Condensed Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
ASSETS:
Mortgage-backed securities, at fair value (includes pledged assets of $4,368,075 and $3,512,640, respectively)	$ 4,373,972	$ 3,540,002
U.S. Treasury Notes, at fair value (includes pledged assets of $37,195 and $36,382, respectively)	37,195	36,382
Cash and cash equivalents	198,246	205,651
Restricted cash	51,091	31,568
Accrued interest receivable	15,266	11,519
Derivative assets	52,324	40,172
Other assets	2,836	442
Total Assets	4,730,930	3,865,736
LIABILITIES:
Repurchase agreements	4,201,717	3,378,445
Dividends payable	7,049	5,908
Derivative liabilities	12,875	7,161
Accrued interest payable	11,280	9,209
Other liabilities	6,683	25,119
Total Liabilities	4,240,845	3,426,973
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Preferred stock, $0.01 par value; 20,000,000 shares authorized; no shares issued and outstanding as of June 30, 2023 and December 31, 2022	0	0
Common Stock, $0.01 par value; 100,000,000 shares authorized, 43,896,709 shares issued and outstanding as of June 30, 2023 and 36,764,983 shares issued and outstanding as of December 31, 2022	439	368
Additional paid-in capital	817,074	779,602
Accumulated deficit	(327,428)	(341,207)
Total Stockholders' Equity	490,085	438,763
Total Liabilities and Stockholders' Equity	4,730,930	3,865,736
Related Party [Member]
LIABILITIES:
Due to affiliates	$ 1,241	$ 1,131