Subsequent Events (Tables)

3 Months Ended

Mar. 31, 2016

Subsequent Events [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the consideration paid for JAVELIN and the amounts of the assets acquired and liabilities assumed recognized at the acquisition date, as well as the fair value at the acquisition date. The following amounts are preliminary and subject to change (amounts in millions):

Consideration:
Cash	$	85.2
Fair value of consideration transferred	$	85.2
Acquisition related costs (included in professional fees for the quarter ended March 31, 2016)	$	1.5
Recognized amounts of identifiable assets acquired and liabilities assumed
Cash and cash collateral	$	36.6
Agency Securities	440.7
Non-Agency Securities	223.2
Accrued interest receivable	1.4
Prepaid and other assets	5.4
Repurchase agreements	(589.6		)
Derivatives	(17.5		)
Accrued interest payable	(0.9		)
Accounts payable and other accrued expenses	(7.6		)
Total identifiable net assets	$	91.7
Goodwill/(Bargain purchase price)	(6.5		)
Total	$	85.2