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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Mortgage-backed securities, at fair value    
Pledged to counterparties $ 3,498,724 $ 3,712,561
Unpledged 15,232 32,250
Total mortgage-backed securities 3,513,956 3,744,811
Cash and cash equivalents 164,393 214,363
Restricted cash 30,928 32,349
Accrued interest receivable 14,085 14,444
Derivative Assets 37,422 17,160
Other assets 312 216
Total Assets 3,761,096 4,023,343
Liabilities    
Outstanding repurchase obligations 3,321,803 3,533,786
Dividends Payable 4,163 7,429
Derivitive Liabilities 0 2,038
Accrued interest payable 4,595 6,516
Due to affiliates 622 797
Other Liabilities 36,610 10,566
Total Liabilities 3,367,793 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 410,771 461,680
Accumulated deficit (17,988) 0
Total Stockholders Equity 393,303 462,211
Total Liabilities and Stockholders Equity $ 3,761,096 $ 4,023,343