2018 Q1 Form 10-Q Financial Statement

#000127368518000039 Filed on May 08, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $108.9M $78.39M
YoY Change 38.92% -3.97%
Cost Of Revenue $90.00M $67.50M
YoY Change 33.33% 0.0%
Gross Profit $39.90M $27.40M
YoY Change 45.62% 22.87%
Gross Profit Margin 36.64% 34.96%
Selling, General & Admin $6.300M $4.900M
YoY Change 28.57% 88.46%
% of Gross Profit 15.79% 17.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $8.698M $10.20M
YoY Change -14.76% 9.02%
Operating Profit $32.01M $20.42M
YoY Change 56.75% 19.12%
Interest Expense $89.14M $64.47M
YoY Change 38.27% 0.75%
% of Operating Profit 278.5% 315.72%
Other Income/Expense, Net $3.994M $2.839M
YoY Change 40.68% -7.61%
Pretax Income $32.01M $20.42M
YoY Change 56.75% 19.12%
Income Tax -$79.00K $1.237M
% Of Pretax Income -0.25% 6.06%
Net Earnings $29.62M $19.18M
YoY Change 54.41% 13.16%
Net Earnings / Revenue 27.2% 24.47%
Basic Earnings Per Share $0.21 $0.14
Diluted Earnings Per Share $0.20 $0.14
COMMON SHARES
Basic Shares Outstanding 112.0M shares 111.7M shares
Diluted Shares Outstanding 131.8M shares 126.6M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $65.00M $73.00M
YoY Change -10.96% 82.5%
Cash & Equivalents $65.50M $73.03M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $29.00M
Prepaid Expenses
Receivables $1.000M
Other Receivables $189.0M
Total Short-Term Assets $192.0M $263.0M
YoY Change -27.0% -1.87%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $25.22M $25.22M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $1.874B $1.355B
YoY Change 38.3% 1.73%
Other Assets $1.000M
YoY Change
Total Long-Term Assets $11.57B $10.19B
YoY Change 13.62% 13.37%
TOTAL ASSETS
Total Short-Term Assets $192.0M $263.0M
Total Long-Term Assets $11.57B $10.19B
Total Assets $11.77B $10.45B
YoY Change 12.6% 12.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $142.0M
YoY Change -54.34%
Accrued Expenses $82.00M $65.00M
YoY Change 26.15% 10.17%
Deferred Revenue
YoY Change
Short-Term Debt $1.436B $875.0M
YoY Change 64.11% 8.43%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.518B $1.082B
YoY Change 40.3% -8.07%
LONG-TERM LIABILITIES
Long-Term Debt $9.297B $8.515B
YoY Change 9.18% 18.33%
Other Long-Term Liabilities $0.00
YoY Change -100.0%
Total Long-Term Liabilities $9.297B $8.515B
YoY Change 9.18% 18.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.518B $1.082B
Total Long-Term Liabilities $9.297B $8.515B
Total Liabilities $10.82B $9.597B
YoY Change 12.69% 14.55%
SHAREHOLDERS EQUITY
Retained Earnings -$74.45M -$68.95M
YoY Change 7.97% 185.92%
Common Stock $1.121M $1.119M
YoY Change 0.18% 2.29%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $949.0M $845.2M
YoY Change
Total Liabilities & Shareholders Equity $11.77B $10.45B
YoY Change 12.6% 12.93%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $29.62M $19.18M
YoY Change 54.41% 13.16%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $7.109M $7.121M
YoY Change -0.17% -61.55%
INVESTING ACTIVITIES
Capital Expenditures $46.00K $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $36.40M $42.10M
YoY Change -13.54% -11.18%
Cash From Investing Activities $36.31M $42.06M
YoY Change -13.67% -21.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$92.57M -$45.16M
YoY Change 104.99% -48.63%
NET CHANGE
Cash From Operating Activities $7.109M $7.121M
Cash From Investing Activities $36.31M $42.06M
Cash From Financing Activities -$92.57M -$45.16M
Net Change In Cash -$49.15M $4.028M
YoY Change -1320.13% -125.91%
FREE CASH FLOW
Cash From Operating Activities $7.109M $7.121M
Capital Expenditures $46.00K $0.00
Free Cash Flow $7.063M $7.121M
YoY Change -0.81% -61.55%

Facts In Submission

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CY2017Q4 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2018-01-25
CY2018Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2018-04-26
CY2018Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
22423000 USD
CY2017Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2017-03-16
CY2017Q2 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2017-06-14
CY2017Q3 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2017-09-14
CY2017Q4 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2017-12-07
CY2018Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2018-03-19
CY2017Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2017-03-27
CY2017Q2 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2017-06-26
CY2017Q3 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2017-09-25
CY2017Q4 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2017-12-18
CY2017Q4 us-gaap Financial Instruments Owned Other At Fair Value
FinancialInstrumentsOwnedOtherAtFairValue
9657421000 USD
CY2018Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2018-03-29
CY2018Q1 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
5925000 USD
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2017Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3170000 USD
CY2018Q1 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3926000 USD
CY2017Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
3340000 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-182601000 USD
CY2017Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-193000 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-4000 USD
CY2017Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements
1545030000 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements
15966000 USD
CY2017Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
38425000 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
38530000 USD
CY2016Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
7061842000 USD
CY2017Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
8572894000 USD
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
9835319000 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
9630150000 USD
CY2017Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-8068000 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-201558000 USD
CY2017Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements
1472073000 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements
0 USD
CY2017Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
36473000 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
34434000 USD
CY2016Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
6624896000 USD
CY2017Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
8052428000 USD
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
9189459000 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
8953467000 USD
CY2018Q1 us-gaap Financial Instruments Owned Other At Fair Value
FinancialInstrumentsOwnedOtherAtFairValue
9438309000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
3782000 USD
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
3797000 USD
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
4191000 USD
CY2018Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
4081000 USD
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
0 USD
CY2018Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
0 USD
CY2017Q1 us-gaap Financing Receivable Reclassification To Held For Sale
FinancingReceivableReclassificationToHeldForSale
0 USD
CY2018Q1 us-gaap Financing Receivable Reclassification To Held For Sale
FinancingReceivableReclassificationToHeldForSale
0 USD
CY2017Q1 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
11971000 USD
CY2018Q1 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
-773000 USD
CY2017Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2018Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
2328000 USD
CY2017Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4887000 USD
CY2018Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4656000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
25200000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
25222000 USD
CY2018Q1 us-gaap Goodwill
Goodwill
25200000 USD
CY2018Q1 us-gaap Goodwill
Goodwill
25222000 USD
CY2017Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2018Q1 us-gaap Guarantee Obligations Liquidation Proceeds Percentage
GuaranteeObligationsLiquidationProceedsPercentage
0.284 pure
CY2017Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5796000 USD
CY2018Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6090000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1237000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-79000 USD
CY2017Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
255000 USD
CY2018Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
642000 USD
CY2017Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4903000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-435000 USD
CY2017Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
14881000 shares
CY2018Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
19694000 shares
CY2017Q1 us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements
0 shares
CY2018Q1 us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
IncrementalCommonSharesAttributableToEquityUnitPurchaseAgreements
49000 shares
CY2017Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
78385000 USD
CY2018Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
108891000 USD
CY2017Q1 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
9801000 USD
CY2018Q1 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
16258000 USD
CY2017Q1 us-gaap Interest Expense
InterestExpense
64467000 USD
CY2018Q1 us-gaap Interest Expense
InterestExpense
89139000 USD
CY2017Q1 us-gaap Interest Expense Other
InterestExpenseOther
5569000 USD
CY2018Q1 us-gaap Interest Expense Other
InterestExpenseOther
9651000 USD
CY2017Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
13918000 USD
CY2018Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
19752000 USD
CY2017Q1 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
1960000 USD
CY2017Q4 us-gaap Interest Receivable
InterestReceivable
33600000 USD
CY2018Q1 us-gaap Interest Receivable
InterestReceivable
33400000 USD
CY2018Q1 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
2634000 USD
CY2017Q1 us-gaap Interest Paid
InterestPaid
71332000 USD
CY2018Q1 us-gaap Interest Paid
InterestPaid
103316000 USD
CY2017Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
2500000 USD
CY2018Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
3100000 USD
CY2018Q1 us-gaap Loans And Leases Receivable Consumer Real Estate
LoansAndLeasesReceivableConsumerRealEstate
74472000 USD
CY2018Q1 us-gaap Long Term Debt
LongTermDebt
215135000 USD
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
51143000 USD
CY2018Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
51921000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
11080284000 USD
CY2018Q1 us-gaap Liabilities
Liabilities
10815092000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12056285000 USD
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
11765879000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Consumer Real Estate
LoansAndLeasesReceivableConsumerRealEstate
77519000 USD
CY2018Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
138000000 USD
CY2018Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2018Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2018Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
4473000 USD
CY2018Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
4136000 USD
CY2018Q1 us-gaap Minority Interest
MinorityInterest
1741000 USD
CY2017Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
73820000 USD
CY2018Q1 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
70864000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-45157000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-92569000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
42064000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
36313000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7121000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7109000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
19182000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
29618000 USD
CY2017Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2018Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2468000 USD
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15957000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23693000 USD
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
17917000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
26327000 USD
CY2018Q1 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
4863000 USD
CY2017Q4 us-gaap Notes Payable
NotesPayable
57124000 USD
CY2018Q1 us-gaap Notes Payable
NotesPayable
32072000 USD
CY2018Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2017Q1 us-gaap Operating Expenses
OperatingExpenses
10204000 USD
CY2018Q1 us-gaap Operating Expenses
OperatingExpenses
8698000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
20419000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
32007000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
164000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2920000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-24478000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
522000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
3278000 USD
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-24478000 USD
CY2017Q1 us-gaap Other Cost And Expense Operating
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2239000 USD
CY2018Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1603000 USD
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2839000 USD
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3994000 USD
CY2017Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
16705000 USD
CY2018Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
20953000 USD
CY2017Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
0 USD
CY2018Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
0 USD
CY2017Q1 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-630000 USD
CY2018Q1 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
0 USD
CY2017Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
58925000 USD
CY2018Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
60321000 USD
CY2017Q1 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
1300000 USD
CY2018Q1 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
18210000 USD
CY2017Q1 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
23000 USD
CY2018Q1 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
2000 USD
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0 USD
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
46000 USD
CY2017Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3225000 USD
CY2018Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5925000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2018Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
12000000 shares
CY2018Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
12000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
12000000 shares
CY2017Q1 us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
10000 USD
CY2018Q1 us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
8000 USD
CY2017Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
126995000 USD
CY2018Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
CY2017Q1 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
0 USD
CY2018Q1 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
33192000 USD
CY2017Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
930000 USD
CY2018Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
638000 USD
CY2017Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2018Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
505000 USD
CY2017Q1 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
-90854000 USD
CY2018Q1 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
10215000 USD
CY2017Q1 us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
574000 USD
CY2018Q1 us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
0 USD
CY2017Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
32783000 USD
CY2018Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
35365000 USD
CY2017Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
37300000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
10100000 USD
CY2017Q1 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
479000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
3871000 USD
CY2017Q1 us-gaap Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
35996000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
10080000 USD
CY2017Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
1615000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
943000 USD
CY2017Q1 us-gaap Profit Loss
ProfitLoss
19182000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
32086000 USD
CY2017Q1 us-gaap Profit Loss From Real Estate Operations
ProfitLossFromRealEstateOperations
0 USD
CY2018Q1 us-gaap Profit Loss From Real Estate Operations
ProfitLossFromRealEstateOperations
2126000 USD
CY2017Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-188000 USD
CY2018Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
42000 USD
CY2017Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
15000 USD
CY2018Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-110000 USD
CY2016Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
150000 USD
CY2017Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
0 USD
CY2017Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
111000 USD
CY2018Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
111000 USD
CY2017Q1 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
150000 USD
CY2018Q1 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
0 USD
CY2017Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
64202000 USD
CY2018Q1 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
29293000 USD
CY2017Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-1223000 USD
CY2018Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-3423000 USD
CY2017Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
CY2018Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
25565000 USD
CY2017Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
11662000 USD
CY2018Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
11753000 USD
CY2017 us-gaap Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1
P44D
CY2018Q1 us-gaap Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1
P55D
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
70525000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
20300000 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
808000 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
800000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-75717000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-74447000 USD
CY2017Q1 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
0 USD
CY2018Q1 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
0 USD
CY2017Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
1276918000 USD
CY2018Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
1287314000 USD
CY2017Q4 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
1453699000 USD
CY2018Q1 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
1470903000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
40000 USD
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
387000 USD
CY2018Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
389000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
971865000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
949046000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
976001000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
950787000 USD
CY2017Q4 us-gaap Subordinated Debt
SubordinatedDebt
45000000 USD
CY2018Q1 us-gaap Subordinated Debt
SubordinatedDebt
45000000 USD
CY2017Q1 us-gaap Transfer Of Investments
TransferOfInvestments
1301000 USD
CY2018Q1 us-gaap Transfer Of Investments
TransferOfInvestments
0 USD
CY2017Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
0 USD
CY2018Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
0 USD
CY2017Q1 us-gaap Transfer To Investments
TransferToInvestments
141894000 USD
CY2018Q1 us-gaap Transfer To Investments
TransferToInvestments
0 USD
CY2017Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
2357000 USD
CY2018Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
1992000 USD
CY2017Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
1546000 USD
CY2018Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
11692000 USD
CY2017Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
1384000 USD
CY2018Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
7545000 USD
CY2017Q1 us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
1384000 USD
CY2018Q1 us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
7545000 USD
CY2017Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
10041468000 USD
CY2018Q1 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
9771205000 USD
CY2017Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
9436421000 USD
CY2018Q1 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
9157640000 USD
CY2017Q4 us-gaap Variable Interest Entity Nonconsolidated Carrying Amount Assets And Liabilities Net
VariableInterestEntityNonconsolidatedCarryingAmountAssetsAndLiabilitiesNet
138920000 USD
CY2018Q1 us-gaap Variable Interest Entity Nonconsolidated Carrying Amount Assets And Liabilities Net
VariableInterestEntityNonconsolidatedCarryingAmountAssetsAndLiabilitiesNet
154006000 USD
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126602000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
131761000 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111721000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
112018000 shares
CY2018Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font><font style="font-family:inherit;font-size:10pt;"> &#8211; Certain prior period amounts have been reclassified in the condensed consolidated financial statements to conform to current period presentation.</font></div></div>

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