Ellington Residential Mortgage REIT EARN Income Statement

Ellington residential mortgage reit (EARN)

Income statement / Quarterly

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
INTEREST INCOME (EXPENSE)
Interest income
9,881	8,609	10,485	12,139	12,613	13,875	13,171	14,081	13,426	13,111	12,867	10,883	12,329	9,213	7,096	7,538	9,651	9,315	11,315	9,841	10,280	11,806	11,484	11,575	11,959	12,050	11,223	4,310	283	239
Interest expense
6,100	7,239	8,820	9,662	9,555	9,084	8,519	7,668	7,248	6,129	5,719	4,020	3,179	2,684	2,279	2,260	2,051	1,816	1,642	1,520	1,258	1,165	1,121	1,070	1,155	1,283	1,248	525	0	0
Total net interest income
3,781	1,370	1,665	2,477	3,058	4,791	4,652	6,413	6,178	6,982	7,148	6,863	9,150	6,529	4,817	5,278	7,600	7,499	9,673	8,321	9,022	10,641	10,363	10,505	10,804	10,767	9,975	3,785	283	239
EXPENSES
Management fees to affiliate
500	606	582	582	600	579	641	656	671	725	741	685	527	534	539	528	528	545	557	592	610	552	574	567	592	-	-	-	-	-
Total interest income
9,881	8,609	10,485	12,139	12,613	13,875	13,171	14,081	13,426	13,111	12,867	10,883	12,329	9,213	7,096	7,538	9,651	-	-	-	-	-	-	-	-	-	-	-	-	-
Management fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	644	703	119	124
Professional fees
208	163	216	207	229	182	198	217	234	227	157	178	175	118	171	161	218	152	144	135	143	587	123	137	139	155	200	237	32	125
Compensation expense
151	113	132	112	151	79	136	187	189	178	222	216	159	137	142	169	151	87	168	173	193	182	157	174	165	-	-	-	-	-
Insurance expense
76	73	74	74	74	74	74	74	74	74	74	74	82	88	88	88	97	-	-	-	-	-	-	-	-	-	-	-	-	-
Organizational Expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	568
Other operating expenses
327	320	341	325	319	318	283	293	349	308	287	284	329	255	314	326	357	405	406	365	470	426	440	439	498	255	513	421	46	45
Total expenses
1,288	1,275	1,345	1,300	1,368	1,232	1,332	1,427	1,517	1,512	1,481	1,437	1,272	1,132	1,254	1,272	1,351	1,189	1,275	1,265	1,416	1,747	1,294	1,317	1,394	1,411	1,357	1,361	197	862
OTHER INCOME (LOSS)
Realized Investment Gains (Losses)
1,093	972	1,564	1,418	-1,674	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized gains (losses) on mortgage-backed securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-24,173	-3,006	888	-19
Net realized gains (losses) on financial derivatives
-6,499	-16,252	-1,861	-8,771	-12,091	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized gains (losses) on financial derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,273	8,376	0	0
Unrealized Gain (Loss) on Securities
6,768	3,691	9,058	14,511	21,971	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,756	30,239	-45,784	155	106
Change in net unrealized gains (losses) on financial derivatives
-20,600	21,199	-5,351	-8,442	-968	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,780	-12,172	28,286	0	0
Total other income (loss)
-19,238	9,611	3,409	-1,284	7,238	-13,633	-2,374	-3,200	-8,614	-4,677	673	-3,823	-5,826	-3,385	3,063	-499	-6,488	-5,330	-13,215	-6,866	-3,929	-10,070	-5,536	1,862	-6,649	-	-	-	-	-
Total other income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,833	-12,128	1,043	87
Net Income (Loss) Attributable to Parent
-16,745	9,706	3,729	-107	8,928	-10,074	946	1,786	-3,953	793	6,340	1,603	2,052	2,012	6,626	3,507	-239	980	-4,817	190	3,677	-1,176	3,533	11,050	2,761	-124	6,785	-9,704	1,129	-536
NET INCOME (LOSS) PER COMMON SHARE:
Earnings Per Share, Basic
-1.35	0.78	0.30	-0.01	0.72	-0.80	0.07	0.14	-0.30	0.06	0.48	0.15	0.22	0.22	0.73	0.38	-0.03	0.11	-0.53	0.02	0.40	-0.13	0.39	1.21	0.30	-0.17	0.74	-1.55	0.69	-0.33
Dividends declared (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	0.40	0.40	0.40	0.45	0.45	0.45	0.55	0.55	0.55	0.55	0.55	0.55	0.50	0.50	0.14	0.00	0.00