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10-Q Filing

MFA FINANCIAL, INC. CIK: 1055160 Q3 2019
Filing Information
Form Type 10-Q
Accession Number 0001055160-19-000025
Period End Date 20190930
Filing Date 20191106
Fiscal Year 2019
Fiscal Period Q3
XBRL Instance mfa-09302019x10q_htm.xml
Balance Sheet 70 line items
Line Item Tag Value Unit Period
Mortgage-backed securities and credit risk transfer securities AvailableForSaleSecuritiesDebtSecurities $6.51B USD Point-in-time
Mortgage-backed securities and credit risk transfer securities AvailableForSaleSecuritiesDebtSecurities $4.59B USD Point-in-time
Residential whole loans, carrying value LoansPledgedAsCollateral $1.65B USD Point-in-time
Residential whole loans, at carrying value ($3,657,830 and $1,645,372 pledged as collateral, respectively) (1) ResidentialWholeLoansCarryingValue $3.02B USD Point-in-time
Residential whole loans, at carrying value ($3,657,830 and $1,645,372 pledged as collateral, respectively) (1) ResidentialWholeLoansCarryingValue $4.97B USD Point-in-time
Residential whole loans, carrying value LoansPledgedAsCollateral $3.66B USD Point-in-time
Residential whole loans, fair value PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue $738.64M USD Point-in-time
Residential whole loans, at fair value ($835,762 and $738,638 pledged as collateral, respectively) (1) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue $1.45B USD Point-in-time
Residential whole loans, fair value PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue $835.76M USD Point-in-time
Residential whole loans, at fair value ($835,762 and $738,638 pledged as collateral, respectively) (1) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue $1.67B USD Point-in-time
MSR-Related Assets, pledged as collateral (in dollars) ServicingRightsPledgedAsCollateral $611.81M USD Point-in-time
Mortgage servicing rights (MSR) related assets ($1,164,284 and $611,807 pledged as collateral, respectively) ServicingAssetAtFairValueAmount $611.81M USD Point-in-time
Mortgage servicing rights (MSR) related assets ($1,164,284 and $611,807 pledged as collateral, respectively) ServicingAssetAtFairValueAmount $1.16B USD Point-in-time
MSR-Related Assets, pledged as collateral (in dollars) ServicingRightsPledgedAsCollateral $1.16B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $154.19M 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
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $51.97M 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
Restricted cash RestrictedCashAndCashEquivalents $36.74M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $39.00M USD Point-in-time
Preferred stock, dividend rate (as a percent) PreferredStockDividendRatePercentage 0.07 pure 3 Qtrs
Preferred stock, dividend rate (as a percent) PreferredStockDividendRatePercentage 0.07 pure Annual
Other assets OtherAssets $735.21M USD Point-in-time
Other assets OtherAssets $527.78M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 8.00M shares Point-in-time
Total Assets Assets $12.42B USD Point-in-time
Total Assets Assets $13.10B USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 8.00M shares Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 8.00M shares Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 8.00M shares Point-in-time
Preferred stock, aggregate liquidation preference (in dollars) PreferredStockLiquidationPreferenceValue $200.00M USD Point-in-time
Repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $7.88B USD Point-in-time
Repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $8.57B USD Point-in-time
Preferred stock, aggregate liquidation preference (in dollars) PreferredStockLiquidationPreferenceValue $200.00M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Other liabilities OtherLiabilities $1.13B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Other liabilities OtherLiabilities $1.13B USD Point-in-time
Total Liabilities Liabilities $9.70B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 886.95M shares Point-in-time
Total Liabilities Liabilities $9.00B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 886.95M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 449.79M shares Point-in-time
Commitments and contingencies (See Note 10) CommitmentsAndContingencies - USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 451.69M shares Point-in-time
Commitments and contingencies (See Note 10) CommitmentsAndContingencies - USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 451.69M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 449.79M shares 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; 451,692 and 449,787 shares issued and outstanding, respectively CommonStockValue $4.52M USD Point-in-time
Common stock, $.01 par value; 886,950 shares authorized; 451,692 and 449,787 shares issued and outstanding, respectively CommonStockValue $4.50M USD Point-in-time
Additional paid-in capital, in excess of par AdditionalPaidInCapital $3.63B USD Point-in-time
Additional paid-in capital, in excess of par AdditionalPaidInCapital $3.62B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-632.04M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-637.16M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $420.29M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $401.85M USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.26B USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.42B USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.40B USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.40B USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.24B USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.21B USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.55B USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.40B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $13.10B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $12.42B USD Point-in-time
Income Statement 100 line items
Line Item Tag Value Unit Period
Residential whole loans held at carrying value InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate $171.72M USD 3 Qtrs
Residential whole loans held at carrying value InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate $29.52M USD 1 Quarter
Residential whole loans held at carrying value InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate $64.23M USD 1 Quarter
Residential whole loans held at carrying value InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate $61.79M USD 3 Qtrs
MSR-related assets InterestIncomeOther $38.23M USD 3 Qtrs
MSR-related assets InterestIncomeOther $15.27M USD 1 Quarter
MSR-related assets InterestIncomeOther $6.41M USD 1 Quarter
MSR-related assets InterestIncomeOther $20.25M USD 3 Qtrs
Cash and cash equivalent investments InterestIncomeDepositsWithFinancialInstitutions $903.00K USD 1 Quarter
Cash and cash equivalent investments InterestIncomeDepositsWithFinancialInstitutions $2.70M USD 3 Qtrs
Cash and cash equivalent investments InterestIncomeDepositsWithFinancialInstitutions $2.35M USD 3 Qtrs
Cash and cash equivalent investments InterestIncomeDepositsWithFinancialInstitutions $754.00K USD 1 Quarter
Other interest-earning assets OtherOperatingIncome $1.68M USD 1 Quarter
Other interest-earning assets OtherOperatingIncome - USD 3 Qtrs
Other interest-earning assets OtherOperatingIncome - USD 1 Quarter
Other interest-earning assets OtherOperatingIncome $4.27M USD 3 Qtrs
Interest Income InterestAndDividendIncomeOperating $322.93M USD 3 Qtrs
Interest Income InterestAndDividendIncomeOperating $117.43M USD 1 Quarter
Interest Income InterestAndDividendIncomeOperating $428.61M USD 3 Qtrs
Interest Income InterestAndDividendIncomeOperating $142.72M USD 1 Quarter
Repurchase agreements InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $142.83M USD 3 Qtrs
Repurchase agreements InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $220.94M USD 3 Qtrs
Repurchase agreements InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $50.88M USD 1 Quarter
Repurchase agreements InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $74.24M USD 1 Quarter
Other interest expense InterestExpenseDebt $11.58M USD 1 Quarter
Other interest expense InterestExpenseDebt $28.95M USD 3 Qtrs
Other interest expense InterestExpenseDebt $8.00M USD 1 Quarter
Other interest expense InterestExpenseDebt $18.41M USD 3 Qtrs
Interest Expense InterestExpense $161.24M USD 3 Qtrs
Interest Expense InterestExpense $58.88M USD 1 Quarter
Interest Expense InterestExpense $249.89M USD 3 Qtrs
Interest Expense InterestExpense $85.82M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $56.90M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $58.55M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $178.72M USD 3 Qtrs
Net Interest Income InterestIncomeExpenseNet $161.69M USD 3 Qtrs
Net gain on residential whole loans measured at fair value through earnings MortgageLoansonRealEstateGainLossonLoansatFairValue $105.88M USD 3 Qtrs
Net gain on residential whole loans measured at fair value through earnings MortgageLoansonRealEstateGainLossonLoansatFairValue $40.17M USD 1 Quarter
Net gain on residential whole loans measured at fair value through earnings MortgageLoansonRealEstateGainLossonLoansatFairValue $116.92M USD 3 Qtrs
Net gain on residential whole loans measured at fair value through earnings MortgageLoansonRealEstateGainLossonLoansatFairValue $34.94M USD 1 Quarter
Net realized gain on sales of residential mortgage securities DebtSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment $32.66M USD 3 Qtrs
Net realized gain on sales of residential mortgage securities DebtSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment $50.03M USD 3 Qtrs
Net realized gain on sales of residential mortgage securities DebtSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment $16.41M USD 1 Quarter
Net realized gain on sales of residential mortgage securities DebtSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment $17.71M USD 1 Quarter
Net unrealized (loss)/gain on residential mortgage securities measured at fair value through earnings DebtSecuritiesUnrealizedGainLossResidentialMortgageSecuritiesMeasuredatFairValue $-571.00K USD 1 Quarter
Net unrealized (loss)/gain on residential mortgage securities measured at fair value through earnings DebtSecuritiesUnrealizedGainLossResidentialMortgageSecuritiesMeasuredatFairValue $-8.54M USD 1 Quarter
Net unrealized (loss)/gain on residential mortgage securities measured at fair value through earnings DebtSecuritiesUnrealizedGainLossResidentialMortgageSecuritiesMeasuredatFairValue $-11.78M USD 3 Qtrs
Net unrealized (loss)/gain on residential mortgage securities measured at fair value through earnings DebtSecuritiesUnrealizedGainLossResidentialMortgageSecuritiesMeasuredatFairValue $8.10M USD 3 Qtrs
Net (loss)/gain on Swaps not designated as hedges for accounting purposes DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-17.27M USD 3 Qtrs
Net (loss)/gain on Swaps not designated as hedges for accounting purposes DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $4.00M USD 1 Quarter
Net (loss)/gain on Swaps not designated as hedges for accounting purposes DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $4.36M USD 3 Qtrs
Net (loss)/gain on Swaps not designated as hedges for accounting purposes DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-929.00K USD 1 Quarter
Other, net OtherOperatingIncomeExpenseNet $6.05M USD 1 Quarter
Other, net OtherOperatingIncomeExpenseNet $1.54M USD 1 Quarter
Other, net OtherOperatingIncomeExpenseNet $5.90M USD 3 Qtrs
Other, net OtherOperatingIncomeExpenseNet $12.68M USD 3 Qtrs
Other Income, net NoninterestIncome $170.46M USD 3 Qtrs
Other Income, net NoninterestIncome $137.03M USD 3 Qtrs
Other Income, net NoninterestIncome $48.36M USD 1 Quarter
Other Income, net NoninterestIncome $62.43M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $7.92M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $6.87M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $20.65M USD 3 Qtrs
Compensation and benefits LaborAndRelatedExpense $24.32M USD 3 Qtrs
Other general and administrative expense OtherGeneralAndAdministrativeExpense $13.57M USD 3 Qtrs
Other general and administrative expense OtherGeneralAndAdministrativeExpense $4.16M USD 1 Quarter
Other general and administrative expense OtherGeneralAndAdministrativeExpense $5.02M USD 1 Quarter
Other general and administrative expense OtherGeneralAndAdministrativeExpense $15.60M USD 3 Qtrs
Loan servicing and other related operating expenses OtherCostAndExpenseOperating $31.76M USD 3 Qtrs
Loan servicing and other related operating expenses OtherCostAndExpenseOperating $8.76M USD 1 Quarter
Loan servicing and other related operating expenses OtherCostAndExpenseOperating $10.79M USD 1 Quarter
Loan servicing and other related operating expenses OtherCostAndExpenseOperating $23.57M USD 3 Qtrs
Operating and Other Expense CostsAndExpenses $71.68M USD 3 Qtrs
Operating and Other Expense CostsAndExpenses $57.79M USD 3 Qtrs
Operating and Other Expense CostsAndExpenses $23.73M USD 1 Quarter
Operating and Other Expense CostsAndExpenses $19.78M USD 1 Quarter
Net Income NetIncomeLoss $277.50M USD 3 Qtrs
Net Income NetIncomeLoss $88.86M USD 1 Quarter
Net Income NetIncomeLoss $70.39M USD 1 Quarter
Net Income NetIncomeLoss $95.60M USD 1 Quarter
Net Income NetIncomeLoss $87.13M USD 1 Quarter
Net Income NetIncomeLoss $93.04M USD 1 Quarter
Net Income NetIncomeLoss $83.39M USD 1 Quarter
Net Income NetIncomeLoss $240.92M USD 3 Qtrs
Less Preferred Stock Dividends PreferredStockDividendsIncomeStatementImpact $11.25M USD 3 Qtrs
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
Net Income Available to Common Stock and Participating Securities NetIncomeLossAvailabletoCommonStockholdersBasicandParticipatingSecurities $91.85M USD 1 Quarter
Net Income Available to Common Stock and Participating Securities NetIncomeLossAvailabletoCommonStockholdersBasicandParticipatingSecurities $83.38M USD 1 Quarter
Net Income Available to Common Stock and Participating Securities NetIncomeLossAvailabletoCommonStockholdersBasicandParticipatingSecurities $266.25M USD 3 Qtrs
Net Income Available to Common Stock and Participating Securities NetIncomeLossAvailabletoCommonStockholdersBasicandParticipatingSecurities $229.67M USD 3 Qtrs
Basic Earnings per Common Share (usd per share) EarningsPerShareBasic $0.20 USD 1 Quarter
Basic Earnings per Common Share (usd per share) EarningsPerShareBasic $0.19 USD 1 Quarter
Basic Earnings per Common Share (usd per share) EarningsPerShareBasic $0.59 USD 3 Qtrs
Basic Earnings per Common Share (usd per share) EarningsPerShareBasic $0.56 USD 3 Qtrs
Diluted Earnings per Common Share (usd per share) EarningsPerShareDiluted $0.56 USD 3 Qtrs
Diluted Earnings per Common Share (usd per share) EarningsPerShareDiluted $0.58 USD 3 Qtrs
Diluted Earnings per Common Share (usd per share) EarningsPerShareDiluted $0.19 USD 1 Quarter
Diluted Earnings per Common Share (usd per share) EarningsPerShareDiluted $0.20 USD 1 Quarter
Cash Flow Statement 100 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $277.50M USD 3 Qtrs
Net income NetIncomeLoss $88.86M USD 1 Quarter
Net income NetIncomeLoss $70.39M USD 1 Quarter
Net income NetIncomeLoss $95.60M USD 1 Quarter
Net income NetIncomeLoss $87.13M USD 1 Quarter
Net income NetIncomeLoss $93.04M USD 1 Quarter
Net income NetIncomeLoss $83.39M USD 1 Quarter
Net income NetIncomeLoss $240.92M USD 3 Qtrs
Gain on sales of residential mortgage securities DebtSecuritiesGainLoss $32.66M USD 3 Qtrs
Gain on sales of residential mortgage securities DebtSecuritiesGainLoss $50.03M USD 3 Qtrs
Gain on sales of real estate owned GainsLossesOnSalesOfOtherRealEstate $5.79M USD 3 Qtrs
Gain on sales of real estate owned GainsLossesOnSalesOfOtherRealEstate $6.58M USD 3 Qtrs
Gain on sales of real estate owned GainsLossesOnSalesOfOtherRealEstate $2.10M USD 1 Quarter
Gain on sales of real estate owned GainsLossesOnSalesOfOtherRealEstate $2.00M USD 1 Quarter
Gain on liquidation of residential whole loans GainonLiquidationofResidentialWholeLoans $18.60M USD 3 Qtrs
Gain on liquidation of residential whole loans GainonLiquidationofResidentialWholeLoans $14.54M USD 3 Qtrs
Accretion of purchase discounts on residential mortgage securities, residential whole loans and MSR-related assets AccretionofPurchaseDiscounts $45.99M USD 3 Qtrs
Accretion of purchase discounts on residential mortgage securities, residential whole loans and MSR-related assets AccretionofPurchaseDiscounts $64.21M USD 3 Qtrs
Amortization of purchase premiums on residential mortgage securities and residential whole loans AmortizationOfPurchasePremiums $32.09M USD 3 Qtrs
Amortization of purchase premiums on residential mortgage securities and residential whole loans AmortizationOfPurchasePremiums $21.14M USD 3 Qtrs
Depreciation and amortization on real estate, fixed assets and other assets DepreciationAndAmortization $1.35M USD 3 Qtrs
Depreciation and amortization on real estate, fixed assets and other assets DepreciationAndAmortization $1.96M USD 3 Qtrs
Equity-based compensation expense ShareBasedCompensation $3.89M USD 3 Qtrs
Equity-based compensation expense ShareBasedCompensation $4.72M USD 3 Qtrs
Unrealized gains on residential whole loans at fair value UnrealizedGainLossOnInvestments $26.79M USD 3 Qtrs
Unrealized gains on residential whole loans at fair value UnrealizedGainLossOnInvestments $33.31M USD 3 Qtrs
Unrealized losses/(gains) on residential mortgage securities and interest rate swap agreements (Swaps) and other UnrealizedLossesGainsonSecuritiesHeldAtFairValueandSwapsNotDesignatedasHedges $-2.77M USD 3 Qtrs
Unrealized losses/(gains) on residential mortgage securities and interest rate swap agreements (Swaps) and other UnrealizedLossesGainsonSecuritiesHeldAtFairValueandSwapsNotDesignatedasHedges $122.00K USD 3 Qtrs
Increase in other assets IncreaseDecreaseInOtherOperatingAssets $31.02M USD 3 Qtrs
Increase in other assets IncreaseDecreaseInOtherOperatingAssets $24.65M USD 3 Qtrs
Increase in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $33.00K USD 3 Qtrs
Increase in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $11.76M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $90.25M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $153.60M USD 3 Qtrs
Principal payments on residential mortgage securities and MSR-related assets ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments $1.80B USD 3 Qtrs
Principal payments on residential mortgage securities and MSR-related assets ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments $1.56B USD 3 Qtrs
Proceeds from sales of residential mortgage securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $341.59M USD 3 Qtrs
Proceeds from sales of residential mortgage securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $735.77M USD 3 Qtrs
Purchases of residential mortgage securities and MSR-related assets PaymentsToAcquireInvestments $837.59M USD 3 Qtrs
Purchases of residential mortgage securities and MSR-related assets PaymentsToAcquireInvestments $2.02B USD 3 Qtrs
Purchases of residential whole loans, loan related investments and capitalized advances PaymentsToAcquireLoansHeldForInvestment $2.99B USD 3 Qtrs
Purchases of residential whole loans, loan related investments and capitalized advances PaymentsToAcquireLoansHeldForInvestment $2.16B USD 3 Qtrs
Principal payments on residential whole loans ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment $345.92M USD 3 Qtrs
Principal payments on residential whole loans ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment $906.07M USD 3 Qtrs
Proceeds from sales of real estate owned ProceedsFromRealEstateOwned $93.64M USD 3 Qtrs
Proceeds from sales of real estate owned ProceedsFromRealEstateOwned $81.21M USD 3 Qtrs
Purchases of real estate owned and capital improvements PaymentsToAcquireOtherRealEstate $15.67M USD 3 Qtrs
Purchases of real estate owned and capital improvements PaymentsToAcquireOtherRealEstate $10.18M USD 3 Qtrs
Additions to leasehold improvements, furniture and fixtures PaymentsToAcquireProductiveAssets $1.35M USD 3 Qtrs
Additions to leasehold improvements, furniture and fixtures PaymentsToAcquireProductiveAssets $1.01M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.61B USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-564.35M USD 3 Qtrs
Principal payments on repurchase agreements PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $54.10B USD 3 Qtrs
Principal payments on repurchase agreements 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 $54.80B USD 3 Qtrs
Proceeds from issuance of securitized debt ProceedsfromIssuanceofSecuritizedDebt $419.97M USD 3 Qtrs
Proceeds from issuance of securitized debt ProceedsfromIssuanceofSecuritizedDebt - USD 3 Qtrs
Principal payments on securitized debt RepaymentsOfOtherDebt $67.94M USD 3 Qtrs
Principal payments on securitized debt RepaymentsOfOtherDebt $79.35M USD 3 Qtrs
Payments made for securitization related costs PaymentsMadeforSecuritizationRelatedCost $2.47M USD 3 Qtrs
Payments made for securitization related costs PaymentsMadeforSecuritizationRelatedCost - USD 3 Qtrs
Proceeds from issuance of Convertible Senior Notes ProceedsFromConvertibleDebt $223.31M USD 3 Qtrs
Proceeds from issuance of Convertible Senior Notes ProceedsFromConvertibleDebt - USD 3 Qtrs
Payments made for settlements on Swaps PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives $40.88M USD 3 Qtrs
Payments made for settlements on Swaps PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives $47.62M 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 $391.93M USD 3 Qtrs
Proceeds from issuances of common stock ProceedsFromIssuanceOfCommonStock $8.86M USD 3 Qtrs
Payments made for costs related to common stock issuances PaymentsOfStockIssuanceCosts - 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 $270.95M USD 3 Qtrs
Dividends paid on common stock and dividend equivalents PaymentsOfDividendsCommonStock $239.62M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.17B USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $515.23M USD 3 Qtrs
Net increase/(decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-352.39M USD 3 Qtrs
Net increase/(decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $104.48M USD 3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $193.19M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $463.74M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $88.71M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $111.35M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $193.19M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $463.74M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $88.71M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $111.35M USD Point-in-time
Interest Paid InterestPaidNet $237.64M USD 3 Qtrs
Interest Paid InterestPaidNet $161.03M USD 3 Qtrs
Net decrease in securities obtained as collateral/obligation to return securities obtained as collateral SecuritiesObtainedAsCollateralNetOfReturns - USD 3 Qtrs
Net decrease 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 $193.53M USD 3 Qtrs
Transfer from residential whole loans to real estate owned TransferToOtherRealEstate $61.89M 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 $90.61M USD Point-in-time
Dividends and dividend equivalents declared and unpaid DividendsPayableCurrentAndNoncurrent $90.14M USD Point-in-time
Payable for unsettled residential whole loans purchases NoncashPayableforUnsettledLoanPurchases $59.52M USD 3 Qtrs
Payable for unsettled residential whole loans purchases NoncashPayableforUnsettledLoanPurchases $10.89M USD 3 Qtrs
Stockholders Equity 86 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
Common stock, cash dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Common stock, cash dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Common stock, cash dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Common stock, cash dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Common stock, cash dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Common stock, cash dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Common stock, cash dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Balance StockholdersEquity $3.26B USD Point-in-time
Balance StockholdersEquity $3.42B USD Point-in-time
Balance StockholdersEquity $3.40B USD Point-in-time
Balance StockholdersEquity $3.40B USD Point-in-time
Balance StockholdersEquity $3.24B USD Point-in-time
Balance StockholdersEquity $3.21B USD Point-in-time
Balance StockholdersEquity $3.55B USD Point-in-time
Balance StockholdersEquity $3.40B USD Point-in-time
Net income NetIncomeLoss $277.50M USD 3 Qtrs
Net income NetIncomeLoss $88.86M USD 1 Quarter
Net income NetIncomeLoss $70.39M USD 1 Quarter
Net income NetIncomeLoss $95.60M USD 1 Quarter
Net income NetIncomeLoss $87.13M USD 1 Quarter
Net income NetIncomeLoss $93.04M USD 1 Quarter
Net income NetIncomeLoss $83.39M USD 1 Quarter
Net income NetIncomeLoss $240.92M USD 3 Qtrs
Issuance of common stock, net of expenses StockIssuedDuringPeriodValueNewIssues $1.23M USD 1 Quarter
Issuance of common stock, net of expenses StockIssuedDuringPeriodValueNewIssues $7.72M USD 1 Quarter
Issuance of common stock, net of expenses StockIssuedDuringPeriodValueNewIssues $551.00K USD 1 Quarter
Issuance of common stock, net of expenses StockIssuedDuringPeriodValueNewIssues $586.00K USD 1 Quarter
Issuance of common stock, net of expenses StockIssuedDuringPeriodValueNewIssues $389.87M USD 1 Quarter
Issuance of common stock, net of expenses StockIssuedDuringPeriodValueNewIssues $481.00K USD 1 Quarter
Repurchase of shares of common stock (in shares) StockRepurchasedAndRetiredDuringPeriodShares 0.00 shares 3 Qtrs
Repurchase of shares of common stock StockRepurchasedAndRetiredDuringPeriodValue $1.96M USD 1 Quarter
Repurchase of shares of common stock StockRepurchasedAndRetiredDuringPeriodValue $2.61M USD 1 Quarter
Equity based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.29M USD 1 Quarter
Equity based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.08M USD 1 Quarter
Equity based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.44M USD 1 Quarter
Equity based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $992.00K USD 1 Quarter
Equity based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.25M USD 1 Quarter
Equity based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $549.00K USD 1 Quarter
Accrued dividends attributable to stock-based awards AdjustmentsToAdditionalPaidInCapitalOther $-230.00K USD 1 Quarter
Accrued dividends attributable to stock-based awards AdjustmentsToAdditionalPaidInCapitalOther $-260.00K USD 1 Quarter
Accrued dividends attributable to stock-based awards AdjustmentsToAdditionalPaidInCapitalOther $-260.00K USD 1 Quarter
Accrued dividends attributable to stock-based awards AdjustmentsToAdditionalPaidInCapitalOther $430.00K USD 1 Quarter
Accrued dividends attributable to stock-based awards AdjustmentsToAdditionalPaidInCapitalOther $435.00K USD 1 Quarter
Accrued dividends attributable to stock-based awards AdjustmentsToAdditionalPaidInCapitalOther $-230.00K USD 1 Quarter
Dividends declared on common stock ($0.20 per share) DividendsCommonStock $79.69M USD 1 Quarter
Dividends declared on common stock ($0.20 per share) DividendsCommonStock $79.71M USD 1 Quarter
Dividends declared on common stock ($0.20 per share) DividendsCommonStock $90.10M USD 1 Quarter
Dividends declared on common stock ($0.20 per share) DividendsCommonStock $90.12M USD 1 Quarter
Dividends declared on common stock ($0.20 per share) DividendsCommonStock $90.34M USD 1 Quarter
Dividends declared on common stock ($0.20 per share) DividendsCommonStock $89.89M USD 1 Quarter
Dividends declared on preferred stock ($0.46875 per share) DividendsPreferredStock $3.75M USD 1 Quarter
Dividends declared on preferred stock ($0.46875 per share) DividendsPreferredStock $3.75M USD 1 Quarter
Dividends declared on preferred stock ($0.46875 per share) DividendsPreferredStock $11.25M USD 3 Qtrs
Dividends declared on preferred stock ($0.46875 per share) DividendsPreferredStock $11.25M USD 3 Qtrs
Dividends declared on preferred stock ($0.46875 per share) DividendsPreferredStock $3.75M USD 1 Quarter
Dividends declared on preferred stock ($0.46875 per share) DividendsPreferredStock $3.75M USD 1 Quarter
Dividends declared on preferred stock ($0.46875 per share) DividendsPreferredStock $3.75M USD 1 Quarter
Dividends declared on preferred stock ($0.46875 per share) DividendsPreferredStock $3.75M USD 1 Quarter
Dividends attributable to dividend equivalents DividendsDividendEquivalentRights $241.00K USD 1 Quarter
Dividends attributable to dividend equivalents DividendsDividendEquivalentRights $217.00K USD 1 Quarter
Dividends attributable to dividend equivalents DividendsDividendEquivalentRights $244.00K USD 1 Quarter
Dividends attributable to dividend equivalents DividendsDividendEquivalentRights $276.00K USD 1 Quarter
Dividends attributable to dividend equivalents DividendsDividendEquivalentRights $256.00K USD 1 Quarter
Dividends attributable to dividend equivalents DividendsDividendEquivalentRights $276.00K USD 1 Quarter
Change in unrealized gains on MBS, net OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-46.16M USD 1 Quarter
Change in unrealized gains on MBS, net OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $17.64M USD 1 Quarter
Change in unrealized gains on MBS, net OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $5.09M USD 1 Quarter
Change in unrealized gains on MBS, net OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-9.02M USD 1 Quarter
Change in unrealized gains on MBS, net OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-25.93M USD 1 Quarter
Change in unrealized gains on MBS, net OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-43.73M USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $19.67M USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $5.39M USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $-20.45M USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $7.92M USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $-918.00K USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $-10.79M USD 1 Quarter
Balance StockholdersEquity $3.26B USD Point-in-time
Balance StockholdersEquity $3.42B USD Point-in-time
Balance StockholdersEquity $3.40B USD Point-in-time
Balance StockholdersEquity $3.40B USD Point-in-time
Balance StockholdersEquity $3.24B USD Point-in-time
Balance StockholdersEquity $3.21B USD Point-in-time
Balance StockholdersEquity $3.55B USD Point-in-time
Balance StockholdersEquity $3.40B USD Point-in-time
Comprehensive Income 36 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $277.50M USD 3 Qtrs
Net income NetIncomeLoss $88.86M USD 1 Quarter
Net income NetIncomeLoss $70.39M USD 1 Quarter
Net income NetIncomeLoss $95.60M USD 1 Quarter
Net income NetIncomeLoss $87.13M USD 1 Quarter
Net income NetIncomeLoss $93.04M USD 1 Quarter
Net income NetIncomeLoss $83.39M USD 1 Quarter
Net income NetIncomeLoss $240.92M USD 3 Qtrs
Reclassification adjustment for MBS sales included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $14.50M USD 1 Quarter
Reclassification adjustment for MBS sales included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $9.46M USD 1 Quarter
Reclassification adjustment for MBS sales included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $36.37M USD 3 Qtrs
Reclassification adjustment for MBS sales included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $25.58M USD 3 Qtrs
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $32.97M USD 3 Qtrs
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-233.00K USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $5.39M USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-30.38M USD 3 Qtrs
Amortization of de-designated hedging instruments, net OtherComprehensiveIncomeLossAmortizationofDeDesignatedHedgingInstrumentsafterReclassificationandTax - USD 1 Quarter
Amortization of de-designated hedging instruments, net OtherComprehensiveIncomeLossAmortizationofDeDesignatedHedgingInstrumentsafterReclassificationandTax $-1.77M USD 3 Qtrs
Amortization of de-designated hedging instruments, net OtherComprehensiveIncomeLossAmortizationofDeDesignatedHedgingInstrumentsafterReclassificationandTax - USD 3 Qtrs
Amortization of de-designated hedging instruments, net OtherComprehensiveIncomeLossAmortizationofDeDesignatedHedgingInstrumentsafterReclassificationandTax $-685.00K USD 1 Quarter
Other Comprehensive Income/(Loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-82.86M USD 3 Qtrs
Other Comprehensive Income/(Loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-18.44M USD 3 Qtrs
Other Comprehensive Income/(Loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-38.34M USD 1 Quarter
Other Comprehensive Income/(Loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-9.93M USD 1 Quarter
Comprehensive income before preferred stock dividends ComprehensiveIncomeNetOfTax $48.79M USD 1 Quarter
Comprehensive income before preferred stock dividends ComprehensiveIncomeNetOfTax $259.06M USD 3 Qtrs
Comprehensive income before preferred stock dividends ComprehensiveIncomeNetOfTax $85.67M USD 1 Quarter
Comprehensive income before preferred stock dividends ComprehensiveIncomeNetOfTax $158.07M USD 3 Qtrs
Dividends declared on preferred stock PreferredStockDividendsIncomeStatementImpact $11.25M USD 3 Qtrs
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
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 $146.82M USD 3 Qtrs
Comprehensive Income Available to Common Stock and Participating Securities ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities $247.81M USD 3 Qtrs
Comprehensive Income Available to Common Stock and Participating Securities ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities $81.92M USD 1 Quarter

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

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