What is New York Mortgage Trust's impairment of real estate?

New York Mortgage Trust (ADAM) reported impairment of real estate of $2.23M in Q1 2026.

How has New York Mortgage Trust's impairment of real estate changed year-over-year?

New York Mortgage Trust's impairment of real estate decreased by 42.9% year-over-year, from $3.91M to $2.23M.

What does impairment of real estate mean?

Recognizes the reduction in the carrying value of real estate assets when their fair value falls below their book value. This is a non-cash charge that signals a decline in the long-term value or utility of specific property assets.

New York Mortgage Trust ADAM Impairment Of Real Estate

Impairment Of Real Estate at other companies

NEN

NENNEN

$100K—

Sabra HealthcareSBRA

$440K—

Net Lease Office PropertiesNLOP

$0-100%

FrontView REITFVR

$812K+89.7%

CenterspaceCSR

$9.7M—

Orion Office REITONL

$6.3M+268%

Segments

By segment

See full

Investment Portfolio$2.23M—

Constructive$0—

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$831.22M+37.0%

Enterprise value$1.14B+1.5%

P/E5.4×-4.4×

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:ImpairmentOfRealEstate.

The official record: New York Mortgage Trust’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is New York Mortgage Trust's impairment of real estate?: New York Mortgage Trust (ADAM) reported impairment of real estate of $2.23M in Q1 2026.
How has New York Mortgage Trust's impairment of real estate changed year-over-year?: New York Mortgage Trust's impairment of real estate decreased by 42.9% year-over-year, from $3.91M to $2.23M.
What does impairment of real estate mean?: Recognizes the reduction in the carrying value of real estate assets when their fair value falls below their book value. This is a non-cash charge that signals a decline in the long-term value or utility of specific property assets.