Statement of Operations (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2013
Net Interest Income:
Interest income	$ 32,742	$ 66,492
Interest expense	4,522	9,703
Net Interest Income	28,220	56,789
Other Income (Loss):
Interest income on cash balances and other income	12	45
Realized gain (loss) on sale of Residential mortgage-backed securities and other securities, net	(6,083)	(17,743)
Other loss on Residential mortgage-backed securities	(3,533)	(5,801)
Unrealized gain (loss) on Residential mortgage-backed securities and other securities, net	(156,286)	(211,045)
Gain on linked transactions, net	3,909	4,505
Gain (loss) on derivative instruments, net	109,474	124,314
Other Income (Loss), net	(52,507)	(105,725)
Operating Expenses:
General and administrative (includes $251, $537 and $54 non-cash stock based compensation, respectively)	1,541	3,278
Management fee - related party	1,826	3,939
Total Operating Expenses	3,367	7,217
Net income (loss) to Common Stock and participating securities	$ (27,654)	$ (56,153)
Net income (loss) per Common Share - Basic (in dollars per share)	$ (1.14)	$ (2.32)
Net income (loss) per Common Share - Diluted (in dollars per share)	$ (1.14)	$ (2.32)
Dividends Declared per Share of Common Stock (in dollars per share)	$ 1.85	$ 1.85