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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets:    
Agency securities, at fair value (including pledged securities of $69,956 and $92,608, respectively) $ 75,488,000 $ 98,516,000
Agency securities transferred to consolidated variable interest entities, at fair value (pledged securities) 344,000 371,000
Credit risk transfer securities, at fair value (including pledged securities of $479 and $309, respectively) 712,000 976,000
Non-Agency securities, at fair value (including pledged securities of $511 and $0, respectively) 599,000 579,000
U.S. Treasury securities, at fair value (including pledged securities of $1,136 and $97, respectively) 1,181,000 97,000
Cash and cash equivalents 859,000 831,000
Restricted cash 1,306,000 451,000
Derivative assets, at fair value 140,000 190,000
Receivable for investment securities sold (including pledged securities of $480 and $0, respectively) 489,000 0
Receivable under reverse repurchase agreements 7,944,000 10,181,000
Goodwill and other intangible assets, net 526,000 526,000
Other assets 265,000 364,000
Total assets 89,853,000 113,082,000
Liabilities:    
Repurchase Agreements 69,685,000 89,182,000
Debt of consolidated variable interest entities, at fair value 204,000 228,000
Payable for investment securities purchased 1,468,000 2,554,000
Derivative liabilities, at fair value 3,000 6,000
Dividends payable 92,000 104,000
Accounts payable and other liabilities 122,000 424,000
Total liabilities 79,503,000 102,041,000
Stockholders' equity:    
Preferred Stock - aggregate liquidation preference of $1,538 and $963, respectively 1,489,000 932,000
Common stock - $0.01 par value; 1,500 and 900 shares authorized, respectively; 555.5 and 540.9 shares issued and outstanding, respectively 6,000 5,000
Additional paid-in capital 14,191,000 13,893,000
Retained deficit (6,100,000) (3,886,000)
Accumulated other comprehensive income 764,000 97,000
Total stockholders' equity 10,350,000 11,041,000
Total liabilities and stockholders' equity 89,853,000 113,082,000
Security Owned and Pledged as Collateral, Fair Value 72,029,000 92,547,000
Security Owned and Pledged as Collateral, Fair Value 72,029,000 92,547,000
Agency Securities [Member]    
Stockholders' equity:    
Security Owned and Pledged as Collateral, Fair Value 69,956,000 92,608,000
Security Owned and Pledged as Collateral, Fair Value $ 69,956,000 $ 92,608,000