Condensed Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Mortgage-backed securities, at fair value (includes pledged assets of $4,521,136 and $3,885,554, respectively)	$ 4,525,755	$ 3,894,012
U.S. Treasury securities, available-for-sale (amortized cost of $98,092 and $148,803; includes pledged assets of $78,430 and $79,680, respectively)	98,099	148,820
Cash and cash equivalents	241,043	171,893
Restricted cash	15,968	28,396
Accrued interest receivable	18,988	14,951
Derivative assets	29,319	6,420
Other assets	733	455
Total Assets	4,929,905	4,264,947
LIABILITIES:
Repurchase agreements	4,345,704	3,705,649
Payable for investment securities and TBA transactions	0	60,454
Dividends payable	7,805	6,222
Derivative liabilities	844	12,694
Accrued interest payable	17,597	7,939
Other liabilities	937	1,031
Total Liabilities	4,373,973	3,795,002
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, 2024 and December 31, 2023	0	0
Common Stock, $0.01 par value; 100,000,000 shares authorized, 64,824,374 shares issued and outstanding as of June 30, 2024 and 51,636,074 shares issued and outstanding as of December 31, 2023	648	516
Additional paid-in capital	920,913	849,845
Accumulated deficit	(365,636)	(380,433)
Accumulated other comprehensive income	7	17
Total Stockholders' Equity	555,932	469,945
Total Liabilities and Stockholders' Equity	4,929,905	4,264,947
Related Party [Member]
LIABILITIES:
Due to affiliates	$ 1,086	$ 1,013