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Note 5 - Derivative and Other Hedging Instruments - Schedule of To Be Announced Securities (Details) - Short [Member] - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Five Percent TBA Securities [Member]    
Notional amount [1]   $ 50,000
Cost basis [2]   50,074
Market value [3]   49,742
Net carrying value [4]   (332)
Notional amount [1]   (50,000)
Three Percent TBA Securities [Member]    
Notional amount [1]   200,000
Cost basis [2]   (174,406)
Market value [3]   (169,703)
Net carrying value [4]   4,703
Notional amount [1]   (200,000)
TBA Contracts [Member]    
Notional amount $ 0 150,000 [1]
Cost basis [2]   (124,332)
Market value [3]   (119,961)
Net carrying value [4]   4,371
Notional amount $ 0 $ (150,000) [1]
[1] Notional amount represents the par value (or principal balance) of the underlying Agency RMBS.
[2] Cost basis represents the forward price to be paid (received) for the underlying Agency RMBS.
[3] Market value represents the current market value of the TBA securities (or of the underlying Agency RMBS) as of period-end.
[4] Net carrying value represents the difference between the market value and the cost basis of the TBA securities as of period-end and is reported in derivative assets (liabilities), at fair value in the balance sheets.