2013 Q2 Form 10-Q Financial Statement
#000156067213000011 Filed on August 14, 2013
Income Statement
| Concept | 2013 Q2 |
|---|---|
| Revenue | $4.310M |
| YoY Change | |
| Cost Of Revenue | $1.470M |
| YoY Change | |
| Gross Profit | $2.850M |
| YoY Change | |
| Gross Profit Margin | 66.13% |
| Selling, General & Admin | |
| YoY Change | |
| % of Gross Profit | |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | |
| YoY Change | |
| % of Gross Profit | |
| Operating Expenses | $1.361M |
| YoY Change | |
| Operating Profit | $1.489M |
| YoY Change | |
| Interest Expense | -$12.13M |
| YoY Change | |
| % of Operating Profit | -814.64% |
| Other Income/Expense, Net | $421.0K |
| YoY Change | |
| Pretax Income | -$9.700M |
| YoY Change | |
| Income Tax | $0.00 |
| % Of Pretax Income | |
| Net Earnings | -$9.704M |
| YoY Change | |
| Net Earnings / Revenue | -225.15% |
| Basic Earnings Per Share | -$1.55 |
| Diluted Earnings Per Share | -$1.552M |
| COMMON SHARES | |
| Basic Shares Outstanding | 6.249M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2013 Q2 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $52.30M |
| YoY Change | |
| Cash & Equivalents | $52.35M |
| Short-Term Investments | |
| Other Short-Term Assets | |
| YoY Change | |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $16.00M |
| Other Receivables | $45.50M |
| Total Short-Term Assets | $113.8M |
| YoY Change | |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | |
| YoY Change | |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $1.352B |
| YoY Change | |
| Other Assets | |
| YoY Change | |
| Total Long-Term Assets | $1.383B |
| YoY Change | |
| TOTAL ASSETS | |
| Total Short-Term Assets | $113.8M |
| Total Long-Term Assets | $1.383B |
| Total Assets | $1.497B |
| YoY Change | |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $77.10M |
| YoY Change | |
| Accrued Expenses | $1.700M |
| YoY Change | |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $1.216B |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $1.324B |
| YoY Change | |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $3.000M |
| YoY Change | |
| Total Long-Term Liabilities | $3.000M |
| YoY Change | |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $1.324B |
| Total Long-Term Liabilities | $3.000M |
| Total Liabilities | $1.327B |
| YoY Change | |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | -$11.58M |
| YoY Change | |
| Common Stock | $91.00K |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $169.6M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $1.497B |
| YoY Change |
Cashflow Statement
| Concept | 2013 Q2 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$9.704M |
| YoY Change | |
| Depreciation, Depletion And Amortization | |
| YoY Change | |
| Cash From Operating Activities | -$13.68M |
| YoY Change | |
| INVESTING ACTIVITIES | |
| Capital Expenditures | |
| YoY Change | |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$1.319B |
| YoY Change | |
| Cash From Investing Activities | -$1.319B |
| YoY Change | |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 1.365B |
| YoY Change | |
| NET CHANGE | |
| Cash From Operating Activities | -13.68M |
| Cash From Investing Activities | -1.319B |
| Cash From Financing Activities | 1.365B |
| Net Change In Cash | 32.24M |
| YoY Change | |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$13.68M |
| Capital Expenditures | |
| Free Cash Flow | |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-212000 | USD | |
| us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-367000 | USD | |
| us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
4067000 | USD | |
| CY2012Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
1076000 | USD |
| CY2013Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
1360000 | USD |
| us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-719000 | USD | |
| CY2013Q2 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-858000 | USD |
| CY2013Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
181061000 | USD |
| CY2012Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
32674000 | USD |
| us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
-1538000 | USD | |
| CY2012Q4 | us-gaap |
Assets
Assets
|
32156000 | USD |
| CY2013Q2 | us-gaap |
Assets
Assets
|
1496967000 | USD |
| earn |
Related Party Transaction Management Agreement Renewal Period
RelatedPartyTransactionManagementAgreementRenewalPeriod
|
P1Y | ||
| earn |
Related Party Transaction Termination Fee Percentage
RelatedPartyTransactionTerminationFeePercentage
|
0.05 | ||
| earn |
Repurchaseofinvestmentssoldshort
Repurchaseofinvestmentssoldshort
|
2036000 | USD | |
| CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
52345000 | USD |
| CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
18161000 | USD |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
34184000 | USD | |
| us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.14 | ||
| CY2013Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2013Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2013Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9133378 | shares |
| CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1633378 | shares |
| CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
1633378 | shares |
| CY2013Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9133378 | shares |
| CY2013Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
91000 | USD |
| CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
16000 | USD |
| CY2013Q2 | us-gaap |
Custody Fees
CustodyFees
|
421000 | USD |
| us-gaap |
Custody Fees
CustodyFees
|
466000 | USD | |
| CY2013Q2 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0037 | |
| CY2012Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
0 | USD |
| CY2013Q2 | us-gaap |
Derivative Assets
DerivativeAssets
|
31266000 | USD |
| CY2013Q2 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
28286000 | USD |
| CY2012Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
0 | USD |
| CY2013Q2 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
2980000 | USD |
| us-gaap |
Dividends
Dividends
|
-1279000 | USD | |
| CY2013Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
1279000 | USD |
| CY2012Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
0 | USD |
| us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-3904000 | USD | |
| CY2013Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.55 | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.17 | ||
| CY2012Q4 | us-gaap |
Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
|
13596000 | USD |
| CY2013Q2 | us-gaap |
Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
|
1351479000 | USD |
| us-gaap |
Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
|
-2117000 | USD | |
| CY2013Q2 | us-gaap |
Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
|
-3006000 | USD |
| CY2013Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
3785000 | USD |
| us-gaap |
Interest Income Operating
InterestIncomeOperating
|
4592000 | USD | |
| CY2013Q2 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
4310000 | USD |
| us-gaap |
Interest Paid
InterestPaid
|
171000 | USD | |
| CY2012Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
0 | USD |
| CY2013Q2 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
353000 | USD |
| CY2012Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
39000 | USD |
| CY2013Q2 | us-gaap |
Interest Receivable
InterestReceivable
|
3943000 | USD |
| us-gaap |
Investment Sold Not Yet Purchased Sale Proceeds
InvestmentSoldNotYetPurchasedSaleProceeds
|
2042000 | USD | |
| CY2013Q2 | us-gaap |
Liabilities
Liabilities
|
1327394000 | USD |
| CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
1192000 | USD |
| CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
32156000 | USD |
| CY2013Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1496967000 | USD |
| CY2012Q4 | us-gaap |
Management Fee Payable
ManagementFeePayable
|
116000 | USD |
| CY2013Q2 | us-gaap |
Management Fee Payable
ManagementFeePayable
|
703000 | USD |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1365014000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1316799000 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-14031000 | USD | |
| CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9704000 | USD |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-8574000 | USD | |
| CY2013Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
1361000 | USD |
| us-gaap |
Operating Expenses
OperatingExpenses
|
1557000 | USD | |
| CY2012Q4 | us-gaap |
Other Assets
OtherAssets
|
360000 | USD |
| CY2013Q2 | us-gaap |
Other Assets
OtherAssets
|
367000 | USD |
| us-gaap |
Other Income
OtherIncome
|
-11084000 | USD | |
| CY2013Q2 | us-gaap |
Other Income
OtherIncome
|
-12128000 | USD |
| CY2013Q2 | us-gaap |
Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
|
77136000 | USD |
| CY2012Q4 | us-gaap |
Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
|
0 | USD |
| us-gaap |
Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
|
3060000 | USD | |
| us-gaap |
Payments For Securities Purchased Under Agreements To Resell
PaymentsForSecuritiesPurchasedUnderAgreementsToResell
|
4098000 | USD | |
| us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
682000 | USD | |
| us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
1596310000 | USD | |
| CY2013Q2 | us-gaap |
Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements
|
1181779000 | USD |
| CY2013Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2012Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2013Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
| CY2012Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
| CY2013Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2012Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2012Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2013Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2012Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2013Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| us-gaap |
Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
|
11437000 | USD | |
| us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
150000000 | USD | |
| us-gaap |
Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
|
266465000 | USD | |
| us-gaap |
Proceeds From Securities Purchased Under Agreements To Resell
ProceedsFromSecuritiesPurchasedUnderAgreementsToResell
|
4098000 | USD | |
| CY2013Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
237000 | USD |
| us-gaap |
Professional Fees
ProfessionalFees
|
268000 | USD | |
| us-gaap |
Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1
|
P33D | ||
| CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1726000 | USD |
| CY2013Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-11579000 | USD |
| us-gaap |
Revenue Recognition Interest
RevenueRecognitionInterest
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Interest Income: </font><font style="font-family:inherit;font-size:10pt;">The Company accretes market discounts and amortizes market premiums on debt securities using the effective yield method. Accretion of market discount and amortization of market premiums requires the use of a significant amount of judgment and the application of several assumptions including, but not limited to, prepayment assumptions and default rate assumptions, which are evaluated quarterly. The Company's accretion of discounts and amortization of premiums for U.S. federal and other tax purposes is likely to differ from the financial accounting treatment of these items as described above.</font></div></div> | ||
| us-gaap |
Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table details the Company's outstanding borrowings under repurchase agreements as of June 30, 2013:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td width="52%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="13%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="14%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="15%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="4" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Weighted Average</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Original Maturity</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Borrowings Outstanding</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Interest Rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Days to Maturity</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30 days or less</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">700,812</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.38</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31-60 days</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">289,830</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.37</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61-90 days</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">225,054</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.37</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">74</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,215,696</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.37</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33</font></div></td></tr></table></div></div></div> | ||
| CY2012Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
0 | USD |
| CY2013Q2 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
1215696000 | USD |
| CY2013Q2 | us-gaap |
Stock Dividends Shares
StockDividendsShares
|
58378 | shares |
| us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
150000000 | USD | |
| CY2013Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
169573000 | USD |
| CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
30964000 | USD |
| us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
28286000 | USD | |
| CY2013Q2 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
28286000 | USD |
| CY2013Q2 | us-gaap |
Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
|
-45784000 | USD |
| us-gaap |
Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
|
-45629000 | USD | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3953820 | shares | |
| CY2013Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6248763 | shares |
| CY2013Q2 | earn |
Annual Base Management Fee Percent
AnnualBaseManagementFeePercent
|
0.015 | |
| earn |
Borrowingsunderrepurchaseagreements
Borrowingsunderrepurchaseagreements
|
1977370000 | USD | |
| CY2013Q2 | earn |
Cash Collateral Received Pledgedfor Repurchase Agreements
CashCollateralReceivedPledgedforRepurchaseAgreements
|
33917000 | USD |
| earn |
Coupon Income
CouponIncome
|
5310000 | USD | |
| CY2013Q2 | earn |
Coupon Income
CouponIncome
|
5167000 | USD |
| CY2013Q2 | earn |
Derivativenotionalnet
Derivativenotionalnet
|
-1126714000 | USD |
| CY2013Q2 | earn |
Dividendpershare
Dividendpershare
|
20.38 | |
| CY2012Q4 | earn |
Duefrom Brokers
DuefromBrokers
|
0 | USD |
| earn |
Increasedecreaseinduefrombrokers
Increasedecreaseinduefrombrokers
|
-41604000 | USD | |
| CY2013Q2 | earn |
Duefrom Brokers
DuefromBrokers
|
41604000 | USD |
| CY2012Q4 | earn |
Duetobrokers
Duetobrokers
|
0 | USD |
| CY2013Q2 | earn |
Duetobrokers
Duetobrokers
|
27887000 | USD |
| earn |
Fair Value Level1 To Level2 To Level3 Transfers Amount
FairValueLevel1ToLevel2ToLevel3TransfersAmount
|
0 | USD | |
| earn |
Fair Value Level1 To Level2 To Level3 Transfers Amount
FairValueLevel1ToLevel2ToLevel3TransfersAmount
|
0 | USD | |
| earn |
Increase Decrease In Management Fee Payable
IncreaseDecreaseInManagementFeePayable
|
587000 | USD | |
| earn |
Increasedecreaseinduetobrokers
Increasedecreaseinduetobrokers
|
27887000 | USD | |
| earn |
Increasedecreaseininterestpayable
Increasedecreaseininterestpayable
|
353000 | USD | |
| earn |
Interest Income
InterestIncome
|
4591000 | USD | |
| CY2013Q2 | earn |
Interest Income
InterestIncome
|
4309000 | USD |
| CY2013Q2 | earn |
Interestexpensegross
Interestexpensegross
|
525000 | USD |
| earn |
Interestexpensegross
Interestexpensegross
|
525000 | USD | |
| CY2013Q2 | earn |
Management Fees
ManagementFees
|
703000 | USD |
| earn |
Management Fees
ManagementFees
|
823000 | USD | |
| CY2013Q2 | earn |
Netrealizedgainslossesonperiodicsettementsofinterestrateswaps
Netrealizedgainslossesonperiodicsettementsofinterestrateswaps
|
-69000 | USD |
| CY2013Q2 | earn |
Netrealizedgainslossesotherthanonperiodicsettementsofinterestrateswaps
Netrealizedgainslossesotherthanonperiodicsettementsofinterestrateswaps
|
8445000 | USD |
| CY2013Q2 | earn |
Netrealizedgainsonderivativeinstruments
Netrealizedgainsonderivativeinstruments
|
8376000 | USD |
| earn |
Netrealizedgainsonderivativeinstruments
Netrealizedgainsonderivativeinstruments
|
8376000 | USD | |
| CY2013Q2 | earn |
Numberof Counterpartieswith Outstanding Repurchase Agreements
NumberofCounterpartieswithOutstandingRepurchaseAgreements
|
5 | counterparties |
| earn |
Principal Repayments Of Securities
PrincipalRepaymentsOfSecurities
|
4663000 | USD | |
| CY2012Q4 | earn |
Receivableforsecuritiessold
Receivableforsecuritiessold
|
0 | USD |
| CY2013Q2 | earn |
Receivableforsecuritiessold
Receivableforsecuritiessold
|
15963000 | USD |
| earn |
Related Party Transaction Expense Reimbursement Period
RelatedPartyTransactionExpenseReimbursementPeriod
|
P60D | ||
| CY2013Q2 | earn |
Repurchaseagreementsnet
Repurchaseagreementsnet
|
1215696000 | USD |
| CY2013Q2 | earn |
Remaining Capital Commitment
RemainingCapitalCommitment
|
0 | USD |
| earn |
Repaymentsofrepurchaseagreements
Repaymentsofrepurchaseagreements
|
761674000 | USD | |
| CY2013Q2 | earn |
Repurchseagreementsandrelatedcollateralnet
Repurchseagreementsandrelatedcollateralnet
|
0 | USD |
| CY2013Q2 | earn |
Stock Dividend Percent
StockDividendPercent
|
0.037066 | |
| CY2013Q2 | earn |
Unrealizedgainlossonaccruedperiodicsettlementsoninterestrateswaps
Unrealizedgainlossonaccruedperiodicsettlementsoninterestrateswaps
|
-1042000 | USD |
| CY2013Q2 | earn |
Unrealizedgainlossonotherthanaccuredperiodicsettlementsoninterestrateswaps
Unrealizedgainlossonotherthanaccuredperiodicsettlementsoninterestrateswaps
|
29328000 | USD |
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | ||
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-06-30 | ||
| dei |
Document Type
DocumentType
|
10-Q | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001560672 | ||
| CY2013Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
9133378 | shares |
| dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
| dei |
Entity Registrant Name
EntityRegistrantName
|
Ellington Residential Mortgage REIT |
