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10-Q Filing

ARMOUR RESIDENTIAL REIT, INC. CIK: 1428205 Q1 2021
Filing Information
Form Type 10-Q
Accession Number 0001428205-21-000134
Period End Date 20210331
Filing Date 20210421
Fiscal Year 2021
Fiscal Period Q1
XBRL Instance arr-20210331_htm.xml
Balance Sheet 63 line items
Line Item Tag Value Unit Period
Agency securities, pledged securities PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment $4.73B USD Point-in-time
Agency securities, pledged securities PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment $3.96B USD Point-in-time
Cash Cash $277.55M USD Point-in-time
Unsettled sales, pledged securities ReceivablesFromBrokersDealersAndClearingOrganizationsAmountOfPledgedSecurities $342.48M USD Point-in-time
Cash Cash $167.67M 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 $52.80M USD Point-in-time
Cash collateral posted to counterparties CashCollateralForBorrowedSecurities $4.00M 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 $3,955,310 at March 31, 2021 and $4,726,584 at December 31, 2020) DebtSecuritiesAvailableforSaleandTradingAgencySecurities $5.18B USD Point-in-time
Agency Securities (including pledged securities of $3,955,310 at March 31, 2021 and $4,726,584 at December 31, 2020) DebtSecuritiesAvailableforSaleandTradingAgencySecurities $4.32B USD Point-in-time
Receivable for unsettled sales (including pledged securities of $342,482 at March 31, 2021) ReceivablesFromBrokersDealersAndClearingOrganizations - USD Point-in-time
Receivable for unsettled sales (including pledged securities of $342,482 at March 31, 2021) ReceivablesFromBrokersDealersAndClearingOrganizations $358.67M USD Point-in-time
Derivatives, at fair value DerivativeAssets $54.69M USD Point-in-time
Derivatives, at fair value DerivativeAssets $216.30M USD Point-in-time
Accrued interest receivable InterestReceivable $12.83M USD Point-in-time
Accrued interest receivable InterestReceivable $11.09M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Prepaid and other PrepaidExpenseAndOtherAssets $9.69M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Prepaid and other PrepaidExpenseAndOtherAssets $1.98M 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
Subordinated loan to BUCKLER DueFromRelatedParties $105.00M USD Point-in-time
Total Assets Assets $5.52B USD Point-in-time
Total Assets Assets $5.35B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 65.29M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 69.75M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 69.75M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 65.29M shares Point-in-time
Repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $3.81B USD Point-in-time
Repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $4.54B USD Point-in-time
Cash collateral posted by counterparties CashCollateralHeldForCounterparties $165.13M USD Point-in-time
Cash collateral posted by counterparties CashCollateralHeldForCounterparties $44.70M USD Point-in-time
Payable for unsettled purchases PayablesToBrokerDealersAndClearingOrganizations - USD Point-in-time
Payable for unsettled purchases PayablesToBrokerDealersAndClearingOrganizations $295.99M USD Point-in-time
Derivatives, at fair value DerivativeLiabilities $1.22M USD Point-in-time
Derivatives, at fair value DerivativeLiabilities $45.02M USD Point-in-time
Accrued interest payable- repurchase agreements InterestPayableSecuritiesSoldunderAgreementstoRepurchase $1.62M USD Point-in-time
Accrued interest payable- repurchase agreements InterestPayableSecuritiesSoldunderAgreementstoRepurchase $1.01M USD Point-in-time
Accounts payable and other accrued expenses AccountsPayableAndOtherAccruedLiabilities $2.57M USD Point-in-time
Accounts payable and other accrued expenses AccountsPayableAndOtherAccruedLiabilities $4.37M USD Point-in-time
Total Liabilities Liabilities $4.32B USD Point-in-time
Total Liabilities Liabilities $4.59B 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, 69,748 and 65,290 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively CommonStockValue $69.00K USD Point-in-time
Common stock, $0.001 par value, 125,000 shares authorized, 69,748 and 65,290 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively CommonStockValue $65.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $3.12B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $3.03B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.23B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.27B USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $136.80M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $179.03M USD Point-in-time
Total Stockholders Equity StockholdersEquity $786.25M USD Point-in-time
Total Stockholders Equity StockholdersEquity $1.03B USD Point-in-time
Total Stockholders Equity StockholdersEquity $938.30M USD Point-in-time
Total Stockholders Equity StockholdersEquity $1.44B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $5.35B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $5.52B USD Point-in-time
Income Statement 61 line items
Line Item Tag Value Unit Period
Agency Securities, net of amortization of premium and fees InterestIncomeDebtSecuritiesAvailableForSaleOperating $79.78M USD 1 Quarter
Agency Securities, net of amortization of premium and fees InterestIncomeDebtSecuritiesAvailableForSaleOperating $18.56M USD 1 Quarter
Total Interest Income InterestIncomeDebtSecuritiesOperating $92.86M USD 1 Quarter
Total Interest Income InterestIncomeDebtSecuritiesOperating $18.57M USD 1 Quarter
Interest expense- repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $51.52M USD 1 Quarter
Interest expense- repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $2.43M USD 1 Quarter
Interest expense- U.S. Treasury Securities sold short InterestExpenseUSTreasurySecuritiesSoldShort - USD 1 Quarter
Interest expense- U.S. Treasury Securities sold short InterestExpenseUSTreasurySecuritiesSoldShort $87.00K USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $16.06M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $41.34M USD 1 Quarter
Realized gain on sale of available for sale Agency Securities (reclassified from Other comprehensive loss) DebtSecuritiesAvailableForSaleRealizedGainLoss $93.33M USD 1 Quarter
Realized gain on sale of available for sale Agency Securities (reclassified from Other comprehensive loss) DebtSecuritiesAvailableForSaleRealizedGainLoss $7.35M USD 1 Quarter
Credit loss expense DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded - USD 3 Qtrs
Credit loss expense DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded $1.01M USD 1 Quarter
Credit loss expense DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded - USD 1 Quarter
Loss on Agency Securities, trading DebtSecuritiesTradingGainLoss $-62.59M USD 1 Quarter
Loss on Agency Securities, trading DebtSecuritiesTradingGainLoss - USD 1 Quarter
Loss on short sale of U.S. Treasury Securities ShortSaleofUSTreasurySecuritiesUnrealizedGainLoss $-28.00K USD 1 Quarter
Loss on short sale of U.S. Treasury Securities ShortSaleofUSTreasurySecuritiesUnrealizedGainLoss - USD 1 Quarter
Subtotal GainLossonAvailableforsaleSecuritiesandShortSales $-55.26M USD 1 Quarter
Subtotal GainLossonAvailableforsaleSecuritiesandShortSales $-69.03M USD 1 Quarter
Realized gain (loss) on derivatives GainLossOnOilAndGasHedgingActivity $-235.15M USD 1 Quarter
Realized gain (loss) on derivatives GainLossOnOilAndGasHedgingActivity $-27.36M USD 1 Quarter
Unrealized gain (loss) on derivatives UnrealizedGainLossOnDerivatives $-133.89M USD 1 Quarter
Unrealized gain (loss) on derivatives UnrealizedGainLossOnDerivatives $145.98M USD 1 Quarter
Subtotal GainLossOnDerivativeInstrumentsNetPretax $118.62M USD 1 Quarter
Subtotal GainLossOnDerivativeInstrumentsNetPretax $-369.04M USD 1 Quarter
Total Other Income (Loss) OtherOperatingIncomeLoss $63.36M USD 1 Quarter
Total Other Income (Loss) OtherOperatingIncomeLoss $-438.06M USD 1 Quarter
Management fees RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $7.44M USD 1 Quarter
Management fees RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $7.46M USD 1 Quarter
Professional fees ProfessionalFees $846.00K USD 1 Quarter
Professional fees ProfessionalFees $738.00K USD 1 Quarter
Insurance GeneralInsuranceExpense $193.00K USD 1 Quarter
Insurance GeneralInsuranceExpense $183.00K USD 1 Quarter
Compensation LaborAndRelatedExpense $1.47M USD 1 Quarter
Compensation LaborAndRelatedExpense $1.68M USD 1 Quarter
Other OtherOperatingIncomeExpenseNet $-450.00K USD 1 Quarter
Other OtherOperatingIncomeExpenseNet $17.00K USD 1 Quarter
Total Expenses OperatingExpenses $10.49M USD 1 Quarter
Total Expenses OperatingExpenses $9.94M USD 1 Quarter
Less management fees waived InvestmentCompanyContractualFeeWaived $2.40M USD 1 Quarter
Less management fees waived InvestmentCompanyContractualFeeWaived - USD 1 Quarter
Total Expenses after fees waived ExpensesAfterFeesWaived $8.09M USD 1 Quarter
Total Expenses after fees waived ExpensesAfterFeesWaived $9.94M USD 1 Quarter
Net Income (Loss) NetIncomeLoss $-406.66M USD 1 Quarter
Net Income (Loss) NetIncomeLoss $71.33M USD 1 Quarter
Dividends on preferred stock PreferredStockDividendsIncomeStatementImpact $2.83M USD 1 Quarter
Dividends on preferred stock PreferredStockDividendsIncomeStatementImpact $2.49M USD 1 Quarter
Net Income (Loss) available (related) to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $-409.49M USD 1 Quarter
Net Income (Loss) available (related) to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $68.84M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.04 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-6.95 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-6.95 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.03 USD 1 Quarter
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.51 USD 1 Quarter
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.30 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 58.88M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 65.96M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 67.02M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 58.88M shares 1 Quarter
Cash Flow Statement 73 line items
Line Item Tag Value Unit Period
Net Income (Loss) NetIncomeLoss $-406.66M USD 1 Quarter
Net Income (Loss) NetIncomeLoss $71.33M USD 1 Quarter
Net amortization of premium on Agency Securities AccretionAmortizationofDiscountsandPremiumsInvestmentsAvailableforSale $-15.79M USD 1 Quarter
Net amortization of premium on Agency Securities AccretionAmortizationofDiscountsandPremiumsInvestmentsAvailableforSale $-14.13M USD 1 Quarter
Realized gain on sale of Agency Securities, available for sale DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment $7.35M USD 1 Quarter
Realized gain on sale of Agency Securities, available for sale DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment $93.33M USD 1 Quarter
Credit loss expense DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded - USD 3 Qtrs
Credit loss expense DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded $1.01M USD 1 Quarter
Credit loss expense DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded - USD 1 Quarter
Agency Securities, trading DebtSecuritiesTradingGainLoss $-62.59M USD 1 Quarter
Agency Securities, trading DebtSecuritiesTradingGainLoss - USD 1 Quarter
Loss on short sale of U.S. Treasury Securities GainLossonShortSaleofUSTreasurySecurities - USD 1 Quarter
Loss on short sale of U.S. Treasury Securities GainLossonShortSaleofUSTreasurySecurities $-28.00K USD 1 Quarter
Stock based compensation ShareBasedCompensation $1.00M USD 1 Quarter
Stock based compensation ShareBasedCompensation $1.20M USD 1 Quarter
Increase in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-1.95M USD 1 Quarter
Increase in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-25.73M USD 1 Quarter
Increase (decrease) in prepaid and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $7.71M USD 1 Quarter
Increase (decrease) in prepaid and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-7.45M USD 1 Quarter
Change in derivatives, at fair value IncreaseDecreaseInDerivativeAssetsAndLiabilities $-128.95M USD 1 Quarter
Change in derivatives, at fair value IncreaseDecreaseInDerivativeAssetsAndLiabilities $117.81M USD 1 Quarter
Decrease in accrued interest payable- repurchase agreements IncreaseDecreaseInPayablesUnderRepurchaseAgreements $-610.00K USD 1 Quarter
Decrease in accrued interest payable- repurchase agreements IncreaseDecreaseInPayablesUnderRepurchaseAgreements $-28.44M USD 1 Quarter
Increase in accounts payable and other accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.80M USD 1 Quarter
Increase in accounts payable and other accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $5.36M USD 1 Quarter
Net cash and cash collateral posted to counterparties provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $21.20M USD 1 Quarter
Net cash and cash collateral posted to counterparties provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-184.45M USD 1 Quarter
Purchases of Agency Securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $1.66B USD 1 Quarter
Purchases of Agency Securities PaymentsToAcquireAvailableForSaleSecuritiesDebt - USD 1 Quarter
Principal repayments of Agency Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $475.77M USD 1 Quarter
Principal repayments of Agency Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $278.72M USD 1 Quarter
Principal repayments of Credit Risk and Non-Agency Securities ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment $31.40M USD 1 Quarter
Principal repayments of Credit Risk and Non-Agency Securities ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment - USD 1 Quarter
Proceeds from sales of Agency Securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $405.05M USD 1 Quarter
Proceeds from sales of Agency Securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $9.78B USD 1 Quarter
Disbursements on reverse repurchase agreements PaymentsForSecuritiesPurchasedUnderAgreementsToResell - USD 1 Quarter
Disbursements on reverse repurchase agreements PaymentsForSecuritiesPurchasedUnderAgreementsToResell $391.12M USD 1 Quarter
Receipts from reverse repurchase agreements ProceedsFromSecuritiesPurchasedUnderAgreementsToResell $391.12M USD 1 Quarter
Receipts from reverse repurchase agreements ProceedsFromSecuritiesPurchasedUnderAgreementsToResell - USD 1 Quarter
Decrease in cash collateral posted by counterparties IncreaseDecreaseCashCollateralFromCounterparties $115.34M USD 1 Quarter
Decrease in cash collateral posted by counterparties IncreaseDecreaseCashCollateralFromCounterparties $120.43M USD 1 Quarter
Net cash and cash collateral posted to counterparties provided by investing activities NetCashProvidedByUsedInInvestingActivities $804.17M USD 1 Quarter
Net cash and cash collateral posted to counterparties provided by investing activities NetCashProvidedByUsedInInvestingActivities $8.60B USD 1 Quarter
Issuance of common stock, net of expenses ProceedsFromIssuanceOfCommonStock - USD 1 Quarter
Issuance of common stock, net of expenses ProceedsFromIssuanceOfCommonStock $52.96M USD 1 Quarter
Proceeds from repurchase agreements ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase $7.04B USD 1 Quarter
Proceeds from repurchase agreements ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase $42.46B USD 1 Quarter
Principal repayments on repurchase agreements PaymentsForSecuritiesSoldUnderAgreementsToRepurchase $7.77B USD 1 Quarter
Principal repayments on repurchase agreements PaymentsForSecuritiesSoldUnderAgreementsToRepurchase $50.35B USD 1 Quarter
Common stock dividends paid PaymentsOfDividendsCommonStock $20.06M USD 1 Quarter
Common stock dividends paid PaymentsOfDividendsCommonStock $30.38M USD 1 Quarter
Common stock repurchased, net PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Common stock repurchased, net PaymentsForRepurchaseOfCommonStock $777.00K USD 1 Quarter
Net cash and cash collateral posted to counterparties used in financing activities NetCashProvidedByUsedInFinancingActivities $-8.00B USD 1 Quarter
Net cash and cash collateral posted to counterparties used in financing activities NetCashProvidedByUsedInFinancingActivities $-666.68M USD 1 Quarter
Net Increase in cash and cash collateral posted to counterparties CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $158.68M USD 1 Quarter
Net Increase in cash and cash collateral posted to counterparties CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $411.07M USD 1 Quarter
Cash and cash collateral posted to counterparties - beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $684.23M 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 $171.67M USD Point-in-time
Cash and cash collateral posted to counterparties - beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $330.35M USD Point-in-time
Cash and cash collateral posted to counterparties - end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $684.23M 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 $171.67M USD Point-in-time
Cash and cash collateral posted to counterparties - end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $330.35M USD Point-in-time
Cash paid during the period for interest InterestPaidNet $4.19M USD 1 Quarter
Cash paid during the period for interest InterestPaidNet $139.31M USD 1 Quarter
Receivable for unsettled sales NoncashInvestingAndFinancingActivitiesReceivableForBrokerDealersAndClearingOrganizations $688.18M USD 1 Quarter
Receivable for unsettled sales NoncashInvestingAndFinancingActivitiesReceivableForBrokerDealersAndClearingOrganizations $358.67M USD 1 Quarter
Payable for unsettled purchases NoncashInvestingandFinancingActivitiesPayablestoBrokerDealersAndClearingOrganizations $295.99M USD 1 Quarter
Payable for unsettled purchases NoncashInvestingandFinancingActivitiesPayablestoBrokerDealersAndClearingOrganizations $470.44M USD 1 Quarter
Net unrealized loss on available for sale Agency Securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-38.14M USD 1 Quarter
Net unrealized loss on available for sale Agency Securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-34.88M USD 1 Quarter
Stockholders Equity 17 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquity $786.25M USD Point-in-time
Beginning balance StockholdersEquity $1.03B USD Point-in-time
Beginning balance StockholdersEquity $938.30M USD Point-in-time
Beginning balance StockholdersEquity $1.44B USD Point-in-time
Common stock dividends DividendsCommonStock $20.06M USD 1 Quarter
Common stock dividends DividendsCommonStock $30.38M USD 1 Quarter
Issuance of Series C Preferred stock, net of expenses StockIssuedDuringPeriodValueNewIssues $52.96M USD 1 Quarter
Stock based compensation, net of withholding requirements StockIssuedDuringPeriodValueShareBasedCompensation $1.00M USD 1 Quarter
Stock based compensation, net of withholding requirements StockIssuedDuringPeriodValueShareBasedCompensation $1.20M USD 1 Quarter
Net Income NetIncomeLoss $-406.66M USD 1 Quarter
Net Income NetIncomeLoss $71.33M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-130.46M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-42.23M USD 1 Quarter
Ending balance StockholdersEquity $786.25M USD Point-in-time
Ending balance StockholdersEquity $1.03B USD Point-in-time
Ending balance StockholdersEquity $938.30M USD Point-in-time
Ending balance StockholdersEquity $1.44B USD Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Net Income (Loss) NetIncomeLoss $-406.66M USD 1 Quarter
Net Income (Loss) NetIncomeLoss $71.33M USD 1 Quarter
Reclassification adjustment for realized gain on sale of available for sale Agency Securities OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $7.35M USD 1 Quarter
Reclassification adjustment for realized gain on sale of available for sale Agency Securities OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $93.33M USD 1 Quarter
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 1 Quarter
Net unrealized loss on available for sale Agency Securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-38.14M USD 1 Quarter
Net unrealized loss on available for sale Agency Securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-34.88M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-130.46M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-42.23M USD 1 Quarter
Comprehensive Income (Loss) ComprehensiveIncomeNetOfTax $29.09M USD 1 Quarter
Comprehensive Income (Loss) ComprehensiveIncomeNetOfTax $-537.12M USD 1 Quarter

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

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