10-Q Filing

ARMOUR RESIDENTIAL REIT, INC. CIK: 1428205 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001428205-19-000214`
Period End Date	20190630
Filing Date	20190724
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	arrq2201910q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 102 Cash Flow Statement 80 Stockholders Equity 46 Comprehensive Income 28

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Agency Securities (including pledged securities of $13,413,839 at June 30, 2019 and $6,743,689 at December 31, 2018)	`PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment`	$13.41B	USD	Point-in-time
Agency Securities (including pledged securities of $13,413,839 at June 30, 2019 and $6,743,689 at December 31, 2018)	`PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment`	$6.74B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$221.67M	USD	Point-in-time
Cash	`Cash`	$211.66M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash collateral posted to counterparties	`CashCollateralForBorrowedSecurities`	$137.17M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash collateral posted to counterparties	`CashCollateralForBorrowedSecurities`	$10.53M	USD	Point-in-time
Agency Securities (including pledged securities of $13,413,839 at June 30, 2019 and $6,743,689 at December 31, 2018)	`AvailableForSaleSecuritiesDebtSecurities`	$13.62B	USD	Point-in-time
Agency Securities (including pledged securities of $13,413,839 at June 30, 2019 and $6,743,689 at December 31, 2018)	`AvailableForSaleSecuritiesDebtSecurities`	$7.05B	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$12.74M	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$111.91M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$42.24M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$22.50M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid and other	`PrepaidExpenseAndOtherAssets`	$2.80M	USD	Point-in-time
Prepaid and other	`PrepaidExpenseAndOtherAssets`	$1.85M	USD	Point-in-time
Subordinated loan to BUCKLER	`DueFromRelatedParties`	$105.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	125.00M	shares	Point-in-time
Subordinated loan to BUCKLER	`DueFromRelatedParties`	$105.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	125.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	59.19M	shares	Point-in-time
Total Assets	`Assets`	$8.46B	USD	Point-in-time
Total Assets	`Assets`	$14.92B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	43.70M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	43.70M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	59.19M	shares	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$7.04B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$13.30B	USD	Point-in-time
Cash collateral posted by counterparties	`CashCollateralHeldForCounterparties`	$18.70M	USD	Point-in-time
Cash collateral posted by counterparties	`CashCollateralHeldForCounterparties`	$97.21M	USD	Point-in-time
Payable for unsettled purchases	`PayablesToBrokerDealersAndClearingOrganizations`	$166.05M	USD	Point-in-time
Payable for unsettled purchases	`PayablesToBrokerDealersAndClearingOrganizations`	-	USD	Point-in-time
Derivatives, at fair value	`DerivativeLiabilities`	$24.50M	USD	Point-in-time
Derivatives, at fair value	`DerivativeLiabilities`	$128.16M	USD	Point-in-time
Accrued interest payable- repurchase agreements	`InterestPayableSecuritiesSoldunderAgreementstoRepurchase`	$43.35M	USD	Point-in-time
Accrued interest payable- repurchase agreements	`InterestPayableSecuritiesSoldunderAgreementstoRepurchase`	$10.27M	USD	Point-in-time
8.250% Series A Cumulative Preferred Stock - Called for redemption	`PreferredStockRedemptionAmount`	-	USD	Point-in-time
8.250% Series A Cumulative Preferred Stock - Called for redemption	`PreferredStockRedemptionAmount`	$54.51M	USD	Point-in-time
Accounts payable and other accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$3.61M	USD	Point-in-time
Accounts payable and other accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$6.06M	USD	Point-in-time
Total Liabilities	`Liabilities`	$13.55B	USD	Point-in-time
Total Liabilities	`Liabilities`	$7.34B	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value, 125,000 shares authorized, 59,192 and 43,702 shares issued and outstanding at June 30, 2019 and December 31, 2018	`CommonStockValue`	$44.00K	USD	Point-in-time
Common stock, $0.001 par value, 125,000 shares authorized, 59,192 and 43,702 shares issued and outstanding at June 30, 2019 and December 31, 2018	`CommonStockValue`	$59.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.75B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.01B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.95B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.58B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$316.35M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.87M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.13B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.49B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.21B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.24B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.38B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$8.46B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$14.92B	USD	Point-in-time

Income Statement 102 line items

Line Item	Tag	Value	Unit	Period
Agency Securities, net of amortization of premium and fees	`InterestIncomeDebtSecuritiesAvailableForSaleOperating`	$113.44M	USD	1 Quarter
Agency Securities, net of amortization of premium and fees	`InterestIncomeDebtSecuritiesAvailableForSaleOperating`	$100.06M	USD	2 Qtrs
Agency Securities, net of amortization of premium and fees	`InterestIncomeDebtSecuritiesAvailableForSaleOperating`	$47.81M	USD	1 Quarter
Agency Securities, net of amortization of premium and fees	`InterestIncomeDebtSecuritiesAvailableForSaleOperating`	$193.27M	USD	2 Qtrs
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$128.36M	USD	1 Quarter
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$133.96M	USD	2 Qtrs
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$65.79M	USD	1 Quarter
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$223.15M	USD	2 Qtrs
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$67.72M	USD	2 Qtrs
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$35.71M	USD	1 Quarter
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$148.48M	USD	2 Qtrs
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$87.50M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$30.09M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$74.67M	USD	2 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$66.24M	USD	2 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$40.86M	USD	1 Quarter
Realized loss on sale of Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-2.95M	USD	2 Qtrs
Realized loss on sale of Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-57.92M	USD	2 Qtrs
Realized loss on sale of Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-44.00K	USD	1 Quarter
Realized loss on sale of Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-25.32M	USD	1 Quarter
Other than temporary impairment of Agency Securities (reclassified from Other comprehensive income (loss))	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	$12.09M	USD	2 Qtrs
Other than temporary impairment of Agency Securities (reclassified from Other comprehensive income (loss))	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	2 Qtrs
Other than temporary impairment of Agency Securities (reclassified from Other comprehensive income (loss))	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	1 Quarter
Other than temporary impairment of Agency Securities (reclassified from Other comprehensive income (loss))	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	1 Quarter
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$-13.80M	USD	1 Quarter
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$-17.27M	USD	2 Qtrs
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$-37.88M	USD	1 Quarter
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$-78.42M	USD	2 Qtrs
Realized loss on derivatives	`GainLossOnSaleOfDerivatives`	$-52.95M	USD	2 Qtrs
Realized loss on derivatives	`GainLossOnSaleOfDerivatives`	$-115.12M	USD	2 Qtrs
Realized loss on derivatives	`GainLossOnSaleOfDerivatives`	$-92.99M	USD	1 Quarter
Realized loss on derivatives	`GainLossOnSaleOfDerivatives`	$-14.34M	USD	1 Quarter
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$45.05M	USD	1 Quarter
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$142.25M	USD	2 Qtrs
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$-107.30M	USD	1 Quarter
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$-220.37M	USD	2 Qtrs
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$89.31M	USD	2 Qtrs
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$-335.49M	USD	2 Qtrs
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$-200.29M	USD	1 Quarter
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$30.71M	USD	1 Quarter
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$-214.09M	USD	1 Quarter
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$-7.17M	USD	1 Quarter
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$-352.77M	USD	2 Qtrs
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$10.89M	USD	2 Qtrs
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$6.80M	USD	1 Quarter
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$14.74M	USD	2 Qtrs
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$13.60M	USD	2 Qtrs
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$7.49M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$2.51M	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$912.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$1.95M	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$1.34M	USD	1 Quarter
Insurance	`GeneralInsuranceExpense`	$348.00K	USD	2 Qtrs
Insurance	`GeneralInsuranceExpense`	$165.00K	USD	1 Quarter
Insurance	`GeneralInsuranceExpense`	$330.00K	USD	2 Qtrs
Insurance	`GeneralInsuranceExpense`	$183.00K	USD	1 Quarter
Compensation	`LaborAndRelatedExpense`	$1.78M	USD	2 Qtrs
Compensation	`LaborAndRelatedExpense`	$1.97M	USD	2 Qtrs
Compensation	`LaborAndRelatedExpense`	$995.00K	USD	1 Quarter
Compensation	`LaborAndRelatedExpense`	$995.00K	USD	1 Quarter
Other	`OtherOperatingIncomeExpenseNet`	$-713.00K	USD	2 Qtrs
Other	`OtherOperatingIncomeExpenseNet`	$-49.00K	USD	1 Quarter
Other	`OtherOperatingIncomeExpenseNet`	$-437.00K	USD	1 Quarter
Other	`OtherOperatingIncomeExpenseNet`	$-399.00K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$19.53M	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$18.82M	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$10.01M	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$9.35M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$44.75M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$13.56M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-114.38M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-297.63M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-183.25M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$58.31M	USD	2 Qtrs
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$8.51M	USD	2 Qtrs
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$8.53M	USD	2 Qtrs
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$4.26M	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$4.27M	USD	1 Quarter
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-187.52M	USD	1 Quarter
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-306.16M	USD	2 Qtrs
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$9.30M	USD	1 Quarter
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$49.80M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-3.14	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.19	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-5.40	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-3.14	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.18	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-5.40	USD	2 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.14	USD	2 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.57	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.57	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.14	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.90M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.91M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.65M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	56.66M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.66M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.32M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.33M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.65M	shares	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$44.75M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$13.56M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-114.38M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-297.63M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-183.25M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$58.31M	USD	2 Qtrs
Net amortization of premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-18.55M	USD	2 Qtrs
Net amortization of premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-17.47M	USD	2 Qtrs
Accretion of net discount on Credit Risk and Non-Agency Securities	`AccretionofDiscountsTradingSecurities`	$1.60M	USD	2 Qtrs
Accretion of net discount on Credit Risk and Non-Agency Securities	`AccretionofDiscountsTradingSecurities`	$1.50M	USD	2 Qtrs
Realized loss on sale of Agency Securities	`DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment`	$-44.00K	USD	1 Quarter
Realized loss on sale of Agency Securities	`DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment`	$-2.95M	USD	2 Qtrs
Realized loss on sale of Agency Securities	`DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment`	$-57.92M	USD	2 Qtrs
Other than temporary impairment of Agency Securities	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	$12.09M	USD	2 Qtrs
Other than temporary impairment of Agency Securities	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	2 Qtrs
Other than temporary impairment of Agency Securities	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	1 Quarter
Other than temporary impairment of Agency Securities	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$1.30M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$1.29M	USD	2 Qtrs
(Increase) decrease in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-3.39M	USD	2 Qtrs
(Increase) decrease in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$20.02M	USD	2 Qtrs
Increase in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.21M	USD	2 Qtrs
Increase in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$337.00K	USD	2 Qtrs
Change in derivatives, at fair value	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$-202.83M	USD	2 Qtrs
Change in derivatives, at fair value	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$144.42M	USD	2 Qtrs
Increase (decrease) in accrued interest payable- repurchase agreements	`IncreaseDecreaseInPayablesUnderRepurchaseAgreements`	$-415.00K	USD	2 Qtrs
Increase (decrease) in accrued interest payable- repurchase agreements	`IncreaseDecreaseInPayablesUnderRepurchaseAgreements`	$33.08M	USD	2 Qtrs
Increase in accounts payable and other accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.85M	USD	2 Qtrs
Increase in accounts payable and other accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.45M	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$17.28M	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-43.55M	USD	2 Qtrs
Purchases of Agency Securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.23B	USD	2 Qtrs
Purchases of Agency Securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$7.97B	USD	2 Qtrs
Principal repayments of Agency Securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$330.50M	USD	2 Qtrs
Principal repayments of Agency Securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$459.78M	USD	2 Qtrs
Principal repayments of Credit Risk and Non-Agency Securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$15.65M	USD	2 Qtrs
Principal repayments of Credit Risk and Non-Agency Securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$17.73M	USD	2 Qtrs
Proceeds from sales of Agency Securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.11B	USD	2 Qtrs
Proceeds from sales of Agency Securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.16B	USD	2 Qtrs
(Decrease) increase in cash collateral posted by counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	$-78.51M	USD	2 Qtrs
(Decrease) increase in cash collateral posted by counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	$132.34M	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.40B	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.34B	USD	2 Qtrs
Issuance of common stock, net of expenses	`ProceedsFromIssuanceOfCommonStock`	$321.89M	USD	2 Qtrs
Issuance of common stock, net of expenses	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from repurchase agreements	`ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase`	$96.70B	USD	2 Qtrs
Proceeds from repurchase agreements	`ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase`	$89.02B	USD	2 Qtrs
Principal repayments on repurchase agreements	`PaymentsForSecuritiesSoldUnderAgreementsToRepurchase`	$90.45B	USD	2 Qtrs
Principal repayments on repurchase agreements	`PaymentsForSecuritiesSoldUnderAgreementsToRepurchase`	$90.32B	USD	2 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$11.42M	USD	Point-in-time
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$64.01M	USD	2 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$48.27M	USD	2 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$11.42M	USD	Point-in-time
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$11.35M	USD	Point-in-time
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$11.34M	USD	2 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.50B	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.36B	USD	2 Qtrs
Net Increase in cash and cash collateral posted to counterparties	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$62.81M	USD	2 Qtrs
Net Increase in cash and cash collateral posted to counterparties	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$116.62M	USD	2 Qtrs
Cash and cash collateral posted to counterparties - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$282.39M	USD	Point-in-time
Cash and cash collateral posted to counterparties - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$348.82M	USD	Point-in-time
Cash and cash collateral posted to counterparties - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.20M	USD	Point-in-time
Cash and cash collateral posted to counterparties - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.20M	USD	Point-in-time
Cash and cash collateral posted to counterparties - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$282.39M	USD	Point-in-time
Cash and cash collateral posted to counterparties - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$348.82M	USD	Point-in-time
Cash and cash collateral posted to counterparties - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.20M	USD	Point-in-time
Cash and cash collateral posted to counterparties - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.20M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$91.94M	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	$187.00M	USD	2 Qtrs
Receivable for unsettled sales	`NoncashInvestingandFinancingActivitiesReceivablesFromBrokersDealersandClearingOrganizations`	$216.29M	USD	2 Qtrs
Receivable for unsettled sales	`NoncashInvestingandFinancingActivitiesReceivablesFromBrokersDealersandClearingOrganizations`	-	USD	2 Qtrs
Payable for unsettled purchases	`NoncashInvestingandFinancingActivitiesPayablestoBrokerDealersAndClearingOrganizations`	-	USD	2 Qtrs
Payable for unsettled purchases	`NoncashInvestingandFinancingActivitiesPayablestoBrokerDealersAndClearingOrganizations`	$462.32M	USD	2 Qtrs
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-195.00M	USD	2 Qtrs
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$357.26M	USD	2 Qtrs
Amounts payable for Series A Preferred stock, called for redemption	`NoncashInvestingandFinancingActivitiesAmountsPayableforPreferredStockCalledforRedemption`	-	USD	2 Qtrs
Amounts payable for Series A Preferred stock, called for redemption	`NoncashInvestingandFinancingActivitiesAmountsPayableforPreferredStockCalledforRedemption`	$54.51M	USD	2 Qtrs
Amounts receivable for issuance of Preferred B stock	`IssuanceofPreferredStockReceivable`	$604.00K	USD	2 Qtrs
Amounts receivable for issuance of Preferred B stock	`IssuanceofPreferredStockReceivable`	-	USD	2 Qtrs

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Common stock dividends	`DividendsCommonStock`	$29.81M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$24.14M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$34.20M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$24.14M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$64.01M	USD	2 Qtrs
Series A Preferred stock, called for redemption	`StockRedeemedOrCalledDuringPeriodValue`	-	USD	1 Quarter
Series A Preferred stock, called for redemption	`StockRedeemedOrCalledDuringPeriodValue`	$54.51M	USD	1 Quarter
Series A Preferred stock, called for redemption	`StockRedeemedOrCalledDuringPeriodValue`	-	USD	1 Quarter
Series A Preferred stock, called for redemption	`StockRedeemedOrCalledDuringPeriodValue`	-	USD	1 Quarter
Issuance of common stock, net	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$321.89M	USD	2 Qtrs
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$644.00K	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$658.00K	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$647.00K	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$644.00K	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.30M	USD	2 Qtrs
Common stock repurchased (in shares)	`StockRepurchasedDuringPeriodShares`	375,000.00	shares	Point-in-time
Common stock repurchased (in shares)	`StockRepurchasedDuringPeriodShares`	250,000.00	shares	1 Quarter
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	$11.34M	USD	1 Quarter
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	$11.34M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$44.75M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$13.56M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-114.38M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-297.63M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-183.25M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$58.31M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-100.72M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$173.06M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-124.99M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-24.27M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$187.16M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$360.22M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.33B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$44.75M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$13.56M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-114.38M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-297.63M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-183.25M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$58.31M	USD	2 Qtrs
Reclassification adjustment for realized loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-2.95M	USD	2 Qtrs
Reclassification adjustment for realized loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-57.92M	USD	2 Qtrs
Reclassification adjustment for realized loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-25.32M	USD	1 Quarter
Reclassification adjustment for realized loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-44.00K	USD	1 Quarter
Reclassification adjustment for other than temporary impairment of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	-	USD	2 Qtrs
Reclassification adjustment for other than temporary impairment of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	$12.09M	USD	2 Qtrs
Reclassification adjustment for other than temporary impairment of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment for other than temporary impairment of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	-	USD	1 Quarter
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-195.00M	USD	2 Qtrs
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-49.59M	USD	1 Quarter
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$173.01M	USD	1 Quarter
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$357.26M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-100.72M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$173.06M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-124.99M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-24.27M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$187.16M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$360.22M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-10.71M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-10.19M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$62.59M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-66.68M	USD	2 Qtrs

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