10-K Filing

INVESCO MORTGAGE CAPITAL INC. CIK: 1437071 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001437071-22-000007`
Period End Date	20211231
Filing Date	20220217
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	ivr-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 78 Cash Flow Statement 131 Stockholders Equity 32 Comprehensive Income 33

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
MBS and GSE CRT pledged as collateral	`MarketableSecuritiesPledgedAsCollateral`	$7.33B	USD	Point-in-time
MBS and GSE CRT pledged as collateral	`MarketableSecuritiesPledgedAsCollateral`	$7.61B	USD	Point-in-time
Allowance for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	-	USD	Point-in-time
Allowance for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$1.77M	USD	Point-in-time
Allowance for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	-	USD	Point-in-time
Mortgage-backed securities, at fair value (including pledged securities of $7,326,175 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
Mortgage-backed securities, at fair value (including pledged securities of $7,326,175 and $7,614,935, respectively; net of allowance for credit losses of $1,768 as of December 31, 2020)	`MarketableSecurities`	$7.80B	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`	$148.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$357.13M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$219.92M	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
Due from counterparties	`DueFromCounterparties`	$7.99M	USD	Point-in-time
Due from counterparties	`DueFromCounterparties`	$1.08M	USD	Point-in-time
Investment related receivable	`NotesReceivableNet`	$15.84M	USD	Point-in-time
Investment related receivable	`NotesReceivableNet`	$16.77M	USD	Point-in-time
Derivative assets, at fair value	`DerivativeAssets`	$270.00K	USD	Point-in-time
Derivative assets, at fair value	`DerivativeAssets`	$10.00M	USD	Point-in-time
Other assets	`OtherAssets`	$37.51M	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
Total assets	`Assets`	$8.44B	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
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 issued	`CommonStockSharesIssued`	329.87M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	203.22M	shares	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$7.23B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	203.22M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	329.87M	shares	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$6.99B	USD	Point-in-time
Derivative liabilities, at fair value	`DerivativeLiabilities`	$6.34M	USD	Point-in-time
Derivative liabilities, at fair value	`DerivativeLiabilities`	$14.36M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$18.97M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$74.84M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$29.69M	USD	Point-in-time
Investment related payable	`InvestmentRelatedLiabilities`	-	USD	Point-in-time
Investment related payable	`InvestmentRelatedLiabilities`	$274.00K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$1.17M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$823.00K	USD	Point-in-time
Collateral held payable	`OtherSecuredFinancings`	$3.55M	USD	Point-in-time
Collateral held payable	`OtherSecuredFinancings`	$280.00K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.89M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.45M	USD	Point-in-time
Due to affiliate	`DueToAffiliateCurrentAndNoncurrent`	$6.49M	USD	Point-in-time
Due to affiliate	`DueToAffiliateCurrentAndNoncurrent`	$5.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.04B	USD	Point-in-time
Total liabilities	`Liabilities`	$7.27B	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; 329,874,780 and 203,222,108 shares issued and outstanding, respectively	`CommonStockValue`	$2.03M	USD	Point-in-time
Common Stock, par value $0.01 per share; 450,000,000 shares authorized; 329,874,780 and 203,222,108 shares issued and outstanding, respectively	`CommonStockValue`	$3.30M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$3.39B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$3.82B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$58.60M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$37.29M	USD	Point-in-time
Retained earnings (distributions in excess of earnings)	`RetainedEarningsAccumulatedDeficit`	$-2.64B	USD	Point-in-time
Retained earnings (distributions in excess of earnings)	`RetainedEarningsAccumulatedDeficit`	$-2.88B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.40B	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`	$2.29B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$8.44B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$8.63B	USD	Point-in-time

Income Statement 78 line items

Line Item	Tag	Value	Unit	Period
Mortgage-backed and credit risk transfer securities	`InterestAndDividendIncomeSecurities`	$167.06M	USD	Annual
Mortgage-backed and credit risk transfer securities	`InterestAndDividendIncomeSecurities`	$772.66M	USD	Annual
Mortgage-backed and credit risk transfer securities	`InterestAndDividendIncomeSecurities`	$277.40M	USD	Annual
Commercial and other loans	`InterestAndFeeIncomeLoansCommercial`	$2.15M	USD	Annual
Commercial and other loans	`InterestAndFeeIncomeLoansCommercial`	$5.71M	USD	Annual
Commercial and other loans	`InterestAndFeeIncomeLoansCommercial`	$2.77M	USD	Annual
Total interest income	`InterestAndDividendIncomeOperating`	$778.37M	USD	Annual
Total interest income	`InterestAndDividendIncomeOperating`	$169.20M	USD	Annual
Total interest income	`InterestAndDividendIncomeOperating`	$280.17M	USD	Annual
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmountNet`	$-11.29M	USD	Annual
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmountNet`	$73.61M	USD	Annual
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmountNet`	$430.70M	USD	Annual
Secured loans	`InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm`	$41.62M	USD	Annual
Secured loans	`InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm`	-	USD	Annual
Secured loans	`InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm`	$8.65M	USD	Annual
Total interest expense	`InterestExpense`	$472.32M	USD	Annual
Total interest expense	`InterestExpense`	$82.26M	USD	Annual
Total interest expense	`InterestExpense`	$-11.29M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$306.05M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$180.49M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$197.90M	USD	Annual
Gain (loss) on investments, net	`GainLossOnInvestments`	$-961.94M	USD	Annual
Gain (loss) on investments, net	`GainLossOnInvestments`	$-366.51M	USD	Annual
Gain (loss) on investments, net	`GainLossOnInvestments`	$624.47M	USD	Annual
(Increase) decrease in provision for credit losses	`DebtSecuritiesAvailableForSaleChangeInPresentValueExpenseReversal`	-	USD	Annual
(Increase) decrease in provision for credit losses	`DebtSecuritiesAvailableForSaleChangeInPresentValueExpenseReversal`	$1.77M	USD	Annual
(Increase) decrease in provision for credit losses	`DebtSecuritiesAvailableForSaleChangeInPresentValueExpenseReversal`	$-1.77M	USD	Annual
Equity in earnings of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	$870.00K	USD	Annual
Equity in earnings of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	$2.22M	USD	Annual
Equity in earnings of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	$1.16M	USD	Annual
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$-534.75M	USD	Annual
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$-851.05M	USD	Annual
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$122.61M	USD	Annual
Realized and unrealized credit derivative income (loss), net	`RealizedandUnrealizedCreditDerivativeIncomeLossNet`	-	USD	Annual
Realized and unrealized credit derivative income (loss), net	`RealizedandUnrealizedCreditDerivativeIncomeLossNet`	$-35.31M	USD	Annual
Realized and unrealized credit derivative income (loss), net	`RealizedandUnrealizedCreditDerivativeIncomeLossNet`	$8.34M	USD	Annual
Net gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Net gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Net gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$14.74M	USD	Annual
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	$2.14M	USD	Annual
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	$3.95M	USD	Annual
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	$1.00K	USD	Annual
Total other income (loss)	`OtherIncomeLoss`	$-241.26M	USD	Annual
Total other income (loss)	`OtherIncomeLoss`	$-1.83B	USD	Annual
Total other income (loss)	`OtherIncomeLoss`	$104.23M	USD	Annual
Management fee related party	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$29.37M	USD	Annual
Management fee related party	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$21.08M	USD	Annual
Management fee related party	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$38.17M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$10.86M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$8.15M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$8.00M	USD	Annual
Total expenses	`OperatingExpenses`	$29.23M	USD	Annual
Total expenses	`OperatingExpenses`	$40.23M	USD	Annual
Total expenses	`OperatingExpenses`	$46.17M	USD	Annual
Net income (loss) attributable to Invesco Mortgage Capital Inc.	`NetIncomeLoss`	$364.10M	USD	Annual
Net income (loss) attributable to Invesco Mortgage Capital Inc.	`NetIncomeLoss`	$-90.00M	USD	Annual
Net income (loss) attributable to Invesco Mortgage Capital Inc.	`NetIncomeLoss`	$-1.67B	USD	Annual
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$37.80M	USD	Annual
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$44.43M	USD	Annual
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$44.43M	USD	Annual
Issuance and redemption costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	$4.68M	USD	Annual
Issuance and redemption costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	-	USD	Annual
Issuance and redemption costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	-	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-132.48M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$319.68M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.72B	USD	Annual
Basic (in usd per share)	`EarningsPerShareBasic`	$-9.89	USD	Annual
Basic (in usd per share)	`EarningsPerShareBasic`	$2.42	USD	Annual
Basic (in usd per share)	`EarningsPerShareBasic`	$-0.48	USD	Annual
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-0.48	USD	Annual
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-9.89	USD	Annual
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.42	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	132.31M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	275.13M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	173.73M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	275.13M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	132.32M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	173.73M	shares	Annual

Cash Flow Statement 131 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$364.10M	USD	Annual
Net income (loss)	`ProfitLoss`	$-1.67B	USD	Annual
Net income (loss)	`ProfitLoss`	$-90.00M	USD	Annual
Amortization of mortgage-backed and credit risk transfer securities premiums and (discounts), net	`AmortizationOfMortgageBackedAndCreditRiskTransferSecuritiesPremiumsDiscountsNet`	$-37.40M	USD	Annual
Amortization of mortgage-backed and credit risk transfer securities premiums and (discounts), net	`AmortizationOfMortgageBackedAndCreditRiskTransferSecuritiesPremiumsDiscountsNet`	$-46.24M	USD	Annual
Amortization of mortgage-backed and credit risk transfer securities premiums and (discounts), net	`AmortizationOfMortgageBackedAndCreditRiskTransferSecuritiesPremiumsDiscountsNet`	$-15.98M	USD	Annual
Realized and unrealized (gain) loss on derivative instruments, net	`RealizedAndUnrealizedGainLossOnDerivativeInstrumentsNet`	$-570.60M	USD	Annual
Realized and unrealized (gain) loss on derivative instruments, net	`RealizedAndUnrealizedGainLossOnDerivativeInstrumentsNet`	$138.41M	USD	Annual
Realized and unrealized (gain) loss on derivative instruments, net	`RealizedAndUnrealizedGainLossOnDerivativeInstrumentsNet`	$-859.10M	USD	Annual
Realized and unrealized (gain) loss on credit derivatives, net	`RealizedAndUnrealizedGainLossOnCreditDerivativesNet`	$-41.63M	USD	Annual
Realized and unrealized (gain) loss on credit derivatives, net	`RealizedAndUnrealizedGainLossOnCreditDerivativesNet`	-	USD	Annual
Realized and unrealized (gain) loss on credit derivatives, net	`RealizedAndUnrealizedGainLossOnCreditDerivativesNet`	$-12.49M	USD	Annual
(Gain) loss on investments, net	`GainLossOnInvestments`	$-961.94M	USD	Annual
(Gain) loss on investments, net	`GainLossOnInvestments`	$-366.51M	USD	Annual
(Gain) loss on investments, net	`GainLossOnInvestments`	$624.47M	USD	Annual
Increase (decrease) in provision for credit losses	`DebtSecuritiesAvailableForSaleChangeInPresentValueExpenseReversal`	-	USD	Annual
Increase (decrease) in provision for credit losses	`DebtSecuritiesAvailableForSaleChangeInPresentValueExpenseReversal`	$1.77M	USD	Annual
Increase (decrease) in provision for credit losses	`DebtSecuritiesAvailableForSaleChangeInPresentValueExpenseReversal`	$-1.77M	USD	Annual
(Gain) loss from investments in unconsolidated ventures in excess of distributions received	`IncomeLossFromInvestmentsInUnconsolidatedVenturesInExcessOfDistributionsReceived`	$-9.00K	USD	Annual
(Gain) loss from investments in unconsolidated ventures in excess of distributions received	`IncomeLossFromInvestmentsInUnconsolidatedVenturesInExcessOfDistributionsReceived`	$490.00K	USD	Annual
(Gain) loss from investments in unconsolidated ventures in excess of distributions received	`IncomeLossFromInvestmentsInUnconsolidatedVenturesInExcessOfDistributionsReceived`	$-229.00K	USD	Annual
Other amortization	`OtherAmortization`	$23.28M	USD	Annual
Other amortization	`OtherAmortization`	$23.21M	USD	Annual
Other amortization	`OtherAmortization`	$21.38M	USD	Annual
Net (gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Net (gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Net (gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$14.74M	USD	Annual
(Increase) decrease in operating assets	`IncreaseDecreaseInOperatingAssets`	$-51.65M	USD	Annual
(Increase) decrease in operating assets	`IncreaseDecreaseInOperatingAssets`	$1.17M	USD	Annual
(Increase) decrease in operating assets	`IncreaseDecreaseInOperatingAssets`	$8.10M	USD	Annual
Increase (decrease) in operating liabilities	`IncreaseDecreaseInOperatingLiabilities`	$1.11M	USD	Annual
Increase (decrease) in operating liabilities	`IncreaseDecreaseInOperatingLiabilities`	$6.19M	USD	Annual
Increase (decrease) in operating liabilities	`IncreaseDecreaseInOperatingLiabilities`	$-49.46M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$170.46M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$343.36M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$152.29M	USD	Annual
Purchase of mortgage-backed and credit risk transfer securities	`PaymentsToAcquireMarketableSecurities`	$17.13B	USD	Annual
Purchase of mortgage-backed and credit risk transfer securities	`PaymentsToAcquireMarketableSecurities`	$13.61B	USD	Annual
Purchase of mortgage-backed and credit risk transfer securities	`PaymentsToAcquireMarketableSecurities`	$9.24B	USD	Annual
Distributions from (contributions to) investments in unconsolidated ventures, net	`ContributionsDistributionsInEquityMethodInvestee`	$-3.85M	USD	Annual
Distributions from (contributions to) investments in unconsolidated ventures, net	`ContributionsDistributionsInEquityMethodInvestee`	$-6.50M	USD	Annual
Distributions from (contributions to) investments in unconsolidated ventures, net	`ContributionsDistributionsInEquityMethodInvestee`	$-1.35M	USD	Annual
Change in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Change in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$-40.85M	USD	Annual
Change in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$-10.33M	USD	Annual
Principal payments from mortgage-backed and credit risk transfer securities	`ProceedsfromMaturitiesPrepaymentsandCallsofMarketableSecurities`	$2.19B	USD	Annual
Principal payments from mortgage-backed and credit risk transfer securities	`ProceedsfromMaturitiesPrepaymentsandCallsofMarketableSecurities`	$825.19M	USD	Annual
Principal payments from mortgage-backed and credit risk transfer securities	`ProceedsfromMaturitiesPrepaymentsandCallsofMarketableSecurities`	$892.59M	USD	Annual
Proceeds from sale of mortgage-backed and credit risk transfer securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$3.31B	USD	Annual
Proceeds from sale of mortgage-backed and credit risk transfer securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$16.27B	USD	Annual
Proceeds from sale of mortgage-backed and credit risk transfer securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$25.03B	USD	Annual
Payment on the sale of credit derivatives	`PaymentOnSaleOfCreditDerivatives`	-	USD	Annual
Payment on the sale of credit derivatives	`PaymentOnSaleOfCreditDerivatives`	-	USD	Annual
Payment on the sale of credit derivatives	`PaymentOnSaleOfCreditDerivatives`	$31.35M	USD	Annual
Settlement (termination) of futures, forwards, swaps, swaptions and TBAs, net	`PaymentsForProceedsFromTerminationofFuturesForwardsSwapsSwaptionsAndTBAs`	$597.08M	USD	Annual
Settlement (termination) of futures, forwards, swaps, swaptions and TBAs, net	`PaymentsForProceedsFromTerminationofFuturesForwardsSwapsSwaptionsAndTBAs`	$844.58M	USD	Annual
Settlement (termination) of futures, forwards, swaps, swaptions and TBAs, net	`PaymentsForProceedsFromTerminationofFuturesForwardsSwapsSwaptionsAndTBAs`	$-156.16M	USD	Annual
Redemption of Federal Home Loan Bank of Indianapolis stock	`IncreaseDecreaseInLoansToFederalHomeLoanBanks`	-	USD	Annual
Redemption of Federal Home Loan Bank of Indianapolis stock	`IncreaseDecreaseInLoansToFederalHomeLoanBanks`	-	USD	Annual
Redemption of Federal Home Loan Bank of Indianapolis stock	`IncreaseDecreaseInLoansToFederalHomeLoanBanks`	$-74.25M	USD	Annual
Net change in due from counterparties and collateral held payable on derivative instruments	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableInvestingActivities`	$-3.17M	USD	Annual
Net change in due from counterparties and collateral held payable on derivative instruments	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableInvestingActivities`	$-5.43M	USD	Annual
Net change in due from counterparties and collateral held payable on derivative instruments	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableInvestingActivities`	$1.09M	USD	Annual
Principal payments from commercial loans held-for-investment	`ProceedsfromPrincipalRepaymentsonCommercialLoans`	$136.00K	USD	Annual
Principal payments from commercial loans held-for-investment	`ProceedsfromPrincipalRepaymentsonCommercialLoans`	-	USD	Annual
Principal payments from commercial loans held-for-investment	`ProceedsfromPrincipalRepaymentsonCommercialLoans`	$7.53M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.32B	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$120.75M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$11.55B	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$420.74M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$509.07M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$430.50M	USD	Annual
Redemption of preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	-	USD	Annual
Redemption of preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	-	USD	Annual
Redemption of preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$140.04M	USD	Annual
Principal repayments of secured loans	`RepaymentsOfSecuredDebt`	$1.65B	USD	Annual
Principal repayments of secured loans	`RepaymentsOfSecuredDebt`	-	USD	Annual
Principal repayments of secured loans	`RepaymentsOfSecuredDebt`	-	USD	Annual
Proceeds from repurchase agreements	`ProceedsFromOtherShortTermDebt`	$82.35B	USD	Annual
Proceeds from repurchase agreements	`ProceedsFromOtherShortTermDebt`	$75.70B	USD	Annual
Proceeds from repurchase agreements	`ProceedsFromOtherShortTermDebt`	$131.62B	USD	Annual
Principal repayments of repurchase agreements and related fees	`RepaymentsOfOtherShortTermDebt`	$85.99B	USD	Annual
Principal repayments of repurchase agreements and related fees	`RepaymentsOfOtherShortTermDebt`	$127.69B	USD	Annual
Principal repayments of repurchase agreements and related fees	`RepaymentsOfOtherShortTermDebt`	$82.59B	USD	Annual
Net change in due from counterparties and collateral held payable on repurchase agreements	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableOnRepurchaseAgreementsFinancingActivities`	$32.56M	USD	Annual
Net change in due from counterparties and collateral held payable on repurchase agreements	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableOnRepurchaseAgreementsFinancingActivities`	$4.74M	USD	Annual
Net change in due from counterparties and collateral held payable on repurchase agreements	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableOnRepurchaseAgreementsFinancingActivities`	$-33.77M	USD	Annual
Payments of deferred costs	`PaymentsOfFinancingCosts`	$346.00K	USD	Annual
Payments of deferred costs	`PaymentsOfFinancingCosts`	$354.00K	USD	Annual
Payments of deferred costs	`PaymentsOfFinancingCosts`	$35.00K	USD	Annual
Payments of dividends	`PaymentsOfOrdinaryDividends`	$271.23M	USD	Annual
Payments of dividends	`PaymentsOfOrdinaryDividends`	$133.07M	USD	Annual
Payments of dividends	`PaymentsOfOrdinaryDividends`	$137.50M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.13B	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.62B	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-88.57M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$153.88M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$103.08M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$184.47M	USD	Annual
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$135.62M	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, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$577.05M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$135.62M	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
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$577.05M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$10.36M	USD	Annual
Interest paid	`InterestPaidNet`	$149.23M	USD	Annual
Interest paid	`InterestPaidNet`	$489.66M	USD	Annual
Net change in unrealized gain (loss) on mortgage-backed and credit risk transfer securities	`NetChangeInUnrealizedGainLossOnMortgageBackedAndCreditRiskTransferSecurities`	$93.04M	USD	Annual
Net change in unrealized gain (loss) on mortgage-backed and credit risk transfer securities	`NetChangeInUnrealizedGainLossOnMortgageBackedAndCreditRiskTransferSecurities`	$756.00K	USD	Annual
Net change in unrealized gain (loss) on mortgage-backed and credit risk transfer securities	`NetChangeInUnrealizedGainLossOnMortgageBackedAndCreditRiskTransferSecurities`	$-207.71M	USD	Annual
Dividends declared not paid	`DividendsPayableCurrentAndNoncurrent`	$18.97M	USD	Point-in-time
Dividends declared not paid	`DividendsPayableCurrentAndNoncurrent`	$74.84M	USD	Point-in-time
Dividends declared not paid	`DividendsPayableCurrentAndNoncurrent`	$29.69M	USD	Point-in-time
Increase (decrease) in Agency CMBS purchase commitments	`IncreaseDecreaseInAgencyCMBSPurchaseCommitments`	$-99.56M	USD	Annual
Increase (decrease) in Agency CMBS purchase commitments	`IncreaseDecreaseInAgencyCMBSPurchaseCommitments`	$-32.53M	USD	Annual
Increase (decrease) in Agency CMBS purchase commitments	`IncreaseDecreaseInAgencyCMBSPurchaseCommitments`	-	USD	Annual
Net change in investment related receivable (payable) excluding Agency CMBS purchase commitments	`NetChangeInInvestmentRelatedReceivablePayableExcludingAgencyCMBSPurchaseCommitments`	$5.72M	USD	Annual
Net change in investment related receivable (payable) excluding Agency CMBS purchase commitments	`NetChangeInInvestmentRelatedReceivablePayableExcludingAgencyCMBSPurchaseCommitments`	$46.00K	USD	Annual
Net change in investment related receivable (payable) excluding Agency CMBS purchase commitments	`NetChangeInInvestmentRelatedReceivablePayableExcludingAgencyCMBSPurchaseCommitments`	$266.00K	USD	Annual
Change in foreign currency translation adjustment on other investments	`ChangeInForeignCurrentlyTranslationAdjustmentOnOtherInvestments`	$1.16M	USD	Annual
Change in foreign currency translation adjustment on other investments	`ChangeInForeignCurrentlyTranslationAdjustmentOnOtherInvestments`	$75.00K	USD	Annual
Change in foreign currency translation adjustment on other investments	`ChangeInForeignCurrentlyTranslationAdjustmentOnOtherInvestments`	$-1.14M	USD	Annual
Dividend paid in common stock	`DividendPaidInCommonStockNoncash`	-	USD	Annual
Dividend paid in common stock	`DividendPaidInCommonStockNoncash`	$74.23M	USD	Annual
Dividend paid in common stock	`DividendPaidInCommonStockNoncash`	-	USD	Annual
Offering costs not paid	`OfferingCostsNotPaid`	-	USD	Annual
Offering costs not paid	`OfferingCostsNotPaid`	$527.00K	USD	Annual
Offering costs not paid	`OfferingCostsNotPaid`	$48.00K	USD	Annual

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.40B	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`	$2.29B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$364.10M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-90.00M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-1.67B	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-21.32M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$68.15M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-230.36M	USD	Annual
Proceeds from issuance of common stock, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$508.93M	USD	Annual
Proceeds from issuance of common stock, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$429.50M	USD	Annual
Proceeds from issuance of common stock, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$420.74M	USD	Annual
Stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.00K	USD	Annual
Stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	Annual
Stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$2.00K	USD	Annual
Common stock dividends	`DividendsCommonStockCash`	$37.20M	USD	Annual
Common stock dividends	`DividendsCommonStockCash`	$252.07M	USD	Annual
Common stock dividends	`DividendsCommonStockCash`	$105.99M	USD	Annual
Common stock dividends	`DividendsCommonStockCash`	$8.20M	USD	Point-in-time
Common stock dividends (in shares)	`CommonStockDividendsShares`	16.34M	shares	Point-in-time
Preferred stock dividends	`DividendsPreferredStockCash`	$44.43M	USD	Annual
Preferred stock dividends	`DividendsPreferredStockCash`	$44.43M	USD	Annual
Preferred stock dividends	`DividendsPreferredStockCash`	$37.80M	USD	Annual
Redemption of preferred stock	`StockRepurchasedDuringPeriodValue`	$140.04M	USD	Annual
Amortization of equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$522.00K	USD	Annual
Amortization of equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$615.00K	USD	Annual
Amortization of equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$517.00K	USD	Annual
Ending balance	`StockholdersEquity`	$1.40B	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`	$2.29B	USD	Point-in-time

Comprehensive Income 33 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$364.10M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-90.00M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-1.67B	USD	Annual
Unrealized gain (loss) on mortgage-backed and credit risk transfer securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$756.00K	USD	Annual
Unrealized gain (loss) on mortgage-backed and credit risk transfer securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-223.42M	USD	Annual
Unrealized gain (loss) on mortgage-backed and credit risk transfer securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$83.97M	USD	Annual
Reclassification of unrealized (gain) loss on sale of mortgage-backed and credit risk transfer securities to gain (loss) on investments, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-13.94M	USD	Annual
Reclassification of unrealized (gain) loss on sale of mortgage-backed and credit risk transfer securities to gain (loss) on investments, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	Annual
Reclassification of unrealized (gain) loss on sale of mortgage-backed and credit risk transfer securities to gain (loss) on investments, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-9.07M	USD	Annual
Reclassification of unrealized loss on available-for-sale securities to (increase) decrease in provision for credit losses	`OtherComprehensiveIncomeLossReclassificationOfUnrealizedLossOnAvailableForSaleSecuritiesToIncreaseDecreaseInProvisionForCreditLossesNetOfTax`	-	USD	Annual
Reclassification of unrealized loss on available-for-sale securities to (increase) decrease in provision for credit losses	`OtherComprehensiveIncomeLossReclassificationOfUnrealizedLossOnAvailableForSaleSecuritiesToIncreaseDecreaseInProvisionForCreditLossesNetOfTax`	$-1.77M	USD	Annual
Reclassification of unrealized loss on available-for-sale securities to (increase) decrease in provision for credit losses	`OtherComprehensiveIncomeLossReclassificationOfUnrealizedLossOnAvailableForSaleSecuritiesToIncreaseDecreaseInProvisionForCreditLossesNetOfTax`	-	USD	Annual
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax`	$-23.79M	USD	Annual
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax`	$-22.00M	USD	Annual
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax`	$-23.73M	USD	Annual
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.16M	USD	Annual
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-75.00K	USD	Annual
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.14M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-21.32M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$68.15M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-230.36M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$432.25M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-111.32M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.90B	USD	Annual
Less: Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$37.80M	USD	Annual
Less: Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$44.43M	USD	Annual
Less: Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$44.43M	USD	Annual
Less: Issuance and redemption costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	$4.68M	USD	Annual
Less: Issuance and redemption costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	-	USD	Annual
Less: Issuance and redemption costs of redeemed preferred stock	`PreferredStockRedemptionPremium`	-	USD	Annual
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$-1.95B	USD	Annual
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$387.82M	USD	Annual
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$-153.80M	USD	Annual

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