10-Q Filing

DYNEX CAPITAL INC CIK: 826675 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000826675-22-000031`
Period End Date	20220630
Filing Date	20220801
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	dx-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 90 Cash Flow Statement 92 Stockholders Equity 63

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$325.68M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$366.02M	USD	Point-in-time
Cash collateral posted to counterparties	`RestrictedCashAndCashEquivalents`	$55.28M	USD	Point-in-time
Cash collateral posted to counterparties	`RestrictedCashAndCashEquivalents`	$111.45M	USD	Point-in-time
Mortgage-backed securities (including pledged of $2,373,246 and $3,011,319, respectively), at fair value	`FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue`	$3.18B	USD	Point-in-time
Mortgage-backed securities (including pledged of $2,373,246 and $3,011,319, respectively), at fair value	`FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue`	$2.66B	USD	Point-in-time
Mortgage loans held for investment, at fair value	`FinancialInstrumentsOwnedOtherAtFairValue`	$3.41M	USD	Point-in-time
Mortgage loans held for investment, at fair value	`FinancialInstrumentsOwnedOtherAtFairValue`	$4.27M	USD	Point-in-time
Receivable for securities pending settlement	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$2.77M	USD	Point-in-time
Receivable for securities pending settlement	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$2.52M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$7.97M	USD	Point-in-time
Derivative assets	`DerivativeAssets`	$81.92M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$13.10M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$14.18M	USD	Point-in-time
Other assets, net	`PrepaidExpenseAndOtherAssets`	$7.40M	USD	Point-in-time
Other assets, net	`PrepaidExpenseAndOtherAssets`	$6.88M	USD	Point-in-time
Total assets	`Assets`	$3.64B	USD	Point-in-time
Total assets	`Assets`	$3.20B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$2.85B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$2.20B	USD	Point-in-time
Due to counterparties	`OtherPayablesToBrokerDealersAndClearingOrganizations`	$71.89M	USD	Point-in-time
Due to counterparties	`OtherPayablesToBrokerDealersAndClearingOrganizations`	$2.47M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilities`	$12.56M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilities`	-	USD	Point-in-time
Cash collateral posted by counterparties	`CashCollateralPostedByCounterparties`	$1.83M	USD	Point-in-time
Cash collateral posted by counterparties	`CashCollateralPostedByCounterparties`	$59.23M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$1.36M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$1.81M	USD	Point-in-time
Accrued dividends payable	`DividendsPayableCurrentAndNoncurrent`	$7.61M	USD	Point-in-time
Accrued dividends payable	`DividendsPayableCurrentAndNoncurrent`	$6.54M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$6.22M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$6.33M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.36B	USD	Point-in-time
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)	`PreferredStockValueOutstanding`	$107.84M	USD	Point-in-time
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)	`PreferredStockValueOutstanding`	$107.84M	USD	Point-in-time
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	`CommonStockValueOutstanding`	$435.00K	USD	Point-in-time
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	`CommonStockValueOutstanding`	$367.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.22B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.11B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.73M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-145.52M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-338.69M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-451.45M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$842.37M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$771.28M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$633.45M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$731.28M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$785.63M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$755.63M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.64B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.20B	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestIncomeOperating`	$27.29M	USD	2 Qtrs
Interest income	`InterestIncomeOperating`	$18.34M	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$35.76M	USD	2 Qtrs
Interest income	`InterestIncomeOperating`	$13.39M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.01M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.91M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.26M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.27M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$24.38M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$12.12M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$14.07M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$29.75M	USD	2 Qtrs
Realized (loss) gain on sale of investments, net	`DebtSecuritiesRealizedGainLoss`	$-18.55M	USD	2 Qtrs
Realized (loss) gain on sale of investments, net	`DebtSecuritiesRealizedGainLoss`	$2.01M	USD	1 Quarter
Realized (loss) gain on sale of investments, net	`DebtSecuritiesRealizedGainLoss`	$6.71M	USD	2 Qtrs
Realized (loss) gain on sale of investments, net	`DebtSecuritiesRealizedGainLoss`	$-18.55M	USD	1 Quarter
Unrealized (loss) gain on investments, net	`UnrealizedGainLossOnInvestments`	$-176.35M	USD	2 Qtrs
Unrealized (loss) gain on investments, net	`UnrealizedGainLossOnInvestments`	$104.00K	USD	2 Qtrs
Unrealized (loss) gain on investments, net	`UnrealizedGainLossOnInvestments`	$-65.10M	USD	1 Quarter
Unrealized (loss) gain on investments, net	`UnrealizedGainLossOnInvestments`	$1.08M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$54.86M	USD	2 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$106.41M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-52.94M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$326.62M	USD	2 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-295.00K	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-323.00K	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-703.00K	USD	2 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-616.00K	USD	2 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$6.87M	USD	2 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$3.23M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$3.40M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$6.33M	USD	2 Qtrs
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$4.84M	USD	2 Qtrs
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$2.47M	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$7.44M	USD	2 Qtrs
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$3.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$146.55M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$-43.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$29.34M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.17M	USD	2 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.92M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.92M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.48M	USD	2 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.85M	USD	2 Qtrs
Preferred stock redemption charge	`PreferredStockRedemptionPremium`	-	USD	1 Quarter
Preferred stock redemption charge	`PreferredStockRedemptionPremium`	-	USD	2 Qtrs
Preferred stock redemption charge	`PreferredStockRedemptionPremium`	$2.99M	USD	2 Qtrs
Preferred stock redemption charge	`PreferredStockRedemptionPremium`	-	USD	1 Quarter
Net income (loss) to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-45.68M	USD	1 Quarter
Net income (loss) to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$66.70M	USD	2 Qtrs
Net income (loss) to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$27.41M	USD	1 Quarter
Net income (loss) to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$142.70M	USD	2 Qtrs
Unrealized (loss) gain on available-for-sale investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-60.91M	USD	1 Quarter
Unrealized (loss) gain on available-for-sale investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$16.28M	USD	1 Quarter
Unrealized (loss) gain on available-for-sale investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-44.18M	USD	2 Qtrs
Unrealized (loss) gain on available-for-sale investments, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-152.25M	USD	2 Qtrs
Reclassification adjustment for realized gain on available-for-sale investments, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$6.71M	USD	2 Qtrs
Reclassification adjustment for realized gain on available-for-sale investments, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	2 Qtrs
Reclassification adjustment for realized gain on available-for-sale investments, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$2.01M	USD	1 Quarter
Reclassification adjustment for realized gain on available-for-sale investments, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-50.89M	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-65.16M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$14.27M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-91.34M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-152.25M	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-60.91M	USD	1 Quarter
Comprehensive (loss) income to common shareholders	`ComprehensiveIncomeNetOfTax`	$-31.41M	USD	1 Quarter
Comprehensive (loss) income to common shareholders	`ComprehensiveIncomeNetOfTax`	$-33.50M	USD	1 Quarter
Comprehensive (loss) income to common shareholders	`ComprehensiveIncomeNetOfTax`	$-9.55M	USD	2 Qtrs
Comprehensive (loss) income to common shareholders	`ComprehensiveIncomeNetOfTax`	$15.81M	USD	2 Qtrs
Weighted average common shares-basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.96M	shares	2 Qtrs
Weighted average common shares-basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	29.40M	shares	2 Qtrs
Weighted average common shares-basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.19M	shares	1 Quarter
Weighted average common shares-basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	31.97M	shares	1 Quarter
Weighted average common shares-diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.56M	shares	1 Quarter
Weighted average common shares-diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.97M	shares	1 Quarter
Weighted average common shares-diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.56M	shares	2 Qtrs
Weighted average common shares-diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.33M	shares	2 Qtrs
Net income (loss) per common share-basic (in dollars per share)	`EarningsPerShareBasic`	$2.27	USD	2 Qtrs
Net income (loss) per common share-basic (in dollars per share)	`EarningsPerShareBasic`	$0.70	USD	1 Quarter
Net income (loss) per common share-basic (in dollars per share)	`EarningsPerShareBasic`	$3.76	USD	2 Qtrs
Net income (loss) per common share-basic (in dollars per share)	`EarningsPerShareBasic`	$-1.43	USD	1 Quarter
Net income (loss) per common share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.26	USD	2 Qtrs
Net income (loss) per common share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.72	USD	2 Qtrs
Net income (loss) per common share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.43	USD	1 Quarter
Net income (loss) per common share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.69	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.39	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.78	USD	2 Qtrs
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.78	USD	2 Qtrs
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.39	USD	1 Quarter

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$146.55M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$-43.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$29.34M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.17M	USD	2 Qtrs
Preferred stock, Shares Authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, Shares Authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred Stock, Shares Outstanding (in shares)	`PreferredStockSharesOutstanding`	4.46M	shares	Point-in-time
Realized loss (gain) on sale of investments, net	`DebtAndEquitySecuritiesRealizedGainLoss`	$6.71M	USD	2 Qtrs
Preferred Stock, Shares Outstanding (in shares)	`PreferredStockSharesOutstanding`	4.46M	shares	Point-in-time
Realized loss (gain) on sale of investments, net	`DebtAndEquitySecuritiesRealizedGainLoss`	$-18.55M	USD	2 Qtrs
Unrealized loss (gain) on investments, net	`UnrealizedGainLossOnInvestments`	$-176.35M	USD	2 Qtrs
Unrealized loss (gain) on investments, net	`UnrealizedGainLossOnInvestments`	$104.00K	USD	2 Qtrs
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	4.46M	shares	Point-in-time
Unrealized loss (gain) on investments, net	`UnrealizedGainLossOnInvestments`	$-65.10M	USD	1 Quarter
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	4.46M	shares	Point-in-time
Unrealized loss (gain) on investments, net	`UnrealizedGainLossOnInvestments`	$1.08M	USD	1 Quarter
Preferred Stock, Liquidation Preference, Value	`PreferredStockLiquidationPreferenceValue`	$111.50M	USD	Point-in-time
Gain on derivative instruments, net	`UnrealizedGainLossOnDerivatives`	$54.86M	USD	2 Qtrs
Preferred Stock, Liquidation Preference, Value	`PreferredStockLiquidationPreferenceValue`	$111.50M	USD	Point-in-time
Gain on derivative instruments, net	`UnrealizedGainLossOnDerivatives`	$326.62M	USD	2 Qtrs
Amortization of investment premiums, net	`AdjustmentForAmortization`	$60.12M	USD	2 Qtrs
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Amortization of investment premiums, net	`AdjustmentForAmortization`	$51.99M	USD	2 Qtrs
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other amortization and depreciation, net	`OtherDepreciationAndAmortization`	$1.11M	USD	2 Qtrs
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Other amortization and depreciation, net	`OtherDepreciationAndAmortization`	$1.14M	USD	2 Qtrs
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Share-based compensation expense	`ShareBasedCompensation`	$1.87M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$1.03M	USD	1 Quarter
Common Stock, Shares, Issued	`CommonStockSharesIssued`	36.67M	shares	Point-in-time
Share-based compensation expense	`ShareBasedCompensation`	$995.00K	USD	2 Qtrs
Common Stock, Shares, Issued	`CommonStockSharesIssued`	43.52M	shares	Point-in-time
Share-based compensation expense	`ShareBasedCompensation`	$544.00K	USD	1 Quarter
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	43.52M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	36.67M	shares	Point-in-time
Decrease in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-1.09M	USD	2 Qtrs
Decrease in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-332.00K	USD	2 Qtrs
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Increase (decrease) in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$446.00K	USD	2 Qtrs
Increase (decrease) in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-1.00M	USD	2 Qtrs
Change in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$6.20M	USD	2 Qtrs
Fair Value of Collateral Pledged	`PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged`	$2.37B	USD	Point-in-time
Change in other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$614.00K	USD	2 Qtrs
Fair Value of Collateral Pledged	`PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged`	$3.01B	USD	Point-in-time
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$70.74M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$67.85M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$1.05B	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$372.81M	USD	2 Qtrs
Principal payments received on investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$168.32M	USD	2 Qtrs
Principal payments received on investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$223.71M	USD	2 Qtrs
Proceeds from sales of investments	`ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale`	$327.70M	USD	2 Qtrs
Proceeds from sales of investments	`ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale`	$474.66M	USD	2 Qtrs
Principal payments received on mortgage loans held for investment	`ProceedsFromCollectionOfFinanceReceivables`	$1.17M	USD	2 Qtrs
Principal payments received on mortgage loans held for investment	`ProceedsFromCollectionOfFinanceReceivables`	$828.00K	USD	2 Qtrs
Net receipts on derivatives, including terminations	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$-425.89M	USD	2 Qtrs
Net receipts on derivatives, including terminations	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$-334.91M	USD	2 Qtrs
Increase in cash collateral posted by counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	$57.40M	USD	2 Qtrs
Increase in cash collateral posted by counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	$1.65M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$74.58M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$516.34M	USD	2 Qtrs
Borrowings under repurchase agreements	`ProceedsFromIssuanceOfDebt`	$11.01B	USD	2 Qtrs
Borrowings under repurchase agreements	`ProceedsFromIssuanceOfDebt`	$7.04B	USD	2 Qtrs
Repayments of repurchase agreement borrowings	`RepaymentsOfDebt`	$7.69B	USD	2 Qtrs
Repayments of repurchase agreement borrowings	`RepaymentsOfDebt`	$10.92B	USD	2 Qtrs
Principal payments on non-recourse collateralized financing	`ProceedsFromRepaymentsOfSecuredDebt`	$-118.00K	USD	2 Qtrs
Principal payments on non-recourse collateralized financing	`ProceedsFromRepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$224.35M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$109.44M	USD	2 Qtrs
Cash paid for redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$69.71M	USD	2 Qtrs
Cash paid for redemption of preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	-	USD	2 Qtrs
Cash paid for stock issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Cash paid for stock issuance costs	`PaymentsOfStockIssuanceCosts`	$330.00K	USD	2 Qtrs
Payments related to tax withholding for share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$725.00K	USD	2 Qtrs
Payments related to tax withholding for share-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$853.00K	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$42.80M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$32.72M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$200.44M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-571.26M	USD	2 Qtrs
Net increase in cash including cash posted to counterparties	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$15.82M	USD	2 Qtrs
Net increase in cash including cash posted to counterparties	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$342.88M	USD	2 Qtrs
Cash including cash posted to counterparties at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$421.31M	USD	Point-in-time
Cash including cash posted to counterparties at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$653.24M	USD	Point-in-time
Cash including cash posted to counterparties at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$310.36M	USD	Point-in-time
Cash including cash posted to counterparties at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$437.13M	USD	Point-in-time
Cash including cash posted to counterparties at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$421.31M	USD	Point-in-time
Cash including cash posted to counterparties at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$653.24M	USD	Point-in-time
Cash including cash posted to counterparties at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$310.36M	USD	Point-in-time
Cash including cash posted to counterparties at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$437.13M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$5.56M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$3.91M	USD	2 Qtrs

Stockholders Equity 63 line items

Line Item	Tag	Value	Unit	Period
Balance, Preferred shares outstanding (in shares)	`PreferredStockSharesOutstanding`	4.46M	shares	Point-in-time
Balance, Preferred shares outstanding (in shares)	`PreferredStockSharesOutstanding`	4.46M	shares	Point-in-time
Balance, Common shares outstanding	`CommonStockSharesOutstanding`	43.52M	shares	Point-in-time
Balance, Common shares outstanding	`CommonStockSharesOutstanding`	36.67M	shares	Point-in-time
Redemption of preferred stock	`StockRedeemedOrCalledDuringPeriodValue`	$69.71M	USD	1 Quarter
Balance, Preferred shares outstanding (in shares)	`PreferredStockSharesOutstanding`	4.46M	shares	Point-in-time
Balance, Preferred shares outstanding (in shares)	`PreferredStockSharesOutstanding`	4.46M	shares	Point-in-time
Balance, Common shares outstanding	`CommonStockSharesOutstanding`	43.52M	shares	Point-in-time
Balance, Common shares outstanding	`CommonStockSharesOutstanding`	36.67M	shares	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$842.37M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$771.28M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$633.45M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$731.28M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$785.63M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$755.63M	USD	Point-in-time
Stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$4.25M	USD	1 Quarter
Stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$68.30M	USD	1 Quarter
Stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$128.15M	USD	1 Quarter
Stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$105.20M	USD	1 Quarter
Preferred stock redemption charge	`PreferredStockRedemptionPremium`	-	USD	1 Quarter
Preferred stock redemption charge	`PreferredStockRedemptionPremium`	-	USD	2 Qtrs
Preferred stock redemption charge	`PreferredStockRedemptionPremium`	$2.99M	USD	2 Qtrs
Preferred stock redemption charge	`PreferredStockRedemptionPremium`	-	USD	1 Quarter
Restricted stock granted, net of amortization	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$440.00K	USD	1 Quarter
Restricted stock granted, net of amortization	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$444.00K	USD	1 Quarter
Restricted stock granted, net of amortization	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$451.00K	USD	1 Quarter
Restricted stock granted, net of amortization	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$451.00K	USD	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period	`ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod`	19,093.00	shares	1 Quarter
Other share-based compensation, net of amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$601.00K	USD	1 Quarter
Other share-based compensation, net of amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$100.00K	USD	1 Quarter
Other share-based compensation, net of amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$395.00K	USD	1 Quarter
Adjustments for tax withholding on share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$489.00K	USD	1 Quarter
Adjustments for tax withholding on share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$425.00K	USD	1 Quarter
Adjustments for tax withholding on share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$236.00K	USD	1 Quarter
Adjustments for tax withholding on share-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$428.00K	USD	1 Quarter
Stock issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$270.00K	USD	1 Quarter
Stock issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$43.00K	USD	1 Quarter
Stock issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$16.00K	USD	1 Quarter
Stock issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$16.00K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-43.76M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$117.21M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$117.93M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$29.34M	USD	1 Quarter
Dividends on preferred stock	`DividendsPreferredStockCash`	$1.92M	USD	1 Quarter
Dividends on preferred stock	`DividendsPreferredStockCash`	$1.92M	USD	1 Quarter
Dividends on preferred stock	`DividendsPreferredStockCash`	$1.92M	USD	1 Quarter
Dividends on preferred stock	`DividendsPreferredStockCash`	$2.56M	USD	1 Quarter
Dividends on common stock	`DividendsCommonStockCash`	$14.43M	USD	1 Quarter
Dividends on common stock	`DividendsCommonStockCash`	$12.61M	USD	1 Quarter
Dividends on common stock	`DividendsCommonStockCash`	$15.51M	USD	1 Quarter
Dividends on common stock	`DividendsCommonStockCash`	$10.59M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-50.89M	USD	2 Qtrs
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-65.16M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$14.27M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-91.34M	USD	1 Quarter
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-152.25M	USD	2 Qtrs
Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-60.91M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$842.37M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$771.28M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$633.45M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$731.28M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$785.63M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$755.63M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.