2024 Q3 Form 10-Q Financial Statement
#000142820524000182 Filed on July 24, 2024
Income Statement
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| Revenue | $201.5M | $85.89M |
| YoY Change | -1215.74% | -53.14% |
| Cost Of Revenue | $133.5M | $131.1M |
| YoY Change | -15.57% | 2.89% |
| Gross Profit | $68.06M | -$45.23M |
| YoY Change | -138.63% | -180.94% |
| Gross Profit Margin | 33.77% | -52.66% |
| Selling, General & Admin | $1.137M | $1.135M |
| YoY Change | -9.9% | -89.35% |
| % of Gross Profit | 1.67% | |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $12.10M | $12.93M |
| YoY Change | -4.85% | 0.14% |
| Operating Profit | $55.96M | -$58.16M |
| YoY Change | -129.63% | -235.37% |
| Interest Expense | ||
| YoY Change | ||
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $65.88M | -$48.35M |
| YoY Change | -136.77% | -212.54% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | $65.88M | -$48.35M |
| YoY Change | -136.77% | -220.98% |
| Net Earnings / Revenue | 32.69% | -56.3% |
| Basic Earnings Per Share | $1.22 | -$1.05 |
| Diluted Earnings Per Share | $1.21 | -$1.05 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 48.77M shares | 48.75M shares |
| Diluted Shares Outstanding | 51.83M shares | 48.77M shares |
Balance Sheet
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $63.86M | $126.6M |
| YoY Change | -52.15% | -22.71% |
| Cash & Equivalents | $63.86M | $126.6M |
| Short-Term Investments | ||
| Other Short-Term Assets | $2.848M | $3.372M |
| YoY Change | 189.73% | -27.14% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $49.00M | $37.02M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $115.7M | $167.0M |
| YoY Change | -59.45% | -45.96% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $12.42B | $8.858B |
| YoY Change | 0.31% | -20.75% |
| Other Assets | $134.2M | $62.34M |
| YoY Change | 884.57% | 18.8% |
| Total Long-Term Assets | $13.29B | $9.885B |
| YoY Change | -2.5% | -19.17% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $115.7M | $167.0M |
| Total Long-Term Assets | $13.29B | $9.885B |
| Total Assets | $13.40B | $10.05B |
| YoY Change | -3.66% | -19.83% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $531.1M | $511.8M |
| YoY Change | 5285.08% | 1.22% |
| Accrued Expenses | $32.15M | $36.34M |
| YoY Change | 4.51% | -3.01% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $10.19B | $7.072B |
| YoY Change | -11.45% | -22.47% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $11.44B | $8.540B |
| YoY Change | -9.75% | -19.65% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $645.2M | $351.0M |
| YoY Change | -44.11% | |
| Total Long-Term Liabilities | $645.2M | $351.0M |
| YoY Change | -44.11% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $11.44B | $8.540B |
| Total Long-Term Liabilities | $645.2M | $351.0M |
| Total Liabilities | $12.09B | $8.891B |
| YoY Change | -4.66% | -21.01% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$794.4M | -$860.3M |
| YoY Change | -14.22% | 15.18% |
| Common Stock | $55.00K | $49.00K |
| YoY Change | 12.24% | -76.33% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $1.317B | $1.161B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $13.40B | $10.05B |
| YoY Change | -3.66% | -19.83% |
Cashflow Statement
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $65.88M | -$48.35M |
| YoY Change | -136.77% | -220.98% |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | $47.12M | $27.08M |
| YoY Change | 73.41% | -403.58% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$3.264B | $2.137B |
| YoY Change | 55.27% | 55.9% |
| Cash From Investing Activities | -$3.264B | $2.137B |
| YoY Change | 55.27% | 55.9% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | $40.47M | $38.26M |
| YoY Change | -32.36% | -25.46% |
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 3.226B | -2.234B |
| YoY Change | 60.84% | 59.06% |
| NET CHANGE | ||
| Cash From Operating Activities | 47.12M | 27.08M |
| Cash From Investing Activities | -3.264B | 2.137B |
| Cash From Financing Activities | 3.226B | -2.234B |
| Net Change In Cash | 9.196M | -70.61M |
| YoY Change | -113.3% | 63.82% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $47.12M | $27.08M |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
5991000 | usd | |
| CY2023Q3 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
0.2 | |
| CY2024Q2 | arr |
Related Party Transaction Management Agreement Monthly Percentageof Effective Management Fee Percentage
RelatedPartyTransactionManagementAgreementMonthlyPercentageofEffectiveManagementFeePercentage
|
0.0833 | |
| CY2023Q3 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
0.2 | |
| CY2023Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
2072000 | usd |
| CY2023Q2 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
2996000 | usd |
| CY2023Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
48337000 | usd |
| CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1282989000 | usd |
| CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1247113000 | usd |
| CY2024Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-48350000 | usd |
| us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
6377000 | usd | |
| us-gaap |
Dividends Common Stock
DividendsCommonStock
|
100341000 | usd | |
| CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1282989000 | usd |
| CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1271184000 | usd |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-33834000 | usd | |
| us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="margin-bottom:10pt;text-align:justify"><span style="color:#1c4787;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Note 1 - Organization and Nature of Business Operations</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">References to "we," "us," "our," or the "Company" are to ARMOUR Residential REIT, Inc. ("ARMOUR") and its subsidiaries. References to "ACM" are to ARMOUR Capital Management LP, a Delaware limited partnership. ARMOUR owns a 10.8% equity interest in BUCKLER Securities LLC ("BUCKLER"). BUCKLER is a Delaware limited liability company and a FINRA-regulated broker-dealer, controlled by ACM. Refer to the Glossary of Terms for definitions of capitalized terms and abbreviations used in this report. U.S. dollar amounts are presented in thousands, except per share amounts or as otherwise noted. </span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">ARMOUR is an externally managed Maryland corporation incorporated in 2008. The Company is managed by ACM, an investment advisor registered with the Securities and Exchange Commission (the "SEC"), (see Note 8 - Commitments and Contingencies and Note 14 - Related Party Transactions). We have elected to be taxed as a real estate investment trust ("REIT") under the Internal Revenue Code of 1986, as amended (the "Code"). Our qualification as a REIT depends on our ability to meet, on a continuing basis, various complex requirements under the Code relating to, among other things, the sources of our gross income, the composition and values of our assets, our distribution levels and the concentration of ownership of our capital stock. We believe that we are organized in conformity with the requirements for qualification as a REIT under the Code and our manner of operations enables us to meet the requirements for taxation as a REIT for federal income tax purposes. As a REIT, we will generally not be subject to federal income tax on the REIT taxable income that we currently distribute to our stockholders. If we fail to qualify as a REIT in any taxable year and do not qualify for certain statutory relief provisions, we will be subject to federal income tax at regular corporate rates. Even if we qualify as a REIT for U.S. federal income tax purposes, we may still be subject to some federal, state and local taxes on our income.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At June 30, 2024 and December 31, 2023, we invested in mortgage backed securities ("MBS"), issued or guaranteed by a United States ("U.S.") Government-sponsored entity ("GSE"), such as the Federal National Mortgage Association ("Fannie Mae"), the Federal Home Loan Mortgage Corporation ("Freddie Mac"), or a government agency such as Government National Mortgage Administration ("Ginnie Mae") (collectively, "Agency Securities"). Our Agency Securities consist primarily of fixed rate loans. The remaining are either backed by hybrid adjustable rate or adjustable rate loans. From time to time we have also invested in U.S. Treasury Securities and money market instruments.</span></div> | ||
| us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div style="margin-bottom:10pt;text-align:justify"><span style="color:#1c4787;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Note 2 - Basis of Presentation and Consolidation</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States ("GAAP") for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X promulgated by the SEC. Accordingly, the condensed financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three and six months ended June 30, 2024 are not necessarily indicative of the results that may be expected for the calendar year ending December 31, 2024. These unaudited consolidated financial statements should be read in conjunction with the audited financial statements and notes thereto included in our annual report on Form 10-K for the year ended December 31, 2023.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The unaudited consolidated financial statements include the accounts of ARMOUR Residential REIT, Inc. and its subsidiaries. All intercompany accounts and transactions have been eliminated. The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates affecting the accompanying consolidated financial statements include the valuation of MBS and derivative instruments. Certain prior year amounts have been reclassified to conform to the current year's presentation. </span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">All per share amounts, common shares outstanding and stock-based compensation amounts for all periods presented reflect our one-for-five reverse stock split (the “Reverse Stock Split”), which was effective September 29, 2023. No other reclassifications have been made to previously reported amounts.</span></div> | ||
| us-gaap |
Use Of Estimates
UseOfEstimates
|
The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates affecting the accompanying consolidated financial statements include the valuation of MBS and derivative instruments. Certain prior year amounts have been reclassified to conform to the current year's presentation. <div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">All per share amounts, common shares outstanding and stock-based compensation amounts for all periods presented reflect our one-for-five reverse stock split (the “Reverse Stock Split”), which was effective September 29, 2023. No other reclassifications have been made to previously reported amounts.</span></div> | ||
| CY2023Q1 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
-7471000 | usd |
| CY2024Q2 | us-gaap |
Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
|
500965000 | usd |
| CY2023Q4 | us-gaap |
Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
|
350273000 | usd |
| us-gaap |
Revenue Recognition Interest
RevenueRecognitionInterest
|
<div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#1c4787;font-family:'Calibri',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration:underline">Revenue Recognition</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest income is earned and recognized on Agency Securities based on their unpaid principal amounts and their contractual terms. We record interest payable for interest received on securities sold during the period between the trade date and settlement date and interest receivable for purchases during the period between the trade date and settlement date. Premiums and discounts associated with the purchase of Multi-Family MBS, which are generally not subject to prepayment, are amortized or accreted into interest income over the contractual lives of the securities using a level yield method. Premiums and discounts associated with the purchase of other Agency Securities are amortized or accreted into interest income over the actual lives of the securities, reflecting actual prepayments as they occur. Purchase and sale transactions (including TBA Agency Securities) are recorded on the trade date to the extent it is probable that we will take or make timely physical delivery of the related securities. Gains or losses realized from sales of available for sale securities are reclassified into income from Comprehensive Income (Loss) and are determined using the specific identification method.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest income on U.S. Treasury Securities is recognized based on their unpaid principal amounts and their contractual terms. Recognition of interest income commences on the settlement date of the purchase transaction and continues through the settlement date of the sale transaction.</span></div> | ||
| arr |
Trading Securities Quotes Received Number Of Dealers
TradingSecuritiesQuotesReceivedNumberOfDealers
|
3 | dealer | |
| CY2024Q2 | us-gaap |
Debt Securities
DebtSecurities
|
8857881000 | usd |
| CY2023Q4 | us-gaap |
Debt Securities
DebtSecurities
|
11159754000 | usd |
| CY2023Q1 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
-7471000 | usd |
| CY2024Q2 | arr |
Trading Securities Debt Maturities Rolling Year One And Three Fair Value
TradingSecuritiesDebtMaturitiesRollingYearOneAndThreeFairValue
|
0 | usd |
| CY2024Q2 | arr |
Trading Securities Debt Maturities Rolling Year One And Three Amortized Cost Basis
TradingSecuritiesDebtMaturitiesRollingYearOneAndThreeAmortizedCostBasis
|
0 | usd |
| CY2023Q4 | arr |
Trading Securities Debt Maturities Rolling Year One And Three Fair Value
TradingSecuritiesDebtMaturitiesRollingYearOneAndThreeFairValue
|
202508000 | usd |
| CY2023Q4 | arr |
Trading Securities Debt Maturities Rolling Year One And Three Amortized Cost Basis
TradingSecuritiesDebtMaturitiesRollingYearOneAndThreeAmortizedCostBasis
|
195904000 | usd |
| CY2024Q2 | arr |
Trading Securities Debt Maturities Rolling Year Three And Five Fair Value
TradingSecuritiesDebtMaturitiesRollingYearThreeAndFiveFairValue
|
510541000 | usd |
| CY2024Q2 | arr |
Trading Securities Debt Maturities Rolling Year Three And Five Amortized Cost Basis
TradingSecuritiesDebtMaturitiesRollingYearThreeAndFiveAmortizedCostBasis
|
511743000 | usd |
| CY2023Q4 | arr |
Trading Securities Debt Maturities Rolling Year Three And Five Fair Value
TradingSecuritiesDebtMaturitiesRollingYearThreeAndFiveFairValue
|
2757464000 | usd |
| CY2023Q4 | arr |
Trading Securities Debt Maturities Rolling Year Three And Five Amortized Cost Basis
TradingSecuritiesDebtMaturitiesRollingYearThreeAndFiveAmortizedCostBasis
|
2747842000 | usd |
| CY2024Q2 | arr |
Trading Securities Debt Maturities Rolling After Year Five Fair Value
TradingSecuritiesDebtMaturitiesRollingAfterYearFiveFairValue
|
8347340000 | usd |
| CY2024Q2 | arr |
Trading Securities Debt Maturities Rolling After Year Five Amortized Cost Basis
TradingSecuritiesDebtMaturitiesRollingAfterYearFiveAmortizedCostBasis
|
8619876000 | usd |
| CY2023Q4 | arr |
Trading Securities Debt Maturities Rolling After Year Five Fair Value
TradingSecuritiesDebtMaturitiesRollingAfterYearFiveFairValue
|
8199782000 | usd |
| CY2023Q4 | arr |
Trading Securities Debt Maturities Rolling After Year Five Amortized Cost Basis
TradingSecuritiesDebtMaturitiesRollingAfterYearFiveAmortizedCostBasis
|
8339634000 | usd |
| CY2024Q2 | arr |
Trading Securities Debt Maturities Fair Value
TradingSecuritiesDebtMaturitiesFairValue
|
8857881000 | usd |
| CY2024Q2 | arr |
Trading Securities Debt Maturities Amortized Cost Basis
TradingSecuritiesDebtMaturitiesAmortizedCostBasis
|
9131619000 | usd |
| CY2023Q4 | arr |
Trading Securities Debt Maturities Fair Value
TradingSecuritiesDebtMaturitiesFairValue
|
11159754000 | usd |
| CY2023Q4 | arr |
Trading Securities Debt Maturities Amortized Cost Basis
TradingSecuritiesDebtMaturitiesAmortizedCostBasis
|
11283380000 | usd |
| CY2024Q2 | arr |
Repurchase Agreements Number Of Counterparties With Master Repurchase Agreements
RepurchaseAgreementsNumberOfCounterpartiesWithMasterRepurchaseAgreements
|
32 | counterparty |
| CY2024Q2 | us-gaap |
Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
|
7071767000 | usd |
| CY2024Q2 | arr |
Repurchase Agreements Number Of Counterparties With Outstanding Borrowings
RepurchaseAgreementsNumberOfCounterpartiesWithOutstandingBorrowings
|
14 | counterparty |
| CY2023Q4 | arr |
Repurchase Agreements Number Of Counterparties With Master Repurchase Agreements
RepurchaseAgreementsNumberOfCounterpartiesWithMasterRepurchaseAgreements
|
39 | counterparty |
| CY2023Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
|
9647982000 | usd |
| CY2023Q4 | arr |
Repurchase Agreements Number Of Counterparties With Outstanding Borrowings
RepurchaseAgreementsNumberOfCounterpartiesWithOutstandingBorrowings
|
14 | counterparty |
| us-gaap |
Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
|
<div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following tables represent the contractual repricing regarding our repurchase agreements to finance MBS purchases at June 30, 2024 and December 31, 2023. Our repurchase agreements require excess collateral, known as a </span></div><div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">“haircut.” At June 30, 2024, the average haircut percentage was 2.73% compared to 2.74% at December 31, 2023. The haircut for our repurchase agreements vary by counterparty and therefore, the changes in the average haircut percentage will vary with the changes in our counterparty repurchase agreement balances. </span></div><div style="margin-bottom:3pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:49.197%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.544%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.144%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.544%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.715%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.544%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.312%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#e6eeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#1c4787;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:100%">June 30, 2024</span></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#1c4787;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Balance</span></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#1c4787;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Weighted Average Contractual Rate</span></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#1c4787;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Weighted Average Maturity in days</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:11.25pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">≤ 30 days </span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,012,721 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.50 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11</span></td></tr><tr><td colspan="3" style="background-color:#e6eeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">> 30 days to ≤ 60 days</span></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,952,414 </span></td><td style="background-color:#e6eeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.46 </span></td><td style="background-color:#e6eeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">> 60 days to ≤ 90 days</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">106,632 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.45 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">79</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6eeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#1c4787;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total or Weighted Average</span></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td style="background-color:#e6eeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e6eeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,071,767 </span></td><td style="background-color:#e6eeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.49 </span></td><td style="background-color:#e6eeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.88pt">Net of reverse repurchase agreements of $498,813 ($448,313 of which were with BUCKLER). Obligations to return securities received as collateral of $500,965 associated with the reverse repurchase agreements are all due within 30 days.</span></div><div style="text-align:justify"><span><br/></span></div><div style="margin-bottom:3pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:49.197%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.544%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.144%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.544%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.715%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.544%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.312%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#e6eeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#1c4787;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31, 2023</span></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#1c4787;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Balance</span></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#1c4787;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Weighted Average Contractual Rate</span></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#1c4787;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Weighted Average Maturity in days</span></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:11.25pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">≤ 30 days </span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,647,982 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.54 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12</span></td></tr><tr><td colspan="3" style="background-color:#e6eeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#1c4787;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total or Weighted Average</span></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td style="background-color:#e6eeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#e6eeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,647,982 </span></td><td style="background-color:#e6eeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td colspan="2" style="background-color:#e6eeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.54 </span></td><td style="background-color:#e6eeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#e6eeff;padding:0 1pt"></td><td colspan="3" style="background-color:#e6eeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12</span></td></tr></table></div><div style="margin-bottom:10pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.88pt">Net of reverse repurchase agreements of $353,937 (all of which were with BUCKLER). Obligations to return securities received as collateral of $350,273 associated with the reverse repurchase agreements all matured in January 2024.</span></div> | ||
| CY2024Q2 | arr |
Haircut On Repurchase Agreements
HaircutOnRepurchaseAgreements
|
0.0273 | |
| CY2023Q4 | arr |
Haircut On Repurchase Agreements
HaircutOnRepurchaseAgreements
|
0.0274 | |
| CY2024Q2 | us-gaap |
Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
|
500965000 | usd |
| CY2023Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
|
9647982000 | usd |
| CY2023Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Interest Rate
AssetsSoldUnderAgreementsToRepurchaseInterestRate
|
0.0554 | |
| us-gaap |
Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1
|
P12D | ||
| CY2023Q4 | us-gaap |
Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
|
350273000 | usd |
| CY2024Q2 | arr |
Debt Securities Available For Sale And Trading Repurchase Securities Gross
DebtSecuritiesAvailableForSaleAndTradingRepurchaseSecuritiesGross
|
498813000 | usd |
| CY2024Q2 | arr |
Debt Securities Available For Sale And Trading Repurchase Securities Gross Amounts Offset In The Consolidated Balance Sheet
DebtSecuritiesAvailableForSaleAndTradingRepurchaseSecuritiesGrossAmountsOffsetInTheConsolidatedBalanceSheet
|
-498813000 | usd |
| CY2024Q2 | arr |
Debt Securities Available For Sale And Trading Repurchase Securities Net Amounts Presented In The Consolidated Balance Sheet
DebtSecuritiesAvailableForSaleAndTradingRepurchaseSecuritiesNetAmountsPresentedInTheConsolidatedBalanceSheet
|
0 | usd |
| CY2024Q2 | arr |
Debt Securities Available For Sale And Trading Repurchase Securities Subject To Master Netting Arrangement Deduction Of Financial Instrument Not Offset
DebtSecuritiesAvailableForSaleAndTradingRepurchaseSecuritiesSubjectToMasterNettingArrangementDeductionOfFinancialInstrumentNotOffset
|
0 | usd |
| CY2024Q2 | arr |
Debt Securities Available For Sale And Trading Repurchase Securities Subject To Master Netting Arrangement Collateral Obligation To Return Cash Not Offset
DebtSecuritiesAvailableForSaleAndTradingRepurchaseSecuritiesSubjectToMasterNettingArrangementCollateralObligationToReturnCashNotOffset
|
0 | usd |
| CY2024Q2 | arr |
Debt Securities Available For Sale And Trading Repurchase Securities Net
DebtSecuritiesAvailableForSaleAndTradingRepurchaseSecuritiesNet
|
0 | usd |
| CY2024Q2 | arr |
Debt Securities Available For Purchase And Trading Repurchase Securities Gross
DebtSecuritiesAvailableForPurchaseAndTradingRepurchaseSecuritiesGross
|
-7570580000 | usd |
| CY2024Q2 | arr |
Debt Securities Available For Purchase And Trading Repurchase Securities Gross Amounts Offset In The Consolidated Balance Sheet
DebtSecuritiesAvailableForPurchaseAndTradingRepurchaseSecuritiesGrossAmountsOffsetInTheConsolidatedBalanceSheet
|
498813000 | usd |
| CY2024Q2 | arr |
Debt Securities Available For Purchase And Trading Repurchase Securities Net Amounts Presented In The Consolidated Balance Sheet
DebtSecuritiesAvailableForPurchaseAndTradingRepurchaseSecuritiesNetAmountsPresentedInTheConsolidatedBalanceSheet
|
-7071767000 | usd |
| CY2024Q2 | arr |
Debt Securities Available For Purchase And Trading Repurchase Securities Subject To Master Netting Arrangement Deduction Of Financial Instrument Not Offset
DebtSecuritiesAvailableForPurchaseAndTradingRepurchaseSecuritiesSubjectToMasterNettingArrangementDeductionOfFinancialInstrumentNotOffset
|
7071767000 | usd |
| CY2024Q2 | arr |
Debt Securities Available For Purchase And Trading Repurchase Securities Subject To Master Netting Arrangement Collateral Obligation To Return Cash Not Offset
DebtSecuritiesAvailableForPurchaseAndTradingRepurchaseSecuritiesSubjectToMasterNettingArrangementCollateralObligationToReturnCashNotOffset
|
0 | usd |
| CY2024Q2 | arr |
Debt Securities Available For Purchase And Trading Repurchase Securities Net
DebtSecuritiesAvailableForPurchaseAndTradingRepurchaseSecuritiesNet
|
0 | usd |
| CY2023Q4 | arr |
Debt Securities Available For Sale And Trading Repurchase Securities Gross
DebtSecuritiesAvailableForSaleAndTradingRepurchaseSecuritiesGross
|
353937000 | usd |
| CY2023Q4 | arr |
Debt Securities Available For Sale And Trading Repurchase Securities Gross Amounts Offset In The Consolidated Balance Sheet
DebtSecuritiesAvailableForSaleAndTradingRepurchaseSecuritiesGrossAmountsOffsetInTheConsolidatedBalanceSheet
|
-353937000 | usd |
| CY2023Q4 | arr |
Debt Securities Available For Sale And Trading Repurchase Securities Net Amounts Presented In The Consolidated Balance Sheet
DebtSecuritiesAvailableForSaleAndTradingRepurchaseSecuritiesNetAmountsPresentedInTheConsolidatedBalanceSheet
|
0 | usd |
| CY2023Q4 | arr |
Debt Securities Available For Sale And Trading Repurchase Securities Subject To Master Netting Arrangement Deduction Of Financial Instrument Not Offset
DebtSecuritiesAvailableForSaleAndTradingRepurchaseSecuritiesSubjectToMasterNettingArrangementDeductionOfFinancialInstrumentNotOffset
|
0 | usd |
| CY2023Q4 | arr |
Debt Securities Available For Sale And Trading Repurchase Securities Subject To Master Netting Arrangement Collateral Obligation To Return Cash Not Offset
DebtSecuritiesAvailableForSaleAndTradingRepurchaseSecuritiesSubjectToMasterNettingArrangementCollateralObligationToReturnCashNotOffset
|
0 | usd |
| CY2023Q4 | arr |
Debt Securities Available For Sale And Trading Repurchase Securities Net
DebtSecuritiesAvailableForSaleAndTradingRepurchaseSecuritiesNet
|
0 | usd |
| CY2023Q4 | arr |
Debt Securities Available For Purchase And Trading Repurchase Securities Gross
DebtSecuritiesAvailableForPurchaseAndTradingRepurchaseSecuritiesGross
|
-10001919000 | usd |
| CY2023Q4 | arr |
Debt Securities Available For Purchase And Trading Repurchase Securities Gross Amounts Offset In The Consolidated Balance Sheet
DebtSecuritiesAvailableForPurchaseAndTradingRepurchaseSecuritiesGrossAmountsOffsetInTheConsolidatedBalanceSheet
|
353937000 | usd |
| CY2023Q4 | arr |
Debt Securities Available For Purchase And Trading Repurchase Securities Net Amounts Presented In The Consolidated Balance Sheet
DebtSecuritiesAvailableForPurchaseAndTradingRepurchaseSecuritiesNetAmountsPresentedInTheConsolidatedBalanceSheet
|
-9647982000 | usd |
| CY2023Q4 | arr |
Debt Securities Available For Purchase And Trading Repurchase Securities Subject To Master Netting Arrangement Deduction Of Financial Instrument Not Offset
DebtSecuritiesAvailableForPurchaseAndTradingRepurchaseSecuritiesSubjectToMasterNettingArrangementDeductionOfFinancialInstrumentNotOffset
|
9647982000 | usd |
| CY2023Q4 | arr |
Debt Securities Available For Purchase And Trading Repurchase Securities Subject To Master Netting Arrangement Collateral Obligation To Return Cash Not Offset
DebtSecuritiesAvailableForPurchaseAndTradingRepurchaseSecuritiesSubjectToMasterNettingArrangementCollateralObligationToReturnCashNotOffset
|
0 | usd |
| CY2023Q4 | arr |
Debt Securities Available For Purchase And Trading Repurchase Securities Net
DebtSecuritiesAvailableForPurchaseAndTradingRepurchaseSecuritiesNet
|
0 | usd |
| CY2024Q2 | arr |
Debt Securities Available For Sale And Trading Agency Securities Pledged Financial Instruments
DebtSecuritiesAvailableForSaleAndTradingAgencySecuritiesPledgedFinancialInstruments
|
8017714000 | usd |
| CY2024Q2 | us-gaap |
Ratio Of Indebtedness To Net Capital1
RatioOfIndebtednessToNetCapital1
|
12 | |
| CY2024Q2 | us-gaap |
Ratio Of Indebtedness To Net Capital1
RatioOfIndebtednessToNetCapital1
|
12 | |
| CY2024Q2 | us-gaap |
Derivative Assets
DerivativeAssets
|
965208000 | usd |
| CY2024Q2 | us-gaap |
Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
|
24320000 | usd |
| CY2024Q2 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
840669000 | usd |
| CY2024Q2 | us-gaap |
Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
|
100219000 | usd |
| CY2023Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
877412000 | usd |
| CY2023Q4 | us-gaap |
Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
|
6852000 | usd |
| CY2023Q4 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
821089000 | usd |
| CY2023Q4 | us-gaap |
Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
|
49471000 | usd |
| CY2024Q2 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
9676000 | usd |
| CY2024Q2 | us-gaap |
Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
|
24320000 | usd |
| CY2024Q2 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
-17183000 | usd |
| CY2024Q2 | us-gaap |
Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
|
2539000 | usd |
| CY2023Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
5036000 | usd |
| CY2023Q4 | us-gaap |
Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
|
6852000 | usd |
| CY2023Q4 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
-2070000 | usd |
| CY2023Q4 | us-gaap |
Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
|
254000 | usd |
| CY2023Q2 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
194190000 | usd |
| us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
206130000 | usd | |
| us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
59790000 | usd | |
| CY2024Q2 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
8286000000 | usd |
| us-gaap |
Derivative Average Remaining Maturity1
DerivativeAverageRemainingMaturity1
|
P63M | ||
| CY2024Q2 | arr |
Derivative Weighted Average Interest Rate
DerivativeWeightedAverageInterestRate
|
0.0193 | |
| CY2023Q4 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
6786000000 | usd |
| CY2023 | us-gaap |
Derivative Average Remaining Maturity1
DerivativeAverageRemainingMaturity1
|
P68M | |
| CY2023Q4 | arr |
Derivative Weighted Average Interest Rate
DerivativeWeightedAverageInterestRate
|
0.0137 | |
| CY2024Q2 | arr |
Related Party Transaction Management Agreement Gross Equity Raised
RelatedPartyTransactionManagementAgreementGrossEquityRaised
|
4230675000 | usd |
| CY2024Q2 | us-gaap |
Investment Company Contractual Fee Waived
InvestmentCompanyContractualFeeWaived
|
1650000 | usd |
| CY2023Q2 | us-gaap |
Investment Company Contractual Fee Waived
InvestmentCompanyContractualFeeWaived
|
1650000 | usd |
| us-gaap |
Investment Company Contractual Fee Waived
InvestmentCompanyContractualFeeWaived
|
3300000 | usd | |
| us-gaap |
Investment Company Contractual Fee Waived
InvestmentCompanyContractualFeeWaived
|
3300000 | usd | |
| CY2024Q2 | us-gaap |
Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
|
19615000 | usd |
| CY2024Q2 | us-gaap |
Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
|
39230000 | usd |
| CY2024Q2 | us-gaap |
Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
|
39230000 | usd |
| CY2024Q2 | us-gaap |
Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
|
39230000 | usd |
| CY2024Q2 | us-gaap |
Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
|
39230000 | usd |
| CY2024Q2 | us-gaap |
Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
|
39230000 | usd |
| CY2024Q2 | us-gaap |
Contractual Obligation
ContractualObligation
|
215765000 | usd |
| CY2024Q2 | arr |
Share Based Payment Arrangement Nonvested Award Cost Not Yet Recognized Amount Remainder Of Fiscal Year
ShareBasedPaymentArrangementNonvestedAwardCostNotYetRecognizedAmountRemainderOfFiscalYear
|
1667000 | usd |
| CY2024Q2 | arr |
Share Based Payment Arrangement Nonvested Award Cost Not Yet Recognized Amount Year One
ShareBasedPaymentArrangementNonvestedAwardCostNotYetRecognizedAmountYearOne
|
1986000 | usd |
| CY2024Q2 | arr |
Share Based Payment Arrangement Nonvested Award Cost Not Yet Recognized Amount Thereafter
ShareBasedPaymentArrangementNonvestedAwardCostNotYetRecognizedAmountThereafter
|
4170000 | usd |
| CY2024Q2 | us-gaap |
Cumulative Dividends
CumulativeDividends
|
2297136000 | usd |
| CY2023Q4 | us-gaap |
Cumulative Dividends
CumulativeDividends
|
2220567000 | usd |
| CY2024Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
| CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
| CY2024Q2 | arr |
Preferred Stock Undesignated Shares Authorized
PreferredStockUndesignatedSharesAuthorized
|
40000000 | shares |
| CY2022Q3 | srt |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
2000000 | shares |
| us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
0 | shares | |
| CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
90000000 | shares |
| CY2024Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
90000000 | shares |
| CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
48765000 | shares |
| CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
48765000 | shares |
| CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
48799000 | shares |
| CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
48799000 | shares |
| CY2024Q2 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
2217000 | shares |
| CY2023Q4 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
2287000 | shares |
| CY2023Q4 | arr |
Dividend Reinvestment Program Per Share Price
DividendReinvestmentProgramPerSharePrice
|
19.71 | |
| CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-48350000 | usd |
| CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
42962000 | usd |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-33834000 | usd | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
11603000 | usd | |
| CY2024Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2996000 | usd |
| CY2023Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2996000 | usd |
| us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
5991000 | usd | |
| us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
5991000 | usd | |
| CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-51346000 | usd |
| CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
39966000 | usd |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-39825000 | usd | |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
5612000 | usd | |
| CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48770000 | shares |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
39740000 | shares |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48770000 | shares | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
38336000 | shares | |
| CY2024Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
| CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
336000 | shares |
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
336000 | shares | |
| CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48770000 | shares |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
40076000 | shares |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48770000 | shares | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
38672000 | shares | |
| CY2024Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
202000 | shares |
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
202000 | shares | |
| CY2024Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-48350000 | usd |
| CY2023Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
42962000 | usd |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-33834000 | usd | |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
23130000 | usd | |
| CY2024Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2996000 | usd |
| CY2023Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2996000 | usd |
| us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
5991000 | usd | |
| CY2024Q2 | arr |
Comprehensive Income Loss Available To Common Stockholders
ComprehensiveIncomeLossAvailableToCommonStockholders
|
-51346000 | usd |
| CY2023Q2 | arr |
Comprehensive Income Loss Available To Common Stockholders
ComprehensiveIncomeLossAvailableToCommonStockholders
|
39966000 | usd |
| arr |
Comprehensive Income Loss Available To Common Stockholders
ComprehensiveIncomeLossAvailableToCommonStockholders
|
-39825000 | usd | |
| arr |
Comprehensive Income Loss Available To Common Stockholders
ComprehensiveIncomeLossAvailableToCommonStockholders
|
17139000 | usd | |
| CY2024Q2 | arr |
Comprehensive Income Loss Available To Common Stockholders Per Share Basic
ComprehensiveIncomeLossAvailableToCommonStockholdersPerShareBasic
|
-1.05 | |
| CY2023Q2 | arr |
Comprehensive Income Loss Available To Common Stockholders Per Share Basic
ComprehensiveIncomeLossAvailableToCommonStockholdersPerShareBasic
|
1.00 | |
| arr |
Comprehensive Income Loss Available To Common Stockholders Per Share Basic
ComprehensiveIncomeLossAvailableToCommonStockholdersPerShareBasic
|
-0.82 | ||
| arr |
Comprehensive Income Loss Available To Common Stockholders Per Share Basic
ComprehensiveIncomeLossAvailableToCommonStockholdersPerShareBasic
|
0.45 | ||
| CY2024Q2 | arr |
Comprehensive Income Loss Available To Common Stockholders Per Share Diluted
ComprehensiveIncomeLossAvailableToCommonStockholdersPerShareDiluted
|
-1.05 | |
| CY2023Q2 | arr |
Comprehensive Income Loss Available To Common Stockholders Per Share Diluted
ComprehensiveIncomeLossAvailableToCommonStockholdersPerShareDiluted
|
1.00 | |
| arr |
Comprehensive Income Loss Available To Common Stockholders Per Share Diluted
ComprehensiveIncomeLossAvailableToCommonStockholdersPerShareDiluted
|
-0.82 | ||
| arr |
Comprehensive Income Loss Available To Common Stockholders Per Share Diluted
ComprehensiveIncomeLossAvailableToCommonStockholdersPerShareDiluted
|
0.45 | ||
| CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48770000 | shares |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
39740000 | shares |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48770000 | shares | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
38336000 | shares | |
| CY2024Q2 | arr |
Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Comprehensive Income Loss
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsComprehensiveIncomeLoss
|
0 | shares |
| CY2023Q2 | arr |
Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Comprehensive Income Loss
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsComprehensiveIncomeLoss
|
336000 | shares |
| arr |
Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Comprehensive Income Loss
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsComprehensiveIncomeLoss
|
0 | shares | |
| arr |
Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Comprehensive Income Loss
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsComprehensiveIncomeLoss
|
336000 | shares | |
| CY2024Q2 | arr |
Weighted Average Number Of Shares Outstanding Diluted Comprehensive Income Loss
WeightedAverageNumberOfSharesOutstandingDilutedComprehensiveIncomeLoss
|
48770000 | shares |
| CY2023Q2 | arr |
Weighted Average Number Of Shares Outstanding Diluted Comprehensive Income Loss
WeightedAverageNumberOfSharesOutstandingDilutedComprehensiveIncomeLoss
|
40076000 | shares |
| arr |
Weighted Average Number Of Shares Outstanding Diluted Comprehensive Income Loss
WeightedAverageNumberOfSharesOutstandingDilutedComprehensiveIncomeLoss
|
48770000 | shares | |
| arr |
Weighted Average Number Of Shares Outstanding Diluted Comprehensive Income Loss
WeightedAverageNumberOfSharesOutstandingDilutedComprehensiveIncomeLoss
|
38672000 | shares | |
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
202000 | shares | |
| CY2024Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
202000 | shares |
| CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-48350000 | usd |
| CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
42962000 | usd |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-33834000 | usd | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
11603000 | usd | |
| CY2024Q2 | arr |
Effective Taxable Income Reconciliation Reversal Of Income
EffectiveTaxableIncomeReconciliationReversalOfIncome
|
-58000 | usd |
| CY2023Q2 | arr |
Effective Taxable Income Reconciliation Reversal Of Income
EffectiveTaxableIncomeReconciliationReversalOfIncome
|
-20000 | usd |
| arr |
Effective Taxable Income Reconciliation Reversal Of Income
EffectiveTaxableIncomeReconciliationReversalOfIncome
|
-99000 | usd | |
| arr |
Effective Taxable Income Reconciliation Reversal Of Income
EffectiveTaxableIncomeReconciliationReversalOfIncome
|
-3000 | usd | |
| CY2024Q2 | arr |
Effective Taxable Income Reconciliation Premium Amortization Expense
EffectiveTaxableIncomeReconciliationPremiumAmortizationExpense
|
0 | usd |
| CY2023Q2 | arr |
Effective Taxable Income Reconciliation Premium Amortization Expense
EffectiveTaxableIncomeReconciliationPremiumAmortizationExpense
|
0 | usd |
| arr |
Effective Taxable Income Reconciliation Premium Amortization Expense
EffectiveTaxableIncomeReconciliationPremiumAmortizationExpense
|
0 | usd | |
| arr |
Effective Taxable Income Reconciliation Premium Amortization Expense
EffectiveTaxableIncomeReconciliationPremiumAmortizationExpense
|
1000 | usd | |
| CY2024Q2 | arr |
Effective Taxable Income Reconciliation Trading Securities Agency Securities
EffectiveTaxableIncomeReconciliationTradingSecuritiesAgencySecurities
|
112870000 | usd |
| CY2023Q2 | arr |
Effective Taxable Income Reconciliation Trading Securities Agency Securities
EffectiveTaxableIncomeReconciliationTradingSecuritiesAgencySecurities
|
44403000 | usd |
| arr |
Effective Taxable Income Reconciliation Trading Securities Agency Securities
EffectiveTaxableIncomeReconciliationTradingSecuritiesAgencySecurities
|
250619000 | usd | |
| arr |
Effective Taxable Income Reconciliation Trading Securities Agency Securities
EffectiveTaxableIncomeReconciliationTradingSecuritiesAgencySecurities
|
-238647000 | usd | |
| CY2024Q2 | arr |
Effective Taxable Income Reconciliation Trading Securities Us Treasury Securities
EffectiveTaxableIncomeReconciliationTradingSecuritiesUSTreasurySecurities
|
-19149000 | usd |
| CY2023Q2 | arr |
Effective Taxable Income Reconciliation Trading Securities Us Treasury Securities
EffectiveTaxableIncomeReconciliationTradingSecuritiesUSTreasurySecurities
|
-11934000 | usd |
| arr |
Effective Taxable Income Reconciliation Trading Securities Us Treasury Securities
EffectiveTaxableIncomeReconciliationTradingSecuritiesUSTreasurySecurities
|
-30071000 | usd | |
| arr |
Effective Taxable Income Reconciliation Trading Securities Us Treasury Securities
EffectiveTaxableIncomeReconciliationTradingSecuritiesUSTreasurySecurities
|
-79000 | usd | |
| CY2024Q2 | arr |
Effective Taxable Income Reconciliation Changes In Derivatives
EffectiveTaxableIncomeReconciliationChangesInDerivatives
|
9444000 | usd |
| CY2023Q2 | arr |
Effective Taxable Income Reconciliation Changes In Derivatives
EffectiveTaxableIncomeReconciliationChangesInDerivatives
|
-141321000 | usd |
| arr |
Effective Taxable Income Reconciliation Changes In Derivatives
EffectiveTaxableIncomeReconciliationChangesInDerivatives
|
-88293000 | usd | |
| arr |
Effective Taxable Income Reconciliation Changes In Derivatives
EffectiveTaxableIncomeReconciliationChangesInDerivatives
|
40819000 | usd | |
| CY2024Q2 | arr |
Effective Taxable Income Reconciliation Loss On Available For Sale Securities
EffectiveTaxableIncomeReconciliationLossOnAvailableForSaleSecurities
|
0 | usd |
| CY2023Q2 | arr |
Effective Taxable Income Reconciliation Loss On Available For Sale Securities
EffectiveTaxableIncomeReconciliationLossOnAvailableForSaleSecurities
|
113256000 | usd |
| arr |
Effective Taxable Income Reconciliation Loss On Available For Sale Securities
EffectiveTaxableIncomeReconciliationLossOnAvailableForSaleSecurities
|
0 | usd | |
| arr |
Effective Taxable Income Reconciliation Loss On Available For Sale Securities
EffectiveTaxableIncomeReconciliationLossOnAvailableForSaleSecurities
|
283412000 | usd | |
| CY2024Q2 | arr |
Effective Taxable Income Reconciliation Amortization Of Financing Costs And Discounts
EffectiveTaxableIncomeReconciliationAmortizationOfFinancingCostsAndDiscounts
|
20935000 | usd |
| CY2023Q2 | arr |
Effective Taxable Income Reconciliation Amortization Of Financing Costs And Discounts
EffectiveTaxableIncomeReconciliationAmortizationOfFinancingCostsAndDiscounts
|
26202000 | usd |
| arr |
Effective Taxable Income Reconciliation Amortization Of Financing Costs And Discounts
EffectiveTaxableIncomeReconciliationAmortizationOfFinancingCostsAndDiscounts
|
42313000 | usd | |
| arr |
Effective Taxable Income Reconciliation Amortization Of Financing Costs And Discounts
EffectiveTaxableIncomeReconciliationAmortizationOfFinancingCostsAndDiscounts
|
56570000 | usd | |
| CY2024Q2 | arr |
Effective Taxable Income Reconciliation Amortization Of Deferred Treasury Future Gains
EffectiveTaxableIncomeReconciliationAmortizationOfDeferredTreasuryFutureGains
|
-4728000 | usd |
| CY2023Q2 | arr |
Effective Taxable Income Reconciliation Amortization Of Deferred Treasury Future Gains
EffectiveTaxableIncomeReconciliationAmortizationOfDeferredTreasuryFutureGains
|
-6062000 | usd |
| arr |
Effective Taxable Income Reconciliation Amortization Of Deferred Treasury Future Gains
EffectiveTaxableIncomeReconciliationAmortizationOfDeferredTreasuryFutureGains
|
-9325000 | usd | |
| arr |
Effective Taxable Income Reconciliation Amortization Of Deferred Treasury Future Gains
EffectiveTaxableIncomeReconciliationAmortizationOfDeferredTreasuryFutureGains
|
-11877000 | usd | |
| CY2024Q2 | arr |
Effective Taxable Income Reconciliation Other Adjustments
EffectiveTaxableIncomeReconciliationOtherAdjustments
|
539000 | usd |
| CY2023Q2 | arr |
Effective Taxable Income Reconciliation Other Adjustments
EffectiveTaxableIncomeReconciliationOtherAdjustments
|
484000 | usd |
| arr |
Effective Taxable Income Reconciliation Other Adjustments
EffectiveTaxableIncomeReconciliationOtherAdjustments
|
1182000 | usd | |
| arr |
Effective Taxable Income Reconciliation Other Adjustments
EffectiveTaxableIncomeReconciliationOtherAdjustments
|
779000 | usd | |
| CY2024Q2 | arr |
Estimated Reit Taxable Income
EstimatedREITTaxableIncome
|
39205000 | usd |
| CY2023Q2 | arr |
Estimated Reit Taxable Income
EstimatedREITTaxableIncome
|
27730000 | usd |
| arr |
Estimated Reit Taxable Income
EstimatedREITTaxableIncome
|
66714000 | usd | |
| arr |
Estimated Reit Taxable Income
EstimatedREITTaxableIncome
|
53196000 | usd | |
| CY2024Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
257341000 | usd |
| CY2024Q2 | arr |
Aggregate Tax Basis Stockholders Equity In Excess Of Assets And Liabilities
AggregateTaxBasisStockholdersEquityInExcessOfAssetsAndLiabilities
|
-113045000 | usd |
| CY2024Q2 | arr |
Aggregate Tax Basis Stockholders Equity In Excess Of Assets And Liabilities Per Share
AggregateTaxBasisStockholdersEquityInExcessOfAssetsAndLiabilitiesPerShare
|
-2.32 | |
| CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
48765000 | shares |
| CY2024Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
38262000 | usd |
| us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
76569000 | usd | |
| CY2023Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
51333000 | usd |
| us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
106332000 | usd |
