CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Mortgage-backed securities, at fair value
Pledged to counterparties	$ 4,665,578,000	$ 3,719,906,000
Unpledged	5,661,000	6,989,000
Total mortgage-backed securities	4,671,239,000	3,726,895,000
Cash and cash equivalents	272,842,000	220,143,000
Restricted cash	106,876,000	79,363,000
Accrued interest receivable	12,547,000	9,721,000
Derivative Assets	43,735,000	20,999,000
Receivable for securities sold, pledged to counterparties	0	414,000
Other assets	688,000	516,000
Total Assets	5,107,927,000	4,058,051,000
Liabilities
Outstanding repurchase obligations	4,514,704,000	3,595,586,000
Dividends Payable	7,663,000	4,970,000
Derivitive Liabilities	16,769,000	33,227,000
Accrued interest payable	1,042,000	1,157,000
Due to affiliates	794,000	632,000
Other Liabilities	13,134,000	7,188,000
Total Liabilities	4,554,106,000	3,642,760,000
Stockholders' Equity
Preferred stock, $0.01 par value	0	0
Common Stock, $0.01 par value	1,175,000	761,000
Additional paid in capital	616,874,000	432,524,000
Accumulated deficit	(64,228,000)	(17,994,000)
Total Stockholders Equity	553,821,000	415,291,000
Total Liabilities and Stockholders Equity	$ 5,107,927,000	$ 4,058,051,000