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v3.7.0.1

Consolidated Statements of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2017 | Mar. 31, 2016
Interest income | $ 22,419 | $ 25,089
Interest expense | 7,519 | 6,310
Net interest income | 14,900 | 18,779
Gain (loss) on derivative instruments, net | 175 | (48,264)
Loss on sale of investments, net | (1,708) | (3,941)
Fair value adjustments, net | 10 | 24
Other (expense) income, net | (46) | 63
General and administrative expenses: |  |
Compensation and benefits | (2,245) | (2,219)
Other general and administrative | (2,035) | (1,873)
Net income (loss) | 9,051 | (37,431)
Preferred stock dividends | (2,435) | (2,294)
Net income (loss) to common shareholders | 6,616 | (39,725)
Other comprehensive income: |  |
Unrealized gain on available-for-sale investments, net | 18,368 | 37,760
Reclassification adjustment for loss on sale of investments, net | 1,708 | 3,941
Reclassification adjustment for de-designated cash flow hedges | (99) | 27
Total other comprehensive income | 19,977 | 41,728
Comprehensive income to common shareholders | $ 26,593 | $ 2,003
Net income (loss) per common share-basic and diluted | $ 0.13 | $ (0.81)
Weighted average common shares-basic and diluted | 49,176 | 49,041

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