortgages, business purpose loans, multi-family property investments, non-agency and agency residential mortgage-backed securities, commercial mortgage-backed securities, and other credit-related assets. By qualifying as a real estate investment trust, the company aims to minimize federal corporate income taxes by distributing at least 90% of its taxable income to its stockholders.