10-Q Filing

MFA FINANCIAL, INC. CIK: 1055160 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001104659-12-054501`
Period End Date	20120630
Filing Date	20120806
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	mfa-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 104 Cash Flow Statement 81 Stockholders Equity 24 Comprehensive Income 37

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Agency MBS, at fair value, pledged as collateral (in dollars)	`AvailableForSaleSecuritiesPledgedAsCollateralAgency`	$6.67B	USD	Point-in-time
Agency MBS, at fair value, pledged as collateral (in dollars)	`AvailableForSaleSecuritiesPledgedAsCollateralAgency`	$6.47B	USD	Point-in-time
Non-Agency MBS, at fair value, pledged as collateral (in dollars)	`AvailableForSaleSecuritiesPledgedAsCollateralNonAgency`	$1.32B	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
Preferred stock (as a percent)	`PreferredStockDividendRatePercentage`	0.09	pure	Annual
Preferred stock (as a percent)	`PreferredStockDividendRatePercentage`	0.09	pure	2 Qtrs
Agency MBS, at fair value ($6,470,099 and $6,666,963 pledged as collateral, respectively)	`AvailableForSaleSecuritiesAgency`	$7.01B	USD	Point-in-time
Agency MBS, at fair value ($6,470,099 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 issued	`PreferredStockSharesIssued`	3.84M	shares	Point-in-time
Non-Agency MBS, at fair value ($1,318,240 and $692,534 pledged as collateral, respectively)	`AvailableForSaleSecuritiesNonAgency`	$2.13B	USD	Point-in-time
Non-Agency MBS, at fair value ($1,318,240 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`	$2.55B	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	3.84M	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	3.84M	shares	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
Preferred stock, aggregate liquidation preference (in dollars)	`PreferredStockLiquidationPreferenceAmount`	$96.00M	USD	Point-in-time
Securities obtained and pledged as collateral, at fair value	`SecuritiesReceivedAsCollateral`	$512.91M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$345.24M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$503.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$593.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$394.02M	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
Restricted cash	`RestrictedCashAndCashEquivalents`	$9.01M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$15.50M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	356.11M	shares	Point-in-time
MBS linked transactions, net ("Linked Transactions"), at fair value	`MBSLinkedTransactionsNet`	$55.80M	USD	Point-in-time
MBS linked transactions, net ("Linked Transactions"), at fair value	`MBSLinkedTransactionsNet`	$14.29M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	356.87M	shares	Point-in-time
Interest receivable	`InterestReceivable`	$42.84M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$44.57M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	356.87M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	356.11M	shares	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`	$15.88M	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssets`	$19.77M	USD	Point-in-time
Total Assets	`Assets`	$11.75B	USD	Point-in-time
Total Assets	`Assets`	$12.89B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$7.81B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$8.37B	USD	Point-in-time
Securitized debt	`SecuritizedDebt`	$861.25M	USD	Point-in-time
Securitized debt	`SecuritizedDebt`	$875.52M	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`	$512.91M	USD	Point-in-time
8% Senior Notes due 2042 ("Senior Notes")	`SeniorNotes`	$100.00M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$13.40M	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`	$89.82M	USD	Point-in-time
Dividends and dividend equivalents rights ("DERs") payable	`DividendsPayableCurrentAndNoncurrent`	$83.26M	USD	Point-in-time
Dividends and dividend equivalents rights ("DERs") payable	`DividendsPayableCurrentAndNoncurrent`	$97.53M	USD	Point-in-time
Payable for unsettled purchases	`PayableForUnsettledPurchases`	$99.27M	USD	Point-in-time
Payable for unsettled purchases	`PayableForUnsettledPurchases`	$27.06M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilities`	$9.88M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherLiabilities`	$7.49M	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.14B	USD	Point-in-time
Total Liabilities	`Liabilities`	$9.25B	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`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; 356,866 and 356,112 issued and outstanding, respectively	`CommonStockValue`	$3.56M	USD	Point-in-time
Common stock, $.01 par value; 895,000 shares authorized; 356,866 and 356,112 issued and outstanding, respectively	`CommonStockValue`	$3.57M	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`	$-256.28M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-243.06M	USD	Point-in-time
Accumulated other comprehensive income/(loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$206.18M	USD	Point-in-time
Accumulated other comprehensive income/(loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-58.70M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$2.76B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$2.50B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$11.75B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$12.89B	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Agency MBS	`InterestIncomeAgencySecuritiesMortgageBacked`	$65.98M	USD	1 Quarter
Agency MBS	`InterestIncomeAgencySecuritiesMortgageBacked`	$126.16M	USD	2 Qtrs
Agency MBS	`InterestIncomeAgencySecuritiesMortgageBacked`	$102.85M	USD	2 Qtrs
Agency MBS	`InterestIncomeAgencySecuritiesMortgageBacked`	$49.55M	USD	1 Quarter
Non-Agency MBS	`InterestIncomeNonAgencySecuritiesMortgageBacked`	$32.67M	USD	1 Quarter
Non-Agency MBS	`InterestIncomeNonAgencySecuritiesMortgageBacked`	$28.82M	USD	1 Quarter
Non-Agency MBS	`InterestIncomeNonAgencySecuritiesMortgageBacked`	$51.72M	USD	2 Qtrs
Non-Agency MBS	`InterestIncomeNonAgencySecuritiesMortgageBacked`	$58.47M	USD	2 Qtrs
Non-Agency MBS transferred to consolidated VIEs	`InterestIncomeNonAgencySecuritiesMortgageBackedTransferredToConsolidatedVariableInterestEntity`	$87.69M	USD	2 Qtrs
Non-Agency MBS transferred to consolidated VIEs	`InterestIncomeNonAgencySecuritiesMortgageBackedTransferredToConsolidatedVariableInterestEntity`	$64.03M	USD	2 Qtrs
Non-Agency MBS transferred to consolidated VIEs	`InterestIncomeNonAgencySecuritiesMortgageBackedTransferredToConsolidatedVariableInterestEntity`	$37.27M	USD	1 Quarter
Non-Agency MBS transferred to consolidated VIEs	`InterestIncomeNonAgencySecuritiesMortgageBackedTransferredToConsolidatedVariableInterestEntity`	$43.28M	USD	1 Quarter
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$27.00K	USD	1 Quarter
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$46.00K	USD	2 Qtrs
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$81.00K	USD	2 Qtrs
Cash and cash equivalent investments	`InterestIncomeDepositsWithFinancialInstitutions`	$27.00K	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$249.05M	USD	2 Qtrs
Interest Income	`InterestAndDividendIncomeOperating`	$132.11M	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$125.53M	USD	1 Quarter
Interest Income	`InterestAndDividendIncomeOperating`	$241.99M	USD	2 Qtrs
Repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$34.53M	USD	1 Quarter
Repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$36.25M	USD	1 Quarter
Repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$72.32M	USD	2 Qtrs
Repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$67.59M	USD	2 Qtrs
Securitized debt	`InterestExpenseDebt`	$4.26M	USD	2 Qtrs
Securitized debt	`InterestExpenseDebt`	$4.65M	USD	1 Quarter
Securitized debt	`InterestExpenseDebt`	$2.66M	USD	1 Quarter
Securitized debt	`InterestExpenseDebt`	$8.71M	USD	2 Qtrs
Senior Notes	`InterestExpenseSeniorNotes`	$1.78M	USD	1 Quarter
Senior Notes	`InterestExpenseSeniorNotes`	$1.78M	USD	2 Qtrs
Interest Expense	`InterestExpense`	$71.85M	USD	2 Qtrs
Interest Expense	`InterestExpense`	$37.20M	USD	1 Quarter
Interest Expense	`InterestExpense`	$42.69M	USD	1 Quarter
Interest Expense	`InterestExpense`	$82.81M	USD	2 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$166.24M	USD	2 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$170.14M	USD	2 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$94.91M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$82.84M	USD	1 Quarter
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	$637.00K	USD	1 Quarter
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	$879.00K	USD	2 Qtrs
Total other-than-temporary impairment losses	`MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount`	$637.00K	USD	2 Qtrs
Portion of loss reclassified from other comprehensive income	`PortionOfLossRecognizedInOtherComprehensiveIncome`	$-280.00K	USD	1 Quarter
Portion of loss reclassified from other comprehensive income	`PortionOfLossRecognizedInOtherComprehensiveIncome`	$-1.75M	USD	2 Qtrs
Portion of loss reclassified from other comprehensive income	`PortionOfLossRecognizedInOtherComprehensiveIncome`	$-1.75M	USD	1 Quarter
Portion of loss reclassified from other comprehensive income	`PortionOfLossRecognizedInOtherComprehensiveIncome`	$-321.00K	USD	2 Qtrs
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$1.20M	USD	2 Qtrs
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$2.39M	USD	1 Quarter
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$280.00K	USD	1 Quarter
Net Impairment Losses Recognized in Earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$2.39M	USD	2 Qtrs
Unrealized net gains/(losses) and net interest income from Linked Transactions	`GainOnLinkedTransactions`	$9.24M	USD	2 Qtrs
Unrealized net gains/(losses) and net interest income from Linked Transactions	`GainOnLinkedTransactions`	$568.00K	USD	1 Quarter
Unrealized net gains/(losses) and net interest income from Linked Transactions	`GainOnLinkedTransactions`	$8.27M	USD	2 Qtrs
Unrealized net gains/(losses) and net interest income from Linked Transactions	`GainOnLinkedTransactions`	$-5.61M	USD	1 Quarter
Gains on sales of MBS	`GainLossOnSalesOfMortgageBackedSecuritiesMBS`	$2.95M	USD	2 Qtrs
Revenue from operations of real estate held-for-sale	`RealEstateRevenueNet`	$375.00K	USD	1 Quarter
Revenue from operations of real estate held-for-sale	`RealEstateRevenueNet`	$756.00K	USD	2 Qtrs
Other, net	`NoninterestIncomeOtherOperatingIncome`	$1.00K	USD	1 Quarter
Other, net	`NoninterestIncomeOtherOperatingIncome`	$12.00K	USD	2 Qtrs
Other, net	`NoninterestIncomeOtherOperatingIncome`	$12.00K	USD	1 Quarter
Other, net	`NoninterestIncomeOtherOperatingIncome`	$1.00K	USD	2 Qtrs
Other Income/(Loss), net	`NoninterestIncome`	$-5.23M	USD	1 Quarter
Other Income/(Loss), net	`NoninterestIncome`	$10.01M	USD	2 Qtrs
Other Income/(Loss), net	`NoninterestIncome`	$569.00K	USD	1 Quarter
Other Income/(Loss), net	`NoninterestIncome`	$11.22M	USD	2 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$5.16M	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$10.11M	USD	2 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$10.77M	USD	2 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$4.99M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$3.21M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$2.79M	USD	1 Quarter
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$6.01M	USD	2 Qtrs
Other general and administrative expense	`OtherGeneralAndAdministrativeExpense`	$4.95M	USD	2 Qtrs
Real estate held-for-sale operating expense	`RealEstateOperatingExpenseAndMortgageInterest`	$230.00K	USD	1 Quarter
Real estate held-for-sale operating expense	`RealEstateOperatingExpenseAndMortgageInterest`	$537.00K	USD	2 Qtrs
Operating and Other Expense	`CostsAndExpenses`	$8.37M	USD	1 Quarter
Operating and Other Expense	`CostsAndExpenses`	$16.78M	USD	2 Qtrs
Operating and Other Expense	`CostsAndExpenses`	$15.60M	USD	2 Qtrs
Operating and Other Expense	`CostsAndExpenses`	$8.01M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$162.15M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$159.48M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$74.77M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$79.29M	USD	1 Quarter
Less: Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$2.04M	USD	1 Quarter
Less: Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$2.04M	USD	1 Quarter
Less: Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.08M	USD	2 Qtrs
Less: Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.08M	USD	2 Qtrs
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$155.40M	USD	2 Qtrs
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$158.07M	USD	2 Qtrs
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$72.73M	USD	1 Quarter
Net Income Available to Common Stock and Participating Securities	`NetIncomeLossAvailableToCommonStockholdersBasic`	$77.25M	USD	1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.20	USD	1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.48	USD	2 Qtrs
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.43	USD	2 Qtrs
Earnings per Common Share - Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.22	USD	1 Quarter
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	Point-in-time
Dividends Declared per share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.47	USD	2 Qtrs
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`	$0.23	USD	Point-in-time
Dividends Declared per share of Common Stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.25	USD	1 Quarter
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`	$0.25	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`	$0.49	USD	2 Qtrs

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$162.15M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$159.48M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$74.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.29M	USD	1 Quarter
Gain on sales of MBS	`GainOnSalesOfMortgageBackedSecurities`	$2.95M	USD	2 Qtrs
Other-than-temporary impairment charges	`NetOtherThanTemporaryImpairmentLossesRecognizedInEarnings`	$1.20M	USD	2 Qtrs
Other-than-temporary impairment charges	`NetOtherThanTemporaryImpairmentLossesRecognizedInEarnings`	$2.39M	USD	2 Qtrs
Accretion of purchase discounts on MBS	`AccretionOfPurchaseDiscounts`	$22.37M	USD	2 Qtrs
Accretion of purchase discounts on MBS	`AccretionOfPurchaseDiscounts`	$19.32M	USD	2 Qtrs
Amortization of purchase premiums on MBS	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-16.04M	USD	2 Qtrs
Amortization of purchase premiums on MBS	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-23.30M	USD	2 Qtrs
Increase in interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$939.00K	USD	2 Qtrs
Increase in interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$8.43M	USD	2 Qtrs
Depreciation and amortization on real estate and other assets	`DepreciationAndAmortization`	$901.00K	USD	2 Qtrs
Depreciation and amortization on real estate and other assets	`DepreciationAndAmortization`	$1.32M	USD	2 Qtrs
Unrealized (gains)/losses and other on Linked Transactions	`UnrealizedGainAndOtherOnLinkedTransactions`	$6.14M	USD	2 Qtrs
Unrealized (gains)/losses and other on Linked Transactions	`UnrealizedGainAndOtherOnLinkedTransactions`	$-1.84M	USD	2 Qtrs
Decrease/(increase) in prepaid and other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.95M	USD	2 Qtrs
Decrease/(increase) in prepaid and other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-251.00K	USD	2 Qtrs
(Decrease)/increase in accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$6.42M	USD	2 Qtrs
(Decrease)/increase in accrued expenses and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-2.33M	USD	2 Qtrs
Increase/(decrease) in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-392.00K	USD	2 Qtrs
Increase/(decrease) in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$4.29M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$1.96M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$2.58M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$160.73M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$157.55M	USD	2 Qtrs
Principal payments on MBS	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.22B	USD	2 Qtrs
Principal payments on MBS	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.06B	USD	2 Qtrs
Proceeds from sale of MBS	`ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale`	$71.10M	USD	2 Qtrs
Purchases of MBS	`PaymentsToAcquireAvailableForSaleSecurities`	$1.60B	USD	2 Qtrs
Purchases of MBS	`PaymentsToAcquireAvailableForSaleSecurities`	$3.64B	USD	2 Qtrs
Additions to leasehold improvements, furniture, fixtures and real estate investment	`PaymentsToAcquireProductiveAssets`	$301.00K	USD	2 Qtrs
Additions to leasehold improvements, furniture, fixtures and real estate investment	`PaymentsToAcquireProductiveAssets`	$1.03M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-309.74M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.58B	USD	2 Qtrs
Principal payments on repurchase agreements	`PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchase`	$27.83B	USD	2 Qtrs
Principal payments on repurchase agreements	`PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchase`	$31.19B	USD	2 Qtrs
Proceeds from borrowings under repurchase agreements	`ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase`	$31.75B	USD	2 Qtrs
Proceeds from borrowings under repurchase agreements	`ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase`	$29.67B	USD	2 Qtrs
Proceeds from issuance of securitized debt	`ProceedsFromIssuanceOfSecuritizedDebt`	$186.69M	USD	2 Qtrs
Proceeds from issuance of securitized debt	`ProceedsFromIssuanceOfSecuritizedDebt`	$963.25M	USD	2 Qtrs
Principal payments on securitized debt	`PaymentsOnSecuritizedDebt`	$122.15M	USD	2 Qtrs
Principal payments on securitized debt	`PaymentsOnSecuritizedDebt`	$200.96M	USD	2 Qtrs
Payments made for resecuritization related costs	`PaymentsForResecuritizationRelatedCosts`	$6.98M	USD	2 Qtrs
Payments made for resecuritization related costs	`PaymentsForResecuritizationRelatedCosts`	$1.81M	USD	2 Qtrs
Proceeds from issuance of Senior Notes	`ProceedsFromIssuanceOfLongTermDebt`	$100.00M	USD	2 Qtrs
Payments made for Senior Notes related costs	`PaymentsOfDebtIssuanceCosts`	$3.42M	USD	2 Qtrs
Cash disbursements on financial instruments underlying Linked Transactions	`PrincipalPaymentsOnLinkedTransactions`	$1.60B	USD	2 Qtrs
Cash disbursements on financial instruments underlying Linked Transactions	`PrincipalPaymentsOnLinkedTransactions`	$439.24M	USD	2 Qtrs
Cash received from financial instruments underlying Linked Transactions	`ProceedsFromLinkedTransactions`	$328.51M	USD	2 Qtrs
Cash received from financial instruments underlying Linked Transactions	`ProceedsFromLinkedTransactions`	$1.04B	USD	2 Qtrs
Payments made for margin calls on repurchase agreements and interest rate swap agreements ("Swaps")	`PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives`	$2.39M	USD	2 Qtrs
Payments made for margin calls on repurchase agreements and interest rate swap agreements ("Swaps")	`PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives`	$5.80M	USD	2 Qtrs
Proceeds from reverse margin calls on repurchase agreements and Swaps	`ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives`	$25.41M	USD	2 Qtrs
Proceeds from reverse margin calls on repurchase agreements and Swaps	`ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives`	$8.89M	USD	2 Qtrs
Payment made to purchase interest rate swaption ("Swaption")	`PaymentsForProceedsFromHedgeFinancingActivities`	$915.00K	USD	2 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.79M	USD	2 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$605.39M	USD	2 Qtrs
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$4.08M	USD	2 Qtrs
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$4.08M	USD	2 Qtrs
Dividends paid on common stock and DERs	`PaymentsOfDividendsCommonStock`	$182.88M	USD	2 Qtrs
Dividends paid on common stock and DERs	`PaymentsOfDividendsCommonStock`	$150.36M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.58B	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$348.36M	USD	2 Qtrs
Net increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$157.99M	USD	2 Qtrs
Net increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$199.35M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$345.24M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$503.23M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$593.38M	USD	Point-in-time
Cash and cash equivalents at beginning 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`	$503.23M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$593.38M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$394.02M	USD	Point-in-time
MBS recorded upon de-linking of Linked Transactions	`MortgageBackedSecuritiesRecordedUponDeLinking`	$716.00M	USD	2 Qtrs
MBS recorded upon de-linking of Linked Transactions	`MortgageBackedSecuritiesRecordedUponDeLinking`	$158.38M	USD	2 Qtrs
Repurchase agreements recorded upon de-linking of Linked Transactions	`RepurchaseAgreementRecordedUponDeLinking`	$46.70M	USD	2 Qtrs
Securities obtained as collateral	`SecuritiesObtainedAsCollateral`	$206.51M	USD	2 Qtrs
Dividends and DERs declared and unpaid	`DividendsPayableAmount`	$90.08M	USD	Point-in-time
Dividends and DERs declared and unpaid	`DividendsPayableAmount`	$83.26M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Preferred stock (as a percent)	`PreferredStockDividendRatePercentage`	0.09	pure	Annual
Preferred stock (as a percent)	`PreferredStockDividendRatePercentage`	0.09	pure	2 Qtrs
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`	$2.76B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.50B	USD	Point-in-time
Issuance of common stock, net of expenses	`StockIssuedDuringPeriodValueNewIssuesNetOfExpenses`	$3.79M	USD	2 Qtrs
Equity-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.58M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$162.15M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$159.48M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$74.77M	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.29M	USD	1 Quarter
Dividends declared on common stock	`DividendsCommonStock`	$167.88M	USD	2 Qtrs
Dividends declared on preferred stock	`DividendsPreferredStock`	$2.04M	USD	1 Quarter
Dividends declared on preferred stock	`DividendsPreferredStock`	$4.08M	USD	2 Qtrs
Dividends declared on preferred stock	`DividendsPreferredStock`	$4.08M	USD	2 Qtrs
Dividends declared on preferred stock	`DividendsPreferredStock`	$2.04M	USD	1 Quarter
Dividends attributable to DERs	`DividendsDividendEquivalentRights`	$738.00K	USD	2 Qtrs
Change in unrealized gains on MBS, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$240.52M	USD	2 Qtrs
Change in unrealized losses on derivative hedging instruments	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$24.37M	USD	2 Qtrs
Balance	`StockholdersEquity`	$2.76B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.50B	USD	Point-in-time

Comprehensive Income 37 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$162.15M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$159.48M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$74.77M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$79.29M	USD	1 Quarter
Unrealized (loss)/gain on Agency MBS, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax`	$-11.17M	USD	1 Quarter
Unrealized (loss)/gain on Agency MBS, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax`	$-14.33M	USD	2 Qtrs
Unrealized (loss)/gain on Agency MBS, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax`	$46.46M	USD	1 Quarter
Unrealized (loss)/gain on Agency MBS, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax`	$37.71M	USD	2 Qtrs
Unrealized (loss)/gain on Non-Agency MBS, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnNonAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax`	$-6.06M	USD	1 Quarter
Unrealized (loss)/gain on Non-Agency MBS, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnNonAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax`	$-159.66M	USD	1 Quarter
Unrealized (loss)/gain on Non-Agency MBS, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnNonAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax`	$256.55M	USD	2 Qtrs
Unrealized (loss)/gain on Non-Agency MBS, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnNonAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax`	$-141.55M	USD	2 Qtrs
Reclassification adjustment for MBS sales included in net income	`OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax`	$2.90M	USD	2 Qtrs
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherComprehensiveIncomeReclassificationAdjustmentForWriteDownOfSecuritiesIncludedInNetIncomeNetOfTax`	$-1.20M	USD	2 Qtrs
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherComprehensiveIncomeReclassificationAdjustmentForWriteDownOfSecuritiesIncludedInNetIncomeNetOfTax`	$-2.39M	USD	2 Qtrs
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherComprehensiveIncomeReclassificationAdjustmentForWriteDownOfSecuritiesIncludedInNetIncomeNetOfTax`	$-280.00K	USD	1 Quarter
Reclassification adjustment for other-than-temporary impairments included in net income	`OtherComprehensiveIncomeReclassificationAdjustmentForWriteDownOfSecuritiesIncludedInNetIncomeNetOfTax`	$-2.39M	USD	1 Quarter
Unrealized gain/(loss) on derivative hedging instruments, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$14.74M	USD	2 Qtrs
Unrealized gain/(loss) on derivative hedging instruments, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$12.28M	USD	1 Quarter
Unrealized gain/(loss) on derivative hedging instruments, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-10.93M	USD	1 Quarter
Unrealized gain/(loss) on derivative hedging instruments, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$24.37M	USD	2 Qtrs
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$264.89M	USD	2 Qtrs
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.67M	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-121.74M	USD	1 Quarter
Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-86.71M	USD	2 Qtrs
Comprehensive income/(loss) before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$-42.46M	USD	1 Quarter
Comprehensive income/(loss) before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$424.37M	USD	2 Qtrs
Comprehensive income/(loss) before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$70.10M	USD	1 Quarter
Comprehensive income/(loss) before preferred stock dividends	`ComprehensiveIncomeNetOfTax`	$75.44M	USD	2 Qtrs
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$2.04M	USD	1 Quarter
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$2.04M	USD	1 Quarter
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$4.08M	USD	2 Qtrs
Dividends declared on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$4.08M	USD	2 Qtrs
Comprehensive Income/(Loss) Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$68.06M	USD	1 Quarter
Comprehensive Income/(Loss) Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$71.36M	USD	2 Qtrs
Comprehensive Income/(Loss) Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$-44.50M	USD	1 Quarter
Comprehensive Income/(Loss) Available to Common Stock and Participating Securities	`ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities`	$420.29M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.