CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Assets
Residential mortgage investments ($7.14 and $7.71 billion pledged at June 30, 2021 and December 31, 2020, respectively)	$ 7,429,792	$ 7,937,552
Cash collateral receivable from derivative counterparties	78,161	74,411
Cash and cash equivalents	207,392	257,180
Receivables and other assets	134,316	136,107
Total assets	7,849,661	8,405,250
Liabilities
Secured borrowings	6,809,883	7,319,083
Derivatives at fair value	33,335	41,484
Unsecured borrowings	98,544	98,493
Common stock dividend payable	15,289	15,281
Accounts payable and accrued expenses	19,597	20,746
Total liabilities	6,976,648	7,495,087
Stockholders’ equity
Preferred stock - $0.10 par value; 100,000 shares authorized: 7.50% Cumulative Redeemable Preferred Stock, Series E, 10,329 shares issued and outstanding ($258,226 aggregate liquidation preference) at June 30, 2021 and December 31, 2020	250,946	250,946
Common stock - $0.01 par value; 250,000 shares authorized: 96,481 and 94,606 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	968	965
Paid-in capital	1,269,599	1,268,439
Accumulated deficit	(655,406)	(651,071)
Accumulated other comprehensive income	6,906	40,884
Total stockholders' equity	873,013	910,163
Total liabilities and equity	$ 7,849,661	$ 8,405,250