Invesco Mortgage Capital Inc. IVR Income Statement

Invesco mortgage capital inc. (IVR)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Interest Income
Mortgage-backed and credit risk transfer securities
772,657	631,478	521,547	456,444	523,893	589,499	646,787	566,830	453,352	134,229	23,529
Commercial and other loans
5,710	11,538	23,508	22,238	15,331	9,508	1,451	0	0	-	-
Residential loans
-	-	-	-	110,908	88,073	34,122	0	0	-	-
Total interest income
778,367	643,016	545,055	478,682	650,132	687,080	682,360	566,830	453,352	-	-
Interest Expense
Repurchase agreements
430,697	301,794	163,881	124,000	166,892	188,699	287,547	237,405	155,241	-	-
Secured loans
41,623	35,453	19,370	10,887	6,579	2,576	0	0	-	-	-
Exchangeable senior notes
0	1,621	13,340	22,467	22,461	22,461	18,023	0	0	-	-
Asset-backed securities
-	-	-	-	82,041	68,159	26,682	0	0	-	-
Total interest expense
472,320	338,868	196,591	157,354	277,973	281,895	332,252	237,405	155,241	29,556	4,627
Net interest income
306,047	304,148	348,464	321,328	372,159	405,185	350,108	329,425	298,111	104,673	18,902
Reduction in provision for loan losses
-	-	-	-	-213	-142	884	-	0	-	-
Net interest income after reduction in provision for loan losses
-	-	-	-	372,372	405,327	349,224	329,425	298,111	-	-
Other income (loss)
Gain (loss) on investments, net
624,466	-327,700	-19,704	-17,542	-18,005	-84,407	-182,733	46,989	10,959	3,456	2,002
Equity in earnings (losses) of unconsolidated ventures
2,224	3,402	-1,327	2,392	12,630	6,786	5,345	7,169	3,301	8,276	71
Gain (loss) on derivative instruments, net
-534,755	-5,277	18,155	-62,815	-219,048	-487,469	40,003	-4,232	-	-	-
Realized and unrealized credit derivative income (loss), net
8,343	-151	51,648	61,143	19,782	-2,866	1,127	3,115	-764	-	-
Gain (Loss) on Extinguishment of Debt
0	-26	-6,814	0	0	-	-	-	-	-	-
Loss on other-than-temporarily impaired securities
-	-	-	-	-	-	-	-	-	510	-
Unrealized loss on interest rate swaps and swaptions
-	-	-	-	-	-	-	-	-	-90	-
Realized and unrealized credit default swap income
-	-	-	-	-	-	-	-	5,308	13	-
Other investment income (loss), net
3,950	2,860	7,381	-5,002	944	-2,045	0	0	-	-	-
Total other income (loss)
104,228	-326,892	49,339	-21,824	-203,697	-570,001	-136,258	53,041	18,804	11,145	2,073
Expenses
Management fee — related party
38,173	40,722	37,556	34,541	38,632	37,599	42,639	35,658	26,259	8,080	1,513
General and administrative
8,001	7,070	7,190	7,265	7,769	9,191	8,368	4,026	3,859	4,013	1,951
Consolidated securitization trusts
-	-	-	-	8,219	6,076	2,137	-	-	-	-
Total expenses
46,174	47,792	44,746	41,806	54,620	52,866	53,144	39,684	30,118	12,093	3,464
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
364,101	-70,536	353,057	257,698	114,055	-217,540	159,822	342,782	286,797	103,725	17,511
Net income (loss) attributable to non-controlling interest
0	254	4,450	3,287	1,344	-2,482	1,667	4,108	4,882	5,326	2,417
Net Income (Loss) Attributable to Parent
364,101	-70,790	348,607	254,411	112,711	-215,058	158,155	338,674	281,915	98,399	15,094
Dividends to preferred stockholders
44,426	44,426	28,080	22,864	22,864	17,378	10,851	5,395	0	-	-
Net income (loss) attributable to common stockholders
319,675	-115,216	320,527	231,547	89,847	-232,436	147,304	333,279	281,915	98,399	-
Earnings Per Share [Abstract]
Net income (loss) attributable to common stockholders
Basic (in usd per share)
2.42	-1.03	2.87	2.07	0.74	-1.89	1.11	2.88	3.27	-	-
Diluted (in usd per share)
2.42	-1.03	2.75	1.98	0.74	-1.89	1.11	2.88	3.27	-	-
Weighted average number of shares of common stock:
Basic (in shares)
132,306	111,637	111,610	111,973	121,377	123,104	132,714	115,558	86,365	26,039	4,480
Diluted (in shares)
132,318	111,637	123,041	130,254	122,843	124,529	134,174	117,012	87,804	27,468	5,198
Net income attributable to common shareholders (basic/diluted)
-	-	-	-	-	-	-	-	-	3.78	3.37
Dividends declared per common share (usd per share)
-	-	-	-	-	-	-	-	-	3.49	1.66