Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Assets:
Cash and cash equivalents	$ 31,331	$ 21,987
Restricted cash	52,948	55,808
Residential Whole-Loans, at fair value ($1,375,860 and $1,041,885 pledged as collateral, at fair value, respectively)	1,375,860	1,041,885
Residential Bridge Loans ($33,269 and $211,999 at fair value and $34,897 and $221,486 pledged as collateral, respectively)	36,419	221,719
Securitized commercial loans, at fair value	909,040	1,013,511
Commercial Loans, at fair value	350,213	196,123
Commercial Loans, at fair value ($350,213 and $196,123 pledged as collateral, at fair value, respectively)	370,213	216,123
Investment related receivable	19,931	42,945
Interest receivable	19,413	21,959
Due from counterparties	98,947	39,623
Derivative assets, at fair value	5,111	2,606
Other assets	4,509	2,488
Total assets	5,160,971	4,497,395
Liabilities:
Repurchase agreements, net	2,824,801	2,818,837
Convertible senior unsecured notes, net	197,299	110,060
Securitized debt, net ($681,643 and $949,626 at fair value and $142,905 and $246,802 held by affiliates, respectively)	1,477,454	949,626
Interest payable (includes $647 and $816 on securitized debt held by affiliates, respectively)	15,001	8,532
Due to counterparties	709	17,781
Derivative liability, at fair value	6,370	10,130
Accounts payable and accrued expenses	3,188	3,858
Payable to affiliate	2,148	4,615
Dividend payable	16,592	14,916
Other liabilities	52,948	56,031
Total liabilities	4,596,510	3,994,386
Commitments and contingencies
Stockholders' Equity:
Common stock, $0.01 par value, 500,000,000 shares authorized, and 53,523,876 and 48,116,379 outstanding, respectively	535	481
Preferred stock, $0.01 par value, 100,000,000 shares authorized and no shares outstanding	0	0
Additional paid-in capital	889,227	833,810
Retained earnings (accumulated deficit)	(325,301)	(331,282)
Total Stockholders' Equity	564,461	503,009
Total Liabilities and Stockholders' Equity	5,160,971	4,497,395
Subtotal Agency MBS
Assets:
Estimated Fair Value	1,795,255	1,505,979
Non-Agency MBS
Assets:
Estimated Fair Value	361,833	250,856
Other securities
Assets:
Estimated Fair Value	80,161	59,906
VIE
Assets:
Cash and cash equivalents	7,589	674
Restricted cash	52,948	55,808
Residential Whole-Loans, at fair value ($1,375,860 and $1,041,885 pledged as collateral, at fair value, respectively)		1,041,885
Residential Bridge Loans ($31,748 and $211,766 at fair value and $34,897 and $221,486 pledged as collateral, respectively)	34,897	221,486
Securitized commercial loans, at fair value	909,040	1,013,511
Commercial Loans, at fair value	90,788	196,123
Investment related receivable		42,945
Interest receivable	10,829	15,540
Other assets	90	178
Total assets	2,501,179	2,588,150
Liabilities:
Securitized debt, net ($681,643 and $949,626 at fair value and $142,905 and $246,802 held by affiliates, respectively)	1,477,454	949,626
Interest payable (includes $647 and $816 on securitized debt held by affiliates, respectively)	3,886	2,419
Accounts payable and accrued expenses	185	708
Other liabilities	52,948	56,033
Total liabilities	1,534,473	1,008,786
Residential Whole-Loan And Residential Bridge Loan \| VIE
Assets:
Cash and cash equivalents	1,811	674
Residential Whole-Loans, at fair value ($1,375,860 and $1,041,885 pledged as collateral, at fair value, respectively)	1,375,860	1,041,885
Residential Bridge Loans ($31,748 and $211,766 at fair value and $34,897 and $221,486 pledged as collateral, respectively)	34,897	221,486
Commercial Loans, at fair value	0	30,000
Investment related receivable	19,138	42,945
Interest receivable	7,840	11,807
Other assets	90	178
Total assets	1,439,636	1,348,975
Liabilities:
Securitized debt, net ($681,643 and $949,626 at fair value and $142,905 and $246,802 held by affiliates, respectively)	795,811	0
Interest payable (includes $647 and $816 on securitized debt held by affiliates, respectively)	2,367	0
Accounts payable and accrued expenses	173	677
Other liabilities	0	225
Total liabilities	$ 798,351	$ 902

Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.

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- Definition

Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.