| Quarterly Financial Data |
Quarterly Financial Data - Unaudited
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2020 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 |
$ |
255,507 |
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$ |
107,327 |
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$ |
89,716 |
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$ |
72,500 |
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| Total interest expense |
167,308 |
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62,114 |
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29,185 |
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22,641 |
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| Net interest income |
88,199 |
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45,213 |
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60,531 |
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49,859 |
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| Other-than-temporary impairment losses |
— |
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— |
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— |
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— |
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| Total other (loss) income |
(1,920,741) |
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(42,658) |
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44,325 |
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207,508 |
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| Total expenses |
50,252 |
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194,283 |
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(88,856) |
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42,380 |
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| (Benefit from) provision for income taxes |
(13,138) |
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(18,164) |
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(8,202) |
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3,816 |
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Dividends on preferred stock |
18,950 |
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18,951 |
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18,950 |
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18,951 |
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Net (loss) income attributable to common stockholders |
$ |
(1,888,606) |
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$ |
(192,515) |
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$ |
182,964 |
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$ |
192,220 |
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Basic (loss) earnings per weighted average common share |
$ |
(6.91) |
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$ |
(0.70) |
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$ |
0.67 |
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$ |
0.70 |
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Diluted (loss) earnings per weighted average common share |
$ |
(6.91) |
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$ |
(0.70) |
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$ |
0.64 |
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$ |
0.68 |
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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 |
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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) |
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| Total other (loss) income |
(70,176) |
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(107,494) |
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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) |
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2,407 |
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(3,556) |
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(2,372) |
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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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