Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2023

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
Year Ended December 31, 2023
Interest income	$	-		$	49,985		$	-		$	49,985
Interest expense		1,572			50,070			-			51,642
Net interest expense		(1,572	)		(85	)		-			(1,657	)
Servicing fee income		53,427			-			-			53,427
Servicing costs		11,248			-			-			11,248
Net servicing income		42,179			-			-			42,179
Other expense		(29,443	)		(32,281	)		-			(61,724	)
Other operating expenses		(2,231	)		(664	)		(10,835	)		(13,730	)
Provision for corporate business taxes		(523	)		-			-			(523	)
Net Income (Loss)	$	8,410		$	(33,030	)	$	(10,835	)	$	(35,455	)
Year Ended December 31, 2022
Interest income	$	-		$	29,642		$	-		$	29,642
Interest expense		3,837			13,726			-			17,563
Net interest income (expense)		(3,837	)		15,916			-			12,079
Servicing fee income		53,430			-			-			53,430
Servicing costs		11,837			-			-			11,837
Net servicing income		41,593			-			-			41,593
Other income (expense)		(26,655	)		13,176			-			(13,479	)
Other operating expenses		(2,099	)		(692	)		(10,143	)		(12,934	)
Provision for corporate business taxes		(5,070	)		-			-			(5,070	)
Net Income (Loss)	$	3,932		$	28,400		$	(10,143	)	$	22,189
Year Ended December 31, 2021
Interest income	$	376		$	14,580		$	-		$	14,956
Interest expense		4,484			1,284			-			5,768
Net interest income (expense)		(4,108	)		13,296			-			9,188
Servicing fee income		54,157			-			-			54,157
Servicing costs		13,624			-			-			13,624
Net servicing income		40,533			-			-			40,533
Other income (expense)		(34,103	)		12,520			-			(21,583	)
Other operating expenses		(3,040	)		(717	)		(11,070	)		(14,827	)
Provision for corporate business taxes		(781	)		-			-			(781	)
Net Income (Loss)	$	(1,499	)	$	25,099		$	(11,070	)	$	12,530

	Servicing Related Assets		RMBS		All Other		Total
Balance Sheet
December 31, 2023
Investments	$	253,629	$	1,012,130	$	-	$	1,265,759
Other assets		33,785		39,939		53,509		127,233
Total assets		287,414		1,052,069		53,509		1,392,992
Debt		169,314		903,489		-		1,072,803
Other liabilities		4,240		47,990		9,584		61,814
Total liabilities		173,554		951,479		9,584		1,134,617
Net Assets	$	113,860	$	100,590	$	43,925	$	258,375

December 31, 2022
Investments	$	279,739	$	931,431	$	-	$	1,211,170
Other assets		32,849		106,885		57,921		197,655
Total assets		312,588		1,038,316		57,921		1,408,825
Debt		183,888		825,962		-		1,009,850
Other liabilities		29,047		92,875		11,537		133,459
Total liabilities		212,935		918,837		11,537		1,143,309
Net Assets	$	99,653	$	119,479	$	46,384	$	265,516