Discontinued — last reported Q4 '23
New York Mortgage Trust Birmingham, AL — Total Adjustment to Basis decreased by 760.8% to -$9.40M in Q4 2023 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Negative adjustments may signal asset impairment or write-downs, while positive adjustments could reflect revaluations.
The cumulative net adjustments made to the cost basis of real estate assets in this region, including impairment charges...
Standard accounting practice for real estate investment portfolios to reconcile historical cost with current book value.
adam_segment_birmingham_al_total_adjustment_to_basis| Q4 '22 | Q4 '23 | |
|---|---|---|
| Value | -$1.09M | -$9.40M |
| QoQ Change | — | -760.8% |
| YoY Change | — | -760.8% |