Company: MITN
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001514281-25-000086
Chunk: 263

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 263
---
 value470 — Other assets3,148 3,269 Due from broker2,266 — Total Other assets$51,999 $41,940 Other liabilitiesDue to affiliates (1)$4,199 $4,275 Interest payable28,068 28,294 Derivative liabilities, at fair value105 340 Loan purchase commitment, at fair value46 — Accrued expenses4,893 1,698 Due to broker5,005 48 Payable on unsettled trades114 — Taxes payable99 103 Total Other liabilities$42,529 $34,758 (1)Refer to Note 10 for more information.DerivativesThe following table presents information related to the Company's derivatives and other instruments and their balance sheet location as of June 30, 2025 and December 31, 2024 (in thousands). Balance Sheet LocationJune 30, 2025December 31, 2024Derivatives and Other Instruments (1)NotionalFair ValueNotionalFair ValuePay Fix/Receive Float Interest Rate Swap Agreements (2) (3)Other assets$124,500 $— $337,550 $— Pay Fix/Receive Float Interest Rate Swap Agreements (2) (3)Other liabilities220,500 (100)5,000 (4)Short TBAsOther assets195,000 — — — Forward Purchase CommitmentsOther assets9,527 41 30,581 204 Forward Purchase CommitmentsOther liabilities2,022 (5)35,398 (336)(1)As of June 30, 2025 and December 31, 2024, no derivatives held by the Company were designated as hedges for accounting purposes.(2)As of June 30, 2025, the Company applied a reduction in fair value of $5.3 million and $1.5 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 counterpart