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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets [Abstract]    
Cash and cash equivalents $ 332,035 $ 366,023
Cash collateral posted to counterparties 117,842 55,284
Mortgage-backed securities (including pledged of $2,810,957 and $3,011,319, respectively), at fair value 3,112,705 3,181,839
Mortgage loans held for investment, at fair value 2,617 4,268
Due from counterparties 10,348 2,771
Derivative assets 7,102 7,969
Accrued interest receivable 15,260 14,184
Other assets, net 7,325 7,400
Total assets 3,605,234 3,639,738
Liabilities:    
Repurchase agreements 2,644,405 2,849,916
Due to counterparties 4,159 2,471
Derivative liabilities 22,595 0
Cash collateral posted by counterparties 435 1,834
Accrued interest payable 16,450 1,365
Accrued dividends payable 9,103 6,541
Other liabilities 6,759 6,332
 Total liabilities 2,703,906 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; 53,637,095 and 36,665,805 shares issued and outstanding, respectively 536 367
Additional paid-in capital 1,357,514 1,107,792
Accumulated other comprehensive (loss) income (181,346) 6,729
Accumulated deficit (383,219) (451,452)
 Total shareholders’ equity 901,328 771,279
Total liabilities and shareholders’ equity $ 3,605,234 $ 3,639,738