Arlington asset investment corp. (AIW)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows from operating activities:
Net investment loss

-

-

-

-

-

-

-

-

-19,166

3,328

13,651

Net (loss) income

13,742

-91,797

17,435

-41,347

-

-

-

-

-

-

105,086

Net loss

-

-

-

-

-69,403

7,753

52,823

183,942

15,173

26,586

-

Adjustments to reconcile net (loss) income to net cash provided by operating activities
Investment loss (gain), net

2,197

-123,822

5,874

-69,318

-118,429

-20,287

-47,760

-10,723

-

-

-

Net premium amortization on mortgage-backed securities

-26,463

-31,796

-33,353

-28,810

-24,877

-5,400

9,302

9,888

10,867

12,250

2,422

Deferred tax provision

-

733

38,897

27,330

36,399

46,378

-

-

-

-

-

Deferred tax provision

-

-

-

-

-

-

-23,824

7,884

0

-

-

Release of valuation allowance on deferred tax assets

-

-

-

-

-

-

-

162,281

0

0

-

Reversal of unrecognized tax benefit related to uncertain tax position and related accrued interest

-

-

-

-

-

-

-16,212

0

-

-

-

Reversal of unrecognized tax benefit related to uncertain tax position and related accrued interest

-

-

-

-

-

-

-

-

0

-

-

Gain on extinguishment of long-term debt

-

-

-

-

-

-

-

-

-

-

160,435

Depreciation and amortization

-

-

-

-

-

-

-

-

48

42

4,718

Other

-2,932

-870

-3,497

-2,709

-558

-2,336

-2,460

-614

-636

-3,155

-26,031

Changes in operating assets
Interest receivable

-2,686

803

900

-290

1,235

5,528

304

2,503

1,254

463

1,018

Other assets

-4,539

116

-717

-1,759

-754

7,234

-4,032

-

-

-

-

Other receivables

-

-

-

-

-

-

-

389

-211

645

858

Due from clearing broker

-

-

-

-

-

-

-

-

-

-

7,132

Trading securities

-

-

-

-

-

-

-

-

-

-

26,517

Prepaid expenses and other assets

-

-

-

-

-

-

-

-750

-1,490

1,806

-7,899

Changes in operating liabilities
Interest payable and other liabilities

-1,494

527

1,296

-531

1,456

-340

-107

1,457

1,091

688

-5,047

Accrued compensation and benefits

-106

-1,283

-391

236

-897

483

4,042

-4,634

1,568

1,280

-16,604

Purchases of private-label mortgage-backed securities

-

-

-

-

-

-

167,682

-

-

-

-

Purchases of agency mortgage-backed securities

-

-

-

-

-

-

1,221,387

-

-

-

-

Proceeds from sales of private-label mortgage-backed securities

-

-

-

124,962

130,138

-

69,337

-

-

-

-

Proceeds from sales of agency mortgage-backed securities

4,028,260

2,387,180

2,482,703

2,302,011

1,057,842

-

914,155

-

-

-

-

Receipt of principal payments on private-label mortgage-backed securities

-

-

-

496

2,077

-

5,215

-

-

-

-

Receipt of principal payments on agency mortgage-backed securities

519,533

484,621

480,661

495,852

467,770

-

165,079

-

-

-

-

Trading account securities sold but not yet purchased

-

-

-

-

-

-

-

-

-

-

12,339

Net cash provided by operating activities

46,565

63,749

88,030

88,574

-

-

-

-

27,262

13,259

-77,611

Cash flows from investing activities:
Net cash provided by operating activities

-

-

-

-

110,938

69,535

61,368

25,675

-

-

-

Proceeds from sales of private-label mortgage-backed securities

-

-

-

124,962

130,138

86,318

69,337

-

-

-

-

Proceeds from sales of agency mortgage-backed securities

4,028,260

2,387,180

2,482,703

2,302,011

1,057,842

65,251

914,155

-

-

-

-

Purchases of mortgage loans

45,000

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of non-agency mortgage-backed securities

-

-

1,268

-

-

-

-

-

-

-

-

Receipt of principal payments on private-label mortgage-backed securities

-

-

-

496

2,077

2,431

5,215

-

-

-

-

Receipt of principal payments on agency mortgage-backed securities

519,533

484,621

480,661

495,852

467,770

212,055

165,079

-

-

-

-

Receipt of principal payments on non-agency mortgage-backed securities

2

8

17

-

-

-

-

-

-

-

-

Purchases of available-for-sale mortgage-backed securities

-

-

-

-

-

-

-

54,709

17,190

156,858

763,459

Purchases of trading mortgage-backed securities

-

-

-

-

-

-

-

1,359,536

695,486

304,494

0

Proceeds from sales of available-for-sale mortgage-backed securities

-

-

-

-

-

-

-

34,102

79,212

253,133

1,050,721

Proceeds from sales of trading mortgage-backed securities

-

-

-

-

-

-

-

352,437

201,352

118,126

0

Receipt of principal payments on available-for-sale mortgage-backed securities

-

-

-

-

-

-

-

-

10,864

26,969

25,394

Receipt of principal payments on available-for-sale mortgage-backed securities

-

-

-

-

-

-

-

6,628

-

-

-

Receipt of principal payments on trading mortgage-backed securities

-

-

-

-

-

-

-

83,038

37,688

12,346

0

Payments for derivatives and deposits, net

112,027

8,712

-24,674

66,278

109,225

150,031

-42,210

29,814

72,390

4,676

0

Payments for purchased securities payable

-

-

-

-

-

-

-

-15,820

-2,555

0

0

Proceeds from sold securities receivable

-

-

-

-

-

-

26,773

41,321

0

0

0

Proceeds from U.S. Treasury bond maturities

-

-

-

-

-

-

-

-

-

-

550,000

Deconsolidation of FBR Capital Markets cash balance

-

-

-

-

-

-

-

-

-

-

122,752

Other

-31

-21

-432

-15,855

14,112

-353

-132

-1,668

-6,321

4,188

-13,427

Net cash provided by (used in) investing activities

-

-

-

-

-509,263

-1,814,618

-166,168

-940,685

-

-

-

Net cash provided by (used in) investing activities

53,504

-82,641

-147,680

-49,820

-

-

-

-

-452,184

-59,642

753,331

Cash flows from financing activities:
(Repayments of) proceeds from repurchase agreements, net

-140,392

54,448

18,079

814,323

-344,995

1,632,145

50,439

849,214

457,756

63,390

-936,210

Repayments of Federal Home Loan Bank advances, net

-

-

-

786,900

-

-

-

-

-

-

-

(Repayments of) proceeds from Federal Home Loan Bank advances, net

-

-

-

-

-786,900

-

-

-

-

-

-

Proceeds from Federal Home Loan Bank advances, net

-

-

-

-

-

-

0

-

-

-

-

(Payments for) proceeds from issuance of common stock

48,796

22,326

61,213

9,675

-

167,148

86,964

129,249

0

0

-

(Payments for) proceeds from issuance of preferred stock

28,970

1,137

7,108

-

-

-

-

-

-

-

-

Proceeds from long-term debt issuance, net

-

-

-

-

34,063

-

24,038

0

0

-

-

Excess tax provisions associated with stock-based awards

-

-

-

-175

1,192

475

-

-

-

-

-

Excess tax benefits associated with stock-based awards

-

-

-

-

-

-

0

0

-

-

-

Dividends paid

44,520

53,920

59,930

57,870

75,087

69,481

43,850

46,848

24,029

10,254

0

Repurchase of common stock

-

-

-

-

593

-

0

786

229

4,464

73,319

Net cash (used in) provided by financing activities

-

-

-

-

401,480

1,730,287

117,591

930,829

-

-

-

Repayments of short-term debt

-

-

-

-

-

-

-

-

970

0

0

Repayments of long-term debt

-

-

-

-

-

-

-

-

-

-

75,769

Proceeds from subsidiary stock transactions

-

-

-

-

-

-

-

-

-

-

165,048

Net cash (used in) provided by financing activities

-107,146

23,991

26,470

-20,947

-

-

-

-

432,528

48,672

-920,250

Net increase in cash and cash equivalents

-7,077

5,099

-33,180

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

17,807

3,155

-14,796

12,791

15,819

7,606

2,289

-244,530

Supplemental cash flow information:
Cash payments for interest

97,006

84,373

50,306

28,000

-

-

-

-

-

-

-

Cash payments for interest

-

-

-

-

17,353

10,959

8,272

4,888

2,190

1,001

3,666

Cash payments for taxes

-

8

28

322

433

2,309

667

833

708

700

2,623

Cash receipt for refund of prior alternative minimum tax payments

4,566

-

-

-

-

-

-

-

-

-

-

Receipt of non-public equity securities upon dissolution of investee fund

-

-

-

619

-

-

-

-

-

-

-

Non-Agency MBS
Purchases of mortgage-backed securities

33,484

-

-

5,357

-

-

-

-

-

-

-

Agency MBS
Purchases of mortgage-backed securities

4,303,811

2,945,759

3,137,435

2,917,361

-

-

-

-

-

-

-