XML 40 R2.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Mortgage-backed securities, at fair value    
Pledged to counterparties $ 2,937,749,000 $ 3,584,354,000
Unpledged 11,048,000 6,567,000
Total mortgage-backed securities 2,948,797,000 3,590,921,000
Cash and cash equivalents 162,725,000 193,770,000
Restricted cash 38,725,000 84,885,000
Accrued interest receivable 10,054,000 12,404,000
Derivative Assets 1,336,000 0
Other assets 755,000 100,000
Total Assets 3,162,392,000 3,882,080,000
Liabilities    
Outstanding repurchase obligations 2,810,250,000 3,448,106,000
Payable for unsettled securities purchased 3,450,000 0
Dividends Payable 5,299,000 5,045,000
Derivitive Liabilities 30,097,000 20,658,000
Accrued interest payable 3,814,000 11,101,000
Due to affiliates 520,000 622,000
Other Liabilities 818,000 1,041,000
Total Liabilities 2,854,248,000 3,486,573,000
Stockholders' Equity    
Preferred stock, $0.01 par value 0 0
Common Stock, $0.01 par value 662,000 631,000
Additional paid in capital 418,803,000 414,998,000
Accumulated deficit (111,321,000) (20,122,000)
Total Stockholders Equity 308,144,000 395,507,000
Total Liabilities and Stockholders Equity 3,162,392,000 3,882,080,000
Residential Mortgage Backed Securities [Member]    
Mortgage-backed securities, at fair value    
Pledged to counterparties 2,937,749,000 3,584,354,000
Unpledged 11,048,000 6,567,000
Total mortgage-backed securities $ 2,948,797,000 $ 3,590,921,000