Company: MITN
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001514281-25-000086
Chunk: 82

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 82
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 $0.50 per share of Series B Preferred Stock, and $0.704864 and $0.50 per share of Series C Preferred Stock outstanding were declared, respectively. 

(2)For the six months ended June 30, 2025 and 2024, dividends totaling $1.03126 and $1.03126 per share of Series A Preferred Stock, $1.00 and $1.00 per share of Series B Preferred Stock, and $1.397926 and $1.00 per share of Series C Preferred Stock outstanding were declared, respectively. 

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

5

AG Mortgage Investment Trust, Inc. and Subsidiaries

Consolidated Statements of Cash Flows (Unaudited)

(in thousands)

Six Months EndedJune 30, 2025June 30, 2024Cash Flows from Operating ActivitiesNet income/(loss)$15,422 $24,815 Adjustments to reconcile net income/(loss) to net cash provided by (used in) operating activities:Net amortization of premium/(discount)7,259 4,684 Net realized (gain)/loss3,484 (860)Net unrealized (gain)/loss(762)(788)Grant of restricted stock and amortization of equity based compensation384 392 Equity in (earnings)/loss from affiliates(1,416)(2,948)Distributions of income from investments in debt and equity of affiliates— 1,098 Change in operating assets/liabilities:Other assets1,174 1,901 Other liabilities(2,030)(2,590)Net cash provided by (used in) operating activities23,515 25,704 Cash Flows from Investing ActivitiesPurchases of residential mortgage loans(943,871)(713,897)Purchases of real estate securities(26,064)(576,266)Proceeds from sales of residential mortgage loans57,761 — Proceeds from sales of real estate securities5,189 39,176 Principal repayments on residential mortgage loans422,774 312,147 Principal repayments on real estate securities6,443 8,018 Principal funding on residential mortgage loans(6,953)— Distributions received in excess of income from investments in debt and equity of affiliates2,802 3,207 Net settlement of interest rate swaps and other instruments(6,262)4,374