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PLEDGED ASSETS	9 Months Ended
PLEDGED ASSETS	Sep. 30, 2022
Financial Instruments Pledged as Collateral [Abstract]
Pledged Assets [Text Block]	NOTE 5. PLEDGED ASSETS Assets Pledged to Counterparties The table below summarizes the Company’s assets pledged as collateral under repurchase agreements and derivative agreements by type, including securities pledged related to securities sold but not yet settled, as of September 30, 2022 and December 31, 2021. (in thousands) September 30, 2022 December 31, 2021 Repurchase Derivative Repurchase Derivative Assets Pledged to Counterparties Agreements Agreements Total Agreements Agreements Total PT RMBS - fair value $ 3,145,035 $ - $ 3,145,035 $ 6,294,102 $ - $ 6,294,102 Structured RMBS - fair value 50,811 - 50,811 212,270 - 212,270 U.S. Treasury Notes - 36,118 36,118 - 29,740 29,740 Accrued interest on pledged securities 10,507 4 10,511 18,804 13 18,817 Restricted cash 49,377 17,392 66,769 57,264 8,035 65,299 Total $ 3,255,730 $ 53,514 $ 3,309,244 $ 6,582,440 $ 37,788 $ 6,620,228 Assets Pledged from Counterparties The table below summarizes assets pledged to the Company from counterparties under repurchase agreements and derivative agreements as of September 30, 2022 and December 31, 2021. (in thousands) September 30, 2022 December 31, 2021 Repurchase Derivative Repurchase Derivative Assets Pledged to Orchid Agreements Agreements Total Agreements Agreements Total Cash $ - $ 38,571 $ 38,571 $ 4,339 $ 7,206 $ 11,545 Total $ - $ 38,571 $ 38,571 $ $ 4,339 $ 7,206 $ 11,545 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.