10-Q Filing

MFA FINANCIAL, INC. CIK: 1055160 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001055160-14-000122`
Period End Date	20140930
Filing Date	20141104
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	mfa-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 99 Cash Flow Statement 91 Stockholders Equity 23 Comprehensive Income 36

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, dividend rate (as a percent)	`PreferredStockDividendRatePercentage`	0.07	pure	Annual
Preferred stock, dividend rate (as a percent)	`PreferredStockDividendRatePercentage`	0.07	pure	3 Qtrs
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	8.05M	shares	Point-in-time
Mortgage-backed securities	`AvailableForSaleSecurities`	$11.37B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	8.05M	shares	Point-in-time
Mortgage-backed securities	`AvailableForSaleSecurities`	$10.94B	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	8.00M	shares	Point-in-time
Securities obtained and pledged as collateral, at fair value	`SecuritiesReceivedAsCollateral`	$383.74M	USD	Point-in-time
Securities obtained and pledged as collateral, at fair value	`SecuritiesReceivedAsCollateral`	$442.37M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	8.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$423.89M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	8.00M	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	8.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$503.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$401.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$565.37M	USD	Point-in-time
Preferred stock, aggregate liquidation preference (in dollars)	`PreferredStockLiquidationPreferenceValue`	$200.00M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$43.75M	USD	Point-in-time
Preferred stock, aggregate liquidation preference (in dollars)	`PreferredStockLiquidationPreferenceValue`	$200.00M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$37.52M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Interest receivable	`InterestReceivable`	$35.83M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$32.50M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	886.95M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	886.95M	shares	Point-in-time
MBS linked transactions, net (Linked Transactions), at fair value	`MBSLinkedTransactionsNet`	$190.68M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	365.12M	shares	Point-in-time
MBS linked transactions, net (Linked Transactions), at fair value	`MBSLinkedTransactionsNet`	$28.18M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	368.72M	shares	Point-in-time
Interest rate swap agreements (Swaps), at fair value	`DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral`	$13.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	368.72M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	365.12M	shares	Point-in-time
Interest rate swap agreements (Swaps), at fair value	`DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral`	$4.32M	USD	Point-in-time
Goodwill	`Goodwill`	$7.19M	USD	Point-in-time
Goodwill	`Goodwill`	$7.19M	USD	Point-in-time
Prepaid and other assets (See Notes 2(d) and 15)	`PrepaidExpenseAndOtherAssets`	$29.72M	USD	Point-in-time
Prepaid and other assets (See Notes 2(d) and 15)	`PrepaidExpenseAndOtherAssets`	$160.57M	USD	Point-in-time
Total Assets	`Assets`	$12.24B	USD	Point-in-time
Total Assets	`Assets`	$12.47B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchaseGross`	$8.34B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchaseGross`	$8.13B	USD	Point-in-time
Securitized debt	`OtherSecuredFinancings`	$366.20M	USD	Point-in-time
Securitized debt	`OtherSecuredFinancings`	$156.28M	USD	Point-in-time
Obligation to return securities obtained as collateral, at fair value	`ObligationToReturnSecuritiesReceivedAsCollateral`	$383.74M	USD	Point-in-time
Obligation to return securities obtained as collateral, at fair value	`ObligationToReturnSecuritiesReceivedAsCollateral`	$442.37M	USD	Point-in-time
8% Senior Notes due 2042 (Senior Notes)	`SeniorNotes`	$100.00M	USD	Point-in-time
8% Senior Notes due 2042 (Senior Notes)	`SeniorNotes`	$100.00M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$14.73M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$12.17M	USD	Point-in-time
Swaps, at fair value	`DerivativeFairValueOfDerivativeLiability`	$35.49M	USD	Point-in-time
Swaps, at fair value	`DerivativeFairValueOfDerivativeLiability`	$28.22M	USD	Point-in-time
Dividends and dividend equivalents rights (DERs) payable	`DividendsPayableCurrentAndNoncurrent`	$73.64M	USD	Point-in-time
Dividends and dividend equivalents rights (DERs) payable	`DividendsPayableCurrentAndNoncurrent`	$74.13M	USD	Point-in-time
Dividends and dividend equivalents rights (DERs) payable	`DividendsPayableCurrentAndNoncurrent`	$81.17M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilities`	$23.83M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilities`	$42.87M	USD	Point-in-time
Total Liabilities	`Liabilities`	$8.99B	USD	Point-in-time
Total Liabilities	`Liabilities`	$9.33B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.01 par value; 7.50% Series B cumulative redeemable; 8,050 shares authorized; 8,000 shares issued and outstanding ($200,000 aggregate liquidation preference)	`PreferredStockValue`	$80.00K	USD	Point-in-time
Preferred stock, $.01 par value; 7.50% Series B cumulative redeemable; 8,050 shares authorized; 8,000 shares issued and outstanding ($200,000 aggregate liquidation preference)	`PreferredStockValue`	$80.00K	USD	Point-in-time
Common stock, $.01 par value; 886,950 shares authorized; 368,721 and 365,125 shares issued and outstanding, respectively	`CommonStockValue`	$3.69M	USD	Point-in-time
Common stock, $.01 par value; 886,950 shares authorized; 368,721 and 365,125 shares issued and outstanding, respectively	`CommonStockValue`	$3.65M	USD	Point-in-time
Additional paid-in capital, in excess of par	`AdditionalPaidInCapital`	$2.97B	USD	Point-in-time
Additional paid-in capital, in excess of par	`AdditionalPaidInCapital`	$3.00B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-570.11M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-571.54M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$737.70M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$817.53M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.25B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.14B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$12.24B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$12.47B	USD	Point-in-time

Income Statement 99 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$63.00K	USD	3 Qtrs
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$20.00K	USD	1 Quarter
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$93.00K	USD	3 Qtrs
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$21.00K	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$361.89M	USD	3 Qtrs
Interest Income	`InterestAndDividendIncomeOperating`	$110.96M	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$350.78M	USD	3 Qtrs
Interest Income	`InterestAndDividendIncomeOperating`	$118.48M	USD	1 Quarter
Repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$109.35M	USD	3 Qtrs
Repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$35.94M	USD	1 Quarter
Repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$37.11M	USD	1 Quarter
Repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$105.19M	USD	3 Qtrs
Securitized debt	`InterestExpenseDebt`	$5.47M	USD	3 Qtrs
Securitized debt	`InterestExpenseDebt`	$2.83M	USD	1 Quarter
Securitized debt	`InterestExpenseDebt`	$1.42M	USD	1 Quarter
Securitized debt	`InterestExpenseDebt`	$9.38M	USD	3 Qtrs
Senior Notes	`InterestExpenseOtherLongTermDebt`	$6.02M	USD	3 Qtrs
Senior Notes	`InterestExpenseOtherLongTermDebt`	$2.01M	USD	1 Quarter
Senior Notes	`InterestExpenseOtherLongTermDebt`	$6.02M	USD	3 Qtrs
Senior Notes	`InterestExpenseOtherLongTermDebt`	$2.01M	USD	1 Quarter
Interest Expense	`InterestExpense`	$120.59M	USD	3 Qtrs
Interest Expense	`InterestExpense`	$39.36M	USD	1 Quarter
Interest Expense	`InterestExpense`	$120.85M	USD	3 Qtrs
Interest Expense	`InterestExpense`	$41.95M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$76.53M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$241.31M	USD	3 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$71.60M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$229.93M	USD	3 Qtrs
Unrealized net gains and net interest income from Linked Transactions	`GainOnLinkedTransactions`	$2.56M	USD	1 Quarter
Unrealized net gains and net interest income from Linked Transactions	`GainOnLinkedTransactions`	$1.78M	USD	3 Qtrs
Unrealized net gains and net interest income from Linked Transactions	`GainOnLinkedTransactions`	$9.59M	USD	3 Qtrs
Unrealized net gains and net interest income from Linked Transactions	`GainOnLinkedTransactions`	$544.00K	USD	1 Quarter
Unrealized losses on TBA short positions	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-8.72M	USD	3 Qtrs
Unrealized losses on TBA short positions	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	-	USD	3 Qtrs
Unrealized losses on TBA short positions	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	-	USD	1 Quarter
Unrealized losses on TBA short positions	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-8.72M	USD	1 Quarter
Gain on sales of MBS and U.S. Treasury securities, net	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$13.88M	USD	1 Quarter
Gain on sales of MBS and U.S. Treasury securities, net	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$13.68M	USD	1 Quarter
Gain on sales of MBS and U.S. Treasury securities, net	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$19.68M	USD	3 Qtrs
Gain on sales of MBS and U.S. Treasury securities, net	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$25.30M	USD	3 Qtrs
Other, net	`NoninterestIncomeOtherOperatingIncome`	$1.25M	USD	1 Quarter
Other, net	`NoninterestIncomeOtherOperatingIncome`	$55.00K	USD	1 Quarter
Other, net	`NoninterestIncomeOtherOperatingIncome`	$165.00K	USD	3 Qtrs
Other, net	`NoninterestIncomeOtherOperatingIncome`	$1.54M	USD	3 Qtrs
Other Income, net	`NoninterestIncome`	$5.55M	USD	1 Quarter
Other Income, net	`NoninterestIncome`	$12.90M	USD	3 Qtrs
Other Income, net	`NoninterestIncome`	$36.43M	USD	3 Qtrs
Other Income, net	`NoninterestIncome`	$17.69M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$15.85M	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$5.29M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$18.38M	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$5.97M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$11.46M	USD	3 Qtrs
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$3.43M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$10.18M	USD	3 Qtrs
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$3.83M	USD	1 Quarter
Excise tax and interest	`ExciseTaxesandInterestExpense`	-	USD	1 Quarter
Excise tax and interest	`ExciseTaxesandInterestExpense`	-	USD	1 Quarter
Excise tax and interest	`ExciseTaxesandInterestExpense`	$2.00M	USD	3 Qtrs
Excise tax and interest	`ExciseTaxesandInterestExpense`	$1.18M	USD	3 Qtrs
Impairment of resecuritization related costs	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment of resecuritization related costs	`AssetImpairmentCharges`	$2.03M	USD	3 Qtrs
Impairment of resecuritization related costs	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of resecuritization related costs	`AssetImpairmentCharges`	$2.03M	USD	1 Quarter
Other investment related operating expenses	`OtherCostAndExpenseOperating`	$1.55M	USD	3 Qtrs
Other investment related operating expenses	`OtherCostAndExpenseOperating`	-	USD	3 Qtrs
Other investment related operating expenses	`OtherCostAndExpenseOperating`	-	USD	1 Quarter
Other investment related operating expenses	`OtherCostAndExpenseOperating`	$609.00K	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$10.41M	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$10.76M	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$30.06M	USD	3 Qtrs
Operating and Other Expense	`CostsAndExpenses`	$32.56M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$224.15M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$78.88M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$71.33M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$233.80M	USD	3 Qtrs
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$11.25M	USD	3 Qtrs
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$10.00M	USD	3 Qtrs
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.75M	USD	1 Quarter
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.75M	USD	1 Quarter
Less Issuance Costs of Redeemed Preferred Stock	`PreferredStockRedemptionPremium`	-	USD	1 Quarter
Less Issuance Costs of Redeemed Preferred Stock	`PreferredStockRedemptionPremium`	$3.95M	USD	3 Qtrs
Less Issuance Costs of Redeemed Preferred Stock	`PreferredStockRedemptionPremium`	-	USD	1 Quarter
Less Issuance Costs of Redeemed Preferred Stock	`PreferredStockRedemptionPremium`	-	USD	3 Qtrs
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$75.13M	USD	1 Quarter
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$67.58M	USD	1 Quarter
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$210.21M	USD	3 Qtrs
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$222.55M	USD	3 Qtrs
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.58	USD	3 Qtrs
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.20	USD	1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.60	USD	3 Qtrs
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.19	USD	1 Quarter
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	Point-in-time
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.50	USD	1 Quarter
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.60	USD	3 Qtrs
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	Point-in-time
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	Point-in-time
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.44	USD	3 Qtrs
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$224.15M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$78.88M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$233.80M	USD	3 Qtrs
Gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$13.88M	USD	1 Quarter
Gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$13.68M	USD	1 Quarter
Gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$19.68M	USD	3 Qtrs
Gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$25.30M	USD	3 Qtrs
Accretion of purchase discounts on MBS and other investments	`AccretionOfPurchaseDiscounts`	$68.87M	USD	3 Qtrs
Accretion of purchase discounts on MBS and other investments	`AccretionOfPurchaseDiscounts`	$48.32M	USD	3 Qtrs
Amortization of purchase premiums on MBS	`AmortizationOfPurchasePremiums`	$25.99M	USD	3 Qtrs
Amortization of purchase premiums on MBS	`AmortizationOfPurchasePremiums`	$47.20M	USD	3 Qtrs
Depreciation and amortization on fixed assets and other assets	`DepreciationAndAmortization`	$3.13M	USD	3 Qtrs
Depreciation and amortization on fixed assets and other assets	`DepreciationAndAmortization`	$936.00K	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$2.95M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$4.36M	USD	3 Qtrs
Unrealized (losses)/gains on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-8.32M	USD	3 Qtrs
Unrealized (losses)/gains on derivative instruments	`UnrealizedGainLossOnDerivatives`	$2.54M	USD	3 Qtrs
Decrease in interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-3.32M	USD	3 Qtrs
Decrease in interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-6.19M	USD	3 Qtrs
Increase in prepaid and other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.15M	USD	3 Qtrs
Increase in prepaid and other assets	`IncreaseDecreaseInOtherOperatingAssets`	$19.82M	USD	3 Qtrs
(Decrease)/increase in accrued expenses and other liabilities, and excise tax and interest	`IncreaseDecreaseInOtherOperatingLiabilities`	$10.84M	USD	3 Qtrs
(Decrease)/increase in accrued expenses and other liabilities, and excise tax and interest	`IncreaseDecreaseInOtherOperatingLiabilities`	$-6.43M	USD	3 Qtrs
Increase/(decrease) in accrued interest payable on financial instruments	`IncreaseDecreaseInInterestPayableNet`	$32.08M	USD	3 Qtrs
Increase/(decrease) in accrued interest payable on financial instruments	`IncreaseDecreaseInInterestPayableNet`	$-2.50M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$227.13M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$177.50M	USD	3 Qtrs
Principal payments on MBS and other investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments`	$2.23B	USD	3 Qtrs
Principal payments on MBS and other investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments`	$1.47B	USD	3 Qtrs
Proceeds from sale of MBS and U.S. Treasury securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$493.61M	USD	3 Qtrs
Proceeds from sale of MBS and U.S. Treasury securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$103.62M	USD	3 Qtrs
Purchases of MBS and other investments	`PaymentsToAcquireInvestments`	$1.07B	USD	3 Qtrs
Purchases of MBS and other investments	`PaymentsToAcquireInvestments`	$1.53B	USD	3 Qtrs
Additions to leasehold improvements, furniture and fixtures	`PaymentsToAcquireProductiveAssets`	$383.00K	USD	3 Qtrs
Additions to leasehold improvements, furniture and fixtures	`PaymentsToAcquireProductiveAssets`	$272.00K	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$1.19B	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$504.92M	USD	3 Qtrs
Principal payments on repurchase agreements	`PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchase`	$60.31B	USD	3 Qtrs
Principal payments on repurchase agreements	`PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchase`	$62.57B	USD	3 Qtrs
Proceeds from borrowings under repurchase agreements	`ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase`	$62.35B	USD	3 Qtrs
Proceeds from borrowings under repurchase agreements	`ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase`	$60.13B	USD	3 Qtrs
Proceeds from issuance of securitized debt	`ProceedsFromIssuanceOfSecuritizedDebt`	-	USD	3 Qtrs
Proceeds from issuance of securitized debt	`ProceedsFromIssuanceOfSecuritizedDebt`	$76.48M	USD	3 Qtrs
Principal payments on securitized debt	`PaymentsOnSecuritizedDebt`	$208.70M	USD	3 Qtrs
Principal payments on securitized debt	`PaymentsOnSecuritizedDebt`	$303.61M	USD	3 Qtrs
Payments made on obligation to return securities obtained as collateral	`RepaymentsOfSecuritiesReceivedAsCollateral`	$200.05M	USD	3 Qtrs
Payments made on obligation to return securities obtained as collateral	`RepaymentsOfSecuritiesReceivedAsCollateral`	-	USD	3 Qtrs
Maturity of obligation to return securities obtained as collateral	`MaturityOfObligationToReturnSecuritiesObtainedAsCollateral`	-	USD	3 Qtrs
Maturity of obligation to return securities obtained as collateral	`MaturityOfObligationToReturnSecuritiesObtainedAsCollateral`	$275.40M	USD	3 Qtrs
Cash disbursements on financial instruments underlying Linked Transactions	`PrincipalPaymentsOnLinkedTransactions`	$254.16M	USD	3 Qtrs
Cash disbursements on financial instruments underlying Linked Transactions	`PrincipalPaymentsOnLinkedTransactions`	$2.74B	USD	3 Qtrs
Cash received from financial instruments underlying Linked Transactions	`ProceedsFromLinkedTransactions`	$2.58B	USD	3 Qtrs
Cash received from financial instruments underlying Linked Transactions	`ProceedsFromLinkedTransactions`	$243.32M	USD	3 Qtrs
Payments made for margin calls on repurchase agreements and Swaps	`PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives`	$111.80M	USD	3 Qtrs
Payments made for margin calls on repurchase agreements and Swaps	`PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives`	$61.40M	USD	3 Qtrs
Proceeds from reverse margin calls on repurchase agreements and Swaps	`ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives`	$70.90M	USD	3 Qtrs
Proceeds from reverse margin calls on repurchase agreements and Swaps	`ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives`	$2.00M	USD	3 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$67.41M	USD	3 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$26.37M	USD	3 Qtrs
Payments made for redemption of Series A Preferred Stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	-	USD	3 Qtrs
Payments made for redemption of Series A Preferred Stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$96.00M	USD	3 Qtrs
Proceeds from issuance of Series B Preferred Stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$200.00M	USD	3 Qtrs
Proceeds from issuance of Series B Preferred Stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	3 Qtrs
Payments made for preferred stock offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Payments made for preferred stock offering costs	`PaymentsOfStockIssuanceCosts`	$6.68M	USD	3 Qtrs
Payments made to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Payments made to repurchase common stock	`PaymentsForRepurchaseOfCommonStock`	$27.00K	USD	3 Qtrs
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$11.25M	USD	3 Qtrs
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$10.00M	USD	3 Qtrs
Dividends paid on common stock and DERs	`PaymentsOfDividendsCommonStock`	$220.62M	USD	3 Qtrs
Dividends paid on common stock and DERs	`PaymentsOfDividendsCommonStock`	$514.01M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.32B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-823.90M	USD	3 Qtrs
Net (decrease)/increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$102.56M	USD	3 Qtrs
Net (decrease)/increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-141.48M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$423.89M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$503.85M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$401.29M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$565.37M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$423.89M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$503.85M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$401.29M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$565.37M	USD	Point-in-time
MBS recorded upon de-linking of Linked Transactions	`MortgageBackedSecuritiesRecordedUponDeLinking`	$36.26M	USD	3 Qtrs
MBS recorded upon de-linking of Linked Transactions	`MortgageBackedSecuritiesRecordedUponDeLinking`	-	USD	3 Qtrs
Net increase in securities obtained as collateral/obligation to return securities obtained as collateral	`SecuritiesObtainedAsCollateralNetOfReturns`	$63.69M	USD	3 Qtrs
Net increase in securities obtained as collateral/obligation to return securities obtained as collateral	`SecuritiesObtainedAsCollateralNetOfReturns`	$221.58M	USD	3 Qtrs
Dividends and DERs declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$73.64M	USD	Point-in-time
Dividends and DERs declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$74.13M	USD	Point-in-time
Dividends and DERs declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$81.17M	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Amount surrendered for tax purposes, equity-based compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$721.00K	USD	3 Qtrs
Shares for tax withholding, equity-based compensation awards	`SharesPaidForTaxWithholdingForShareBasedCompensation`	94,073.00	shares	3 Qtrs
Preferred Stock, dividend rate (as a percent)	`PreferredStockDividendRatePercentage`	0.07	pure	Annual
Preferred Stock, dividend rate (as a percent)	`PreferredStockDividendRatePercentage`	0.07	pure	3 Qtrs
Common Stock, Par Value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par Value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Balance	`StockholdersEquity`	$3.25B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.14B	USD	Point-in-time
Repurchase of shares of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	0.00	shares	3 Qtrs
Net income	`NetIncomeLoss`	$224.15M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$78.88M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$233.80M	USD	3 Qtrs
Dividends declared on preferred stock	`DividendsPreferredStock`	$3.75M	USD	1 Quarter
Dividends declared on preferred stock	`DividendsPreferredStock`	$10.00M	USD	3 Qtrs
Dividends declared on preferred stock	`DividendsPreferredStock`	$11.25M	USD	3 Qtrs
Dividends declared on preferred stock	`DividendsPreferredStock`	$3.75M	USD	1 Quarter
Change in unrealized gains on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-107.25M	USD	3 Qtrs
Change in unrealized gains on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$95.79M	USD	3 Qtrs
Change in unrealized gains on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-57.00M	USD	1 Quarter
Change in unrealized gains on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$16.69M	USD	1 Quarter
Balance	`StockholdersEquity`	$3.25B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.14B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$224.15M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$78.88M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$233.80M	USD	3 Qtrs
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$17.40M	USD	3 Qtrs
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$15.16M	USD	1 Quarter
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$21.18M	USD	3 Qtrs
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$13.59M	USD	1 Quarter
Unrealized gain/(loss) on derivative hedging instruments, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$23.50M	USD	1 Quarter
Unrealized gain/(loss) on derivative hedging instruments, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-19.93M	USD	1 Quarter
Unrealized gain/(loss) on derivative hedging instruments, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$10.93M	USD	3 Qtrs
Unrealized gain/(loss) on derivative hedging instruments, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-16.40M	USD	3 Qtrs
Reclassification of unrealized loss on de-designated derivative hedging instruments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	3 Qtrs
Reclassification of unrealized loss on de-designated derivative hedging instruments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-447.00K	USD	3 Qtrs
Reclassification of unrealized loss on de-designated derivative hedging instruments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	1 Quarter
Reclassification of unrealized loss on de-designated derivative hedging instruments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	1 Quarter
Other Comprehensive (Loss)/Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.24M	USD	1 Quarter
Other Comprehensive (Loss)/Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-96.31M	USD	3 Qtrs
Other Comprehensive (Loss)/Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-33.50M	USD	1 Quarter
Other Comprehensive (Loss)/Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$79.84M	USD	3 Qtrs
Comprehensive income before preferred stock dividends and issuance costs of redeemed preferred stock	`ComprehensiveIncomeNetOfTax`	$68.09M	USD	1 Quarter
Comprehensive income before preferred stock dividends and issuance costs of redeemed preferred stock	`ComprehensiveIncomeNetOfTax`	$45.38M	USD	1 Quarter
Comprehensive income before preferred stock dividends and issuance costs of redeemed preferred stock	`ComprehensiveIncomeNetOfTax`	$127.84M	USD	3 Qtrs
Comprehensive income before preferred stock dividends and issuance costs of redeemed preferred stock	`ComprehensiveIncomeNetOfTax`	$313.63M	USD	3 Qtrs
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$11.25M	USD	3 Qtrs
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$10.00M	USD	3 Qtrs
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$3.75M	USD	1 Quarter
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$3.75M	USD	1 Quarter
Issuance costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	-	USD	1 Quarter
Issuance costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	$3.95M	USD	3 Qtrs
Issuance costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	-	USD	1 Quarter
Issuance costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	-	USD	3 Qtrs
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$64.34M	USD	1 Quarter
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$302.38M	USD	3 Qtrs
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$113.89M	USD	3 Qtrs
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$41.63M	USD	1 Quarter

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