Company: MITN
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001514281-25-000062
Chunk: 171

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 171
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Securitized debt$— $— $(5,836,691)$(5,836,691)Derivative liabilities (1)— (2,506)— (2,506)Total Liabilities Measured at Fair Value$— $(2,506)$(5,836,691)$(5,839,197) Fair Value at December 31, 2024 Level 1Level 2Level 3TotalAssets:    Securitized residential mortgage loans$— $— $6,197,678 $6,197,678 Residential mortgage loans— 1,829 218,388 220,217 Legacy WMC Commercial loans— — 67,005 67,005 Non-Agency RMBS— 12,046 115,533 127,579 Legacy WMC CMBS— 52,785 — 52,785 Agency RMBS— 20,996 — 20,996 Derivative assets (1)— 11,414 204 11,618 Cash equivalents (2)117,979 — — 117,979 AG Arc (3)— — 30,778 30,778 Total Assets Measured at Fair Value$117,979 $99,070 $6,629,586 $6,846,635 Liabilities:Securitized debt$— $— $(5,491,967)$(5,491,967)Derivative liabilities (1)— (38)(336)(374)Total Liabilities Measured at Fair Value$— $(38)$(5,492,303)$(5,492,341)(1)As of March 31, 2025, the Company applied a reduction in fair value of $6.4 million and $2.2 million to its interest rate swap assets and liabilities, respectively, related to variation margin with a corresponding increase or decrease in restricted cash. As of December 31, 2024, the Company applied a reduction in fair value of $11.4 million and $35.0 thousand to its interest rate swap assets and liabilities, respectively, related to variation margin with a corresponding increase or decrease in restricted cash, net of collateral posted by the Company's derivative counterparties. Derivative assets and liabilities are included in the "Other assets" and "Other liabilities" line items on the consolidated balance