Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Assets
Cash	$ 250,942	$ 181,395
Cash collateral posted to counterparties	16,686	91,771
Investments in securities, at fair value
Agency Securities (including pledged securities of $4,706,610 at September 30, 2020 and $11,188,502 at December 31, 2019)	5,545,765	11,941,766
Credit Risk and Non-Agency Securities (including pledged securities of $810,549 at December 31, 2019)	3,393,168	883,601
Derivatives, at fair value	10,557	24,751
Accrued interest receivable	13,215	35,085
Prepaid and other	2,336	9,051
Subordinated loan to BUCKLER	105,000	105,000
Total Assets	5,944,501	13,272,420
Liabilities:
Repurchase agreements	4,510,795	11,354,547
Cash collateral posted by counterparties	4,100	14,958
Payable for unsettled purchases	518,552	358,712
Derivatives, at fair value	13,388	71,974
Accrued interest payable- repurchase agreements	1,289	31,932
Accounts payable and other accrued expenses	4,108	3,590
Total Liabilities	5,052,232	11,835,713
Commitments and contingencies (Note 9)
Stockholders’ Equity:
Common stock, $0.001 par value, 125,000 shares authorized, 64,730 and 58,877 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively	65	59
Additional paid-in capital	3,025,274	3,054,604
Accumulated deficit	(2,333,272)	(1,973,437)
Accumulated other comprehensive income	200,197	355,473
Total Stockholders’ Equity	892,269	1,436,707
Total Liabilities and Stockholders’ Equity	5,944,501	13,272,420
7.875% Series B Cumulative Preferred Stock; 8,383 shares issued and outstanding ($209,583 aggregate liquidation preference) at December 31, 2019
Stockholders’ Equity:
Preferred stock, $0.001 par value, 50,000 shares authorized;	0	8
7.00% Series C Cumulative Preferred Stock; 5,303 shares issued and outstanding ($132,588 aggregate liquidation preference) at September 30, 2020
Stockholders’ Equity:
Preferred stock, $0.001 par value, 50,000 shares authorized;	5	0
Credit Risk and Non-Agency Securities
Investments in securities, at fair value
Credit Risk and Non-Agency Securities (including pledged securities of $810,549 at December 31, 2019)	$ 0	$ 883,601