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10-Q Filing

MFA FINANCIAL, INC. CIK: 1055160 Q1 2016
Filing Information
Form Type 10-Q
Accession Number 0001055160-16-000125
Period End Date 20160331
Filing Date 20160504
Fiscal Year 2016
Fiscal Period Q1
XBRL Instance mfa-20160331.xml
Balance Sheet 72 line items
Line Item Tag Value Unit Period
Residential whole loans, at carrying value, pledged as collateral (in dollars) LoansPledgedAsCollateral $200.85M USD Point-in-time
Residential whole loans, at carrying value, pledged as collateral (in dollars) LoansPledgedAsCollateral $93.69M USD Point-in-time
Residential whole loans, at fair value, pledged as collateral (in dollars) PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue $585.97M USD Point-in-time
Residential whole loans, at fair value, pledged as collateral (in dollars) PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue $609.77M USD Point-in-time
Mortgage-backed securities and credit risk securities AvailableForSaleSecurities $11.36B USD Point-in-time
Mortgage-backed securities and credit risk securities AvailableForSaleSecurities $10.86B USD Point-in-time
Securities obtained and pledged as collateral, at fair value SecuritiesReceivedAsCollateral $507.44M USD Point-in-time
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
Securities obtained and pledged as collateral, at fair value SecuritiesReceivedAsCollateral $513.41M USD Point-in-time
Residential whole loans, at carrying value ($200,854 and $93,692 pledged as collateral, respectively) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet $271.85M 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
Residential whole loans, at carrying value ($200,854 and $93,692 pledged as collateral, respectively) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet $376.24M USD Point-in-time
Preferred stock, dividend rate PreferredStockDividendRatePercentage 0.07 pure 1 Quarter
Preferred stock, dividend rate PreferredStockDividendRatePercentage 0.07 pure 1 Quarter
Residential whole loans, at fair value ($609,769 and $585,971 pledged as collateral, respectively) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue $623.28M USD Point-in-time
Residential whole loans, at fair value ($609,769 and $585,971 pledged as collateral, respectively) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue $647.36M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $182.44M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $168.72M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $146.24M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 8.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $165.01M USD 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
Restricted cash RestrictedCashAndCashEquivalents $71.54M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $123.68M USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 8.00M shares Point-in-time
Other assets OtherAssets $176.08M USD Point-in-time
Preferred stock, aggregate liquidation preference (in dollars) PreferredStockLiquidationPreferenceValue $200.00M USD Point-in-time
Preferred stock, aggregate liquidation preference (in dollars) PreferredStockLiquidationPreferenceValue $200.00M USD Point-in-time
Other assets OtherAssets $166.80M USD Point-in-time
Total Assets Assets $12.84B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Total Assets Assets $13.16B 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
Repurchase agreements and other advances SecuritiesSoldunderAgreementstoRepurchaseandOtherAdvanceObligations $9.39B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 370.58M shares Point-in-time
Repurchase agreements and other advances SecuritiesSoldunderAgreementstoRepurchaseandOtherAdvanceObligations $9.14B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 370.98M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 370.98M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 370.58M shares Point-in-time
Securitized debt OtherSecuredFinancings $21.87M USD Point-in-time
Securitized debt OtherSecuredFinancings $11.82M USD Point-in-time
Obligation to return securities obtained as collateral, at fair value ObligationToReturnSecuritiesReceivedAsCollateral $507.44M USD Point-in-time
Obligation to return securities obtained as collateral, at fair value ObligationToReturnSecuritiesReceivedAsCollateral $513.41M USD Point-in-time
8% Senior Notes due 2042 (Senior Notes) SeniorNotes $96.71M USD Point-in-time
8% Senior Notes due 2042 (Senior Notes) SeniorNotes $96.70M USD Point-in-time
Other liabilities OtherLiabilities $217.21M USD Point-in-time
Other liabilities OtherLiabilities $181.66M USD Point-in-time
Total Liabilities Liabilities $10.20B USD Point-in-time
Total Liabilities Liabilities $9.98B USD Point-in-time
Commitments and contingencies (See Note 14) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (See Note 14) 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; 370,977 and 370,584 shares issued and outstanding, respectively CommonStockValue $3.71M USD Point-in-time
Common stock, $.01 par value; 886,950 shares authorized; 370,977 and 370,584 shares issued and outstanding, respectively CommonStockValue $3.71M USD Point-in-time
Additional paid-in capital, in excess of par AdditionalPaidInCapital $3.02B USD Point-in-time
Additional paid-in capital, in excess of par AdditionalPaidInCapital $3.02B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-572.45M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-572.33M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $515.85M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $410.41M USD Point-in-time
Total Stockholders Equity StockholdersEquity $2.86B USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.21B USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.20B USD Point-in-time
Total Stockholders Equity StockholdersEquity $2.97B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $13.16B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $12.84B USD Point-in-time
Income Statement 46 line items
Line Item Tag Value Unit Period
Residential whole loans held at carrying value InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate $3.59M USD 1 Quarter
Residential whole loans held at carrying value InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate $4.50M USD 1 Quarter
Cash and cash equivalent investments InterestIncomeDepositsWithFinancialInstitutions $27.00K USD 1 Quarter
Cash and cash equivalent investments InterestIncomeDepositsWithFinancialInstitutions $140.00K USD 1 Quarter
Interest Income InterestAndDividendIncomeOperating $129.94M USD 1 Quarter
Interest Income InterestAndDividendIncomeOperating $117.48M USD 1 Quarter
Repurchase agreements and other advances InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $45.40M USD 1 Quarter
Repurchase agreements and other advances InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $41.18M USD 1 Quarter
Senior Notes and other interest expense InterestExpenseDebt $2.21M USD 1 Quarter
Senior Notes and other interest expense InterestExpenseDebt $2.76M USD 1 Quarter
Interest Expense InterestExpense $43.94M USD 1 Quarter
Interest Expense InterestExpense $47.60M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $86.00M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $69.88M USD 1 Quarter
Total other-than-temporary impairment losses MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount $395.00K USD 1 Quarter
Total other-than-temporary impairment losses MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount - 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
Net gain on residential whole loans held at fair value MortgageLoansonRealEstateGainLossonLoansatFairValue $11.88M USD 1 Quarter
Net gain on residential whole loans held at fair value MortgageLoansonRealEstateGainLossonLoansatFairValue $2.03M USD 1 Quarter
Gain on sales of MBS AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $6.43M USD 1 Quarter
Gain on sales of MBS AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $9.74M USD 1 Quarter
Other, net OtherOperatingIncomeExpenseNet $311.00K USD 1 Quarter
Other, net OtherOperatingIncomeExpenseNet $1.03M USD 1 Quarter
Other Income, net NoninterestIncome $22.65M USD 1 Quarter
Other Income, net NoninterestIncome $8.78M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $7.41M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $6.75M USD 1 Quarter
Other general and administrative expense OtherGeneralAndAdministrativeExpense $3.92M USD 1 Quarter
Other general and administrative expense OtherGeneralAndAdministrativeExpense $3.46M USD 1 Quarter
Loan servicing and other related operating expenses OtherCostAndExpenseOperating $2.00M USD 1 Quarter
Loan servicing and other related operating expenses OtherCostAndExpenseOperating $3.13M USD 1 Quarter
Operating and Other Expense CostsAndExpenses $12.20M USD 1 Quarter
Operating and Other Expense CostsAndExpenses $14.46M USD 1 Quarter
Net Income NetIncomeLoss $82.17M USD 1 Quarter
Net Income NetIncomeLoss $78.07M 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 $74.32M 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
Cash Flow Statement 82 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $82.17M USD 1 Quarter
Net income NetIncomeLoss $78.07M USD 1 Quarter
Gain on sales of MBS AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $6.43M USD 1 Quarter
Gain on sales of MBS AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $9.74M USD 1 Quarter
(Gain)/loss on sales of real estate owned GainsLossesOnSalesOfOtherRealEstate $509.00K USD 1 Quarter
(Gain)/loss on sales of real estate owned GainsLossesOnSalesOfOtherRealEstate $-26.00K 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 $22.08M USD 1 Quarter
Accretion of purchase discounts on MBS and CRT securities and residential whole loans AccretionofPurchaseDiscounts $25.25M USD 1 Quarter
Amortization of purchase premiums on MBS AmortizationOfPurchasePremiums $8.14M 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 $272.00K 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 $1.13M USD 1 Quarter
Unrealized gain on residential whole loans at fair value UnrealizedGainLossOnInvestments $6.23M USD 1 Quarter
Unrealized gain on residential whole loans at fair value UnrealizedGainLossOnInvestments $602.00K USD 1 Quarter
Increase in other assets IncreaseDecreaseInOtherOperatingAssets $13.91M USD 1 Quarter
Increase in other assets IncreaseDecreaseInOtherOperatingAssets $6.26M USD 1 Quarter
(Decrease)/increase in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-3.80M USD 1 Quarter
(Decrease)/increase in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $4.69M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $51.25M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $39.00M USD 1 Quarter
Principal payments on MBS and CRT securities ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments $588.09M USD 1 Quarter
Principal payments on MBS and CRT securities ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments $807.35M USD 1 Quarter
Proceeds from sales of MBS ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $10.85M USD 1 Quarter
Proceeds from sales of MBS ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $32.03M USD 1 Quarter
Purchases of MBS and CRT securities PaymentsToAcquireInvestments $375.40M USD 1 Quarter
Purchases of MBS and CRT securities PaymentsToAcquireInvestments $518.13M USD 1 Quarter
Purchases of residential whole loans and capitalized advances PaymentsToAcquireLoansHeldForInvestment $165.51M USD 1 Quarter
Purchases of residential whole loans and capitalized advances 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 $21.67M USD 1 Quarter
Proceeds from sales of real estate owned ProceedsFromRealEstateOwned $6.16M USD 1 Quarter
Proceeds from sales of real estate owned ProceedsFromRealEstateOwned $581.00K USD 1 Quarter
Redemption of Federal Home Loan Bank stock ProceedsFromSaleOfFederalHomeLoanBankStock - USD 1 Quarter
Redemption of Federal Home Loan Bank stock ProceedsFromSaleOfFederalHomeLoanBankStock $10.47M USD 1 Quarter
Additions to leasehold improvements, furniture and fixtures PaymentsToAcquireProductiveAssets $158.00K USD 1 Quarter
Additions to leasehold improvements, furniture and fixtures PaymentsToAcquireProductiveAssets $56.00K USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $336.71M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $47.32M USD 1 Quarter
Principal payments on repurchase agreements and other advances PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $19.78B USD 1 Quarter
Principal payments on repurchase agreements and other advances PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $23.33B USD 1 Quarter
Proceeds from borrowings under repurchase agreements and other advances ProceedsfromSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $19.53B USD 1 Quarter
Proceeds from borrowings under repurchase agreements and other advances ProceedsfromSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $23.35B USD 1 Quarter
Principal payments on securitized debt PaymentsOnSecuritizedDebt $19.19M USD 1 Quarter
Principal payments on securitized debt PaymentsOnSecuritizedDebt $10.13M USD 1 Quarter
Payments made for margin calls on repurchase agreements and interest rate swap agreements (Swaps) PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives $117.80M USD 1 Quarter
Payments made for margin calls on repurchase agreements and interest rate swap agreements (Swaps) PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives $98.00M 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 $55.70M USD 1 Quarter
Proceeds from issuances of common stock ProceedsFromIssuanceOfCommonStock $312.00K USD 1 Quarter
Proceeds from issuances of common stock ProceedsFromIssuanceOfCommonStock $306.00K 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 dividend equivalents PaymentsOfDividendsCommonStock $74.42M USD 1 Quarter
Dividends paid on common stock and dividend equivalents PaymentsOfDividendsCommonStock $74.27M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-112.29M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-394.48M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-13.72M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-18.77M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $182.44M 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 $146.24M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $165.01M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $182.44M 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 $146.24M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $165.01M USD Point-in-time
MBS and CRT securities recorded upon adoption of revised accounting standard for repurchase agreement financing MBSandCRTsecuritiesrecordeduponadoptionofrevisedaccountingstandard - USD 1 Quarter
MBS and CRT securities recorded upon adoption of revised accounting standard for repurchase agreement financing MBSandCRTsecuritiesrecordeduponadoptionofrevisedaccountingstandard $1.92B 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 Annual
Repurchase agreements recorded upon adoption of revised accounting standard for repurchase agreement financing Repurchaseagreementsrecordeduponadoptionofrevisedaccountingstandard $1.52B USD 1 Quarter
Net (decrease)/increase in securities obtained as collateral/obligation to return securities obtained as collateral SecuritiesObtainedAsCollateralNetOfReturns $-5.17M USD 1 Quarter
Net (decrease)/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 $22.28M USD 1 Quarter
Transfer from residential whole loans to real estate owned TransferToOtherRealEstate $3.45M USD 1 Quarter
Dividends and dividend equivalents declared and unpaid DividendsPayableCurrentAndNoncurrent $74.58M USD Point-in-time
Dividends and dividend equivalents declared and unpaid DividendsPayableCurrentAndNoncurrent $74.58M USD Point-in-time
Dividends and dividend equivalents declared and unpaid DividendsPayableCurrentAndNoncurrent $74.58M USD Point-in-time
Stockholders Equity 34 line items
Line Item Tag Value Unit Period
Preferred Stock, dividend rate PreferredStockDividendRatePercentage 0.07 pure 1 Quarter
Preferred Stock, dividend rate PreferredStockDividendRatePercentage 0.07 pure 1 Quarter
Balance StockholdersEquity $2.86B USD Point-in-time
Balance StockholdersEquity $3.21B USD Point-in-time
Balance StockholdersEquity $3.20B USD Point-in-time
Balance StockholdersEquity $2.97B 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 $4.50M USD Point-in-time
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing OtherComprehensiveIncomeCumulativeEffectOfChangeInAccountingPrincipleNetOfTaxes - USD 1 Quarter
Net income NetIncomeLoss $82.17M USD 1 Quarter
Net income NetIncomeLoss $78.07M USD 1 Quarter
Issuance of common stock, net of expenses StockIssuedDuringPeriodValueNewIssues $306.00K 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 StockRepurchasedAndRetiredDuringPeriodValue $1.32M USD 1 Quarter
Repurchase of shares of common stock (in shares) StockRepurchasedAndRetiredDuringPeriodShares 0.00 shares 1 Quarter
Equity based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.13M USD 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
Accrued dividends attributable to stock-based awards AdjustmentsToAdditionalPaidInCapitalOther $-173.00K USD 1 Quarter
Dividends declared on common stock DividendsCommonStock $74.07M USD 1 Quarter
Dividends declared on common stock DividendsCommonStock $74.22M 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 dividend equivalents DividendsDividendEquivalentRights $218.00K USD 1 Quarter
Dividends attributable to dividend equivalents DividendsDividendEquivalentRights $249.00K USD 1 Quarter
Change in unrealized losses on MBS, net OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-56.10M USD 1 Quarter
Change in unrealized losses on MBS, net OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $32.20M USD 1 Quarter
Change in unrealized losses on derivative hedging instruments, net OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $-49.34M USD 1 Quarter
Change in unrealized losses on derivative hedging instruments, net OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $-32.37M USD 1 Quarter
Balance StockholdersEquity $2.86B USD Point-in-time
Balance StockholdersEquity $3.21B USD Point-in-time
Balance StockholdersEquity $3.20B USD Point-in-time
Balance StockholdersEquity $2.97B USD Point-in-time
Comprehensive Income 19 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $82.17M USD 1 Quarter
Net income NetIncomeLoss $78.07M 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 $10.48M 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 $-49.34M USD 1 Quarter
Unrealized loss on derivative hedging instruments, net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-32.37M 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 $4.50M USD Point-in-time
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing OtherComprehensiveIncomeCumulativeEffectOfChangeInAccountingPrincipleNetOfTaxes - USD 1 Quarter
Other Comprehensive (Loss)/Income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $4.38M USD 1 Quarter
Other Comprehensive (Loss)/Income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-105.44M USD 1 Quarter
Comprehensive (loss)/income before preferred stock dividends ComprehensiveIncomeNetOfTax $86.55M USD 1 Quarter
Comprehensive (loss)/income before preferred stock dividends ComprehensiveIncomeNetOfTax $-27.37M 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 (Loss)/Income Available to Common Stock and Participating Securities ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities $82.80M USD 1 Quarter
Comprehensive (Loss)/Income Available to Common Stock and Participating Securities ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities $-31.12M USD 1 Quarter

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

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