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PLEDGED ASSETS	9 Months Ended
PLEDGED ASSETS	Sep. 30, 2020
Financial Instruments Pledged as Collateral [Abstract]
Pledged Assets [Text Block]	NOTE 5. PLEDGED ASSETS Assets Pledged to Counterparties The table below summarizes our assets pledged as collateral under our repurchase agreements and derivative agreements by type, including securities pledged related to securities sold but not yet settled, as of September 30, 2020 and December 31, 2019. (in thousands) September 30, 2020 December 31, 2019 Repurchase Derivative Repurchase Derivative Assets Pledged to Counterparties Agreements Agreements Total Agreements Agreements Total PT RMBS - fair value $ 3,387,253 $ - $ 3,387,253 $ 3,500,394 $ - $ 3,500,394 Structured RMBS - fair value 28,865 - 28,865 83,960 - 83,960 Accrued interest on pledged securities 10,157 - 10,157 12,367 - 12,367 Restricted cash 24,767 22,774 47,541 65,851 19,034 84,885 Total $ 3,451,042 $ 22,774 $ 3,473,816 $ 3,662,572 $ 19,034 $ 3,681,606 Assets Pledged from Counterparties The table below summarizes our assets pledged to us from counterparties under our repurchase agreements, reverse repurchase agreements and derivative agreements as of September 30, 2020 and December 31, 2019. (in thousands) Reverse Repurchase Repurchase Derivative Assets Pledged to Orchid Agreements Agreements Agreements Total September 30, 2020 Cash $ 5,855 $ - $ 1,037 $ 6,892 U.S. Treasury securities - fair value 1,424 - - 1,424 Total $ 7,279 $ - $ 1,037 $ 8,316 December 31, 2019 Cash $ 1,418 $ - $ - $ 1,418 Total $ 1,418 $ - $ - $ 1,418 RMBS and U.S. Treasury securities received as margin under our repurchase agreements are not recorded in the balance sheets because the counterparty retains ownership of the security. U.S. Treasury securities received from counterparties as collateral under our reverse repurchase agreements are recognized as obligations to return securities borrowed under reverse repurchase agreements in the balance sheet. Cash received as margin is recognized as cash and cash equivalents with a corresponding amount recognized as an increase in repurchase agreements or other liabilities in the balance sheets.