2017 Q2 Form 10-Q Financial Statement

#000146776017000002 Filed on August 01, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $81.40M $62.60M
YoY Change 30.03% 40.99%
Cost Of Revenue $19.20M $15.70M
YoY Change 22.29% 35.34%
Gross Profit $62.20M $46.90M
YoY Change 32.62% 42.99%
Gross Profit Margin 76.41% 74.92%
Selling, General & Admin $12.90M $10.20M
YoY Change 26.47% 72.88%
% of Gross Profit 20.74% 21.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $12.94M $10.16M
YoY Change 27.33% 70.94%
Operating Profit $49.26M $36.74M
YoY Change 34.09% 36.8%
Interest Expense $19.21M $15.72M
YoY Change 22.15% 31.93%
% of Operating Profit 38.99% 42.8%
Other Income/Expense, Net -$5.000M -$15.00M
YoY Change -66.67%
Pretax Income $36.20M $10.30M
YoY Change 251.46% -58.3%
Income Tax
% Of Pretax Income
Net Earnings $36.24M $10.34M
YoY Change 250.5% -58.07%
Net Earnings / Revenue 44.51% 16.51%
Basic Earnings Per Share $0.28
Diluted Earnings Per Share $0.28 $150.6K
COMMON SHARES
Basic Shares Outstanding 95.43M shares 67.40M shares
Diluted Shares Outstanding 96.80M shares 68.37M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $214.0M $38.60M
YoY Change 454.4% -20.9%
Cash & Equivalents $214.0M $38.63M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $236.0M $57.80M
YoY Change 308.3% -6.17%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.495B $1.551B
YoY Change -3.64% 1.82%
Other Assets $57.70M $67.40M
YoY Change -14.39% 55.3%
Total Long-Term Assets $3.591B $2.921B
YoY Change 22.91% 28.59%
TOTAL ASSETS
Total Short-Term Assets $236.0M $57.80M
Total Long-Term Assets $3.591B $2.921B
Total Assets $3.827B $2.979B
YoY Change 28.45% 27.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.30M $24.50M
YoY Change -49.8% 195.18%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $77.50M $66.20M
YoY Change 17.07% 65.91%
LONG-TERM LIABILITIES
Long-Term Debt $1.582B $1.581B
YoY Change 0.03% 26.86%
Other Long-Term Liabilities $4.400M
YoY Change
Total Long-Term Liabilities $1.586B $1.581B
YoY Change 0.31% 26.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $77.50M $66.20M
Total Long-Term Liabilities $1.586B $1.581B
Total Liabilities $1.664B $1.648B
YoY Change 0.99% 27.86%
SHAREHOLDERS EQUITY
Retained Earnings -$75.24M -$77.94M
YoY Change -3.46% 388.19%
Common Stock $2.238B $1.412B
YoY Change 58.47% 32.79%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.163B $1.332B
YoY Change
Total Liabilities & Shareholders Equity $3.827B $2.979B
YoY Change 28.45% 27.67%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $36.24M $10.34M
YoY Change 250.5% -58.07%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $45.90M $31.50M
YoY Change 45.71% 36.36%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $66.50M -$111.2M
YoY Change -159.8% -61.46%
Cash From Investing Activities $66.50M -$111.2M
YoY Change -159.8% -61.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -38.30M 95.30M
YoY Change -140.19% -65.26%
NET CHANGE
Cash From Operating Activities 45.90M 31.50M
Cash From Investing Activities 66.50M -111.2M
Cash From Financing Activities -38.30M 95.30M
Net Change In Cash 74.10M 15.60M
YoY Change 375.0% 75.28%
FREE CASH FLOW
Cash From Operating Activities $45.90M $31.50M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
ari Earnings Per Share Basicand Diluted Undistributed
EarningsPerShareBasicandDilutedUndistributed
-0.29
ari Participating Securities Distributedand Undistributed Earnings Loss Basicand Diluted
ParticipatingSecuritiesDistributedandUndistributedEarningsLossBasicandDiluted
1259000 USD
ari Earnings Per Share Basicand Diluted Distributed
EarningsPerShareBasicandDilutedDistributed
0.92
ari Earnings Per Share Basicand Diluted Distributed
EarningsPerShareBasicandDilutedDistributed
0.97
CY2017Q2 ari Earnings Per Share Basicand Diluted Distributed
EarningsPerShareBasicandDilutedDistributed
0.51
CY2016Q4 ari Availableforsale Securitiesand Heldtomaturity Securities Face Amount
AvailableforsaleSecuritiesandHeldtomaturitySecuritiesFaceAmount
522391000 USD
CY2016Q2 ari Earnings Per Share Basicand Diluted Distributed
EarningsPerShareBasicandDilutedDistributed
0.46
CY2016Q2 ari Earnings Per Share Basicand Diluted Undistributed
EarningsPerShareBasicandDilutedUndistributed
-0.40
ari Earnings Per Share Basicand Diluted Undistributed
EarningsPerShareBasicandDilutedUndistributed
-0.68
CY2017Q2 ari Earnings Per Share Basicand Diluted Undistributed
EarningsPerShareBasicandDilutedUndistributed
-0.23
CY2016Q4 ari Availableforsale Securitiesand Heldtomaturity Securities Accumulated Gross Unrealized Gainbefore Tax
AvailableforsaleSecuritiesandHeldtomaturitySecuritiesAccumulatedGrossUnrealizedGainbeforeTax
292000 USD
CY2016Q4 ari Availableforsale Securitiesand Heldtomaturity Securities Accumulated Gross Unrealized Lossbefore Tax
AvailableforsaleSecuritiesandHeldtomaturitySecuritiesAccumulatedGrossUnrealizedLossbeforeTax
37463000 USD
CY2016Q4 ari Availableforsale Securitiesand Heldtomaturity Securities Amortized Cost Basis
AvailableforsaleSecuritiesandHeldtomaturitySecuritiesAmortizedCostBasis
514599000 USD
CY2016Q2 ari Gain Losson Derivative Instruments Net Pretax Including Income Loss From Unconsolidated Joint Venture
GainLossonDerivativeInstrumentsNetPretaxIncludingIncomeLossFromUnconsolidatedJointVenture
13313000 USD
ari Gain Losson Derivative Instruments Net Pretax Including Income Loss From Unconsolidated Joint Venture
GainLossonDerivativeInstrumentsNetPretaxIncludingIncomeLossFromUnconsolidatedJointVenture
18015000 USD
CY2017Q2 ari Gain Losson Derivative Instruments Net Pretax Including Income Loss From Unconsolidated Joint Venture
GainLossonDerivativeInstrumentsNetPretaxIncludingIncomeLossFromUnconsolidatedJointVenture
-7976000 USD
ari Gain Losson Derivative Instruments Net Pretax Including Income Loss From Unconsolidated Joint Venture
GainLossonDerivativeInstrumentsNetPretaxIncludingIncomeLossFromUnconsolidatedJointVenture
-11021000 USD
ari Gain Losson Securities
GainLossonSecurities
-26802000 USD
ari Gain Losson Securities
GainLossonSecurities
-1658000 USD
ari Income Lossfrom Unconsolidated Joint Venture
IncomeLossfromUnconsolidatedJointVenture
127000 USD
ari Income Lossfrom Unconsolidated Joint Venture
IncomeLossfromUnconsolidatedJointVenture
-2259000 USD
ari Increasein Collateral Held Investing Activities
IncreaseinCollateralHeldInvestingActivities
13210000 USD
ari Increasein Collateral Held Investing Activities
IncreaseinCollateralHeldInvestingActivities
-22000 USD
CY2016Q2 ari Interestand Fee Income Loans Subordinate Commercial Real Estate
InterestandFeeIncomeLoansSubordinateCommercialRealEstate
28067000 USD
ari Interestand Fee Income Loans Subordinate Commercial Real Estate
InterestandFeeIncomeLoansSubordinateCommercialRealEstate
57442000 USD
CY2017Q2 ari Interestand Fee Income Loans Subordinate Commercial Real Estate
InterestandFeeIncomeLoansSubordinateCommercialRealEstate
39640000 USD
ari Interestand Fee Income Loans Subordinate Commercial Real Estate
InterestandFeeIncomeLoansSubordinateCommercialRealEstate
74030000 USD
CY2016Q2 ari Loss Contingency Numberof Consolidated Lawsuits
LossContingencyNumberofConsolidatedLawsuits
3 lawsuit
CY2016Q3 ari Loss Contingency Numberof Lawsuits
LossContingencyNumberofLawsuits
2 lawsuit
CY2016 ari Mortgage Loanson Real Estate Commercialand Consumer Percentageof Portfolio
MortgageLoansonRealEstateCommercialandConsumerPercentageofPortfolio
1
ari Mortgage Loanson Real Estate Commercialand Consumer Percentageof Portfolio
MortgageLoansonRealEstateCommercialandConsumerPercentageofPortfolio
1
CY2016Q4 ari Mortgage Loanson Real Estate Commitmentto Lend Unfunded Amount
MortgageLoansonRealEstateCommitmenttoLendUnfundedAmount
170365000 USD
CY2017Q2 ari Mortgage Loanson Real Estate Commitmentto Lend Unfunded Amount
MortgageLoansonRealEstateCommitmenttoLendUnfundedAmount
119813000 USD
CY2016Q2 ari Participating Securities Distributedand Undistributed Earnings Loss Basicand Diluted
ParticipatingSecuritiesDistributedandUndistributedEarningsLossBasicandDiluted
437000 USD
ari Participating Securities Distributedand Undistributed Earnings Loss Basicand Diluted
ParticipatingSecuritiesDistributedandUndistributedEarningsLossBasicandDiluted
885000 USD
CY2017Q2 ari Participating Securities Distributedand Undistributed Earnings Loss Basicand Diluted
ParticipatingSecuritiesDistributedandUndistributedEarningsLossBasicandDiluted
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us-gaap Interest And Dividend Income Securities Held To Maturity
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ari Payments For Securities Sold Under Agreements To Repurchase
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272878000 USD
ari Paymentsfor Participating Mortgage Loans
PaymentsforParticipatingMortgageLoans
1013000 USD
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PaymentsForSecuritiesSoldUnderAgreementsToRepurchase
80137000 USD
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PayableforOfferingCosts
220000 USD
CY2017Q2 ari Payablefor Offering Costs
PayableforOfferingCosts
41000 USD
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ari Paymentsto Purchase Subordinate Commercial Real Estate Loans Heldforsale
PaymentstoPurchaseSubordinateCommercialRealEstateLoansHeldforsale
40920000 USD
ari Paymentsto Purchase Subordinate Commercial Real Estate Loans Heldforsale
PaymentstoPurchaseSubordinateCommercialRealEstateLoansHeldforsale
222296000 USD
ari Principal Payments Received On Securitiesat Estimated Fair Value
PrincipalPaymentsReceivedOnSecuritiesatEstimatedFairValue
14545000 USD
ari Principal Payments Received On Securitiesat Estimated Fair Value
PrincipalPaymentsReceivedOnSecuritiesatEstimatedFairValue
1930000 USD
ari Principal Payments Receivedon Securities Heldtomaturity
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1500000 USD
ari Principal Payments Receivedon Securities Heldtomaturity
PrincipalPaymentsReceivedonSecuritiesHeldtomaturity
146530000 USD
ari Proceeds From Securities Sold Under Agreements To Repurchase
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ari Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
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ProceedsfromCollectionofCommercialRealEstateLoansHeldforsale
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ari Unrealized Gain Losson Derivativesincluding Other Adjustment
UnrealizedGainLossonDerivativesincludingOtherAdjustment
12026000 USD
ari Unrealized Gain Losson Derivativesincluding Other Adjustment
UnrealizedGainLossonDerivativesincludingOtherAdjustment
-10433000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Period End Date
DocumentPeriodEndDate
2017-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001467760
CY2017Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
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dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Apollo Commercial Real Estate Finance, Inc.
dei Trading Symbol
TradingSymbol
ARI
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AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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us-gaap Allocated Share Based Compensation Expense
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us-gaap Allocated Share Based Compensation Expense
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us-gaap Gain Loss On Derivative Instruments Net Pretax
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us-gaap Gain Loss On Derivative Instruments Net Pretax
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us-gaap Income Loss From Equity Method Investments
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us-gaap Increase Decrease In Other Operating Assets
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CY2016Q2 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
2826000 USD
CY2017Q2 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
1334000 USD
us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
4132000 USD
CY2016Q2 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
24140000 USD
us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
45267000 USD
CY2017Q2 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
37089000 USD
us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
71487000 USD
CY2016Q2 us-gaap Interest Expense
InterestExpense
15722000 USD
us-gaap Interest Expense
InterestExpense
30364000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
19205000 USD
us-gaap Interest Expense
InterestExpense
36235000 USD
CY2016Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
46918000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
93723000 USD
CY2017Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
62224000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
120036000 USD
us-gaap Interest Paid
InterestPaid
26991000 USD
us-gaap Interest Paid
InterestPaid
11916000 USD
CY2016Q4 us-gaap Interest Receivable
InterestReceivable
19281000 USD
CY2017Q2 us-gaap Interest Receivable
InterestReceivable
21998000 USD
CY2016Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
7607000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
15656000 USD
CY2017Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
3366000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
6622000 USD
CY2016Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
22103000 USD
CY2017Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2016Q4 us-gaap Liabilities
Liabilities
1550750000 USD
CY2017Q2 us-gaap Liabilities
Liabilities
1663845000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3482977000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3826537000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Consumer Real Estate
LoansAndLeasesReceivableConsumerRealEstate
2720344000 USD
CY2017Q2 us-gaap Loans And Leases Receivable Consumer Real Estate
LoansAndLeasesReceivableConsumerRealEstate
3302130000 USD
CY2016Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
2693092000 USD
CY2017Q2 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
3278334000 USD
CY2016 us-gaap Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
0.0888
us-gaap Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
0.0855
CY2016 us-gaap Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
45 loan
us-gaap Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
52 loan
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
220448000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
245169000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-257012000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-308403000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
45090000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
71462000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
10338000 USD
us-gaap Net Income Loss
NetIncomeLoss
28956000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
36235000 USD
us-gaap Net Income Loss
NetIncomeLoss
83359000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4478000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
17281000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
26925000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
64739000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-26964000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-45606000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-22206000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-27167000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 Segment
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
10164000 USD
us-gaap Operating Expenses
OperatingExpenses
23575000 USD
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
12942000 USD
us-gaap Operating Expenses
OperatingExpenses
26133000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
1714000 USD
CY2017Q2 us-gaap Other Assets
OtherAssets
40000 USD
CY2016Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-492000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
426000 USD
CY2017Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
3560000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
3811000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3811000 USD
CY2016Q2 us-gaap Other Income
OtherIncome
22000 USD
us-gaap Other Income
OtherIncome
25000 USD
CY2017Q2 us-gaap Other Income
OtherIncome
244000 USD
us-gaap Other Income
OtherIncome
352000 USD
CY2016Q4 us-gaap Participating Mortgage Loans Participation Liabilities Amount
ParticipatingMortgageLoansParticipationLiabilitiesAmount
84979000 USD
CY2017Q2 us-gaap Participating Mortgage Loans Participation Liabilities Amount
ParticipatingMortgageLoansParticipationLiabilitiesAmount
0 USD
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-5989000 USD
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
201000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
63183000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
85724000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
12786000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
18620000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2846000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5343000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
45000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
359000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
362000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
726000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
0 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
1379000 USD
CY2016Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5860000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
11675000 USD
CY2017Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
9310000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
18620000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
36044000 USD
CY2017Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
10452000 USD
us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
0 USD
us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
24498000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
249021000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
69248000 USD
CY2016Q3 us-gaap Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Available For Sale
ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
1100000000 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
51000 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
0 USD
CY2016Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
15000000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
15000000 USD
CY2017Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
5000000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
5000000 USD
CY2016Q2 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
5242000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
10471000 USD
CY2017Q2 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
7742000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
15175000 USD
CY2016Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
67438000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
62457000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
57665000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-48070000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-75240000 USD
CY2016Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
1139803000 USD
CY2017Q2 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
1330909000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1258000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4921000 USD
CY2017Q2 us-gaap Share Price
SharePrice
18.55
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
249020000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1932227000 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
2162692000 USD
CY2016Q4 us-gaap Trading Securities Pledged As Collateral
TradingSecuritiesPledgedAsCollateral
331076000 USD
CY2017Q2 us-gaap Trading Securities Pledged As Collateral
TradingSecuritiesPledgedAsCollateral
254484000 USD
CY2016Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
13408000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
12026000 USD
CY2017Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-7435000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-10324000 USD
CY2016Q2 us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
-11728000 USD
us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
-26802000 USD
CY2017Q2 us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
-4510000 USD
us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
-1658000 USD
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
68374557 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
68351137 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96796289 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
94907762 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67402311 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67393751 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95428134 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
93530831 shares

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