10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001055160-23-000010 |
| Period End Date | 20230331 |
| Filing Date | 20230504 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | mfa-20230331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Residential whole loans, net ($6,164,293 and $5,305,349 held at fair value, respectively) |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$7.52B | USD | Point-in-time |
| Residential whole loans, net ($6,164,293 and $5,305,349 held at fair value, respectively) |
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
$7.79B | USD | Point-in-time |
| Securities, at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$333.36M | USD | Point-in-time |
| Securities, at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$504.64M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$362.45M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$334.18M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$159.90M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$165.14M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$485.13M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$766.22M | USD | Point-in-time |
| Total Assets |
Assets
|
$9.11B | USD | Point-in-time |
| Total Assets |
Assets
|
$9.31B | USD | Point-in-time |
| Financing agreements ($4,147,712 and $3,898,744 held at fair value, respectively) |
FinancingAgreementsFairValueAndCarryingValue1
|
$7.10B | USD | Point-in-time |
| Financing agreements ($4,147,712 and $3,898,744 held at fair value, respectively) |
FinancingAgreementsFairValueAndCarryingValue1
|
$6.81B | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$311.47M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$191.68M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$7.12B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$7.29B | USD | Point-in-time |
| Commitments and contingencies (See Note 9) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (See Note 9) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, $0.01 par value; 874,300 and 874,300 shares authorized; 101,912 and 101,802 shares issued and outstanding, respectively |
CommonStockValue
|
$1.02M | USD | Point-in-time |
| Common stock, $0.01 par value; 874,300 and 874,300 shares authorized; 101,912 and 101,802 shares issued and outstanding, respectively |
CommonStockValue
|
$1.02M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Additional paid-in capital, in excess of par |
AdditionalPaidInCapital
|
$3.69B | USD | Point-in-time |
| Additional paid-in capital, in excess of par |
AdditionalPaidInCapital
|
$3.68B | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.69B | 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 |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.72B | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
101.91M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
101.80M | shares | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$20.23M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$21.34M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquity
|
$2.35B | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
101.80M | shares | Point-in-time |
| Total Stockholders Equity |
StockholdersEquity
|
$2.54B | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquity
|
$2.02B | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
101.91M | shares | Point-in-time |
| Total Stockholders Equity |
StockholdersEquity
|
$1.99B | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$9.11B | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$9.31B | USD | Point-in-time |
Income Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Residential whole loans |
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
|
$119.51M | USD | 1 Quarter |
| Residential whole loans |
InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate
|
$99.47M | USD | 1 Quarter |
| Securities, at fair value |
InterestIncomeSecuritiesMortgageBacked
|
$5.28M | USD | 1 Quarter |
| Securities, at fair value |
InterestIncomeSecuritiesMortgageBacked
|
$7.31M | USD | 1 Quarter |
| Other interest-earning assets |
OtherOperatingIncome
|
$1.51M | USD | 1 Quarter |
| Other interest-earning assets |
OtherOperatingIncome
|
$2.35M | USD | 1 Quarter |
| Cash and cash equivalent investments |
InterestIncomeDepositsWithFinancialInstitutions
|
$102.00K | USD | 1 Quarter |
| Cash and cash equivalent investments |
InterestIncomeDepositsWithFinancialInstitutions
|
$3.04M | USD | 1 Quarter |
| Interest Income |
InterestAndDividendIncomeOperating
|
$132.21M | USD | 1 Quarter |
| Interest Income |
InterestAndDividendIncomeOperating
|
$106.35M | USD | 1 Quarter |
| Asset-backed and other collateralized financing arrangements |
InterestExpenseAssetBackedAndCollateralizedFinancingAgreements
|
$88.88M | USD | 1 Quarter |
| Asset-backed and other collateralized financing arrangements |
InterestExpenseAssetBackedAndCollateralizedFinancingAgreements
|
$39.37M | USD | 1 Quarter |
| Other interest expense |
InterestExpenseDebt
|
$3.93M | USD | 1 Quarter |
| Other interest expense |
InterestExpenseDebt
|
$3.96M | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$92.84M | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$43.30M | USD | 1 Quarter |
| Net Interest Income |
InterestIncomeExpenseNet
|
$63.05M | USD | 1 Quarter |
| Net Interest Income |
InterestIncomeExpenseNet
|
$39.37M | 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
|
$-13.00K | USD | 1 Quarter |
| Net Interest Income after Reversal of Provision for Credit Losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$66.56M | USD | 1 Quarter |
| Net Interest Income after Reversal of Provision for Credit Losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$39.38M | USD | 1 Quarter |
| Net gain/(loss) on residential whole loans measured at fair value through earnings |
MortgageLoansOnRealEstateGainLossOnLoansAtFairValue
|
$129.17M | USD | 1 Quarter |
| Net gain/(loss) on residential whole loans measured at fair value through earnings |
MortgageLoansOnRealEstateGainLossOnLoansAtFairValue
|
$-287.94M | USD | 1 Quarter |
| Impairment and other net gain/(loss) on securities and other portfolio investments |
ImpairmentAndOtherLossesGainsOnSecuritiesAvailableForSaleAndOtherAssets
|
$3.70M | USD | 1 Quarter |
| Impairment and other net gain/(loss) on securities and other portfolio investments |
ImpairmentAndOtherLossesGainsOnSecuritiesAvailableForSaleAndOtherAssets
|
$-2.93M | USD | 1 Quarter |
| Net gain on real estate owned |
GainsLossesOnSalesOfInvestmentRealEstate
|
$3.94M | USD | 1 Quarter |
| Net gain on real estate owned |
GainsLossesOnSalesOfInvestmentRealEstate
|
$8.73M | USD | 1 Quarter |
| Net (loss)/gain on derivatives used for risk management purposes |
GainLossFromPriceRiskManagementActivity
|
$-21.21M | USD | 1 Quarter |
| Net (loss)/gain on derivatives used for risk management purposes |
GainLossFromPriceRiskManagementActivity
|
$94.10M | USD | 1 Quarter |
| Net (loss)/gain on securitized debt measured at fair value through earnings |
FairValueChangesOnSecuritizedDebt
|
$-51.73M | USD | 1 Quarter |
| Net (loss)/gain on securitized debt measured at fair value through earnings |
FairValueChangesOnSecuritizedDebt
|
$64.12M | 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
|
$8.98M | USD | 1 Quarter |
| Other, net |
OtherOperatingIncomeExpenseNet
|
$2.68M | USD | 1 Quarter |
| Other, net |
OtherOperatingIncomeExpenseNet
|
$3.17M | USD | 1 Quarter |
| Other Income/(Loss), net |
NoninterestIncomeLossNet
|
$75.26M | USD | 1 Quarter |
| Other Income/(Loss), net |
NoninterestIncomeLossNet
|
$-107.52M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$19.56M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$20.63M | USD | 1 Quarter |
| Other general and administrative expense |
OtherGeneralAndAdministrativeExpense
|
$10.39M | USD | 1 Quarter |
| Other general and administrative expense |
OtherGeneralAndAdministrativeExpense
|
$8.70M | USD | 1 Quarter |
| Loan servicing, financing and other related costs |
OtherCostAndExpenseOperating
|
$10.40M | USD | 1 Quarter |
| Loan servicing, financing and other related costs |
OtherCostAndExpenseOperating
|
$9.54M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$3.30M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$1.30M | USD | 1 Quarter |
| Operating and Other Expense |
CostsAndExpenses
|
$41.95M | USD | 1 Quarter |
| Operating and Other Expense |
CostsAndExpenses
|
$41.86M | USD | 1 Quarter |
| Net Income/(Loss) |
NetIncomeLoss
|
$72.78M | USD | 1 Quarter |
| Net Income/(Loss) |
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 Income/(Loss) Available to Common Stock and Participating Securities |
NetIncomeLossAvailableToCommonStockholdersBasicAndParticipatingSecurities
|
$-91.12M | USD | 1 Quarter |
| Net Income/(Loss) Available to Common Stock and Participating Securities |
NetIncomeLossAvailableToCommonStockholdersBasicAndParticipatingSecurities
|
$64.56M | USD | 1 Quarter |
| Basic Earnings/(Loss) per Common Share (in dollars per share) |
EarningsPerShareBasic
|
$0.63 | USD | 1 Quarter |
| Basic Earnings/(Loss) per Common Share (in dollars per share) |
EarningsPerShareBasic
|
$-0.86 | USD | 1 Quarter |
| Diluted Earnings/(Loss) per Common Share (in dollars per share) |
EarningsPerShareDiluted
|
$-0.86 | USD | 1 Quarter |
| Diluted Earnings/(Loss) per Common Share (in dollars per share) |
EarningsPerShareDiluted
|
$0.62 | USD | 1 Quarter |
Cash Flow Statement
84 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income/(loss) |
NetIncomeLoss
|
$72.78M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$-82.91M | USD | 1 Quarter |
| Net (gain)/loss on residential whole loans |
ResidentialWholeLoansGainLoss
|
$-285.52M | USD | 1 Quarter |
| Net (gain)/loss on residential whole loans |
ResidentialWholeLoansGainLoss
|
$129.17M | USD | 1 Quarter |
| Impairment and other net (gain)/loss on securities and other portfolio investments, net |
DebtSecuritiesGainLoss
|
$-2.92M | USD | 1 Quarter |
| Impairment and other net (gain)/loss on securities and other portfolio investments, net |
DebtSecuritiesGainLoss
|
$2.93M | USD | 1 Quarter |
| Net gain on real estate owned |
ImpairmentAndOtherGainsLossesOnSecuritiesAvailableForSaleAndOtherAssetsAndInvestments
|
$-3.94M | USD | 1 Quarter |
| Net gain on real estate owned |
ImpairmentAndOtherGainsLossesOnSecuritiesAvailableForSaleAndOtherAssetsAndInvestments
|
$-8.25M | USD | 1 Quarter |
| Accretion of purchase discounts and amortization of purchase premiums on residential whole loans and securities |
AccretionAndAmortizationOfPurchaseDiscounts
|
$4.51M | USD | 1 Quarter |
| Accretion of purchase discounts and amortization of purchase premiums on residential whole loans and securities |
AccretionAndAmortizationOfPurchaseDiscounts
|
$4.13M | USD | 1 Quarter |
| Reversal of provision for credit losses on residential whole loans and other assets |
ProvisionForReversalOfCreditAndValuationLossesOnResidentialWholeLoansAndOtherFinancialInstrumentsAtCarryingValue
|
$-4.04M | USD | 1 Quarter |
| Reversal of provision for credit losses on residential whole loans and other assets |
ProvisionForReversalOfCreditAndValuationLossesOnResidentialWholeLoansAndOtherFinancialInstrumentsAtCarryingValue
|
$-4.00K | USD | 1 Quarter |
| Net loss/(gain) on derivatives used for risk management purposes |
GainLossOnSaleOfDerivatives
|
$-42.88M | USD | 1 Quarter |
| Net loss/(gain) on derivatives used for risk management purposes |
GainLossOnSaleOfDerivatives
|
$99.63M | USD | 1 Quarter |
| Net loss/(gain) on securitized debt measured at fair value through earnings |
UnrealizedGainLossOnSecuritizedDebtAtFairValue
|
$62.85M | USD | 1 Quarter |
| Net loss/(gain) on securitized debt measured at fair value through earnings |
UnrealizedGainLossOnSecuritizedDebtAtFairValue
|
$-48.85M | USD | 1 Quarter |
| Net margin (paid)/received for derivatives used for risk management purposes |
DerivativeGainLossOnDerivativeNet
|
$28.43M | USD | 1 Quarter |
| Net margin (paid)/received for derivatives used for risk management purposes |
DerivativeGainLossOnDerivativeNet
|
$-75.33M | USD | 1 Quarter |
| Net other non-cash losses included in net income |
OtherNonCashLossesIncludedInNetIncome
|
$7.86M | USD | 1 Quarter |
| Net other non-cash losses included in net income |
OtherNonCashLossesIncludedInNetIncome
|
$8.99M | USD | 1 Quarter |
| (Increase)/decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$27.52M | USD | 1 Quarter |
| (Increase)/decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-22.00M | USD | 1 Quarter |
| Increase/(decrease) in other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$11.47M | USD | 1 Quarter |
| Increase/(decrease) in other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$609.00K | USD | 1 Quarter |
| Net cash (used in)/provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$133.56M | USD | 1 Quarter |
| Net cash (used in)/provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-12.67M | USD | 1 Quarter |
| Purchases and origination of residential whole loans, loan related investments and capitalized advances |
PaymentsToAcquireLoansHeldForInvestment
|
$459.01M | USD | 1 Quarter |
| Purchases and origination of residential whole loans, loan related investments and capitalized advances |
PaymentsToAcquireLoansHeldForInvestment
|
$1.19B | USD | 1 Quarter |
| Proceeds from sales of residential whole loans |
ProceedsFromSaleOfLoansHeldForInvestment
|
$263.01M | USD | 1 Quarter |
| Proceeds from sales of residential whole loans |
ProceedsFromSaleOfLoansHeldForInvestment
|
- | USD | 1 Quarter |
| Principal payments on residential whole loans and loan related investments |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$321.63M | USD | 1 Quarter |
| Principal payments on residential whole loans and loan related investments |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$567.11M | USD | 1 Quarter |
| Purchases of securities |
PaymentsToAcquireInvestments
|
- | USD | 1 Quarter |
| Purchases of securities |
PaymentsToAcquireInvestments
|
$305.86M | USD | 1 Quarter |
| Proceeds from sales of securities and other assets |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
- | USD | 1 Quarter |
| Proceeds from sales of securities and other assets |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$369.00K | USD | 1 Quarter |
| Principal payments on securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
|
$1.47M | USD | 1 Quarter |
| Principal payments on securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
|
$5.75M | USD | 1 Quarter |
| Purchases of real estate owned and capital improvements |
PurchaseOfRealEstateOwnedAndCapitalImprovements
|
$353.00K | USD | 1 Quarter |
| Purchases of real estate owned and capital improvements |
PurchaseOfRealEstateOwnedAndCapitalImprovements
|
$137.00K | USD | 1 Quarter |
| Proceeds from sales of real estate owned |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$33.97M | USD | 1 Quarter |
| Proceeds from sales of real estate owned |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$41.34M | USD | 1 Quarter |
| Additions to leasehold improvements, furniture and fixtures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.46M | USD | 1 Quarter |
| Additions to leasehold improvements, furniture and fixtures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$953.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-583.45M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-142.10M | USD | 1 Quarter |
| Principal payments on financing agreements with mark-to-market collateral provisions |
PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchaseAndOtherAdvances
|
$766.60M | 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
|
$640.50M | USD | 1 Quarter |
| Proceeds from borrowings under financing agreements with mark-to-market collateral provisions |
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchaseWithMarkToMarketCollateralProvisions
|
$965.27M | USD | 1 Quarter |
| Principal payments on other collateralized financing agreements |
PrincipalPaymentsOnFinancingAgreementsWithNonMarkToMarketCollateralProvisions
|
$415.44M | USD | 1 Quarter |
| Principal payments on other collateralized financing agreements |
PrincipalPaymentsOnFinancingAgreementsWithNonMarkToMarketCollateralProvisions
|
$761.12M | USD | 1 Quarter |
| Proceeds from borrowings under other collateralized financing agreements |
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchaseWithNonMarkToMarketCollateralProvisions
|
$1.10B | USD | 1 Quarter |
| Proceeds from borrowings under other collateralized financing agreements |
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchaseWithNonMarkToMarketCollateralProvisions
|
$778.40M | 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
|
$4.60M | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$581.00K | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$17.00K | USD | 1 Quarter |
| Payments made for the repurchase of common stock through the stock repurchase program |
PaymentsForRepurchaseOfCommonStock
|
$54.80M | USD | 1 Quarter |
| Payments made for the repurchase of common stock through the stock repurchase program |
PaymentsForRepurchaseOfCommonStock
|
- | 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
|
$47.23M | USD | 1 Quarter |
| Dividends paid on common stock and dividend equivalents |
PaymentsOfDividendsCommonStock
|
$35.77M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$188.28M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$600.99M | USD | 1 Quarter |
| Net increase in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$151.09M | USD | 1 Quarter |
| Net increase in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$33.51M | 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
|
$527.59M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$494.08M | 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 end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$555.54M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$527.59M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$494.08M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$404.45M | USD | Point-in-time |
| Interest paid |
InterestPaidNet
|
$34.73M | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$87.06M | USD | 1 Quarter |
| Transfer from residential whole loans to real estate owned |
TransferToOtherRealEstate
|
$20.93M | 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
|
$35.76M | 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
|
- | USD | 1 Quarter |
| Payable for unsettled residential whole loan and Treasury Bill purchases |
NoncashPayableForUnsettledLoanPurchases
|
$329.71M | USD | 1 Quarter |
Stockholders Equity
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Dividend declared per share, common stock (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.35 | USD | 1 Quarter |
| Dividend declared per share, common stock (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.44 | USD | 1 Quarter |
| Dividend declared per share, common stock (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.35 | USD | Point-in-time |
| Common stock, cash dividends declared (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.35 | USD | 1 Quarter |
| Common stock, cash dividends declared (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.44 | USD | 1 Quarter |
| Common stock, cash dividends declared (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.35 | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$2.35B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$2.54B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$2.02B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$1.99B | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$72.78M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$-82.91M | USD | 1 Quarter |
| Issuance of common stock, net of expenses |
StockIssuedDuringPeriodValueNewIssues
|
$18.00K | 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
|
$599.00K | USD | 1 Quarter |
| Equity based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$3.02M | USD | 1 Quarter |
| Equity based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$2.64M | USD | 1 Quarter |
| Change in accrued dividends attributable to stock-based awards |
AdjustmentsToAdditionalPaidInCapitalOther
|
$-76.00K | USD | 1 Quarter |
| Change in accrued dividends attributable to stock-based awards |
AdjustmentsToAdditionalPaidInCapitalOther
|
$-375.00K | USD | 1 Quarter |
| Dividends declared on common stock |
DividendsCommonStock
|
$46.22M | USD | 1 Quarter |
| Dividends declared on common stock |
DividendsCommonStock
|
$35.67M | 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
|
$86.00K | USD | 1 Quarter |
| Dividends attributable to dividend equivalents |
DividendsDividendEquivalentRights
|
$141.00K | USD | 1 Quarter |
| Change in unrealized gains on securities, net |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-1.12M | USD | 1 Quarter |
| Change in unrealized gains on securities, net |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-4.98M | 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
|
$-1.25M | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$2.35B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$2.54B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$2.02B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$1.99B | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income/(loss) |
NetIncomeLoss
|
$72.78M | USD | 1 Quarter |
| Net income/(loss) |
NetIncomeLoss
|
$-82.91M | USD | 1 Quarter |
| Unrealized losses on securities available-for-sale |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-1.12M | USD | 1 Quarter |
| Unrealized losses on securities available-for-sale |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-4.98M | 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
|
$-1.25M | USD | 1 Quarter |
| Other Comprehensive (Loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-1.12M | USD | 1 Quarter |
| Other Comprehensive (Loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-3.72M | USD | 1 Quarter |
| Comprehensive income/(loss) before preferred stock dividends |
ComprehensiveIncomeNetOfTax
|
$71.67M | USD | 1 Quarter |
| Comprehensive income/(loss) before preferred stock dividends |
ComprehensiveIncomeNetOfTax
|
$-86.63M | 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 Income/(Loss) Available to Common Stock and Participating Securities |
ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities
|
$63.45M | USD | 1 Quarter |
| Comprehensive Income/(Loss) Available to Common Stock and Participating Securities |
ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities
|
$-94.85M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.