Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Interest Income:
Agency Securities, net of amortization of premium and fees		$ 27,681	$ 18,558
Total Interest Income		33,341	18,575
Interest expense- repurchase agreements		(2,406)	(2,427)
Interest expense- U.S. Treasury Securities sold short		0	(87)
Net Interest Income		30,935	16,061
Other Income (Loss):
Realized gain on sale of available for sale Agency Securities (reclassified from Other Comprehensive Loss)		0	7,354
Loss on Agency Securities, trading		(254,389)	(62,586)
Loss on short sale of U.S. Treasury Securities		0	(28)
Subtotal		(332,776)	(55,260)
Realized gain (loss) on derivatives	[1]	(102,065)	(27,360)
Unrealized gain on derivatives		346,699	145,980
Subtotal		244,634	118,620
Total Other Income (Loss)		(88,142)	63,360
Expenses:
Management fees		8,140	7,437
Professional fees		620	738
Insurance		200	193
Compensation		1,409	1,676
Other		808	450
Total Expenses		11,177	10,494
Less management fees waived		(1,950)	(2,400)
Total Expenses after fees waived		9,227	8,094
Net Income (Loss)		(66,434)	71,327
Dividends on preferred stock		(2,995)	(2,486)
Net Income (Loss) available (related) to common stockholders		$ (69,429)	$ 68,841
Net Income (Loss) per share available (related) to common stockholders (Note 11):
Basic (in dollars per share)		$ (0.72)	$ 1.04
Diluted (in dollars per share)		(0.72)	1.03
Dividends declared per common share (in dollars per share)		$ 0.30	$ 0.30
Weighted average common shares outstanding:
Basic (in shares)		96,226	65,964
Diluted (in shares)		96,226	67,018
U.S. Treasury Securities
Interest Income:
Interest income, trading		$ 5,641	$ 0
Other Income (Loss):
Loss on U.S. Treasury Securities		(78,387)	0
BUCKLER Subordinated loan
Interest Income:
Interest income, trading		$ 19	$ 17

[1] Interest expense related to our interest rate swap contracts is recorded in realized loss on derivatives on the consolidated statements of operations. For additional information, see financial statement Note 7.