CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Mortgage-backed securities, at fair value
Pledged to counterparties	$ 4,120,500,000	$ 3,719,906,000
Unpledged	218,036,000	6,989,000
Total mortgage-backed securities	4,338,536,000	3,726,895,000
Cash and cash equivalents	211,436,000	220,143,000
Restricted cash	117,155,000	79,363,000
Accrued interest receivable	10,852,000	9,721,000
Derivative Assets	95,752,000	20,999,000
Receivable for securities sold, pledged to counterparties	154,977,000	414,000
Other assets	2,058,000	516,000
Total Assets	4,930,766,000	4,058,051,000
Liabilities
Outstanding repurchase obligations	4,181,680,000	3,595,586,000
Payable for unsettled securities purchased	217,758,000	0
Dividends Payable	6,156,000	4,970,000
Derivitive Liabilities	35,057,000	33,227,000
Accrued interest payable	921,000	1,157,000
Due to affiliates	712,000	632,000
Other Liabilities	22,306,000	7,188,000
Total Liabilities	4,464,590,000	3,642,760,000
Stockholders' Equity
Preferred stock, $0.01 par value	0	0
Common Stock, $0.01 par value	944,000	761,000
Additional paid in capital	512,595,000	432,524,000
Accumulated deficit	(47,363,000)	(17,994,000)
Total Stockholders Equity	466,176,000	415,291,000
Total Liabilities and Stockholders Equity	$ 4,930,766,000	$ 4,058,051,000