10-Q Filing

INVESCO MORTGAGE CAPITAL INC. CIK: 1437071 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001437071-21-000022`
Period End Date	20210630
Filing Date	20210804
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	ivr-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 98 Cash Flow Statement 97 Stockholders Equity 50 Comprehensive Income 44

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Mortgage-backed and credit risk transfer securities, pledged	`MarketableSecuritiesPledgedAsCollateral`	$7.61B	USD	Point-in-time
Mortgage-backed and credit risk transfer securities, pledged	`MarketableSecuritiesPledgedAsCollateral`	$8.25B	USD	Point-in-time
Allowance for credit loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	-	USD	Point-in-time
Mortgage-backed securities, at fair value (including pledged securities of $8,248,952 and $7,614,935, respectively; net of allowance for credit losses of $1,768 as of December 31, 2020)	`MarketableSecurities`	$8.17B	USD	Point-in-time
Allowance for credit loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$830.00K	USD	Point-in-time
Allowance for credit loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$1.77M	USD	Point-in-time
Mortgage-backed securities, at fair value (including pledged securities of $8,248,952 and $7,614,935, respectively; net of allowance for credit losses of $1,768 as of December 31, 2020)	`MarketableSecurities`	$8.73B	USD	Point-in-time
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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$134.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$148.01M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$244.57M	USD	Point-in-time
Preferred Stock - shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred Stock - shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Restricted cash	`RestrictedCash`	$353.39M	USD	Point-in-time
Due from counterparties	`DuefromCounterparties`	$1.08M	USD	Point-in-time
Due from counterparties	`DuefromCounterparties`	$300.00K	USD	Point-in-time
Investment related receivable	`NotesReceivableNet`	$17.81M	USD	Point-in-time
Investment related receivable	`NotesReceivableNet`	$15.84M	USD	Point-in-time
Derivative assets, at fair value	`DerivativeAssets`	$10.00M	USD	Point-in-time
Derivative assets, at fair value	`DerivativeAssets`	$4.42M	USD	Point-in-time
Other assets	`OtherAssets`	$35.46M	USD	Point-in-time
Other assets	`OtherAssets`	$41.16M	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
Total assets	`Assets`	$8.63B	USD	Point-in-time
Total assets	`Assets`	$9.28B	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
Common Stock - shares outstanding	`CommonStockSharesOutstanding`	203.22M	shares	Point-in-time
Common Stock - shares outstanding	`CommonStockSharesOutstanding`	289.68M	shares	Point-in-time
Common Stock - shares issued	`CommonStockSharesIssued`	203.22M	shares	Point-in-time
Common Stock - shares issued	`CommonStockSharesIssued`	289.68M	shares	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$7.85B	USD	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$7.23B	USD	Point-in-time
Derivative liabilities, at fair value	`DerivativeLiabilities`	$6.34M	USD	Point-in-time
Derivative liabilities, at fair value	`DerivativeLiabilities`	$17.26M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$18.97M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$6.34M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$26.07M	USD	Point-in-time
Investment related payable	`InvestmentRelatedLiabilities`	$274.00K	USD	Point-in-time
Investment related payable	`InvestmentRelatedLiabilities`	$274.00K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$377.00K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$823.00K	USD	Point-in-time
Collateral held payable	`OtherSecuredFinancings`	$310.00K	USD	Point-in-time
Collateral held payable	`OtherSecuredFinancings`	$3.55M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.45M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.76M	USD	Point-in-time
Due to affiliate	`DueToAffiliateCurrentAndNoncurrent`	$5.59M	USD	Point-in-time
Due to affiliate	`DueToAffiliateCurrentAndNoncurrent`	$6.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.27B	USD	Point-in-time
Total liabilities	`Liabilities`	$7.90B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock, par value $0.01 per share; 450,000,000 shares authorized; 289,680,760 and 203,222,108 shares issued and outstanding, respectively	`CommonStockValue`	$2.90M	USD	Point-in-time
Common Stock, par value $0.01 per share; 450,000,000 shares authorized; 289,680,760 and 203,222,108 shares issued and outstanding, respectively	`CommonStockValue`	$2.03M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$3.39B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$3.69B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$58.60M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$49.92M	USD	Point-in-time
Retained earnings (distributions in excess of earnings)	`RetainedEarningsAccumulatedDeficit`	$-2.80B	USD	Point-in-time
Retained earnings (distributions in excess of earnings)	`RetainedEarningsAccumulatedDeficit`	$-2.64B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.48B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.16B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.37B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.93B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.41B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.37B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$8.63B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$9.28B	USD	Point-in-time

Income Statement 98 line items

Line Item	Tag	Value	Unit	Period
Mortgage-backed and credit risk transfer securities	`InterestAndDividendIncomeSecurities`	$42.63M	USD	1 Quarter
Mortgage-backed and credit risk transfer securities	`InterestAndDividendIncomeSecurities`	$215.16M	USD	2 Qtrs
Mortgage-backed and credit risk transfer securities	`InterestAndDividendIncomeSecurities`	$82.07M	USD	2 Qtrs
Mortgage-backed and credit risk transfer securities	`InterestAndDividendIncomeSecurities`	$29.63M	USD	1 Quarter
Commercial and other loans	`InterestAndFeeIncomeLoansCommercial`	$545.00K	USD	1 Quarter
Commercial and other loans	`InterestAndFeeIncomeLoansCommercial`	$1.71M	USD	2 Qtrs
Commercial and other loans	`InterestAndFeeIncomeLoansCommercial`	$1.10M	USD	2 Qtrs
Commercial and other loans	`InterestAndFeeIncomeLoansCommercial`	$520.00K	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$216.87M	USD	2 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$30.17M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$43.15M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$83.16M	USD	2 Qtrs
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmountNet`	$-1.27M	USD	1 Quarter
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmountNet`	$77.77M	USD	2 Qtrs
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmountNet`	$-3.18M	USD	1 Quarter
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmountNet`	$-4.84M	USD	2 Qtrs
Secured loans	`InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm`	$8.36M	USD	2 Qtrs
Secured loans	`InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm`	-	USD	2 Qtrs
Secured loans	`InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm`	-	USD	1 Quarter
Secured loans	`InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm`	$1.71M	USD	1 Quarter
Total interest expense	`InterestExpense`	$-4.84M	USD	2 Qtrs
Total interest expense	`InterestExpense`	$442.00K	USD	1 Quarter
Total interest expense	`InterestExpense`	$-3.18M	USD	1 Quarter
Total interest expense	`InterestExpense`	$86.13M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$88.00M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$46.33M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$29.73M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$130.74M	USD	2 Qtrs
Gain (loss) on investments, net	`GainLossOnInvestments`	$72.62M	USD	1 Quarter
Gain (loss) on investments, net	`GainLossOnInvestments`	$-306.37M	USD	1 Quarter
Gain (loss) on investments, net	`GainLossOnInvestments`	$-259.24M	USD	2 Qtrs
Gain (loss) on investments, net	`GainLossOnInvestments`	$-1.06B	USD	2 Qtrs
(Increase) decrease in provision for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	2 Qtrs
(Increase) decrease in provision for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	1 Quarter
(Increase) decrease in provision for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	$-830.00K	USD	1 Quarter
(Increase) decrease in provision for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	$-1.77M	USD	2 Qtrs
Equity in earnings (losses) of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	$318.00K	USD	1 Quarter
Equity in earnings (losses) of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	$331.00K	USD	1 Quarter
Equity in earnings (losses) of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	$237.00K	USD	2 Qtrs
Equity in earnings (losses) of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	$488.00K	USD	2 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$-911.12M	USD	2 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$-186.28M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$100.68M	USD	2 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$-343.00K	USD	1 Quarter
Realized and unrealized credit derivative income (loss), net	`RealizedandUnrealizedCreditDerivativeIncomeLossNet`	-	USD	2 Qtrs
Realized and unrealized credit derivative income (loss), net	`RealizedandUnrealizedCreditDerivativeIncomeLossNet`	$-35.79M	USD	2 Qtrs
Realized and unrealized credit derivative income (loss), net	`RealizedandUnrealizedCreditDerivativeIncomeLossNet`	-	USD	1 Quarter
Realized and unrealized credit derivative income (loss), net	`RealizedandUnrealizedCreditDerivativeIncomeLossNet`	$-2.74M	USD	1 Quarter
Net gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.11M	USD	2 Qtrs
Net gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$3.70M	USD	1 Quarter
Net gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	$16.00K	USD	1 Quarter
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	-	USD	2 Qtrs
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	$1.53M	USD	2 Qtrs
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	$731.00K	USD	1 Quarter
Total other income (loss)	`OtherIncomeLoss`	$-2.01B	USD	2 Qtrs
Total other income (loss)	`OtherIncomeLoss`	$-112.49M	USD	1 Quarter
Total other income (loss)	`OtherIncomeLoss`	$-304.70M	USD	1 Quarter
Total other income (loss)	`OtherIncomeLoss`	$-156.56M	USD	2 Qtrs
Management fee related party	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$20.75M	USD	2 Qtrs
Management fee related party	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$5.46M	USD	1 Quarter
Management fee related party	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$10.34M	USD	2 Qtrs
Management fee related party	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$9.79M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.14M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.18M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.08M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.15M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$7.60M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$13.87M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$27.93M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$14.48M	USD	2 Qtrs
Net income (loss) attributable to Invesco Mortgage Capital Inc.	`NetIncomeLoss`	$-1.91B	USD	2 Qtrs
Net income (loss) attributable to Invesco Mortgage Capital Inc.	`NetIncomeLoss`	$-73.76M	USD	1 Quarter
Net income (loss) attributable to Invesco Mortgage Capital Inc.	`NetIncomeLoss`	$-9.28M	USD	1 Quarter
Net income (loss) attributable to Invesco Mortgage Capital Inc.	`NetIncomeLoss`	$-288.84M	USD	1 Quarter
Net income (loss) attributable to Invesco Mortgage Capital Inc.	`NetIncomeLoss`	$-1.62B	USD	1 Quarter
Net income (loss) attributable to Invesco Mortgage Capital Inc.	`NetIncomeLoss`	$-83.03M	USD	2 Qtrs
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$21.01M	USD	2 Qtrs
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$9.90M	USD	1 Quarter
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$22.21M	USD	2 Qtrs
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$11.11M	USD	1 Quarter
Issuance and redemption costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	-	USD	2 Qtrs
Issuance and redemption costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	$4.68M	USD	2 Qtrs
Issuance and redemption costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	$4.68M	USD	1 Quarter
Issuance and redemption costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	-	USD	1 Quarter
Net income (loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-108.72M	USD	2 Qtrs
Net income (loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.93B	USD	2 Qtrs
Net income (loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-88.34M	USD	1 Quarter
Net income (loss) available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-299.94M	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$-1.80	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.34	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.45	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$-11.91	USD	2 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-1.80	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.34	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-11.91	USD	2 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.45	USD	2 Qtrs

Cash Flow Statement 97 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-1.91B	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-83.03M	USD	2 Qtrs
Amortization of mortgage-backed and credit risk transfer securities premiums and (discounts), net	`AmortizationOfMortgageBackedAndCreditRiskTransferSecuritiesPremiumsDiscountsNet`	$-20.39M	USD	2 Qtrs
Amortization of mortgage-backed and credit risk transfer securities premiums and (discounts), net	`AmortizationOfMortgageBackedAndCreditRiskTransferSecuritiesPremiumsDiscountsNet`	$-9.97M	USD	2 Qtrs
Realized and unrealized (gain) loss on derivative instruments, net	`RealizedAndUnrealizedGainLossOnDerivativeInstrumentsNet`	$109.80M	USD	2 Qtrs
Realized and unrealized (gain) loss on derivative instruments, net	`RealizedAndUnrealizedGainLossOnDerivativeInstrumentsNet`	$-923.05M	USD	2 Qtrs
Realized and unrealized (gain) loss on credit derivatives, net	`RealizedAndUnrealizedGainLossOnCreditDerivativesNet`	-	USD	2 Qtrs
Realized and unrealized (gain) loss on credit derivatives, net	`RealizedAndUnrealizedGainLossOnCreditDerivativesNet`	$-41.63M	USD	2 Qtrs
(Gain) loss on investments, net	`GainLossOnInvestments`	$72.62M	USD	1 Quarter
(Gain) loss on investments, net	`GainLossOnInvestments`	$-306.37M	USD	1 Quarter
(Gain) loss on investments, net	`GainLossOnInvestments`	$-259.24M	USD	2 Qtrs
(Gain) loss on investments, net	`GainLossOnInvestments`	$-1.06B	USD	2 Qtrs
Increase (decrease) in provision for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	2 Qtrs
Increase (decrease) in provision for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	-	USD	1 Quarter
Increase (decrease) in provision for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	$-830.00K	USD	1 Quarter
Increase (decrease) in provision for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	$-1.77M	USD	2 Qtrs
(Gain) loss from investments in unconsolidated ventures in excess of distributions received	`IncomeLossFromInvestmentsInUnconsolidatedVenturesInExcessOfDistributionsReceived`	$-24.00K	USD	2 Qtrs
(Gain) loss from investments in unconsolidated ventures in excess of distributions received	`IncomeLossFromInvestmentsInUnconsolidatedVenturesInExcessOfDistributionsReceived`	$-243.00K	USD	2 Qtrs
Other amortization	`OtherAmortization`	$10.43M	USD	2 Qtrs
Other amortization	`OtherAmortization`	$14.31M	USD	2 Qtrs
Net (gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.11M	USD	2 Qtrs
Net (gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net (gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$3.70M	USD	1 Quarter
Net (gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
(Increase) decrease in operating assets	`IncreaseDecreaseInOperatingAssets`	$1.11M	USD	2 Qtrs
(Increase) decrease in operating assets	`IncreaseDecreaseInOperatingAssets`	$-54.57M	USD	2 Qtrs
Increase (decrease) in operating liabilities	`IncreaseDecreaseInOperatingLiabilities`	$-42.46M	USD	2 Qtrs
Increase (decrease) in operating liabilities	`IncreaseDecreaseInOperatingLiabilities`	$-39.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$73.48M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$130.61M	USD	2 Qtrs
Purchase of mortgage-backed and credit risk transfer securities	`PaymentsToAcquireMarketableSecurities`	$4.95B	USD	2 Qtrs
Purchase of mortgage-backed and credit risk transfer securities	`PaymentsToAcquireMarketableSecurities`	$11.00B	USD	2 Qtrs
Distributions from investments in unconsolidated ventures, net	`ContributionsDistributionsInEquityMethodInvestee`	$-2.60M	USD	2 Qtrs
Distributions from investments in unconsolidated ventures, net	`ContributionsDistributionsInEquityMethodInvestee`	$-2.42M	USD	2 Qtrs
Change in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$-40.85M	USD	2 Qtrs
Change in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Principal payments from mortgage-backed and credit risk transfer securities	`ProceedsfromMaturitiesPrepaymentsandCallsofMarketableSecurities`	$416.52M	USD	2 Qtrs
Principal payments from mortgage-backed and credit risk transfer securities	`ProceedsfromMaturitiesPrepaymentsandCallsofMarketableSecurities`	$690.09M	USD	2 Qtrs
Proceeds from sale of mortgage-backed and credit risk transfer securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$23.12B	USD	2 Qtrs
Proceeds from sale of mortgage-backed and credit risk transfer securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$9.76B	USD	2 Qtrs
Payment on the sale of credit derivatives	`PaymentsOnSaleOfCreditDerivative`	$14.13M	USD	2 Qtrs
Payment on the sale of credit derivatives	`PaymentsOnSaleOfCreditDerivative`	-	USD	2 Qtrs
Settlement (termination) of forwards, swaps, swaptions and TBAs, net	`ProceedsFromPaymentsForSettlementOrTerminationOfForwardsSwapsFuturesAndTBAsNet`	$126.30M	USD	2 Qtrs
Settlement (termination) of forwards, swaps, swaptions and TBAs, net	`ProceedsFromPaymentsForSettlementOrTerminationOfForwardsSwapsFuturesAndTBAsNet`	$-904.36M	USD	2 Qtrs
Redemption of Federal Home Loan Bank of Indianapolis stock	`IncreaseDecreaseInLoansToFederalHomeLoanBanks`	-	USD	2 Qtrs
Redemption of Federal Home Loan Bank of Indianapolis stock	`IncreaseDecreaseInLoansToFederalHomeLoanBanks`	$-36.56M	USD	2 Qtrs
Net change in due from counterparties and collateral held payable on derivative instruments	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableInvestingActivities`	$-170.00K	USD	2 Qtrs
Net change in due from counterparties and collateral held payable on derivative instruments	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableInvestingActivities`	$-942.00K	USD	2 Qtrs
Principal payments from commercial loans held-for-investment	`ProceedsfromPrincipalRepaymentsonCommercialLoans`	$136.00K	USD	2 Qtrs
Principal payments from commercial loans held-for-investment	`ProceedsfromPrincipalRepaymentsonCommercialLoans`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-704.15M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$18.02B	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$307.62M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$347.13M	USD	2 Qtrs
Redemption of preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Redemption of preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$140.04M	USD	2 Qtrs
Principal repayments of secured loans	`RepaymentsOfSecuredDebt`	$910.00M	USD	2 Qtrs
Principal repayments of secured loans	`RepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Proceeds from repurchase agreements	`ProceedsFromOtherShortTermDebt`	$54.83B	USD	2 Qtrs
Proceeds from repurchase agreements	`ProceedsFromOtherShortTermDebt`	$45.81B	USD	2 Qtrs
Principal repayments of repurchase agreements and related fees	`RepaymentsOfOtherShortTermDebt`	$63.34B	USD	2 Qtrs
Principal repayments of repurchase agreements and related fees	`RepaymentsOfOtherShortTermDebt`	$54.20B	USD	2 Qtrs
Net change in due from counterparties and collateral held payable on repurchase agreements	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableOnRepurchaseAgreementsFinancingActivities`	$1.52M	USD	2 Qtrs
Net change in due from counterparties and collateral held payable on repurchase agreements	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableOnRepurchaseAgreementsFinancingActivities`	$-32.57M	USD	2 Qtrs
Payments of deferred offering costs	`PaymentsOfFinancingCosts`	$94.00K	USD	2 Qtrs
Payments of deferred offering costs	`PaymentsOfFinancingCosts`	$281.00K	USD	2 Qtrs
Payments of dividends	`PaymentsOfOrdinaryDividends`	$102.59M	USD	2 Qtrs
Payments of dividends	`PaymentsOfOrdinaryDividends`	$62.15M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$726.13M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-18.17B	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-17.93M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$95.47M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$488.05M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$271.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$289.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$392.58M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$488.05M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$271.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$289.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$392.58M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$6.41M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$144.53M	USD	2 Qtrs
Net change in unrealized gain (loss) on mortgage-backed and credit risk transfer securities	`NetChangeInUnrealizedGainLossOnMortgageBackedAndCreditriskTransferSecurities`	$-168.14M	USD	2 Qtrs
Net change in unrealized gain (loss) on mortgage-backed and credit risk transfer securities	`NetChangeInUnrealizedGainLossOnMortgageBackedAndCreditriskTransferSecurities`	$2.14M	USD	2 Qtrs
Dividends declared not paid	`DividendsPayableCurrentAndNoncurrent`	$18.97M	USD	Point-in-time
Dividends declared not paid	`DividendsPayableCurrentAndNoncurrent`	$6.34M	USD	Point-in-time
Dividends declared not paid	`DividendsPayableCurrentAndNoncurrent`	$26.07M	USD	Point-in-time
Increase (decrease) in Agency CMBS purchase commitments	`IncreaseDecreaseInAgencyCMBSPurchaseCommitments`	$-99.56M	USD	2 Qtrs
Increase (decrease) in Agency CMBS purchase commitments	`IncreaseDecreaseInAgencyCMBSPurchaseCommitments`	-	USD	2 Qtrs
Net change in investment related receivable (payable) excluding Agency CMBS purchase commitments	`NetChangeInInvestmentRelatedReceivablePayableExcludingAgencyCMBSPurchaseCommitments`	$-5.00K	USD	2 Qtrs
Net change in investment related receivable (payable) excluding Agency CMBS purchase commitments	`NetChangeInInvestmentRelatedReceivablePayableExcludingAgencyCMBSPurchaseCommitments`	$29.48M	USD	2 Qtrs
Dividend paid in common stock	`DividendPaidInCommonStockNoncash`	$74.23M	USD	2 Qtrs
Dividend paid in common stock	`DividendPaidInCommonStockNoncash`	-	USD	2 Qtrs
Offering costs not paid	`OfferingCostsNotPaid`	$647.00K	USD	2 Qtrs
Offering costs not paid	`OfferingCostsNotPaid`	$101.00K	USD	2 Qtrs
Change in foreign currency translation adjustment on other investments	`ChangeInForeignCurrentlyTranslationAdjustmentOnOtherInvestments`	$23.00K	USD	2 Qtrs
Change in foreign currency translation adjustment on other investments	`ChangeInForeignCurrentlyTranslationAdjustmentOnOtherInvestments`	$-92.00K	USD	2 Qtrs

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.48B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.16B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.37B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.93B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.41B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.37B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-1.91B	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-73.76M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-9.28M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-288.84M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.62B	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-83.03M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-159.24M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.68M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-23.38M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.91M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-182.62M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.78M	USD	1 Quarter
Proceeds from issuance of common stock, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$145.88M	USD	1 Quarter
Proceeds from issuance of common stock, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$347.03M	USD	1 Quarter
Proceeds from issuance of common stock, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$160.98M	USD	1 Quarter
Stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$2.00K	USD	1 Quarter
Common stock dividends (in shares)	`CommonStockDividendsShares`	16.34M	shares	Point-in-time
Common stock dividends	`StockIssuedDuringPeriodValueStockDividend`	$70.61M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$22.18M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$82.48M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$26.07M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$8.20M	USD	Point-in-time
Preferred stock dividends	`DividendsPreferredStockCash`	$11.11M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStockCash`	$9.90M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStockCash`	$11.11M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStockCash`	$11.11M	USD	1 Quarter
Redemption of preferred stock (in shares)	`StockRepurchasedDuringPeriodShares`	0.00	shares	1 Quarter
Redemption of preferred stock (in shares)	`StockRepurchasedDuringPeriodShares`	0.00	shares	2 Qtrs
Redemption of preferred stock (in shares)	`StockRepurchasedDuringPeriodShares`	0.00	shares	1 Quarter
Redemption of preferred stock (in shares)	`StockRepurchasedDuringPeriodShares`	0.00	shares	2 Qtrs
Redemption of preferred stock	`StockRepurchasedDuringPeriodValue`	$140.04M	USD	1 Quarter
Amortization of equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$129.00K	USD	1 Quarter
Amortization of equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$239.00K	USD	1 Quarter
Amortization of equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$128.00K	USD	1 Quarter
Amortization of equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$131.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.48B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.16B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.37B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.93B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.41B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.37B	USD	Point-in-time

Comprehensive Income 44 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-1.91B	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-73.76M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-9.28M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-288.84M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.62B	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-83.03M	USD	2 Qtrs
Unrealized gain (loss) on mortgage-backed and credit risk transfer securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-53.27M	USD	1 Quarter
Unrealized gain (loss) on mortgage-backed and credit risk transfer securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.14M	USD	2 Qtrs
Unrealized gain (loss) on mortgage-backed and credit risk transfer securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.16M	USD	1 Quarter
Unrealized gain (loss) on mortgage-backed and credit risk transfer securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-239.88M	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`	$-71.74M	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`	-	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`	$-34.78M	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`	-	USD	2 Qtrs
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax`	$-5.43M	USD	1 Quarter
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax`	$-14.57M	USD	2 Qtrs
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax`	$-10.80M	USD	2 Qtrs
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax`	$-4.50M	USD	1 Quarter
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$92.00K	USD	2 Qtrs
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-23.00K	USD	2 Qtrs
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-632.00K	USD	1 Quarter
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-388.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-159.24M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.68M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-23.38M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.91M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-182.62M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.78M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-91.72M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-2.09B	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-78.66M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-312.22M	USD	1 Quarter
Less: Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$21.01M	USD	2 Qtrs
Less: Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$9.90M	USD	1 Quarter
Less: Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$22.21M	USD	2 Qtrs
Less: Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$11.11M	USD	1 Quarter
Less: Issuance and redemption costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	-	USD	2 Qtrs
Less: Issuance and redemption costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	$4.68M	USD	2 Qtrs
Less: Issuance and redemption costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	$4.68M	USD	1 Quarter
Less: Issuance and redemption costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	-	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$-323.32M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$-93.25M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$-117.41M	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$-2.11B	USD	2 Qtrs

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