10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001055160-20-000021 |
| Period End Date | 20200331 |
| Filing Date | 20200622 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | mfa-03312020x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
57 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Residential whole loans, at carrying value ($5,055,177 and $4,847,782 pledged as collateral, respectively) (1) (2) |
ResidentialWholeLoansCarryingValue
|
$6.07B | USD | Point-in-time |
| Residential whole loans, at carrying value ($5,055,177 and $4,847,782 pledged as collateral, respectively) (1) (2) |
ResidentialWholeLoansCarryingValue
|
$5.93B | USD | Point-in-time |
| Residential whole loans, carrying value |
LoansPledgedAsCollateral
|
$4.85B | USD | Point-in-time |
| Residential whole loans, carrying value |
LoansPledgedAsCollateral
|
$4.85B | USD | Point-in-time |
| Residential whole loans, fair value |
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
|
$794.68M | USD | Point-in-time |
| Residential whole loans, at fair value ($718,343 and $794,684 pledged as collateral, respectively) (1) |
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue
|
$1.24B | USD | Point-in-time |
| Residential whole loans, at fair value ($718,343 and $794,684 pledged as collateral, respectively) (1) |
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue
|
$1.38B | USD | Point-in-time |
| Residential whole loans, fair value |
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
|
$794.68M | USD | Point-in-time |
| Allowance for credit and valuation losses on residential whole loans held at carrying value and held-for-sale |
AllowanceForLoanAndLeaseLossesRealEstate
|
$3.02M | USD | Point-in-time |
| Allowance for credit and valuation losses on residential whole loans held at carrying value and held-for-sale |
AllowanceForLoanAndLeaseLossesRealEstate
|
$218.01M | USD | Point-in-time |
| Total residential whole loans, net |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$7.45B | USD | Point-in-time |
| Total residential whole loans, net |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$6.96B | USD | Point-in-time |
| MSR-Related Assets, pledged as collateral (in dollars) |
ServicingRightsPledgedAsCollateral
|
$877.20M | USD | Point-in-time |
| MSR-Related Assets, pledged as collateral (in dollars) |
ServicingRightsPledgedAsCollateral
|
$1.22B | USD | Point-in-time |
| Mortgage-backed securities and credit risk transfer securities |
AvailableForSaleSecuritiesDebtSecurities
|
$3.98B | USD | Point-in-time |
| Mortgage-backed securities and credit risk transfer securities |
AvailableForSaleSecuritiesDebtSecurities
|
$1.93B | USD | Point-in-time |
| Mortgage servicing rights (MSR) related assets ($877,204 and $1,217,002 pledged as collateral, respectively) |
ServicingAssetAtFairValueAmount
|
$1.22B | USD | Point-in-time |
| Mortgage servicing rights (MSR) related assets ($877,204 and $1,217,002 pledged as collateral, respectively) |
ServicingAssetAtFairValueAmount
|
$738.05M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$116.47M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$70.63M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$216.90M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$64.03M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$784.25M | USD | Point-in-time |
| Preferred stock, aggregate liquidation preference (in dollars) |
PreferredStockLiquidationPreferenceValue
|
$275.00M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$1.17B | USD | Point-in-time |
| Total Assets |
Assets
|
$13.57B | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Total Assets |
Assets
|
$11.13B | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
886.95M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
874.30M | shares | Point-in-time |
| Repurchase agreements |
SecuritiesSoldUnderAgreementsToRepurchase
|
$7.77B | USD | Point-in-time |
| Repurchase agreements |
SecuritiesSoldUnderAgreementsToRepurchase
|
$9.14B | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
453.14M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
452.37M | shares | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$921.48M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
452.37M | shares | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$1.04B | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
453.14M | shares | Point-in-time |
| Total Liabilities |
Liabilities
|
$8.69B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$10.18B | 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 |
| Common stock, $.01 par value; 874,300 and 886,950 shares authorized; 453,138 and 452,369 shares issued and outstanding, respectively |
CommonStockValue
|
$4.52M | USD | Point-in-time |
| Common stock, $.01 par value; 874,300 and 886,950 shares authorized; 453,138 and 452,369 shares issued and outstanding, respectively |
CommonStockValue
|
$4.53M | USD | Point-in-time |
| Additional paid-in capital, in excess of par |
AdditionalPaidInCapital
|
$3.91B | USD | Point-in-time |
| Additional paid-in capital, in excess of par |
AdditionalPaidInCapital
|
$3.64B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.55B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-631.04M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$370.05M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$77.70M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquity
|
$2.44B | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquity
|
$3.38B | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquity
|
$3.40B | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquity
|
$3.42B | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$11.13B | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$13.57B | USD | Point-in-time |
Income Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Residential whole loans held at carrying value |
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
|
$49.62M | USD | 1 Quarter |
| Residential whole loans held at carrying value |
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
|
$83.49M | USD | 1 Quarter |
| MSR-related assets |
InterestIncomeOther
|
$14.21M | USD | 1 Quarter |
| MSR-related assets |
InterestIncomeOther
|
$10.62M | USD | 1 Quarter |
| Cash and cash equivalent investments |
InterestIncomeDepositsWithFinancialInstitutions
|
$764.00K | USD | 1 Quarter |
| Cash and cash equivalent investments |
InterestIncomeDepositsWithFinancialInstitutions
|
$486.00K | USD | 1 Quarter |
| Other interest-earning assets |
OtherOperatingIncome
|
$2.91M | USD | 1 Quarter |
| Other interest-earning assets |
OtherOperatingIncome
|
$1.31M | USD | 1 Quarter |
| Interest Income |
InterestAndDividendIncomeOperating
|
$145.46M | USD | 1 Quarter |
| Interest Income |
InterestAndDividendIncomeOperating
|
$140.95M | USD | 1 Quarter |
| Repurchase agreements |
InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances
|
$72.70M | USD | 1 Quarter |
| Repurchase agreements |
InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances
|
$70.81M | USD | 1 Quarter |
| Other interest expense |
InterestExpenseDebt
|
$8.22M | USD | 1 Quarter |
| Other interest expense |
InterestExpenseDebt
|
$11.06M | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$83.76M | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$79.03M | USD | 1 Quarter |
| Net Interest Income |
InterestIncomeExpenseNet
|
$61.93M | USD | 1 Quarter |
| Net Interest Income |
InterestIncomeExpenseNet
|
$61.70M | USD | 1 Quarter |
| Provision for credit and valuation losses on residential whole loans and other financial instruments |
ProvisionforCreditandValuationLossesonResidentialWholeLoansandOtherFinancialInstruments
|
$805.00K | USD | 1 Quarter |
| Provision for credit and valuation losses on residential whole loans and other financial instruments |
ProvisionforCreditandValuationLossesonResidentialWholeLoansandOtherFinancialInstruments
|
$150.83M | USD | 1 Quarter |
| Net Interest Income after Provision for Credit and Valuation Losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$-89.13M | USD | 1 Quarter |
| Net Interest Income after Provision for Credit and Valuation Losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$61.12M | USD | 1 Quarter |
| Impairment and other losses on securities available-for-sale and other assets |
ImpairmentandOtherLossesOnSecuritiesAvailableforSaleAndOtherAssets
|
- | USD | 1 Quarter |
| Impairment and other losses on securities available-for-sale and other assets |
ImpairmentandOtherLossesOnSecuritiesAvailableforSaleAndOtherAssets
|
$419.65M | USD | 1 Quarter |
| Net realized (loss)/gain on sales of residential mortgage securities and residential whole loans |
DebtSecuritiesandLoansRealizedGainLossExcludingOtherthantemporaryImpairment
|
$24.61M | USD | 1 Quarter |
| Net realized (loss)/gain on sales of residential mortgage securities and residential whole loans |
DebtSecuritiesandLoansRealizedGainLossExcludingOtherthantemporaryImpairment
|
$-238.38M | USD | 1 Quarter |
| Net unrealized (loss)/gain on residential mortgage securities measured at fair value through earnings |
DebtSecuritiesUnrealizedGainLossResidentialMortgageSecuritiesMeasuredatFairValue
|
$8.67M | USD | 1 Quarter |
| Net unrealized (loss)/gain on residential mortgage securities measured at fair value through earnings |
DebtSecuritiesUnrealizedGainLossResidentialMortgageSecuritiesMeasuredatFairValue
|
$-77.96M | USD | 1 Quarter |
| Net (loss)/gain on residential whole loans measured at fair value through earnings |
MortgageLoansonRealEstateGainLossonLoansatFairValue
|
$25.27M | USD | 1 Quarter |
| Net (loss)/gain on residential whole loans measured at fair value through earnings |
MortgageLoansonRealEstateGainLossonLoansatFairValue
|
$-52.76M | USD | 1 Quarter |
| Net loss on Swaps not designated as hedges for accounting purposes |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$-4.24M | USD | 1 Quarter |
| Net loss on Swaps not designated as hedges for accounting purposes |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$-8.94M | USD | 1 Quarter |
| Other, net |
OtherOperatingIncomeExpenseNet
|
$1.56M | USD | 1 Quarter |
| Other, net |
OtherOperatingIncomeExpenseNet
|
$2.23M | USD | 1 Quarter |
| Other (Loss)/Income, net |
NoninterestIncome
|
$-790.76M | USD | 1 Quarter |
| Other (Loss)/Income, net |
NoninterestIncome
|
$51.17M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$8.55M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$8.90M | USD | 1 Quarter |
| Other general and administrative expense |
OtherGeneralAndAdministrativeExpense
|
$4.58M | USD | 1 Quarter |
| Other general and administrative expense |
OtherGeneralAndAdministrativeExpense
|
$4.64M | USD | 1 Quarter |
| Loan servicing and other related operating expenses |
OtherCostAndExpenseOperating
|
$11.16M | USD | 1 Quarter |
| Loan servicing and other related operating expenses |
OtherCostAndExpenseOperating
|
$10.23M | USD | 1 Quarter |
| Costs associated with restructuring/forbearance agreement |
RestructuringSettlementAndImpairmentProvisions
|
$4.47M | USD | 1 Quarter |
| Costs associated with restructuring/forbearance agreement |
RestructuringSettlementAndImpairmentProvisions
|
- | USD | 1 Quarter |
| Operating and Other Expense |
CostsAndExpenses
|
$29.11M | USD | 1 Quarter |
| Operating and Other Expense |
CostsAndExpenses
|
$23.43M | USD | 1 Quarter |
| Net (Loss)/Income |
NetIncomeLoss
|
$88.86M | USD | 1 Quarter |
| Net (Loss)/Income |
NetIncomeLoss
|
$-909.00M | USD | 1 Quarter |
| Less Preferred Stock Dividend Requirement |
PreferredStockDividendsIncomeStatementImpact
|
$3.75M | USD | 1 Quarter |
| Less Preferred Stock Dividend Requirement |
PreferredStockDividendsIncomeStatementImpact
|
$5.21M | USD | 1 Quarter |
| Net (Loss)/Income Available to Common Stock and Participating Securities |
NetIncomeLossAvailabletoCommonStockholdersBasicandParticipatingSecurities
|
$85.11M | USD | 1 Quarter |
| Net (Loss)/Income Available to Common Stock and Participating Securities |
NetIncomeLossAvailabletoCommonStockholdersBasicandParticipatingSecurities
|
$-914.21M | USD | 1 Quarter |
| Basic Earnings per Common Share (usd per share) |
EarningsPerShareBasic
|
$-2.02 | USD | 1 Quarter |
| Basic Earnings per Common Share (usd per share) |
EarningsPerShareBasic
|
$0.19 | USD | 1 Quarter |
| Diluted Earnings per Common Share (usd per share) |
EarningsPerShareDiluted
|
$0.19 | USD | 1 Quarter |
| Diluted Earnings per Common Share (usd per share) |
EarningsPerShareDiluted
|
$-2.02 | USD | 1 Quarter |
Cash Flow Statement
88 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (loss)/income |
NetIncomeLoss
|
$88.86M | USD | 1 Quarter |
| Net (loss)/income |
NetIncomeLoss
|
$-909.00M | USD | 1 Quarter |
| Loss on sales of residential whole loans at carrying value |
DebtSecuritiesGainLossResidentialWholeLoans
|
$-145.79M | USD | 1 Quarter |
| Loss on sales of residential whole loans at carrying value |
DebtSecuritiesGainLossResidentialWholeLoans
|
- | USD | 1 Quarter |
| Loss/(gain) on sales of residential mortgage securities and MSR-related assets |
DebtSecuritiesGainLoss
|
$-92.59M | USD | 1 Quarter |
| Loss/(gain) on sales of residential mortgage securities and MSR-related assets |
DebtSecuritiesGainLoss
|
$24.61M | USD | 1 Quarter |
| Gain on sales of real estate owned |
GainsLossesOnSalesOfOtherRealEstate
|
$3.11M | USD | 1 Quarter |
| Gain on sales of real estate owned |
GainsLossesOnSalesOfOtherRealEstate
|
$1.40M | USD | 1 Quarter |
| Gain on liquidation of residential whole loans |
GainonLiquidationofResidentialWholeLoans
|
$4.68M | USD | 1 Quarter |
| Gain on liquidation of residential whole loans |
GainonLiquidationofResidentialWholeLoans
|
$1.10M | USD | 1 Quarter |
| Impairment and other losses on securities available-for-sale and other assets |
ImpairmentandOtherLossesOnSecuritiesAvailableforSaleAndOtherAssets
|
- | USD | 1 Quarter |
| Impairment and other losses on securities available-for-sale and other assets |
ImpairmentandOtherLossesOnSecuritiesAvailableforSaleAndOtherAssets
|
$419.65M | USD | 1 Quarter |
| Accretion of purchase discounts on residential mortgage securities, residential whole loans and MSR-related assets |
AccretionofPurchaseDiscounts
|
$12.11M | USD | 1 Quarter |
| Accretion of purchase discounts on residential mortgage securities, residential whole loans and MSR-related assets |
AccretionofPurchaseDiscounts
|
$15.91M | USD | 1 Quarter |
| Amortization of purchase premiums on residential mortgage securities and residential whole loans, and amortization of terminated hedging instruments |
AmortizationOfPurchasePremiums
|
$7.62M | USD | 1 Quarter |
| Amortization of purchase premiums on residential mortgage securities and residential whole loans, and amortization of terminated hedging instruments |
AmortizationOfPurchasePremiums
|
$15.27M | USD | 1 Quarter |
| Depreciation and amortization on real estate, fixed assets and other assets |
DepreciationAndAmortization
|
$432.00K | USD | 1 Quarter |
| Depreciation and amortization on real estate, fixed assets and other assets |
DepreciationAndAmortization
|
$3.58M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$998.00K | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$1.27M | USD | 1 Quarter |
| Unrealized losses on residential whole loans at fair value |
UnrealizedGainLossOnInvestments
|
$-1.06M | USD | 1 Quarter |
| Unrealized losses on residential whole loans at fair value |
UnrealizedGainLossOnInvestments
|
$-74.56M | USD | 1 Quarter |
| Provision for credit and valuation losses on residential whole loans and other financial instruments |
ProvisionforCreditandValuationLossesonResidentialWholeLoansAndOtherFinancialInstrumentsAtCarryingValueandHeldForSale
|
- | USD | 1 Quarter |
| Provision for credit and valuation losses on residential whole loans and other financial instruments |
ProvisionforCreditandValuationLossesonResidentialWholeLoansAndOtherFinancialInstrumentsAtCarryingValueandHeldForSale
|
$150.83M | USD | 1 Quarter |
| Unrealized losses on residential mortgage securities and interest rate swap agreements (Swaps) and other |
UnrealizedLossesGainsonSecuritiesHeldAtFairValueandSwapsNotDesignatedasHedges
|
$-200.00K | USD | 1 Quarter |
| Unrealized losses on residential mortgage securities and interest rate swap agreements (Swaps) and other |
UnrealizedLossesGainsonSecuritiesHeldAtFairValueandSwapsNotDesignatedasHedges
|
$-82.46M | USD | 1 Quarter |
| Increase in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$37.81M | USD | 1 Quarter |
| Increase in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$8.77M | USD | 1 Quarter |
| Decrease in other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-9.65M | USD | 1 Quarter |
| Decrease in other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-6.71M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$13.21M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$37.08M | USD | 1 Quarter |
| Purchases of residential whole loans, loan related investments and capitalized advances |
PaymentsToAcquireLoansHeldForInvestment
|
$1.02B | USD | 1 Quarter |
| Purchases of residential whole loans, loan related investments and capitalized advances |
PaymentsToAcquireLoansHeldForInvestment
|
$1.12B | USD | 1 Quarter |
| Principal payments on residential whole loans |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$233.72M | USD | 1 Quarter |
| Principal payments on residential whole loans |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$508.86M | USD | 1 Quarter |
| Principal payments on residential mortgage securities and MSR-related assets |
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
|
$391.64M | USD | 1 Quarter |
| Principal payments on residential mortgage securities and MSR-related assets |
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
|
$539.88M | USD | 1 Quarter |
| Proceeds from sales of residential mortgage securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$208.31M | USD | 1 Quarter |
| Proceeds from sales of residential mortgage securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$1.01B | USD | 1 Quarter |
| Purchases of residential mortgage securities and MSR-related assets |
PaymentsToAcquireInvestments
|
$327.22M | USD | 1 Quarter |
| Purchases of residential mortgage securities and MSR-related assets |
PaymentsToAcquireInvestments
|
$162.61M | USD | 1 Quarter |
| Proceeds from sales of real estate owned |
ProceedsFromRealEstateOwned
|
$23.96M | USD | 1 Quarter |
| Proceeds from sales of real estate owned |
ProceedsFromRealEstateOwned
|
$52.04M | USD | 1 Quarter |
| Purchases of real estate owned and capital improvements |
PurchaseofRealEstateOwnedandCapitalImprovements
|
$5.92M | USD | 1 Quarter |
| Purchases of real estate owned and capital improvements |
PurchaseofRealEstateOwnedandCapitalImprovements
|
$5.61M | USD | 1 Quarter |
| Additions to leasehold improvements, furniture and fixtures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$391.00K | USD | 1 Quarter |
| Additions to leasehold improvements, furniture and fixtures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$176.00K | USD | 1 Quarter |
| Net cash provided by/(used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-497.46M | USD | 1 Quarter |
| Net cash provided by/(used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$822.24M | USD | 1 Quarter |
| Principal payments on repurchase agreements |
PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances
|
$12.90B | USD | 1 Quarter |
| Principal payments on repurchase agreements |
PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances
|
$18.88B | USD | 1 Quarter |
| Proceeds from borrowings under repurchase agreements |
ProceedsfromSecuritiesSoldunderAgreementstoRepurchase
|
$12.22B | USD | 1 Quarter |
| Proceeds from borrowings under repurchase agreements |
ProceedsfromSecuritiesSoldunderAgreementstoRepurchase
|
$19.51B | USD | 1 Quarter |
| Principal payments on securitized debt |
RepaymentsOfOtherDebt
|
$25.50M | USD | 1 Quarter |
| Principal payments on securitized debt |
RepaymentsOfOtherDebt
|
$37.42M | USD | 1 Quarter |
| Payments made for settlements and unwinds of Swaps |
PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives
|
$88.41M | USD | 1 Quarter |
| Payments made for settlements and unwinds of Swaps |
PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives
|
$21.48M | USD | 1 Quarter |
| Proceeds from issuance of Series C Preferred Stock |
ProceedsFromIssuanceOfRedeemablePreferredStock
|
$275.00M | USD | 1 Quarter |
| Proceeds from issuance of Series C Preferred Stock |
ProceedsFromIssuanceOfRedeemablePreferredStock
|
- | USD | 1 Quarter |
| Payments made for costs related to Series C Preferred Stock issuance |
PaymentsOfStockIssuanceCosts
|
- | USD | 1 Quarter |
| Payments made for costs related to Series C Preferred Stock issuance |
PaymentsOfStockIssuanceCosts
|
$8.91M | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$551.00K | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$687.00K | USD | 1 Quarter |
| Dividends paid on preferred stock |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
- | USD | 1 Quarter |
| Dividends paid on preferred stock |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$3.75M | USD | 1 Quarter |
| Dividends paid on common stock and dividend equivalents |
PaymentsOfDividendsCommonStock
|
$90.75M | USD | 1 Quarter |
| Dividends paid on common stock and dividend equivalents |
PaymentsOfDividendsCommonStock
|
$90.20M | USD | 1 Quarter |
| Net cash (used in)/provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$490.25M | USD | 1 Quarter |
| Net cash (used in)/provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-636.75M | USD | 1 Quarter |
| Net increase in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$29.87M | USD | 1 Quarter |
| Net increase in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$198.70M | USD | 1 Quarter |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$134.66M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$118.58M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$333.37M | 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 end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$134.66M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$118.58M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$333.37M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$88.71M | USD | Point-in-time |
| Interest Paid |
InterestPaidNet
|
$81.44M | USD | 1 Quarter |
| Interest Paid |
InterestPaidNet
|
$80.16M | USD | 1 Quarter |
| Transfer from residential whole loans to real estate owned |
TransferToOtherRealEstate
|
$65.16M | USD | 1 Quarter |
| Transfer from residential whole loans to real estate owned |
TransferToOtherRealEstate
|
$50.69M | USD | 1 Quarter |
| Dividends and dividend equivalents declared and unpaid |
DividendsPayableCurrentAndNoncurrent
|
$90.35M | USD | Point-in-time |
| Dividends and dividend equivalents declared and unpaid |
DividendsPayableCurrentAndNoncurrent
|
- | USD | Point-in-time |
| Receivable for unsettled MBS, MSR-related asset, and residential whole loan sales |
NoncashPayableforUnsettledLoanPurchases
|
- | USD | 1 Quarter |
| Receivable for unsettled MBS, MSR-related asset, and residential whole loan sales |
NoncashPayableforUnsettledLoanPurchases
|
$419.58M | USD | 1 Quarter |
Stockholders Equity
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| 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 |
| Balance |
StockholdersEquity
|
$2.44B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$3.38B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$3.40B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$3.42B | USD | Point-in-time |
| Net (loss)/income |
NetIncomeLoss
|
$88.86M | USD | 1 Quarter |
| Net (loss)/income |
NetIncomeLoss
|
$-909.00M | USD | 1 Quarter |
| Issuance of stock, net of expenses |
StockIssuedDuringPeriodValueNewIssues
|
$551.00K | USD | 1 Quarter |
| Issuance of stock, net of expenses |
StockIssuedDuringPeriodValueNewIssues
|
$687.00K | USD | 1 Quarter |
| Repurchase of shares of common stock |
StockRepurchasedAndRetiredDuringPeriodValue
|
$2.65M | USD | 1 Quarter |
| Repurchase of shares of common stock |
StockRepurchasedAndRetiredDuringPeriodValue
|
$2.61M | USD | 1 Quarter |
| Equity based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$992.00K | USD | 1 Quarter |
| Equity based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.27M | USD | 1 Quarter |
| Accrued dividends attributable to stock-based awards |
AdjustmentsToAdditionalPaidInCapitalOther
|
$1.06M | USD | 1 Quarter |
| Accrued dividends attributable to stock-based awards |
AdjustmentsToAdditionalPaidInCapitalOther
|
$435.00K | USD | 1 Quarter |
| Dividends declared on common stock ($0.20 per share) |
DividendsCommonStock
|
$90.10M | USD | 1 Quarter |
| Dividends declared on preferred stock ($0.46875 per share) |
DividendsPreferredStock
|
$5.21M | USD | 1 Quarter |
| Dividends declared on preferred stock ($0.46875 per share) |
DividendsPreferredStock
|
$3.75M | USD | 1 Quarter |
| Dividends attributable to dividend equivalents |
DividendsDividendEquivalentRights
|
$256.00K | USD | 1 Quarter |
| Change in unrealized gains on MBS, net |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$5.09M | USD | 1 Quarter |
| Change in unrealized gains on MBS, net |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-243.81M | USD | 1 Quarter |
| Derivative hedging instrument fair value changes and amortization, net |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$-10.79M | USD | 1 Quarter |
| Derivative hedging instrument fair value changes and amortization, net |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$-48.53M | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$2.44B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$3.38B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$3.40B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$3.42B | USD | Point-in-time |
Comprehensive Income
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (loss)/income |
NetIncomeLoss
|
$88.86M | USD | 1 Quarter |
| Net (loss)/income |
NetIncomeLoss
|
$-909.00M | USD | 1 Quarter |
| Unrealized gains on securities available-for-sale |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$124.41M | USD | 1 Quarter |
| Unrealized gains on securities available-for-sale |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$22.10M | USD | 1 Quarter |
| Reclassification adjustment for MBS sales included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
$17.01M | USD | 1 Quarter |
| Reclassification adjustment for MBS sales included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
$23.95M | USD | 1 Quarter |
| Reclassification adjustment for impairments included in net income |
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
|
- | USD | 1 Quarter |
| Reclassification adjustment for impairments included in net income |
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
|
$-344.27M | USD | 1 Quarter |
| Derivative hedging instrument fair value changes, net |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$-50.13M | USD | 1 Quarter |
| Derivative hedging instrument fair value changes, net |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$-10.45M | USD | 1 Quarter |
| Amortization of de-designated hedging instruments, net |
OtherComprehensiveIncomeLossAmortizationofDeDesignatedHedgingInstrumentsafterReclassificationandTax
|
$-341.00K | USD | 1 Quarter |
| Amortization of de-designated hedging instruments, net |
OtherComprehensiveIncomeLossAmortizationofDeDesignatedHedgingInstrumentsafterReclassificationandTax
|
$1.59M | USD | 1 Quarter |
| Other Comprehensive Income/(Loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-292.35M | USD | 1 Quarter |
| Other Comprehensive Income/(Loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-5.69M | USD | 1 Quarter |
| Comprehensive income before preferred stock dividends |
ComprehensiveIncomeNetOfTax
|
$-1.20B | USD | 1 Quarter |
| Comprehensive income before preferred stock dividends |
ComprehensiveIncomeNetOfTax
|
$83.17M | USD | 1 Quarter |
| Dividends required on preferred stock |
PreferredStockDividendsIncomeStatementImpact
|
$3.75M | USD | 1 Quarter |
| Dividends required on preferred stock |
PreferredStockDividendsIncomeStatementImpact
|
$5.21M | USD | 1 Quarter |
| Comprehensive Income Available to Common Stock and Participating Securities |
ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities
|
$-1.21B | USD | 1 Quarter |
| Comprehensive Income Available to Common Stock and Participating Securities |
ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities
|
$79.42M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.