AVAILABLE-FOR-SALE SECURITIES

12 Months Ended

Dec. 31, 2019

Investments, Debt and Equity Securities [Abstract]

As of December 31, 2019 and December 31, 2018, the Company no longer held AFS securities.

The following table presents a summary of the Company’s net realized (loss) from the sale of AFS securities for the year ended December 2018:


	December 31, 2018
AFS securities sold, at amortized cost	$	1,260,655,162
Proceeds from AFS securities sold	1,227,314,578
Net realized gain (loss) on sale of AFS securities	$	(33,340,584)

Gains and losses from the sale of AFS securities are recorded within "realized (loss) on investments, net" in the Company's consolidated statements of operations.

The following table presents components of interest income on the Company's AFS securities for the year ended December 31, 2018:


	Year Ended December 31, 2018
	Coupon Interest		Net (premium amortization)/discount accretion		Interest income
Agency	$	12,152,397	$	(1,435,534)	$	10,716,863
Multi-Family	—		32,103		32,103
Total	$	12,152,397	$	(1,403,431)	$	10,748,966