2022 Q1 Form 10-Q Financial Statement

#000143707122000016 Filed on May 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $42.17M $40.01M
YoY Change 5.41% -78.57%
Cost Of Revenue $8.366M $4.900M
YoY Change 70.73% -94.93%
Gross Profit $39.00M $36.80M
YoY Change 5.99% -59.16%
Gross Profit Margin 92.48% 91.98%
Selling, General & Admin $2.024M $2.000M
YoY Change 1.2% 0.0%
% of Gross Profit 5.19% 5.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $7.298M $6.877M
YoY Change 6.12% -51.07%
Operating Profit $31.71M $29.92M
YoY Change 5.96% -60.65%
Interest Expense -$2.104M -$1.660M
YoY Change 26.75% -101.94%
% of Operating Profit -6.64% -5.55%
Other Income/Expense, Net $0.00 $900.0K
YoY Change -100.0%
Pretax Income -$228.4M -$9.300M
YoY Change 2356.15% -99.42%
Income Tax
% Of Pretax Income
Net Earnings -$228.4M -$9.275M
YoY Change 2362.77% -99.43%
Net Earnings / Revenue -541.62% -23.18%
Basic Earnings Per Share -$0.72 -$0.09
Diluted Earnings Per Share -$0.72 -$0.09
COMMON SHARES
Basic Shares Outstanding 329.9M shares 224.0M shares
Diluted Shares Outstanding 329.9M shares 224.0M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.244B $9.298B
YoY Change -32.84% 13.56%
Cash & Equivalents $251.7M $198.4M
Short-Term Investments $5.992B $9.100B
Other Short-Term Assets $1.220M $1.000M
YoY Change 22.0% -50.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $316.0M $229.0M
YoY Change 37.97% -83.3%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.854M $15.77M
YoY Change -69.21% -25.24%
Other Assets $245.8M $381.0M
YoY Change -35.48% 71.62%
Total Long-Term Assets $6.767B $9.534B
YoY Change -29.02% 13.41%
TOTAL ASSETS
Total Short-Term Assets $316.0M $229.0M
Total Long-Term Assets $6.767B $9.534B
Total Assets $7.083B $9.763B
YoY Change -27.45% -0.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.439M $7.000M
YoY Change -8.01% -98.78%
Accrued Expenses $1.143M $1.000M
YoY Change 14.3% -88.89%
Deferred Revenue
YoY Change
Short-Term Debt $5.837B $8.241B
YoY Change -29.17% 31.06%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.875B $8.275B
YoY Change -29.0% 26.45%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $77.61M $4.000M
YoY Change 1840.33%
Total Long-Term Liabilities $77.61M $4.000M
YoY Change 1840.33% -99.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.875B $8.275B
Total Long-Term Liabilities $77.61M $4.000M
Total Liabilities $5.955B $8.281B
YoY Change -28.09% -1.03%
SHAREHOLDERS EQUITY
Retained Earnings -$3.149B -$2.687B
YoY Change 17.21% 6.46%
Common Stock $3.820B $3.551B
YoY Change 7.58% 9.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.128B $1.482B
YoY Change
Total Liabilities & Shareholders Equity $7.083B $9.763B
YoY Change -27.45% -0.15%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$228.4M -$9.275M
YoY Change 2362.77% -99.43%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $40.14M $34.51M
YoY Change 16.32% -68.64%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $1.070B $0.00
YoY Change -100.0%
Cash From Investing Activities $1.070B -$986.3M
YoY Change -208.47% -108.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $161.4M
YoY Change -100.0% -53.52%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.189B $1.138B
YoY Change -204.51% -109.82%
NET CHANGE
Cash From Operating Activities $40.14M $34.51M
Cash From Investing Activities $1.070B -$986.3M
Cash From Financing Activities -$1.189B $1.138B
Net Change In Cash -$79.52M $186.5M
YoY Change -142.65% 147.03%
FREE CASH FLOW
Cash From Operating Activities $40.14M $34.51M
Capital Expenditures
Free Cash Flow
YoY Change

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IncreaseDecreaseInOperatingLiabilities
-43000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
40136000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
34505000 USD
CY2022Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
7602660000 USD
CY2021Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
7012452000 USD
CY2022Q1 us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
502288000 USD
CY2021 ivr Percentageof Non Agency Residential Mortgage Backed Securities Interest Only Fair Value
PercentageofNonAgencyResidentialMortgageBackedSecuritiesInterestOnlyFairValue
0.199
CY2021Q1 us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
0 USD
CY2022Q1 ivr Contributions Distributions In Equity Method Investee
ContributionsDistributionsInEquityMethodInvestee
-7388000 USD
CY2021Q1 ivr Contributions Distributions In Equity Method Investee
ContributionsDistributionsInEquityMethodInvestee
-1233000 USD
CY2022Q1 ivr Proceedsfrom Maturities Prepaymentsand Callsof Marketable Securities
ProceedsfromMaturitiesPrepaymentsandCallsofMarketableSecurities
168316000 USD
CY2021Q1 ivr Proceedsfrom Maturities Prepaymentsand Callsof Marketable Securities
ProceedsfromMaturitiesPrepaymentsandCallsofMarketableSecurities
200590000 USD
CY2022Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
8754469000 USD
CY2021Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
5545566000 USD
CY2022Q1 ivr Proceeds From Payments For Settlement Or Termination Of Forwards Swaps Futures And Tb As Net
ProceedsFromPaymentsForSettlementOrTerminationOfForwardsSwapsFuturesAndTBAsNet
283429000 USD
CY2021Q1 ivr Proceeds From Payments For Settlement Or Termination Of Forwards Swaps Futures And Tb As Net
ProceedsFromPaymentsForSettlementOrTerminationOfForwardsSwapsFuturesAndTBAsNet
282250000 USD
CY2022Q1 ivr Net Change In Due From Counterparties And Collateral Held Payable Investing Activities
NetChangeInDueFromCounterpartiesAndCollateralHeldPayableInvestingActivities
-38829000 USD
CY2021Q1 ivr Net Change In Due From Counterparties And Collateral Held Payable Investing Activities
NetChangeInDueFromCounterpartiesAndCollateralHeldPayableInvestingActivities
-3438000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1069825000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-986251000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
161413000 USD
CY2022Q1 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
23329788000 USD
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2021Q1 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
28514983000 USD
CY2022Q1 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
24480202000 USD
CY2021Q1 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
27502795000 USD
CY2022Q1 ivr Net Change In Due From Counterparties And Collateral Held Payable On Repurchase Agreements Financing Activities
NetChangeInDueFromCounterpartiesAndCollateralHeldPayableOnRepurchaseAgreementsFinancingActivities
979000 USD
CY2021Q1 ivr Net Change In Due From Counterparties And Collateral Held Payable On Repurchase Agreements Financing Activities
NetChangeInDueFromCounterpartiesAndCollateralHeldPayableOnRepurchaseAgreementsFinancingActivities
7953000 USD
CY2022Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4000 USD
CY2021Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
86000 USD
CY2022Q1 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
38083000 USD
CY2021Q1 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
27365000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1189480000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1138197000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-79519000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
186451000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
577052000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
392584000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
497533000 USD
CY2022Q1 ivr Minimum Distribution Percentage Of Taxable Income To Qualify For Real Estate Investment Trust
MinimumDistributionPercentageOfTaxableIncomeToQualifyForRealEstateInvestmentTrust
0.90
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
579035000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
2771000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
3985000 USD
CY2022Q1 ivr Net Change In Unrealized Gain Loss On Mortgage Backed And Creditrisk Transfer Securities
NetChangeInUnrealizedGainLossOnMortgageBackedAndCreditriskTransferSecurities
-2421000 USD
CY2021Q1 ivr Net Change In Unrealized Gain Loss On Mortgage Backed And Creditrisk Transfer Securities
NetChangeInUnrealizedGainLossOnMortgageBackedAndCreditriskTransferSecurities
981000 USD
CY2022Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
29693000 USD
CY2021Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
24888000 USD
CY2022Q1 ivr Net Change In Investment Related Receivable Payable Excluding Agency Cmbs Purchase Commitments
NetChangeInInvestmentRelatedReceivablePayableExcludingAgencyCMBSPurchaseCommitments
15000 USD
CY2021Q1 ivr Net Change In Investment Related Receivable Payable Excluding Agency Cmbs Purchase Commitments
NetChangeInInvestmentRelatedReceivablePayableExcludingAgencyCMBSPurchaseCommitments
-271000 USD
CY2022Q1 ivr Offering Costs Not Paid
OfferingCostsNotPaid
562000 USD
CY2021Q1 ivr Offering Costs Not Paid
OfferingCostsNotPaid
334000 USD
CY2022Q1 ivr Change In Foreign Currently Translation Adjustment On Other Investments
ChangeInForeignCurrentlyTranslationAdjustmentOnOtherInvestments
200000 USD
CY2021Q1 ivr Change In Foreign Currently Translation Adjustment On Other Investments
ChangeInForeignCurrentlyTranslationAdjustmentOnOtherInvestments
-609000 USD
CY2022Q1 ivr Marketable Securities Principal Amount
MarketableSecuritiesPrincipalAmount
6989756000 USD
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in our condensed consolidated financial statements and accompanying notes. Examples of estimates include, but are not limited to, estimates of the fair values of financial instruments, interest income on mortgage-backed securities and allowances for credit losses. Actual results may differ from those estimates.
CY2022Q1 ivr Marketable Securities Unamortized Premium Discount
MarketableSecuritiesUnamortizedPremiumDiscount
-773903000 USD
CY2022Q1 ivr Marketable Securities Amortized Cost Basis
MarketableSecuritiesAmortizedCostBasis
6215853000 USD
CY2022Q1 ivr Marketable Securities Accumulated Gross Unrealized Gain Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
-223359000 USD
CY2022Q1 us-gaap Marketable Securities
MarketableSecurities
5992494000 USD
CY2022Q1 ivr Marketable Securities Weighted Average Yield Rate
MarketableSecuritiesWeightedAverageYieldRate
0.0264
CY2022Q1 ivr Available For Sale Securities Unamortized Premium Discount Non Accretable Portion
AvailableForSaleSecuritiesUnamortizedPremiumDiscountNonAccretablePortion
2100000 USD
CY2022Q1 ivr Percentageof Non Agency Residential Mortgage Backed Securities Interest Only Principal Balance
PercentageofNonAgencyResidentialMortgageBackedSecuritiesInterestOnlyPrincipalBalance
0.975
CY2022Q1 ivr Percentageof Non Agency Residential Mortgage Backed Securities Interest Only Amortized Cost
PercentageofNonAgencyResidentialMortgageBackedSecuritiesInterestOnlyAmortizedCost
0.441
CY2022Q1 ivr Percentageof Non Agency Residential Mortgage Backed Securities Interest Only Fair Value
PercentageofNonAgencyResidentialMortgageBackedSecuritiesInterestOnlyFairValue
0.183
CY2021Q4 ivr Marketable Securities Principal Amount
MarketableSecuritiesPrincipalAmount
8203415000 USD
CY2021Q4 ivr Marketable Securities Unamortized Premium Discount
MarketableSecuritiesUnamortizedPremiumDiscount
-343684000 USD
CY2021Q4 ivr Marketable Securities Amortized Cost Basis
MarketableSecuritiesAmortizedCostBasis
7859731000 USD
CY2021Q4 ivr Marketable Securities Accumulated Gross Unrealized Gain Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
-55472000 USD
CY2021Q4 us-gaap Marketable Securities
MarketableSecurities
7804259000 USD
CY2021Q4 ivr Marketable Securities Weighted Average Yield Rate
MarketableSecuritiesWeightedAverageYieldRate
0.0214
CY2021 ivr Percentageof Non Agency Residential Mortgage Backed Securities Interest Only Principal Balance
PercentageofNonAgencyResidentialMortgageBackedSecuritiesInterestOnlyPrincipalBalance
0.977
CY2021 ivr Percentageof Non Agency Residential Mortgage Backed Securities Interest Only Amortized Cost
PercentageofNonAgencyResidentialMortgageBackedSecuritiesInterestOnlyAmortizedCost
0.448
CY2022Q1 ivr Fair Value Option Percentageof Mortgage Backed Securitiesand Gse Credit Risk Transfer Securities Fair Value
FairValueOptionPercentageofMortgageBackedSecuritiesandGSECreditRiskTransferSecuritiesFairValue
0.99
CY2021Q4 ivr Fair Value Option Percentageof Mortgage Backed Securitiesand Gse Credit Risk Transfer Securities Fair Value
FairValueOptionPercentageofMortgageBackedSecuritiesandGSECreditRiskTransferSecuritiesFairValue
0.99
CY2022Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
68164000 USD
CY2022Q1 us-gaap Trading Securities
TradingSecurities
5924330000 USD
CY2022Q1 us-gaap Marketable Securities
MarketableSecurities
5992494000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
70197000 USD
CY2021Q4 us-gaap Trading Securities
TradingSecurities
7734062000 USD
CY2021Q4 us-gaap Marketable Securities
MarketableSecurities
7804259000 USD
CY2022Q1 ivr Marketable Securities Principal Amount
MarketableSecuritiesPrincipalAmount
6989756000 USD
CY2022Q1 ivr Marketable Securities Unamortized Premium
MarketableSecuritiesUnamortizedPremium
75067000 USD
CY2022Q1 ivr Marketable Securities Unamortized Discount
MarketableSecuritiesUnamortizedDiscount
848970000 USD
CY2022Q1 ivr Marketable Securities Accumulated Gross Unrealized Gain Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
7882000 USD
CY2022Q1 ivr Marketable Securities Accumulated Gross Unrealized Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
231241000 USD
CY2022Q1 us-gaap Marketable Securities
MarketableSecurities
5992494000 USD
CY2021Q4 ivr Marketable Securities Principal Amount
MarketableSecuritiesPrincipalAmount
8203415000 USD
CY2021Q4 ivr Marketable Securities Unamortized Premium
MarketableSecuritiesUnamortizedPremium
250771000 USD
CY2021Q4 ivr Marketable Securities Unamortized Discount
MarketableSecuritiesUnamortizedDiscount
594455000 USD
CY2021Q4 ivr Marketable Securities Accumulated Gross Unrealized Gain Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
8863000 USD
CY2021Q4 ivr Marketable Securities Accumulated Gross Unrealized Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
64335000 USD
CY2021Q4 us-gaap Marketable Securities
MarketableSecurities
7804259000 USD
CY2022Q1 ivr Marketable Securities Debt Maturities Next Twelve Months Fair Value
MarketableSecuritiesDebtMaturitiesNextTwelveMonthsFairValue
22792000 USD
CY2021Q4 ivr Marketable Securities Debt Maturities Next Twelve Months Fair Value
MarketableSecuritiesDebtMaturitiesNextTwelveMonthsFairValue
23150000 USD
CY2022Q1 ivr Marketable Securities Debt Maturities Year Two Through Five Fair Value
MarketableSecuritiesDebtMaturitiesYearTwoThroughFiveFairValue
38627000 USD
CY2021Q4 ivr Marketable Securities Debt Maturities Year Two Through Five Fair Value
MarketableSecuritiesDebtMaturitiesYearTwoThroughFiveFairValue
891510000 USD
CY2022Q1 ivr Marketable Securities Debt Maturities Greater Than Or Equal To Five Years Fair Value
MarketableSecuritiesDebtMaturitiesGreaterThanOrEqualToFiveYearsFairValue
5931075000 USD
CY2021Q4 ivr Marketable Securities Debt Maturities Greater Than Or Equal To Five Years Fair Value
MarketableSecuritiesDebtMaturitiesGreaterThanOrEqualToFiveYearsFairValue
6889599000 USD
CY2022Q1 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
5992494000 USD
CY2021Q4 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
7804259000 USD
CY2022Q1 ivr Marketable Securities Continuous Unrealized Loss Position Lessthan Twelve Months Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionLessthanTwelveMonthsFairValue
5889267000 USD
CY2022Q1 ivr Marketable Securities Continuous Unrealized Loss Position Lessthan12 Months Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPositionLessthan12MonthsAccumulatedLoss
229104000 USD
CY2022Q1 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions Lessthan One Year
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositionsLessthanOneYear
42 security
CY2022Q1 ivr Marketable Securities Continuous Unrealized Loss Position Twelve Monthsor Longer Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionTwelveMonthsorLongerFairValue
1427000 USD
CY2022Q1 ivr Marketable Securities Continuous Unrealized Loss Position12 Monthsor Longer Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPosition12MonthsorLongerAccumulatedLoss
2137000 USD
CY2022Q1 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions Greaterthanor Equalto One Year
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositionsGreaterthanorEqualtoOneYear
13 security
CY2022Q1 ivr Marketable Securities Continuous Unrealized Loss Position Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionFairValue
5890694000 USD
CY2022Q1 ivr Marketable Securities Continuous Unrealized Loss Position Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
231241000 USD
CY2022Q1 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositions
55 security
CY2021Q4 ivr Marketable Securities Continuous Unrealized Loss Position Lessthan Twelve Months Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionLessthanTwelveMonthsFairValue
6861576000 USD
CY2021Q4 ivr Marketable Securities Continuous Unrealized Loss Position Lessthan12 Months Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPositionLessthan12MonthsAccumulatedLoss
63262000 USD
CY2021Q4 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions Lessthan One Year
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositionsLessthanOneYear
64 security
CY2021Q4 ivr Marketable Securities Continuous Unrealized Loss Position Twelve Monthsor Longer Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionTwelveMonthsorLongerFairValue
1042000 USD
CY2021Q4 ivr Marketable Securities Continuous Unrealized Loss Position12 Monthsor Longer Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPosition12MonthsorLongerAccumulatedLoss
1073000 USD
CY2021Q4 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions Greaterthanor Equalto One Year
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositionsGreaterthanorEqualtoOneYear
9 security
CY2021Q4 ivr Marketable Securities Continuous Unrealized Loss Position Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionFairValue
6862618000 USD
CY2021Q4 ivr Marketable Securities Continuous Unrealized Loss Position Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
64335000 USD
CY2021Q4 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositions
73 security
CY2022Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
-938000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
1768000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
-938000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
830000 USD
CY2022Q1 ivr Marketable Securities Realized Gain Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainExcludingOtherThanTemporaryImpairments
0 USD
CY2021Q1 ivr Marketable Securities Realized Gain Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainExcludingOtherThanTemporaryImpairments
201000 USD
CY2022Q1 ivr Marketable Securities Realized Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedLossExcludingOtherThanTemporaryImpairments
318970000 USD
CY2021Q1 ivr Marketable Securities Realized Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedLossExcludingOtherThanTemporaryImpairments
117048000 USD
CY2022Q1 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-165467000 USD
CY2021Q1 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-211912000 USD
CY2022Q1 ivr Loans Unrealized Gains Losses
LoansUnrealizedGainsLosses
-124000 USD
CY2021Q1 ivr Loans Unrealized Gains Losses
LoansUnrealizedGainsLosses
-3098000 USD
CY2022Q1 ivr Realized Gain Loss On Loan Participation Interest
RealizedGainLossOnLoanParticipationInterest
-19827000 USD
CY2021Q1 ivr Realized Gain Loss On Loan Participation Interest
RealizedGainLossOnLoanParticipationInterest
0 USD
CY2022Q1 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-504388000 USD
CY2021Q1 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-331857000 USD
CY2022Q1 ivr Marketable Securities Coupon Interest
MarketableSecuritiesCouponInterest
48229000 USD
CY2022Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-6592000 USD
CY2022Q1 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
41637000 USD
CY2021Q1 ivr Marketable Securities Coupon Interest
MarketableSecuritiesCouponInterest
51490000 USD
CY2021Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-12056000 USD
CY2021Q1 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
39434000 USD
CY2022Q1 ivr Debt Securities Trading Principal Balance
DebtSecuritiesTradingPrincipalBalance
500000000 USD
CY2022Q1 ivr Trading Securities Unamortized Premium
TradingSecuritiesUnamortizedPremium
2272000 USD
CY2022Q1 us-gaap Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
502272000 USD
CY2022Q1 us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
-19827000 USD
CY2022Q1 us-gaap Trading Securities Debt
TradingSecuritiesDebt
482445000 USD
CY2022Q1 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
23391000 USD
CY2021Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
23515000 USD
CY2022Q1 us-gaap Equity Method Investments
EquityMethodInvestments
4854000 USD
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
12476000 USD
CY2022Q1 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
1220000 USD
CY2021Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
1518000 USD
CY2022Q1 us-gaap Other Assets
OtherAssets
29465000 USD
CY2021Q4 us-gaap Other Assets
OtherAssets
37509000 USD
CY2021Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
23900000 USD
CY2022Q1 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
23900000 USD
CY2022Q1 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
6094728000 USD
CY2021Q4 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
7329702000 USD
CY2022Q1 ivr Total Collateral Pledgedat Fair Value
TotalCollateralPledgedatFairValue
6383824000 USD
CY2021Q4 ivr Total Collateral Pledgedat Fair Value
TotalCollateralPledgedatFairValue
7554078000 USD
CY2022Q1 ivr Derivative Asset Fair Value Of Collateral Cash
DerivativeAssetFairValueOfCollateralCash
280000 USD
CY2021Q4 ivr Derivative Asset Fair Value Of Collateral Cash
DerivativeAssetFairValueOfCollateralCash
280000 USD
CY2022Q1 ivr Derivative Asset Fair Valueof Collateral Securities
DerivativeAssetFairValueofCollateralSecurities
0 USD
CY2021Q4 ivr Derivative Asset Fair Valueof Collateral Securities
DerivativeAssetFairValueofCollateralSecurities
248000 USD
CY2022Q1 us-gaap Derivative Asset Fair Value Of Collateral
DerivativeAssetFairValueOfCollateral
280000 USD
CY2021Q4 us-gaap Derivative Asset Fair Value Of Collateral
DerivativeAssetFairValueOfCollateral
528000 USD
CY2022Q1 ivr Collateral Ratio
CollateralRatio
1.04
CY2021 ivr Collateral Ratio
CollateralRatio
1.05
CY2021Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
9663596000 USD
CY2022Q1 ivr Notional Amount Of Derivatives Additions
NotionalAmountOfDerivativesAdditions
4964187000 USD
CY2022Q1 ivr Settlement Termination Expirationor Exercise Of Interest Rate Swap Agreement
SettlementTerminationExpirationorExerciseOfInterestRateSwapAgreement
4020391000 USD
CY2022Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2022Q1 ivr Derivative Asset Excluding Portion Related To Centrally Cleared Interest Rate Swaps
DerivativeAssetExcludingPortionRelatedToCentrallyClearedInterestRateSwaps
17674000 USD
CY2022Q1 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
10607392000 USD
CY2022Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
19000000 USD
CY2022Q1 us-gaap Derivative Assets
DerivativeAssets
17674000 USD
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
270000 USD
CY2022Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
77613000 USD
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
14356000 USD
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
17674000 USD
CY2022Q1 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
17674000 USD
CY2022Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
0 USD
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
17674000 USD
CY2022Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2022Q1 ivr Derivative Asset Excluding Portion Related To Centrally Cleared Interest Rate Swaps
DerivativeAssetExcludingPortionRelatedToCentrallyClearedInterestRateSwaps
17674000 USD
CY2022Q1 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
17674000 USD
CY2022Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
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