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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets:    
Mortgage-backed securities (including pledged of $5,132,400 and $3,511,604 respectively) $ 5,713,788 $ 3,749,464
Mortgage loans held for investment, net 10,306 11,527
Cash and cash equivalents 49,956 34,598
Restricted cash 61,394 54,106
Derivative assets 342 6,563
Receivable for securities sold 1,242 0
Accrued interest receivable 25,292 21,019
Other assets, net 6,565 8,812
Total assets 5,868,885 3,886,089
Liabilities:    
Repurchase agreements 4,815,452 3,267,984
Payable for unsettled securities 425,897 58,915
Non-recourse collateralized financing 3,078 3,458
Derivative liabilities 207 1,218
Accrued interest payable 15,907 10,308
Accrued dividends payable 7,164 13,810
Other liabilities 2,542 3,243
Total liabilities 5,270,247 3,358,936
Shareholders’ Equity:    
Preferred stock, par value $.01 per share; 50,000,000 shares authorized; 6,514,130 and 5,954,594 shares issued and outstanding, respectively ($162,853 and $148,865 aggregate liquidation preference, respectively) 156,071 142,883
Common stock, par value $.01 per share, 90,000,000 shares authorized; 24,646,964 and 20,939,072 shares issued and outstanding, respectively 246 209
Additional paid-in capital 882,633 818,861
Accumulated other comprehensive income (loss) 161,815 (35,779)
Accumulated deficit (602,127) (399,021)
Total shareholders’ equity 598,638 527,153
Total liabilities and shareholders’ equity $ 5,868,885 $ 3,886,089