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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Rental revenues $ 52,625  
Rental revenues   $ 39,765
Total revenues 52,625 39,765
Expenses:    
Residential property operating expenses 18,437 13,855
Property management expenses 3,675 2,937
Depreciation and amortization 22,385 19,190
Acquisition and integration costs 2,211 33
Impairment 1,020 7,575
Mortgage loan servicing costs 387 355
Interest expense 21,510 16,063
Share-based compensation 1,119 (414)
General and administrative 5,766 2,673
Management fees to AAMC 3,575 3,790
Total expenses 80,085 66,057
Net gain (loss) on real estate and mortgage loans 8,777 (1,634)
Operating loss (18,683) (27,926)
Casualty losses (393) 0
Insurance recoveries 527 0
Other income 49 576
Loss before income taxes (18,500) (27,350)
Income tax expense 8 0
Net loss $ (18,508) $ (27,350)
Loss per share of common stock - basic:    
Loss per basic share (usd per share) $ (0.35) $ (0.51)
Weighted average common stock outstanding – basic (in shares) 53,630,204 53,454,063
Loss per share of common stock - diluted:    
Loss per diluted share (usd per share) $ (0.35) $ (0.51)
Weighted average common stock outstanding – diluted (in shares) 53,630,204 53,454,063
Dividends declared per common share (usd per share) $ 0.15 $ 0.15