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NYMTO| Name | Value |
|---|---|
| Revenues | 52.4M |
| Cost of Revenue | 0.0M |
| Gross Profit | 52.4M |
| Operating Expense | 52.4M |
| Operating I/L | 0.0M |
| Other Income/Expense | 4.3M |
| Interest Income | 140.9M |
| Pretax | 4.3M |
| Income Tax Expense | -0.2M |
| Net Income/Loss | 8.5M |
New York Mortgage Trust, Inc. is a real estate investment trust that acquires, invests in, finances, and manages mortgage-related and residential housing-related assets in the United States. Its investment portfolio includes multi-family property investments, residential mortgage loans, non-agency and agency residential mortgage-backed securities, and other mortgage-related and credit-related assets. The company generates revenue through interest income from its mortgage loans, as well as through the performance and sale of its mortgage-backed securities. By qualifying as a real estate investment trust, it aims to minimize federal corporate income taxes by distributing at least 90% of its taxable income to its stockholders.
