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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Mortgage-backed securities, at fair value    
Pledged to counterparties $ 3,917,425 $ 2,972,290
Unpledged 12,915 49,884
Total mortgage-backed securities 3,930,340 3,022,174
Cash and cash equivalents 161,659 73,475
Restricted cash 19,629 20,950
Accrued interest receivable 15,410 11,512
Derivative Assets 16,871 10,365
Other assets 475 218
Total Assets 4,144,384 3,138,694
Liabilities    
Outstanding repurchase obligations 3,710,077 2,793,705
Dividends Payable 6,343 4,616
Derivitive Liabilities 2,591 1,982
Accrued interest payable 4,815 1,826
Due to affiliates 762 566
Other Liabilities 5,395 3,220
Total Liabilities 3,729,983 2,805,915
Stockholders' Equity    
Preferred stock, $0.01 par value 0 0
Common Stock, $0.01 par value 453 330
Additional paid in capital 413,948 332,449
Accumulated deficit 0 0
Total Stockholders Equity 414,401 332,779
Total Liabilities and Stockholders Equity 4,144,384 3,138,694
Residential Mortgage Backed Securities [Member]    
Mortgage-backed securities, at fair value    
Pledged to counterparties 3,917,425 2,972,290
Unpledged 12,915 49,884
Total mortgage-backed securities $ 3,930,340 $ 3,022,174