Company: MITN
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001514281-25-000062
Chunk: 57

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 57
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 occur due to instruments exhibiting indications of increased levels of market transparency. Indications of increases or decreases in levels of market transparency include a change in observable transactions or executable quotes involving these instruments or similar instruments. Changes in these indications could impact price transparency, and thereby cause a change in level designations in future periods. 

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AG Mortgage Investment Trust Inc. and SubsidiariesNotes to Consolidated Financial Statements (Unaudited)March 31, 2025

The following tables present additional information about the Company’s assets and liabilities which are measured at fair value on a recurring basis for which the Company has utilized Level 3 inputs to determine fair value (in thousands).Three Months Ended March 31, 2025Residential Mortgage Loans (1)Legacy WMC Commercial LoansNon-AgencyRMBSDerivative Assets (2)AG ArcSecuritizedDebtDerivative Liabilities (2)Beginning balance$6,416,066 $67,005 $115,533 $204 $30,778 $(5,491,967)$(336)Purchases494,769 — 25,963 — — — — Issuances of Securitized Debt— — — — — (408,670)— Proceeds from sales or settlements(20,428)— — (258)— — 298 Principal repayments(187,597)— (1,094)— — 170,775 — Principal funding2,381 — — — — — — Included in net income:Net premium and discount amortization (3)1,891 270 (692)— — (6,807)— Net realized gain/(loss)(1,067)— — 258 — — (298)Net unrealized gain/(loss)107,843 (1,771)1,408 (204)— (100,022)336 Equity in earnings/(loss) from affiliates— — — — 1,464 — — Other (4)(4,062)— — — — — — Ending Balance$6,809,796 $65,504 $141,118 $— $32,242 $(5,836,691)$— Change in unrealized appreciation/(depreciation) for level 3 assets/liabilities still