Equity (Tables)

6 Months Ended

Jun. 30, 2015

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 six months ended June 30, 2015:

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

February 11, 2015	$	0.13	February 2, 2015	$	0.515625	$	0.484375	$	0.53125
April 29, 2015	$	0.15	April 29, 2015	$	0.515625	$	0.484375	$	0.53125

(1)

The dividend declared on February 2, 2015 for the Series A, B and C preferred stock was for the period December 1, 2014 through February 28, 2015. The dividend declared on April 29, 2015 for the Series A, B and C preferred stock was for the period March 1, 2015 through May 31, 2015.

Schedule of reclassifications out of accumulated other comprehensive loss

	Six Months Ended June 30,
	2015			2014			Statement of Income Caption
Net realized losses on derivatives designated as cash flow hedges:
Interest Rate Swaps	$	(3,241,500	)	$	(6,555,041	)	Interest expense (1)

Termination of Interest Rate Swaps	$	(4,285,995	)	$	—		Loss on termination of swaps (1)

Net realized gain on sale of available-for-sale investments:
RMBS investment	$	—		$	431,476		Other income (2)

(1)

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

(2)

See Note 4 — “Securities” for additional details.