This from the earnings press release paraphrased:
We had a core loss in our core portfolio of 239.781 million for the quarter ended 6/30.
But if you make believe we did not have 275.625 million of realized and unrealized losses, writedowns and impairments, we had core earnings of 35.625 million which is 27 cents per share. Wow! We'd be doing great if we didn't have losses.