ADAMAS TRUST, INC.
ADAM · XNASCIK 1273685fmd_0Q6TMTEYCEVGSJ4E24YFYNQM2YFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2010 to Sep 30, 2026, 68 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total interest income | 319 | 366 | 456 | 695 | 350 | 207 | 258 | 259 | 401 | 602 |
| Net interest income | 65 | 58 | 79 | 128 | 127 | 128 | 129 | 67 | 84 | 149 |
| Realized investment gains (losses) | (4) | 32 | (8) | 33 | – | – | – | – | – | – |
| Provision for credit losses | 1 | 0 | 0 | (3) | 0 | 0 | 0 | 0 | 3 | – |
| Net interest income after provision | 64 | 58 | 79 | 131 | 127 | 128 | 129 | 67 | 81 | – |
| Depreciation and amortization | – | – | – | – | 0 | 19 | 127 | 25 | 40 | 23 |
| Selling, general and administrative | 35 | 41 | – | – | – | – | – | – | – | – |
| Gain on sale of real estate | 0 | 0 | 2 | 2 | 0 | (0) | 17 | 5 | 28 | 9 |
| Total operating expenses | 35 | 41 | 41 | 50 | 55 | 76 | 93 | 74 | 92 | 123 |
| Impairment of real estate | – | – | – | – | – | 0 | 2 | 90 | 49 | 10 |
| Compensation and benefits | – | – | – | – | – | – | 38 | 35 | 33 | – |
| Funds from operations (NAREIT definition, derived) | – | – | – | – | (288) | 213 | (186) | 61 | (1) | 173 |
| Operating income | – | 92 | 104 | 172 | (287) | 191 | (340) | (78) | (93) | 138 |
| Interest expense | 255 | 308 | 377 | 567 | 223 | 79 | 129 | 192 | 317 | 453 |
| Interest and investment income | – | – | – | – | – | – | – | – | – | – |
| Other non-operating income (expense) | 19 | 14 | 17 | – | – | 6 | 19 | 5 | 29 | 17 |
| Income before taxes | 71 | 92 | 104 | – | – | – | – | – | – | – |
| Income tax expense | 3 | 3 | (1) | (0) | 1 | 2 | 1 | 0 | 1 | 0 |
| Net income from continuing operations | 68 | 89 | 105 | 173 | (288) | 188 | (341) | (78) | (94) | 138 |
| Net income | 68 | 92 | 103 | 174 | (289) | 193 | (299) | (49) | (62) | 149 |
| Net income to common shareholders | 55 | 76 | 79 | 145 | (330) | 144 | (341) | (90) | (104) | 101 |