10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001055160-21-000007 |
| Period End Date | 20210331 |
| Filing Date | 20210506 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | mfa-20210331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Residential whole loans, at carrying value ($2,366,285 and $2,704,646 pledged as collateral, respectively) (1) |
ResidentialWholeLoansCarryingValue
|
$3.93B | USD | Point-in-time |
| Residential whole loans, at carrying value ($2,366,285 and $2,704,646 pledged as collateral, respectively) (1) |
ResidentialWholeLoansCarryingValue
|
$4.20B | USD | Point-in-time |
| Residential whole loans, at fair value ($889,100 and $827,001 pledged as collateral, respectively) (1) |
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue
|
$1.22B | USD | Point-in-time |
| Residential whole loans, at fair value ($889,100 and $827,001 pledged as collateral, respectively) (1) |
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue
|
$1.32B | USD | Point-in-time |
| Residential whole loans, carrying value |
LoansPledgedAsCollateral
|
$2.37B | USD | Point-in-time |
| Allowance for credit losses on residential whole loans held at carrying value |
AllowanceForLoanAndLeaseLossesRealEstate
|
$86.83M | USD | Point-in-time |
| Allowance for credit losses on residential whole loans held at carrying value |
AllowanceForLoanAndLeaseLossesRealEstate
|
$63.24M | USD | Point-in-time |
| Residential whole loans, carrying value |
LoansPledgedAsCollateral
|
$2.70B | USD | Point-in-time |
| Residential whole loans, fair value |
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
|
$889.10M | USD | Point-in-time |
| Residential whole loans, fair value |
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
|
$827.00M | USD | Point-in-time |
| Total residential whole loans, net |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$5.19B | USD | Point-in-time |
| Total residential whole loans, net |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$5.33B | USD | Point-in-time |
| Securities, at fair value ($350,115 and $399,999 pledged as collateral, respectively) |
AvailableForSaleSecuritiesDebtSecurities
|
$350.12M | USD | Point-in-time |
| Securities, at fair value ($350,115 and $399,999 pledged as collateral, respectively) |
AvailableForSaleSecuritiesDebtSecurities
|
$400.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$814.35M | USD | Point-in-time |
| Financial agreements held at fair value |
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
|
$3.37B | USD | Point-in-time |
| Financial agreements held at fair value |
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
|
$2.97B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$780.71M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$5.15M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$7.17M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$392.73M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$385.38M | USD | Point-in-time |
| Total Assets |
Assets
|
$6.72B | USD | Point-in-time |
| Total Assets |
Assets
|
$6.93B | USD | Point-in-time |
| Financing agreements ($2,974,578 and $3,366,772 held at fair value, respectively) |
FinancingAgreementsFairValueandCarryingValue
|
$4.34B | USD | Point-in-time |
| Financing agreements ($2,974,578 and $3,366,772 held at fair value, respectively) |
FinancingAgreementsFairValueandCarryingValue
|
$4.00B | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$70.52M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$179.71M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$4.41B | USD | Point-in-time |
| Common stock, par value (usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value (usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$4.18B | USD | Point-in-time |
| Commitments and contingencies (See Note 10) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
874.30M | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
874.30M | shares | Point-in-time |
| Commitments and contingencies (See Note 10) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
446.11M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
451.71M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
446.11M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
451.71M | shares | Point-in-time |
| Common stock, $0.01 par value; 874,300 and 874,300 shares authorized; 446,114 and 451,714 shares issued and outstanding, respectively |
CommonStockValue
|
$4.52M | USD | Point-in-time |
| Common stock, $0.01 par value; 874,300 and 874,300 shares authorized; 446,114 and 451,714 shares issued and outstanding, respectively |
CommonStockValue
|
$4.46M | USD | Point-in-time |
| Additional paid-in capital, in excess of par |
AdditionalPaidInCapital
|
$3.85B | USD | Point-in-time |
| Additional paid-in capital, in excess of par |
AdditionalPaidInCapital
|
$3.83B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.36B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.41B | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$77.29M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$73.67M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquity
|
$2.54B | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquity
|
$2.52B | 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 Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$6.93B | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$6.72B | USD | Point-in-time |
Income Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Residential whole loans held at carrying value |
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
|
$45.34M | USD | 1 Quarter |
| Residential whole loans held at carrying value |
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
|
$83.49M | USD | 1 Quarter |
| Securities, at fair value |
InterestIncomeSecuritiesMortgageBacked
|
$16.46M | USD | 1 Quarter |
| Securities, at fair value |
InterestIncomeSecuritiesMortgageBacked
|
$58.58M | USD | 1 Quarter |
| Other interest-earning assets |
OtherOperatingIncome
|
- | USD | 1 Quarter |
| Other interest-earning assets |
OtherOperatingIncome
|
$2.91M | USD | 1 Quarter |
| Cash and cash equivalent investments |
InterestIncomeDepositsWithFinancialInstitutions
|
$54.00K | USD | 1 Quarter |
| Cash and cash equivalent investments |
InterestIncomeDepositsWithFinancialInstitutions
|
$486.00K | USD | 1 Quarter |
| Interest Income |
InterestAndDividendIncomeOperating
|
$61.85M | USD | 1 Quarter |
| Interest Income |
InterestAndDividendIncomeOperating
|
$145.46M | USD | 1 Quarter |
| Asset-backed and other collateralized financing arrangements |
InterestExpenseAssetBackedandCollateralizedFinancingAgreements
|
$26.05M | USD | 1 Quarter |
| Asset-backed and other collateralized financing arrangements |
InterestExpenseAssetBackedandCollateralizedFinancingAgreements
|
$77.86M | USD | 1 Quarter |
| Other interest expense |
InterestExpenseDebt
|
$4.02M | USD | 1 Quarter |
| Other interest expense |
InterestExpenseDebt
|
$5.90M | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$83.76M | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$30.07M | USD | 1 Quarter |
| Net Interest Income |
InterestIncomeExpenseNet
|
$61.70M | USD | 1 Quarter |
| Net Interest Income |
InterestIncomeExpenseNet
|
$31.78M | USD | 1 Quarter |
| Reversal/(Provision) for credit and valuation losses on residential whole loans |
ReversalProvisionForCreditAndValuationLossesOnResidentialWholeLoansAndOtherFinancialInstruments
|
$150.71M | USD | 1 Quarter |
| Reversal/(Provision) for credit and valuation losses on residential whole loans |
ReversalProvisionForCreditAndValuationLossesOnResidentialWholeLoansAndOtherFinancialInstruments
|
$-22.75M | USD | 1 Quarter |
| Net Interest Income after Provision for Credit and Valuation Losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$54.53M | USD | 1 Quarter |
| Net Interest Income after Provision for Credit and Valuation Losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$-89.01M | 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 on sales of securities and residential whole loans |
DebtSecuritiesandLoansRealizedGainLossExcludingOtherthantemporaryImpairment
|
- | USD | 1 Quarter |
| Net realized loss on sales of securities and residential whole loans |
DebtSecuritiesandLoansRealizedGainLossExcludingOtherthantemporaryImpairment
|
$-238.38M | USD | 1 Quarter |
| Net unrealized gain/(loss) on securities measured at fair value through earnings |
DebtSecuritiesUnrealizedGainLossResidentialMortgageSecuritiesMeasuredatFairValue
|
$-77.96M | USD | 1 Quarter |
| Net unrealized gain/(loss) on securities measured at fair value through earnings |
DebtSecuritiesUnrealizedGainLossResidentialMortgageSecuritiesMeasuredatFairValue
|
$101.00K | USD | 1 Quarter |
| Net gain/(loss) on residential whole loans measured at fair value through earnings |
MortgageLoansonRealEstateGainLossonLoansatFairValue
|
$49.81M | USD | 1 Quarter |
| Net gain/(loss) on residential whole loans measured at fair value through earnings |
MortgageLoansonRealEstateGainLossonLoansatFairValue
|
$-52.76M | USD | 1 Quarter |
| Other, net |
OtherOperatingIncomeExpenseNet
|
$-2.01M | USD | 1 Quarter |
| Other, net |
OtherOperatingIncomeExpenseNet
|
$3.61M | USD | 1 Quarter |
| Other Income/(Loss), net |
NoninterestIncomeLossNet
|
$53.52M | USD | 1 Quarter |
| Other Income/(Loss), net |
NoninterestIncomeLossNet
|
$-790.76M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$8.90M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$8.44M | USD | 1 Quarter |
| Other general and administrative expense |
OtherGeneralAndAdministrativeExpense
|
$4.58M | USD | 1 Quarter |
| Other general and administrative expense |
OtherGeneralAndAdministrativeExpense
|
$6.79M | USD | 1 Quarter |
| Loan servicing, financing and other related costs |
OtherCostAndExpenseOperating
|
$7.30M | USD | 1 Quarter |
| Loan servicing, financing and other related costs |
OtherCostAndExpenseOperating
|
$11.28M | 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
|
$29.22M | USD | 1 Quarter |
| Operating and Other Expense |
CostsAndExpenses
|
$22.53M | USD | 1 Quarter |
| Net Income/(Loss) |
NetIncomeLoss
|
$85.52M | USD | 1 Quarter |
| Net Income/(Loss) |
NetIncomeLoss
|
$-909.00M | USD | 1 Quarter |
| Less Preferred Stock Dividend Requirement |
PreferredStockDividendsIncomeStatementImpact
|
$5.21M | USD | 1 Quarter |
| Less Preferred Stock Dividend Requirement |
PreferredStockDividendsIncomeStatementImpact
|
$8.22M | USD | 1 Quarter |
| Net Income/(Loss) Available to Common Stock and Participating Securities |
NetIncomeLossAvailabletoCommonStockholdersBasicandParticipatingSecurities
|
$77.30M | USD | 1 Quarter |
| Net Income/(Loss) 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
|
$0.17 | USD | 1 Quarter |
| Diluted Earnings per Common Share (usd per share) |
EarningsPerShareDiluted
|
$0.17 | 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 income/(loss) |
NetIncomeLoss
|
$85.52M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$-909.00M | USD | 1 Quarter |
| (Gains)/losses on residential whole loans and real estate owned, net |
ResidentialWholeLoansGainLoss
|
$35.89M | USD | 1 Quarter |
| (Gains)/losses on residential whole loans and real estate owned, net |
ResidentialWholeLoansGainLoss
|
$-217.92M | USD | 1 Quarter |
| (Gains)/losses on securities, net |
DebtSecuritiesGainLoss
|
$-170.55M | USD | 1 Quarter |
| (Gains)/losses on securities, net |
DebtSecuritiesGainLoss
|
$100.00K | 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 whole loans and securities |
AccretionofPurchaseDiscounts
|
$12.11M | USD | 1 Quarter |
| Accretion of purchase discounts on residential whole loans and securities |
AccretionofPurchaseDiscounts
|
$16.44M | USD | 1 Quarter |
| Amortization of purchase premiums on residential whole loans and securities, and amortization of terminated hedging instruments |
AmortizationOfPurchasePremiums
|
$6.79M | USD | 1 Quarter |
| Amortization of purchase premiums on residential whole loans and securities, and amortization of terminated hedging instruments |
AmortizationOfPurchasePremiums
|
$15.27M | USD | 1 Quarter |
| (Reversal of provision)/provision for credit and valuation losses on residential whole loans and other financial instruments |
ProvisionforCreditandValuationLossesonResidentialWholeLoansAndOtherFinancialInstrumentsAtCarryingValue
|
$-23.97M | USD | 1 Quarter |
| (Reversal of provision)/provision for credit and valuation losses on residential whole loans and other financial instruments |
ProvisionforCreditandValuationLossesonResidentialWholeLoansAndOtherFinancialInstrumentsAtCarryingValue
|
$150.71M | USD | 1 Quarter |
| Net other non-cash losses included in net income |
OtherNonCashLossesIncludedInNetIncome
|
$7.69M | USD | 1 Quarter |
| Net other non-cash losses included in net income |
OtherNonCashLossesIncludedInNetIncome
|
$5.21M | USD | 1 Quarter |
| Increase in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$37.81M | USD | 1 Quarter |
| Increase in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$1.94M | USD | 1 Quarter |
| Increase/(decrease) in other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$4.97M | USD | 1 Quarter |
| Increase/(decrease) in other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-9.65M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$24.16M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$13.21M | USD | 1 Quarter |
| Purchases of residential whole loans, loan related investments and capitalized advances |
PaymentsToAcquireLoansHeldForInvestment
|
$1.12B | USD | 1 Quarter |
| Purchases of residential whole loans, loan related investments and capitalized advances |
PaymentsToAcquireLoansHeldForInvestment
|
$184.71M | USD | 1 Quarter |
| Principal payments on residential whole loans and loan related investments |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$425.30M | USD | 1 Quarter |
| Principal payments on residential whole loans and loan related investments |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$508.86M | USD | 1 Quarter |
| Principal payments on securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
|
$58.90M | USD | 1 Quarter |
| Principal payments on securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
|
$539.88M | USD | 1 Quarter |
| Proceeds from sales of securities and other assets |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$1.01B | USD | 1 Quarter |
| Proceeds from sales of securities and other assets |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
- | USD | 1 Quarter |
| Purchases of securities |
PaymentsToAcquireInvestments
|
$162.61M | USD | 1 Quarter |
| Purchases of securities |
PaymentsToAcquireInvestments
|
- | USD | 1 Quarter |
| Purchases of real estate owned and capital improvements |
PurchaseofRealEstateOwnedandCapitalImprovements
|
$217.00K | USD | 1 Quarter |
| Purchases of real estate owned and capital improvements |
PurchaseofRealEstateOwnedandCapitalImprovements
|
$5.61M | USD | 1 Quarter |
| Proceeds from sales of real estate owned |
ProceedsFromRealEstateOwned
|
$50.62M | USD | 1 Quarter |
| Proceeds from sales of real estate owned |
ProceedsFromRealEstateOwned
|
$52.04M | USD | 1 Quarter |
| Additions to leasehold improvements, furniture and fixtures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$4.42M | USD | 1 Quarter |
| Additions to leasehold improvements, furniture and fixtures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$176.00K | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$822.24M | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$345.48M | USD | 1 Quarter |
| Principal payments on financing agreements with mark-to-market collateral provisions |
PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances
|
$821.72M | USD | 1 Quarter |
| Principal payments on financing agreements with mark-to-market collateral provisions |
PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances
|
$12.90B | USD | 1 Quarter |
| Proceeds from borrowings under financing agreements with mark-to-market collateral provisions |
ProceedsfromSecuritiesSoldunderAgreementstoRepurchaseWithMarktoMarketCollateralProvisions
|
$663.93M | USD | 1 Quarter |
| Proceeds from borrowings under financing agreements with mark-to-market collateral provisions |
ProceedsfromSecuritiesSoldunderAgreementstoRepurchaseWithMarktoMarketCollateralProvisions
|
$12.22B | USD | 1 Quarter |
| Principal payments on other collateralized financing agreements |
PrincipalPaymentsOnFinancingAgreementsWithNonMarkToMarketCollateralProvisions
|
$37.42M | USD | 1 Quarter |
| Principal payments on other collateralized financing agreements |
PrincipalPaymentsOnFinancingAgreementsWithNonMarkToMarketCollateralProvisions
|
$521.26M | USD | 1 Quarter |
| Proceeds from borrowings under other collateralized financing agreements |
ProceedsFromBorrowingsOnFinancingAgreementsWithNonMarkToMarketCollateralProvisions
|
- | USD | 1 Quarter |
| Proceeds from borrowings under other collateralized financing agreements |
ProceedsFromBorrowingsOnFinancingAgreementsWithNonMarkToMarketCollateralProvisions
|
$437.92M | USD | 1 Quarter |
| Payment made for other collateralized financing agreement related costs |
PaymentsMadeforSecuritizationRelatedCost
|
- | USD | 1 Quarter |
| Payment made for other collateralized financing agreement related costs |
PaymentsMadeforSecuritizationRelatedCost
|
$1.37M | USD | 1 Quarter |
| Principal payment on redemption of Senior notes |
PrincipalPaymentOnRedemptionOfSeniorNotes
|
- | USD | 1 Quarter |
| Principal payment on redemption of Senior notes |
PrincipalPaymentOnRedemptionOfSeniorNotes
|
$100.00M | 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
|
- | USD | 1 Quarter |
| Proceeds from issuance of series C preferred stock |
ProceedsFromIssuanceOfRedeemablePreferredStock
|
- | USD | 1 Quarter |
| Proceeds from issuance of series C preferred stock |
ProceedsFromIssuanceOfRedeemablePreferredStock
|
$275.00M | USD | 1 Quarter |
| Payments made for costs related to series C preferred stock issuance |
PaymentsOfStockIssuanceCosts
|
$8.91M | USD | 1 Quarter |
| Payments made for costs related to series C preferred stock issuance |
PaymentsOfStockIssuanceCosts
|
- | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$376.00K | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$687.00K | USD | 1 Quarter |
| Payments made for the repurchase of common stock through the share repurchase program |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Payments made for the repurchase of common stock through the share repurchase program |
PaymentsForRepurchaseOfCommonStock
|
$20.93M | USD | 1 Quarter |
| Dividends paid on preferred stock |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$8.22M | USD | 1 Quarter |
| Dividends paid on preferred stock |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
- | 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
|
$34.02M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-405.30M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-636.75M | USD | 1 Quarter |
| Net (decrease)/increase in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$198.70M | USD | 1 Quarter |
| Net (decrease)/increase in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-35.66M | USD | 1 Quarter |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$821.52M | USD | Point-in-time |
| 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
|
$333.37M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$785.86M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$821.52M | 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
|
$333.37M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$785.86M | USD | Point-in-time |
| Interest Paid |
InterestPaidNet
|
$80.16M | USD | 1 Quarter |
| Interest Paid |
InterestPaidNet
|
$29.55M | USD | 1 Quarter |
| Transfer from residential whole loans to real estate owned |
TransferToOtherRealEstate
|
$50.69M | USD | 1 Quarter |
| Transfer from residential whole loans to real estate owned |
TransferToOtherRealEstate
|
$20.07M | USD | 1 Quarter |
| Dividends and dividend equivalents declared and unpaid |
DividendsPayableCurrentAndNoncurrent
|
- | USD | Point-in-time |
| Dividends and dividend equivalents declared and unpaid |
DividendsPayableCurrentAndNoncurrent
|
$33.64M | USD | Point-in-time |
| Payable for unsettled residential whole loan purchases |
NoncashPayableforUnsettledLoanPurchases
|
- | USD | 1 Quarter |
| Payable for unsettled residential whole loan purchases |
NoncashPayableforUnsettledLoanPurchases
|
$112.20M | USD | 1 Quarter |
| Receivable for unsettled residential whole loan and securities sales |
ReceivableForUnsettledResidentialWholeLoanAndSecuritiesSales
|
$419.58M | USD | 1 Quarter |
| Receivable for unsettled residential whole loan and securities sales |
ReceivableForUnsettledResidentialWholeLoanAndSecuritiesSales
|
- | USD | 1 Quarter |
Stockholders Equity
29 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, cash dividends declared (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.07 | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$2.54B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$2.52B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$2.44B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$3.38B | USD | Point-in-time |
| Net income/(loss) |
NetIncomeLoss
|
$85.52M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$-909.00M | USD | 1 Quarter |
| Issuance of stock, net of expenses |
StockIssuedDuringPeriodValueNewIssues
|
$687.00K | USD | 1 Quarter |
| Issuance of stock, net of expenses |
StockIssuedDuringPeriodValueNewIssues
|
$382.00K | USD | 1 Quarter |
| Repurchase of shares of common stock |
StockRepurchasedAndRetiredDuringPeriodValue
|
$2.65M | USD | 1 Quarter |
| Repurchase of shares of common stock |
StockRepurchasedAndRetiredDuringPeriodValue
|
$25.14M | USD | 1 Quarter |
| Equity based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.69M | USD | 1 Quarter |
| Equity based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.27M | USD | 1 Quarter |
| Change in accrued dividends attributable to stock-based awards |
AdjustmentsToAdditionalPaidInCapitalOther
|
$1.06M | USD | 1 Quarter |
| Change in accrued dividends attributable to stock-based awards |
AdjustmentsToAdditionalPaidInCapitalOther
|
$489.00K | USD | 1 Quarter |
| Dividends declared on common stock |
DividendsCommonStock
|
$33.52M | USD | 1 Quarter |
| Dividends declared on preferred stock |
DividendsPreferredStock
|
$5.21M | USD | 1 Quarter |
| Dividends declared on preferred stock |
DividendsPreferredStock
|
$8.22M | USD | 1 Quarter |
| Dividends attributable to dividend equivalents |
DividendsDividendEquivalentRights
|
$120.00K | USD | 1 Quarter |
| Change in unrealized gains on MBS, net |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-243.81M | USD | 1 Quarter |
| Change in unrealized gains on MBS, net |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-3.85M | USD | 1 Quarter |
| Derivative hedging instrument fair value changes and amortization, net |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$-48.53M | USD | 1 Quarter |
| Derivative hedging instrument fair value changes and amortization, net |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
- | USD | 1 Quarter |
| Changes in fair value of financing agreements at fair value due to changes in instrument-specific credit risk |
OtherComprehensiveIncomeLossChangeInFairValueOfFinancingAgreementsAtFairValue
|
- | USD | 1 Quarter |
| Changes in fair value of financing agreements at fair value due to changes in instrument-specific credit risk |
OtherComprehensiveIncomeLossChangeInFairValueOfFinancingAgreementsAtFairValue
|
$-235.00K | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$2.54B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$2.52B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$2.44B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$3.38B | USD | Point-in-time |
Comprehensive Income
22 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income/(loss) |
NetIncomeLoss
|
$85.52M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$-909.00M | USD | 1 Quarter |
| Unrealized (losses)/gains on securities available-for-sale |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-3.85M | USD | 1 Quarter |
| Unrealized (losses)/gains on securities available-for-sale |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$124.41M | USD | 1 Quarter |
| Reclassification adjustment for securities sales included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
$23.95M | USD | 1 Quarter |
| Reclassification adjustment for securities sales included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
- | USD | 1 Quarter |
| Reclassification adjustment for impairments included in net income |
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
|
$-344.27M | USD | 1 Quarter |
| Reclassification adjustment for impairments included in net income |
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
|
- | USD | 1 Quarter |
| Derivative hedging instrument fair value changes, net |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
- | USD | 1 Quarter |
| Derivative hedging instrument fair value changes, net |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$-50.13M | USD | 1 Quarter |
| Changes in fair value of financing agreements at fair value due to changes in instrument-specific credit risk |
OtherComprehensiveIncomeLossChangeInFairValueOfFinancingAgreementsAtFairValue
|
- | USD | 1 Quarter |
| Changes in fair value of financing agreements at fair value due to changes in instrument-specific credit risk |
OtherComprehensiveIncomeLossChangeInFairValueOfFinancingAgreementsAtFairValue
|
$-235.00K | USD | 1 Quarter |
| Reclassification adjustment for losses related to hedging instruments included in net income |
OtherComprehensiveIncomeLossAmortizationofDeDesignatedHedgingInstrumentsafterReclassificationandTax
|
$1.59M | USD | 1 Quarter |
| Reclassification adjustment for losses related to hedging instruments included in net income |
OtherComprehensiveIncomeLossAmortizationofDeDesignatedHedgingInstrumentsafterReclassificationandTax
|
- | USD | 1 Quarter |
| Other Comprehensive (Loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-3.62M | USD | 1 Quarter |
| Other Comprehensive (Loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-292.35M | USD | 1 Quarter |
| Comprehensive income/(loss) before preferred stock dividends |
ComprehensiveIncomeNetOfTax
|
$81.90M | USD | 1 Quarter |
| Comprehensive income/(loss) before preferred stock dividends |
ComprehensiveIncomeNetOfTax
|
$-1.20B | USD | 1 Quarter |
| Dividends required on preferred stock |
PreferredStockDividendsIncomeStatementImpact
|
$5.21M | USD | 1 Quarter |
| Dividends required on preferred stock |
PreferredStockDividendsIncomeStatementImpact
|
$8.22M | USD | 1 Quarter |
| Comprehensive Income/(Loss) Available to Common Stock and Participating Securities |
ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities
|
$-1.21B | USD | 1 Quarter |
| Comprehensive Income/(Loss) Available to Common Stock and Participating Securities |
ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities
|
$73.68M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.