2020 Q4 Form 10-K Financial Statement
#000082667521000015 Filed on March 01, 2021
Income Statement
Concept | 2020 Q4 | 2020 Q1 | 2020 |
---|---|---|---|
Revenue | $16.70M | $39.80M | $96.50M |
YoY Change | -60.24% | -0.5% | -43.3% |
Cost Of Revenue | $2.300M | $22.10M | $32.60M |
YoY Change | -91.09% | -15.97% | -71.43% |
Gross Profit | $14.40M | $17.70M | $63.90M |
YoY Change | -11.11% | 29.2% | 13.9% |
Gross Profit Margin | 86.23% | 44.47% | 66.22% |
Selling, General & Admin | $6.900M | $4.600M | $21.10M |
YoY Change | 72.5% | 15.0% | 31.88% |
% of Gross Profit | 47.92% | 25.99% | 33.02% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $600.0K | $500.0K | $2.000M |
YoY Change | 20.0% | 150.0% | 17.65% |
% of Gross Profit | 4.17% | 2.82% | 3.13% |
Operating Expenses | $7.100M | $5.000M | $22.10M |
YoY Change | 77.5% | 19.05% | 38.99% |
Operating Profit | $7.300M | $12.70M | $41.80M |
YoY Change | -40.16% | 33.68% | 3.98% |
Interest Expense | $33.10M | $22.10M | $32.62M |
YoY Change | 28.46% | -15.89% | -71.42% |
% of Operating Profit | 453.42% | 174.02% | 78.03% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $40.40M | -$98.50M | $177.5M |
YoY Change | -26.68% | 88.7% | -216.24% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | $40.40M | -$98.48M | $177.5M |
YoY Change | -26.68% | 88.61% | -216.29% |
Net Earnings / Revenue | 241.92% | -247.43% | 183.97% |
Basic Earnings Per Share | $6.93 | ||
Diluted Earnings Per Share | $1.734M | -$4.283M | $6.93 |
COMMON SHARES | |||
Basic Shares Outstanding | 23.14M shares | 22.95M shares | 23.11M shares |
Diluted Shares Outstanding | 23.11M shares |
Balance Sheet
Concept | 2020 Q4 | 2020 Q1 | 2020 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $295.6M | $51.40M | $295.6M |
YoY Change | 372.2% | -8.05% | 372.2% |
Cash & Equivalents | $295.6M | $51.41M | $295.6M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $164.8M | $1.527B | $164.8M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $460.4M | $1.578B | $460.4M |
YoY Change | 418.47% | 1824.51% | 418.47% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $2.603B | $3.728B | $2.603B |
YoY Change | -49.93% | -23.19% | -49.93% |
Other Assets | $7.100M | $59.20M | $7.100M |
YoY Change | -90.08% | -31.8% | -90.08% |
Total Long-Term Assets | $2.634B | $3.796B | $2.627B |
YoY Change | -50.12% | -23.36% | -50.26% |
TOTAL ASSETS | |||
Total Short-Term Assets | $460.4M | $1.578B | $460.4M |
Total Long-Term Assets | $2.634B | $3.796B | $2.627B |
Total Assets | $3.095B | $5.374B | $3.088B |
YoY Change | -42.38% | 6.73% | -42.51% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $1.400M | $9.600M | $1.400M |
YoY Change | -91.03% | -25.58% | -91.03% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $2.437B | $4.408B | $2.437B |
YoY Change | -48.72% | 3.65% | -48.72% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.444B | $4.806B | $2.444B |
YoY Change | -48.87% | 8.63% | -48.87% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $100.0K | $2.200M | $100.0K |
YoY Change | -96.3% | -31.25% | -96.3% |
Other Long-Term Liabilities | $9.800M | $15.90M | $9.800M |
YoY Change | 117.78% | 367.65% | 117.78% |
Total Long-Term Liabilities | $9.900M | $18.10M | $9.900M |
YoY Change | 37.5% | 174.24% | 37.5% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.444B | $4.806B | $2.444B |
Total Long-Term Liabilities | $9.900M | $18.10M | $9.900M |
Total Liabilities | $2.461B | $4.824B | $2.454B |
YoY Change | -48.59% | 8.87% | -48.74% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$491.1M | -$729.3M | |
YoY Change | -19.78% | 56.29% | |
Common Stock | $869.5M | $858.2M | |
YoY Change | 1.3% | -1.58% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $633.5M | $550.6M | $633.5M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.095B | $5.374B | $3.088B |
YoY Change | -42.38% | 6.73% | -42.51% |
Cashflow Statement
Concept | 2020 Q4 | 2020 Q1 | 2020 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $40.40M | -$98.48M | $177.5M |
YoY Change | -26.68% | 88.61% | -216.29% |
Depreciation, Depletion And Amortization | $600.0K | $500.0K | $2.000M |
YoY Change | 20.0% | 150.0% | 17.65% |
Cash From Operating Activities | $44.00M | $43.98M | $174.0M |
YoY Change | -17.29% | 9.14% | -0.79% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $234.4M | $0.00 | $0.00 |
YoY Change | 206.41% | -100.0% | -100.0% |
Cash From Investing Activities | $234.4M | $287.9M | $2.353B |
YoY Change | 206.41% | -128.58% | -246.55% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $15.03M | $52.44M | |
YoY Change | -32.59% | -22.93% | |
Common Stock Issuance & Retirement, Net | $206.0K | -$9.519M | |
YoY Change | -100.38% | -75.5% | |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -160.6M | -$352.3M | -$2.353B |
YoY Change | 19.49% | -134.51% | -259.66% |
NET CHANGE | |||
Cash From Operating Activities | 44.00M | $43.98M | $174.0M |
Cash From Investing Activities | 234.4M | $287.9M | $2.353B |
Cash From Financing Activities | -160.6M | -$352.3M | -$2.353B |
Net Change In Cash | 117.8M | -$20.43M | $173.5M |
YoY Change | -2606.38% | -137.86% | 296.05% |
FREE CASH FLOW | |||
Cash From Operating Activities | $44.00M | $43.98M | $174.0M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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NetIncomeLoss
|
7023000 | USD |
CY2020 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
13599000 | USD |
CY2019 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
12967000 | USD |
CY2018 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
11801000 | USD |
CY2020 | us-gaap |
Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
|
3914000 | USD |
CY2019 | us-gaap |
Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
|
0 | USD |
CY2018 | us-gaap |
Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
|
0 | USD |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
160017000 | USD |
CY2019 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-165635000 | USD |
CY2018 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4778000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
214539000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
203995000 | USD |
CY2018 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-50218000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
308084000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-5755000 | USD |
CY2018 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-23373000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
0 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
165000 | USD |
CY2018 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
237000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-93545000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
209585000 | USD |
CY2018 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-27082000 | USD |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
66472000 | USD |
CY2019 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
43950000 | USD |
CY2018 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-31860000 | USD |
CY2020 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
6.93 | |
CY2019 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-7.01 | |
CY2018 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.25 | |
CY2020 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
23106000 | shares |
CY2019 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
23620000 | shares |
CY2018 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
19235000 | shares |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
557058000 | USD |
CY2018 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
43457000 | USD |
CY2018 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
1230000 | USD |
CY2018 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
364000 | USD |
CY2018 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
95000 | USD |
CY2018 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7023000 | USD |
CY2018 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
11801000 | USD |
CY2018 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
42273000 | USD |
CY2018 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-27082000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
527153000 | USD |
CY2019 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
83812000 | USD |
CY2019Q4 | us-gaap |
Variable Interest Entity Consolidated Assets Pledged
VariableInterestEntityConsolidatedAssetsPledged
|
3452000 | USD |
CY2019 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
1206000 | USD |
CY2019 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
25034000 | USD |
CY2019 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
296000 | USD |
CY2019 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
258000 | USD |
CY2019 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-152668000 | USD |
CY2019 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
12967000 | USD |
CY2019 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
47545000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
209585000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
582988000 | USD |
CY2020 | us-gaap |
Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
|
548000 | USD |
CY2020 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
117818000 | USD |
CY2020 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
100000000 | USD |
CY2020 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
1823000 | USD |
CY2020 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
372000 | USD |
CY2020 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
245000 | USD |
CY2020 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
25000 | USD |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
177530000 | USD |
CY2020 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
13599000 | USD |
CY2020 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
38372000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-93545000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
633453000 | USD |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
177530000 | USD |
CY2019 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-152668000 | USD |
CY2018 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7023000 | USD |
CY2020 | us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
-172290000 | USD |
CY2019 | us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
-186949000 | USD |
CY2018 | us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
-3461000 | USD |
CY2020 | us-gaap |
Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
|
308084000 | USD |
CY2019 | us-gaap |
Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
|
-5755000 | USD |
CY2018 | us-gaap |
Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
|
-23373000 | USD |
CY2020 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
20000 | USD |
CY2019 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-56000 | USD |
CY2018 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
52000 | USD |
CY2020 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
126395000 | USD |
CY2019 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
133690000 | USD |
CY2018 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
143036000 | USD |
CY2020 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
1989000 | USD |
CY2019 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
1684000 | USD |
CY2018 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
1232000 | USD |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1823000 | USD |
CY2019 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1205000 | USD |
CY2018 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1231000 | USD |
CY2020 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-11821000 | USD |
CY2019 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
5190000 | USD |
CY2018 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
1200000 | USD |
CY2020 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-14175000 | USD |
CY2019 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
5277000 | USD |
CY2018 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
6574000 | USD |
CY2019Q4 | us-gaap |
Variable Interest Entity Consolidated Liabilities No Recourse
VariableInterestEntityConsolidatedLiabilitiesNoRecourse
|
2764000 | USD |
CY2020 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-4383000 | USD |
CY2019 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
1412000 | USD |
CY2018 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
4118000 | USD |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
173952000 | USD |
CY2019 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
175346000 | USD |
CY2018 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
180560000 | USD |
CY2020 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
2436953000 | USD |
CY2019 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
2991311000 | USD |
CY2018 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
1789272000 | USD |
CY2020 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
474731000 | USD |
CY2019 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
537481000 | USD |
CY2018 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
188898000 | USD |
CY2020 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
4491873000 | USD |
CY2019 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
1033066000 | USD |
CY2018 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
733064000 | USD |
CY2020 | us-gaap |
Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
|
2854000 | USD |
CY2019 | us-gaap |
Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
|
2103000 | USD |
CY2018 | us-gaap |
Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
|
4210000 | USD |
CY2020 | us-gaap |
Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
184857000 | USD |
CY2019 | us-gaap |
Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
184920000 | USD |
CY2018 | us-gaap |
Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
6135000 | USD |
CY2020 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | USD |
CY2019 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
121000 | USD |
CY2018 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
102000 | USD |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
2347648000 | USD |
CY2019 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1603702000 | USD |
CY2018 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-869337000 | USD |
CY2020 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
31054242000 | USD |
CY2019 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
102505318000 | USD |
CY2018 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
105236233000 | USD |
CY2020 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
33369427000 | USD |
CY2019 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
101020954000 | USD |
CY2020 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
372000 | USD |
CY2018 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
104534151000 | USD |
CY2020 | us-gaap |
Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
|
-2646000 | USD |
CY2019 | us-gaap |
Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
|
-738000 | USD |
CY2018 | us-gaap |
Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
|
-2094000 | USD |
CY2020 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
107843000 | USD |
CY2019 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
19924000 | USD |
CY2018 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
1599000 | USD |
CY2020 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
9891000 | USD |
CY2019 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
63889000 | USD |
CY2018 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
41858000 | USD |
CY2020 | us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
100000000 | USD |
CY2019 | us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
0 | USD |
CY2018 | us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
0 | USD |
CY2020 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD |
CY2019 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
185000 | USD |
CY2018 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
10000 | USD |
CY2019 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
25034000 | USD |
CY2018 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2020 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
245000 | USD |
CY2019 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
296000 | USD |
CY2018 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
364000 | USD |
CY2020 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
52437000 | USD |
CY2019 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
68042000 | USD |
CY2018 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
52790000 | USD |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2353151000 | USD |
CY2019 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1473882000 | USD |
CY2018 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
690281000 | USD |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
168449000 | USD |
CY2019 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
45526000 | USD |
CY2018 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
1504000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
134230000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
88704000 | USD |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
87200000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
302679000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
134230000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
88704000 | USD |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
46054000 | USD |
CY2019 | us-gaap |
Interest Paid Net
InterestPaidNet
|
108986000 | USD |
CY2018 | us-gaap |
Interest Paid Net
InterestPaidNet
|
53205000 | USD |
CY2020 | us-gaap |
Nature Of Operations
NatureOfOperations
|
OrganizationDynex Capital, Inc. (“Company”) was incorporated in the Commonwealth of Virginia on December 18, 1987 and commenced operations in February 1988. The Company is an internally managed mortgage real estate investment trust, or mortgage REIT, which primarily earns income from investing on a leveraged basis in debt securities, the majority of which are specified pools of Agency mortgage-backed securities (“MBS”) consisting of commercial MBS (“CMBS”), residential MBS (“RMBS”), and CMBS interest-only (“IO”) securities and non-Agency MBS, which consist mainly of CMBS IO. Agency MBS have a guaranty of principal payment by a U.S. government-sponsored entity (“GSE”) such as Fannie Mae and Freddie Mac, which are in conservatorship and are currently supported by a senior preferred stock purchase agreement from U.S. Treasury. Non-Agency MBS are issued by non-governmental enterprises and do not have a guaranty of principal payment. The Company also invests in other types of mortgage-related securities, such as to-be-announced securities (“TBAs” or “TBA securities”). | |
CY2020 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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, amortization of premiums and discounts and fair value measurements of its investments. These items are discussed further below within this note to the consolidated financial statements.</span></div> | |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
295602000 | USD |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
62582000 | USD |
CY2020Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
7077000 | USD |
CY2019Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
71648000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
302679000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
134230000 | USD |
CY2020Q4 | dx |
Parvalueofavailableforsaledebtsecurity
Parvalueofavailableforsaledebtsecurity
|
2076346000 | USD |
CY2020 | us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
As previously disclosed in the 2019 Form 10-K, the receiver (the “Receiver”) for one of the plaintiffs awarded damages in a judgment (the "DCI Judgment") against Dynex Commercial, Inc. ("DCI"), a subsidiary of a former affiliate of the Company, filed a separate claim in May 2018 against the Company seeking payment of the damages awarded in connection with the DCI Judgment, alleging that the Company breached a litigation cost sharing agreement, as amended (the "Agreement"), that was initially entered into by the Company and DCI in December 2000. On November 21, 2019, the U.S. District Court, Northern District of Texas ("Northern District Court") granted in part and denied in part summary judgment on the Receiver’s claim and the Company’s claim for offset and recoupment. The Northern District Court found that the Company breached the Agreement and therefore must pay damages to the Receiver. The Northern District Court simultaneously granted the Company’s motion for summary judgment finding that DCI also breached the Agreement and that the Company can recover amounts due to it from DCI under the Agreement. The Receiver subsequently filed a claim for damages with the Northern District Court of approximately $12,600, while the Company filed claims for damages ranging from $13,300 to $30,600, including interest. The Receiver filed objections (the "Objections") with the Northern District Court to, among other things, the Company recovering amounts incurred prior to entry into the Agreement and amounts incurred under the Agreement after January 31, 2006, including interest, which is the date that DCI’s corporate existence ceased under Virginia law. The Company has disputed the Receiver’s Objections, arguing, among other things, that the Receiver's Objections are not supportable under Virginia law and has further refined its damages claim to range from $15,961 based on simple interest to $22,752 based on a combination of simple and compound interest, which the Company believes is supportable under Virginia law. There have been no material developments in this matter during the year ended December 31, 2020. After consultation with litigation counsel, the Company believes, based upon information currently available and its evaluation of Virginia law, that the likelihood of loss is not probable, and given the range of potential claims for damages by the Company to offset the Receiver's claims, the amount of possible loss cannot be reasonably estimated, and therefore, no contingent liability has been recorded. | |
CY2020 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
12600000 | USD |
CY2020 | us-gaap |
Loss Contingency Inestimable Loss
LossContingencyInestimableLoss
|
After consultation with litigation counsel, the Company believes, based upon information currently available and its evaluation of Virginia law, that the likelihood of loss is not probable, and given the range of potential claims for damages by the Company to offset the Receiver's claims, the amount of possible loss cannot be reasonably estimated, and therefore, no contingent liability has been recorded. | |
CY2020Q4 | dx |
Investments Unamortized Premium Discount
InvestmentsUnamortizedPremiumDiscount
|
439649000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
2515995000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
81293000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
1033000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
2596255000 | USD |
CY2019Q4 | dx |
Parvalueofavailableforsaledebtsecurity
Parvalueofavailableforsaledebtsecurity
|
4455808000 | USD |
CY2019Q4 | dx |
Investments Unamortized Premium Discount
InvestmentsUnamortizedPremiumDiscount
|
558549000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
5014357000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
175157000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
1351000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
5188163000 | USD |
CY2020 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
4642305000 | USD |
CY2020 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
308084000 | USD |
CY2019 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
1033066000 | USD |
CY2019 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
-5755000 | USD |
CY2018 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
733064000 | USD |
CY2018 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
-23373000 | USD |
CY2020Q4 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
0 | USD |
CY2020Q1 | us-gaap |
Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
|
-548000 | USD |
CY2020Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
6613000 | USD |
CY2019Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
9501000 | USD |
CY2020Q4 | us-gaap |
Variable Interest Entity Consolidated Assets Pledged
VariableInterestEntityConsolidatedAssetsPledged
|
2331000 | USD |
CY2020Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
|
2437163000 | USD |
CY2020Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Interest Rate
AssetsSoldUnderAgreementsToRepurchaseInterestRate
|
0.0034 | |
CY2020Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
|
2609075000 | USD |
CY2019Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
|
4752348000 | USD |
CY2019Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Interest Rate
AssetsSoldUnderAgreementsToRepurchaseInterestRate
|
0.0201 | |
CY2019Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
|
5024625000 | USD |
CY2020Q4 | dx |
Amortized Cost Of Securities Sold But Unsettled
AmortizedCostOfSecuritiesSoldButUnsettled
|
141215000 | USD |
CY2020Q4 | us-gaap |
Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
|
150432000 | USD |
CY2020Q4 | dx |
Repurchase Agreement Amount Outstanding For Which Securities Sold But Not Settled As Of The Reporting Date Are Pledged As Collateral
RepurchaseAgreementAmountOutstandingForWhichSecuritiesSoldButNotSettledAsOfTheReportingDateArePledgedAsCollateral
|
140612000 | USD |
CY2020Q4 | srt |
Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
|
5000 | USD |
CY2019Q4 | srt |
Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
|
6180000 | USD |
CY2020Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
|
2437163000 | USD |
CY2020Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Interest Rate
AssetsSoldUnderAgreementsToRepurchaseInterestRate
|
0.0034 | |
CY2020Q4 | dx |
Originaltermtomaturity
Originaltermtomaturity
|
44 | |
CY2019Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Repurchase Liability
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
|
4752348000 | USD |
CY2019Q4 | us-gaap |
Assets Sold Under Agreements To Repurchase Interest Rate
AssetsSoldUnderAgreementsToRepurchaseInterestRate
|
0.0201 | |
CY2019Q4 | dx |
Originaltermtomaturity
Originaltermtomaturity
|
45 | |
CY2020Q4 | dx |
Number Of Counterparties Borrowings Outstanding
NumberOfCounterpartiesBorrowingsOutstanding
|
20 | Agreements |
CY2020Q4 | dx |
Number Of Counterparties Borrowing Availability
NumberOfCounterpartiesBorrowingAvailability
|
37 | Agreements |
CY2020Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
250000000 | USD |
CY2020Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
121379000 | USD |
CY2020Q4 | us-gaap |
Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
|
0.0101 | |
CY2020Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
2437163000 | USD |
CY2020Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
|
0 | USD |
CY2020Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
2437163000 | USD |
CY2020Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
|
2437163000 | USD |
CY2020Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
|
0 | USD |
CY2020Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral
|
0 | USD |
CY2019Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
|
4752348000 | USD |
CY2019Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
|
0 | USD |
CY2019Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
4752348000 | USD |
CY2019Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
|
4752348000 | USD |
CY2019Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
|
0 | USD |
CY2019Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral
|
0 | USD |
CY2020 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
-172290000 | USD |
CY2019 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
-186949000 | USD |
CY2018 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
-3461000 | USD |
CY2020Q4 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
|
11342000 | USD |
CY2019Q4 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
|
4290000 | USD |
CY2020Q4 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
|
1634000 | USD |
CY2019Q4 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
|
974000 | USD |
CY2020Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
11342000 | USD |
CY2020Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
|
11342000 | USD |
CY2020Q4 | us-gaap |
Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
|
107000 | USD |
CY2020Q4 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
7681000 | USD |
CY2020Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
3554000 | USD |
CY2019Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
4290000 | USD |
CY2019Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
|
4290000 | USD |
CY2019Q4 | us-gaap |
Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
|
380000 | USD |
CY2019Q4 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
0 | USD |
CY2019Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
3910000 | USD |
CY2020Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
1634000 | USD |
CY2020Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
1634000 | USD |
CY2020Q4 | us-gaap |
Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
|
107000 | USD |
CY2020Q4 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
1527000 | USD |
CY2020Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
0 | USD |
CY2019Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
974000 | USD |
CY2019Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
974000 | USD |
CY2019Q4 | us-gaap |
Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
|
380000 | USD |
CY2019Q4 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
0 | USD |
CY2019Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
594000 | USD |
CY2020Q1 | us-gaap |
Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
|
-548000 | USD |
CY2020Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2020Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2020Q4 | us-gaap |
Redemption Premium
RedemptionPremium
|
3914000 | USD |
CY2020Q1 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2020-01-13 | |
CY2020Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.15 | |
CY2020Q1 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2020-02-14 | |
CY2020Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.15 | |
CY2020Q1 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2020-03-10 | |
CY2020Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.15 | |
CY2020Q2 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2020-04-08 | |
CY2020Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.15 | |
CY2020Q2 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2020-05-12 | |
CY2020Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.15 | |
CY2020Q2 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2020-06-10 | |
CY2020Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.13 | |
CY2020Q3 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2020-07-13 | |
CY2020Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.13 | |
CY2020Q3 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2020-08-10 | |
CY2020Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.13 | |
CY2020Q3 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2020-09-14 | |
CY2020Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.13 | |
CY2020Q4 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2020-10-13 | |
CY2020 | dx |
Rei Ttaxableincome
REITtaxableincome
|
77492000 | USD |
CY2020Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.13 | |
CY2020Q4 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2020-11-10 | |
CY2020Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.13 | |
CY2020Q4 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2020-12-10 | |
CY2020Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.13 | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
2300000 | shares |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1823000 | USD |
CY2019 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1205000 | USD |
CY2018 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1231000 | USD |
CY2020 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y1M6D | |
CY2019 | dx |
Rei Ttaxableincome
REITtaxableincome
|
23334000 | USD |
CY2018 | dx |
Rei Ttaxableincome
REITtaxableincome
|
21085000 | USD |
CY2020Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
17353000 | USD |
CY2020 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
0 | USD |
CY2019 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
63000 | USD |
CY2018 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
307000 | USD |
CY2020Q4 | us-gaap |
Due From Officers Or Stockholders
DueFromOfficersOrStockholders
|
15961000 | USD |