2023 Q1 Form 10-K Financial Statement

#000143707123000006 Filed on February 21, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $69.29M $62.91M $194.5M
YoY Change 64.29% 29.83% 14.96%
Cost Of Revenue $57.20M $40.23M $88.17M
YoY Change 583.71% 420.48% 177.36%
Gross Profit $16.58M $22.68M $126.0M
YoY Change -57.49% -44.32% -20.93%
Gross Profit Margin 23.93% 36.05% 64.8%
Selling, General & Admin $2.089M $1.857M $8.418M
YoY Change 3.21% -0.91% 3.25%
% of Gross Profit 12.6% 8.19% 6.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $5.068M $1.857M $25.32M
YoY Change -30.56% -0.91% -13.37%
Operating Profit $11.51M $20.82M $100.7M
YoY Change -63.69% -46.41% -22.63%
Interest Expense $49.73M $15.64M $51.56M
YoY Change -2463.4% -115.11% -556.69%
% of Operating Profit 431.87% 75.12% 51.19%
Other Income/Expense, Net $0.00 $0.00
YoY Change -100.0%
Pretax Income $21.46M $36.46M -$402.9M
YoY Change -109.4% -156.4% 347.69%
Income Tax
% Of Pretax Income
Net Earnings $21.46M $30.60M -$402.9M
YoY Change -109.4% -147.33% 347.69%
Net Earnings / Revenue 30.98% 48.64% -207.15%
Basic Earnings Per Share $0.39 -$12.21
Diluted Earnings Per Share $0.39 $0.84 -$12.21
COMMON SHARES
Basic Shares Outstanding 38.71M shares 35.35M shares 34.16M shares
Diluted Shares Outstanding 39.61M shares 34.16M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.549B $4.967B $175.5M
YoY Change -11.13% -39.14% -50.85%
Cash & Equivalents $101.8M $175.5M $175.5M
Short-Term Investments $5.447B $4.792B
Other Short-Term Assets $1.215M $1.179M $1.179M
YoY Change -0.41% -22.33% -22.33%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $129.3M $201.0M $201.0M
YoY Change -59.09% -47.56% -47.56%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $504.0K $552.0K $4.792B
YoY Change -89.62% -95.58% -38.69%
Other Assets $127.0M $103.2M $103.2M
YoY Change -48.32% -53.05% -53.05%
Total Long-Term Assets $5.578B $4.896B $4.896B
YoY Change -17.57% -39.25% -39.25%
TOTAL ASSETS
Total Short-Term Assets $129.3M $201.0M $201.0M
Total Long-Term Assets $5.578B $4.896B $4.896B
Total Assets $5.707B $5.097B $5.097B
YoY Change -19.42% -39.63% -39.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.656M $5.818M $5.818M
YoY Change -12.16% -10.34% -10.34%
Accrued Expenses $22.38M $20.55M $20.55M
YoY Change 1858.09% 1654.57% 1654.57%
Deferred Revenue
YoY Change
Short-Term Debt $4.815B $4.235B $4.235B
YoY Change -17.52% -39.4% -39.4%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.861B $4.291B $4.291B
YoY Change -17.26% -38.88% -38.88%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $12.29M $2.079M $2.079M
YoY Change -84.16% -85.52% -85.52%
Total Long-Term Liabilities $12.29M $2.079M $2.079M
YoY Change -84.16% -85.52% -85.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.861B $4.291B $4.291B
Total Long-Term Liabilities $12.29M $2.079M $2.079M
Total Liabilities $4.873B $4.293B $4.293B
YoY Change -18.16% -39.03% -39.03%
SHAREHOLDERS EQUITY
Retained Earnings -$3.408B -$3.407B
YoY Change 8.23% 18.19%
Common Stock $3.938B $3.902B
YoY Change 3.09% 2.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $834.1M $804.1M $804.1M
YoY Change
Total Liabilities & Shareholders Equity $5.707B $5.097B $5.097B
YoY Change -19.42% -39.63% -39.63%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $21.46M $30.60M -$402.9M
YoY Change -109.4% -147.33% 347.69%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $67.16M $69.30M $196.1M
YoY Change 67.34% 65.64% 28.75%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$696.9M -$421.6M $0.00
YoY Change -165.14% -145.91%
Cash From Investing Activities -$696.9M -$421.6M $2.424B
YoY Change -165.14% -145.91% 1907.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $81.90M
YoY Change -80.98%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $579.8M 366.8M -$2.918B
YoY Change -148.75% -142.18% 3194.98%
NET CHANGE
Cash From Operating Activities $67.16M 69.30M $196.1M
Cash From Investing Activities -$696.9M -421.6M $2.424B
Cash From Financing Activities $579.8M 366.8M -$2.918B
Net Change In Cash -$49.91M 14.42M -$298.3M
YoY Change -37.24% -84.12% -261.69%
FREE CASH FLOW
Cash From Operating Activities $67.16M $69.30M $196.1M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2022 ivr Other Comprehensive Income Loss Reclassification Of Unrealized Loss On Available For Sale Securities To Increase Decrease In Provision For Credit Losses Net Of Tax
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CY2021 ivr Other Comprehensive Income Loss Reclassification Of Unrealized Loss On Available For Sale Securities To Increase Decrease In Provision For Credit Losses Net Of Tax
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CY2020 ivr Other Comprehensive Income Loss Reclassification Of Unrealized Loss On Available For Sale Securities To Increase Decrease In Provision For Credit Losses Net Of Tax
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CY2022 ivr Other Comprehensive Income Loss Reclassification Adjustmentfrom Aoc Ion Deferred Swap Gain Loss From Dedesignation Netof Tax
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CY2021 ivr Other Comprehensive Income Loss Reclassification Adjustmentfrom Aoc Ion Deferred Swap Gain Loss From Dedesignation Netof Tax
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CY2020 ivr Other Comprehensive Income Loss Reclassification Adjustmentfrom Aoc Ion Deferred Swap Gain Loss From Dedesignation Netof Tax
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CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2022 us-gaap Comprehensive Income Net Of Tax
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CY2021 us-gaap Comprehensive Income Net Of Tax
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CY2020 us-gaap Comprehensive Income Net Of Tax
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CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
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CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
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CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
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CY2022 us-gaap Preferred Stock Redemption Discount
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CY2021 us-gaap Preferred Stock Redemption Discount
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CY2020 us-gaap Preferred Stock Redemption Discount
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CY2022 us-gaap Preferred Stock Redemption Premium
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CY2021 us-gaap Preferred Stock Redemption Premium
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CY2020 us-gaap Preferred Stock Redemption Premium
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CY2022 ivr Comprehensive Income Loss Net Of Tax Attributable To Common Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders
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CY2021 ivr Comprehensive Income Loss Net Of Tax Attributable To Common Stockholders
ComprehensiveIncomeLossNetOfTaxAttributableToCommonStockholders
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CY2020 ivr Comprehensive Income Loss Net Of Tax Attributable To Common Stockholders
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CY2019Q4 us-gaap Stockholders Equity
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CY2020 us-gaap Net Income Loss
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CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2020 us-gaap Stock Issued During Period Value New Issues
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CY2020 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2020 us-gaap Dividends Common Stock Cash
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CY2020 us-gaap Dividends Preferred Stock Cash
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CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2020Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Net Income Loss
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2021 us-gaap Stock Repurchased During Period Value
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CY2021 us-gaap Dividends Preferred Stock Cash
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CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2021Q4 us-gaap Stockholders Equity
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CY2022 us-gaap Stock Issued During Period Value New Issues
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CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2022 us-gaap Adjustments To Additional Paid In Capital Stock Split
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CY2022 us-gaap Dividends Common Stock Cash
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CY2022 us-gaap Dividends Preferred Stock Cash
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CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2022Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Profit Loss
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CY2020 us-gaap Profit Loss
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CY2022 ivr Amortization Of Mortgage Backed And Credit Risk Transfer Securities Premiums Discounts Net
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RealizedAndUnrealizedGainLossOnDerivativeInstrumentsNet
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CY2021 ivr Realized And Unrealized Gain Loss On Derivative Instruments Net
RealizedAndUnrealizedGainLossOnDerivativeInstrumentsNet
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CY2020 ivr Realized And Unrealized Gain Loss On Derivative Instruments Net
RealizedAndUnrealizedGainLossOnDerivativeInstrumentsNet
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CY2022 ivr Realized And Unrealized Gain Loss On Credit Derivatives Net
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CY2021 ivr Realized And Unrealized Gain Loss On Credit Derivatives Net
RealizedAndUnrealizedGainLossOnCreditDerivativesNet
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CY2020 ivr Realized And Unrealized Gain Loss On Credit Derivatives Net
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GainLossOnInvestments
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CY2022 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
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CY2021 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
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CY2020 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
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CY2022 ivr Income Loss From Investments In Unconsolidated Ventures In Excess Of Distributions Received
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CY2021 ivr Income Loss From Investments In Unconsolidated Ventures In Excess Of Distributions Received
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CY2020 ivr Income Loss From Investments In Unconsolidated Ventures In Excess Of Distributions Received
IncomeLossFromInvestmentsInUnconsolidatedVenturesInExcessOfDistributionsReceived
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CY2022 ivr Other Amortization
OtherAmortization
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CY2021 ivr Other Amortization
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CY2020 ivr Other Amortization
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CY2022 us-gaap Gains Losses On Extinguishment Of Debt
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CY2021 us-gaap Gains Losses On Extinguishment Of Debt
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CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2022 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
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CY2021 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
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CY2020 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
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CY2022 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
17201000 usd
CY2021 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
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CY2020 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2020 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2022 us-gaap Payments To Acquire Trading Securities Heldforinvestment
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CY2021 us-gaap Payments To Acquire Trading Securities Heldforinvestment
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CY2020 us-gaap Payments To Acquire Trading Securities Heldforinvestment
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CY2022 ivr Contributions Distributions In Equity Method Investee
ContributionsDistributionsInEquityMethodInvestee
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CY2021 ivr Contributions Distributions In Equity Method Investee
ContributionsDistributionsInEquityMethodInvestee
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CY2020 ivr Contributions Distributions In Equity Method Investee
ContributionsDistributionsInEquityMethodInvestee
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CY2022 us-gaap Payments For Proceeds From Other Investing Activities
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CY2021 us-gaap Payments For Proceeds From Other Investing Activities
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PaymentsForProceedsFromOtherInvestingActivities
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CY2022 ivr Proceedsfrom Maturities Prepaymentsand Callsof Marketable Securities
ProceedsfromMaturitiesPrepaymentsandCallsofMarketableSecurities
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CY2021 ivr Proceedsfrom Maturities Prepaymentsand Callsof Marketable Securities
ProceedsfromMaturitiesPrepaymentsandCallsofMarketableSecurities
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CY2020 ivr Proceedsfrom Maturities Prepaymentsand Callsof Marketable Securities
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CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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CY2020 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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CY2022 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2022 ivr Payment On Sale Of Credit Derivatives
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CY2021 ivr Payment On Sale Of Credit Derivatives
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CY2020 ivr Payment On Sale Of Credit Derivatives
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CY2022 ivr Payments For Proceeds From Terminationof Futures Forwards Swaps Swaptions And Tb As
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CY2021 ivr Payments For Proceeds From Terminationof Futures Forwards Swaps Swaptions And Tb As
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CY2020 ivr Payments For Proceeds From Terminationof Futures Forwards Swaps Swaptions And Tb As
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CY2022 us-gaap Increase Decrease In Loans To Federal Home Loan Banks
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CY2021 us-gaap Increase Decrease In Loans To Federal Home Loan Banks
IncreaseDecreaseInLoansToFederalHomeLoanBanks
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CY2020 us-gaap Increase Decrease In Loans To Federal Home Loan Banks
IncreaseDecreaseInLoansToFederalHomeLoanBanks
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CY2022 ivr Net Change In Due From Counterparties And Collateral Held Payable Investing Activities
NetChangeInDueFromCounterpartiesAndCollateralHeldPayableInvestingActivities
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CY2021 ivr Net Change In Due From Counterparties And Collateral Held Payable Investing Activities
NetChangeInDueFromCounterpartiesAndCollateralHeldPayableInvestingActivities
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CY2020 ivr Net Change In Due From Counterparties And Collateral Held Payable Investing Activities
NetChangeInDueFromCounterpartiesAndCollateralHeldPayableInvestingActivities
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CY2022 ivr Proceedsfrom Principal Repaymentson Commercial Loans
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CY2021 ivr Proceedsfrom Principal Repaymentson Commercial Loans
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CY2020 ivr Proceedsfrom Principal Repaymentson Commercial Loans
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Proceeds From Issuance Of Common Stock
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CY2020 us-gaap Proceeds From Issuance Of Common Stock
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CY2022 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
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CY2022 ivr Payment Made In Connection Of Reverse Stock Split
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CY2020 ivr Payment Made In Connection Of Reverse Stock Split
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CY2020 us-gaap Repayments Of Secured Debt
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CY2022 ivr Net Change In Due From Counterparties And Collateral Held Payable On Repurchase Agreements Financing Activities
NetChangeInDueFromCounterpartiesAndCollateralHeldPayableOnRepurchaseAgreementsFinancingActivities
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CY2021 ivr Net Change In Due From Counterparties And Collateral Held Payable On Repurchase Agreements Financing Activities
NetChangeInDueFromCounterpartiesAndCollateralHeldPayableOnRepurchaseAgreementsFinancingActivities
4743000 usd
CY2020 ivr Net Change In Due From Counterparties And Collateral Held Payable On Repurchase Agreements Financing Activities
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CY2022 us-gaap Payments Of Financing Costs
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CY2020 us-gaap Payments Of Financing Costs
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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184468000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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103082000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
392584000 usd
CY2022 us-gaap Interest Paid Net
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CY2021 us-gaap Interest Paid Net
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CY2022 ivr Dividend Paid In Common Stock Noncash
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CY2020 us-gaap Interest Paid Net
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CY2022 ivr Net Change In Unrealized Gain Loss On Mortgage Backed And Credit Risk Transfer Securities
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CY2021 ivr Net Change In Unrealized Gain Loss On Mortgage Backed And Credit Risk Transfer Securities
NetChangeInUnrealizedGainLossOnMortgageBackedAndCreditRiskTransferSecurities
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CY2020 ivr Net Change In Unrealized Gain Loss On Mortgage Backed And Credit Risk Transfer Securities
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CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
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CY2021Q4 us-gaap Dividends Payable Current And Noncurrent
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CY2020Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
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CY2022 ivr Increase Decrease In Agency Cmbs Purchase Commitments
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CY2021 ivr Increase Decrease In Agency Cmbs Purchase Commitments
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CY2020 ivr Increase Decrease In Agency Cmbs Purchase Commitments
IncreaseDecreaseInAgencyCMBSPurchaseCommitments
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CY2022 ivr Net Change In Investment Related Receivable Payable Excluding Agency Cmbs Purchase Commitments
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CY2021 ivr Net Change In Investment Related Receivable Payable Excluding Agency Cmbs Purchase Commitments
NetChangeInInvestmentRelatedReceivablePayableExcludingAgencyCMBSPurchaseCommitments
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CY2020 ivr Net Change In Investment Related Receivable Payable Excluding Agency Cmbs Purchase Commitments
NetChangeInInvestmentRelatedReceivablePayableExcludingAgencyCMBSPurchaseCommitments
266000 usd
CY2022 ivr Change In Foreign Currently Translation Adjustment On Other Investments
ChangeInForeignCurrentlyTranslationAdjustmentOnOtherInvestments
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CY2021 ivr Change In Foreign Currently Translation Adjustment On Other Investments
ChangeInForeignCurrentlyTranslationAdjustmentOnOtherInvestments
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CY2020 ivr Change In Foreign Currently Translation Adjustment On Other Investments
ChangeInForeignCurrentlyTranslationAdjustmentOnOtherInvestments
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CY2021 ivr Dividend Paid In Common Stock Noncash
DividendPaidInCommonStockNoncash
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CY2020 ivr Dividend Paid In Common Stock Noncash
DividendPaidInCommonStockNoncash
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CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022 ivr Minimum Distribution Percentage Of Taxable Income To Qualify For Real Estate Investment Trust
MinimumDistributionPercentageOfTaxableIncomeToQualifyForRealEstateInvestmentTrust
0.90
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:14pt"><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="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in our 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 and credit risk transfer securities and allowances for credit losses. Actual results may differ from those estimates.</span></div>
CY2022Q4 ivr Fair Value Option Percentage Of Mortgage Backed Securities And Gse Credit Risk Transfer Securities Fair Value
FairValueOptionPercentageOfMortgageBackedSecuritiesAndGSECreditRiskTransferSecuritiesFairValue
0.99
CY2021Q4 ivr Fair Value Option Percentage Of Mortgage Backed Securities And Gse Credit Risk Transfer Securities Fair Value
FairValueOptionPercentageOfMortgageBackedSecuritiesAndGSECreditRiskTransferSecuritiesFairValue
0.99
CY2022 us-gaap Revenue Recognition Interest
RevenueRecognitionInterest
<div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Interest Income Recognition</span></div><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Mortgage-Backed Securities</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest income on MBS is accrued based on the outstanding principal or notional balance of the securities and their contractual terms. Premiums or discounts are amortized or accreted into interest income over the life of the investment using the effective interest method. </span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Interest income on our MBS where we may not recover substantially all of our initial investment is based on estimated future cash flows. We estimate future expected cash flows at the time of purchase and determine the effective interest rate based on these estimated cash flows and our purchase price. Over the life of the investments, we update these estimated future cash flows and compute a revised yield based on the current amortized cost of the investment, unless those changes are reflected in an allowance for credit losses. In situations where an allowance for credit losses is limited by the fair value of the investment, we compute the yield as the rate that equates expected future cash flows to the current fair value of the investment. In estimating these future cash flows, there are a number of assumptions that are subject to uncertainties and contingencies, including but not limited to the rate and timing of principal payments (prepayments, repurchases, defaults and liquidations), the pass through or coupon rate, and interest rate fluctuations. These uncertainties and contingencies are difficult to predict and are subject to future events that may impact our estimate and our interest income. Changes in our original or most recent cash flow projections may result in a prospective change in interest income recognized on these securities, or the amortized cost of these securities, including write-offs of amortized cost when certain amounts are deemed uncollectible. For non-Agency RMBS not of high credit quality, when actual cash flows vary from expected cash flows, the difference is recorded as an adjustment to the amortized cost of the security, unless those changes are reflected in an allowance for credit losses, and the security's yield is revised prospectively.</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For Agency RMBS and Agency CMBS that cannot be prepaid in such a way that we would not recover substantially all of our initial investment, interest income recognition is based on contractual cash flows. We do not estimate prepayments in applying the effective interest method. </span></div><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Credit Risk Transfer Securities</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest income on GSE CRTs purchased before August 24, 2015 was accrued based on the coupon rate of the debt host contract which reflected the credit risk of GSE unsecured senior debt with a similar maturity. Premiums or discounts associated with the purchase of GSE CRTs were amortized or accreted into interest income over the life of the debt host contract using the effective interest method. The difference between the coupon rate on the hybrid instrument and the coupon rate on the debt host contract was considered premium income associated with the embedded derivative and was recorded in realized and unrealized credit derivative income (loss), net in our consolidated statements of operations. Interest income on GSE CRTs purchased on or after August 24, 2015 was based on estimated future cash flows.</span></div><div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Commercial and Other Loans</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We recognize interest income from commercial and other loans when earned and deemed collectible, or until a loan becomes past due based on the terms of the loan agreement. Any related origination fees or costs on commercial and other loans for which we have elected the fair value option are recognized immediately in earnings. Interest received after a loan becomes past due or impaired is used to reduce the outstanding loan principal balance. When a delinquent loan previously placed on nonaccrual status has cured, meaning all delinquent principal and interest have been remitted by the borrower, the loan is placed back on accrual status. Alternately, loans that have been individually impaired may be placed back on accrual status if restructured and after the loan is considered re-performing. A restructured loan is considered re-performing when the loan has been current for at least 12 months.</span></div>
CY2022Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2021 ivr Percentageof Non Agency Residential Mortgage Backed Securities Interest Only Principal Balance
PercentageofNonAgencyResidentialMortgageBackedSecuritiesInterestOnlyPrincipalBalance
0.977
CY2022Q4 ivr Marketable Securities Principal Amount
MarketableSecuritiesPrincipalAmount
5687505000 usd
CY2022Q4 ivr Marketable Securities Unamortized Premium Discount
MarketableSecuritiesUnamortizedPremiumDiscount
-952225000 usd
CY2022Q4 ivr Marketable Securities Amortized Cost Basis
MarketableSecuritiesAmortizedCostBasis
4735280000 usd
CY2022Q4 ivr Marketable Securities Accumulated Gross Unrealized Gain Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
56613000 usd
CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
4791893000 usd
CY2022Q4 ivr Marketable Securities Weighted Average Yield Rate
MarketableSecuritiesWeightedAverageYieldRate
0.0535
CY2022Q4 ivr Available For Sale Securities Unamortized Premium Discount Non Accretable Portion
AvailableForSaleSecuritiesUnamortizedPremiumDiscountNonAccretablePortion
2100000 usd
CY2022 ivr Percentageof Non Agency Residential Mortgage Backed Securities Interest Only Principal Balance
PercentageofNonAgencyResidentialMortgageBackedSecuritiesInterestOnlyPrincipalBalance
0.971
CY2022 ivr Percentageof Non Agency Residential Mortgage Backed Securities Interest Only Amortized Cost
PercentageofNonAgencyResidentialMortgageBackedSecuritiesInterestOnlyAmortizedCost
0.416
CY2022 ivr Percentageof Non Agency Residential Mortgage Backed Securities Interest Only Fair Value
PercentageofNonAgencyResidentialMortgageBackedSecuritiesInterestOnlyFairValue
0.353
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
CY2021Q4 ivr Available For Sale Securities Unamortized Premium Discount Non Accretable Portion
AvailableForSaleSecuritiesUnamortizedPremiumDiscountNonAccretablePortion
2100000 usd
CY2021 ivr Percentageof Non Agency Residential Mortgage Backed Securities Interest Only Amortized Cost
PercentageofNonAgencyResidentialMortgageBackedSecuritiesInterestOnlyAmortizedCost
0.448
CY2021 ivr Percentageof Non Agency Residential Mortgage Backed Securities Interest Only Fair Value
PercentageofNonAgencyResidentialMortgageBackedSecuritiesInterestOnlyFairValue
0.199
CY2022Q4 ivr Fair Value Option Percentage Of Mortgage Backed Securities And Gse Credit Risk Transfer Securities Fair Value
FairValueOptionPercentageOfMortgageBackedSecuritiesAndGSECreditRiskTransferSecuritiesFairValue
0.99
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
42454000 usd
CY2022Q4 us-gaap Trading Securities
TradingSecurities
4749439000 usd
CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
4791893000 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
CY2022Q4 ivr Marketable Securities Principal Amount
MarketableSecuritiesPrincipalAmount
5687505000 usd
CY2021Q4 ivr Marketable Securities Principal Amount
MarketableSecuritiesPrincipalAmount
8203415000 usd
CY2022Q4 ivr Marketable Securities Unamortized Premium
MarketableSecuritiesUnamortizedPremium
5195000 usd
CY2021Q4 ivr Marketable Securities Unamortized Premium
MarketableSecuritiesUnamortizedPremium
250771000 usd
CY2022Q4 ivr Marketable Securities Unamortized Discount
MarketableSecuritiesUnamortizedDiscount
957420000 usd
CY2021Q4 ivr Marketable Securities Unamortized Discount
MarketableSecuritiesUnamortizedDiscount
594455000 usd
CY2022Q4 ivr Marketable Securities Accumulated Gross Unrealized Gain Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
66850000 usd
CY2021Q4 ivr Marketable Securities Accumulated Gross Unrealized Gain Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
8863000 usd
CY2022Q4 ivr Marketable Securities Accumulated Gross Unrealized Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
10237000 usd
CY2021Q4 ivr Marketable Securities Accumulated Gross Unrealized Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
64335000 usd
CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
4791893000 usd
CY2021Q4 us-gaap Marketable Securities
MarketableSecurities
7804259000 usd
CY2022Q4 ivr Marketable Securities Debt Maturities Next Twelve Months Fair Value
MarketableSecuritiesDebtMaturitiesNextTwelveMonthsFairValue
26593000 usd
CY2021Q4 ivr Marketable Securities Debt Maturities Next Twelve Months Fair Value
MarketableSecuritiesDebtMaturitiesNextTwelveMonthsFairValue
23150000 usd
CY2022Q4 ivr Marketable Securities Debt Maturities Year Two Through Five Fair Value
MarketableSecuritiesDebtMaturitiesYearTwoThroughFiveFairValue
10194000 usd
CY2021Q4 ivr Marketable Securities Debt Maturities Year Two Through Five Fair Value
MarketableSecuritiesDebtMaturitiesYearTwoThroughFiveFairValue
891510000 usd
CY2022Q4 ivr Marketable Securities Debt Maturities Greater Than Or Equal To Five Years Fair Value
MarketableSecuritiesDebtMaturitiesGreaterThanOrEqualToFiveYearsFairValue
4755106000 usd
CY2021Q4 ivr Marketable Securities Debt Maturities Greater Than Or Equal To Five Years Fair Value
MarketableSecuritiesDebtMaturitiesGreaterThanOrEqualToFiveYearsFairValue
6889599000 usd
CY2022Q4 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
4791893000 usd
CY2021Q4 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
7804259000 usd
CY2022Q4 ivr Marketable Securities Continuous Unrealized Loss Position Lessthan Twelve Months Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionLessthanTwelveMonthsFairValue
981650000 usd
CY2022Q4 ivr Marketable Securities Continuous Unrealized Loss Position Lessthan12 Months Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPositionLessthan12MonthsAccumulatedLoss
9180000 usd
CY2022Q4 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions Lessthan One Year
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositionsLessthanOneYear
17 security
CY2022Q4 ivr Marketable Securities Continuous Unrealized Loss Position Twelve Monthsor Longer Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionTwelveMonthsorLongerFairValue
4345000 usd
CY2022Q4 ivr Marketable Securities Continuous Unrealized Loss Position12 Monthsor Longer Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPosition12MonthsorLongerAccumulatedLoss
1057000 usd
CY2022Q4 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions Greaterthanor Equalto One Year
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositionsGreaterthanorEqualtoOneYear
10 security
CY2022Q4 ivr Marketable Securities Continuous Unrealized Loss Position Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionFairValue
985995000 usd
CY2022Q4 ivr Marketable Securities Continuous Unrealized Loss Position Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
10237000 usd
CY2022Q4 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositions
27 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
CY2021Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2020Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
1768000 usd
CY2019Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2020 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
1768000 usd
CY2021 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
-1768000 usd
CY2020 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
0 usd
CY2021 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-85702000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2020Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
1768000 usd
CY2022 ivr Marketable Securities Realized Gain Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainExcludingOtherThanTemporaryImpairments
5348000 usd
CY2021 ivr Marketable Securities Realized Gain Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainExcludingOtherThanTemporaryImpairments
3297000 usd
CY2020 ivr Marketable Securities Realized Gain Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainExcludingOtherThanTemporaryImpairments
656915000 usd
CY2022 ivr Marketable Securities Realized Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedLossExcludingOtherThanTemporaryImpairments
1169258000 usd
CY2021 ivr Marketable Securities Realized Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedLossExcludingOtherThanTemporaryImpairments
284521000 usd
CY2020 ivr Marketable Securities Realized Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedLossExcludingOtherThanTemporaryImpairments
1020696000 usd
CY2022 ivr Impairment Of Investments Intends To Sell And Other Impairments
ImpairmentOfInvestmentsIntendsToSellAndOtherImpairments
0 usd
CY2021 ivr Impairment Of Investments Intends To Sell And Other Impairments
ImpairmentOfInvestmentsIntendsToSellAndOtherImpairments
0 usd
CY2020 ivr Impairment Of Investments Intends To Sell And Other Impairments
ImpairmentOfInvestmentsIntendsToSellAndOtherImpairments
101138000 usd
CY2022 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
118365000 usd
CY2020 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-492047000 usd
CY2022 us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
404000 usd
CY2021 us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
417000 usd
CY2020 us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
-1164000 usd
CY2022 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-34198000 usd
CY2021 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0 usd
CY2020 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0 usd
CY2022 ivr Realized Gain Loss On Loan Participation Interest
RealizedGainLossOnLoanParticipationInterest
0 usd
CY2021 ivr Realized Gain Loss On Loan Participation Interest
RealizedGainLossOnLoanParticipationInterest
0 usd
CY2020 ivr Realized Gain Loss On Loan Participation Interest
RealizedGainLossOnLoanParticipationInterest
-3808000 usd
CY2022 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
-1079339000 usd
CY2021 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
-366509000 usd
CY2020 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
-961938000 usd
CY2020 ivr Contractual Interest Expense Income
ContractualInterestExpenseIncome
-6300000 usd
CY2022Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
0 usd
CY2021Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
23515000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
552000 usd
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
12476000 usd
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
1179000 usd
CY2021Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
1518000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
1731000 usd
CY2021Q4 us-gaap Other Assets
OtherAssets
37509000 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
4439583000 usd
CY2021Q4 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
7329702000 usd
CY2022Q4 ivr Total Collateral Pledgedat Fair Value
TotalCollateralPledgedatFairValue
4544413000 usd
CY2021Q4 ivr Total Collateral Pledgedat Fair Value
TotalCollateralPledgedatFairValue
7554078000 usd
CY2022Q4 ivr Derivative Asset Fair Value Of Collateral Cash
DerivativeAssetFairValueOfCollateralCash
4892000 usd
CY2021Q4 ivr Derivative Asset Fair Value Of Collateral Cash
DerivativeAssetFairValueOfCollateralCash
280000 usd
CY2022Q4 ivr Derivative Asset Fair Valueof Collateral Securities
DerivativeAssetFairValueofCollateralSecurities
7216000 usd
CY2021Q4 ivr Derivative Asset Fair Valueof Collateral Securities
DerivativeAssetFairValueofCollateralSecurities
248000 usd
CY2022Q4 us-gaap Derivative Asset Fair Value Of Collateral
DerivativeAssetFairValueOfCollateral
12108000 usd
CY2021Q4 us-gaap Derivative Asset Fair Value Of Collateral
DerivativeAssetFairValueOfCollateral
528000 usd
CY2022 ivr Collateral Ratio
CollateralRatio
1.05
CY2021 ivr Collateral Ratio
CollateralRatio
1.05
CY2021Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
9663596000 usd
CY2022 ivr Notional Amount Of Derivatives Additions
NotionalAmountOfDerivativesAdditions
8498485000 usd
CY2022 ivr Settlement Termination Expirationor Exercise Of Interest Rate Swap Agreement
SettlementTerminationExpirationorExerciseOfInterestRateSwapAgreement
10012081000 usd
CY2022Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
8150000000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
662000 usd
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
270000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2079000 usd
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
14356000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
642000 usd
CY2022Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2022Q4 ivr Derivative Asset Excluding Portion Related To Centrally Cleared Interest Rate Swaps
DerivativeAssetExcludingPortionRelatedToCentrallyClearedInterestRateSwaps
642000 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
642000 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
0 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
642000 usd
CY2022Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2022Q4 ivr Derivative Asset Excluding Portion Related To Centrally Cleared Interest Rate Swaps
DerivativeAssetExcludingPortionRelatedToCentrallyClearedInterestRateSwaps
642000 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
642000 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
0 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2079000 usd
CY2022Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 usd
CY2022Q4 ivr Derivative Liability Excluding Portion Relatedto Centrally Cleared Interest Rate Swaps
DerivativeLiabilityExcludingPortionRelatedtoCentrallyClearedInterestRateSwaps
2079000 usd
CY2022Q4 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
642000 usd
CY2022Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
1297000 usd
CY2022Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
140000 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
4234823000 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
4234823000 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction
SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction
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CY2022Q4 ivr Cash Collateral Pledged On Derivatives
CashCollateralPledgedOnDerivatives
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4400000000 usd
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CY2021Q4 us-gaap Loans Receivable Fair Value Disclosure
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756000 usd
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CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
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CY2022Q4 us-gaap Dividends Common Stock
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25162000 usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
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CY2022Q3 us-gaap Dividends Common Stock
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22979000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2022Q2 us-gaap Dividends Common Stock
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29721000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2022Q1 us-gaap Dividends Common Stock
DividendsCommonStock
29693000 usd
CY2021Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2021Q4 us-gaap Dividends Common Stock
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29689000 usd
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2021Q3 us-gaap Dividends Common Stock
DividendsCommonStock
28057000 usd
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2021Q2 us-gaap Dividends Common Stock
DividendsCommonStock
26071000 usd
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
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CY2021Q1 us-gaap Dividends Common Stock
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CY2022Q4 ivr Common Stock Dividends Per Share Declared In Prior Year Taxable In Current Year
CommonStockDividendsPerShareDeclaredInPriorYearTaxableInCurrentYear
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CY2022Q4 ivr Common Stock Dividends Per Share Declared And Taxable In Current Year
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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34160000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27513000 shares
CY2022 ivr Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Unrealized Gain
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateUnrealizedGain
404000 usd
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Earnings Per Share Basic
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CY2022Q4 us-gaap Other Commitment
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6300000 usd
CY2021Q4 us-gaap Mortgage Loans On Real Estate
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23515000 usd
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23098000 usd
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24055000 usd
CY2021 ivr Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Unrealized Gain
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417000 usd
CY2020 ivr Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Unrealized Gain
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateUnrealizedGain
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CY2022 srt Mortgage Loans On Real Estate Collections Of Principal
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23919000 usd
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136000 usd
CY2022 ivr Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Unrealized Loss
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0 usd
CY2021 ivr Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Unrealized Loss
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0 usd
CY2020 ivr Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Unrealized Loss
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateUnrealizedLoss
821000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
0 usd
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
23515000 usd
CY2020Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
23098000 usd

Files In Submission

Name View Source Status
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