What is Chicago Atlantic Real Estate Finance's md — original issue premium discount?

Chicago Atlantic Real Estate Finance (REFI) reported md — original issue premium discount of -$178.99K in Q1 2024.

What does md — original issue premium discount mean?

The adjustment to loan value based on the difference between the face value and the initial issuance price.

Discontinued — last reported Q1 '24

Geographic · Original Issue Premium Discount

MD — Original Issue Premium Discount

Chicago Atlantic Real Estate Finance MD — Original Issue Premium Discount increased by 66.7% to -$178.99K in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 66.7%, from -$536.96K to -$178.99K.

Analysis

StatementSegment

CategoryProfitability

SignalContext dependent

VolatilityStable

First reportedQ1 2022

Last reportedQ1 2024May 7, 2024

Rolls up toOriginal Issue Premium Discount

How to read this metric

A discount increases the effective yield over time, while a premium decreases it, impacting the net interest income recognized.

Detailed definition

The difference between the face value of a loan and the price at which it was issued, amortized over the life of the loa...

Peer comparison

Standard accounting adjustment for debt instruments across all financial services firms.

Metric ID: refi_segment_md_original_issue_premium_discount

Historical Data

6 periods

	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q1 '24
Value	-$156.25K	-$156.25K	-$156.25K	-$156.25K	-$536.96K	-$178.99K
QoQ Change	—	+0.0%	+0.0%	+0.0%	-243.7%	+66.7%
YoY Change	—	—	—	—	-243.7%	+66.7%

Range-$536.96K – -$156.25K

CAGR+11.5%

Avg YoY Growth-88.5%

Median YoY Growth-88.5%

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Frequently Asked Questions

What is Chicago Atlantic Real Estate Finance's md — original issue premium discount?: Chicago Atlantic Real Estate Finance (REFI) reported md — original issue premium discount of -$178.99K in Q1 2024.
How has Chicago Atlantic Real Estate Finance's md — original issue premium discount changed year-over-year?: Chicago Atlantic Real Estate Finance's md — original issue premium discount increased by 66.7% year-over-year, from -$536.96K to -$178.99K.
What does md — original issue premium discount mean?: The adjustment to loan value based on the difference between the face value and the initial issuance price.