Company: MITN
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001514281-25-000086
Chunk: 105

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 105
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ortizedCostLess than or equal to one year$2,983 $2,901 $14,731 $14,945 $— $— Greater than one year and less than or equal to five years16,277 13,197 38,054 44,071 676 667 Greater than five years and less than or equal to ten years71,588 75,990 — — 20,320 19,850 Greater than ten years36,731 36,370 — — — — Total as of December 31, 2024$127,579 $128,458 $52,785 $59,016 $20,996 $20,517 (1)This is based on projected life. Typically, actual maturities are shorter than stated contractual maturities. Maturities are affected by the contractual lives of the underlying mortgages, periodic payments of principal and prepayments of principal.The Company sold real estate securities during the three and six months ended June 30, 2025 and 2024, as detailed below ($ in thousands). Three Months EndedSix Months EndedNumber of SecuritiesProceedsRealized GainsRealized LossesNumber of SecuritiesProceedsRealized GainsRealized LossesJune 30, 2025Agency RMBS— $— $— $— 1$1,894 $241 $— Non-Agency RMBS1558 35 — 21,336 72 — CMBS11,959 — (144)11,959 — (144)June 30, 2024Non-Agency RMBS6$19,858 $2,005 $(73)13$39,176 $3,165 $(482)

5. Fair value measurements  

The fair value of the Company's financial instruments is determined in accordance with the provisions of ASC 820, "Fair Value Measurements and Disclosures." When possible, the Company determines fair value using third-party data sources. ASC 820 establishes a hierarchy that prioritizes the inputs to valuation techniques. Level 1 inputs are observable inputs that reflect quoted prices for identical assets or liabilities in active markets. Level 2 inputs are observable inputs other than quoted prices and may include quoted prices for similar assets and liabilities in active markets. Level 3 inputs are significant unobservable inputs. In situations where quoted prices or observable inputs