10-Q Filing

MFA FINANCIAL, INC. CIK: 1055160 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001055160-16-000135`
Period End Date	20160930
Filing Date	20161103
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	mfa-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 95 Cash Flow Statement 94 Stockholders Equity 40 Comprehensive Income 37

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Residential whole loans, at carrying value, pledged as collateral (in dollars)	`LoansPledgedAsCollateral`	$93.69M	USD	Point-in-time
Residential whole loans, at carrying value, pledged as collateral (in dollars)	`LoansPledgedAsCollateral`	$273.42M	USD	Point-in-time
Residential whole loans, at fair value, pledged as collateral (in dollars)	`PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue`	$618.42M	USD	Point-in-time
Residential whole loans, at fair value, pledged as collateral (in dollars)	`PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue`	$585.97M	USD	Point-in-time
Mortgage-backed securities and credit risk transfer securities	`AvailableForSaleSecurities`	$11.36B	USD	Point-in-time
Mortgage-backed securities and credit risk transfer securities	`AvailableForSaleSecurities`	$10.28B	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`	$507.44M	USD	Point-in-time
Securities obtained and pledged as collateral, at fair value	`SecuritiesReceivedAsCollateral`	$506.18M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	8.05M	shares	Point-in-time
Residential whole loans, at carrying value ($273,419 and $93,692 pledged as collateral, respectively)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$550.62M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	8.05M	shares	Point-in-time
Residential whole loans, at carrying value ($273,419 and $93,692 pledged as collateral, respectively)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$271.85M	USD	Point-in-time
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	3 Qtrs
Residential whole loans, at fair value ($618,416 and $585,971 pledged as collateral, respectively)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue`	$797.19M	USD	Point-in-time
Residential whole loans, at fair value ($618,416 and $585,971 pledged as collateral, respectively)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue`	$623.28M	USD	Point-in-time
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	Annual
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$165.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$288.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$182.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$174.16M	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
Restricted cash	`RestrictedCashAndCashEquivalents`	$71.54M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	8.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$122.66M	USD	Point-in-time
Preferred stock, aggregate liquidation preference (in dollars)	`PreferredStockLiquidationPreferenceValue`	$200.00M	USD	Point-in-time
Other assets	`OtherAssets`	$208.05M	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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total Assets	`Assets`	$12.75B	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
Common stock, shares issued	`CommonStockSharesIssued`	371.08M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	370.58M	shares	Point-in-time
Repurchase agreements and other advances	`SecuritiesSoldunderAgreementstoRepurchaseandOtherAdvanceObligations`	$8.70B	USD	Point-in-time
Repurchase agreements and other advances	`SecuritiesSoldunderAgreementstoRepurchaseandOtherAdvanceObligations`	$9.39B	USD	Point-in-time
Obligation to return securities obtained as collateral, at fair value	`ObligationToReturnSecuritiesReceivedAsCollateral`	$507.44M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	371.08M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	370.58M	shares	Point-in-time
Obligation to return securities obtained as collateral, at fair value	`ObligationToReturnSecuritiesReceivedAsCollateral`	$506.18M	USD	Point-in-time
8% Senior Notes due 2042 (Senior Notes)	`SeniorNotes`	$96.70M	USD	Point-in-time
8% Senior Notes due 2042 (Senior Notes)	`SeniorNotes`	$96.72M	USD	Point-in-time
Payable for unsettled residential whole loans purchases	`AccountsPayableOtherCurrentAndNoncurrent`	-	USD	Point-in-time
Payable for unsettled residential whole loans purchases	`AccountsPayableOtherCurrentAndNoncurrent`	$203.96M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$213.33M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$203.53M	USD	Point-in-time
Total Liabilities	`Liabilities`	$9.72B	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.20B	USD	Point-in-time
Commitments and contingencies (See Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 11)	`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; 371,083 and 370,584 shares issued and outstanding, respectively	`CommonStockValue`	$3.71M	USD	Point-in-time
Common stock, $.01 par value; 886,950 shares authorized; 371,083 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`	$-572.33M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-566.92M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$573.53M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$515.85M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.05B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.03B	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`	$12.75B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$13.16B	USD	Point-in-time
Securitized debt	`SecuredDebt`	-	USD	Point-in-time
Securitized debt	`SecuredDebt`	$21.87M	USD	Point-in-time

Income Statement 95 line items

Line Item	Tag	Value	Unit	Period
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$11.82M	USD	3 Qtrs
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$4.03M	USD	1 Quarter
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$16.11M	USD	3 Qtrs
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$5.92M	USD	1 Quarter
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$221.00K	USD	1 Quarter
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$531.00K	USD	3 Qtrs
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$32.00K	USD	1 Quarter
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$88.00K	USD	3 Qtrs
Interest Income	`InterestAndDividendIncomeOperating`	$112.72M	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$119.71M	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$373.64M	USD	3 Qtrs
Interest Income	`InterestAndDividendIncomeOperating`	$344.64M	USD	3 Qtrs
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$41.33M	USD	1 Quarter
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$122.74M	USD	3 Qtrs
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$46.16M	USD	1 Quarter
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$137.13M	USD	3 Qtrs
Senior Notes and other interest expense	`InterestExpenseDebt`	$2.37M	USD	1 Quarter
Senior Notes and other interest expense	`InterestExpenseDebt`	$7.76M	USD	3 Qtrs
Senior Notes and other interest expense	`InterestExpenseDebt`	$2.01M	USD	1 Quarter
Senior Notes and other interest expense	`InterestExpenseDebt`	$6.36M	USD	3 Qtrs
Interest Expense	`InterestExpense`	$43.70M	USD	1 Quarter
Interest Expense	`InterestExpense`	$143.49M	USD	3 Qtrs
Interest Expense	`InterestExpense`	$48.17M	USD	1 Quarter
Interest Expense	`InterestExpense`	$130.49M	USD	3 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$76.00M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$64.55M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$201.15M	USD	3 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$243.15M	USD	3 Qtrs
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	$1.25M	USD	1 Quarter
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	-	USD	1 Quarter
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	$525.00K	USD	3 Qtrs
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	$1.25M	USD	3 Qtrs
Portion of loss recognized in/(reclassed from) other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-770.00K	USD	3 Qtrs
Portion of loss recognized in/(reclassed from) other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-770.00K	USD	1 Quarter
Portion of loss recognized in/(reclassed from) other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	-	USD	1 Quarter
Portion of loss recognized in/(reclassed from) other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$180.00K	USD	3 Qtrs
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$485.00K	USD	3 Qtrs
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$485.00K	USD	1 Quarter
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$705.00K	USD	3 Qtrs
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	-	USD	1 Quarter
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$5.57M	USD	1 Quarter
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$18.70M	USD	1 Quarter
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$10.82M	USD	3 Qtrs
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$45.05M	USD	3 Qtrs
Gain on sales of MBS	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$25.25M	USD	3 Qtrs
Gain on sales of MBS	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$26.07M	USD	3 Qtrs
Gain on sales of MBS	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$11.20M	USD	1 Quarter
Gain on sales of MBS	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$7.08M	USD	1 Quarter
Other, net	`OtherOperatingIncomeExpenseNet`	$-626.00K	USD	3 Qtrs
Other, net	`OtherOperatingIncomeExpenseNet`	$-259.00K	USD	1 Quarter
Other, net	`OtherOperatingIncomeExpenseNet`	$8.12M	USD	1 Quarter
Other, net	`OtherOperatingIncomeExpenseNet`	$12.52M	USD	3 Qtrs
Other Income, net	`NoninterestIncome`	$16.50M	USD	1 Quarter
Other Income, net	`NoninterestIncome`	$35.45M	USD	3 Qtrs
Other Income, net	`NoninterestIncome`	$33.90M	USD	1 Quarter
Other Income, net	`NoninterestIncome`	$83.64M	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$21.51M	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$6.48M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$7.08M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$19.76M	USD	3 Qtrs
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$11.67M	USD	3 Qtrs
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$3.71M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$3.54M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$12.51M	USD	3 Qtrs
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$4.17M	USD	1 Quarter
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$10.27M	USD	3 Qtrs
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$6.71M	USD	3 Qtrs
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$2.98M	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$38.14M	USD	3 Qtrs
Operating and Other Expense	`CostsAndExpenses`	$12.99M	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$14.95M	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$44.28M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$239.75M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$83.01M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$79.51M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$240.03M	USD	3 Qtrs
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$11.25M	USD	3 Qtrs
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.75M	USD	1 Quarter
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$11.25M	USD	3 Qtrs
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.75M	USD	1 Quarter
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$228.50M	USD	3 Qtrs
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$79.26M	USD	1 Quarter
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$75.76M	USD	1 Quarter
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$228.78M	USD	3 Qtrs
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.61	USD	3 Qtrs
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`	$0.61	USD	3 Qtrs
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	Point-in-time
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`	$0.60	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	1 Quarter
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$239.75M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$83.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$240.03M	USD	3 Qtrs
Gain on sales of MBS	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$25.25M	USD	3 Qtrs
Gain on sales of MBS	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$26.07M	USD	3 Qtrs
Gain on sales of MBS	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$11.20M	USD	1 Quarter
Gain on sales of MBS	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$7.08M	USD	1 Quarter
(Gain)/loss on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$733.00K	USD	1 Quarter
(Gain)/loss on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$1.84M	USD	3 Qtrs
(Gain)/loss on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$-102.00K	USD	3 Qtrs
(Gain)/loss on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$-129.00K	USD	1 Quarter
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$485.00K	USD	3 Qtrs
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$485.00K	USD	1 Quarter
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$705.00K	USD	3 Qtrs
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	-	USD	1 Quarter
Accretion of purchase discounts on MBS and CRT securities and residential whole loans	`AccretionofPurchaseDiscounts`	$73.19M	USD	3 Qtrs
Accretion of purchase discounts on MBS and CRT securities and residential whole loans	`AccretionofPurchaseDiscounts`	$64.09M	USD	3 Qtrs
Amortization of purchase premiums on MBS	`AmortizationOfPurchasePremiums`	$32.74M	USD	3 Qtrs
Amortization of purchase premiums on MBS	`AmortizationOfPurchasePremiums`	$27.75M	USD	3 Qtrs
Depreciation and amortization on real estate, fixed assets and other assets	`DepreciationAndAmortization`	$567.00K	USD	3 Qtrs
Depreciation and amortization on real estate, fixed assets and other assets	`DepreciationAndAmortization`	$746.00K	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$4.14M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$3.60M	USD	3 Qtrs
Unrealized gain on residential whole loans at fair value	`UnrealizedGainLossOnInvestments`	$25.53M	USD	3 Qtrs
Unrealized gain on residential whole loans at fair value	`UnrealizedGainLossOnInvestments`	$3.87M	USD	3 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$47.76M	USD	3 Qtrs
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$23.45M	USD	3 Qtrs
(Decrease)/increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-9.03M	USD	3 Qtrs
(Decrease)/increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.61M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$98.84M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$155.32M	USD	3 Qtrs
Principal payments on MBS and CRT securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments`	$2.32B	USD	3 Qtrs
Principal payments on MBS and CRT securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments`	$2.58B	USD	3 Qtrs
Proceeds from sales of MBS	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$65.07M	USD	3 Qtrs
Proceeds from sales of MBS	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$50.70M	USD	3 Qtrs
Purchases of MBS and CRT securities	`PaymentsToAcquireInvestments`	$1.43B	USD	3 Qtrs
Purchases of MBS and CRT securities	`PaymentsToAcquireInvestments`	$1.40B	USD	3 Qtrs
Purchases of residential whole loans and capitalized advances	`PaymentsToAcquireLoansHeldForInvestment`	$458.15M	USD	3 Qtrs
Purchases of residential whole loans and capitalized advances	`PaymentsToAcquireLoansHeldForInvestment`	$367.74M	USD	3 Qtrs
Principal payments on residential whole loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$70.73M	USD	3 Qtrs
Principal payments on residential whole loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$27.05M	USD	3 Qtrs
Proceeds from sales of real estate owned	`ProceedsFromRealEstateOwned`	$21.83M	USD	3 Qtrs
Proceeds from sales of real estate owned	`ProceedsFromRealEstateOwned`	$3.87M	USD	3 Qtrs
Redemption of Federal Home Loan Bank stock	`ProceedsFromSaleOfFederalHomeLoanBankStock`	-	USD	3 Qtrs
Redemption of Federal Home Loan Bank stock	`ProceedsFromSaleOfFederalHomeLoanBankStock`	$49.59M	USD	3 Qtrs
Purchases of Federal Home Loan Bank stock	`PaymentsToAcquireFederalHomeLoanBankStock`	$10.62M	USD	3 Qtrs
Purchases of Federal Home Loan Bank stock	`PaymentsToAcquireFederalHomeLoanBankStock`	-	USD	3 Qtrs
Additions to leasehold improvements, furniture and fixtures	`PaymentsToAcquireProductiveAssets`	$1.09M	USD	3 Qtrs
Additions to leasehold improvements, furniture and fixtures	`PaymentsToAcquireProductiveAssets`	$380.00K	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$501.78M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.02B	USD	3 Qtrs
Principal payments on repurchase agreements and other advances	`PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$62.38B	USD	3 Qtrs
Principal payments on repurchase agreements and other advances	`PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$75.97B	USD	3 Qtrs
Proceeds from borrowings under repurchase agreements and other advances	`ProceedsfromSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$61.69B	USD	3 Qtrs
Proceeds from borrowings under repurchase agreements and other advances	`ProceedsfromSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$75.66B	USD	3 Qtrs
Principal payments on securitized debt	`RepaymentsOfOtherDebt`	$78.19M	USD	3 Qtrs
Principal payments on securitized debt	`RepaymentsOfOtherDebt`	$22.06M	USD	3 Qtrs
Payments made for margin calls on repurchase agreements and interest rate swap agreements (Swaps)	`PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives`	$198.82M	USD	3 Qtrs
Payments made for margin calls on repurchase agreements and interest rate swap agreements (Swaps)	`PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives`	$179.03M	USD	3 Qtrs
Proceeds from reverse margin calls on repurchase agreements and Swaps	`ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives`	$156.10M	USD	3 Qtrs
Proceeds from reverse margin calls on repurchase agreements and Swaps	`ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives`	$128.70M	USD	3 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$941.00K	USD	3 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$926.00K	USD	3 Qtrs
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$11.25M	USD	3 Qtrs
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$11.25M	USD	3 Qtrs
Dividends paid on common stock and dividend equivalents	`PaymentsOfDividendsCommonStock`	$223.38M	USD	3 Qtrs
Dividends paid on common stock and dividend equivalents	`PaymentsOfDividendsCommonStock`	$222.99M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-665.37M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-997.15M	USD	3 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$123.69M	USD	3 Qtrs
Net increase/(decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-8.28M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$165.01M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$288.70M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$182.44M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$174.16M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$165.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$288.70M	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`	$174.16M	USD	Point-in-time
MBS and CRT securities recorded upon adoption of revised accounting standard for repurchase agreement financing	`MBSandCRTsecuritiesrecordeduponadoptionofrevisedaccountingstandard`	-	USD	3 Qtrs
MBS and CRT securities recorded upon adoption of revised accounting standard for repurchase agreement financing	`MBSandCRTsecuritiesrecordeduponadoptionofrevisedaccountingstandard`	$1.92B	USD	3 Qtrs
Repurchase agreements recorded upon adoption of revised accounting standard for repurchase agreement financing	`Repurchaseagreementsrecordeduponadoptionofrevisedaccountingstandard`	$1.52B	USD	3 Qtrs
Repurchase agreements recorded upon adoption of revised accounting standard for repurchase agreement financing	`Repurchaseagreementsrecordeduponadoptionofrevisedaccountingstandard`	$1.50B	USD	Annual
Repurchase agreements recorded upon adoption of revised accounting standard for repurchase agreement financing	`Repurchaseagreementsrecordeduponadoptionofrevisedaccountingstandard`	-	USD	3 Qtrs
Net (decrease)/increase in securities obtained as collateral/obligation to return securities obtained as collateral	`SecuritiesObtainedAsCollateralNetOfReturns`	$25.15M	USD	3 Qtrs
Net (decrease)/increase in securities obtained as collateral/obligation to return securities obtained as collateral	`SecuritiesObtainedAsCollateralNetOfReturns`	$-13.45M	USD	3 Qtrs
Transfer from residential whole loans to real estate owned	`TransferToOtherRealEstate`	$5.89M	USD	1 Quarter
Transfer from residential whole loans to real estate owned	`TransferToOtherRealEstate`	$12.89M	USD	3 Qtrs
Transfer from residential whole loans to real estate owned	`TransferToOtherRealEstate`	$24.81M	USD	1 Quarter
Transfer from residential whole loans to real estate owned	`TransferToOtherRealEstate`	$69.80M	USD	3 Qtrs
Dividends and dividend equivalents declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$74.56M	USD	Point-in-time
Dividends and dividend equivalents declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$74.56M	USD	Point-in-time
Dividends and dividend equivalents declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$74.58M	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	3 Qtrs
Preferred Stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	Annual
Balance	`StockholdersEquity`	$3.05B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.03B	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	`OtherComprehensiveIncomeLossNetofTaxReclassificationofAdjustmentforChangesinAccountingPrinciples`	-	USD	1 Quarter
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing	`OtherComprehensiveIncomeLossNetofTaxReclassificationofAdjustmentforChangesinAccountingPrinciples`	$4.54M	USD	3 Qtrs
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing	`OtherComprehensiveIncomeLossNetofTaxReclassificationofAdjustmentforChangesinAccountingPrinciples`	-	USD	3 Qtrs
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing	`OtherComprehensiveIncomeLossNetofTaxReclassificationofAdjustmentforChangesinAccountingPrinciples`	$4.50M	USD	Point-in-time
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing	`OtherComprehensiveIncomeLossNetofTaxReclassificationofAdjustmentforChangesinAccountingPrinciples`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$239.75M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$83.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$240.03M	USD	3 Qtrs
Issuance of common stock, net of expenses	`StockIssuedDuringPeriodValueNewIssues`	$941.00K	USD	3 Qtrs
Issuance of common stock, net of expenses	`StockIssuedDuringPeriodValueNewIssues`	$926.00K	USD	3 Qtrs
Repurchase of shares of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.48M	USD	3 Qtrs
Repurchase of shares of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$466.00K	USD	3 Qtrs
Repurchase of shares of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	0.00	shares	3 Qtrs
Equity based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.14M	USD	3 Qtrs
Equity based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.60M	USD	3 Qtrs
Accrued dividends attributable to stock-based awards	`AdjustmentsToAdditionalPaidInCapitalOther`	$-518.00K	USD	3 Qtrs
Accrued dividends attributable to stock-based awards	`AdjustmentsToAdditionalPaidInCapitalOther`	$-338.00K	USD	3 Qtrs
Dividends declared on common stock	`DividendsCommonStock`	$222.24M	USD	3 Qtrs
Dividends declared on common stock	`DividendsCommonStock`	$222.67M	USD	3 Qtrs
Dividends declared on preferred stock	`DividendsPreferredStock`	$3.75M	USD	1 Quarter
Dividends declared on preferred stock	`DividendsPreferredStock`	$11.25M	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
Dividends attributable to dividend equivalents	`DividendsDividendEquivalentRights`	$778.00K	USD	3 Qtrs
Dividends attributable to dividend equivalents	`DividendsDividendEquivalentRights`	$697.00K	USD	3 Qtrs
Change in unrealized losses on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$97.48M	USD	3 Qtrs
Change in unrealized losses on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-114.30M	USD	3 Qtrs
Change in unrealized losses on derivative hedging instruments, net	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-39.80M	USD	3 Qtrs
Change in unrealized losses on derivative hedging instruments, net	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-46.39M	USD	3 Qtrs
Balance	`StockholdersEquity`	$3.05B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.20B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.97B	USD	Point-in-time

Comprehensive Income 37 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$239.75M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$83.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$240.03M	USD	3 Qtrs
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$26.80M	USD	3 Qtrs
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$6.83M	USD	1 Quarter
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$26.41M	USD	3 Qtrs
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$11.36M	USD	1 Quarter
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$485.00K	USD	3 Qtrs
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$485.00K	USD	1 Quarter
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$705.00K	USD	3 Qtrs
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	-	USD	1 Quarter
Unrealized gain/(loss) on derivative hedging instruments, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-40.88M	USD	1 Quarter
Unrealized gain/(loss) on derivative hedging instruments, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-39.80M	USD	3 Qtrs
Unrealized gain/(loss) on derivative hedging instruments, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$22.77M	USD	1 Quarter
Unrealized gain/(loss) on derivative hedging instruments, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-46.39M	USD	3 Qtrs
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing	`OtherComprehensiveIncomeLossNetofTaxReclassificationofAdjustmentforChangesinAccountingPrinciples`	-	USD	1 Quarter
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing	`OtherComprehensiveIncomeLossNetofTaxReclassificationofAdjustmentforChangesinAccountingPrinciples`	$4.54M	USD	3 Qtrs
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing	`OtherComprehensiveIncomeLossNetofTaxReclassificationofAdjustmentforChangesinAccountingPrinciples`	-	USD	3 Qtrs
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing	`OtherComprehensiveIncomeLossNetofTaxReclassificationofAdjustmentforChangesinAccountingPrinciples`	$4.50M	USD	Point-in-time
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing	`OtherComprehensiveIncomeLossNetofTaxReclassificationofAdjustmentforChangesinAccountingPrinciples`	-	USD	1 Quarter
Other Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$79.81M	USD	1 Quarter
Other Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$57.68M	USD	3 Qtrs
Other Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-96.29M	USD	1 Quarter
Other Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-156.16M	USD	3 Qtrs
Comprehensive income/(loss) before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$162.82M	USD	1 Quarter
Comprehensive income/(loss) before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$83.59M	USD	3 Qtrs
Comprehensive income/(loss) before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$297.71M	USD	3 Qtrs
Comprehensive income/(loss) before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$-16.78M	USD	1 Quarter
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$11.25M	USD	3 Qtrs
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$3.75M	USD	1 Quarter
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$11.25M	USD	3 Qtrs
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$3.75M	USD	1 Quarter
Comprehensive Income/(Loss) Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$72.34M	USD	3 Qtrs
Comprehensive Income/(Loss) Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$286.46M	USD	3 Qtrs
Comprehensive Income/(Loss) Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$-20.53M	USD	1 Quarter
Comprehensive Income/(Loss) Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$159.07M	USD	1 Quarter

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