2013 Q2 Form 10-Q Financial Statement
#000110465913035797 Filed on May 01, 2013
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
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---|---|---|---|---|
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Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
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|
MFA FINANCIAL, INC. | |
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|
10-Q | |
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2013-03-31 | |
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Q1 | |
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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.      Organization</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </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, 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 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.  (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"> </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 |