10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001104659-13-035797 |
| Period End Date | 20130331 |
| Filing Date | 20130501 |
| Fiscal Year | 2013 |
| Fiscal Period | Q1 |
| XBRL Instance | mfa-20130331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
78 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Agency MBS, at fair value ($6,739,499 and $6,747,299 pledged as collateral, respectively) |
AvailableForSaleSecuritiesAgency
|
$7.15B | USD | Point-in-time |
| Agency MBS, at fair value ($6,739,499 and $6,747,299 pledged as collateral, respectively) |
AvailableForSaleSecuritiesAgency
|
$7.23B | USD | Point-in-time |
| Non-Agency MBS, at fair value ($1,851,879 and $1,602,953 pledged as collateral, respectively) |
AvailableForSaleSecuritiesNonAgency
|
$2.76B | USD | Point-in-time |
| Non-Agency MBS, at fair value ($1,851,879 and $1,602,953 pledged as collateral, respectively) |
AvailableForSaleSecuritiesNonAgency
|
$2.80B | USD | Point-in-time |
| Non-Agency MBS transferred to consolidated variable interest entities ("VIEs") |
NonAgencyMortgageBackedSecuritiesTransferredToConsolidatedVariableInterestEntity
|
$2.59B | USD | Point-in-time |
| Non-Agency MBS transferred to consolidated variable interest entities ("VIEs") |
NonAgencyMortgageBackedSecuritiesTransferredToConsolidatedVariableInterestEntity
|
$2.62B | USD | Point-in-time |
| Securities obtained and pledged as collateral, at fair value |
SecuritiesReceivedAsCollateral
|
$408.83M | USD | Point-in-time |
| Securities obtained and pledged as collateral, at fair value |
SecuritiesReceivedAsCollateral
|
$408.12M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$401.29M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$601.57M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$394.02M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$374.62M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$5.02M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$5.02M | USD | Point-in-time |
| Agency MBS, at fair value, pledged as collateral (in dollars) |
AvailableForSaleSecuritiesPledgedAsCollateralAgency
|
$6.75B | USD | Point-in-time |
| MBS linked transactions, net ("Linked Transactions"), at fair value |
MBSLinkedTransactionsNet
|
$12.70M | USD | Point-in-time |
| Agency MBS, at fair value, pledged as collateral (in dollars) |
AvailableForSaleSecuritiesPledgedAsCollateralAgency
|
$6.74B | USD | Point-in-time |
| MBS linked transactions, net ("Linked Transactions"), at fair value |
MBSLinkedTransactionsNet
|
$12.57M | USD | Point-in-time |
| Non-Agency MBS, at fair value, pledged as collateral (in dollars) |
AvailableForSaleSecuritiesPledgedAsCollateralNonAgency
|
$1.60B | USD | Point-in-time |
| Interest receivable |
InterestReceivable
|
$44.03M | USD | Point-in-time |
| Interest receivable |
InterestReceivable
|
$42.11M | USD | Point-in-time |
| Non-Agency MBS, at fair value, pledged as collateral (in dollars) |
AvailableForSaleSecuritiesPledgedAsCollateralNonAgency
|
$1.85B | USD | Point-in-time |
| Derivative hedging instruments, at fair value |
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
|
$203.00K | USD | Point-in-time |
| Derivative hedging instruments, at fair value |
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
|
$324.00K | 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
|
$33.67M | USD | Point-in-time |
| Prepaid and other assets |
PrepaidExpenseAndOtherAssets
|
$30.65M | USD | Point-in-time |
| Total Assets |
Assets
|
$13.65B | USD | Point-in-time |
| Total Assets |
Assets
|
$13.52B | USD | Point-in-time |
| Repurchase agreements |
SecuritiesSoldUnderAgreementsToRepurchase
|
$8.75B | USD | Point-in-time |
| Repurchase agreements |
SecuritiesSoldUnderAgreementsToRepurchase
|
$8.90B | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Securitized debt |
SecuritizedDebt
|
$542.01M | USD | Point-in-time |
| Securitized debt |
SecuritizedDebt
|
$646.82M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | 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 |
| Obligation to return securities obtained as collateral, at fair value |
ObligationToReturnSecuritiesReceivedAsCollateral
|
$508.19M | USD | Point-in-time |
| Obligation to return securities obtained as collateral, at fair value |
ObligationToReturnSecuritiesReceivedAsCollateral
|
$508.83M | USD | Point-in-time |
| 8% Senior Notes due 2042 ("Senior Notes") |
SeniorNotes
|
$100.00M | USD | Point-in-time |
| 8% Senior Notes due 2042 ("Senior Notes") |
SeniorNotes
|
$100.00M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
358.42M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
357.55M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
357.55M | shares | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$16.10M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$12.87M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
358.42M | shares | Point-in-time |
| Recourse to the general credit of the Company available to third-party beneficial interest holders in consolidated VIEs |
VariableInterestEntityRecourseToGeneralCredit
|
- | USD | Point-in-time |
| Derivative hedging instruments, at fair value |
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
$50.84M | USD | Point-in-time |
| Derivative hedging instruments, at fair value |
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
$63.03M | USD | Point-in-time |
| Recourse to the general credit of the Company available to third-party beneficial interest holders in consolidated VIEs |
VariableInterestEntityRecourseToGeneralCredit
|
- | 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
|
$72.22M | USD | Point-in-time |
| Dividends and dividend equivalents rights ("DERs") payable |
DividendsPayableCurrentAndNoncurrent
|
$259.61M | USD | Point-in-time |
| Payable for unsettled purchases |
AccountsPayableOtherCurrentAndNoncurrent
|
$33.48M | USD | Point-in-time |
| Excise tax and interest payable |
ExciseTaxAndInterestPayable
|
$7.50M | USD | Point-in-time |
| Excise tax and interest payable |
ExciseTaxAndInterestPayable
|
$5.00M | USD | Point-in-time |
| Accrued expenses and other liabilities |
OtherLiabilities
|
$5.86M | USD | Point-in-time |
| Accrued expenses and other liabilities |
OtherLiabilities
|
$6.09M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$10.39B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$10.21B | 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; 358,419 and 357,546 issued and outstanding, respectively |
CommonStockValue
|
$3.58M | USD | Point-in-time |
| Common stock, $.01 par value; 895,000 shares authorized; 358,419 and 357,546 issued and outstanding, respectively |
CommonStockValue
|
$3.58M | USD | Point-in-time |
| Additional paid-in capital, in excess of par |
AdditionalPaidInCapital
|
$2.81B | USD | Point-in-time |
| Additional paid-in capital, in excess of par |
AdditionalPaidInCapital
|
$2.81B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-444.32M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-260.31M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$892.37M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$761.98M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$3.27B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$3.31B | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$13.65B | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$13.52B | USD | Point-in-time |
Income Statement
52 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Dividends Declared per Share of Common Stock, special dividend (in dollars per share) |
CommonStockSpecialDividendsPerShareDeclared
|
$0.50 | USD | 1 Quarter |
| Agency MBS |
InterestIncomeAgencySecuritiesMortgageBacked
|
$53.30M | USD | 1 Quarter |
| Agency MBS |
InterestIncomeAgencySecuritiesMortgageBacked
|
$42.79M | USD | 1 Quarter |
| Non-Agency MBS |
InterestIncomeNonAgencySecuritiesMortgageBacked
|
$25.79M | USD | 1 Quarter |
| Non-Agency MBS |
InterestIncomeNonAgencySecuritiesMortgageBacked
|
$41.05M | USD | 1 Quarter |
| Non-Agency MBS transferred to consolidated VIEs |
InterestIncomeNonAgencySecuritiesMortgageBackedTransferredToConsolidatedVariableInterestEntity
|
$44.41M | USD | 1 Quarter |
| Non-Agency MBS transferred to consolidated VIEs |
InterestIncomeNonAgencySecuritiesMortgageBackedTransferredToConsolidatedVariableInterestEntity
|
$38.87M | USD | 1 Quarter |
| Cash and cash equivalent investments |
InterestIncomeDepositsWithFinancialInstitutions
|
$19.00K | USD | 1 Quarter |
| Cash and cash equivalent investments |
InterestIncomeDepositsWithFinancialInstitutions
|
$36.00K | USD | 1 Quarter |
| Interest Income |
InterestAndDividendIncomeOperating
|
$123.52M | USD | 1 Quarter |
| Interest Income |
InterestAndDividendIncomeOperating
|
$122.74M | USD | 1 Quarter |
| Repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$36.07M | USD | 1 Quarter |
| Repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$34.67M | USD | 1 Quarter |
| Securitized debt |
InterestExpenseDebt
|
$3.48M | USD | 1 Quarter |
| Securitized debt |
InterestExpenseDebt
|
$4.06M | USD | 1 Quarter |
| Senior Notes |
InterestExpenseSeniorNotes
|
$2.01M | USD | 1 Quarter |
| Total Interest Expense |
InterestExpense
|
$40.16M | USD | 1 Quarter |
| Total Interest Expense |
InterestExpense
|
$40.13M | USD | 1 Quarter |
| Net Interest Income |
InterestIncomeExpenseNet
|
$83.40M | USD | 1 Quarter |
| Net Interest Income |
InterestIncomeExpenseNet
|
$82.58M | USD | 1 Quarter |
| Total other-than-temporary impairment losses |
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
|
$879.00K | USD | 1 Quarter |
| Portion of loss reclassed from other comprehensive income |
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
$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
|
$1.54M | USD | 1 Quarter |
| Unrealized net gains and net interest income from Linked Transactions |
GainOnLinkedTransactions
|
$7.70M | USD | 1 Quarter |
| Gain on sales of MBS and U.S. Treasury securities, net |
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
|
$2.95M | USD | 1 Quarter |
| Gain on sales of MBS and U.S. Treasury securities, net |
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
|
$1.63M | USD | 1 Quarter |
| Other, net |
NoninterestIncomeOtherOperatingIncome
|
$55.00K | USD | 1 Quarter |
| Other Income, net |
NoninterestIncome
|
$3.22M | USD | 1 Quarter |
| Other Income, net |
NoninterestIncome
|
$10.65M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$5.61M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$5.27M | USD | 1 Quarter |
| Other general and administrative expense |
OtherGeneralAndAdministrativeExpense
|
$3.18M | USD | 1 Quarter |
| Other general and administrative expense |
OtherGeneralAndAdministrativeExpense
|
$2.80M | USD | 1 Quarter |
| Operating and Other Expense |
CostsAndExpenses
|
$8.41M | USD | 1 Quarter |
| Operating and Other Expense |
CostsAndExpenses
|
$8.45M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$84.71M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$77.35M | 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
|
$75.31M | USD | 1 Quarter |
| Earnings per Common Share - Basic and Diluted (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$0.21 | 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
|
$0.72 | USD | 1 Quarter |
| Dividends Declared per Share of Common Stock (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.22 | USD | Point-in-time |
| Dividends Declared per Share of Common Stock (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.50 | 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
|
$0.21 | 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
|
$0.23 | USD | Point-in-time |
| Dividends Declared per Share of Common Stock (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.20 | USD | Point-in-time |
Cash Flow Statement
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$84.71M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$77.35M | USD | 1 Quarter |
| Gain on sales of MBS and U.S. Treasury securities |
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
|
$2.95M | USD | 1 Quarter |
| Gain on sales of MBS and U.S. Treasury securities |
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
|
$1.63M | USD | 1 Quarter |
| Other-than-temporary impairment charges |
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
$920.00K | USD | 1 Quarter |
| Accretion of purchase discounts on MBS |
AccretionOfPurchaseDiscounts
|
$12.06M | USD | 1 Quarter |
| Accretion of purchase discounts on MBS |
AccretionOfPurchaseDiscounts
|
$9.42M | USD | 1 Quarter |
| Amortization of purchase premiums on MBS |
AmortizationOfPurchasePremiums
|
$14.79M | USD | 1 Quarter |
| Amortization of purchase premiums on MBS |
AmortizationOfPurchasePremiums
|
$10.78M | USD | 1 Quarter |
| Depreciation and amortization on fixed assets and other assets |
DepreciationAndAmortization
|
$427.00K | USD | 1 Quarter |
| Depreciation and amortization on fixed assets and other assets |
DepreciationAndAmortization
|
$1.10M | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$885.00K | USD | 1 Quarter |
| Equity-based compensation expense |
ShareBasedCompensation
|
$1.10M | USD | 1 Quarter |
| Unrealized gains and other on Linked Transactions |
UnrealizedGainAndOtherOnLinkedTransactions
|
$6.25M | USD | 1 Quarter |
| Unrealized gains and other on Linked Transactions |
UnrealizedGainAndOtherOnLinkedTransactions
|
$1.14M | USD | 1 Quarter |
| Decrease in interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-244.00K | USD | 1 Quarter |
| Decrease in interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-1.89M | USD | 1 Quarter |
| (Increase)/decrease in prepaid and other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$4.09M | USD | 1 Quarter |
| (Increase)/decrease in prepaid and other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-1.84M | USD | 1 Quarter |
| Decrease in accrued expenses and other liabilities, and excise tax and interest |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-2.70M | USD | 1 Quarter |
| Decrease in accrued expenses and other liabilities, and excise tax and interest |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-3.89M | USD | 1 Quarter |
| (Decrease)/increase in accrued interest payable on financial instruments |
IncreaseDecreaseInInterestPayableNet
|
$2.40M | USD | 1 Quarter |
| (Decrease)/increase in accrued interest payable on financial instruments |
IncreaseDecreaseInInterestPayableNet
|
$-3.24M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$79.93M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$71.17M | USD | 1 Quarter |
| Principal payments on MBS |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$711.90M | USD | 1 Quarter |
| Principal payments on MBS |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$558.52M | USD | 1 Quarter |
| Proceeds from sale of MBS and U.S. Treasury securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$71.10M | USD | 1 Quarter |
| Proceeds from sale of MBS and U.S. Treasury securities |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$206.20M | USD | 1 Quarter |
| Purchases of MBS |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$569.01M | USD | 1 Quarter |
| Purchases of MBS |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$737.95M | USD | 1 Quarter |
| Additions to leasehold improvements, furniture and fixtures |
PaymentsToAcquireProductiveAssets
|
$54.00K | USD | 1 Quarter |
| Additions to leasehold improvements, furniture and fixtures |
PaymentsToAcquireProductiveAssets
|
$130.00K | USD | 1 Quarter |
| Net cash provided by/(used in) investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-108.46M | USD | 1 Quarter |
| Net cash provided by/(used in) investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$349.04M | USD | 1 Quarter |
| Principal payments on repurchase agreements |
PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchase
|
$18.02B | USD | 1 Quarter |
| Principal payments on repurchase agreements |
PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchase
|
$14.74B | USD | 1 Quarter |
| Proceeds from borrowings under repurchase agreements |
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
|
$18.18B | 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 |
| Principal payments on securitized debt |
PaymentsOnSecuritizedDebt
|
$94.79M | USD | 1 Quarter |
| Principal payments on securitized debt |
PaymentsOnSecuritizedDebt
|
$104.80M | USD | 1 Quarter |
| Payments made on obligation to return securities obtained as collateral |
RepaymentsOfSecuritiesReceivedAsCollateral
|
$200.05M | USD | 1 Quarter |
| Payments made for resecuritization related costs |
PaymentsForResecuritizationRelatedCosts
|
$1.76M | 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
|
$57.98M | 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
|
$59.24M | USD | 1 Quarter |
| Payments made for margin calls on repurchase agreements and interest rate swaps ("Swaps") |
PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives
|
$1.59M | USD | 1 Quarter |
| Proceeds from reverse margin calls on repurchase agreements and Swaps |
ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives
|
$4.09M | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$451.00K | USD | 1 Quarter |
| Proceeds from issuances of common stock |
ProceedsFromIssuanceOfCommonStock
|
$7.28M | 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
|
$71.94M | USD | 1 Quarter |
| Net cash (used in)/provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-219.93M | USD | 1 Quarter |
| Net cash (used in)/provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$9.13M | USD | 1 Quarter |
| Net increase/(decrease) in cash and cash equivalents |
NetCashProvidedByUsedInContinuingOperations
|
$200.28M | USD | 1 Quarter |
| Net increase/(decrease) in cash and cash equivalents |
NetCashProvidedByUsedInContinuingOperations
|
$-19.40M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$401.29M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$601.57M | 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
|
$374.62M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$401.29M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$601.57M | 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
|
$374.62M | USD | Point-in-time |
| MBS recorded upon de-linking of Linked Transactions |
MortgageBackedSecuritiesRecordedUponDeLinking
|
$122.83M | USD | 1 Quarter |
| Net increase in securities obtained as collateral/obligation to return securities obtained as collateral |
SecuritiesObtainedAsCollateralNetOfReturns
|
$197.34M | USD | 1 Quarter |
| Net increase in securities obtained as collateral/obligation to return securities obtained as collateral |
SecuritiesObtainedAsCollateralNetOfReturns
|
$200.10M | USD | 1 Quarter |
| Dividends and DERs declared and unpaid |
DividendsPayableCurrentAndNoncurrent
|
$86.78M | USD | Point-in-time |
| Dividends and DERs declared and unpaid |
DividendsPayableCurrentAndNoncurrent
|
$72.22M | USD | Point-in-time |
| Dividends and DERs declared and unpaid |
DividendsPayableCurrentAndNoncurrent
|
$259.61M | USD | Point-in-time |
Stockholders Equity
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common Stock, Par Value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common Stock, Par Value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Value of shares surrendered for tax purposes related to equity-based compensation awards (in dollars) |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$90.00M | USD | 1 Quarter |
| Number of shares surrendered for tax purposes related to equity-based compensation awards |
SharesPaidForTaxWithholdingForShareBasedCompensation
|
9,607.00 | shares | 1 Quarter |
| Balance |
StockholdersEquity
|
$3.27B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$3.31B | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$84.71M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$77.35M | 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 |
| Change in unrealized gains on MBS, net |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$257.46M | USD | 1 Quarter |
| Change in unrealized gains on MBS, net |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$118.08M | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$3.27B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$3.31B | USD | Point-in-time |
Comprehensive Income
19 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$84.71M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$77.35M | USD | 1 Quarter |
| Unrealized loss on Agency MBS, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax
|
$-27.29M | USD | 1 Quarter |
| Unrealized loss on Agency MBS, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax
|
$-3.16M | USD | 1 Quarter |
| Unrealized gain on Non-Agency MBS, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnNonAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax
|
$146.73M | 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 |
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
|
$-2.90M | USD | 1 Quarter |
| Reclassification adjustment for MBS sales included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
|
$-1.36M | USD | 1 Quarter |
| Reclassification adjustment for other-than-temporary impairments included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentForWritedownOfSecuritiesIncludedInNetIncomeNetOfTax
|
$920.00K | USD | 1 Quarter |
| Unrealized gain on derivative hedging instruments, net |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$12.32M | USD | 1 Quarter |
| Unrealized gain on derivative hedging instruments, net |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$12.09M | USD | 1 Quarter |
| Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$130.40M | USD | 1 Quarter |
| Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$269.55M | USD | 1 Quarter |
| Comprehensive income before preferred stock dividends |
ComprehensiveIncomeNetOfTax
|
$207.75M | USD | 1 Quarter |
| Comprehensive income before preferred stock dividends |
ComprehensiveIncomeNetOfTax
|
$354.27M | 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
|
$205.71M | 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.