MTGE INVESTMENT CORP. MTGE Income Statement

Mtge investment corp. (MTGE)

Income statement / TTM

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	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11
Interest income:
Agency securities
102,696	97,833	88,223	86,152	82,033	78,326	77,798	78,291	79,251	88,521	99,042	101,280	108,500	112,386	118,764	147,080	174,459	194,053	199,964	184,967	167,691	146,959	122,082	94,731	61,459	0	0	0
Non-agency securities
48,945	50,698	54,400	57,956	61,845	65,353	69,391	73,505	76,855	77,595	74,789	70,902	67,466	65,242	64,282	63,291	62,814	60,043	55,368	50,382	41,484	33,051	23,029	12,986	6,102	0	0	0
Investment Income, Interest
766	990	1,025	826	656	576	581	573	487	368	287	262	309	340	312	303	266	332	367	424	442	375	309	221	150	0	0	0
Interest expense
66,552	59,414	52,526	47,100	42,735	39,967	39,582	37,637	35,141	33,126	30,800	29,424	28,245	27,940	28,631	32,464	37,006	38,863	38,754	36,386	32,766	28,439	22,067	15,133	8,187	0	0	0
Net interest income
85,855	90,107	91,122	97,834	101,799	104,288	108,188	114,732	121,452	133,358	143,318	143,020	148,030	150,028	154,727	178,210	200,533	215,565	216,945	199,387	176,851	151,946	123,353	92,805	59,524	0	0	0
Net servicing loss
-	-	-	-6,589	-	-	-17,690	-21,515	-23,029	-21,357	-17,367	-16,767	-15,895	-14,821	-15,213	-14,966	-11,834	-8,797	-4,139	0	0	0	-	-	-	-	-	-
Healthcare:
Healthcare real estate income
31,533	28,876	24,431	19,461	14,214	9,374	6,059	3,338	914	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Healthcare real estate expense
23,909	21,711	18,569	14,951	11,323	8,053	5,400	3,177	1,103	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net healthcare loss
7,624	7,165	5,862	4,510	2,891	1,321	659	161	-189	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other gains (losses):
Realized gain on agency securities, net
-1,948	-1,971	-243	-5,152	-14	3,143	3,775	11,763	6,025	-3,304	-2,790	-5,419	-4,909	5,804	-8,263	-95,164	-167,028	-192,059	-170,252	-56,507	38,238	76,313	73,610	47,678	26,504	0	0	0
Realized gain on non-agency securities, net
15,317	24,255	32,815	30,772	31,133	20,296	5,947	2,033	1,285	792	5,673	23,808	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Realized gain on non-agency securities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	16,438	11,506	3,199	1,780	952	0	0	0	0
Realized loss on periodic settlements of interest rate swaps, net
2,157	-4,299	-7,317	-8,237	-8,917	-9,167	-10,337	-12,302	-14,054	-15,956	-16,437	-17,525	-18,958	-19,752	-20,388	-24,178	-33,401	-38,219	-41,006	-38,975	-31,381	-25,151	-18,458	-12,877	-6,599	0	0	0
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net
35,149	33,050	32,481	15,204	-43,501	-57,970	-96,709	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized gain on other derivatives and securities, net
-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	29,134	80,688	92,993	112,573	85,884	-8,506	-49,758	-46,748	-46,471	-20,681	0	0	0
Unrealized gain on agency securities, net
-108,044	-77,557	-1,502	-66,649	-80,657	-64,705	-14,710	28,778	66,589	-19,343	-28,095	73,351	22,322	161,492	187,921	102,473	201,813	-169,387	-315,784	-332,348	-317,765	40,610	123,456	176,841	83,334	0	0	0
Unrealized gain on non-agency securities, net
4,000	20,999	37,350	35,795	60,250	64,885	40,547	21,872	-24,694	-53,835	-43,153	-42,153	-50,152	-34,847	-26,375	1,833	22,512	-3,257	19,391	36,107	69,649	92,377	64,310	34,820	955	0	0	0
Unrealized Gain (Loss) on Derivatives
51,171	32,870	-3,426	12,944	74,402	82,830	63,389	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Income
208	281	2,789	6,226	10,126	14,217	21,308	31,589	39,261	46,483	48,638	46,607	48,112	48,113	45,873	37,384	24,303	12,914	3,350	0	0	0	-	-	-	-	-	-
Other Noninterest Expense
2,251	3,391	8,126	12,815	18,044	26,078	38,998	53,104	62,290	67,840	66,005	63,374	64,007	62,934	61,086	52,350	36,137	21,711	7,489	0	0	0	-	-	-	-	-	-
Unrealized gain and net interest income on linked transactions, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,147	2,334	0	0	0
Unrealized loss on other derivatives and securities, net
-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-56,980	-158,815	103,703	107,546	101,933	203,953	-63,751	-55,285	-67,524	-63,587	0	0	0
Unrealized gain (loss) mortgage servicing rights
-	-	-	2,007	-	-	-10,746	-9,577	-14,899	-6,248	-415	-7,497	-5,313	-10,705	-7,611	-3,705	-629	0	-	0	0	-	-	-	-	-	-	-
Impairment of Intangible Assets, Finite-lived
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Total other gains, net
1,096	29,574	90,158	7,417	25,498	30,166	-23,844	14,347	-82,426	-178,091	-139,062	-115,691	-89,284	32,432	45,265	-13,546	-33,338	-189,480	-270,676	-190,852	-37,690	70,455	142,665	0	0	0	-	-
Expenses:
Total other gains, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Asset Management Costs
13,807	13,710	13,697	13,917	13,899	14,070	14,509	15,041	15,766	16,532	17,225	17,655	17,949	17,901	17,641	17,601	17,782	18,484	18,680	17,253	15,473	13,000	9,638	7,390	4,876	0	0	0
General and administrative expenses
9,478	7,191	7,332	7,185	7,097	8,935	9,258	9,664	9,715	8,073	7,980	8,060	8,123	7,840	7,721	7,339	7,212	7,294	7,241	6,995	6,629	5,760	5,018	4,514	3,649	0	0	0
Total expenses
23,285	20,901	21,029	21,102	20,996	23,005	23,767	24,705	25,481	24,605	25,205	25,715	26,072	25,741	25,362	24,940	24,994	25,778	25,921	24,248	22,102	18,760	14,656	11,904	8,525	0	0	0
Income before excise tax
-	-	-	86,337	-	-	43,546	83,020	-9,673	-90,695	-38,316	-15,153	16,779	141,898	159,417	124,758	130,367	-8,490	-83,791	-15,713	117,059	203,641	251,362	217,467	73,259	0	0	0
Income Tax Expense (Benefit)
-	-	-	-121	-	-	-125	-574	-916	23	42	612	1,192	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Excise and TRS tax provision
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Excise tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	473	41	0	0	0
Net income
66,516	101,174	161,335	87,084	106,252	103,765	43,669	0	0	0	-	-	-	141,482	159,179	124,100	129,509	-9,141	-84,470	-16,831	115,709	202,291	250,180	216,994	73,218	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
66,503	101,158	161,326	87,082	106,255	103,769	43,671	63,840	-45,140	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Dividends, Income Statement Impact
4,468	4,468	4,468	4,468	4,468	4,468	4,468	4,468	4,468	4,468	4,468	4,468	4,468	3,835	2,718	1,601	484	0	-	0	0	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Noncontrolling Interest
-13	-16	-9	-2	3	4	2	-1	-6	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Available to Common Stockholders, Basic
62,048	96,706	156,867	82,616	101,784	99,297	39,201	77,933	-15,097	-95,186	-42,826	-19,545	12,760	137,647	156,461	153,451	91,922	0	-	0	0	-	-	-	-	-	-	-
Earnings Per Share, Basic
-	-	-	-	-	-	-	-	-	-0.48	-	-0.49	-0.80	0.59	-	-	-	0.95	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Diluted
-	-	-	-	-	-	-	-	-	-0.48	-	-0.49	-0.80	0.58	-	-	-	0.95	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Basic and Diluted
0.15	-0.49	0.63	1.06	0.91	0.82	-	1.48	0.85	-	-	-	-	-	-	0.14	1.64	-	-0.34	0.25	-0.94	-0.56	1.90	4.03	1.15	1.82	1.72	0.25
Weighted Average Number of Shares Outstanding, Basic
45,816	45,810	45,810	45,809	45,803	45,798	45,794	45,798	45,777	46,651	48,865	50,815	51,179	51,165	51,148	51,142	51,142	51,272	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Diluted
45,818	45,822	45,820	45,814	45,804	45,806	45,787	45,801	45,778	46,666	48,849	50,828	51,190	51,209	51,196	51,158	51,142	51,272	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54,515	57,982	47,469	-	-	-	-	-	-
Weighted average number of common shares outstandingbasic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36,262	28,129	11,724	-	10,006
Common Stock, Dividends, Per Share, Declared
0.50	0.50	-	0.45	0.45	0.45	-	0.40	0.40	0.40	-	0.40	0.50	0.50	-	0.65	0.65	0.65	-	0.70	0.80	0.90	-	0.90	0.90	0.90	-	0.20