|
Other operating expenses
|
|
$880k
|
($201k)
|
($1.6m)
|
$22k
|
($1.1m)
|
($1.3m)
|
($1.5m)
|
($2.2m)
|
($1.9m)
|
($1.5m)
|
|
Total operating expenses
|
|
—
|
—
|
—
|
—
|
($22.1m)
|
($25.4m)
|
($33.8m)
|
($32.9m)
|
($36.5m)
|
($53.0m)
|
|
Interest income
|
|
$91.9m
|
$94.5m
|
$110.1m
|
$170.2m
|
$96.5m
|
$60.1m
|
$86.7m
|
$207.5m
|
$319.5m
|
$533.5m
|
|
Unrealized gain (loss) on investments, net
|
|
—
|
—
|
—
|
($56k)
|
$20k
|
($14.8m)
|
($213.0m)
|
$142.5m
|
($142.4m)
|
$370.9m
|
|
(Loss) gain on derivative instruments, net
|
|
($5.6m)
|
$3.0m
|
($3.5m)
|
$186.9m
|
$172.3m
|
($81.4m)
|
$436.0m
|
($32.9m)
|
$288.4m
|
($113.1m)
|
|
Compensation and benefits
|
|
($7.5m)
|
($8.5m)
|
($6.6m)
|
($7.5m)
|
($11.7m)
|
($12.8m)
|
($16.8m)
|
($16.9m)
|
($20.5m)
|
($35.1m)
|
|
Other general and administrative
|
|
($7.2m)
|
($7.3m)
|
($8.5m)
|
($8.5m)
|
($9.3m)
|
($11.3m)
|
($15.5m)
|
($13.8m)
|
($14.1m)
|
($16.4m)
|
|
Preferred stock dividends
|
|
($9.2m)
|
$10.8m
|
$11.8m
|
($13.0m)
|
($13.6m)
|
($8.3m)
|
($7.7m)
|
($7.7m)
|
($7.7m)
|
—
|
|
Unrealized gain (loss) on available-for-sale investments, net
|
|
($23.8m)
|
$12.7m
|
($50.2m)
|
$204.0m
|
$214.5m
|
($66.8m)
|
($202.1m)
|
$22.8m
|
($14.0m)
|
$45.4m
|
|
Comprehensive income to common shareholders
|
|
$14.1m
|
$47.0m
|
($31.9m)
|
$44.0m
|
$66.5m
|
$17.4m
|
($52.6m)
|
$9.0m
|
$92.2m
|
$354.3m
|
|
Realized loss on sales of investments, net
|
|
($4.2m)
|
($11.5m)
|
($23.4m)
|
($5.8m)
|
$308.1m
|
$6.7m
|
($89.1m)
|
($74.9m)
|
($1.5m)
|
$0
|
|
Total other gains, net
|
|
—
|
—
|
—
|
—
|
$135.8m
|
$73.3m
|
$133.9m
|
$34.7m
|
$144.5m
|
$257.8m
|
|
Total other comprehensive income (loss)
|
|
($19.8m)
|
$23.9m
|
($27.1m)
|
$209.6m
|
($93.5m)
|
($73.5m)
|
($188.1m)
|
$22.8m
|
($14.0m)
|
$45.4m
|
|
Net income (loss)
|
|
$43.1m
|
$33.9m
|
$7.0m
|
($152.7m)
|
$177.5m
|
$102.3m
|
$143.2m
|
($6.1m)
|
$113.9m
|
$319.1m
|
|
Net income (loss) to common shareholders
|
|
$33.9m
|
$23.1m
|
($4.8m)
|
($165.6m)
|
$160.0m
|
$90.9m
|
$135.5m
|
($13.8m)
|
$106.2m
|
$308.9m
|
|
Net income (loss) per common share-basic (in dollars per share)
|
|
—
|
—
|
—
|
($7)
|
$7
|
$3
|
$3
|
($0)
|
$2
|
$2
|
|
Net income (loss) per common share-diluted (in dollars per share)
|
|
$1
|
$0
|
($0)
|
($7)
|
$7
|
$3
|
$3
|
($0)
|
$1
|
$2
|
|
Weighted average common shares-basic (in shares)
|
|
—
|
—
|
—
|
$23.6m
|
$23.1m
|
$32.6m
|
$42.5m
|
$54.8m
|
$70.8m
|
$124.1m
|
|
Weighted average common shares-diluted (in shares)
|
|
—
|
—
|
—
|
$23.6m
|
$23.1m
|
$32.8m
|
$42.7m
|
$54.8m
|
$71.3m
|
$125.1m
|
|
Interest expense
|
|
$25.2m
|
$36.2m
|
$59.6m
|
$114.1m
|
($32.6m)
|
($5.7m)
|
($43.6m)
|
($215.4m)
|
$313.7m
|
($419.2m)
|
|
Net interest income (expense)
|
|
$66.7m
|
$58.3m
|
$50.5m
|
$56.1m
|
$63.9m
|
$54.4m
|
$43.1m
|
($7.9m)
|
$5.9m
|
$114.4m
|