In millions, except per share items | Dec-31-21 | Dec-31-20 |
| 10-K | 10-K |
Net interest income | | |
Interest income | 55.8 | 39.0 |
Interest expense | -29.8 | -21.3 |
Total net interest income | 26.1 | 17.7 |
|
Other income (loss) | | |
Change in net assets related to consolidated CMBS variable interest entities | | |
|
Reversal of (provision for) credit losses, net | | |
Other income | 0.8 | 0.4 |
|
Gain on deconsolidation of real estate owned | | |
Total other income (loss) | 71.3 | 25.8 |
|
Operating expenses | | |
General and administrative expenses | 6.4 | 3.4 |
Loan servicing fees | 5.2 | 4.3 |
Management fees | 2.3 | 1.6 |
Total operating expenses | 13.8 | 9.2 |
Net income | 83.5 | 34.2 |
Net (income) attributable to preferred shareholders | -3.5 | -1.7 |
|
Net (income) loss attributable to redeemable noncontrolling interests | | |
Net income attributable to common stockholders | 39.6 | 11.1 |
|
Weighted-average common shares outstanding (in shares) | 6.6 | 5.2 |
Weighted-average common shares outstanding - diluted (in shares) | 10.2 | 18.6 |
|
Earnings per share outstanding - basic (in dollars per share) | $6.00 | $2.13 |
Earnings per share outstanding - diluted (in dollars per share) | $3.93 | $1.74 |
|
Dividends declared per common share (in dollars per share) | $1.90 | $1.42 |