2014 Q4 Form 10-K Financial Statement

#000119312515092416 Filed on March 16, 2015

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2014
Revenue $2.400M $5.240M $12.13M
YoY Change -89.74% -48.16%
Cost Of Revenue $1.870M $1.680M $6.870M
YoY Change 35.51% 364.19%
Gross Profit $1.209M $4.078M $7.823M
YoY Change -94.63% -65.28%
Gross Profit Margin 50.38% 77.82% 64.49%
Selling, General & Admin $1.190M $740.0K $3.030M
YoY Change 67.61% 1750.0% 320.83%
% of Gross Profit 98.43% 18.15% 38.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $1.873M $1.263M $5.588M
YoY Change 52.9% 3408.33% 319.52%
Operating Profit -$664.0K $2.815M $2.235M
YoY Change -103.12% -89.46%
Interest Expense $1.190M $1.164M $4.307M
YoY Change 37.25% 396.77%
% of Operating Profit 41.35% 192.71%
Other Income/Expense, Net
YoY Change
Pretax Income -$664.0K $2.815M $2.235M
YoY Change -103.12% -7919.44% -89.46%
Income Tax -$146.0K $1.000K -$140.0K
% Of Pretax Income 0.04% -6.26%
Net Earnings -$518.0K $2.814M $2.375M
YoY Change -102.43% -7916.67% -88.8%
Net Earnings / Revenue -21.58% 53.7% 19.58%
Basic Earnings Per Share -$0.07 $0.37 $0.31
Diluted Earnings Per Share -$0.07 $0.37 $0.31
COMMON SHARES
Basic Shares Outstanding 7.509M shares 7.507M shares 7.506M shares
Diluted Shares Outstanding 7.510M shares 7.510M shares 7.509M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2014
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.40M $13.50M $12.40M
YoY Change 19.23% 19.23%
Cash & Equivalents $12.45M $13.49M $12.40M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $4.900M $3.800M $4.900M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $17.30M $17.30M $17.30M
YoY Change -20.64% -20.64%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $91.32M $96.02M $507.3M
YoY Change -17.21% 27.69%
Other Assets $6.900M $6.300M $6.900M
YoY Change 86.49% 86.49%
Total Long-Term Assets $514.6M $478.4M $514.6M
YoY Change 26.88% 26.87%
TOTAL ASSETS
Total Short-Term Assets $17.30M $17.30M $17.30M
Total Long-Term Assets $514.6M $478.4M $514.6M
Total Assets $531.9M $495.7M $531.9M
YoY Change 24.46% 3343101.13% 24.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $800.0K $500.0K $800.0K
YoY Change 33.33% 33.33%
Accrued Expenses $800.0K $400.0K $800.0K
YoY Change 100.0% 300.0% 100.0%
Deferred Revenue
YoY Change
Short-Term Debt $362.1M $329.2M $362.1M
YoY Change 38.58% 38.58%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $367.5M $333.9M $367.5M
YoY Change 38.31% 333800.0% 38.31%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.100M $1.800M $4.100M
YoY Change 583.33% 583.33%
Total Long-Term Liabilities $4.100M $1.800M $4.100M
YoY Change 583.33% 583.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $367.5M $333.9M $367.5M
Total Long-Term Liabilities $4.100M $1.800M $4.100M
Total Liabilities $371.6M $335.8M $372.2M
YoY Change 39.56% 229680.68% 39.61%
SHAREHOLDERS EQUITY
Retained Earnings $4.799M $9.146M
YoY Change -72.88%
Common Stock $148.3M $75.00K
YoY Change 197677.33% 749900.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $159.8M $159.4M $159.8M
YoY Change
Total Liabilities & Shareholders Equity $531.9M $495.7M $531.9M
YoY Change 24.46% 3343101.13% 24.45%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2014
OPERATING ACTIVITIES
Net Income -$518.0K $2.814M $2.375M
YoY Change -102.43% -7916.67% -88.8%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $5.000M $5.000M $26.51M
YoY Change -194.34% -536.02%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$34.40M -$36.50M -$107.3M
YoY Change -91.18% -72.48%
Cash From Investing Activities -$34.40M -$36.50M -$107.3M
YoY Change -91.18% -72.29%
FINANCING ACTIVITIES
Cash Dividend Paid $14.79M
YoY Change
Common Stock Issuance & Retirement, Net $180.0K
YoY Change -99.88%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 28.40M 30.50M 82.91M
YoY Change -93.0% -79.47%
NET CHANGE
Cash From Operating Activities 5.000M 5.000M 26.51M
Cash From Investing Activities -34.40M -36.50M -107.3M
Cash From Financing Activities 28.40M 30.50M 82.91M
Net Change In Cash -1.000M -1.000M 2.080M
YoY Change -109.62% -79.95%
FREE CASH FLOW
Cash From Operating Activities $5.000M $5.000M $26.51M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2013 us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Available For Sale
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
416695000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
21202000
CY2013 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3375000
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16169000
CY2013 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
-527000
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
21095000
CY2013 us-gaap Net Income Loss
NetIncomeLoss
21202000
CY2013 us-gaap Investment Income Interest
InvestmentIncomeInterest
5475000
CY2013 us-gaap Interest Paid
InterestPaid
178000
CY2013 us-gaap Interest Income Operating
InterestIncomeOperating
5475000
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-5033000
CY2013 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
1312000
CY2013 us-gaap Interest Expense
InterestExpense
867000
CY2013 us-gaap Operating Expenses
OperatingExpenses
1332000
CY2013 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
10374000
CY2013 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
956000
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
7383000
CY2013 us-gaap Certain Loans Acquired In Transfer Accounted For As Heldtomaturity Debt Securities Otherthan Temporary Impairment Charges Credit Loss
CertainLoansAcquiredInTransferAccountedForAsHeldtomaturityDebtSecuritiesOtherthanTemporaryImpairmentChargesCreditLoss
0
CY2013 us-gaap Management Fee Expense
ManagementFeeExpense
549000
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
716000
CY2013 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
616000
CY2013 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1332000
CY2013 us-gaap Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Available For Sale
ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
121785000
CY2013 chmi Repayments For Securities Sold Under Agreements To Repurchase
RepaymentsForSecuritiesSoldUnderAgreementsToRepurchase
379838000
CY2013 chmi Repurchase Agreement Less Than One Month Weighted Average Rate
RepurchaseAgreementLessThanOneMonthWeightedAverageRate
0.0039 pure
CY2013 chmi Available For Sale Securities Bond Maturity Period
AvailableForSaleSecuritiesBondMaturityPeriod
P24Y
CY2013 chmi Noncontrolling Interest Increase From Long Term Incentive Plan Units
NoncontrollingInterestIncreaseFromLongTermIncentivePlanUnits
200000
CY2013 chmi Net Income Loss Available To Common Stockholders And Participating Securities
NetIncomeLossAvailableToCommonStockholdersAndParticipatingSecurities
21202000
CY2013 chmi Investment In Excess Mortgage Servicing Rights Weighted Average Maturity Period
InvestmentInExcessMortgageServicingRightsWeightedAverageMaturityPeriod
P28Y1M6D
CY2013 chmi Repurchase Agreement Weighted Average Rate
RepurchaseAgreementWeightedAverageRate
0.0039 pure
CY2013 chmi Proceeds From Principal Paydown Of Agency Residential Mortgage Backed Security
ProceedsFromPrincipalPaydownOfAgencyResidentialMortgageBackedSecurity
2155000
CY2013 chmi Gain On Sales Of Real Estate Mortgage Backed Securities
GainOnSalesOfRealEstateMortgageBackedSecurities
116000
CY2013 chmi Reimbursement Of Expenses
ReimbursementOfExpenses
67000
CY2013 chmi Unrealized Gain Loss On Excess Of Mortgage Servicing Rights
UnrealizedGainLossOnExcessOfMortgageServicingRights
15647000
CY2013 chmi Repurchase Agreement One To Three Months Weighted Average Rate
RepurchaseAgreementOneToThreeMonthsWeightedAverageRate
0.0040 pure
CY2013 chmi Income Tax Rate Reconciliation Permanent Differences
IncomeTaxRateReconciliationPermanentDifferences
-6071000
CY2013 chmi Payments To Acquire Investments In Excess Of Mortgage Servicing Rights
PaymentsToAcquireInvestmentsInExcessOfMortgageServicingRights
98968000
CY2013 chmi Payments For Deposits Under Repurchase Agreements
PaymentsForDepositsUnderRepurchaseAgreements
3744000
CY2013 chmi Loss On Sales Of Real Estate Mortgage Backed Securities
LossOnSalesOfRealEstateMortgageBackedSecurities
643000
CY2013 chmi Long Term Incentive Plan Units Awards
LongTermIncentivePlanUnitsAwards
200000
CY2013 chmi Effective Income Tax Rate Reconciliation Federal Tax Rate Differential
EffectiveIncomeTaxRateReconciliationFederalTaxRateDifferential
-0.288 pure
CY2013 chmi Available For Sale Securities Net Weighted Average Coupon Rate
AvailableForSaleSecuritiesNetWeightedAverageCouponRate
0.0377 pure
CY2013 chmi Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
616000
CY2013 chmi Number Of Available For Sale Securities
NumberOfAvailableForSaleSecurities
29 Security
CY2013 chmi Proceeds Of Principal In Excess Of Mortgage Servicing Rights
ProceedsOfPrincipalInExcessOfMortgageServicingRights
4309000
CY2013 chmi Proceeds From Borrowings Of Securities Sold Under Agreements To Repurchase
ProceedsFromBorrowingsOfSecuritiesSoldUnderAgreementsToRepurchase
641140000
CY2013 chmi Other Noninterest Income Expense
OtherNoninterestIncomeExpense
17926000
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Entity Registrant Name
EntityRegistrantName
Cherry Hill Mortgage Investment Corporation
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2014 dei Trading Symbol
TradingSymbol
CHMI
CY2014 us-gaap Equity Issuance Dates
EquityIssuanceDates
2013-10-09
CY2014 us-gaap Operations Commenced Date1
OperationsCommencedDate1
2013-10-09
CY2014 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.059 pure
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
24971000
CY2014 us-gaap Property Management Fee Percent Fee
PropertyManagementFeePercentFee
0.015 pure
CY2014 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1000 shares
CY2014 us-gaap Debt Instrument Description Of Variable Rate Basis
DebtInstrumentDescriptionOfVariableRateBasis
Borrowings under repurchase agreements generally bear interest rates of a specified margin over one-month LIBOR and are generally uncommitted.
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.039 pure
CY2014 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
1.00
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>Use of Estimates</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> The preparation of financial statements in conformity with GAAP requires management to make a number of significant estimates and assumptions. These include estimates of fair value of RMBS, Excess MSRs, derivatives and credit losses including the period of time during which the Company anticipates an increase in the fair values of securities sufficient to recover unrealized losses on those securities, and other estimates that affect the reported amounts of certain assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of certain revenues and expenses during the reporting period. It is likely that changes in these estimates (e.g., valuation changes due to supply and demand, credit performance, prepayments, interest rates, or other reasons) will occur in the near term. The Company&#x2019;s estimates are inherently subjective in nature; actual results could differ from its estimates and differences may be material.</p> </div>
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-12-31
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-2.520 pure
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7508827 shares
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
CY2014 us-gaap Interest Income Operating
InterestIncomeOperating
24961000
CY2014 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-157000
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
11674000
CY2014 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
5930000
CY2014 us-gaap Interest Expense
InterestExpense
4307000
CY2014 us-gaap Operating Expenses
OperatingExpenses
5588000
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-22000
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0001571776
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.03
CY2014 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>Derivatives and Hedging Activities</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> Derivative transactions include swaps, swaptions, treasury futures and TBAs. Swaps and swaptions are entered into by CHMI solely for interest rate risk management purposes. TBAs are used for duration risk and basis risk management purposes. The decision of 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 among others. In determining whether to economically hedge a risk, CHMI 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 CHMI. Generally, derivatives entered into are not intended to qualify as hedges under GAAP, unless specifically stated otherwise.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> CHMI&#x2019;s derivative financial instruments contain credit risk to the extent that its bank counterparties may be unable to meet the terms of the agreements. CHMI reduces such risk by limiting its counterparties to major financial institutions. In addition, the potential risk of loss with any one party resulting from this type of credit risk is monitored. Finally, CHMI&#x2019;s interest rate swaps 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.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> <u>Classification</u> <b>&#x2013;</b> All derivatives are recognized as either assets or liabilities on the consolidated balance sheet and measured at fair value. 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 contracts may be offset as long as the following conditions are met: (i)&#xA0;each of the two parties owes the other determinable amounts; (ii)&#xA0;the reporting party has the right to offset the amount owed with the amount owed by the other party; (iii)&#xA0;the reporting party intends to offset; and (iv)&#xA0;the right to offset is enforceable by law. CHMI reports the fair value of derivative instruments gross of cash paid or received pursuant to credit support agreements, and fair value is reflected on a net counterparty basis when CHMI believes a legal right of offset exists under an enforceable master netting agreement. For further discussion on offsetting assets and liabilities, see Note 8.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> <u>Revenue Recognition</u> &#x2013; With respect to derivatives that have not been designated as hedges, any net payments under, or fluctuations in the fair value of, such derivatives have been recognized currently in &#x201C;Realized and unrealized gains (losses) on derivatives, net&#x201D; in the consolidated statements of income. These derivatives may, to some extent, be economically effective as hedges.</p> </div>
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2014 us-gaap Payments Of Dividends
PaymentsOfDividends
14789000
CY2014 us-gaap Payments For Hedge Investing Activities
PaymentsForHedgeInvestingActivities
1585000
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
11674000
CY2014 us-gaap Profit Loss
ProfitLoss
2375000
CY2014 us-gaap Revenue Recognition Dividends
RevenueRecognitionDividends
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>Dividends Payable</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> Because the Company is organized as a REIT under the Code, it is required by law to distribute annually at least 90% of its REIT taxable income, which it does in the form of quarterly dividend payments. The Company accrues the dividend payable on the accounting date, which causes an offsetting reduction in retained earnings.</p> </div>
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Purchased For Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward
0 shares
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7505546 shares
CY2014 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-6564000
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
180000
CY2014 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
20654000
CY2014 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
20654000
CY2014 us-gaap Gross Profit
GrossProfit
7823000
CY2014 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-2643000
CY2014 us-gaap Gain Loss On Investments
GainLossOnInvestments
-9267000
CY2014 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-2058000
CY2014 us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Available For Sale
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
202679000
CY2014 us-gaap Other Operating Income
OtherOperatingIncome
0
CY2014 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
-22000
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
414000
CY2014 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-6930000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2235000
CY2014 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3830000
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14049000
CY2014 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
-60000
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2353000
CY2014 us-gaap Net Income Loss
NetIncomeLoss
2375000
CY2014 us-gaap Investment Income Interest
InvestmentIncomeInterest
24961000
CY2014 us-gaap Interest Paid
InterestPaid
3867000
CY2014 chmi Short Term Debt Maturity Period
ShortTermDebtMaturityPeriod
P1Y
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2072000
CY2014 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
718000
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
824000
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-140000
CY2014 us-gaap Certain Loans Acquired In Transfer Accounted For As Heldtomaturity Debt Securities Otherthan Temporary Impairment Charges Credit Loss
CertainLoansAcquiredInTransferAccountedForAsHeldtomaturityDebtSecuritiesOtherthanTemporaryImpairmentChargesCreditLoss
0
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2014 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
15249000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
82908000
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
180000
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-105807000
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
92000
CY2014 us-gaap Management Fee Expense
ManagementFeeExpense
2150000
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3028000
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-124000
CY2014 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
153000
CY2014 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
5588000
CY2014 us-gaap Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Available For Sale
ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
57511000
CY2014 chmi Common Stock Offering Cost
CommonStockOfferingCost
154000
CY2014 chmi Repayments For Securities Sold Under Agreements To Repurchase
RepaymentsForSecuritiesSoldUnderAgreementsToRepurchase
1410035000
CY2014 chmi Repurchase Agreement Less Than One Month Weighted Average Rate
RepurchaseAgreementLessThanOneMonthWeightedAverageRate
0.0038 pure
CY2014 chmi Repurchase Agreements Maturity
RepurchaseAgreementsMaturity
P63D
CY2014 chmi Initial Public Offering Cost Incurred By Manager
InitialPublicOfferingCostIncurredByManager
1900000
CY2014 chmi Distribution Paid On Long Term Incentive Plan Units
DistributionPaidOnLongTermIncentivePlanUnits
104000
CY2014 chmi Available For Sale Securities Bond Maturity Period
AvailableForSaleSecuritiesBondMaturityPeriod
P23Y
CY2014 chmi Noncontrolling Interest Increase From Long Term Incentive Plan Units
NoncontrollingInterestIncreaseFromLongTermIncentivePlanUnits
320000
CY2014 chmi Net Income Loss Available To Common Stockholders And Participating Securities
NetIncomeLossAvailableToCommonStockholdersAndParticipatingSecurities
2375000
CY2014 chmi Repurchase Agreement Weighted Average Borrowing Rate
RepurchaseAgreementWeightedAverageBorrowingRate
0.0038 pure
CY2014 chmi Management Agreement Renewal Period
ManagementAgreementRenewalPeriod
P1Y
CY2014 chmi Proceeds From Principal Paydown Of Agency Residential Mortgage Backed Security
ProceedsFromPrincipalPaydownOfAgencyResidentialMortgageBackedSecurity
25369000
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-35.00
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1000 shares
CY2014 chmi Percentage Of Gross Equity Paid To Manager As Annual Management Fee
PercentageOfGrossEquityPaidToManagerAsAnnualManagementFee
0.015 pure
CY2014 chmi Manager Termination Description
ManagerTerminationDescription
The Manager’s performance is reviewed annually and may be terminated by the Company for cause without payment of a termination fee, or may be terminated without cause with payment of a termination fee, as defined in the Management Agreement, equal to three times the average annual management fee amount earned by the Manager during the two four-quarter periods ending as of the end of the most recently completed fiscal quarter prior to the effective date of the termination, upon either the affirmative vote of at least two-thirds of the members of the board of directors or the affirmative vote of the holders of at least a majority of the outstanding common stock.
CY2014 chmi Investment In Excess Mortgage Servicing Rights Weighted Average Maturity Period
InvestmentInExcessMortgageServicingRightsWeightedAverageMaturityPeriod
P27Y4M24D
CY2014 chmi Repurchase Agreement Weighted Average Rate
RepurchaseAgreementWeightedAverageRate
0.0038 pure
CY2014 chmi Shares Redemption Description
SharesRedemptionDescription
One share of the Company's common stock, or cash equal to the fair value of a share of the Company's common stock at the time of redemption, for each LTIP-OP Unit
CY2014 chmi Gain On Sales Of Real Estate Mortgage Backed Securities
GainOnSalesOfRealEstateMortgageBackedSecurities
303000
CY2014 chmi Reimbursement Of Expenses
ReimbursementOfExpenses
410000
CY2014 chmi Net Operating Loss Carry Forwards Expiration Year
NetOperatingLossCarryForwardsExpirationYear
2034
CY2014 chmi Percentage Of Offering Expense Cost
PercentageOfOfferingExpenseCost
0.00375 pure
CY2014 chmi Unrealized Gain Loss On Excess Of Mortgage Servicing Rights
UnrealizedGainLossOnExcessOfMortgageServicingRights
-3564000
CY2014 chmi Minimum Percentage Of Reit Taxable Income Required For Distribution Identified Under Condition
MinimumPercentageOfReitTaxableIncomeRequiredForDistributionIdentifiedUnderCondition
0.90 pure
CY2014 chmi Repurchase Agreement One To Three Months Weighted Average Rate
RepurchaseAgreementOneToThreeMonthsWeightedAverageRate
0.0038 pure
CY2014 chmi Income Tax Rate Reconciliation Permanent Differences
IncomeTaxRateReconciliationPermanentDifferences
4874000
CY2013Q1 us-gaap Other Operating Income
OtherOperatingIncome
0
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-35000
CY2014 chmi Payments To Acquire Investments In Excess Of Mortgage Servicing Rights
PaymentsToAcquireInvestmentsInExcessOfMortgageServicingRights
2181000
CY2014 chmi Repurchase Agreement Greater Than Three Months Weighted Average Rate
RepurchaseAgreementGreaterThanThreeMonthsWeightedAverageRate
0.0038 pure
CY2014 chmi Payments For Deposits Under Repurchase Agreements
PaymentsForDepositsUnderRepurchaseAgreements
3203000
CY2014 chmi Taxable Period Disqualified As Reit
TaxablePeriodDisqualifiedAsReit
P4Y
CY2014 chmi Loss On Sales Of Real Estate Mortgage Backed Securities
LossOnSalesOfRealEstateMortgageBackedSecurities
363000
CY2014 chmi Long Term Incentive Plan Units Awards
LongTermIncentivePlanUnitsAwards
320000
CY2014 chmi Effective Income Tax Rate Reconciliation Federal Tax Rate Differential
EffectiveIncomeTaxRateReconciliationFederalTaxRateDifferential
2.072 pure
CY2014 chmi Available For Sale Securities Net Weighted Average Coupon Rate
AvailableForSaleSecuritiesNetWeightedAverageCouponRate
0.0385 pure
CY2014 chmi Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
2560000
CY2014 chmi Long Term Incentive Plan Distributions Paid
LongTermIncentivePlanDistributionsPaid
104000
CY2014 chmi Number Of Available For Sale Securities
NumberOfAvailableForSaleSecurities
54 Security
CY2014 chmi Proceeds Of Principal In Excess Of Mortgage Servicing Rights
ProceedsOfPrincipalInExcessOfMortgageServicingRights
17601000
CY2014 chmi Minimum Percentage Of Net Taxable Income Required For Distribution Identified Under Condition
MinimumPercentageOfNetTaxableIncomeRequiredForDistributionIdentifiedUnderCondition
0.90 pure
CY2014 chmi Proceeds From Borrowings Of Securities Sold Under Agreements To Repurchase
ProceedsFromBorrowingsOfSecuritiesSoldUnderAgreementsToRepurchase
1510859000
CY2014 chmi Other Noninterest Income Expense
OtherNoninterestIncomeExpense
-12831000
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-25.00
CY2012Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1000 shares
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-25.00
CY2012Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1000 shares
CY2012Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1000
CY2012Q4 us-gaap Profit Loss
ProfitLoss
-25000
CY2012Q4 us-gaap Other Operating Income
OtherOperatingIncome
0
CY2012Q4 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
CY2012Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-25000
CY2012Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-25000
CY2012Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-25000
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
-25000
CY2012Q4 us-gaap Operating Expenses
OperatingExpenses
25000
CY2012Q4 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1000
CY2012Q4 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
25000
CY2012Q4 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
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CY2012Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2012Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
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CY2012Q4 us-gaap Other Cost And Expense Operating
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CY2012Q4 chmi Net Income Loss Available To Common Stockholders And Participating Securities
NetIncomeLossAvailableToCommonStockholdersAndParticipatingSecurities
-25000
CY2013Q1 us-gaap Earnings Per Share Diluted
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OperatingExpenses
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EarningsPerShareDiluted
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WeightedAverageNumberOfDilutedSharesOutstanding
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EarningsPerShareBasic
0.10
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WeightedAverageNumberOfSharesOutstandingBasic
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CY2014Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
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CY2014Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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CY2014Q1 us-gaap Gross Profit
GrossProfit
1870000
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GainLossOnSaleOfDerivatives
-72000
CY2014Q1 us-gaap Other Operating Income
OtherOperatingIncome
0
CY2014Q1 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
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CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
738000
CY2014Q1 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
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CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
731000
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
735000
CY2014Q1 us-gaap Interest Income Operating
InterestIncomeOperating
6011000
CY2014Q1 us-gaap Interest Expense
InterestExpense
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CY2014Q1 us-gaap Operating Expenses
OperatingExpenses
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CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000
CY2014Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
453000
CY2014Q1 chmi Unrealized Gain Loss On Excess Of Mortgage Servicing Rights
UnrealizedGainLossOnExcessOfMortgageServicingRights
670000
CY2014Q1 chmi Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
679000
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-36.00
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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EarningsPerShareBasic
-36.00
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WeightedAverageNumberOfSharesOutstandingBasic
1000 shares
CY2013Q2 us-gaap Other Operating Income
OtherOperatingIncome
0
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-36000
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-36000
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2013Q2 us-gaap Operating Expenses
OperatingExpenses
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CY2013Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
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CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
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WeightedAverageNumberOfDilutedSharesOutstanding
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EarningsPerShareBasic
-0.09
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2014Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2705000
CY2014Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5131000
CY2014Q2 us-gaap Gross Profit
GrossProfit
666000
CY2014Q2 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-187000
CY2014Q2 us-gaap Other Operating Income
OtherOperatingIncome
0
CY2014Q2 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
3000
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-654000
CY2014Q2 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
75000
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-653000
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
-656000
CY2014Q2 us-gaap Interest Income Operating
InterestIncomeOperating
6137000
CY2014Q2 us-gaap Interest Expense
InterestExpense
1006000
CY2014Q2 us-gaap Operating Expenses
OperatingExpenses
1320000
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2000
CY2014Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
641000
CY2014Q2 chmi Unrealized Gain Loss On Excess Of Mortgage Servicing Rights
UnrealizedGainLossOnExcessOfMortgageServicingRights
-1648000
CY2014Q2 chmi Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
679000
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-36.00
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1000 shares
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-36.00
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1000 shares
CY2013Q3 us-gaap Other Operating Income
OtherOperatingIncome
0
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-36000
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-36000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-36000
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
36000
CY2013Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
36000
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7509543 shares
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7506560 shares
CY2014Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2025000
CY2014Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5080000
CY2014Q3 us-gaap Gross Profit
GrossProfit
4078000
CY2014Q3 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-1025000
CY2014Q3 us-gaap Other Operating Income
OtherOperatingIncome
0
CY2014Q3 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
-26000
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2815000
CY2014Q3 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
48000
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2788000
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
2814000
CY2014Q3 us-gaap Interest Income Operating
InterestIncomeOperating
6244000
CY2014Q3 us-gaap Interest Expense
InterestExpense
1164000
CY2014Q3 us-gaap Operating Expenses
OperatingExpenses
1263000
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1000
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
743000
CY2014Q3 chmi Unrealized Gain Loss On Excess Of Mortgage Servicing Rights
UnrealizedGainLossOnExcessOfMortgageServicingRights
-2050000
CY2014Q3 chmi Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
520000
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.14
CY2013Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.14
CY2013Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6750100 shares
CY2013Q4 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2747000
CY2013Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4608000
CY2013Q4 us-gaap Gross Profit
GrossProfit
22534000
CY2013Q4 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
59000
CY2013Q4 us-gaap Other Operating Income
OtherOperatingIncome
0
CY2013Q4 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
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CY2013Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
21309000
CY2013Q4 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
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CY2013Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
21202000
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
21309000
CY2013Q4 us-gaap Interest Income Operating
InterestIncomeOperating
5475000
CY2013Q4 us-gaap Interest Expense
InterestExpense
867000
CY2013Q4 us-gaap Operating Expenses
OperatingExpenses
1225000
CY2013Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
609000
CY2013Q4 chmi Unrealized Gain Loss On Excess Of Mortgage Servicing Rights
UnrealizedGainLossOnExcessOfMortgageServicingRights
15647000
CY2013Q4 chmi Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
616000
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2014Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7509543 shares
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2014Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2014Q4 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
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CY2014Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5379000
CY2014Q4 us-gaap Gross Profit
GrossProfit
1209000
CY2014Q4 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-1359000
CY2014Q4 us-gaap Other Operating Income
OtherOperatingIncome
0
CY2014Q4 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
5000
CY2014Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-664000
CY2014Q4 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
166000
CY2014Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-513000
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
-518000
CY2014Q4 us-gaap Interest Income Operating
InterestIncomeOperating
6569000
CY2014Q4 us-gaap Interest Expense
InterestExpense
1190000
CY2014Q4 us-gaap Operating Expenses
OperatingExpenses
1873000
CY2014Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-146000
CY2014Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1191000
CY2014Q4 chmi Unrealized Gain Loss On Excess Of Mortgage Servicing Rights
UnrealizedGainLossOnExcessOfMortgageServicingRights
-536000
CY2014Q4 chmi Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
682000

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