Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets
Cash	$ 363,212	$ 494,561
Cash collateral posted to counterparties	137,657	129,004
Agency Securities, available for sale, at fair value (including pledged securities of $13,285,441 and $14,370,847)	13,795,986	15,297,529
Receivable for unsettled sales (including pledged securities of $741,531 and $251,251)	752,773	260,598
Derivatives, at fair value	32,609	60,518
Principal payments receivable	398	93
Accrued interest receivable	39,935	41,915
Prepaid and other assets	1,123	1,580
Total Assets	15,123,693	16,285,798
Liabilities:
Repurchase agreements	13,422,795	13,881,921
Cash collateral posted by counterparties	162	48,240
Payable for unsettled purchases	0	445,292
Derivatives, at fair value	107,954	137,393
Accrued interest payable	5,050	7,012
Accounts payable and other accrued expenses	938	16,649
Total Liabilities	$ 13,536,899	$ 14,536,507
Commitments and contingencies
Preferred stock, $0.001 par value, 50,000 shares authorized;
Common stock, $0.001 par value, 1,000,000 shares authorized, 350,271 and 353,159 shares issued and outstanding at June 30, 2015 and December 31, 2014	$ 350	$ 353
Additional paid-in capital	2,708,630	2,717,545
Accumulated deficit	(1,072,984)	(1,052,969)
Accumulated other comprehensive income (loss)	(49,210)	84,354
Total Stockholders’ Equity	1,586,794	1,749,291
Total Liabilities and Stockholders’ Equity	15,123,693	16,285,798
Series A Preferred Stock
Preferred stock, $0.001 par value, 50,000 shares authorized;
Preferred Stock, Value, Issued	2	2
Total Stockholders’ Equity	2	2
Series B Preferred Stock
Preferred stock, $0.001 par value, 50,000 shares authorized;
Preferred Stock, Value, Issued	6	6
Total Stockholders’ Equity	$ 6	$ 6