10-Q Filing

ARMOUR RESIDENTIAL REIT, INC. CIK: 1428205 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001428205-21-000203`
Period End Date	20210630
Filing Date	20210722
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	arr-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 124 Cash Flow Statement 80 Stockholders Equity 35 Comprehensive Income 28

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Agency securities, pledged securities	`PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment`	$4.73B	USD	Point-in-time
Agency securities, pledged securities	`PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment`	$3.81B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$500.32M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$167.67M	USD	Point-in-time
Cash collateral posted to counterparties	`CashCollateralForBorrowedSecurities`	$4.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash collateral posted to counterparties	`CashCollateralForBorrowedSecurities`	$29.98M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Agency Securities (including pledged securities of $3,812,850 at June 30, 2021 and $4,726,584 at December 31, 2020)	`DebtSecuritiesAvailableforSaleandTradingAgencySecurities`	$5.18B	USD	Point-in-time
Agency Securities (including pledged securities of $3,812,850 at June 30, 2021 and $4,726,584 at December 31, 2020)	`DebtSecuritiesAvailableforSaleandTradingAgencySecurities`	$4.35B	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$54.69M	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$138.90M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$10.03M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$12.83M	USD	Point-in-time
Prepaid and other	`PrepaidExpenseAndOtherAssets`	$1.98M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid and other	`PrepaidExpenseAndOtherAssets`	$1.69M	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`	65.29M	shares	Point-in-time
Total Assets	`Assets`	$5.52B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	83.10M	shares	Point-in-time
Total Assets	`Assets`	$5.14B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	65.29M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	83.10M	shares	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$3.66B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$4.54B	USD	Point-in-time
Cash collateral posted by counterparties	`CashCollateralHeldForCounterparties`	$106.90M	USD	Point-in-time
Cash collateral posted by counterparties	`CashCollateralHeldForCounterparties`	$44.70M	USD	Point-in-time
Payable for unsettled purchases	`PayablesToBrokerDealersAndClearingOrganizations`	$206.13M	USD	Point-in-time
Payable for unsettled purchases	`PayablesToBrokerDealersAndClearingOrganizations`	-	USD	Point-in-time
Derivatives, at fair value	`DerivativeLiabilities`	$49.27M	USD	Point-in-time
Derivatives, at fair value	`DerivativeLiabilities`	$1.22M	USD	Point-in-time
Accrued interest payable- repurchase agreements	`InterestPayableSecuritiesSoldunderAgreementstoRepurchase`	$548.00K	USD	Point-in-time
Accrued interest payable- repurchase agreements	`InterestPayableSecuritiesSoldunderAgreementstoRepurchase`	$1.62M	USD	Point-in-time
Accounts payable and other accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$4.64M	USD	Point-in-time
Accounts payable and other accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$2.57M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.59B	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.03B	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, 83,098 and 65,290 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$83.00K	USD	Point-in-time
Common stock, $0.001 par value, 125,000 shares authorized, 83,098 and 65,290 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$65.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.03B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.28B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.32B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.27B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$144.64M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$179.03M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.11B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$786.25M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$851.23M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$938.30M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$5.14B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$5.52B	USD	Point-in-time

Income Statement 124 line items

Line Item	Tag	Value	Unit	Period
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`	$36.76M	USD	2 Qtrs
Agency Securities, net of amortization of premium and fees	`InterestIncomeDebtSecuritiesAvailableForSaleOperating`	$18.20M	USD	1 Quarter
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$28.55M	USD	1 Quarter
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$18.22M	USD	1 Quarter
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$121.41M	USD	2 Qtrs
Total Interest Income	`InterestIncomeDebtSecuritiesOperating`	$36.80M	USD	2 Qtrs
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$5.39M	USD	1 Quarter
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$3.98M	USD	2 Qtrs
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$1.55M	USD	1 Quarter
Interest expense- repurchase agreements	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$56.91M	USD	2 Qtrs
Interest expense- U.S. Treasury Securities sold short	`InterestExpenseUSTreasurySecuritiesSoldShort`	$87.00K	USD	2 Qtrs
Interest expense- U.S. Treasury Securities sold short	`InterestExpenseUSTreasurySecuritiesSoldShort`	-	USD	1 Quarter
Interest expense- U.S. Treasury Securities sold short	`InterestExpenseUSTreasurySecuritiesSoldShort`	$32.00K	USD	1 Quarter
Interest expense- U.S. Treasury Securities sold short	`InterestExpenseUSTreasurySecuritiesSoldShort`	$32.00K	USD	2 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$64.47M	USD	2 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$23.13M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$32.73M	USD	2 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$16.67M	USD	1 Quarter
Realized gain on sale of available for sale Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$7.35M	USD	2 Qtrs
Realized gain on sale of available for sale Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$36.01M	USD	1 Quarter
Realized gain on sale of available for sale Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	-	USD	1 Quarter
Realized gain on sale of available for sale Agency Securities (reclassified from Other comprehensive income (loss))	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$129.33M	USD	2 Qtrs
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	1 Quarter
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	$1.01M	USD	2 Qtrs
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	2 Qtrs
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	3 Qtrs
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	1 Quarter
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	$1.01M	USD	1 Quarter
Gain (loss) on Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	$19.18M	USD	1 Quarter
Gain (loss) on Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	$7.91M	USD	1 Quarter
Gain (loss) on Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	$-43.40M	USD	2 Qtrs
Gain (loss) on Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	$7.91M	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
Loss on short sale of U.S. Treasury Securities	`ShortSaleofUSTreasurySecuritiesUnrealizedGainLoss`	$-28.00K	USD	2 Qtrs
Loss on short sale of U.S. Treasury Securities	`ShortSaleofUSTreasurySecuritiesUnrealizedGainLoss`	$-414.00K	USD	1 Quarter
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$19.18M	USD	1 Quarter
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$-25.33M	USD	2 Qtrs
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$-36.08M	USD	2 Qtrs
Subtotal	`GainLossonAvailableforsaleSecuritiesandShortSales`	$43.70M	USD	1 Quarter
Realized loss on derivatives	`GainLossOnOilAndGasHedgingActivity`	$-415.72M	USD	2 Qtrs
Realized loss on derivatives	`GainLossOnOilAndGasHedgingActivity`	$-3.65M	USD	1 Quarter
Realized loss on derivatives	`GainLossOnOilAndGasHedgingActivity`	$-31.01M	USD	2 Qtrs
Realized loss on derivatives	`GainLossOnOilAndGasHedgingActivity`	$-180.57M	USD	1 Quarter
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$53.24M	USD	2 Qtrs
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$39.44M	USD	2 Qtrs
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$-92.74M	USD	1 Quarter
Unrealized gain (loss) on derivatives	`UnrealizedGainLossOnDerivatives`	$173.32M	USD	1 Quarter
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$-96.39M	USD	1 Quarter
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$-7.24M	USD	1 Quarter
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$-376.28M	USD	2 Qtrs
Subtotal	`GainLossOnDerivativeInstrumentsNetPretax`	$22.23M	USD	2 Qtrs
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$-401.61M	USD	2 Qtrs
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$-77.21M	USD	1 Quarter
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$36.45M	USD	1 Quarter
Total Other Income (Loss)	`OtherOperatingIncomeLoss`	$-13.85M	USD	2 Qtrs
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$14.84M	USD	2 Qtrs
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$7.72M	USD	1 Quarter
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$15.15M	USD	2 Qtrs
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$7.38M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$1.33M	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$2.50M	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$1.65M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$590.00K	USD	1 Quarter
Insurance	`GeneralInsuranceExpense`	$183.00K	USD	1 Quarter
Insurance	`GeneralInsuranceExpense`	$388.00K	USD	2 Qtrs
Insurance	`GeneralInsuranceExpense`	$366.00K	USD	2 Qtrs
Insurance	`GeneralInsuranceExpense`	$195.00K	USD	1 Quarter
Compensation	`LaborAndRelatedExpense`	$1.68M	USD	1 Quarter
Compensation	`LaborAndRelatedExpense`	$1.36M	USD	1 Quarter
Compensation	`LaborAndRelatedExpense`	$2.82M	USD	2 Qtrs
Compensation	`LaborAndRelatedExpense`	$3.35M	USD	2 Qtrs
Other	`OtherOperatingIncomeExpenseNet`	$-205.00K	USD	1 Quarter
Other	`OtherOperatingIncomeExpenseNet`	$-1.01M	USD	2 Qtrs
Other	`OtherOperatingIncomeExpenseNet`	$-558.00K	USD	1 Quarter
Other	`OtherOperatingIncomeExpenseNet`	$-187.00K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$10.78M	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$21.23M	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$10.74M	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$20.71M	USD	2 Qtrs
Less management fees waived	`InvestmentCompanyContractualFeeWaived`	$4.50M	USD	2 Qtrs
Less management fees waived	`InvestmentCompanyContractualFeeWaived`	$2.95M	USD	1 Quarter
Less management fees waived	`InvestmentCompanyContractualFeeWaived`	$2.95M	USD	2 Qtrs
Less management fees waived	`InvestmentCompanyContractualFeeWaived`	$2.10M	USD	1 Quarter
Total Expenses after fees waived	`ExpensesAfterFeesWaived`	$8.64M	USD	1 Quarter
Total Expenses after fees waived	`ExpensesAfterFeesWaived`	$17.77M	USD	2 Qtrs
Total Expenses after fees waived	`ExpensesAfterFeesWaived`	$16.73M	USD	2 Qtrs
Total Expenses after fees waived	`ExpensesAfterFeesWaived`	$7.83M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$51.75M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-354.91M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$2.15M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-69.17M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$71.33M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-406.66M	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$3.00M	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$5.15M	USD	2 Qtrs
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$5.48M	USD	2 Qtrs
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$2.32M	USD	1 Quarter
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-72.17M	USD	1 Quarter
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.33M	USD	2 Qtrs
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-360.06M	USD	2 Qtrs
Net Income (Loss) available (related) to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$49.43M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.78	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.05	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-5.87	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.95	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.95	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.77	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.05	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-5.87	USD	2 Qtrs
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`	$0.60	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`	$0.30	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	76.06M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.04M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	61.31M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	63.74M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.04M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	76.06M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	64.34M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.31M	shares	2 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$51.75M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-354.91M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$2.15M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-69.17M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$71.33M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-406.66M	USD	1 Quarter
Net amortization of premium on Agency Securities	`AccretionAmortizationofDiscountsandPremiumsInvestmentsAvailableforSale`	$-28.18M	USD	2 Qtrs
Net amortization of premium on Agency Securities	`AccretionAmortizationofDiscountsandPremiumsInvestmentsAvailableforSale`	$-23.36M	USD	2 Qtrs
Realized gain on sale of Agency Securities, available for sale	`DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment`	$7.35M	USD	2 Qtrs
Realized gain on sale of Agency Securities, available for sale	`DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment`	$129.33M	USD	2 Qtrs
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	1 Quarter
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	$1.01M	USD	2 Qtrs
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	2 Qtrs
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	3 Qtrs
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	1 Quarter
Credit loss expense	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	$1.01M	USD	1 Quarter
Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	$19.18M	USD	1 Quarter
Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	$7.91M	USD	1 Quarter
Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	$-43.40M	USD	2 Qtrs
Agency Securities, trading	`DebtSecuritiesTradingGainLoss`	$7.91M	USD	2 Qtrs
Loss on short sale of U.S. Treasury Securities	`GainLossonShortSaleofUSTreasurySecurities`	$-28.00K	USD	2 Qtrs
Loss on short sale of U.S. Treasury Securities	`GainLossonShortSaleofUSTreasurySecurities`	$-414.00K	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$2.40M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$2.02M	USD	2 Qtrs
Increase in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-22.03M	USD	2 Qtrs
Increase in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-2.98M	USD	2 Qtrs
Increase in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-6.60M	USD	2 Qtrs
Increase in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-283.00K	USD	2 Qtrs
Change in derivatives, at fair value	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$39.65M	USD	2 Qtrs
Change in derivatives, at fair value	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$36.16M	USD	2 Qtrs
Decrease in accrued interest payable- repurchase agreements	`IncreaseDecreaseInPayablesUnderRepurchaseAgreements`	$-31.26M	USD	2 Qtrs
Decrease in accrued interest payable- repurchase agreements	`IncreaseDecreaseInPayablesUnderRepurchaseAgreements`	$-1.08M	USD	2 Qtrs
Increase in accounts payable and other accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.07M	USD	2 Qtrs
Increase in accounts payable and other accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$977.00K	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.92M	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-347.93M	USD	2 Qtrs
Purchases of Agency Securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$469.51M	USD	2 Qtrs
Purchases of Agency Securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$4.73B	USD	2 Qtrs
Principal repayments of Agency Securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$502.64M	USD	2 Qtrs
Principal repayments of Agency Securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$666.16M	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`	-	USD	2 Qtrs
Proceeds from sales of Agency Securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$901.05M	USD	2 Qtrs
Proceeds from sales of Agency Securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$10.86B	USD	2 Qtrs
Disbursements on reverse repurchase agreements	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$858.16M	USD	2 Qtrs
Disbursements on reverse repurchase agreements	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$391.12M	USD	2 Qtrs
Receipts from reverse repurchase agreements	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$858.16M	USD	2 Qtrs
Receipts from reverse repurchase agreements	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$391.12M	USD	2 Qtrs
Increase (decrease) in cash collateral posted by counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	$-6.77M	USD	2 Qtrs
Increase (decrease) in cash collateral posted by counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	$62.19M	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$7.45B	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$996.34M	USD	2 Qtrs
Issuance of common stock, net of expenses	`ProceedsFromIssuanceOfCommonStock`	$212.22M	USD	2 Qtrs
Issuance of common stock, net of expenses	`ProceedsFromIssuanceOfCommonStock`	$48.89M	USD	2 Qtrs
Proceeds from repurchase agreements	`ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase`	$15.55B	USD	2 Qtrs
Proceeds from repurchase agreements	`ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase`	$53.58B	USD	2 Qtrs
Principal repayments on repurchase agreements	`PaymentsForSecuritiesSoldUnderAgreementsToRepurchase`	$16.42B	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`	$43.25M	USD	2 Qtrs
Common stock repurchased, net	`PaymentsForRepurchaseOfCommonStock`	$777.00K	USD	2 Qtrs
Common stock repurchased, net	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Net cash and cash collateral posted to counterparties used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-674.62M	USD	2 Qtrs
Net cash and cash collateral posted to counterparties used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.19B	USD	2 Qtrs
Net Increase (decrease) in cash and cash collateral posted to counterparties	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$358.64M	USD	2 Qtrs
Net Increase (decrease) in cash and cash collateral posted to counterparties	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-92.45M	USD	2 Qtrs
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`	$530.30M	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`	$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`	$530.30M	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`	$180.72M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$9.70M	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	$166.36M	USD	2 Qtrs
Payable for unsettled purchases	`NoncashInvestingandFinancingActivitiesPayablestoBrokerDealersAndClearingOrganizations`	$206.13M	USD	2 Qtrs
Payable for unsettled purchases	`NoncashInvestingandFinancingActivitiesPayablestoBrokerDealersAndClearingOrganizations`	$443.52M	USD	2 Qtrs
Net unrealized loss on available for sale Agency Securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-30.49M	USD	2 Qtrs
Net unrealized loss on available for sale Agency Securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-27.04M	USD	2 Qtrs

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$786.25M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$851.23M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$938.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.03B	USD	Point-in-time
Common stock dividends	`DividendsCommonStock`	$43.25M	USD	2 Qtrs
Common stock dividends	`DividendsCommonStock`	$30.38M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$20.06M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$5.88M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$23.20M	USD	1 Quarter
Issuance of stock, net	`StockIssuedDuringPeriodValueNewIssues`	$212.22M	USD	2 Qtrs
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.21M	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.40M	USD	2 Qtrs
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.20M	USD	1 Quarter
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
Net Income	`NetIncomeLoss`	$51.75M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$-354.91M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$2.15M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$-69.17M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$71.33M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$-406.66M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-130.46M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.84M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-34.39M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.35M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-42.23M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-158.81M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$786.25M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$851.23M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$938.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.03B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$51.75M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-354.91M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$2.15M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-69.17M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$71.33M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-406.66M	USD	1 Quarter
Reclassification adjustment for realized gain on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$129.33M	USD	2 Qtrs
Reclassification adjustment for realized gain on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$36.01M	USD	1 Quarter
Reclassification adjustment for realized gain on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment for realized gain on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$7.35M	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`	$-27.04M	USD	2 Qtrs
Net unrealized gain (loss) on available for sale Agency Securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$7.84M	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`	$7.65M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-130.46M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.84M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-34.39M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.35M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-42.23M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-158.81M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-32.24M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-61.33M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$23.39M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-513.72M	USD	2 Qtrs

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