What does chicago, IL — total adjustment to basis mean?

The cumulative net adjustments made to the cost basis of Chicago-based properties, including impairments, reclassifications, or other accounting adjustments. It reflects the variance between original acquisition cost and the current adjusted book value.

New York Mortgage Trust (ADAM) Chicago, IL — Total Adjustment to Basis

Screener

Other geography segments

St Petersburg, FL

$4.49M—

Baltimore, MD

$4.1M—

San Antonio, TX

$3.07M—

Collierville, TN

$2.84M—

Corpus Christi, TX

$2.81M—

Houston, TX

$2.26M—

Dallas, TX

$1.78M—

Pittsburgh, PA

-$1.68M—

Montgomery, AL

$1.62M—

Little Rock, AR

$1.36M—

Louisville, KY

$1.24M—

Indianapolis, IN

$908K—

Tampa, FL

-$300K—

Monroe, GA

$283K—

Similar metrics at other companies

PSAChicago — Costs Subsequent to Acquisition

$222.11M+6.9%

EXRIL — Adjustments and Costs to Land and Building Subsequent to Acquisition

$72.94M+33.5%

REGIL — Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs

$12.25M+0.5%

EXRFL — Adjustments and Costs to Land and Building Subsequent to Acquisition

$205.16M+56.1%

EXRGA — Adjustments and Costs to Land and Building Subsequent to Acquisition

$70.43M+26.1%

EXRHI — Adjustments and Costs to Land and Building Subsequent to Acquisition

$24.88M-1.7%

Other financials

Income statement

See full

Revenue$172.1M+32.6%

Operating income$86.7M+130%

Net income$48.6M+15.3%

EPS (diluted)$0.40+21.2%

Balance sheet

See full

Cash & equivalents$365.4M+33.2%

Total debt$674.6M-14.2%

Total equity$1.5B+3.9%

Total assets$12.8B+27.9%

Cash flow

See full

Operating cash flow-$16.7M-165%

CapEx$2.0M-41.0%

Free cash flow$31.5M—

Valuation

See full

Market cap$855.66M+44.2%

Enterprise value$1.16B+4.9%

P/E5.5×-4.0×

P/S1.3×+0.1×

Profitability

See full

Operating margin29%+23.4pp

Net margin24.1%+15.6pp

FCF margin20.9%—

Returns & leverage

See full

Return on equity10.9%+8.2pp

Debt / equity0.5×-0.1×

Where this comes from

Reported directly by New York Mortgage Trust in its filing.

Tagged under the XBRL concept us-gaap:RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts.

The source filing: New York Mortgage Trust’s 10-K, filed February 20, 2026.

Filed: Feb 20, 2026, 5:23 PM EST
Fiscal year: FY2025
Accession: 0001273685-26-000029

Market	Number of Properties	Encumbrances	Initial Cost to Company / Land	Initial Cost to Company / Buildings and Improvements	Total Adjustment to Basis (2)	Gross Amount at Close of Period (1) / Land	Gross Amount at Close of Period (1) / Buildings and Improvements	Gross Amount at Close of Period (1) / Total	Accumulated Depreciation	Date of Construction	Date Acquired	Depreciable Period (Years)
San Antonio, TX	1	34,834	6,827	43,240	3,065	6,827	46,305	53,132	(6,885)	2014	2021	30
Total Multi-Family - Operating	9	$276,997	$41,390	$340,479	$17,212	$41,390	$357,691	$399,081	$(51,358)
Single-Family Rental - Operating
Chicago, IL	216	$30,715	$9,593	$47,204	$10,892	$9,593	$58,096	$67,689	$(7,769)	1890 - 2010	2021- 2022	30
Baltimore, MD	108	16,682	8,592	23,480	4,096	8,569	27,599	36,168	(3,220)	1921 - 2006	2021- 2022	30
Houston, TX	67	10,262	3,374	15,874	2,262	3,374	18,136	21,510	(2,212)	1954 - 2019	2021 - 2022	30
Monroe, GA	21	—	527	2,654	283	527	2,937	3,464	(205)	2004 - 2019	2023	30
Pittsburgh, PA	12	—	509	3,172	(1,677)	322	1,682	2,004	(70)	1940 - 1991	2022	30

Item 16. FORM 10-K SUMMARY

FAQ

What is New York Mortgage Trust's chicago, IL — total adjustment to basis?: New York Mortgage Trust (ADAM) reported chicago, IL — total adjustment to basis of $10.89M in Q4 2025.
What does chicago, IL — total adjustment to basis mean?: The cumulative net adjustments made to the cost basis of Chicago-based properties, including impairments, reclassifications, or other accounting adjustments. It reflects the variance between original acquisition cost and the current adjusted book value.