Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Assets:
Mortgage-backed securities (including pledged of $2,645,293 and $2,640,884 respectively)	$ 2,759,894	$ 3,026,989
U.S. Treasuries (including pledged of $57,923 and $124,215, respectively)	57,923	146,530
Mortgage loans held for investment, net	13,628	15,738
Cash and cash equivalents	165,126	40,867
Restricted cash	52,832	46,333
Derivative assets	7,642	2,940
Receivable for securities sold	277	0
Principal receivable on investments	45	165
Accrued interest receivable	19,326	19,819
Other assets, net	6,084	6,397
Total assets	3,082,777	3,305,778
Liabilities:
Repurchase agreements	2,514,984	2,565,902
Payable for unsettled securities	529	156,899
Non-recourse collateralized financing	4,393	5,520
Derivative liabilities	0	269
Accrued interest payable	5,469	3,734
Accrued dividends payable	12,727	12,526
Other liabilities	2,441	3,870
Total liabilities	2,540,543	2,748,720
Shareholders’ Equity:
Preferred stock, par value $.01 per share; 50,000,000 shares authorized; 5,908,999 and 5,888,680 shares issued and outstanding, respectively ($147,725 and $147,217 aggregate liquidation preference, respectively)	141,788	141,294
Common stock, par value $.01 per share, 200,000,000 shares authorized; 56,906,200 and 55,831,549 shares issued and outstanding, respectively	569	558
Additional paid-in capital	782,011	775,873
Accumulated other comprehensive loss	(63,919)	(8,697)
Accumulated deficit	(318,215)	(351,970)
Total shareholders’ equity	542,234	557,058
Total liabilities and shareholders’ equity	$ 3,082,777	$ 3,305,778