10-Q Filing

ELLINGTON CREDIT CO CIK: 1560672 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001560672-23-000083`
Period End Date	20230930
Filing Date	20231114
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	earn-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 68 Cash Flow Statement 97 Stockholders Equity 78

Balance Sheet 79 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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.00M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$69.03M	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
Securities, at fair value(2)	`InvestmentOwnedAtFairValue`	$893.51M	USD	Point-in-time
Securities, at fair value(2)	`InvestmentOwnedAtFairValue`	$836.27M	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
Due from brokers	`DuefromBrokers`	$27.90M	USD	Point-in-time
Due from brokers	`DuefromBrokers`	$18.82M	USD	Point-in-time
Financial derivativesassets, at fair value	`DerivativeAssets`	$100.95M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Financial derivativesassets, at fair value	`DerivativeAssets`	$68.77M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Reverse repurchase agreements	`SecuritiesPurchasedUnderAgreementsToResell`	$37.10M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Reverse repurchase agreements	`SecuritiesPurchasedUnderAgreementsToResell`	$499.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	15.87M	shares	Point-in-time
Receivable for securities sold	`Receivableforsecuritiessold`	$33.45M	USD	Point-in-time
Receivable for securities sold	`Receivableforsecuritiessold`	$16.67M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	13.38M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	15.87M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.11M	shares	Point-in-time
Interest receivable	`InterestReceivable`	$5.00M	USD	Point-in-time
Interest receivable	`InterestReceivable`	$3.33M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.38M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.08M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.25M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	14.38M	shares	Point-in-time
Other assets	`OtherAssets`	$552.00K	USD	Point-in-time
Other assets	`OtherAssets`	$436.00K	USD	Point-in-time
Total Assets	`Assets`	$1.05B	USD	Point-in-time
Total Assets	`Assets`	$1.06B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$842.46M	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$811.18M	USD	Point-in-time
Payable for securities purchased	`PayablesToBrokerDealersAndClearingOrganizations`	$8.22M	USD	Point-in-time
Payable for securities purchased	`PayablesToBrokerDealersAndClearingOrganizations`	$42.20M	USD	Point-in-time
Due to brokers	`Duetobrokers`	$45.67M	USD	Point-in-time
Due to brokers	`Duetobrokers`	$71.20M	USD	Point-in-time
Financial derivativesliabilities, at fair value	`DerivativeLiabilities`	$8.84M	USD	Point-in-time
Financial derivativesliabilities, at fair value	`DerivativeLiabilities`	$3.12M	USD	Point-in-time
U.S. Treasury securities sold short, at fair value	`FinancialInstrumentsSoldNotYetPurchasedUSGovernmentAndAgencyObligations`	$498.00K	USD	Point-in-time
U.S. Treasury securities sold short, at fair value	`FinancialInstrumentsSoldNotYetPurchasedUSGovernmentAndAgencyObligations`	$46.33M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$1.06M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$1.07M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$1.27M	USD	Point-in-time
Accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.10M	USD	Point-in-time
Accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.45M	USD	Point-in-time
Management fee payable to affiliate	`ManagementFeePayable`	$423.00K	USD	Point-in-time
Management fee payable to affiliate	`ManagementFeePayable`	$420.00K	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$4.70M	USD	Point-in-time
Interest payable	`InterestPayableCurrentAndNoncurrent`	$4.07M	USD	Point-in-time
Total Liabilities	`Liabilities`	$941.22M	USD	Point-in-time
Total Liabilities	`Liabilities`	$952.98M	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; (15,870,141 and 13,377,840 shares issued and outstanding, respectively)	`CommonStockValue`	$134.00K	USD	Point-in-time
Common shares, par value $0.01 per share, 500,000,000 shares authorized; (15,870,141 and 13,377,840 shares issued and outstanding, respectively)	`CommonStockValue`	$159.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$240.94M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$258.26M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-128.66M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-146.96M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$132.90M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$111.46M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$114.98M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$154.22M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$118.63M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$103.00M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$112.41M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$116.70M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.06B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.05B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InterestIncomeOperating`	$25.08M	USD	3 Qtrs
Interest income	`InterestIncomeOperating`	$11.25M	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$30.66M	USD	3 Qtrs
Interest income	`InterestIncomeOperating`	$9.46M	USD	1 Quarter
Interest expense	`InterestExpense`	$33.74M	USD	3 Qtrs
Interest expense	`InterestExpense`	$12.35M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.34M	USD	3 Qtrs
Interest expense	`InterestExpense`	$4.27M	USD	1 Quarter
Total net interest income (expense)	`InterestIncomeExpenseNet`	$17.74M	USD	3 Qtrs
Total net interest income (expense)	`InterestIncomeExpenseNet`	$5.19M	USD	1 Quarter
Total net interest income (expense)	`InterestIncomeExpenseNet`	$-1.10M	USD	1 Quarter
Total net interest income (expense)	`InterestIncomeExpenseNet`	$-3.08M	USD	3 Qtrs
Management fees to affiliate	`ManagementFeeExpense`	$1.29M	USD	3 Qtrs
Management fees to affiliate	`ManagementFeeExpense`	$388.00K	USD	1 Quarter
Management fees to affiliate	`ManagementFeeExpense`	$1.33M	USD	3 Qtrs
Management fees to affiliate	`ManagementFeeExpense`	$420.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$205.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$939.00K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$290.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$621.00K	USD	3 Qtrs
Compensation expense	`SalariesAndWages`	$183.00K	USD	1 Quarter
Compensation expense	`SalariesAndWages`	$177.00K	USD	1 Quarter
Compensation expense	`SalariesAndWages`	$537.00K	USD	3 Qtrs
Compensation expense	`SalariesAndWages`	$545.00K	USD	3 Qtrs
Insurance expense	`GeneralInsuranceExpense`	$289.00K	USD	3 Qtrs
Insurance expense	`GeneralInsuranceExpense`	$95.00K	USD	1 Quarter
Insurance expense	`GeneralInsuranceExpense`	$101.00K	USD	1 Quarter
Insurance expense	`GeneralInsuranceExpense`	$301.00K	USD	3 Qtrs
Other operating expenses	`OtherExpenses`	$1.10M	USD	3 Qtrs
Other operating expenses	`OtherExpenses`	$374.00K	USD	1 Quarter
Other operating expenses	`OtherExpenses`	$1.06M	USD	3 Qtrs
Other operating expenses	`OtherExpenses`	$353.00K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$4.16M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$1.36M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$1.23M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$3.86M	USD	3 Qtrs
Net realized gains (losses) on securities	`RealizedInvestmentGainsLosses`	$-28.24M	USD	1 Quarter
Net realized gains (losses) on securities	`RealizedInvestmentGainsLosses`	$-57.87M	USD	3 Qtrs
Net realized gains (losses) on securities	`RealizedInvestmentGainsLosses`	$-19.57M	USD	1 Quarter
Net realized gains (losses) on securities	`RealizedInvestmentGainsLosses`	$-46.28M	USD	3 Qtrs
Net realized gains (losses) on financial derivatives	`Netrealizedgainslossesonfinancialderivatives`	$2.35M	USD	1 Quarter
Net realized gains (losses) on financial derivatives	`Netrealizedgainslossesonfinancialderivatives`	$27.12M	USD	3 Qtrs
Net realized gains (losses) on financial derivatives	`Netrealizedgainslossesonfinancialderivatives`	$48.19M	USD	3 Qtrs
Net realized gains (losses) on financial derivatives	`Netrealizedgainslossesonfinancialderivatives`	$1.15M	USD	1 Quarter
Unrealized Gain (Loss) on Investments	`UnrealizedGainLossOnInvestments`	$-15.82M	USD	1 Quarter
Unrealized Gain (Loss) on Investments	`UnrealizedGainLossOnInvestments`	$-106.22M	USD	3 Qtrs
Unrealized Gain (Loss) on Investments	`UnrealizedGainLossOnInvestments`	$10.34M	USD	3 Qtrs
Unrealized Gain (Loss) on Investments	`UnrealizedGainLossOnInvestments`	$-27.57M	USD	1 Quarter
Change in net unrealized gains (losses) on financial derivatives	`UnrealizedGainLossOnDerivatives`	$60.15M	USD	3 Qtrs
Change in net unrealized gains (losses) on financial derivatives	`UnrealizedGainLossOnDerivatives`	$35.83M	USD	1 Quarter
Change in net unrealized gains (losses) on financial derivatives	`UnrealizedGainLossOnDerivatives`	$25.28M	USD	1 Quarter
Change in net unrealized gains (losses) on financial derivatives	`UnrealizedGainLossOnDerivatives`	$8.18M	USD	3 Qtrs
Total other income (loss)	`NetRealizedandUnrealizedGainLossOnInvestmentsandFinancialDerivatives`	$-55.76M	USD	3 Qtrs
Total other income (loss)	`NetRealizedandUnrealizedGainLossOnInvestmentsandFinancialDerivatives`	$-8.97M	USD	1 Quarter
Total other income (loss)	`NetRealizedandUnrealizedGainLossOnInvestmentsandFinancialDerivatives`	$-17.63M	USD	1 Quarter
Total other income (loss)	`NetRealizedandUnrealizedGainLossOnInvestmentsandFinancialDerivatives`	$-635.00K	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-41.88M	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-10.74M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$2.34M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-7.88M	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-11.42M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-13.67M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-17.47M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$1.20M	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasic`	$-0.55	USD	3 Qtrs
Basic and Diluted (in dollars per share)	`EarningsPerShareBasic`	$-1.04	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasic`	$-0.75	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasic`	$-3.19	USD	3 Qtrs

Cash Flow Statement 97 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-41.88M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-10.74M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$2.34M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-7.88M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-11.42M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-13.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-17.47M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.20M	USD	1 Quarter
Net realized (gains) losses on securities	`RealizedInvestmentGainsLosses`	$-28.24M	USD	1 Quarter
Net realized (gains) losses on securities	`RealizedInvestmentGainsLosses`	$-57.87M	USD	3 Qtrs
Net realized (gains) losses on securities	`RealizedInvestmentGainsLosses`	$-19.57M	USD	1 Quarter
Net realized (gains) losses on securities	`RealizedInvestmentGainsLosses`	$-46.28M	USD	3 Qtrs
Change in net unrealized (gains) losses on securities	`UnrealizedGainLossOnInvestments`	$-15.82M	USD	1 Quarter
Change in net unrealized (gains) losses on securities	`UnrealizedGainLossOnInvestments`	$-106.22M	USD	3 Qtrs
Change in net unrealized (gains) losses on securities	`UnrealizedGainLossOnInvestments`	$10.34M	USD	3 Qtrs
Change in net unrealized (gains) losses on securities	`UnrealizedGainLossOnInvestments`	$-27.57M	USD	1 Quarter
Net realized (gains) losses on financial derivatives	`Netrealizedgainslossesonfinancialderivatives`	$2.35M	USD	1 Quarter
Net realized (gains) losses on financial derivatives	`Netrealizedgainslossesonfinancialderivatives`	$27.12M	USD	3 Qtrs
Net realized (gains) losses on financial derivatives	`Netrealizedgainslossesonfinancialderivatives`	$48.19M	USD	3 Qtrs
Net realized (gains) losses on financial derivatives	`Netrealizedgainslossesonfinancialderivatives`	$1.15M	USD	1 Quarter
Change in net unrealized gains (losses) on financial derivatives	`UnrealizedGainLossOnDerivatives`	$60.15M	USD	3 Qtrs
Change in net unrealized gains (losses) on financial derivatives	`UnrealizedGainLossOnDerivatives`	$35.83M	USD	1 Quarter
Change in net unrealized gains (losses) on financial derivatives	`UnrealizedGainLossOnDerivatives`	$25.28M	USD	1 Quarter
Change in net unrealized gains (losses) on financial derivatives	`UnrealizedGainLossOnDerivatives`	$8.18M	USD	3 Qtrs
Amortization of premiums and accretion of discounts, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.41M	USD	3 Qtrs
Amortization of premiums and accretion of discounts, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-2.27M	USD	3 Qtrs
Share based compensation	`ShareBasedCompensation`	$229.00K	USD	3 Qtrs
Share based compensation	`ShareBasedCompensation`	$207.00K	USD	3 Qtrs
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-649.00K	USD	3 Qtrs
Interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$1.67M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$124.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$116.00K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$44.00K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$297.00K	USD	3 Qtrs
Interest payable	`Increasedecreaseininterestpayable`	$-630.00K	USD	3 Qtrs
Interest payable	`Increasedecreaseininterestpayable`	$1.46M	USD	3 Qtrs
Management fees payable to affiliate	`IncreaseDecreaseInManagementFeePayable`	$-3.00K	USD	3 Qtrs
Management fees payable to affiliate	`IncreaseDecreaseInManagementFeePayable`	$-193.00K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.75M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$18.21M	USD	3 Qtrs
Purchases of securities	`PaymentsToAcquireInvestments`	$1.90B	USD	3 Qtrs
Purchases of securities	`PaymentsToAcquireInvestments`	$1.46B	USD	3 Qtrs
Proceeds from sale of securities	`ProceedsFromSaleOfOtherInvestments`	$1.68B	USD	3 Qtrs
Proceeds from sale of securities	`ProceedsFromSaleOfOtherInvestments`	$1.39B	USD	3 Qtrs
Principal repayments of mortgage-backed securities	`PrincipalRepaymentsOfSecurities`	$73.68M	USD	3 Qtrs
Principal repayments of mortgage-backed securities	`PrincipalRepaymentsOfSecurities`	$156.30M	USD	3 Qtrs
Proceeds from investments sold short	`InvestmentSoldNotYetPurchasedSaleProceeds`	$310.13M	USD	3 Qtrs
Proceeds from investments sold short	`InvestmentSoldNotYetPurchasedSaleProceeds`	$467.95M	USD	3 Qtrs
Repurchase of investments sold short	`Repurchaseofinvestmentssoldshort`	$421.29M	USD	3 Qtrs
Repurchase of investments sold short	`Repurchaseofinvestmentssoldshort`	$399.51M	USD	3 Qtrs
Proceeds from disposition of financial derivatives	`ProceedsFromDerivativeInstrumentInvestingActivities`	$68.91M	USD	3 Qtrs
Proceeds from disposition of financial derivatives	`ProceedsFromDerivativeInstrumentInvestingActivities`	$26.05M	USD	3 Qtrs
Purchase of financial derivatives	`PaymentsForDerivativeInstrumentInvestingActivities`	$17.27M	USD	3 Qtrs
Purchase of financial derivatives	`PaymentsForDerivativeInstrumentInvestingActivities`	$24.99M	USD	3 Qtrs
Payments made on reverse repurchase agreements	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$3.26B	USD	3 Qtrs
Payments made on reverse repurchase agreements	`PaymentsForSecuritiesPurchasedUnderAgreementsToResell`	$7.89B	USD	3 Qtrs
Proceeds from reverse repurchase agreements	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$7.99B	USD	3 Qtrs
Proceeds from reverse repurchase agreements	`ProceedsFromSecuritiesPurchasedUnderAgreementsToResell`	$3.23B	USD	3 Qtrs
Due from brokers, net	`Duefrombrokersnetinvestingactivities`	$-7.43M	USD	3 Qtrs
Due from brokers, net	`Duefrombrokersnetinvestingactivities`	$-132.00K	USD	3 Qtrs
Due to brokers, net	`Duetobrokersnetinvestingactivities`	$29.70M	USD	3 Qtrs
Due to brokers, net	`Duetobrokersnetinvestingactivities`	$42.75M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$50.53M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$40.23M	USD	3 Qtrs
Proceeds from Issuance or Sale of Equity	`ProceedsFromIssuanceOrSaleOfEquity`	$17.24M	USD	3 Qtrs
Proceeds from Issuance or Sale of Equity	`ProceedsFromIssuanceOrSaleOfEquity`	$1.25M	USD	3 Qtrs
Offering costs paid	`PaymentsOfStockIssuanceCosts`	$84.00K	USD	3 Qtrs
Offering costs paid	`PaymentsOfStockIssuanceCosts`	$41.00K	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$262.00K	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$10.21M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$10.76M	USD	3 Qtrs
Borrowings under repurchase agreements	`Borrowingsunderrepurchaseagreements`	$3.63B	USD	3 Qtrs
Borrowings under repurchase agreements	`Borrowingsunderrepurchaseagreements`	$4.07B	USD	3 Qtrs
Repayments of repurchase agreements	`Repaymentsofrepurchaseagreements`	$3.75B	USD	3 Qtrs
Repayments of repurchase agreements	`Repaymentsofrepurchaseagreements`	$4.10B	USD	3 Qtrs
Due from brokers, net	`Duefrombrokersnetfinancingactivities`	$-34.57M	USD	3 Qtrs
Due from brokers, net	`Duefrombrokersnetfinancingactivities`	$9.72M	USD	3 Qtrs
Due to brokers, net	`Duetobrokersnetfinancingactivities`	$10.00K	USD	3 Qtrs
Due to brokers, net	`Duetobrokersnetfinancingactivities`	$-3.60M	USD	3 Qtrs
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-102.06M	USD	3 Qtrs
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-37.60M	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-43.62M	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.18M	USD	3 Qtrs
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$25.41M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$40.00M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$34.82M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$69.03M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$25.41M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$40.00M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$34.82M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$69.03M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$34.38M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$5.89M	USD	3 Qtrs
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$1.06M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$1.07M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$1.27M	USD	Point-in-time

Stockholders Equity 78 line items

Line Item	Tag	Value	Unit	Period
Balance, in shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Balance, in shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Balance	`StockholdersEquity`	$132.90M	USD	Point-in-time
Balance	`StockholdersEquity`	$111.46M	USD	Point-in-time
Balance	`StockholdersEquity`	$114.98M	USD	Point-in-time
Balance	`StockholdersEquity`	$154.22M	USD	Point-in-time
Balance	`StockholdersEquity`	$118.63M	USD	Point-in-time
Balance	`StockholdersEquity`	$103.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$112.41M	USD	Point-in-time
Balance	`StockholdersEquity`	$116.70M	USD	Point-in-time
Shares Issued, Shares	`StockIssuedDuringPeriodSharesNewIssues`	148,349.00	shares	1 Quarter
Shares Issued, Shares	`StockIssuedDuringPeriodSharesNewIssues`	2.46M	shares	3 Qtrs
Shares Issued, Shares	`StockIssuedDuringPeriodSharesNewIssues`	148,349.00	shares	3 Qtrs
Shares Issued, Shares	`StockIssuedDuringPeriodSharesNewIssues`	1.46M	shares	1 Quarter
Stock Issued During Period, Value, New Issues	`StockIssuedDuringPeriodValueNewIssues`	$3.49M	USD	1 Quarter
Stock Issued During Period, Value, New Issues	`StockIssuedDuringPeriodValueNewIssues`	$9.84M	USD	1 Quarter
Stock Issued During Period, Value, New Issues	`StockIssuedDuringPeriodValueNewIssues`	$3.81M	USD	1 Quarter
Stock Issued During Period, Value, New Issues	`StockIssuedDuringPeriodValueNewIssues`	$1.20M	USD	1 Quarter
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$78.00K	USD	1 Quarter
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$81.00K	USD	1 Quarter
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$81.00K	USD	1 Quarter
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$45.00K	USD	1 Quarter
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$76.00K	USD	1 Quarter
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$75.00K	USD	1 Quarter
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation	`SharesPaidForTaxWithholdingForShareBasedCompensation`	0.00	shares	1 Quarter
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation	`SharesPaidForTaxWithholdingForShareBasedCompensation`	3,108.00	shares	3 Qtrs
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation	`SharesPaidForTaxWithholdingForShareBasedCompensation`	0.00	shares	1 Quarter
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation	`SharesPaidForTaxWithholdingForShareBasedCompensation`	0.00	shares	3 Qtrs
Dividends declared	`Dividends`	$3.93M	USD	1 Quarter
Dividends declared	`Dividends`	$3.41M	USD	1 Quarter
Dividends declared	`Dividends`	$3.37M	USD	1 Quarter
Dividends declared	`Dividends`	$3.17M	USD	1 Quarter
Dividends declared	`Dividends`	$3.74M	USD	1 Quarter
Dividends declared	`Dividends`	$3.31M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-41.88M	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-10.74M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$2.34M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-7.88M	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-11.42M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-13.67M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-17.47M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$1.20M	USD	1 Quarter
Balance, in shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Balance, in shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Balance	`StockholdersEquity`	$132.90M	USD	Point-in-time
Balance	`StockholdersEquity`	$111.46M	USD	Point-in-time
Balance	`StockholdersEquity`	$114.98M	USD	Point-in-time
Balance	`StockholdersEquity`	$154.22M	USD	Point-in-time
Balance	`StockholdersEquity`	$118.63M	USD	Point-in-time
Balance	`StockholdersEquity`	$103.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$112.41M	USD	Point-in-time
Balance	`StockholdersEquity`	$116.70M	USD	Point-in-time
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.80	USD	3 Qtrs
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$0.72	USD	3 Qtrs
Repurchase of common shares, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	40,021.00	shares	3 Qtrs
Repurchase of common shares, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	474,192.00	shares	21 Qtrs
Repurchase of common shares, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	9,489.00	shares	1 Quarter
Repurchase of common shares, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	0.00	shares	3 Qtrs
Repurchase of common shares, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	0.00	shares	1 Quarter
Repurchase of common shares, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$62.00K	USD	1 Quarter
Repurchase of common shares, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$200.00K	USD	1 Quarter
Repurchase of common shares, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$300.00K	USD	3 Qtrs
Repurchase of common shares, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$4.40M	USD	21 Qtrs
Stock Issued During Period, Shares, Restricted Stock Award, Gross	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	32,920.00	shares	3 Qtrs
Stock Issued During Period, Shares, Restricted Stock Award, Gross	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	32,920.00	shares	1 Quarter
Stock Issued During Period, Shares, Restricted Stock Award, Gross	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	27,044.00	shares	3 Qtrs
Stock Issued During Period, Shares, Restricted Stock Award, Gross	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	27,044.00	shares	1 Quarter
Stock Issued During Period, Value, Restricted Stock Award, Gross	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Stock Issued During Period, Value, Restricted Stock Award, Gross	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Common stock, shares outstanding	`CommonStockSharesOutstanding`	15.87M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.11M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.38M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.08M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.25M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	14.38M	shares	Point-in-time

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