Armour residential reit, inc. (ARR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest Income:
Agency Securities, net of amortization of premium and fees

382,811

218,391

196,301

225,796

365,300

450,927

505,443

388,994

117,638

12,161

446

Total Interest Income

439,565

283,148

254,433

263,995

365,300

450,927

-

-

-

-

-

Interest expense- repurchase agreements

288,229

154,230

94,558

73,107

59,278

59,562

83,113

61,195

-

-

-

Interest expense- U.S. Treasury Securities sold short

-

-

-

-

-

5,551

1,437

0

-

-

-

Interest expense

-

-

-

-

-

-

-

-

11,856

1,207

13

Net Interest Income

151,336

128,918

159,875

190,888

306,022

385,814

420,893

327,799

105,782

10,954

433

Other Income (Loss):
Realized gain (loss) on sale of Agency Securities (reclassified from Other comprehensive income (loss))

9,611

-152,950

-8,486

-18,211

-11,546

68,770

-593,498

40,627

16,631

208

-

Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded

0

12,090

13,707

6,540

0

0

401,541

0

0

-

-

Gain (loss) on short sale of U.S. Treasury Securities

-

-

-

-

-

-14,688

15,508

0

0

-

-

Bargain purchase price on acquisition of JAVELIN

-

-

-

6,484

0

0

-

-

-

-

-

Other income

-

-

-

-

-

-

-

1,043

0

-

0

Subtotal

-12,638

-199,678

40,513

47,284

-11,546

54,082

-979,531

41,670

16,631

208

0

Realized gain (loss) on derivatives

-213,996

-47,497

-22,675

-452,398

-107,070

-118,716

-135,908

-63,039

-25,006

-512

-0

Unrealized loss on derivatives

-136,127

49,316

39,272

206,212

-181,662

-462,630

544,643

-58,774

-97,087

-2,632

-

Subtotal

-350,123

1,819

16,597

-246,186

-288,732

-581,346

408,735

-121,813

-122,093

-3,093

49

Total Other Loss

-362,761

-197,859

57,110

-198,902

-300,278

-527,264

-570,796

-80,143

-105,462

-2,885

50

Expenses:
Management fees

29,571

27,246

26,582

26,070

27,292

27,857

28,141

19,459

6,858

671

112

Professional fees

2,808

4,978

4,578

5,253

3,117

3,735

3,311

2,009

1,387

419

28

Insurance

713

660

836

1,010

690

726

543

291

213

175

114

Compensation

3,889

3,774

2,298

2,260

2,291

2,796

3,047

1,838

543

37

-

Other

-1,499

-367

-1,537

-2,910

3,559

2,484

2,109

1,777

710

381

9

Merger expenses

-

-

-

-

-

-

-

-

-

-

1,610

Franchise tax expense

-

-

-

-

-

-

-

-

-

-

151

Total Expenses

38,480

37,025

35,831

37,503

36,949

37,598

37,151

25,374

9,711

1,683

2,026

Loss before taxes

-

-

-

-

-

-

-187,054

222,282

-9,391

6,386

-1,543

Income tax benefit

-

-

-

-

-

-

-10

-24

51

-151

-394

Net Income (Loss) Attributable to Parent

-249,905

-105,966

181,154

-45,517

-31,205

-179,048

-187,044

222,306

-9,442

6,537

-1,149

Preferred Stock Dividends, Income Statement Impact

15,634

17,032

15,880

15,622

15,622

15,620

14,213

1,964

0

-

-

Less: Interest attributable to common stock subject to possible conversion (net of income taxes of $657,000)

-

-

-

-

-

-

-

-

-

-

1,200

Net Loss related to common stockholders

-265,539

-122,998

165,274

-61,139

-46,827

-194,668

-201,257

220,342

-9,442

6,537

-2,350

Earnings Per Share [Abstract]
Basic (in dollars per share)

-4.59

-2.92

4.22

-1.67

-1.09

-4.32

-4.40

0.99

-0.15

1.12

-

Weighted average shares outstanding subject to possible conversion (in Shares)

-

-

-

-

-

-

-

-

-

-

7,569

Diluted (in dollars per share)

-4.59

-2.92

4.17

-1.67

-1.09

-4.32

-4.40

0.98

-0.15

1.12

0.16

Basic and diluted (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-0.11

Dividends declared per common share (in dollars per share)

2.16

2.28

2.28

3.02

3.89

4.80

6.48

1.20

-

1.52

-

Weighted average common shares outstanding:
Basic (in shares)

57,833

42,128

39,170

36,698

42,780

44,654

45,354

223,627

61,421

5,855

-

Weighted Average Number of Shares Outstanding, Diluted

57,833

42,128

39,642

36,698

42,780

44,654

45,354

224,263

61,421

5,855

20,459

Pro Forma for the effect of the pending 1 for 8 reverse stock split (See Note 1)
Pro forma, diluted (in usd per share)

-

-

-

-

-

-

-

-

-

-

-0.11

Pro forma, common shares outstanding, diluted (in shares)

-

-

-

-

-

-

-

-

-

-

20,456

Credit Risk and Non-Agency Securities
Interest income, trading

52,919

56,427

55,969

36,573

-

-

-

-

-

-

-

Gain (loss) on securities

-24,396

-27,266

65,672

59,120

-

-

-

-

-

-

-

Interest-Only Securities
Interest income, trading

596

1,667

2,163

1,626

-

-

-

-

-

-

-

Gain (loss) on securities

123

-1,007

-2,966

6,431

-

-

-

-

-

-

-

US Treasury Securities
Interest income, trading

1,353

4,644

0

0

-

-

-

-

-

-

-

Gain (loss) on securities

2,024

-6,365

0

0

-

-

-

-

-

-

-

Subordinated Loans
Interest income, trading

1,886

2,019

0

0

-

-

-

-

-

-

-