10-Q Filing

MFA FINANCIAL, INC. CIK: 1055160 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001055160-17-000012`
Period End Date	20170630
Filing Date	20170802
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	mfa-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 98 Cash Flow Statement 91 Stockholders Equity 35 Comprehensive Income 32

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Residential whole loans, at carrying value, pledged as collateral	`LoansPledgedAsCollateral`	$427.88M	USD	Point-in-time
Residential whole loans, at carrying value, pledged as collateral	`LoansPledgedAsCollateral`	$270.55M	USD	Point-in-time
Residential whole loans, at fair value, pledged as collateral	`PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue`	$734.33M	USD	Point-in-time
Residential whole loans, at fair value, pledged as collateral	`PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue`	$671.11M	USD	Point-in-time
Mortgage-backed securities and credit risk transfer securities	`AvailableForSaleSecurities`	$8.48B	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
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
Securities obtained and pledged as collateral, at fair value	`SecuritiesHeldAsCollateralAtFairValue`	$370.84M	USD	Point-in-time
Residential whole loans, at carrying value ($270,553 and $427,880 pledged as collateral, respectively) (2)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$590.54M	USD	Point-in-time
Residential whole loans, at carrying value ($270,553 and $427,880 pledged as collateral, respectively) (2)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$661.32M	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
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	Annual
Residential whole loans, at fair value ($671,106 and $734,331 pledged as collateral, respectively) (2)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue`	$814.70M	USD	Point-in-time
Residential whole loans, at fair value ($671,106 and $734,331 pledged as collateral, respectively) (2)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue`	$983.27M	USD	Point-in-time
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$260.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$745.48M	USD	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$182.76M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	8.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$11.84M	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, shares outstanding	`PreferredStockSharesOutstanding`	8.00M	shares	Point-in-time
Preferred stock, aggregate liquidation preference	`PreferredStockLiquidationPreferenceValue`	$200.00M	USD	Point-in-time
Other assets	`OtherAssets`	$280.30M	USD	Point-in-time
Preferred stock, aggregate liquidation preference	`PreferredStockLiquidationPreferenceValue`	$200.00M	USD	Point-in-time
Other assets	`OtherAssets`	$287.47M	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
Total Assets	`Assets`	$11.54B	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`	$8.69B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	371.85M	shares	Point-in-time
Repurchase agreements and other advances	`SecuritiesSoldunderAgreementstoRepurchaseandOtherAdvanceObligations`	$7.04B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	396.31M	shares	Point-in-time
Obligation to return securities obtained as collateral, at fair value	`ObligationToReturnSecuritiesReceivedAsCollateral`	$510.24M	USD	Point-in-time
Obligation to return securities obtained as collateral, at fair value	`ObligationToReturnSecuritiesReceivedAsCollateral`	$510.77M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	371.85M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	396.31M	shares	Point-in-time
8% Senior Notes due 2042 (Senior Notes)	`SeniorNotes`	$96.75M	USD	Point-in-time
8% Senior Notes due 2042 (Senior Notes)	`SeniorNotes`	$96.73M	USD	Point-in-time
Payable for unsettled MBS and residential whole loans purchases	`AccountsPayableOtherCurrentAndNoncurrent`	-	USD	Point-in-time
Payable for unsettled MBS and residential whole loans purchases	`AccountsPayableOtherCurrentAndNoncurrent`	$364.39M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$155.35M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$249.95M	USD	Point-in-time
Total Liabilities	`Liabilities`	$8.26B	USD	Point-in-time
Total Liabilities	`Liabilities`	$9.45B	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; 396,311 and 371,854 shares issued and outstanding, respectively	`CommonStockValue`	$3.96M	USD	Point-in-time
Common stock, $.01 par value; 886,950 shares authorized; 396,311 and 371,854 shares issued and outstanding, respectively	`CommonStockValue`	$3.72M	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`	$3.21B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-576.48M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-572.64M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$573.68M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$632.38M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$2.97B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.03B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$2.95B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.27B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$12.48B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$11.54B	USD	Point-in-time

Income Statement 98 line items

Line Item	Tag	Value	Unit	Period
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$8.50M	USD	1 Quarter
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$17.19M	USD	2 Qtrs
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$10.20M	USD	2 Qtrs
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$5.76M	USD	1 Quarter
Other interest-earning investments	`InterestIncomeOther`	-	USD	2 Qtrs
Other interest-earning investments	`InterestIncomeOther`	$1.96M	USD	1 Quarter
Other interest-earning investments	`InterestIncomeOther`	$3.66M	USD	2 Qtrs
Other interest-earning investments	`InterestIncomeOther`	-	USD	1 Quarter
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$310.00K	USD	2 Qtrs
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$1.40M	USD	2 Qtrs
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$1.05M	USD	1 Quarter
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$170.00K	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$110.16M	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$114.51M	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$231.93M	USD	2 Qtrs
Interest Income	`InterestAndDividendIncomeOperating`	$227.41M	USD	2 Qtrs
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$46.80M	USD	1 Quarter
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$45.57M	USD	1 Quarter
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$95.14M	USD	2 Qtrs
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$90.97M	USD	2 Qtrs
Senior Notes and other interest expense	`InterestExpenseDebt`	$4.23M	USD	2 Qtrs
Senior Notes and other interest expense	`InterestExpenseDebt`	$2.22M	USD	1 Quarter
Senior Notes and other interest expense	`InterestExpenseDebt`	$2.15M	USD	1 Quarter
Senior Notes and other interest expense	`InterestExpenseDebt`	$4.35M	USD	2 Qtrs
Interest Expense	`InterestExpense`	$99.37M	USD	2 Qtrs
Interest Expense	`InterestExpense`	$47.72M	USD	1 Quarter
Interest Expense	`InterestExpense`	$95.32M	USD	2 Qtrs
Interest Expense	`InterestExpense`	$49.02M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$128.04M	USD	2 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$61.13M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$66.79M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$136.60M	USD	2 Qtrs
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	-	USD	1 Quarter
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	-	USD	1 Quarter
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	-	USD	2 Qtrs
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	$63.00K	USD	2 Qtrs
Portion of loss reclassed from other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$969.00K	USD	2 Qtrs
Portion of loss reclassed from other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$618.00K	USD	1 Quarter
Portion of loss reclassed from other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	-	USD	1 Quarter
Portion of loss reclassed from other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	-	USD	2 Qtrs
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$1.03M	USD	2 Qtrs
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$618.00K	USD	1 Quarter
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	-	USD	1 Quarter
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	-	USD	2 Qtrs
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$15.74M	USD	1 Quarter
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$16.21M	USD	1 Quarter
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$29.98M	USD	2 Qtrs
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$28.09M	USD	2 Qtrs
Net gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$9.24M	USD	1 Quarter
Net gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$5.89M	USD	1 Quarter
Net gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$15.60M	USD	2 Qtrs
Net gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$18.99M	USD	2 Qtrs
Other, net	`OtherOperatingIncomeExpenseNet`	$2.67M	USD	2 Qtrs
Other, net	`OtherOperatingIncomeExpenseNet`	$19.36M	USD	2 Qtrs
Other, net	`OtherOperatingIncomeExpenseNet`	$2.05M	USD	1 Quarter
Other, net	`OtherOperatingIncomeExpenseNet`	$14.85M	USD	1 Quarter
Other Income, net	`NoninterestIncome`	$36.94M	USD	1 Quarter
Other Income, net	`NoninterestIncome`	$27.03M	USD	1 Quarter
Other Income, net	`NoninterestIncome`	$64.94M	USD	2 Qtrs
Other Income, net	`NoninterestIncome`	$49.74M	USD	2 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$15.37M	USD	2 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$7.57M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$14.43M	USD	2 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$7.02M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$8.80M	USD	2 Qtrs
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$9.98M	USD	2 Qtrs
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$4.88M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$5.75M	USD	1 Quarter
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$4.20M	USD	1 Quarter
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$6.10M	USD	2 Qtrs
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$2.96M	USD	1 Quarter
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$8.61M	USD	2 Qtrs
Operating and Other Expense	`CostsAndExpenses`	$33.95M	USD	2 Qtrs
Operating and Other Expense	`CostsAndExpenses`	$14.87M	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$29.33M	USD	2 Qtrs
Operating and Other Expense	`CostsAndExpenses`	$17.53M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$79.94M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$78.95M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$158.00M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$157.02M	USD	2 Qtrs
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.75M	USD	1 Quarter
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$7.50M	USD	2 Qtrs
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.75M	USD	1 Quarter
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$7.50M	USD	2 Qtrs
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$149.52M	USD	2 Qtrs
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$76.19M	USD	1 Quarter
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$150.50M	USD	2 Qtrs
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$75.20M	USD	1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.40	USD	2 Qtrs
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.39	USD	2 Qtrs
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.20	USD	1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.20	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`	$0.40	USD	2 Qtrs
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	Point-in-time
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	Point-in-time
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.40	USD	2 Qtrs
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$79.94M	USD	1 Quarter
Net income	`NetIncomeLoss`	$78.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$158.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$157.02M	USD	2 Qtrs
Gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$9.24M	USD	1 Quarter
Gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$5.89M	USD	1 Quarter
Gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$15.60M	USD	2 Qtrs
Gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$18.99M	USD	2 Qtrs
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$1.11M	USD	2 Qtrs
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$1.20M	USD	1 Quarter
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$598.00K	USD	1 Quarter
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$2.04M	USD	2 Qtrs
Gain on liquidation of residential whole loans	`GainonLiquidationofResidentialWholeLoans`	-	USD	2 Qtrs
Gain on liquidation of residential whole loans	`GainonLiquidationofResidentialWholeLoans`	$2.06M	USD	2 Qtrs
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$1.03M	USD	2 Qtrs
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$618.00K	USD	1 Quarter
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	-	USD	1 Quarter
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	-	USD	2 Qtrs
Accretion of purchase discounts on MBS and CRT securities and residential whole loans	`AccretionofPurchaseDiscounts`	$42.74M	USD	2 Qtrs
Accretion of purchase discounts on MBS and CRT securities and residential whole loans	`AccretionofPurchaseDiscounts`	$46.18M	USD	2 Qtrs
Amortization of purchase premiums on MBS and CRT securities	`AmortizationOfPurchasePremiums`	$17.42M	USD	2 Qtrs
Amortization of purchase premiums on MBS and CRT securities	`AmortizationOfPurchasePremiums`	$16.00M	USD	2 Qtrs
Depreciation and amortization on real estate, fixed assets and other assets	`DepreciationAndAmortization`	$565.00K	USD	2 Qtrs
Depreciation and amortization on real estate, fixed assets and other assets	`DepreciationAndAmortization`	$439.00K	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$3.46M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$3.04M	USD	2 Qtrs
Unrealized gain on residential whole loans at fair value	`UnrealizedGainLossOnInvestments`	$14.62M	USD	2 Qtrs
Unrealized gain on residential whole loans at fair value	`UnrealizedGainLossOnInvestments`	$7.21M	USD	2 Qtrs
Decrease/(increase) in other assets and other	`IncreaseDecreaseInOtherOperatingAssets`	$73.63M	USD	2 Qtrs
Decrease/(increase) in other assets and other	`IncreaseDecreaseInOtherOperatingAssets`	$-960.00K	USD	2 Qtrs
(Decrease)/increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$9.14M	USD	2 Qtrs
(Decrease)/increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-10.66M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.11M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$96.14M	USD	2 Qtrs
Principal payments on MBS and CRT securities and other investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments`	$2.46B	USD	2 Qtrs
Principal payments on MBS and CRT securities and other investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments`	$1.63B	USD	2 Qtrs
Proceeds from sales of MBS and U.S. Treasury securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$51.82M	USD	2 Qtrs
Proceeds from sales of MBS and U.S. Treasury securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$177.62M	USD	2 Qtrs
Purchases of MBS and CRT securities and other investments	`PaymentsToAcquireInvestments`	$924.71M	USD	2 Qtrs
Purchases of MBS and CRT securities and other investments	`PaymentsToAcquireInvestments`	$888.74M	USD	2 Qtrs
Purchases of residential whole loans and capitalized advances	`PaymentsToAcquireLoansHeldForInvestment`	$256.30M	USD	2 Qtrs
Purchases of residential whole loans and capitalized advances	`PaymentsToAcquireLoansHeldForInvestment`	$9.41M	USD	2 Qtrs
Principal payments on residential whole loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$69.61M	USD	2 Qtrs
Principal payments on residential whole loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$47.10M	USD	2 Qtrs
Proceeds from sales of real estate owned	`ProceedsFromRealEstateOwned`	$16.13M	USD	2 Qtrs
Proceeds from sales of real estate owned	`ProceedsFromRealEstateOwned`	$30.46M	USD	2 Qtrs
Redemption of Federal Home Loan Bank stock	`ProceedsFromSaleOfFederalHomeLoanBankStock`	$10.42M	USD	2 Qtrs
Redemption of Federal Home Loan Bank stock	`ProceedsFromSaleOfFederalHomeLoanBankStock`	$36.40M	USD	2 Qtrs
Additions to leasehold improvements, furniture and fixtures	`PaymentsToAcquireProductiveAssets`	$333.00K	USD	2 Qtrs
Additions to leasehold improvements, furniture and fixtures	`PaymentsToAcquireProductiveAssets`	$247.00K	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$601.56M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.85B	USD	2 Qtrs
Principal payments on repurchase agreements and other advances	`PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$40.22B	USD	2 Qtrs
Principal payments on repurchase agreements and other advances	`PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$39.59B	USD	2 Qtrs
Proceeds from borrowings under repurchase agreements and other advances	`ProceedsfromSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$37.94B	USD	2 Qtrs
Proceeds from borrowings under repurchase agreements and other advances	`ProceedsfromSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$39.87B	USD	2 Qtrs
Proceeds from issuance of securitized debt	`ProceedsFromIssuanceOfSecuritizedDebt`	-	USD	2 Qtrs
Proceeds from issuance of securitized debt	`ProceedsFromIssuanceOfSecuritizedDebt`	$147.85M	USD	2 Qtrs
Principal payments on securitized debt	`RepaymentsOfOtherDebt`	$2.65M	USD	2 Qtrs
Principal payments on securitized debt	`RepaymentsOfOtherDebt`	$22.06M	USD	2 Qtrs
Payments made for securitization related costs	`PaymentsMadeforResecurizationRelatedCosts`	-	USD	2 Qtrs
Payments made for securitization related costs	`PaymentsMadeforResecurizationRelatedCosts`	$1.01M	USD	2 Qtrs
Payments made for margin calls and settlements on repurchase agreements and interest rate swap agreements (Swaps)	`PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives`	$40.48M	USD	2 Qtrs
Payments made for margin calls and settlements on repurchase agreements and interest rate swap agreements (Swaps)	`PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives`	$181.40M	USD	2 Qtrs
Proceeds from reverse margin calls and settlements on repurchase agreements and Swaps	`ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives`	$89.70M	USD	2 Qtrs
Proceeds from reverse margin calls and settlements on repurchase agreements and Swaps	`ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives`	$51.52M	USD	2 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$600.00K	USD	2 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$186.25M	USD	2 Qtrs
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$7.50M	USD	2 Qtrs
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$7.50M	USD	2 Qtrs
Dividends paid on common stock and dividend equivalents	`PaymentsOfDividendsCommonStock`	$148.89M	USD	2 Qtrs
Dividends paid on common stock and dividend equivalents	`PaymentsOfDividendsCommonStock`	$149.43M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.46B	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-619.91M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$17.76M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$485.37M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$260.11M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$745.48M	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`	$182.76M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$260.11M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$745.48M	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`	$182.76M	USD	Point-in-time
Net decrease in securities obtained as collateral/obligation to return securities obtained as collateral	`SecuritiesObtainedAsCollateralNetOfReturns`	$-11.68M	USD	2 Qtrs
Net decrease in securities obtained as collateral/obligation to return securities obtained as collateral	`SecuritiesObtainedAsCollateralNetOfReturns`	$-2.78M	USD	2 Qtrs
Transfer from residential whole loans to real estate owned	`TransferToOtherRealEstate`	$58.44M	USD	2 Qtrs
Transfer from residential whole loans to real estate owned	`TransferToOtherRealEstate`	$44.99M	USD	2 Qtrs
Dividends and dividend equivalents declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$79.56M	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`	$74.66M	USD	Point-in-time

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	Annual
Preferred Stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	2 Qtrs
Balance	`StockholdersEquity`	$2.97B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.95B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.27B	USD	Point-in-time
Net income	`NetIncomeLoss`	$79.94M	USD	1 Quarter
Net income	`NetIncomeLoss`	$78.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$158.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$157.02M	USD	2 Qtrs
Issuance of common stock, net of expenses	`StockIssuedDuringPeriodValueNewIssues`	$186.25M	USD	2 Qtrs
Issuance of common stock, net of expenses	`StockIssuedDuringPeriodValueNewIssues`	$600.00K	USD	2 Qtrs
Repurchase of shares of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	0.00	shares	2 Qtrs
Repurchase of shares of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.38M	USD	2 Qtrs
Repurchase of shares of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$3.89M	USD	2 Qtrs
Equity based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.30M	USD	2 Qtrs
Equity based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.04M	USD	2 Qtrs
Accrued dividends attributable to stock-based awards	`AdjustmentsToAdditionalPaidInCapitalOther`	$-345.00K	USD	2 Qtrs
Accrued dividends attributable to stock-based awards	`AdjustmentsToAdditionalPaidInCapitalOther`	$225.00K	USD	2 Qtrs
Dividends declared on common stock	`DividendsCommonStock`	$148.44M	USD	2 Qtrs
Dividends declared on common stock	`DividendsCommonStock`	$153.85M	USD	2 Qtrs
Dividends declared on preferred stock	`DividendsPreferredStock`	$7.50M	USD	2 Qtrs
Dividends declared on preferred stock	`DividendsPreferredStock`	$3.75M	USD	1 Quarter
Dividends declared on preferred stock	`DividendsPreferredStock`	$3.75M	USD	1 Quarter
Dividends declared on preferred stock	`DividendsPreferredStock`	$7.50M	USD	2 Qtrs
Dividends attributable to dividend equivalents	`DividendsDividendEquivalentRights`	$459.00K	USD	2 Qtrs
Dividends attributable to dividend equivalents	`DividendsDividendEquivalentRights`	$481.00K	USD	2 Qtrs
Change in unrealized gains on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$40.45M	USD	2 Qtrs
Change in unrealized gains on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$47.82M	USD	2 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-62.57M	USD	2 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$10.88M	USD	2 Qtrs
Balance	`StockholdersEquity`	$2.97B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.95B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.27B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$79.94M	USD	1 Quarter
Net income	`NetIncomeLoss`	$78.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$158.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$157.02M	USD	2 Qtrs
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$8.69M	USD	1 Quarter
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$15.60M	USD	2 Qtrs
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$5.66M	USD	1 Quarter
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$19.65M	USD	2 Qtrs
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$1.03M	USD	2 Qtrs
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$618.00K	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`	-	USD	2 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.02M	USD	1 Quarter
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$10.88M	USD	2 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-62.57M	USD	2 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-13.23M	USD	1 Quarter
Other Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-22.12M	USD	2 Qtrs
Other Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$58.70M	USD	2 Qtrs
Other Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$83.32M	USD	1 Quarter
Other Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$37.72M	USD	1 Quarter
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$134.90M	USD	2 Qtrs
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$162.27M	USD	1 Quarter
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$117.65M	USD	1 Quarter
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$216.69M	USD	2 Qtrs
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$3.75M	USD	1 Quarter
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$7.50M	USD	2 Qtrs
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$3.75M	USD	1 Quarter
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$7.50M	USD	2 Qtrs
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$113.90M	USD	1 Quarter
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$158.52M	USD	1 Quarter
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$127.39M	USD	2 Qtrs
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$209.19M	USD	2 Qtrs

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