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10-Q Filing

MFA FINANCIAL, INC. CIK: 1055160 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0001055160-15-000052
Period End Date 20150331
Filing Date 20150505
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance mfa-20150331.xml
Balance Sheet 85 line items
Line Item Tag Value Unit Period
Residential whole loans, at carrying value, pledged as collateral (in dollars) LoansPledgedAsCollateral $66.75M USD Point-in-time
Residential whole loans, at carrying value, pledged as collateral (in dollars) LoansPledgedAsCollateral $67.54M USD Point-in-time
Residential whole loans, at fair value, pledged as collateral (in dollars) PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue $143.07M USD Point-in-time
Residential whole loans, at fair value, pledged as collateral (in dollars) PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue $142.44M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Mortgage-backed securities AvailableForSaleSecurities $12.65B USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Mortgage-backed securities AvailableForSaleSecurities $10.76B USD Point-in-time
Securities obtained and pledged as collateral, at fair value SecuritiesReceivedAsCollateral $512.11M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 8.05M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 8.05M shares Point-in-time
Securities obtained and pledged as collateral, at fair value SecuritiesReceivedAsCollateral $506.86M USD Point-in-time
Residential whole loans, at carrying value ($66,748 and $67,536 pledged as collateral, respectively) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet $242.78M USD Point-in-time
Residential whole loans, at carrying value ($66,748 and $67,536 pledged as collateral, respectively) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet $207.92M USD Point-in-time
Preferred stock, dividend rate (as a percent) PreferredStockDividendRatePercentage 0.07 pure 1 Quarter
Preferred stock, dividend rate (as a percent) PreferredStockDividendRatePercentage 0.07 pure 1 Quarter
Residential whole loans, at fair value ($142,438 and $143,072 pledged as collateral, respectively) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue $144.51M USD Point-in-time
Residential whole loans, at fair value ($142,438 and $143,072 pledged as collateral, respectively) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue $143.47M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 8.00M shares Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 8.00M shares Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 8.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $565.37M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $274.67M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $168.72M USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 8.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $182.44M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $93.29M USD Point-in-time
Preferred stock, aggregate liquidation preference (in dollars) PreferredStockLiquidationPreferenceValue $200.00M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $67.25M USD Point-in-time
Preferred stock, aggregate liquidation preference (in dollars) PreferredStockLiquidationPreferenceValue $200.00M USD Point-in-time
Interest receivable InterestReceivable $32.88M USD Point-in-time
Interest receivable InterestReceivable $31.26M 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
Common stock, shares authorized CommonStockSharesAuthorized 886.95M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 886.95M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 370.08M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 370.13M shares Point-in-time
MBS linked transactions, net (Linked Transactions), at fair value MBSLinkedTransactionsNet - USD Point-in-time
MBS linked transactions, net (Linked Transactions), at fair value MBSLinkedTransactionsNet $398.34M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 370.13M shares Point-in-time
Interest rate swap agreements (Swaps), at fair value DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral $3.14M USD Point-in-time
Interest rate swap agreements (Swaps), at fair value DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral $1.05M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 370.08M shares Point-in-time
Goodwill Goodwill $7.19M USD Point-in-time
Goodwill Goodwill $7.19M USD Point-in-time
Prepaid and other assets PrepaidExpenseAndOtherAssets $50.78M USD Point-in-time
Prepaid and other assets PrepaidExpenseAndOtherAssets $39.01M USD Point-in-time
Total Assets Assets $12.35B USD Point-in-time
Total Assets Assets $13.90B USD Point-in-time
Repurchase agreements SecuritiesSoldUnderAgreementsToRepurchaseGross $9.81B USD Point-in-time
Repurchase agreements SecuritiesSoldUnderAgreementsToRepurchaseGross $8.27B USD Point-in-time
Securitized debt OtherSecuredFinancings $91.28M USD Point-in-time
Securitized debt OtherSecuredFinancings $110.57M USD Point-in-time
Obligation to return securities obtained as collateral, at fair value ObligationToReturnSecuritiesReceivedAsCollateral $506.86M USD Point-in-time
Obligation to return securities obtained as collateral, at fair value ObligationToReturnSecuritiesReceivedAsCollateral $512.11M 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 $13.10M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $12.34M USD Point-in-time
Swaps, at fair value DerivativeFairValueOfDerivativeLiability $62.20M USD Point-in-time
Swaps, at fair value DerivativeFairValueOfDerivativeLiability $92.48M USD Point-in-time
Dividends and dividend equivalents rights (DERs) payable DividendsPayableCurrentAndNoncurrent $73.88M USD Point-in-time
Dividends and dividend equivalents rights (DERs) payable DividendsPayableCurrentAndNoncurrent $74.58M USD Point-in-time
Dividends and dividend equivalents rights (DERs) payable DividendsPayableCurrentAndNoncurrent $74.53M USD Point-in-time
Accrued expenses and other liabilities OtherLiabilities $6.45M USD Point-in-time
Accrued expenses and other liabilities OtherLiabilities $11.58M USD Point-in-time
Total Liabilities Liabilities $10.69B USD Point-in-time
Total Liabilities Liabilities $9.15B 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; 370,134 and 370,084 shares issued and outstanding, respectively CommonStockValue $3.70M USD Point-in-time
Common stock, $.01 par value; 886,950 shares authorized; 370,134 and 370,084 shares issued and outstanding, respectively CommonStockValue $3.70M USD Point-in-time
Additional paid-in capital, in excess of par AdditionalPaidInCapital $3.01B USD Point-in-time
Additional paid-in capital, in excess of par AdditionalPaidInCapital $3.01B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-568.60M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-569.03M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $758.83M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $754.45M USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.20B USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.21B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $13.90B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $12.35B USD Point-in-time
Income Statement 51 line items
Line Item Tag Value Unit Period
Residential whole loans held at carrying value InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate - USD 1 Quarter
Residential whole loans held at carrying value InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate $3.59M USD 1 Quarter
Cash and cash equivalent investments InterestIncomeDepositsWithFinancialInstitutions $26.00K USD 1 Quarter
Cash and cash equivalent investments InterestIncomeDepositsWithFinancialInstitutions $27.00K USD 1 Quarter
Interest Income InterestAndDividendIncomeOperating $121.17M USD 1 Quarter
Interest Income InterestAndDividendIncomeOperating $129.94M USD 1 Quarter
Repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $36.73M USD 1 Quarter
Repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $41.18M USD 1 Quarter
Securitized debt InterestExpenseDebt $2.19M USD 1 Quarter
Securitized debt InterestExpenseDebt $750.00K USD 1 Quarter
Senior Notes InterestExpenseOtherLongTermDebt $2.01M USD 1 Quarter
Senior Notes InterestExpenseOtherLongTermDebt $2.01M USD 1 Quarter
Interest Expense InterestExpense $43.94M USD 1 Quarter
Interest Expense InterestExpense $40.92M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $80.25M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $86.00M USD 1 Quarter
Total other-than-temporary impairment losses MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount - USD 1 Quarter
Total other-than-temporary impairment losses MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount $395.00K USD 1 Quarter
Portion of loss reclassed from other comprehensive income OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent - USD 1 Quarter
Portion of loss reclassed from other comprehensive income OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent $12.00K USD 1 Quarter
Net Impairment Losses Recognized in Earnings OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet - USD 1 Quarter
Net Impairment Losses Recognized in Earnings OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet $407.00K USD 1 Quarter
Unrealized net gains and net interest income from Linked Transactions GainOnLinkedTransactions - USD 1 Quarter
Unrealized net gains and net interest income from Linked Transactions GainOnLinkedTransactions $3.25M USD 1 Quarter
Net income on residential whole loans held at fair value MortgageLoansonRealEstateGainLossonLoansatFairValue $2.58M USD 1 Quarter
Net income on residential whole loans held at fair value MortgageLoansonRealEstateGainLossonLoansatFairValue - USD 1 Quarter
Gain on sales of MBS AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $3.57M USD 1 Quarter
Gain on sales of MBS AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $6.43M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $-416.00K USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $26.00K USD 1 Quarter
Other Income, net NoninterestIncome $6.41M USD 1 Quarter
Other Income, net NoninterestIncome $9.04M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $6.51M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $6.75M USD 1 Quarter
Other general and administrative expense OtherGeneralAndAdministrativeExpense $3.46M USD 1 Quarter
Other general and administrative expense OtherGeneralAndAdministrativeExpense $3.96M USD 1 Quarter
Other investment related operating expenses OtherCostAndExpenseOperating - USD 1 Quarter
Other investment related operating expenses OtherCostAndExpenseOperating $2.26M USD 1 Quarter
Operating and Other Expense CostsAndExpenses $10.47M USD 1 Quarter
Operating and Other Expense CostsAndExpenses $12.46M USD 1 Quarter
Net Income NetIncomeLoss $76.19M USD 1 Quarter
Net Income NetIncomeLoss $82.17M USD 1 Quarter
Less Preferred Stock Dividends PreferredStockDividendsIncomeStatementImpact $3.75M USD 1 Quarter
Less Preferred Stock Dividends PreferredStockDividendsIncomeStatementImpact $3.75M USD 1 Quarter
Net Income Available to Common Stock and Participating Securities NetIncomeLossAvailableToCommonStockholdersBasic $72.44M USD 1 Quarter
Net Income Available to Common Stock and Participating Securities NetIncomeLossAvailableToCommonStockholdersBasic $78.42M USD 1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.21 USD 1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.20 USD 1 Quarter
Dividends Declared per Share of Common Stock (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Dividends Declared per Share of Common Stock (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Dividends Declared per Share of Common Stock (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Cash Flow Statement 85 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $76.19M USD 1 Quarter
Net income NetIncomeLoss $82.17M USD 1 Quarter
Gain on sales of MBS AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $3.57M USD 1 Quarter
Gain on sales of MBS AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $6.43M USD 1 Quarter
Other-than-temporary impairment charges OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet - USD 1 Quarter
Other-than-temporary impairment charges OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet $407.00K USD 1 Quarter
Accretion of purchase discounts on MBS and CRT securities and residential whole loans AccretionofPurchaseDiscounts $25.25M USD 1 Quarter
Accretion of purchase discounts on MBS and CRT securities and residential whole loans AccretionofPurchaseDiscounts $27.43M USD 1 Quarter
Amortization of purchase premiums on MBS AmortizationOfPurchasePremiums $10.21M USD 1 Quarter
Amortization of purchase premiums on MBS AmortizationOfPurchasePremiums $9.12M USD 1 Quarter
Depreciation and amortization on real estate, fixed assets and other assets DepreciationAndAmortization $327.00K USD 1 Quarter
Depreciation and amortization on real estate, fixed assets and other assets DepreciationAndAmortization $115.00K USD 1 Quarter
Equity-based compensation expense ShareBasedCompensation $912.00K USD 1 Quarter
Equity-based compensation expense ShareBasedCompensation $1.48M USD 1 Quarter
Unrealized gain on residential whole loans at fair value UnrealizedGainLossOnInvestments $602.00K USD 1 Quarter
Unrealized gain on residential whole loans at fair value UnrealizedGainLossOnInvestments - USD 1 Quarter
Unrealized gains on derivative instruments UnrealizedGainLossOnDerivatives $2.08M USD 1 Quarter
Unrealized gains on derivative instruments UnrealizedGainLossOnDerivatives - USD 1 Quarter
Increase in interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $863.00K USD 1 Quarter
Increase in interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $364.00K USD 1 Quarter
Increase in prepaid and other assets IncreaseDecreaseInOtherOperatingAssets $12.94M USD 1 Quarter
Increase in prepaid and other assets IncreaseDecreaseInOtherOperatingAssets $9.64M USD 1 Quarter
Decrease in accrued expenses and other liabilities, and excise tax and interest IncreaseDecreaseInOtherOperatingLiabilities $-5.37M USD 1 Quarter
Decrease in accrued expenses and other liabilities, and excise tax and interest IncreaseDecreaseInOtherOperatingLiabilities $-3.75M USD 1 Quarter
Increase in accrued interest payable on financial instruments IncreaseDecreaseInInterestPayableNet $10.06M USD 1 Quarter
Increase in accrued interest payable on financial instruments IncreaseDecreaseInInterestPayableNet $7.38M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $48.27M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $51.83M USD 1 Quarter
Principal payments on MBS and CRT securities ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments $438.15M USD 1 Quarter
Principal payments on MBS and CRT securities ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments $588.09M USD 1 Quarter
Proceeds from sale of MBS ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $15.50M USD 1 Quarter
Proceeds from sale of MBS ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $10.85M USD 1 Quarter
Purchases of MBS and CRT securities PaymentsToAcquireInvestments $888.11M USD 1 Quarter
Purchases of MBS and CRT securities PaymentsToAcquireInvestments $518.13M USD 1 Quarter
Purchases of residential whole loans PaymentsToAcquireLoansHeldForInvestment - USD 1 Quarter
Purchases of residential whole loans PaymentsToAcquireLoansHeldForInvestment $40.17M USD 1 Quarter
Principal payments on residential whole loans ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment $6.26M USD 1 Quarter
Principal payments on residential whole loans ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment - USD 1 Quarter
Additions to leasehold improvements, furniture and fixtures PaymentsToAcquireProductiveAssets $158.00K USD 1 Quarter
Additions to leasehold improvements, furniture and fixtures PaymentsToAcquireProductiveAssets $85.00K USD 1 Quarter
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $46.74M USD 1 Quarter
Net cash provided by/(used in) investing activities NetCashProvidedByUsedInInvestingActivities $-434.54M USD 1 Quarter
Principal payments on repurchase agreements PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchase $20.20B USD 1 Quarter
Principal payments on repurchase agreements PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchase $25.54B USD 1 Quarter
Proceeds from borrowings under repurchase agreements ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase $20.47B USD 1 Quarter
Proceeds from borrowings under repurchase agreements ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase $25.56B USD 1 Quarter
Principal payments on securitized debt PaymentsOnSecuritizedDebt $19.19M USD 1 Quarter
Principal payments on securitized debt PaymentsOnSecuritizedDebt $73.26M USD 1 Quarter
Cash disbursements on financial instruments underlying Linked Transactions PrincipalPaymentsOnLinkedTransactions $374.07M USD 1 Quarter
Cash disbursements on financial instruments underlying Linked Transactions PrincipalPaymentsOnLinkedTransactions - USD 1 Quarter
Cash received from financial instruments underlying Linked Transactions ProceedsFromLinkedTransactions - USD 1 Quarter
Cash received from financial instruments underlying Linked Transactions ProceedsFromLinkedTransactions $344.50M USD 1 Quarter
Payments made for margin calls on repurchase agreements and Swaps PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives $98.00M USD 1 Quarter
Payments made for margin calls on repurchase agreements and Swaps PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives $29.00M USD 1 Quarter
Proceeds from reverse margin calls on repurchase agreements and Swaps ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives $60.00M USD 1 Quarter
Proceeds from reverse margin calls on repurchase agreements and Swaps ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives $30.00M USD 1 Quarter
Proceeds from issuances of common stock ProceedsFromIssuanceOfCommonStock $312.00K USD 1 Quarter
Proceeds from issuances of common stock ProceedsFromIssuanceOfCommonStock $7.62M USD 1 Quarter
Dividends paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $3.75M USD 1 Quarter
Dividends paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $3.75M USD 1 Quarter
Dividends paid on common stock and DERs PaymentsOfDividendsCommonStock $73.29M USD 1 Quarter
Dividends paid on common stock and DERs PaymentsOfDividendsCommonStock $74.27M USD 1 Quarter
Net cash (used in)/provided by financing activities NetCashProvidedByUsedInFinancingActivities $95.58M USD 1 Quarter
Net cash (used in)/provided by financing activities NetCashProvidedByUsedInFinancingActivities $-112.29M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-13.72M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-290.70M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $565.37M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $274.67M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $168.72M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $182.44M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $565.37M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $274.67M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $168.72M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $182.44M USD Point-in-time
MBS and CRT securities recorded upon adoption of revised accounting standard for repurchase agreement financing MBSandCRTsecuritiesrecordeduponadoptionofrevisedaccountingstandard $1.92B USD 1 Quarter
MBS and CRT securities recorded upon adoption of revised accounting standard for repurchase agreement financing MBSandCRTsecuritiesrecordeduponadoptionofrevisedaccountingstandard - USD 1 Quarter
Repurchase agreements recorded upon adoption of revised accounting standard for repurchase agreement financing Repurchaseagreementsrecordeduponadoptionofrevisedaccountingstandard - USD 1 Quarter
Repurchase agreements recorded upon adoption of revised accounting standard for repurchase agreement financing Repurchaseagreementsrecordeduponadoptionofrevisedaccountingstandard $1.52B USD 1 Quarter
Net increase in securities obtained as collateral/obligation to return securities obtained as collateral SecuritiesObtainedAsCollateralNetOfReturns $47.77M USD 1 Quarter
Net increase in securities obtained as collateral/obligation to return securities obtained as collateral SecuritiesObtainedAsCollateralNetOfReturns $20.99M USD 1 Quarter
Transfer from residential whole loans to real estate owned TransferToOtherRealEstate $3.45M USD 1 Quarter
Transfer from residential whole loans to real estate owned TransferToOtherRealEstate - USD 1 Quarter
Dividends and DERs declared and unpaid DividendsPayableCurrentAndNoncurrent $73.88M USD Point-in-time
Dividends and DERs declared and unpaid DividendsPayableCurrentAndNoncurrent $74.58M USD Point-in-time
Dividends and DERs declared and unpaid DividendsPayableCurrentAndNoncurrent $74.53M USD Point-in-time
Stockholders Equity 21 line items
Line Item Tag Value Unit Period
Preferred Stock, dividend rate (as a percent) PreferredStockDividendRatePercentage 0.07 pure 1 Quarter
Preferred Stock, dividend rate (as a percent) PreferredStockDividendRatePercentage 0.07 pure 1 Quarter
Balance StockholdersEquity $3.20B USD Point-in-time
Balance StockholdersEquity $3.21B USD Point-in-time
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing OtherComprehensiveIncomeCumulativeEffectOfChangeInAccountingPrincipleNetOfTaxes $4.54M USD 1 Quarter
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing OtherComprehensiveIncomeCumulativeEffectOfChangeInAccountingPrincipleNetOfTaxes - USD 1 Quarter
Net income NetIncomeLoss $76.19M USD 1 Quarter
Net income NetIncomeLoss $82.17M USD 1 Quarter
Issuance of common stock, net of expenses StockIssuedDuringPeriodValueNewIssues $312.00K USD 1 Quarter
Repurchase of shares of common stock StockRepurchasedAndRetiredDuringPeriodValue $151.00K USD 1 Quarter
Repurchase of shares of common stock (in shares) StockRepurchasedAndRetiredDuringPeriodShares 0.00 shares 1 Quarter
Equity based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $912.00K USD 1 Quarter
Accrued dividends attributable to stock-based awards AdjustmentsToAdditionalPaidInCapitalOther $-113.00K USD 1 Quarter
Dividends declared on common stock DividendsCommonStock $74.07M USD 1 Quarter
Dividends declared on preferred stock DividendsPreferredStock $3.75M USD 1 Quarter
Dividends declared on preferred stock DividendsPreferredStock $3.75M USD 1 Quarter
Dividends attributable to DERs DividendsDividendEquivalentRights $249.00K USD 1 Quarter
Change in unrealized gains on MBS and CRT securities, net OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $32.20M USD 1 Quarter
Change in unrealized losses on derivative hedging instruments, net OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $-32.37M USD 1 Quarter
Balance StockholdersEquity $3.20B USD Point-in-time
Balance StockholdersEquity $3.21B USD Point-in-time
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $76.19M USD 1 Quarter
Net income NetIncomeLoss $82.17M USD 1 Quarter
Reclassification adjustment for MBS sales included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $6.42M USD 1 Quarter
Reclassification adjustment for MBS sales included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $2.95M USD 1 Quarter
Reclassification adjustment for other-than-temporary impairments included in net income OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet - USD 1 Quarter
Reclassification adjustment for other-than-temporary impairments included in net income OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet $407.00K USD 1 Quarter
Unrealized loss on derivative hedging instruments, net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-32.37M USD 1 Quarter
Unrealized loss on derivative hedging instruments, net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-12.27M USD 1 Quarter
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 $-447.00K USD 1 Quarter
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing OtherComprehensiveIncomeCumulativeEffectOfChangeInAccountingPrincipleNetOfTaxes $4.54M USD 1 Quarter
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing OtherComprehensiveIncomeCumulativeEffectOfChangeInAccountingPrincipleNetOfTaxes - USD 1 Quarter
Other Comprehensive Income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $54.49M USD 1 Quarter
Other Comprehensive Income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $4.38M USD 1 Quarter
Comprehensive income before preferred stock dividends ComprehensiveIncomeNetOfTax $130.68M USD 1 Quarter
Comprehensive income before preferred stock dividends ComprehensiveIncomeNetOfTax $86.55M USD 1 Quarter
Dividends declared on preferred stock PreferredStockDividendsIncomeStatementImpact $3.75M USD 1 Quarter
Dividends declared on preferred stock PreferredStockDividendsIncomeStatementImpact $3.75M USD 1 Quarter
Comprehensive Income Available to Common Stock and Participating Securities ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities $82.80M USD 1 Quarter
Comprehensive Income Available to Common Stock and Participating Securities ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities $126.93M USD 1 Quarter

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

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