CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Mortgage-backed securities, at fair value
Pledged to counterparties	$ 3,644,163	$ 3,712,561
Unpledged	45,433	32,250
Total mortgage-backed securities	3,689,596	3,744,811
Cash and cash equivalents	137,947	214,363
Restricted cash	31,065	32,349
Accrued interest receivable	14,771	14,444
Derivative Assets	34,207	17,160
Other assets	445	216
Total Assets	3,908,031	4,023,343
Liabilities
Outstanding repurchase obligations	3,449,854	3,533,786
Dividends Payable	4,683	7,429
Derivitive Liabilities	2,240	2,038
Accrued interest payable	7,221	6,516
Due to affiliates	656	797
Other Liabilities	34,178	10,566
Total Liabilities	3,498,832	3,561,132
Stockholders' Equity
Preferred stock, $0.01 par value	0	0
Common Stock, $0.01 par value	520	531
Additional paid in capital	423,709	461,680
Accumulated deficit	(15,030)	0
Total Stockholders Equity	409,199	462,211
Total Liabilities and Stockholders Equity	3,908,031	4,023,343
Residential Mortgage Backed Securities [Member]
Mortgage-backed securities, at fair value
Pledged to counterparties	3,644,163	3,712,561
Unpledged	45,433	32,250
Total mortgage-backed securities	$ 3,689,596	$ 3,744,811

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- Definition

Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.