10-Q Filing

ARMOUR RESIDENTIAL REIT, INC. CIK: 1428205 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001428205-20-000235`
Period End Date	20200630
Filing Date	20200722
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	arrq2202010q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 123 Cash Flow Statement 83 Stockholders Equity 44 Comprehensive Income 28

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Agency securities, pledged securities	`PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment`	$11.19B	USD	Point-in-time
Agency securities, pledged securities	`PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment`	$4.42B	USD	Point-in-time
Cash	`Cash`	$181.40M	USD	Point-in-time
Cash	`Cash`	$153.26M	USD	Point-in-time
Cash collateral posted to counterparties	`CashCollateralForBorrowedSecurities`	$91.77M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash collateral posted to counterparties	`CashCollateralForBorrowedSecurities`	$27.46M	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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Agency Securities (including pledged securities of $4,421,226 at June 30, 2020 and $11,188,502 at December 31, 2019)	`DebtSecuritiesAvailableforSaleandTradingAgencySecurities`	$11.94B	USD	Point-in-time
Agency Securities (including pledged securities of $4,421,226 at June 30, 2020 and $11,188,502 at December 31, 2019)	`DebtSecuritiesAvailableforSaleandTradingAgencySecurities`	$5.19B	USD	Point-in-time
Credit Risk and Non-Agency Securities (including pledged securities of $0 at June 30, 2020 and $810,549 at December 31, 2019)	`TradingSecuritiesDebt`	$2.91B	USD	Point-in-time
Credit Risk and Non-Agency Securities (including pledged securities of $0 at June 30, 2020 and $810,549 at December 31, 2019)	`TradingSecuritiesDebt`	$883.60M	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$24.75M	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$10.62M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$13.01M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$35.09M	USD	Point-in-time
Prepaid and other	`PrepaidExpenseAndOtherAssets`	$9.05M	USD	Point-in-time
Prepaid and other	`PrepaidExpenseAndOtherAssets`	$2.45M	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
Subordinated loan to BUCKLER	`DueFromRelatedParties`	$105.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Assets	`Assets`	$5.56B	USD	Point-in-time
Total Assets	`Assets`	$13.27B	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	64.69M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	58.88M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	58.88M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	64.69M	shares	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$11.35B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$4.24B	USD	Point-in-time
Cash collateral posted by counterparties	`CashCollateralHeldForCounterparties`	$14.96M	USD	Point-in-time
Cash collateral posted by counterparties	`CashCollateralHeldForCounterparties`	$8.19M	USD	Point-in-time
Payable for unsettled purchases	`PayablesToBrokerDealersAndClearingOrganizations`	$358.71M	USD	Point-in-time
Payable for unsettled purchases	`PayablesToBrokerDealersAndClearingOrganizations`	$443.52M	USD	Point-in-time
Derivatives, at fair value	`DerivativeLiabilities`	$18.20M	USD	Point-in-time
Derivatives, at fair value	`DerivativeLiabilities`	$71.97M	USD	Point-in-time
Accrued interest payable- repurchase agreements	`InterestPayableSecuritiesSoldunderAgreementstoRepurchase`	$676.00K	USD	Point-in-time
Accrued interest payable- repurchase agreements	`InterestPayableSecuritiesSoldunderAgreementstoRepurchase`	$31.93M	USD	Point-in-time
Accounts payable and other accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$4.57M	USD	Point-in-time
Accounts payable and other accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$3.59M	USD	Point-in-time
Total Liabilities	`Liabilities`	$11.84B	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.71B	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value, 125,000 shares authorized, 64,689 and 58,877 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$65.00K	USD	Point-in-time
Common stock, $0.001 par value, 125,000 shares authorized, 64,689 and 58,877 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$59.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.05B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.02B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.37B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.97B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$355.47M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$196.66M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.38B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$851.23M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$786.25M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.13B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.49B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$5.56B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$13.27B	USD	Point-in-time

Income Statement 123 line items

Line Item	Tag	Value	Unit	Period
Agency Securities, net of amortization of premium and fees	`InterestIncomeDebtSecuritiesAvailableForSaleOperating`	$193.27M	USD	2 Qtrs
Agency Securities, net of amortization of premium and fees	`InterestIncomeDebtSecuritiesAvailableForSaleOperating`	$23.65M	USD	1 Quarter
Agency Securities, net of amortization of premium and fees	`InterestIncomeDebtSecuritiesAvailableForSaleOperating`	$103.42M	USD	2 Qtrs
Agency Securities, net of amortization of premium and fees	`InterestIncomeDebtSecuritiesAvailableForSaleOperating`	$113.44M	USD	1 Quarter
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$28.55M	USD	1 Quarter
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$121.41M	USD	2 Qtrs
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$128.36M	USD	1 Quarter
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$223.15M	USD	2 Qtrs
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$56.91M	USD	2 Qtrs
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$87.50M	USD	1 Quarter
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$148.48M	USD	2 Qtrs
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$5.39M	USD	1 Quarter
Interest expense- U.S. Treasury Securities sold short	`InterestExpenseUSTreasurySecuritiesSoldShort`	-	USD	1 Quarter
Interest expense- U.S. Treasury Securities sold short	`InterestExpenseUSTreasurySecuritiesSoldShort`	$32.00K	USD	2 Qtrs
Interest expense- U.S. Treasury Securities sold short	`InterestExpenseUSTreasurySecuritiesSoldShort`	$32.00K	USD	1 Quarter
Interest expense- U.S. Treasury Securities sold short	`InterestExpenseUSTreasurySecuritiesSoldShort`	-	USD	2 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$23.13M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$40.86M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$64.47M	USD	2 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$74.67M	USD	2 Qtrs
Realized gain (loss) on sale available for sale Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$129.33M	USD	2 Qtrs
Realized gain (loss) on sale available for sale Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-2.95M	USD	2 Qtrs
Realized gain (loss) on sale available for sale Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$36.01M	USD	1 Quarter
Realized gain (loss) on sale available for sale Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-44.00K	USD	1 Quarter
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	$1.01M	USD	1 Quarter
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	1 Quarter
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	2 Qtrs
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	$1.01M	USD	2 Qtrs
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	1 Quarter
Gain on Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	-	USD	2 Qtrs
Gain on Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	-	USD	1 Quarter
Gain on Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	$7.91M	USD	2 Qtrs
Gain on Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	$7.91M	USD	1 Quarter
Loss on short sale of U.S. Treasury Securities	`ShortSaleofUSTreasurySecuritiesUnrealizedGainLoss`	$-414.00K	USD	1 Quarter
Loss on short sale of U.S. Treasury Securities	`ShortSaleofUSTreasurySecuritiesUnrealizedGainLoss`	-	USD	2 Qtrs
Loss on short sale of U.S. Treasury Securities	`ShortSaleofUSTreasurySecuritiesUnrealizedGainLoss`	$-414.00K	USD	2 Qtrs
Loss on short sale of U.S. Treasury Securities	`ShortSaleofUSTreasurySecuritiesUnrealizedGainLoss`	-	USD	1 Quarter
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$43.70M	USD	1 Quarter
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$-25.33M	USD	2 Qtrs
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$-17.27M	USD	2 Qtrs
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$-13.80M	USD	1 Quarter
Realized gain (loss) on derivatives	`GainLossOnOilAndGasHedgingActivity`	$-180.57M	USD	1 Quarter
Realized gain (loss) on derivatives	`GainLossOnOilAndGasHedgingActivity`	$-115.12M	USD	2 Qtrs
Realized gain (loss) on derivatives	`GainLossOnOilAndGasHedgingActivity`	$-415.72M	USD	2 Qtrs
Realized gain (loss) on derivatives	`GainLossOnOilAndGasHedgingActivity`	$-92.99M	USD	1 Quarter
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$39.44M	USD	2 Qtrs
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$-220.37M	USD	2 Qtrs
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$173.32M	USD	1 Quarter
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$-107.30M	USD	1 Quarter
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$-376.28M	USD	2 Qtrs
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$-200.29M	USD	1 Quarter
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$-335.49M	USD	2 Qtrs
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$-7.24M	USD	1 Quarter
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$-352.77M	USD	2 Qtrs
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$-214.09M	USD	1 Quarter
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$-401.61M	USD	2 Qtrs
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$36.45M	USD	1 Quarter
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$7.49M	USD	1 Quarter
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$14.74M	USD	2 Qtrs
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$7.38M	USD	1 Quarter
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$14.84M	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$2.50M	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$1.65M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$1.95M	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$912.00K	USD	1 Quarter
Insurance	`GeneralInsuranceExpense`	$183.00K	USD	1 Quarter
Insurance	`GeneralInsuranceExpense`	$366.00K	USD	2 Qtrs
Insurance	`GeneralInsuranceExpense`	$348.00K	USD	2 Qtrs
Insurance	`GeneralInsuranceExpense`	$183.00K	USD	1 Quarter
Compensation	`LaborAndRelatedExpense`	$1.78M	USD	2 Qtrs
Compensation	`LaborAndRelatedExpense`	$995.00K	USD	1 Quarter
Compensation	`LaborAndRelatedExpense`	$1.36M	USD	1 Quarter
Compensation	`LaborAndRelatedExpense`	$2.82M	USD	2 Qtrs
Other	`OtherOperatingIncomeExpenseNet`	$-437.00K	USD	1 Quarter
Other	`OtherOperatingIncomeExpenseNet`	$-187.00K	USD	2 Qtrs
Other	`OtherOperatingIncomeExpenseNet`	$-205.00K	USD	1 Quarter
Other	`OtherOperatingIncomeExpenseNet`	$-713.00K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$10.78M	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$20.71M	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$10.01M	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$19.53M	USD	2 Qtrs
Less management fees waived	`InvestmentCompanyContractualFeeWaived`	$2.95M	USD	2 Qtrs
Less management fees waived	`InvestmentCompanyContractualFeeWaived`	-	USD	1 Quarter
Less management fees waived	`InvestmentCompanyContractualFeeWaived`	-	USD	2 Qtrs
Less management fees waived	`InvestmentCompanyContractualFeeWaived`	$2.95M	USD	1 Quarter
Total Expenses after fees waived	`ExpensesAfterFeesWaived`	$10.01M	USD	1 Quarter
Total Expenses after fees waived	`ExpensesAfterFeesWaived`	$7.83M	USD	1 Quarter
Total Expenses after fees waived	`ExpensesAfterFeesWaived`	$19.53M	USD	2 Qtrs
Total Expenses after fees waived	`ExpensesAfterFeesWaived`	$17.77M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-297.63M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-114.38M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-183.25M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-354.91M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$51.75M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-406.66M	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$5.15M	USD	2 Qtrs
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$4.27M	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$8.53M	USD	2 Qtrs
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$2.32M	USD	1 Quarter
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-360.06M	USD	2 Qtrs
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-306.16M	USD	2 Qtrs
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-187.52M	USD	1 Quarter
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$49.43M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-5.40	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-5.87	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-3.14	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.78	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-5.40	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-5.87	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.77	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-3.14	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.60	USD	2 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.09	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`	61.31M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	63.74M	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`	64.34M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.31M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.66M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.65M	shares	1 Quarter

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-297.63M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-114.38M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-183.25M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-354.91M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$51.75M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-406.66M	USD	1 Quarter
Net amortization of premium on Agency Securities	`AccretionAmortizationofDiscountsandPremiumsInvestmentsAvailableforSale`	$-23.36M	USD	2 Qtrs
Net amortization of premium on Agency Securities	`AccretionAmortizationofDiscountsandPremiumsInvestmentsAvailableforSale`	$-17.47M	USD	2 Qtrs
Realized (gain) loss on sale of Agency Securities, available for sale	`DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment`	$129.33M	USD	2 Qtrs
Realized (gain) loss on sale of Agency Securities, available for sale	`DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment`	$-2.95M	USD	2 Qtrs
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	$1.01M	USD	1 Quarter
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	1 Quarter
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	2 Qtrs
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	$1.01M	USD	2 Qtrs
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	1 Quarter
Gain on Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	-	USD	2 Qtrs
Gain on Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	-	USD	1 Quarter
Gain on Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	$7.91M	USD	2 Qtrs
Gain on Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	$7.91M	USD	1 Quarter
Loss on short sale of U.S. Treasury Securities	`GainLossonShortSaleofUSTreasurySecurities`	$-414.00K	USD	2 Qtrs
Loss on short sale of U.S. Treasury Securities	`GainLossonShortSaleofUSTreasurySecurities`	-	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$1.30M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$2.02M	USD	2 Qtrs
Increase (decrease) in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$20.02M	USD	2 Qtrs
Increase (decrease) in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-22.03M	USD	2 Qtrs
Increase (decrease) in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$337.00K	USD	2 Qtrs
Increase (decrease) in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-6.60M	USD	2 Qtrs
Change in derivatives, at fair value	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$-202.83M	USD	2 Qtrs
Change in derivatives, at fair value	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$39.65M	USD	2 Qtrs
Increase (decrease) in accrued interest payable- repurchase agreements	`IncreaseDecreaseInPayablesUnderRepurchaseAgreements`	$-31.26M	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`	$977.00K	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 used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-347.93M	USD	2 Qtrs
Net cash and cash collateral posted to counterparties used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-43.55M	USD	2 Qtrs
Purchases of Agency Securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$7.97B	USD	2 Qtrs
Purchases of Agency Securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$4.73B	USD	2 Qtrs
Principal repayments of Agency Securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$666.16M	USD	2 Qtrs
Principal repayments of Agency Securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$459.78M	USD	2 Qtrs
Principal repayments of Credit Risk and Non-Agency Securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$43.77M	USD	2 Qtrs
Principal repayments of Credit Risk and Non-Agency Securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$15.65M	USD	2 Qtrs
Proceeds from sales of Agency Securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$10.86B	USD	2 Qtrs
Proceeds from sales of Agency Securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.11B	USD	2 Qtrs
Disbursements on reverse repurchase agreements	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	-	USD	2 Qtrs
Disbursements on reverse repurchase agreements	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$858.16M	USD	2 Qtrs
Receipts from reverse repurchase agreements	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	-	USD	2 Qtrs
Receipts from reverse repurchase agreements	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$858.16M	USD	2 Qtrs
Decrease in cash collateral posted by counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	$-78.51M	USD	2 Qtrs
Decrease in cash collateral posted by counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	$-6.77M	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$7.45B	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`	$48.89M	USD	2 Qtrs
Issuance of common stock, net of expenses	`ProceedsFromIssuanceOfCommonStock`	$321.89M	USD	2 Qtrs
Proceeds from repurchase agreements	`ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase`	$96.70B	USD	2 Qtrs
Proceeds from repurchase agreements	`ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase`	$53.58B	USD	2 Qtrs
Principal repayments on repurchase agreements	`PaymentsForSecuritiesSoldUnderAgreementsToRepurchase`	$90.45B	USD	2 Qtrs
Principal repayments on repurchase agreements	`PaymentsForSecuritiesSoldUnderAgreementsToRepurchase`	$60.70B	USD	2 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$36.25M	USD	2 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$64.01M	USD	2 Qtrs
Common stock repurchased, net	`PaymentsForRepurchaseOfCommonStock`	$777.00K	USD	2 Qtrs
Common stock repurchased, net	`PaymentsForRepurchaseOfCommonStock`	$11.34M	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.19B	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.50B	USD	2 Qtrs
Net Increase (decrease) in cash and cash collateral posted to counterparties	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-92.45M	USD	2 Qtrs
Net Increase (decrease) in cash and cash collateral posted to counterparties	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$116.62M	USD	2 Qtrs
Cash and cash collateral posted to counterparties - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$180.72M	USD	Point-in-time
Cash and cash collateral posted to counterparties - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$273.17M	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 - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$348.82M	USD	Point-in-time
Cash and cash collateral posted to counterparties - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$180.72M	USD	Point-in-time
Cash and cash collateral posted to counterparties - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$273.17M	USD	Point-in-time
Cash and cash collateral posted to counterparties - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.20M	USD	Point-in-time
Cash and cash collateral posted to counterparties - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$348.82M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$166.36M	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	$187.00M	USD	2 Qtrs
Payable for unsettled purchases	`NoncashInvestingandFinancingActivitiesPayablestoBrokerDealersAndClearingOrganizations`	$443.52M	USD	2 Qtrs
Payable for unsettled purchases	`NoncashInvestingandFinancingActivitiesPayablestoBrokerDealersAndClearingOrganizations`	-	USD	2 Qtrs
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-30.49M	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`	$54.51M	USD	2 Qtrs
Amounts payable for Series A Preferred stock, called for redemption	`NoncashInvestingandFinancingActivitiesAmountsPayableforPreferredStockCalledforRedemption`	-	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 44 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$851.23M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$786.25M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Common stock dividends	`DividendsCommonStock`	$29.81M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$5.88M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$36.25M	USD	2 Qtrs
Common stock dividends	`DividendsCommonStock`	$34.20M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$30.38M	USD	1 Quarter
Preferred stock, called for redemption	`StockRedeemedOrCalledDuringPeriodValue`	-	USD	1 Quarter
Preferred stock, called for redemption	`StockRedeemedOrCalledDuringPeriodValue`	$54.51M	USD	1 Quarter
Preferred stock, called for redemption	`StockRedeemedOrCalledDuringPeriodValue`	-	USD	1 Quarter
Preferred stock, called for redemption	`StockRedeemedOrCalledDuringPeriodValue`	$209.58M	USD	1 Quarter
Issuance of common stock, net	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$48.89M	USD	2 Qtrs
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.02M	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.00M	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.02M	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
Common stock repurchased, net	`StockRepurchasedDuringPeriodValue`	$777.00K	USD	1 Quarter
Common stock repurchased, net	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Common stock repurchased, net	`StockRepurchasedDuringPeriodValue`	$777.00K	USD	2 Qtrs
Common stock repurchased, net	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Common stock repurchased, net	`StockRepurchasedDuringPeriodValue`	$11.34M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-297.63M	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-114.38M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-183.25M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-354.91M	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$51.75M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-406.66M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-158.81M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$187.16M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$360.22M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.35M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$173.06M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-130.46M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$851.23M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$786.25M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.49B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-297.63M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-114.38M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-183.25M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-354.91M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$51.75M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-406.66M	USD	1 Quarter
Reclassification adjustment for realized (gain) loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$129.33M	USD	2 Qtrs
Reclassification adjustment for realized (gain) loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-44.00K	USD	1 Quarter
Reclassification adjustment for realized (gain) loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$36.01M	USD	1 Quarter
Reclassification adjustment for realized (gain) loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-2.95M	USD	2 Qtrs
Reclassification adjustment for credit loss expense on available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment for credit loss expense on available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	$1.01M	USD	2 Qtrs
Reclassification adjustment for credit loss expense on available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment for credit loss expense on available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax`	-	USD	2 Qtrs
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$7.65M	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`	$-30.49M	USD	2 Qtrs
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$357.26M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-158.81M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$187.16M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$360.22M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.35M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$173.06M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-130.46M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-513.72M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$62.59M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$23.39M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-10.19M	USD	1 Quarter

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