New York Mortgage Trust ADAM Constructive — General and administrative expenses

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Questions, answered.

What is New York Mortgage Trust's constructive — general and administrative expenses?

New York Mortgage Trust (ADAM) reported constructive — general and administrative expenses of $11.6M in Q1 2026.

What does constructive — general and administrative expenses mean?

Includes overhead costs such as salaries, office rent, professional fees, and other administrative support required to run the segment. It measures the fixed cost burden associated with maintaining the segment's operations.