Core Income for the quarter ended March 31, 2013, was $67.5 million. "Core Income" represents a non-GAAP measure and is defined as net income excluding impairment losses, gains or losses on sales of securities and early termination of derivatives, unrealized gains or losses on derivatives and certain non-recurring expenses. Core Income may differ from GAAP earnings as GAAP earnings include the unrealized gains or losses of the Company's derivative instruments and the gains or losses on Agency Securities.GAAP Earnings
ARMOUR Residential REIT, Inc. Reports 13.8% Annualized ROE From Taxable REIT Income For Q1 2013
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