| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | |
|---|---|---|---|---|---|---|
Interest income: | ||||||
Agency securities | ||||||
88,223 | 77,798 | 99,042 | 118,764 | 199,964 | 122,082 | |
Non-agency securities | ||||||
54,400 | 69,391 | 74,789 | 64,282 | 55,368 | 23,029 | |
Investment Income, Interest | ||||||
1,025 | 581 | 287 | 312 | 367 | 309 | |
Interest expense | ||||||
52,526 | 39,582 | 30,800 | 28,631 | 38,754 | 22,067 | |
Net interest income | ||||||
91,122 | 108,188 | 143,318 | 154,727 | 216,945 | 123,353 | |
Net servicing loss | ||||||
-5,337 | -17,690 | -17,367 | -15,213 | -4,139 | 0 | |
Healthcare: | ||||||
Healthcare real estate income | ||||||
24,431 | 6,059 | 0 | 0 | - | - | |
Healthcare real estate expense | ||||||
18,569 | 5,400 | 0 | 0 | - | - | |
Net healthcare loss | ||||||
5,862 | 659 | 0 | 0 | - | - | |
Other gains (losses): | ||||||
Realized gain on agency securities, net | ||||||
-243 | 3,775 | -2,790 | -8,263 | -170,252 | 73,610 | |
Realized gain on non-agency securities, net | ||||||
32,815 | 5,947 | 5,673 | 39,080 | 16,856 | - | |
Realized gain on non-agency securities, net | ||||||
- | - | - | - | - | 1,780 | |
Realized loss on periodic settlements of interest rate swaps, net | ||||||
-7,317 | -10,337 | -16,437 | -20,388 | -41,006 | -18,458 | |
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net | ||||||
32,481 | -96,709 | -45,901 | -20,445 | - | - | |
Realized gain on other derivatives and securities, net | ||||||
- | - | - | - | 112,573 | -46,748 | |
Unrealized gain on agency securities, net | ||||||
-1,502 | -14,710 | -28,095 | 187,921 | -315,784 | 123,456 | |
Unrealized gain on non-agency securities, net | ||||||
37,350 | 40,547 | -43,153 | -26,375 | 19,391 | 64,310 | |
Unrealized Gain (Loss) on Derivatives | ||||||
-3,426 | 63,389 | 2,056 | -98,654 | - | - | |
Other Operating Income | ||||||
2,789 | 21,308 | 48,638 | 45,873 | 3,350 | 0 | |
Other Noninterest Expense | ||||||
8,126 | 38,998 | 66,005 | 61,086 | 7,489 | 0 | |
Unrealized loss on other derivatives and securities, net | ||||||
- | - | - | - | 107,546 | -55,285 | |
Unrealized gain (loss) mortgage servicing rights | ||||||
0 | -10,746 | -415 | -7,611 | 0 | 0 | |
Impairment of Intangible Assets, Finite-lived | ||||||
0 | 5,000 | 10,000 | 0 | 0 | - | |
Total other gains, net | ||||||
90,158 | -23,844 | -139,062 | 45,265 | -270,676 | 142,665 | |
Expenses: | ||||||
Asset Management Costs | ||||||
13,697 | 14,509 | 17,225 | 17,641 | 18,680 | 9,638 | |
General and administrative expenses | ||||||
7,332 | 9,258 | 7,980 | 7,721 | 7,241 | 5,018 | |
Total expenses | ||||||
21,029 | 23,767 | 25,205 | 25,362 | 25,921 | 14,656 | |
Income before excise tax | ||||||
160,776 | 43,546 | -38,316 | 159,417 | -83,791 | 251,362 | |
Income Tax Expense (Benefit) | ||||||
-550 | -125 | 42 | -238 | 679 | - | |
Excise and TRS tax provision | ||||||
- | - | - | - | - | 1,182 | |
Net income | ||||||
161,335 | 43,669 | -38,358 | 159,179 | -84,470 | 250,180 | |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
161,326 | 43,671 | -38,358 | 159,179 | - | - | |
Preferred Stock Dividends, Income Statement Impact | ||||||
4,468 | 4,468 | 4,468 | 2,718 | 0 | 0 | |
Net Income (Loss) Attributable to Noncontrolling Interest | ||||||
-9 | 2 | 0 | 0 | - | - | |
Net Income (Loss) Available to Common Stockholders, Basic | ||||||
156,867 | 39,201 | -42,826 | 156,461 | -84,470 | 250,180 | |
Earnings Per Share, Basic | ||||||
- | - | - | 3.06 | - | - | |
Earnings Per Share, Diluted | ||||||
- | - | - | 3.06 | - | - | |
Earnings Per Share, Basic and Diluted | ||||||
3.42 | 0.85 | -0.85 | - | -1.59 | 8.90 | |
Weighted Average Number of Shares Outstanding, Basic | ||||||
45,805 | 46,005 | 50,506 | 51,176 | 53,015 | 28,100 | |
Weighted Average Number of Shares Outstanding, Diluted | ||||||
45,811 | 46,008 | 50,519 | 51,192 | 53,015 | 28,100 | |