10-Q Filing

MFA FINANCIAL, INC. CIK: 1055160 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001055160-18-000012`
Period End Date	20180630
Filing Date	20180802
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	mfa-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 98 Cash Flow Statement 91 Stockholders Equity 35 Comprehensive Income 32

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
MSR Related Assets, pledged as collateral	`ServicingRightsPledgedAsCollateral`	$482.16M	USD	Point-in-time
MSR Related Assets, pledged as collateral	`ServicingRightsPledgedAsCollateral`	$381.39M	USD	Point-in-time
Residential whole loans, at carrying value, pledged as collateral	`LoansPledgedAsCollateral`	$448.69M	USD	Point-in-time
Residential whole loans, at carrying value, pledged as collateral	`LoansPledgedAsCollateral`	$396.86M	USD	Point-in-time
Residential whole loans, at fair value, pledged as collateral	`PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue`	$996.23M	USD	Point-in-time
Mortgage-backed securities and credit risk transfer securities	`AvailableForSaleSecuritiesDebtSecurities`	$7.02B	USD	Point-in-time
Residential whole loans, at fair value, pledged as collateral	`PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue`	$952.34M	USD	Point-in-time
Mortgage-backed securities and credit risk transfer securities	`AvailableForSaleSecuritiesDebtSecurities`	$6.18B	USD	Point-in-time
Mortgage servicing rights (MSR) related assets ($381,390 and $482,158 pledged as collateral, respectively)	`ServicingAssetAtFairValueAmount`	$492.08M	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
Mortgage servicing rights (MSR) related assets ($381,390 and $482,158 pledged as collateral, respectively)	`ServicingAssetAtFairValueAmount`	$381.39M	USD	Point-in-time
Residential whole loans, at carrying value ($396,856 and $448,689 pledged as collateral, respectively) (1)	`ResidentialWholeLoansCarryingValue`	$908.52M	USD	Point-in-time
Residential whole loans, at carrying value ($396,856 and $448,689 pledged as collateral, respectively) (1)	`ResidentialWholeLoansCarryingValue`	$1.91B	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
Preferred stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	2 Qtrs
Residential whole loans, at fair value ($952,335 and $996,226 pledged as collateral, respectively) (1)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue`	$1.33B	USD	Point-in-time
Residential whole loans, at fair value ($952,335 and $996,226 pledged as collateral, respectively) (1)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue`	$1.50B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$54.88M	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`	$449.76M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$13.31M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	8.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$3.30M	USD	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`	$618.15M	USD	Point-in-time
Preferred stock, aggregate liquidation preference	`PreferredStockLiquidationPreferenceValue`	$200.00M	USD	Point-in-time
Other assets	`OtherAssets`	$742.91M	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`	$10.95B	USD	Point-in-time
Total Assets	`Assets`	$10.64B	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	`SecuritiesSoldUnderAgreementsToRepurchase`	$5.89B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	398.53M	shares	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$6.61B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	397.83M	shares	Point-in-time
Payable for unsettled MBS and residential whole loans purchases	`AccountsPayableOtherCurrentAndNoncurrent`	$567.91M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	397.83M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	398.53M	shares	Point-in-time
Payable for unsettled MBS and residential whole loans purchases	`AccountsPayableOtherCurrentAndNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$1.08B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$978.01M	USD	Point-in-time
Total Liabilities	`Liabilities`	$7.44B	USD	Point-in-time
Total Liabilities	`Liabilities`	$7.69B	USD	Point-in-time
Commitments and contingencies (See Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 10)	`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; 398,533 and 397,831 shares issued and outstanding, respectively	`CommonStockValue`	$3.98M	USD	Point-in-time
Common stock, $.01 par value; 886,950 shares authorized; 398,533 and 397,831 shares issued and outstanding, respectively	`CommonStockValue`	$3.98M	USD	Point-in-time
Additional paid-in capital, in excess of par	`AdditionalPaidInCapital`	$3.23B	USD	Point-in-time
Additional paid-in capital, in excess of par	`AdditionalPaidInCapital`	$3.23B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-592.22M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-578.95M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$609.22M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$564.71M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.27B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.03B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.21B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.26B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$10.95B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$10.64B	USD	Point-in-time

Income Statement 98 line items

Line Item	Tag	Value	Unit	Period
MSR related assets	`InterestIncomeOther`	$5.91M	USD	1 Quarter
MSR related assets	`InterestIncomeOther`	$13.84M	USD	2 Qtrs
MSR related assets	`InterestIncomeOther`	$6.22M	USD	1 Quarter
MSR related assets	`InterestIncomeOther`	$10.64M	USD	2 Qtrs
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$32.26M	USD	2 Qtrs
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$17.19M	USD	2 Qtrs
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$17.93M	USD	1 Quarter
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$8.50M	USD	1 Quarter
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$1.40M	USD	2 Qtrs
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$1.59M	USD	2 Qtrs
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$1.05M	USD	1 Quarter
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$685.00K	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$205.50M	USD	2 Qtrs
Interest Income	`InterestAndDividendIncomeOperating`	$110.16M	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$101.75M	USD	1 Quarter
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`	$46.23M	USD	1 Quarter
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$95.14M	USD	2 Qtrs
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$91.95M	USD	2 Qtrs
Other interest expense	`InterestExpenseDebt`	$10.41M	USD	2 Qtrs
Other interest expense	`InterestExpenseDebt`	$4.23M	USD	2 Qtrs
Other interest expense	`InterestExpenseDebt`	$5.58M	USD	1 Quarter
Other interest expense	`InterestExpenseDebt`	$2.22M	USD	1 Quarter
Interest Expense	`InterestExpense`	$49.02M	USD	1 Quarter
Interest Expense	`InterestExpense`	$99.37M	USD	2 Qtrs
Interest Expense	`InterestExpense`	$102.36M	USD	2 Qtrs
Interest Expense	`InterestExpense`	$51.81M	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`	$49.94M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$103.14M	USD	2 Qtrs
Total other-than-temporary impairment losses	`ImpairmentOfInvestments`	-	USD	1 Quarter
Total other-than-temporary impairment losses	`ImpairmentOfInvestments`	-	USD	1 Quarter
Total other-than-temporary impairment losses	`ImpairmentOfInvestments`	$63.00K	USD	2 Qtrs
Total other-than-temporary impairment losses	`ImpairmentOfInvestments`	-	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`	-	USD	1 Quarter
Portion of loss reclassed from other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$618.00K	USD	1 Quarter
Portion of loss reclassed from other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	-	USD	2 Qtrs
OTTI recognized in earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities`	-	USD	1 Quarter
OTTI recognized in earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities`	-	USD	2 Qtrs
OTTI recognized in earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities`	$618.00K	USD	1 Quarter
OTTI recognized in earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities`	$1.03M	USD	2 Qtrs
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$70.94M	USD	2 Qtrs
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`	$16.21M	USD	1 Quarter
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$32.44M	USD	1 Quarter
Net gain on sales of investment securities	`DebtSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment`	$7.43M	USD	1 Quarter
Net gain on sales of investment securities	`DebtSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment`	$5.89M	USD	1 Quarter
Net gain on sales of investment securities	`DebtSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment`	$15.60M	USD	2 Qtrs
Net gain on sales of investment securities	`DebtSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment`	$16.25M	USD	2 Qtrs
Other, net	`OtherOperatingIncomeExpenseNet`	$1.13M	USD	1 Quarter
Other, net	`OtherOperatingIncomeExpenseNet`	$19.36M	USD	2 Qtrs
Other, net	`OtherOperatingIncomeExpenseNet`	$14.85M	USD	1 Quarter
Other, net	`OtherOperatingIncomeExpenseNet`	$1.48M	USD	2 Qtrs
Other Income, net	`NoninterestIncome`	$41.01M	USD	1 Quarter
Other Income, net	`NoninterestIncome`	$88.67M	USD	2 Qtrs
Other Income, net	`NoninterestIncome`	$64.94M	USD	2 Qtrs
Other Income, net	`NoninterestIncome`	$36.94M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$15.37M	USD	2 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$7.04M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$13.79M	USD	2 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$7.57M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$9.41M	USD	2 Qtrs
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$5.75M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$9.98M	USD	2 Qtrs
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$5.58M	USD	1 Quarter
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$7.93M	USD	1 Quarter
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$4.20M	USD	1 Quarter
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$8.61M	USD	2 Qtrs
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$14.81M	USD	2 Qtrs
Operating and Other Expense	`CostsAndExpenses`	$38.01M	USD	2 Qtrs
Operating and Other Expense	`CostsAndExpenses`	$20.55M	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$17.53M	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$33.95M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$158.00M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$70.39M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$79.94M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$153.79M	USD	2 Qtrs
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
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$3.75M	USD	1 Quarter
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$146.29M	USD	2 Qtrs
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`	$66.64M	USD	1 Quarter
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$76.19M	USD	1 Quarter
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`	$0.36	USD	2 Qtrs
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.17	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`	$0.40	USD	2 Qtrs
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
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

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$158.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$70.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.94M	USD	1 Quarter
Net income	`NetIncomeLoss`	$153.79M	USD	2 Qtrs
Gain on sales of MBS, CRT securities and U.S. Treasury securities	`DebtSecuritiesGainLoss`	$16.25M	USD	2 Qtrs
Gain on sales of MBS, CRT securities and U.S. Treasury securities	`DebtSecuritiesGainLoss`	$15.60M	USD	2 Qtrs
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$2.04M	USD	2 Qtrs
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$4.67M	USD	2 Qtrs
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$2.70M	USD	1 Quarter
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$1.20M	USD	1 Quarter
Gain on liquidation of residential whole loans	`GainonLiquidationofResidentialWholeLoans`	$12.74M	USD	2 Qtrs
Gain on liquidation of residential whole loans	`GainonLiquidationofResidentialWholeLoans`	$2.06M	USD	2 Qtrs
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	2 Qtrs
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	$1.03M	USD	2 Qtrs
Accretion of purchase discounts on MBS and CRT securities, residential whole loans and MSR related assets	`AccretionofPurchaseDiscounts`	$40.95M	USD	2 Qtrs
Accretion of purchase discounts on MBS and CRT securities, residential whole loans and MSR related assets	`AccretionofPurchaseDiscounts`	$46.18M	USD	2 Qtrs
Amortization of purchase premiums on MBS and CRT securities	`AmortizationOfPurchasePremiums`	$16.00M	USD	2 Qtrs
Amortization of purchase premiums on MBS and CRT securities	`AmortizationOfPurchasePremiums`	$12.51M	USD	2 Qtrs
Depreciation and amortization on real estate, fixed assets and other assets	`DepreciationAndAmortization`	$805.00K	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`	$2.81M	USD	2 Qtrs
Unrealized gain on residential whole loans at fair value	`UnrealizedGainLossOnInvestments`	$7.21M	USD	2 Qtrs
Unrealized gain on residential whole loans at fair value	`UnrealizedGainLossOnInvestments`	$18.35M	USD	2 Qtrs
(Increase)/decrease in other assets and other	`IncreaseDecreaseInOtherOperatingAssets`	$-3.10M	USD	2 Qtrs
(Increase)/decrease in other assets and other	`IncreaseDecreaseInOtherOperatingAssets`	$23.06M	USD	2 Qtrs
Decrease in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-10.09M	USD	2 Qtrs
Decrease in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-10.66M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$98.28M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$43.80M	USD	2 Qtrs
Principal payments on MBS, CRT securities and MSR related assets	`ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments`	$2.46B	USD	2 Qtrs
Principal payments on MBS, CRT securities and MSR related assets	`ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments`	$1.11B	USD	2 Qtrs
Proceeds from sales of MBS, CRT securities and U.S. Treasury securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$198.39M	USD	2 Qtrs
Proceeds from sales of MBS, CRT securities and U.S. Treasury securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$177.62M	USD	2 Qtrs
Purchases of MBS, CRT securities, MSR related assets and U.S. Treasury securities	`PaymentsToAcquireInvestments`	$888.74M	USD	2 Qtrs
Purchases of MBS, CRT securities, MSR related assets and U.S. Treasury securities	`PaymentsToAcquireInvestments`	$323.31M	USD	2 Qtrs
Purchases of residential whole loans and capitalized advances	`PaymentsToAcquireLoansHeldForInvestment`	$943.43M	USD	2 Qtrs
Purchases of residential whole loans and capitalized advances	`PaymentsToAcquireLoansHeldForInvestment`	$9.41M	USD	2 Qtrs
Principal payments on residential whole loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$174.71M	USD	2 Qtrs
Principal payments on residential whole loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$69.61M	USD	2 Qtrs
Proceeds from sales of real estate owned	`ProceedsFromRealEstateOwned`	$58.23M	USD	2 Qtrs
Proceeds from sales of real estate owned	`ProceedsFromRealEstateOwned`	$30.46M	USD	2 Qtrs
Purchases of real estate owned and capital improvements	`PaymentsToAcquireOtherRealEstate`	$1.88M	USD	2 Qtrs
Purchases of real estate owned and capital improvements	`PaymentsToAcquireOtherRealEstate`	$5.28M	USD	2 Qtrs
Redemption of Federal Home Loan Bank stock	`ProceedsFromSaleOfFederalHomeLoanBankStock`	$10.42M	USD	2 Qtrs
Redemption of Federal Home Loan Bank stock	`ProceedsFromSaleOfFederalHomeLoanBankStock`	-	USD	2 Qtrs
Additions to leasehold improvements, furniture and fixtures	`PaymentsToAcquireProductiveAssets`	$333.00K	USD	2 Qtrs
Additions to leasehold improvements, furniture and fixtures	`PaymentsToAcquireProductiveAssets`	$551.00K	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$266.63M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.85B	USD	2 Qtrs
Principal payments on repurchase agreements and other advances	`PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$39.59B	USD	2 Qtrs
Principal payments on repurchase agreements and other advances	`PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$32.05B	USD	2 Qtrs
Proceeds from borrowings under repurchase agreements	`ProceedsfromSecuritiesSoldunderAgreementstoRepurchase`	$31.33B	USD	2 Qtrs
Proceeds from borrowings under repurchase agreements	`ProceedsfromSecuritiesSoldunderAgreementstoRepurchase`	$37.94B	USD	2 Qtrs
Proceeds from issuance of securitized debt	`ProceedsFromIssuanceOfSecuritizedDebt`	$147.85M	USD	2 Qtrs
Proceeds from issuance of securitized debt	`ProceedsFromIssuanceOfSecuritizedDebt`	$183.97M	USD	2 Qtrs
Principal payments on securitized debt	`RepaymentsOfOtherDebt`	$28.64M	USD	2 Qtrs
Principal payments on securitized debt	`RepaymentsOfOtherDebt`	$2.65M	USD	2 Qtrs
Payments made for securitization related costs	`PaymentsMadeforSecurizationRelatedCost`	$1.01M	USD	2 Qtrs
Payments made for securitization related costs	`PaymentsMadeforSecurizationRelatedCost`	$956.00K	USD	2 Qtrs
Payments made for settlements on interest rate swap agreements (Swaps)	`PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives`	$35.84M	USD	2 Qtrs
Payments made for settlements on interest rate swap agreements (Swaps)	`PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives`	$33.32M	USD	2 Qtrs
Proceeds from settlements on Swaps	`ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives`	-	USD	2 Qtrs
Proceeds from settlements on Swaps	`ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives`	$51.71M	USD	2 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.71M	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`	$159.68M	USD	2 Qtrs
Dividends paid on common stock and dividend equivalents	`PaymentsOfDividendsCommonStock`	$149.43M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.51B	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-715.32M	USD	2 Qtrs
Net (decrease)/increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-404.89M	USD	2 Qtrs
Net (decrease)/increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$438.75M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$318.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$463.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$58.18M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$757.32M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$318.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$463.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$58.18M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$757.32M	USD	Point-in-time
Net decrease in securities obtained as collateral/obligation to return securities obtained as collateral	`SecuritiesObtainedAsCollateralNetOfReturns`	$-248.55M	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`	$27.34M	USD	1 Quarter
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`	$103.52M	USD	2 Qtrs
Transfer from residential whole loans to real estate owned	`TransferToOtherRealEstate`	$48.70M	USD	1 Quarter
Dividends and dividend equivalents declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$79.77M	USD	Point-in-time
Dividends and dividend equivalents declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$79.95M	USD	Point-in-time
Dividends and dividend equivalents declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$79.56M	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`	$3.27B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.21B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.26B	USD	Point-in-time
Net income	`NetIncomeLoss`	$158.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$70.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.94M	USD	1 Quarter
Net income	`NetIncomeLoss`	$153.79M	USD	2 Qtrs
Issuance of common stock, net of expenses	`StockIssuedDuringPeriodValueNewIssues`	$186.25M	USD	2 Qtrs
Issuance of common stock, net of expenses	`StockIssuedDuringPeriodValueNewIssues`	$1.71M	USD	2 Qtrs
Repurchase of shares of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	0.00	shares	2 Qtrs
Repurchase of shares of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.96M	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`	$2.80M	USD	2 Qtrs
Accrued dividends attributable to stock-based awards	`AdjustmentsToAdditionalPaidInCapitalOther`	$225.00K	USD	2 Qtrs
Accrued dividends attributable to stock-based awards	`AdjustmentsToAdditionalPaidInCapitalOther`	$200.00K	USD	2 Qtrs
Dividends declared on common stock	`DividendsCommonStock`	$159.39M	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`	$461.00K	USD	2 Qtrs
Dividends attributable to dividend equivalents	`DividendsDividendEquivalentRights`	$481.00K	USD	2 Qtrs
Change in unrealized gains on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-72.10M	USD	2 Qtrs
Change in unrealized gains on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$47.82M	USD	2 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$27.58M	USD	2 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$10.88M	USD	2 Qtrs
Balance	`StockholdersEquity`	$3.27B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.21B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.26B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$158.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$70.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.94M	USD	1 Quarter
Net income	`NetIncomeLoss`	$153.79M	USD	2 Qtrs
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`	$15.46M	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`	$5.18M	USD	1 Quarter
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities`	-	USD	1 Quarter
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities`	-	USD	2 Qtrs
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities`	$618.00K	USD	1 Quarter
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities`	$1.03M	USD	2 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$7.92M	USD	1 Quarter
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$10.88M	USD	2 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$27.58M	USD	2 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.02M	USD	1 Quarter
Other Comprehensive (Loss)/Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$37.72M	USD	1 Quarter
Other Comprehensive (Loss)/Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$58.70M	USD	2 Qtrs
Other Comprehensive (Loss)/Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-18.02M	USD	1 Quarter
Other Comprehensive (Loss)/Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-44.51M	USD	2 Qtrs
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$109.28M	USD	2 Qtrs
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$117.65M	USD	1 Quarter
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$52.38M	USD	1 Quarter
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$216.69M	USD	2 Qtrs
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
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$3.75M	USD	1 Quarter
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$48.63M	USD	1 Quarter
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$101.78M	USD	2 Qtrs
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$209.19M	USD	2 Qtrs
Comprehensive Income Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$113.90M	USD	1 Quarter

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