10-Q Filing

MFA FINANCIAL, INC. CIK: 1055160 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001055160-18-000016`
Period End Date	20180930
Filing Date	20181106
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	mfa-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 87 Cash Flow Statement 99 Stockholders Equity 35 Comprehensive Income 32

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
MSR Related Assets, pledged as collateral (in dollars)	`ServicingRightsPledgedAsCollateral`	$482.16M	USD	Point-in-time
MSR Related Assets, pledged as collateral (in dollars)	`ServicingRightsPledgedAsCollateral`	$565.27M	USD	Point-in-time
Residential whole loans, carrying value	`LoansPledgedAsCollateral`	$448.69M	USD	Point-in-time
Residential whole loans, carrying value	`LoansPledgedAsCollateral`	$1.15B	USD	Point-in-time
Mortgage-backed securities and credit risk transfer securities	`AvailableForSaleSecuritiesDebtSecurities`	$7.02B	USD	Point-in-time
Residential whole loans, fair value	`PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue`	$996.23M	USD	Point-in-time
Mortgage-backed securities and credit risk transfer securities	`AvailableForSaleSecuritiesDebtSecurities`	$6.78B	USD	Point-in-time
Residential whole loans, fair value	`PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue`	$685.10M	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 ($565,272 and $482,158 pledged as collateral, respectively)	`ServicingAssetAtFairValueAmount`	$565.27M	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 ($565,272 and $482,158 pledged as collateral, respectively)	`ServicingAssetAtFairValueAmount`	$492.08M	USD	Point-in-time
Residential whole loans, at carrying value ($1,149,293 and $448,689 pledged as collateral, respectively)	`ResidentialWholeLoansCarryingValue`	$908.52M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	8.05M	shares	Point-in-time
Residential whole loans, at carrying value ($1,149,293 and $448,689 pledged as collateral, respectively)	`ResidentialWholeLoansCarryingValue`	$2.47B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	8.05M	shares	Point-in-time
Preferred stock, dividend rate (as a percent)	`PreferredStockDividendRatePercentage`	0.07	pure	3 Qtrs
Residential whole loans, at fair value ($685,095 and $996,226 pledged as collateral, respectively)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue`	$1.45B	USD	Point-in-time
Residential whole loans, at fair value ($685,095 and $996,226 pledged as collateral, respectively)	`CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue`	$1.33B	USD	Point-in-time
Preferred stock, dividend rate (as a percent)	`PreferredStockDividendRatePercentage`	0.07	pure	Annual
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$104.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$449.76M	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
Restricted cash	`RestrictedCashAndCashEquivalents`	$6.49M	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
Restricted cash	`RestrictedCashAndCashEquivalents`	$13.31M	USD	Point-in-time
Preferred stock, aggregate liquidation preference (in dollars)	`PreferredStockLiquidationPreferenceValue`	$200.00M	USD	Point-in-time
Other assets	`OtherAssets`	$406.07M	USD	Point-in-time
Preferred stock, aggregate liquidation preference (in dollars)	`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
Total Assets	`Assets`	$11.78B	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
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`	449.47M	shares	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$6.61B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$7.28B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	397.83M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	449.47M	shares	Point-in-time
Other liabilities	`OtherLiabilities`	$951.48M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	397.83M	shares	Point-in-time
Other liabilities	`OtherLiabilities`	$1.08B	USD	Point-in-time
Total Liabilities	`Liabilities`	$7.69B	USD	Point-in-time
Total Liabilities	`Liabilities`	$8.23B	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; 449,472 and 397,831 shares issued and outstanding, respectively	`CommonStockValue`	$4.50M	USD	Point-in-time
Common stock, $.01 par value; 886,950 shares authorized; 449,472 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`	$3.62B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-598.97M	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`	$526.37M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.26B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.55B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.26B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.03B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$11.78B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$10.95B	USD	Point-in-time

Income Statement 87 line items

Line Item	Tag	Value	Unit	Period
MSR related assets	`InterestIncomeOther`	$17.83M	USD	3 Qtrs
MSR related assets	`InterestIncomeOther`	$20.25M	USD	3 Qtrs
MSR related assets	`InterestIncomeOther`	$6.41M	USD	1 Quarter
MSR related assets	`InterestIncomeOther`	$7.19M	USD	1 Quarter
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$29.52M	USD	1 Quarter
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$26.22M	USD	3 Qtrs
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$61.79M	USD	3 Qtrs
Residential whole loans held at carrying value	`InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate`	$9.03M	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
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$2.35M	USD	3 Qtrs
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$754.00K	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$117.43M	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$322.93M	USD	3 Qtrs
Interest Income	`InterestAndDividendIncomeOperating`	$105.13M	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$332.55M	USD	3 Qtrs
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$141.44M	USD	3 Qtrs
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$46.30M	USD	1 Quarter
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$142.83M	USD	3 Qtrs
Repurchase agreements and other advances	`InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances`	$50.88M	USD	1 Quarter
Other interest expense	`InterestExpenseDebt`	$2.97M	USD	1 Quarter
Other interest expense	`InterestExpenseDebt`	$7.20M	USD	3 Qtrs
Other interest expense	`InterestExpenseDebt`	$8.00M	USD	1 Quarter
Other interest expense	`InterestExpenseDebt`	$18.41M	USD	3 Qtrs
Interest Expense	`InterestExpense`	$49.27M	USD	1 Quarter
Interest Expense	`InterestExpense`	$148.65M	USD	3 Qtrs
Interest Expense	`InterestExpense`	$58.88M	USD	1 Quarter
Interest Expense	`InterestExpense`	$161.24M	USD	3 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$58.55M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$183.90M	USD	3 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$161.69M	USD	3 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$55.86M	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`	$105.88M	USD	3 Qtrs
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$48.66M	USD	3 Qtrs
Net gain on residential whole loans held at fair value	`MortgageLoansonRealEstateGainLossonLoansatFairValue`	$34.94M	USD	1 Quarter
Net gain on sales of investment securities	`DebtSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment`	$14.93M	USD	1 Quarter
Net gain on sales of investment securities	`DebtSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment`	$32.66M	USD	3 Qtrs
Net gain on sales of investment securities	`DebtSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment`	$16.41M	USD	1 Quarter
Net gain on sales of investment securities	`DebtSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment`	$30.53M	USD	3 Qtrs
Other, net	`OtherOperatingIncomeExpenseNet`	$-4.51M	USD	1 Quarter
Other, net	`OtherOperatingIncomeExpenseNet`	$13.81M	USD	3 Qtrs
Other, net	`OtherOperatingIncomeExpenseNet`	$-3.00M	USD	1 Quarter
Other, net	`OtherOperatingIncomeExpenseNet`	$-1.52M	USD	3 Qtrs
Other Income, net	`NoninterestIncome`	$93.00M	USD	3 Qtrs
Other Income, net	`NoninterestIncome`	$48.36M	USD	1 Quarter
Other Income, net	`NoninterestIncome`	$29.10M	USD	1 Quarter
Other Income, net	`NoninterestIncome`	$137.03M	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$20.65M	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$10.89M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$26.26M	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$6.87M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$14.06M	USD	3 Qtrs
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$4.08M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$4.16M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$13.57M	USD	3 Qtrs
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$6.18M	USD	1 Quarter
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$8.76M	USD	1 Quarter
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$23.57M	USD	3 Qtrs
Loan servicing and other related operating expenses	`OtherCostAndExpenseOperating`	$14.79M	USD	3 Qtrs
Operating and Other Expense	`CostsAndExpenses`	$21.15M	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$19.78M	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$57.79M	USD	3 Qtrs
Operating and Other Expense	`CostsAndExpenses`	$55.10M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$221.80M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$63.80M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$87.13M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$240.92M	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
Less Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$11.25M	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`	$229.67M	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`	$83.38M	USD	1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.19	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`	$0.56	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`	$0.60	USD	3 Qtrs
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	Point-in-time
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Dividends Declared per Share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
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 99 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$221.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$63.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$240.92M	USD	3 Qtrs
Gain on sales of MBS, CRT securities and U.S. Treasury securities	`DebtSecuritiesGainLoss`	$30.53M	USD	3 Qtrs
Gain on sales of MBS, CRT securities and U.S. Treasury securities	`DebtSecuritiesGainLoss`	$32.66M	USD	3 Qtrs
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$805.00K	USD	1 Quarter
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$6.58M	USD	3 Qtrs
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$2.00M	USD	1 Quarter
Gain on sales of real estate owned	`GainsLossesOnSalesOfOtherRealEstate`	$2.84M	USD	3 Qtrs
Gain on liquidation of residential whole loans	`GainonLiquidationofResidentialWholeLoans`	$7.18M	USD	3 Qtrs
Gain on liquidation of residential whole loans	`GainonLiquidationofResidentialWholeLoans`	$18.60M	USD	3 Qtrs
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	3 Qtrs
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	1 Quarter
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	$1.03M	USD	3 Qtrs
Other-than-temporary impairment charges	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	1 Quarter
Accretion of purchase discounts on MBS and CRT securities, residential whole loans and MSR related assets	`AccretionofPurchaseDiscounts`	$64.21M	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
Amortization of purchase premiums on MBS, CRT securities, and residential whole loans	`AmortizationOfPurchasePremiums`	$23.77M	USD	3 Qtrs
Amortization of purchase premiums on MBS, CRT securities, and residential whole loans	`AmortizationOfPurchasePremiums`	$21.14M	USD	3 Qtrs
Depreciation and amortization on real estate, fixed assets and other assets	`DepreciationAndAmortization`	$1.20M	USD	3 Qtrs
Depreciation and amortization on real estate, fixed assets and other assets	`DepreciationAndAmortization`	$1.35M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$5.37M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$3.89M	USD	3 Qtrs
Unrealized gain on residential whole loans at fair value	`UnrealizedGainLossOnInvestments`	$26.79M	USD	3 Qtrs
Unrealized gain on residential whole loans at fair value	`UnrealizedGainLossOnInvestments`	$12.50M	USD	3 Qtrs
Unrealized losses/(gains) on MBS and CRT securities	`UnrealizedLossesGainsonSecuritiesHeldAtFairValueandSwapsNotDesignatedasHedges`	$11.93M	USD	3 Qtrs
Unrealized losses/(gains) on MBS and CRT securities	`UnrealizedLossesGainsonSecuritiesHeldAtFairValueandSwapsNotDesignatedasHedges`	$-2.77M	USD	3 Qtrs
(Increase)/decrease in other assets and other	`IncreaseDecreaseInOtherOperatingAssets`	$31.02M	USD	3 Qtrs
(Increase)/decrease in other assets and other	`IncreaseDecreaseInOtherOperatingAssets`	$-10.54M	USD	3 Qtrs
Increase/(decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-10.25M	USD	3 Qtrs
Increase/(decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$33.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$121.41M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$90.25M	USD	3 Qtrs
Principal payments on MBS, CRT securities and MSR related assets	`ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments`	$3.39B	USD	3 Qtrs
Principal payments on MBS, CRT securities and MSR related assets	`ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments`	$1.80B	USD	3 Qtrs
Proceeds from sales of MBS, CRT securities and U.S. Treasury securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$222.14M	USD	3 Qtrs
Proceeds from sales of MBS, CRT securities and U.S. Treasury securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$341.59M	USD	3 Qtrs
Purchases of MBS, CRT securities, MSR related assets and U.S. Treasury securities	`PaymentsToAcquireInvestments`	$2.02B	USD	3 Qtrs
Purchases of MBS, CRT securities, MSR related assets and U.S. Treasury securities	`PaymentsToAcquireInvestments`	$1.43B	USD	3 Qtrs
Purchases of residential whole loans and capitalized advances	`PaymentsToAcquireLoansHeldForInvestment`	$391.61M	USD	3 Qtrs
Purchases of residential whole loans and capitalized advances	`PaymentsToAcquireLoansHeldForInvestment`	$2.16B	USD	3 Qtrs
Principal payments on residential whole loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$105.55M	USD	3 Qtrs
Principal payments on residential whole loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$345.92M	USD	3 Qtrs
Proceeds from sales of real estate owned	`ProceedsFromRealEstateOwned`	$93.64M	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`	$10.18M	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`	$10.42M	USD	3 Qtrs
Redemption of Federal Home Loan Bank stock	`ProceedsFromSaleOfFederalHomeLoanBankStock`	-	USD	3 Qtrs
Additions to leasehold improvements, furniture and fixtures	`PaymentsToAcquireProductiveAssets`	$596.00K	USD	3 Qtrs
Additions to leasehold improvements, furniture and fixtures	`PaymentsToAcquireProductiveAssets`	$1.01M	USD	3 Qtrs
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.94B	USD	3 Qtrs
Net cash (used in)/provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.61B	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`	$48.99B	USD	3 Qtrs
Proceeds from borrowings under repurchase agreements	`ProceedsfromSecuritiesSoldunderAgreementstoRepurchase`	$49.65B	USD	3 Qtrs
Proceeds from borrowings under repurchase agreements	`ProceedsfromSecuritiesSoldunderAgreementstoRepurchase`	$55.30B	USD	3 Qtrs
Proceeds from issuance of securitized debt	`ProceedsFromIssuanceOfSecuritizedDebt`	$419.97M	USD	3 Qtrs
Proceeds from issuance of securitized debt	`ProceedsFromIssuanceOfSecuritizedDebt`	$147.85M	USD	3 Qtrs
Principal payments on securitized debt	`RepaymentsOfOtherDebt`	$67.94M	USD	3 Qtrs
Principal payments on securitized debt	`RepaymentsOfOtherDebt`	$9.14M	USD	3 Qtrs
Payments made for securitization related costs	`PaymentsMadeforSecurizationRelatedCost`	$2.47M	USD	3 Qtrs
Payments made for securitization related costs	`PaymentsMadeforSecurizationRelatedCost`	$1.52M	USD	3 Qtrs
Payments made for settlements on interest rate swap agreements (Swaps)	`PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives`	$30.05M	USD	3 Qtrs
Payments made for settlements on interest rate swap agreements (Swaps)	`PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives`	$40.88M	USD	3 Qtrs
Proceeds from settlements on Swaps	`ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives`	$57.66M	USD	3 Qtrs
Proceeds from settlements on Swaps	`ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives`	-	USD	3 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$190.93M	USD	3 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$391.93M	USD	3 Qtrs
Payments made for costs related to common stock issuances	`PaymentsOfStockIssuanceCosts`	$412.00K	USD	3 Qtrs
Payments made for costs related to common stock issuances	`PaymentsOfStockIssuanceCosts`	$350.00K	USD	3 Qtrs
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$11.25M	USD	3 Qtrs
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$11.25M	USD	3 Qtrs
Dividends paid on common stock and dividend equivalents	`PaymentsOfDividendsCommonStock`	$228.98M	USD	3 Qtrs
Dividends paid on common stock and dividend equivalents	`PaymentsOfDividendsCommonStock`	$239.62M	USD	3 Qtrs
Net cash provided by/(used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.76B	USD	3 Qtrs
Net cash provided by/(used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.17B	USD	3 Qtrs
Net (decrease)/increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-352.39M	USD	3 Qtrs
Net (decrease)/increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$305.04M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$623.61M	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`	$110.67M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$318.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$623.61M	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`	$110.67M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$318.57M	USD	Point-in-time
Net (decrease)/increase in securities obtained as collateral/obligation to return securities obtained as collateral	`SecuritiesObtainedAsCollateralNetOfReturns`	$131.93M	USD	3 Qtrs
Net (decrease)/increase in securities obtained as collateral/obligation to return securities obtained as collateral	`SecuritiesObtainedAsCollateralNetOfReturns`	$-505.85M	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`	$38.94M	USD	1 Quarter
Transfer from residential whole loans to real estate owned	`TransferToOtherRealEstate`	$161.57M	USD	3 Qtrs
Transfer from residential whole loans to real estate owned	`TransferToOtherRealEstate`	$58.05M	USD	1 Quarter
Dividends and dividend equivalents declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$90.14M	USD	Point-in-time
Dividends and dividend equivalents declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$79.61M	USD	Point-in-time
Dividends and dividend equivalents declared and unpaid	`DividendsPayableCurrentAndNoncurrent`	$79.77M	USD	Point-in-time
Payable for unsettled MBS and residential whole loans purchases	`NoncashPayableforUnsettledLoanPurchases`	$10.89M	USD	3 Qtrs
Payable for unsettled MBS and residential whole loans purchases	`NoncashPayableforUnsettledLoanPurchases`	$124.01M	USD	3 Qtrs

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	3 Qtrs
Preferred Stock, dividend rate	`PreferredStockDividendRatePercentage`	0.07	pure	Annual
Balance	`StockholdersEquity`	$3.26B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.55B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.26B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.03B	USD	Point-in-time
Net income	`NetIncomeLoss`	$221.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$63.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$240.92M	USD	3 Qtrs
Issuance of common stock, net of expenses	`StockIssuedDuringPeriodValueNewIssues`	$190.51M	USD	3 Qtrs
Issuance of common stock, net of expenses	`StockIssuedDuringPeriodValueNewIssues`	$391.58M	USD	3 Qtrs
Repurchase of shares of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	0.00	shares	3 Qtrs
Repurchase of shares of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.96M	USD	3 Qtrs
Repurchase of shares of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$5.16M	USD	3 Qtrs
Equity based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.89M	USD	3 Qtrs
Equity based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.21M	USD	3 Qtrs
Accrued dividends attributable to stock-based awards	`AdjustmentsToAdditionalPaidInCapitalOther`	$20.00K	USD	3 Qtrs
Accrued dividends attributable to stock-based awards	`AdjustmentsToAdditionalPaidInCapitalOther`	$-31.00K	USD	3 Qtrs
Dividends declared on common stock	`DividendsCommonStock`	$249.29M	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`	$3.75M	USD	1 Quarter
Dividends declared on preferred stock	`DividendsPreferredStock`	$11.25M	USD	3 Qtrs
Dividends declared on preferred stock	`DividendsPreferredStock`	$11.25M	USD	3 Qtrs
Dividends attributable to dividend equivalents	`DividendsDividendEquivalentRights`	$686.00K	USD	3 Qtrs
Dividends attributable to dividend equivalents	`DividendsDividendEquivalentRights`	$701.00K	USD	3 Qtrs
Change in unrealized gains on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-115.83M	USD	3 Qtrs
Change in unrealized gains on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$39.87M	USD	3 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$16.67M	USD	3 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$32.97M	USD	3 Qtrs
Balance	`StockholdersEquity`	$3.26B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.55B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.26B	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`	$221.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$63.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$240.92M	USD	3 Qtrs
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`	$30.28M	USD	3 Qtrs
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$25.58M	USD	3 Qtrs
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$9.46M	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	3 Qtrs
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities`	$1.03M	USD	3 Qtrs
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities`	-	USD	1 Quarter
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$5.79M	USD	1 Quarter
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$16.67M	USD	3 Qtrs
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$5.39M	USD	1 Quarter
Derivative hedging instrument fair value changes, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$32.97M	USD	3 Qtrs
Other Comprehensive (Loss)/Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-38.34M	USD	1 Quarter
Other Comprehensive (Loss)/Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-82.86M	USD	3 Qtrs
Other Comprehensive (Loss)/Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.16M	USD	1 Quarter
Other Comprehensive (Loss)/Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$56.54M	USD	3 Qtrs
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$61.65M	USD	1 Quarter
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$48.79M	USD	1 Quarter
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$278.34M	USD	3 Qtrs
Comprehensive income before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$158.07M	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
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$11.25M	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`	$45.04M	USD	1 Quarter
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`	$146.82M	USD	3 Qtrs

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