New York Mortgage Trust Interest expense, mortgages payable on real estate decreased by 10.8% to $3.82M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 36.4%, from $6.01M to $3.82M. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests higher leverage on property assets or rising interest rates on variable-rate mortgages, while a decrease indicates debt repayment.
This represents the interest costs specifically associated with debt secured by the company's real estate properties. Un...
Standard for property-owning firms; peers are compared based on debt-to-equity ratios and interest coverage on property debt.
other_interest_expense_real_estate_mortgage_payable| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $22.56M | $22.56M | $22.56M | $22.56M | $12.68M | $10.24M | $6.01M | $5.88M | $5.41M | $4.28M | $3.82M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -43.8% | -19.2% | -41.3% | -2.1% | -8.0% | -20.8% | -10.8% |
| YoY Change | — | — | — | — | -43.8% | -54.6% | — | — | -57.3% | -58.2% | -36.4% |
| Segment | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|
| Investment Portfolio | $5.41M | $4.28M | $3.82M |
| Constructive | $0.00 | $0.00 | $0.00 |
| Total | $5.41M | $4.28M | $3.82M |