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v3.8.0.1

Consolidated Statements of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2018 | Mar. 31, 2017
Interest income | $ 25,190 | $ 22,419
Interest expense | 11,595 | 7,519
Net interest income | 13,595 | 14,900
Gain on derivative instruments, net | 38,354 | 175
Loss on sale of investments, net | (3,775) | (1,708)
Fair value adjustments, net | 29 | 10
Other expense, net | (253) | (46)
General and administrative expenses: |  |
Compensation and benefits | (1,962) | (2,245)
Other general and administrative | (1,681) | (2,035)
Net income | 44,307 | 9,051
Preferred stock dividends | (2,940) | (2,435)
Net income to common shareholders | 41,367 | 6,616
Other comprehensive income: |  |
Unrealized (loss) gain on available-for-sale investments, net | (49,189) | 18,368
Reclassification adjustment for loss on sale of investments, net | 3,775 | 1,708
Reclassification adjustment for de-designated cash flow hedges | (48) | (99)
Total other comprehensive (loss) income | (45,462) | 19,977
Comprehensive (loss) income to common shareholders | $ (4,095) | $ 26,593
Net income per common share-basic and diluted | $ 0.74 | $ 0.13
Weighted average common shares-basic and diluted | 55,871 | 49,176

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- Definition This item represents the difference between the gross realized gains and losses realized on the sale of debt or equity securities categorized neither as held-to-maturity nor trading securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=82896770&loc=d3e26805-111562 + Details
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=84228862&loc=d3e557-108580 + Details
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- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 + Details
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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. + References No definition available. + Details
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