CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Interest income:
Residential mortgage investments		$ 83,807	$ 69,138
Other		422	408
Interest income		84,229	69,546
Interest expense:
Secured borrowings		(63,779)	(45,021)
Unsecured borrowings		(1,891)	(1,891)
Interest expense		(65,670)	(46,912)
Net interest income (expense)		18,559	22,634
Other (expense) income:
Loss on derivative instruments (net)	[1]	(21,657)
Compensation-related expense		(3,609)	(2,048)
Other general and administrative expense		(1,128)	(1,237)
Miscellaneous other revenue		89	71
Operating expenses		(26,305)	(3,214)
Net (loss) income		(7,746)	19,420
Less preferred stock dividends		(4,842)	(4,842)
Net (loss) income to common stockholders		$ (12,588)	$ 14,578
Net (loss) income per common share:
Basic and diluted		$ (0.15)	$ 0.16
Weighted average common shares outstanding:
Basic (in shares)		84,894	93,425
Diluted (in shares)		84,894	93,506
Cash dividends declared per share:
Common (in dollars per share)		$ 0.08	$ 0.16
Series E Preferred [Member]
Cash dividends declared per share:
Series E preferred (in dollars per share)		$ 0.47	$ 0.47

[1] Included in “Loss on derivative instruments (net)” on the face of the Statement of Operations.