| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Revenues: | ||||||
Interest income from investments | ||||||
36,451 | 27,576 | 11,457 | 6,532 | 1,743 | ||
Total revenues | ||||||
45,093 | 31,214 | 12,191 | 6,532 | 1,743 | ||
Costs and expenses: | ||||||
General and administrative expenses | ||||||
8,482 | 7,270 | 5,852 | 5,574 | 3,466 | ||
Fees to Manager | ||||||
8,335 | 7,442 | 3,453 | 1,688 | 1,237 | ||
Property operating expenses of real estate owned | ||||||
3,994 | 1,712 | 271 | - | - | ||
Depreciation and amortization of real estate owned | ||||||
6,195 | 3,425 | 472 | - | - | ||
Internalization expenses | ||||||
2,200 | 300 | 0 | - | - | ||
Other expenses | ||||||
- | - | - | 2,129 | 262 | ||
Restructuring costs | ||||||
- | - | - | 54 | 276 | ||
Deferred termination fee to Manager | ||||||
- | - | - | 239 | 464 | ||
Total costs and expenses | ||||||
29,192 | 20,139 | 10,048 | 9,684 | 5,705 | ||
Operating income (loss) | ||||||
15,901 | 11,075 | 2,143 | -3,152 | -3,962 | ||
Other income (expense): | ||||||
Equity in earnings from unconsolidated real estate venture | ||||||
567 | 1,483 | 2,263 | 1,278 | - | ||
Realized gain on investments | ||||||
- | 619 | - | - | - | ||
Net unrealized gain (loss) on investments | ||||||
36,402 | 42,945 | 10,804 | 18,370 | 872 | ||
Interest expense | ||||||
8,500 | 2,155 | 1,053 | 559 | - | ||
Loss on modification of debt | ||||||
- | - | -232 | - | - | ||
Other interest income | ||||||
36 | 399 | 634 | 80 | 147 | ||
Total other income (loss) | ||||||
28,505 | 43,291 | 12,416 | 19,169 | 1,019 | ||
Net income | ||||||
44,406 | 54,366 | 14,559 | 16,017 | -2,943 | ||
Net income attributable to preferred stockholders | ||||||
20,478 | 18,014 | 1,456 | 996 | - | ||
Net income attributable to common shareholders, adjusted | ||||||
23,928 | 36,352 | 13,103 | 15,021 | -2,943 | ||
Basic earnings (loss) per share attributable to common stockholders | ||||||
1.11 | 2.10 | 1.10 | 2.42 | -0.69 | ||
Diluted earnings (loss) per share attributable to common stockholders | ||||||
1.11 | 2.10 | 1.10 | 2.42 | -0.69 | ||
Dividends declared per share of common stock | ||||||
1.40 | 1.40 | 1.40 | 1.40 | 1.05 | ||
Rental and other property-related income from real estate owned [Member] | ||||||
Revenues | ||||||
8,285 | 3,499 | 530 | - | - | ||
Other revenues [Member] | ||||||
Revenues | ||||||
357 | 139 | 204 | - | - | ||