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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets:    
Cash and cash equivalents $ 48,024 $ 46,172
Residential Whole-Loans, at fair value ($237,423 and $192,136 pledged as collateral, at fair value, respectively) 237,423 192,136
Residential Bridge Loans ($64,526 and $0 at fair value and $106,673 and $0 pledged as collateral, respectively) 106,673 0
Securitized commercial loan, at fair value 24,876 24,225
Investment related receivable 7,665 33,600
Accrued interest receivable 13,603 18,812
Due from counterparties 86,930 243,585
Derivative assets, at fair value 728 20,571
Other assets 2,161 398
Total Assets 3,886,906 3,156,016
Liabilities:    
Borrowings under repurchase agreements, net 3,251,686 2,155,644
Convertible senior unsecured notes, net 108,743 0
Securitized debt, at fair value 10,945 10,659
Accrued interest payable 8,322 16,041
Investment related payables 17,217 341,458
Due to counterparties 1,490 740
Derivative liability, at fair value 4,346 182,158
Accounts payable and accrued expenses 3,118 3,255
Payable to affiliate 2,041 2,584
Dividend payable 12,960 12,995
Total Liabilities 3,420,868 2,725,534
Commitments and contingencies
Stockholders' Equity:    
Common stock, $0.01 par value, 500,000,000 shares authorized, and 41,794,079 and 41,919,801 outstanding, respectively 419 419
Preferred stock, $0.01 par value, 100,000,000 shares authorized and no shares outstanding 0 0
Treasury stock, at cost 125,722 and 0 shares held, respectively (1,232) 0
Additional paid-in capital 768,763 765,042
Retained earnings (accumulated deficit) (301,912) (334,979)
Total Stockholders' Equity 466,038 430,482
Total Liabilities and Stockholders' Equity 3,886,906 3,156,016
Subtotal Agency MBS    
Assets:    
Mortgage-backed securities and other securities, at fair value 2,858,600 1,841,594
Non-Agency Mortgage-Backed Securities [Member]    
Assets:    
Mortgage-backed securities and other securities, at fair value 378,158 667,161
Other securities    
Assets:    
Mortgage-backed securities and other securities, at fair value $ 122,065 $ 67,762