As Reported Financials

Source Document Currency Code (in thousands) 2015 Y USD 2016 Y USD 2017 Y USD 2018 Y USD
Source Document Currency Code 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD

ASSETS

Mortgage-backed and credit risk transfer securities, at fair value (including pledged securities) 16,065,935 14,981,331 18,190,754 17,396,642
Commercial loans, held-for-investment 209,062 273,355 191,808 31,582
Cash and cash equivalents 53,199 161,788 88,381 135,617
Restricted cash NA NA 620 0
Due from counterparties 110,009 86,450 0 13,500
Investment related receivable 154,594 90,831 73,217 66,598
Accrued interest receivable 50,779 NA NA NA
Derivative assets, at fair value 8,659 3,186 6,896 15,089
Other assets 115,072 109,297 105,580 154,477
Total assets 16,767,309 15,706,238 18,657,256 17,813,505

LIABILITIES AND EQUITY

Liabilities

Repurchase agreements 12,126,048 11,160,669 14,080,801 13,602,484
Secured loans 1,650,000 1,650,000 1,650,000 1,650,000
Exchangeable senior notes, net 394,573 397,041 143,231 0
Derivative liabilities, at fair value 238,148 134,228 32,765 23,390
Dividends and distributions payable 51,734 50,924 50,193 49,578
Investment related payable 167 9,232 5,191 132,096
Accrued interest payable 21,604 21,066 17,845 37,620
Collateral held payable 4,900 1,700 7,327 18,083
Accounts payable and accrued expenses 2,376 1,534 2,200 1,694
Due to affiliate 10,851 9,660 10,825 11,863
Total liabilities 14,500,401 13,436,054 16,000,378 15,526,808

Equity

Preferred Stock
7.75% Series A Cumulative Redeemable Preferred Stock 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
7.50% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock NA 0 278,108 278,108
Common Stock 1,136 1,116 1,116 1,115
Additional paid in capital 2,407,372 2,379,863 2,384,356 2,383,532
Accumulated other comprehensive income 318,624 293,668 261,029 220,813
Retained earnings (distributions in excess of earnings) (771,313) (718,303) (579,334) (882,087)
Total stockholders' equity 2,241,035 2,241,560 2,630,491 2,286,697
Non-controlling interest 25,873 28,624 26,387 0
Total equity 2,266,908 2,270,184 2,656,878 2,286,697
Total liabilities and equity 16,767,309 15,706,238 18,657,256 17,813,505
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.