Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest Income:
Interest Income		$ 48,080	$ 18,220	$ 81,421	$ 36,795
Interest expense		(13,033)	(1,548)	(15,439)	(4,062)
Net Interest Income		35,047	16,672	65,982	32,733
Other Income (Loss):
Realized gain (loss) on sale of available for sale Agency Securities (reclassified from Comprehensive Loss)		(7,501)	0	(7,501)	7,354
Gain (loss) on derivatives, net	[1]	206,272	(96,393)	450,906	22,227
Total Other Loss		(84,234)	(77,210)	(172,376)	(13,850)
Expenses:
Management fees		8,297	7,718	16,437	15,155
Compensation		1,410	1,675	2,819	3,351
Other Operating		1,647	1,343	3,275	2,724
Total Expenses		11,354	10,736	22,531	21,230
Less management fees waived		(1,950)	(2,100)	(3,900)	(4,500)
Total Expenses after fees waived		9,404	8,636	18,631	16,730
Net Income (Loss)		(58,591)	(69,174)	(125,025)	2,153
Dividends on preferred stock		(2,996)	(2,996)	(5,991)	(5,482)
Net Loss related to common stockholders		(61,587)	(72,170)	(131,016)	(3,329)
Reclassification adjustment for realized (gain) loss on sale of available for sale Agency Securities		7,501	0	7,501	(7,354)
Net unrealized gain (loss) on available for sale Agency Securities		(42,151)	7,842	(120,689)	(27,038)
Other Comprehensive income (loss)		(34,650)	7,842	(113,188)	(34,392)
Comprehensive Loss		(93,241)	(61,332)	(238,213)	(32,239)
Comprehensive Loss related to common stockholders		$ (96,237)	$ (64,328)	$ (244,204)	$ (37,721)
Net Loss per share related to common stockholders (Note 11):
Basic (in dollars per share)		$ (0.58)	$ (0.95)	$ (1.29)	$ (0.05)
Diluted (in dollars per share)		(0.58)	(0.95)	(1.29)	(0.05)
Dividends declared per common share (in dollars per share)		$ 0.30	$ 0.30	$ 0.60	$ 0.60
Weighted average common shares outstanding:
Basic (in shares)		106,514	76,064	101,396	71,041
Diluted (in shares)		106,514	76,064	101,396	71,041
Agency Securities
Other Income (Loss):
Gain (loss) on Agency Securities, trading		$ (249,022)	$ 19,183	$ (503,411)	$ (43,403)
U.S. Treasury Securities
Other Income (Loss):
Gain (loss) on Agency Securities, trading		$ (33,983)	$ 0	$ (112,370)	$ (28)

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