CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Mortgage-backed and credit risk transfer securities, at fair value (including pledged securities of $21,132,742 and $17,082,825, respectively)	$ 21,771,786	$ 17,396,642
Cash and cash equivalents	172,507	135,617
Restricted cash	116,995	0
Due from counterparties	32,568	13,500
Investment related receivable	67,976	66,598
Derivative assets, at fair value	18,533	15,089
Other assets	166,180	186,059
Total assets	22,346,545	17,813,505
Liabilities:
Repurchase agreements	17,532,303	13,602,484
Secured loans	1,650,000	1,650,000
Derivative liabilities, at fair value	352	23,390
Dividends payable	74,841	49,578
Investment related payable	99,561	132,096
Accrued interest payable	43,998	37,620
Collateral held payable	170	18,083
Accounts payable and accrued expenses	1,560	1,694
Due to affiliate	11,861	11,863
Total liabilities	19,414,646	15,526,808
Commitments and contingencies (See Note 15)
Stockholders' equity:
Common Stock, par value $0.01 per share; 450,000,000 shares authorized; 144,256,357 and 111,584,996 shares issued and outstanding, respectively	1,443	1,115
Additional paid in capital	2,892,652	2,383,532
Accumulated other comprehensive income	288,963	220,813
Retained earnings (distributions in excess of earnings)	(814,483)	(882,087)
Total stockholders’ equity	2,931,899	2,286,697
Total liabilities and stockholders' equity	22,346,545	17,813,505
Series A Cumulative Redeemable Preferred Stock
Stockholders' equity:
Preferred Stock, par value $0.01 per share; 50,000,000 shares authorized:	135,356	135,356
Series B Cumulative Redeemable Preferred Stock
Stockholders' equity:
Preferred Stock, par value $0.01 per share; 50,000,000 shares authorized:	149,860	149,860
Series C Cumulative Redeemable Preferred Stock
Stockholders' equity:
Preferred Stock, par value $0.01 per share; 50,000,000 shares authorized:	$ 278,108	$ 278,108