MTGE INVESTMENT CORP. (MTGE) financial statements (2021 and earlier)

Company profile

Business Address 2 BETHESDA METRO CENTER
BETHESDA, MD 20814
State of Incorp. MD
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments124124169203206157
Cash and cash equivalents124124169203206157
Prepaid expense21777
Other undisclosed current assets(107)     
Total current assets:19125176211213157
Noncurrent Assets
Property, plant and equipment24087 34 
Intangible assets, net (including goodwill), including:6651517
Goodwill6  1517 
Intangible assets, net (excluding goodwill)  5   
Other undisclosed intangible assets, net (including goodwill) 6  
Other undisclosed noncurrent assets5,688     
Total noncurrent assets:5,9349351821 
Other undisclosed assets 4,5795,3016,8038,1647,539
TOTAL ASSETS:5,9534,7975,4827,0318,3987,696
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1375770 
Accrued liabilities  03  
Taxes payable    1 
Interest and dividends payable13755  
Other undisclosed accounts payable and accrued liabilities    69 
Debt   5,424  
Due to related parties2222  
Total current liabilities:14965,43370 
Noncurrent Liabilities
Other undisclosed liabilities4,9333,8554,4854227,2256,771
Total liabilities:4,9473,8644,4915,8557,2956,771
Stockholders' equity
Stockholders' equity attributable to parent1,0059339911,1761,103926
Preferred stock53535353  
Common stock000110
Additional paid in capital1,1231,1221,1471,1991,202772
Retained earnings (accumulated deficit)(171)(243)(209)(76)(100)153
Stockholders' equity attributable to noncontrolling interest10    
Total stockholders' equity:1,0069339911,1761,103926
TOTAL LIABILITIES AND EQUITY:5,9534,7975,4827,0318,3987,696

Income statement (P&L) ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues422498400
Net investment income1100  
Other operating income   463 
Financial services revenue321493800
Cost of revenue(19)(5)(10)(23)(19)(10)
Cost of goods and services sold(19)(5) (18)(19)(10)
Amortization of mortgage servicing rights (msrs)  (10)(5)  
Gross profit:(15)163961(18)(9)
Operating expenses(21)(24)(25)(25)(33)(15)
Other operating income (expense), net(5)(18)(17)(15)2 
Other expenses(3)(9)(15)(11)2 
Operating income (loss):(41)(25)(4)20(50)(24)
Nonoperating income (expense)70(49)(167)11(39)(33)
Investment income, nonoperating64(49)(167)11(39)(33)
Interest and debt expense(53)(40)(31)(29)(39)(22)
Income (loss) from continuing operations before equity method investments, income taxes:(23)(113)(201)3(128)(79)
Other undisclosed income from continuing operations before income taxes18415716315644330
Income (loss) from continuing operations before income taxes:16144(38)159(84)251
Income tax expense (benefit)10(0)(0)  
Net income (loss):16144(38)159(84)251
Net income (loss) attributable to noncontrolling interest0(0)    
Other undisclosed net loss attributable to parent   (0)(1)(1)
Net income (loss) attributable to parent:16144(38)159(84)250
Preferred stock dividends and other adjustments(4)(4)(4)(3)  
Net income (loss) available to common stockholders, diluted:15739(43)156(84)250

Comprehensive Income ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):16144(38)159(84)251
Comprehensive income (loss):16144(38)159(84)251
Comprehensive income (loss), net of tax, attributable to noncontrolling interest0(0)    
Comprehensive income (loss), net of tax, attributable to parent:16144(38)159(84)251

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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