Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2021

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 the data for the Company as a whole (dollars in thousands):

	Servicing Related Assets			RMBS			All Other			Total
Income Statement
Three Months Ended June 30, 2021
Interest income	$	105		$	6,980		$	-		$	7,085
Interest expense		(771	)		1,220			-			449
Net interest income		876			5,760			-			6,636
Servicing fee income		13,748			-			-			13,748
Servicing costs		4,072			-			-			4,072
Net servicing income		9,676			-			-			9,676
Other expense		(12,995	)		(13,085	)		-			(26,080	)
Other operating expenses		846			-			2,829			3,675
Benefit from corporate business taxes		(1,830	)		-			-			(1,830	)
Net Loss	$	(1,459	)	$	(7,325	)	$	(2,829	)	$	(11,613	)
Three Months Ended June 30, 2020
Interest income	$	479		$	9,653		$	-		$	10,132
Interest expense		438			2,987			-			3,425
Net interest income		41			6,666			-			6,707
Servicing fee income		18,032			-			-			18,032
Servicing costs		6,594			-			-			6,594
Net servicing income		11,438			-			-			11,438
Other expense		(24,746	)		(5,966	)		-			(30,712	)
Other operating expenses		1,135			-			2,259			3,394
Benefit from corporate business taxes		(3,278	)		-			-			(3,278	)
Net Income (Loss)	$	(11,124	)	$	700		$	(2,259	)	$	(12,683	)
Six Months Ended June 30, 2021
Interest income	$	225		$	12,845		$	-		$	13,070
Interest expense		(1,959	)		2,520			-			561
Net interest income		2,184			10,325			-			12,509
Servicing fee income		27,288			-			-			27,288
Servicing costs		7,154			-			-			7,154
Net servicing income		20,134			-			-			20,134
Other income (expense)		(19,880	)		5,563			-			(14,317	)
Other operating expenses		1,408			-			5,670			7,078
Provision for corporate business taxes		1,633			-			-			1,633
Net Income (Loss)	$	(603	)	$	15,888		$	(5,670	)	$	9,615
Six Months Ended June 30, 2020
Interest income	$	2,120		$	28,261		$	-		$	30,381
Interest expense		2,147			13,569			-			15,716
Net interest income (expense)		(27	)		14,692			-			14,665
Servicing fee income		37,551			-			-			37,551
Servicing costs		12,434			-			-			12,434
Net servicing income		25,117			-			-			25,117
Other expense		(56,602	)		(52,016	)		-			(108,618	)
Other operating expenses		1,735			-			6,380			8,115
Benefit from corporate business taxes		(15,432	)		-			-			(15,432	)
Net Loss	$	(17,815	)	$	(37,324	)	$	(6,380	)	$	(61,519	)

	Servicing Related Assets		RMBS		All Other		Total
Balance Sheet
June 30, 2021
Investments	$	211,995	$	998,799	$	-	$	1,210,794
Other assets		48,668		20,638		54,656		123,962
Total assets		260,663		1,019,437		54,656		1,334,756
Debt		134,978		897,047		-		1,032,025
Other liabilities		2,575		837		12,271		15,683
Total liabilities		137,553		897,884		12,271		1,047,708
Book value	$	123,110	$	121,553	$	42,385	$	287,048

December 31, 2020
Investments	$	174,414	$	1,228,251	$	-	$	1,402,665
Other assets		51,063		55,260		84,500		190,823
Total assets		225,477		1,283,511		84,500		1,593,488
Debt		111,379		1,149,978		-		1,261,357
Other liabilities		2,392		6,370		10,803		19,565
Total liabilities		113,771		1,156,348		10,803		1,280,922
Book value	$	111,706	$	127,163	$	73,697	$	312,566