10-Q Filing

MFA FINANCIAL, INC. CIK: 1055160 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001055160-17-000017`
Period End Date	20170930
Filing Date	20171102
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	mfa-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 99 Cash Flow Statement 95 Stockholders Equity 35 Comprehensive Income 32

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
MSR Related Assets, pledged as collateral	`ServicingRightsPledgedAsCollateral`	$412.67M	USD	Point-in-time
MSR Related Assets, pledged as collateral	`ServicingRightsPledgedAsCollateral`	$226.78M	USD	Point-in-time
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`	$347.91M	USD	Point-in-time
Residential whole loans, at fair value, pledged as collateral	`PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue`	$903.49M	USD	Point-in-time
Residential whole loans, at fair value, pledged as collateral	`PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue`	$734.33M	USD	Point-in-time
Mortgage-backed securities and credit risk transfer securities	`AvailableForSaleSecurities`	$9.83B	USD	Point-in-time
Mortgage-backed securities and credit risk transfer securities	`AvailableForSaleSecurities`	$7.58B	USD	Point-in-time
Mortgage servicing rights (MSR) related assets ($412,674 and $226,780 pledged as collateral, respectively)	`ServicingAssetAtFairValueAmount`	$226.78M	USD	Point-in-time
Mortgage servicing rights (MSR) related assets ($412,674 and $226,780 pledged as collateral, respectively)	`ServicingAssetAtFairValueAmount`	$411.84M	USD	Point-in-time
Residential whole loans, at carrying value ($347,906 and $427,880 pledged as collateral, respectively)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$639.22M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Residential whole loans, at carrying value ($347,906 and $427,880 pledged as collateral, respectively)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet`	$590.54M	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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	8.05M	shares	Point-in-time
Residential whole loans, at fair value ($903,494 and $734,331 pledged as collateral, respectively)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue`	$1.10B	USD	Point-in-time
Residential whole loans, at fair value ($903,494 and $734,331 pledged as collateral, respectively)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue`	$814.68M	USD	Point-in-time
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	Annual
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`	$507.32M	USD	Point-in-time
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	3 Qtrs
Preferred stock, shares issued	`PreferredStockSharesIssued`	8.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$288.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$260.11M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	8.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$608.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$165.01M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	8.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$15.44M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	8.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$58.46M	USD	Point-in-time
Preferred stock, aggregate liquidation preference	`PreferredStockLiquidationPreferenceValue`	$200.00M	USD	Point-in-time
Other assets	`OtherAssets`	$194.50M	USD	Point-in-time
Preferred stock, aggregate liquidation preference	`PreferredStockLiquidationPreferenceValue`	$200.00M	USD	Point-in-time
Other assets	`OtherAssets`	$233.36M	USD	Point-in-time
Total Assets	`Assets`	$11.10B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
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
Common stock, shares issued	`CommonStockSharesIssued`	396.94M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	371.85M	shares	Point-in-time
Repurchase agreements and other advances	`SecuritiesSoldunderAgreementstoRepurchaseandOtherAdvanceObligations`	$6.87B	USD	Point-in-time
Repurchase agreements and other advances	`SecuritiesSoldunderAgreementstoRepurchaseandOtherAdvanceObligations`	$8.69B	USD	Point-in-time
Obligation to return securities obtained as collateral, at fair value	`ObligationToReturnSecuritiesReceivedAsCollateral`	$507.32M	USD	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
Common stock, shares outstanding	`CommonStockSharesOutstanding`	396.94M	shares	Point-in-time
8% Senior Notes due 2042 (Senior Notes)	`SeniorNotes`	$96.76M	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`	$124.01M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$155.35M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$246.28M	USD	Point-in-time
Total Liabilities	`Liabilities`	$7.85B	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; 396,939 and 371,854 shares issued and outstanding, respectively	`CommonStockValue`	$3.97M	USD	Point-in-time
Common stock, $.01 par value; 886,950 shares authorized; 396,939 and 371,854 shares issued and outstanding, respectively	`CommonStockValue`	$3.72M	USD	Point-in-time
Additional paid-in capital, in excess of par	`AdditionalPaidInCapital`	$3.22B	USD	Point-in-time
Additional paid-in capital, in excess of par	`AdditionalPaidInCapital`	$3.03B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-596.02M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-572.64M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$630.23M	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`	$3.26B	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 Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$11.10B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$12.48B	USD	Point-in-time

Income Statement 99 line items

Line Item	Tag	Value	Unit	Period
MSR related assets	`InterestIncomeOther`	-	USD	3 Qtrs
MSR related assets	`InterestIncomeOther`	$7.19M	USD	1 Quarter
MSR related assets	`InterestIncomeOther`	-	USD	1 Quarter
MSR related assets	`InterestIncomeOther`	$17.83M	USD	3 Qtrs
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$9.03M	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
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$26.22M	USD	3 Qtrs
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$531.00K	USD	3 Qtrs
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$221.00K	USD	1 Quarter
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$2.85M	USD	3 Qtrs
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$1.45M	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$332.55M	USD	3 Qtrs
Interest Income	`InterestAndDividendIncomeOperating`	$112.72M	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$344.64M	USD	3 Qtrs
Interest Income	`InterestAndDividendIncomeOperating`	$105.13M	USD	1 Quarter
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$137.13M	USD	3 Qtrs
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$46.16M	USD	1 Quarter
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$141.44M	USD	3 Qtrs
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$46.30M	USD	1 Quarter
Senior Notes and other interest expense	`InterestExpenseDebt`	$2.01M	USD	1 Quarter
Senior Notes and other interest expense	`InterestExpenseDebt`	$7.20M	USD	3 Qtrs
Senior Notes and other interest expense	`InterestExpenseDebt`	$6.36M	USD	3 Qtrs
Senior Notes and other interest expense	`InterestExpenseDebt`	$2.97M	USD	1 Quarter
Interest Expense	`InterestExpense`	$143.49M	USD	3 Qtrs
Interest Expense	`InterestExpense`	$48.17M	USD	1 Quarter
Interest Expense	`InterestExpense`	$49.27M	USD	1 Quarter
Interest Expense	`InterestExpense`	$148.65M	USD	3 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$201.15M	USD	3 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$183.90M	USD	3 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$64.55M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$55.86M	USD	1 Quarter
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	$63.00K	USD	3 Qtrs
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	-	USD	1 Quarter
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	$1.25M	USD	3 Qtrs
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	$1.25M	USD	1 Quarter
Portion of loss recognized in/(reclassed from) other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$969.00K	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`	-	USD	1 Quarter
Portion of loss recognized in/(reclassed from) other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-770.00K	USD	1 Quarter
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	-	USD	1 Quarter
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$485.00K	USD	1 Quarter
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$1.03M	USD	3 Qtrs
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$485.00K	USD	3 Qtrs
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$47.73M	USD	3 Qtrs
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$19.64M	USD	1 Quarter
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$18.68M	USD	1 Quarter
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$48.66M	USD	3 Qtrs
Net gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$26.07M	USD	3 Qtrs
Net gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$7.08M	USD	1 Quarter
Net gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$14.93M	USD	1 Quarter
Net gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$30.53M	USD	3 Qtrs
Other, net	`OtherOperatingIncomeExpenseNet`	$-4.51M	USD	1 Quarter
Other, net	`OtherOperatingIncomeExpenseNet`	$9.84M	USD	3 Qtrs
Other, net	`OtherOperatingIncomeExpenseNet`	$14.84M	USD	3 Qtrs
Other, net	`OtherOperatingIncomeExpenseNet`	$7.18M	USD	1 Quarter
Other Income, net	`NoninterestIncome`	$33.90M	USD	1 Quarter
Other Income, net	`NoninterestIncome`	$94.03M	USD	3 Qtrs
Other Income, net	`NoninterestIncome`	$29.10M	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`	$7.08M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$26.26M	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$10.89M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$4.08M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$14.06M	USD	3 Qtrs
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$12.51M	USD	3 Qtrs
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$3.71M	USD	1 Quarter
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$14.79M	USD	3 Qtrs
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$6.18M	USD	1 Quarter
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$10.27M	USD	3 Qtrs
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$4.17M	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$21.15M	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$14.95M	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$55.10M	USD	3 Qtrs
Operating and Other Expense	`CostsAndExpenses`	$44.28M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$240.03M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$221.80M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$63.80M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$83.01M	USD	1 Quarter
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`	$3.75M	USD	1 Quarter
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$11.25M	USD	3 Qtrs
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$210.55M	USD	3 Qtrs
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$228.78M	USD	3 Qtrs
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$60.05M	USD	1 Quarter
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$79.26M	USD	1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.21	USD	1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.15	USD	1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.54	USD	3 Qtrs
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.61	USD	3 Qtrs
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	1 Quarter
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	Point-in-time
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	Point-in-time

Cash Flow Statement 95 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$240.03M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$221.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$63.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.01M	USD	1 Quarter
Gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$26.07M	USD	3 Qtrs
Gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$7.08M	USD	1 Quarter
Gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$14.93M	USD	1 Quarter
Gain on sales of MBS and U.S. Treasury securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$30.53M	USD	3 Qtrs
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$1.84M	USD	3 Qtrs
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$733.00K	USD	1 Quarter
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$2.84M	USD	3 Qtrs
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$805.00K	USD	1 Quarter
Gain on liquidation of residential whole loans	`GainonLiquidationofResidentialWholeLoans`	$7.18M	USD	3 Qtrs
Gain on liquidation of residential whole loans	`GainonLiquidationofResidentialWholeLoans`	-	USD	3 Qtrs
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	-	USD	1 Quarter
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$485.00K	USD	1 Quarter
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$1.03M	USD	3 Qtrs
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$485.00K	USD	3 Qtrs
Accretion of purchase discounts on MBS and CRT securities, residential whole loans and MSR related assets	`AccretionofPurchaseDiscounts`	$67.06M	USD	3 Qtrs
Accretion of purchase discounts on MBS and CRT securities, residential whole loans and MSR related assets	`AccretionofPurchaseDiscounts`	$64.09M	USD	3 Qtrs
Amortization of purchase premiums on MBS and CRT securities	`AmortizationOfPurchasePremiums`	$27.75M	USD	3 Qtrs
Amortization of purchase premiums on MBS and CRT securities	`AmortizationOfPurchasePremiums`	$23.77M	USD	3 Qtrs
Depreciation and amortization on real estate, fixed assets and other assets	`DepreciationAndAmortization`	$746.00K	USD	3 Qtrs
Depreciation and amortization on real estate, fixed assets and other assets	`DepreciationAndAmortization`	$1.20M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$5.37M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$4.14M	USD	3 Qtrs
Unrealized gain on residential whole loans at fair value	`UnrealizedGainLossOnInvestments`	$12.50M	USD	3 Qtrs
Unrealized gain on residential whole loans at fair value	`UnrealizedGainLossOnInvestments`	$25.53M	USD	3 Qtrs
Increase in other assets and other	`IncreaseDecreaseInOtherOperatingAssets`	$47.76M	USD	3 Qtrs
Increase in other assets and other	`IncreaseDecreaseInOtherOperatingAssets`	$3.83M	USD	3 Qtrs
Decrease in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-10.25M	USD	3 Qtrs
Decrease in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-9.03M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$118.97M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$98.84M	USD	3 Qtrs
Principal payments on MBS, CRT securities and MSR related assets	`ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments`	$2.58B	USD	3 Qtrs
Principal payments on MBS, CRT securities and MSR related assets	`ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments`	$3.39B	USD	3 Qtrs
Proceeds from sales of MBS and U.S. Treasury securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$65.07M	USD	3 Qtrs
Proceeds from sales of MBS and U.S. Treasury securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$222.14M	USD	3 Qtrs
Purchases of MBS, CRT securities and MSR related assets	`PaymentsToAcquireInvestments`	$1.43B	USD	3 Qtrs
Purchases of MBS, CRT securities and MSR related assets	`PaymentsToAcquireInvestments`	$1.40B	USD	3 Qtrs
Purchases of residential whole loans and capitalized advances	`PaymentsToAcquireLoansHeldForInvestment`	$367.74M	USD	3 Qtrs
Purchases of residential whole loans and capitalized advances	`PaymentsToAcquireLoansHeldForInvestment`	$391.61M	USD	3 Qtrs
Principal payments on residential whole loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$105.55M	USD	3 Qtrs
Principal payments on residential whole loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$70.73M	USD	3 Qtrs
Proceeds from sales of real estate owned	`ProceedsFromRealEstateOwned`	$21.83M	USD	3 Qtrs
Proceeds from sales of real estate owned	`ProceedsFromRealEstateOwned`	$51.83M	USD	3 Qtrs
Purchases of real estate owned and capital improvements	`PaymentsToAcquireOtherRealEstate`	-	USD	3 Qtrs
Purchases of real estate owned and capital improvements	`PaymentsToAcquireOtherRealEstate`	$17.22M	USD	3 Qtrs
Redemption of Federal Home Loan Bank stock	`ProceedsFromSaleOfFederalHomeLoanBankStock`	$49.59M	USD	3 Qtrs
Redemption of Federal Home Loan Bank stock	`ProceedsFromSaleOfFederalHomeLoanBankStock`	$10.42M	USD	3 Qtrs
Additions to leasehold improvements, furniture and fixtures	`PaymentsToAcquireProductiveAssets`	$380.00K	USD	3 Qtrs
Additions to leasehold improvements, furniture and fixtures	`PaymentsToAcquireProductiveAssets`	$596.00K	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.02B	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.94B	USD	3 Qtrs
Principal payments on repurchase agreements and other advances	`PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$57.12B	USD	3 Qtrs
Principal payments on repurchase agreements and other advances	`PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$62.38B	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`	$55.30B	USD	3 Qtrs
Proceeds from issuance of securitized debt	`ProceedsFromIssuanceOfSecuritizedDebt`	-	USD	3 Qtrs
Proceeds from issuance of securitized debt	`ProceedsFromIssuanceOfSecuritizedDebt`	$147.85M	USD	3 Qtrs
Principal payments on securitized debt	`RepaymentsOfOtherDebt`	$22.06M	USD	3 Qtrs
Principal payments on securitized debt	`RepaymentsOfOtherDebt`	$9.14M	USD	3 Qtrs
Payments made for securitization related costs	`PaymentsMadeforResecurizationRelatedCosts`	$1.52M	USD	3 Qtrs
Payments made for securitization related costs	`PaymentsMadeforResecurizationRelatedCosts`	-	USD	3 Qtrs
Payments made for margin calls and settlements on repurchase agreements and interest rate swap agreements (Swaps)	`PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives`	$51.11M	USD	3 Qtrs
Payments made for margin calls and settlements on repurchase agreements and interest rate swap agreements (Swaps)	`PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives`	$179.03M	USD	3 Qtrs
Proceeds from reverse margin calls and settlements on repurchase agreements and Swaps	`ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives`	$128.70M	USD	3 Qtrs
Proceeds from reverse margin calls and settlements on repurchase agreements and Swaps	`ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives`	$66.52M	USD	3 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$941.00K	USD	3 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$190.52M	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`	$228.98M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.71B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-997.15M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$123.69M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$348.06M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$288.70M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$260.11M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$608.17M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$165.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$288.70M	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`	$608.17M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$165.01M	USD	Point-in-time
Net increase/(decrease) in securities obtained as collateral/obligation to return securities obtained as collateral	`SecuritiesObtainedAsCollateralNetOfReturns`	$-13.45M	USD	3 Qtrs
Net increase/(decrease) in securities obtained as collateral/obligation to return securities obtained as collateral	`SecuritiesObtainedAsCollateralNetOfReturns`	$131.93M	USD	3 Qtrs
Transfer from residential whole loans to real estate owned	`TransferToOtherRealEstate`	$38.94M	USD	1 Quarter
Transfer from residential whole loans to real estate owned	`TransferToOtherRealEstate`	$69.80M	USD	3 Qtrs
Transfer from residential whole loans to real estate owned	`TransferToOtherRealEstate`	$97.39M	USD	3 Qtrs
Transfer from residential whole loans to real estate owned	`TransferToOtherRealEstate`	$24.81M	USD	1 Quarter
Dividends and dividend equivalents declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$74.66M	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`	$79.61M	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	3 Qtrs
Balance	`StockholdersEquity`	$3.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.26B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.97B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.03B	USD	Point-in-time
Net income	`NetIncomeLoss`	$240.03M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$221.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$63.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.01M	USD	1 Quarter
Issuance of common stock, net of expenses	`StockIssuedDuringPeriodValueNewIssues`	$941.00K	USD	3 Qtrs
Issuance of common stock, net of expenses	`StockIssuedDuringPeriodValueNewIssues`	$190.51M	USD	3 Qtrs
Repurchase of shares of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	0.00	shares	3 Qtrs
Repurchase of shares of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$5.16M	USD	3 Qtrs
Repurchase of shares of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.48M	USD	3 Qtrs
Equity based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.21M	USD	3 Qtrs
Equity based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.14M	USD	3 Qtrs
Accrued dividends attributable to stock-based awards	`AdjustmentsToAdditionalPaidInCapitalOther`	$-518.00K	USD	3 Qtrs
Accrued dividends attributable to stock-based awards	`AdjustmentsToAdditionalPaidInCapitalOther`	$20.00K	USD	3 Qtrs
Dividends declared on common stock	`DividendsCommonStock`	$222.67M	USD	3 Qtrs
Dividends declared on common stock	`DividendsCommonStock`	$233.24M	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`	$3.75M	USD	1 Quarter
Dividends declared on preferred stock	`DividendsPreferredStock`	$11.25M	USD	3 Qtrs
Dividends attributable to dividend equivalents	`DividendsDividendEquivalentRights`	$697.00K	USD	3 Qtrs
Dividends attributable to dividend equivalents	`DividendsDividendEquivalentRights`	$686.00K	USD	3 Qtrs
Change in unrealized gains on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$39.87M	USD	3 Qtrs
Change in unrealized gains on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$97.48M	USD	3 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-39.80M	USD	3 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$16.67M	USD	3 Qtrs
Balance	`StockholdersEquity`	$3.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.26B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.97B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.03B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$240.03M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$221.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$63.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.01M	USD	1 Quarter
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`	$14.94M	USD	1 Quarter
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`	$30.28M	USD	3 Qtrs
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`	$485.00K	USD	1 Quarter
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$1.03M	USD	3 Qtrs
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$485.00K	USD	3 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$5.79M	USD	1 Quarter
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$22.77M	USD	1 Quarter
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$16.67M	USD	3 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-39.80M	USD	3 Qtrs
Other Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$56.54M	USD	3 Qtrs
Other Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$57.68M	USD	3 Qtrs
Other Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.16M	USD	1 Quarter
Other Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$79.81M	USD	1 Quarter
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$297.71M	USD	3 Qtrs
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$278.34M	USD	3 Qtrs
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$162.82M	USD	1 Quarter
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$61.65M	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`	$3.75M	USD	1 Quarter
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$11.25M	USD	3 Qtrs
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$267.09M	USD	3 Qtrs
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$57.90M	USD	1 Quarter
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$159.07M	USD	1 Quarter
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$286.46M	USD	3 Qtrs

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