CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Interest income	$ 142,324,000	$ 154,581,000	$ 145,962,000
Interest expense	83,666,000	70,360,000	41,671,000
Net interest income	58,658,000	84,221,000	104,291,000
Realized gains (losses) on mortgage-backed securities	(10,877,000)	(30,289,000)	(7,788,000)
Unrealized gains (losses) on mortgage-backed securities	38,045,000	(110,668,000)	(67,981,000)
(Losses) gains on derivative instruments	(51,176,000)	24,311,000	(15,349,000)
Net portfolio income	34,650,000	(32,425,000)	13,173,000
Expenses
Management Fee Expense	5,528,000	6,204,000	5,855,000
Allocated Overhead	1,380,000	1,567,000	1,576,000
Compensation and related benefits	115,000	407,000	640,000
Directors fees and liability insurance	998,000	968,000	949,000
Audit, legal and other professional fees	1,105,000	851,000	706,000
Direct REIT operating expenses	997,000	1,631,000	1,124,000
Other administrative	262,000	334,000	316,000
Total expenses	10,385,000	11,962,000	11,166,000
Net income (loss)	$ 24,265,000	$ (44,387,000)	$ 2,007,000
Basic and diluted net income (loss) per share
Basic	$ 0.43	$ (0.85)	$ 0.05
Diluted	$ 0.43	$ (0.85)	$ 0.05
Weighted Average Shares Outstanding
Weighted Average Shares - Basic and Diluted	56,328,027	52,198,175	41,062,039