CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Interest income
Other	$ 183	$ 62	$ 419	$ 103
Total interest income	32,864	28,835	93,779	90,639
Interest expense
Total interest expense	22,526	13,968	58,275	36,562
Net interest income	10,338	14,867	35,504	54,077
Investment (loss) gain, net
(Loss) gain on trading investments, net	(37,878)	13,996	(147,113)	25,632
Gain (loss) from derivative instruments, net	35,620	(572)	91,826	(29,945)
Other, net	1	(56)	375	(51)
Total investment (loss) gain, net	(2,257)	13,368	(54,912)	(4,364)
General and administrative expenses
Compensation and benefits	2,833	3,449	7,934	9,698
Other general and administrative expenses	1,121	1,095	3,778	3,925
Total general and administrative expenses	3,954	4,544	11,712	13,623
Income (loss) before income taxes	4,127	23,691	(31,120)	36,090
Income tax provision	9,628	823	34,372	25,896
Net (loss) income	(5,501)	22,868	(65,492)	10,194
Dividend on preferred stock	(151)	(83)	(437)	(118)
Net (loss) income (attributable) available to common stock	$ (5,652)	$ 22,785	$ (65,929)	$ 10,076
Basic (loss) earnings per common share	$ (0.19)	$ 0.86	$ (2.31)	$ 0.41
Diluted (loss) earnings per common share	$ (0.19)	$ 0.85	$ (2.31)	$ 0.40
Weighted-average common shares outstanding (in thousands)
Basic	29,382	26,377	28,601	24,793
Diluted	29,382	26,856	28,601	25,143
Unsecured Debt
Interest expense
Long-term debt	$ 1,261	$ 1,220	$ 3,749	$ 3,641
Secured Debt
Interest expense
Short-term debt	21,265	12,748	54,526	32,921
Agency MBS
Interest income
Mortgage-backed securities	32,679	28,771	93,344	90,454
Private-Label MBS
Interest income
Mortgage-backed securities	$ 2	$ 2	$ 16	$ 82