$CHMI
Cherry Hill Mortgage Investment Corp

2024 Q2 Form 10-Q Financial Statement

#000114036124024544 Filed on May 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $6.579M $16.35M
YoY Change -69.45% -197.67%
Cost Of Revenue $3.455M $2.634M
YoY Change -80.06% -4.74%
Gross Profit $3.124M $13.71M
YoY Change -25.76% -170.32%
Gross Profit Margin 47.48% 83.89%
Selling, General & Admin $3.371M $1.841M
YoY Change 68.97% 20.88%
% of Gross Profit 107.91% 13.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $5.131M $3.589M
YoY Change 157.19% 12.05%
Operating Profit -$2.007M $10.13M
YoY Change -190.69% -144.59%
Interest Expense $13.65M
YoY Change 14.16%
% of Operating Profit 134.8%
Other Income/Expense, Net
YoY Change
Pretax Income $1.448M $12.76M
YoY Change -34.57% -163.98%
Income Tax $664.0K $703.0K
% Of Pretax Income 45.86% 5.51%
Net Earnings $784.0K $12.06M
YoY Change -189.5% -162.4%
Net Earnings / Revenue 11.92% 73.75%
Basic Earnings Per Share -$0.06 $0.32
Diluted Earnings Per Share -$0.06 $0.32
COMMON SHARES
Basic Shares Outstanding 30.02M 30.02M
Diluted Shares Outstanding 30.03M 30.02M

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $52.42M $47.52M
YoY Change -1.13% -12.9%
Cash & Equivalents $52.42M $47.52M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $72.10M $67.17M
YoY Change -2.93% -11.86%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $234.3M $250.4M
YoY Change -11.57% -7.59%
Other Assets $6.113M $5.237M
YoY Change -22.51% -64.64%
Total Long-Term Assets $1.344B $1.339B
YoY Change -1.67% -4.56%
TOTAL ASSETS
Total Short-Term Assets $72.10M $67.17M
Total Long-Term Assets $1.344B $1.339B
Total Assets $1.417B $1.406B
YoY Change -1.73% -4.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.756M $1.797M
YoY Change -5.74% -5.57%
Accrued Expenses $11.29M $10.82M
YoY Change 32.11% -31.65%
Deferred Revenue
YoY Change
Short-Term Debt $994.8M $965.0M
YoY Change 1.52% -2.68%
Long-Term Debt Due $62.50M $62.50M
YoY Change -6.02% -6.02%
Total Short-Term Liabilities $1.077B $1.047B
YoY Change 1.32% -3.53%
LONG-TERM LIABILITIES
Long-Term Debt $96.97M $103.9M
YoY Change -10.6% -6.76%
Other Long-Term Liabilities $4.751M $5.268M
YoY Change -36.42% -71.37%
Total Long-Term Liabilities $101.7M $109.2M
YoY Change -12.26% -15.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.077B $1.047B
Total Long-Term Liabilities $101.7M $109.2M
Total Liabilities $1.179B $1.156B
YoY Change -0.01% -4.85%
SHAREHOLDERS EQUITY
Retained Earnings -$234.4M -$228.0M
YoY Change 15.89% 15.54%
Common Stock $307.0K $305.0K
YoY Change 12.04% 16.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $234.5M $247.0M
YoY Change
Total Liabilities & Shareholders Equity $1.417B $1.406B
YoY Change -1.73% -4.93%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $784.0K $12.06M
YoY Change -189.5% -162.4%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $4.063M -$19.05M
YoY Change 239.43% -622.23%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$15.23M -$55.55M
YoY Change 159.75% -64.68%
Cash From Investing Activities -$15.23M -$55.55M
YoY Change 159.75% -64.68%
FINANCING ACTIVITIES
Cash Dividend Paid $6.959M
YoY Change -20.97%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 16.95M 58.03M
YoY Change -547.14% -63.14%
NET CHANGE
Cash From Operating Activities 4.063M -19.05M
Cash From Investing Activities -15.23M -55.55M
Cash From Financing Activities 16.95M 58.03M
Net Change In Cash 5.782M -16.57M
YoY Change -168.36% -534.5%
FREE CASH FLOW
Cash From Operating Activities $4.063M -$19.05M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2024Q1 dei Current Fiscal Year End Date
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CY2024Q1 dei Entity Central Index Key
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CY2024Q1 us-gaap Investment Type Extensible Enumeration
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CY2024Q1 dei Entity Incorporation State Country Code
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MD
CY2024Q1 dei Entity Tax Identification Number
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CY2024Q1 dei Entity Address Address Line1
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1451 Route 34
CY2024Q1 dei Entity Address Address Line2
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Suite 303
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Farmingdale
CY2024Q1 dei Entity Address State Or Province
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CY2024Q1 dei Entity Address Postal Zip Code
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07727
CY2024Q1 dei City Area Code
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877
CY2024Q1 dei Local Phone Number
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870 – 7005
CY2024Q1 dei Entity Current Reporting Status
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CY2024Q1 dei Entity Filer Category
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CY2024Q1 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
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<div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Derivatives and Hedging Activities</div> <div><br/> </div> <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Derivative transactions include swaps, swaptions, U.S. treasury futures and “to-be-announced” securities (“TBAs”). A TBA contract is an agreement to purchase or sell, for future delivery, an Agency RMBS with a specified issuer, term and coupon. Swaps and swaptions are entered into by the Company solely for interest rate risk management purposes. TBAs and U.S. treasury futures are used to manage duration risk as well as basis risk and pricing risk on the Company’s financing facilities for MSRs. The decision as to whether or not a given transaction/position (or portion thereof) is economically hedged is made on a case-by-case basis, based on the risks involved and other factors as determined by senior management, including restrictions imposed by the Code on REITs. In determining whether to economically hedge a risk, the Company may consider whether other assets, liabilities, firm commitments and anticipated transactions already offset or reduce the risk. All transactions undertaken as economic hedges are entered into with a view towards minimizing the potential for economic losses that could be incurred by the Company. Generally, derivatives entered into are not intended to qualify as hedges under GAAP, unless specifically stated otherwise.</div> <div><br/></div> <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">From time to time, the Company enters into a TBA dollar roll which represents a transaction where TBA contracts with the same terms but different settlement dates are simultaneously bought and sold. The TBA contract settling in the later month typically prices at a discount to the earlier month contract with the difference in price commonly referred to as the “drop”. The drop is a reflection of the expected net interest income from an investment in similar Agency RMBS, net of an implied financing cost, that would be foregone as a result of settling the contract in the later month rather than in the earlier month. The drop between the current settlement month price and the forward settlement month price occurs because in the TBA dollar roll market, the party providing the financing is the party that would retain all principal and interest payments accrued during the financing period. Accordingly, drop income on TBA dollar rolls generally represents the economic equivalent of the net interest income earned on the underlying Agency RMBS less an implied financing cost. TBA dollar roll transactions are accounted for under GAAP as a series of derivatives transactions.</div> <div><br/></div> <div><span style="font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant: normal; text-transform: none;">The Company’s bi-lateral derivative financial instruments contain credit risk to the extent that its counterparties may be unable to meet the terms of the agreements. The Company reduces such risk by limiting its exposure to any one counterparty. In addition, the potential risk of loss with any one party resulting from this type of credit risk is monitored. The Company’s interest rate swaps and U.S. treasury futures are required to be cleared on an exchange, which further mitigates, but does not eliminate, credit risk. Management does not expect any material losses as a result of default by other parties to its derivative financial instruments.</span></div> <div><span style="background-color: rgb(255, 255, 255); font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant: normal; text-transform: none;"> </span></div> <div><br/> </div> <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><span style="font-size: 10pt; font-family: 'Times New Roman';"><span style="text-decoration: underline;">Classification</span></span> – All derivatives, including TBAs, are recognized as either assets or liabilities on the consolidated balance sheets and measured at fair value. The fair value of TBA derivatives is determined using methods similar to those used to value Agency RMBS. Due to the nature of these instruments, they may be in a receivable/asset position or a payable/liability position at the end of an accounting period. Derivative amounts payable to, and receivable from, the same party under a contract may be offset as long as the following conditions are met: (i) each of the two parties owes the other determinable amounts; (ii) the reporting party has the right to offset the amount owed with the amount owed by the other party; (iii) the reporting party intends to offset; and (iv) the right to offset is enforceable by law. The Company reports the fair value of derivative instruments gross of cash paid or received pursuant to credit support agreements, and fair value may be reflected on a net counterparty basis when the Company believes a legal right of offset exists under an enforceable master netting agreement. For further discussion on offsetting assets and liabilities, see Note 8.</div> <div><br/> </div> <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><span style="font-size: 10pt; font-family: 'Times New Roman';"><span style="text-decoration: underline;">Revenue Recognition</span></span> – With respect to derivatives that have not been designated as hedges, any payments under, or fluctuations in the fair value of, such derivatives have been recognized currently in “Realized gain (loss) on derivatives, net” and “Unrealized gain (loss) on derivatives, net”, respectively, in the consolidated statements of income (loss). Interest rate swap periodic interest income (expense) is included in “Realized gain (loss) on derivatives, net” in the consolidated statements of income (loss).</div>
CY2024Q1 chmi Variation Margin
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CY2023Q4 chmi Variation Margin
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75800000
CY2024Q1 chmi Loss On Sales Of Real Estate Mortgage Backed Securities
LossOnSalesOfRealEstateMortgageBackedSecurities
-0
CY2024Q1 chmi Loss On Sales Of Real Estate Mortgage Backed Securities
LossOnSalesOfRealEstateMortgageBackedSecurities
0
CY2023Q1 chmi Loss On Sales Of Real Estate Mortgage Backed Securities
LossOnSalesOfRealEstateMortgageBackedSecurities
981000
CY2024Q1 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
0
CY2023Q1 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
-981000
CY2024Q1 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Derivatives and Hedging Activities</div> <div><br/> </div> <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Derivative transactions include swaps, swaptions, U.S. treasury futures and “to-be-announced” securities (“TBAs”). A TBA contract is an agreement to purchase or sell, for future delivery, an Agency RMBS with a specified issuer, term and coupon. Swaps and swaptions are entered into by the Company solely for interest rate risk management purposes. TBAs and U.S. treasury futures are used to manage duration risk as well as basis risk and pricing risk on the Company’s financing facilities for MSRs. The decision as to whether or not a given transaction/position (or portion thereof) is economically hedged is made on a case-by-case basis, based on the risks involved and other factors as determined by senior management, including restrictions imposed by the Code on REITs. In determining whether to economically hedge a risk, the Company may consider whether other assets, liabilities, firm commitments and anticipated transactions already offset or reduce the risk. All transactions undertaken as economic hedges are entered into with a view towards minimizing the potential for economic losses that could be incurred by the Company. Generally, derivatives entered into are not intended to qualify as hedges under GAAP, unless specifically stated otherwise.</div> <div><br/></div> <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">From time to time, the Company enters into a TBA dollar roll which represents a transaction where TBA contracts with the same terms but different settlement dates are simultaneously bought and sold. The TBA contract settling in the later month typically prices at a discount to the earlier month contract with the difference in price commonly referred to as the “drop”. The drop is a reflection of the expected net interest income from an investment in similar Agency RMBS, net of an implied financing cost, that would be foregone as a result of settling the contract in the later month rather than in the earlier month. The drop between the current settlement month price and the forward settlement month price occurs because in the TBA dollar roll market, the party providing the financing is the party that would retain all principal and interest payments accrued during the financing period. Accordingly, drop income on TBA dollar rolls generally represents the economic equivalent of the net interest income earned on the underlying Agency RMBS less an implied financing cost. TBA dollar roll transactions are accounted for under GAAP as a series of derivatives transactions.</div> <div><br/></div> <div><span style="font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant: normal; text-transform: none;">The Company’s bi-lateral derivative financial instruments contain credit risk to the extent that its counterparties may be unable to meet the terms of the agreements. The Company reduces such risk by limiting its exposure to any one counterparty. In addition, the potential risk of loss with any one party resulting from this type of credit risk is monitored. The Company’s interest rate swaps and U.S. treasury futures are required to be cleared on an exchange, which further mitigates, but does not eliminate, credit risk. Management does not expect any material losses as a result of default by other parties to its derivative financial instruments.</span></div> <div><span style="background-color: rgb(255, 255, 255); font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant: normal; text-transform: none;"> </span></div> <div><br/> </div> <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><span style="font-size: 10pt; font-family: 'Times New Roman';"><span style="text-decoration: underline;">Classification</span></span> – All derivatives, including TBAs, are recognized as either assets or liabilities on the consolidated balance sheets and measured at fair value. The fair value of TBA derivatives is determined using methods similar to those used to value Agency RMBS. Due to the nature of these instruments, they may be in a receivable/asset position or a payable/liability position at the end of an accounting period. Derivative amounts payable to, and receivable from, the same party under a contract may be offset as long as the following conditions are met: (i) each of the two parties owes the other determinable amounts; (ii) the reporting party has the right to offset the amount owed with the amount owed by the other party; (iii) the reporting party intends to offset; and (iv) the right to offset is enforceable by law. The Company reports the fair value of derivative instruments gross of cash paid or received pursuant to credit support agreements, and fair value may be reflected on a net counterparty basis when the Company believes a legal right of offset exists under an enforceable master netting agreement. For further discussion on offsetting assets and liabilities, see Note 8.</div> <div><br/> </div> <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"><span style="font-size: 10pt; font-family: 'Times New Roman';"><span style="text-decoration: underline;">Revenue Recognition</span></span> – With respect to derivatives that have not been designated as hedges, any payments under, or fluctuations in the fair value of, such derivatives have been recognized currently in “Realized gain (loss) on derivatives, net” and “Unrealized gain (loss) on derivatives, net”, respectively, in the consolidated statements of income (loss). Interest rate swap periodic interest income (expense) is included in “Realized gain (loss) on derivatives, net” in the consolidated statements of income (loss).</div>
CY2024Q1 chmi Variation Margin
VariationMargin
75700000
CY2023Q4 chmi Variation Margin
VariationMargin
75800000
CY2024Q1 chmi Loss On Sales Of Real Estate Mortgage Backed Securities
LossOnSalesOfRealEstateMortgageBackedSecurities
-0
CY2024Q1 chmi Loss On Sales Of Real Estate Mortgage Backed Securities
LossOnSalesOfRealEstateMortgageBackedSecurities
0
CY2023Q1 chmi Loss On Sales Of Real Estate Mortgage Backed Securities
LossOnSalesOfRealEstateMortgageBackedSecurities
981000
CY2024Q1 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
0
CY2023Q1 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
-981000
CY2024Q1 us-gaap Interest Expense
InterestExpense
13648000
CY2024Q1 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-907000
CY2024Q1 chmi Servicing Fee Income
ServicingFeeIncome
12891000
CY2024Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2634000
CY2024Q1 chmi Net Servicing Income
NetServicingIncome
10257000
CY2024Q1 us-gaap Noninterest Income Other
NoninterestIncomeOther
6998000
CY2024Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
3589000
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
703000
CY2024Q1 us-gaap Profit Loss
ProfitLoss
12056000
CY2023Q1 us-gaap Interest Income Operating
InterestIncomeOperating
11795000
CY2023Q1 us-gaap Interest Expense
InterestExpense
11955000
CY2023Q1 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-160000
CY2023Q1 chmi Servicing Fee Income
ServicingFeeIncome
13874000
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2765000
CY2024Q1 us-gaap Interest Income Operating
InterestIncomeOperating
12741000
CY2024Q1 us-gaap Interest Expense
InterestExpense
13648000
CY2024Q1 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-907000
CY2024Q1 chmi Servicing Fee Income
ServicingFeeIncome
12891000
CY2024Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2634000
CY2024Q1 chmi Net Servicing Income
NetServicingIncome
10257000
CY2024Q1 us-gaap Noninterest Income Other
NoninterestIncomeOther
6998000
CY2024Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
3589000
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
703000
CY2024Q1 us-gaap Profit Loss
ProfitLoss
12056000
CY2023Q1 us-gaap Interest Income Operating
InterestIncomeOperating
11795000
CY2023Q1 us-gaap Interest Expense
InterestExpense
11955000
CY2023Q1 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-160000
CY2023Q1 chmi Servicing Fee Income
ServicingFeeIncome
13874000
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2765000
CY2023Q1 chmi Net Servicing Income
NetServicingIncome
11109000
CY2023Q1 us-gaap Noninterest Income Other
NoninterestIncomeOther
-27687000
CY2023Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
3203000
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-619000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-19322000
CY2024Q1 us-gaap Investments
Investments
1297029000
CY2024Q1 us-gaap Other Assets
OtherAssets
108894000
CY2024Q1 us-gaap Assets
Assets
1405923000
CY2024Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1131397000
CY2024Q1 us-gaap Other Liabilities
OtherLiabilities
24387000
CY2024Q1 us-gaap Liabilities
Liabilities
1155784000
CY2024Q1 chmi Assets Liabilities Net Book Value
AssetsLiabilitiesNetBookValue
250139000
CY2023Q4 us-gaap Investments
Investments
1265759000
CY2023Q4 us-gaap Other Assets
OtherAssets
127233000
CY2023Q4 us-gaap Assets
Assets
1392992000
CY2023Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1072803000
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
61814000
CY2023Q4 us-gaap Liabilities
Liabilities
1134617000
CY2023Q4 chmi Assets Liabilities Net Book Value
AssetsLiabilitiesNetBookValue
258375000
CY2023Q1 chmi Net Servicing Income
NetServicingIncome
11109000
CY2023Q1 us-gaap Noninterest Income Other
NoninterestIncomeOther
-27687000
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-619000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-19322000
CY2024Q1 us-gaap Investments
Investments
1297029000
CY2024Q1 us-gaap Other Assets
OtherAssets
108894000
CY2024Q1 us-gaap Assets
Assets
1405923000
CY2024Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1131397000
CY2024Q1 us-gaap Other Liabilities
OtherLiabilities
24387000
CY2024Q1 us-gaap Liabilities
Liabilities
1155784000
CY2024Q1 chmi Assets Liabilities Net Book Value
AssetsLiabilitiesNetBookValue
250139000
CY2023Q4 us-gaap Investments
Investments
1265759000
CY2023Q4 us-gaap Other Assets
OtherAssets
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CY2023Q4 us-gaap Assets
Assets
1392992000
CY2023Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1072803000
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
61814000
CY2023Q4 us-gaap Liabilities
Liabilities
1134617000
CY2023Q4 chmi Assets Liabilities Net Book Value
AssetsLiabilitiesNetBookValue
258375000
CY2024Q1 chmi Servicing Assets Unpaid Principal Balance
ServicingAssetsUnpaidPrincipalBalance
19623261000
CY2024Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
250380000
CY2024Q1 chmi Investment In Servicing Related Assets Weighted Average Coupon
InvestmentInServicingRelatedAssetsWeightedAverageCoupon
0.0348
CY2024Q1 chmi Investment In Servicing Related Assets Weighted Average Maturity Period
InvestmentInServicingRelatedAssetsWeightedAverageMaturityPeriod
P24Y9M18D
CY2024Q1 chmi Investment In Servicing Related Assets Change In Fair Value In Other Income Loss
InvestmentInServicingRelatedAssetsChangeInFairValueInOtherIncomeLoss
-3257000
CY2023Q4 chmi Servicing Assets Unpaid Principal Balance
ServicingAssetsUnpaidPrincipalBalance
19972994000
CY2023Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
253629000
CY2023Q4 chmi Investment In Servicing Related Assets Weighted Average Coupon
InvestmentInServicingRelatedAssetsWeightedAverageCoupon
0.0348
CY2023 chmi Investment In Servicing Related Assets Weighted Average Maturity Period
InvestmentInServicingRelatedAssetsWeightedAverageMaturityPeriod
P25Y
CY2023Q4 chmi Investment In Servicing Related Assets Change In Fair Value In Other Income Loss
InvestmentInServicingRelatedAssetsChangeInFairValueInOtherIncomeLoss
-25937000
CY2024Q1 chmi Investment In Servicing Related Assets Unpaid Principal Balance Percentage
InvestmentInServicingRelatedAssetsUnpaidPrincipalBalancePercentage
1
CY2023Q4 chmi Investment In Servicing Related Assets Unpaid Principal Balance Percentage
InvestmentInServicingRelatedAssetsUnpaidPrincipalBalancePercentage
1
CY2024Q1 us-gaap Sale Of Stock Transaction Date
SaleOfStockTransactionDate
2013-10-09
CY2024Q1 chmi Servicing Assets Unpaid Principal Balance
ServicingAssetsUnpaidPrincipalBalance
19623261000
CY2024Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
250380000
CY2024Q1 chmi Investment In Servicing Related Assets Weighted Average Coupon
InvestmentInServicingRelatedAssetsWeightedAverageCoupon
0.0348
CY2024Q1 chmi Investment In Servicing Related Assets Weighted Average Maturity Period
InvestmentInServicingRelatedAssetsWeightedAverageMaturityPeriod
P24Y9M18D
CY2024Q1 chmi Investment In Servicing Related Assets Change In Fair Value In Other Income Loss
InvestmentInServicingRelatedAssetsChangeInFairValueInOtherIncomeLoss
-3257000
CY2023Q4 chmi Servicing Assets Unpaid Principal Balance
ServicingAssetsUnpaidPrincipalBalance
19972994000
CY2023Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
253629000
CY2023Q4 chmi Investment In Servicing Related Assets Weighted Average Coupon
InvestmentInServicingRelatedAssetsWeightedAverageCoupon
0.0348
CY2023 chmi Investment In Servicing Related Assets Weighted Average Maturity Period
InvestmentInServicingRelatedAssetsWeightedAverageMaturityPeriod
P25Y
CY2024Q1 chmi Investment In Servicing Related Assets Unpaid Principal Balance Percentage
InvestmentInServicingRelatedAssetsUnpaidPrincipalBalancePercentage
1
CY2023Q4 chmi Investment In Servicing Related Assets Unpaid Principal Balance Percentage
InvestmentInServicingRelatedAssetsUnpaidPrincipalBalancePercentage
1
CY2024Q1 us-gaap Sale Of Stock Transaction Date
SaleOfStockTransactionDate
2013-10-09
CY2022Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
915464
CY2023Q1 chmi Number Of Units And Shares Remaining Available For Future Issuance Under Equity Compensation Plans In Shares
NumberOfUnitsAndSharesRemainingAvailableForFutureIssuanceUnderEquityCompensationPlansInShares
92200
CY2023Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
6.06
CY2023Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
823264
CY2023Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
2788165
CY2024Q1 chmi Number Of Units And Shares Remaining Available For Future Issuance Under Equity Compensation Plans In Shares
NumberOfUnitsAndSharesRemainingAvailableForFutureIssuanceUnderEquityCompensationPlansInShares
111395
CY2024Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
3.92
CY2024Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
2676770
CY2024Q1 us-gaap Profit Loss
ProfitLoss
12056000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-19322000
CY2024Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
235000
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-377000
CY2024Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2307000
CY2023Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2463000
CY2024Q1 chmi Gain On Repurchase And Retirement Of Preferred Stock
GainOnRepurchaseAndRetirementOfPreferredStock
152000
CY2023Q1 chmi Gain On Repurchase And Retirement Of Preferred Stock
GainOnRepurchaseAndRetirementOfPreferredStock
0
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9666000
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-21408000
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29978134
CY2023Q1 chmi Compensation Reimbursement
CompensationReimbursement
140000
CY2024Q1 chmi Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
1748000
CY2023Q1 chmi Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
1680000
CY2022Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
915464
CY2023Q1 chmi Number Of Units And Shares Remaining Available For Future Issuance Under Equity Compensation Plans In Shares
NumberOfUnitsAndSharesRemainingAvailableForFutureIssuanceUnderEquityCompensationPlansInShares
92200
CY2023Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
6.06
CY2023Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
823264
CY2023Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
2788165
CY2024Q1 chmi Number Of Units And Shares Remaining Available For Future Issuance Under Equity Compensation Plans In Shares
NumberOfUnitsAndSharesRemainingAvailableForFutureIssuanceUnderEquityCompensationPlansInShares
111395
CY2024Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
3.92
CY2024Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
2676770
CY2024Q1 us-gaap Profit Loss
ProfitLoss
12056000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-19322000
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-377000
CY2024Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2307000
CY2023Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2463000
CY2023Q1 chmi Gain On Repurchase And Retirement Of Preferred Stock
GainOnRepurchaseAndRetirementOfPreferredStock
0
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9666000
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-21408000
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29978134
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24662823
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24685241
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.87
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2024Q1 chmi Percentage Of Gross Equity Paid To Manager As Annual Management Fee
PercentageOfGrossEquityPaidToManagerAsAnnualManagementFee
0.015
CY2024Q1 chmi Management Agreement Renewal Period
ManagementAgreementRenewalPeriod
P1Y
CY2024Q1 chmi Management Agreement Subject To Termination Notice Period For Termination To Manager
ManagementAgreementSubjectToTerminationNoticePeriodForTerminationToManager
P30D
CY2024Q1 chmi Management Agreement Subject To Termination Period Of Notice By Manager In The Event Of Default
ManagementAgreementSubjectToTerminationPeriodOfNoticeByManagerInTheEventOfDefault
P60D
CY2024Q1 chmi Management Agreement Subject To Termination Period Of Termination Fee Payment In The Event Of Default
ManagementAgreementSubjectToTerminationPeriodOfTerminationFeePaymentInTheEventOfDefault
P30D
CY2024Q1 us-gaap Management Fee Expense
ManagementFeeExpense
1598000
CY2023Q1 us-gaap Management Fee Expense
ManagementFeeExpense
1540000
CY2024Q1 chmi Compensation Reimbursement
CompensationReimbursement
150000
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24662823
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30019969
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24685241
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.87
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.87
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2024Q1 chmi Percentage Of Gross Equity Paid To Manager As Annual Management Fee
PercentageOfGrossEquityPaidToManagerAsAnnualManagementFee
0.015
CY2024Q1 chmi Management Agreement Renewal Period
ManagementAgreementRenewalPeriod
P1Y
CY2024Q1 chmi Management Agreement Subject To Termination Notice Period For Termination To Manager
ManagementAgreementSubjectToTerminationNoticePeriodForTerminationToManager
P30D
CY2023Q1 chmi Compensation Reimbursement
CompensationReimbursement
140000
CY2024Q1 chmi Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
1748000
CY2023Q1 chmi Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
1680000
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
22637000
CY2024Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
2639000
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
22637000
CY2024Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
2639000
CY2024Q1 us-gaap Derivative Assets
DerivativeAssets
19998000
CY2024Q1 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
19998000
CY2024Q1 chmi Derivative Collateral Obligation To Receive Return Cash
DerivativeCollateralObligationToReceiveReturnCash
0
CY2024Q1 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
0
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
972912000
CY2024Q1 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
2639000
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
970273000
CY2024Q1 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
969437000
CY2024Q1 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
836000
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
0
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
29888000
CY2023Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
10384000
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
19504000
CY2023Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
19504000
CY2023Q4 chmi Derivative Collateral Obligation To Receive Return Cash
DerivativeCollateralObligationToReceiveReturnCash
0
CY2023Q4 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
0
CY2024Q1 us-gaap Derivative Assets
DerivativeAssets
19998000
CY2024Q1 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
19998000
CY2024Q1 chmi Derivative Collateral Obligation To Receive Return Cash
DerivativeCollateralObligationToReceiveReturnCash
0
CY2024Q1 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
0
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
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CY2024Q1 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
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CY2024Q1 us-gaap Derivative Collateral Right To Reclaim Cash
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CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
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CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
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CY2023Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
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CY2023Q4 chmi Derivative Collateral Obligation To Receive Return Cash
DerivativeCollateralObligationToReceiveReturnCash
0
CY2023Q4 us-gaap Derivative Asset Not Offset Policy Election Deduction
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CY2024Q1 chmi Repurchase Agreements Maturity Period
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CY2023 chmi Repurchase Agreements Maturity Period
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CY2024Q1 chmi Repurchase Agreement Obligation Less Than One Month Maturities
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CY2024Q1 chmi Repurchase Agreement Less Than One Month Weighted Average Rate
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CY2024Q1 chmi Repurchase Agreement Weighted Average Rate
RepurchaseAgreementWeightedAverageRate
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CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
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CY2024Q1 chmi Percentage Of Gross Equity Paid To Manager As Annual Management Fee
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CY2024Q1 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
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CY2023 chmi Repurchase Agreements Maturity Period
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CY2024Q1 chmi Repurchase Agreement Obligation Less Than One Month Maturities
RepurchaseAgreementObligationLessThanOneMonthMaturities
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CY2024Q1 chmi Repurchase Agreement Less Than One Month Weighted Average Rate
RepurchaseAgreementLessThanOneMonthWeightedAverageRate
0.0546
CY2024Q1 chmi Repurchase Agreement Obligation One To Three Months Maturities
RepurchaseAgreementObligationOneToThreeMonthsMaturities
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CY2024Q1 chmi Repurchase Agreement One To Three Months Weighted Average Rate
RepurchaseAgreementOneToThreeMonthsWeightedAverageRate
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CY2024Q1 chmi Repurchase Agreement Weighted Average Rate
RepurchaseAgreementWeightedAverageRate
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CY2023Q4 chmi Repurchase Agreement Obligation Less Than One Month Maturities
RepurchaseAgreementObligationLessThanOneMonthMaturities
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CY2023Q4 chmi Repurchase Agreement Less Than One Month Weighted Average Rate
RepurchaseAgreementLessThanOneMonthWeightedAverageRate
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CY2023Q4 chmi Repurchase Agreement Obligation One To Three Months Maturities
RepurchaseAgreementObligationOneToThreeMonthsMaturities
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CY2023Q4 chmi Repurchase Agreement One To Three Months Weighted Average Rate
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SecuritiesSoldUnderAgreementsToRepurchaseGross
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CY2023Q4 chmi Repurchase Agreement Weighted Average Rate
RepurchaseAgreementWeightedAverageRate
0.0555
CY2024Q1 chmi Number Of Overnight And Demand Securities
NumberOfOvernightAndDemandSecurities
0
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NumberOfOvernightAndDemandSecurities
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LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
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CY2023Q4 chmi Repurchase Agreement Less Than One Month Weighted Average Rate
RepurchaseAgreementLessThanOneMonthWeightedAverageRate
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RepurchaseAgreementObligationOneToThreeMonthsMaturities
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RepurchaseAgreementOneToThreeMonthsWeightedAverageRate
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SecuritiesSoldUnderAgreementsToRepurchaseGross
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CY2023Q4 chmi Repurchase Agreement Weighted Average Rate
RepurchaseAgreementWeightedAverageRate
0.0555
CY2024Q1 chmi Number Of Overnight And Demand Securities
NumberOfOvernightAndDemandSecurities
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CY2023 chmi Number Of Overnight And Demand Securities
NumberOfOvernightAndDemandSecurities
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
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CY2024Q1 us-gaap Long Term Debt
LongTermDebt
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LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
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LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
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CY2024Q1 chmi Servicing Advances
ServicingAdvances
10758000
CY2023Q4 chmi Servicing Advances
ServicingAdvances
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CY2024Q1 us-gaap Interest Receivable
InterestReceivable
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InterestReceivable
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CY2024Q1 us-gaap Deferred Income Taxes And Other Tax Receivable Current
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AccountsAndOtherReceivablesNetCurrent
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AccountsAndOtherReceivablesNetCurrent
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CY2024Q1 chmi Receivables And Other Assets
ReceivablesAndOtherAssets
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CY2024Q1 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
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AccruedLiabilitiesAndOtherLiabilities
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CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
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CY2024Q1 chmi Servicing Advances
ServicingAdvances
10758000
CY2023Q4 chmi Servicing Advances
ServicingAdvances
15455000
CY2024Q1 us-gaap Interest Receivable
InterestReceivable
5733000
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
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AccountsAndOtherReceivablesNetCurrent
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AccountsAndOtherReceivablesNetCurrent
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CY2024Q1 chmi Receivables And Other Assets
ReceivablesAndOtherAssets
36141000
CY2023Q4 chmi Receivables And Other Assets
ReceivablesAndOtherAssets
38402000
CY2024Q1 chmi Interest Payable On Repurchase Agreements
InterestPayableOnRepurchaseAgreements
2913000
CY2023Q4 chmi Interest Payable On Repurchase Agreements
InterestPayableOnRepurchaseAgreements
3929000
CY2024Q1 chmi Accrued Interest On Notes Payable
AccruedInterestOnNotesPayable
2015000
CY2023Q4 chmi Accrued Interest On Notes Payable
AccruedInterestOnNotesPayable
2076000
CY2024Q1 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
1493000
CY2023Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
1200000
CY2024Q1 chmi Due To Counterparties
DueToCounterparties
4401000
CY2023Q4 chmi Due To Counterparties
DueToCounterparties
29553000
CY2024Q1 chmi Interest Payable On Repurchase Agreements
InterestPayableOnRepurchaseAgreements
2913000
CY2023Q4 chmi Interest Payable On Repurchase Agreements
InterestPayableOnRepurchaseAgreements
3929000
CY2024Q1 chmi Accrued Interest On Notes Payable
AccruedInterestOnNotesPayable
2015000
CY2023Q4 chmi Accrued Interest On Notes Payable
AccruedInterestOnNotesPayable
2076000
CY2024Q1 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
1493000
CY2023Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
1200000
CY2024Q1 chmi Due To Counterparties
DueToCounterparties
4401000
CY2023Q4 chmi Due To Counterparties
DueToCounterparties
29553000
CY2024Q1 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
10822000
CY2023Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
36758000
CY2024Q1 chmi Percentage Of Taxable Income That Must Be Distributed To Qualify As Areit
PercentageOfTaxableIncomeThatMustBeDistributedToQualifyAsAREIT
0.90
CY2024Q1 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
621000
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DeferredFederalIncomeTaxExpenseBenefit
-537000
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DeferredStateAndLocalIncomeTaxExpenseBenefit
82000
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DeferredStateAndLocalIncomeTaxExpenseBenefit
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IncomeTaxExpenseBenefit
703000
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IncomeTaxExpenseBenefit
-619000
CY2024Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
2680000
CY2024Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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CY2023Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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CY2024Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2024Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
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CY2024Q1 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
2042000
CY2024Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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0.16
CY2024Q1 chmi Percentage Of Taxable Income That Must Be Distributed To Qualify As Areit
PercentageOfTaxableIncomeThatMustBeDistributedToQualifyAsAREIT
0.90
CY2024Q1 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
621000
CY2023Q1 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2024Q1 us-gaap Deferred State And Local Income Tax Expense Benefit
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82000
CY2023Q1 us-gaap Deferred State And Local Income Tax Expense Benefit
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IncomeTaxExpenseBenefit
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CY2024Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2024Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2023Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2024Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2024Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2023Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2024Q1 us-gaap Income Tax Reconciliation Tax Exempt Income
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CY2023Q1 us-gaap Income Tax Reconciliation Tax Exempt Income
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IncomeTaxExpenseBenefit
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CY2024Q1 chmi Deferred Tax Asset Mortgage Servicing Rights
DeferredTaxAssetMortgageServicingRights
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DeferredTaxAssetMortgageServicingRights
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DeferredTaxAssetsOperatingLossCarryforwards
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CY2024Q1 us-gaap Deferred Tax Assets Liabilities Net
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CY2023Q1 us-gaap Income Tax Reconciliation Tax Exempt Income
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CY2024Q1 us-gaap Income Tax Expense Benefit
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CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
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CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
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CY2024Q1 chmi Deferred Tax Asset Mortgage Servicing Rights
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CY2023Q4 chmi Deferred Tax Asset Mortgage Servicing Rights
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CY2024Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
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CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
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false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
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false

Files In Submission

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chmi-20240331_cal.xml Edgar Link unprocessable
chmi-20240331_cal.xml Edgar Link unprocessable
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0001140361-24-024544-index.html Edgar Link pending
0001140361-24-024544.txt Edgar Link pending
0001140361-24-024544-xbrl.zip Edgar Link pending
chmi-20240331.xsd Edgar Link pending
ef20026283_10q.htm Edgar Link pending
ef20026283_ex31-1.htm Edgar Link pending
ef20026283_ex31-2.htm Edgar Link pending
ef20026283_ex32-1.htm Edgar Link pending
ef20026283_ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
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chmi-20240331_def.xml Edgar Link unprocessable
chmi-20240331_lab.xml Edgar Link unprocessable
chmi-20240331_pre.xml Edgar Link unprocessable
ef20026283_10q_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable
0001140361-24-024544-index-headers.html Edgar Link pending
0001140361-24-024544-index.html Edgar Link pending
0001140361-24-024544.txt Edgar Link pending
0001140361-24-024544-xbrl.zip Edgar Link pending
chmi-20240331.xsd Edgar Link pending
ef20026283_10q.htm Edgar Link pending
ef20026283_ex31-1.htm Edgar Link pending
ef20026283_ex31-2.htm Edgar Link pending
ef20026283_ex32-1.htm Edgar Link pending
ef20026283_ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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R1.htm Edgar Link pending
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