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Consolidated Balance Sheets - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Mortgage-backed securities, at fair value    
Pledged to counterparties $ 1,975,217,000 $ 1,517,304,000
Unpledged 142,392,000 31,867,000
Total mortgage-backed securities 2,117,609,000 1,549,171,000
Cash and cash equivalents 67,102,000 93,137,000
Restricted cash 11,234,000 7,790,000
Accrued interest receivable 8,308,000 6,211,000
Derivative asset, at fair value 0 1,217,000
Receivable for securities sold 87,558,000  
Other assets 1,319,000 282,000
Total Assets 2,293,130,000 1,657,808,000
Liabilities    
Repurchase agreements 1,943,299,000 1,436,651,000
Accrued interest payable 452,000 628,000
Due to affiliates 419,000 330,000
Payable for unsettled securities purchased 92,325,000 0
Other Liabilities 766,000 2,121,000
Total Liabilities 2,037,261,000 1,439,730,000
Stockholders' Equity    
Preferred stock, $0.01 par value 0 0
Common Stock, $0.01 par value 219,000 167,000
Additional paid in capital 261,896,000 217,419,000
Accumulated deficit (6,246,000) 492,000
Total Stockholders Equity 255,869,000 218,078,000
Total Liabilities and Stockholders Equity $ 2,293,130,000 $ 1,657,808,000