10-Q Filing

INVESCO MORTGAGE CAPITAL INC. CIK: 1437071 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001437071-18-000027`
Period End Date	20180630
Filing Date	20180807
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	ivr-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 104 Cash Flow Statement 87 Stockholders Equity 18 Comprehensive Income 40

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock - par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock - par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock - shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Mortgage-backed and credit risk transfer securities, at fair value (including pledged securities of $17,047,937 and $17,560,811, respectively)	`MarketableSecurities`	$17.58B	USD	Point-in-time
Preferred Stock - shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Mortgage-backed and credit risk transfer securities, at fair value (including pledged securities of $17,047,937 and $17,560,811, respectively)	`MarketableSecurities`	$18.19B	USD	Point-in-time
Commercial loans, held-for-investment	`LoansAndLeasesReceivableNetReportedAmount`	$191.81M	USD	Point-in-time
Commercial loans, held-for-investment	`LoansAndLeasesReceivableNetReportedAmount`	$127.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$70.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$88.38M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$620.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	-	USD	Point-in-time
Due from counterparties	`DuefromCounterparties`	$7.25M	USD	Point-in-time
Due from counterparties	`DuefromCounterparties`	-	USD	Point-in-time
Common Stock - par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock - par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investment related receivable	`NotesReceivableNet`	$70.84M	USD	Point-in-time
Investment related receivable	`NotesReceivableNet`	$73.22M	USD	Point-in-time
Derivative assets, at fair value	`DerivativeAssets`	$47.51M	USD	Point-in-time
Common Stock - shares authorized	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Common Stock - shares authorized	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Derivative assets, at fair value	`DerivativeAssets`	$6.90M	USD	Point-in-time
Other assets	`OtherAssets`	$105.58M	USD	Point-in-time
Other assets	`OtherAssets`	$108.12M	USD	Point-in-time
Common Stock - shares issued	`CommonStockSharesIssued`	111.62M	shares	Point-in-time
Common Stock - shares issued	`CommonStockSharesIssued`	111.64M	shares	Point-in-time
Common Stock - shares outstanding	`CommonStockSharesOutstanding`	111.62M	shares	Point-in-time
Common Stock - shares outstanding	`CommonStockSharesOutstanding`	111.64M	shares	Point-in-time
Total assets	`Assets`	$18.66B	USD	Point-in-time
Total assets	`Assets`	$18.01B	USD	Point-in-time
MBS and GSE CRT pledged as collateral	`MarketableSecuritiesPledgedAsCollateral`	$17.56B	USD	Point-in-time
MBS and GSE CRT pledged as collateral	`MarketableSecuritiesPledgedAsCollateral`	$17.05B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$14.08B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$13.70B	USD	Point-in-time
Secured loans	`AdvancesFromFederalHomeLoanBanks`	$1.65B	USD	Point-in-time
Secured loans	`AdvancesFromFederalHomeLoanBanks`	$1.65B	USD	Point-in-time
Exchangeable senior notes, net	`ConvertibleNotesPayable`	-	USD	Point-in-time
Exchangeable senior notes, net	`ConvertibleNotesPayable`	$143.23M	USD	Point-in-time
Derivative liabilities, at fair value	`DerivativeLiabilities`	$32.77M	USD	Point-in-time
Derivative liabilities, at fair value	`DerivativeLiabilities`	$6.07M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$50.20M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$50.93M	USD	Point-in-time
Dividends and distributions payable	`DividendsPayableCurrentAndNoncurrent`	$50.19M	USD	Point-in-time
Investment related payable	`InvestmentRelatedLiabilities`	$5.19M	USD	Point-in-time
Investment related payable	`InvestmentRelatedLiabilities`	$23.56M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$18.89M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$17.84M	USD	Point-in-time
Collateral held payable	`CollateralizedFinancings`	$7.33M	USD	Point-in-time
Collateral held payable	`CollateralizedFinancings`	$39.75M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$2.20M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.71M	USD	Point-in-time
Due to affiliate	`DueToAffiliateCurrentAndNoncurrent`	$10.56M	USD	Point-in-time
Due to affiliate	`DueToAffiliateCurrentAndNoncurrent`	$10.82M	USD	Point-in-time
Total liabilities	`Liabilities`	$15.50B	USD	Point-in-time
Total liabilities	`Liabilities`	$16.00B	USD	Point-in-time
Commitments and contingencies (See Note 16):	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 16):	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock, par value $0.01 per share; 450,000,000 shares authorized; 111,643,188 and 111,624,159 shares issued and outstanding, respectively	`CommonStockValue`	$1.12M	USD	Point-in-time
Common Stock, par value $0.01 per share; 450,000,000 shares authorized; 111,643,188 and 111,624,159 shares issued and outstanding, respectively	`CommonStockValue`	$1.12M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$2.38B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$2.38B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$89.46M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$261.03M	USD	Point-in-time
Retained earnings (distributions in excess of earnings)	`RetainedEarningsAccumulatedDeficit`	$-551.63M	USD	Point-in-time
Retained earnings (distributions in excess of earnings)	`RetainedEarningsAccumulatedDeficit`	$-579.33M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.49B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.63B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$26.39M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$24.55M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.51B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$18.01B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$18.66B	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Mortgage-backed and credit risk transfer securities	`InterestAndDividendIncomeSecuritiesAvailableForSale`	$147.55M	USD	1 Quarter
Mortgage-backed and credit risk transfer securities	`InterestAndDividendIncomeSecuritiesAvailableForSale`	$296.55M	USD	2 Qtrs
Mortgage-backed and credit risk transfer securities	`InterestAndDividendIncomeSecuritiesAvailableForSale`	$239.90M	USD	2 Qtrs
Mortgage-backed and credit risk transfer securities	`InterestAndDividendIncomeSecuritiesAvailableForSale`	$121.03M	USD	1 Quarter
Commercial loans	`InterestAndFeeIncomeLoansCommercial`	$6.02M	USD	1 Quarter
Commercial loans	`InterestAndFeeIncomeLoansCommercial`	$4.05M	USD	1 Quarter
Commercial loans	`InterestAndFeeIncomeLoansCommercial`	$8.27M	USD	2 Qtrs
Commercial loans	`InterestAndFeeIncomeLoansCommercial`	$11.79M	USD	2 Qtrs
Total interest income	`InterestIncomeOperating`	$304.82M	USD	2 Qtrs
Total interest income	`InterestIncomeOperating`	$127.05M	USD	1 Quarter
Total interest income	`InterestIncomeOperating`	$151.60M	USD	1 Quarter
Total interest income	`InterestIncomeOperating`	$251.69M	USD	2 Qtrs
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmount`	$66.02M	USD	2 Qtrs
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmount`	$128.97M	USD	2 Qtrs
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmount`	$69.39M	USD	1 Quarter
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmount`	$36.07M	USD	1 Quarter
Secured loans	`InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm`	$4.54M	USD	1 Quarter
Secured loans	`InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm`	$8.47M	USD	1 Quarter
Secured loans	`InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm`	$7.95M	USD	2 Qtrs
Secured loans	`InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm`	$15.40M	USD	2 Qtrs
Exchangeable senior notes	`InterestExpenseDebt`	$8.51M	USD	2 Qtrs
Exchangeable senior notes	`InterestExpenseDebt`	-	USD	1 Quarter
Exchangeable senior notes	`InterestExpenseDebt`	$1.62M	USD	2 Qtrs
Exchangeable senior notes	`InterestExpenseDebt`	$3.50M	USD	1 Quarter
Total interest expense	`InterestExpense`	$145.99M	USD	2 Qtrs
Total interest expense	`InterestExpense`	$82.48M	USD	2 Qtrs
Total interest expense	`InterestExpense`	$44.11M	USD	1 Quarter
Total interest expense	`InterestExpense`	$77.86M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$158.83M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$169.21M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$82.94M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$73.74M	USD	1 Quarter
Gain (loss) on investments, net	`GainLossOnInvestments`	$-196.75M	USD	2 Qtrs
Gain (loss) on investments, net	`GainLossOnInvestments`	$9.32M	USD	2 Qtrs
Gain (loss) on investments, net	`GainLossOnInvestments`	$-36.38M	USD	1 Quarter
Gain (loss) on investments, net	`GainLossOnInvestments`	$11.18M	USD	1 Quarter
Equity in earnings (losses) of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	$-154.00K	USD	1 Quarter
Equity in earnings (losses) of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	$1.69M	USD	2 Qtrs
Equity in earnings (losses) of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	$-1.69M	USD	2 Qtrs
Equity in earnings (losses) of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	$798.00K	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$-48.05M	USD	2 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$-53.51M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$67.17M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$200.54M	USD	2 Qtrs
Realized and unrealized credit derivative income (loss), net	`RealizedandUnrealizedCreditDerivativeIncomeLossNet`	$41.36M	USD	2 Qtrs
Realized and unrealized credit derivative income (loss), net	`RealizedandUnrealizedCreditDerivativeIncomeLossNet`	$735.00K	USD	1 Quarter
Realized and unrealized credit derivative income (loss), net	`RealizedandUnrealizedCreditDerivativeIncomeLossNet`	$3.90M	USD	2 Qtrs
Realized and unrealized credit derivative income (loss), net	`RealizedandUnrealizedCreditDerivativeIncomeLossNet`	$21.40M	USD	1 Quarter
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-26.00K	USD	2 Qtrs
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.24M	USD	2 Qtrs
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-526.00K	USD	1 Quarter
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	$3.86M	USD	2 Qtrs
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	$-2.16M	USD	1 Quarter
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	$2.53M	USD	1 Quarter
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	$942.00K	USD	2 Qtrs
Total other income (loss)	`OtherIncomeLoss`	$30.16M	USD	1 Quarter
Total other income (loss)	`OtherIncomeLoss`	$-434.00K	USD	2 Qtrs
Total other income (loss)	`OtherIncomeLoss`	$-19.08M	USD	1 Quarter
Total other income (loss)	`OtherIncomeLoss`	$10.30M	USD	2 Qtrs
Management fee related party	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$10.10M	USD	1 Quarter
Management fee related party	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$20.32M	USD	2 Qtrs
Management fee related party	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$17.83M	USD	2 Qtrs
Management fee related party	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$9.03M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.69M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.52M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.61M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.28M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$11.63M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$10.63M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$21.52M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$23.60M	USD	2 Qtrs
Net income	`ProfitLoss`	$147.25M	USD	2 Qtrs
Net income	`ProfitLoss`	$92.28M	USD	1 Quarter
Net income	`ProfitLoss`	$53.22M	USD	1 Quarter
Net income	`ProfitLoss`	$145.53M	USD	2 Qtrs
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.86M	USD	2 Qtrs
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.83M	USD	2 Qtrs
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.16M	USD	1 Quarter
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$670.00K	USD	1 Quarter
Net income attributable to Invesco Mortgage Capital Inc.	`NetIncomeLoss`	$145.40M	USD	2 Qtrs
Net income attributable to Invesco Mortgage Capital Inc.	`NetIncomeLoss`	$143.69M	USD	2 Qtrs
Net income attributable to Invesco Mortgage Capital Inc.	`NetIncomeLoss`	$52.55M	USD	1 Quarter
Net income attributable to Invesco Mortgage Capital Inc.	`NetIncomeLoss`	$91.11M	USD	1 Quarter
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$11.43M	USD	2 Qtrs
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$5.72M	USD	1 Quarter
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$11.11M	USD	1 Quarter
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$22.21M	USD	2 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$46.83M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$121.48M	USD	2 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$133.96M	USD	2 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$80.01M	USD	1 Quarter
Net income attributable to common shareholders (basic) (usd per share)	`EarningsPerShareBasic`	$0.72	USD	1 Quarter
Net income attributable to common shareholders (basic) (usd per share)	`EarningsPerShareBasic`	$1.09	USD	2 Qtrs
Net income attributable to common shareholders (basic) (usd per share)	`EarningsPerShareBasic`	$1.20	USD	2 Qtrs
Net income attributable to common shareholders (basic) (usd per share)	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Net income attributable to common shareholders (diluted) (usd per share)	`EarningsPerShareDiluted`	$0.41	USD	1 Quarter
Net income attributable to common shareholders (diluted) (usd per share)	`EarningsPerShareDiluted`	$0.72	USD	1 Quarter
Net income attributable to common shareholders (diluted) (usd per share)	`EarningsPerShareDiluted`	$1.15	USD	2 Qtrs
Net income attributable to common shareholders (diluted) (usd per share)	`EarningsPerShareDiluted`	$1.08	USD	2 Qtrs
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.42	USD	1 Quarter
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.40	USD	1 Quarter
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.80	USD	2 Qtrs
Dividends declared per common share (usd per share)	`CommonStockDividendsPerShareDeclared`	$0.84	USD	2 Qtrs

Cash Flow Statement 87 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$147.25M	USD	2 Qtrs
Net income	`ProfitLoss`	$92.28M	USD	1 Quarter
Net income	`ProfitLoss`	$53.22M	USD	1 Quarter
Net income	`ProfitLoss`	$145.53M	USD	2 Qtrs
Amortization of mortgage-backed and credit risk transfer securities premiums and (discounts), net	`AmortizationOfMortgageBackedAndCreditRiskTransferSecuritiesPremiumsDiscountsNet`	$-25.66M	USD	2 Qtrs
Amortization of mortgage-backed and credit risk transfer securities premiums and (discounts), net	`AmortizationOfMortgageBackedAndCreditRiskTransferSecuritiesPremiumsDiscountsNet`	$-37.53M	USD	2 Qtrs
Realized and unrealized (gain) loss on derivative instruments, net	`RealizedAndUnrealizedGainLossOnDerivativeInstrumentsNet`	$-5.19M	USD	2 Qtrs
Realized and unrealized (gain) loss on derivative instruments, net	`RealizedAndUnrealizedGainLossOnDerivativeInstrumentsNet`	$217.16M	USD	2 Qtrs
Realized and unrealized (gain) loss on credit derivatives, net	`RealizedAndUnrealizedGainLossOnCreditDerivativesNet`	$29.71M	USD	2 Qtrs
Realized and unrealized (gain) loss on credit derivatives, net	`RealizedAndUnrealizedGainLossOnCreditDerivativesNet`	$-7.37M	USD	2 Qtrs
Gain (loss) on investments, net	`GainLossOnInvestments`	$-196.75M	USD	2 Qtrs
Gain (loss) on investments, net	`GainLossOnInvestments`	$9.32M	USD	2 Qtrs
Gain (loss) on investments, net	`GainLossOnInvestments`	$-36.38M	USD	1 Quarter
Gain (loss) on investments, net	`GainLossOnInvestments`	$11.18M	USD	1 Quarter
(Income) loss from investments in unconsolidated ventures in excess of distributions received	`IncomeLossFromInvestmentsInUnconsolidatedVenturesInExcessOfDistributionsReceived`	$-2.11M	USD	2 Qtrs
(Income) loss from investments in unconsolidated ventures in excess of distributions received	`IncomeLossFromInvestmentsInUnconsolidatedVenturesInExcessOfDistributionsReceived`	$1.15M	USD	2 Qtrs
Other amortization	`OtherAmortization`	$11.66M	USD	2 Qtrs
Other amortization	`OtherAmortization`	$13.05M	USD	2 Qtrs
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-26.00K	USD	2 Qtrs
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.24M	USD	2 Qtrs
Net loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-526.00K	USD	1 Quarter
(Gain) loss on foreign currency transactions, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.10M	USD	2 Qtrs
(Gain) loss on foreign currency transactions, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$2.23M	USD	2 Qtrs
(Increase) decrease in operating assets	`IncreaseDecreaseInOperatingAssets`	$2.50M	USD	2 Qtrs
(Increase) decrease in operating assets	`IncreaseDecreaseInOperatingAssets`	$-2.27M	USD	2 Qtrs
Increase (decrease) in operating liabilities	`IncreaseDecreaseInOperatingLiabilities`	$-3.02M	USD	2 Qtrs
Increase (decrease) in operating liabilities	`IncreaseDecreaseInOperatingLiabilities`	$435.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$138.89M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$147.77M	USD	2 Qtrs
Purchase of mortgage-backed and credit risk transfer securities	`PaymentsToAcquireMarketableSecurities`	$1.21B	USD	2 Qtrs
Purchase of mortgage-backed and credit risk transfer securities	`PaymentsToAcquireMarketableSecurities`	$2.53B	USD	2 Qtrs
(Contributions to) distributions from investments in unconsolidated ventures, net	`ContributionsDistributionsInEquityMethodInvestee`	$-7.41M	USD	2 Qtrs
(Contributions to) distributions from investments in unconsolidated ventures, net	`ContributionsDistributionsInEquityMethodInvestee`	$1.08M	USD	2 Qtrs
Change in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$3.46M	USD	2 Qtrs
Change in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Principal payments from mortgage-backed and credit risk transfer securities	`ProceedsfromMaturitiesPrepaymentsandCallsofMarketableSecurities`	$1.06B	USD	2 Qtrs
Principal payments from mortgage-backed and credit risk transfer securities	`ProceedsfromMaturitiesPrepaymentsandCallsofMarketableSecurities`	$1.08B	USD	2 Qtrs
Proceeds from sale of mortgage-backed and credit risk transfer securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$387.73M	USD	2 Qtrs
Proceeds from sale of mortgage-backed and credit risk transfer securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$572.62M	USD	2 Qtrs
Proceeds from/ (payments for) settlement or termination of forwards, swaps and futures, net	`ProceedsFromPaymentsForSettlementOrTerminationOfForwardsSwapsAndFuturesNet`	$-25.31M	USD	2 Qtrs
Proceeds from/ (payments for) settlement or termination of forwards, swaps and futures, net	`ProceedsFromPaymentsForSettlementOrTerminationOfForwardsSwapsAndFuturesNet`	$149.85M	USD	2 Qtrs
Net change in due from counterparties and collateral held payable	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableInvestingActivities`	$1.77M	USD	2 Qtrs
Net change in due from counterparties and collateral held payable	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableInvestingActivities`	$25.16M	USD	2 Qtrs
Principal payments from commercial loans held-for-investment	`ProceedsfromPrincipalRepaymentsonCommercialLoans`	-	USD	2 Qtrs
Principal payments from commercial loans held-for-investment	`ProceedsfromPrincipalRepaymentsonCommercialLoans`	$64.81M	USD	2 Qtrs
Origination and advances of commercial loans, net of origination fees	`PaymentsforOriginationofLoansNetofOriginationFees`	$3.17M	USD	2 Qtrs
Origination and advances of commercial loans, net of origination fees	`PaymentsforOriginationofLoansNetofOriginationFees`	$1.68M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-902.33M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$472.64M	USD	2 Qtrs
Due from counterparties - secured loans	`IncreaseDecreaseInMarginDepositsOutstanding`	-	USD	2 Qtrs
Due from counterparties - secured loans	`IncreaseDecreaseInMarginDepositsOutstanding`	$1.25M	USD	2 Qtrs
Proceeds from repurchase agreements	`ProceedsFromOtherShortTermDebt`	$72.28B	USD	2 Qtrs
Proceeds from repurchase agreements	`ProceedsFromOtherShortTermDebt`	$63.15B	USD	2 Qtrs
Principal repayments of repurchase agreements	`RepaymentsOfOtherShortTermDebt`	$62.20B	USD	2 Qtrs
Principal repayments of repurchase agreements	`RepaymentsOfOtherShortTermDebt`	$72.66B	USD	2 Qtrs
Extinguishment of exchangeable senior notes	`RepaymentsOfSeniorDebt`	$143.43M	USD	2 Qtrs
Extinguishment of exchangeable senior notes	`RepaymentsOfSeniorDebt`	$185.39M	USD	2 Qtrs
Payments of deferred costs	`PaymentsOfFinancingCosts`	$167.00K	USD	2 Qtrs
Payments of deferred costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Payments of dividends and distributions	`PaymentsOfOrdinaryDividends`	$117.18M	USD	2 Qtrs
Payments of dividends and distributions	`PaymentsOfOrdinaryDividends`	$101.85M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$665.72M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-639.15M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-18.75M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-97.72M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.07M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$161.79M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$89.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$70.25M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.07M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$161.79M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$89.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$70.25M	USD	Point-in-time
Interest paid	`InterestPaid`	$97.00M	USD	2 Qtrs
Interest paid	`InterestPaid`	$158.03M	USD	2 Qtrs
Net change in unrealized gain (loss) on mortgage-backed and credit risk transfer securities	`NetChangeInUnrealizedGainOnMarketableSecuritiesAndDerivatives`	$57.42M	USD	2 Qtrs
Net change in unrealized gain (loss) on mortgage-backed and credit risk transfer securities	`NetChangeInUnrealizedGainOnMarketableSecuritiesAndDerivatives`	$-161.12M	USD	2 Qtrs
Dividends and distributions declared not paid	`DividendsPayableCurrentAndNoncurrent`	$50.20M	USD	Point-in-time
Dividends and distributions declared not paid	`DividendsPayableCurrentAndNoncurrent`	$50.93M	USD	Point-in-time
Dividends and distributions declared not paid	`DividendsPayableCurrentAndNoncurrent`	$50.19M	USD	Point-in-time
Net change in investment related payable (receivable)	`ReceivablePayableForMarketableSecuritiesSoldPurchasedNet`	$-163.49M	USD	2 Qtrs
Net change in investment related payable (receivable)	`ReceivablePayableForMarketableSecuritiesSoldPurchasedNet`	$-18.87M	USD	2 Qtrs
Net change in repurchase agreements, not settled	`RepurchaseAgreementsNotSettled`	$-108.00K	USD	2 Qtrs
Net change in repurchase agreements, not settled	`RepurchaseAgreementsNotSettled`	$4.08M	USD	2 Qtrs
Change in due from counterparties and collateral held payable	`ChangeInDueFromCounterpartiesAndCollateralHeldPayableNonCashInvestingActivities`	$86.45M	USD	2 Qtrs
Change in due from counterparties and collateral held payable	`ChangeInDueFromCounterpartiesAndCollateralHeldPayableNonCashInvestingActivities`	-	USD	2 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.51B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time
Net income	`ProfitLoss`	$147.25M	USD	2 Qtrs
Net income	`ProfitLoss`	$92.28M	USD	1 Quarter
Net income	`ProfitLoss`	$53.22M	USD	1 Quarter
Net income	`ProfitLoss`	$145.53M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-173.76M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$34.05M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$44.28M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-44.45M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$93.78M	USD	2 Qtrs
Common unit dividends	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.20M	USD	2 Qtrs
Preferred stock dividends	`DividendsPreferredStockCash`	$22.21M	USD	2 Qtrs
Amortization of equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$265.00K	USD	2 Qtrs
Rebalancing of ownership percentage of non-controlling interest	`NoncontrollingInterestRebalancingofOwnershipInterest`	$1.00K	USD	2 Qtrs
Rebalancing of ownership percentage of non-controlling interest	`NoncontrollingInterestRebalancingofOwnershipInterest`	$1.00K	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.51B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.66B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$147.25M	USD	2 Qtrs
Net income	`ProfitLoss`	$92.28M	USD	1 Quarter
Net income	`ProfitLoss`	$53.22M	USD	1 Quarter
Net income	`ProfitLoss`	$145.53M	USD	2 Qtrs
Unrealized gain (loss) on mortgage-backed and credit risk transfer securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$39.63M	USD	1 Quarter
Unrealized gain (loss) on mortgage-backed and credit risk transfer securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-180.25M	USD	2 Qtrs
Unrealized gain (loss) on mortgage-backed and credit risk transfer securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-47.93M	USD	1 Quarter
Unrealized gain (loss) on mortgage-backed and credit risk transfer securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$55.92M	USD	2 Qtrs
Reclassification of unrealized (gain) loss on sale of mortgage-backed and credit risk transfer securities to gain (loss) on investments, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-1.50M	USD	2 Qtrs
Reclassification of unrealized (gain) loss on sale of mortgage-backed and credit risk transfer securities to gain (loss) on investments, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-651.00K	USD	1 Quarter
Reclassification of unrealized (gain) loss on sale of mortgage-backed and credit risk transfer securities to gain (loss) on investments, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-19.13M	USD	2 Qtrs
Reclassification of unrealized (gain) loss on sale of mortgage-backed and credit risk transfer securities to gain (loss) on investments, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-9.89M	USD	1 Quarter
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$12.67M	USD	2 Qtrs
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$6.90M	USD	1 Quarter
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$6.37M	USD	1 Quarter
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$13.44M	USD	2 Qtrs
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-476.00K	USD	2 Qtrs
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$486.00K	USD	1 Quarter
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$798.00K	USD	2 Qtrs
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$139.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-173.76M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$34.05M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$44.28M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-44.45M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-28.23M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$47.83M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$87.27M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$191.53M	USD	2 Qtrs
Less: Comprehensive (income) loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.41M	USD	2 Qtrs
Less: Comprehensive (income) loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-357.00K	USD	2 Qtrs
Less: Comprehensive (income) loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$602.00K	USD	1 Quarter
Less: Comprehensive (income) loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.10M	USD	1 Quarter
Less: Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$11.43M	USD	2 Qtrs
Less: Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$5.72M	USD	1 Quarter
Less: Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$11.11M	USD	1 Quarter
Less: Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$22.21M	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$36.12M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$177.69M	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$80.46M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$-50.09M	USD	2 Qtrs

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