10-Q Filing

INVESCO MORTGAGE CAPITAL INC. CIK: 1437071 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437071-23-000027`
Period End Date	20230630
Filing Date	20230803
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	ivr-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 86 Cash Flow Statement 83 Stockholders Equity 49 Comprehensive Income 48

Balance Sheet 67 line items

Line Item	Tag	Value	Unit	Period
Marketable securities pledged as collateral	`MarketableSecuritiesPledgedAsCollateral`	$4.44B	USD	Point-in-time
Marketable securities pledged as collateral	`MarketableSecuritiesPledgedAsCollateral`	$5.22B	USD	Point-in-time
Mortgage-backed securities, at fair value (including pledged securities of $5,224,675 and $4,439,583, respectively; net of allowance for credit losses of $169 and $0, respectively)	`MarketableSecurities`	$5.51B	USD	Point-in-time
Financing receivable, allowance for credit loss	`FinancingReceivableAllowanceForCreditLosses`	$-169.00K	USD	Point-in-time
Mortgage-backed securities, at fair value (including pledged securities of $5,224,675 and $4,439,583, respectively; net of allowance for credit losses of $169 and $0, respectively)	`MarketableSecurities`	$4.79B	USD	Point-in-time
Financing receivable, allowance for credit loss	`FinancingReceivableAllowanceForCreditLosses`	-	USD	Point-in-time
Preferred Stock - par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$209.04M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$175.53M	USD	Point-in-time
Preferred Stock - par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock - shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Restricted cash	`RestrictedCash`	$103.25M	USD	Point-in-time
Preferred Stock - shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Restricted cash	`RestrictedCash`	$124.67M	USD	Point-in-time
Due from counterparties	`DuefromCounterparties`	-	USD	Point-in-time
Due from counterparties	`DuefromCounterparties`	$1.58M	USD	Point-in-time
Investment related receivable	`NotesReceivableNet`	$22.74M	USD	Point-in-time
Investment related receivable	`NotesReceivableNet`	$23.81M	USD	Point-in-time
Derivative assets, at fair value	`DerivativeAssets`	$662.00K	USD	Point-in-time
Derivative assets, at fair value	`DerivativeAssets`	-	USD	Point-in-time
Other assets	`OtherAssets`	$1.25M	USD	Point-in-time
Other assets	`OtherAssets`	$1.73M	USD	Point-in-time
Common Stock - par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total assets	`Assets`	$5.87B	USD	Point-in-time
Total assets	`Assets`	$5.10B	USD	Point-in-time
Common Stock - par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock - shares authorized (in shares)	`CommonStockSharesAuthorized`	67.00M	shares	Point-in-time
Common Stock - shares authorized (in shares)	`CommonStockSharesAuthorized`	67.00M	shares	Point-in-time
Common Stock - shares issued (in shares)	`CommonStockSharesIssued`	38.71M	shares	Point-in-time
Common Stock - shares issued (in shares)	`CommonStockSharesIssued`	44.58M	shares	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$4.23B	USD	Point-in-time
Common Stock - shares outstanding (in shares)	`CommonStockSharesOutstanding`	38.71M	shares	Point-in-time
Common Stock - shares outstanding (in shares)	`CommonStockSharesOutstanding`	44.58M	shares	Point-in-time
Repurchase agreements	`SecuritiesSoldUnderAgreementsToRepurchase`	$4.96B	USD	Point-in-time
Derivative liabilities, at fair value	`DerivativeLiabilities`	$2.08M	USD	Point-in-time
Derivative liabilities, at fair value	`DerivativeLiabilities`	$2.63M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$25.16M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$29.72M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$17.83M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$20.55M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$40.16M	USD	Point-in-time
Collateral held payable	`OtherSecuredFinancings`	-	USD	Point-in-time
Collateral held payable	`OtherSecuredFinancings`	$4.89M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.36M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.78M	USD	Point-in-time
Due to affiliate	`OtherLiabilities`	$4.45M	USD	Point-in-time
Due to affiliate	`OtherLiabilities`	$3.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.29B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.03B	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; 67,000,000 shares authorized, 44,579,863 and 38,710,916 shares issued and outstanding, respectively	`CommonStockValue`	$387.00K	USD	Point-in-time
Common Stock, par value $0.01 per share; 67,000,000 shares authorized, 44,579,863 and 38,710,916 shares issued and outstanding, respectively	`CommonStockValue`	$445.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$3.90B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$3.97B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$10.76M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.74M	USD	Point-in-time
Retained earnings (distributions in excess of earnings)	`RetainedEarningsAccumulatedDeficit`	$-3.43B	USD	Point-in-time
Retained earnings (distributions in excess of earnings)	`RetainedEarningsAccumulatedDeficit`	$-3.41B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$804.08M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.40B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$840.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.13B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$834.12M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$959.46M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.10B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.87B	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Mortgage-backed and other securities	`InterestAndDividendIncomeSecurities`	$43.99M	USD	1 Quarter
Mortgage-backed and other securities	`InterestAndDividendIncomeSecurities`	$85.63M	USD	2 Qtrs
Mortgage-backed and other securities	`InterestAndDividendIncomeSecurities`	$140.72M	USD	2 Qtrs
Mortgage-backed and other securities	`InterestAndDividendIncomeSecurities`	$71.43M	USD	1 Quarter
Commercial loan	`InterestAndFeeIncomeLoansCommercial`	-	USD	2 Qtrs
Commercial loan	`InterestAndFeeIncomeLoansCommercial`	$561.00K	USD	1 Quarter
Commercial loan	`InterestAndFeeIncomeLoansCommercial`	$1.10M	USD	2 Qtrs
Commercial loan	`InterestAndFeeIncomeLoansCommercial`	-	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$86.73M	USD	2 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$140.72M	USD	2 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$71.43M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$44.55M	USD	1 Quarter
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmountNet`	$3.46M	USD	1 Quarter
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmountNet`	$59.02M	USD	1 Quarter
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmountNet`	$108.75M	USD	2 Qtrs
Repurchase agreements	`RepurchaseAgreementsInterestExpenseAmountNet`	$1.35M	USD	2 Qtrs
Total interest expense	`InterestExpense`	$108.75M	USD	2 Qtrs
Total interest expense	`InterestExpense`	$1.35M	USD	2 Qtrs
Total interest expense	`InterestExpense`	$59.02M	USD	1 Quarter
Total interest expense	`InterestExpense`	$3.46M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$31.97M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$41.10M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$12.41M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$85.38M	USD	2 Qtrs
Gain (loss) on investments, net	`GainLossOnInvestments`	$-47.72M	USD	2 Qtrs
Gain (loss) on investments, net	`GainLossOnInvestments`	$-99.68M	USD	1 Quarter
Gain (loss) on investments, net	`GainLossOnInvestments`	$-829.26M	USD	2 Qtrs
Gain (loss) on investments, net	`GainLossOnInvestments`	$-324.88M	USD	1 Quarter
(Increase) decrease in provision for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	$169.00K	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`	$169.00K	USD	1 Quarter
Equity in earnings (losses) of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Equity in earnings (losses) of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	$2.00K	USD	2 Qtrs
Equity in earnings (losses) of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	$-281.00K	USD	2 Qtrs
Equity in earnings (losses) of unconsolidated ventures	`IncomeLossFromEquityMethodInvestments`	$-352.00K	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$51.73M	USD	2 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$96.62M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$420.60M	USD	2 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$181.74M	USD	1 Quarter
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	$27.00K	USD	1 Quarter
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	$-11.00K	USD	1 Quarter
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	$44.00K	USD	2 Qtrs
Other investment income (loss), net	`OtherInvestmentIncomeLossNet`	$-66.00K	USD	2 Qtrs
Total other income (loss)	`OtherIncomeLoss`	$-143.50M	USD	1 Quarter
Total other income (loss)	`OtherIncomeLoss`	$-3.20M	USD	1 Quarter
Total other income (loss)	`OtherIncomeLoss`	$-408.90M	USD	2 Qtrs
Total other income (loss)	`OtherIncomeLoss`	$3.77M	USD	2 Qtrs
Management fee related party	`ManagementFeeExpense`	$6.15M	USD	2 Qtrs
Management fee related party	`ManagementFeeExpense`	$9.89M	USD	2 Qtrs
Management fee related party	`ManagementFeeExpense`	$3.17M	USD	1 Quarter
Management fee related party	`ManagementFeeExpense`	$4.62M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.96M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.05M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.52M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.54M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$7.14M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$5.13M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$10.20M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$14.44M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-337.96M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-228.42M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$21.46M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.08M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-109.53M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$25.54M	USD	2 Qtrs
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$11.70M	USD	2 Qtrs
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$8.10M	USD	1 Quarter
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$16.49M	USD	2 Qtrs
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$5.84M	USD	1 Quarter
Gain on repurchase and retirement of preferred stock	`PreferredStockRedemptionDiscount`	$364.00K	USD	2 Qtrs
Gain on repurchase and retirement of preferred stock	`PreferredStockRedemptionDiscount`	$364.00K	USD	1 Quarter
Gain on repurchase and retirement of preferred stock	`PreferredStockRedemptionDiscount`	$1.49M	USD	1 Quarter
Gain on repurchase and retirement of preferred stock	`PreferredStockRedemptionDiscount`	$1.49M	USD	2 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.40M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-352.96M	USD	2 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-116.14M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$14.20M	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$-10.70	USD	2 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$-3.52	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.35	USD	2 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-3.52	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-10.70	USD	2 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.35	USD	2 Qtrs

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$25.54M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-337.96M	USD	2 Qtrs
Amortization of mortgage-backed and other securities premiums and (discounts), net	`AmortizationOfMortgageBackedAndCreditRiskTransferSecuritiesPremiumsDiscountsNet`	$-2.75M	USD	2 Qtrs
Amortization of mortgage-backed and other securities premiums and (discounts), net	`AmortizationOfMortgageBackedAndCreditRiskTransferSecuritiesPremiumsDiscountsNet`	$-2.33M	USD	2 Qtrs
Realized and unrealized (gain) loss on derivative instruments, net	`RealizedAndUnrealizedGainLossOnDerivativeInstrumentsNet`	$-66.17M	USD	2 Qtrs
Realized and unrealized (gain) loss on derivative instruments, net	`RealizedAndUnrealizedGainLossOnDerivativeInstrumentsNet`	$405.75M	USD	2 Qtrs
(Gain) loss on investments, net	`GainLossOnInvestments`	$-47.72M	USD	2 Qtrs
(Gain) loss on investments, net	`GainLossOnInvestments`	$-99.68M	USD	1 Quarter
(Gain) loss on investments, net	`GainLossOnInvestments`	$-829.26M	USD	2 Qtrs
(Gain) loss on investments, net	`GainLossOnInvestments`	$-324.88M	USD	1 Quarter
(Increase) decrease in provision for credit losses	`DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded`	$169.00K	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`	$169.00K	USD	1 Quarter
(Gain) loss from investments in unconsolidated ventures in excess of distributions received	`GainLossFromInvestmentsInUnconsolidatedVenturesInExcessOfDistributionsReceived`	$-37.00K	USD	2 Qtrs
(Gain) loss from investments in unconsolidated ventures in excess of distributions received	`GainLossFromInvestmentsInUnconsolidatedVenturesInExcessOfDistributionsReceived`	$2.00K	USD	2 Qtrs
Other amortization	`OtherAmortization`	$7.39M	USD	2 Qtrs
Other amortization	`OtherAmortization`	$9.70M	USD	2 Qtrs
Loss on foreign currency translation	`ForeignCurrencyTransactionLossBeforeTax`	-	USD	2 Qtrs
Loss on foreign currency translation	`ForeignCurrencyTransactionLossBeforeTax`	$123.00K	USD	2 Qtrs
(Increase) decrease in operating assets	`IncreaseDecreaseInOperatingAssets`	$421.00K	USD	2 Qtrs
(Increase) decrease in operating assets	`IncreaseDecreaseInOperatingAssets`	$-2.18M	USD	2 Qtrs
Increase (decrease) in operating liabilities	`IncreaseDecreaseInOperatingLiabilities`	$19.08M	USD	2 Qtrs
Increase (decrease) in operating liabilities	`IncreaseDecreaseInOperatingLiabilities`	$374.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$153.74M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$80.78M	USD	2 Qtrs
Purchase of mortgage-backed securities	`PaymentsToAcquireMarketableSecurities`	$14.44B	USD	2 Qtrs
Purchase of mortgage-backed securities	`PaymentsToAcquireMarketableSecurities`	$2.39B	USD	2 Qtrs
Purchase of U.S. Treasury securities	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	$502.29M	USD	2 Qtrs
Purchase of U.S. Treasury securities	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	-	USD	2 Qtrs
Distributions from investments in unconsolidated ventures, net	`ContributionsDistributionsInEquityMethodInvestee`	$-8.52M	USD	2 Qtrs
Distributions from investments in unconsolidated ventures, net	`ContributionsDistributionsInEquityMethodInvestee`	$-40.00K	USD	2 Qtrs
Principal payments from mortgage-backed securities	`ProceedsfromMaturitiesPrepaymentsandCallsofMarketableSecurities`	$144.51M	USD	2 Qtrs
Principal payments from mortgage-backed securities	`ProceedsfromMaturitiesPrepaymentsandCallsofMarketableSecurities`	$264.79M	USD	2 Qtrs
Proceeds from sale of mortgage-backed securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$17.26B	USD	2 Qtrs
Proceeds from sale of mortgage-backed securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$1.48B	USD	2 Qtrs
Proceeds from the sale of U.S. Treasury securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$468.05M	USD	2 Qtrs
Proceeds from the sale of U.S. Treasury securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Settlement (termination) of forwards, swaps, and TBAs, net	`ProceedsFromPaymentsForSettlementOrTerminationOfForwardsSwapsFuturesAndTBAsNet`	$-64.95M	USD	2 Qtrs
Settlement (termination) of forwards, swaps, and TBAs, net	`ProceedsFromPaymentsForSettlementOrTerminationOfForwardsSwapsFuturesAndTBAsNet`	$424.66M	USD	2 Qtrs
Net change in due from counterparties and collateral held payable on derivative instruments	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableInvestingActivities`	$1.58M	USD	2 Qtrs
Net change in due from counterparties and collateral held payable on derivative instruments	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableInvestingActivities`	$-3.90M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-829.98M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.48B	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$66.76M	USD	2 Qtrs
Repurchase of preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$1.58M	USD	2 Qtrs
Repurchase of preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$14.56M	USD	2 Qtrs
Cash paid in lieu of fractional shares in connection with one-for-ten reverse stock split	`PaymentMadeInConnectionOfReverseStockSplit`	-	USD	2 Qtrs
Cash paid in lieu of fractional shares in connection with one-for-ten reverse stock split	`PaymentMadeInConnectionOfReverseStockSplit`	$1.00K	USD	2 Qtrs
Proceeds from repurchase agreements	`ProceedsFromOtherShortTermDebt`	$35.95B	USD	2 Qtrs
Proceeds from repurchase agreements	`ProceedsFromOtherShortTermDebt`	$17.16B	USD	2 Qtrs
Principal repayments of repurchase agreements	`RepaymentsOfOtherShortTermDebt`	$16.43B	USD	2 Qtrs
Principal repayments of repurchase agreements	`RepaymentsOfOtherShortTermDebt`	$39.67B	USD	2 Qtrs
Net change in due from counterparties and collateral held payable on repurchase agreements	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableOnRepurchaseAgreementsFinancingActivities`	$-7.10M	USD	2 Qtrs
Net change in due from counterparties and collateral held payable on repurchase agreements	`NetChangeInDueFromCounterpartiesAndCollateralHeldPayableOnRepurchaseAgreementsFinancingActivities`	$4.89M	USD	2 Qtrs
Payments of deferred costs	`PaymentsOfFinancingCosts`	$184.00K	USD	2 Qtrs
Payments of deferred costs	`PaymentsOfFinancingCosts`	$169.00K	USD	2 Qtrs
Payments of dividends	`PaymentsOfOrdinaryDividends`	$75.88M	USD	2 Qtrs
Payments of dividends	`PaymentsOfOrdinaryDividends`	$53.52M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$731.16M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.81B	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-246.27M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$54.92M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$330.79M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$278.78M	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, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$333.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$330.79M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$278.78M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$577.05M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$333.70M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$96.83M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$10.71M	USD	2 Qtrs
Net change in unrealized gain (loss) on mortgage-backed securities classified as available-for-sale	`NetChangeInUnrealizedGainLossOnMortgageBackedAndCreditriskTransferSecurities`	$-4.25M	USD	2 Qtrs
Net change in unrealized gain (loss) on mortgage-backed securities classified as available-for-sale	`NetChangeInUnrealizedGainLossOnMortgageBackedAndCreditriskTransferSecurities`	$438.00K	USD	2 Qtrs
Dividends declared not paid	`DividendsPayableCurrentAndNoncurrent`	$25.16M	USD	Point-in-time
Dividends declared not paid	`DividendsPayableCurrentAndNoncurrent`	$29.72M	USD	Point-in-time
Dividends declared not paid	`DividendsPayableCurrentAndNoncurrent`	$17.83M	USD	Point-in-time
Net change in investment related receivable (payable)	`NetChangeInInvestmentRelatedReceivablePayableExcludingAgencyCMBSPurchaseCommitments`	$-791.00K	USD	2 Qtrs
Net change in investment related receivable (payable)	`NetChangeInInvestmentRelatedReceivablePayableExcludingAgencyCMBSPurchaseCommitments`	-	USD	2 Qtrs
Net change in foreign currency translation adjustment recorded in accumulated other comprehensive income	`ChangeInForeignCurrentlyTranslationAdjustmentOnOtherInvestments`	$-113.00K	USD	2 Qtrs
Net change in foreign currency translation adjustment recorded in accumulated other comprehensive income	`ChangeInForeignCurrentlyTranslationAdjustmentOnOtherInvestments`	$293.00K	USD	2 Qtrs

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	38.71M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	44.58M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$804.08M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.40B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$840.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$834.12M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$959.46M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-337.96M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-228.42M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$21.46M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.08M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-109.53M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$25.54M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.86M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-14.54M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.72M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.16M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.02M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.82M	USD	1 Quarter
Proceeds from issuance of common stock, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$30.97M	USD	1 Quarter
Proceeds from issuance of common stock, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$35.79M	USD	1 Quarter
Stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$16.66M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$29.69M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	-	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$17.83M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStockCash`	$5.86M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStockCash`	$29.72M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStockCash`	$5.84M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStockCash`	$8.39M	USD	1 Quarter
Amortization of equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$141.00K	USD	1 Quarter
Amortization of equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$162.00K	USD	1 Quarter
Amortization of equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$138.00K	USD	1 Quarter
Amortization of equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$158.00K	USD	1 Quarter
Repurchase and retirement of preferred stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.58M	USD	1 Quarter
Repurchase and retirement of preferred stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$14.56M	USD	1 Quarter
Payments in lieu of fractional shares in connection with one-for-ten reverse stock split	`AdjustmentsToAdditionalPaidInCapitalStockSplit`	$1.00K	USD	1 Quarter
Redemption of preferred stock	`StockRepurchasedDuringPeriodValue`	$8.10M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	38.71M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	44.58M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$804.08M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.40B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$840.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$834.12M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$959.46M	USD	Point-in-time

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-337.96M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-228.42M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$21.46M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$4.08M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-109.53M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$25.54M	USD	2 Qtrs
Unrealized gain (loss) on mortgage-backed securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-607.00K	USD	2 Qtrs
Unrealized gain (loss) on mortgage-backed securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.82M	USD	1 Quarter
Unrealized gain (loss) on mortgage-backed securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.25M	USD	2 Qtrs
Unrealized gain (loss) on mortgage-backed securities, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-131.00K	USD	1 Quarter
Reclassification of unrealized loss on available-for-sale securities to (increase) decrease in provision for credit losses	`OtherComprehensiveIncomeLossReclassificationOfUnrealizedLossOnAvailableForSaleSecuritiesToIncreaseDecreaseInProvisionForCreditLossesNetOfTax`	$-169.00K	USD	1 Quarter
Reclassification of unrealized loss on available-for-sale securities to (increase) decrease in provision for credit losses	`OtherComprehensiveIncomeLossReclassificationOfUnrealizedLossOnAvailableForSaleSecuritiesToIncreaseDecreaseInProvisionForCreditLossesNetOfTax`	-	USD	1 Quarter
Reclassification of unrealized loss on available-for-sale securities to (increase) decrease in provision for credit losses	`OtherComprehensiveIncomeLossReclassificationOfUnrealizedLossOnAvailableForSaleSecuritiesToIncreaseDecreaseInProvisionForCreditLossesNetOfTax`	$-169.00K	USD	2 Qtrs
Reclassification of unrealized loss on available-for-sale securities to (increase) decrease in provision for credit losses	`OtherComprehensiveIncomeLossReclassificationOfUnrealizedLossOnAvailableForSaleSecuritiesToIncreaseDecreaseInProvisionForCreditLossesNetOfTax`	-	USD	2 Qtrs
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax`	$-7.70M	USD	2 Qtrs
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax`	$-10.00M	USD	2 Qtrs
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax`	$-4.80M	USD	1 Quarter
Reclassification of amortization of net deferred (gain) loss on de-designated interest rate swaps to repurchase agreements interest expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax`	$-3.20M	USD	1 Quarter
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.00K	USD	2 Qtrs
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-93.00K	USD	1 Quarter
Currency translation adjustments on investment in unconsolidated venture	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-293.00K	USD	2 Qtrs
Reclassification of currency translation loss on investment in unconsolidated venture to other investment income (loss), net	`OtherComprehensiveIncomeLossReclassificationCurrencyTranslationGainLossFromAOCIOnDeferredSwapGainLossFromUnconsolidatedVentureOtherInvestmentIncomeLossNetOfTax`	-	USD	2 Qtrs
Reclassification of currency translation loss on investment in unconsolidated venture to other investment income (loss), net	`OtherComprehensiveIncomeLossReclassificationCurrencyTranslationGainLossFromAOCIOnDeferredSwapGainLossFromUnconsolidatedVentureOtherInvestmentIncomeLossNetOfTax`	$123.00K	USD	2 Qtrs
Reclassification of currency translation loss on investment in unconsolidated venture to other investment income (loss), net	`OtherComprehensiveIncomeLossReclassificationCurrencyTranslationGainLossFromAOCIOnDeferredSwapGainLossFromUnconsolidatedVentureOtherInvestmentIncomeLossNetOfTax`	-	USD	1 Quarter
Reclassification of currency translation loss on investment in unconsolidated venture to other investment income (loss), net	`OtherComprehensiveIncomeLossReclassificationCurrencyTranslationGainLossFromAOCIOnDeferredSwapGainLossFromUnconsolidatedVentureOtherInvestmentIncomeLossNetOfTax`	-	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.86M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-14.54M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.72M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.16M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.02M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.82M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-116.25M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-352.49M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$17.52M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$915.00K	USD	1 Quarter
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$11.70M	USD	2 Qtrs
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$8.10M	USD	1 Quarter
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$16.49M	USD	2 Qtrs
Dividends to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$5.84M	USD	1 Quarter
Gain on repurchase and retirement of preferred stock	`PreferredStockRedemptionDiscount`	$364.00K	USD	2 Qtrs
Gain on repurchase and retirement of preferred stock	`PreferredStockRedemptionDiscount`	$364.00K	USD	1 Quarter
Gain on repurchase and retirement of preferred stock	`PreferredStockRedemptionDiscount`	$1.49M	USD	1 Quarter
Gain on repurchase and retirement of preferred stock	`PreferredStockRedemptionDiscount`	$1.49M	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$-367.50M	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$-122.86M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$6.18M	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders`	$-4.56M	USD	1 Quarter

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