Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Financial Data on CHMI's Segments with Reconciliation

Summary financial data with respect to the Company’s segments is given below, together with a reconciliation to the same data for the Company as a whole (dollars in thousands):

	Servicing Related Assets			RMBS		All Other			Total
Income Statement
Three Months Ended September 30, 2019
Interest income	$	380		$	19,003	$	-		$	19,383
Interest expense		291			12,344		-			12,635
Net interest income		89			6,659		-			6,748
Servicing fee income		18,687			-		-			18,687
Servicing costs		4,102			-		-			4,102
Net servicing income		14,585			-		-			14,585
Other income (expense)		(29,423	)		2,732		-			(26,691	)
Other operating expenses		-			-		3,236			3,236
Benefit from corporate business taxes		(5,643	)		-		-			(5,643	)
Net Income (Loss)	$	(9,106	)	$	9,391	$	(3,236	)	$	(2,951	)
Three Months Ended September 30, 2018
Interest income	$	-		$	15,323	$	-		$	15,323
Interest expense		629			8,626		2			9,257
Net interest income (expense)		(629	)		6,697		(2	)		6,066
Servicing fee income		14,017			-		-			14,017
Servicing costs		2,981			-		-			2,981
Net servicing income		11,036			-		-			11,036
Other income		6,218			7,672		-			13,890
Other operating expenses		-			-		2,764			2,764
Provision for corporate business taxes		729			-		-			729
Net Income (Loss)	$	15,896		$	14,369	$	(2,766	)	$	27,499

Nine Months Ended September 30, 2019
Interest income	$	852		$	52,716		$	-		$	53,568
Interest expense		1,924			33,162			-			35,086
Net interest income (expense)		(1,072	)		19,554			-			18,482
Servicing fee income		54,237			-			-			54,237
Servicing costs		12,026			-			-			12,026
Net servicing income		42,211			-			-			42,211
Other expense		(83,526	)		(34,314	)		-			(117,840	)
Other operating expenses		-			-			9,080			9,080
Benefit from corporate business taxes		(14,980	)		-			-			(14,980	)
Net Loss	$	(27,407	)	$	(14,760	)	$	(9,080	)	$	(51,247	)
Nine Months Ended September 30, 2018
Interest income	$	-		$	40,757		$	-		$	40,757
Interest expense		1,266			22,856			2			24,124
Net interest income (expense)		(1,266	)		17,901			(2	)		16,633
Servicing fee income		34,202			-			-			34,202
Servicing costs		7,087			-			-			7,087
Net servicing income		27,115			-			-			27,115
Other income		18,351			26,285			-			44,636
Other operating expenses		-			-			7,276			7,276
Provision for corporate business taxes		4,525			-			-			4,525
Net Income (Loss)	$	39,675		$	44,186		$	(7,278	)	$	76,583

	Servicing Related Assets		RMBS		All Other		Total
Balance Sheet
September 30, 2019
Investments	$	255,845	$	2,483,237	$	-	$	2,739,082
Other assets		57,259		58,191		21,479		136,929
Total assets		313,104		2,541,428		21,479		2,876,011
Debt		157,951		2,266,841		-		2,424,792
Other liabilities		7,126		21,026		13,460		41,612
Total liabilities		165,077		2,287,867		13,460		2,466,404
Book value	$	148,027	$	253,561	$	8,019	$	409,607

December 31, 2018
Investments	$	294,907	$	1,770,110	$	-	$	2,065,017
Other assets		17,817		38,165		32,278		88,260
Total assets		312,724		1,808,275		32,278		2,153,277
Debt		157,543		1,598,592		-		1,756,135
Other liabilities		7,488		10,440		15,283		33,211
Total liabilities		165,031		1,609,032		15,283		1,789,346
Book value	$	147,693	$	199,243	$	16,995	$	363,931