CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Mortgage-backed securities, at fair value
Pledged to counterparties	$ 3,416,118,000	$ 3,584,354,000
Unpledged	124,249,000	6,567,000
Total mortgage-backed securities	3,540,367,000	3,590,921,000
Cash and cash equivalents	199,805,000	193,770,000
Restricted cash	47,541,000	84,885,000
Accrued interest receivable	10,378,000	12,404,000
Derivative Assets	14,239,000	0
Receivable for securities sold, pledged to counterparties	0	0
Other assets	603,000	100,000
Total Assets	3,812,933,000	3,882,080,000
Liabilities
Outstanding repurchase obligations	3,281,303,000	3,448,106,000
Payable for unsettled securities purchased	113,653,000	0
Dividends Payable	4,505,000	5,045,000
Derivitive Liabilities	33,295,000	20,658,000
Accrued interest payable	752,000	11,101,000
Due to affiliates	590,000	622,000
Other Liabilities	2,094,000	1,041,000
Total Liabilities	3,436,192,000	3,486,573,000
Stockholders' Equity
Preferred stock, $0.01 par value	0	0
Common Stock, $0.01 par value	693,000	631,000
Additional paid in capital	410,521,000	414,998,000
Accumulated deficit	(34,473,000)	(20,122,000)
Total Stockholders Equity	376,741,000	395,507,000
Total Liabilities and Stockholders Equity	3,812,933,000	3,882,080,000
Residential Mortgage Backed Securities [Member]
Mortgage-backed securities, at fair value
Pledged to counterparties	3,416,118,000	3,584,354,000
Unpledged	124,249,000	6,567,000
Total mortgage-backed securities	3,540,367,000	3,590,921,000
Accrued interest receivable	$ 10,157,000	$ 12,367,000