Company: ADAMM
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001273685-25-000047
Chunk: 6

Company: ADAMAS TRUST, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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 received from derivative instruments23,517 15,306 Net proceeds from sale of real estate8,647 4,772 Proceeds from sales of joint venture equity investments in Consolidated VIEs— 50 Decrease in cash from de-consolidation of Consolidated VIEs— (1,150)Capital expenditures on real estate(2,234)(5,988)Purchases of other assets(6)(10)Net cash used in investing activities(794,225)(253,984)Cash Flows from Financing Activities:  Net proceeds received from repurchase agreements472,930 39,711 Proceeds from issuance of senior unsecured notes82,500 — Proceeds from issuance of collateralized debt obligations328,561 500,543 Dividends paid on common stock and dividend equivalents(18,460)(20,465)Dividends paid on preferred stock(10,420)(10,420)Net distributions to non-controlling interests in Consolidated VIEs(296)(304)Payments made on and extinguishment of collateralized debt obligations(120,814)(170,085)Payments made on Consolidated SLST CDOs(14,955)(12,506)Net (payments made on) proceeds received from mortgages payable on real estate(5,263)729 Net cash provided by financing activities713,783 327,203 Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash(54,623)60,089 Cash, Cash Equivalents and Restricted Cash - Beginning of Period329,024 330,642 Cash, Cash Equivalents and Restricted Cash - End of Period$274,401 $390,731 

The accompanying notes are an integral part of the condensed consolidated financial statements.8

Table of ContentsNEW YORK MORTGAGE TRUST, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (continued)(Dollar amounts in thousands)(unaudited)

Supplemental Disclosure:  Cash paid for interest$99,802 $75,001 Cash paid (refunds received) for income taxes$6 $(145)Non-Cash Investment Activities:  Purchase of investment securities not yet settled$38,402 $— De-consolidation of real estate held in Consolidated VIEs$— $193,168 De-consolidation of mortgages payable