$LFT
Lument Finance Trust, Inc. Stock $lft

$lft Overview Financials Valuation SEC Filings Company Website

2013 Q2 Form 10-Q Financial Statement

#000114420413043404 Filed on August 07, 2013

Income Statement

Concept	2013 Q2	2012 Q2
Revenue	-$4.610M
YoY Change
Cost Of Revenue	$3.200M
YoY Change
Gross Profit	-$7.810M
YoY Change
Gross Profit Margin
Selling, General & Admin	$1.400M
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$1.492M	$218.8K
YoY Change	581.72%
Operating Profit	-$9.302M
YoY Change
Interest Expense	$997.8K	$85.90K
YoY Change	1061.55%
% of Operating Profit
Other Income/Expense, Net	$91.75K	$12.36K
YoY Change	642.09%
Pretax Income	$7.970M
YoY Change
Income Tax	$0.00
% Of Pretax Income	0.0%
Net Earnings	$7.970M	-$208.9K
YoY Change	-3914.95%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share	$1.137M
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept	2013 Q2	2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$20.90M
YoY Change
Cash & Equivalents	$20.89M	$0.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$22.50M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$590.3M
YoY Change
Other Assets	$23.60M
YoY Change
Total Long-Term Assets	$637.2M
YoY Change
TOTAL ASSETS
Total Short-Term Assets	$22.50M
Total Long-Term Assets	$637.2M
Total Assets	$659.7M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$100.0K
YoY Change
Accrued Expenses	$200.0K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$563.5M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$564.1M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt	$0.00
YoY Change
Other Long-Term Liabilities	$0.00
YoY Change
Total Long-Term Liabilities	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$564.1M
Total Long-Term Liabilities	$0.00
Total Liabilities	$564.2M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$73.56K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$95.51M
YoY Change
Total Liabilities & Shareholders Equity	$659.7M
YoY Change

Cashflow Statement

Concept	2013 Q2	2012 Q2
OPERATING ACTIVITIES
Net Income	$7.970M	-$208.9K
YoY Change	-3914.95%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$7.370M	$9.658M
YoY Change	-23.69%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$338.0M
YoY Change
Cash From Investing Activities	$338.0M	-$66.74M
YoY Change	-606.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$26.18M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-368.6M	$71.60M
YoY Change	-614.83%
NET CHANGE
Cash From Operating Activities	7.370M	$9.658M
Cash From Investing Activities	338.0M	-$66.74M
Cash From Financing Activities	-368.6M	$71.60M
Net Change In Cash	-23.28M	$14.51M
YoY Change	-260.39%
FREE CASH FLOW
Cash From Operating Activities	$7.370M	$9.658M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2013Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2012Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2013Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2013Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2012Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2013Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	450000000	shares
CY2013Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7389250	shares
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	1656250	shares
CY2013Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7389250	shares
CY2012Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	1656250	shares
CY2013Q2	us-gaap	Available For Sale Securities AvailableForSaleSecurities	590302740	USD
CY2012Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	81027998	USD
CY2013Q2	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue	15657200	USD
CY2012Q4	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue	8612753	USD
CY2013Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	20891412	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3608759	USD
CY2013Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	23632242	USD
CY2012Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1933390	USD
CY2013Q2	us-gaap	Deferred Offering Costs DeferredOfferingCosts	0	USD
CY2012Q4	us-gaap	Deferred Offering Costs DeferredOfferingCosts	1664796	USD
CY2013Q2	us-gaap	Interest Receivable InterestReceivable	1601924	USD
CY2012Q4	us-gaap	Interest Receivable InterestReceivable	189364	USD
CY2013Q2	oaks	Derivative Assets At Fair Value DerivativeAssetsAtFairValue	7389541	USD
CY2012Q4	oaks	Derivative Assets At Fair Value DerivativeAssetsAtFairValue	12062	USD
CY2013Q2	us-gaap	Assets Assets	659696466	USD
CY2012Q4	us-gaap	Assets Assets	97049122	USD
CY2013Q2	us-gaap	Secured Debt Repurchase Agreements SecuredDebtRepurchaseAgreements	563529000	USD
CY2012Q4	us-gaap	Secured Debt Repurchase Agreements SecuredDebtRepurchaseAgreements	63423000	USD
CY2013Q2	us-gaap	Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral	0	USD
CY2012Q4	us-gaap	Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral	283754	USD
CY2013Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	209475	USD
CY2012Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	65820	USD
CY2013Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	0	USD
CY2013Q2	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	317721	USD
CY2012Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	32721	USD
CY2013Q2	us-gaap	Other Accounts Payable And Accrued Liabilities OtherAccountsPayableAndAccruedLiabilities	125795	USD
CY2012Q4	us-gaap	Other Accounts Payable And Accrued Liabilities OtherAccountsPayableAndAccruedLiabilities	754274	USD
CY2013Q2	us-gaap	Liabilities Liabilities	564181991	USD
CY2012Q2	us-gaap	Operating Expenses OperatingExpenses	218815	USD
	us-gaap	Net Income Loss NetIncomeLoss	9498494	USD
CY2012Q2	us-gaap	Net Income Loss NetIncomeLoss	-208925	USD
CY2013Q2	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	0	USD
	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	2326	USD
CY2012Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
CY2012Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	72317	USD
CY2013Q2	oaks	Other Income Loss OtherIncomeLoss	3098072	USD
CY2012Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	220833	USD
CY2012Q4	us-gaap	Liabilities Liabilities	64780402	USD
CY2013Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	7970380	USD
CY2013Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.45
CY2012Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013Q2	us-gaap	Common Stock Value CommonStockValue	73563	USD
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	265000	USD
CY2013Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	110053531	USD
CY2012Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	25912089	USD
CY2013Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-24001358	USD
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	2433997	USD
CY2013Q2	us-gaap	Retained Earnings Appropriated RetainedEarningsAppropriated	-4929061	USD
CY2012Q4	us-gaap	Retained Earnings Appropriated RetainedEarningsAppropriated	-1161672	USD
CY2013Q2	us-gaap	Retained Earnings Unappropriated RetainedEarningsUnappropriated	14317800	USD
CY2012Q4	us-gaap	Retained Earnings Unappropriated RetainedEarningsUnappropriated	4819306	USD
CY2013Q2	us-gaap	Stockholders Equity StockholdersEquity	95514475	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	32268720	USD
CY2013Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	659696466	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	97049122	USD
CY2013Q2	us-gaap	Other Assets OtherAssets	221407	USD
CY2012Q4	us-gaap	Other Assets OtherAssets	0	USD
CY2013Q2	us-gaap	Interest Income Operating InterestIncomeOperating	7361812	USD
	us-gaap	Interest Income Operating InterestIncomeOperating	10592753	USD
CY2012Q2	us-gaap	Interest Income Operating InterestIncomeOperating	158220	USD
CY2013Q2	us-gaap	Interest Expense InterestExpense	997809	USD
	us-gaap	Interest Expense InterestExpense	3328437	USD
CY2012Q2	us-gaap	Interest Expense InterestExpense	85903	USD
CY2013Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	6364003	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	7264316	USD
	us-gaap	Loss On Sale Of Investments LossOnSaleOfInvestments	14277894	USD
CY2012Q2	us-gaap	Loss On Sale Of Investments LossOnSaleOfInvestments	427	USD
CY2012Q2	oaks	Unrealized Gain Loss And Net Interest Income From Derivatives UnrealizedGainLossAndNetInterestIncomeFromDerivatives	177463	USD
CY2013Q2	us-gaap	Payment For Management Fee PaymentForManagementFee	-412862	USD
	us-gaap	Payment For Management Fee PaymentForManagementFee	-528002	USD
CY2013Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	177686	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	300114	USD
CY2012Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8250	USD
CY2013Q2	us-gaap	Cost Of Reimbursable Expense CostOfReimbursableExpense	727234	USD
	us-gaap	Cost Of Reimbursable Expense CostOfReimbursableExpense	908098	USD
CY2012Q2	us-gaap	Cost Of Reimbursable Expense CostOfReimbursableExpense	149648	USD
CY2013Q2	us-gaap	Other Expenses OtherExpenses	91745	USD
	us-gaap	Other Expenses OtherExpenses	99001	USD
CY2012Q2	us-gaap	Other Expenses OtherExpenses	12363	USD
CY2013Q2	us-gaap	Share Based Compensation ShareBasedCompensation	82168	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	84964	USD
CY2012Q2	us-gaap	Share Based Compensation ShareBasedCompensation	0	USD
CY2013Q2	us-gaap	Operating Expenses OperatingExpenses	1491695	USD
	us-gaap	Operating Expenses OperatingExpenses	1920179	USD
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	7970380	USD
CY2012Q2	us-gaap	Interest Paid InterestPaid	78938	USD
CY2012Q2	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	0	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	9496168	USD
CY2012Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-208925	USD
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.78
CY2013Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	1.08
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	1.96
CY2012Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.13
CY2013Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	7389250	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	4855327	shares
CY2012Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	1656250	shares
CY2013Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-25738658	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-26435355	USD
CY2012Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	157236	USD
CY2013Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-25738658	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-26435355	USD
CY2012Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	157236	USD
CY2013Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-17768278	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-16939187	USD
CY2012Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-51689	USD
	oaks	Stock Issued During Period Value New Issues One StockIssuedDuringPeriodValueNewIssuesOne	26177089	USD
	us-gaap	Net Income Loss NetIncomeLoss	4819306	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	2433997	USD
	us-gaap	Dividends Common Stock DividendsCommonStock	1161672	USD
	oaks	Stock Issued During Period Value New Issues One StockIssuedDuringPeriodValueNewIssuesOne	84000000	USD
	oaks	Stock Issued During Period Value New Issues Two StockIssuedDuringPeriodValueNewIssuesTwo	10041	USD
	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	110000	USD
	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	49964	USD
	us-gaap	Dividends Common Stock DividendsCommonStock	3765063	USD
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	2326	USD
	us-gaap	Investment Income Net Amortization Of Discount And Premium InvestmentIncomeNetAmortizationOfDiscountAndPremium	86731	USD
CY2012Q2	us-gaap	Investment Income Net Amortization Of Discount And Premium InvestmentIncomeNetAmortizationOfDiscountAndPremium	-16715	USD
	oaks	Realized Loss On Sale Of Investments RealizedLossOnSaleOfInvestments	14667580	USD
CY2012Q2	oaks	Realized Loss On Sale Of Investments RealizedLossOnSaleOfInvestments	427	USD
	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	1412560	USD
CY2012Q2	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	169296	USD
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	285000	USD
CY2012Q2	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	134682	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	143655	USD
CY2012Q2	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	6965	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	4862766	USD
CY2012Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	9657719	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	919943794	USD
CY2012Q2	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	66445340	USD
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	16394846	USD
CY2012Q2	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	14741	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	21698852	USD
CY2012Q2	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	250306	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-560901628	USD
CY2012Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-66744905	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	84000000	USD
CY2012Q2	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	26177089	USD
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	10041	USD
CY2012Q2	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	0	USD
	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	110000	USD
CY2012Q2	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	0	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	17282653	USD
	us-gaap	Restricted Stock Expense RestrictedStockExpense	49964	USD
CY2012Q2	us-gaap	Restricted Stock Expense RestrictedStockExpense	0	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	-915512	USD
CY2012Q2	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3985896	USD
CY2012Q2	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	0	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	2326	USD
CY2012Q2	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	0	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	2303464000	USD
CY2012Q2	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	54314000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	1803358000	USD
CY2012Q2	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	0	USD
	us-gaap	Payments For Derivative Instrument Financing Activities PaymentsForDerivativeInstrumentFinancingActivities	23982780	USD
CY2012Q2	us-gaap	Payments For Derivative Instrument Financing Activities PaymentsForDerivativeInstrumentFinancingActivities	19055318	USD
	us-gaap	Proceeds From Derivative Instrument Financing Activities ProceedsFromDerivativeInstrumentFinancingActivities	16321000	USD
CY2012Q2	us-gaap	Proceeds From Derivative Instrument Financing Activities ProceedsFromDerivativeInstrumentFinancingActivities	10166000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	573321515	USD
CY2012Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	71601771	USD
CY2012Q2	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	14514585	USD
CY2012Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	0	USD
CY2012Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14514585	USD
	us-gaap	Interest Paid InterestPaid	3184782	USD
	oaks	Available For Sale Securities Change In Net Unrealized Holding Gain Loss Non Cash Item AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNonCashItem	26435355	USD
CY2012Q2	oaks	Available For Sale Securities Change In Net Unrealized Holding Gain Loss Non Cash Item AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNonCashItem	-157236	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	221407	USD
CY2012Q2	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	0	USD
CY2012Q2	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	0	USD
CY2012Q2	us-gaap	Payments For Proceeds From Derivative Instrument Investing Activities PaymentsForProceedsFromDerivativeInstrumentInvestingActivities	64000	USD
CY2012Q2	us-gaap	Proceeds From Derivative Instrument Investing Activities ProceedsFromDerivativeInstrumentInvestingActivities	0	USD
	oaks	Increase Decrease In Investment Related Payable IncreaseDecreaseInInvestmentRelatedPayable	0	USD
CY2012Q2	oaks	Increase Decrease In Investment Related Payable IncreaseDecreaseInInvestmentRelatedPayable	9766872	USD
	oaks	Unrealized Gain Loss On Linked Transactions Net UnrealizedGainLossOnLinkedTransactionsNet	-617334	USD
CY2012Q2	oaks	Unrealized Gain Loss On Linked Transactions Net UnrealizedGainLossOnLinkedTransactionsNet	140459	USD
	oaks	Realized Gain Loss On Swap And Swaption Agreements RealizedGainLossOnSwapAndSwaptionAgreements	11649504	USD
CY2012Q2	oaks	Realized Gain Loss On Swap And Swaption Agreements RealizedGainLossOnSwapAndSwaptionAgreements	-5333	USD
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	120805	USD
CY2012Q2	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	11275	USD
	dei	Entity Incorporation Date Of Incorporation EntityIncorporationDateOfIncorporation	2012-03-28
	us-gaap	Operations Commenced Date1 OperationsCommencedDate1	2012-05-16
	dei	Entity Incorporation State Country Name EntityIncorporationStateCountryName	Maryland
	us-gaap	Use Of Estimates UseOfEstimates	<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 13.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong><em>Use of Estimates</em></strong></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"><font size="2"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 13.2pt; FONT: 10pt Times New Roman, Times, Serif"> The financial statements have been prepared on the accrual basis of accounting in accordance with U.S. GAAP. The preparation of financial statements in conformity with U.S. GAAP requires the Company to make a number of significant estimates. These include estimates of fair value of certain assets and liabilities, amount and timing of credit losses, prepayment rates, and other estimates that affect the reported amounts of certain assets and liabilities as of the date of the financial statements and the reported amounts of certain revenues and expenses during the reported period. It is likely that changes in these estimates (e.g., valuation changes due to supply and demand, credit performance, prepayments, interest rates, or other reasons) will occur in the near term.</div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 13.2pt; MARGIN: 0pt 0px 0pt 13.2pt; FONT: 10pt Times New Roman, Times, Serif"> The Company’s estimates are inherently subjective in nature and actual results could differ from its estimates and the differences may be material.</div> </div>
	us-gaap	Property Plant And Equipment Impairment PropertyPlantAndEquipmentImpairment	<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 13.2pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong><em>Impairment</em></strong></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"><font size="2"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 13.2pt; MARGIN: 0pt 0px 0pt 13.2pt; FONT: 10pt Times New Roman, Times, Serif"> The Company evaluates its RMBS, on a quarterly basis, to assess whether a decline in the fair value of an AFS security below the Company's amortized cost basis is an other-than-temporary impairment (“OTTI”). The presence of OTTI is based upon a fair value decline below a security's amortized cost basis and a corresponding adverse change in expected cash flows due to credit related factors as well as non-credit factors, such as changes in interest rates and market spreads. Impairment is considered other-than-temporary if an entity (i) intends to sell the security, (ii) will more likely than not be required to sell the security before it recovers in value or (iii) does not expect to recover the security's amortized cost basis, even if the entity does not intend to sell the security. Under these scenarios, the impairment is other-than-temporary and the full amount of impairment should be recognized currently in earnings and the cost basis of the investment security is adjusted. However, if an entity does not intend to sell the impaired debt security and it is more likely than not that it will not be required to sell before recovery, the OTTI should be separated into (i) the estimated amount relating to credit loss (“credit” component) and (ii) the amount relating to all other factors (“non-credit” component). Only the estimated credit loss amount is recognized currently in earnings, with the remainder of the loss amount recognized in other comprehensive income. The difference between the new amortized cost basis and the cash flows expected to be collected is accreted as interest income in accordance with the effective interest method.</div> </div>
	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties	1500000	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	1139703	USD
CY2013Q2	oaks	Available For Sale Securities Amortized Cost Face Value AvailableForSaleSecuritiesAmortizedCostFaceValue	603719660	USD
CY2013Q2	oaks	Available For Sale Securities Amortized Cost Unamortized Premium AvailableForSaleSecuritiesAmortizedCostUnamortizedPremium	32908152	USD
CY2013Q2	oaks	Available For Sale Securities Amortized Cost Unamortized Discount Designated Credit Reserve AvailableForSaleSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserve	11055275	USD
CY2013Q2	oaks	Available For Sale Securities Amortized Cost Net Unamortized Discount AvailableForSaleSecuritiesAmortizedCostNetUnamortizedDiscount	11268439	USD
CY2013Q2	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	614304098	USD
	us-gaap	Availableforsale Securities Gross Unrealized Gain Loss1 AvailableforsaleSecuritiesGrossUnrealizedGainLoss1	-24001358	USD
CY2012Q4	oaks	Available For Sale Securities Amortized Cost Face Value AvailableForSaleSecuritiesAmortizedCostFaceValue	83817577	USD
CY2012Q4	oaks	Available For Sale Securities Amortized Cost Unamortized Premium AvailableForSaleSecuritiesAmortizedCostUnamortizedPremium	3193345	USD
CY2012Q4	oaks	Available For Sale Securities Amortized Cost Unamortized Discount Designated Credit Reserve AvailableForSaleSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserve	4882582	USD
CY2012Q4	oaks	Available For Sale Securities Amortized Cost Net Unamortized Discount AvailableForSaleSecuritiesAmortizedCostNetUnamortizedDiscount	3534339	USD
CY2012Q4	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	78594001	USD
CY2012	us-gaap	Availableforsale Securities Gross Unrealized Gain Loss1 AvailableforsaleSecuritiesGrossUnrealizedGainLoss1	2433997	USD
CY2013Q2	oaks	Available For Sale Securities Amortized Cost Unamortized Discount Designated Credit Reserve Acquisitions AvailableForSaleSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveAcquisitions	11810437	USD
CY2013Q2	oaks	Available For Sale Securities Amortized Cost Unamortized Discount Designated Credit Reserve Accretion Of Net Discount AvailableForSaleSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveAccretionOfNetDiscount	0	USD
CY2013Q2	oaks	Available For Sale Securities Amortized Cost Unamortized Discount Designated Credit Reserve Realized Credit Losses AvailableForSaleSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveRealizedCreditLosses	755162	USD
CY2013Q2	oaks	Available For Sale Securities Amortized Cost Net Unamortized Discount Acquisitions AvailableForSaleSecuritiesAmortizedCostNetUnamortizedDiscountAcquisitions	12009982	USD
CY2013Q2	oaks	Available For Sale Securities Amortized Cost Net Unamortized Discount Accretion Of Net Discount AvailableForSaleSecuritiesAmortizedCostNetUnamortizedDiscountAccretionOfNetDiscount	741543	USD
CY2013Q2	oaks	Available For Sale Securities Amortized Cost Net Unamortized Discount Realized Credit Loss AvailableForSaleSecuritiesAmortizedCostNetUnamortizedDiscountRealizedCreditLoss	0	USD
CY2013Q2	oaks	Available For Sale Securities Unamortized Net Discount And Designated Credit Reserves Acquisitions Total AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesAcquisitionsTotal	23820419	USD
CY2013Q2	oaks	Available For Sale Securities Unamortized Net Discount And Designated Credit Reserves Accretion Of Net Discount Total AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesAccretionOfNetDiscountTotal	741543	USD
CY2013Q2	oaks	Available For Sale Securities Unamortized Net Discount And Designated Credit Reserves Realized Credit Losses Total AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesRealizedCreditLossesTotal	755162	USD
CY2013Q2	oaks	Available For Sale Securities Unamortized Net Discount And Designated Credit Reserves Total AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesTotal	22323714	USD
CY2012Q4	oaks	Available For Sale Securities Amortized Cost Unamortized Discount Designated Credit Reserve Acquisitions AvailableForSaleSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveAcquisitions	5363444	USD
CY2012Q4	oaks	Available For Sale Securities Amortized Cost Unamortized Discount Designated Credit Reserve Accretion Of Net Discount AvailableForSaleSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveAccretionOfNetDiscount	0	USD
CY2012Q4	oaks	Available For Sale Securities Amortized Cost Unamortized Discount Designated Credit Reserve Realized Credit Losses AvailableForSaleSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveRealizedCreditLosses	480862	USD
CY2012Q4	oaks	Available For Sale Securities Amortized Cost Net Unamortized Discount Acquisitions AvailableForSaleSecuritiesAmortizedCostNetUnamortizedDiscountAcquisitions	3997817	USD
CY2012Q4	oaks	Available For Sale Securities Amortized Cost Net Unamortized Discount Accretion Of Net Discount AvailableForSaleSecuritiesAmortizedCostNetUnamortizedDiscountAccretionOfNetDiscount	463478	USD
CY2012Q4	oaks	Available For Sale Securities Amortized Cost Net Unamortized Discount Realized Credit Loss AvailableForSaleSecuritiesAmortizedCostNetUnamortizedDiscountRealizedCreditLoss	0	USD
CY2012Q4	oaks	Available For Sale Securities Unamortized Net Discount And Designated Credit Reserves Acquisitions Total AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesAcquisitionsTotal	9361261	USD
CY2012Q4	oaks	Available For Sale Securities Unamortized Net Discount And Designated Credit Reserves Accretion Of Net Discount Total AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesAccretionOfNetDiscountTotal	463478	USD
CY2012Q4	oaks	Available For Sale Securities Unamortized Net Discount And Designated Credit Reserves Realized Credit Losses Total AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesRealizedCreditLossesTotal	480862	USD
CY2012Q4	oaks	Available For Sale Securities Unamortized Net Discount And Designated Credit Reserves Total AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesTotal	8416921	USD
CY2013Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	7464590	USD
CY2013Q2	us-gaap	Investment Income Net Amortization Of Discount And Premium InvestmentIncomeNetAmortizationOfDiscountAndPremium	-108640	USD
CY2013Q2	us-gaap	Investment Income Net InvestmentIncomeNet	7355950	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	10499248	USD
	us-gaap	Investment Income Net InvestmentIncomeNet	10585978	USD
CY2012Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	174606	USD
CY2012Q2	us-gaap	Investment Income Net InvestmentIncomeNet	157891	USD
CY2012	us-gaap	Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1 RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1	P17D
	us-gaap	Schedule Of Repurchase Agreements ScheduleOfRepurchaseAgreements	<table border="0" style="clear:both;width:100%; table-layout:fixed;"> <tr> <td></td> </tr> </table> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> The following table summarizes certain characteristics of the Company’s repurchase agreements at June 30, 2013 and December 31, 2012:</div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN:Left; TEXT-INDENT: 0in; WIDTH: 100%"> <table style="clear:both;BORDER-BOTTOM: #9eb6ce 0px solid; BORDER-LEFT: #9eb6ce 0px solid; MARGIN: 0in 0in 0in 0.5in; WIDTH: 90%; BORDER-COLLAPSE: collapse; OVERFLOW: visible; BORDER-TOP: #9eb6ce 0px solid; BORDER-RIGHT: #9eb6ce 0px solid" cellspacing="0" cellpadding="0" align="left"> <tr style="HEIGHT: 12px"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="39%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="24%" colspan="6"> <div>June 30, 2013</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="24%" colspan="6"> <div>December 31, 2012</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> </tr> <tr style="HEIGHT: 12px"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="39%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="10%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>Weighted</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="10%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>Weighted</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> </tr> <tr style="HEIGHT: 12px"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="39%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>Amount</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>average</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>Amount</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>average</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> </tr> <tr style="HEIGHT: 12px"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="39%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>outstanding</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>interest rate</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>outstanding</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>interest rate</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> </tr> <tr style="HEIGHT: 12px"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="39%"> <div>Agency</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="1%"> <div>$</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="10%"> <div>539,910,000</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="10%"> <div>0.40</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>%</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="1%"> <div>$</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="10%"> <div>59,616,000</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="10%"> <div>0.48</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>%</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> </tr> <tr style="HEIGHT: 12px"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="39%"> <div>Non-Agency<sup>(1)</sup></div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>23,619,000</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>2.26</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>%</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>3,807,000</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>2.31</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>%</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> </tr> <tr style="HEIGHT: 12px"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="39%"> <div>Total</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="1%"> <div>$</div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="10%"> <div>563,529,000</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="10%"> <div>0.48</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>%</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="1%"> <div>$</div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="10%"> <div>63,423,000</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="10%"> <div>0.59</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>%</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ccffcc; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> </tr> </table> </div> </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"><font size="2"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 27.5pt; FONT: 10pt Times New Roman, Times, Serif"> (1) At June 30, 2013 and December 31, 2012, the Company had repurchase agreements of $<font style=" FONT-SIZE: 10pt">30,310,000</font> and $<font style=" FONT-SIZE: 10pt">13,989,000</font>, respectively, that were linked to Non-Agency RMBS purchases and were accounted for as Linked Transactions, and as such, the linked repurchase agreements are not included in the above table. (See Note 3).</div>
CY2013Q2	oaks	Repurchase Agreements Weighted Average Interest Rate RepurchaseAgreementsWeightedAverageInterestRate	0.0048	pure
CY2012Q4	oaks	Repurchase Agreements Weighted Average Interest Rate RepurchaseAgreementsWeightedAverageInterestRate	0.0059	pure
CY2013Q2	oaks	Repurchase Agreement Percentage Of Total Amount Outstanding RepurchaseAgreementPercentageOfTotalAmountOutstanding	1.00	pure
	us-gaap	Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1 RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1	P40D
CY2013Q2	us-gaap	Fair Value Of Securities Received As Collateral That Can Be Resold Or Repledged FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged	590302740	USD
CY2012Q4	oaks	Repurchase Agreement Percentage Of Total Amount Outstanding RepurchaseAgreementPercentageOfTotalAmountOutstanding	1.00	pure
CY2012Q4	us-gaap	Fair Value Of Securities Received As Collateral That Can Be Resold Or Repledged FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged	66337080	USD
CY2013Q2	us-gaap	Derivative Assets DerivativeAssets	23046741	USD
CY2013Q2	us-gaap	Derivative Asset Notional Amount DerivativeAssetNotionalAmount	510000000	USD
CY2013Q2	us-gaap	Derivative Liabilities DerivativeLiabilities	0	USD
CY2013Q2	us-gaap	Derivative Liability Notional Amount DerivativeLiabilityNotionalAmount	0	USD
CY2012Q4	us-gaap	Derivative Assets DerivativeAssets	8624815	USD
CY2012Q4	us-gaap	Derivative Asset Notional Amount DerivativeAssetNotionalAmount	5000000	USD
CY2012Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	-283754	USD
CY2012Q4	us-gaap	Derivative Liability Notional Amount DerivativeLiabilityNotionalAmount	35000000	USD
CY2012Q2	oaks	Derivative Instrument Total Gain Loss DerivativeInstrumentTotalGainLoss	-239463	USD
CY2013Q2	oaks	Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve Acquisitions ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveAcquisitions	20416766	USD
CY2013Q2	oaks	Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve Accretion Of Net Discount ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveAccretionOfNetDiscount	0	USD
CY2013Q2	oaks	Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve Realized Credit Losses ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveRealizedCreditLosses	1788256	USD
CY2013Q2	oaks	Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserve	18628510	USD
CY2013Q2	oaks	Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount Acquisitions ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscountAcquisitions	15295000	USD
CY2013Q2	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	54154862	USD
CY2012Q2	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-5333	USD
CY2012Q2	oaks	Derivative Instrument Unrecognized Unrealized Appreciation Depreciation Net DerivativeInstrumentUnrecognizedUnrealizedAppreciationDepreciationNet	-234130	USD
CY2013Q2	us-gaap	Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral	31108121	USD
CY2013Q2	us-gaap	Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral	23046741	USD
CY2013Q2	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	756440	USD
CY2013Q2	us-gaap	Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral	756440	USD
CY2012Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	22648552	USD
CY2012Q4	us-gaap	Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral	14023737	USD
CY2012Q4	us-gaap	Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral	8624815	USD
CY2012Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	283754	USD
CY2012Q4	us-gaap	Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral	0	USD
CY2013Q2	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	11136853	USD
CY2013Q2	oaks	Derivative Instrument Unrecognized Unrealized Appreciation Depreciation Net DerivativeInstrumentUnrecognizedUnrealizedAppreciationDepreciationNet	7620892	USD
CY2013Q2	oaks	Derivative Instrument Total Gain Loss DerivativeInstrumentTotalGainLoss	18757745	USD
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	11065533	USD
	oaks	Derivative Instrument Unrecognized Unrealized Appreciation Depreciation Net DerivativeInstrumentUnrecognizedUnrealizedAppreciationDepreciationNet	7099900	USD
	oaks	Derivative Instrument Total Gain Loss DerivativeInstrumentTotalGainLoss	18165433	USD
CY2013Q2	oaks	Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount Accretion Of Net Discount ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscountAccretionOfNetDiscount	915401	USD
CY2013Q2	oaks	Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount Realized Credit Losses ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscountRealizedCreditLosses	0	USD
CY2013Q2	oaks	Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscount	14379599	USD
CY2013Q2	oaks	Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves Acquisitions ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesAcquisitions	35711766	USD
CY2013Q2	oaks	Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves Accretion Of Net Discount ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesAccretionOfNetDiscount	915401	USD
CY2013Q2	oaks	Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves Realized Credit Losses ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesRealizedCreditLosses	1788256	USD
CY2013Q2	oaks	Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReserves	33008109	USD
CY2012Q4	oaks	Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve Acquisitions ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveAcquisitions	13934657	USD
CY2012Q4	oaks	Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve Accretion Of Net Discount ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveAccretionOfNetDiscount	0	USD
CY2012Q4	oaks	Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve Realized Credit Losses ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveRealizedCreditLosses	1005426	USD
CY2012Q4	oaks	Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserve	12929231	USD
CY2012Q4	oaks	Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount Acquisitions ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscountAcquisitions	7592017	USD
CY2012Q4	oaks	Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves Acquisitions ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesAcquisitions	21526674	USD
CY2012Q4	oaks	Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves Accretion Of Net Discount ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesAccretionOfNetDiscount	870268	USD
CY2012Q4	oaks	Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount Accretion Of Net Discount ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscountAccretionOfNetDiscount	870268	USD
CY2012Q4	oaks	Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount Realized Credit Losses ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscountRealizedCreditLosses	0	USD
CY2012Q4	oaks	Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscount	6721749	USD
CY2012Q4	oaks	Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves Realized Credit Losses ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesRealizedCreditLosses	1005426	USD
CY2012Q4	oaks	Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReserves	19650980	USD
CY2013Q2	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	613349481	USD
CY2012Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	89652813	USD
CY2012Q4	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	283754	USD
	oaks	Management Fee Percentage ManagementFeePercentage	0.015	pure
CY2013Q2	us-gaap	Management Fee Payable ManagementFeePayable	137721	USD
	oaks	Additional Cost Of Reimbursable Expense Waived AdditionalCostOfReimbursableExpenseWaived	227341	USD
	oaks	Reimbursement Revenue Terms ReimbursementRevenueTerms	the Manager agreed to reimburse the Company for offering expenses in excess of $1,500,000 incurred in connection with the Company’s initial public offering (“IPO”).
CY2013Q2	us-gaap	Due From Related Parties DueFromRelatedParties	1139703	USD
CY2012	oaks	Warrants Exercisable WarrantsExercisable	3125000	shares
CY2012	oaks	Warrants Exercise Price As Percentage Of Ip Os Price WarrantsExercisePriceAsPercentageOfIPOsPrice	1.05	pure
	us-gaap	Preferred Stock Dividend Rate Per Dollar Amount PreferredStockDividendRatePerDollarAmount	23.26
CY2013Q2	us-gaap	Dividends Common Stock DividendsCommonStock	3325163	USD
CY2013Q2	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	0	USD
	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	2326	USD
CY2013Q2	us-gaap	Dividends Dividends	3325163	USD
	us-gaap	Dividends Dividends	3767389	USD
CY2013Q2	us-gaap	Undistributed Earnings UndistributedEarnings	4645217	USD
	us-gaap	Undistributed Earnings UndistributedEarnings	5731105	USD
CY2012Q2	us-gaap	Dividends Common Stock DividendsCommonStock	0	USD
CY2012Q2	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	0	USD
CY2012Q2	us-gaap	Dividends Dividends	0	USD
CY2012Q2	us-gaap	Undistributed Earnings UndistributedEarnings	-208925	USD

Files In Submission

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0001144204-13-043404-index.html	Edgar Link	pending
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oaks-20130630.xml	Edgar Link	completed
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$LFT
Lument Finance Trust, Inc. Stock $lft

2013 Q2 Form 10-Q Financial Statement

#000114420413043404 Filed on August 07, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LFT Lument Finance Trust, Inc. Stock $lft

2013 Q2 Form 10-Q Financial Statement

#000114420413043404 Filed on August 07, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LFT
Lument Finance Trust, Inc. Stock $lft