XML 51 R41.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Business Combination (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2016
Business Combinations [Abstract] |
Schedule of Business Acquisitions | The bargain purchase gain was computed as follows:
Consideration Paid: | $ (in thousands)
| Cash | $ | 220,159 |
| Common stock issued | 218,397 |
| Preferred stock assumed | 172,500 |
| Total consideration paid | $ | 611,056 |
Assets acquired: |
| Cash and cash equivalents | 399,402 |
| Restricted cash | 10,552 |
| Investments | 1,491,484 |
| Other assets | 34,822 |
Liabilities assumed: |
| Borrowings under repurchase agreements | (1,254,518 | )
| Other liabilities | (30,665 | )
| Net assets acquired | 651,077 |
| Bargain purchase gain | $ | 40,021 |
The following table provides the pro forma consolidated operational data as if the Merger had occurred on January 1, 2016:
|  |  | Nine Months Ended
(in thousands, except per share data) |  | September 30, 2016
Total revenue |  |  | $ | 280,230 |
Net income attributable to common shareholders | 40,161 |
Common shares outstanding at September 30, 2016 | 80,826,566 |
Net income per common share, basic and diluted |  |  | $ | 0.50 |

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1486-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
Name: | us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration