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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Mortgage-backed securities, at fair value    
Pledged to counterparties $ 3,643,718,000 $ 3,712,561,000
Unpledged 102,066,000 32,250,000
Total mortgage-backed securities 3,745,784,000 3,744,811,000
Cash and cash equivalents 127,168,000 214,363,000
Restricted cash 36,837,000 32,349,000
Accrued interest receivable 15,384,000 14,444,000
Derivative Assets 36,179,000 17,160,000
Receivable for securities sold, pledged to counterparties 160,919,000 0
Other assets 427,000 216,000
Total Assets 4,122,698,000 4,023,343,000
Liabilities    
Outstanding repurchase obligations 3,619,280,000 3,533,786,000
Payable for unsettled securities purchased 32,054,000 0
Dividends Payable 4,776,000 7,429,000
Derivitive Liabilities 2,582,000 2,038,000
Accrued interest payable 7,152,000 6,516,000
Due to affiliates 796,000 797,000
Other Liabilities 26,607,000 10,566,000
Total Liabilities 3,693,247,000 3,561,132,000
Stockholders' Equity    
Preferred stock, $0.01 par value 0 0
Common Stock, $0.01 par value 531,000 531,000
Additional paid in capital 445,297,000 461,680,000
Accumulated deficit (16,377,000) 0
Total Stockholders Equity 429,451,000 462,211,000
Total Liabilities and Stockholders Equity 4,122,698,000 4,023,343,000
Residential Mortgage Backed Securities [Member]    
Mortgage-backed securities, at fair value    
Pledged to counterparties 3,643,718,000 3,712,561,000
Unpledged 102,066,000 32,250,000
Total mortgage-backed securities $ 3,745,784,000 $ 3,744,811,000