Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2019-12-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-07-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net interest income | 275,750,000 | 273,200,000 | 219,971,000 | 187,288,000 | 13,401,000 | 53,558,000 | -6,451,000 | -53,550,000 | -45,334,000 | -31,963,000 | 19,463,000 | 135,087,000 | 277,997,000 | 475,140,000 | 580,928,000 | 360,995,000 | 362,534,000 | 322,859,000 | 687,405,000 | 432,863,000 | 447,317,000 | 272,900,000 | 315,623,000 | 334,114,000 | 512,066,000 | 426,712,000 | 353,613,000 | 315,145,000 | 389,302,000 | 384,514,000 | 304,363,000 | 240,696,000 | 457,580,000 | 340,495,000 | 511,274,000 | 389,752,000 | 719,881,000 | 721,550,000 | 717,567,000 | 809,385,000 | 843,748,000 | 522,444,000 | 464,899,000 | 436,746,000 | 387,805,000 | ||||
interest income | 1,532,497,000 | 1,418,893,000 | 1,317,108,000 | 1,338,880,000 | 1,229,341,000 | 1,177,325,000 | 1,094,488,000 | 990,352,000 | 1,001,485,000 | 921,494,000 | 818,250,000 | 798,934,000 | 678,488,000 | 645,615,000 | 655,850,000 | 422,780,000 | 412,972,000 | 383,906,000 | 763,378,000 | 527,344,000 | 562,443,000 | 859,674,000 | 816,596,000 | 776,806,000 | 879,487,000 | 745,423,000 | 622,550,000 | 537,426,000 | 587,727,000 | 558,668,000 | 457,118,000 | 388,143,000 | 576,387,000 | 450,792,000 | 624,346,000 | 519,172,000 | 542,734,750 | 744,523,000 | 710,401,000 | ||||||||||
interest expense | 1,256,747,000 | 1,145,693,000 | 1,097,137,000 | 1,151,592,000 | 1,215,940,000 | 1,123,767,000 | 1,100,939,000 | 1,043,902,000 | 1,046,819,000 | 953,457,000 | 798,787,000 | 663,847,000 | 400,491,000 | 170,475,000 | 74,922,000 | 61,785,000 | 50,438,000 | 61,047,000 | 75,973,000 | 94,481,000 | 115,126,000 | 586,774,000 | 500,973,000 | 442,692,000 | 367,421,000 | 318,711,000 | 268,937,000 | 222,281,000 | 198,425,000 | 174,154,000 | 152,755,000 | 147,447,000 | 118,807,000 | 110,297,000 | 113,072,000 | 129,420,000 | 252,249,500 | 307,777,000 | 322,596,000 | ||||||||||
net servicing income | 126,252,000 | 127,099,000 | 126,322,000 | 115,576,000 | 109,595,000 | 107,898,000 | 102,868,000 | 87,255,000 | 87,997,000 | 74,860,000 | 76,393,000 | 74,381,000 | 66,706,000 | 49,736,000 | 30,958,000 | ||||||||||||||||||||||||||||||||||
servicing and related income | 141,356,000 | 141,670,000 | 140,435,000 | 127,224,000 | 122,583,000 | 120,515,000 | 115,084,000 | 98,474,000 | 97,620,000 | 83,790,000 | 84,273,000 | 82,040,000 | 74,486,000 | 55,685,000 | 34,715,000 | ||||||||||||||||||||||||||||||||||
servicing and related expense | 15,104,000 | 14,571,000 | 14,113,000 | 11,648,000 | 12,988,000 | 12,617,000 | 12,216,000 | 11,219,000 | 9,623,000 | 8,930,000 | 7,880,000 | 7,659,000 | 7,780,000 | 5,949,000 | 3,757,000 | ||||||||||||||||||||||||||||||||||
other income | 26,617,000 | 16,221,000 | 1,675,000 | 15,258,000 | 15,205,000 | 7,959,000 | 52,377,000 | -10,643,000 | 34,170,000 | 34,023,000 | 25,064,000 | 28,282,000 | 30,865,000 | 31,646,000 | 29,271,000 | -9,930,000 | -6,115,000 | 23,230,000 | -13,521,000 | -22,344,000 | -1,082,000 | ||||||||||||||||||||||||||||
net gains on investments and other | 561,927,000 | 83,503,000 | 810,812,000 | 40,210,250 | 1,723,713,000 | -568,745,000 | -994,127,000 | -1,005,090,500 | -2,713,126,000 | -1,308,948,000 | 1,712,000 | -869,383,000 | -2,702,512,000 | -615,216,000 | -159,804,000 | ||||||||||||||||||||||||||||||||||
net gains on derivatives | -92,308,000 | -388,785,000 | -977,867,000 | 13,405,250 | -1,754,010,000 | 430,487,000 | 1,377,144,000 | 675,500,750 | 2,127,430,000 | 1,475,325,000 | -900,752,000 | 1,193,727,750 | 2,117,240,000 | 1,015,643,000 | 1,642,028,000 | ||||||||||||||||||||||||||||||||||
other | 13,959,000 | 15,812,000 | 7,398,000 | 18,899,000 | 27,438,000 | 24,791,000 | 23,367,000 | 12,713,250 | 26,250,000 | 9,105,000 | 15,498,000 | -225,500 | 1,526,000 | -5,486,000 | 3,058,000 | ||||||||||||||||||||||||||||||||||
total other income | 483,578,000 | -289,470,000 | -159,657,000 | 72,514,500 | -2,859,000 | -113,467,000 | 406,384,000 | -316,821,750 | -559,446,000 | 175,482,000 | -883,323,000 | 324,287,500 | -585,069,000 | 397,899,000 | 1,484,320,000 | 34,170,000 | 34,023,000 | 25,064,000 | 28,282,000 | 30,865,000 | 31,646,000 | 29,271,000 | -9,930,000 | -6,115,000 | -865,750 | -9,741,000 | -7,422,000 | -815,299,000 | -734,836,000 | 264,625,000 | -191,614,000 | -1,650,587,000 | -652,940,000 | 241,713,000 | 312,475,000 | -108,078,000 | 247,528,000 | ||||||||||||
general and administrative expenses | 43,562,500 | 65,194,000 | 57,229,000 | 51,827,000 | 36,880,000 | 33,344,000 | 30,046,000 | ||||||||||||||||||||||||||||||||||||||||||
compensation expense | 38,393,000 | 36,583,000 | 37,297,000 | 24,112,000 | 34,453,000 | 33,274,000 | 28,721,000 | 22,522,500 | 30,064,000 | 30,635,000 | 29,391,000 | 20,747,250 | 27,744,000 | 22,243,000 | 53,536,000 | 59,014,000 | |||||||||||||||||||||||||||||||||
other general and administrative expenses | 11,947,000 | 13,435,000 | 10,767,000 | 7,733,500 | 9,468,000 | 11,617,000 | 9,849,000 | 8,390,500 | 9,845,000 | 12,280,000 | 11,437,000 | 9,183,750 | 10,178,000 | 13,795,000 | 12,762,000 | 13,640,000 | 16,023,000 | 21,513,000 | 18,177,000 | 20,443,000 | 19,636,000 | 29,177,250 | 80,526,000 | 18,202,000 | 17,981,000 | 15,128,000 | 15,023,000 | 15,085,000 | 14,566,000 | 59,028,000 | 13,173,000 | 10,948,000 | 9,827,750 | 12,007,000 | 14,995,000 | 12,309,000 | 11,012,000 | 8,893,000 | |||||||||||
total general and administrative expenses | 50,340,000 | 50,018,000 | 48,064,000 | 31,845,500 | 43,921,000 | 44,891,000 | 38,570,000 | 30,913,000 | 39,909,000 | 42,915,000 | 40,828,000 | 29,931,000 | 37,922,000 | 36,038,000 | 45,764,000 | 40,701,000 | 43,882,000 | 53,526,000 | 49,695,000 | 45,071,000 | 48,832,000 | 63,200,000 | 126,509,000 | 63,781,000 | 62,510,000 | 59,257,000 | 57,016,000 | 54,023,000 | 53,828,000 | 97,737,000 | 49,221,000 | 47,945,000 | 38,101,000 | 49,457,000 | 52,009,000 | 50,938,000 | |||||||||||||
income before income taxes | 835,240,000 | 60,811,000 | 138,572,000 | 483,483,000 | 76,216,000 | 3,098,000 | 464,231,000 | -389,500,000 | -556,692,000 | 175,464,000 | -828,295,000 | -886,900,000 | -278,288,000 | 886,737,000 | 2,050,442,000 | 425,089,000 | 514,767,000 | -289,714,000 | 1,750,813,000 | 865,140,000 | 1,025,267,000 | -2,253,831,000 | 378,187,000 | 599,149,000 | 1,328,268,000 | 751,734,000 | 368,686,000 | 14,193,000 | 728,954,000 | -278,573,000 | -868,917,000 | -52,989,500 | -627,861,000 | 892,388,000 | -476,485,000 | ||||||||||||||
income taxes | -7,823,000 | 440,000 | 8,267,000 | 10,407,000 | -6,135,000 | 11,931,000 | -943,000 | 1,732,000 | 12,392,000 | 14,277,000 | 11,033,000 | -86,000 | -4,311,000 | 23,420,000 | 26,548,000 | 6,629,000 | -6,767,000 | 5,134,000 | -321,000 | -13,495,000 | 9,719,000 | -854,000 | -7,242,000 | 3,262,000 | 564,000 | 4,963,000 | 1,371,000 | -329,000 | 977,000 | -1,926,000 | -76,000 | -837,000 | 6,085,000 | -370,000 | -7,683,000 | 14,000 | -11,656,000 | -16,462,000 | -17,297,000 | -15,417,000 | -12,762,000 | -13,575,000 | 10,489,000 | 9,657,000 | 7,801,000 | ||||
net income | 843,063,000 | 60,371,000 | 130,305,000 | 473,076,000 | 82,351,000 | -8,833,000 | 465,174,000 | -391,232,000 | -569,084,000 | 161,187,000 | -839,328,000 | -886,814,000 | -273,977,000 | 863,317,000 | 2,023,894,000 | 418,460,000 | 521,534,000 | -294,848,000 | 1,751,134,000 | 878,635,000 | 1,015,548,000 | -2,254,872,000 | 385,429,000 | 595,887,000 | 1,327,704,000 | 746,771,000 | 367,315,000 | 14,522,000 | 440,408,000 | 730,880,000 | -278,497,000 | -868,080,000 | 669,666,000 | -627,491,000 | 900,071,000 | -476,499,000 | -91,159,000 | 901,806,000 | 445,562,000 | -921,813,000 | 120,817,000 | 699,895,000 | 729,335,000 | 285,189,000 | 597,054,000 | ||||
yoy | 923.74% | -783.47% | -71.99% | -220.92% | -114.47% | -105.48% | -155.42% | -55.88% | 107.71% | -81.33% | -141.47% | -311.92% | -152.53% | -392.80% | 15.58% | -52.37% | -48.65% | -177.66% | 127.96% | 70.43% | -401.95% | 4.93% | 4003.34% | 201.47% | 2.17% | -231.89% | -101.67% | -34.23% | -216.48% | -130.94% | 82.18% | -1087.36% | -152.84% | -175.45% | 28.85% | -226.39% | -57.64% | 17.22% | |||||||||||
qoq | 1296.47% | -53.67% | -72.46% | 474.46% | -1032.31% | -101.90% | -218.90% | -31.25% | -453.06% | -119.20% | -5.35% | 223.68% | -131.74% | -57.34% | 383.65% | -19.76% | -276.88% | -116.84% | 99.30% | -13.48% | -685.03% | -35.32% | -55.12% | 77.79% | 103.31% | 2429.37% | -96.70% | -39.74% | -362.44% | -67.92% | -229.63% | -206.72% | -169.72% | -288.89% | -110.11% | 102.40% | -148.34% | -862.98% | -82.74% | 155.74% | -52.23% | ||||||||
net income margin % | |||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to noncontrolling interests | 10,618,000 | 3,272,000 | 6,081,000 | 4,709,500 | 15,906,000 | 650,000 | 2,282,000 | -1,949,250 | -6,879,000 | -5,846,000 | 4,928,000 | -113,250 | 1,287,000 | -3,379,000 | 1,639,000 | 2,979,000 | 2,290,000 | 794,000 | 321,000 | 1,419,000 | -126,000 | -69,250 | -149,000 | ||||||||||||||||||||||||||
net income attributable to annaly | 832,445,000 | 57,099,000 | 124,224,000 | 482,052,000 | 66,445,000 | -9,483,000 | 462,892,000 | -403,743,000 | -562,205,000 | 167,033,000 | -844,256,000 | -888,362,000 | -275,264,000 | 866,696,000 | 2,022,255,000 | 415,481,000 | 519,244,000 | -295,642,000 | 1,750,813,000 | 877,216,000 | 1,015,674,000 | -2,254,889,000 | 385,578,000 | 595,919,000 | 1,327,800,000 | 746,922,000 | 367,547,000 | 14,624,000 | 440,511,000 | 731,216,000 | -278,112,000 | -867,918,000 | 670,039,000 | -627,294,000 | 900,220,000 | -476,409,000 | |||||||||||||
dividends on preferred stock | 41,127,000 | 37,260,000 | 37,157,000 | 28,961,750 | 41,628,000 | 37,158,000 | 37,061,000 | 26,123,750 | 36,854,000 | 35,766,000 | 31,875,000 | 20,162,250 | 26,883,000 | 26,883,000 | 26,883,000 | 26,883,000 | 26,883,000 | 26,883,000 | 26,883,000 | 35,509,000 | 35,509,000 | 32,494,000 | 31,675,000 | 31,377,000 | 33,766,000 | 32,334,000 | 30,355,000 | 23,473,000 | 23,473,000 | 22,803,000 | 17,992,000 | 17,992,000 | 17,992,000 | 17,992,000 | 17,992,000 | 17,992,000 | 6,508,000 | 3,938,000 | 4,148,000 | 4,172,000 | 4,267,000 | 4,267,000 | 4,625,000 | 4,625,000 | 4,625,000 | ||||
net income available (related) to common stockholders | 791,318,000 | 19,839,000 | 87,067,000 | 443,348,000 | 24,817,000 | -46,641,000 | 425,831,000 | -440,924,000 | -599,059,000 | 131,267,000 | -876,131,000 | -918,336,000 | -302,147,000 | 839,813,000 | 1,995,372,000 | 388,598,000 | 492,361,000 | -322,525,000 | 1,723,930,000 | 841,707,000 | 980,165,000 | -2,287,383,000 | 353,903,000 | 564,542,000 | 1,294,034,000 | 714,588,000 | 337,192,000 | -8,849,000 | 417,038,000 | 708,413,000 | -296,104,000 | -885,910,000 | 652,047,000 | -645,286,000 | 882,228,000 | -494,401,000 | |||||||||||||
net income per share | |||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1.21 | 0.03 | 0.15 | 0.82 | 0.05 | -0.09 | 0.85 | -0.88 | -1.21 | 0.27 | -1.79 | -2.53 | -0.7 | 0.55 | 1.37 | 0.26 | 0.34 | -0.23 | 1.23 | 0.59 | 0.7 | -1.94 | 0.29 | 0.49 | 1.12 | 0.65 | 0.31 | -0.01 | 0.41 | 0.7 | -0.32 | -0.96 | 0.69 | -0.68 | 0.93 | -0.52 | |||||||||||||
diluted | 1.2 | 0.03 | 0.15 | 0.82 | 0.05 | -0.09 | 0.85 | -0.88 | -1.21 | 0.27 | -1.79 | -2.53 | -0.7 | 0.55 | 1.36 | 0.27 | 0.34 | -0.23 | 1.23 | 0.59 | 0.7 | -1.94 | 0.29 | 0.49 | 1.12 | 0.65 | 0.31 | -0.01 | 0.41 | 0.7 | -0.32 | -0.96 | 0.69 | -0.68 | 0.93 | -0.52 | |||||||||||||
weighted-average number of common shares outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||
basic | 656,335,974 | 620,208,712 | 587,149,704 | 521,737,554 | 515,729,658 | 500,950,563 | 500,612,840 | 494,541,323 | 494,330,361 | 494,165,256 | 489,688,364 | 411,348,484 | 429,858,876 | 1,522,436,766 | 1,461,363,637 | 1,427,426,079 | 1,445,315,914 | 1,410,239,138 | 1,399,210,925 | 1,414,659,439 | 1,404,202,695 | 1,209,601,809 | 1,202,353,851 | 1,160,436,777 | 1,159,617,848 | 1,065,923,652 | 1,072,566,395 | 1,019,000,817 | 1,018,942,746 | 1,007,607,893 | 924,887,316 | 926,813,588 | 947,062,099 | 947,795,500 | 947,731,493 | 947,669,831 | 947,539,294 | 974,555,392 | 971,727,701 | 948,545,975 | 822,623,370 | 752,413,605 | 546,973,036 | ||||||
diluted | 657,856,427 | 621,103,218 | 588,420,998 | 522,747,610 | 516,832,152 | 500,950,563 | 501,182,043 | 494,541,323 | 494,330,361 | 494,358,982 | 489,688,364 | 411,621,758 | 429,858,876 | 1,523,595,000 | 1,462,451,965 | 1,428,569,003 | 1,446,357,867 | 1,410,239,138 | 1,400,000,727 | 1,414,659,439 | 1,404,368,300 | 1,209,601,809 | 1,202,353,851 | 1,160,979,451 | 1,160,103,185 | 1,066,351,616 | 1,073,040,637 | 1,019,000,817 | 1,019,307,379 | 1,007,963,406 | 924,887,316 | 926,813,588 | 947,276,742 | 947,795,500 | 947,929,762 | 947,669,831 | 947,539,294 | 974,555,392 | 1,010,588,609 | 948,545,975 | 827,754,731 | 790,993,841 | 553,130,643 | ||||||
other comprehensive income | 115,659 | 47,356 | 230,280 | 155,799.25 | 444,724 | 124,991 | 53,482 | 253,530 | -312,245 | 168,083 | 1,158,282 | -1,597,461.5 | -1,120,510 | -1,845,444 | -3,423,892 | -680,228 | -141,637 | -221,956 | -1,372,104 | -214,721 | -253,018 | -674,234 | -388,509 | -434,367 | -1,874,060 | -485,871 | 210,618 | 275,324 | -40,198 | 2,631 | 476,680 | 1,017,962 | 14,493 | 617,820 | -1,128,964 | 569,116 | 646,890 | -242,558 | 477,211.5 | 1,023,657 | 1,040,303 | -68,677 | 597,860 | 240,583 | |||||
unrealized gains on available-for-sale securities | 113,281 | 33,559 | 164,877 | 23,210.75 | 428,955 | -54,243 | -281,869 | -110,989.25 | -825,286 | -294,045 | 675,374 | -2,162,609.5 | -2,578,509 | -2,503,250 | -3,568,679 | -685,699 | -113,451 | -191,541 | -1,428,927 | -207,393 | -140,671 | -776,054.5 | -719,609 | -505,130 | -1,879,479 | -487,597 | 195,251 | 261,964 | -59,615 | 18,237 | 483,930 | 1,017,707 | 29,038.5 | 609,725 | -1,125,043 | 631,472 | 741,727 | -162,259 | 505,184.25 | 1,115,325 | 1,047,639 | -142,227 | |||||||
reclassification adjustment for net (gains) losses included in net income | 2,378 | 13,797 | 65,403 | 132,588.5 | 15,769 | 179,234 | 335,351 | 364,519.25 | 513,041 | 462,128 | 482,908 | 565,148 | 1,457,999 | 657,806 | 144,787 | 5,471 | -28,186 | -30,415 | 56,823 | -7,328 | -112,347 | 101,820.5 | 331,100 | 70,763 | 5,419 | 1,726 | 15,367 | 13,360 | 19,417 | -15,606 | -7,250 | 255 | -14,545.5 | 8,095 | -3,921 | -62,356 | -94,837 | -80,299 | -31,547.25 | -91,668 | -7,336 | ||||||||
comprehensive income | 958,722 | 107,727 | 360,585 | 290,472.25 | 527,075 | 116,158 | 518,656 | -58,276.25 | -881,329 | 329,270 | 318,954 | -944,153 | -1,394,487 | -982,127 | -1,399,998 | -261,768 | 379,897 | -516,804 | 379,030 | 663,914 | 762,530 | -96,979 | -3,080 | 161,520 | -546,356 | 260,900 | 577,933 | 289,846 | 400,210 | 733,511 | 198,183 | 149,882 | -36,486.75 | -9,671 | -228,893 | 92,617 | 555,731 | 659,248 | 451,936.25 | 101,844 | 1,161,120 | 544,781 | |||||||
comprehensive income attributable to noncontrolling interests | 10,618 | 3,272 | 6,081 | 4,709.5 | 15,906 | 650 | 2,282 | -1,949.25 | -6,879 | -5,846 | 4,928 | -113.25 | 1,287 | -3,379 | 1,639 | 2,979 | 2,290 | 794 | 321 | 1,419 | -126 | -69.25 | -149 | ||||||||||||||||||||||||||
comprehensive income attributable to annaly | 948,104 | 104,455 | 354,504 | 285,762.75 | 511,169 | 115,508 | 516,374 | -56,327 | -874,450 | 335,116 | 314,026 | -944,039.75 | -1,395,774 | -978,748 | -1,401,637 | -264,747 | 377,607 | -517,598 | 378,709 | 662,495 | 762,656 | -96,909.75 | -2,931 | 161,552 | -546,260 | 261,051 | 578,165 | 289,948 | 400,313 | 733,847 | 198,568 | 150,044 | -36,377.75 | -9,474 | -228,744 | 92,707 | |||||||||||||
comprehensive income attributable to common stockholders | 906,977 | 67,195 | 317,347 | 256,801 | 469,541 | 78,350 | 479,313 | -82,450.75 | -911,304 | 299,350 | 282,151 | -964,202 | -1,422,657 | -1,005,631 | -1,428,520 | -291,630 | 350,724 | -544,481 | 351,826 | 626,986 | 727,147 | -121,114.25 | -34,606 | 130,175 | -580,026 | 228,717 | 547,810 | 266,475 | |||||||||||||||||||||
the three and nine months ended september 30, 2025 include cumulative and undeclared dividends of 3.7 million on the company's 8.875% series j fixed-rate cumulative redeemable preferred stock (the “series j preferred stock”) as of september 30, 2025. | |||||||||||||||||||||||||||||||||||||||||||||||||
see notes to consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||
loan loss (provision) reversal | 54,750 | 219,000 | 6,979,500 | 1,613,000 | 26,913,000 | -608,000 | -194,000 | 6,134,000 | -494,000 | 139,620,000 | |||||||||||||||||||||||||||||||||||||||
business divestiture-related gains | -6,811,250 | -2,936,000 | -23,955,000 | -354,000 | -16,514,000 | -14,009,000 | 1,527,000 | -249,563,000 | |||||||||||||||||||||||||||||||||||||||||
compensation and management fee | 33,002,000 | 27,061,000 | 27,859,000 | 32,013,000 | 31,518,000 | 24,628,000 | 29,196,000 | 34,022,750 | 45,983,000 | 45,579,000 | 44,529,000 | 44,129,000 | 41,993,000 | 38,938,000 | 39,262,000 | 38,709,000 | 36,048,000 | 36,997,000 | 28,273,250 | 37,450,000 | 37,014,000 | 38,629,000 | |||||||||||||||||||||||||||
realized and unrealized gains | |||||||||||||||||||||||||||||||||||||||||||||||||
net interest component of interest rate swaps | -58,897,000 | -54,411,000 | -83,087,000 | -79,747,000 | -66,807,000 | -62,529,000 | 8,666,000 | 51,349,000 | 31,475,000 | ||||||||||||||||||||||||||||||||||||||||
realized gains on termination or maturity of interest rate swaps | -39,932,000 | -1,196,417,000 | 2,092,000 | -427,000 | 352,250 | 575,000 | 834,000 | ||||||||||||||||||||||||||||||||||||||||||
unrealized gains on interest rate swaps | 186,345,000 | 1,380,946,000 | -141,067,000 | 772,262,000 | 258,236,000 | 170,327,000 | 434,490,750 | 417,203,000 | 343,475,000 | 977,285,000 | 484,447,000 | 56,854,000 | -177,567,000 | 149,184,000 | 256,462,000 | -373,220,000 | -1,031,720,000 | -146,998,750 | -822,585,000 | 700,792,000 | -466,202,000 | -611,215,000 | 341,639,000 | -12,139,000 | -1,505,333,000 | -466,943,000 | 169,308,000 | ||||||||||||||||||||||
subtotal | 87,516,000 | 130,118,000 | -224,154,000 | 692,515,000 | 193,521,000 | 107,371,000 | 443,509,000 | 469,127,000 | 374,950,000 | 929,959,000 | 242,101,000 | -31,357,000 | -274,095,000 | 45,028,000 | 133,227,000 | -564,046,000 | -1,179,195,000 | -319,866,250 | -984,889,000 | 556,327,000 | -850,903,000 | 98,381,000 | 144,711,000 | 48,163,000 | 86,595,000 | 30,763,000 | |||||||||||||||||||||||
net gains on disposal of investments and other | -25,144,000 | 12,002,000 | 16,223,000 | -65,786,000 | 163,037,500 | 198,888,000 | |||||||||||||||||||||||||||||||||||||||||||
net gains on other derivatives and financial instruments | 47,843,000 | -45,168,000 | -357,808,000 | 476,868,000 | |||||||||||||||||||||||||||||||||||||||||||||
net unrealized gains on instruments measured at fair value through earnings | -15,329,000 | 90,817,000 | 3,984,000 | 104,191,000 | 51,109,000 | 121,255,000 | -34,978,250 | -39,944,000 | -48,376,000 | ||||||||||||||||||||||||||||||||||||||||
total realized and unrealized gains | 78,178,000 | 179,894,000 | -560,722,000 | 1,097,845,000 | 462,143,000 | 618,823,000 | 334,762,750 | 199,716,000 | 294,646,000 | 844,689,000 | 359,215,000 | 43,807,000 | -277,794,000 | 74,265,000 | 412,906,000 | -523,785,000 | -1,055,553,000 | -324,403,000 | -909,158,000 | 440,545,000 | |||||||||||||||||||||||||||||
net gains on other derivatives | 209,647,000 | 169,316,000 | 20,467,750 | 94,827,000 | 34,189,000 | ||||||||||||||||||||||||||||||||||||||||||||
loan loss provision | -1,497,000 | 21,993,000 | |||||||||||||||||||||||||||||||||||||||||||||||
the three months ended september 30, 2019 exclude cumulative and undeclared dividends of 0.3 million on the company's series i preferred stock as of june 30, 2019. | |||||||||||||||||||||||||||||||||||||||||||||||||
net interest income: | |||||||||||||||||||||||||||||||||||||||||||||||||
net gains on disposal of investments | -94,235,750 | -324,294,000 | -66,117,000 | 13,468,000 | 7,895,000 | -11,552,000 | -5,516,000 | 5,235,000 | 14,447,000 | 12,535,000 | -1,675,000 | 14,561,500 | -7,943,000 | 3,833,000 | 62,356,000 | ||||||||||||||||||||||||||||||||||
general and administrative expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||
basic | 656,335,974 | 620,208,712 | 587,149,704 | 521,737,554 | 515,729,658 | 500,950,563 | 500,612,840 | 494,541,323 | 494,330,361 | 494,165,256 | 489,688,364 | 411,348,484 | 429,858,876 | 1,522,436,766 | 1,461,363,637 | 1,427,426,079 | 1,445,315,914 | 1,410,239,138 | 1,399,210,925 | 1,414,659,439 | 1,404,202,695 | 1,209,601,809 | 1,202,353,851 | 1,160,436,777 | 1,159,617,848 | 1,065,923,652 | 1,072,566,395 | 1,019,000,817 | 1,018,942,746 | 1,007,607,893 | 924,887,316 | 926,813,588 | 947,062,099 | 947,795,500 | 947,731,493 | 947,669,831 | 947,539,294 | 974,555,392 | 971,727,701 | 948,545,975 | 822,623,370 | 752,413,605 | 546,973,036 | ||||||
diluted | 657,856,427 | 621,103,218 | 588,420,998 | 522,747,610 | 516,832,152 | 500,950,563 | 501,182,043 | 494,541,323 | 494,330,361 | 494,358,982 | 489,688,364 | 411,621,758 | 429,858,876 | 1,523,595,000 | 1,462,451,965 | 1,428,569,003 | 1,446,357,867 | 1,410,239,138 | 1,400,000,727 | 1,414,659,439 | 1,404,368,300 | 1,209,601,809 | 1,202,353,851 | 1,160,979,451 | 1,160,103,185 | 1,066,351,616 | 1,073,040,637 | 1,019,000,817 | 1,019,307,379 | 1,007,963,406 | 924,887,316 | 926,813,588 | 947,276,742 | 947,795,500 | 947,929,762 | 947,669,831 | 947,539,294 | 974,555,392 | 1,010,588,609 | 948,545,975 | 827,754,731 | 790,993,841 | 553,130,643 | ||||||
dividends declared per share of common stock | 0.225 | 0.3 | 0.3 | 0.3 | 0.225 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.225 | 0.3 | 0.3 | 0.3 | 0.55 | |||||||||||||||||||||||||||||||||
other comprehensive income: | |||||||||||||||||||||||||||||||||||||||||||||||||
other income: | |||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to noncontrolling interest | -32,000 | -96,000 | -151,000 | -232,000 | -102,000 | -103,000 | -336,000 | -385,000 | -162,000 | -373,000 | -197,000 | -149,000 | -90,000 | ||||||||||||||||||||||||||||||||||||
comprehensive income attributable to noncontrolling interest | -32 | -96 | -151 | -232 | -102 | -103 | -336 | -385 | -162 | -109 | -197 | -149 | -90 | ||||||||||||||||||||||||||||||||||||
realized gains on interest rate swaps | -48,160,000 | -82,271,000 | -88,211,000 | -96,470,000 | -104,156,000 | -124,572,000 | -130,762,000 | -147,475,000 | -116,252,000 | -162,304,000 | -144,465,000 | -158,239,000 | -222,002,000 | -219,340,000 | -227,638,000 | -231,849,000 | -216,760,000 | ||||||||||||||||||||||||||||||||
net gains on trading assets | -47,145,000 | 121,334,000 | 154,208,000 | -14,423,000 | 319,000 | 162,981,000 | 81,880,000 | 125,189,000 | -3,240,250 | 108,175,000 | -114,230,000 | -6,906,000 | 1,105,000 | 5,256,000 | 3,760,500 | 1,942,000 | -5,712,000 | ||||||||||||||||||||||||||||||||
net unrealized gains on investments measured at fair value through earnings | -51,593,000 | -12,115,000 | -67,492,000 | 16,240,000 | 29,675,000 | ||||||||||||||||||||||||||||||||||||||||||||
realized gains on termination of interest rate swaps | -160,075,000 | -58,000 | 1,337,000 | -60,064,000 | -56,615,500 | -226,462,000 | -2,385,000 | ||||||||||||||||||||||||||||||||||||||||||
bargain purchase gain | 72,576,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gains on financial instruments measured at fair value through earnings | 23,683,000 | -54,154,000 | 128,000 | -10,116,500 | -24,501,000 | 17,581,000 | |||||||||||||||||||||||||||||||||||||||||||
income before income taxes and noncontrolling interest | 441,385,000 | 314,007,000 | 294,846,000 | 604,855,000 | |||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attibutable to common stockholders | 376,840 | 711,044 | 180,576 | 132,052 | -49,871.75 | -27,466 | -246,736 | ||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill | -5,741,500 | -22,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||
investment advisory income | 6,212,000 | 3,780,000 | 10,604,000 | 10,464,000 | |||||||||||||||||||||||||||||||||||||||||||||
dividend income from affiliate | 2,159,000 | 4,318,000 | 4,318,000 | ||||||||||||||||||||||||||||||||||||||||||||||
consists of interest expense on interest rate swaps. | |||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gains on interest-only agency mortgage-backed securities | -33,546,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
average basic common share, compared to net income of 2.7 billion, or 2.79 per average basic common share, for the same period in 2013. we attribute the majority of the change in net income for the nine months ended september 30, 2014 from the same period in 2013 to the change in unrealized gains on swaps, which resulted in a net income of 75.3 million for the nine months ended september 30, 2014 compared to a net gain of 1.4 billion for the same period in 2013 and an increase in realized losses resulting from the termination of interest rate swaps, predominantly in the second quarter of 2014, of 690.6 million over the same comparative period. the change in unrealized gains was partially offset by the reversal of unrealized losses in connection with interest rate swap positions that were terminated. the change in the fair value of interest rate swaps was primarily attributable to the downward trend in forward interest | |||||||||||||||||||||||||||||||||||||||||||||||||
other information: | |||||||||||||||||||||||||||||||||||||||||||||||||
average total assets | |||||||||||||||||||||||||||||||||||||||||||||||||
average equity | |||||||||||||||||||||||||||||||||||||||||||||||||
return on average total assets | |||||||||||||||||||||||||||||||||||||||||||||||||
return on average equity | |||||||||||||||||||||||||||||||||||||||||||||||||
we use daily balances to calculate average interest earning assets and interest bearing liabilities. for the purpose of computing economic net interest income and certain ratios relating to cost of funds measures throughout this report, economic interest expense includes interest expense on interest rate swaps, which is recorded in the consolidated statements of comprehensive income as realized gains on interest rate swaps. | |||||||||||||||||||||||||||||||||||||||||||||||||
on disposals of investments and termination of interest rate swaps, unrealized gains or losses on interest rate swaps and agency interest-only mortgage-backed securities, net gains and losses on trading assets, impairment losses, and certain other non-recurring gains or losses. we believe that core earnings, core earnings per average basic common share, economic interest expense and economic net interest income provide meaningful information to consider, in addition to the respective amounts prepared in accordance with gaap. the non-gaap measures help us to evaluate our financial position and performance without the effects of certain transactions and gaap adjustments that are not necessarily indicative of our current investment portfolio and operations. our presentation of non-gaap financial measures has important limitations. other market participants may calculate core earnings, core earnings per average basic common share, economic interest expense and economic net interest income differently than we calculate them, making comparative analysis difficult. although we believe that the calculation of non-gaap financial measures described above helps evaluate and measure our financial position and performance without the effects of certain transactions, it is of limited usefulness as an analytical tool. therefore, the non-gaap financial measures should not be viewed in isolation and are not a substitute for net income, net income per basic share available (related) to | |||||||||||||||||||||||||||||||||||||||||||||||||
gaap net income | |||||||||||||||||||||||||||||||||||||||||||||||||
adjustments: | |||||||||||||||||||||||||||||||||||||||||||||||||
realized (gains) losses on termination of interest rate swaps | |||||||||||||||||||||||||||||||||||||||||||||||||
unrealized (gains) losses on interest rate swaps | |||||||||||||||||||||||||||||||||||||||||||||||||
net (gains) losses on disposal of investments | |||||||||||||||||||||||||||||||||||||||||||||||||
net (gains) losses on trading assets | |||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized (gains) losses on interest-only agency mortgage-backed securities | |||||||||||||||||||||||||||||||||||||||||||||||||
loss on previously held equity interest in crexus | |||||||||||||||||||||||||||||||||||||||||||||||||
other non-recurring expense | |||||||||||||||||||||||||||||||||||||||||||||||||
core earnings | |||||||||||||||||||||||||||||||||||||||||||||||||
gaap net income per average basic common share | |||||||||||||||||||||||||||||||||||||||||||||||||
core earnings per average basic common share | |||||||||||||||||||||||||||||||||||||||||||||||||
represents a one-time payment made by fidac to chimera investment corp. (chimera) to resolve issues raised in derivative demand letters sent to chimera’s board of directors. this amount is a component of other income in the company’s consolidated statements of comprehensive income. | |||||||||||||||||||||||||||||||||||||||||||||||||
economic interest expense and economic net interest income we believe the economic value of our investment strategy is depicted by the economic net interest income we earn. we calculate economic net interest | |||||||||||||||||||||||||||||||||||||||||||||||||
income by determining our gaap net interest income and reducing it by realized losses on interest rate swaps, which represents interest expense on interest rate swaps. our economic interest expense, which is composed of interest expense on our interest bearing liabilities plus interest expense on interest rate swaps, reflects total contractual interest payments. | |||||||||||||||||||||||||||||||||||||||||||||||||
quarter ended: | |||||||||||||||||||||||||||||||||||||||||||||||||
september 30, 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||
september 30, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||
nine months ended: | |||||||||||||||||||||||||||||||||||||||||||||||||
economic interest expense includes interest expense on interest rate swaps. | |||||||||||||||||||||||||||||||||||||||||||||||||
interest income and average yield on interest earning assets prepayment speeds, as reflected by the constant prepayment rate, or cpr, and interest rates vary according to the type of investment, conditions in financial markets, competition and other factors, none of which can be predicted with any certainty. in general, as prepayment speeds on our agency mortgage-backed securities portfolio increase, related purchase premium amortization increases, thereby reducing the yield on such assets. the following table presents the weighted-average experienced cpr on our agency mortgage-backed securities portfolio for the periods presented. quarter ended cpr september 30, 2014 9% june 30, 2014 7% march 31, 2014 6% september 30, 2013 13% june 30, 2013 17% march 31, 2013 19% our interest income for the quarters ended september 30, 2014 and 2013 was 644.6 million and 697.2 million, respectively. we had average interest earning assets of 86.3 billion and 96.7 billion, and the average yield on interest earning assets was 2.99% and 2.88% for the quarters ended september 30, 2014 and 2013, respectively. the decline in interest income of 52.5 million for the quarter ended september 30, 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||
million, which included 227.9 million in interest expense on interest rate swaps, for the quarters ended september 30, 2014 and 2013, respectively. our average cost of interest bearing liabilities was 1.64% and 1.81%, including interest expense on interest rate swaps, for the quarters ended september 30, 2014 and 2013, respectively. economic interest expense, including interest expense on interest rate swaps, for the quarter ended september 30, 2014 decreased by 77.2 million when compared to the same period in 2013, primarily due to lower swap interest expense on lower average notional balances. in addition, average interest bearing liabilities and the average cost of interest bearing liabilities declined by 9.9 billion and 17 basis points, respectively, for the quarter ended september 30, 2014 compared to the same period in 2013. we had average interest bearing liabilities of 70.2 billion and 97.1 billion for the nine months ended september 30, 2014 and 2013, respectively. our total economic interest expense was 1.0 billion, which included 650.5 million in interest expense on interest rate swaps, and 1.2 billion, which included 666.1 | |||||||||||||||||||||||||||||||||||||||||||||||||
we do not manage our portfolio to have a pre-designated amount of borrowings at quarter or year end. our borrowings at period end are a snapshot of our borrowings as of a date, and this number should be expected to differ from average borrowings over the period for a number of reasons. the mortgage-backed securities we own pay principal and interest towards the end of each month and the mortgage-backed securities we purchase are typically settled during the beginning of the month. as a result, depending on the amount of mortgage-backed securities we have committed to purchase, we may retain the principal and interest we receive in the prior month, or we may use it to pay down our borrowings. moreover, we use interest rate swaps, swaptions and other derivative instruments to hedge our portfolio and as we pledge or receive collateral under these agreements, our borrowings on any given day may be increased or decreased. our average borrowings during a quarter will differ from period end borrowings as we implement our portfolio management strategies and risk management strategies | |||||||||||||||||||||||||||||||||||||||||||||||||
increase the liquidity and strength of our balance sheet. as of september 30, 2014, the term to maturity of our repurchase agreements ranged from one day to five years. additionally, we have entered into borrowings giving the counterparty the right to call the balance prior to maturity. at september 30, 2014 and december 31, 2013, the weighted-average rate for our borrowings was 1.64% and 2.37%, respectively, including the effect of the interest rate swaps, 4% convertible senior notes due 2015, 5% convertible senior notes due 2015 (collectively, the convertible senior notes) and securitized debt of consolidated vie, and the weighted-average days to maturity was 161 days and 208 days, respectively. economic net interest income our economic net interest income, including interest paid on interest rate swaps, increased to 348.5 million for the quarter ended september 30, 2014 compared to | 323.8 | ||||||||||||||||||||||||||||||||||||||||||||||||
does not reflect unrealized gains/(losses) or premium/(discount). | |||||||||||||||||||||||||||||||||||||||||||||||||
economic net interest income includes interest expense on interest rate swaps. | |||||||||||||||||||||||||||||||||||||||||||||||||
other income other income is largely comprised of net gains or losses on interest rate swaps, net gains or losses from trading assets, net gains or losses on sales of agency mortgage-backed securities and other investments, net unrealized gains on interest-only agency mortgage-backed securities, dividend income from available-for-sale equity securities, investment advisory fees and other income. the aggregate net gain on interest rate swaps was a loss of 70.5 million and 258.2 million for the quarters ended september 30, 2014 and 2013, respectively, and a loss of 1.5 billion and a gain of 686.3 million for the nine months ended september 30, 2014 and 2013, respectively. the change in the aggregate net gain on interest rate swaps for the quarter and nine months ended september 30, 2014 as | |||||||||||||||||||||||||||||||||||||||||||||||||
interest income: | |||||||||||||||||||||||||||||||||||||||||||||||||
investments | 876,229,000 | 850,959,000 | 844,874,000 | 926,558,000 | 948,703,000 | ||||||||||||||||||||||||||||||||||||||||||||
u.s. treasury securities | 7,397,000 | 1,418,000 | 1,082,000 | 2,302,000 | 6,497,000 | 4,825,000 | |||||||||||||||||||||||||||||||||||||||||||
securities loaned | 2,698,000 | 2,518,000 | 1,744,000 | 1,942,000 | 1,868,000 | 1,343,000 | |||||||||||||||||||||||||||||||||||||||||||
total interest income | 886,324,000 | 854,895,000 | 847,700,000 | 930,802,000 | 957,068,000 | 844,048,000 | |||||||||||||||||||||||||||||||||||||||||||
interest expense: | |||||||||||||||||||||||||||||||||||||||||||||||||
repurchase agreements | 139,579,000 | 113,914,000 | 114,989,000 | 109,014,000 | 100,164,000 | 102,602,000 | |||||||||||||||||||||||||||||||||||||||||||
convertible senior notes | 18,965,000 | 14,727,000 | 12,552,000 | 8,798,000 | 6,900,000 | 6,767,000 | |||||||||||||||||||||||||||||||||||||||||||
u.s. treasury securities sold, not yet purchased | 5,801,000 | 2,644,000 | 1,214,000 | 2,109,000 | 4,772,000 | 4,986,000 | |||||||||||||||||||||||||||||||||||||||||||
securities borrowed | 2,098,000 | 2,060,000 | 1,378,000 | 1,496,000 | 1,484,000 | 1,101,000 | |||||||||||||||||||||||||||||||||||||||||||
total interest expense | 166,443,000 | 133,345,000 | 130,133,000 | 121,417,000 | 113,320,000 | 321,604,000 | |||||||||||||||||||||||||||||||||||||||||||
investment advisory and other fee income | 21,929,000 | 20,766,000 | 20,460,000 | 20,828,000 | 20,710,000 | ||||||||||||||||||||||||||||||||||||||||||||
net gains on sales of agency mortgage-backed securities and debentures | 94,837,000 | 80,299,000 | 80,657,000 | 91,668,000 | |||||||||||||||||||||||||||||||||||||||||||||
dividend income from affiliates | 6,621,000 | 7,521,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gain (losses) on interest-only agency mortgage-backed securities | -26,103,000 | 30,877,000 | -9,761,250 | -39,321,000 | |||||||||||||||||||||||||||||||||||||||||||||
income from underwriting | -8,000 | -8,000 | 19,000 | 2,772,000 | -77,000 | 2,904,000 | |||||||||||||||||||||||||||||||||||||||||||
expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||
total expenses | 64,548,000 | 67,907,000 | 63,094,000 | 65,194,000 | 57,229,000 | 51,827,000 | 37,298,000 | 33,822,000 | 30,478,000 | ||||||||||||||||||||||||||||||||||||||||
income before income taxes and income from equity method investment in affiliate | -79,503,000 | 918,268,000 | 462,859,000 | -906,396,000 | 133,579,000 | 712,330,000 | |||||||||||||||||||||||||||||||||||||||||||
income from equity method investment in affiliate | 285,000 | 1,140,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net income available (related) to common shareholders | -97,667,000 | 897,868,000 | 441,414,000 | -925,985,000 | 116,550,000 | ||||||||||||||||||||||||||||||||||||||||||||
net income available (related) per share to common shareholders: | |||||||||||||||||||||||||||||||||||||||||||||||||
basic | -0.1 | 0.92 | -0.035 | -0.98 | 0.14 | 0.92 | |||||||||||||||||||||||||||||||||||||||||||
diluted | -0.1 | 0.89 | -0.035 | -0.98 | 0.14 | 0.89 | |||||||||||||||||||||||||||||||||||||||||||
unrealized losses on interest rate swaps | 3,574.5 | ||||||||||||||||||||||||||||||||||||||||||||||||
interest expense related to the company’s interest rate swaps is recorded in realized gains on interest rate swaps on the consolidated statements of comprehensive income. | |||||||||||||||||||||||||||||||||||||||||||||||||
interest expense related to the company’s interest rate swaps is recorded in realized gains losses on interest rate swaps on the consolidated statements of operations and comprehensive income. | |||||||||||||||||||||||||||||||||||||||||||||||||
dividend income | 8,283,000 | 8,706,000 | 8,230,000 | ||||||||||||||||||||||||||||||||||||||||||||||
distribution fees | 418,000 | 478,000 | 432,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net gains on sales of mortgage-backed securities and agency debentures | 7,336,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net gain (losses) on interest-only mortgage-backed securities | 276,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
investment securities | 837,880,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
interest rate swaps | 206,148,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
investment advisory and service fees | 17,207,000 | 14,835,000 | 14,620,000 | 11,736,000 | |||||||||||||||||||||||||||||||||||||||||||||
gains on sales of mortgage-backed securities and agency debentures | 27,185,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
dividend income from available-for-sale equity securities | 6,297,000 | 7,647,000 | 5,398,000 | 3,221,000 | |||||||||||||||||||||||||||||||||||||||||||||
net gains on trading securities | 18,812,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common shareholders | 695,628,000 | 724,710,000 | 280,564,000 | 592,429,000 | |||||||||||||||||||||||||||||||||||||||||||||
net income available per share to common shareholders: | |||||||||||||||||||||||||||||||||||||||||||||||||
basic | -0.1 | 0.92 | -0.035 | -0.98 | 0.14 | 0.92 | |||||||||||||||||||||||||||||||||||||||||||
diluted | -0.1 | 0.89 | -0.035 | -0.98 | 0.14 | 0.89 | |||||||||||||||||||||||||||||||||||||||||||
other comprehensive loss: | |||||||||||||||||||||||||||||||||||||||||||||||||
reclassification adjustment for net gains included in net income | -27,185 | -1,994.5 | -591 | -2,364 | |||||||||||||||||||||||||||||||||||||||||||||
other comprehensive loss | -155,114 | ||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of investment securities | 91,150,000 | 591,000 | 2,364,000 | ||||||||||||||||||||||||||||||||||||||||||||||
income from trading securities | |||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on interest rate swaps | 212,456,000 | -128,687,000 | 230,207,000 | ||||||||||||||||||||||||||||||||||||||||||||||
loss on other-than-temporarily impaired securities | |||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to controlling interest | 729,335,000 | 285,189,000 | 597,054,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net income available per share to common shareholders-basic | 0.56 | 0.51 | 1.09 | ||||||||||||||||||||||||||||||||||||||||||||||
net income available per share to common shareholders-diluted | 0.555 | 0.51 | 1.08 | ||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding-basic | 547,611,480 | 544,344,844 | |||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding-diluted | 553,376,285 | 550,099,709 | |||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on available-for-sale securities | -25,190 | 542,396 | 176,013 | ||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to controlling interest | 660,658 | 883,049 | 837,637 | ||||||||||||||||||||||||||||||||||||||||||||||
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.