<SEC-DOCUMENT>0001104659-25-087812-index.html : 20250905
<SEC-HEADER>0001104659-25-087812.hdr.sgml : 20250905
<ACCEPTANCE-DATETIME>20250905161604
ACCESSION NUMBER:		0001104659-25-087812
CONFORMED SUBMISSION TYPE:	S-3
PUBLIC DOCUMENT COUNT:		25
FILED AS OF DATE:		20250905
DATE AS OF CHANGE:		20250905

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ADAMAS TRUST, INC.
		CENTRAL INDEX KEY:			0001273685
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		EIN:				470934168
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-290073
		FILM NUMBER:		251296958

	BUSINESS ADDRESS:	
		STREET 1:		90 PARK AVENUE 23RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016
		BUSINESS PHONE:		(212) 792-0107

	MAIL ADDRESS:	
		STREET 1:		90 PARK AVENUE 23RD FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NEW YORK MORTGAGE TRUST, INC.
		DATE OF NAME CHANGE:	20250110

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NEW YORK MORTGAGE TRUST INC
		DATE OF NAME CHANGE:	20031217
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-3
<SEQUENCE>1
<FILENAME>tm2525336-1_s3.htm
<DESCRIPTION>S-3
<TEXT>
Document 1 - file: tm2525336-1_s3.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>tm2525336d2_ex5-1.htm
<DESCRIPTION>EXHIBIT 5.1
<TEXT>
Document 2 - file: tm2525336d2_ex5-1.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.2
<SEQUENCE>3
<FILENAME>tm2525336d2_ex5-2.htm
<DESCRIPTION>EXHIBIT 5.2
<TEXT>
Document 3 - file: tm2525336d2_ex5-2.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-8.1
<SEQUENCE>4
<FILENAME>tm2525336d2_ex8-1.htm
<DESCRIPTION>EXHIBIT 8.1
<TEXT>
Document 4 - file: tm2525336d2_ex8-1.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>5
<FILENAME>tm2525336d2_ex23-1.htm
<DESCRIPTION>EXHIBIT 23.1
<TEXT>
Document 5 - file: tm2525336d2_ex23-1.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-25.1
<SEQUENCE>6
<FILENAME>tm2525336d2_ex25-1.htm
<DESCRIPTION>EXHIBIT 25.1
<TEXT>
Document 6 - file: tm2525336d2_ex25-1.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-FILING FEES
<SEQUENCE>7
<FILENAME>tm25252336d1_ex-filingfees.htm
<DESCRIPTION>EX-FILING FEES
<TEXT>
Document 7 - file: tm25252336d1_ex-filingfees.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>tm2525336d2_ex5-1img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 8 - file: tm2525336d2_ex5-1img001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>tm2525336d2_ex5-2img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 9 - file: tm2525336d2_ex5-2img001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>tm2525336d2_ex5-2img002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 10 - file: tm2525336d2_ex5-2img002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>tm2525336d2_ex8-1img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 11 - file: tm2525336d2_ex8-1img001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>tm2525336d2_ex8-1img002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 12 - file: tm2525336d2_ex8-1img002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>tm2525336d2_ex25-1img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 13 - file: tm2525336d2_ex25-1img001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>tm2525336d2_ex25-1img002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 14 - file: tm2525336d2_ex25-1img002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>lg_adamas-4clr.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 15 - file: lg_adamas-4clr.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>17
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
Document 17 - file: R1.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>18
<FILENAME>R2.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
Document 18 - file: R2.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>19
<FILENAME>R3.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
Document 19 - file: R3.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>20
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
Document 20 - file: Show.js

</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>21
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
Document 21 - file: report.css

</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>23
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
Document 23 - file: FilingSummary.html

Document 23 - RAW XML: FilingSummary.xml

</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>25
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
Document 25 - file: MetaLinks.json

</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>26
<FILENAME>0001104659-25-087812-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
Document 26 - file: 0001104659-25-087812-xbrl.zip

</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>27
<FILENAME>tm25252336d1_ex-filingfees_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
Document 27 - file: tm25252336d1_ex-filingfees_htm.html

Document 27 - RAW XML: tm25252336d1_ex-filingfees_htm.xml

</DOCUMENT>
</SEC-DOCUMENT>