Arbor realty trust, inc. (ABR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest income

315,940

251,768

156,177

116,173

106,769

106,716

99,031

79,998

73,867

95,487

117,262

Other interest income, net

-

-

-

-

7,884

-

-

-

-

-

-

Interest expense

186,399

153,818

90,072

63,623

49,720

47,903

42,065

40,866

51,651

62,979

80,102

Net interest income

129,541

97,950

66,105

55,089

64,933

58,812

56,966

39,131

22,215

32,508

37,160

Other revenue:
Gain on sales, including fee-based services, net

65,652

70,002

72,799

24,594

-

-

-

-

-

-

-

Mortgage servicing rights

90,761

98,839

76,820

44,941

-

-

-

-

-

-

-

Servicing revenue, net

54,542

46,034

29,210

9,054

-

-

-

-

-

-

-

Property operating income

9,674

10,095

10,973

14,881

-

32,641

30,127

30,173

21,937

-

-

Other income, net

-784

8,161

685

1,041

270

1,645

2,290

1,280

188

1,069

809

Total other revenue

219,845

233,131

190,487

94,511

27,936

34,286

32,417

31,454

22,125

1,069

809

Other expenses:
Employee compensation and benefits

122,102

110,470

92,126

38,647

17,500

13,978

12,042

10,173

11,195

8,059

10,154

Selling and administrative

40,329

37,074

30,738

17,587

9,392

9,600

10,603

7,882

7,325

6,996

10,505

Acquisition costs

-

-

-

10,262

3,134

-

-

-

-

-

-

Property operating expenses

10,220

10,431

10,482

13,501

-

27,857

26,728

27,963

20,122

-

-

Depreciation and amortization

7,510

7,453

7,385

5,022

5,436

7,371

7,250

5,794

4,789

-

-

Impairment loss on real estate owned

1,000

2,000

3,200

11,200

-

250

1,000

-

1,450

-

4,898

Provision for loss sharing (net of recoveries)

1,147

3,843

-259

2,235

-

-

-

-

-

-

-

Provision for credit losses (net of recoveries)

-

8,353

-456

-134

4,467

-308

4,287

22,946

38,542

82,811

241,328

Litigation settlement gain

-

10,170

-

-

-

-

-

-

-

-

-

Other-than-temporary impairment

-

-

-

-

-

-

-

-

-

7,004

10,260

Loss on sale and restructuring of loans

-

-

-

-

-

-

-

-

5,710

7,214

57,579

Management fee - related party

-

-

6,673

12,600

10,900

9,900

10,900

10,000

8,300

26,365

15,136

Total other expenses

182,308

169,454

149,889

110,920

74,067

68,649

72,812

84,760

95,987

138,452

344,963

(Loss) income before extinguishment of debt, income from equity affiliates and income taxes

167,078

161,627

106,703

38,680

18,802

-

-

-

-51,645

-

-

Loss from continuing operations before, gain on extinguishment of debt, loss on sale of securities, net, (loss) income from equity affiliates and benefit (provision) for income taxes

-

-

-

-

-

-

-

-

-

-104,874

-306,993

Gain on exchange of profits interest

-

-

-

-

-

-

-

-

-

-

55,988

Loss on extinguishment of debt

-7,439

-5,041

7,116

-

-

-

4,930

30,459

10,878

229,321

54,080

Income before gain on acceleration of deferred income, loss on termination of swaps, gain on sale of real estate, gain on sale of equity interests, incentive management fee, income from equity affiliates and provision for income taxes

-

-

-

-

-

24,450

16,572

-14,174

-

-

-

Gain on acceleration of deferred income

-

-

-

-

19,172

-

-

-

-

-

-

Loss on termination of swaps

-

-

-

-

-4,630

-

-

-

-

-

-8,729

Gain on sale of real estate

-

-

-

11,631

7,784

1,603

-

3,953

-

1,331

-

Gain on sale of equity interests

-

-

-

-

-

85,793

-

-

-

-

-

Incentive management fee - equity interest - related party

-

-

-

-

-

19,047

-

-

-

-

-

Loss on sale of securities, net

-

-

-

-

-

-

-

-

-

-6,989

-

Income from equity affiliates

10,635

1,196

-2,951

12,995

12,301

248

-204

-697

3,671

-1,259

-438

Income before benefit from income taxes

-

-

-

-

-

-

-

15,586

-37,096

116,197

-206,093

Benefit for income taxes

15,036

9,731

13,359

825

-

-

-

-801

-

2,560

-

Income from continuing operations

-

-

-

-

-

-

-

16,388

-37,096

113,637

-206,093

Income from operations of real estate held-for-sale

-

-

-

-

-

-

-

1,374

-1,549

-1,842

-966

Net (loss) income

155,238

148,051

97,509

62,481

53,429

93,048

-

21,716

-40,096

113,125

-211,958

Income from discontinued operations

-

-

-

-

-

-

-

5,328

-2,999

-511

-5,865

Net income

-

-

-

-

-

-

21,298

-

-

-

-

Preferred stock dividends

7,554

7,554

7,554

7,554

7,554

7,256

4,506

-

-

-

-

Net (loss) income attributable to noncontrolling interest

26,610

32,185

24,120

12,131

-

-

124

215

215

215

18,672

Net (loss) attributable to common stockholders

121,074

108,312

65,835

42,796

45,875

85,792

16,667

21,500

-40,311

112,910

-230,631

Basic earnings per common share:
Income from continuing operations, net of noncontrolling interest and preferred stock dividends (in dollars per share)

-

-

-

-

-

-

-

0.60

-1.49

4.46

-8.88

Income from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

0.20

-0.12

-0.02

-0.23

Basic (loss) earnings per common share (in dollars per share)

1.30

1.54

1.14

0.83

0.90

1.71

0.39

0.80

-1.61

4.44

-9.11

Diluted earnings per common share:
Income from continuing operations, net of noncontrolling interest and preferred stock dividends (in dollars per share)

-

-

-

-

-

-

-

0.59

-1.49

4.41

-8.88

Income from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

0.20

-0.12

-0.02

-0.23

Diluted (loss) earnings per common share (in dollars per share)

1.27

1.50

1.12

0.83

0.90

1.70

0.39

0.79

-1.61

4.39

-9.11

Weighted average shares outstanding:
Basic (in shares)

92,851

70,208

57,890

51,305

50,857

50,143

42,399

26,956

24,968

25,424

25,313

Diluted (in shares)

116,192

93,642

80,311

51,730

51,007

50,368

42,835

27,211

24,968

25,741

25,313