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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets [Abstract]    
Cash $ 325,679 $ 366,023
Cash collateral posted to counterparties 111,449 55,284
Mortgage-backed securities (including pledged of $2,373,246 and $3,011,319, respectively), at fair value 2,659,386 3,181,839
Mortgage loans held for investment, at fair value 3,412 4,268
Receivable for securities pending settlement 2,516 2,771
Derivative assets 81,919 7,969
Accrued interest receivable 13,097 14,184
Other assets, net 6,879 7,400
Total assets 3,204,337 3,639,738
Liabilities:    
Repurchase agreements 2,202,648 2,849,916
Due to counterparties 71,894 2,471
Derivative liabilities 12,559 0
Cash collateral posted by counterparties 59,234 1,834
Accrued interest payable 1,811 1,365
Accrued dividends payable 7,608 6,541
Other liabilities 6,217 6,332
 Total liabilities 2,361,971 2,868,459
Stockholders' Equity Attributable to Parent [Abstract]    
Preferred stock, par value $0.01 per share; 50,000,000 shares authorized; 4,460,000 and 4,460,000 shares issued and outstanding, respectively ($111,500 and $111,500 aggregate liquidation preference, respectively) 107,843 107,843
Common stock, par value $0.01 per share, 90,000,000 shares authorized; 43,517,234 and 36,665,805 shares issued and outstanding, respectively 435 367
Additional paid-in capital 1,218,298 1,107,792
Accumulated other comprehensive (loss) income (145,521) 6,729
Accumulated deficit (338,689) (451,452)
 Total shareholders’ equity 842,366 771,279
Total liabilities and shareholders’ equity $ 3,204,337 $ 3,639,738