10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001104659-12-033031 |
| Period End Date | 20120331 |
| Filing Date | 20120504 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | mfa-20120331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
81 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Agency MBS, at fair value, pledged as collateral (in dollars) |
AvailableForSaleSecuritiesPledgedAsCollateralAgency
|
$6.54B | USD | Point-in-time |
| Agency MBS, at fair value, pledged as collateral (in dollars) |
AvailableForSaleSecuritiesPledgedAsCollateralAgency
|
$6.67B | USD | Point-in-time |
| Non-Agency MBS, at fair value, pledged as collateral (in dollars) |
AvailableForSaleSecuritiesPledgedAsCollateralNonAgency
|
$629.62M | USD | Point-in-time |
| Non-Agency MBS, at fair value, pledged as collateral (in dollars) |
AvailableForSaleSecuritiesPledgedAsCollateralNonAgency
|
$692.53M | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Agency MBS, at fair value ($6,536,740 and $6,666,963 pledged as collateral, respectively) |
AvailableForSaleSecuritiesAgency
|
$7.06B | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
3.84M | shares | Point-in-time |
| Agency MBS, at fair value ($6,536,740 and $6,666,963 pledged as collateral, respectively) |
AvailableForSaleSecuritiesAgency
|
$7.14B | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
3.84M | shares | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
3.84M | shares | Point-in-time |
| Non-Agency MBS, at fair value ($629,623 and $692,534 pledged as collateral, respectively) |
AvailableForSaleSecuritiesNonAgency
|
$1.76B | USD | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
3.84M | shares | Point-in-time |
| Non-Agency MBS, at fair value ($629,623 and $692,534 pledged as collateral, respectively) |
AvailableForSaleSecuritiesNonAgency
|
$1.49B | USD | Point-in-time |
| Non-Agency MBS transferred to consolidated variable interest entities ("VIEs") |
NonAgencyMortgageBackedSecuritiesTransferredToConsolidatedVariableInterestEntity
|
$2.66B | USD | Point-in-time |
| Preferred stock, aggregate liquidation preference (in dollars) |
PreferredStockLiquidationPreferenceAmount
|
$96.00M | USD | Point-in-time |
| Non-Agency MBS transferred to consolidated variable interest entities ("VIEs") |
NonAgencyMortgageBackedSecuritiesTransferredToConsolidatedVariableInterestEntity
|
$2.28B | USD | Point-in-time |
| Preferred stock, aggregate liquidation preference (in dollars) |
PreferredStockLiquidationPreferenceAmount
|
$96.00M | USD | Point-in-time |
| Securities obtained and pledged as collateral, at fair value |
SecuritiesReceivedAsCollateral
|
$306.40M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Securities obtained and pledged as collateral, at fair value |
SecuritiesReceivedAsCollateral
|
$503.74M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$374.62M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
895.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
895.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$394.02M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$345.24M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$629.42M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$13.01M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
356.11M | shares | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$15.50M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
356.27M | shares | Point-in-time |
| MBS linked transactions, net ("Linked Transactions"), at fair value |
MBSLinkedTransactionsNet
|
$55.80M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
356.27M | shares | Point-in-time |
| MBS linked transactions, net ("Linked Transactions"), at fair value |
MBSLinkedTransactionsNet
|
$20.12M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
356.11M | shares | Point-in-time |
| Interest receivable |
InterestReceivable
|
$42.84M | USD | Point-in-time |
| Interest receivable |
InterestReceivable
|
$42.67M | USD | Point-in-time |
| Derivative hedging instruments, at fair value |
DerivativeFairValueOfDerivativeAsset
|
$26.00K | USD | Point-in-time |
| Goodwill |
Goodwill
|
$7.19M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$7.19M | USD | Point-in-time |
| Prepaid and other assets |
PrepaidExpenseAndOtherAssets
|
$15.47M | USD | Point-in-time |
| Prepaid and other assets |
PrepaidExpenseAndOtherAssets
|
$15.88M | USD | Point-in-time |
| Total Assets |
Assets
|
$12.45B | USD | Point-in-time |
| Total Assets |
Assets
|
$11.75B | USD | Point-in-time |
| Repurchase agreements |
SecuritiesSoldUnderAgreementsToRepurchase
|
$7.81B | USD | Point-in-time |
| Repurchase agreements |
SecuritiesSoldUnderAgreementsToRepurchase
|
$7.91B | USD | Point-in-time |
| Securitized debt |
SecuritizedDebt
|
$875.52M | USD | Point-in-time |
| Securitized debt |
SecuritizedDebt
|
$967.42M | USD | Point-in-time |
| Obligation to return securities obtained as collateral, at fair value |
ObligationToReturnSecuritiesReceivedAsCollateral
|
$306.40M | USD | Point-in-time |
| Obligation to return securities obtained as collateral, at fair value |
ObligationToReturnSecuritiesReceivedAsCollateral
|
$503.74M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$11.52M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$9.11M | USD | Point-in-time |
| Derivative hedging instruments, at fair value |
DerivativeFairValueOfDerivativeLiability
|
$114.22M | USD | Point-in-time |
| Derivative hedging instruments, at fair value |
DerivativeFairValueOfDerivativeLiability
|
$102.10M | USD | Point-in-time |
| Dividends and dividend equivalents rights ("DERs") payable |
DividendsPayableCurrentAndNoncurrent
|
$86.78M | USD | Point-in-time |
| Dividends and dividend equivalents rights ("DERs") payable |
DividendsPayableCurrentAndNoncurrent
|
$97.53M | USD | Point-in-time |
| Payable for unsettled purchases |
PayableForUnsettledPurchases
|
$99.77M | USD | Point-in-time |
| Payable for unsettled purchases |
PayableForUnsettledPurchases
|
$27.06M | USD | Point-in-time |
| Accrued expenses and other liabilities |
OtherLiabilities
|
$5.97M | USD | Point-in-time |
| Accrued expenses and other liabilities |
OtherLiabilities
|
$9.88M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$9.25B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$9.69B | USD | Point-in-time |
| Commitments and contingencies (Note 9) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 9) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Preferred stock, $.01 par value; series A 8.50% cumulative redeemable; 5,000 shares authorized; 3,840 shares issued and outstanding ($96,000 aggregate liquidation preference) |
PreferredStockValue
|
$38.00K | USD | Point-in-time |
| Preferred stock, $.01 par value; series A 8.50% cumulative redeemable; 5,000 shares authorized; 3,840 shares issued and outstanding ($96,000 aggregate liquidation preference) |
PreferredStockValue
|
$38.00K | USD | Point-in-time |
| Common stock, $.01 par value; 895,000 shares authorized; 356,266 and 356,112 issued and outstanding, respectively |
CommonStockValue
|
$3.56M | USD | Point-in-time |
| Common stock, $.01 par value; 895,000 shares authorized; 356,266 and 356,112 issued and outstanding, respectively |
CommonStockValue
|
$3.56M | USD | Point-in-time |
| Additional paid-in capital, in excess of par |
AdditionalPaidInCapital
|
$2.80B | USD | Point-in-time |
| Additional paid-in capital, in excess of par |
AdditionalPaidInCapital
|
$2.80B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-246.43M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-243.06M | USD | Point-in-time |
| Accumulated other comprehensive income/(loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$210.85M | USD | Point-in-time |
| Accumulated other comprehensive income/(loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-58.70M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$2.50B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$2.77B | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$11.75B | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$12.45B | USD | Point-in-time |
Income Statement
49 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Agency MBS |
InterestIncomeAgencySecuritiesMortgageBacked
|
$60.17M | USD | 1 Quarter |
| Agency MBS |
InterestIncomeAgencySecuritiesMortgageBacked
|
$53.30M | USD | 1 Quarter |
| Non-Agency MBS |
InterestIncomeNonAgencySecuritiesMortgageBacked
|
$22.89M | USD | 1 Quarter |
| Non-Agency MBS |
InterestIncomeNonAgencySecuritiesMortgageBacked
|
$25.79M | USD | 1 Quarter |
| Non-Agency MBS transferred to consolidated VIEs |
InterestIncomeNonAgencySecuritiesMortgageBackedTransferredToConsolidatedVariableInterestEntity
|
$44.41M | USD | 1 Quarter |
| Non-Agency MBS transferred to consolidated VIEs |
InterestIncomeNonAgencySecuritiesMortgageBackedTransferredToConsolidatedVariableInterestEntity
|
$26.75M | USD | 1 Quarter |
| Cash and cash equivalent investments |
InterestIncomeDepositsWithFinancialInstitutions
|
$19.00K | USD | 1 Quarter |
| Cash and cash equivalent investments |
InterestIncomeDepositsWithFinancialInstitutions
|
$54.00K | USD | 1 Quarter |
| Interest Income |
InterestAndDividendIncomeOperating
|
$109.88M | USD | 1 Quarter |
| Interest Income |
InterestAndDividendIncomeOperating
|
$123.52M | USD | 1 Quarter |
| Repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$36.07M | USD | 1 Quarter |
| Repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$33.05M | USD | 1 Quarter |
| Securitized debt |
InterestExpenseDebt
|
$4.06M | USD | 1 Quarter |
| Securitized debt |
InterestExpenseDebt
|
$1.60M | USD | 1 Quarter |
| Total Interest Expense |
InterestExpense
|
$40.13M | USD | 1 Quarter |
| Total Interest Expense |
InterestExpense
|
$34.65M | USD | 1 Quarter |
| Net Interest Income |
InterestIncomeExpenseNet
|
$83.40M | USD | 1 Quarter |
| Net Interest Income |
InterestIncomeExpenseNet
|
$75.22M | USD | 1 Quarter |
| Total other-than-temporary impairment losses |
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
|
$879.00K | USD | 1 Quarter |
| Portion of loss reclassed from other comprehensive income |
PortionOfLossRecognizedInOtherComprehensiveIncome
|
$-41.00K | USD | 1 Quarter |
| Net Impairment Losses Recognized in Earnings |
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
$920.00K | USD | 1 Quarter |
| Unrealized net gains and net interest income from Linked Transactions |
GainOnLinkedTransactions
|
$7.70M | USD | 1 Quarter |
| Unrealized net gains and net interest income from Linked Transactions |
GainOnLinkedTransactions
|
$14.85M | USD | 1 Quarter |
| Gain on sales of MBS |
GainLossOnSalesOfMortgageBackedSecuritiesMBS
|
$2.95M | USD | 1 Quarter |
| Revenue from operations of real estate held-for-sale |
RealEstateRevenueNet
|
$381.00K | USD | 1 Quarter |
| Other Income |
NoninterestIncome
|
$15.23M | USD | 1 Quarter |
| Other Income |
NoninterestIncome
|
$10.65M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$5.61M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$5.12M | USD | 1 Quarter |
| Other general and administrative expense |
OtherGeneralAndAdministrativeExpense
|
$2.80M | USD | 1 Quarter |
| Other general and administrative expense |
OtherGeneralAndAdministrativeExpense
|
$2.16M | USD | 1 Quarter |
| Real estate held-for-sale operating expense |
RealEstateOperatingExpenseAndMortgageInterest
|
$307.00K | USD | 1 Quarter |
| Operating and Other Expense |
CostsAndExpenses
|
$8.41M | USD | 1 Quarter |
| Operating and Other Expense |
CostsAndExpenses
|
$7.59M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$82.86M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$84.71M | USD | 1 Quarter |
| Less: Preferred Stock Dividends |
PreferredStockDividendsIncomeStatementImpact
|
$2.04M | USD | 1 Quarter |
| Less: Preferred Stock Dividends |
PreferredStockDividendsIncomeStatementImpact
|
$2.04M | USD | 1 Quarter |
| Net Income Available to Common Stock and Participating Securities |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$82.67M | USD | 1 Quarter |
| Net Income Available to Common Stock and Participating Securities |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$80.83M | USD | 1 Quarter |
| Earnings per Common Share - Basic and Diluted (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.27 | USD | 1 Quarter |
| Earnings per Common Share - Basic and Diluted (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.23 | USD | 1 Quarter |
| Dividends Declared per Share of Common Stock (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.24 | USD | Point-in-time |
| Dividends Declared per Share of Common Stock (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.27 | USD | Point-in-time |
| Dividends Declared per Share of Common Stock (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.23 | USD | 1 Quarter |
| Dividends Declared per Share of Common Stock (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.23 | USD | Point-in-time |
| Dividends Declared per Share of Common Stock (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.25 | USD | Point-in-time |
| Dividends Declared per Share of Common Stock (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.24 | USD | 1 Quarter |
| Dividends Declared per Share of Common Stock (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.25 | USD | Point-in-time |
Cash Flow Statement
75 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$82.86M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$84.71M | USD | 1 Quarter |
| Gain on sales of MBS |
GainOnSalesOfMortgageBackedSecurities
|
$2.95M | USD | 1 Quarter |
| Other-than-temporary impairment charges |
NetOtherThanTemporaryImpairmentLossesRecognizedInEarnings
|
$920.00K | USD | 1 Quarter |
| Accretion of purchase discounts on MBS |
AccretionOfPurchaseDiscounts
|
$10.19M | USD | 1 Quarter |
| Accretion of purchase discounts on MBS |
AccretionOfPurchaseDiscounts
|
$9.42M | USD | 1 Quarter |
| Amortization of purchase premiums on MBS |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-10.78M | USD | 1 Quarter |
| Amortization of purchase premiums on MBS |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-7.61M | USD | 1 Quarter |
| Decrease/(increase) in interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$5.72M | USD | 1 Quarter |
| Decrease/(increase) in interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-244.00K | USD | 1 Quarter |
| Depreciation and amortization on real estate and other assets |
DepreciationAndAmortization
|
$427.00K | USD | 1 Quarter |
| Depreciation and amortization on real estate and other assets |
DepreciationAndAmortization
|
$521.00K | USD | 1 Quarter |
| Unrealized gains and other on Linked Transactions |
UnrealizedGainAndOtherOnLinkedTransactions
|
$8.93M | USD | 1 Quarter |
| Unrealized gains and other on Linked Transactions |
UnrealizedGainAndOtherOnLinkedTransactions
|
$6.25M | USD | 1 Quarter |
| Increase/(decrease) in prepaid and other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$625.00K | USD | 1 Quarter |
| Increase/(decrease) in prepaid and other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-1.84M | USD | 1 Quarter |
| Decrease in accrued expenses and other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-4.57M | USD | 1 Quarter |
| Decrease in accrued expenses and other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-3.89M | USD | 1 Quarter |
| Increase in accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$2.40M | USD | 1 Quarter |
| Increase in accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$192.00K | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$1.10M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$932.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$79.93M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$62.08M | USD | 1 Quarter |
| Principal payments on MBS |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$558.52M | USD | 1 Quarter |
| Principal payments on MBS |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$521.80M | USD | 1 Quarter |
| Proceeds from sale of MBS |
ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
|
$71.10M | USD | 1 Quarter |
| Purchases of MBS |
PaymentsToAcquireAvailableForSaleSecurities
|
$2.60B | USD | 1 Quarter |
| Purchases of MBS |
PaymentsToAcquireAvailableForSaleSecurities
|
$737.95M | USD | 1 Quarter |
| Additions to leasehold improvements, furniture, fixtures and real estate investment |
PaymentsToAcquireProductiveAssets
|
$130.00K | USD | 1 Quarter |
| Additions to leasehold improvements, furniture, fixtures and real estate investment |
PaymentsToAcquireProductiveAssets
|
$511.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-2.07B | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-108.46M | USD | 1 Quarter |
| Principal payments on repurchase agreements |
PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchase
|
$12.25B | USD | 1 Quarter |
| Principal payments on repurchase agreements |
PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchase
|
$14.74B | USD | 1 Quarter |
| Proceeds from borrowings under repurchase agreements |
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
|
$13.86B | USD | 1 Quarter |
| Proceeds from borrowings under repurchase agreements |
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
|
$14.84B | USD | 1 Quarter |
| Proceeds from issuance of securitized debt |
ProceedsFromIssuanceOfSecuritizedDebt
|
$186.69M | USD | 1 Quarter |
| Proceeds from issuance of securitized debt |
ProceedsFromIssuanceOfSecuritizedDebt
|
$488.39M | USD | 1 Quarter |
| Principal payments on securitized debt |
PaymentsOnSecuritizedDebt
|
$45.95M | USD | 1 Quarter |
| Principal payments on securitized debt |
PaymentsOnSecuritizedDebt
|
$94.79M | USD | 1 Quarter |
| Payments made for resecuritization related costs |
PaymentsForResecuritizationRelatedCosts
|
$1.76M | USD | 1 Quarter |
| Payments made for resecuritization related costs |
PaymentsForResecuritizationRelatedCosts
|
$3.72M | USD | 1 Quarter |
| Cash disbursements on financial instruments underlying Linked Transactions |
PrincipalPaymentsOnLinkedTransactions
|
$299.17M | USD | 1 Quarter |
| Cash disbursements on financial instruments underlying Linked Transactions |
PrincipalPaymentsOnLinkedTransactions
|
$828.97M | USD | 1 Quarter |
| Cash received from financial instruments underlying Linked Transactions |
ProceedsFromLinkedTransactions
|
$218.27M | USD | 1 Quarter |
| Cash received from financial instruments underlying Linked Transactions |
ProceedsFromLinkedTransactions
|
$529.08M | USD | 1 Quarter |
| Payments made for margin calls on repurchase agreements and interest rate swaps ("Swaps") |
PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives
|
$1.59M | USD | 1 Quarter |
| Payments made for margin calls on repurchase agreements and interest rate swaps ("Swaps") |
PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives
|
$650.00K | USD | 1 Quarter |
| Proceeds from reverse margin calls on repurchase agreements and Swaps |
ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives
|
$4.09M | USD | 1 Quarter |
| Proceeds from reverse margin calls on repurchase agreements and Swaps |
ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives
|
$8.03M | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$451.00K | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$605.20M | USD | 1 Quarter |
| Dividends paid on preferred stock |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$2.04M | USD | 1 Quarter |
| Dividends paid on preferred stock |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$2.04M | USD | 1 Quarter |
| Dividends paid on common stock and DERs |
PaymentsOfDividendsCommonStock
|
$96.79M | USD | 1 Quarter |
| Dividends paid on common stock and DERs |
PaymentsOfDividendsCommonStock
|
$66.38M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$9.13M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$2.30B | USD | 1 Quarter |
| Net (increase)/decrease in cash and cash equivalents |
NetCashProvidedByUsedInContinuingOperations
|
$-19.40M | USD | 1 Quarter |
| Net (increase)/decrease in cash and cash equivalents |
NetCashProvidedByUsedInContinuingOperations
|
$284.18M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$374.62M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$394.02M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$345.24M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$629.42M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$374.62M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$394.02M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$345.24M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$629.42M | USD | Point-in-time |
| MBS recorded upon de-linking of Linked Transactions |
MortgageBackedSecuritiesRecordedUponDeLinking
|
$122.83M | USD | 1 Quarter |
| MBS recorded upon de-linking of Linked Transactions |
MortgageBackedSecuritiesRecordedUponDeLinking
|
$431.58M | USD | 1 Quarter |
| Repurchase agreements recorded upon de-linking of Linked Transactions |
RepurchaseAgreementRecordedUponDeLinking
|
$46.70M | USD | 1 Quarter |
| Securities obtained as collateral |
SecuritiesObtainedAsCollateral
|
$197.34M | USD | 1 Quarter |
| Dividends and DERs declared and unpaid |
DividendsPayableAmount
|
$86.78M | USD | Point-in-time |
| Dividends and DERs declared and unpaid |
DividendsPayableAmount
|
$84.69M | USD | Point-in-time |
Stockholders Equity
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Preferred stock, dividend rate (as a percent) |
PreferredStockDividendRatePercentage
|
0.09 | pure | 1 Quarter |
| Preferred stock, dividend rate (as a percent) |
PreferredStockDividendRatePercentage
|
0.09 | pure | Annual |
| Preferred Stock, Series A 8.50% Cumulative Redeemable - Liquidation Preference per Share |
PreferredStockLiquidationPreferenceParValuePerShare
|
$25.00 | USD | Point-in-time |
| Preferred Stock, Series A 8.50% Cumulative Redeemable - Liquidation Preference per Share |
PreferredStockLiquidationPreferenceParValuePerShare
|
$25.00 | USD | Point-in-time |
| Common Stock, Par Value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common Stock, Par Value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$2.50B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$2.77B | USD | Point-in-time |
| Issuance of common stock, net of expenses |
StockIssuedDuringPeriodValueNewIssuesNetOfExpenses
|
$451.00K | USD | 1 Quarter |
| Equity-based compensation expense |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$1.10M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$82.86M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$84.71M | USD | 1 Quarter |
| Dividends declared on common stock |
DividendsCommonStock
|
$85.67M | USD | 1 Quarter |
| Dividends declared on preferred stock |
DividendsPreferredStock
|
$2.04M | USD | 1 Quarter |
| Dividends declared on preferred stock |
DividendsPreferredStock
|
$2.04M | USD | 1 Quarter |
| Dividends attributable to DERs |
DividendsDividendEquivalentRights
|
$379.00K | USD | 1 Quarter |
| Change in unrealized gains on MBS, net |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$257.46M | USD | 1 Quarter |
| Change in unrealized losses on derivative hedging instruments |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$12.09M | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$2.50B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$2.77B | USD | Point-in-time |
Comprehensive Income
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$82.86M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$84.71M | USD | 1 Quarter |
| Unrealized loss on Agency MBS, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax
|
$-3.16M | USD | 1 Quarter |
| Unrealized loss on Agency MBS, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax
|
$-8.74M | USD | 1 Quarter |
| Unrealized gain on Non-Agency MBS, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnNonAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax
|
$18.11M | USD | 1 Quarter |
| Unrealized gain on Non-Agency MBS, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnNonAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax
|
$262.60M | USD | 1 Quarter |
| Reclassification adjustment for MBS sales included in net income |
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
|
$2.90M | USD | 1 Quarter |
| Reclassification adjustment for other-than-temporary impairments included in net income |
OtherComprehensiveIncomeReclassificationAdjustmentForWriteDownOfSecuritiesIncludedInNetIncomeNetOfTax
|
$-920.00K | USD | 1 Quarter |
| Unrealized gain on derivative hedging instruments, net |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$25.67M | USD | 1 Quarter |
| Unrealized gain on derivative hedging instruments, net |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$12.09M | USD | 1 Quarter |
| Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$269.55M | USD | 1 Quarter |
| Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$35.03M | USD | 1 Quarter |
| Comprehensive income before preferred stock dividends |
ComprehensiveIncomeNetOfTax
|
$354.27M | USD | 1 Quarter |
| Comprehensive income before preferred stock dividends |
ComprehensiveIncomeNetOfTax
|
$117.90M | USD | 1 Quarter |
| Dividends declared on preferred stock |
PreferredStockDividendsIncomeStatementImpact
|
$2.04M | USD | 1 Quarter |
| Dividends declared on preferred stock |
PreferredStockDividendsIncomeStatementImpact
|
$2.04M | USD | 1 Quarter |
| Comprehensive Income Available to Common Stock and Participating Securities |
ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities
|
$115.86M | USD | 1 Quarter |
| Comprehensive Income Available to Common Stock and Participating Securities |
ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities
|
$352.23M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.