| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|
Interest income: | ||||||||
Interest income: | ||||||||
Agency RMBS | ||||||||
304,421 | 291,097 | 328,286 | 301,996 | 330,430 | 288,960 | 228,768 | 72,703 | - |
Other | ||||||||
6,362 | 3,440 | 2,909 | 15,080 | 1,481 | 4,286 | - | - | - |
Total interest income | ||||||||
310,783 | 294,537 | 331,195 | 317,076 | 331,911 | 293,246 | 232,897 | 75,539 | - |
Interest expense: | ||||||||
Repurchase agreements | ||||||||
114,616 | 70,230 | 40,700 | 33,825 | 52,763 | 44,117 | - | - | - |
FHLBC Advances | ||||||||
0 | 4,049 | 5,429 | 0 | 0 | - | - | - | - |
INVESTMENT INCOME - Interest income | ||||||||
- | - | - | - | - | - | - | - | 45,526 |
Total interest expense | ||||||||
114,616 | 74,279 | 46,129 | 33,825 | 52,763 | 104,893 | 18,789 | 5,056 | 4,461 |
Net interest income | ||||||||
196,167 | 220,258 | 285,066 | 283,251 | 279,148 | 188,353 | - | - | - |
Other income (loss): | ||||||||
Net investment income | ||||||||
- | - | - | - | - | - | 190,919 | 60,022 | 34,051 |
Net realized gain (loss) on investments | ||||||||
-114,737 | 19,463 | 13,652 | 132,563 | -595,116 | 203,846 | 35,756 | 6,115 | -48 |
Net unrealized gain (loss) on investments | ||||||||
94,463 | -132,500 | -129,764 | 233,763 | -314,530 | 23,023 | 225,660 | -4,832 | 39,561 |
Net unrealized gain (loss) on swap and cap contracts | ||||||||
- | - | - | - | - | -21,990 | -100,012 | 16,573 | 8,710 |
Net unrealized gain (loss) on FHLBC Advances | ||||||||
0 | -1,299 | 1,299 | 0 | 0 | - | - | - | - |
Other income | ||||||||
163 | 1,361 | 867 | 269 | 120 | 80 | 4,129 | 2,836 | - |
Net realized and unrealized gain (loss) on investments and other income | ||||||||
-20,111 | -112,975 | -113,946 | 366,595 | -909,526 | - | - | - | - |
Interest rate hedge expense, net | ||||||||
29,550 | 55,798 | 100,110 | - | - | - | - | - | - |
Swap and cap interest expense | ||||||||
- | - | - | -90,812 | -93,497 | -60,776 | -55,487 | -18,563 | -7,624 |
Net realized and unrealized gain (loss) on derivative instruments | ||||||||
- | - | - | -110,542 | 269,128 | - | - | - | - |
Net realized and unrealized gain (loss) on derivative instruments | ||||||||
57,750 | -11,483 | -54,932 | - | - | 0 | -4,903 | -36,925 | -10,804 |
Net gain (loss) on derivative instruments | ||||||||
28,200 | -67,281 | -155,042 | -201,354 | 175,631 | - | - | - | - |
Total other income (loss) | ||||||||
8,089 | -180,256 | -268,988 | 165,241 | -733,895 | - | - | - | - |
Net gain (loss) from investments | ||||||||
- | - | - | - | - | - | 261,416 | 1,283 | 39,513 |
Expenses: | ||||||||
Total other income (loss) | ||||||||
- | - | - | - | - | 204,959 | - | - | - |
Expenses: | ||||||||
Management fees | ||||||||
- | - | - | - | - | - | 8,442 | 6,088 | 3,633 |
Compensation and benefits | ||||||||
13,759 | 12,934 | 12,121 | 14,105 | 12,599 | 12,264 | 7,837 | 1,459 | 985 |
General, administrative and other | ||||||||
9,236 | 10,677 | 8,722 | 8,778 | 8,436 | 8,261 | 6,910 | 2,914 | 2,396 |
Total expenses | ||||||||
22,995 | 23,611 | 20,843 | 22,883 | 21,035 | 20,525 | 41,978 | 15,517 | 11,475 |
Net gain (loss) from swap and cap contracts | ||||||||
- | - | - | - | - | - | -160,402 | -38,915 | -9,718 |
Net income (loss) | ||||||||
181,261 | 16,391 | -4,765 | 425,609 | -475,782 | 372,787 | 291,933 | 22,390 | 63,846 |
Dividends on preferred stock | ||||||||
20,812 | 20,812 | 20,813 | 20,812 | 15,854 | 2,405 | 0 | 0 | - |
Net income (loss) available to common stockholders | ||||||||
160,449 | -4,421 | -25,578 | 404,797 | -491,636 | 370,382 | 291,933 | 22,390 | - |
Net income (loss) per common share basic & diluted | ||||||||
1.05 | -0.04 | -0.17 | 2.50 | -2.90 | 2.64 | 3.66 | 0.73 | - |
Basic | ||||||||
- | - | - | - | - | - | - | - | 4.76 |
Diluted | ||||||||
- | - | - | - | - | - | - | - | 4.75 |