What does san antonio, TX — total adjustment to basis mean?

The net cumulative adjustments made to the cost basis of real estate assets in the San Antonio market, such as impairment charges or purchase price allocations. This reflects accounting adjustments that modify the original acquisition cost.

New York Mortgage Trust (ADAM) San Antonio, TX — Total Adjustment to Basis

Screener

Other geography segments

Chicago, IL

$10.89M—

St Petersburg, FL

$4.49M—

Baltimore, MD

$4.1M—

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

PSASan Antonio — Costs Subsequent to Acquisition

$48.53M+5.1%

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

$166.82M+42.3%

PSASan Diego — Costs Subsequent to Acquisition

$80.47M+2.1%

PSASan Francisco — Costs Subsequent to Acquisition

$384.28M+6.4%

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%

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)
Louisville, KY	1	40,726	5,567	52,819	1,241	5,567	54,060	59,627	(7,978)	2017	2021	30
Montgomery, AL	1	20,408	3,367	26,967	1,617	3,367	28,584	31,951	(4,435)	1988 - 1994	2022	30
San Antonio, TX	1	23,817	3,116	35,223	836	3,116	36,059	39,175	(5,491)	2015	2021	30
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

Item 16. FORM 10-K SUMMARY

FAQ

What is New York Mortgage Trust's san antonio, TX — total adjustment to basis?: New York Mortgage Trust (ADAM) reported san antonio, TX — total adjustment to basis of $3.07M in Q4 2025.
What does san antonio, TX — total adjustment to basis mean?: The net cumulative adjustments made to the cost basis of real estate assets in the San Antonio market, such as impairment charges or purchase price allocations. This reflects accounting adjustments that modify the original acquisition cost.