Company: MITN
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001514281-25-000062
Chunk: 185

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 185
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. Although specific to each financing arrangement, typical supplemental terms include requirements of minimum equity and liquidity, leverage ratios, and performance triggers. In addition, some of the financing arrangements contain cross default features, whereby default under an agreement with one lender simultaneously causes default under agreements with other lenders. To the extent that the Company fails to comply with the covenants contained in these financing arrangements or is otherwise found to be in default under the terms of such agreements, the counterparty has the right to accelerate amounts due under the associated agreement. Financings pursuant to 

25

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

financing arrangements are generally recourse to the Company. As of March 31, 2025, the Company is in compliance with all of its financial covenants.

7. Other assets and liabilities   

The following table details certain information related to the Company's "Other assets" and "Other liabilities" line items on its consolidated balance sheets as of March 31, 2025 and December 31, 2024 (in thousands).March 31, 2025December 31, 2024Other assetsInterest receivable$37,545 $34,930 Real estate owned5,449 3,537 Derivative assets, at fair value— 204 Other assets3,033 3,269 Due from broker74 — Total Other assets$46,101 $41,940 Other liabilitiesDue to affiliates (1)$4,762 $4,275 Interest payable27,174 28,294 Derivative liabilities, at fair value256 340 Accrued expenses1,697 1,698 Due to broker237 48 Taxes payable149 103 Total Other liabilities$34,275 $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 March 31, 2025 and December 31, 2024 (in thousands). Balance Sheet LocationMarch 31, 2025December 31, 2024Derivatives and Other Instruments (1)NotionalFair ValueNotionalFair ValuePay Fix/Receive Float Interest Rate Swap Agreements (2) (3)Other assets$124,500 $— $