Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Portfolio Income
Interest income	$ 34,579,000	$ 19,235,000	$ 66,890,000	$ 39,701,000
Interest expense	8,763,000	3,330,000	15,478,000	6,649,000
Net interest income	25,816,000	15,905,000	51,412,000	33,052,000
Realized gains (losses) on mortgage-backed securities	3,935,000	10,000	2,585,000	4,253,000
Unrealized gains (losses) on mortgage-backed securities	(17,090,000)	4,262,000	(32,048,000)	8,049,000
(Losses) gains on derivative instruments	(19,442,000)	(11,591,000)	(23,861,000)	(39,181,000)
FHLB stock dividends	0	11,000	0	14,000
Net portfolio income	(6,781,000)	8,597,000	(1,912,000)	6,187,000
Expenses
Management Fees	1,400,000	945,000	2,702,000	1,916,000
Allocated Overhead	388,000	329,000	756,000	626,000
Compensation and related benefits	218,000	214,000	230,000	385,000
Directors fees and liability insurance	232,000	245,000	508,000	527,000
Audit, legal and other professional fees	219,000	215,000	389,000	461,000
Direct REIT operating expenses	265,000	99,000	496,000	239,000
Other administrative	140,000	87,000	200,000	161,000
Total expenses	2,862,000	2,134,000	5,281,000	4,315,000
Net income (loss)	$ (9,643,000)	$ 6,463,000	$ (7,193,000)	$ 1,872,000
Basic and diluted net income (loss) per share
Basic	$ (0.26)	$ 0.29	$ (0.21)	$ 0.08
Diluted	$ (0.26)	$ 0.29	$ (0.21)	$ 0.08
Weighted Average Shares Outstanding
Weighted Average Number Of Basic Shares Outstanding	37,211,362	21,920,573	35,117,364	21,853,949
Weighted Average Number Of Diluted Shares Outstanding	37,211,362	21,920,573	35,117,364	21,853,949
Dividends Declared Per Common Share	$ 0.42	$ 0.42	$ 0.84	$ 0.84