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10-Q Filing

MFA FINANCIAL, INC. CIK: 1055160 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0001055160-17-000008
Period End Date 20170331
Filing Date 20170504
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance mfa-20170331.xml
Balance Sheet 70 line items
Line Item Tag Value Unit Period
Residential whole loans, at carrying value, pledged as collateral (in dollars) LoansPledgedAsCollateral $418.37M USD Point-in-time
Residential whole loans, at carrying value, pledged as collateral (in dollars) LoansPledgedAsCollateral $427.88M USD Point-in-time
Residential whole loans, at fair value, pledged as collateral (in dollars) PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue $745.04M USD Point-in-time
Residential whole loans, at fair value, pledged as collateral (in dollars) PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue $734.33M USD Point-in-time
Mortgage-backed securities and credit risk transfer securities AvailableForSaleSecurities $9.46B USD Point-in-time
Mortgage-backed securities and credit risk transfer securities AvailableForSaleSecurities $9.97B 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 SecuritiesHeldAsCollateralAtFairValue $371.33M 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 SecuritiesHeldAsCollateralAtFairValue $510.77M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 8.05M shares Point-in-time
Residential whole loans, at carrying value ($418,372 and $427,880 pledged as collateral, respectively) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet $573.72M USD Point-in-time
Residential whole loans, at carrying value ($418,372 and $427,880 pledged as collateral, respectively) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet $590.54M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 8.05M shares Point-in-time
Preferred stock, dividend rate PreferredStockDividendRatePercentage 0.07 pure 1 Quarter
Residential whole loans, at fair value ($745,044 and $734,331 pledged as collateral, respectively) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue $775.15M USD Point-in-time
Preferred stock, dividend rate PreferredStockDividendRatePercentage 0.07 pure Annual
Residential whole loans, at fair value ($745,044 and $734,331 pledged as collateral, respectively) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue $814.68M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $421.57M 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
Preferred stock, shares issued PreferredStockSharesIssued 8.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $165.01M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $260.11M USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 8.00M shares Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $10.98M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $58.46M USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 8.00M shares Point-in-time
Preferred stock, aggregate liquidation preference (in dollars) PreferredStockLiquidationPreferenceValue $200.00M USD Point-in-time
Other assets OtherAssets $280.30M USD Point-in-time
Preferred stock, aggregate liquidation preference (in dollars) PreferredStockLiquidationPreferenceValue $200.00M USD Point-in-time
Other assets OtherAssets $286.50M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Total Assets Assets $11.90B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Total Assets Assets $12.48B 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 $8.69B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 372.82M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 371.85M shares Point-in-time
Repurchase agreements and other advances SecuritiesSoldunderAgreementstoRepurchaseandOtherAdvanceObligations $8.14B USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 372.82M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 371.85M shares Point-in-time
Obligation to return securities obtained as collateral, at fair value ObligationToReturnSecuritiesReceivedAsCollateral $510.77M USD Point-in-time
Obligation to return securities obtained as collateral, at fair value ObligationToReturnSecuritiesReceivedAsCollateral $510.73M USD Point-in-time
8% Senior Notes due 2042 (Senior Notes) SeniorNotes $96.73M USD Point-in-time
8% Senior Notes due 2042 (Senior Notes) SeniorNotes $96.74M USD Point-in-time
Other liabilities OtherLiabilities $155.35M USD Point-in-time
Other liabilities OtherLiabilities $99.58M USD Point-in-time
Total Liabilities Liabilities $9.45B USD Point-in-time
Total Liabilities Liabilities $8.84B 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; 372,819 and 371,854 shares issued and outstanding, respectively CommonStockValue $3.72M USD Point-in-time
Common stock, $.01 par value; 886,950 shares authorized; 372,819 and 371,854 shares issued and outstanding, respectively CommonStockValue $3.73M USD Point-in-time
Additional paid-in capital, in excess of par AdditionalPaidInCapital $3.03B USD Point-in-time
Additional paid-in capital, in excess of par AdditionalPaidInCapital $3.03B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-572.64M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-573.13M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $594.66M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $573.68M USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.03B USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.06B USD Point-in-time
Total Stockholders Equity StockholdersEquity $2.97B USD Point-in-time
Total Stockholders Equity StockholdersEquity $2.86B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $11.90B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $12.48B USD Point-in-time
Income Statement 49 line items
Line Item Tag Value Unit Period
Residential whole loans held at carrying value InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate $4.44M USD 1 Quarter
Residential whole loans held at carrying value InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate $8.69M USD 1 Quarter
Other interest-earning investments InterestIncomeOther - USD 1 Quarter
Other interest-earning investments InterestIncomeOther $1.70M USD 1 Quarter
Cash and cash equivalent investments InterestIncomeDepositsWithFinancialInstitutions $140.00K USD 1 Quarter
Cash and cash equivalent investments InterestIncomeDepositsWithFinancialInstitutions $355.00K USD 1 Quarter
Interest Income InterestAndDividendIncomeOperating $117.42M USD 1 Quarter
Interest Income InterestAndDividendIncomeOperating $117.26M USD 1 Quarter
Repurchase agreements and other advances InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $48.34M USD 1 Quarter
Repurchase agreements and other advances InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $45.40M USD 1 Quarter
Senior Notes and other interest expense InterestExpenseDebt $2.21M USD 1 Quarter
Senior Notes and other interest expense InterestExpenseDebt $2.01M USD 1 Quarter
Interest Expense InterestExpense $50.35M USD 1 Quarter
Interest Expense InterestExpense $47.60M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $66.91M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $69.82M USD 1 Quarter
Total other-than-temporary impairment losses MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount $63.00K 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 $351.00K USD 1 Quarter
Net Impairment Losses Recognized in Earnings OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet $414.00K USD 1 Quarter
Net Impairment Losses Recognized in Earnings OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet - USD 1 Quarter
Net gain on residential whole loans held at fair value MortgageLoansonRealEstateGainLossonLoansatFairValue $12.35M USD 1 Quarter
Net gain on residential whole loans held at fair value MortgageLoansonRealEstateGainLossonLoansatFairValue $13.77M USD 1 Quarter
Net gain on sales of MBS and U.S. Treasury securities AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $9.74M USD 1 Quarter
Net gain on sales of MBS and U.S. Treasury securities AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $9.71M USD 1 Quarter
Other, net OtherOperatingIncomeExpenseNet $619.00K USD 1 Quarter
Other, net OtherOperatingIncomeExpenseNet $4.51M USD 1 Quarter
Other Income, net NoninterestIncome $27.99M USD 1 Quarter
Other Income, net NoninterestIncome $22.71M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $7.41M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $7.79M USD 1 Quarter
Other general and administrative expense OtherGeneralAndAdministrativeExpense $4.22M USD 1 Quarter
Other general and administrative expense OtherGeneralAndAdministrativeExpense $3.92M USD 1 Quarter
Loan servicing and other related operating expenses OtherCostAndExpenseOperating $4.41M USD 1 Quarter
Loan servicing and other related operating expenses OtherCostAndExpenseOperating $3.13M USD 1 Quarter
Operating and Other Expense CostsAndExpenses $16.43M USD 1 Quarter
Operating and Other Expense CostsAndExpenses $14.46M USD 1 Quarter
Net Income NetIncomeLoss $78.07M USD 1 Quarter
Net Income NetIncomeLoss $78.06M 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 $74.31M USD 1 Quarter
Net Income Available to Common Stock and Participating Securities NetIncomeLossAvailableToCommonStockholdersBasic $74.32M USD 1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.20 USD 1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.20 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 $0.20 USD 1 Quarter
Dividends Declared per Share of Common Stock (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Cash Flow Statement 77 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $78.07M USD 1 Quarter
Net income NetIncomeLoss $78.06M USD 1 Quarter
Gain on sales of MBS and U.S. Treasury securities AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $9.74M USD 1 Quarter
Gain on sales of MBS and U.S. Treasury securities AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $9.71M USD 1 Quarter
Gain on sales of real estate owned GainsLossesOnSalesOfOtherRealEstate $875.00K USD 1 Quarter
Gain on sales of real estate owned GainsLossesOnSalesOfOtherRealEstate $509.00K USD 1 Quarter
Other-than-temporary impairment charges OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet $414.00K USD 1 Quarter
Other-than-temporary impairment charges OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet - USD 1 Quarter
Accretion of purchase discounts on MBS and CRT securities and residential whole loans AccretionofPurchaseDiscounts $23.68M USD 1 Quarter
Accretion of purchase discounts on MBS and CRT securities and residential whole loans AccretionofPurchaseDiscounts $22.08M USD 1 Quarter
Amortization of purchase premiums on MBS and CRT securities AmortizationOfPurchasePremiums $8.03M USD 1 Quarter
Amortization of purchase premiums on MBS and CRT securities AmortizationOfPurchasePremiums $8.14M USD 1 Quarter
Depreciation and amortization on real estate, fixed assets and other assets DepreciationAndAmortization $210.00K USD 1 Quarter
Depreciation and amortization on real estate, fixed assets and other assets DepreciationAndAmortization $272.00K USD 1 Quarter
Equity-based compensation expense ShareBasedCompensation $1.11M USD 1 Quarter
Equity-based compensation expense ShareBasedCompensation $1.13M USD 1 Quarter
Unrealized gain on residential whole loans at fair value UnrealizedGainLossOnInvestments $2.95M USD 1 Quarter
Unrealized gain on residential whole loans at fair value UnrealizedGainLossOnInvestments $6.23M USD 1 Quarter
Decrease/(increase) in other assets IncreaseDecreaseInOtherOperatingAssets $6.26M USD 1 Quarter
Decrease/(increase) in other assets IncreaseDecreaseInOtherOperatingAssets $-5.24M USD 1 Quarter
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-12.39M USD 1 Quarter
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-3.80M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $43.45M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $39.00M USD 1 Quarter
Principal payments on MBS and CRT securities and other investments ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments $807.35M USD 1 Quarter
Principal payments on MBS and CRT securities and other investments ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments $762.75M USD 1 Quarter
Proceeds from sales of MBS and U.S. Treasury securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $160.70M USD 1 Quarter
Proceeds from sales of MBS and U.S. Treasury securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $32.03M USD 1 Quarter
Purchases of MBS and CRT securities and other investments PaymentsToAcquireInvestments $244.58M USD 1 Quarter
Purchases of MBS and CRT securities and other investments PaymentsToAcquireInvestments $375.40M USD 1 Quarter
Purchases of residential whole loans and capitalized advances PaymentsToAcquireLoansHeldForInvestment $5.03M USD 1 Quarter
Purchases of residential whole loans and capitalized advances PaymentsToAcquireLoansHeldForInvestment $165.51M USD 1 Quarter
Principal payments on residential whole loans ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment $21.67M USD 1 Quarter
Principal payments on residential whole loans ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment $35.45M USD 1 Quarter
Proceeds from sales of real estate owned ProceedsFromRealEstateOwned $10.44M USD 1 Quarter
Proceeds from sales of real estate owned ProceedsFromRealEstateOwned $6.16M USD 1 Quarter
Redemption of Federal Home Loan Bank stock ProceedsFromSaleOfFederalHomeLoanBankStock $10.47M USD 1 Quarter
Redemption of Federal Home Loan Bank stock ProceedsFromSaleOfFederalHomeLoanBankStock $10.42M USD 1 Quarter
Additions to leasehold improvements, furniture and fixtures PaymentsToAcquireProductiveAssets $56.00K USD 1 Quarter
Additions to leasehold improvements, furniture and fixtures PaymentsToAcquireProductiveAssets $133.00K USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $730.01M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $336.71M 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 $20.51B 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 $19.96B USD 1 Quarter
Principal payments on securitized debt RepaymentsOfOtherDebt - USD 1 Quarter
Principal payments on securitized debt RepaymentsOfOtherDebt $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 $24.85M USD 1 Quarter
Proceeds from reverse margin calls on repurchase agreements and Swaps ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives $55.70M USD 1 Quarter
Proceeds from reverse margin calls on repurchase agreements and Swaps ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives $37.52M USD 1 Quarter
Proceeds from issuances of common stock ProceedsFromIssuanceOfCommonStock $3.95M 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 $74.62M USD 1 Quarter
Dividends paid on common stock and dividend equivalents PaymentsOfDividendsCommonStock $74.42M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-612.01M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-394.48M USD 1 Quarter
Net increase/(decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $161.46M USD 1 Quarter
Net increase/(decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-18.77M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $421.57M 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 beginning of period CashAndCashEquivalentsAtCarryingValue $260.11M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $421.57M 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
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $260.11M USD Point-in-time
Net increase/(decrease) in securities obtained as collateral/obligation to return securities obtained as collateral SecuritiesObtainedAsCollateralNetOfReturns $-5.17M USD 1 Quarter
Net increase/(decrease) in securities obtained as collateral/obligation to return securities obtained as collateral SecuritiesObtainedAsCollateralNetOfReturns $4.16M USD 1 Quarter
Transfer from residential whole loans to real estate owned TransferToOtherRealEstate $31.10M USD 1 Quarter
Transfer from residential whole loans to real estate owned TransferToOtherRealEstate $22.28M 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 $74.83M USD Point-in-time
Dividends and dividend equivalents declared and unpaid DividendsPayableCurrentAndNoncurrent $74.66M USD Point-in-time
Stockholders Equity 31 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 Annual
Balance StockholdersEquity $3.03B USD Point-in-time
Balance StockholdersEquity $3.06B USD Point-in-time
Balance StockholdersEquity $2.97B USD Point-in-time
Balance StockholdersEquity $2.86B USD Point-in-time
Net income NetIncomeLoss $78.07M USD 1 Quarter
Net income NetIncomeLoss $78.06M USD 1 Quarter
Issuance of common stock, net of expenses StockIssuedDuringPeriodValueNewIssues $3.96M USD 1 Quarter
Issuance of common stock, net of expenses StockIssuedDuringPeriodValueNewIssues $306.00K USD 1 Quarter
Repurchase of shares of common stock (in shares) StockRepurchasedAndRetiredDuringPeriodShares 0.00 shares 1 Quarter
Repurchase of shares of common stock StockRepurchasedAndRetiredDuringPeriodValue $3.86M USD 1 Quarter
Repurchase of shares of common stock StockRepurchasedAndRetiredDuringPeriodValue $1.32M USD 1 Quarter
Equity based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.02M USD 1 Quarter
Equity based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.13M USD 1 Quarter
Accrued dividends attributable to stock-based awards AdjustmentsToAdditionalPaidInCapitalOther $-173.00K USD 1 Quarter
Accrued dividends attributable to stock-based awards AdjustmentsToAdditionalPaidInCapitalOther $429.00K USD 1 Quarter
Dividends declared on common stock DividendsCommonStock $74.22M USD 1 Quarter
Dividends declared on common stock DividendsCommonStock $74.57M 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 $227.00K USD 1 Quarter
Dividends attributable to dividend equivalents DividendsDividendEquivalentRights $218.00K USD 1 Quarter
Change in unrealized gains on MBS, net OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-56.10M USD 1 Quarter
Change in unrealized gains on MBS, net OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $9.08M USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $-49.34M USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $11.90M USD 1 Quarter
Balance StockholdersEquity $3.03B USD Point-in-time
Balance StockholdersEquity $3.06B USD Point-in-time
Balance StockholdersEquity $2.97B USD Point-in-time
Balance StockholdersEquity $2.86B USD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $78.07M USD 1 Quarter
Net income NetIncomeLoss $78.06M USD 1 Quarter
Reclassification adjustment for MBS sales included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $10.48M USD 1 Quarter
Reclassification adjustment for MBS sales included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $9.97M USD 1 Quarter
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet $414.00K USD 1 Quarter
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet - USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-49.34M USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $11.90M USD 1 Quarter
Other Comprehensive Income/(Loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $20.98M USD 1 Quarter
Other Comprehensive Income/(Loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-105.44M USD 1 Quarter
Comprehensive income/(loss) before preferred stock dividends ComprehensiveIncomeNetOfTax $99.04M USD 1 Quarter
Comprehensive income/(loss) 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 Income/(Loss) Available to Common Stock and Participating Securities ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities $-31.12M USD 1 Quarter
Comprehensive Income/(Loss) Available to Common Stock and Participating Securities ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities $95.29M USD 1 Quarter

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

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