10-Q Filing

ARMOUR RESIDENTIAL REIT, INC. CIK: 1428205 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001428205-19-000283`
Period End Date	20190930
Filing Date	20191023
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	arrq3201910q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 104 Cash Flow Statement 79 Stockholders Equity 62 Comprehensive Income 32

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Agency Securities (including pledged securities of $11,635,179 at September 30, 2019 and $6,743,689 at December 31, 2018)	`PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment`	$11.64B	USD	Point-in-time
Agency Securities (including pledged securities of $11,635,179 at September 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`	$160.48M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	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 collateral posted to counterparties	`CashCollateralForBorrowedSecurities`	$10.53M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash collateral posted to counterparties	`CashCollateralForBorrowedSecurities`	$126.39M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Agency Securities (including pledged securities of $11,635,179 at September 30, 2019 and $6,743,689 at December 31, 2018)	`AvailableForSaleSecuritiesDebtSecurities`	$12.01B	USD	Point-in-time
Agency Securities (including pledged securities of $11,635,179 at September 30, 2019 and $6,743,689 at December 31, 2018)	`AvailableForSaleSecuritiesDebtSecurities`	$7.05B	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$111.91M	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$7.79M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$22.50M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$36.44M	USD	Point-in-time
Prepaid and other	`PrepaidExpenseAndOtherAssets`	$1.85M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid and other	`PrepaidExpenseAndOtherAssets`	$2.72M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	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
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 issued (in shares)	`CommonStockSharesIssued`	43.70M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	58.89M	shares	Point-in-time
Total Assets	`Assets`	$8.46B	USD	Point-in-time
Total Assets	`Assets`	$13.22B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	43.70M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	58.89M	shares	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$11.68B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$7.04B	USD	Point-in-time
Cash collateral posted by counterparties	`CashCollateralHeldForCounterparties`	$97.21M	USD	Point-in-time
Cash collateral posted by counterparties	`CashCollateralHeldForCounterparties`	$25.31M	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`	$115.81M	USD	Point-in-time
Accrued interest payable- repurchase agreements	`InterestPayableSecuritiesSoldunderAgreementstoRepurchase`	$14.00M	USD	Point-in-time
Accrued interest payable- repurchase agreements	`InterestPayableSecuritiesSoldunderAgreementstoRepurchase`	$10.27M	USD	Point-in-time
Accounts payable and other accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$6.18M	USD	Point-in-time
Accounts payable and other accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$3.61M	USD	Point-in-time
Total Liabilities	`Liabilities`	$11.84B	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, 58,889 and 43,702 shares issued and outstanding at September 30, 2019 and December 31, 2018	`CommonStockValue`	$44.00K	USD	Point-in-time
Common stock, $0.001 par value, 125,000 shares authorized, 58,889 and 43,702 shares issued and outstanding at September 30, 2019 and December 31, 2018	`CommonStockValue`	$59.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.03B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.75B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.05B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.58B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$405.69M	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`	$1.38B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.24B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.49B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.38B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.21B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.21B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$8.46B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$13.22B	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Agency Securities, net of amortization of premium and fees	`InterestIncomeDebtSecuritiesAvailableForSaleOperating`	$102.13M	USD	1 Quarter
Agency Securities, net of amortization of premium and fees	`InterestIncomeDebtSecuritiesAvailableForSaleOperating`	$156.85M	USD	3 Qtrs
Agency Securities, net of amortization of premium and fees	`InterestIncomeDebtSecuritiesAvailableForSaleOperating`	$56.79M	USD	1 Quarter
Agency Securities, net of amortization of premium and fees	`InterestIncomeDebtSecuritiesAvailableForSaleOperating`	$295.40M	USD	3 Qtrs
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$339.05M	USD	3 Qtrs
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$72.63M	USD	1 Quarter
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$206.59M	USD	3 Qtrs
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$115.90M	USD	1 Quarter
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$80.29M	USD	1 Quarter
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$40.36M	USD	1 Quarter
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$228.78M	USD	3 Qtrs
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$108.08M	USD	3 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$35.61M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$32.27M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$98.51M	USD	3 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$110.28M	USD	3 Qtrs
Realized gain (loss) on sale of Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-31.14M	USD	1 Quarter
Realized gain (loss) on sale of Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$1.61M	USD	3 Qtrs
Realized gain (loss) on sale of Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-89.06M	USD	3 Qtrs
Realized gain (loss) on sale of Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$4.57M	USD	1 Quarter
Other than temporary impairment of Agency Securities (reclassified from Other comprehensive income (loss))	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	3 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`	$12.09M	USD	3 Qtrs
Other than temporary impairment of Agency Securities (reclassified from Other comprehensive income (loss))	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	1 Quarter
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$-5.01M	USD	1 Quarter
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$-33.12M	USD	1 Quarter
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$-111.54M	USD	3 Qtrs
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$-22.28M	USD	3 Qtrs
Realized gain (loss) on derivatives	`GainLossOnSaleOfDerivatives`	$-49.21M	USD	3 Qtrs
Realized gain (loss) on derivatives	`GainLossOnSaleOfDerivatives`	$-200.20M	USD	3 Qtrs
Realized gain (loss) on derivatives	`GainLossOnSaleOfDerivatives`	$3.74M	USD	1 Quarter
Realized gain (loss) on derivatives	`GainLossOnSaleOfDerivatives`	$-85.08M	USD	1 Quarter
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$-216.53M	USD	3 Qtrs
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$3.85M	USD	1 Quarter
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$196.43M	USD	3 Qtrs
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$54.17M	USD	1 Quarter
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$-81.23M	USD	1 Quarter
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$-416.72M	USD	3 Qtrs
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$57.91M	USD	1 Quarter
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$147.22M	USD	3 Qtrs
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$-439.01M	USD	3 Qtrs
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$-86.24M	USD	1 Quarter
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$35.68M	USD	3 Qtrs
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$24.78M	USD	1 Quarter
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$22.16M	USD	3 Qtrs
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$20.41M	USD	3 Qtrs
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$7.42M	USD	1 Quarter
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$6.81M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$2.87M	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$3.99M	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$1.48M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$922.00K	USD	1 Quarter
Insurance	`GeneralInsuranceExpense`	$143.00K	USD	1 Quarter
Insurance	`GeneralInsuranceExpense`	$531.00K	USD	3 Qtrs
Insurance	`GeneralInsuranceExpense`	$183.00K	USD	1 Quarter
Insurance	`GeneralInsuranceExpense`	$472.00K	USD	3 Qtrs
Compensation	`LaborAndRelatedExpense`	$3.00M	USD	3 Qtrs
Compensation	`LaborAndRelatedExpense`	$2.88M	USD	3 Qtrs
Compensation	`LaborAndRelatedExpense`	$1.03M	USD	1 Quarter
Compensation	`LaborAndRelatedExpense`	$1.09M	USD	1 Quarter
Other	`OtherOperatingIncomeExpenseNet`	$104.00K	USD	1 Quarter
Other	`OtherOperatingIncomeExpenseNet`	$-704.00K	USD	1 Quarter
Other	`OtherOperatingIncomeExpenseNet`	$-1.42M	USD	3 Qtrs
Other	`OtherOperatingIncomeExpenseNet`	$-295.00K	USD	3 Qtrs
Total Expenses	`OperatingExpenses`	$28.17M	USD	3 Qtrs
Total Expenses	`OperatingExpenses`	$9.35M	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$10.32M	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$29.85M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-358.59M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$44.75M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-114.38M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$13.56M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-183.25M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$106.01M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-60.95M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$47.70M	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$12.77M	USD	3 Qtrs
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$3.41M	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$4.26M	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$11.94M	USD	3 Qtrs
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-370.53M	USD	3 Qtrs
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-64.36M	USD	1 Quarter
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$93.24M	USD	3 Qtrs
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$43.45M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.22	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.03	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-6.45	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.20	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.09	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-6.45	USD	3 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.65	USD	3 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.71	USD	3 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`	$0.51	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.95M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.47M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.08M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	42.05M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.08M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.47M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.34M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.44M	shares	1 Quarter

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-358.59M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$44.75M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-114.38M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$13.56M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-183.25M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$106.01M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-60.95M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$47.70M	USD	1 Quarter
Net amortization of premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-26.63M	USD	3 Qtrs
Net amortization of premiums on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-35.26M	USD	3 Qtrs
Accretion of net discount on Credit Risk and Non-Agency Securities	`AccretionofDiscountsTradingSecurities`	$2.27M	USD	3 Qtrs
Accretion of net discount on Credit Risk and Non-Agency Securities	`AccretionofDiscountsTradingSecurities`	$2.17M	USD	3 Qtrs
Realized gain (loss) on sale of Agency Securities	`DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment`	$1.61M	USD	3 Qtrs
Realized gain (loss) on sale of Agency Securities	`DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment`	$4.57M	USD	1 Quarter
Realized gain (loss) on sale of Agency Securities	`DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment`	$-89.06M	USD	3 Qtrs
Other than temporary impairment of Agency Securities	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	3 Qtrs
Other than temporary impairment of Agency Securities	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	1 Quarter
Other than temporary impairment of Agency Securities	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	$12.09M	USD	3 Qtrs
Other than temporary impairment of Agency Securities	`OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings`	-	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$1.95M	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$2.04M	USD	3 Qtrs
Increase in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$233.00K	USD	3 Qtrs
Increase in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$14.22M	USD	3 Qtrs
(Increase) decrease in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-76.00K	USD	3 Qtrs
(Increase) decrease in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$111.00K	USD	3 Qtrs
Change in derivatives, at fair value	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$-195.42M	USD	3 Qtrs
Change in derivatives, at fair value	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$205.71M	USD	3 Qtrs
Increase in accrued interest payable- repurchase agreements	`IncreaseDecreaseInPayablesUnderRepurchaseAgreements`	$3.24M	USD	3 Qtrs
Increase in accrued interest payable- repurchase agreements	`IncreaseDecreaseInPayablesUnderRepurchaseAgreements`	$3.74M	USD	3 Qtrs
Increase in accounts payable and other accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.33M	USD	3 Qtrs
Increase in accounts payable and other accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.57M	USD	3 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-112.31M	USD	3 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$47.38M	USD	3 Qtrs
Purchases of Agency Securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$7.97B	USD	3 Qtrs
Purchases of Agency Securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$3.46B	USD	3 Qtrs
Principal repayments of Agency Securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$527.64M	USD	3 Qtrs
Principal repayments of Agency Securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.04B	USD	3 Qtrs
Principal repayments of Credit Risk and Non-Agency Securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$26.62M	USD	3 Qtrs
Principal repayments of Credit Risk and Non-Agency Securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$29.19M	USD	3 Qtrs
Proceeds from sales of Agency Securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.23B	USD	3 Qtrs
Proceeds from sales of Agency Securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$3.17B	USD	3 Qtrs
(Decrease) increase in cash collateral posted by counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	$-71.90M	USD	3 Qtrs
(Decrease) increase in cash collateral posted by counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	$202.45M	USD	3 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.64B	USD	3 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$362.82M	USD	3 Qtrs
Issuance of common stock, net of expenses	`ProceedsFromIssuanceOfCommonStock`	$9.00M	USD	3 Qtrs
Issuance of common stock, net of expenses	`ProceedsFromIssuanceOfCommonStock`	$321.86M	USD	3 Qtrs
Proceeds from repurchase agreements	`ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase`	$144.33B	USD	3 Qtrs
Proceeds from repurchase agreements	`ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase`	$143.17B	USD	3 Qtrs
Principal repayments on repurchase agreements	`PaymentsForSecuritiesSoldUnderAgreementsToRepurchase`	$144.67B	USD	3 Qtrs
Principal repayments on repurchase agreements	`PaymentsForSecuritiesSoldUnderAgreementsToRepurchase`	$138.53B	USD	3 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$10.10M	USD	Point-in-time
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$11.35M	USD	Point-in-time
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$11.42M	USD	Point-in-time
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$94.30M	USD	3 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$10.11M	USD	Point-in-time
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$72.48M	USD	3 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$11.42M	USD	Point-in-time
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$10.07M	USD	Point-in-time
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$16.96M	USD	3 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-410.81M	USD	3 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.81B	USD	3 Qtrs
Net Increase (decrease) in cash and cash collateral posted to counterparties	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-613.00K	USD	3 Qtrs
Net Increase (decrease) in cash and cash collateral posted to counterparties	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$54.68M	USD	3 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`	$286.88M	USD	Point-in-time
Cash and cash collateral posted to counterparties - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$281.78M	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`	$286.88M	USD	Point-in-time
Cash and cash collateral posted to counterparties - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$281.78M	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`	$342.37M	USD	3 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	$157.93M	USD	3 Qtrs
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$451.17M	USD	3 Qtrs
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-253.27M	USD	3 Qtrs
Amounts receivable for issuance of Preferred B stock	`IssuanceofPreferredStockReceivable`	-	USD	3 Qtrs
Amounts receivable for issuance of Preferred B stock	`IssuanceofPreferredStockReceivable`	$753.00K	USD	3 Qtrs

Stockholders Equity 62 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Common stock dividends	`DividendsCommonStock`	$34.20M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$30.29M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$94.30M	USD	3 Qtrs
Common stock dividends	`DividendsCommonStock`	$24.21M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$24.14M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$24.14M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$29.81M	USD	1 Quarter
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
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`	$321.86M	USD	3 Qtrs
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$644.00K	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.04M	USD	3 Qtrs
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$662.00K	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$737.00K	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$658.00K	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$644.00K	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$647.00K	USD	1 Quarter
Common stock repurchased (in shares)	`StockRepurchasedDuringPeriodShares`	250,000.00	shares	1 Quarter
Common stock repurchased (in shares)	`StockRepurchasedDuringPeriodShares`	705,000.00	shares	1 Quarter
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	$5.62M	USD	1 Quarter
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	$16.96M	USD	3 Qtrs
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	$11.34M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-358.59M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$44.75M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-114.38M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$13.56M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-183.25M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$106.01M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-60.95M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$47.70M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-100.72M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.13M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-152.12M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$187.16M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$89.34M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$173.06M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$449.56M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-24.27M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.21B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-358.59M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$44.75M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-114.38M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$13.56M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-183.25M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$106.01M	USD	3 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-60.95M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$47.70M	USD	1 Quarter
Reclassification adjustment for realized (gain) loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$1.61M	USD	3 Qtrs
Reclassification adjustment for realized (gain) loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$4.57M	USD	1 Quarter
Reclassification adjustment for realized (gain) loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-31.14M	USD	1 Quarter
Reclassification adjustment for realized (gain) loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-89.06M	USD	3 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	3 Qtrs
Reclassification adjustment for other than temporary impairment of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	$12.09M	USD	3 Qtrs
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`	$93.91M	USD	1 Quarter
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$451.17M	USD	3 Qtrs
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-253.27M	USD	3 Qtrs
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-58.27M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-100.72M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.13M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-152.12M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$187.16M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$89.34M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$173.06M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$449.56M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-24.27M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$20.57M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-46.11M	USD	3 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$28.39M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$90.97M	USD	3 Qtrs

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