As Reported Financials

Source Document Currency Code (in thousands) 2014 Y USD 2015 Y USD 2016 Y USD 2017 Y USD 2018 Q2 YTD USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 6/30/2018 USD 2018 Q2 YTD 6/30/2018 USD

ASSETS

Mortgage-backed and credit risk transfer securities, at fair value (including pledged securities) 17,248,895 16,065,935 14,981,331 18,190,754 17,583,187
Residential loans, held-for-investment 3,365,003 NA NA NA NA
Commercial loans, held-for-investment 145,756 209,062 273,355 191,808 127,607
Cash and cash equivalents 164,144 53,199 161,788 88,381 70,254
Restricted cash NA NA NA 620 0
Due from counterparties 57,604 110,009 86,450 0 7,255
Investment related receivable 38,717 154,594 90,831 73,217 70,839
Accrued interest receivable 66,044 50,779 NA NA NA
Derivative assets, at fair value 24,178 8,659 3,186 6,896 47,509
Deferred securitization and financing costs 13,080 NA NA NA NA
Other investments 106,498 NA NA NA NA
Other assets 1,098 115,072 109,297 105,580 108,124
Total assets 21,231,017 16,767,309 15,706,238 18,657,256 18,014,775

LIABILITIES AND EQUITY

Liabilities

Repurchase agreements 13,622,677 12,126,048 11,160,669 14,080,801 13,702,321
Secured loans 1,250,000 1,650,000 1,650,000 1,650,000 1,650,000
Asset-backed securities issued by securitization trusts 2,929,820 NA NA NA NA
Exchangeable senior notes, net 400,000 394,573 397,041 143,231 0
Derivative liabilities, at fair value 254,026 238,148 134,228 32,765 6,071
Dividends and distributions payable 61,757 51,734 50,924 50,193 50,201
Investment related payable 17,008 167 9,232 5,191 23,562
Accrued interest payable 29,670 21,604 21,066 17,845 18,886
Collateral held payable 14,890 4,900 1,700 7,327 39,748
Accounts payable and accrued expenses 2,439 2,376 1,534 2,200 1,705
Due to affiliate 9,880 10,851 9,660 10,825 10,558
Total liabilities 18,592,167 14,500,401 13,436,054 16,000,378 15,503,052

Equity

Preferred Stock
7.75% Series A Cumulative Redeemable Preferred Stock 135,356 135,356 135,356 135,356 135,356
7.75% Fixed-to-Floating Series B Cumulative Redeemable Preferred Stock 149,860 149,860 149,860 149,860 149,860
7.50% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock NA NA 0 278,108 278,108
Common Stock 1,231 1,136 1,116 1,116 1,116
Additional paid in capital 2,532,130 2,407,372 2,379,863 2,384,356 2,384,902
Accumulated other comprehensive income 424,592 318,624 293,668 261,029 89,461
Retained earnings (distributions in excess of earnings) (632,854) (771,313) (718,303) (579,334) (551,632)
Total stockholders' equity 2,610,315 2,241,035 2,241,560 2,630,491 2,487,171
Non-controlling interest 28,535 25,873 28,624 26,387 24,552
Total equity 2,638,850 2,266,908 2,270,184 2,656,878 2,511,723
Total liabilities and equity 21,231,017 16,767,309 15,706,238 18,657,256 18,014,775
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.