2013 Q2 Form 10-Q Financial Statement

#000110465913035797 Filed on May 01, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2013 Q1 2012 Q1
Revenue $120.7M $122.7M $123.5M
YoY Change -3.87% -0.64% 12.42%
Cost Of Revenue $38.50M $40.20M $4.100M
YoY Change -51.14% 880.49% 156.25%
Gross Profit $86.30M $85.80M $130.1M
YoY Change 49.57% -34.05% 20.13%
Gross Profit Margin 71.52% 69.91% 105.32%
Selling, General & Admin $10.80M $8.500M $8.400M
YoY Change 28.57% 1.19% 10.53%
% of Gross Profit 12.51% 9.91% 6.46%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.100M $1.100M $400.0K
YoY Change 22.22% 175.0% -20.0%
% of Gross Profit 1.27% 1.28% 0.31%
Operating Expenses $10.80M $8.400M $44.50M
YoY Change -138.85% -81.12% 9.61%
Operating Profit $75.50M $77.40M $85.60M
YoY Change -11.7% -9.58% 26.44%
Interest Expense $38.48M $40.16M $40.13M
YoY Change -9.86% 0.08% 15.8%
% of Operating Profit 50.96% 51.88% 46.88%
Other Income/Expense, Net $0.00
YoY Change -100.0%
Pretax Income $75.50M $77.40M $84.70M
YoY Change 0.94% -8.62% 2.17%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0% 0.0%
Net Earnings $75.47M $77.35M $84.71M
YoY Change 0.95% -8.69% 2.23%
Net Earnings / Revenue 62.54% 63.02% 68.58%
Basic Earnings Per Share
Diluted Earnings Per Share $208.9K $214.6K $237.8K
COMMON SHARES
Basic Shares Outstanding 361.3M shares 358.9M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q2 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $448.0M $602.0M $375.0M
YoY Change -24.45% 60.53% -40.38%
Cash & Equivalents $448.3M $601.6M $374.6M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $489.0M $644.0M $418.0M
YoY Change -23.35% 54.07% -37.89%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $7.189M $7.189M
YoY Change
Intangibles
YoY Change
Long-Term Investments $12.64B $12.95B $11.98B
YoY Change 3.57% 8.11% 13.07%
Other Assets $3.000M $5.000M $13.00M
YoY Change -66.67% -61.54% -62.86%
Total Long-Term Assets $12.71B $13.01B $12.03B
YoY Change 3.7% 8.1% 11.81%
TOTAL ASSETS
Total Short-Term Assets $489.0M $644.0M $418.0M
Total Long-Term Assets $12.71B $13.01B $12.03B
Total Assets $13.20B $13.65B $12.45B
YoY Change 2.36% 9.64% 8.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $11.00M $13.00M $12.00M
YoY Change -15.38% 8.33% 50.0%
Deferred Revenue
YoY Change
Short-Term Debt $8.909B $9.545B $8.876B
YoY Change -4.51% 7.54% 6.73%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $9.035B $9.823B $9.075B
YoY Change -5.15% 8.24% 7.92%
LONG-TERM LIABILITIES
Long-Term Debt $544.0M $0.00 $0.00
YoY Change
Other Long-Term Liabilities $453.0M $565.0M $612.0M
YoY Change -25.74% -7.68% 340.29%
Total Long-Term Liabilities $997.0M $565.0M $612.0M
YoY Change 63.44% -7.68% 340.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.035B $9.823B $9.075B
Total Long-Term Liabilities $997.0M $565.0M $612.0M
Total Liabilities $10.03B $10.39B $9.686B
YoY Change -1.02% 7.24% 13.31%
SHAREHOLDERS EQUITY
Retained Earnings -$457.6M -$444.3M
YoY Change 78.55%
Common Stock $3.621M $3.584M
YoY Change 1.46%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.165B $3.266B $2.765B
YoY Change
Total Liabilities & Shareholders Equity $13.20B $13.65B $12.45B
YoY Change 2.37% 9.64% 8.88%

Cashflow Statement

Concept 2013 Q2 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income $75.47M $77.35M $84.71M
YoY Change 0.95% -8.69% 2.23%
Depreciation, Depletion And Amortization $1.100M $1.100M $400.0K
YoY Change 22.22% 175.0% -20.0%
Cash From Operating Activities $70.00M $71.20M $79.90M
YoY Change -13.37% -10.89% 28.66%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$100.0K -$100.0K
YoY Change -100.0% 0.0% -80.0%
Acquisitions
YoY Change
Other Investing Activities $98.70M $349.1M -$108.3M
YoY Change -149.08% -422.35% -94.78%
Cash From Investing Activities $98.70M $349.0M -$108.5M
YoY Change -149.06% -421.66% -94.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $7.278M $451.0K
YoY Change 1513.75%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -322.1M -219.9M 9.100M
YoY Change -194.93% -2516.48% -99.6%
NET CHANGE
Cash From Operating Activities 70.00M 71.20M 79.90M
Cash From Investing Activities 98.70M 349.0M -108.5M
Cash From Financing Activities -322.1M -219.9M 9.100M
Net Change In Cash -153.4M 200.3M -19.50M
YoY Change -170.08% -1127.18% -106.86%
FREE CASH FLOW
Cash From Operating Activities $70.00M $71.20M $79.90M
Capital Expenditures $0.00 -$100.0K -$100.0K
Free Cash Flow $70.00M $71.30M $80.00M
YoY Change -13.58% -10.88% 27.8%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q1 us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
879000 USD
CY2012Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
41000 USD
CY2013Q1 mfa Available For Sale Securities Agency
AvailableForSaleSecuritiesAgency
7153905000 USD
CY2012Q4 mfa Available For Sale Securities Agency
AvailableForSaleSecuritiesAgency
7225460000 USD
CY2013Q1 mfa Available For Sale Securities Non Agency
AvailableForSaleSecuritiesNonAgency
2795645000 USD
CY2012Q4 mfa Available For Sale Securities Non Agency
AvailableForSaleSecuritiesNonAgency
2762006000 USD
CY2013Q1 mfa Repurchase Agreements Financing Period Low End Of Range
RepurchaseAgreementsFinancingPeriodLowEndOfRange
P1M
CY2013Q1 mfa Repurchase Agreements Financing Period High End Of Range
RepurchaseAgreementsFinancingPeriodHighEndOfRange
P6M
CY2013Q1 mfa Share Based Compensation Arrangement By Share Based Payment Award Forfeiture Rate2009 And Prior
ShareBasedCompensationArrangementByShareBasedPaymentAwardForfeitureRate2009AndPrior
0.00 pure
CY2013Q1 mfa Percentage Of Annual Reit Taxable Income Distributed To Stockholders
PercentageOfAnnualREITTaxableIncomeDistributedToStockholders
1.00 pure
CY2013Q1 mfa Number Of Components Of Linked Transactions
NumberOfComponentsOfLinkedTransactions
2 Component
CY2013Q1 mfa Mortgage Backed Securities Period Of Fixed Rate Mortgages Minimum
MortgageBackedSecuritiesPeriodOfFixedRateMortgagesMinimum
P15Y
CY2012Q4 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
13302328000 USD
CY2013Q1 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
13058400000 USD
CY2013Q1 mfa Available For Sale Securities Purchase Premiums
AvailableForSaleSecuritiesPurchasePremiums
232099000 USD
CY2012Q4 mfa Available For Sale Securities Purchase Premiums
AvailableForSaleSecuritiesPurchasePremiums
228256000 USD
CY2013Q1 mfa Available For Sale Securities Accretable Purchase Discounts
AvailableForSaleSecuritiesAccretablePurchaseDiscounts
381964000 USD
CY2012Q4 mfa Available For Sale Securities Accretable Purchase Discounts
AvailableForSaleSecuritiesAccretablePurchaseDiscounts
371684000 USD
CY2013Q1 mfa Available For Sale Securities Discount Designated As Credit Reserve And Other Than Temporary Impairments
AvailableForSaleSecuritiesDiscountDesignatedAsCreditReserveAndOtherThanTemporaryImpairments
1312952000 USD
CY2012Q4 mfa Available For Sale Securities Discount Designated As Credit Reserve And Other Than Temporary Impairments
AvailableForSaleSecuritiesDiscountDesignatedAsCreditReserveAndOtherThanTemporaryImpairments
1380506000 USD
CY2012Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
11782817000 USD
CY2013Q1 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
11599295000 USD
CY2013Q1 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
12542182000 USD
CY2012Q4 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
12607625000 USD
CY2013Q1 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
951367000 USD
CY2012Q4 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
832560000 USD
CY2012Q4 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
7752000 USD
CY2013Q1 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
8480000 USD
CY2013Q1 us-gaap Available For Sale Securities Gross Unrealized Gain Loss
AvailableForSaleSecuritiesGrossUnrealizedGainLoss
942887000 USD
CY2012Q4 us-gaap Available For Sale Securities Gross Unrealized Gain Loss
AvailableForSaleSecuritiesGrossUnrealizedGainLoss
824808000 USD
CY2013Q1 mfa Available For Sale Securities Purchase Discount Designated As Credit Reserves
AvailableForSaleSecuritiesPurchaseDiscountDesignatedAsCreditReserves
1266000000 USD
CY2012Q4 mfa Available For Sale Securities Purchase Discount Designated As Credit Reserves
AvailableForSaleSecuritiesPurchaseDiscountDesignatedAsCreditReserves
1332000000 USD
CY2013Q1 mfa Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Losses Credit Losses Not To Be Accreted Into Interest Income Available For Sale Debt Securities
AccumulatedOtherComprehensiveIncomeLossOtherThanTemporaryImpairmentLossesCreditLossesNotToBeAccretedIntoInterestIncomeAvailableForSaleDebtSecurities
46900000 USD
CY2012Q4 mfa Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Losses Credit Losses Not To Be Accreted Into Interest Income Available For Sale Debt Securities
AccumulatedOtherComprehensiveIncomeLossOtherThanTemporaryImpairmentLossesCreditLossesNotToBeAccretedIntoInterestIncomeAvailableForSaleDebtSecurities
48700000 USD
CY2013Q1 mfa Available For Sale Securities Principal Payments Receivable
AvailableForSaleSecuritiesPrincipalPaymentsReceivable
3700000 USD
CY2012Q4 mfa Available For Sale Securities Principal Payments Receivable
AvailableForSaleSecuritiesPrincipalPaymentsReceivable
4400000 USD
CY2013Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
1095547000 USD
CY2013Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
109170000 USD
CY2013Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
1204717000 USD
CY2013Q1 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2
5188000 USD
CY2013Q1 us-gaap Availableforsale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses2
3292000 USD
CY2013Q1 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses2
8480000 USD
CY2013Q1 mfa Available For Sale Securities In Unrealized Loss Positions Less Than12 Months Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositionsLessThan12MonthsNumberOfPositions
132 Security
CY2012Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
920000 USD
CY2013Q1 mfa Available For Sale Securities In Unrealized Loss Positions12 Months Or More Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositions12MonthsOrMoreNumberOfPositions
25 Security
CY2013Q1 mfa Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
18175212000 USD
CY2011Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
34915000 USD
CY2013Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
36115000 USD
CY2012Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
36115000 USD
CY2012Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
35835000 USD
CY2012Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
458000 USD
CY2012Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
462000 USD
CY2011Q4 us-gaap Available For Sale Securities Gross Unrealized Gain Loss
AvailableForSaleSecuritiesGrossUnrealizedGainLoss
55491000 USD
CY2012Q1 us-gaap Available For Sale Securities Gross Unrealized Gain Loss
AvailableForSaleSecuritiesGrossUnrealizedGainLoss
312954000 USD
CY2013Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2040000 USD
CY2012Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2040000 USD
CY2013Q1 mfa Other Comprehensive Income Unrealized Holding Gain Loss On Agency Mortgage Backed Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax
-27291000 USD
CY2012Q1 mfa Other Comprehensive Income Unrealized Holding Gain Loss On Agency Mortgage Backed Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax
-3158000 USD
CY2013Q1 mfa Other Comprehensive Income Unrealized Holding Gain Loss On Non Agency Mortgage Backed Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnNonAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax
146730000 USD
CY2012Q1 mfa Other Comprehensive Income Unrealized Holding Gain Loss On Non Agency Mortgage Backed Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnNonAgencyMortgageBackedSecuritiesArisingDuringPeriodNetOfTax
262602000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-1360000 USD
CY2012Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-2901000 USD
CY2013Q1 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
118079000 USD
CY2012Q1 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
257463000 USD
CY2012Q1 mfa Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
14840227000 USD
CY2013Q1 mfa Non Agency Mortgage Backed Securities Transferred To Consolidated Variable Interest Entity
NonAgencyMortgageBackedSecuritiesTransferredToConsolidatedVariableInterestEntity
2592632000 USD
CY2012Q4 mfa Non Agency Mortgage Backed Securities Transferred To Consolidated Variable Interest Entity
NonAgencyMortgageBackedSecuritiesTransferredToConsolidatedVariableInterestEntity
2620159000 USD
CY2013Q1 dei Entity Registrant Name
EntityRegistrantName
MFA FINANCIAL, INC.
CY2013Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001055160
CY2013Q1 dei Document Type
DocumentType
10-Q
CY2013Q1 dei Document Period End Date
DocumentPeriodEndDate
2013-03-31
CY2013Q1 dei Amendment Flag
AmendmentFlag
false
CY2013Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
601570000 USD
CY2013Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
401293000 USD
CY2013Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
361278928 shares
CY2013Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2013Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5017000 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5016000 USD
CY2013Q1 mfa Mbs Linked Transactions Net
MBSLinkedTransactionsNet
12572000 USD
CY2012Q4 mfa Mbs Linked Transactions Net
MBSLinkedTransactionsNet
12704000 USD
CY2013Q1 us-gaap Interest Receivable
InterestReceivable
42106000 USD
CY2012Q4 us-gaap Interest Receivable
InterestReceivable
44033000 USD
CY2012Q4 us-gaap Goodwill
Goodwill
7189000 USD
CY2012Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
30654000 USD
CY2013Q1 us-gaap Assets
Assets
13652752000 USD
CY2012Q4 us-gaap Assets
Assets
13517550000 USD
CY2013Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
8902827000 USD
CY2012Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
8752472000 USD
CY2013Q1 mfa Securitized Debt
SecuritizedDebt
542014000 USD
CY2012Q4 mfa Securitized Debt
SecuritizedDebt
646816000 USD
CY2013Q1 us-gaap Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
508187000 USD
CY2012Q4 us-gaap Obligation To Return Securities Received As Collateral
ObligationToReturnSecuritiesReceivedAsCollateral
508827000 USD
CY2013Q1 us-gaap Senior Notes
SeniorNotes
100000000 USD
CY2012Q4 us-gaap Senior Notes
SeniorNotes
100000000 USD
CY2013Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
12867000 USD
CY2012Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
16104000 USD
CY2012Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
72222000 USD
CY2012Q4 us-gaap Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
33479000 USD
CY2012Q4 mfa Excise Tax And Interest Payable
ExciseTaxAndInterestPayable
7500000 USD
CY2013Q1 us-gaap Other Liabilities
OtherLiabilities
5863000 USD
CY2012Q4 us-gaap Other Liabilities
OtherLiabilities
6090000 USD
CY2013Q1 us-gaap Liabilities
Liabilities
10387204000 USD
CY2012Q4 us-gaap Liabilities
Liabilities
10206544000 USD
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
38000 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
3575000 USD
CY2013Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2813878000 USD
CY2012Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2805724000 USD
CY2013Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-444324000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-260308000 USD
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
892372000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
761977000 USD
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
3265548000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
3311006000 USD
CY2013Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13652752000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13517550000 USD
CY2013Q1 mfa Available For Sale Securities Pledged As Collateral Agency
AvailableForSaleSecuritiesPledgedAsCollateralAgency
6739499000 USD
CY2013Q1 mfa Available For Sale Securities Pledged As Collateral Non Agency
AvailableForSaleSecuritiesPledgedAsCollateralNonAgency
1851879000 USD
CY2013Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
895000000 shares
CY2013Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
358419000 shares
CY2013Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
358419000 shares
CY2012Q4 mfa Available For Sale Securities Pledged As Collateral Agency
AvailableForSaleSecuritiesPledgedAsCollateralAgency
6747299000 USD
CY2012Q4 mfa Available For Sale Securities Pledged As Collateral Non Agency
AvailableForSaleSecuritiesPledgedAsCollateralNonAgency
1602953000 USD
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
895000000 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
357546000 shares
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
357546000 shares
CY2013Q1 mfa Interest Income Agency Securities Mortgage Backed
InterestIncomeAgencySecuritiesMortgageBacked
42787000 USD
CY2012Q1 mfa Interest Income Agency Securities Mortgage Backed
InterestIncomeAgencySecuritiesMortgageBacked
53300000 USD
CY2013Q1 mfa Interest Income Non Agency Securities Mortgage Backed
InterestIncomeNonAgencySecuritiesMortgageBacked
41047000 USD
CY2012Q1 mfa Interest Income Non Agency Securities Mortgage Backed
InterestIncomeNonAgencySecuritiesMortgageBacked
25794000 USD
CY2013Q1 mfa Interest Income Non Agency Securities Mortgage Backed Transferred To Consolidated Variable Interest Entity
InterestIncomeNonAgencySecuritiesMortgageBackedTransferredToConsolidatedVariableInterestEntity
38868000 USD
CY2012Q1 mfa Interest Income Non Agency Securities Mortgage Backed Transferred To Consolidated Variable Interest Entity
InterestIncomeNonAgencySecuritiesMortgageBackedTransferredToConsolidatedVariableInterestEntity
44410000 USD
CY2013Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
36000 USD
CY2012Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
19000 USD
CY2012Q1 mfa Payments For Resecuritization Related Costs
PaymentsForResecuritizationRelatedCosts
1763000 USD
CY2013Q1 mfa Principal Payments On Linked Transactions
PrincipalPaymentsOnLinkedTransactions
57977000 USD
CY2012Q1 mfa Accretion Of Purchase Discounts
AccretionOfPurchaseDiscounts
9418000 USD
CY2013Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
122738000 USD
CY2012Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
123523000 USD
CY2013Q1 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
34675000 USD
CY2012Q1 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
36070000 USD
CY2013Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
3476000 USD
CY2012Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
4057000 USD
CY2013Q1 mfa Interest Expense Senior Notes
InterestExpenseSeniorNotes
2007000 USD
CY2013Q1 us-gaap Interest Expense
InterestExpense
40158000 USD
CY2012Q1 us-gaap Interest Expense
InterestExpense
40127000 USD
CY2013Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
82580000 USD
CY2012Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
83396000 USD
CY2013Q1 mfa Gain On Linked Transactions
GainOnLinkedTransactions
1536000 USD
CY2012Q1 mfa Gain On Linked Transactions
GainOnLinkedTransactions
7699000 USD
CY2013Q1 us-gaap Noninterest Income
NoninterestIncome
3224000 USD
CY2012Q1 us-gaap Noninterest Income
NoninterestIncome
10652000 USD
CY2013Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
5273000 USD
CY2012Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
5612000 USD
CY2013Q1 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
3180000 USD
CY2012Q1 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
2803000 USD
CY2013Q1 us-gaap Costs And Expenses
CostsAndExpenses
8453000 USD
CY2012Q1 us-gaap Costs And Expenses
CostsAndExpenses
8415000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
77351000 USD
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
84713000 USD
CY2012Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Writedown Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForWritedownOfSecuritiesIncludedInNetIncomeNetOfTax
920000 USD
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
75311000 USD
CY2012Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
82673000 USD
CY2013Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.21
CY2012Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.23
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
12316000 USD
CY2012Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
12091000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
130395000 USD
CY2012Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
269554000 USD
CY2013Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
9607 shares
CY2013Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
207746000 USD
CY2012Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
354267000 USD
CY2013Q1 mfa Comprehensive Income Loss To Common Stockholders And Participating Securities
ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities
205706000 USD
CY2012Q1 mfa Comprehensive Income Loss To Common Stockholders And Participating Securities
ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities
352227000 USD
CY2013Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
90000000 USD
CY2013Q1 mfa Accretion Of Purchase Discounts
AccretionOfPurchaseDiscounts
12058000 USD
CY2012Q1 mfa Principal Payments On Linked Transactions
PrincipalPaymentsOnLinkedTransactions
299173000 USD
CY2012Q1 mfa Proceeds From Issuance Of Securitized Debt
ProceedsFromIssuanceOfSecuritizedDebt
186691000 USD
CY2013Q1 mfa Payments On Securitized Debt
PaymentsOnSecuritizedDebt
104802000 USD
CY2012Q1 mfa Payments On Securitized Debt
PaymentsOnSecuritizedDebt
94789000 USD
CY2013Q1 mfa Amortization Of Purchase Premiums
AmortizationOfPurchasePremiums
14793000 USD
CY2012Q1 mfa Amortization Of Purchase Premiums
AmortizationOfPurchasePremiums
10782000 USD
CY2013Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1097000 USD
CY2012Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
427000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
885000 USD
CY2012Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1101000 USD
CY2013Q1 mfa Unrealized Gain And Other On Linked Transactions
UnrealizedGainAndOtherOnLinkedTransactions
1136000 USD
CY2012Q1 mfa Unrealized Gain And Other On Linked Transactions
UnrealizedGainAndOtherOnLinkedTransactions
6245000 USD
CY2013Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-1891000 USD
CY2012Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-244000 USD
CY2013Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4088000 USD
CY2012Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1844000 USD
CY2013Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2699000 USD
CY2012Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-3886000 USD
CY2013Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-3237000 USD
CY2012Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
2404000 USD
CY2013Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
711901000 USD
CY2012Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
558516000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
71166000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
79933000 USD
CY2013Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
206203000 USD
CY2012Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
71103000 USD
CY2013Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
569006000 USD
CY2012Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
737950000 USD
CY2013Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
54000 USD
CY2012Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
130000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
349044000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-108461000 USD
CY2013Q1 mfa Principal Payments On Securities Sold Under Agreements To Repurchase
PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchase
18024857000 USD
CY2012Q1 mfa Principal Payments On Securities Sold Under Agreements To Repurchase
PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchase
14744454000 USD
CY2012Q1 mfa Proceeds From Linked Transactions
ProceedsFromLinkedTransactions
218269000 USD
CY2012Q1 mfa Payments Made For Margin Calls On Repurchase Agreements And Derivatives
PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives
1590000 USD
CY2012Q1 mfa Proceeds From Margin Calls On Repurchase Agreements And Derivatives
ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives
4090000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7278000 USD
CY2012Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
451000 USD
CY2012Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
2040000 USD
CY2013Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
71942000 USD
CY2012Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
96792000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-219933000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
9127000 USD
CY2012Q1 mfa Mortgage Backed Securities Recorded Upon De Linking
MortgageBackedSecuritiesRecordedUponDeLinking
122826000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
200277000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-19401000 USD
CY2013Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
259607000 USD
CY2012Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
86778000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
394022000 USD
CY2012Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
374621000 USD
CY2013Q1 us-gaap Nature Of Operations
NatureOfOperations
<div style='font-size:10.0pt;FONT-FAMILY: Times New Roman;'> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">1.&#160;&#160;&#160;&#160;&#160; Organization</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.3in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">MFA Financial,&#160;Inc. (the &#8220;Company&#8221;) was incorporated in Maryland on July&#160;24, 1997 and began operations on April&#160;10, 1998.&#160; The Company has elected to be treated as a real estate investment trust (&#8220;REIT&#8221;) for federal income tax purposes.&#160; 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.&#160; (See Note 11)</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.3in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p></div>
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-114194000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-62831000 USD
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-50515000 USD
CY2012Q1 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-102103000 USD
CY2013Q1 mfa Repurchase Agreements Number Of Counterparties
RepurchaseAgreementsNumberOfCounterparties
26 counterparty
CY2012Q4 mfa Repurchase Agreements Number Of Counterparties
RepurchaseAgreementsNumberOfCounterparties
26 counterparty
CY2013Q1 mfa Repurchase Agreement Counterparty Risk As Percentage Of Stockholders Equity
RepurchaseAgreementCounterpartyRiskAsPercentageOfStockholdersEquity
0.05 pure
CY2013Q1 us-gaap Pledged Assets Not Separately Reported On Statement Of Financial Position
PledgedAssetsNotSeparatelyReportedOnStatementOfFinancialPosition
10970161000 USD
CY2012Q4 us-gaap Pledged Assets Not Separately Reported On Statement Of Financial Position
PledgedAssetsNotSeparatelyReportedOnStatementOfFinancialPosition
10624276000 USD
CY2013Q1 us-gaap Securities Held As Collateral At Fair Value
SecuritiesHeldAsCollateralAtFairValue
408118000 USD
CY2012Q4 us-gaap Securities Held As Collateral At Fair Value
SecuritiesHeldAsCollateralAtFairValue
408833000 USD
CY2013Q1 mfa Pledged Financial Instruments Not Separately Reported Securities Pledged Aggregate Fair Value And Accrued Interest
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledgedAggregateFairValueAndAccruedInterest
11000672000 USD
CY2013Q1 mfa Operating Leases Number Of Operating Leases
OperatingLeasesNumberOfOperatingLeases
2 lease
CY2013Q1 us-gaap Preferred Stock Dividends Per Share Cash Paid
PreferredStockDividendsPerShareCashPaid
0.53125
CY2012Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2012Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
CY2012Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.23
CY2012Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.24
CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.50
CY2013Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
79200000 USD
CY2013Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
180100000 USD
CY2013Q1 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
2759709 shares
CY2005Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
4000000 shares
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Not Credit Loss Net Of Tax Debt Securities
AccumulatedOtherComprehensiveIncomeLossOtherThanTemporaryImpairmentNotCreditLossNetOfTaxDebtSecurities
979000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Not Credit Loss Net Of Tax Debt Securities
AccumulatedOtherComprehensiveIncomeLossOtherThanTemporaryImpairmentNotCreditLossNetOfTaxDebtSecurities
2600000 USD
CY2013Q1 us-gaap Dividends Preferred Stock
DividendsPreferredStock
2040000 USD
CY2012Q1 us-gaap Dividends Preferred Stock
DividendsPreferredStock
2040000 USD
CY2013Q1 us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
321000 USD
CY2012Q1 us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
416000 USD
CY2013Q1 mfa Net Income Loss Available To Common Stockholders Basic And Diluted Net Of Allocation To Participating Securities
NetIncomeLossAvailableToCommonStockholdersBasicAndDilutedNetOfAllocationToParticipatingSecurities
74990000 USD
CY2012Q1 mfa Net Income Loss Available To Common Stockholders Basic And Diluted Net Of Allocation To Participating Securities
NetIncomeLossAvailableToCommonStockholdersBasicAndDilutedNetOfAllocationToParticipatingSecurities
82257000 USD
CY2013Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
358110000 shares
CY2012Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
356167000 shares
CY2013Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1600000 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
13500000 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
9500000 shares
CY2013Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
885000 USD
CY2012Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1101000 USD
CY2013Q1 mfa Employment Agreements Number Of Officers
EmploymentAgreementsNumberOfOfficers
6 officer
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
10.14
CY2013Q1 mfa Number Of Derivatives Terminated
NumberOfDerivativesTerminated
0 derivative
CY2012Q1 mfa Number Of Derivatives Terminated
NumberOfDerivativesTerminated
0 derivative
CY2013Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
324000 USD
CY2013Q1 mfa Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross
324000 USD
CY2013Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
50839000 USD
CY2013Q1 mfa Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
8953666000 USD
CY2013Q1 mfa Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Not Subject To Master Netting Arrangement
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotSubjectToMasterNettingArrangement
8953666000 USD
CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.72
CY2012Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.24
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
203000 USD
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
63034000 USD
CY2013Q1 mfa Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed
324000 USD
CY2013Q1 mfa Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Securities
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnSecurities
324000 USD
CY2013Q1 mfa Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
8948649000 USD
CY2013Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
324000 USD
CY2013Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
50839000 USD
CY2013Q1 mfa Variable Interest Entity Recourse To General Credit
VariableInterestEntityRecourseToGeneralCredit
0 USD
CY2012Q4 mfa Variable Interest Entity Recourse To General Credit
VariableInterestEntityRecourseToGeneralCredit
0 USD
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2013Q1 mfa Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
8902827000 USD
CY2013Q1 mfa Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
8902827000 USD
CY2013Q1 us-gaap Goodwill
Goodwill
7189000 USD
CY2013Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
33674000 USD
CY2013Q1 mfa Excise Tax And Interest Payable
ExciseTaxAndInterestPayable
5000000 USD
CY2013Q1 us-gaap Preferred Stock Value
PreferredStockValue
38000 USD
CY2013Q1 us-gaap Common Stock Value
CommonStockValue
3584000 USD
CY2013Q1 mfa Proceeds From Linked Transactions
ProceedsFromLinkedTransactions
59245000 USD
CY2013Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
2040000 USD
CY2013Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
55000 USD
CY2013Q1 mfa Common Stock Special Dividends Per Share Declared
CommonStockSpecialDividendsPerShareDeclared
0.50
CY2012Q1 mfa Securities Obtained As Collateral Net Of Returns
SecuritiesObtainedAsCollateralNetOfReturns
197339000 USD

Files In Submission

Name View Source Status
R37.htm Edgar Link pending
0001104659-13-035797-index-headers.html Edgar Link pending
0001104659-13-035797-index.html Edgar Link pending
0001104659-13-035797.txt Edgar Link pending
0001104659-13-035797-xbrl.zip Edgar Link pending
a13-8361_110q.htm Edgar Link pending
a13-8361_1ex31d1.htm Edgar Link pending
a13-8361_1ex31d2.htm Edgar Link pending
a13-8361_1ex32d1.htm Edgar Link pending
a13-8361_1ex32d2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
mfa-20130331.xml Edgar Link completed
mfa-20130331.xsd Edgar Link pending
mfa-20130331_cal.xml Edgar Link unprocessable
mfa-20130331_def.xml Edgar Link unprocessable
mfa-20130331_lab.xml Edgar Link unprocessable
mfa-20130331_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending