Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Assets
Cash	$ 209,135	$ 337,664
Cash collateral posted to counterparties	24,598	18,552
Investments in securities, at fair value
Receivable for unsettled sales	427,203	0
Derivatives, at fair value	772,451	199,073
Accrued interest receivable	21,588	10,570
Prepaid and other	3,106	1,094
Subordinated loan to BUCKLER	105,000	105,000
Total Assets	8,856,969	5,277,307
Liabilities:
Repurchase agreements	6,692,547	3,948,037
Cash collateral posted by counterparties	818,846	171,060
Payable for unsettled purchases	358,753	0
Derivatives, at fair value	3,772	10,900
Accrued interest payable- repurchase agreements	5,382	944
Accounts payable and other accrued expenses	5,011	2,727
Total Liabilities	7,884,311	4,133,668
Commitments and contingencies (Note 8)
Stockholders’ Equity:
Common stock, $0.001 par value, 200,000 shares authorized; — shares and 94,152 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively.	111	94
Additional paid-in capital	3,537,598	3,403,127
Cumulative distributions to stockholders	(1,905,211)	(1,837,955)
Accumulated net loss	(653,632)	(528,607)
Accumulated other comprehensive income (loss)	(6,215)	106,973
Total Stockholders’ Equity	972,658	1,143,639
Total Liabilities and Stockholders’ Equity	8,856,969	5,277,307
Agency Securities
Investments in securities, at fair value
Investment securities	6,697,367	4,406,521
U.S. Treasury Securities
Investments in securities, at fair value
Investment securities	596,521	198,833
7.00% Series C
Stockholders’ Equity:
Preferred stock, $0.001 par value, 50,000 shares authorized; 7.00% Series C Cumulative Preferred Stock; 6,847 shares issued and outstanding ($25.00 per share liquidation preference)	$ 7	$ 7