$DX
DYNEX CAPITAL INC Stock $dx

$dx Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000082667516000045 Filed on May 09, 2016

Income Statement

Concept	2016 Q2	2016 Q1	2015 Q1
Revenue	$22.80M	$25.10M	$24.10M
YoY Change	-6.94%	4.15%	-12.81%
Cost Of Revenue	$6.100M	$6.300M	$5.400M
YoY Change	10.91%	16.67%	-28.95%
Gross Profit	$16.70M	$18.80M	$18.70M
YoY Change	-12.11%	0.53%	-6.5%
Gross Profit Margin	73.25%	74.9%	77.59%
Selling, General & Admin	$3.700M	$4.100M	$4.300M
YoY Change	-22.92%	-4.65%	4.88%
% of Gross Profit	22.16%	21.81%	22.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$400.0K	$500.0K	$1.500M
YoY Change	-69.23%	-66.67%
% of Gross Profit	2.4%	2.66%	8.02%
Operating Expenses	$3.300M	$4.000M	$4.200M
YoY Change	-32.65%	-4.76%	2.44%
Operating Profit	$13.40M	$14.80M	$14.50M
YoY Change	-4.96%	2.07%	-8.81%
Interest Expense	$6.100M	$6.310M	$5.371M
YoY Change	10.07%	17.48%	-29.63%
% of Operating Profit	45.52%	42.64%	37.04%
Other Income/Expense, Net	$318.0K	$87.00K	$72.00K
YoY Change	-49.68%	20.83%	-32.71%
Pretax Income	-$3.200M	-$37.40M	-$9.500M
YoY Change	-110.49%	293.68%	1257.14%
Income Tax
% Of Pretax Income
Net Earnings	-$3.231M	-$37.43M	-$9.472M
YoY Change	-110.61%	295.18%	1190.46%
Net Earnings / Revenue	-14.17%	-149.13%	-39.3%
Basic Earnings Per Share
Diluted Earnings Per Share	-$195.1K	-$2.294M	-$519.1K
COMMON SHARES
Basic Shares Outstanding	49.10M shares	48.95M shares	54.94M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2016 Q2	2016 Q1	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$96.90M	$82.90M	$38.50M
YoY Change	71.5%	115.32%	-37.09%
Cash & Equivalents	$96.90M	$82.94M	$38.50M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$27.40M	$28.50M	$31.60M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$124.3M	$111.4M	$70.10M
YoY Change	-32.67%	58.92%	-24.38%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$0.00	$98.00K	$10.02M
YoY Change	-100.0%	-99.02%	-99.75%
Other Assets	$83.70M	$86.90M	$67.00M
YoY Change	44.56%	29.7%	268.13%
Total Long-Term Assets	$3.345B	$3.473B	$4.005B
YoY Change	-16.05%	-13.3%	-1.14%
TOTAL ASSETS
Total Short-Term Assets	$124.3M	$111.4M	$70.10M
Total Long-Term Assets	$3.345B	$3.473B	$4.005B
Total Assets	$3.469B	$3.584B	$4.076B
YoY Change	-16.79%	-12.06%	-1.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$1.700M	$2.200M	$2.300M
YoY Change	-19.05%	-4.35%	-17.86%
Deferred Revenue
YoY Change
Short-Term Debt	$2.864B	$2.985B	$3.186B
YoY Change	-18.44%	-6.3%	-8.6%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.878B	$2.999B	$3.400B
YoY Change	-18.53%	-11.77%	-3.42%
LONG-TERM LIABILITIES
Long-Term Debt	$7.500M	$8.100M	$10.20M
YoY Change	-14.77%	-20.59%	-17.74%
Other Long-Term Liabilities	$92.60M	$92.60M	$60.20M
YoY Change	74.72%	53.82%	370.31%
Total Long-Term Liabilities	$100.1M	$100.7M	$70.40M
YoY Change	61.97%	43.04%	179.37%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.878B	$2.999B	$3.400B
Total Long-Term Liabilities	$100.1M	$100.7M	$70.40M
Total Liabilities	$2.978B	$3.100B	$3.470B
YoY Change	-17.15%	-10.66%	-2.12%
SHAREHOLDERS EQUITY
Retained Earnings	-$396.6M	-$380.7M	-$313.1M
YoY Change	33.14%	21.61%	16.5%
Common Stock	$726.6M	$725.9M	$764.5M
YoY Change	-4.25%	-5.05%	0.28%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$491.5M	$483.8M	$605.5M
YoY Change
Total Liabilities & Shareholders Equity	$3.469B	$3.584B	$4.076B
YoY Change	-16.79%	-12.06%	-1.66%

Cashflow Statement

Concept	2016 Q2	2016 Q1	2015 Q1
OPERATING ACTIVITIES
Net Income	-$3.231M	-$37.43M	-$9.472M
YoY Change	-110.61%	295.18%	1190.46%
Depreciation, Depletion And Amortization	$400.0K	$500.0K	$1.500M
YoY Change	-69.23%	-66.67%
Cash From Operating Activities	$52.60M	$53.60M	$50.96M
YoY Change	-8.36%	5.19%	2.11%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$92.90M	$38.00K	$75.00K
YoY Change	-126.52%	-49.33%	1400.0%
Cash From Investing Activities	$92.90M	$170.6M	-$187.2M
YoY Change	-126.52%	-191.13%	-412.1%
FINANCING ACTIVITIES
Cash Dividend Paid		$14.07M	$15.98M
YoY Change		-11.97%	-5.77%
Common Stock Issuance & Retirement, Net		$254.0K	$101.0K
YoY Change		151.49%	-188.6%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-131.6M	-$175.2M	$130.8M
YoY Change	-142.34%	-233.93%	-210.81%
NET CHANGE
Cash From Operating Activities	52.60M	$53.60M	$50.96M
Cash From Investing Activities	92.90M	$170.6M	-$187.2M
Cash From Financing Activities	-131.6M	-$175.2M	$130.8M
Net Change In Cash	13.90M	$49.01M	-$5.440M
YoY Change	-22.35%	-1000.83%	-33.35%
FREE CASH FLOW
Cash From Operating Activities	$52.60M	$53.60M	$50.96M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2015Q1	us-gaap	Increase Decrease In Financial Instruments Used In Operating Activities IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities	-25323000	USD
CY2016Q1	us-gaap	Increase Decrease In Financial Instruments Used In Operating Activities IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities	-48264000	USD
CY2015Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	313000	USD
CY2016Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	500000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	1014000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	1103000	USD
CY2015Q1	us-gaap	Increase In Restricted Cash IncreaseInRestrictedCash	24704000	USD
CY2016Q1	us-gaap	Increase In Restricted Cash IncreaseInRestrictedCash	35674000	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	5371000	USD
CY2016Q1	us-gaap	Interest Expense InterestExpense	6310000	USD
CY2015Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	18728000	USD
CY2016Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	18779000	USD
CY2015Q1	us-gaap	Interest Income Operating InterestIncomeOperating	24099000	USD
CY2016Q1	us-gaap	Interest Income Operating InterestIncomeOperating	25089000	USD
CY2015Q1	us-gaap	Interest Paid InterestPaid	3989000	USD
CY2016Q1	us-gaap	Interest Paid InterestPaid	5781000	USD
CY2015Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	1743000	USD
CY2016Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	2243000	USD
CY2015Q4	us-gaap	Interest Receivable InterestReceivable	22764000	USD
CY2016Q1	us-gaap	Interest Receivable InterestReceivable	22151000	USD
CY2015Q4	us-gaap	Investment Owned Balance Principal Amount InvestmentOwnedBalancePrincipalAmount	2635705000	USD
CY2016Q1	us-gaap	Investment Owned Balance Principal Amount InvestmentOwnedBalancePrincipalAmount	2465083000	USD
CY2015Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	2117000	USD
CY2016Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	2219000	USD
CY2015Q4	us-gaap	Liabilities Liabilities	3178023000	USD
CY2016Q1	us-gaap	Liabilities Liabilities	3100289000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3670048000	USD
CY2016Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3584088000	USD
CY2016Q1	us-gaap	Line Of Credit LineOfCredit	272987000	USD
CY2016Q1	us-gaap	Line Of Credit Facility Interest Rate At Period End LineOfCreditFacilityInterestRateAtPeriodEnd	0.0131
CY2016Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	300000000	USD
CY2015Q4	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	24145000	USD
CY2016Q1	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	23271000	USD
CY2015Q4	us-gaap	Long Term Debt LongTermDebt	8442000	USD
CY2016Q1	us-gaap	Long Term Debt LongTermDebt	8140000	USD
CY2015Q1	us-gaap	Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments	1308000	USD
CY2016Q1	us-gaap	Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments	-3941000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	130802000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-175194000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-187200000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	170586000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	50958000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	53613000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	-9472000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	-37431000	USD
CY2015Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-11766000	USD
CY2016Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-39725000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	23053000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	41728000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	1308000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	-3941000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-1057000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-27000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	23304000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	37760000	USD
CY2015Q1	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	1521000	USD
CY2016Q1	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	477000	USD
CY2015Q1	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	2141000	USD
CY2016Q1	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	1873000	USD
CY2015Q4	us-gaap	Other Liabilities OtherLiabilities	3504000	USD
CY2016Q1	us-gaap	Other Liabilities OtherLiabilities	2153000	USD
CY2015Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	34000	USD
CY2016Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	63000	USD
CY2015Q4	us-gaap	Other Receivables From Broker Dealers And Clearing Organizations OtherReceivablesFromBrokerDealersAndClearingOrganizations	6193000	USD
CY2016Q1	us-gaap	Other Receivables From Broker Dealers And Clearing Organizations OtherReceivablesFromBrokerDealersAndClearingOrganizations	6382000	USD
CY2015Q4	us-gaap	Other Secured Financings OtherSecuredFinancings	520000000	USD
CY2016Q1	us-gaap	Other Secured Financings OtherSecuredFinancings	263000000	USD
CY2015Q1	us-gaap	Payments For Proceeds From Derivative Instrument Investing Activities PaymentsForProceedsFromDerivativeInstrumentInvestingActivities	6405000	USD
CY2016Q1	us-gaap	Payments For Proceeds From Derivative Instrument Investing Activities PaymentsForProceedsFromDerivativeInstrumentInvestingActivities	5992000	USD
CY2015Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	75000	USD
CY2016Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	38000	USD
CY2015Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	131000	USD
CY2016Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	310000	USD
CY2015Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	15978000	USD
CY2016Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	14066000	USD
CY2015Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	545000	USD
CY2016Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	485000	USD
CY2015Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	386660000	USD
CY2016Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	4970000	USD
CY2015Q1	us-gaap	Payments To Acquire Limited Partnership Interests PaymentsToAcquireLimitedPartnershipInterests	6000000	USD
CY2016Q1	us-gaap	Payments To Acquire Limited Partnership Interests PaymentsToAcquireLimitedPartnershipInterests	0	USD
CY2015Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2294000	USD
CY2016Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2294000	USD
CY2016Q1	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25.00
CY2015Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	7975000	USD
CY2016Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	7310000	USD
CY2015Q1	us-gaap	Proceeds From Collection Of Finance Receivables ProceedsFromCollectionOfFinanceReceivables	6984000	USD
CY2016Q1	us-gaap	Proceeds From Collection Of Finance Receivables ProceedsFromCollectionOfFinanceReceivables	899000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	30000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	47000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	4219094000	USD
CY2015Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	102033000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	5403089000	USD
CY2015Q1	us-gaap	Proceeds From Limited Partnership Investments ProceedsFromLimitedPartnershipInvestments	0	USD
CY2016Q1	us-gaap	Proceeds From Limited Partnership Investments ProceedsFromLimitedPartnershipInvestments	10737000	USD
CY2016Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	92420000	USD
CY2015Q1	us-gaap	Proceeds From Repayments Of Secured Debt ProceedsFromRepaymentsOfSecuredDebt	-603000	USD
CY2016Q1	us-gaap	Proceeds From Repayments Of Secured Debt ProceedsFromRepaymentsOfSecuredDebt	-305000	USD
CY2015Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	102923000	USD
CY2016Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	77530000	USD
CY2015Q1	us-gaap	Profit Loss ProfitLoss	-9472000	USD
CY2016Q1	us-gaap	Profit Loss ProfitLoss	-37431000	USD
CY2015Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	4046361000	USD
CY2016Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	5527490000	USD
CY2015Q1	us-gaap	Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1 RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1	P22D
CY2016Q1	us-gaap	Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1 RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1	P23D
CY2015Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	51190000	USD
CY2016Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	86864000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-330713000	USD
CY2016Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-380748000	USD
CY2015Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	2589420000	USD
CY2016Q1	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	2722019000	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	693000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	829000	USD
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	2500000	shares
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	906264	shares
CY2015Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	65913	shares
CY2016Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	80888	shares
CY2015Q1	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	4744	shares
CY2016Q1	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	9074	shares
CY2015Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	231274	shares
CY2016Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	168720	shares
CY2016Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	50000000	USD
CY2016Q1	us-gaap	Stock Repurchase Program Expiration Date StockRepurchaseProgramExpirationDate	2016-12-31
CY2016Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	8518000	USD
CY2015Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	16140	shares
CY2016Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	48444	shares
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	492025000	USD
CY2016Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	483799000	USD
CY2016Q1	us-gaap	Subsequent Event Description SubsequentEventDescription	In May 2016, the Company and Wells Fargo Bank, N.A. amended the committed repurchase facility to increase the aggregate maximum borrowing capacity to $350,000 and extend the maturity date to August 6, 2018.
CY2015Q1	us-gaap	Trading Securities Unrealized Holding Gain Loss TradingSecuritiesUnrealizedHoldingGainLoss	39000	USD
CY2016Q1	us-gaap	Trading Securities Unrealized Holding Gain Loss TradingSecuritiesUnrealizedHoldingGainLoss	24000	USD
CY2015Q4	us-gaap	Transfers Accounted For As Secured Borrowings Assets Carrying Amount TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount	3367412000	USD
CY2016Q1	us-gaap	Transfers Accounted For As Secured Borrowings Assets Carrying Amount TransfersAccountedForAsSecuredBorrowingsAssetsCarryingAmount	3267309000	USD
CY2015Q4	us-gaap	Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount	3109420000	USD
CY2016Q1	us-gaap	Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount	2985019000	USD
CY2015Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	54800000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	49041000	shares
CY2016Q1	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Recent Accounting Pronouncements</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases</font><font style="font-family:inherit;font-size:10pt;">, which includes the following amendments:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">for operating and finance leases, a lessee is required to recognize a right-of-use asset and a lease liability, initially measured at the present value of the lease payments in its consolidated balance sheet;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">for finance leases, a lessee is required to recognize interest on the lease liability separately from amortization of the right-of-use asset in the statement of comprehensive income;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">for finance leases, a lessee is required to classify repayments of the principal portion of the lease liability within financing activities and payments of interest on the lease liability and variable lease payments within operating activities in the statement of cash flows;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">for operating leases, a lessee is required to recognize a single lease cost, calculated so that the cost of the lease is allocated over the lease term on a generally straight-line basis in the statement of comprehensive income; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">for operating leases, a lessee is required to classify all cash payments within operating activities in the statement of cash flows.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under the new guidance, lessor accounting is largely unchanged. ASU No. 2016-02 is effective for public companies for fiscal years beginning after December 15, 2018, and early adoption is permitted. The Company does not expect this ASU to have a material impact on the Company's consolidated financial statements.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The FASB also issued ASU No. 2016-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation - Stock Compensation,</font><font style="font-family:inherit;font-size:10pt;"> which simplifies several aspects of the accounting for share-based payment award transactions, including income tax consequences, classification of awards as either equity or liabilities, and classification on the statement cash flows. The amendments are effective for public companies for fiscal years beginning after December 15, 2016, and early adoption is permitted. The Company does not expect this ASU to have a material impact on the Company's consolidated financial statements.</font></div></div>
CY2016Q1	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dynex Capital, Inc., ("Company”) was incorporated in the Commonwealth of Virginia on December 18, 1987 and commenced operations in February 1988. The Company primarily earns income from investing on a leveraged basis in mortgage-backed securities ("MBS") that are issued or guaranteed by the U.S. Government or U.S. Government sponsored agencies ("Agency MBS") and MBS issued by others ("non-Agency MBS").</font></div></div>
CY2016Q1	us-gaap	Reclassifications Reclassifications	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain items in the prior periods' consolidated financial statements have been reclassified to conform to the current period's presentation. Because the Company's equity in income of limited partnership was immaterial for the three months ended March 31, 2016 and March 31, 2015, this amount is now included within "other income (expense), net" on the Company's consolidated statements of comprehensive income. This presentation change has no effect on reported total assets, total liabilities, results of operations, or cash flow activities.</font></div></div>
CY2016Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported amounts of revenue and expenses during the reported period. Actual results could differ from those estimates. The most significant estimates used by management include, but are not limited to, fair value measurements of its investments, other-than-temporary impairments, contingencies, and amortization of premiums and discounts. These items are discussed further below within this note to the consolidated financial statements.</font></div><div style="line-height:120%;text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div></div>

Files In Submission

Name	View Source	Status
0000826675-16-000045-index-headers.html	Edgar Link	pending
0000826675-16-000045-index.html	Edgar Link	pending
0000826675-16-000045.txt	Edgar Link	pending
0000826675-16-000045-xbrl.zip	Edgar Link	pending
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$DX
DYNEX CAPITAL INC Stock $dx

2016 Q2 Form 10-Q Financial Statement

#000082667516000045 Filed on May 09, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DX DYNEX CAPITAL INC Stock $dx

2016 Q2 Form 10-Q Financial Statement

#000082667516000045 Filed on May 09, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$DX
DYNEX CAPITAL INC Stock $dx