Equity (Tables)

9 Months Ended

Sep. 30, 2014

Schedule of dividends declared by the Company (on a per share basis)

The following table presents dividends declared (on a per share basis) for the nine months ended September 30, 2014:

Common Stock			Preferred Stock
				Dividend (1)
Declaration Date	Dividend		Declaration Date	Series A		Series B		Series C

February 12, 2014	$	0.13	February 3, 2014	$	0.515625	$	0.484375	N/A
April 29, 2014	$	0.13	April 29, 2014	$	0.515625	$	0.484375	$	0.5549
July 30, 2014	$	0.13	July 30, 2014	$	0.515625	$	0.484375	$	0.53125

(1)

The dividend declared on February 3, 2014 for the Series A and B preferred stock was for the period December 1, 2013 through February 28, 2014. The dividend declared on April 29, 2014 for the Series A and B preferred stock was for the period March 1, 2014 through May 31, 2014, and for the Series C preferred stock, February 25, 2014 through May 31, 2014. The dividend declared on July 30, 2014 for the Series A, B and C preferred stock was for the period June 1, 2014 through August 31, 2014.

Schedule of reclassifications out of accumulated other comprehensive loss


	Nine Months Ended September 30,
	2014			2013			Statement of Income Caption
Net realized losses on derivatives designated as cash flow hedges:
Interest Rate Swaps	$	(9,614,701	)	$	(10,564,021	)	Interest expense (1)
Net realized gain on sale of available-for-sale investments:
RMBS investment	$	431,476		$	100,000		Other income (2)

(1)

See Note 8 — “Derivative Financial Instruments” for additional details.

(2)

See Note 4 — “Securities” for additional details.