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Consolidated Balance Sheets (USD $)
Dec. 31, 2014
Dec. 31, 2013
Mortgage-backed securities, at fair value    
Pledged to counterparties $ 1,517,304,000orc_MortgageBackedSecuritiesAtFairValuePledgedAsCollateral $ 335,775,000orc_MortgageBackedSecuritiesAtFairValuePledgedAsCollateral
Unpledged 31,867,000orc_MortgageBackedSecuritiesAtFairValueUnpledged 15,448,000orc_MortgageBackedSecuritiesAtFairValueUnpledged
Total mortgage-backed securities 1,549,171,000us-gaap_MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure 351,223,000us-gaap_MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
Cash and cash equivalents 93,137,000us-gaap_CashAndCashEquivalentsAtCarryingValue 8,169,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 7,790,000us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 2,446,000us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Accrued interest receivable 6,211,000us-gaap_InterestReceivable 1,559,000us-gaap_InterestReceivable
Derivative asset, at fair value 1,217,000us-gaap_DerivativeAssets 0us-gaap_DerivativeAssets
Other assets 282,000us-gaap_PrepaidExpenseAndOtherAssets 179,000us-gaap_PrepaidExpenseAndOtherAssets
Total Assets 1,657,808,000us-gaap_Assets 363,576,000us-gaap_Assets
Liabilities    
Repurchase agreements 1,436,651,000us-gaap_SecuritiesSoldUnderAgreementsToRepurchase 318,557,000us-gaap_SecuritiesSoldUnderAgreementsToRepurchase
Accrued interest payable 628,000us-gaap_InterestPayableCurrentAndNoncurrent 91,000us-gaap_InterestPayableCurrentAndNoncurrent
Due to affiliates 330,000us-gaap_DueToRelatedPartiesCurrentAndNoncurrent 82,000us-gaap_DueToRelatedPartiesCurrentAndNoncurrent
Other Liabilities 2,121,000us-gaap_OtherLiabilities 81,000us-gaap_OtherLiabilities
Total Liabilities 1,439,730,000us-gaap_Liabilities 318,811,000us-gaap_Liabilities
Stockholders' Equity    
Preferred stock, $0.01 par value 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common Stock, $0.01 par value 167,000us-gaap_CommonStockValueOutstanding 33,000us-gaap_CommonStockValueOutstanding
Additional paid in capital 217,419,000us-gaap_AdditionalPaidInCapital 46,116,000us-gaap_AdditionalPaidInCapital
Accumulated deficit 492,000us-gaap_RetainedEarningsAccumulatedDeficit (1,384,000)us-gaap_RetainedEarningsAccumulatedDeficit
Total Stockholders Equity 218,078,000us-gaap_StockholdersEquity 44,765,000us-gaap_StockholdersEquity
Total Liabilities and Stockholders Equity $ 1,657,808,000us-gaap_LiabilitiesAndStockholdersEquity $ 363,576,000us-gaap_LiabilitiesAndStockholdersEquity