10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001055160-22-000009 |
| Period End Date | 20220331 |
| Filing Date | 20220504 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | mfa-20220331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
46 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Residential whole loans, net ($5,977,315 and $5,305,349 held at fair value, respectively) |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$7.91B | USD | Point-in-time |
| Residential whole loans, net ($5,977,315 and $5,305,349 held at fair value, respectively) |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$8.26B | USD | Point-in-time |
| Securities, at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$256.69M | USD | Point-in-time |
| Securities, at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$250.17M | USD | Point-in-time |
| Residential whole loans, fair value |
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
|
$5.98B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$410.94M | USD | Point-in-time |
| Residential whole loans, fair value |
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
|
$5.31B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$304.70M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$144.60M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$99.75M | USD | Point-in-time |
| Financial agreements held at fair value |
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
|
$3.80B | USD | Point-in-time |
| Financial agreements held at fair value |
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
|
$3.27B | USD | Point-in-time |
| Other assets |
OtherAssets
|
$857.34M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$565.56M | USD | Point-in-time |
| Total Assets |
Assets
|
$9.14B | USD | Point-in-time |
| Total Assets |
Assets
|
$9.92B | USD | Point-in-time |
| Financing agreements ($3,804,906 and $3,266,773 held at fair value, respectively) |
FinancingAgreementsFairValueandCarryingValue
|
$7.03B | USD | Point-in-time |
| Financing agreements ($3,804,906 and $3,266,773 held at fair value, respectively) |
FinancingAgreementsFairValueandCarryingValue
|
$6.38B | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$547.79M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$218.06M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$7.58B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$6.60B | USD | Point-in-time |
| Commitments and contingencies (See Note 9) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Commitments and contingencies (See Note 9) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | 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 |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
105.04M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
108.14M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
108.14M | shares | Point-in-time |
| Common stock, $0.01 par value; 874,300 and 874,300 shares authorized; 105,036 and 108,138 shares issued and outstanding, respectively |
CommonStockValue
|
$1.05M | USD | Point-in-time |
| Common stock, $0.01 par value; 874,300 and 874,300 shares authorized; 105,036 and 108,138 shares issued and outstanding, respectively |
CommonStockValue
|
$1.08M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
105.04M | shares | Point-in-time |
| Additional paid-in capital, in excess of par |
AdditionalPaidInCapital
|
$3.72B | USD | Point-in-time |
| Additional paid-in capital, in excess of par |
AdditionalPaidInCapital
|
$3.78B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.28B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.42B | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$41.86M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$45.58M | 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
|
$2.54B | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquity
|
$2.35B | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$9.92B | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$9.14B | USD | Point-in-time |
Income Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Residential whole loans |
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
|
$64.54M | USD | 1 Quarter |
| Residential whole loans |
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
|
$99.47M | USD | 1 Quarter |
| Securities, at fair value |
InterestIncomeSecuritiesMortgageBacked
|
$16.46M | USD | 1 Quarter |
| Securities, at fair value |
InterestIncomeSecuritiesMortgageBacked
|
$5.28M | USD | 1 Quarter |
| Other interest-earning assets |
OtherOperatingIncome
|
$1.51M | USD | 1 Quarter |
| Other interest-earning assets |
OtherOperatingIncome
|
- | USD | 1 Quarter |
| Cash and cash equivalent investments |
InterestIncomeDepositsWithFinancialInstitutions
|
$102.00K | USD | 1 Quarter |
| Cash and cash equivalent investments |
InterestIncomeDepositsWithFinancialInstitutions
|
$54.00K | USD | 1 Quarter |
| Interest Income |
InterestAndDividendIncomeOperating
|
$106.35M | USD | 1 Quarter |
| Interest Income |
InterestAndDividendIncomeOperating
|
$81.05M | USD | 1 Quarter |
| Asset-backed and other collateralized financing arrangements |
InterestExpenseAssetBackedandCollateralizedFinancingAgreements
|
$39.37M | USD | 1 Quarter |
| Asset-backed and other collateralized financing arrangements |
InterestExpenseAssetBackedandCollateralizedFinancingAgreements
|
$26.05M | USD | 1 Quarter |
| Other interest expense |
InterestExpenseDebt
|
$3.93M | USD | 1 Quarter |
| Other interest expense |
InterestExpenseDebt
|
$4.02M | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$30.07M | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$43.30M | USD | 1 Quarter |
| Net Interest Income |
InterestIncomeExpenseNet
|
$50.98M | USD | 1 Quarter |
| Net Interest Income |
InterestIncomeExpenseNet
|
$63.05M | USD | 1 Quarter |
| Reversal of Provision for Credit Losses on Residential Whole Loans |
ReversalProvisionForCreditLossesOnResidentialWholeLoans
|
$-3.51M | USD | 1 Quarter |
| Reversal of Provision for Credit Losses on Residential Whole Loans |
ReversalProvisionForCreditLossesOnResidentialWholeLoans
|
$-22.75M | USD | 1 Quarter |
| Net Interest Income after Reversal of Provision for Credit Losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$73.73M | USD | 1 Quarter |
| Net Interest Income after Reversal of Provision for Credit Losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$66.56M | USD | 1 Quarter |
| Net mark-to-market and other net (loss)/gain on residential whole loans measured at fair value |
MortgageLoansonRealEstateGainLossonLoansatFairValue
|
$-288.38M | USD | 1 Quarter |
| Net mark-to-market and other net (loss)/gain on residential whole loans measured at fair value |
MortgageLoansonRealEstateGainLossonLoansatFairValue
|
$31.49M | USD | 1 Quarter |
| Net gains on derivatives used for risk management purposes |
GainLossFromPriceRiskManagementActivity
|
$94.10M | USD | 1 Quarter |
| Net gains on derivatives used for risk management purposes |
GainLossFromPriceRiskManagementActivity
|
- | USD | 1 Quarter |
| Net mark-to-market on Securitized debt measured at fair value |
DebtSecuritiesRealizedGainLoss
|
$64.12M | USD | 1 Quarter |
| Net mark-to-market on Securitized debt measured at fair value |
DebtSecuritiesRealizedGainLoss
|
$-1.01M | USD | 1 Quarter |
| Net gain on real estate owned |
GainsLossesOnSalesOfInvestmentRealEstate
|
$2.44M | USD | 1 Quarter |
| Net gain on real estate owned |
GainsLossesOnSalesOfInvestmentRealEstate
|
$8.73M | USD | 1 Quarter |
| Lima One - origination, servicing and other fee income |
OriginationServicingAndOtherFeeIncome
|
$14.49M | USD | 1 Quarter |
| Lima One - origination, servicing and other fee income |
OriginationServicingAndOtherFeeIncome
|
- | USD | 1 Quarter |
| Other, net |
OtherOperatingIncomeExpenseNet
|
$1.40M | USD | 1 Quarter |
| Other, net |
OtherOperatingIncomeExpenseNet
|
$-585.00K | USD | 1 Quarter |
| Other (Loss)/Income, net |
NoninterestIncomeLossNet
|
$-107.52M | USD | 1 Quarter |
| Other (Loss)/Income, net |
NoninterestIncomeLossNet
|
$34.32M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$8.44M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$19.56M | USD | 1 Quarter |
| Other general and administrative expense |
OtherGeneralAndAdministrativeExpense
|
$8.70M | USD | 1 Quarter |
| Other general and administrative expense |
OtherGeneralAndAdministrativeExpense
|
$6.79M | USD | 1 Quarter |
| Loan servicing, financing and other related costs |
OtherCostAndExpenseOperating
|
$10.40M | USD | 1 Quarter |
| Loan servicing, financing and other related costs |
OtherCostAndExpenseOperating
|
$7.30M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
- | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$3.30M | USD | 1 Quarter |
| Operating and Other Expense |
CostsAndExpenses
|
$41.95M | USD | 1 Quarter |
| Operating and Other Expense |
CostsAndExpenses
|
$22.53M | USD | 1 Quarter |
| Net (Loss)/Income |
NetIncomeLoss
|
$85.52M | USD | 1 Quarter |
| Net (Loss)/Income |
NetIncomeLoss
|
$-82.91M | USD | 1 Quarter |
| Less Preferred Stock Dividend Requirement |
PreferredStockDividendsIncomeStatementImpact
|
$8.22M | USD | 1 Quarter |
| Less Preferred Stock Dividend Requirement |
PreferredStockDividendsIncomeStatementImpact
|
$8.22M | USD | 1 Quarter |
| Net (Loss)/Income Available to Common Stock and Participating Securities |
NetIncomeLossAvailabletoCommonStockholdersBasicandParticipatingSecurities
|
$-91.12M | USD | 1 Quarter |
| Net (Loss)/Income Available to Common Stock and Participating Securities |
NetIncomeLossAvailabletoCommonStockholdersBasicandParticipatingSecurities
|
$77.30M | USD | 1 Quarter |
| Basic (Loss)/Earnings per Common Share (in dollars per share) |
EarningsPerShareBasic
|
$-0.86 | USD | 1 Quarter |
| Basic (Loss)/Earnings per Common Share (in dollars per share) |
EarningsPerShareBasic
|
$0.68 | USD | 1 Quarter |
| Diluted (Loss)/Earnings per Common Share (in dollars per share) |
EarningsPerShareDiluted
|
$-0.86 | USD | 1 Quarter |
| Diluted (Loss)/Earnings per Common Share (in dollars per share) |
EarningsPerShareDiluted
|
$0.67 | USD | 1 Quarter |
Cash Flow Statement
76 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (loss)/income |
NetIncomeLoss
|
$85.52M | USD | 1 Quarter |
| Net (loss)/income |
NetIncomeLoss
|
$-82.91M | USD | 1 Quarter |
| (Gains)/losses on residential whole loans and real estate owned, net |
ResidentialWholeLoansGainLoss
|
$-277.27M | USD | 1 Quarter |
| (Gains)/losses on residential whole loans and real estate owned, net |
ResidentialWholeLoansGainLoss
|
$35.89M | USD | 1 Quarter |
| (Gains)/losses on securities, net |
DebtSecuritiesGainLoss
|
$-2.92M | USD | 1 Quarter |
| (Gains)/losses on securities, net |
DebtSecuritiesGainLoss
|
$100.00K | USD | 1 Quarter |
| Accretion of purchase discounts and amortization of purchase premiums on residential whole loans and securities, and amortization of terminated hedging instruments |
AccretionAndAmortizationOfPurchaseDiscounts
|
$9.64M | USD | 1 Quarter |
| Accretion of purchase discounts and amortization of purchase premiums on residential whole loans and securities, and amortization of terminated hedging instruments |
AccretionAndAmortizationOfPurchaseDiscounts
|
$4.13M | USD | 1 Quarter |
| (Reversal of provision)/provision for credit and valuation losses on residential whole loans and other financial instruments |
ProvisionforCreditandValuationLossesonResidentialWholeLoansAndOtherFinancialInstrumentsAtCarryingValue
|
$-4.04M | 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 |
| Net other non-cash (gains)/losses included in net income |
OtherNonCashLossesIncludedInNetIncome
|
$5.21M | USD | 1 Quarter |
| Net other non-cash (gains)/losses included in net income |
OtherNonCashLossesIncludedInNetIncome
|
$-134.62M | USD | 1 Quarter |
| (Increase)/Decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-78.45M | USD | 1 Quarter |
| (Increase)/Decrease 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
|
$609.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$24.16M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$133.56M | USD | 1 Quarter |
| Purchases of residential whole loans, loan related investments and capitalized advances |
PaymentsToAcquireLoansHeldForInvestment
|
$1.19B | USD | 1 Quarter |
| Purchases of residential whole loans, loan related investments and capitalized advances |
PaymentsToAcquireLoansHeldForInvestment
|
$184.71M | USD | 1 Quarter |
| Proceeds from sales of residential whole loans, and residential whole loan repurchases |
ProceedsFromSaleOfResidentialWholeLoans
|
- | USD | 1 Quarter |
| Proceeds from sales of residential whole loans, and residential whole loan repurchases |
ProceedsFromSaleOfResidentialWholeLoans
|
- | USD | 1 Quarter |
| Principal payments on residential whole loans and loan related investments |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$567.11M | USD | 1 Quarter |
| Principal payments on residential whole loans and loan related investments |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$425.30M | USD | 1 Quarter |
| Proceeds from sales of securities and other assets |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$369.00K | USD | 1 Quarter |
| Proceeds from sales of securities and other assets |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
- | USD | 1 Quarter |
| Principal payments on securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
|
$58.90M | USD | 1 Quarter |
| Principal payments on securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
|
$1.47M | 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
|
$353.00K | USD | 1 Quarter |
| Proceeds from sales of real estate owned |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$50.62M | USD | 1 Quarter |
| Proceeds from sales of real estate owned |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$41.34M | USD | 1 Quarter |
| Additions to leasehold improvements, furniture and fixtures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$953.00K | USD | 1 Quarter |
| Additions to leasehold improvements, furniture and fixtures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$4.42M | USD | 1 Quarter |
| Net cash (used in)/provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-583.45M | USD | 1 Quarter |
| Net cash (used in)/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
|
$586.88M | USD | 1 Quarter |
| Proceeds from borrowings under financing agreements with mark-to-market collateral provisions |
ProceedsfromSecuritiesSoldunderAgreementstoRepurchaseWithMarktoMarketCollateralProvisions
|
$965.27M | USD | 1 Quarter |
| Proceeds from borrowings under financing agreements with mark-to-market collateral provisions |
ProceedsfromSecuritiesSoldunderAgreementstoRepurchaseWithMarktoMarketCollateralProvisions
|
$663.93M | USD | 1 Quarter |
| Principal payments on other collateralized financing agreements |
PrincipalPaymentsOnFinancingAgreementsWithNonMarkToMarketCollateralProvisions
|
$761.12M | USD | 1 Quarter |
| Principal payments on other collateralized financing agreements |
PrincipalPaymentsOnFinancingAgreementsWithNonMarkToMarketCollateralProvisions
|
$521.26M | USD | 1 Quarter |
| Proceeds from borrowings under other collateralized financing agreements |
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchaseWithNonMarkToMarketCollateralProvisions
|
$437.92M | USD | 1 Quarter |
| Proceeds from borrowings under other collateralized financing agreements |
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchaseWithNonMarkToMarketCollateralProvisions
|
$1.10B | USD | 1 Quarter |
| Payment made for other collateralized financing agreement related costs |
PaymentsMadeforSecuritizationRelatedCost
|
$2.87M | 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
|
$100.00M | USD | 1 Quarter |
| Principal payment on redemption of Senior notes |
PrincipalPaymentOnRedemptionOfSeniorNotes
|
- | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$581.00K | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$376.00K | USD | 1 Quarter |
| Payments made for the repurchase of common stock through the stock repurchase program |
PaymentsForRepurchaseOfCommonStock
|
$20.93M | USD | 1 Quarter |
| Payments made for the repurchase of common stock through the stock repurchase program |
PaymentsForRepurchaseOfCommonStock
|
$54.80M | USD | 1 Quarter |
| Dividends paid on preferred stock |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$8.22M | USD | 1 Quarter |
| Dividends paid on preferred stock |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$8.22M | USD | 1 Quarter |
| Dividends paid on common stock and dividend equivalents |
PaymentsOfDividendsCommonStock
|
$34.02M | USD | 1 Quarter |
| Dividends paid on common stock and dividend equivalents |
PaymentsOfDividendsCommonStock
|
$47.23M | USD | 1 Quarter |
| Net cash provided by/(used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$600.99M | USD | 1 Quarter |
| Net cash provided by/(used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-405.30M | USD | 1 Quarter |
| Net (decrease)/increase in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$151.09M | 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
|
$555.54M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$404.45M | USD | Point-in-time |
| 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
|
$785.86M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$555.54M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$404.45M | 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
|
$785.86M | USD | Point-in-time |
| Interest Paid |
InterestPaidNet
|
$29.55M | USD | 1 Quarter |
| Interest Paid |
InterestPaidNet
|
$34.73M | USD | 1 Quarter |
| Transfer from residential whole loans to real estate owned |
TransferToOtherRealEstate
|
$20.07M | USD | 1 Quarter |
| Transfer from residential whole loans to real estate owned |
TransferToOtherRealEstate
|
$22.08M | USD | 1 Quarter |
| Dividends and dividend equivalents declared and unpaid |
DividendsPayableCurrentAndNoncurrent
|
$33.64M | USD | Point-in-time |
| Dividends and dividend equivalents declared and unpaid |
DividendsPayableCurrentAndNoncurrent
|
$46.36M | USD | Point-in-time |
| Payable for unsettled residential whole loan and Treasury Bill purchases |
NoncashPayableforUnsettledLoanPurchases
|
$112.20M | USD | 1 Quarter |
| Payable for unsettled residential whole loan and Treasury Bill purchases |
NoncashPayableforUnsettledLoanPurchases
|
$329.71M | USD | 1 Quarter |
Stockholders Equity
33 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, cash dividends declared (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.11 | USD | Point-in-time |
| Common stock, cash dividends declared (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.11 | USD | 1 Quarter |
| Common stock, cash dividends declared (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.07 | USD | 1 Quarter |
| Beginning balance |
StockholdersEquity
|
$2.54B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$2.52B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$2.54B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$2.35B | USD | Point-in-time |
| Stock split ratio, common stock |
StockholdersEquityNoteStockSplitConversionRatio1
|
0.25 | pure | 1 Quarter |
| Stock split ratio, common stock |
StockholdersEquityNoteStockSplitConversionRatio1
|
0.25 | pure | 1 Quarter |
| Net (loss)/income |
NetIncomeLoss
|
$85.52M | USD | 1 Quarter |
| Net (loss)/income |
NetIncomeLoss
|
$-82.91M | USD | 1 Quarter |
| Issuance of common stock, net of expenses |
StockIssuedDuringPeriodValueNewIssues
|
$382.00K | USD | 1 Quarter |
| Issuance of common stock, net of expenses |
StockIssuedDuringPeriodValueNewIssues
|
$486.00K | USD | 1 Quarter |
| Repurchase of shares of common stock |
StockRepurchasedAndRetiredDuringPeriodValue
|
$55.74M | 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
|
$2.64M | USD | 1 Quarter |
| Change in accrued dividends attributable to stock-based awards |
AdjustmentsToAdditionalPaidInCapitalOther
|
$489.00K | USD | 1 Quarter |
| Change in accrued dividends attributable to stock-based awards |
AdjustmentsToAdditionalPaidInCapitalOther
|
$-76.00K | USD | 1 Quarter |
| Dividends declared on common stock |
DividendsCommonStock
|
$33.52M | USD | 1 Quarter |
| Dividends declared on common stock |
DividendsCommonStock
|
$46.22M | USD | 1 Quarter |
| Dividends declared on preferred stock |
DividendsPreferredStock
|
$8.22M | USD | 1 Quarter |
| Dividends declared on preferred stock |
DividendsPreferredStock
|
$8.22M | USD | 1 Quarter |
| Dividends attributable to dividend equivalents |
DividendsDividendEquivalentRights
|
$141.00K | USD | 1 Quarter |
| Dividends attributable to dividend equivalents |
DividendsDividendEquivalentRights
|
$120.00K | USD | 1 Quarter |
| Change in unrealized gains on securities, net |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-4.98M | USD | 1 Quarter |
| Change in unrealized gains on securities, net |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-3.85M | 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 |
| Changes in fair value of financing agreements at fair value due to changes in instrument-specific credit risk |
OtherComprehensiveIncomeLossChangeInFairValueOfFinancingAgreementsAtFairValue
|
$-1.25M | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$2.54B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$2.52B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$2.54B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$2.35B | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (loss)/income |
NetIncomeLoss
|
$85.52M | USD | 1 Quarter |
| Net (loss)/income |
NetIncomeLoss
|
$-82.91M | USD | 1 Quarter |
| Unrealized (losses) on securities available-for-sale |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-4.98M | USD | 1 Quarter |
| Unrealized (losses) on securities available-for-sale |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-3.85M | 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 |
| Changes in fair value of financing agreements at fair value due to changes in instrument-specific credit risk |
OtherComprehensiveIncomeLossChangeInFairValueOfFinancingAgreementsAtFairValue
|
$-1.25M | USD | 1 Quarter |
| Other Comprehensive (Loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-3.62M | USD | 1 Quarter |
| Other Comprehensive (Loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-3.72M | USD | 1 Quarter |
| Comprehensive (loss)/income before preferred stock dividends |
ComprehensiveIncomeNetOfTax
|
$-86.63M | USD | 1 Quarter |
| Comprehensive (loss)/income before preferred stock dividends |
ComprehensiveIncomeNetOfTax
|
$81.90M | USD | 1 Quarter |
| Dividends required on preferred stock |
PreferredStockDividendsIncomeStatementImpact
|
$8.22M | USD | 1 Quarter |
| Dividends required on preferred stock |
PreferredStockDividendsIncomeStatementImpact
|
$8.22M | USD | 1 Quarter |
| Comprehensive (Loss)/Income Available to Common Stock and Participating Securities |
ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities
|
$-94.85M | USD | 1 Quarter |
| Comprehensive (Loss)/Income 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.