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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets [Abstract]    
Cash and cash equivalents $ 300,108 $ 332,035
Cash collateral posted to counterparties 132,646 117,842
Mortgage-backed securities (including pledged of $4,441,105 and $2,810,957, respectively), at fair value 5,059,308 3,112,705
Due from counterparties 1,364 10,348
Derivative assets 174 7,102
Accrued interest receivable 22,988 15,260
Other assets, net 9,367 9,942
Total assets 5,525,955 3,605,234
Liabilities:    
Repurchase agreements 4,201,901 2,644,405
Due to counterparties 371,576 4,159
Derivative liabilities 23,621 22,595
Cash collateral posted by counterparties 0 435
Accrued interest payable 33,794 16,450
Accrued dividends payable 9,440 9,103
Other liabilities 4,661 6,759
 Total liabilities 4,644,993 2,703,906
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, 180,000,000 shares authorized; 54,204,319 and 53,637,095 shares issued and outstanding, respectively 542 536
Additional paid-in capital 1,365,484 1,357,514
Accumulated other comprehensive loss (175,996) (181,346)
Accumulated deficit (416,911) (383,219)
 Total shareholders’ equity 880,962 901,328
Total liabilities and shareholders’ equity $ 5,525,955 $ 3,605,234