| Quarterly Financial Data |
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2019 Quarter Ended |
(in thousands, except share data) |
March 31 |
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June 30 |
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September 30 |
|
December 31 |
Total interest income |
$ |
245,483 |
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|
$ |
261,029 |
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$ |
249,740 |
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$ |
238,438 |
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Total interest expense |
163,525 |
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|
192,443 |
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|
191,077 |
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|
167,284 |
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Net interest income |
81,958 |
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|
68,586 |
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|
58,663 |
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|
71,154 |
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Other-than-temporary impairment losses |
(206 |
) |
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(4,848 |
) |
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(5,950 |
) |
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(3,308 |
) |
Total other (loss) income |
(70,176 |
) |
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(107,494 |
) |
|
297,310 |
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|
116,477 |
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Total expenses |
47,550 |
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|
44,394 |
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|
47,879 |
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|
51,941 |
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(Benefit from) provision for income taxes |
(10,039 |
) |
|
2,407 |
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(3,556 |
) |
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(2,372 |
) |
Dividends on preferred stock |
18,950 |
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|
18,950 |
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|
18,951 |
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|
18,950 |
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Net (loss) income attributable to common stockholders |
$ |
(44,885 |
) |
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$ |
(109,507 |
) |
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$ |
286,749 |
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$ |
115,804 |
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Basic (loss) earnings per weighted average common share |
$ |
(0.18 |
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$ |
(0.40 |
) |
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$ |
1.05 |
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$ |
0.42 |
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Diluted (loss) earnings per weighted average common share |
$ |
(0.18 |
) |
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$ |
(0.40 |
) |
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$ |
1.00 |
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$ |
0.41 |
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2018 Quarter Ended |
(in thousands, except share data) |
March 31 |
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June 30 |
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September 30 |
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December 31 |
Total interest income |
$ |
194,019 |
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$ |
187,360 |
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$ |
236,698 |
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$ |
251,955 |
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Total interest expense |
96,560 |
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|
108,414 |
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|
152,396 |
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|
162,301 |
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Net interest income |
97,459 |
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|
78,946 |
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|
84,302 |
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|
89,654 |
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Other-than-temporary impairment losses |
(94 |
) |
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(174 |
) |
|
(95 |
) |
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(107 |
) |
Total other income (loss) |
281,982 |
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|
93,174 |
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|
112,514 |
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(590,696 |
) |
Total expenses |
40,754 |
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|
38,507 |
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|
123,366 |
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|
46,705 |
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Provision for (benefit from) income taxes |
3,784 |
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(6,051 |
) |
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37,409 |
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|
6,681 |
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Dividends on preferred stock |
13,747 |
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|
13,747 |
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|
18,951 |
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|
18,950 |
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Net income (loss) attributable to common stockholders |
$ |
321,062 |
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$ |
125,743 |
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$ |
16,995 |
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$ |
(573,485 |
) |
Basic earnings (loss) per weighted average common share |
$ |
1.83 |
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$ |
0.72 |
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$ |
0.08 |
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$ |
(2.31 |
) |
Diluted earnings (loss) per weighted average common share |
$ |
1.69 |
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$ |
0.68 |
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$ |
0.08 |
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$ |
(2.31 |
) |
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