The following is a presentation of selected unaudited results of operations:



	Quarter Ended
	March 31, 2017			June 30, 2017			September 30, 2017			December 31, 2017
Net Interest Income
Interest income	$	28,430		$	30,055		$	30,928		$	34,878
Interest expense	8,737			10,407			12,363			16,866
Net Interest Income	19,693			19,648			18,565			18,012

Other Income (Loss)
Realized gain (loss) on sale of investments, net	21,258			(2,488		)	1,830			(2		)
Other than temporary impairment	(6,097		)	(6,579		)	(7,225		)	(2,972		)
Unrealized gain (loss), net	(5,140		)	35,017			5,249			(6,730		)
Gain (loss) on derivative instruments, net	(4,697		)	(18,555		)	7,217			19,327
Other, net	403			222			216			190
Other Income (Loss)	5,727			7,617			7,287			9,813

Expenses
Management fee to affiliate	2,476			1,830			1,853			1,941
Other operating expenses	417			736			702			564
General and administrative expenses:
Compensation expense	740			664			660			628
Professional fees	888			832			781			741
Other general and administrative expenses	345			404			244			332
Total general and administrative expenses	1,973			1,900			1,685			1,701
Total Expenses	4,866			4,466			4,240			4,206

Income (loss) before income taxes	20,554			22,799			21,612			23,619
Income tax provision (benefit)	312			2,115			(1,155		)	2,215
Net income (loss)	$	20,242		$	20,684		$	22,767		$	21,404

Net income (loss) per Common Share—Basic	$	0.48		$	0.49		$	0.54		$	0.51
Net income (loss) per Common Share—Diluted	$	0.48		$	0.49		$	0.54		$	0.51



	Quarter Ended
	March 31, 2016			June 30, 2016			September 30, 2016			December 31, 2016
Net Interest Income:
Interest income	$	29,618		$	29,220		$	29,154		$	35,764
Interest expense	7,979			7,727			7,685			9,039
Net Interest Income	21,639			21,493			21,469			26,725

Other Income (Loss):
Realized gain (loss) on sale of investments, net	(6,055		)	(352		)	1,439			(17,023		)
Other than temporary impairment	(10,797		)	(6,356		)	(4,978		)	(10,155		)
Unrealized gain (loss), net	10,769			21,510			15,292			(64,678		)
Gain (loss) on derivative instruments, net	(45,170		)	(14,165		)	6,121			32,479
Other, net	(332		)	234			(60		)	338
Other Income (Loss)	(51,585		)	871			17,814			(59,039		)

Expenses:
Management fee to affiliate	2,753			2,588			2,604			2,503
Other operating expenses	438			183			188			236
General and administrative expenses:
Compensation expense	737			649			868			768
Professional fees	2,002			1,222			723			867
Other general and administrative expenses	428			419			379			691
Total general and administrative expenses	3,167			2,290			1,970			2,326
Total Expenses	6,358			5,061			4,762			5,065

Income (loss) before income taxes	(36,304		)	17,303			34,521			(37,379		)
Income tax provision (benefit)	—			—			2,239			917
Net income (loss)	$	(36,304	)	$	17,303		$	32,282		$	(38,296	)

Net income (loss) per Common Share—Basic	$	(0.88	)	$	0.41		$	0.77		$	(0.92	)
Net income (loss) per Common Share—Diluted	$	(0.88	)	$	0.41		$	0.77		$	(0.92	)