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Variable Interest Entities (Tables)
12 Months Ended
Dec. 31, 2015
Variable Interest Entity [Abstract]  
Changes In Equity From Noncontrolling Interests [Table Text Block]
(in thousands)
Net income attributable to Bimini Capital$7,745
Transfers from the noncontrolling interests
Decrease in Bimini Capital's paid-in capital for the sale of 13,357,991 common shares of Orchid
and the effect of the 24,000 shares of unvested restricted shares of Orchid(622)
Change from net income attributable to Bimini Capital and transfers from noncontrolling interest$7,123
Rollforward Of Noncontrolling Interest [Table Text Block]
(in thousands)
2014
Balance, January 1$31,615
Issuance of common shares of Orchid Island Capital, Inc.171,993
Net income attributed to noncontrolling interest22,127
Amortization of Orchid Island Capital, Inc. equity plan compensation65
Cash dividends paid to noncontrolling interest(20,523)
Deconsolidation of Orchid Island Capital, Inc.(205,277)
Balance, December 31$-
Variable Interest Entity Income Statement [Table Text Block]
(in thousands)
Interest income$31,804
Interest expense(3,031)
Net interest income28,773
Unrealized gains on mortgage-backed securities11,368
Realized gains on mortgage-backed securities2,791
Losses on derivative instruments(13,925)
Net portfolio income29,007
Expenses:
Accrued incentive compensation500
Directors' fees and liability insurance569
Audit, legal and other professional fees588
Direct REIT operating expenses182
Other administrative246
Total expenses2,085
Net income$26,922