Company: MITN
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001514281-25-000062
Chunk: 31

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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059)Deferred financing costs paid(9)(142)Proceeds from issuance of securitized debt 410,678 365,602 Principal repayments on securitized debt (171,109)(124,596)Dividends paid on common stock(5,632)(1,472)Dividends paid on preferred stock(5,306)(4,586)Net cash provided by (used in) financing activities293,377 227,320 Net change in cash and cash equivalents and restricted cash(9,351)(8,939)Cash and cash equivalents and restricted cash, Beginning of Period138,568 125,573 Cash and cash equivalents and restricted cash, End of Period$129,217 $116,634 

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Three Months EndedMarch 31, 2025March 31, 2024Supplemental disclosure of cash flow information:Cash paid for interest$84,764 $72,178 Cash paid for taxes$71 $121 Supplemental disclosure of non-cash financing and investing activities:Transfer from residential mortgage loans to securitized residential mortgage loans$430,970 $385,692 Common stock dividends declared but not paid$5,932 $5,301 Transfer from residential mortgage loans to other assets$3,743 $255       

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows:

March 31, 2025March 31, 2024Cash and cash equivalents$115,549 $100,287 Restricted cash13,668 16,347 Total cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows$129,217 $116,634 

The accompanying notes are an integral part of these unaudited consolidated financial statements.  

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AG Mortgage Investment Trust Inc. and Subsidiaries

Notes to Consolidated Financial Statements (Unaudited)

March 31, 2025  

1. Organization

AG Mortgage Investment Trust, Inc. (the "Company" or "MITT") is a residential mortgage REIT with a focus on investing in a diversified risk-adjusted portfolio of residential mortgage-related assets in the U.S. mortgage market. The Company’s investment activities primarily include acquiring and securitizing newly-originated residential mortgage loans within the non-agency segment of the housing