| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Net Interest Income | ||||||
Interest income | ||||||
217,264 | 209,362 | 124,291 | 123,756 | 152,704 | 149,110 | 125,328 |
Interest expense (includes $2,164 and $2,338 on securitized debt held by affiliates, respectively) | ||||||
150,274 | 138,240 | 48,373 | 32,430 | 27,605 | 22,263 | 18,019 |
Net Interest Income | ||||||
66,990 | 71,122 | 75,918 | 91,326 | 125,099 | 126,847 | 107,309 |
Other Income (Loss) | ||||||
Realized gain (loss) on investments, net | ||||||
28,278 | -63,257 | 20,598 | -21,991 | 8,279 | -2,178 | -110,712 |
Other than temporary impairment | ||||||
8,574 | 11,180 | 22,873 | 32,286 | 19,791 | 17,014 | 11,858 |
Unrealized gain (loss), net | ||||||
107,529 | -24,671 | 28,396 | -17,107 | -34,011 | 189,011 | -160,109 |
Gain (loss) on derivative instruments, net | ||||||
-103,727 | 77,969 | 3,292 | -20,735 | -68,895 | -180,496 | 157,547 |
Gain on linked transactions, net | ||||||
- | - | - | - | - | 1,870 | 4,137 |
Other, net | ||||||
2,204 | -189 | 1,031 | 180 | 2,318 | 1,433 | 91 |
Other Income (Loss) | ||||||
25,710 | -21,328 | 30,444 | -91,939 | -112,100 | -7,374 | -120,904 |
Expenses | ||||||
Management fee to affiliate | ||||||
7,354 | 8,673 | 8,100 | 10,448 | 10,874 | 9,633 | 7,814 |
Other operating expenses | ||||||
5,519 | 6,076 | 2,419 | 1,045 | 2,014 | 761 | - |
General and administrative expenses: | ||||||
Compensation expense | ||||||
2,591 | 2,186 | 2,692 | 3,022 | 3,762 | 3,330 | - |
Professional fees | ||||||
3,980 | 4,299 | 3,242 | 4,814 | 4,368 | 3,495 | - |
Other general and administrative expenses | ||||||
1,500 | 1,442 | 1,325 | 1,917 | 1,465 | 1,541 | - |
Total general and administrative expenses | ||||||
8,071 | 7,927 | 7,259 | 9,753 | 9,595 | 8,366 | 6,446 |
Total Expenses | ||||||
20,944 | 22,676 | 17,778 | 21,246 | 22,483 | 18,760 | 14,260 |
Income (loss) before income taxes | ||||||
71,756 | 27,118 | 88,584 | -21,859 | -9,484 | 100,713 | - |
Income tax (benefit) provision | ||||||
1,057 | 709 | 3,487 | 3,156 | 0 | 0 | - |
Net income (loss) | ||||||
70,699 | 26,409 | 85,097 | -25,015 | -9,484 | 100,713 | -27,855 |
Net income (loss) per Common Share — Basic (in dollars per share) | ||||||
1.37 | 0.61 | 2.03 | -0.61 | -0.25 | 2.67 | -1.19 |
Net income (loss) per Common Share — Diluted (in dollars per share) | ||||||
1.37 | 0.61 | 2.03 | -0.61 | -0.25 | 2.67 | -1.19 |