2018 Q4 Form 10-Q Financial Statement

#000146574018000127 Filed on November 07, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q4
Revenue $252.0M $236.7M $195.1M
YoY Change 29.14% 20.71% 21.72%
Cost Of Revenue $193.1M $163.8M $85.60M
YoY Change 125.58% 38.7% 23.7%
Gross Profit -$531.8M $185.4M $136.1M
YoY Change -490.74% 83.56% -61.72%
Gross Profit Margin -211.07% 78.33% 69.76%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $200.0K $200.0K
YoY Change -11.5% -33.33%
% of Gross Profit 0.11% 0.15%
Operating Expenses $15.90M $17.10M $2.200M
YoY Change 622.73% 29.55% -76.09%
Operating Profit -$547.7M $168.3M $133.9M
YoY Change -509.04% 91.69% -61.33%
Interest Expense $162.3M $152.4M $94.80M
YoY Change 71.21% 53.27% 49.95%
% of Operating Profit 90.55% 70.8%
Other Income/Expense, Net -$590.7M $112.5M $103.3M
YoY Change -671.89% 387.92% -66.04%
Pretax Income -$547.9M $73.36M $133.5M
YoY Change -510.41% -16.53% -61.25%
Income Tax $6.681M $37.41M $10.62M
% Of Pretax Income 51.0% 7.95%
Net Earnings -$554.5M $35.95M $165.9M
YoY Change -434.24% -64.78% -51.41%
Net Earnings / Revenue -220.08% 15.19% 85.03%
Basic Earnings Per Share -$2.31 $0.08 $0.88
Diluted Earnings Per Share -$2.31 $0.08 $0.84
COMMON SHARES
Basic Shares Outstanding 248.1M shares 224.4M shares 174.5M shares
Diluted Shares Outstanding 224.4M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $410.0M $423.0M $419.0M
YoY Change -2.15% -21.52% 2.95%
Cash & Equivalents $409.8M $422.9M $419.2M
Short-Term Investments
Other Short-Term Assets $3.000M $2.000M
YoY Change 50.0% 100.0%
Inventory
Prepaid Expenses
Receivables $87.00M $85.00M $68.00M
Other Receivables $154.0M $1.257B $872.0M
Total Short-Term Assets $651.0M $1.768B $1.361B
YoY Change -52.17% 151.85% 136.7%
LONG-TERM ASSETS
Property, Plant & Equipment $863.0K $1.226M
YoY Change -38.88% -35.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $28.31B $28.40B $22.34B
YoY Change 26.71% 7.7% 20.44%
Other Assets $688.0M $894.0M $662.0M
YoY Change 3.93% 129.23% 42.06%
Total Long-Term Assets $29.48B $29.76B $23.43B
YoY Change 25.84% 9.82% 19.92%
TOTAL ASSETS
Total Short-Term Assets $651.0M $1.768B $1.361B
Total Long-Term Assets $29.48B $29.76B $23.43B
Total Assets $30.13B $31.53B $24.79B
YoY Change 21.55% 13.4% 23.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $160.0M $14.98M $24.74M
YoY Change 546.8% -47.24% -14.46%
Deferred Revenue
YoY Change
Short-Term Debt $22.83B $23.61B $19.45B
YoY Change 17.39% 29.02% 108.79%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $23.26B $24.39B $19.66B
YoY Change 18.28% 31.59% 105.5%
LONG-TERM LIABILITIES
Long-Term Debt $1.759B $1.659B $1.518B
YoY Change 15.88% -67.52% -78.64%
Other Long-Term Liabilities $860.0M $804.0M $35.00M
YoY Change 2357.14% 2672.41% 2.94%
Total Long-Term Liabilities $2.619B $2.463B $1.553B
YoY Change 68.64% -52.04% -78.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $23.26B $24.39B $19.66B
Total Long-Term Liabilities $2.619B $2.463B $1.553B
Total Liabilities $25.88B $26.85B $21.22B
YoY Change 21.96% 13.44% 26.97%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $2.481M $2.481M $1.745M
YoY Change 42.18% -28.91% 0.4%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.254B $4.676B $3.571B
YoY Change
Total Liabilities & Shareholders Equity $30.13B $31.53B $24.79B
YoY Change 21.55% 13.4% 23.26%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q4
OPERATING ACTIVITIES
Net Income -$554.5M $35.95M $165.9M
YoY Change -434.24% -64.78% -51.41%
Depreciation, Depletion And Amortization $200.0K $200.0K
YoY Change -11.5% -33.33%
Cash From Operating Activities $181.5M $162.0M $188.0M
YoY Change -3.46% 13.76% -79.47%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $374.4M $2.294B -$1.850B
YoY Change -120.23% -157.61% -425.18%
Cash From Investing Activities $374.4M $2.294B -$1.850B
YoY Change -120.23% -157.61% -425.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -769.6M -2.127B 1.834B
YoY Change -141.96% -155.66% -213.02%
NET CHANGE
Cash From Operating Activities 181.5M 162.0M 188.0M
Cash From Investing Activities 374.4M 2.294B -1.850B
Cash From Financing Activities -769.6M -2.127B 1.834B
Net Change In Cash -213.7M 329.3M 171.7M
YoY Change -224.46% -1909.34% -224.33%
FREE CASH FLOW
Cash From Operating Activities $181.5M $162.0M $188.0M
Capital Expenditures
Free Cash Flow
YoY Change

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OtherNonoperatingIncomeExpense
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2695000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
21053000 USD
CY2018Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
112514000 USD
CY2017Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
23060000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
487670000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-69722000 USD
CY2018Q3 us-gaap Management Fee Expense
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ManagementFeeExpense
10146000 USD
us-gaap Management Fee Expense
ManagementFeeExpense
18120000 USD
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ManagementFeeExpense
29801000 USD
CY2018Q3 two Subservicing Expense
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16433000 USD
CY2017Q3 two Subservicing Expense
SubservicingExpense
8560000 USD
two Subservicing Expense
SubservicingExpense
42526000 USD
two Subservicing Expense
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25154000 USD
CY2018Q3 us-gaap Other Cost And Expense Operating
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17033000 USD
CY2017Q3 us-gaap Other Cost And Expense Operating
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13138000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
47040000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
44373000 USD
CY2018Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
86703000 USD
CY2017Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
86703000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2018Q3 us-gaap Restructuring Charges
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8238000 USD
CY2017Q3 us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Restructuring Charges
RestructuringCharges
8238000 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2018Q3 us-gaap Costs And Expenses
CostsAndExpenses
123366000 USD
CY2017Q3 us-gaap Costs And Expenses
CostsAndExpenses
31844000 USD
us-gaap Costs And Expenses
CostsAndExpenses
202627000 USD
us-gaap Costs And Expenses
CostsAndExpenses
99328000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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73355000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
87878000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
545387000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
125112000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37409000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35142000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-21100000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
35946000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
93220000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
510245000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
146212000 USD
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
11518000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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CY2018Q3 us-gaap Profit Loss
ProfitLoss
35946000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
104738000 USD
us-gaap Profit Loss
ProfitLoss
510245000 USD
us-gaap Profit Loss
ProfitLoss
185381000 USD
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
2674000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
2714000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
35946000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
102064000 USD
us-gaap Net Income Loss
NetIncomeLoss
510245000 USD
us-gaap Net Income Loss
NetIncomeLoss
182667000 USD
CY2018Q3 us-gaap Preferred Stock Dividends Income Statement Impact
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18951000 USD
CY2017Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8888000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
46445000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
13173000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16995000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
93176000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
463800000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
169494000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.08
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.48
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.42
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.76
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.05
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.21
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.08
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.47
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.28
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.76
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.05
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.21
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.47
CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.52
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.41
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.54
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
224399436 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
174488296 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
191846212 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
174415232 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
224399436 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
188907356 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
209607146 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
174415232 shares
CY2018Q3 us-gaap Profit Loss
ProfitLoss
35946000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
104738000 USD
us-gaap Profit Loss
ProfitLoss
510245000 USD
us-gaap Profit Loss
ProfitLoss
185381000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-119796000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
68433000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-499460000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
223823000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
68433000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-499460000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
223823000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-83850000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
173171000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
10785000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
409204000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2682000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2724000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-83850000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
170489000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10785000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
406480000 USD
CY2018Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
18951000 USD
CY2017Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8888000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
46445000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
13173000 USD
CY2018Q3 two Comprehensive Income Loss Attributableto Common Stockholders
ComprehensiveIncomeLossAttributabletoCommonStockholders
-102801000 USD
CY2017Q3 two Comprehensive Income Loss Attributableto Common Stockholders
ComprehensiveIncomeLossAttributabletoCommonStockholders
161601000 USD
two Comprehensive Income Loss Attributableto Common Stockholders
ComprehensiveIncomeLossAttributabletoCommonStockholders
-35660000 USD
two Comprehensive Income Loss Attributableto Common Stockholders
ComprehensiveIncomeLossAttributabletoCommonStockholders
393307000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3401111000 USD
us-gaap Profit Loss
ProfitLoss
185381000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
216004000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-7815000 USD
two Other Comprehensive Income Loss Netof Tax Excluding Adjustmentto Noncontrolling Interest
OtherComprehensiveIncomeLossNetofTaxExcludingAdjustmenttoNoncontrollingInterest
223819000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
181875000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
-5445000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
332000 USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
13173000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
271874000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
12389000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4131381000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3571424000 USD
CY2017Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
0 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1
3571424000 USD
us-gaap Profit Loss
ProfitLoss
510245000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-53017000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
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us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
329000 USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
46445000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
270023000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
9785000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4675982000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
510245000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
146212000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-73441000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-45500000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
728000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
429000 USD
us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
363000 USD
us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
429000 USD
us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
-96842000 USD
us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
-15485000 USD
two Servicing Assetat Fair Value Total Changesin Fair Value
ServicingAssetatFairValueTotalChangesinFairValue
102251000 USD
two Servicing Assetat Fair Value Total Changesin Fair Value
ServicingAssetatFairValueTotalChangesinFairValue
-90440000 USD
two Gain Losson Residential Mortgage Loans Heldfor Sale
GainLossonResidentialMortgageLoansHeldforSale
851000 USD
two Gain Losson Residential Mortgage Loans Heldfor Sale
GainLossonResidentialMortgageLoansHeldforSale
2149000 USD
us-gaap Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
0 USD
us-gaap Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
14884000 USD
two Unrealized Gain Losson Interest Rate Swapsand Swaptions
UnrealizedGainLossonInterestRateSwapsandSwaptions
221649000 USD
two Unrealized Gain Losson Interest Rate Swapsand Swaptions
UnrealizedGainLossonInterestRateSwapsandSwaptions
-56123000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-27457000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-37586000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9785000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
11703000 USD
us-gaap Depreciation
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504000 USD
us-gaap Depreciation
Depreciation
776000 USD
us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
77602000 USD
us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
0 USD
us-gaap Payments To Purchase Mortgage Loans Held For Sale
PaymentsToPurchaseMortgageLoansHeldForSale
0 USD
us-gaap Payments To Purchase Mortgage Loans Held For Sale
PaymentsToPurchaseMortgageLoansHeldForSale
567000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
0 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
3708000 USD
us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
3325000 USD
us-gaap Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
5019000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
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-13698000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
20653000 USD
us-gaap Increase Decrease In Deferred Income Taxes
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-35094000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
21505000 USD
us-gaap Increase Decrease In Income Taxes Receivable
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460000 USD
us-gaap Increase Decrease In Income Taxes Receivable
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-1411000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-7367000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
251000 USD
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9136000 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-10244000 USD
two Increase Decreasein Servicing Advances
IncreaseDecreaseinServicingAdvances
-4916000 USD
two Increase Decreasein Servicing Advances
IncreaseDecreaseinServicingAdvances
-5489000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
1823000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
31551000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
4000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
142000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-7481000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-11753000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
28280000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
521366000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
418765000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
6319252000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
13677423000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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9156686000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
5726616000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1792168000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1075961000 USD
us-gaap Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
475451000 USD
us-gaap Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
327341000 USD
us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
395000 USD
us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
132000 USD
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
82971000 USD
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
93812000 USD
us-gaap Proceeds From Derivative Instrument Investing Activities
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us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
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us-gaap Net Cash Provided By Used In Investing Activities
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two Proceedsfrom Assets Soldunder Agreementsto Repurchase
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us-gaap Proceeds From Lines Of Credit
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us-gaap Repayments Of Lines Of Credit
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us-gaap Proceeds From Convertible Debt
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us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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0 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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67985000 USD
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1054995000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
758916000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
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0 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
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CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
815195000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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us-gaap Interest Paid
InterestPaid
300573000 USD
us-gaap Interest Paid
InterestPaid
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
502000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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two Noncashor Part Noncash Acquisition Availablefor Sale Securities Acquired
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10034557000 USD
two Noncashor Part Noncash Acquisition Availablefor Sale Securities Acquired
NoncashorPartNoncashAcquisitionAvailableforSaleSecuritiesAcquired
0 USD
two Noncashor Part Noncash Acquisition Cashand Cash Equivalents Acquired
NoncashorPartNoncashAcquisitionCashandCashEquivalentsAcquired
386000 USD
two Noncashor Part Noncash Acquisition Cashand Cash Equivalents Acquired
NoncashorPartNoncashAcquisitionCashandCashEquivalentsAcquired
0 USD
two Noncashor Part Noncash Acquisition Restricted Cash Acquired
NoncashorPartNoncashAcquisitionRestrictedCashAcquired
1062000 USD
two Noncashor Part Noncash Acquisition Restricted Cash Acquired
NoncashorPartNoncashAcquisitionRestrictedCashAcquired
0 USD
two Noncashor Part Noncash Acquisition Accrued Interest Receivable Acquired
NoncashorPartNoncashAcquisitionAccruedInterestReceivableAcquired
30646000 USD
two Noncashor Part Noncash Acquisition Accrued Interest Receivable Acquired
NoncashorPartNoncashAcquisitionAccruedInterestReceivableAcquired
0 USD
two Noncashor Part Noncash Acquisition Reverse Repurchase Agreements Acquired
NoncashorPartNoncashAcquisitionReverseRepurchaseAgreementsAcquired
761460000 USD
two Noncashor Part Noncash Acquisition Reverse Repurchase Agreements Acquired
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0 USD
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
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11977000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
0 USD
two Noncashor Part Noncash Acquisition Repurchase Agreements Assumed
NoncashorPartNoncashAcquisitionRepurchaseAgreementsAssumed
8743527000 USD
two Noncashor Part Noncash Acquisition Repurchase Agreements Assumed
NoncashorPartNoncashAcquisitionRepurchaseAgreementsAssumed
0 USD
two Noncashor Part Noncash Acquisition Derivative Liabilities Net Assumed
NoncashorPartNoncashAcquisitionDerivativeLiabilitiesNetAssumed
451026000 USD
two Noncashor Part Noncash Acquisition Derivative Liabilities Net Assumed
NoncashorPartNoncashAcquisitionDerivativeLiabilitiesNetAssumed
0 USD
two Noncashor Part Noncash Acquisition Dueto Counterparties Net Assumed
NoncashorPartNoncashAcquisitionDuetoCounterpartiesNetAssumed
279715000 USD
two Noncashor Part Noncash Acquisition Dueto Counterparties Net Assumed
NoncashorPartNoncashAcquisitionDuetoCounterpartiesNetAssumed
0 USD
two Noncashor Part Noncash Acquisition Accrued Interest Payable Assumed
NoncashorPartNoncashAcquisitionAccruedInterestPayableAssumed
27487000 USD
two Noncashor Part Noncash Acquisition Accrued Interest Payable Assumed
NoncashorPartNoncashAcquisitionAccruedInterestPayableAssumed
0 USD
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
821000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
0 USD
two Transferof Loans Heldforsaleto Other Receivables
TransferofLoansHeldforsaletoOtherReceivables
403000 USD
two Transferof Loans Heldforsaleto Other Receivables
TransferofLoansHeldforsaletoOtherReceivables
2909000 USD
two Transferof Mortgage Servicing Rights Fair Valueon Buyoutof Ginnie Mae Loans
TransferofMortgageServicingRightsFairValueonBuyoutofGinnieMaeLoans
0 USD
two Transferof Mortgage Servicing Rights Fair Valueon Buyoutof Ginnie Mae Loans
TransferofMortgageServicingRightsFairValueonBuyoutofGinnieMaeLoans
9000 USD
two Servicing Assetat Fair Value Additionsfrom Saleof Mortgage Loans
ServicingAssetatFairValueAdditionsfromSaleofMortgageLoans
0 USD
two Servicing Assetat Fair Value Additionsfrom Saleof Mortgage Loans
ServicingAssetatFairValueAdditionsfromSaleofMortgageLoans
20000 USD
us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
9918000 USD
us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
0 USD
two Loans Receivable Heldforsale Reconciliationto Cash Flow Transfersto Other Receivables
LoansReceivableHeldforsaleReconciliationtoCashFlowTransferstoOtherReceivables
2909000 USD
two Loans Receivable Heldforsale Reconciliationto Cash Flow Transferof Mortgage Servicing Rights Fair Valueon Buyoutof Ginnie Mae Loans
LoansReceivableHeldforsaleReconciliationtoCashFlowTransferofMortgageServicingRightsFairValueonBuyoutofGinnieMaeLoans
0 USD
two Loans Receivable Heldforsale Reconciliationto Cash Flow Transferof Mortgage Servicing Rights Fair Valueon Buyoutof Ginnie Mae Loans
LoansReceivableHeldforsaleReconciliationtoCashFlowTransferofMortgageServicingRightsFairValueonBuyoutofGinnieMaeLoans
9000 USD
two Loans Receivable Heldforsale Reconciliationto Cash Flow Sales
LoansReceivableHeldforsaleReconciliationtoCashFlowSales
0 USD
two Loans Receivable Heldforsale Reconciliationto Cash Flow Sales
LoansReceivableHeldforsaleReconciliationtoCashFlowSales
3708000 USD
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowDeductionsFromHeldForSale
3325000 USD
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowDeductionsFromHeldForSale
5019000 USD
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Period Increase Decrease
LoansReceivableHeldForSaleReconciliationToCashFlowPeriodIncreaseDecrease
851000 USD
CY2018Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
96259000 USD
CY2017Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
102799000 USD
CY2017Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
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30414000 USD
CY2016Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
40146000 USD
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Additions To Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowAdditionsToHeldForSale
0 USD
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Additions To Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowAdditionsToHeldForSale
567000 USD
two Loans Receivable Heldforsale Reconciliationto Cash Flow Transfersto Other Receivables
LoansReceivableHeldforsaleReconciliationtoCashFlowTransferstoOtherReceivables
403000 USD
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Period Increase Decrease
LoansReceivableHeldForSaleReconciliationToCashFlowPeriodIncreaseDecrease
2129000 USD
CY2018Q3 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Not Offset Policy Election Deduction
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetPolicyElectionDeduction
797504000 USD
CY2018Q3 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Cash
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash
0 USD
CY2018Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
27537000 USD
CY2017Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
31197000 USD
us-gaap Nature Of Operations
NatureOfOperations
Organization and Operations<div style="line-height:120%;padding-top:4px;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Two Harbors Investment Corp., or the Company, is a Maryland corporation investing in, financing and managing Agency residential mortgage-backed securities, or Agency RMBS, non-Agency securities, mortgage servicing rights, or MSR, and other financial assets. The Company’s Chief Investment Officer manages the investment portfolio as a whole and resources are allocated and financial performance is assessed on a consolidated basis. The Company is externally managed and advised by PRCM Advisers LLC, or PRCM Advisers, which is a subsidiary of Pine River Capital Management L.P., or Pine River. The Company’s common stock is listed on the NYSE under the symbol “TWO”.</span></div><div style="line-height:120%;padding-top:4px;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company was incorporated on May 21, 2009, and commenced operations as a publicly traded company on October 28, 2009, upon completion of a merger with Capitol Acquisition Corp., or Capitol, which became a wholly owned indirect subsidiary of the Company as a result of the merger.</span></div><div style="line-height:120%;padding-top:4px;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company has elected to be treated as a real estate investment trust, or REIT, as defined under the Internal Revenue Code of 1986, as amended, or the Code, for U.S. federal income tax purposes. As long as the Company continues to comply with a number of requirements under federal tax law and maintains its qualification as a REIT, the Company generally will not be subject to U.S. federal income taxes to the extent that the Company distributes its taxable income to its stockholders on an annual basis and does not engage in prohibited transactions. However, certain activities that the Company may perform may cause it to earn income which will not be qualifying income for REIT purposes. The Company has designated certain of its subsidiaries as taxable REIT subsidiaries, or TRSs, as defined in the Code, to engage in such activities.</span></div><div style="line-height:120%;padding-top:4px;text-align:left;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">On June 28, 2017, the Company completed the contribution of its portfolio of commercial real estate assets to Granite Point Mortgage Trust Inc., or Granite Point, a newly formed Maryland corporation intended to qualify as a REIT, externally managed and advised by Pine River, and focused on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The Company contributed its equity interests in its wholly owned subsidiary, TH Commercial Holdings LLC, to Granite Point and, in exchange for its contribution, received approximately </span><span style="font-family:inherit;font-size:10pt;"><span>33.1 million</span></span><span style="font-family:inherit;font-size:10pt;"> shares of common stock of Granite Point, which represented approximately </span><span style="font-family:inherit;font-size:10pt;"><span>76.5%</span></span><span style="font-family:inherit;font-size:10pt;"> of the outstanding stock of Granite Point upon completion of the initial public offering, or IPO, of its common stock on June 28, 2017. On November 1, 2017, the Company distributed, on a pro rata basis, the </span><span style="font-family:inherit;font-size:10pt;"><span>33.1 million</span></span><span style="font-family:inherit;font-size:10pt;"> shares of Granite Point common stock that it acquired in connection with the contribution to stockholders holding shares of Two Harbors common stock outstanding as of the close of business on October 20, 2017.</span></div><span style="font-family:inherit;font-size:10pt;">On April 26, 2018, the Company announced that it had entered into a definitive merger agreement pursuant to which the Company would acquire CYS Investments, Inc., or CYS, a Maryland corporation investing in primarily Agency RMBS and treated as a REIT for U.S. federal income tax purposes. The transaction was approved by the stockholders of both the Company and CYS on July 27, 2018, and the merger was completed on July 31, 2018, at which time CYS became a wholly owned subsidiary of the Company. In exchange for all of the shares of CYS common stock outstanding immediately prior to the effective time of the merger, the Company issued approximately </span><span style="font-family:inherit;font-size:10pt;"><span>72.6 million</span></span><span style="font-family:inherit;font-size:10pt;"> new shares of common stock, as well as aggregate cash consideration of </span><span style="font-family:inherit;font-size:10pt;"><span>$15.0 million</span></span><span style="font-family:inherit;font-size:10pt;">, to CYS common stockholders. In addition, the Company issued </span><span style="font-family:inherit;font-size:10pt;"><span>3 million</span></span><span style="font-family:inherit;font-size:10pt;"> shares of newly classified Series D cumulative redeemable preferred stock and </span><span style="font-family:inherit;font-size:10pt;"><span>8 million</span></span> shares of newly classified Series E cumulative redeemable preferred stock in exchange for all shares of CYS’s Series A and Series B cumulative redeemable preferred stock outstanding prior to the effective time of the merger.
CY2017Q2 us-gaap Investment Owned Balance Shares
InvestmentOwnedBalanceShares
33100000 shares
CY2017Q2 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
0.765
CY2017Q4 two Distributionof Special Dividend Shares
DistributionofSpecialDividendShares
33100000 shares
CY2018Q3 two Aggregate Cash Consideration Exchangedfor Sharesof Cys Common Stock
AggregateCashConsiderationExchangedforSharesofCYSCommonStock
15000000.0 USD
CY2017Q4 two Distributionof Special Dividend Shares
DistributionofSpecialDividendShares
33100000 shares
us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates<span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make a number of significant estimates. These include estimates of fair value of certain assets and liabilities, amount and timing of credit losses, prepayment rates, the period of time during which the Company anticipates an increase in the fair values of real estate securities sufficient to recover unrealized losses in those securities, and other estimates that affect the reported amounts of certain assets and liabilities as of the date of the consolidated financial statements and the reported amounts of certain revenues and expenses during the reported period. It is likely that changes in these estimates (</span><span style="font-family:inherit;font-size:10pt;font-style:italic;">e.g.</span>, valuation changes due to supply and demand, credit performance, prepayments, interest rates, or other reasons) will occur in the near term. The Company’s estimates are inherently subjective in nature and actual results could differ from its estimates and the differences may be material.
CY2018Q3 two Business Combination Percentof Similar Identifiable Assets
BusinessCombinationPercentofSimilarIdentifiableAssets
0.89
CY2018Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
864680000 USD
CY2018Q3 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
461449000 USD
CY2018Q3 us-gaap Derivative Assets
DerivativeAssets
403231000 USD
CY2018Q3 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
44643000 USD
CY2018Q3 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
0 USD
CY2018Q3 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
358588000 USD
CY2018Q3 us-gaap Securities Purchased Under Agreements To Resell Gross
SecuritiesPurchasedUnderAgreementsToResellGross
759375000 USD
CY2018Q3 us-gaap Securities Purchased Under Agreements To Resell Liability
SecuritiesPurchasedUnderAgreementsToResellLiability
0 USD
CY2018Q3 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
759375000 USD
CY2018Q3 us-gaap Securities Purchased Under Agreements To Resell Not Offset Policy Election Deduction
SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction
752861000 USD
CY2018Q3 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Cash
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash
0 USD
CY2018Q3 us-gaap Securities Purchased Under Agreements To Resell Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
6514000 USD
CY2018Q3 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross
1624055000 USD
CY2018Q3 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
461449000 USD
CY2018Q3 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed
1162606000 USD
CY2018Q3 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
365102000 USD
CY2018Q3 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
23806631000 USD
CY2018Q3 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0 USD
CY2018Q3 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
23806631000 USD
CY2018Q3 us-gaap Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction
SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction
23806631000 USD
CY2018Q3 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0 USD
CY2018Q3 us-gaap Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0 USD
CY2018Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1258953000 USD
CY2018Q3 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
461449000 USD
CY2018Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
797504000 USD
CY2018Q3 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
797504000 USD
CY2018Q3 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
0 USD
CY2018Q3 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0 USD
CY2018Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
25065584000 USD
CY2018Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
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two Disposal Group Including Discontinued Operation Net Interest Income
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two Disposal Group Including Discontinued Operation Management Fees
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two Disposal Group Including Discontinued Operation Management Fees
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two Disposal Group Including Discontinued Operation Servicing Expenses
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CY2017Q4 two Debt Securities Availableforsale Adjustable Rate
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CY2018Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
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4228978000 USD
CY2018Q3 us-gaap Available For Sale Securities Debt Securities
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522 position
CY2018Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
361 position
CY2017Q4 two Debt Securities Availableforsale Numberof Positions
DebtSecuritiesAvailableforsaleNumberofPositions
1435 position
CY2017Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
253 position
CY2017Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
234 position
CY2018Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
15400000000 USD
CY2017Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
12200000000 USD
CY2018Q3 two Debt Securities Availableforsale Continuous Unrealized Loss Position Lessthan12 Months Percent Agency
DebtSecuritiesAvailableforsaleContinuousUnrealizedLossPositionLessthan12MonthsPercentAgency
0.966
CY2017Q4 two Debt Securities Availableforsale Continuous Unrealized Loss Position Lessthan12 Months Percent Agency
DebtSecuritiesAvailableforsaleContinuousUnrealizedLossPositionLessthan12MonthsPercentAgency
0.985
CY2018Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
15358443000 USD
CY2018Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
309999000 USD
CY2018Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
6941115000 USD
CY2018Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
727351000 USD
CY2017Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
12198870000 USD
CY2017Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
65313000 USD
CY2017Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
2464544000 USD
CY2017Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
114724000 USD
CY2017Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
14663414000 USD
CY2017Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
180037000 USD
CY2018Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
100000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
400000 USD
two Other Than Temporary Impairment Losses Investments Number Available For Sale Securities
OtherThanTemporaryImpairmentLossesInvestmentsNumberAvailableForSaleSecurities
3 position
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
400000 USD
CY2017Q3 two Other Than Temporary Impairment Losses Investments Number Available For Sale Securities
OtherThanTemporaryImpairmentLossesInvestmentsNumberAvailableForSaleSecurities
1 position
CY2018Q3 two Otherthan Temporary Impairment Losses Investments Availableforsale Securities Market Value
OtherthanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesMarketValue
140300000 USD
CY2018Q3 two Otherthan Temporary Impairment Losses Investments Availableforsale Securities Portion Recognizedin Earnings Net Qualitative Disclosures Weighted Average Cumulative Losses
OtherthanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesPortionRecognizedinEarningsNetQualitativeDisclosuresWeightedAverageCumulativeLosses
0.083
CY2018Q3 two Otherthan Temporary Impairment Losses Investments Availableforsale Securities Portion Recognizedin Earnings Net Qualitative Disclosures Weighted Average Three Month Prepayment Speed
OtherthanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesPortionRecognizedinEarningsNetQualitativeDisclosuresWeightedAverageThreeMonthPrepaymentSpeed
0.070
CY2018Q3 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities Portion Recognized In Earnings Net Qualitative Disclosures Delinquency Rate
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesPortionRecognizedInEarningsNetQualitativeDisclosuresDelinquencyRate
0.190
CY2018Q3 two Otherthan Temporary Impairment Losses Investments Availableforsale Securities Portion Recognizedin Earnings Net Qualitative Disclosures Weighted Average Fico
OtherthanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesPortionRecognizedinEarningsNetQualitativeDisclosuresWeightedAverageFICO
668
CY2018Q2 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
6663000 USD
CY2017Q2 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
6035000 USD
CY2017Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
6395000 USD
CY2016Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
5606000 USD
CY2018Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
72000 USD
CY2017Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
0 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
157000 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
429000 USD
CY2018Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
23000 USD
CY2017Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
0 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
206000 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
0 USD
CY2018Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
0 USD
CY2017Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
0 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
0 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
0 USD
CY2018Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
0 USD
CY2017Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
0 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
0 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
0 USD
CY2018Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
6758000 USD
CY2017Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
6035000 USD
CY2018Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
6758000 USD
CY2017Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
6035000 USD
CY2018Q3 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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5400000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
9200000000 USD
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DebtSecuritiesAvailableforsaleGrossRealizedGainsLossesAmortizedCostSold
5500000000 USD
two Debt Securities Availableforsale Gross Realized Gains Losses Amortized Cost Sold
DebtSecuritiesAvailableforsaleGrossRealizedGainsLossesAmortizedCostSold
9300000000 USD
CY2018Q3 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
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us-gaap Debt Securities Available For Sale Realized Gain Loss
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CY2017Q3 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
600000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
5700000000 USD
CY2017Q3 two Debt Securities Availableforsale Gross Realized Gains Losses Amortized Cost Sold
DebtSecuritiesAvailableforsaleGrossRealizedGainsLossesAmortizedCostSold
600000000 USD
two Debt Securities Availableforsale Gross Realized Gains Losses Amortized Cost Sold
DebtSecuritiesAvailableforsaleGrossRealizedGainsLossesAmortizedCostSold
5700000000 USD
CY2017Q3 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-3900000 USD
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-21000000.0 USD
CY2018Q3 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
6603000 USD
CY2017Q3 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
408000 USD
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
16357000 USD
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
57133000 USD
CY2018Q3 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
48758000 USD
CY2017Q3 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
4342000 USD
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
117075000 USD
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
78125000 USD
CY2018Q3 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-42155000 USD
CY2017Q3 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
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us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
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us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
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CY2018Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1450261000 USD
CY2017Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
898025000 USD
CY2017Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1086717000 USD
CY2016Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
693815000 USD
CY2018Q3 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
201197000 USD
CY2017Q3 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
66280000 USD
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
480462000 USD
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
340156000 USD
CY2018Q3 two Servicing Assetat Fair Value Additionsfrom Saleof Mortgage Loans
ServicingAssetatFairValueAdditionsfromSaleofMortgageLoans
0 USD
CY2017Q3 two Servicing Assetat Fair Value Additionsfrom Saleof Mortgage Loans
ServicingAssetatFairValueAdditionsfromSaleofMortgageLoans
0 USD
two Servicing Assetat Fair Value Additionsfrom Saleof Mortgage Loans
ServicingAssetatFairValueAdditionsfromSaleofMortgageLoans
0 USD
two Servicing Assetat Fair Value Additionsfrom Saleof Mortgage Loans
ServicingAssetatFairValueAdditionsfromSaleofMortgageLoans
20000 USD
CY2018Q3 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
0 USD
CY2017Q3 us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
0 USD
us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
0 USD
us-gaap Servicing Asset At Fair Value Disposals
ServicingAssetAtFairValueDisposals
946000 USD
CY2018Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
62680000 USD
CY2017Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-154000 USD
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
209610000 USD
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-23083000 USD
CY2018Q3 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-42085000 USD
CY2017Q3 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-28595000 USD
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-107754000 USD
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-66543000 USD
CY2018Q3 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
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CY2017Q3 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-4943000 USD
us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
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us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
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CY2018Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1664024000 USD
CY2017Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
930613000 USD
CY2018Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1664024000 USD
CY2017Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
930613000 USD
CY2018Q3 us-gaap Pledged Assets Not Separately Reported Other Financial Instruments
PledgedAssetsNotSeparatelyReportedOtherFinancialInstruments
1200000000 USD
CY2017Q4 us-gaap Pledged Assets Not Separately Reported Other Financial Instruments
PledgedAssetsNotSeparatelyReportedOtherFinancialInstruments
600000000 USD
CY2018Q3 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed
45151000 USD
CY2017Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed
40100000 USD
CY2018Q3 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed
87971000 USD
CY2017Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Other Assumption
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInOtherAssumption
4274000 USD
CY2017Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed
77483000 USD
CY2018Q3 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Other Assumption
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInOtherAssumption
5824000 USD
CY2018Q3 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Other Assumption
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInOtherAssumption
11593000 USD
CY2017Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Other Assumption
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInOtherAssumption
8875000 USD
CY2018Q3 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate
55024000 USD
CY2017Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate
35137000 USD
CY2018Q3 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate
106220000 USD
CY2017Q4 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate
68246000 USD
CY2018Q3 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
80690000 USD
CY2017Q3 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
53989000 USD
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
218022000 USD
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
141923000 USD
CY2018Q3 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
358000 USD
CY2017Q3 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
310000 USD
us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
1004000 USD
us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
615000 USD
CY2018Q3 two Float Income Generatedby Servicing Financial Assets Amount
FloatIncomeGeneratedbyServicingFinancialAssetsAmount
8570000 USD
CY2017Q3 two Float Income Generatedby Servicing Financial Assets Amount
FloatIncomeGeneratedbyServicingFinancialAssetsAmount
3088000 USD
two Float Income Generatedby Servicing Financial Assets Amount
FloatIncomeGeneratedbyServicingFinancialAssetsAmount
19447000 USD
two Float Income Generatedby Servicing Financial Assets Amount
FloatIncomeGeneratedbyServicingFinancialAssetsAmount
5930000 USD
CY2018Q3 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
89618000 USD
CY2017Q3 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
57387000 USD
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
238473000 USD
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
148468000 USD
CY2018Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
26100000 USD
CY2017Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
31100000 USD
CY2018Q3 two Continuing Involvementwith Continuedtobe Recognized Transferred Financial Assets Numberof Loans
ContinuingInvolvementwithContinuedtobeRecognizedTransferredFinancialAssetsNumberofLoans
585563 loan
CY2018Q3 us-gaap Securitized Assets And Any Other Financial Assets Managed Together Principal Amount Outstanding
SecuritizedAssetsAndAnyOtherFinancialAssetsManagedTogetherPrincipalAmountOutstanding
133592693000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
419159000 USD
CY2017Q4 two Continuing Involvementwith Continuedtobe Recognized Transferred Financial Assets Numberof Loans
ContinuingInvolvementwithContinuedtobeRecognizedTransferredFinancialAssetsNumberofLoans
458133 loan
CY2017Q4 us-gaap Securitized Assets And Any Other Financial Assets Managed Together Principal Amount Outstanding
SecuritizedAssetsAndAnyOtherFinancialAssetsManagedTogetherPrincipalAmountOutstanding
104002292000 USD
CY2018Q3 two Residential Loans Heldforsale Mortgages Unpaid Principal
ResidentialLoansHeldforsaleMortgagesUnpaidPrincipal
33448000 USD
CY2017Q4 two Residential Loans Heldforsale Mortgages Unpaid Principal
ResidentialLoansHeldforsaleMortgagesUnpaidPrincipal
37632000 USD
CY2018Q3 two Residential Loans Heldforsale Mortgages Fair Value Adjustment
ResidentialLoansHeldforsaleMortgagesFairValueAdjustment
-5911000 USD
CY2017Q4 two Residential Loans Heldforsale Mortgages Fair Value Adjustment
ResidentialLoansHeldforsaleMortgagesFairValueAdjustment
-7218000 USD
CY2018Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
27537000 USD
CY2017Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
30414000 USD
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
888632000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
635836000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
422851000 USD
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
888632000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
635836000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1311483000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2018Q3 us-gaap Interest Receivable
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85257000 USD
CY2017Q4 us-gaap Interest Receivable
InterestReceivable
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CY2018Q3 us-gaap Trading Gains Losses
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44394000 USD
CY2017Q3 us-gaap Trading Gains Losses
TradingGainsLosses
-19131000 USD
us-gaap Trading Gains Losses
TradingGainsLosses
239800000 USD
us-gaap Trading Gains Losses
TradingGainsLosses
-133318000 USD
CY2018Q2 invest Derivative Notional Amount
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28618861000 USD
CY2018Q3 two Derivative Notional Amount Additions
DerivativeNotionalAmountAdditions
34758820000 USD
CY2018Q3 two Derivative Notional Amount Settlement Termination Expiration Exercise
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22047398000 USD
CY2018Q3 invest Derivative Notional Amount
DerivativeNotionalAmount
41330283000 USD
CY2018Q3 two Derivative Average Notional Amount
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CY2018Q3 us-gaap Gain Loss On Sale Of Derivatives
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CY2017Q2 invest Derivative Notional Amount
DerivativeNotionalAmount
16988116000 USD
CY2017Q3 two Derivative Notional Amount Additions
DerivativeNotionalAmountAdditions
15562549000 USD
CY2017Q3 two Derivative Notional Amount Settlement Termination Expiration Exercise
DerivativeNotionalAmountSettlementTerminationExpirationExercise
8437344000 USD
CY2017Q3 invest Derivative Notional Amount
DerivativeNotionalAmount
24113321000 USD
CY2017Q3 two Derivative Average Notional Amount
DerivativeAverageNotionalAmount
18317731000 USD
CY2017Q3 us-gaap Gain Loss On Sale Of Derivatives
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13890000 USD
CY2017Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
31226878000 USD
two Derivative Notional Amount Additions
DerivativeNotionalAmountAdditions
81185452000 USD
two Derivative Notional Amount Settlement Termination Expiration Exercise
DerivativeNotionalAmountSettlementTerminationExpirationExercise
71082047000 USD
CY2018Q3 invest Derivative Notional Amount
DerivativeNotionalAmount
41330283000 USD
two Derivative Average Notional Amount
DerivativeAverageNotionalAmount
27181648000 USD
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42171000 USD
CY2016Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
18802500000 USD
two Derivative Notional Amount Additions
DerivativeNotionalAmountAdditions
23266958000 USD
two Derivative Notional Amount Settlement Termination Expiration Exercise
DerivativeNotionalAmountSettlementTerminationExpirationExercise
17956137000 USD
CY2017Q3 invest Derivative Notional Amount
DerivativeNotionalAmount
24113321000 USD
two Derivative Average Notional Amount
DerivativeAverageNotionalAmount
17799927000 USD
us-gaap Gain Loss On Sale Of Derivatives
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31376000 USD
CY2018Q3 us-gaap Servicing Asset At Fair Value Amount
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1700000000 USD
CY2017Q4 us-gaap Servicing Asset At Fair Value Amount
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1100000000 USD
CY2018Q3 us-gaap Derivative Assets
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403200000 USD
CY2018Q3 us-gaap Derivative Liabilities
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CY2018Q3 us-gaap Property Plant And Equipment Gross
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6970000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6776000 USD
CY2018Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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6107000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5550000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
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863000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1226000 USD
CY2018Q3 us-gaap Trading Securities Equity
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0 USD
CY2017Q4 us-gaap Trading Securities Equity
TradingSecuritiesEquity
29413000 USD
CY2018Q3 us-gaap Prepaid Expense Current And Noncurrent
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2592000 USD
CY2017Q4 us-gaap Prepaid Expense Current And Noncurrent
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1755000 USD
CY2018Q3 us-gaap Income Taxes Receivable
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590000 USD
CY2017Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
130000 USD
CY2018Q3 us-gaap Deferred Tax Assets Liabilities Net
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5751000 USD
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
25956000 USD
CY2018Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
26134000 USD
CY2017Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
31050000 USD
CY2018Q3 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
40848000 USD
CY2017Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
53826000 USD
CY2018Q3 us-gaap Cost Method Investments
CostMethodInvestments
6529000 USD
CY2017Q4 us-gaap Cost Method Investments
CostMethodInvestments
3000000 USD
CY2018Q3 us-gaap Other Receivables
OtherReceivables
39121000 USD
CY2017Q4 us-gaap Other Receivables
OtherReceivables
29482000 USD
CY2018Q3 us-gaap Other Assets
OtherAssets
122428000 USD
CY2017Q4 us-gaap Other Assets
OtherAssets
175838000 USD
CY2018Q3 us-gaap Depreciation
Depreciation
200000 USD
us-gaap Depreciation
Depreciation
500000 USD
CY2018Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2400000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2700000 USD
CY2018Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
14979000 USD
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
24737000 USD
CY2018Q3 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
4000 USD
CY2017Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
0 USD
CY2018Q3 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
6141000 USD
CY2017Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
3043000 USD
CY2018Q3 us-gaap Other Liabilities
OtherLiabilities
21124000 USD
CY2017Q4 us-gaap Other Liabilities
OtherLiabilities
27780000 USD
CY2018Q3 two Debt Securities Availableforsale Categorizedas Level2 Assets
DebtSecuritiesAvailableforsaleCategorizedasLevel2Assets
0.998
CY2018Q3 two Debt Securities Availableforsale Categorizedas Level3 Assets
DebtSecuritiesAvailableforsaleCategorizedasLevel3Assets
0.002
CY2018Q3 two Assets Reportedat Fair Value Debt Securities Availableforsale
AssetsReportedatFairValueDebtSecuritiesAvailableforsale
0.925
CY2018Q3 two Mortgage Servicing Rights Categorized As Level3 Assets
MortgageServicingRightsCategorizedAsLevel3Assets
1
CY2018Q3 two Residential Mortgage Loans Heldforsale Categorizedas Level2 Assets
ResidentialMortgageLoansHeldforsaleCategorizedasLevel2Assets
0.017
CY2018Q3 two Residential Mortgage Loans Heldforsale Categorizedas Level3 Assets
ResidentialMortgageLoansHeldforsaleCategorizedasLevel3Assets
0.983
CY2018Q3 two Interest Rate Swaps Swaptions And Credit Default Swaps Categorized As Level2 Assets Liabilities
InterestRateSwapsSwaptionsAndCreditDefaultSwapsCategorizedAsLevel2AssetsLiabilities
1
CY2018Q3 two Short U.S.Treasuryand Inverse Interestonly Securities Categorizedas Level2 Assets
ShortU.S.TreasuryandInverseInterestonlySecuritiesCategorizedasLevel2Assets
1
CY2018Q3 two Agency Tobe Announced Securities Categorizedas Level1 Assets Liabilities
AgencyTobeAnnouncedSecuritiesCategorizedasLevel1AssetsLiabilities
1
CY2018Q3 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
37000 USD
CY2018Q3 us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-251000 USD
CY2017Q3 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
16010000 USD
CY2017Q3 us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-400000 USD
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
7249000 USD
us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-220000 USD
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
40092000 USD
us-gaap Fair Value Option Credit Risk Gains Losses On Assets
FairValueOptionCreditRiskGainsLossesOnAssets
-1281000 USD
CY2018Q3 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
50000000.0 USD
CY2018Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
25938916000 USD
CY2018Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
25938916000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
21220819000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
21220819000 USD
CY2018Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1664024000 USD
CY2018Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1664024000 USD
CY2017Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
1086717000 USD
CY2018Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
27537000 USD
CY2018Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
27537000 USD
CY2017Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
30414000 USD
CY2017Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
30414000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
422851000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
422851000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
419159000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
419159000 USD
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
888632000 USD
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
888632000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
635836000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
635836000 USD
CY2018Q3 us-gaap Derivative Assets
DerivativeAssets
403231000 USD
CY2018Q3 us-gaap Derivative Assets
DerivativeAssets
403231000 USD
CY2017Q4 us-gaap Derivative Assets
DerivativeAssets
309918000 USD
CY2017Q4 us-gaap Derivative Assets
DerivativeAssets
309918000 USD
CY2018Q3 us-gaap Securities For Reverse Repurchase Agreements
SecuritiesForReverseRepurchaseAgreements
759375000 USD
CY2018Q3 us-gaap Securities For Reverse Repurchase Agreements
SecuritiesForReverseRepurchaseAgreements
759375000 USD
CY2017Q4 us-gaap Securities For Reverse Repurchase Agreements
SecuritiesForReverseRepurchaseAgreements
0 USD
CY2017Q4 us-gaap Securities For Reverse Repurchase Agreements
SecuritiesForReverseRepurchaseAgreements
0 USD
CY2018Q3 us-gaap Trading Securities Equity
TradingSecuritiesEquity
0 USD
CY2018Q3 us-gaap Trading Securities Equity
TradingSecuritiesEquity
0 USD
CY2017Q4 us-gaap Trading Securities Equity
TradingSecuritiesEquity
29413000 USD
CY2017Q4 us-gaap Trading Securities Equity
TradingSecuritiesEquity
29413000 USD
CY2018Q3 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
40848000 USD
CY2018Q3 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
40848000 USD
CY2017Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
53826000 USD
CY2017Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
53826000 USD
CY2018Q3 us-gaap Cost Method Investments
CostMethodInvestments
6529000 USD
CY2018Q3 us-gaap Cost Method Investments
CostMethodInvestments
6529000 USD
CY2017Q4 us-gaap Cost Method Investments
CostMethodInvestments
3000000 USD
CY2017Q4 us-gaap Cost Method Investments
CostMethodInvestments
3000000 USD
CY2018Q3 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
23806631000 USD
CY2018Q3 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
23806631000 USD
CY2017Q4 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
19451207000 USD
CY2017Q4 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
19451207000 USD
CY2018Q3 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
865024000 USD
CY2018Q3 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
865024000 USD
CY2017Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
1215024000 USD
CY2017Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
1215024000 USD
CY2018Q3 two Revolving Credit Facilities
RevolvingCreditFacilities
310000000 USD
CY2018Q3 two Revolving Credit Facilities
RevolvingCreditFacilities
310000000 USD
CY2017Q4 two Revolving Credit Facilities
RevolvingCreditFacilities
20000000 USD
CY2017Q4 two Revolving Credit Facilities
RevolvingCreditFacilities
20000000 USD
CY2018Q3 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
283555000 USD
CY2018Q3 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
296312000 USD
CY2017Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
282827000 USD
CY2017Q4 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
306351000 USD
CY2018Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
797504000 USD
CY2017Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
31903000 USD
CY2017Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
31903000 USD
CY2018Q3 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
23800000000 USD
CY2017Q4 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
19500000000 USD
CY2018Q3 us-gaap Assets Sold Under Agreements To Repurchase Interest Rate
AssetsSoldUnderAgreementsToRepurchaseInterestRate
0.0245
CY2017Q4 us-gaap Assets Sold Under Agreements To Repurchase Interest Rate
AssetsSoldUnderAgreementsToRepurchaseInterestRate
0.0169
us-gaap Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1
P92D
CY2017 us-gaap Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1
P83D
CY2018Q3 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
23806631000 USD
CY2017Q4 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
19451207000 USD
CY2018Q3 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
23806631000 USD
CY2018Q3 us-gaap Assets Sold Under Agreements To Repurchase Interest Rate
AssetsSoldUnderAgreementsToRepurchaseInterestRate
0.0245
CY2017Q4 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
19451207000 USD
CY2017Q4 us-gaap Assets Sold Under Agreements To Repurchase Interest Rate
AssetsSoldUnderAgreementsToRepurchaseInterestRate
0.0169
CY2018Q3 us-gaap Assets Sold Under Agreements To Repurchase Market Value
AssetsSoldUnderAgreementsToRepurchaseMarketValue
26215025000 USD
CY2017Q4 us-gaap Assets Sold Under Agreements To Repurchase Market Value
AssetsSoldUnderAgreementsToRepurchaseMarketValue
21501250000 USD
CY2018Q3 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
23806631000 USD
CY2018Q3 us-gaap Repurchase Agreement Counterparty Amount At Risk
RepurchaseAgreementCounterpartyAmountAtRisk
1906556000 USD
CY2017Q4 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
19451207000 USD
CY2017Q4 us-gaap Repurchase Agreement Counterparty Amount At Risk
RepurchaseAgreementCounterpartyAmountAtRisk
1743123000 USD
CY2018Q3 us-gaap Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
421100000 USD
CY2018Q3 two Maximum Percentof Advances From Federal Home Loan Banksto Total Assets
MaximumPercentofAdvancesFromFederalHomeLoanBankstoTotalAssets
0.40
CY2018Q3 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
865024000 USD
CY2017Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
1215024000 USD
CY2018Q3 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1
913608000 USD
CY2017Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1
1273674000 USD
CY2018Q3 two Revolving Credit Facilities
RevolvingCreditFacilities
310000000.0 USD
CY2017Q4 two Revolving Credit Facilities
RevolvingCreditFacilities
20000000.0 USD
CY2018Q3 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0536
CY2017Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0514
us-gaap Line Of Credit Facility Expiration Period
LineOfCreditFacilityExpirationPeriod
P4Y5M8D
CY2017 us-gaap Line Of Credit Facility Expiration Period
LineOfCreditFacilityExpirationPeriod
P0Y11M15D
CY2018Q3 two Revolving Credit Facilities
RevolvingCreditFacilities
310000000 USD
CY2017Q4 two Revolving Credit Facilities
RevolvingCreditFacilities
20000000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
282200000 USD
CY2018Q3 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
283600000 USD
CY2017Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
282800000 USD
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
900000000 shares
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
450000000 shares
CY2018Q3 two Aggregate Cash Consideration Exchangedfor Sharesof Cys Common Stock
AggregateCashConsiderationExchangedforSharesofCYSCommonStock
15000000.0 USD
CY2018Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
248078170 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1593701 shares
CY2017Q4 two Distributionof Special Dividend Shares
DistributionofSpecialDividendShares
33100000 shares
CY2017Q3 us-gaap Investment Income Net
InvestmentIncomeNet
-4220000 USD
CY2017Q4 two Distributionof Special Dividend Shares
DistributionofSpecialDividendShares
33100000 shares
CY2018Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
3750000 shares
CY2018Q3 two Stock Issued And Outstanding Shares Dividend Reinvestment Plan
StockIssuedAndOutstandingSharesDividendReinvestmentPlan
220301 shares
CY2018Q3 two Stock Issued And Outstanding Value Dividend Reinvestment Plan
StockIssuedAndOutstandingValueDividendReinvestmentPlan
4300000 USD
CY2018Q3 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
8692 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
21160 shares
CY2018Q3 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
100000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
300000 USD
CY2017Q3 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
6469 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
19688 shares
CY2017Q3 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
100000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
400000 USD
CY2018Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
37500000 shares
CY2018Q3 two Stock Repurchase Program Numberof Shares Repurchasedand Retiredto Date
StockRepurchaseProgramNumberofSharesRepurchasedandRetiredtoDate
12067500 shares
CY2018Q3 two Stock Repurchase Program Valueof Shares Repurchasedand Retiredto Date
StockRepurchaseProgramValueofSharesRepurchasedandRetiredtoDate
200400000 USD
CY2018Q3 two At Market Offering Number Of Shares Authorized To Be Sold
AtMarketOfferingNumberOfSharesAuthorizedToBeSold
10000000 shares
CY2018Q3 two Stock Issued And Outstanding Shares At Market Offering
StockIssuedAndOutstandingSharesAtMarketOffering
3792935 shares
CY2018Q3 two Stock Issued And Outstanding Value At Market Offering
StockIssuedAndOutstandingValueAtMarketOffering
77600000 USD
CY2018Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
522365000 USD
CY2017Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
475694000 USD
CY2018Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
677094000 USD
CY2017Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
140881000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-154729000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
334813000 USD
CY2018Q3 us-gaap Investment Income Net
InvestmentIncomeNet
-30463000 USD
CY2017Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
19.50
CY2017 us-gaap Sale Of Stock Consideration Received Per Transaction
SaleOfStockConsiderationReceivedPerTransaction
195000000.0 USD
us-gaap Investment Income Net
InvestmentIncomeNet
53017000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
-7815000 USD
CY2017Q2 us-gaap Investment Owned Balance Shares
InvestmentOwnedBalanceShares
33100000 shares
CY2017Q2 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
0.765
CY2017 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
10000000 shares
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018Q3 two Percentof Reit Taxable Incometo Distribute
PercentofREITTaxableIncometoDistribute
1
CY2017 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
181900000 USD
CY2017 two Saleof Stock Issuance Costs Incurredon Transaction
SaleofStockIssuanceCostsIncurredonTransaction
13100000 USD
CY2017Q4 two Distributionof Special Dividend Shares
DistributionofSpecialDividendShares
33100000 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
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CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
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CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
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CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
17.10
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.96
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
671845 shares
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17.60
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
17.12
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
17.90
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
14115 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
15.59
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
22789 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
17.90
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1593701 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
15.81
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1323443 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
16.95
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3400000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9800000 USD
CY2017Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3500000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11700000 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
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DeferredFederalIncomeTaxExpenseBenefit
17500000 USD
CY2018Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1593701 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1325308 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1616362 shares
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37400000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35100000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5300000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-21100000 USD
CY2018Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2400000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2700000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
35946000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
93220000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
510245000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
146212000 USD
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
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IncomeLossFromDiscontinuedOperationsNetOfTax
11518000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
39169000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
35946000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
510245000 USD
us-gaap Profit Loss
ProfitLoss
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IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 USD
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IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
2674000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
2714000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
35946000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
102064000 USD
us-gaap Net Income Loss
NetIncomeLoss
510245000 USD
us-gaap Net Income Loss
NetIncomeLoss
182667000 USD
CY2018Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
18951000 USD
CY2017Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8888000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
46445000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
13173000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16995000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
93176000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
463800000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
169494000 USD
CY2018Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
CY2017Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
4727000 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
14151000 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
two Weighted Average Numberof Shares Outstanding
WeightedAverageNumberofSharesOutstanding
190229850 shares
two Weighted Average Numberof Shares Outstanding
WeightedAverageNumberofSharesOutstanding
173022717 shares
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
16995000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
97903000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
477951000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
169494000 USD
CY2018Q3 two Weighted Average Numberof Shares Outstanding
WeightedAverageNumberofSharesOutstanding
222805735 shares
CY2017Q3 two Weighted Average Numberof Shares Outstanding
WeightedAverageNumberofSharesOutstanding
173162988 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1392515 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
224399436 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
174488296 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
191846212 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
174415232 shares
CY2018Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
14419060 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
17760934 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
224399436 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
188907356 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
209607146 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
174415232 shares
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.08
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.48
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.42
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.76
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.05
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.21
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.08
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.47
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.28
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.76
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.05
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.21
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
CY2018Q3 two Antidilutive Securities Excludedfrom Computationof Earnings Per Share Interest Expense
AntidilutiveSecuritiesExcludedfromComputationofEarningsPerShareInterestExpense
4800000 USD
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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17847425 shares
two Antidilutive Securities Excludedfrom Computationof Earnings Per Share Interest Expense
AntidilutiveSecuritiesExcludedfromComputationofEarningsPerShareInterestExpense
13100000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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13447072 shares
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3400000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9800000 USD
CY2017Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3500000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11700000 USD

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