CAPSTEAD MORTGAGE CORP
CIK:0000766701|SEC Filings
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2021 |
Jun. 30, 2020 |
Jun. 30, 2021 |
Jun. 30, 2020 |
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| Interest income | ||||||
| Residential mortgage investments | $ 20,776 | $ 48,111 | $ 46,941 | $ 117,318 | ||
| Other | 12 | 28 | 25 | 431 | ||
| Interest income | 20,788 | 48,139 | 46,966 | 117,749 | ||
| Interest expense | ||||||
| Secured borrowings | (2,826) | (13,039) | (6,998) | (58,295) | ||
| Unsecured borrowings | (1,900) | (1,900) | (3,791) | (3,800) | ||
| Interest expense | (4,726) | (14,939) | (10,789) | (62,095) | ||
| Net interest income (expense) | 16,062 | 33,200 | 36,177 | 55,654 | ||
| Other (expense) income | ||||||
| Gain (loss) on derivative instruments (net) | [1] | 2,100 | (6,948) | 4,482 | (162,687) | |
| Loss on sale of investments (net) | (67,820) | |||||
| Compensation-related expense | (1,861) | (2,330) | (3,953) | (4,534) | ||
| Other general and administrative expense | (772) | (1,219) | (2,237) | (2,421) | ||
| Miscellaneous other revenue (expense) | 1 | 2 | (141) | |||
| Operating expenses | (533) | (10,496) | (1,706) | (237,603) | ||
| Net income (loss) | 15,529 | 22,704 | 34,471 | (181,949) | ||
| Less preferred stock dividends | (4,842) | (4,842) | (9,684) | (9,684) | ||
| Net income (loss) to common stockholders | $ 10,687 | $ 17,862 | $ 24,787 | $ (191,633) | ||
| Net income (loss) per common share | ||||||
| Basic and diluted | $ 0.11 | $ 0.19 | $ 0.26 | $ (2.01) | ||
| Weighted average common shares outstanding: | ||||||
| Basic | 95,995 | 95,655 | 95,945 | 95,276 | ||
| Diluted | 96,454 | 95,887 | 96,342 | 95,276 | ||
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