Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table provides a summary of our assets and liabilities that are measured at fair value on a recurring basis at December 31, 2019 and December 31, 2018.

December 31, 2019	(Level 1)		(Level 2)		(Level 3)		Balance
Assets at Fair Value:
Agency Securities	$	—	$	11,941,766	$	—	$	11,941,766
Credit Risk and Non-Agency Securities	$	—	$	883,601	$	—	$	883,601
Derivatives	$	—	$	24,751	$	—	$	24,751
Liabilities at Fair Value:
Derivatives	$	—	$	71,974	$	—	$	71,974
December 31, 2018	(Level 1)		(Level 2)		(Level 3)		Balance
Assets at Fair Value:
Agency Securities	$	—	$	7,051,954	$	—	$	7,051,954
Credit Risk and Non-Agency Securities	$	—	$	819,915	$	—	$	819,915
Interest-Only Securities	$	—	$	20,623	$	—	$	20,623
U.S. Treasury Securities	$	98,646	$	—	$	—	$	98,646
Derivatives	$	—	$	111,913	$	—	$	111,913
Liabilities at Fair Value:
Derivatives	$	—	$	24,505	$	—	$	24,505