CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2022		Dec. 31, 2021
ASSETS
Cash and cash equivalents (includes $560 and $2,118, respectively, from consolidated VIEs)	$ 13,803		$ 20,543
Restricted cash	590		1,132
Sold securities receivable			28,219
MSR financing receivables, at fair value	164,585		125,018
Credit securities, at fair value	115,783		26,222
Loans, at fair value	29,375		29,697
Single-family residential real estate (net of $977 and $299, respectively, of accumulated depreciation)	81,242		60,889
Deposits	3,228		4,549
Other assets (includes $1,413 and $547, respectively, from consolidated VIEs)	15,003		15,287
Total assets	1,074,141		803,036
Liabilities:
Repurchase agreements	429,910		446,624
Purchased Securities Payable	93,081
Long-term unsecured debt	86,302		85,994
Long-term debt secured by single-family properties	56,801		39,178
Other liabilities (includes $265 and $2, respectively, from consolidated VIEs)	11,501		6,605
Total liabilities	859,931		578,909
Commitments and contingencies
Stockholders’ Equity:
Additional paid-in capital	2,024,746		2,030,315
Accumulated deficit	(1,843,790)		(1,842,703)
Total stockholders’ equity	214,210		224,127
Total liabilities and stockholders’ equity	1,074,141		803,036
Variable Interest Entity, Primary Beneficiary
ASSETS
Cash and cash equivalents (includes $560 and $2,118, respectively, from consolidated VIEs)	560		2,118
Restricted cash	1,954	[1]	111	[2]
Loans, at fair value	203,456		7,442
Other assets (includes $1,413 and $547, respectively, from consolidated VIEs)	1,413		547
Liabilities:
Secured debt of consolidated VIEs, at fair value	182,336		508
Other liabilities (includes $265 and $2, respectively, from consolidated VIEs)	265		2
Agency MBS
ASSETS
Agency mortgage-backed securities, at fair value	445,122		483,927
Liabilities:
Repurchase agreements	319,538		425,836
Series B Preferred Stock
Stockholders’ Equity:
Preferred stock	9,001		8,852
Series C Preferred Stock
Stockholders’ Equity:
Preferred stock	23,967		27,356
Common Class A
Stockholders’ Equity:
Common stock	$ 286		$ 307

[1] Restricted cash represents cash collected by the trust that must be used solely to satisfy the liabilities of the VIE in the month following collection.

[2] Restricted cash represents cash collected by the trust that must be used solely to satisfy the liabilities of the VIE in the month following collection.