◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...

10-Q Filing

ELLINGTON CREDIT CO CIK: 1560672 Q1 2021
Filing Information
Form Type 10-Q
Accession Number 0001560672-21-000041
Period End Date 20210331
Filing Date 20210510
Fiscal Year 2021
Fiscal Period Q1
XBRL Instance earn-20210331_htm.xml
Filing Contents
Balance Sheet 73 line items
Line Item Tag Value Unit Period
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $35.35M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 100.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 100.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $59.67M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $58.17M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $52.50M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Mortgage-backed securities, at fair value(1) FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue $1.20B USD Point-in-time
Mortgage-backed securities, at fair value(1) FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue $1.08B USD Point-in-time
Other investments, at fair value FinancialInstrumentsOwnedOtherAtFairValue $292.00K USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Other investments, at fair value FinancialInstrumentsOwnedOtherAtFairValue $289.00K USD Point-in-time
Due from brokers DuefromBrokers $57.38M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Due from brokers DuefromBrokers $47.80M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Financial derivativesassets, at fair value DerivativeAssets $11.41M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 500.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 500.00M shares Point-in-time
Financial derivativesassets, at fair value DerivativeAssets $2.79M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 12.34M shares Point-in-time
Reverse repurchase agreements SecuritiesPurchasedUnderAgreementsToResell - USD Point-in-time
Reverse repurchase agreements SecuritiesPurchasedUnderAgreementsToResell $98.90M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 12.34M shares Point-in-time
Receivable for securities sold Receivableforsecuritiessold - USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 12.46M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 12.32M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 12.34M shares Point-in-time
Receivable for securities sold Receivableforsecuritiessold $2.19M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 12.34M shares Point-in-time
Interest receivable InterestReceivable $4.11M USD Point-in-time
Interest receivable InterestReceivable $4.13M USD Point-in-time
Other assets OtherAssets $651.00K USD Point-in-time
Other assets OtherAssets $270.00K USD Point-in-time
Total Assets Assets $1.19B USD Point-in-time
Total Assets Assets $1.43B USD Point-in-time
Repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $1.11B USD Point-in-time
Repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $1.02B USD Point-in-time
Payable for securities purchased PayablesToBrokerDealersAndClearingOrganizations - USD Point-in-time
Payable for securities purchased PayablesToBrokerDealersAndClearingOrganizations $146.18M USD Point-in-time
Due to brokers Duetobrokers $1.06M USD Point-in-time
Due to brokers Duetobrokers $3.46M USD Point-in-time
Financial derivativesliabilities, at fair value DerivativeLiabilities $7.09M USD Point-in-time
Financial derivativesliabilities, at fair value DerivativeLiabilities $6.63M USD Point-in-time
Dividend payable DividendsPayableCurrentAndNoncurrent $3.46M USD Point-in-time
Dividend payable DividendsPayableCurrentAndNoncurrent $3.45M USD Point-in-time
Dividend payable DividendsPayableCurrentAndNoncurrent $3.46M USD Point-in-time
Accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $811.00K USD Point-in-time
Accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $918.00K USD Point-in-time
Management fee payable to affiliate ManagementFeePayable $614.00K USD Point-in-time
Management fee payable to affiliate ManagementFeePayable $626.00K USD Point-in-time
Interest payable InterestPayableCurrentAndNoncurrent $613.00K USD Point-in-time
Interest payable InterestPayableCurrentAndNoncurrent $470.00K USD Point-in-time
Total Liabilities Liabilities $1.27B USD Point-in-time
Total Liabilities Liabilities $1.03B USD Point-in-time
Preferred shares, par value $0.01 per share, 100,000,000 shares authorized; (0 shares issued and outstanding, respectively) PreferredStockValue - USD Point-in-time
Preferred shares, par value $0.01 per share, 100,000,000 shares authorized; (0 shares issued and outstanding, respectively) PreferredStockValue - USD Point-in-time
Common shares, par value $0.01 per share, 500,000,000 shares authorized; (12,343,542 and 12,343,542 shares issued and outstanding, respectively) CommonStockValue $123.00K USD Point-in-time
Common shares, par value $0.01 per share, 500,000,000 shares authorized; (12,343,542 and 12,343,542 shares issued and outstanding, respectively) CommonStockValue $123.00K USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapital $229.61M USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapital $229.68M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-66.66M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-63.34M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $160.84M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $139.72M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $163.14M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $166.40M USD Point-in-time
Total Liabilities and Shareholders' Equity LiabilitiesAndStockholdersEquity $1.19B USD Point-in-time
Total Liabilities and Shareholders' Equity LiabilitiesAndStockholdersEquity $1.43B USD Point-in-time
Income Statement 32 line items
Line Item Tag Value Unit Period
Interest income InterestIncomeOperating $9.88M USD 1 Quarter
Interest income InterestIncomeOperating $6.54M USD 1 Quarter
Interest expense Interestexpensegross $6.10M USD 1 Quarter
Interest expense Interestexpensegross $781.00K USD 1 Quarter
Total net interest income InterestIncomeExpenseNet $3.78M USD 1 Quarter
Total net interest income InterestIncomeExpenseNet $5.75M USD 1 Quarter
Management fees to affiliate ManagementFeeExpense $526.00K USD 1 Quarter
Management fees to affiliate ManagementFeeExpense $614.00K USD 1 Quarter
Professional fees ProfessionalFees $208.00K USD 1 Quarter
Professional fees ProfessionalFees $271.00K USD 1 Quarter
Compensation expense SalariesAndWages $177.00K USD 1 Quarter
Compensation expense SalariesAndWages $151.00K USD 1 Quarter
Insurance expense GeneralInsuranceExpense $76.00K USD 1 Quarter
Insurance expense GeneralInsuranceExpense $86.00K USD 1 Quarter
Other operating expenses OtherExpenses $317.00K USD 1 Quarter
Other operating expenses OtherExpenses $327.00K USD 1 Quarter
Total expenses OperatingExpenses $1.29M USD 1 Quarter
Total expenses OperatingExpenses $1.47M USD 1 Quarter
Net realized gains (losses) on securities RealizedInvestmentGainsLosses $1.09M USD 1 Quarter
Net realized gains (losses) on securities RealizedInvestmentGainsLosses $3.08M USD 1 Quarter
Net realized gains (losses) on financial derivatives Netrealizedgainslossesonfinancialderivatives $-5.15M USD 1 Quarter
Net realized gains (losses) on financial derivatives Netrealizedgainslossesonfinancialderivatives $-6.50M USD 1 Quarter
Change in net unrealized gains (losses) on securities UnrealizedGainLossOnSecurities $-10.31M USD 1 Quarter
Change in net unrealized gains (losses) on securities UnrealizedGainLossOnSecurities $6.77M USD 1 Quarter
Change in net unrealized gains (losses) on financial derivatives UnrealizedGainLossOnDerivatives $-20.60M USD 1 Quarter
Change in net unrealized gains (losses) on financial derivatives UnrealizedGainLossOnDerivatives $8.21M USD 1 Quarter
Total other income (loss) NetRealizedandUnrealizedGainLossOnInvestmentsandFinancialDerivatives $-19.24M USD 1 Quarter
Total other income (loss) NetRealizedandUnrealizedGainLossOnInvestmentsandFinancialDerivatives $-4.16M USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $-16.75M USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $127.00K USD 1 Quarter
Basic and Diluted (in dollars per share) EarningsPerShareBasic $0.01 USD 1 Quarter
Basic and Diluted (in dollars per share) EarningsPerShareBasic $-1.35 USD 1 Quarter
Cash Flow Statement 81 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $-16.75M USD 1 Quarter
Net income (loss) NetIncomeLoss $127.00K USD 1 Quarter
Net realized (gains) losses on securities RealizedInvestmentGainsLosses $1.09M USD 1 Quarter
Net realized (gains) losses on securities RealizedInvestmentGainsLosses $3.08M USD 1 Quarter
Change in net unrealized (gains) losses on securities UnrealizedGainLossOnSecurities $-10.31M USD 1 Quarter
Change in net unrealized (gains) losses on securities UnrealizedGainLossOnSecurities $6.77M USD 1 Quarter
Net realized (gains) losses on financial derivatives Netrealizedgainslossesonfinancialderivatives $-5.15M USD 1 Quarter
Net realized (gains) losses on financial derivatives Netrealizedgainslossesonfinancialderivatives $-6.50M USD 1 Quarter
Change in net unrealized (gains) losses on financial derivatives UnrealizedGainLossOnDerivatives $-20.60M USD 1 Quarter
Change in net unrealized (gains) losses on financial derivatives UnrealizedGainLossOnDerivatives $8.21M USD 1 Quarter
Amortization of premiums and accretion of discounts, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-2.62M USD 1 Quarter
Amortization of premiums and accretion of discounts, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-3.50M USD 1 Quarter
Share based compensation ShareBasedCompensation $59.00K USD 1 Quarter
Share based compensation ShareBasedCompensation $66.00K USD 1 Quarter
Interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-797.00K USD 1 Quarter
Interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $18.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $311.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $263.00K USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-107.00K USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $102.00K USD 1 Quarter
Interest payable Increasedecreaseininterestpayable $-1.05M USD 1 Quarter
Interest payable Increasedecreaseininterestpayable $143.00K USD 1 Quarter
Management fees payable to affiliate IncreaseDecreaseInManagementFeePayable $-12.00K USD 1 Quarter
Management fees payable to affiliate IncreaseDecreaseInManagementFeePayable $-79.00K USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $5.56M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $6.67M USD 1 Quarter
Purchases of securities PaymentsToAcquireInvestments $199.73M USD 1 Quarter
Purchases of securities PaymentsToAcquireInvestments $232.33M USD 1 Quarter
Proceeds from sale of securities ProceedsFromSaleOfOtherInvestments $398.33M USD 1 Quarter
Proceeds from sale of securities ProceedsFromSaleOfOtherInvestments $29.98M USD 1 Quarter
Principal repayments of mortgage-backed securities PrincipalRepaymentsOfSecurities $66.57M USD 1 Quarter
Principal repayments of mortgage-backed securities PrincipalRepaymentsOfSecurities $79.11M USD 1 Quarter
Proceeds from investments sold short InvestmentSoldNotYetPurchasedSaleProceeds $133.60M USD 1 Quarter
Proceeds from investments sold short InvestmentSoldNotYetPurchasedSaleProceeds $190.11M USD 1 Quarter
Repurchase of investments sold short Repurchaseofinvestmentssoldshort $136.36M USD 1 Quarter
Repurchase of investments sold short Repurchaseofinvestmentssoldshort $88.57M USD 1 Quarter
Proceeds from disposition of financial derivatives ProceedsFromDerivativeInstrumentInvestingActivities $5.11M USD 1 Quarter
Proceeds from disposition of financial derivatives ProceedsFromDerivativeInstrumentInvestingActivities $7.28M USD 1 Quarter
Purchase of financial derivatives PaymentsForDerivativeInstrumentInvestingActivities $14.06M USD 1 Quarter
Purchase of financial derivatives PaymentsForDerivativeInstrumentInvestingActivities $8.25M USD 1 Quarter
Payments made on reverse repurchase agreements PaymentsForSecuritiesPurchasedUnderAgreementsToResell $2.67B USD 1 Quarter
Payments made on reverse repurchase agreements PaymentsForSecuritiesPurchasedUnderAgreementsToResell $2.48B USD 1 Quarter
Proceeds from reverse repurchase agreements ProceedsFromSecuritiesPurchasedUnderAgreementsToResell $2.48B USD 1 Quarter
Proceeds from reverse repurchase agreements ProceedsFromSecuritiesPurchasedUnderAgreementsToResell $2.57B USD 1 Quarter
Due from brokers, net Duefrombrokersnetinvestingactivities $-4.64M USD 1 Quarter
Due from brokers, net Duefrombrokersnetinvestingactivities $17.46M USD 1 Quarter
Due to brokers, net Duetobrokersnetinvestingactivities $276.00K USD 1 Quarter
Due to brokers, net Duetobrokersnetinvestingactivities $347.00K USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $205.71M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-86.16M USD 1 Quarter
Offering costs paid PaymentsOfStockIssuanceCosts - USD 1 Quarter
Offering costs paid PaymentsOfStockIssuanceCosts $70.00K USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $986.00K USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Dividends paid PaymentsOfDividends $3.49M USD 1 Quarter
Dividends paid PaymentsOfDividends $3.46M USD 1 Quarter
Borrowings under repurchase agreements Borrowingsunderrepurchaseagreements $598.92M USD 1 Quarter
Borrowings under repurchase agreements Borrowingsunderrepurchaseagreements $433.56M USD 1 Quarter
Repayments of repurchase agreements Repaymentsofrepurchaseagreements $342.08M USD 1 Quarter
Repayments of repurchase agreements Repaymentsofrepurchaseagreements $785.85M USD 1 Quarter
Due from brokers, net Duefrombrokersnetfinancingactivities $14.13M USD 1 Quarter
Due from brokers, net Duefrombrokersnetfinancingactivities $-4.08M USD 1 Quarter
Due to brokers, net Duetobrokersnetfinancingactivities $379.00K USD 1 Quarter
Due to brokers, net Duetobrokersnetfinancingactivities - USD 1 Quarter
Cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $73.83M USD 1 Quarter
Cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-186.95M USD 1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $24.32M USD 1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $-5.67M USD 1 Quarter
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $35.35M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $59.67M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $58.17M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $52.50M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $35.35M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $59.67M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $58.17M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $52.50M USD Point-in-time
Interest paid InterestPaidNet $639.00K USD 1 Quarter
Interest paid InterestPaidNet $7.15M USD 1 Quarter
Dividend payable DividendsPayableCurrentAndNoncurrent $3.46M USD Point-in-time
Dividend payable DividendsPayableCurrentAndNoncurrent $3.45M USD Point-in-time
Dividend payable DividendsPayableCurrentAndNoncurrent $3.46M USD Point-in-time
Stockholders Equity 21 line items
Line Item Tag Value Unit Period
Common Stock, Dividends, Per Share, Declared CommonStockDividendsPerShareDeclared $0.28 USD 1 Quarter
Common Stock, Dividends, Per Share, Declared CommonStockDividendsPerShareDeclared $0.28 USD 1 Quarter
Balance StockholdersEquity $160.84M USD Point-in-time
Balance StockholdersEquity $139.72M USD Point-in-time
Balance StockholdersEquity $163.14M USD Point-in-time
Balance StockholdersEquity $166.40M USD Point-in-time
Share based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $66.00K USD 1 Quarter
Share based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $59.00K USD 1 Quarter
Repurchase of common shares, shares StockRepurchasedAndRetiredDuringPeriodShares 434,171.00 shares 11 Qtrs
Repurchase of common shares, shares StockRepurchasedAndRetiredDuringPeriodShares 136,142.00 shares 1 Quarter
Repurchase of common shares, shares StockRepurchasedAndRetiredDuringPeriodShares 0.00 shares 1 Quarter
Repurchase of common shares, Value StockRepurchasedAndRetiredDuringPeriodValue $4.10M USD 11 Qtrs
Repurchase of common shares, Value StockRepurchasedAndRetiredDuringPeriodValue $986.00K USD 1 Quarter
Dividends declared Dividends $3.46M USD 1 Quarter
Dividends declared Dividends $3.45M USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $-16.75M USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $127.00K USD 1 Quarter
Balance StockholdersEquity $160.84M USD Point-in-time
Balance StockholdersEquity $139.72M USD Point-in-time
Balance StockholdersEquity $163.14M USD Point-in-time
Balance StockholdersEquity $166.40M USD Point-in-time

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

NEWS
Loading news...
TRENDING
Loading...