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Note 19 - Quarterly Financial Data (unaudited) (Details) - Unaudited Quarterly Results (USD $) In Thousands, except Per Share data, unless otherwise specified
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12 Months Ended |
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2011
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| Note 19 - Quarterly Financial Data (unaudited) (Details) - Unaudited Quarterly Results [Line Items] |
|
|
|
| Interest expense |
$ 231,178 |
$ 105,926 |
$ 4,837 |
| Net interest income |
60,549 |
31,422 |
19,454 |
| Other Income: |
|
|
|
| Provision for loan losses |
(1,262) |
(766) |
(1,693) |
| Impairment loss on investment securities |
(225) |
|
(250) |
| Realized gain (loss) on investment securities and related hedges, net |
(10,719) |
6,268 |
5,740 |
| Realized gain on distressed residential mortgage loans held in securitization trusts |
1,600 |
85 |
|
| Unrealized (loss) gain on investment securities and related hedges, net |
5,464 |
(3,947) |
(9,657) |
| Unrealized gain on multi-family loans and debt held in securitization trusts, net |
31,495 |
6,662 |
|
| Total other income |
29,062 |
9,105 |
(3,693) |
| General, administrative and other expenses |
7,916 |
6,417 |
5,073 |
| Income tax expense |
739 |
932 |
433 |
| (Loss) income from discontinued operation - net of tax |
|
14 |
63 |
| Net income (loss) attributable to noncontrolling interest |
|
(97) |
97 |
| Preferred Stock Dividends |
(3,568) |
|
|
| Net income attributable to common stockholders |
65,387 |
28,279 |
4,776 |
| Per share basic income (in Dollars per share) |
$ 1.11 |
$ 1.08 |
$ 0.46 |
| Per share diluted income (in Dollars per share) |
$ 1.11 |
$ 1.08 |
$ 0.46 |
| Weighted average shares outstanding-basic (in Shares) |
59,102 |
26,067 |
10,495 |
| Weighted average shares outstanding-diluted (in Shares) |
59,102 |
26,067 |
10,495 |
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First Quarter [Member]
|
|
|
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| Note 19 - Quarterly Financial Data (unaudited) (Details) - Unaudited Quarterly Results [Line Items] |
|
|
|
| Interest income |
59,129 |
19,091 |
|
| Interest expense |
46,145 |
12,884 |
|
| Net interest income |
12,984 |
6,207 |
|
| Other Income: |
|
|
|
| Provision for loan losses |
(283) |
(230) |
|
| Realized gain (loss) on investment securities and related hedges, net |
(3,162) |
1,057 |
|
| Realized gain on distressed residential mortgage loans |
136 |
|
|
| Unrealized (loss) gain on investment securities and related hedges, net |
2,456 |
(872) |
|
| Unrealized gain on multi-family loans and debt held in securitization trusts, net |
7,051 |
2,023 |
|
| Other Income (loss) |
268 |
375 |
|
| Total other income |
6,466 |
2,353 |
|
| General, administrative and other expenses |
3,936 |
2,661 |
|
| Income from continuing operations before incometaxes |
15,514 |
5,899 |
|
| Income tax expense |
131 |
|
|
| Income from continuing operations |
|
5,899 |
|
| (Loss) income from discontinued operation - net of tax |
|
(9) |
|
| Net income |
15,383 |
5,890 |
|
| Net income (loss) attributable to noncontrolling interest |
|
51 |
|
| Net income attributable to common stockholders |
15,383 |
5,839 |
|
| Per share basic income (in Dollars per share) |
$ 0.31 |
$ 0.42 |
|
| Per share diluted income (in Dollars per share) |
$ 0.31 |
$ 0.42 |
|
| Dividends declared per common share (in Dollars per share) |
$ 0.27 |
$ 0.25 |
|
| Weighted average shares outstanding-basic (in Shares) |
49,611 |
13,998 |
|
| Weighted average shares outstanding-diluted (in Shares) |
49,611 |
13,998 |
|
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Second Quarter [Member]
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|
|
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| Note 19 - Quarterly Financial Data (unaudited) (Details) - Unaudited Quarterly Results [Line Items] |
|
|
|
| Interest income |
68,816 |
24,991 |
|
| Interest expense |
54,917 |
19,150 |
|
| Net interest income |
13,899 |
5,841 |
|
| Other Income: |
|
|
|
| Provision for loan losses |
(384) |
(59) |
|
| Realized gain (loss) on investment securities and related hedges, net |
(8,490) |
(456) |
|
| Realized gain on distressed residential mortgage loans |
435 |
|
|
| Unrealized (loss) gain on investment securities and related hedges, net |
2,057 |
171 |
|
| Unrealized gain on multi-family loans and debt held in securitization trusts, net |
8,981 |
2,204 |
|
| Other Income (loss) |
235 |
358 |
|
| Total other income |
2,834 |
2,218 |
|
| General, administrative and other expenses |
4,644 |
2,645 |
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| Income from continuing operations before incometaxes |
12,089 |
5,414 |
|
| Income tax expense |
189 |
467 |
|
| Income from continuing operations |
|
4,947 |
|
| (Loss) income from discontinued operation - net of tax |
|
42 |
|
| Net income |
11,900 |
4,989 |
|
| Net income (loss) attributable to noncontrolling interest |
|
(148) |
|
| Preferred Stock Dividends |
(662) |
|
|
| Net income attributable to common stockholders |
11,238 |
5,137 |
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| Per share basic income (in Dollars per share) |
$ 0.19 |
$ 0.34 |
|
| Per share diluted income (in Dollars per share) |
$ 0.19 |
$ 0.34 |
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| Dividends declared per common share (in Dollars per share) |
$ 0.27 |
$ 0.27 |
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| Weighted average shares outstanding-basic (in Shares) |
58,959 |
15,262 |
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| Weighted average shares outstanding-diluted (in Shares) |
58,959 |
15,262 |
|
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Third Quarter [Member]
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|
|
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| Note 19 - Quarterly Financial Data (unaudited) (Details) - Unaudited Quarterly Results [Line Items] |
|
|
|
| Interest income |
77,024 |
43,837 |
|
| Interest expense |
61,532 |
35,748 |
|
| Net interest income |
15,492 |
8,089 |
|
| Other Income: |
|
|
|
| Provision for loan losses |
(238) |
(247) |
|
| Impairment loss on investment securities |
(225) |
|
|
| Realized gain (loss) on investment securities and related hedges, net |
3,319 |
5,037 |
|
| Realized gain on distressed residential mortgage loans |
486 |
|
|
| Unrealized (loss) gain on investment securities and related hedges, net |
(1,498) |
(1,875) |
|
| Unrealized gain on multi-family loans and debt held in securitization trusts, net |
6,338 |
762 |
|
| Other Income (loss) |
5 |
(65) |
|
| Total other income |
8,187 |
3,612 |
|
| General, administrative and other expenses |
5,082 |
3,189 |
|
| Income from continuing operations before incometaxes |
18,597 |
8,512 |
|
| Income tax expense |
211 |
598 |
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| Income from continuing operations |
|
7,914 |
|
| (Loss) income from discontinued operation - net of tax |
|
(1) |
|
| Net income |
18,386 |
7,913 |
|
| Preferred Stock Dividends |
(1,453) |
|
|
| Net income attributable to common stockholders |
16,933 |
7,913 |
|
| Per share basic income (in Dollars per share) |
$ 0.27 |
$ 0.30 |
|
| Per share diluted income (in Dollars per share) |
$ 0.27 |
$ 0.30 |
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| Dividends declared per common share (in Dollars per share) |
$ 0.27 |
$ 0.27 |
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| Weighted average shares outstanding-basic (in Shares) |
63,755 |
26,541 |
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| Weighted average shares outstanding-diluted (in Shares) |
63,755 |
26,541 |
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Fourth Quarter [Member]
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|
|
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| Note 19 - Quarterly Financial Data (unaudited) (Details) - Unaudited Quarterly Results [Line Items] |
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|
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| Interest income |
86,758 |
49,429 |
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| Interest expense |
68,584 |
38,144 |
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| Net interest income |
18,174 |
11,285 |
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| Other Income: |
|
|
|
| Provision for loan losses |
(357) |
(230) |
|
| Realized gain (loss) on investment securities and related hedges, net |
(2,386) |
630 |
|
| Realized gain on distressed residential mortgage loans held in securitization trusts |
|
85 |
|
| Realized gain on distressed residential mortgage loans |
543 |
|
|
| Unrealized (loss) gain on investment securities and related hedges, net |
2,449 |
(1,371) |
|
| Unrealized gain on multi-family loans and debt held in securitization trusts, net |
9,125 |
1,673 |
|
| Other Income (loss) |
2,201 |
135 |
|
| Total other income |
11,575 |
922 |
|
| General, administrative and other expenses |
6,255 |
2,932 |
|
| Income from continuing operations before incometaxes |
23,494 |
9,275 |
|
| Income tax expense |
208 |
(133) |
|
| Income from continuing operations |
|
9,408 |
|
| (Loss) income from discontinued operation - net of tax |
|
(18) |
|
| Net income |
23,286 |
9,390 |
|
| Preferred Stock Dividends |
(1,453) |
|
|
| Net income attributable to common stockholders |
$ 21,833 |
$ 9,390 |
|
| Per share basic income (in Dollars per share) |
$ 0.34 |
$ 0.19 |
|
| Per share diluted income (in Dollars per share) |
$ 0.34 |
$ 0.19 |
|
| Dividends declared per common share (in Dollars per share) |
$ 0.27 |
$ 0.27 |
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| Weighted average shares outstanding-basic (in Shares) |
63,875 |
48,219 |
|
| Weighted average shares outstanding-diluted (in Shares) |
63,875 |
48,219 |
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