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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets [Abstract]    
Cash and cash equivalents $ 295,602 $ 62,582
Restricted cash 7,077 71,648
Mortgage-backed securities (including pledged of $2,467,859 and $5,024,625, respectively), at fair value 2,596,255 5,188,163
Mortgage loans held for investment (includes $6,264 and $8,857 at fair value, respectively); see Note 3 6,264 0
Other Investments and Securities, at Cost 0 9,405
Receivable for securities sold 150,432 0
Derivative assets 11,342 4,290
Accrued interest receivable 14,388 26,209
Other assets, net 6,394 8,307
Total assets 3,087,754 5,370,604
Liabilities:    
Repurchase agreements 2,437,163 4,752,348
Payable for unsettled securities 5 6,180
Non-recourse collateralized financing 111 2,733
Derivative liabilities 1,634 974
Accrued interest payable 1,410 15,585
Accrued dividends payable 5,814 6,280
Other liabilities 8,164 3,516
 Total liabilities 2,454,301 4,787,616
Stockholders' Equity Attributable to Parent [Abstract]    
Preferred stock, par value $0.01 per share; 50,000,000 shares authorized; 7,248,330 and 6,788,330 shares issued and outstanding, respectively ($181,208 and $169,708 aggregate liquidation preference, respectively) 174,564 162,807
Common stock, par value $0.01 per share, 90,000,000 shares authorized; 23,697,970 and 22,945,993 shares issued and outstanding, respectively 237 229
Additional paid-in capital 869,495 858,347
Accumulated other comprehensive income 80,261 173,806
Accumulated deficit (491,104) (612,201)
 Total shareholders’ equity 633,453 582,988
Total liabilities and shareholders’ equity $ 3,087,754 $ 5,370,604