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PLEDGED ASSETS	6 Months Ended
PLEDGED ASSETS	Jun. 30, 2021
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 June 30, 2021 and December 31, 2020. (in thousands) June 30, 2021 December 31, 2020 Repurchase Derivative Repurchase Derivative Assets Pledged to Counterparties Agreements Agreements Total Agreements Agreements Total PT RMBS - fair value $ 4,570,053 $ - $ 4,570,053 $ 3,692,811 $ - $ 3,692,811 Structured RMBS - fair value 95,525 - 95,525 27,095 - 27,095 Accrued interest on pledged securities 12,493 - 12,493 9,636 - 9,636 Restricted cash 79,073 27,803 106,876 58,829 20,534 79,363 Total $ 4,757,144 $ 27,803 $ 4,784,947 $ 3,788,371 $ 20,534 $ 3,808,905 Assets Pledged from Counterparties The table below summarizes assets pledged to us from counterparties under our repurchase agreements, reverse repurchase agreements and derivative agreements as of June 30, 2021 and December 31, 2020. (in thousands) June 30, 2021 December 31, 2020 Repurchase Derivative Repurchase Derivative Assets Pledged to Orchid Agreements Agreements Total Agreements Agreements Total Cash $ - $ 12,187 $ 12,187 $ 120 $ 6,083 $ 6,203 U.S. Treasury securities - fair value - - - 253 - 253 Total $ - $ 12,187 $ 12,187 $ $ 373 $ 6,083 $ 6,456 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.