XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.25.2

Multi-family Loans, at Fair Value | 6 Months Ended
--- | ---
Jun. 30, 2025
Receivables [Abstract] |
Multi-family Loans, at Fair Value | 5. Multi-family Loans, at Fair Value The Company's multi-family loans consisting of its preferred equity in, and mezzanine loans to, entities that have multi-family real estate assets are presented at fair value on the Company's condensed consolidated balance sheets as a result of a fair value election. Accordingly, changes in fair value are presented in unrealized gains (losses), net on the Company's condensed consolidated statements of operations. Multi-family loans consist of the following as of June 30, 2025 and December 31, 2024, respectively (dollar amounts in thousands):
| June 30, 2025 |  | December 31, 2024
Investment amount | $ | 78,808 |  |  | $ | 90,485 |
Unrealized losses, net | (3,809) |  |  | (4,293) |
Total, at Fair Value | $ | 74,999 |  |  | $ | 86,192 |
For the three and six months ended June 30, 2025, the Company recognized $55.8 thousand and $0.5 million in net unrealized gains on multi-family loans, respectively. For the three and six months ended June 30, 2024, the Company recognized $16.4 thousand and $4.8 million in net unrealized losses on multi-family loans, respectively. The table below presents the fair value and aggregate unpaid principal balance of the Company's multi-family loan in non-accrual status as of June 30, 2025 and December 31, 2024 (dollar amounts in thousands):
Days Late |  |  | Fair Value (1) |  | Unpaid Principal Balance |  |  |  |  |  |  |  |
90 + |  |  | $ | — |  |  | $ | 3,363 |  |  |  |  |  |  |  |  |
(1)The Company has reduced the fair value of the multi-family loan to zero as a result of developments with respect to the property, its financing and market conditions. The geographic concentrations of credit risk exceeding 5% of the total multi-family loan investment amounts as of June 30, 2025 and December 31, 2024, respectively, are as follows:
| June 30, 2025 |  | December 31, 2024
Texas | 42.4 | % |  | 36.1 | %
Florida | 13.7 | % |  | 11.6 | %
Arkansas | 12.1 | % |  | 10.3 | %
Louisiana | 10.3 | % |  | 8.8 | %
North Carolina | 7.1 | % |  | 6.2 | %
Indiana | 6.4 | % |  | 5.6 | %

X
- Definition Multi Family Loans At Fair Value + References No definition available. + Details
Name: | nymt_MultiFamilyLoansAtFairValueTextBlock
Namespace Prefix: | nymt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration