$MFA
MFA FINANCIAL, INC. Stock $mfa

$mfa Overview Financials Valuation SEC Filings Company Website

2021 Q1 Form 10-Q Financial Statement

#000105516021000007 Filed on May 06, 2021

Income Statement

Concept	2021 Q1	2020 Q1
Revenue	$81.05M	$145.5M
YoY Change	-44.28%	3.2%
Cost Of Revenue	$30.10M	$83.80M
YoY Change	-64.08%	6.08%
Gross Profit	$85.30M	-$309.4M
YoY Change	-127.57%	-373.56%
Gross Profit Margin	105.24%	-212.7%
Selling, General & Admin	$15.20M	$13.50M
YoY Change	12.59%	2.27%
% of Gross Profit	17.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization		$3.600M
YoY Change		800.0%
% of Gross Profit
Operating Expenses	-$300.0K	$175.4M
YoY Change	-100.17%	621.81%
Operating Profit	$85.60M	-$484.8M
YoY Change	-117.66%	-645.95%
Interest Expense	$30.07M	$83.76M
YoY Change	-64.1%	5.99%
% of Operating Profit	35.13%
Other Income/Expense, Net
YoY Change
Pretax Income	$85.50M	-$909.0M
YoY Change	-109.41%	-1122.5%
Income Tax	$0.00	$0.00
% Of Pretax Income	0.0%
Net Earnings	$85.52M	-$909.0M
YoY Change	-109.41%	-1122.99%
Net Earnings / Revenue	105.52%	-624.91%
Basic Earnings Per Share	$0.68	-$2.02
Diluted Earnings Per Share	$0.67	-$2.02
COMMON SHARES
Basic Shares Outstanding	112.8M shares	453.0M shares
Diluted Shares Outstanding	120.0M shares	453.0M shares

Balance Sheet

Concept	2021 Q1	2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$781.0M	$116.0M
YoY Change	573.28%	50.65%
Cash & Equivalents	$780.7M	$116.5M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$781.0M	$116.0M
YoY Change	573.28%	50.65%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$5.603B	$9.843B
YoY Change	-43.08%	-18.86%
Other Assets	$5.000M	$217.0M
YoY Change	-97.7%	416.67%
Total Long-Term Assets	$5.937B	$11.01B
YoY Change	-46.1%	-13.44%
TOTAL ASSETS
Total Short-Term Assets	$781.0M	$116.0M
Total Long-Term Assets	$5.937B	$11.01B
Total Assets	$6.718B	$11.13B
YoY Change	-39.64%	-13.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$34.00M	$67.00M
YoY Change	-49.25%	63.41%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$7.768B
YoY Change	-100.0%	-8.72%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$180.0M	$7.835B
YoY Change	-97.7%	-9.33%
LONG-TERM LIABILITIES
Long-Term Debt	$3.996B	$855.0M
YoY Change	367.37%	13.1%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$3.996B	$855.0M
YoY Change	367.37%	13.1%
TOTAL LIABILITIES
Total Short-Term Liabilities	$180.0M	$7.835B
Total Long-Term Liabilities	$3.996B	$855.0M
Total Liabilities	$4.176B	$8.690B
YoY Change	-51.95%	-7.53%
SHAREHOLDERS EQUITY
Retained Earnings	-$1.362B	-$1.548B
YoY Change	-12.06%	142.96%
Common Stock	$4.461M	$4.531M
YoY Change	-1.54%	0.58%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.542B	$2.441B
YoY Change
Total Liabilities & Shareholders Equity	$6.718B	$11.13B
YoY Change	-39.64%	-13.06%

Cashflow Statement

Concept	2021 Q1	2020 Q1
OPERATING ACTIVITIES
Net Income	$85.52M	-$909.0M
YoY Change	-109.41%	-1122.99%
Depreciation, Depletion And Amortization		$3.600M
YoY Change		800.0%
Cash From Operating Activities	$24.17M	$13.21M
YoY Change	82.87%	-64.37%
INVESTING ACTIVITIES
Capital Expenditures	$4.415M	$176.0K
YoY Change	2408.52%	-54.99%
Acquisitions
YoY Change
Other Investing Activities	$349.9M	$822.4M
YoY Change	-57.45%	-265.44%
Cash From Investing Activities	$345.5M	$822.2M
YoY Change	-57.98%	-265.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$20.56M	-$687.0K
YoY Change	-3092.29%	-224.68%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$405.3M	-$636.8M
YoY Change	-36.35%	-229.88%
NET CHANGE
Cash From Operating Activities	$24.17M	$13.21M
Cash From Investing Activities	$345.5M	$822.2M
Cash From Financing Activities	-$405.3M	-$636.8M
Net Change In Cash	-$35.66M	$198.7M
YoY Change	-117.94%	565.25%
FREE CASH FLOW
Cash From Operating Activities	$24.17M	$13.21M
Capital Expenditures	$4.415M	$176.0K
Free Cash Flow	$19.75M	$13.04M
YoY Change	51.48%	-64.47%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001055160
CY2021Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2021Q1	dei	Local Phone Number LocalPhoneNumber	207-6400
CY2021Q1	dei	Amendment Flag AmendmentFlag	false
CY2021Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2021Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
CY2021Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2021Q1	dei	Document Type DocumentType	10-Q
CY2021Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2021Q1	dei	Document Period End Date DocumentPeriodEndDate	2021-03-31
CY2021Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2021Q1	dei	Entity File Number EntityFileNumber	1-13991
CY2021Q1	dei	Entity Registrant Name EntityRegistrantName	MFA FINANCIAL, INC.
CY2021Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2021Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	13-3974868
CY2021Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	One Vanderbilt Ave., 48th Floor
CY2021Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	New York
CY2021Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	NY
CY2021Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	10017
CY2021Q1	dei	City Area Code CityAreaCode	212
CY2021Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2021Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2021Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2021Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2021Q1	dei	Entity Shell Company EntityShellCompany	false
CY2021Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	441281610	shares
CY2021Q1	us-gaap	Loans Pledged As Collateral LoansPledgedAsCollateral	2366285000	USD
CY2020Q4	us-gaap	Loans Pledged As Collateral LoansPledgedAsCollateral	2704646000	USD
CY2021Q1	mfa	Residential Whole Loans Carrying Value ResidentialWholeLoansCarryingValue	3932300000	USD
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CY2021Q1	mfa	Other Comprehensive Income Loss Change In Fair Value Of Financing Agreements At Fair Value OtherComprehensiveIncomeLossChangeInFairValueOfFinancingAgreementsAtFairValue	-235000	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	2542266000	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	3383952000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-908995000	USD
CY2020Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	687000	USD
CY2020Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	2652000	USD
CY2020Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1266000	USD
CY2020Q1	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	1059000	USD
CY2020Q1	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	-243812000	USD
CY2020Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-48533000	USD
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	2440675000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	85522000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-908995000	USD
CY2021Q1	mfa	Residential Whole Loans Gain Loss ResidentialWholeLoansGainLoss	35893000	USD
CY2020Q1	mfa	Residential Whole Loans Gain Loss ResidentialWholeLoansGainLoss	-217920000	USD
CY2021Q1	us-gaap	Debt Securities Gain Loss DebtSecuritiesGainLoss	100000	USD
CY2020Q1	us-gaap	Debt Securities Gain Loss DebtSecuritiesGainLoss	-170550000	USD
CY2021Q1	mfa	Impairmentand Other Losses On Securities Availablefor Sale And Other Assets ImpairmentandOtherLossesOnSecuritiesAvailableforSaleAndOtherAssets	0	USD
CY2020Q1	mfa	Impairmentand Other Losses On Securities Availablefor Sale And Other Assets ImpairmentandOtherLossesOnSecuritiesAvailableforSaleAndOtherAssets	419651000	USD
CY2021Q1	mfa	Accretionof Purchase Discounts AccretionofPurchaseDiscounts	16436000	USD
CY2020Q1	mfa	Accretionof Purchase Discounts AccretionofPurchaseDiscounts	12114000	USD
CY2021Q1	mfa	Amortization Of Purchase Premiums AmortizationOfPurchasePremiums	6791000	USD
CY2020Q1	mfa	Amortization Of Purchase Premiums AmortizationOfPurchasePremiums	15266000	USD
CY2021Q1	mfa	Provisionfor Creditand Valuation Losseson Residential Whole Loans And Other Financial Instruments At Carrying Value ProvisionforCreditandValuationLossesonResidentialWholeLoansAndOtherFinancialInstrumentsAtCarryingValue	-23967000	USD
CY2020Q1	mfa	Provisionfor Creditand Valuation Losseson Residential Whole Loans And Other Financial Instruments At Carrying Value ProvisionforCreditandValuationLossesonResidentialWholeLoansAndOtherFinancialInstrumentsAtCarryingValue	150711000	USD
CY2021Q1	mfa	Other Non Cash Losses Included In Net Income OtherNonCashLossesIncludedInNetIncome	5212000	USD
CY2020Q1	mfa	Other Non Cash Losses Included In Net Income OtherNonCashLossesIncludedInNetIncome	7689000	USD
CY2021Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1939000	USD
CY2020Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	37811000	USD
CY2021Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	4975000	USD
CY2020Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-9653000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	24165000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	13214000	USD
CY2021Q1	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	184707000	USD
CY2020Q1	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	1119464000	USD
CY2021Q1	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	425300000	USD
CY2020Q1	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	508855000	USD
CY2021Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	0	USD
CY2020Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	162607000	USD
CY2021Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	0	USD
CY2020Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	1009316000	USD
CY2021Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Other Investments ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments	58896000	USD
CY2020Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Other Investments ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments	539882000	USD
CY2021Q1	mfa	Purchaseof Real Estate Ownedand Capital Improvements PurchaseofRealEstateOwnedandCapitalImprovements	217000	USD
CY2020Q1	mfa	Purchaseof Real Estate Ownedand Capital Improvements PurchaseofRealEstateOwnedandCapitalImprovements	5606000	USD
CY2021Q1	mfa	Proceeds From Real Estate Owned ProceedsFromRealEstateOwned	50619000	USD
CY2020Q1	mfa	Proceeds From Real Estate Owned ProceedsFromRealEstateOwned	52042000	USD
CY2021Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4415000	USD
CY2020Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	176000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	345476000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	822242000	USD
CY2021Q1	mfa	Principal Paymentson Securities Soldunder Agreementsto Repurchaseand Other Advances PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances	821716000	USD
CY2020Q1	mfa	Principal Paymentson Securities Soldunder Agreementsto Repurchaseand Other Advances PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances	12903818000	USD
CY2021Q1	mfa	Proceedsfrom Securities Soldunder Agreementsto Repurchase With Markto Market Collateral Provisions ProceedsfromSecuritiesSoldunderAgreementstoRepurchaseWithMarktoMarketCollateralProvisions	663926000	USD
CY2020Q1	mfa	Proceedsfrom Securities Soldunder Agreementsto Repurchase With Markto Market Collateral Provisions ProceedsfromSecuritiesSoldunderAgreementstoRepurchaseWithMarktoMarketCollateralProvisions	12216862000	USD
CY2021Q1	mfa	Principal Payments On Financing Agreements With Non Mark To Market Collateral Provisions PrincipalPaymentsOnFinancingAgreementsWithNonMarkToMarketCollateralProvisions	521259000	USD
CY2020Q1	mfa	Principal Payments On Financing Agreements With Non Mark To Market Collateral Provisions PrincipalPaymentsOnFinancingAgreementsWithNonMarkToMarketCollateralProvisions	37418000	USD
CY2021Q1	mfa	Proceeds From Borrowings On Financing Agreements With Non Mark To Market Collateral Provisions ProceedsFromBorrowingsOnFinancingAgreementsWithNonMarkToMarketCollateralProvisions	437915000	USD
CY2020Q1	mfa	Proceeds From Borrowings On Financing Agreements With Non Mark To Market Collateral Provisions ProceedsFromBorrowingsOnFinancingAgreementsWithNonMarkToMarketCollateralProvisions	0	USD
CY2021Q1	mfa	Payments Madefor Securitization Related Cost PaymentsMadeforSecuritizationRelatedCost	1371000	USD
CY2020Q1	mfa	Payments Madefor Securitization Related Cost PaymentsMadeforSecuritizationRelatedCost	0	USD
CY2021Q1	mfa	Principal Payment On Redemption Of Senior Notes PrincipalPaymentOnRedemptionOfSeniorNotes	100000000	USD
CY2020Q1	mfa	Principal Payment On Redemption Of Senior Notes PrincipalPaymentOnRedemptionOfSeniorNotes	0	USD
CY2021Q1	mfa	Payments Made For Margin Calls On Repurchase Agreements And Derivatives PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives	0	USD
CY2020Q1	mfa	Payments Made For Margin Calls On Repurchase Agreements And Derivatives PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives	88405000	USD
CY2021Q1	us-gaap	Proceeds From Issuance Of Redeemable Preferred Stock ProceedsFromIssuanceOfRedeemablePreferredStock	0	USD
CY2020Q1	us-gaap	Proceeds From Issuance Of Redeemable Preferred Stock ProceedsFromIssuanceOfRedeemablePreferredStock	275000000	USD
CY2021Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0	USD
CY2020Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	8912000	USD
CY2021Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	376000	USD
CY2020Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	687000	USD
CY2021Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	20933000	USD
CY2020Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2021Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	8219000	USD
CY2020Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	0	USD
CY2021Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	34015000	USD
CY2020Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	90749000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-405296000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-636753000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-35655000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	198703000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	821519000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	134664000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	785864000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	333367000	USD
CY2021Q1	us-gaap	Interest Paid Net InterestPaidNet	29554000	USD
CY2020Q1	us-gaap	Interest Paid Net InterestPaidNet	80158000	USD
CY2021Q1	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	20068000	USD
CY2020Q1	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	50693000	USD
CY2021Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	33640000	USD
CY2020Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	0	USD
CY2021Q1	mfa	Noncash Payablefor Unsettled Loan Purchases NoncashPayableforUnsettledLoanPurchases	112202000	USD
CY2020Q1	mfa	Noncash Payablefor Unsettled Loan Purchases NoncashPayableforUnsettledLoanPurchases	0	USD
CY2021Q1	mfa	Receivable For Unsettled Residential Whole Loan And Securities Sales ReceivableForUnsettledResidentialWholeLoanAndSecuritiesSales	0	USD
CY2020Q1	mfa	Receivable For Unsettled Residential Whole Loan And Securities Sales ReceivableForUnsettledResidentialWholeLoanAndSecuritiesSales	419583000	USD
CY2021Q1	us-gaap	Nature Of Operations NatureOfOperations	Organization <div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">MFA Financial, Inc. (the “Company”) was incorporated in Maryland on July 24, 1997 and began operations on April 10, 1998. The Company has elected to be treated as a real estate investment trust (“REIT”) for U.S. federal income tax purposes. In order to maintain its qualification as a REIT, the Company must comply with a number of requirements under federal tax law, including that it must distribute at least 90% of its annual REIT taxable income to its stockholders. The Company has elected to treat certain of its subsidiaries as taxable REIT subsidiaries (“TRS”). In general, a TRS may hold assets and engage in activities that the Company cannot hold or engage in directly and generally may engage in any real estate or non-real estate related business (see Note 2(m)).</span></div>
CY2021Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2021Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2021Q1	mfa	Number Of Days Considered To Classify Loans Delinquent NumberOfDaysConsideredToClassifyLoansDelinquent	P60D
CY2021Q1	mfa	Number Of Days Considered To Classify Loans Delinquent NumberOfDaysConsideredToClassifyLoansDelinquent	P60D
CY2021Q1	mfa	Ratio Loan To Value RatioLoanToValue	0.80
CY2021Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	780700000	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	814400000	USD
CY2021Q1	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	721700000	USD
CY2020Q4	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	752400000	USD
CY2021Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	5200000	USD
CY2020Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	7200000	USD
CY2021Q1	mfa	Repurchase Agreements Financing Period Low End Of Range RepurchaseAgreementsFinancingPeriodLowEndOfRange	P1M
CY2021Q1	mfa	Repurchase Agreements Financing Period High End Of Range RepurchaseAgreementsFinancingPeriodHighEndOfRange	P6M
CY2021Q1	mfa	Repurchase Agreements Financing Collateralized Period High Endof Range RepurchaseAgreementsFinancingCollateralizedPeriodHighEndofRange	P12M
CY2021Q1	mfa	Percentage Of Annual Reit Taxable Income Distributed To Stockholders PercentageOfAnnualREITTaxableIncomeDistributedToStockholders	1
CY2021Q1	mfa	Percentage Of Annual Reit Taxable Income Distributed To Stockholders PercentageOfAnnualREITTaxableIncomeDistributedToStockholders	1
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2021Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	USD
CY2020Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	USD
CY2021Q1	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	-74400000	USD
CY2021Q1	mfa	Loans Including Fair Value Loans Credit Impaired Loansand Other Loansat Carrying Value LoansIncludingFairValueLoansCreditImpairedLoansandOtherLoansatCarryingValue	5200000000	USD
CY2020Q4	mfa	Loans Including Fair Value Loans Credit Impaired Loansand Other Loansat Carrying Value LoansIncludingFairValueLoansCreditImpairedLoansandOtherLoansatCarryingValue	5300000000	USD
CY2021Q1	mfa	Purchased Performing Loans PurchasedPerformingLoans	3287689000	USD
CY2020Q4	mfa	Purchased Performing Loans PurchasedPerformingLoans	3521624000	USD
CY2021Q1	us-gaap	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet	644611000	USD
CY2020Q4	us-gaap	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet	673708000	USD
CY2021Q1	mfa	Residential Whole Loans Carrying Value ResidentialWholeLoansCarryingValue	3932300000	USD
CY2020Q4	mfa	Residential Whole Loans Carrying Value ResidentialWholeLoansCarryingValue	4195332000	USD
CY2021Q1	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	63244000	USD
CY2020Q4	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	86833000	USD
CY2021Q1	mfa	Residential Whole Loans Net ResidentialWholeLoansNet	3869056000	USD
CY2020Q4	mfa	Residential Whole Loans Net ResidentialWholeLoansNet	4108499000	USD
CY2021Q1	mfa	Residential Whole Loans ResidentialWholeLoans	12575	loan
CY2020Q4	mfa	Residential Whole Loans ResidentialWholeLoans	13112	loan
CY2021Q1	mfa	Number Of Whole Loans Sold NumberOfWholeLoansSold	0	loan
CY2020Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	86833000	USD
CY2021Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-22372000	USD
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	1217000	USD
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	63244000	USD
CY2019Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	3025000	USD
CY2020Q1	mfa	Financing Receivable Allowancefor Credit Loss Adoptionof New Accounting Principle FinancingReceivableAllowanceforCreditLossAdoptionofNewAccountingPrinciple	70555000	USD
CY2020Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	74897000	USD
CY2020Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	647000	USD
CY2020Q1	mfa	Financing Receivable Valuation Allowance Adjustment FinancingReceivableValuationAllowanceAdjustment	70181000	USD
CY2020Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	218011000	USD
CY2020Q1	mfa	Financing Receivable Allowancefor Credit Loss Adoptionof New Accounting Principle FinancingReceivableAllowanceforCreditLossAdoptionofNewAccountingPrinciple	70600000	USD
CY2020Q1	mfa	Financing Receivable Gross Upof Amortized Costof Purchased Credit Deteriorated Loans FinancingReceivableGrossUpofAmortizedCostofPurchasedCreditDeterioratedLoans	62400000	USD
CY2021Q1	us-gaap	Financing Receivable Nonaccrual Interest Income FinancingReceivableNonaccrualInterestIncome	0	USD
CY2020Q1	us-gaap	Financing Receivable Nonaccrual Interest Income FinancingReceivableNonaccrualInterestIncome	0	USD
CY2021Q1	us-gaap	Financing Receivable Originated In Current Fiscal Year FinancingReceivableOriginatedInCurrentFiscalYear	119691000	USD
CY2021Q1	us-gaap	Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear	546721000	USD
CY2021Q1	us-gaap	Financing Receivable Originated Two Years Before Latest Fiscal Year FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear	1650170000	USD
CY2021Q1	us-gaap	Financing Receivable Originated Three Years Before Latest Fiscal Year FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear	751683000	USD
CY2021Q1	us-gaap	Financing Receivable Originated Four Years Before Latest Fiscal Year FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear	86491000	USD
CY2021Q1	us-gaap	Financing Receivable Originated Five Or More Years Before Latest Fiscal Year FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear	777544000	USD
CY2021Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	3932300000	USD
CY2021Q1	mfa	Financing Receivable Originated In Fiscal Year Before Fiscal Year Gross Write Offs FinancingReceivableOriginatedInFiscalYearBeforeFiscalYearGrossWriteOffs	0	USD
CY2021Q1	mfa	Financing Receivable Originated Two Yearsbefore Latest Fiscal Year Gross Write Offs FinancingReceivableOriginatedTwoYearsbeforeLatestFiscalYearGrossWriteOffs	991000	USD
CY2021Q1	mfa	Financing Receivable Originated Three Years Before Latest Fiscal Year Gross Write Offs FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYearGrossWriteOffs	12000	USD
CY2021Q1	mfa	Financing Receivable Originated Fiveor More Yearsbefore Latest Fiscal Year Gross Write Offs FinancingReceivableOriginatedFiveorMoreYearsbeforeLatestFiscalYearGrossWriteOffs	214000	USD
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	1217000	USD
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	0	USD
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	0	USD
CY2021Q1	mfa	Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year Net Write Offs FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYearNetWriteOffs	0	USD
CY2021Q1	mfa	Financing Receivable Originated Two Yearsbefore Latest Fiscal Year Net Write Offs FinancingReceivableOriginatedTwoYearsbeforeLatestFiscalYearNetWriteOffs	991000	USD
CY2021Q1	mfa	Financing Receivable Originated Three Years Before Latest Fiscal Year Net Write Offs FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYearNetWriteOffs	12000	USD
CY2021Q1	mfa	Financing Receivable Originated Fiveor More Yearsbefore Latest Fiscal Year Net Write Offs FinancingReceivableOriginatedFiveorMoreYearsbeforeLatestFiscalYearNetWriteOffs	214000	USD
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Loss Writeoff After Recovery FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery	1217000	USD
CY2021Q1	mfa	Certain Loans Acquiredin Transfer Not Accountedforas Debt Securities Acquired During Periodat Acquisitionat Fair Value Excluding Unsettled Loans CertainLoansAcquiredinTransferNotAccountedforasDebtSecuritiesAcquiredDuringPeriodatAcquisitionatFairValueExcludingUnsettledLoans	1207997000	USD
CY2020Q4	mfa	Certain Loans Acquiredin Transfer Not Accountedforas Debt Securities Acquired During Periodat Acquisitionat Fair Value Excluding Unsettled Loans CertainLoansAcquiredinTransferNotAccountedforasDebtSecuritiesAcquiredDuringPeriodatAcquisitionatFairValueExcludingUnsettledLoans	1216902000	USD
CY2021Q1	mfa	Unsettled Residential Whole Loans UnsettledResidentialWholeLoans	112200000	USD
CY2021Q1	mfa	Residential Whole Loans Fair Value Net Income Loss Coupon Payments Realized Gains And Other Income Received ResidentialWholeLoansFairValueNetIncomeLossCouponPaymentsRealizedGainsAndOtherIncomeReceived	16676000	USD
CY2020Q1	mfa	Residential Whole Loans Fair Value Net Income Loss Coupon Payments Realized Gains And Other Income Received ResidentialWholeLoansFairValueNetIncomeLossCouponPaymentsRealizedGainsAndOtherIncomeReceived	19036000	USD
CY2021Q1	mfa	Residential Whole Loans Fair Value Net Income Loss Unrealized Gains Losses Net ResidentialWholeLoansFairValueNetIncomeLossUnrealizedGainsLossesNet	32088000	USD
CY2020Q1	mfa	Residential Whole Loans Fair Value Net Income Loss Unrealized Gains Losses Net ResidentialWholeLoansFairValueNetIncomeLossUnrealizedGainsLossesNet	-74556000	USD
CY2021Q1	mfa	Residential Whole Loans Fair Value Net Income Loss Gain Losson Transfersto Reo ResidentialWholeLoansFairValueNetIncomeLossGainLossonTransferstoREO	1045000	USD
CY2020Q1	mfa	Residential Whole Loans Fair Value Net Income Loss Gain Losson Transfersto Reo ResidentialWholeLoansFairValueNetIncomeLossGainLossonTransferstoREO	2760000	USD
CY2021Q1	mfa	Mortgage Loanson Real Estate Gain Losson Loansat Fair Value MortgageLoansonRealEstateGainLossonLoansatFairValue	49809000	USD
CY2020Q1	mfa	Mortgage Loanson Real Estate Gain Losson Loansat Fair Value MortgageLoansonRealEstateGainLossonLoansatFairValue	-52760000	USD
CY2021Q1	mfa	Mortgage Backed Securities Period Of Fixed Rate Mortgages Minimum MortgageBackedSecuritiesPeriodOfFixedRateMortgagesMinimum	P15Y
CY2021Q1	mfa	Mortgage Backed Securities Periodof Fixed Rate Mortgages Maximum MortgageBackedSecuritiesPeriodofFixedRateMortgagesMaximum	P30Y
CY2021Q1	us-gaap	Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Available For Sale ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale	0	USD
CY2021Q1	us-gaap	Gain Loss On Sales Of Mortgage Backed Securities Mbs GainLossOnSalesOfMortgageBackedSecuritiesMBS	0	USD
CY2020Q1	us-gaap	Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Available For Sale ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale	1265162000	USD
CY2020Q1	us-gaap	Gain Loss On Sales Of Mortgage Backed Securities Mbs GainLossOnSalesOfMortgageBackedSecuritiesMBS	-67995000	USD
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CY2021Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	31567000	USD
CY2020Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	33002000	USD
CY2021Q1	us-gaap	Other Assets OtherAssets	392726000	USD
CY2020Q4	us-gaap	Other Assets OtherAssets	385381000	USD
CY2021Q1	mfa	Real Estate Heldfor Investment RealEstateHeldforInvestment	61100000	USD
CY2020Q4	mfa	Real Estate Heldfor Investment RealEstateHeldforInvestment	61800000	USD
CY2021Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	835	property
CY2021Q1	us-gaap	Real Estate Investments RealEstateInvestments	220400000	USD
CY2020Q4	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	946	property
CY2020Q4	us-gaap	Real Estate Investments RealEstateInvestments	249700000	USD
CY2021Q1	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	218000000.0	USD
CY2020Q4	us-gaap	Real Estate Investments RealEstateInvestments	249699000	USD
CY2019Q4	us-gaap	Real Estate Investments RealEstateInvestments	411659000	USD
CY2021Q1	us-gaap	Real Estate Owned Valuation Allowance Amounts Applied RealEstateOwnedValuationAllowanceAmountsApplied	874000	USD
CY2020Q1	us-gaap	Real Estate Owned Valuation Allowance Amounts Applied RealEstateOwnedValuationAllowanceAmountsApplied	4750000	USD
CY2021Q1	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	20068000	USD
CY2020Q1	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	50693000	USD
CY2021Q1	mfa	Real Estate Investments Additions RealEstateInvestmentsAdditions	217000	USD
CY2020Q1	mfa	Real Estate Investments Additions RealEstateInvestmentsAdditions	5809000	USD
CY2021Q1	mfa	Real Estate Investments Disposals RealEstateInvestmentsDisposals	48386000	USD
CY2020Q1	mfa	Real Estate Investments Disposals RealEstateInvestmentsDisposals	51735000	USD
CY2021Q1	us-gaap	Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense	331000	USD
CY2020Q1	us-gaap	Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense	203000	USD
CY2021Q1	us-gaap	Real Estate Investments RealEstateInvestments	220393000	USD
CY2020Q1	us-gaap	Real Estate Investments RealEstateInvestments	411473000	USD
CY2021Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	835	property
CY2020Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	1622	property
CY2021Q1	mfa	Gainrecordedontransferfromresidentialwholeloanstorealestateowned Gainrecordedontransferfromresidentialwholeloanstorealestateowned	1100000	USD
CY2020Q1	mfa	Gainrecordedontransferfromresidentialwholeloanstorealestateowned Gainrecordedontransferfromresidentialwholeloanstorealestateowned	3000000.0	USD
CY2021Q1	mfa	Numberof Real Estate Properties Sold During Period NumberofRealEstatePropertiesSoldDuringPeriod	177	property
CY2020Q1	mfa	Numberof Real Estate Properties Sold During Period NumberofRealEstatePropertiesSoldDuringPeriod	249	property
CY2021Q1	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	50600000	USD
CY2020Q1	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	54800000	USD
CY2021Q1	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	2200000	USD
CY2020Q1	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	3100000	USD
CY2020Q4	us-gaap	Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax AociLossCashFlowHedgeCumulativeGainLossAfterTax	0	USD
CY2019Q4	us-gaap	Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax AociLossCashFlowHedgeCumulativeGainLossAfterTax	-22675000	USD
CY2021Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	0	USD
CY2020Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-50127000	USD
CY2021Q1	mfa	Other Comprehensive Income Loss Amortizationof De Designated Hedging Instrumentsafter Reclassificationand Tax OtherComprehensiveIncomeLossAmortizationofDeDesignatedHedgingInstrumentsafterReclassificationandTax	0	USD
CY2020Q1	mfa	Other Comprehensive Income Loss Amortizationof De Designated Hedging Instrumentsafter Reclassificationand Tax OtherComprehensiveIncomeLossAmortizationofDeDesignatedHedgingInstrumentsafterReclassificationandTax	1594000	USD
CY2021Q1	us-gaap	Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax AociLossCashFlowHedgeCumulativeGainLossAfterTax	0	USD
CY2020Q1	us-gaap	Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax AociLossCashFlowHedgeCumulativeGainLossAfterTax	-71208000	USD
CY2021Q1	mfa	Financing Agreements Unpaid Principal Balance FinancingAgreementsUnpaidPrincipalBalance	3998346000	USD
CY2021Q1	mfa	Financing Agreements Fair Valueand Carrying Value FinancingAgreementsFairValueandCarryingValue	3995982000	USD
CY2020Q4	mfa	Financing Agreements Unpaid Principal Balance FinancingAgreementsUnpaidPrincipalBalance	4339479000	USD
CY2020Q4	mfa	Financing Agreements Fair Valueand Carrying Value FinancingAgreementsFairValueandCarryingValue	4336976000	USD
CY2021Q1	mfa	Repurchase Agreements Number Of Counterparties RepurchaseAgreementsNumberOfCounterparties	7	counterparty
CY2020Q4	mfa	Repurchase Agreements Number Of Counterparties RepurchaseAgreementsNumberOfCounterparties	7	counterparty
CY2021Q1	mfa	Repurchase Agreement Counterparty Risk As Percentage Of Stockholders Equity RepurchaseAgreementCounterpartyRiskAsPercentageOfStockholdersEquity	0.05
CY2021Q1	us-gaap	Pledged Assets Separately Reported Securities Pledged For Repurchase Agreements At Fair Value PledgedAssetsSeparatelyReportedSecuritiesPledgedForRepurchaseAgreementsAtFairValue	3800000000	USD
CY2020Q4	us-gaap	Pledged Assets Separately Reported Securities Pledged For Repurchase Agreements At Fair Value PledgedAssetsSeparatelyReportedSecuritiesPledgedForRepurchaseAgreementsAtFairValue	4200000000	USD
CY2021Q1	mfa	Pledged Financial Instruments Not Separately Reported Securities Pledged Aggregate Fair Value And Accrued Interest PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledgedAggregateFairValueAndAccruedInterest	20900000	USD
CY2020Q4	mfa	Pledged Financial Instruments Not Separately Reported Securities Pledged Aggregate Fair Value And Accrued Interest PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledgedAggregateFairValueAndAccruedInterest	24600000	USD
CY2021Q1	us-gaap	Securities Sold Under Agreements To Repurchase Fair Value Of Collateral SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral	3800000000	USD
CY2020Q4	us-gaap	Securities Sold Under Agreements To Repurchase Fair Value Of Collateral SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral	4200000000	USD
CY2020Q4	us-gaap	Derivative Liability Fair Value Of Collateral DerivativeLiabilityFairValueOfCollateral	0	USD
CY2021Q1	us-gaap	Derivative Liability Fair Value Of Collateral DerivativeLiabilityFairValueOfCollateral	0	USD
CY2021Q1	mfa	Accounts Payable Related To Unsettled Residential Whole Loan Purchases AccountsPayableRelatedToUnsettledResidentialWholeLoanPurchases	112202000	USD
CY2020Q4	mfa	Accounts Payable Related To Unsettled Residential Whole Loan Purchases AccountsPayableRelatedToUnsettledResidentialWholeLoanPurchases	0	USD
CY2021Q1	mfa	Dividendsand Dividend Equivalents Payable DividendsandDividendEquivalentsPayable	33640000	USD
CY2013Q4	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	6600000	shares
CY2020Q4	mfa	Dividendsand Dividend Equivalents Payable DividendsandDividendEquivalentsPayable	34016000	USD
CY2021Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	10948000	USD
CY2020Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	11116000	USD
CY2021Q1	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	22922000	USD
CY2020Q4	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	25390000	USD
CY2021Q1	us-gaap	Other Liabilities OtherLiabilities	179712000	USD
CY2020Q4	us-gaap	Other Liabilities OtherLiabilities	70522000	USD
CY2021Q1	mfa	Repurchase Loans Allowance RepurchaseLoansAllowance	0	USD
CY2021Q1	mfa	Unfunded Commitment UnfundedCommitment	54400000	USD
CY2020Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	250000000	USD
CY2013Q4	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	10000000.0	shares
CY2021Q1	mfa	Stock Repurchase Program Stock Repurchased And Retired During Period Shares StockRepurchaseProgramStockRepurchasedAndRetiredDuringPeriodShares	5946678	shares
CY2021Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	4.09
CY2021Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	24300000	USD
CY2021Q1	mfa	Payments For Fees Related To Repurchase Of Shares PaymentsForFeesRelatedToRepurchaseOfShares	59000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-3620000	USD
CY2021Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	0	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-3620000	USD
CY2020Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	74283000	USD
CY2020Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	366628000	USD
CY2020Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-292345000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	85522000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-908995000	USD
CY2021Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	8219000	USD
CY2020Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	5215000	USD
CY2021Q1	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	28920000	shares
CY2021Q1	mfa	Participating Securities Distributedand Undistributed Earnings Loss Basicand Diluted ParticipatingSecuritiesDistributedandUndistributedEarningsLossBasicandDiluted	274000	USD
CY2020Q1	mfa	Participating Securities Distributedand Undistributed Earnings Loss Basicand Diluted ParticipatingSecuritiesDistributedandUndistributedEarningsLossBasicandDiluted	0	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	77029000	USD
CY2020Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-914210000	USD
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	451135000	shares
CY2020Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	452979000	shares
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.17
CY2020Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.02
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	77029000	USD
CY2020Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-914210000	USD
CY2021Q1	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	3909000	USD
CY2020Q1	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	80938000	USD
CY2020Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-914210000	USD
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	451135000	shares
CY2020Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	452979000	shares
CY2020Q1	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	480055000	shares
CY2020Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	452979000	shares
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.17
CY2020Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.02
CY2021Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3100000	shares
CY2021Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	18000000.0	shares
CY2021Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	12500000	shares
CY2021Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1688000	USD
CY2020Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1273000	USD
CY2021Q1	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	1670314000	USD
CY2021Q1	us-gaap	Other Liabilities Fair Value Disclosure OtherLiabilitiesFairValueDisclosure	753008000	USD
CY2020Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	1616901000	USD
CY2020Q4	us-gaap	Other Liabilities Fair Value Disclosure OtherLiabilitiesFairValueDisclosure	869482000	USD
CY2021Q1	mfa	Unsettled Residential Whole Loans UnsettledResidentialWholeLoans	112200000	USD
CY2021Q1	mfa	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period At Acquisition At Fair Value Level3 Excluding Loan Purchase Price CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValueLevel3ExcludingLoanPurchasePrice	1207731000	USD
CY2020Q4	mfa	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period At Acquisition At Fair Value Level3 Excluding Loan Purchase Price CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValueLevel3ExcludingLoanPurchasePrice	1216637000	USD
CY2021Q1	mfa	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period At Acquisition At Fair Value Purchases Excludedfrom Level3 Fair Value Methodology Disclosures CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValuePurchasesExcludedfromLevel3FairValueMethodologyDisclosures	112500000	USD
CY2020Q4	mfa	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period At Acquisition At Fair Value Purchases Excludedfrom Level3 Fair Value Methodology Disclosures CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValuePurchasesExcludedfromLevel3FairValueMethodologyDisclosures	265000	USD
CY2021Q1	mfa	Other Real Estate Fair Value OtherRealEstateFairValue	20100000	USD
CY2020Q4	mfa	Other Real Estate Fair Value OtherRealEstateFairValue	50700000	USD
CY2021Q1	mfa	Financing Receivable Unpaid Principal Balance Excluded FinancingReceivableUnpaidPrincipalBalanceExcluded	41600000	USD
CY2021Q1	mfa	Loans Including Fair Value Loans Credit Impaired Loansand Other Loansat Carrying Value LoansIncludingFairValueLoansCreditImpairedLoansandOtherLoansatCarryingValue	5200000000	USD
CY2020Q4	mfa	Loans Including Fair Value Loans Credit Impaired Loansand Other Loansat Carrying Value LoansIncludingFairValueLoansCreditImpairedLoansandOtherLoansatCarryingValue	5300000000	USD
CY2021Q1	mfa	Residential Whole Loans Net ResidentialWholeLoansNet	3900000000	USD
CY2020Q4	mfa	Residential Whole Loans Net ResidentialWholeLoansNet	4100000000	USD
CY2021Q1	us-gaap	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period At Acquisition At Fair Value CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue	1300000000	USD
CY2020Q4	us-gaap	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period At Acquisition At Fair Value CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue	1200000000	USD
CY2021Q1	mfa	Unsettled Residential Whole Loans UnsettledResidentialWholeLoans	112200000	USD
CY2021Q1	mfa	Unsettled Residential Whole Loans UnsettledResidentialWholeLoans	112200000	USD
CY2021Q1	mfa	Stock Repurchase Program Stock Repurchased And Retired During Period Shares StockRepurchaseProgramStockRepurchasedAndRetiredDuringPeriodShares	5946678	shares
CY2021Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	4.09
CY2021Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	24300000	USD
CY2021Q1	mfa	Payments For Fees Related To Repurchase Of Shares PaymentsForFeesRelatedToRepurchaseOfShares	59000	USD

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MFA FINANCIAL, INC. Stock $mfa

2021 Q1 Form 10-Q Financial Statement

#000105516021000007 Filed on May 06, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MFA MFA FINANCIAL, INC. Stock $mfa

2021 Q1 Form 10-Q Financial Statement

#000105516021000007 Filed on May 06, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MFA
MFA FINANCIAL, INC. Stock $mfa