Condensed Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
ASSETS:
Pledged assets	$ 4,520,225	$ 3,540,002
Pledged assets	0	36,382
Pledged assets, available for sale	98,326	0
Cash and cash equivalents	158,603	205,651
Restricted cash	119,614	31,568
Accrued interest receivable	17,316	11,519
Derivative assets	20,605	40,172
Other assets	2,204	442
Total Assets	4,936,893	3,865,736
LIABILITIES:
Repurchase agreements	4,426,947	3,378,445
Dividends payable	8,398	5,908
Derivative liabilities	2,731	7,161
Accrued interest payable	15,836	9,209
Other liabilities	14,888	25,119
Total Liabilities	4,470,052	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 September 30, 2023 and December 31, 2022	0	0
Common Stock, $0.01 par value; 100,000,000 shares authorized, 52,332,306 shares issued and outstanding as of September 30, 2023 and 36,764,983 shares issued and outstanding as of December 31, 2022	523	368
Additional paid-in capital	873,862	779,602
Accumulated deficit	(407,560)	(341,207)
Accumulated other comprehensive income	16	0
Total Stockholders' Equity	466,841	438,763
Total Liabilities and Stockholders' Equity	4,936,893	3,865,736
Related Party [Member]
LIABILITIES:
Due to affiliates	$ 1,252	$ 1,131