NEW YORK MORTGAGE TRUST INC
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
ADAM$5.45-4.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Schedule III - Real Estate and Accumulated Depreciation
| Initial Cost to Company · Gross Amount at Close of Period (1) | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Market · Number of Properties · Encumbrances · Land · Buildings and Improvements · Total Adjustment to Basis (2) · Land · Buildings and Improvements · Total · Accumulated Depreciation · Date of Construction · Date Acquired · Depreciable Period (Years) | ||||||||||||||
| Operating Real Estate | ||||||||||||||
| Multi-Family - Operating | ||||||||||||||
| Apopka, FL | 1 | $54,488 | $8,009 | $58,247 | $(2,478) | $7,306 | $56,472 | $63,778 | $(1,086) | 2000 | 2022 | 5 | - | 30 |
| Beaufort, SC | 1 | 24,302 | 6,113 | 30,894 | 1,839 | 6,113 | 32,733 | 38,846 | (2,547) | 2001 | 2021 | 5 | - | 30 |
| Birmingham, AL | 1 | 76,024 | 5,875 | 88,029 | (9,400) | 5,034 | 79,470 | 84,504 | (2,766) | 2004 & 2017 | 2021 | 5 | - | 30 |
| Brandon, FL | 1 | 44,425 | 3,884 | 48,869 | 5,183 | 3,884 | 54,052 | 57,936 | (4,631) | 1974 & 1981 | 2021 | 5 | - | 30 |
| Collierville, TN | 1 | 39,568 | 3,113 | 45,616 | 2,201 | 3,113 | 47,817 | 50,930 | (3,798) | 2000 | 2021 | 5 | - | 30 |
| Columbia, SC | 1 | 20,039 | 2,420 | 21,363 | 1,610 | 2,420 | 22,973 | 25,393 | (1,672) | 1986 | 2021 | 5 | - | 30 |
| Corpus Christi, TX | 1 | 45,142 | 4,900 | 49,539 | — | 4,900 | 49,539 | 54,439 | — | 1976 | 2023 | 5 | - | 30 |
| Dallas, TX | 1 | 30,432 | 3,616 | 40,497 | 3,132 | 3,616 | 43,629 | 47,245 | (3,320) | 2009 | 2021 | 5 | - | 30 |
| Dallas, TX | 1 | 26,660 | 5,728 | 34,635 | 1,521 | 5,728 | 36,156 | 41,884 | (2,823) | 2014 | 2021 | 5 | - | 30 |
| Houston, TX | 1 | 22,872 | 6,406 | 25,211 | 1,318 | 6,406 | 26,529 | 32,935 | (2,264) | 1993 | 2021 | 5 | - | 30 |
| Little Rock, AR | 1 | 25,416 | 2,366 | 27,229 | 1,006 | 2,366 | 28,235 | 30,601 | (2,222) | 1999 | 2021 | 5 | - | 30 |
| Louisville, KY | 1 | 42,378 | 5,567 | 52,819 | 706 | 5,569 | 53,523 | 59,092 | (3,899) | 2017 | 2021 | 5 | - | 30 |
| Memphis, TN | 1 | 27,585 | 3,659 | 32,525 | 3,184 | 3,659 | 35,709 | 39,368 | (2,187) | 1968 | 2022 | 5 | - | 30 |
| Montgomery, AL | 1 | 20,921 | 3,367 | 26,967 | 905 | 3,366 | 27,873 | 31,239 | (1,964) | 1988 - 1994 | 2022 | 5 | - | 30 |
| Oklahoma City, OK | 1 | 37,580 | 4,581 | 40,885 | (2,759) | 3,951 | 38,756 | 42,707 | (1,355) | 1985 | 2022 | 5 | - | 30 |
| Oklahoma City, OK | 1 | 38,420 | 4,377 | 42,322 | (6,042) | 3,460 | 37,197 | 40,657 | (1,352) | 1983 - 1984 | 2022 | 5 | - | 30 |
| Orlando, FL | 1 | 38,651 | 9,012 | 36,435 | 1,904 | 8,798 | 38,553 | 47,351 | (2,439) | 1983 | 2021 | 5 | - | 30 |
| San Antonio, TX | 1 | 35,831 | 6,827 | 43,240 | 2,587 | 6,827 | 45,827 | 52,654 | (3,345) | 2014 | 2021 | 5 | - | 30 |
| San Antonio, TX | 1 | 24,066 | 3,116 | 35,223 | 544 | 3,116 | 35,767 | 38,883 | (2,701) | 2015 | 2021 | 5 | - | 30 |
| St Petersburg, FL | 1 | 56,289 | 9,823 | 74,801 | 3,942 | 9,823 | 78,743 | 88,566 | (6,080) | 2014 | 2021 | 5 | - | 30 |
| Tampa, FL | 1 | 53,332 | 10,152 | 53,668 | 5,330 | 10,152 | 58,998 | 69,150 | (5,773) | 1971 & 1972 | 2021 | 5 | - | 30 |
| Total Multi-Family - Operating | 21 | $784,421 | $112,911 | $909,014 | $16,233 | $109,607 | $928,551 | $1,038,158 | $(58,224) | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Single-Family Rental - Operating | ||||||||||||||
| Chicago, IL | 232 | $34,130 | $10,359 | $50,114 | $10,381 | $10,359 | $60,495 | $70,854 | $(3,827) | 1890 - 2010 | 2021- 2022 | 7.5 | - | 30 |
| Baltimore, MD | 132 | 21,167 | 10,587 | 28,062 | 4,907 | 10,587 | 32,969 | 43,556 | (1,519) | 1921 - 2016 | 2021- 2022 | 7.5 | - | 30 |
| Houston, TX | 83 | 13,168 | 4,390 | 19,912 | 2,488 | 4,390 | 22,400 | 26,790 | (1,165) | 1953 - 2021 | 2021 - 2022 | 7.5 | - | 30 |
| Atlanta, GA | 33 | — | 847 | 4,092 | 216 | 847 | 4,308 | 5,155 | (5) | 2004 - 2019 | 2023 | 7.5 | 30 | |
| Pittsburgh, PA | 29 | 3,327 | 1,098 | 4,777 | 1,580 | 1,098 | 6,357 | 7,455 | (319) | 1900 - 2007 | 2022 | 7.5 | - | 30 |
| Tampa, FL | 12 | 2,219 | 890 | 3,036 | 431 | 890 | 3,467 | 4,357 | (160) | 1951 - 2010 | 2022 | 7.5 | - | 30 |
| Bedford, OH | 2 | 176 | 61 | 263 | 122 | 61 | 385 | 446 | (17) | 1949 - 1979 | 2022 | 7.5 | - | 30 |
| Milwaukee, WI | 1 | 150 | 44 | 230 | 21 | 44 | 251 | 295 | (11) | 1970 | 2022 | 7.5 | - | 30 |
| Total Single-Family Rental - Operating | 524 | $74,337 | $28,276 | $110,486 | $20,146 | $28,276 | $130,632 | $158,908 | $(7,023) | |||||
| Total Operating Real Estate | 545 | $858,758 | $141,187 | $1,019,500 | $36,379 | $137,883 | $1,059,183 | $1,197,066 | $(65,247) | |||||
| Real Estate in Disposal Group Held for Sale | ||||||||||||||
| Multi-Family - Disposal Group | ||||||||||||||
| Birmingham, AL | 1 | $32,040 | $2,823 | $42,373 | $721 | $2,823 | $43,094 | $45,917 | $(1,685) | 2013 | 2021 | 5 | - | 30 |
| Brandon, FL | 1 | 194,047 | 29,821 | 185,610 | (19,487) | 24,971 | 170,973 | 195,944 | (3,956) | 1990 - 2002 | 2022 | 5 | - | 30 |
| Fort Myers, FL | 1 | 39,844 | 7,546 | 34,504 | 5,497 | 7,546 | 40,001 | 47,547 | (1,865) | 1973& 1979 | 2021 | 5 | - | 30 |
| Kissimmee, FL | 1 | 64,900 | 10,586 | 68,003 | 624 | 10,182 | 69,031 | 79,213 | (1,266) | 1989 | 2022 | 5 | - | 30 |
| Pensacola, FL | 1 | 47,555 | 2,701 | 54,675 | (8,462) | 2,219 | 46,695 | 48,914 | (929) | 1999 | 2022 | 5 | - | 30 |
| Total Multi-Family - Disposal Group | 5 | $378,386 | $53,477 | $385,165 | $(21,107) | $47,741 | $369,794 | $417,535 | $(9,701) | |||||
| Total Real Estate | 550 | $1,237,144 | $194,664 | $1,404,665 | $15,272 | $185,624 | $1,428,977 | $1,614,601 | $(74,948) | |||||
(1)The aggregate cost of consolidated real estate in the table above for U.S. federal income tax purposes was$1.6 billion as of December 31, 2023.
(2)Consists of costs capitalized subsequent to acquisition and impairment charges.
Notes to Schedule III (Dollar amounts in thousands)
- Reconciliation of Operating Real Estate
| For the Years Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Balance at beginning of period | $714,192 | $970,363 | $50,686 |
| Transfers in (1) | 59,198 | — | — |
| Acquisitions | — | 827,882 | 963,651 |
| Improvements | 31,441 | 49,468 | 9,219 |
| Reclassification to held and used | 392,235 | — | — |
| Reclassification to held for sale or disposal group held for sale | — | (1,133,521) | (53,193) |
| Balance at end of period | $1,197,066 | $714,192 | $970,363 |
(1)Transfers in represent transfers into operating real estate due to consolidation of a VIE (see Note 7) or from real estate owned.
- Reconciliation of Accumulated Depreciation for Operating Real Estate
| For the Years Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Balance at beginning of period | $(21,224) | $(3,890) | $(154) |
| Depreciation | (24,620) | (47,179) | (5,662) |
| Reclassification to held and used | (19,403) | — | — |
| Reclassification to held for sale or disposal group held for sale | — | 29,845 | 1,926 |
| Balance at end of period | $(65,247) | $(21,224) | $(3,890) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.