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Consolidated Balance Sheets - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Mortgage-backed securities, at fair value    
Pledged to counterparties $ 2,404,113,000 $ 2,095,574,000
Unpledged 97,384,000 62,436,000
Total mortgage-backed securities 2,501,497,000 2,158,010,000
Cash and cash equivalents 110,860,000 57,229,000
Restricted cash 16,881,000 12,730,000
Accrued interest receivable 9,527,000 8,490,000
Derivative asset, at fair value 1,097,000 669,000
Receivable for securities sold 27,509,000 0
Other assets 1,100,000 4,709,000
Total Assets 2,668,471,000 2,241,837,000
Liabilities    
Repurchase agreements 2,298,097,000 1,798,813,000
FHLB Advances 0 187,500,000
Payable for unsettled securities purchased 72,343,000 0
Derivative Liabilities 545,000 0
Accrued interest payable 1,873,000 863,000
Due to affiliates 480,000 465,000
Other Liabilities 737,000 941,000
Total Liabilities 2,374,075,000 1,988,582,000
Stockholders' Equity    
Preferred stock, $0.01 par value 0 0
Common Stock, $0.01 par value 263,000 217,000
Additional paid in capital 294,133,000 253,038,000
Accumulated deficit 0 0
Total Stockholders Equity 294,396,000 253,255,000
Total Liabilities and Stockholders Equity $ 2,668,471,000 $ 2,241,837,000