$LFT
Lument Finance Trust, Inc.

2014 Q3 Form 10-Q Financial Statement

#000114420414050198 Filed on August 14, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2014 Q2 2013 Q2
Revenue $9.220M $5.250M -$4.610M
YoY Change -172.37% -213.88%
Cost Of Revenue $3.600M $610.0K $3.200M
YoY Change 355.7% -80.94%
Gross Profit $5.620M $4.640M -$7.810M
YoY Change -141.54% -159.41%
Gross Profit Margin 60.95% 88.38%
Selling, General & Admin $2.410M $1.930M $1.400M
YoY Change 78.52% 37.86%
% of Gross Profit 42.88% 41.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $2.853M $2.304M $1.492M
YoY Change 96.13% 54.46% 581.72%
Operating Profit $2.767M $2.336M -$9.302M
YoY Change -118.47% -125.11%
Interest Expense $3.596M $608.0K $997.8K
YoY Change 353.39% -39.07% 1061.55%
% of Operating Profit 129.96% 26.03%
Other Income/Expense, Net $3.395M $2.838M $91.75K
YoY Change 3166.97% 2993.36% 642.09%
Pretax Income $5.213M $4.420M $7.970M
YoY Change -130.64% -44.54%
Income Tax $179.1K $0.00 $0.00
% Of Pretax Income 3.44% 0.0% 0.0%
Net Earnings $5.213M $4.425M $7.970M
YoY Change -130.64% -44.48% -3914.95%
Net Earnings / Revenue 56.54% 84.29%
Basic Earnings Per Share
Diluted Earnings Per Share $343.6K $396.4K $1.137M
COMMON SHARES
Basic Shares Outstanding 14.71M shares 10.69M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q3 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $21.10M $55.80M $20.90M
YoY Change 29.45% 166.99%
Cash & Equivalents $21.06M $55.81M $20.89M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $27.10M $58.20M $22.50M
YoY Change 54.86% 158.67%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $507.0M $570.8M $590.3M
YoY Change 21.41% -3.3%
Other Assets $9.700M $6.700M $23.60M
YoY Change 438.89% -71.61%
Total Long-Term Assets $2.217B $700.0M $637.2M
YoY Change 385.87% 9.86%
TOTAL ASSETS
Total Short-Term Assets $27.10M $58.20M $22.50M
Total Long-Term Assets $2.217B $700.0M $637.2M
Total Assets $2.244B $758.2M $659.7M
YoY Change 373.64% 14.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $500.0K $600.0K $100.0K
YoY Change 150.0% 500.0%
Accrued Expenses $2.900M $300.0K $200.0K
YoY Change 2800.0% 50.0%
Deferred Revenue
YoY Change
Short-Term Debt $704.6M $512.3M $563.5M
YoY Change 86.9% -9.09%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $708.9M $529.3M $564.1M
YoY Change 87.74% -6.17%
LONG-TERM LIABILITIES
Long-Term Debt $1.313B $0.00 $0.00
YoY Change
Other Long-Term Liabilities $700.0K $10.70M $0.00
YoY Change -84.44%
Total Long-Term Liabilities $1.314B $10.70M $0.00
YoY Change 29091.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $708.9M $529.3M $564.1M
Total Long-Term Liabilities $1.314B $10.70M $0.00
Total Liabilities $2.023B $539.9M $564.2M
YoY Change 429.17% -4.3%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $147.0K $141.7K $73.56K
YoY Change 99.76% 92.63%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $221.1M $218.3M $95.51M
YoY Change
Total Liabilities & Shareholders Equity $2.244B $758.2M $659.7M
YoY Change 373.65% 14.93%

Cashflow Statement

Concept 2014 Q3 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $5.213M $4.425M $7.970M
YoY Change -130.64% -44.48% -3914.95%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $4.930M $4.200M $7.370M
YoY Change -14.71% -43.01% -23.69%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$232.2M -$100.3M $338.0M
YoY Change -223.11% -129.67%
Cash From Investing Activities -$232.2M -$100.3M $338.0M
YoY Change -223.11% -129.67% -606.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 192.5M 113.1M -368.6M
YoY Change -196.77% -130.68% -614.83%
NET CHANGE
Cash From Operating Activities 4.930M 4.200M 7.370M
Cash From Investing Activities -232.2M -100.3M 338.0M
Cash From Financing Activities 192.5M 113.1M -368.6M
Net Change In Cash -34.76M 17.00M -23.28M
YoY Change 665.64% -173.02% -260.39%
FREE CASH FLOW
Cash From Operating Activities $4.930M $4.200M $7.370M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q4 us-gaap Liabilities
Liabilities
414276043 USD
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
10723920 USD
CY2014Q2 oaks Payable For Unsettled Securities Purchased
PayableForUnsettledSecuritiesPurchased
15492311 USD
CY2013Q4 oaks Payable For Unsettled Securities Purchased
PayableForUnsettledSecuritiesPurchased
0 USD
CY2013Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
274615 USD
CY2013Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
42501 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
6936783 USD
CY2013Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
330000 USD
CY2013Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
617514 USD
CY2014Q2 us-gaap Preferred Stock Value
PreferredStockValue
37164472 USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
18060898 USD
CY2014Q2 us-gaap Common Stock Value
CommonStockValue
141703 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
73563 USD
CY2014Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
183710458 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
110129489 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-11094954 USD
CY2014Q2 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
-19597803 USD
CY2013Q4 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
-11289370 USD
CY2014Q2 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
9929071 USD
CY2013Q4 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
8045736 USD
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
218284684 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
113925362 USD
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
758203728 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
528201405 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt 0.25in"> <b><i><font style="FONT-FAMILY: 'Times New Roman','serif'; COLOR: black; FONT-SIZE: 10pt"> Reclassifications</font></i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt 0.25in"> <font style="FONT-FAMILY: 'Times New Roman','serif'; COLOR: black; FONT-SIZE: 10pt"> &#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; TEXT-INDENT: 9pt; MARGIN: 0in 0in 0pt 0.25in" align="justify"><font style="FONT-FAMILY: 'Times New Roman','serif'; COLOR: black; FONT-SIZE: 10pt"> Certain prior period amounts have been reclassified to conform to current period presentation.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt 0.25in"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt 0.25in"> <b><i><font style="FONT-FAMILY: 'Times New Roman','serif'; COLOR: black; FONT-SIZE: 10pt"> Use of Estimates</font></i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"> <font style="FONT-FAMILY: 'Times New Roman','serif'; COLOR: black; FONT-SIZE: 10pt"> &#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt 0.25in" align="justify"><font style="FONT-FAMILY: 'Times New Roman','serif'; COLOR: black; FONT-SIZE: 10pt"> 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. The Company&#8217;s estimates are inherently subjective in nature and actual results could differ from its estimates and the differences may be material.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt 0.25in"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; TEXT-INDENT: 9pt; MARGIN: 0in 0in 0pt 0.25in"> <b><i><font style="FONT-FAMILY: 'Times New Roman','serif'; COLOR: black; FONT-SIZE: 10pt"> Impairment</font></i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt 0.25in"> <b><i><font style="FONT-FAMILY: 'Times New Roman','serif'; COLOR: black; FONT-SIZE: 10pt"> &#160;</font></i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; TEXT-INDENT: 0.15in; MARGIN: 0in 0in 0pt 0.25in" align="justify"><font style="FONT-FAMILY: 'Times New Roman','serif'; COLOR: black; FONT-SIZE: 10pt"> The Company evaluates its MBS, 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 (&#8220;OTTI&#8221;). 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 (&#8220;credit&#8221; component) and (ii) the amount relating to all other factors (&#8220;non-credit&#8221; 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.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
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FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="10%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; 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; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; 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FONT-WEIGHT: 700" width="11%" colspan="2"> <div>Weighted</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> </tr> <tr style="HEIGHT: 10px"> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="40%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>Amount</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; 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; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</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: 700" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>Amount</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; 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; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> </tr> <tr style="HEIGHT: 10px"> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="40%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>outstanding</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>interest&#160;rate</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</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: 700" width="1%"> <div>&#160;</div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>outstanding</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%" colspan="2"> <div>interest&#160;rate</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> </tr> <tr style="HEIGHT: 10px"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="40%"> <div>Agency</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="1%"> <div>$</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="10%"> <div>460,794,000</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="10%"> <div>0.35</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-WEIGHT: 400" width="1%"> <div>%</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="1%"> <div>$</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="10%"> <div>370,901,000</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; 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: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-WEIGHT: 400" width="1%"> <div>%</div> </td> </tr> <tr style="HEIGHT: 10px"> <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="40%"> <div>Non-Agency<sup style="font-style:normal">(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>&#160;</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>&#160;</div> </td> <td style="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>43,173,000</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>&#160;</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>&#160;</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>1.91</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; 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>&#160;</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>&#160;</div> </td> <td style="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>41,271,000</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>&#160;</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>&#160;</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>2.09</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-WEIGHT: 400" width="1%"> <div>%</div> </td> </tr> <tr style="HEIGHT: 10px"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="40%"> <div>Multi-Family<sup style="font-style:normal">(2)</sup></div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>4,365,000</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>1.28</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-WEIGHT: 400" width="1%"> <div>%</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>-</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>0.00</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-WEIGHT: 400" width="1%"> <div>%</div> </td> </tr> <tr style="HEIGHT: 10px"> <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="40%"> <div>Mortgage loans</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>&#160;</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>&#160;</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>3,957,697</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>&#160;</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: middle; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>3.22</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; 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>&#160;</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>&#160;</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>-</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>&#160;</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: middle; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>0.00</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-WEIGHT: 400" width="1%"> <div>%</div> </td> </tr> <tr style="HEIGHT: 10px"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="40%"> <div>Total</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="1%"> <div>$</div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="10%"> <div>512,289,697</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="10%"> <div>0.51</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-WEIGHT: 700" width="1%"> <div>%</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="1%"> <div>$</div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="10%"> <div>412,172,000</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 700" width="10%"> <div>0.57</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: Times New Roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-WEIGHT: 700" width="1%"> <div>%</div> </td> </tr> </table> </div> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> &#160;</font></div> <table style="clear:both;WIDTH: 100%; FONT-SIZE: 10pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="BORDER-BOTTOM: #d4d0c8; BORDER-LEFT: #d4d0c8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0in; WIDTH: 44.55pt; PADDING-RIGHT: 0in; BORDER-TOP: #d4d0c8; BORDER-RIGHT: #d4d0c8; PADDING-TOP: 0in" valign="top" width="59"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="BORDER-BOTTOM: #d4d0c8; BORDER-LEFT: #d4d0c8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; BORDER-TOP: #d4d0c8; BORDER-RIGHT: #d4d0c8; PADDING-TOP: 0in" valign="top" width="24"> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> (1)</font></div> </td> <td style="BORDER-BOTTOM: #d4d0c8; BORDER-LEFT: #d4d0c8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #d4d0c8; BORDER-RIGHT: #d4d0c8; PADDING-TOP: 0in" valign="top"> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt" align="justify"><i><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">At June 30, 2014 and December 31, 2013, the Company had repurchase agreements of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">97,966,000</font> and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">61,181,000</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).</font></i></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"> <font style="DISPLAY: none; FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> &#160;</font></div> <table style="clear:both;WIDTH: 100%; FONT-SIZE: 10pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="BORDER-BOTTOM: #d4d0c8; BORDER-LEFT: #d4d0c8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0in; WIDTH: 44.55pt; PADDING-RIGHT: 0in; BORDER-TOP: #d4d0c8; BORDER-RIGHT: #d4d0c8; PADDING-TOP: 0in" valign="top" width="59"> <div style="CLEAR:both;CLEAR: both"></div> </td> <td style="BORDER-BOTTOM: #d4d0c8; BORDER-LEFT: #d4d0c8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0in; WIDTH: 0.25in; PADDING-RIGHT: 0in; BORDER-TOP: #d4d0c8; BORDER-RIGHT: #d4d0c8; PADDING-TOP: 0in" valign="top" width="24"> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"> <i><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> (2)</font></i></div> </td> <td style="BORDER-BOTTOM: #d4d0c8; BORDER-LEFT: #d4d0c8; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: transparent; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #d4d0c8; BORDER-RIGHT: #d4d0c8; PADDING-TOP: 0in" valign="top"> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt" align="justify"><i><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">At June 30, 2014, the Company had repurchase agreements of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">99,751,000</font> that were linked to Multi-Family MBS 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).</font></i></div> </td> </tr> </table> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Operations Commenced Date1
OperationsCommencedDate1
2012-05-16
dei Entity Incorporation State Country Name
EntityIncorporationStateCountryName
Maryland
dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
2012-03-28
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CY2013Q4 us-gaap Common Stock Shares Outstanding
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us-gaap Preferred Stock Dividend Rate Percentage
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0.0875 pure
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CY2013Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
25 USD
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PreferredStockSharesIssued
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CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
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CY2014Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
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PreferredStockSharesOutstanding
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CommonStockParOrStatedValuePerShare
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AvailableForSaleSecuritiesAmortizedCostFaceValue
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oaks Available For Sale Securities Amortized Cost Unamortized Discount Designated Credit Reserve Acquisitions
AvailableForSaleSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveAcquisitions
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CY2013 oaks Available For Sale Securities Amortized Cost Unamortized Discount Designated Credit Reserve Accretion Of Net Discount
AvailableForSaleSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveAccretionOfNetDiscount
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oaks Available For Sale Securities Amortized Cost Unamortized Discount Designated Credit Reserve Accretion Of Net Discount
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AvailableForSaleSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveRealizedGainOnPayDowns
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oaks Available For Sale Securities Amortized Cost Net Unamortized Discount Acquisitions
AvailableForSaleSecuritiesAmortizedCostNetUnamortizedDiscountAcquisitions
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AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesAcquisitionsTotal
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AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesAccretionOfNetDiscountTotal
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AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesRealizedGainOnPaydownsTotal
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AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesRealizedCreditLossesTotal
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oaks Available For Sale Securities Unamortized Net Discount And Designated Credit Reserves Realized Credit Losses Total
AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesRealizedCreditLossesTotal
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AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesReleaseOfCreditReservesTotal
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oaks Available For Sale Securities Unamortized Net Discount And Designated Credit Reserves Release Of Credit Reserves Total
AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesReleaseOfCreditReservesTotal
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CY2013Q4 oaks Available For Sale Securities Unamortized Net Discount And Designated Credit Reserves Total
AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesTotal
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AvailableForSaleSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesTotal
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InvestmentIncomeInterest
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InterestIncomeExpenseNet
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InterestIncomeExpenseNet
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InterestIncomeExpenseNet
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us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
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us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
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us-gaap Gain Loss On Sale Of Derivatives
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us-gaap Gain Loss On Sale Of Derivatives
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us-gaap Net Income Loss
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us-gaap Preferred Stock Dividends And Other Adjustments
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PreferredStockDividendsAndOtherAdjustments
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PreferredStockDividendsAndOtherAdjustments
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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WeightedAverageNumberOfShareOutstandingBasicAndDiluted
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WeightedAverageNumberOfShareOutstandingBasicAndDiluted
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EarningsPerShareBasicAndDiluted
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us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
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EarningsPerShareBasicAndDiluted
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EarningsPerShareBasicAndDiluted
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us-gaap Common Stock Dividends Per Share Declared
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us-gaap Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
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FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged
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DerivativeAssets
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CY2013Q4 us-gaap Derivative Assets
DerivativeAssets
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DerivativeAssetNotionalAmount
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DerivativeAssetNotionalAmount
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DerivativeLiabilities
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DerivativeLiabilities
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CY2014Q2 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
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CY2013Q4 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
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CY2014Q2 us-gaap Derivative Average Fixed Interest Rate
DerivativeAverageFixedInterestRate
0.0211 pure
CY2013Q4 us-gaap Derivative Average Fixed Interest Rate
DerivativeAverageFixedInterestRate
0.0217 pure
CY2013 us-gaap Derivative Average Remaining Maturity1
DerivativeAverageRemainingMaturity1
P6Y2M12D
us-gaap Derivative Average Remaining Maturity1
DerivativeAverageRemainingMaturity1
P5Y7M6D
CY2014Q2 us-gaap Derivative Average Forward Interest Rate
DerivativeAverageForwardInterestRate
0.402 pure
CY2013Q4 us-gaap Derivative Average Forward Interest Rate
DerivativeAverageForwardInterestRate
0.450 pure
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
278441354 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
96877268 USD
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
198055506 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
61685552 USD
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
80385848 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
35191716 USD
CY2014Q2 us-gaap Derivative Asset Not Subject To Master Netting Arrangement
DerivativeAssetNotSubjectToMasterNettingArrangement
79931056 USD
CY2013Q4 us-gaap Derivative Asset Not Subject To Master Netting Arrangement
DerivativeAssetNotSubjectToMasterNettingArrangement
33352562 USD
CY2014Q2 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
0 USD
CY2013Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
0 USD
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
721069123 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
474696965 USD
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
198055506 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
61685552 USD
CY2014Q2 oaks Derivative Fair Value Of Derivative Liability Amounts Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountsNotOffsetAgainstCollateral
523013617 USD
CY2013Q4 oaks Derivative Fair Value Of Derivative Liability Amounts Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountsNotOffsetAgainstCollateral
413011413 USD
CY2014Q2 us-gaap Derivative Liability Not Subject To Master Netting Arrangement
DerivativeLiabilityNotSubjectToMasterNettingArrangement
512289697 USD
CY2013Q4 us-gaap Derivative Liability Not Subject To Master Netting Arrangement
DerivativeLiabilityNotSubjectToMasterNettingArrangement
412172000 USD
CY2013Q4 oaks Derivative Instruments Not Designated As Hedging Instruments Face Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsFaceValue
148864823 USD
CY2014Q2 oaks Derivative Instruments Not Designated As Hedging Instruments Amortized Cost Unamortized Premium
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAmortizedCostUnamortizedPremium
0 USD
CY2014Q2 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
10723920 USD
CY2013Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
839413 USD
CY2014Q2 oaks Derivative Liabilities At Fair Value
DerivativeLiabilitiesAtFairValue
0 USD
CY2013Q4 oaks Derivative Liabilities At Fair Value
DerivativeLiabilitiesAtFairValue
0 USD
CY2014Q2 oaks Derivative Instruments Not Designated As Hedging Instruments Face Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsFaceValue
358200745 USD
CY2013Q4 oaks Derivative Instruments Not Designated As Hedging Instruments Amortized Cost Unamortized Premium
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAmortizedCostUnamortizedPremium
0 USD
CY2014Q2 oaks Derivative Instruments Not Designated As Hedging Instruments Amortized Cost Unamortized Discount Designated Credit Reserve
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAmortizedCostUnamortizedDiscountDesignatedCreditReserve
32886798 USD
CY2013Q4 oaks Derivative Instruments Not Designated As Hedging Instruments Amortized Cost Unamortized Discount Designated Credit Reserve
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAmortizedCostUnamortizedDiscountDesignatedCreditReserve
29857597 USD
CY2014Q2 oaks Derivative Instruments Not Designated As Hedging Instruments Amortized Cost Net Unamortized Discount
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAmortizedCostNetUnamortizedDiscount
63301993 USD
CY2013Q4 oaks Derivative Instruments Not Designated As Hedging Instruments Amortized Cost Net Unamortized Discount
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAmortizedCostNetUnamortizedDiscount
30770386 USD
CY2014Q2 oaks Derivative Instruments Not Designated As Hedging Instruments Amortized Cost
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAmortizedCost
262011954 USD
CY2013Q4 oaks Derivative Instruments Not Designated As Hedging Instruments Amortized Cost
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAmortizedCost
88236840 USD
CY2014Q2 oaks Derivative Instruments Not Designated As Hedging Instruments Gross Unrealized Gains
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGrossUnrealizedGains
15966434 USD
CY2013Q4 oaks Derivative Instruments Not Designated As Hedging Instruments Gross Unrealized Gains
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGrossUnrealizedGains
6859625 USD
CY2014Q2 oaks Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value Disclosure
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValueDisclosure
277702308 USD
CY2013Q4 oaks Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value Disclosure
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValueDisclosure
94622793 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve Acquisitions
ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveAcquisitions
3990482 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve Acquisitions
ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveAcquisitions
37793143 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve Accretion Of Net Discount
ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveAccretionOfNetDiscount
0 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve Accretion Of Net Discount
ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveAccretionOfNetDiscount
0 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve Realized Credit Losses
ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveRealizedCreditLosses
961281 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve Realized Credit Losses
ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveRealizedCreditLosses
3087184 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve Release Of Credit Reseves
ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveReleaseOfCreditReseves
0 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve Release Of Credit Reseves
ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserveReleaseOfCreditReseves
4848362 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve
ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserve
29857597 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Amortized Cost Unamortized Discount Designated Credit Reserve
ResidentialMortgagedBackedSecuritiesAmortizedCostUnamortizedDiscountDesignatedCreditReserve
32886798 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount Acquisitions
ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscountAcquisitions
37669863 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount Acquisitions
ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscountAcquisitions
29569939 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount Accretion Of Net Discount
ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscountAccretionOfNetDiscount
5138256 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount Accretion Of Net Discount
ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscountAccretionOfNetDiscount
3647915 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount Realized Credit Losses
ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscountRealizedCreditLosses
0 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount Realized Credit Losses
ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscountRealizedCreditLosses
0 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount Release Of Credit Reseves
ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscountReleaseOfCreditReseves
0 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount Release Of Credit Reseves
ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscountReleaseOfCreditReseves
-4848362 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount
ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscount
30770386 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Amortized Cost Net Unamortized Discount
ResidentialMortgagedBackedSecuritiesAmortizedCostNetUnamortizedDiscount
63301993 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves Acquisitions
ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesAcquisitions
41660345 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves Acquisitions
ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesAcquisitions
67363082 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves Accretion Of Net Discount
ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesAccretionOfNetDiscount
5138256 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves Accretion Of Net Discount
ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesAccretionOfNetDiscount
3647915 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves Realized Credit Losses
ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesRealizedCreditLosses
961281 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves Realized Credit Losses
ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesRealizedCreditLosses
3087184 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves Release Of Credit Reseves
ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesReleaseOfCreditReseves
0 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves Release Of Credit Reseves
ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReservesReleaseOfCreditReseves
0 USD
CY2013Q4 oaks Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves
ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReserves
60627983 USD
CY2014Q2 oaks Residential Mortgaged Backed Securities Unamortized Net Discount And Designated Credit Reserves
ResidentialMortgagedBackedSecuritiesUnamortizedNetDiscountAndDesignatedCreditReserves
96188791 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-26435355 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
12467755 USD
CY2013Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-25738658 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
61988 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-5563982 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-5563982 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-26435355 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
18031737 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-25738658 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5625970 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-16939187 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18798577 USD
CY2013Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-17768278 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
9414656 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
11065533 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-1692593 USD
CY2013Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
11136853 USD
CY2014Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-849826 USD
oaks Derivative Instrument Unrecognized Unrealized Appreciation Depreciation Net
DerivativeInstrumentUnrecognizedUnrealizedAppreciationDepreciationNet
7099900 USD
oaks Derivative Instrument Unrecognized Unrealized Appreciation Depreciation Net
DerivativeInstrumentUnrecognizedUnrealizedAppreciationDepreciationNet
-11100869 USD
CY2013Q2 oaks Derivative Instrument Unrecognized Unrealized Appreciation Depreciation Net
DerivativeInstrumentUnrecognizedUnrealizedAppreciationDepreciationNet
7620892 USD
CY2014Q2 oaks Derivative Instrument Unrecognized Unrealized Appreciation Depreciation Net
DerivativeInstrumentUnrecognizedUnrealizedAppreciationDepreciationNet
-5968542 USD
oaks Derivative Instrument Total Gain Loss
DerivativeInstrumentTotalGainLoss
18165433 USD
oaks Derivative Instrument Total Gain Loss
DerivativeInstrumentTotalGainLoss
-12793462 USD
CY2013Q2 oaks Derivative Instrument Total Gain Loss
DerivativeInstrumentTotalGainLoss
18757745 USD
CY2014Q2 oaks Derivative Instrument Total Gain Loss
DerivativeInstrumentTotalGainLoss
-6818368 USD
CY2014Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
655659721 USD
CY2013Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
480568925 USD
CY2014Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
10727322 USD
CY2013Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
1231667 USD
oaks Management Fee Percentage
ManagementFeePercentage
0.015 pure
CY2014Q2 us-gaap Management Fee Payable
ManagementFeePayable
225000 USD
oaks Stock Issued During Period Value New Issues One
StockIssuedDuringPeriodValueNewIssuesOne
73684805 USD
oaks Stock Issued During Period Value New Issues Two
StockIssuedDuringPeriodValueNewIssuesTwo
19103574 USD
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
35696 USD
us-gaap Dividends Common Stock
DividendsCommonStock
7191938 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
1116495 USD
us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
86731 USD
oaks Realized Loss On Sale Of Investments
RealizedLossOnSaleOfInvestments
14667580 USD
oaks Realized Loss On Sale Of Investments
RealizedLossOnSaleOfInvestments
4591068 USD
oaks Unrealized Gain Loss On Linked Transactions Net
UnrealizedGainLossOnLinkedTransactionsNet
-617334 USD
oaks Unrealized Gain Loss On Linked Transactions Net
UnrealizedGainLossOnLinkedTransactionsNet
9339380 USD
oaks Realized Gain Loss On Swap And Swaption Agreements
RealizedGainLossOnSwapAndSwaptionAgreements
11649504 USD
oaks Realized Gain Loss On Swap And Swaption Agreements
RealizedGainLossOnSwapAndSwaptionAgreements
-1692593 USD
us-gaap Restricted Stock Expense
RestrictedStockExpense
49964 USD
us-gaap Restricted Stock Expense
RestrictedStockExpense
-35696 USD
us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
1412560 USD
us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
427882 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
221407 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
170475 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
143655 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-12147 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
285000 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
230000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
120805 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-56215 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4912730 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7045927 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
919943794 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
214616170 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
353258001 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
86186338 USD
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
11760171 USD
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
-1333187 USD
us-gaap Proceeds From Hedge Investing Activities
ProceedsFromHedgeInvestingActivities
0 USD
us-gaap Proceeds From Hedge Investing Activities
ProceedsFromHedgeInvestingActivities
24902344 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
0 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
-25093750 USD
oaks Principal Payments To Acquire Available For Sale Securities
PrincipalPaymentsToAcquireAvailableForSaleSecurities
-16394846 USD
oaks Principal Payments To Acquire Available For Sale Securities
PrincipalPaymentsToAcquireAvailableForSaleSecurities
-18412683 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
21698852 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
30065505 USD
us-gaap Payments For Securities Purchased Under Agreements To Resell
PaymentsForSecuritiesPurchasedUnderAgreementsToResell
0 USD
us-gaap Payments For Securities Purchased Under Agreements To Resell
PaymentsForSecuritiesPurchasedUnderAgreementsToResell
-15492311 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-560901628 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-130951011 USD
us-gaap Payments To Acquire Receivables
PaymentsToAcquireReceivables
0 USD
us-gaap Payments To Acquire Receivables
PaymentsToAcquireReceivables
418520 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
84000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
73684805 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
10041 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
17282653 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
22752012 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3608759 USD
us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
16321000 USD
us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
136536000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
573271551 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
146657096 USD
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Registrant Name
EntityRegistrantName
Five Oaks Investment Corp.
dei Entity Central Index Key
EntityCentralIndexKey
0001547546
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Trading Symbol
TradingSymbol
OAKS
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
19103574 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
110000 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
-915512 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
688281 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3985896 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
7191938 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
2326 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1129647 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1803358000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2049592286 USD
us-gaap Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
23982780 USD
us-gaap Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
173775114 USD
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
20891412 USD
us-gaap Interest Paid
InterestPaid
3184782 USD
us-gaap Interest Paid
InterestPaid
1180173 USD
CY2013Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
0 USD
oaks Available For Sale Securities Change In Net Unrealized Holding Gain Loss Non Cash Item
AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNonCashItem
-26435355 USD
oaks Available For Sale Securities Change In Net Unrealized Holding Gain Loss Non Cash Item
AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNonCashItem
18031737 USD
CY2014Q2 us-gaap Deferred Offering Costs
DeferredOfferingCosts
688281 USD
CY2013Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
0 USD
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
14714250 shares
us-gaap Dividends Common Stock
DividendsCommonStock
3765063 USD
CY2013Q2 us-gaap Dividends Common Stock
DividendsCommonStock
3325163 USD
CY2014Q2 us-gaap Dividends Common Stock
DividendsCommonStock
4008469 USD
us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
2326 USD
us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
1116495 USD
CY2013Q2 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
0 USD
CY2014Q2 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
635923 USD
us-gaap Dividends
Dividends
3767389 USD
us-gaap Dividends
Dividends
8308433 USD
CY2013Q2 us-gaap Dividends
Dividends
3325163 USD
CY2014Q2 us-gaap Dividends
Dividends
4644392 USD
us-gaap Undistributed Earnings
UndistributedEarnings
5731105 USD
us-gaap Undistributed Earnings
UndistributedEarnings
-6425098 USD
CY2013Q2 us-gaap Undistributed Earnings
UndistributedEarnings
4645217 USD
CY2014Q2 us-gaap Undistributed Earnings
UndistributedEarnings
-219783 USD
CY2014Q2 oaks Proposed Maximum Aggregate Offering Price
ProposedMaximumAggregateOfferingPrice
750000000 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRemainderOfFiscalYearFairValue
0 USD
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRemainderOfFiscalYearFairValue
0 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
57571227 USD
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
0 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
513188447 USD
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
444984955 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
570759674 USD
CY2013Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
444984955 USD
CY2014Q2 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
4510797 USD
CY2013Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
0 USD
CY2014Q2 us-gaap Due From Affiliates
DueFromAffiliates
0 USD
CY2013Q4 us-gaap Due From Affiliates
DueFromAffiliates
0 USD
us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
8376715 USD
us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
8390239 USD
CY2013Q2 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
7350567 USD
CY2014Q2 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
4487279 USD
us-gaap Interest And Fee Income Loans Held For Sale Mortgages
InterestAndFeeIncomeLoansHeldForSaleMortgages
0 USD
us-gaap Interest And Fee Income Loans Held For Sale Mortgages
InterestAndFeeIncomeLoansHeldForSaleMortgages
7517 USD
CY2013Q2 us-gaap Interest And Fee Income Loans Held For Sale Mortgages
InterestAndFeeIncomeLoansHeldForSaleMortgages
0 USD
CY2014Q2 us-gaap Interest And Fee Income Loans Held For Sale Mortgages
InterestAndFeeIncomeLoansHeldForSaleMortgages
4381 USD
us-gaap Interest Income And Fees Bankers Acceptances Certificates Of Deposit And Commercial Paper
InterestIncomeAndFeesBankersAcceptancesCertificatesOfDepositAndCommercialPaper
6775 USD
us-gaap Interest Income And Fees Bankers Acceptances Certificates Of Deposit And Commercial Paper
InterestIncomeAndFeesBankersAcceptancesCertificatesOfDepositAndCommercialPaper
8593 USD
CY2013Q2 us-gaap Interest Income And Fees Bankers Acceptances Certificates Of Deposit And Commercial Paper
InterestIncomeAndFeesBankersAcceptancesCertificatesOfDepositAndCommercialPaper
5862 USD
CY2014Q2 us-gaap Interest Income And Fees Bankers Acceptances Certificates Of Deposit And Commercial Paper
InterestIncomeAndFeesBankersAcceptancesCertificatesOfDepositAndCommercialPaper
7006 USD
oaks Interest Expense Repurchase Agreements Availableforsale Securities
InterestExpenseRepurchaseAgreementsAvailableforsaleSecurities
1119174 USD
oaks Interest Expense Repurchase Agreements Availableforsale Securities
InterestExpenseRepurchaseAgreementsAvailableforsaleSecurities
1162260 USD
CY2013Q2 oaks Interest Expense Repurchase Agreements Availableforsale Securities
InterestExpenseRepurchaseAgreementsAvailableforsaleSecurities
992426 USD
CY2014Q2 oaks Interest Expense Repurchase Agreements Availableforsale Securities
InterestExpenseRepurchaseAgreementsAvailableforsaleSecurities
602038 USD
oaks Interest Expense Repurchase Agreements Loans Held For Sale Mortgages
InterestExpenseRepurchaseAgreementsLoansHeldForSaleMortgages
0 USD
oaks Interest Expense Repurchase Agreements Loans Held For Sale Mortgages
InterestExpenseRepurchaseAgreementsLoansHeldForSaleMortgages
5766 USD
CY2013Q2 oaks Interest Expense Repurchase Agreements Loans Held For Sale Mortgages
InterestExpenseRepurchaseAgreementsLoansHeldForSaleMortgages
0 USD
CY2014Q2 oaks Interest Expense Repurchase Agreements Loans Held For Sale Mortgages
InterestExpenseRepurchaseAgreementsLoansHeldForSaleMortgages
5766 USD
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
0 USD
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
93242 USD
CY2013Q2 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
0 USD
CY2014Q2 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
93242 USD
us-gaap Payments To Purchase Mortgage Loans Held For Sale
PaymentsToPurchaseMortgageLoansHeldForSale
0 USD
us-gaap Payments To Purchase Mortgage Loans Held For Sale
PaymentsToPurchaseMortgageLoansHeldForSale
4417555 USD
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
0 USD
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
672000 USD
us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
2145752286 USD
us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
2303464000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
3957697 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
0 USD
us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
10697423 USD
us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
-3760640 USD
CY2013 us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
4331610 USD
CY2013 us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
-15426564 USD
CY2014Q2 oaks Derivative Instruments Not Designated As Hedging Instruments Gross Unrealized Loss
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGrossUnrealizedLoss
276080 USD
CY2013Q4 oaks Derivative Instruments Not Designated As Hedging Instruments Gross Unrealized Loss
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGrossUnrealizedLoss
473672 USD

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