Company: MITN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050624
Chunk: 25

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 25
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 roll income/(loss)(432)— (543)— Earnings available for distribution$7,091 $4,876 $18,424 $17,277 Earnings available for distribution, per Diluted Share$0.23 $0.17 $0.61 $0.59 

(1)The following table presents additional detail related to transaction related expenses and deal related performance fees excluded from EAD (in thousands). The interest expense line item relates to the amortization of deferred financing costs and the income tax expense line item relates to taxes incurred on items excluded from EAD, as defined above.  Three Months EndedNine Months EndedConsolidated statements of operations line item:September 30, 2025September 30, 2024September 30, 2025September 30, 2024Transaction related expenses$1,962 $684 $6,041 $2,164 Interest expense9925 24371 Income tax expense443 — 443 — Transaction related expenses and deal related performance fees$2,504 $709 $6,727 $2,235 

(2)The following table presents additional detail related to EAD from equity method investments (in thousands). Refer to the “Equity in earnings/(loss) from affiliates” section within the “Results of Operations” above for additional detail. Three Months EndedNine Months EndedSeptember 30, 2025September 30, 2024September 30, 2025September 30, 2024Net interest income $594 $852 $1,917 $2,839 Other operating expenses(36)(33)(133)(149)Net operating income/(loss) from AG Arc 1,204 (154)1,184 (1,591)Elimination of gains on loans sold from AG Arc to MITT(94)(359)(182)(965)EAD from equity method investments$1,668 $306 $2,786 $134 

Investment activities

Investment activities 

We aim to allocate capital to investment opportunities with attractive risk/return profiles in our target asset classes. Our investment activities primarily include acquiring and securitizing newly-originated residential mortgage loans. We finance our acquired loans through various financing lines on a short-term basis and securitize the loans to obtain long-term, non-recourse, non-mark-to-market financing as market conditions permit. We