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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total Sutherland Asset Management Corporation Equity
Common Stock
Preferred stock
Additional Paid-in-Capital
Retained Earnings (Deficit)
Noncontrolling Interests
Total
Balance at beginning of period at Dec. 31, 2015 $ 441,321 $ 2 $ 125 $ 447,093 $ (5,899) $ 38,892 $ 480,213
Balance at beginning of period (in shares) at Dec. 31, 2015   25,739,847 125        
Increase (Decrease) in Stockholders' Equity              
Dividend declared on common stock ($0.74 and $0.45 per share for the six months ended June 30, 2017 and 2016, respectively) (11,719)       (11,719)   (11,719)
Dividend reinvestment in common stock 1,807 $ 1   1,806     1,807
Dividend reinvestment in common stock (shares)   103,440          
Incentive shares issued 482     482     482
Incentive shares issued (in shares)   27,199          
Dividend declared on preferred stock (8)       (8)   (8)
Dividend declared on OP units           (1,031) (1,031)
Dividend reinvestment in OP units           359 359
Net Income 16,321       16,321 1,440 17,761
Balance at end of period at Jun. 30, 2016 448,204 $ 3 $ 125 449,381 (1,305) 39,660 487,864
Balance at end of period (in shares) at Jun. 30, 2016   25,870,486 125        
Balance at beginning of period at Dec. 31, 2016 513,097 $ 3   513,295 (201) 39,005 552,102
Balance at beginning of period (in shares) at Dec. 31, 2016   30,549,084          
Increase (Decrease) in Stockholders' Equity              
Dividend declared on common stock ($0.74 and $0.45 per share for the six months ended June 30, 2017 and 2016, respectively) (23,181)       (23,181)   (23,181)
Dividend declared on OP units           (1,285) (1,285)
Shares issued in exchange of litigation settlement 4,000     4,000     4,000
Shares issued in exchange of litigation settlement (in shares)   275,862          
Contributions           29 29
Stock-based compensation 436     436     436
Conversion of OP units into common stock 19,713 $ 1   19,712   (19,713)  
Conversion of OP units into common stock (in shares)   1,171,494          
Net Income 19,352       19,352 1,358 20,710
Balance at end of period at Jun. 30, 2017 $ 533,417 $ 4   $ 537,443 $ (4,030) $ 19,394 $ 552,811
Balance at end of period (in shares) at Jun. 30, 2017   31,996,440