ANWORTH MORTGAGE ASSET CORP ANH Income Statement

Anworth mortgage asset corp (ANH)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Interest and other income:
Interest-Agency MBS
85,720	90,173	93,391	96,634	97,311	95,644	96,327	92,641	83,598	76,657	72,730	71,332	66,251	69,913	72,830	78,908	95,682	105,505	115,260	127,745	141,680	155,486	166,236	171,825	175,657	174,713	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest-Non-Agency MBS
35,692	38,038	39,869	40,947	41,190	40,745	39,907	38,882	38,718	38,265	37,325	36,739	36,138	35,851	36,205	35,517	32,765	27,131	19,147	11,069	4,685	1,039	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest-residential securitized mortgage loans
19,466	20,443	21,195	21,896	22,592	23,462	24,458	25,503	26,608	27,721	29,060	30,624	32,675	34,637	34,293	30,054	22,131	12,818	5,308	1,188	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest-residential mortgage loans held-for-securitization
6,048	4,314	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other interest income
1,582	1,427	747	88	112	121	114	119	106	104	99	85	66	52	48	48	46	44	42	41	41	42	44	45	48	54	87	90	93	90	58	58	53	50	52	57	65	63	74	122	0	0	0
Interest and Dividend Income, Operating, Total
148,508	154,395	157,898	160,687	161,291	159,972	160,806	157,145	149,030	142,747	139,214	138,780	135,130	140,453	143,376	144,527	150,624	145,498	140,079	140,562	146,995	157,156	166,566	171,959	175,723	174,784	176,424	180,958	186,057	195,853	204,510	211,801	220,486	224,180	224,397	220,161	215,552	219,803	229,107	246,111	0	0	0
Interest expense:
Interest expense on repurchase agreements
82,878	92,736	99,609	102,504	98,553	90,510	82,029	73,244	62,637	53,955	46,606	39,979	37,518	36,505	35,410	34,962	33,402	30,693	28,661	39,518	57,925	78,642	100,495	103,955	98,194	91,690	85,501	84,425	85,048	84,720	84,778	84,380	86,437	87,975	0	0	0	-	-	-	-	-	-
Interest expense on asset-backed securities
18,796	19,771	20,522	21,223	21,929	22,799	23,794	24,839	25,934	26,939	28,141	29,433	30,955	32,479	31,772	27,583	20,244	11,645	4,804	1,075	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense on warehouse line of credit
5,327	4,149	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense on junior subordinated notes
2,026	2,101	2,135	2,134	2,096	1,996	1,893	1,791	1,688	1,625	1,577	1,520	1,473	1,435	1,385	1,348	1,313	1,282	1,274	1,269	1,265	1,264	1,265	1,268	1,273	1,279	1,290	1,308	1,328	1,353	1,354	1,335	1,316	1,290	0	0	0	-	-	-	-	-	-
Interest expense on repurchase agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	94,536	98,148	104,332	0	0	0
Interest expense on junior subordinated notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,294	1,324	1,386	0	0	0
Interest Expense, Total
109,027	118,757	124,938	127,152	122,812	115,305	107,716	99,874	90,259	82,519	76,324	70,932	69,946	70,419	68,567	63,893	54,959	43,620	34,739	41,862	59,190	79,906	101,760	105,223	99,467	92,969	86,791	85,733	86,376	86,073	86,132	85,715	87,753	89,265	91,096	92,718	94,257	95,830	99,472	105,718	0	0	0
Net interest income
39,482	35,639	32,960	33,535	38,479	44,667	53,090	57,271	58,771	60,228	62,890	67,848	65,184	70,034	74,809	80,634	95,665	101,878	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Provision for credit losses on loans
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	203	140	70	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net interest income after provision for loan losses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	101,675	105,200	98,630	87,805	77,250	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating expenses:
Management fee to related party
6,503	6,699	7,143	7,132	7,085	7,098	6,910	7,210	7,420	7,504	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	11,961	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rental properties depreciation and expenses
1,605	1,517	1,513	1,456	1,494	1,525	1,497	1,478	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative expenses
5,212	5,090	4,437	4,446	4,737	4,880	5,196	5,097	4,741	4,785	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
13,320	13,306	13,092	13,033	13,315	13,502	13,263	13,438	13,234	13,306	13,381	13,443	13,912	14,219	14,135	14,222	13,977	13,980	14,320	14,294	17,389	17,754	17,922	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	81,815	89,633	95,225	99,681	109,780	118,378	126,086	132,733	134,915	133,301	127,443	121,295	123,973	0	0	0	-	-
Other (loss) income:
Income-rental properties
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on Agency MBS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	223,981	0	0	0	-	-	-	-	-	-
Interest on Agency MBS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	219,531	228,815	245,752	0	0	0
Interest on Non-Agency MBS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	149	165	185	206	209	218	237	0	0	0
Income-rental properties
-	1,799	1,786	1,753	-	1,760	1,745	1,706	1,712	1,710	1,722	1,749	1,726	1,687	1,678	1,653	1,634	1,594	1,500	1,298	959	589	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized net gain (loss) on sales of available-for-sale MBS
7,706	-4,151	-6,488	-5,903	-6,347	-12,187	-11,188	0	-14,087	-	-2,070	1,412	0	0	0	-	-10,747	-7,508	1,169	-4,448	-2,854	-2,854	0	0	0	-	13,671	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized net (loss) on MBS held as trading investments
-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charge on Non-Agency MBS
-	0	0	0	-	2,887	2,678	3,442	0	-	3,947	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain (loss) on Agency MBS held as trading investments
-	-	0	0	-	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain (loss) on Agency MBS held as trading investments
-	-	-	-	-	-	-	-	-	2,793	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of residential mortgage loans held-for-investment through consolidated securitization trusts
-	-	-	-	-	-	-	-	-	378	1,094	1,127	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of residential properties
0	0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) on interest rate swaps, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-74,247	-138,622	-76,710	-83,791	-36,675	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) on derivatives, net
-146,244	-84,742	-150,070	-112,246	-48,773	-8,072	46,553	32,518	18,166	5,132	11,237	21,675	16,712	-18,509	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on derivatives-TBA Agency MBS, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,227	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on derivatives-Eurodollar Futures Contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,695	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on interest rate swaps, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Recovery on Non-Agency MBS
-	-	-	-	-	-	-	0	-	2	12	12	12	12	16	22	25	25	24	54	83	119	171	234	304	396	486	685	932	1,426	1,771	2,302	2,630	2,225	0	0	0	-	-	-	-	-	-
Total other (loss)
-247,376	-77,752	-140,963	-106,740	-48,769	-37,653	5,821	-2,881	-9,421	4,922	1,953	12,677	4,352	-33,321	-20,992	-76,763	-70,730	-72,992	-123,413	-75,565	-71,476	-30,878	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other (loss) income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Recoveries on Non-Agency MBS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	270	0	0	0	-	-
Compensation, incentive compensation and benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Write-down of Lehman receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	674	674	674	0	0	0
Other expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Total expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net (loss)
-221,271	-55,420	-121,095	-86,238	-23,605	-6,488	45,648	40,952	36,116	38,984	38,602	54,222	42,764	22,494	39,619	-10,484	10,755	14,703	-32,533	8,771	-1,060	28,618	53,998	52,516	65,467	75,720	87,963	91,906	94,720	100,218	105,274	113,872	120,838	122,876	121,587	115,377	108,410	110,499	115,092	124,783	0	0	0
Dividends on preferred stock
9,188	9,188	9,188	9,188	9,188	9,188	9,168	8,986	8,714	8,172	7,555	7,091	6,702	6,583	5,958	5,342	4,741	4,140	4,140	4,140	4,140	4,140	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividend on Series B Cumulative Convertible Preferred Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,576	1,576	1,576	1,576	1,576	2,217	2,858	3,499	4,139	4,116	4,092	4,068	4,045	4,044	4,044	4,044	4,044	0	0	0	-	-	-	-	-	-
Dividend on Series A Cumulative Preferred Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Dividend on Series B Cumulative Convertible Preferred Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,594	1,616	1,634	1,689	1,727	1,760	1,798	1,799	1,841	0	0	0	-	-	-	-	0	0
Dividend on Series C Cumulative Redeemable Preferred Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	721	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) to common stockholders
-230,459	-64,608	-130,283	-95,426	-32,793	-15,676	36,480	31,966	27,402	46,198	46,433	62,517	51,448	15,911	33,060	-17,024	4,222	8,266	-38,763	2,744	-6,887	22,902	48,282	46,800	59,751	69,987	82,231	86,180	88,963	94,446	99,470	108,030	114,995	116,991	115,721	109,531	102,584	104,735	109,271	118,921	0	0	0
Basic (loss) per common share
-1.90	0.28	-0.20	-0.51	-0.23	-0.39	0.15	0.13	-0.05	0.14	0.11	0.08	0.14	0.15	0.28	-0.03	-0.22	0.31	-0.23	0.18	-0.17	-0.14	0.15	0.07	0.09	0.07	0.12	0.15	0.16	0.15	0.15	0.18	0.20	0.20	0.22	0.25	0.24	0.21	0.19	0.21	0.27	0.28	0.32
Diluted (loss) per common share
-1.90	0.27	-0.20	-0.51	-0.23	-0.39	0.15	0.13	-0.05	0.14	0.11	0.08	0.14	0.14	0.27	-0.03	-0.22	0.30	-0.23	0.17	-0.17	-0.13	0.15	0.07	0.09	0.07	0.12	0.15	0.15	0.15	0.15	0.18	0.20	0.20	0.22	0.24	0.24	0.21	0.19	0.21	0.27	0.27	0.31
Basic weighted average number of shares outstanding
98,823	98,823	98,739	98,635	98,537	98	98,353	98,271	98,185	98	97,547	95,696	95,705	95,706	95,881	96,355	97,704	99,857	102,431	104,225	107,228	111,536	121,061	126,787	136,848	140,314	142,380	144,252	142,903	142,140	139,209	137,064	135,064	133,412	131,886	127,029	121,914	120,394	117,923	117,541	116,755	109,125	102,344
Diluted weighted average number of shares outstanding
98,823	103,141	98,739	98,635	98,537	98	102,331	102,205	98,185	101	100,702	100,590	100,544	100,485	100,590	96,355	97,704	104,294	106,780	108,530	111,472	115,727	125,192	130,867	140,875	144,272	146,287	148,126	146,945	146,159	143,148	141,292	139,292	137,625	136,099	131,402	126,205	124,150	121,557	121,101	120,316	112,868	105,849
Agency MBS
Realized net gain (loss) on sales of available-for-sale MBS
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized net (loss) on MBS held as trading investments
5,557	-5,787	-10,999	-11,231	-11,465	-11,429	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain (loss) on Agency MBS held as trading investments
989	17,036	27,507	22,551	18,885	-4,911	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-Agency MBS
Realized net gain (loss) on sales of available-for-sale MBS
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain (loss) on Agency MBS held as trading investments
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-