2017 Form 10-K Financial Statement

#000146776018000003 Filed on February 14, 2018

View on sec.gov

Income Statement

Concept 2017 2016 Q4 2016 Q3
Revenue $338.5M $69.70M $70.60M
YoY Change 28.03% 24.91% 36.03%
Cost Of Revenue $78.10M $16.10M $17.30M
YoY Change 22.41% 27.78% 31.06%
Gross Profit $260.5M $53.60M $53.30M
YoY Change 29.86% 24.07% 37.73%
Gross Profit Margin 76.96% 76.9% 75.5%
Selling, General & Admin $52.40M $10.50M $14.30M
YoY Change 8.26% 26.51% 130.65%
% of Gross Profit 20.12% 19.59% 26.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $52.38M $10.54M $14.26M
YoY Change 8.28% 27.43% 130.07%
Operating Profit $208.1M $43.06M $39.05M
YoY Change 36.72% 23.28% 20.12%
Interest Expense $78.06M $16.14M $17.26M
YoY Change 22.43% 31.48% 30.86%
% of Operating Profit 37.51% 37.48% 44.2%
Other Income/Expense, Net -$5.000M $0.00 $0.00
YoY Change -66.67%
Pretax Income $193.0M $59.00M $69.90M
YoY Change 22.23% 116.91% 170.93%
Income Tax
% Of Pretax Income
Net Earnings $193.0M $59.03M $69.89M
YoY Change 22.27% 116.7% 170.41%
Net Earnings / Revenue 57.03% 84.69% 99.0%
Basic Earnings Per Share $1.54
Diluted Earnings Per Share $1.54 $705.7K $958.8K
COMMON SHARES
Basic Shares Outstanding 99.86M shares 82.67M shares 71.92M shares
Diluted Shares Outstanding 101.2M shares 83.55M shares 72.86M shares

Balance Sheet

Concept 2017 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $77.70M $201.0M $254.6M
YoY Change -61.34% 198.22% 1160.4%
Cash & Equivalents $201.0M $254.6M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $77.70M $220.3M $272.6M
YoY Change -64.73% 161.33% 687.86%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.329B $1.551B $1.401B
YoY Change -14.32% -3.09% -9.54%
Other Assets $0.00 $62.50M $62.30M
YoY Change -100.0% 107.64% 62.66%
Total Long-Term Assets $4.011B $3.263B $2.926B
YoY Change 22.93% 24.14% 17.37%
TOTAL ASSETS
Total Short-Term Assets $77.70M $220.3M $272.6M
Total Long-Term Assets $4.011B $3.263B $2.926B
Total Assets $4.089B $3.483B $3.199B
YoY Change 17.39% 28.4% 26.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.500M $17.70M $26.40M
YoY Change -91.53% 92.39% 461.7%
Accrued Expenses $12.80M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $79.00M $76.00M $78.30M
YoY Change 3.95% 45.32% 91.44%
LONG-TERM LIABILITIES
Long-Term Debt $1.916B $1.475B $1.374B
YoY Change 29.9% 14.14% 24.58%
Other Long-Term Liabilities $5.600M
YoY Change
Total Long-Term Liabilities $1.921B $1.475B $1.374B
YoY Change 30.28% 14.8% 24.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $79.00M $76.00M $78.30M
Total Long-Term Liabilities $1.921B $1.475B $1.374B
Total Liabilities $2.001B $1.551B $1.452B
YoY Change 29.0% 15.97% 26.98%
SHAREHOLDERS EQUITY
Retained Earnings -$48.07M -$54.95M
YoY Change 48.69% 147.24%
Common Stock $1.984B $1.804B
YoY Change 40.62% 28.06%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.088B $1.932B $1.747B
YoY Change
Total Liabilities & Shareholders Equity $4.089B $3.483B $3.199B
YoY Change 17.39% 28.4% 26.55%

Cashflow Statement

Concept 2017 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income $193.0M $59.03M $69.89M
YoY Change 22.27% 116.7% 170.41%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $154.9M $44.20M $34.60M
YoY Change 25.01% 70.0% 60.19%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$720.7M -$353.3M $1.714B
YoY Change -167.58% 231.43% -864.54%
Cash From Investing Activities -$720.7M -$353.3M $1.714B
YoY Change -167.58% 231.43% -864.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$279.8M
YoY Change 57.04%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $380.1M 255.6M -1.501B
YoY Change -137.1% 100.16% -962.36%
NET CHANGE
Cash From Operating Activities $154.9M 44.20M 34.60M
Cash From Investing Activities -$720.7M -353.3M 1.714B
Cash From Financing Activities $380.1M 255.6M -1.501B
Net Change In Cash -$185.8M -53.50M 248.2M
YoY Change -211.98% -213.59% -967.83%
FREE CASH FLOW
Cash From Operating Activities $154.9M $44.20M $34.60M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2017Q3 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
0 USD
CY2017Q4 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
0 USD
CY2017 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
0 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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77671000 USD
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70768000 USD
CY2015Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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97542000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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263453000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77671000 USD
CY2015 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
26774000 USD
CY2016 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
165911000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-185782000 USD
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0 USD
CY2017Q4 us-gaap Commitments And Contingencies
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0 USD
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1.87
CY2016 us-gaap Common Stock Dividends Per Share Cash Paid
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1.84
CY2017 us-gaap Common Stock Dividends Per Share Cash Paid
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1.84
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0.46
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0.46
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0.46
CY2016Q4 us-gaap Common Stock Dividends Per Share Declared
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0.46
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
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0.46
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
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0.46
CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
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0.46
CY2017Q4 us-gaap Common Stock Dividends Per Share Declared
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0.46
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Common Stock Shares Authorized
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450000000 shares
CY2017Q4 us-gaap Common Stock Shares Authorized
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450000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
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CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2016Q4 us-gaap Common Stock Shares Outstanding
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CY2017Q4 us-gaap Common Stock Shares Outstanding
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107121235 shares
CY2016Q4 us-gaap Common Stock Value
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914000 USD
CY2017Q4 us-gaap Common Stock Value
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1071000 USD
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126943000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
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160081000 USD
CY2016Q4 us-gaap Convertible Notes Payable
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249994000 USD
CY2017Q4 us-gaap Convertible Notes Payable
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584897000 USD
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6763000 USD
CY2017Q4 us-gaap Deferred Finance Costs Net
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14348000 USD
CY2016Q4 us-gaap Derivative Asset Fair Value Gross Liability
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0 USD
CY2016Q4 us-gaap Derivative Assets
DerivativeAssets
5906000 USD
CY2017Q4 us-gaap Derivative Assets
DerivativeAssets
0 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Asset
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5906000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability
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5645000 USD
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5169000 USD
CY2016 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
28552000 USD
CY2017 us-gaap Derivative Gain Loss On Derivative Net
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-289000 USD
CY2016Q4 us-gaap Derivative Liabilities
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0 USD
CY2017Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
5644000 USD
CY2017Q4 us-gaap Derivative Liability Fair Value Gross Asset
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1000 USD
CY2015 us-gaap Dividends
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111864000 USD
CY2016 us-gaap Dividends
Dividends
141236000 USD
CY2017 us-gaap Dividends
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188431000 USD
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113215000 USD
CY2016 us-gaap Dividends Common Stock
DividendsCommonStock
143323000 USD
CY2017 us-gaap Dividends Common Stock
DividendsCommonStock
191343000 USD
CY2015Q4 us-gaap Dividends Payable Current And Noncurrent
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37828000 USD
CY2016Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
51278000 USD
CY2017Q4 us-gaap Dividends Payable Current And Noncurrent
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56576000 USD
CY2015 us-gaap Dividends Preferred Stock
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11884000 USD
CY2016 us-gaap Dividends Preferred Stock
DividendsPreferredStock
30295000 USD
CY2017 us-gaap Dividends Preferred Stock
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36761000 USD
CY2016Q4 us-gaap Due To Related Parties Current And Noncurrent
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7015000 USD
CY2017Q4 us-gaap Due To Related Parties Current And Noncurrent
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8168000 USD
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1.54
CY2016Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.18
CY2016Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.06
CY2016Q3 us-gaap Earnings Per Share Basic And Diluted
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0.83
CY2016Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.60
CY2016 us-gaap Earnings Per Share Basic And Diluted
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1.74
CY2017Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.41
CY2017Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.28
CY2017Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.54
CY2017Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.32
CY2017 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
1.54
CY2016Q4 us-gaap Fair Value Net Asset Liability
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336982000 USD
CY2017Q4 us-gaap Fair Value Net Asset Liability
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-5644000 USD
CY2015 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-4894000 USD
CY2016Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4474000 USD
CY2016Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-13082000 USD
CY2016Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4369000 USD
CY2016Q4 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-7359000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-29284000 USD
CY2017Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
3172000 USD
CY2017Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
6913000 USD
CY2017Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
7763000 USD
CY2017Q4 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
658000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
18506000 USD
CY2015 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-5192000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-28790000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
18645000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-33383000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
23612000 USD
CY2015 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
4106000 USD
CY2016Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
4703000 USD
CY2016Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
13313000 USD
CY2016Q3 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
4815000 USD
CY2016Q4 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
8329000 USD
CY2016 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
31160000 USD
CY2017Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-3045000 USD
CY2017Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-7389000 USD
CY2017Q3 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-7481000 USD
CY2017Q4 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-1265000 USD
CY2017 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-19180000 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016Q4 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017Q4 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1947000 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1947000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9492000 USD
CY2016Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8185000 USD
CY2016Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4922000 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8352000 USD
CY2016Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3527000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24983000 USD
CY2017Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5758000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5200000 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4629000 USD
CY2017Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5138000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20725000 USD
CY2016Q4 us-gaap Held To Maturity Securities Fair Value
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146352000 USD
CY2017Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
0 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3464000 USD
CY2016Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
68000 USD
CY2016Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
59000 USD
CY2016Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
80000 USD
CY2016Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-303000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-96000 USD
CY2017Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
458000 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-3305000 USD
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2017Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2847000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
2057000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
1718000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
1153000 USD
CY2015 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
30220000 USD
CY2016 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
27773000 USD
CY2017 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
3820000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-120000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
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-2194000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1372000 USD
CY2015 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
12054000 USD
CY2016Q1 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
2896000 USD
CY2016Q2 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
2826000 USD
CY2016Q3 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
2875000 USD
CY2016Q4 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
2872000 USD
CY2016 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
11469000 USD
CY2017Q1 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
2798000 USD
CY2017Q2 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
1334000 USD
CY2017Q3 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
0 USD
CY2017Q4 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
0 USD
CY2017 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
4132000 USD
CY2015 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
56092000 USD
CY2016Q1 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
21127000 USD
CY2016Q2 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
24140000 USD
CY2016Q3 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
27460000 USD
CY2016Q4 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
30200000 USD
CY2016 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
102927000 USD
CY2017Q1 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
34398000 USD
CY2017Q2 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
37089000 USD
CY2017Q3 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
41203000 USD
CY2017Q4 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
45942000 USD
CY2017 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
158632000 USD
CY2015 us-gaap Interest Expense
InterestExpense
48861000 USD
CY2016Q1 us-gaap Interest Expense
InterestExpense
14642000 USD
CY2016Q2 us-gaap Interest Expense
InterestExpense
15722000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
17256000 USD
CY2016Q4 us-gaap Interest Expense
InterestExpense
16139000 USD
CY2016 us-gaap Interest Expense
InterestExpense
63759000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
19855000 USD
CY2017Q1 us-gaap Interest Expense
InterestExpense
17030000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
19205000 USD
CY2017Q4 us-gaap Interest Expense
InterestExpense
21967000 USD
CY2017 us-gaap Interest Expense
InterestExpense
78057000 USD
CY2015 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
143303000 USD
CY2016Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
46805000 USD
CY2016Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
46918000 USD
CY2016Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
53315000 USD
CY2016Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
53580000 USD
CY2016 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
200617000 USD
CY2017Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
57812000 USD
CY2017Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
62224000 USD
CY2017Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
71241000 USD
CY2017Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
69187000 USD
CY2017 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
260464000 USD
CY2015 us-gaap Interest Paid
InterestPaid
43209000 USD
CY2016 us-gaap Interest Paid
InterestPaid
52708000 USD
CY2017 us-gaap Interest Paid
InterestPaid
55835000 USD
CY2016Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
7284000 USD
CY2017Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
12796000 USD
CY2016Q4 us-gaap Interest Receivable
InterestReceivable
19281000 USD
CY2017Q4 us-gaap Interest Receivable
InterestReceivable
23101000 USD
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
33188000 USD
CY2016Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
8049000 USD
CY2016Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
7607000 USD
CY2016Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
8029000 USD
CY2016Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
3901000 USD
CY2016 us-gaap Investment Income Interest
InvestmentIncomeInterest
27586000 USD
CY2017Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
3256000 USD
CY2017Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
3366000 USD
CY2017Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
2625000 USD
CY2017Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
1219000 USD
CY2017 us-gaap Investment Income Interest
InvestmentIncomeInterest
10466000 USD
CY2016Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
22103000 USD
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2016Q4 us-gaap Liabilities
Liabilities
1550750000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
2000462000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3482977000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4088605000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Consumer Real Estate
LoansAndLeasesReceivableConsumerRealEstate
2720344000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Consumer Real Estate
LoansAndLeasesReceivableConsumerRealEstate
3706169000 USD
CY2015Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1925652000 USD
CY2016Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
2693092000 USD
CY2017Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
3679758000 USD
CY2016 us-gaap Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
331189000 USD
CY2017 us-gaap Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
891848000 USD
CY2016Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
2693092000 USD
CY2017Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
3679758000 USD
CY2017Q4 us-gaap Mortgage Loans On Real Estate Federal Income Tax Basis1
MortgageLoansOnRealEstateFederalIncomeTaxBasis1
3696739000 USD
CY2016 us-gaap Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
0.0888
CY2017 us-gaap Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
0.0840
CY2016 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
1127039000 USD
CY2017 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
1828758000 USD
CY2016 us-gaap Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
45 loan
CY2017 us-gaap Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
59 loan
CY2017Q4 us-gaap Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans
0 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
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729528000 USD
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1071533000 USD
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88122000 USD
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118882000 USD
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154873000 USD
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CY2016Q4 us-gaap Net Income Loss
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47125000 USD
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36235000 USD
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41315000 USD
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91372000 USD
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12801000 USD
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4478000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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60583000 USD
CY2016Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
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49716000 USD
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CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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26925000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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57208000 USD
CY2017Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
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34322000 USD
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156270000 USD
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26111000 USD
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CY2016 us-gaap Operating Expenses
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48371000 USD
CY2017Q1 us-gaap Operating Expenses
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CY2017Q2 us-gaap Operating Expenses
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CY2017Q3 us-gaap Operating Expenses
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20995000 USD
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28420000 USD
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1714000 USD
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5319000 USD
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-866000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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-638000 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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3811000 USD
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-188000 USD
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-638000 USD
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3811000 USD
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678000 USD
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0 USD
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0 USD
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1239000 USD
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2000 USD
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22000 USD
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309000 USD
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760000 USD
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1094000 USD
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108000 USD
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244000 USD
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359000 USD
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229000 USD
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940000 USD
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21997000 USD
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24379000 USD
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25227000 USD
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84979000 USD
CY2017Q4 us-gaap Participating Mortgage Loans Participation Liabilities Amount
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0 USD
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327000 USD
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0 USD
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0 USD
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201000 USD
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1741000 USD
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0 USD
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0 USD
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0 USD
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0 USD
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116990000 USD
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100849000 USD
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132213000 USD
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183877000 USD
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7440000 USD
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27956000 USD
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2900000 USD
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4017000 USD
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14254000 USD
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987000 USD
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406000 USD
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924000 USD
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3929000 USD
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362000 USD
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726000 USD
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8000 USD
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1640000 USD
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1379000 USD
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11884000 USD
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5815000 USD
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5860000 USD
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9310000 USD
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9310000 USD
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30295000 USD
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9310000 USD
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9310000 USD
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11148000 USD
CY2017Q4 us-gaap Preferred Stock Dividends Income Statement Impact
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6993000 USD
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36761000 USD
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0.01
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0.01
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50000000 shares
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50000000 shares
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206573000 USD
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218002000 USD
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0 USD
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0 USD
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343275000 USD
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20794000 USD
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0 USD
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24498000 USD
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343430000 USD
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178185000 USD
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197680000 USD
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0 USD
CY2017 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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0 USD
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17939000 USD
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12500000 USD
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27904000 USD
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23629000 USD
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97885000 USD
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295681000 USD
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1100000000 USD
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189000 USD
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132000 USD
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0 USD
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0 USD
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0 USD
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15000000 USD
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0 USD
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0 USD
CY2016 us-gaap Provision For Loan And Lease Losses
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15000000 USD
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0 USD
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5000000 USD
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0 USD
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0 USD
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5000000 USD
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16619000 USD
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5229000 USD
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5242000 USD
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5903000 USD
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7015000 USD
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23388000 USD
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7432000 USD
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7742000 USD
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8169000 USD
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31652000 USD
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62457000 USD
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0 USD
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0 USD
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4266000 USD
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4464000 USD
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10977000 USD
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18.45
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197680000 USD
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1000 USD
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1000 USD
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0 USD
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117002000 USD
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1741000 USD
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855069000 USD
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1375424000 USD
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1932227000 USD
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2088143000 USD
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331076000 USD
CY2017Q4 us-gaap Trading Securities Pledged As Collateral
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0 USD
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2608000 USD
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-11523000 USD
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-17408000 USD
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-15074000 USD
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10502000 USD
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2852000 USD
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13488000 USD
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25335000 USD
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37165000 USD
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59273280 shares
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68327718 shares
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68374557 shares
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72861611 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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83548823 shares
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73305101 shares
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92998250 shares
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96796289 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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106812721 shares
CY2017Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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108095950 shares
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101232610 shares
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58674046 shares
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67385191 shares
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67402311 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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71919549 shares
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82670237 shares
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72371374 shares
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91612447 shares
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95428134 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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105446704 shares
CY2017Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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106721887 shares
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99859153 shares
CY2017 us-gaap Revenue Recognition Interest
RevenueRecognitionInterest
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Interest Income Recognition</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest income on commercial mortgage loans is accrued based on the actual coupon rate adjusted for accretion of any purchase discounts, the amortization of any purchase premiums and the accretion of any deferred fees, in accordance with GAAP. </font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest income on CMBS is accrued using the effective yield method, which includes the accretion of purchase discounts and the amortization of purchase premiums and the stated coupon interest payments.</font></div></div>

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