10-Q Filing

ARMOUR RESIDENTIAL REIT, INC. CIK: 1428205 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001428205-22-000119`
Period End Date	20220630
Filing Date	20220727
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	arr-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 104 Cash Flow Statement 72 Stockholders Equity 40

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$337.66M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$209.13M	USD	Point-in-time
Cash collateral posted to counterparties	`CashCollateralForBorrowedSecurities`	$24.60M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash collateral posted to counterparties	`CashCollateralForBorrowedSecurities`	$18.55M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Receivable for unsettled sales	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$427.20M	USD	Point-in-time
Receivable for unsettled sales	`ReceivablesFromBrokersDealersAndClearingOrganizations`	-	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$772.45M	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$199.07M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$10.57M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$21.59M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Prepaid and other	`PrepaidExpenseAndOtherAssets`	$1.09M	USD	Point-in-time
Prepaid and other	`PrepaidExpenseAndOtherAssets`	$3.11M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	110.59M	shares	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, shares issued (in shares)	`CommonStockSharesIssued`	94.15M	shares	Point-in-time
Total Assets	`Assets`	$8.86B	USD	Point-in-time
Total Assets	`Assets`	$5.28B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	94.15M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	110.59M	shares	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$3.95B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$6.69B	USD	Point-in-time
Cash collateral posted by counterparties	`CashCollateralHeldForCounterparties`	$818.85M	USD	Point-in-time
Cash collateral posted by counterparties	`CashCollateralHeldForCounterparties`	$171.06M	USD	Point-in-time
Payable for unsettled purchases	`PayablesToBrokerDealersAndClearingOrganizations`	$358.75M	USD	Point-in-time
Payable for unsettled purchases	`PayablesToBrokerDealersAndClearingOrganizations`	-	USD	Point-in-time
Derivatives, at fair value	`DerivativeLiabilities`	$10.90M	USD	Point-in-time
Derivatives, at fair value	`DerivativeLiabilities`	$3.77M	USD	Point-in-time
Accrued interest payable- repurchase agreements	`InterestPayableSecuritiesSoldunderAgreementstoRepurchase`	$5.38M	USD	Point-in-time
Accrued interest payable- repurchase agreements	`InterestPayableSecuritiesSoldunderAgreementstoRepurchase`	$944.00K	USD	Point-in-time
Accounts payable and other accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$2.73M	USD	Point-in-time
Accounts payable and other accrued expenses	`AccountsPayableAndOtherAccruedLiabilities`	$5.01M	USD	Point-in-time
Total Liabilities	`Liabilities`	$7.88B	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.13B	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value, 200,000 shares authorized; shares and 94,152 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively.	`CommonStockValue`	$94.00K	USD	Point-in-time
Common stock, $0.001 par value, 200,000 shares authorized; shares and 94,152 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively.	`CommonStockValue`	$111.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.54B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.40B	USD	Point-in-time
Cumulative distributions to stockholders	`CumulativeDividends`	$1.84B	USD	Point-in-time
Cumulative distributions to stockholders	`CumulativeDividends`	$1.91B	USD	Point-in-time
Accumulated net loss	`RetainedEarningsAccumulatedDeficit`	$-653.63M	USD	Point-in-time
Accumulated net loss	`RetainedEarningsAccumulatedDeficit`	$-528.61M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.21M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$106.97M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.02B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$972.66M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.11B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$938.30M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.14B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$8.86B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$5.28B	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Interest Income	`InterestIncomeDebtSecuritiesOperating`	$81.42M	USD	2 Qtrs
Interest Income	`InterestIncomeDebtSecuritiesOperating`	$36.80M	USD	2 Qtrs
Interest Income	`InterestIncomeDebtSecuritiesOperating`	$18.22M	USD	1 Quarter
Interest Income	`InterestIncomeDebtSecuritiesOperating`	$48.08M	USD	1 Quarter
Interest expense	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$15.44M	USD	2 Qtrs
Interest expense	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$13.03M	USD	1 Quarter
Interest expense	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$4.06M	USD	2 Qtrs
Interest expense	`InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase`	$1.55M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$65.98M	USD	2 Qtrs
Net Interest Income	`InterestIncomeExpenseNet`	$16.67M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$35.05M	USD	1 Quarter
Net Interest Income	`InterestIncomeExpenseNet`	$32.73M	USD	2 Qtrs
Realized gain (loss) on sale of available for sale Agency Securities (reclassified from Comprehensive Loss)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$7.35M	USD	2 Qtrs
Realized gain (loss) on sale of available for sale Agency Securities (reclassified from Comprehensive Loss)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-7.50M	USD	1 Quarter
Realized gain (loss) on sale of available for sale Agency Securities (reclassified from Comprehensive Loss)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	-	USD	1 Quarter
Realized gain (loss) on sale of available for sale Agency Securities (reclassified from Comprehensive Loss)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-7.50M	USD	2 Qtrs
Gain (loss) on derivatives, net	`GainLossOnDerivativeInstrumentsNetPretax`	$-96.39M	USD	1 Quarter
Gain (loss) on derivatives, net	`GainLossOnDerivativeInstrumentsNetPretax`	$22.23M	USD	2 Qtrs
Gain (loss) on derivatives, net	`GainLossOnDerivativeInstrumentsNetPretax`	$450.91M	USD	2 Qtrs
Gain (loss) on derivatives, net	`GainLossOnDerivativeInstrumentsNetPretax`	$206.27M	USD	1 Quarter
Total Other Loss	`OtherOperatingIncomeLoss`	$-172.38M	USD	2 Qtrs
Total Other Loss	`OtherOperatingIncomeLoss`	$-84.23M	USD	1 Quarter
Total Other Loss	`OtherOperatingIncomeLoss`	$-77.21M	USD	1 Quarter
Total Other Loss	`OtherOperatingIncomeLoss`	$-13.85M	USD	2 Qtrs
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$8.30M	USD	1 Quarter
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$7.72M	USD	1 Quarter
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$15.15M	USD	2 Qtrs
Management fees	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$16.44M	USD	2 Qtrs
Compensation	`LaborAndRelatedExpense`	$2.82M	USD	2 Qtrs
Compensation	`LaborAndRelatedExpense`	$1.41M	USD	1 Quarter
Compensation	`LaborAndRelatedExpense`	$3.35M	USD	2 Qtrs
Compensation	`LaborAndRelatedExpense`	$1.68M	USD	1 Quarter
Other Operating	`OtherOperatingIncomeExpenseNet`	$-3.27M	USD	2 Qtrs
Other Operating	`OtherOperatingIncomeExpenseNet`	$-2.72M	USD	2 Qtrs
Other Operating	`OtherOperatingIncomeExpenseNet`	$-1.65M	USD	1 Quarter
Other Operating	`OtherOperatingIncomeExpenseNet`	$-1.34M	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$22.53M	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$10.74M	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$21.23M	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$11.35M	USD	1 Quarter
Less management fees waived	`InvestmentCompanyContractualFeeWaived`	$1.95M	USD	1 Quarter
Less management fees waived	`InvestmentCompanyContractualFeeWaived`	$2.10M	USD	1 Quarter
Less management fees waived	`InvestmentCompanyContractualFeeWaived`	$3.90M	USD	2 Qtrs
Less management fees waived	`InvestmentCompanyContractualFeeWaived`	$4.50M	USD	2 Qtrs
Total Expenses after fees waived	`ExpensesAfterFeesWaived`	$9.40M	USD	1 Quarter
Total Expenses after fees waived	`ExpensesAfterFeesWaived`	$18.63M	USD	2 Qtrs
Total Expenses after fees waived	`ExpensesAfterFeesWaived`	$8.64M	USD	1 Quarter
Total Expenses after fees waived	`ExpensesAfterFeesWaived`	$16.73M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$2.15M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-66.43M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-69.17M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$71.33M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-125.03M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-58.59M	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$3.00M	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$5.48M	USD	2 Qtrs
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$3.00M	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$5.99M	USD	2 Qtrs
Net Loss related to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-61.59M	USD	1 Quarter
Net Loss related to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-131.02M	USD	2 Qtrs
Net Loss related to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-72.17M	USD	1 Quarter
Net Loss related to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.33M	USD	2 Qtrs
Reclassification adjustment for realized (gain) loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-7.50M	USD	2 Qtrs
Reclassification adjustment for realized (gain) loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$7.35M	USD	2 Qtrs
Reclassification adjustment for realized (gain) loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment for realized (gain) loss on sale of available for sale Agency Securities	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-7.50M	USD	1 Quarter
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`	$-42.15M	USD	1 Quarter
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`	$-120.69M	USD	2 Qtrs
Other Comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-113.19M	USD	2 Qtrs
Other Comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-34.39M	USD	2 Qtrs
Other Comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.84M	USD	1 Quarter
Other Comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-42.23M	USD	1 Quarter
Other Comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-34.65M	USD	1 Quarter
Other Comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-78.54M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-238.21M	USD	2 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-61.33M	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-32.24M	USD	2 Qtrs
Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-93.24M	USD	1 Quarter
Comprehensive Loss related to common stockholders	`ComprehensiveIncomeLossNetOfTaxAvailableToCommonStockholders`	$-244.20M	USD	2 Qtrs
Comprehensive Loss related to common stockholders	`ComprehensiveIncomeLossNetOfTaxAvailableToCommonStockholders`	$-64.33M	USD	1 Quarter
Comprehensive Loss related to common stockholders	`ComprehensiveIncomeLossNetOfTaxAvailableToCommonStockholders`	$-37.72M	USD	2 Qtrs
Comprehensive Loss related to common stockholders	`ComprehensiveIncomeLossNetOfTaxAvailableToCommonStockholders`	$-96.24M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.58	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.05	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.29	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`	$-0.05	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.58	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.29	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`	$0.30	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`	101.40M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	106.51M	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`	106.51M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	101.40M	shares	2 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$2.15M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-66.43M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-69.17M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$71.33M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-125.03M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-58.59M	USD	1 Quarter
Net amortization of premium on Agency Securities	`AccretionAmortizationofDiscountsandPremiumsInvestmentsAvailableforSale`	$-28.18M	USD	2 Qtrs
Net amortization of premium on Agency Securities	`AccretionAmortizationofDiscountsandPremiumsInvestmentsAvailableforSale`	$-13.46M	USD	2 Qtrs
Realized (gain) loss on sale of Agency Securities, available for sale	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$7.35M	USD	2 Qtrs
Realized (gain) loss on sale of Agency Securities, available for sale	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-7.50M	USD	1 Quarter
Realized (gain) loss on sale of Agency Securities, available for sale	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	-	USD	1 Quarter
Realized (gain) loss on sale of Agency Securities, available for sale	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-7.50M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$2.40M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$1.89M	USD	2 Qtrs
(Increase) decrease in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$10.40M	USD	2 Qtrs
(Increase) decrease in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-2.98M	USD	2 Qtrs
(Increase) decrease in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-283.00K	USD	2 Qtrs
(Increase) decrease in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.01M	USD	2 Qtrs
Change in derivatives, at fair value	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$580.51M	USD	2 Qtrs
Change in derivatives, at fair value	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$36.16M	USD	2 Qtrs
Increase (decrease) in accrued interest payable- repurchase agreements	`IncreaseDecreaseInPayablesUnderRepurchaseAgreements`	$-1.08M	USD	2 Qtrs
Increase (decrease) in accrued interest payable- repurchase agreements	`IncreaseDecreaseInPayablesUnderRepurchaseAgreements`	$4.44M	USD	2 Qtrs
Increase in accounts payable and other accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.28M	USD	2 Qtrs
Increase in accounts payable and other accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.07M	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`	$-73.76M	USD	2 Qtrs
Purchases of Agency Securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$469.51M	USD	2 Qtrs
Purchases of Agency Securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$5.48B	USD	2 Qtrs
Principal repayments of Agency Securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$287.46M	USD	2 Qtrs
Principal repayments of Agency Securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$502.64M	USD	2 Qtrs
Proceeds from sales of Agency Securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.20B	USD	2 Qtrs
Proceeds from sales of Agency Securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$901.05M	USD	2 Qtrs
Disbursements on reverse repurchase agreements	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$391.12M	USD	2 Qtrs
Disbursements on reverse repurchase agreements	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	-	USD	2 Qtrs
Receipts from reverse repurchase agreements	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	-	USD	2 Qtrs
Receipts from reverse repurchase agreements	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$391.12M	USD	2 Qtrs
Increase in cash collateral posted by counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	$62.19M	USD	2 Qtrs
Increase in cash collateral posted by counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	$647.79M	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$996.34M	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.86B	USD	2 Qtrs
Issuance of common stock, net of expenses	`ProceedsFromIssuanceOfCommonStock`	$134.14M	USD	2 Qtrs
Issuance of common stock, net of expenses	`ProceedsFromIssuanceOfCommonStock`	$212.22M	USD	2 Qtrs
Proceeds from repurchase agreements	`ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase`	$15.55B	USD	2 Qtrs
Proceeds from repurchase agreements	`ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase`	$34.68B	USD	2 Qtrs
Principal repayments on repurchase agreements	`PaymentsForSecuritiesSoldUnderAgreementsToRepurchase`	$16.42B	USD	2 Qtrs
Principal repayments on repurchase agreements	`PaymentsForSecuritiesSoldUnderAgreementsToRepurchase`	$31.94B	USD	2 Qtrs
Series C Preferred stock dividends paid	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$5.99M	USD	2 Qtrs
Series C Preferred stock dividends paid	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$5.48M	USD	2 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$61.27M	USD	2 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$43.25M	USD	2 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$1.54M	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.81B	USD	2 Qtrs
Net cash and cash collateral posted to counterparties provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-674.62M	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`	$-122.48M	USD	2 Qtrs
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`	$233.73M	USD	Point-in-time
Cash and cash collateral posted to counterparties - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$356.22M	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 - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.67M	USD	Point-in-time
Cash and cash collateral posted to counterparties - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.73M	USD	Point-in-time
Cash and cash collateral posted to counterparties - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$356.22M	USD	Point-in-time
Cash and cash collateral posted to counterparties - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$530.30M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$33.48M	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	$9.70M	USD	2 Qtrs
Receivable for unsettled sales	`NoncashInvestingAndFinancingActivitiesReceivableForBrokerDealersAndClearingOrganizations`	$427.20M	USD	2 Qtrs
Receivable for unsettled sales	`NoncashInvestingAndFinancingActivitiesReceivableForBrokerDealersAndClearingOrganizations`	-	USD	2 Qtrs
Payable for unsettled purchases	`NoncashInvestingandFinancingActivitiesPayablestoBrokerDealersAndClearingOrganizations`	$358.75M	USD	2 Qtrs
Payable for unsettled purchases	`NoncashInvestingandFinancingActivitiesPayablestoBrokerDealersAndClearingOrganizations`	$206.13M	USD	2 Qtrs
Net unrealized loss on available for sale Agency Securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-27.04M	USD	2 Qtrs
Net unrealized loss on available for sale Agency Securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-120.69M	USD	2 Qtrs

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, common (in shares)	`CommonStockSharesOutstanding`	94.15M	shares	Point-in-time
Beginning balance, common (in shares)	`CommonStockSharesOutstanding`	110.59M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.03B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.02B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$972.66M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$938.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-238.21M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-61.33M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-32.24M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-93.24M	USD	1 Quarter
Issuance of common stock, net	`StockIssuedDuringPeriodValueNewIssues`	$134.14M	USD	2 Qtrs
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.21M	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$935.00K	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.20M	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.89M	USD	2 Qtrs
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$959.00K	USD	1 Quarter
Stock based compensation, net of withholding requirements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.40M	USD	2 Qtrs
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	-	USD	2 Qtrs
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	$1.54M	USD	2 Qtrs
Common stock repurchased	`StockRepurchasedDuringPeriodValue`	$1.54M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStock`	$5.99M	USD	2 Qtrs
Common stock dividends	`DividendsCommonStock`	$23.20M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$43.25M	USD	2 Qtrs
Common stock dividends	`DividendsCommonStock`	$20.06M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$29.11M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$61.27M	USD	2 Qtrs
Common stock dividends	`DividendsCommonStock`	$32.16M	USD	1 Quarter
Ending balance, common (in shares)	`CommonStockSharesOutstanding`	94.15M	shares	Point-in-time
Ending balance, common (in shares)	`CommonStockSharesOutstanding`	110.59M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.03B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.02B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$972.66M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$938.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.14B	USD	Point-in-time

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