Company: ADAMM
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001273685-25-000028
Chunk: 60

Company: ADAMAS TRUST, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 16
Chunk 60
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,647)(50,412)(209,372)Purchases of investments held in Consolidated SLST(9,857)— — Purchases of mortgage servicing rights(9,470)— — Purchases of other assets(2,071)(63)(100)Net cash used in investing activities(2,244,435)(1,219,931)(508,775)Cash Flows from Financing Activities:Net proceeds received from repurchase agreements1,535,749 1,730,366 179,033 Proceeds from issuance of senior unsecured notes60,000 — — Proceeds from issuance of collateralized debt obligations1,350,153 — 969,986 Repurchases of common stock(3,493)(8,615)(44,399)Repurchases of preferred stock— (2,439)— Dividends paid on common stock and dividend equivalents(74,945)(128,801)(151,753)Dividends paid on preferred stock(41,756)(41,894)(41,404)

F-10

Repayment of convertible notes— — (138,000)Net distributions to non-controlling interests in Consolidated VIEs(11,893)(8,377)(10,815)Redemptions of redeemable non-controlling interest in Consolidated VIE(626)(485)(2,015)Payments made on and extinguishment of collateralized debt obligations(469,017)(204,649)(188,914)Payments made on Consolidated SLST CDOs(61,130)(46,476)(114,847)Net (payments made on) proceeds received from mortgages payable on real estate(54,296)(148,948)3,197 Net cash provided by financing activities2,228,746 1,139,682 460,069 Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash(1,618)(50,296)43,077 Cash, Cash Equivalents and Restricted Cash - Beginning of Period330,642 380,938 337,861 Cash, Cash Equivalents and Restricted Cash - End of Period$329,024 $330,642 $380,938 Supplemental Disclosure:Cash paid for interest$344,725 $249,854 $161,251 Cash (refunds received) paid for income taxes$(32)$225 $2,674