$MITT
AG Mortgage Investment Trust, Inc.

2015 Q1 Form 10-Q Financial Statement

#000114420415028352 Filed on May 07, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q4 2014 Q1
Revenue $36.38M $35.15M $34.14M
YoY Change 6.56% -4.59% -11.6%
Cost Of Revenue $10.20M $9.470M $8.650M
YoY Change 17.92% 14.1% -11.19%
Gross Profit $26.18M $25.68M $25.50M
YoY Change 2.67% -10.02% -11.7%
Gross Profit Margin 71.96% 73.06% 74.69%
Selling, General & Admin $450.0K $440.0K $580.0K
YoY Change -22.41% 175.0% -4.92%
% of Gross Profit 1.72% 1.71% 2.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $3.530M $3.790M $3.220M
YoY Change 9.63% 17.7% 11.81%
Operating Profit $22.65M $21.89M $22.28M
YoY Change 1.66% -13.55% -14.31%
Interest Expense $7.514M $6.747M $6.147M
YoY Change 22.25% 16.26% -10.61%
% of Operating Profit 33.18% 30.82% 27.59%
Other Income/Expense, Net -$10.74M -$6.757M $8.554M
YoY Change -225.54% -20.72% -229.87%
Pretax Income $11.88M $15.13M $30.82M
YoY Change -61.45% -9.92% 58.84%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $12.76M $14.65M $31.19M
YoY Change -59.07% -13.21% 85.96%
Net Earnings / Revenue 35.08% 41.69% 91.35%
Basic Earnings Per Share $0.33 $0.40 $0.98
Diluted Earnings Per Share $0.33 $0.40 $0.98
COMMON SHARES
Basic Shares Outstanding 28.39M shares 28.39M shares 28.37M shares
Diluted Shares Outstanding 28.41M shares 28.37M shares

Balance Sheet

Concept 2015 Q1 2014 Q4 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $42.10M $64.40M $33.30M
YoY Change 26.43% -25.29% -18.18%
Cash & Equivalents $42.10M $64.36M $33.25M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $4.800M $4.600M $152.5M
Other Receivables $36.90M $11.90M $55.60M
Total Short-Term Assets $83.80M $80.90M $91.80M
YoY Change -8.71% -36.35% -57.32%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.276B $3.163B $3.699B
YoY Change -11.45% -9.56% -21.45%
Other Assets $30.70M $34.50M $13.50M
YoY Change 127.41% 858.33% 229.27%
Total Long-Term Assets $3.476B $3.378B $3.800B
YoY Change -8.52% -5.06% -19.41%
TOTAL ASSETS
Total Short-Term Assets $83.80M $80.90M $91.80M
Total Long-Term Assets $3.476B $3.378B $3.800B
Total Assets $3.560B $3.458B $3.891B
YoY Change -8.52% -6.14% -21.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $69.10M $8.900M $38.80M
YoY Change 78.09% -74.72% -55.25%
Accrued Expenses $5.000M $4.700M $4.500M
YoY Change 11.11% -9.62% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $2.671B $2.645B $3.069B
YoY Change -12.99% -8.53% -22.92%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.787B $2.677B $3.173B
YoY Change -12.16% -10.09% -23.15%
LONG-TERM LIABILITIES
Long-Term Debt $38.40M $39.80M $0.00
YoY Change
Other Long-Term Liabilities $8.800M $8.600M $3.200M
YoY Change 175.0% 290.91%
Total Long-Term Liabilities $47.20M $48.40M $3.200M
YoY Change 1375.0% 2100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.787B $2.677B $3.173B
Total Long-Term Liabilities $47.20M $48.40M $3.200M
Total Liabilities $2.835B $2.726B $3.176B
YoY Change -10.75% -8.54% -23.07%
SHAREHOLDERS EQUITY
Retained Earnings -$14.87M -$31.89M
YoY Change -65.15%
Common Stock $283.9K $283.7K
YoY Change 0.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $725.1M $732.7M $715.4M
YoY Change
Total Liabilities & Shareholders Equity $3.560B $3.458B $3.891B
YoY Change -8.53% -6.14% -21.06%

Cashflow Statement

Concept 2015 Q1 2014 Q4 2014 Q1
OPERATING ACTIVITIES
Net Income $12.76M $14.65M $31.19M
YoY Change -59.07% -13.21% 85.96%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $14.40M $4.000M $4.400M
YoY Change 227.27% -91.58% -87.91%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$1.549M $96.00M $4.811M
YoY Change -132.19% -8.92% -101.57%
Cash From Investing Activities $73.00M $96.00M -$188.8M
YoY Change -138.67% -8.92% -38.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -118.5M -96.80M 112.3M
YoY Change -205.52% 20.85% -30.29%
NET CHANGE
Cash From Operating Activities 14.40M 4.000M 4.400M
Cash From Investing Activities 73.00M 96.00M -188.8M
Cash From Financing Activities -118.5M -96.80M 112.3M
Net Change In Cash -31.10M 3.200M -72.10M
YoY Change -56.87% -95.6% -33.79%
FREE CASH FLOW
Cash From Operating Activities $14.40M $4.000M $4.400M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q1 us-gaap Accounts Payable Trade Current And Noncurrent
AccountsPayableTradeCurrentAndNoncurrent
63437176 USD
CY2014Q4 us-gaap Accounts Payable Trade Current And Noncurrent
AccountsPayableTradeCurrentAndNoncurrent
0 USD
CY2014Q4 us-gaap Assets
Assets
3458405131 USD
CY2015Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
2670615233 USD
CY2014Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
2644955948 USD
CY2015Q1 us-gaap Assets
Assets
3559704682 USD
CY2015Q1 mitt Receivable Under Reverse Repurchase Agreements
ReceivableUnderReverseRepurchaseAgreements
25125000 USD
CY2014Q4 mitt Receivable Under Reverse Repurchase Agreements
ReceivableUnderReverseRepurchaseAgreements
0 USD
CY2015Q1 us-gaap Derivative Assets
DerivativeAssets
4031370 USD
CY2015Q1 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
82392720 USD
CY2014Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
85089859 USD
CY2014Q4 us-gaap Due From Correspondent Brokers
DueFromCorrespondentBrokers
4586912 USD
CY2014Q4 us-gaap Other Assets
OtherAssets
10543072 USD
CY2015Q1 us-gaap Other Assets
OtherAssets
10142710 USD
CY2015Q1 us-gaap Due From Correspondent Brokers
DueFromCorrespondentBrokers
4826056 USD
CY2015Q1 us-gaap Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
25009766 USD
CY2014Q4 us-gaap Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
0 USD
CY2014Q4 us-gaap Certain Loans Acquired In Transfer Accounted For As Available For Sale Debt Securities Accretable Yield
CertainLoansAcquiredInTransferAccountedForAsAvailableForSaleDebtSecuritiesAccretableYield
38008263 USD
CY2015Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
28387615 shares
CY2015Q1 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
800000 USD
CY2015Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses
6320637 USD
CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
224261493 USD
CY2015Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses
2790200 USD
CY2015Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
450000000 shares
CY2015Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
28387615 shares
CY2015Q1 mitt Description Of Real Estate Investment Trust For Federal Income Tax Purposes
DescriptionOfRealEstateInvestmentTrustForFederalIncomeTaxPurposes
As a REIT, if the Company fails to distribute in any calendar year (subject to specific timing rules for certain dividends paid in January) at least the sum of (i) 85% of its ordinary income for such year, (ii) 95% of its capital gain net income for such year, and (iii) any undistributed taxable income from the prior year, the Company would be subject to a non-deductible 4% excise tax on the excess of such required distribution over the sum of (i) the amounts actually distributed and (ii) the amounts of income retained and on which the Company has paid corporate income tax
CY2015Q1 us-gaap Investment Owned Underlying Face Amount At Market Value
InvestmentOwnedUnderlyingFaceAmountAtMarketValue
4289246622 USD
CY2014Q4 us-gaap Investment Owned Underlying Face Amount At Market Value
InvestmentOwnedUnderlyingFaceAmountAtMarketValue
4006448684 USD
CY2015Q1 mitt Available For Sale Securities Unamortized Premium Discount
AvailableForSaleSecuritiesUnamortizedPremiumDiscount
-1211398420 USD
CY2015Q1 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
3077848202 USD
CY2014Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
3064936406 USD
CY2014 us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
61620967 USD
CY2015Q1 us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
72712033 USD
CY2014 us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
10950804 USD
CY2015Q1 us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
9110837 USD
CY2015Q1 us-gaap Available For Sale Securities
AvailableForSaleSecurities
3141449398 USD
CY2014Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
3115606569 USD
CY2015Q1 mitt Securities Weighted Average Coupon
SecuritiesWeightedAverageCoupon
0.0368 pure
CY2014Q4 mitt Securities Weighted Average Coupon
SecuritiesWeightedAverageCoupon
0.0397 pure
CY2015Q1 mitt Available For Sale Securities Weighted Average Yield Rate
AvailableForSaleSecuritiesWeightedAverageYieldRate
0.0431 pure
CY2014Q4 mitt Available For Sale Securities Weighted Average Yield Rate
AvailableForSaleSecuritiesWeightedAverageYieldRate
0.0431 pure
CY2015Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
438800357 USD
CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
551097657 USD
CY2014 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses
6921385 USD
CY2015Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
90771025 USD
CY2014 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses
4029419 USD
CY2015Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2015Q1 mitt Number Of Securities Sold
NumberOfSecuritiesSold
18 pure
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Not Credit Loss Net Of Tax Debt Securities
AccumulatedOtherComprehensiveIncomeLossOtherThanTemporaryImpairmentNotCreditLossNetOfTaxDebtSecurities
2700000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Not Credit Loss Net Of Tax Debt Securities
AccumulatedOtherComprehensiveIncomeLossOtherThanTemporaryImpairmentNotCreditLossNetOfTaxDebtSecurities
600000 USD
CY2014Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
600000 USD
CY2015Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
2700000 USD
CY2014 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.98 pure
CY2015Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.97 pure
CY2013Q4 us-gaap Certain Loans Acquired In Transfer Accounted For As Available For Sale Debt Securities Accretable Yield
CertainLoansAcquiredInTransferAccountedForAsAvailableForSaleDebtSecuritiesAccretableYield
0 USD
CY2014Q1 us-gaap Certain Loans Acquired In Transfer Accounted For As Available For Sale Debt Securities Accretable Yield Additions
CertainLoansAcquiredInTransferAccountedForAsAvailableForSaleDebtSecuritiesAccretableYieldAdditions
17159216 USD
CY2015Q1 us-gaap Certain Loans Acquired In Transfer Accounted For As Available For Sale Debt Securities Accretable Yield Additions
CertainLoansAcquiredInTransferAccountedForAsAvailableForSaleDebtSecuritiesAccretableYieldAdditions
0 USD
CY2014Q1 us-gaap Certain Loans Acquired In Transfer Accounted For As Available For Sale Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferAccountedForAsAvailableForSaleDebtSecuritiesAccretableYieldAccretion
243898 USD
CY2015Q1 us-gaap Certain Loans Acquired In Transfer Accounted For As Available For Sale Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferAccountedForAsAvailableForSaleDebtSecuritiesAccretableYieldAccretion
1865295 USD
CY2014Q1 us-gaap Certain Loans Acquired In Transfer Accounted For As Available For Sale Debt Securities Accretable Yield Reclassifications From Nonaccretable Difference
CertainLoansAcquiredInTransferAccountedForAsAvailableForSaleDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference
0 USD
CY2015Q1 us-gaap Certain Loans Acquired In Transfer Accounted For As Available For Sale Debt Securities Accretable Yield Reclassifications From Nonaccretable Difference
CertainLoansAcquiredInTransferAccountedForAsAvailableForSaleDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference
4356113 USD
CY2014Q1 us-gaap Certain Loans Acquired In Transfer Accounted For As Available For Sale Debt Securities Accretable Yield Disposals Of Loans
CertainLoansAcquiredInTransferAccountedForAsAvailableForSaleDebtSecuritiesAccretableYieldDisposalsOfLoans
0 USD
CY2015Q1 us-gaap Certain Loans Acquired In Transfer Accounted For As Available For Sale Debt Securities Accretable Yield Disposals Of Loans
CertainLoansAcquiredInTransferAccountedForAsAvailableForSaleDebtSecuritiesAccretableYieldDisposalsOfLoans
1041317 USD
CY2014Q1 us-gaap Certain Loans Acquired In Transfer Accounted For As Available For Sale Debt Securities Accretable Yield
CertainLoansAcquiredInTransferAccountedForAsAvailableForSaleDebtSecuritiesAccretableYield
16915318 USD
CY2015Q1 us-gaap Certain Loans Acquired In Transfer Accounted For As Available For Sale Debt Securities Accretable Yield
CertainLoansAcquiredInTransferAccountedForAsAvailableForSaleDebtSecuritiesAccretableYield
39457764 USD
CY2015Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
3401932910 USD
CY2014Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
3312202508 USD
CY2015Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
72227605 USD
CY2014Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
48386123 USD
CY2015Q1 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
3843396 USD
CY2014Q1 us-gaap Interest Income Operating
InterestIncomeOperating
34142740 USD
CY2015Q1 us-gaap Interest Income Operating
InterestIncomeOperating
36380265 USD
CY2014Q1 us-gaap Interest Expense
InterestExpense
6146587 USD
CY2015Q1 us-gaap Interest Expense
InterestExpense
7514178 USD
CY2014Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
27996153 USD
CY2015Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
28866087 USD
CY2014Q1 us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
548860 USD
CY2015Q1 us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
-9649926 USD
CY2014Q1 mitt Gain Loss On Linked Transactions
GainLossOnLinkedTransactions
4126741 USD
CY2015Q1 mitt Gain Loss On Linked Transactions
GainLossOnLinkedTransactions
0 USD
CY2014Q1 mitt Realized Loss On Periodic Interest Settlements Of Interest Rate Swaps Net
RealizedLossOnPeriodicInterestSettlementsOfInterestRateSwapsNet
6307857 USD
CY2015Q1 mitt Realized Loss On Periodic Interest Settlements Of Interest Rate Swaps Net
RealizedLossOnPeriodicInterestSettlementsOfInterestRateSwapsNet
3461227 USD
CY2014Q1 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
29367044 USD
CY2015Q1 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
11259718 USD
CY2014Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-19180715 USD
CY2015Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-8920798 USD
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8554073 USD
CY2015Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-10772233 USD
CY2014Q1 us-gaap Management Fee Expense
ManagementFeeExpense
2500525 USD
CY2015Q1 us-gaap Management Fee Expense
ManagementFeeExpense
2507090 USD
CY2014Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2643681 USD
CY2015Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
3077998 USD
CY2014Q1 mitt Servicing Fees Paid
ServicingFeesPaid
0 USD
CY2015Q1 mitt Servicing Fees Paid
ServicingFeesPaid
174999 USD
CY2014Q1 mitt Equity Based Compensation To Affiliate
EquityBasedCompensationToAffiliate
81073 USD
CY2015Q1 mitt Equity Based Compensation To Affiliate
EquityBasedCompensationToAffiliate
76680 USD
CY2014Q1 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
500000 USD
CY2015Q1 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
375000 USD
CY2014Q1 us-gaap Noninterest Expense
NoninterestExpense
5725279 USD
CY2015Q1 us-gaap Noninterest Expense
NoninterestExpense
6211767 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
30824947 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11882087 USD
CY2014Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
361295 USD
CY2015Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
881355 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
31186242 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
12763442 USD
CY2014Q1 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
3367354 USD
CY2015Q1 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
3367354 USD
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
27818888 USD
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9396088 USD
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.98
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.98
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28371419 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28387615 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28373794 shares
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28412205 shares
CY2015Q1 us-gaap Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
2522352499 USD
CY2014Q4 us-gaap Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
2571882230 USD
CY2015Q1 us-gaap Assets Sold Under Agreements To Repurchase Interest Rate
AssetsSoldUnderAgreementsToRepurchaseInterestRate
0.0103 pure
CY2014Q4 us-gaap Assets Sold Under Agreements To Repurchase Interest Rate
AssetsSoldUnderAgreementsToRepurchaseInterestRate
0.0093 pure
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
704430734 USD
CY2014Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
127150 USD
CY2015Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
106653 USD
CY2014Q1 us-gaap Dividends
Dividends
17024351 USD
CY2015Q1 us-gaap Dividends
Dividends
17032569 USD
CY2014Q1 mitt Preferred Series Dividends Declared
PreferredSeriesDividendsDeclared
1067354 USD
CY2015Q1 mitt Preferred Series Dividends Declared
PreferredSeriesDividendsDeclared
1067354 USD
CY2014Q1 mitt Preferred Series B Dividends Declared
PreferredSeriesBDividendsDeclared
2300000 USD
CY2015Q1 mitt Preferred Series B Dividends Declared
PreferredSeriesBDividendsDeclared
2300000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
715352421 USD
CY2015Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
5491860 USD
CY2014Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
2922253 USD
CY2015Q1 mitt Unrealized Gain Loss On Linked Transactions Net
UnrealizedGainLossOnLinkedTransactionsNet
0 USD
CY2014Q1 mitt Unrealized Gain Loss On Linked Transactions Net
UnrealizedGainLossOnLinkedTransactionsNet
-386168 USD
CY2015Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-8920798 USD
CY2014Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-19180715 USD
CY2015Q1 us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
11259718 USD
CY2014Q1 us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
29367044 USD
CY2015Q1 mitt Share Based Compensation To Affiliates
ShareBasedCompensationToAffiliates
76680 USD
CY2014Q1 mitt Share Based Compensation To Affiliates
ShareBasedCompensationToAffiliates
81073 USD
CY2015Q1 us-gaap Share Based Compensation
ShareBasedCompensation
29973 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
50103 USD
CY2015Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-490583 USD
CY2014Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
339191 USD
CY2015Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-276995 USD
CY2014Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
252628 USD
CY2015Q1 us-gaap Increase Decrease In Brokerage Receivables
IncreaseDecreaseInBrokerageReceivables
239144 USD
CY2014Q1 us-gaap Increase Decrease In Brokerage Receivables
IncreaseDecreaseInBrokerageReceivables
-372589 USD
CY2015Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-1417363 USD
CY2014Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
856985 USD
CY2015Q1 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-434441 USD
CY2014Q1 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-483771 USD
CY2015Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
91565 USD
CY2014Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
384631 USD
CY2015Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1147325 USD
CY2014Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
0 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
23293831 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
23557452 USD
CY2015Q1 us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
270027414 USD
CY2014Q1 us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
240437084 USD
CY2015Q1 us-gaap Payments To Purchase Mortgage Loans Held For Sale
PaymentsToPurchaseMortgageLoansHeldForSale
0 USD
CY2014Q1 us-gaap Payments To Purchase Mortgage Loans Held For Sale
PaymentsToPurchaseMortgageLoansHeldForSale
35075171 USD
CY2015Q1 us-gaap Payments To Purchase Other Loans Held For Sale
PaymentsToPurchaseOtherLoansHeldForSale
0 USD
CY2014Q1 us-gaap Payments To Purchase Other Loans Held For Sale
PaymentsToPurchaseOtherLoansHeldForSale
9927833 USD
CY2015Q1 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
12150900 USD
CY2014Q1 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
11358666 USD
CY2015Q1 mitt Payments For Purchase Of Securities Underlying Linked Transactions
PaymentsForPurchaseOfSecuritiesUnderlyingLinkedTransactions
0 USD
CY2014Q1 mitt Payments For Purchase Of Securities Underlying Linked Transactions
PaymentsForPurchaseOfSecuritiesUnderlyingLinkedTransactions
22064245 USD
CY2015Q1 us-gaap Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
326102175 USD
CY2014Q1 us-gaap Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
29794180 USD
CY2015Q1 mitt Proceeds From Principal Repayments On Securities Underlying Linked Transactions
ProceedsFromPrincipalRepaymentsOnSecuritiesUnderlyingLinkedTransactions
0 USD
CY2014Q1 mitt Proceeds From Principal Repayments On Securities Underlying Linked Transactions
ProceedsFromPrincipalRepaymentsOnSecuritiesUnderlyingLinkedTransactions
9678945 USD
CY2015Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
101246269 USD
CY2014Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
79295393 USD
CY2015Q1 mitt Principal Repayments On Residential Mortgage Loans
PrincipalRepaymentsOnResidentialMortgageLoans
-1858700 USD
CY2014Q1 mitt Principal Repayments On Residential Mortgage Loans
PrincipalRepaymentsOnResidentialMortgageLoans
0 USD
CY2015Q1 mitt Principal Repayments On Securities Underlying Linked Transactions
PrincipalRepaymentsOnSecuritiesUnderlyingLinkedTransactions
0 USD
CY2014Q1 mitt Principal Repayments On Securities Underlying Linked Transactions
PrincipalRepaymentsOnSecuritiesUnderlyingLinkedTransactions
27469319 USD
CY2015Q1 mitt Receipt Of Premium For Interest Rate Swaptions
ReceiptOfPremiumForInterestRateSwaptions
0 USD
CY2014Q1 mitt Receipt Of Premium For Interest Rate Swaptions
ReceiptOfPremiumForInterestRateSwaptions
433750 USD
CY2015Q1 mitt Payment Of Premium For Interest Rate Swaptions
PaymentOfPremiumForInterestRateSwaptions
0 USD
CY2014Q1 mitt Payment Of Premium For Interest Rate Swaptions
PaymentOfPremiumForInterestRateSwaptions
300000 USD
CY2015Q1 mitt Net Proceeds Payments For Securities Purchased Under Agreements To Resell
NetProceedsPaymentsForSecuritiesPurchasedUnderAgreementsToResell
-25132464 USD
CY2014Q1 mitt Net Proceeds Payments For Securities Purchased Under Agreements To Resell
NetProceedsPaymentsForSecuritiesPurchasedUnderAgreementsToResell
-15844597 USD
CY2015Q1 mitt Net Proceeds Payments For Us Treasury Securities Purchased Under Agreements To Resell
NetProceedsPaymentsForUsTreasurySecuritiesPurchasedUnderAgreementsToResell
24015493 USD
CY2014Q1 mitt Net Proceeds Payments For Us Treasury Securities Purchased Under Agreements To Resell
NetProceedsPaymentsForUsTreasurySecuritiesPurchasedUnderAgreementsToResell
14968756 USD
CY2015Q1 mitt Net Settlement Of Interest Rate Swaps
NetSettlementOfInterestRateSwaps
12095409 USD
CY2014Q1 mitt Net Settlement Of Interest Rate Swaps
NetSettlementOfInterestRateSwaps
-652643 USD
CY2015Q1 mitt Net Settlement Of Securities To Be Announced
NetSettlementOfSecuritiesToBeAnnounced
-2155078 USD
CY2014Q1 mitt Net Settlement Of Securities To Be Announced
NetSettlementOfSecuritiesToBeAnnounced
0 USD
CY2015Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1548985 USD
CY2014Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
4811377 USD
CY2015Q1 us-gaap Increase Decrease In Restricted Cash And Investments
IncreaseDecreaseInRestrictedCashAndInvestments
-11496435 USD
CY2014Q1 us-gaap Increase Decrease In Restricted Cash And Investments
IncreaseDecreaseInRestrictedCashAndInvestments
11495662 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
72984542 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-188831863 USD
CY2015Q1 mitt Collateral Received From Held By Derivative Counter Party
CollateralReceivedFromHeldByDerivativeCounterParty
11862625 USD
CY2014Q1 mitt Collateral Received From Held By Derivative Counter Party
CollateralReceivedFromHeldByDerivativeCounterParty
9509852 USD
CY2015Q1 mitt Collateral Received From Held By Repurchase Counterparty
CollateralReceivedFromHeldByRepurchaseCounterparty
-1431981 USD
CY2014Q1 mitt Collateral Received From Held By Repurchase Counterparty
CollateralReceivedFromHeldByRepurchaseCounterparty
-959845 USD
CY2015Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
17031609 USD
CY2014Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
17020893 USD
CY2015Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3367354 USD
CY2014Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3367354 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-118534195 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
112337373 USD
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-52937038 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
33252973 USD
CY2015Q1 mitt Unlinked Securities
UnlinkedSecurities
0 USD
CY2015Q1 mitt Unlinked Repurchase Agreements
UnlinkedRepurchaseAgreements
0 USD
CY2014Q1 mitt Unlinked Repurchase Agreements
UnlinkedRepurchaseAgreements
21013315 USD
CY2015Q1 mitt Transfer Mortgage Loans
TransferMortgageLoans
1002533 USD
CY2014Q1 mitt Transfer Mortgage Loans
TransferMortgageLoans
0 USD
CY2015Q1 mitt Dividends Declared But Not Paid
DividendsDeclaredButNotPaid
17032569 USD
CY2014Q1 mitt Dividends Declared But Not Paid
DividendsDeclaredButNotPaid
17024351 USD
CY2015Q1 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
0 USD
CY2014Q1 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
-871813 USD
CY2015Q1 mitt Borrowings Under Repurchase Agreements
BorrowingsUnderRepurchaseAgreements
7248785207 USD
CY2014Q1 mitt Borrowings Under Repurchase Agreements
BorrowingsUnderRepurchaseAgreements
5267402235 USD
CY2015Q1 mitt Borrowings Under Repurchase Agreements Underlying Linked Transactions
BorrowingsUnderRepurchaseAgreementsUnderlyingLinkedTransactions
0 USD
CY2014Q1 mitt Borrowings Under Repurchase Agreements Underlying Linked Transactions
BorrowingsUnderRepurchaseAgreementsUnderlyingLinkedTransactions
464748879 USD
CY2015Q1 mitt Repayments Of Repurchase Agreements
RepaymentsOfRepurchaseAgreements
7336489795 USD
CY2014Q1 mitt Repayments Of Repurchase Agreements
RepaymentsOfRepurchaseAgreements
5089859251 USD
CY2015Q1 mitt Repayments Of Repurchase Agreements Underlying Linked Transactions
RepaymentsOfRepurchaseAgreementsUnderlyingLinkedTransactions
0 USD
CY2014Q1 mitt Repayments Of Repurchase Agreements Underlying Linked Transactions
RepaymentsOfRepurchaseAgreementsUnderlyingLinkedTransactions
501016236 USD
CY2015Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
1007500 shares
CY2014Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
1007500 shares
CY2015Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
24590 shares
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-22255822 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
86190011 USD
CY2015Q1 us-gaap Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
7156994 USD
CY2014Q1 us-gaap Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
7274129 USD
CY2015Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
1522625 USD
CY2014Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
1372482 USD
CY2014Q1 mitt Unlinked Securities
UnlinkedSecurities
26753471 USD
CY2014Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2375 shares
CY2015Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2015Q1 dei Document Type
DocumentType
10-Q
CY2015Q1 dei Amendment Flag
AmendmentFlag
false
CY2015Q1 dei Document Period End Date
DocumentPeriodEndDate
2015-03-31
CY2015Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2015Q1 dei Entity Registrant Name
EntityRegistrantName
AG Mortgage Investment Trust, Inc.
CY2015Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001514281
CY2015Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015Q1 dei Trading Symbol
TradingSymbol
MITT
CY2015Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
28389211 shares
CY2015Q1 mitt Management Fee Percentage
ManagementFeePercentage
0.0150 pure
CY2014Q1 mitt Expenses Reimbursed Incurred By Manager For Right
ExpensesReimbursedIncurredByManagerForRight
1700000 USD
CY2015Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P24M
CY2015Q1 us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
90000 USD
CY2015Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
400000 USD
CY2014Q1 mitt Excise Tax Expenses
ExciseTaxExpenses
500000 USD
CY2015Q1 mitt Weighted Average Life Of Securitized Debt
WeightedAverageLifeOfSecuritizedDebt
P3Y2M23D
CY2014 mitt Weighted Average Life Of Securitized Debt
WeightedAverageLifeOfSecuritizedDebt
P3Y4M24D
CY2015Q1 mitt Weighted Average Rate Of Securitized Debt
WeightedAverageRateOfSecuritizedDebt
0.0355 pure
CY2014Q4 mitt Weighted Average Rate Of Securitized Debt
WeightedAverageRateOfSecuritizedDebt
0.0375 pure
CY2015Q1 us-gaap Accretion Of Discount
AccretionOfDiscount
300000 USD
CY2014Q1 us-gaap Accretion Of Discount
AccretionOfDiscount
0 USD
CY2015Q1 mitt Loan Receivable Commercial Weighted Average Useful Life
LoanReceivableCommercialWeightedAverageUsefulLife
P1Y9M7D
CY2015Q1 mitt Loan Receivable Commercial Weighted Average Yield
LoanReceivableCommercialWeightedAverageYield
0.0856 pure
CY2015Q1 mitt Loan Receivable Commercial Weighted Average Coupon Rate
LoanReceivableCommercialWeightedAverageCouponRate
0.0679 pure
CY2015Q1 mitt Loans Receivable Commercial Fair Value
LoansReceivableCommercialFairValue
72800000 USD
CY2015Q1 mitt Loans Receivable Commercial Gross Unrealized Loss
LoansReceivableCommercialGrossUnrealizedLoss
0 USD
CY2015Q1 mitt Loans Receivable Commercial Gross Unrealized Gains
LoansReceivableCommercialGrossUnrealizedGains
391097 USD
CY2015Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount Commercial
LoansAndLeasesReceivableGrossCarryingAmountCommercial
72408903 USD
CY2015Q1 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums Commercial
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiumsCommercial
-391097 USD
CY2015Q1 us-gaap Loans And Leases Receivable Net Reported Amount Commercial
LoansAndLeasesReceivableNetReportedAmountCommercial
72800000 USD
CY2014Q4 us-gaap Loans And Leases Receivable Net Reported Amount Commercial
LoansAndLeasesReceivableNetReportedAmountCommercial
72800000 USD
CY2014Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums Commercial
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiumsCommercial
-496019 USD
CY2014Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount Commercial
LoansAndLeasesReceivableGrossCarryingAmountCommercial
72303981 USD
CY2014Q4 mitt Loans Receivable Commercial Gross Unrealized Gains
LoansReceivableCommercialGrossUnrealizedGains
496019 USD
CY2014Q4 mitt Loans Receivable Commercial Gross Unrealized Loss
LoansReceivableCommercialGrossUnrealizedLoss
0 USD
CY2014Q4 mitt Loans Receivable Commercial Fair Value
LoansReceivableCommercialFairValue
72800000 USD
CY2014 mitt Loan Receivable Commercial Weighted Average Coupon Rate
LoanReceivableCommercialWeightedAverageCouponRate
0.0679 pure
CY2014 mitt Loan Receivable Commercial Weighted Average Yield
LoanReceivableCommercialWeightedAverageYield
0.0855 pure
CY2014 mitt Loan Receivable Commercial Weighted Average Useful Life
LoanReceivableCommercialWeightedAverageUsefulLife
P2Y7D
CY2015Q1 mitt Repurchase Agreements Secured By Cash
RepurchaseAgreementsSecuredByCash
12074672 USD
CY2014Q4 mitt Repurchase Agreements Secured By Cash
RepurchaseAgreementsSecuredByCash
13374600 USD
CY2015Q1 us-gaap Payments To Acquire Us Government Securities Pledged Under Bond Indenture
PaymentsToAcquireUSGovernmentSecuritiesPledgedUnderBondIndenture
356445072 USD
CY2015Q1 mitt Assets Sold Under Agreements To Repurchase Weighted Average Haircut
AssetsSoldUnderAgreementsToRepurchaseWeightedAverageHaircut
0.116 pure
CY2015Q1 us-gaap Pledged Assets Separately Reported Securities Pledged For Repurchase Agreements At Fair Value
PledgedAssetsSeparatelyReportedSecuritiesPledgedForRepurchaseAgreementsAtFairValue
2901698916 USD
CY2015Q1 mitt Pledged Assets Separately Reported Securities Pledged For Repurchase Agreements Amortized Cost
PledgedAssetsSeparatelyReportedSecuritiesPledgedForRepurchaseAgreementsAmortizedCost
2834843497 USD
CY2015Q1 mitt Pledged Assets Separately Reported Securities Pledged For Repurchase Agreements Accrued Interest
PledgedAssetsSeparatelyReportedSecuritiesPledgedForRepurchaseAgreementsAccruedInterest
8880836 USD
CY2014Q4 mitt Assets Sold Under Agreements To Repurchase Weighted Average Haircut
AssetsSoldUnderAgreementsToRepurchaseWeightedAverageHaircut
0.115 pure
CY2014Q4 us-gaap Pledged Assets Separately Reported Securities Pledged For Repurchase Agreements At Fair Value
PledgedAssetsSeparatelyReportedSecuritiesPledgedForRepurchaseAgreementsAtFairValue
2936033791 USD
CY2014Q4 mitt Pledged Assets Separately Reported Securities Pledged For Repurchase Agreements Amortized Cost
PledgedAssetsSeparatelyReportedSecuritiesPledgedForRepurchaseAgreementsAmortizedCost
2891085873 USD
CY2014Q4 mitt Pledged Assets Separately Reported Securities Pledged For Repurchase Agreements Accrued Interest
PledgedAssetsSeparatelyReportedSecuritiesPledgedForRepurchaseAgreementsAccruedInterest
8996530 USD
CY2015Q1 mitt Repurchase Agreements Secured By Agency Rmbs Carrying Value
RepurchaseAgreementsSecuredByAgencyRmbsCarryingValue
1463845000 USD
CY2014Q4 mitt Repurchase Agreements Secured By Agency Rmbs Carrying Value
RepurchaseAgreementsSecuredByAgencyRmbsCarryingValue
1583911000 USD
CY2015Q1 mitt Repurchase Agreements Secured By Agency Rmbs Fair Value
RepurchaseAgreementsSecuredByAgencyRmbsFairValue
1561960046 USD
CY2014Q4 mitt Repurchase Agreements Secured By Agency Rmbs Fair Value
RepurchaseAgreementsSecuredByAgencyRmbsFairValue
1684021261 USD
CY2015Q1 mitt Repurchase Agreements Secured By Non Agency Rmbs Abs And Cmbs
RepurchaseAgreementsSecuredByNonAgencyRmbsAbsAndCmbs
1058507499 USD
CY2014Q4 mitt Repurchase Agreements Secured By Non Agency Rmbs Abs And Cmbs
RepurchaseAgreementsSecuredByNonAgencyRmbsAbsAndCmbs
987971230 USD
CY2015Q1 mitt Repurchase Agreements Secured By Non Agency Rmbs Abs And Cmbs Fair Value
RepurchaseAgreementsSecuredByNonAgencyRmbsAbsAndCmbsFairValue
1339738870 USD
CY2014Q4 mitt Repurchase Agreements Secured By Non Agency Rmbs Abs And Cmbs Fair Value
RepurchaseAgreementsSecuredByNonAgencyRmbsAbsAndCmbsFairValue
1252012530 USD
CY2015Q1 mitt Repurchase Agreements Secured By Residential Mortgage Loan Carrying Value
RepurchaseAgreementsSecuredByResidentialMortgageLoanCarryingValue
50856483 USD
CY2014Q4 mitt Repurchase Agreements Secured By Residential Mortgage Loan Carrying Value
RepurchaseAgreementsSecuredByResidentialMortgageLoanCarryingValue
50573718 USD
CY2015Q1 mitt Repurchase Agreements Secured By Residential Mortgage Loan Fair Value
RepurchaseAgreementsSecuredByResidentialMortgageLoanFairValue
72247373 USD
CY2014Q4 mitt Repurchase Agreements Secured By Residential Mortgage Loan Fair Value
RepurchaseAgreementsSecuredByResidentialMortgageLoanFairValue
73407869 USD
CY2015Q1 mitt Repurchase Agreements Secured By Commercial Mortgage Loan Carrying Value
RepurchaseAgreementsSecuredByCommercialMortgageLoanCarryingValue
22500000 USD
CY2014Q4 mitt Repurchase Agreements Secured By Commercial Mortgage Loan Carrying Value
RepurchaseAgreementsSecuredByCommercialMortgageLoanCarryingValue
22500000 USD
CY2015Q1 mitt Obligation To Return Commercial Securities Received As Collateral
ObligationToReturnCommercialSecuritiesReceivedAsCollateral
62800000 USD
CY2014Q4 mitt Obligation To Return Commercial Securities Received As Collateral
ObligationToReturnCommercialSecuritiesReceivedAsCollateral
62800000 USD
CY2012Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
5000000 shares
CY2012Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
109300000 USD
CY2012Q1 mitt Proceeds From Issuance Of Common Stock Net
ProceedsFromIssuanceOfCommonStockNet
104000000 USD
CY2012Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
5300000 USD
CY2014Q1 us-gaap Payments To Acquire Us Government Securities Pledged Under Bond Indenture
PaymentsToAcquireUSGovernmentSecuritiesPledgedUnderBondIndenture
0 USD
CY2015Q1 mitt Proceeds From Repayment Of Sale And Purchase Of Us Treasury Securities
ProceedsFromRepaymentOfSaleAndPurchaseOfUsTreasurySecurities
280406573 USD
CY2014Q1 mitt Proceeds From Repayment Of Sale And Purchase Of Us Treasury Securities
ProceedsFromRepaymentOfSaleAndPurchaseOfUsTreasurySecurities
0 USD
CY2012Q3 mitt Capital Available For Issuance
CapitalAvailableForIssuance
1000000000 USD
CY2015Q1 mitt Capital Available For Issuance
CapitalAvailableForIssuance
549500000 USD
CY2015Q1 mitt Transfer To Real Estate Securities
TransferToRealEstateSecurities
139778263 USD
CY2014Q1 mitt Transfer To Real Estate Securities
TransferToRealEstateSecurities
0 USD
CY2015Q1 mitt Transfer To Repurchase Agreements
TransferToRepurchaseAgreements
113363873 USD
CY2014Q1 mitt Transfer To Repurchase Agreements
TransferToRepurchaseAgreements
0 USD
CY2015Q1 mitt Repurchase Agreements Secured By Us Treasury Securities Carrying Value
RepurchaseAgreementsSecuredByUsTreasurySecuritiesCarryingValue
74906251 USD
CY2014Q4 mitt Repurchase Agreements Secured By Us Treasury Securities Carrying Value
RepurchaseAgreementsSecuredByUsTreasurySecuritiesCarryingValue
0 USD
CY2015Q1 mitt Obligation To Return Us Treasury Securities Received As Collateral
ObligationToReturnUsTreasurySecuritiesReceivedAsCollateral
75509766 USD
CY2014Q4 mitt Obligation To Return Us Treasury Securities Received As Collateral
ObligationToReturnUsTreasurySecuritiesReceivedAsCollateral
0 USD
CY2014Q2 mitt Maximum Borrowing Capacity On Renewal Of Repurchase Agreement
MaximumBorrowingCapacityOnRenewalOfRepurchaseAgreement
200000000 USD
CY2015Q1 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2017-04-13
CY2015Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
90400000 USD
CY2015Q1 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
4962432 USD
CY2015Q1 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
0 USD
CY2015Q1 us-gaap Derivative Liability Fair Value Gross Asset And Right To Reclaim Cash Offset
DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset
4962432 USD
CY2015Q1 mitt Derivative Asset Collateral Obligation To Financial Instrument Posted Received
DerivativeAssetCollateralObligationToFinancialInstrumentPostedReceived
0 USD
CY2015Q1 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
3345636 USD
CY2015Q1 us-gaap Derivative Asset Fair Value Gross Asset Including Not Subject To Master Netting Arrangement
DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
1616796 USD
CY2015Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
6614876 USD
CY2015Q1 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
0 USD
CY2015Q1 us-gaap Derivative Asset Fair Value Gross Liability And Obligation To Return Cash Offset
DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
6614876 USD
CY2015Q1 mitt Derivative Liability Collateral Obligation To Financial Instrument Posted Received
DerivativeLiabilityCollateralObligationToFinancialInstrumentPostedReceived
172624 USD
CY2015Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
6442252 USD
CY2015Q1 us-gaap Derivative Liability Fair Value Gross Liability Including Not Subject To Master Netting Arrangement
DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
0 USD
CY2014Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
7506798 USD
CY2014Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
0 USD
CY2014Q4 us-gaap Derivative Asset Fair Value Gross Liability And Obligation To Return Cash Offset
DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
7506798 USD
CY2014Q4 mitt Derivative Liability Collateral Obligation To Financial Instrument Posted Received
DerivativeLiabilityCollateralObligationToFinancialInstrumentPostedReceived
0 USD
CY2014Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
7506798 USD
CY2014Q4 us-gaap Derivative Liability Fair Value Gross Liability Including Not Subject To Master Netting Arrangement
DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
0 USD
CY2014Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
14849982 USD
CY2014Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
0 USD
CY2014Q4 us-gaap Derivative Liability Fair Value Gross Asset And Right To Reclaim Cash Offset
DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset
14849982 USD
CY2014Q4 mitt Derivative Asset Collateral Obligation To Financial Instrument Posted Received
DerivativeAssetCollateralObligationToFinancialInstrumentPostedReceived
0 USD
CY2014Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
5387471 USD
CY2014Q4 us-gaap Derivative Asset Fair Value Gross Asset Including Not Subject To Master Netting Arrangement
DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
9462511 USD
CY2015Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
1045000000 USD
CY2015Q1 mitt Derivative Pay Interest Rate
DerivativePayInterestRate
0.0148 pure
CY2015Q1 mitt Derivative Receivable Interest Rate
DerivativeReceivableInterestRate
0.0026 pure
CY2015Q1 us-gaap Derivative Remaining Maturity1
DerivativeRemainingMaturity1
P4Y10M20D
CY2014Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
1446000000 USD
CY2014Q4 mitt Derivative Pay Interest Rate
DerivativePayInterestRate
0.0162 pure
CY2014Q4 mitt Derivative Receivable Interest Rate
DerivativeReceivableInterestRate
0.0024 pure
CY2014 us-gaap Derivative Remaining Maturity1
DerivativeRemainingMaturity1
P5Y5M19D
CY2014Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
246612695 USD
CY2014Q1 mitt Amortized Cost Derivatives
AmortizedCostDerivatives
220394534 USD
CY2014Q1 mitt Linked Securities Fair Value
LinkedSecuritiesFairValue
228164945 USD
CY2014Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
361986 USD
CY2014Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-132389 USD
CY2014Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
4126741 USD
CY2014Q1 us-gaap Derivative Average Fixed Interest Rate
DerivativeAverageFixedInterestRate
0.0357 pure
CY2014Q1 us-gaap Derivative Average Remaining Maturity1
DerivativeAverageRemainingMaturity1
P5Y6M25D
CY2014Q1 us-gaap Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
186578959 USD
CY2014Q1 us-gaap Assets Sold Under Agreements To Repurchase Interest Rate
AssetsSoldUnderAgreementsToRepurchaseInterestRate
0.0188 pure
CY2014Q1 us-gaap Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1
P1M28D
CY2015Q1 mitt Derivative Assets Before Accrued Interest
DerivativeAssetsBeforeAccruedInterest
4962432 USD
CY2015Q1 mitt Derivative Assets Accrued Interest
DerivativeAssetsAccruedInterest
-931062 USD
CY2015Q1 mitt Derivative Liabilities Including Accrued Interest
DerivativeLiabilitiesIncludingAccruedInterest
-6614876 USD
CY2015Q1 mitt Derivative Liabilities Accrued Interest
DerivativeLiabilitiesAccruedInterest
-2197800 USD
CY2014Q4 mitt Derivative Assets Before Accrued Interest
DerivativeAssetsBeforeAccruedInterest
14849982 USD
CY2014Q4 mitt Derivative Assets Accrued Interest
DerivativeAssetsAccruedInterest
3467360 USD
CY2014Q4 mitt Derivative Liabilities Including Accrued Interest
DerivativeLiabilitiesIncludingAccruedInterest
7506798 USD
CY2014Q4 mitt Derivative Liabilities Accrued Interest
DerivativeLiabilitiesAccruedInterest
1101411 USD
CY2015Q1 mitt Proceeds From Collateral Transactions Against Pledged Assets
ProceedsFromCollateralTransactionsAgainstPledgedAssets
1200000 USD
CY2015Q1 us-gaap Other Secured Financings
OtherSecuredFinancings
38405163 USD
CY2014Q4 us-gaap Other Secured Financings
OtherSecuredFinancings
39777914 USD
CY2015Q1 mitt Distribution Received From Investments In Affiliates
DistributionReceivedFromInvestmentsInAffiliates
6093 USD
CY2014Q1 mitt Distribution Received From Investments In Affiliates
DistributionReceivedFromInvestmentsInAffiliates
189786 USD
CY2015Q1 mitt Excise Tax Expenses
ExciseTaxExpenses
400000 USD
CY2015Q1 us-gaap Debt Instrument Increase Decrease For Period Net
DebtInstrumentIncreaseDecreaseForPeriodNet
1810119 USD
CY2014Q1 us-gaap Debt Instrument Increase Decrease For Period Net
DebtInstrumentIncreaseDecreaseForPeriodNet
0 USD
CY2014Q1 mitt Net Realized Losses From Unlinking Of Linked Transactions
NetRealizedLossesFromUnlinkingOfLinkedTransactions
200000 USD
CY2015Q1 mitt Expenses Reimbursed Incurred By Manager For Right
ExpensesReimbursedIncurredByManagerForRight
1800000 USD
CY2015Q1 mitt Weighted Average Coupon Of Aggregate Security
WeightedAverageCouponOfAggregateSecurity
0.0554 pure
CY2014Q4 mitt Weighted Average Coupon Of Aggregate Security
WeightedAverageCouponOfAggregateSecurity
0.0550 pure
CY2015Q1 mitt Weighted Average Yield Of Aggregate Security
WeightedAverageYieldOfAggregateSecurity
0.0614 pure
CY2014Q4 mitt Weighted Average Yield Of Aggregate Security
WeightedAverageYieldOfAggregateSecurity
0.0514 pure

Files In Submission

Name View Source Status
0001144204-15-028352-index-headers.html Edgar Link pending
0001144204-15-028352-index.html Edgar Link pending
0001144204-15-028352.txt Edgar Link pending
0001144204-15-028352-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
mitt-20150331.xml Edgar Link completed
mitt-20150331.xsd Edgar Link pending
mitt-20150331_cal.xml Edgar Link unprocessable
mitt-20150331_def.xml Edgar Link unprocessable
mitt-20150331_lab.xml Edgar Link unprocessable
mitt-20150331_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
v408199_10q.htm Edgar Link pending
v408199_ex31-1.htm Edgar Link pending
v408199_ex31-2.htm Edgar Link pending
v408199_ex32-1.htm Edgar Link pending
v408199_ex32-2.htm Edgar Link pending