Cherry Hill Mortgage Investment Corp
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 12, 2024
CHMI$2.35+0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands — except share and par value data)
| (unaudited) | ||
|---|---|---|
| September 30, 2024 | December 31, 2023 | |
| Assets | ||
| RMBS, at fair value (including pledged assets of $1,153,213 and $973,221, respectively) | $1,214,123 | $1,012,130 |
| Investments in Servicing Related Assets, at fair value (including pledged assets of $226,782 and $253,629, respectively) | 226,782 | 253,629 |
| Cash and cash equivalents | 50,152 | 52,886 |
| Restricted cash | 4,502 | 16,441 |
| Derivative assets | 23,263 | 19,504 |
| Receivables and other assets | 32,567 | 38,402 |
| Total Assets | $1,551,389 | $1,392,992 |
| Liabilities and Stockholders’ Equity | ||
| Liabilities | ||
| Repurchase agreements | $1,108,496 | $903,489 |
| Derivative liabilities | 4,749 | 16,617 |
| Notes payable | 150,848 | 169,314 |
| Dividends payable | 7,065 | 6,650 |
| Due to manager | 1,623 | 1,789 |
| Payables for unsettled trades | 28,337 | - |
| Accrued expenses and other liabilities | 10,575 | 36,758 |
| Total Liabilities | $1,311,693 | $1,134,617 |
| Stockholders’ Equity | ||
| Preferred stock, par value $0.01 per share, 100,000,000 shares authorized: | ||
| 8.20% Series A Cumulative Redeemable Preferred stock, 2,781,635 shares issued and outstanding as of September 30, 2024 and December 31, 2023, $69,541 liquidation preference as of September 30, 2024 and December 31, 2023 | $67,311 | $67,311 |
| 8.25% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred stock, 1,604,103 shares issued and outstanding as of September 30, 2024 and 2,000,000 shares issued and outstanding as of December 31, 2023, $40,103 liquidation preference as of September 30, 2024 and $50,000 liquidation preference as of December 31, 2023 | 38,553 | 48,068 |
| Common stock, $0.01 par value per share, 500,000,000 shares authorized and 31,611,073 shares issued and outstanding as of September 30, 2024 and 500,000,000 shares authorized and 30,019,969 shares issued and outstanding as of December 31, 2023 | 322 | 305 |
| Additional paid-in capital | 380,914 | 375,498 |
| Accumulated Deficit | (253,944) | (233,161) |
| Accumulated other comprehensive income (loss) | 3,525 | (2,545) |
| Total Cherry Hill Mortgage Investment Corporation Stockholders’ Equity | $236,681 | $255,476 |
| Non-controlling interests in Operating Partnership | 3,015 | 2,899 |
| Total Stockholders’ Equity | $239,696 | $258,375 |
| Total Liabilities and Stockholders’ Equity | $1,551,389 | $1,392,992 |
Consolidated Statements of
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