2020 Q4 Form 10-K Financial Statement

#000151428121000025 Filed on February 23, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2020 Q2
Revenue $11.17M $9.720M $13.37M
YoY Change -76.98% -76.14% -67.31%
Cost Of Revenue $6.200M $6.600M $10.86M
YoY Change -76.38% -73.23% -57.99%
Gross Profit $4.970M $3.120M $2.510M
YoY Change -77.7% -80.61% -83.33%
Gross Profit Margin 44.49% 32.1% 18.77%
Selling, General & Admin $0.00 $0.00 $80.00K
YoY Change -100.0% -100.0% -69.23%
% of Gross Profit 0.0% 0.0% 3.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $3.260M $5.920M $4.550M
YoY Change -31.8% -3.27% 18.18%
Operating Profit $1.710M -$2.800M -$2.040M
YoY Change -90.23% -128.08% -118.2%
Interest Expense $4.004M $4.357M $8.613M
YoY Change -82.66% -80.09% -62.6%
% of Operating Profit 234.15%
Other Income/Expense, Net $17.28M $7.011M $8.415M
YoY Change 43.01% 267.45% 23.17%
Pretax Income $18.74M $2.859M -$734.0K
YoY Change -35.9% -75.5% -104.12%
Income Tax
% Of Pretax Income
Net Earnings $40.99M $20.05M $3.061M
YoY Change 16.98% 99.48% -83.61%
Net Earnings / Revenue 366.97% 206.23% 22.89%
Basic Earnings Per Share $3.49 $1.31 -$0.24
Diluted Earnings Per Share $3.49 $1.31 -$0.24
COMMON SHARES
Basic Shares Outstanding 40.72M shares 11.47M shares 10.95M shares
Diluted Shares Outstanding 11.47M shares 10.95M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $47.90M $44.60M $68.20M
YoY Change -41.37% 41.59% 13.48%
Cash & Equivalents $47.93M $44.59M $68.15M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $900.0K $500.0K $4.100M
Other Receivables $3.000M $3.300M $2.800M
Total Short-Term Assets $51.80M $48.40M $75.10M
YoY Change -46.54% -9.7% -4.7%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $767.4M $489.8M $267.7M
YoY Change -78.82% -87.72% -91.7%
Other Assets $14.40M $5.100M $1.100M
YoY Change -67.12% -85.99% -96.66%
Total Long-Term Assets $1.348B $1.053B $780.5M
YoY Change -68.28% -77.58% -79.01%
TOTAL ASSETS
Total Short-Term Assets $51.80M $48.40M $75.10M
Total Long-Term Assets $1.348B $1.053B $780.5M
Total Assets $1.400B $1.101B $855.6M
YoY Change -67.8% -76.81% -77.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $66.40M $120.9M $34.10M
YoY Change 953.97% 1159.38% 373.61%
Accrued Expenses $3.400M $5.000M $3.500M
YoY Change -80.12% -68.94% -78.92%
Deferred Revenue
YoY Change
Short-Term Debt $407.4M $164.3M $188.3M
YoY Change -87.4% -95.47% -93.71%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $478.4M $290.2M $228.1M
YoY Change -85.38% -92.12% -92.54%
LONG-TERM LIABILITIES
Long-Term Debt $511.8M $420.2M $261.8M
YoY Change 128.18% 83.01% 2944.19%
Other Long-Term Liabilities $100.0K $300.0K $300.0K
YoY Change -95.0% -80.0% -40.0%
Total Long-Term Liabilities $511.9M $420.5M $262.1M
YoY Change 126.2% 81.96% 2780.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $478.4M $290.2M $228.1M
Total Long-Term Liabilities $511.9M $420.5M $262.1M
Total Liabilities $990.3M $710.8M $490.2M
YoY Change -71.69% -81.84% -84.02%
SHAREHOLDERS EQUITY
Retained Earnings -$518.1M -$553.0M -$573.5M
YoY Change 502.95% 449.88% 519.98%
Common Stock $138.0K $361.0K $338.0K
YoY Change -57.8% 10.4% 3.36%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $409.7M $390.5M $365.4M
YoY Change
Total Liabilities & Shareholders Equity $1.400B $1.101B $855.6M
YoY Change -67.8% -76.81% -77.47%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2020 Q2
OPERATING ACTIVITIES
Net Income $40.99M $20.05M $3.061M
YoY Change 16.98% 99.48% -83.61%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $6.500M -$3.100M -$6.600M
YoY Change -79.94% -126.5% -155.93%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$298.4M -$136.5M $652.1M
YoY Change -166.3% -86.17% 175.96%
Cash From Investing Activities -$298.4M -$136.5M $652.1M
YoY Change -166.3% -86.17% 175.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 304.6M 120.1M -709.9M
YoY Change -171.67% -87.36% 192.02%
NET CHANGE
Cash From Operating Activities 6.500M -3.100M -6.600M
Cash From Investing Activities -298.4M -136.5M 652.1M
Cash From Financing Activities 304.6M 120.1M -709.9M
Net Change In Cash 12.70M -19.50M -64.40M
YoY Change -77.91% -22.92% -1388.0%
FREE CASH FLOW
Cash From Operating Activities $6.500M -$3.100M -$6.600M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2020 mitt Income Loss From Investment In Affiliates In Excess Of Distributions Received
IncomeLossFromInvestmentInAffiliatesInExcessOfDistributionsReceived
-11057000 USD
CY2019 mitt Income Loss From Investment In Affiliates In Excess Of Distributions Received
IncomeLossFromInvestmentInAffiliatesInExcessOfDistributionsReceived
-6045000 USD
CY2020 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-8872000 USD
CY2019 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
1886000 USD
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-13639000 USD
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
87000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
4882000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
67473000 USD
CY2020 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-726000 USD
CY2019 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-2235000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4156000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
65238000 USD
CY2020 mitt Purchase Of Available For Sale Securities Debt Fvo
PurchaseOfAvailableForSaleSecuritiesDebtFVO
502801000 USD
CY2019 mitt Purchase Of Available For Sale Securities Debt Fvo
PurchaseOfAvailableForSaleSecuritiesDebtFVO
2090705000 USD
CY2020 mitt Payments For Purchaseof Residential Mortgage Loans
PaymentsForPurchaseofResidentialMortgageLoans
541823000 USD
CY2019 mitt Payments For Purchaseof Residential Mortgage Loans
PaymentsForPurchaseofResidentialMortgageLoans
263997000 USD
CY2020 mitt Payments For Purchase Of Commercial Loans
PaymentsForPurchaseOfCommercialLoans
10560000 USD
CY2019 mitt Payments For Purchase Of Commercial Loans
PaymentsForPurchaseOfCommercialLoans
31173000 USD
CY2020 mitt Payments For Origination Of Commercial Loans
PaymentsForOriginationOfCommercialLoans
22694000 USD
CY2019 mitt Payments For Origination Of Commercial Loans
PaymentsForOriginationOfCommercialLoans
71446000 USD
CY2020 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 USD
CY2019 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
81917000 USD
CY2020 mitt Payments For Proceeds From Investments In Debt And Equity Of Affiliates
PaymentsForProceedsFromInvestmentsInDebtAndEquityOfAffiliates
46363000 USD
CY2019 mitt Payments For Proceeds From Investments In Debt And Equity Of Affiliates
PaymentsForProceedsFromInvestmentsInDebtAndEquityOfAffiliates
93606000 USD
CY2020 mitt Proceeds From Sale Of Available For Sale Securities Debt Fvo
ProceedsFromSaleOfAvailableForSaleSecuritiesDebtFVO
2731163000 USD
CY2019 mitt Proceeds From Sale Of Available For Sale Securities Debt Fvo
ProceedsFromSaleOfAvailableForSaleSecuritiesDebtFVO
1240701000 USD
CY2020 us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
393950000 USD
CY2019 us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
12780000 USD
CY2020 mitt Proceeds From Sale Of Commercial Loans
ProceedsFromSaleOfCommercialLoans
36935000 USD
CY2019 mitt Proceeds From Sale Of Commercial Loans
ProceedsFromSaleOfCommercialLoans
0 USD
CY2020 mitt Proceeds From Sale Of Excess Mortgage Servicing Rights Msr
ProceedsFromSaleOfExcessMortgageServicingRightsMSR
8038000 USD
CY2019 mitt Proceeds From Sale Of Excess Mortgage Servicing Rights Msr
ProceedsFromSaleOfExcessMortgageServicingRightsMSR
0 USD
CY2020 mitt Proceeds From Repayment Of Sale And Purchase Of Us Treasury Securities
ProceedsFromRepaymentOfSaleAndPurchaseOfUsTreasurySecurities
0 USD
CY2019 mitt Proceeds From Repayment Of Sale And Purchase Of Us Treasury Securities
ProceedsFromRepaymentOfSaleAndPurchaseOfUsTreasurySecurities
82048000 USD
CY2020 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
30614000 USD
CY2019 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
16143000 USD
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
111703000 USD
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
385865000 USD
CY2020 mitt Proceedsfrom Maturities Prepayments On Excess Mortgage Servicing Rights
ProceedsfromMaturitiesPrepaymentsOnExcessMortgageServicingRights
2818000 USD
CY2019 mitt Proceedsfrom Maturities Prepayments On Excess Mortgage Servicing Rights
ProceedsfromMaturitiesPrepaymentsOnExcessMortgageServicingRights
4015000 USD
CY2020 mitt Principal Repayments On Residential Mortgage Loans
PrincipalRepaymentsOnResidentialMortgageLoans
-63882000 USD
CY2019 mitt Principal Repayments On Residential Mortgage Loans
PrincipalRepaymentsOnResidentialMortgageLoans
-29370000 USD
CY2020 mitt Proceeds From Principal Repayment On Commercial Mortgage Loan
ProceedsFromPrincipalRepaymentOnCommercialMortgageLoan
6369000 USD
CY2019 mitt Proceeds From Principal Repayment On Commercial Mortgage Loan
ProceedsFromPrincipalRepaymentOnCommercialMortgageLoan
43217000 USD
CY2020 mitt Net Proceeds Payments For Securities Purchased Under Agreements To Resell
NetProceedsPaymentsForSecuritiesPurchasedUnderAgreementsToResell
0 USD
CY2019 mitt Net Proceeds Payments For Securities Purchased Under Agreements To Resell
NetProceedsPaymentsForSecuritiesPurchasedUnderAgreementsToResell
-11499000 USD
CY2020 mitt Net Proceeds Payments For Us Treasury Securities Purchased Under Agreements To Resell
NetProceedsPaymentsForUsTreasurySecuritiesPurchasedUnderAgreementsToResell
-30000 USD
CY2019 mitt Net Proceeds Payments For Us Treasury Securities Purchased Under Agreements To Resell
NetProceedsPaymentsForUsTreasurySecuritiesPurchasedUnderAgreementsToResell
11479000 USD
CY2020 mitt Net Settlement Of Interest Rate Swaps
NetSettlementOfInterestRateSwaps
72484000 USD
CY2019 mitt Net Settlement Of Interest Rate Swaps
NetSettlementOfInterestRateSwaps
63996000 USD
CY2020 mitt Net Settlement Of Securities To Be Announced
NetSettlementOfSecuritiesToBeAnnounced
-4610000 USD
CY2019 mitt Net Settlement Of Securities To Be Announced
NetSettlementOfSecuritiesToBeAnnounced
-1261000 USD
CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-68000 USD
CY2019 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1027000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
2193455000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-882447000 USD
CY2020 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 USD
CY2019 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
135484000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2193455000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-746963000 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7018000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
66063000 USD
CY2020 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2019 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
111243000 USD
CY2020 mitt Payment Of Cash For Exchange Offer
PaymentOfCashForExchangeOffer
8007000 USD
CY2019 mitt Payment Of Cash For Exchange Offer
PaymentOfCashForExchangeOffer
0 USD
CY2020 mitt Borrowings Under Repurchase Agreements
BorrowingsUnderRepurchaseAgreements
14689972000 USD
CY2019 mitt Borrowings Under Repurchase Agreements
BorrowingsUnderRepurchaseAgreements
47397506000 USD
CY2020 mitt Repayments Of Repurchase Agreements
RepaymentsOfRepurchaseAgreements
17014635000 USD
CY2019 mitt Repayments Of Repurchase Agreements
RepaymentsOfRepurchaseAgreements
46887803000 USD
CY2020 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
20000000 USD
CY2019 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2020 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
10000000 USD
CY2019 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
CY2020 us-gaap Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
166487000 USD
CY2019 us-gaap Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
224923000 USD
CY2020 us-gaap Repayments Of Accounts Receivable Securitization
RepaymentsOfAccountsReceivableSecuritization
29312000 USD
CY2019 us-gaap Repayments Of Accounts Receivable Securitization
RepaymentsOfAccountsReceivableSecuritization
6901000 USD
CY2020 mitt Collateral Received From Held By Derivative Counter Party
CollateralReceivedFromHeldByDerivativeCounterParty
0 USD
CY2019 mitt Collateral Received From Held By Derivative Counter Party
CollateralReceivedFromHeldByDerivativeCounterParty
1465000 USD
CY2020 mitt Collateral Received From Held By Repurchase Counterparty
CollateralReceivedFromHeldByRepurchaseCounterparty
46740000 USD
CY2019 mitt Collateral Received From Held By Repurchase Counterparty
CollateralReceivedFromHeldByRepurchaseCounterparty
293000 USD
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
14734000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
61809000 USD
CY2020 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
20549000 USD
CY2019 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
15769000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-2260500000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
825695000 USD
CY2020 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 USD
CY2019 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-103000000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2260500000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
722695000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-62889000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
40970000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
125369000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
84358000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-162000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
41000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62318000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
125369000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
46322000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
94989000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
1051000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
1483000 USD
CY2020 mitt Payable On Unsettled Trades
PayableOnUnsettledTrades
51136000 USD
CY2019 mitt Payable On Unsettled Trades
PayableOnUnsettledTrades
0 USD
CY2020 mitt Dividends Declared But Not Paid
DividendsDeclaredButNotPaid
1243000 USD
CY2019 us-gaap Debt Instrument Increase Decrease For Period Net
DebtInstrumentIncreaseDecreaseForPeriodNet
3617000 USD
CY2019 mitt Dividends Declared But Not Paid
DividendsDeclaredButNotPaid
14734000 USD
CY2020 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
33979000 USD
CY2019 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 USD
CY2020 mitt Holdback On Sale Of Excess Mortgage Servicing Rights Msr
HoldbackOnSaleOfExcessMortgageServicingRightsMSR
422000 USD
CY2019 mitt Holdback On Sale Of Excess Mortgage Servicing Rights Msr
HoldbackOnSaleOfExcessMortgageServicingRightsMSR
0 USD
CY2020 us-gaap Stock Issued1
StockIssued1
4315000 USD
CY2019 us-gaap Stock Issued1
StockIssued1
0 USD
CY2020 us-gaap Debt Instrument Increase Decrease For Period Net
DebtInstrumentIncreaseDecreaseForPeriodNet
7091000 USD
CY2020 us-gaap Payments For Securities Purchased Under Agreements To Resell
PaymentsForSecuritiesPurchasedUnderAgreementsToResell
345066000 USD
CY2019 us-gaap Payments For Securities Purchased Under Agreements To Resell
PaymentsForSecuritiesPurchasedUnderAgreementsToResell
0 USD
CY2020 mitt Change In Repurchase Agreements From Transfer Of Real Estate Securities
ChangeInRepurchaseAgreementsFromTransferOfRealEstateSecurities
344685000 USD
CY2019 mitt Change In Repurchase Agreements From Transfer Of Real Estate Securities
ChangeInRepurchaseAgreementsFromTransferOfRealEstateSecurities
0 USD
CY2020 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
3856000 USD
CY2019 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
2883000 USD
CY2020 mitt Transfer From Investments In Debt And Equity Of Affiliates To Cmbs
TransferFromInvestmentsInDebtAndEquityOfAffiliatesToCMBS
11769000 USD
CY2019 mitt Transfer From Investments In Debt And Equity Of Affiliates To Cmbs
TransferFromInvestmentsInDebtAndEquityOfAffiliatesToCMBS
0 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
47926000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
81692000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
14392000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
43677000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62318000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
125369000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
47900000 USD
CY2020Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
81700000 USD
CY2019Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
53200000 USD
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of estimates</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span></div>The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results may differ from those estimates.
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1629000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7644000 USD
CY2020Q4 us-gaap Investment Owned Underlying Face Amount At Market Value
InvestmentOwnedUnderlyingFaceAmountAtMarketValue
1466336000 USD
CY2020Q4 mitt Available For Sale Securities Unamortized Discount Premium
AvailableForSaleSecuritiesUnamortizedDiscountPremium
848676000 USD
CY2020Q4 mitt Available For Sale Debt Securities Amortized Cost Basis Fvo
AvailableForSaleDebtSecuritiesAmortizedCostBasisFVO
617660000 USD
CY2020Q4 mitt Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax Fvo
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTaxFVO
8436000 USD
CY2020Q4 mitt Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax Fvo
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTaxFVO
12550000 USD
CY2020Q4 mitt Available For Sale Securities Debt Securities Fvo
AvailableForSaleSecuritiesDebtSecuritiesFVO
613546000 USD
CY2020Q4 mitt Securities Weighted Average Coupon
SecuritiesWeightedAverageCoupon
0.0118
CY2020Q4 mitt Available For Sale Securities Weighted Average Yield Rate
AvailableForSaleSecuritiesWeightedAverageYieldRate
0.0208
CY2019Q4 us-gaap Investment Owned Underlying Face Amount At Market Value
InvestmentOwnedUnderlyingFaceAmountAtMarketValue
7492613000 USD
CY2019Q4 mitt Available For Sale Securities Unamortized Discount Premium
AvailableForSaleSecuritiesUnamortizedDiscountPremium
4176790000 USD
CY2019Q4 mitt Available For Sale Debt Securities Amortized Cost Basis Fvo
AvailableForSaleDebtSecuritiesAmortizedCostBasisFVO
3315823000 USD
CY2019Q4 mitt Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax Fvo
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTaxFVO
137283000 USD
CY2019Q4 mitt Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax Fvo
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTaxFVO
3274000 USD
CY2019Q4 mitt Available For Sale Securities Debt Securities Fvo
AvailableForSaleSecuritiesDebtSecuritiesFVO
3449832000 USD
CY2019Q4 mitt Securities Weighted Average Coupon
SecuritiesWeightedAverageCoupon
0.0220
CY2019Q4 mitt Available For Sale Securities Weighted Average Yield Rate
AvailableForSaleSecuritiesWeightedAverageYieldRate
0.0437
CY2019 mitt Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings Fvo
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarningsFVO
14600000 USD
CY2019 mitt Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings Fvo
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarningsFVO
14600000 USD
CY2019 mitt Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings Fvo
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarningsFVO
14600000 USD
CY2020 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
397900000 USD
CY2020 mitt Realized Gain On Sale Of Loan
RealizedGainOnSaleOfLoan
1900000 USD
CY2020 mitt Realized Loss On Saleof Loan
RealizedLossOnSaleofLoan
59300000 USD
CY2019 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
12800000 USD
CY2019 mitt Realized Gain On Sale Of Loan
RealizedGainOnSaleOfLoan
1000000.0 USD
CY2019 mitt Realized Loss On Saleof Loan
RealizedLossOnSaleofLoan
200000 USD
CY2019Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
168877000 USD
CY2018Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
79610000 USD
CY2020 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Additions
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions
160132000 USD
CY2019 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Additions
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions
108275000 USD
CY2020 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
27683000 USD
CY2019 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
16169000 USD
CY2020 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications To From Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToFromNonaccretableDifference
-10295000 USD
CY2019 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications To From Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToFromNonaccretableDifference
2411000 USD
CY2020 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Disposals Of Loans
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsOfLoans
120740000 USD
CY2019 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Disposals Of Loans
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsOfLoans
5250000 USD
CY2020Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
170291000 USD
CY2019Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
168877000 USD
CY2020Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
435441000 USD
CY2020Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
125508000 USD
CY2020Q4 mitt Excess Mortgage Servicing Rights At Fair Value
ExcessMortgageServicingRightsAtFairValue
3158000 USD
CY2020Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
45341000 USD
CY2020Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1222994000 USD
CY2020Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
355159000 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
68000 USD
CY2020Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
355227000 USD
CY2019Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
417785000 USD
CY2019Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
158686000 USD
CY2019Q4 mitt Excess Mortgage Servicing Rights At Fair Value
ExcessMortgageServicingRightsAtFairValue
17775000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
53243000 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
2282000 USD
CY2019Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
28546000 USD
CY2019Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
4128149000 USD
CY2019Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
224348000 USD
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
411000 USD
CY2019Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
224759000 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-159135000 USD
CY2020 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-3537000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
25493000 USD
CY2019 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
14686000 USD
CY2020 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents a summary of the Company's financing arrangements as of December 31, 2020 and December 31, 2019 ($ in thousands). </span></div><div style="text-align:justify"><span><br/></span></div><div style="margin-bottom:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:23.022%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.671%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.788%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.502%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:6.502%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.841%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.110%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.530%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="33" style="border-bottom:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2019</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted Average</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Collateral (1)(2)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Carrying Value</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Stated Maturity</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Funding Cost</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Life (Years)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized Cost Basis</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Carrying Value</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Repurchase Agreements</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Agency RMBS</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">435,893 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Jan 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.21 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.04</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">459,684 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">460,949 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,109,278 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Non-Agency RMBS</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14,550 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Jan 2021 - Apr 2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.34 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.08</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">24,009 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">28,653 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">565,450 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">CMBS</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">24,881 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Jan 2021 - Feb 2021</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.66 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.04</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">51,961 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">42,669 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">312,627 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Residential Mortgage Loans</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25,590 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mar 2021</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.38 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.21</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">44,520 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">46,571 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">131,594 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Commercial Loans</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">N/A</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,017 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total Repurchase Agreements</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">500,914 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.51 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.05</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">580,174 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">578,842 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,121,966 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Revolving Facilities (3)(4)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Commercial Loans (5)(6)(7)</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">63,133 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Aug 2023</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.79 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.60</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">110,114 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">96,862 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">89,956 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Residential Mortgage Loans (8)</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">N/A</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,546 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total Revolving Facilities</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">63,133 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.79 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.60</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">110,114 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">96,862 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">111,502 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total Financing Arrangements</span></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">564,047 </span></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.76 </span></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.33</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">690,288 </span></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">675,704 </span></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,233,468 </span></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.34pt">The Company also had $1.4 million of cash pledged under repurchase agreements as of December 31, 2020.</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.34pt">The amounts pledged as collateral under Residential Mortgage Loans represent certain of the Company's retained interests in securitizations. Refer to Note 4 for more information on the August 2019 VIE and September 2020 VIE.</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(3)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.34pt">All revolving facilities listed above are interest only until maturity. </span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.34pt">Under the terms of the Company’s financing agreements, the Company's financial counterparties may, in certain cases, sell or re-hypothecate the pledged collateral.</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(5)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.34pt">Increasing the Company's borrowing capacity under this facility requires consent of the lender. </span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(6)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.34pt">The funding cost on this facility is inclusive of the impact of deferred financing costs. The stated rate was 2.30% as of December 31, 2020. </span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(7)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.34pt">The borrowing capacity on the commercial loan revolving facility is $100 million.</span></div>(8)During the second quarter of 2020, this facility was paid off.
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AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
500914000 USD
CY2020 mitt Assets Sold Under Agreements To Repurchase Weighted Average Funding Cost
AssetsSoldUnderAgreementsToRepurchaseWeightedAverageFundingCost
0.0051
CY2020 mitt Assets Sold Under Agreements To Repurchase Weighted Average Life
AssetsSoldUnderAgreementsToRepurchaseWeightedAverageLife
P0Y18D
CY2020Q4 mitt Pledged Assets Separately Reported Securities Pledged For Repurchase Agreements Amortized Cost Basis
PledgedAssetsSeparatelyReportedSecuritiesPledgedForRepurchaseAgreementsAmortizedCostBasis
580174000 USD
CY2020Q4 us-gaap Pledged Assets Separately Reported Securities Pledged For Repurchase Agreements At Fair Value
PledgedAssetsSeparatelyReportedSecuritiesPledgedForRepurchaseAgreementsAtFairValue
578842000 USD
CY2019Q4 us-gaap Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
3121966000 USD
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564047000 USD
CY2020 mitt Debt Instrument Weighted Average Funding Cost
DebtInstrumentWeightedAverageFundingCost
0.0076
CY2020 mitt Debt Instrument Weighted Average Life
DebtInstrumentWeightedAverageLife
P0Y3M29D
CY2020Q4 mitt Debt Instrument Amortized Cost Basis
DebtInstrumentAmortizedCostBasis
690288000 USD
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DebtInstrumentCollateralAmount
675704000 USD
CY2019Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
3233468000 USD
CY2020Q4 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
1400000 USD
CY2020Q4 us-gaap Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
500914000 USD
CY2020Q4 us-gaap Debt Longterm And Shortterm Combined Amount
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564047000 USD
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InterestReceivable
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CY2019Q4 us-gaap Interest Receivable
InterestReceivable
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CY2020Q4 us-gaap Derivative Assets
DerivativeAssets
0 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
2282000 USD
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OtherAssetsMiscellaneous
5538000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
4378000 USD
CY2020Q4 us-gaap Due From Correspondent Brokers
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CY2019Q4 us-gaap Due From Correspondent Brokers
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CY2019Q4 us-gaap Other Assets
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CY2019Q4 us-gaap Interest Payable Current And Noncurrent
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DerivativeLiabilities
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CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
411000 USD
CY2020Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
14041000 USD
CY2019Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
5226000 USD
CY2020Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
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CY2019Q4 us-gaap Accrued Liabilities Current And Noncurrent
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6175000 USD
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0 USD
CY2019Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
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CY2020Q4 us-gaap Due To Correspondent Brokers
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CY2019Q4 us-gaap Due To Correspondent Brokers
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OtherLiabilities
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CY2019Q4 us-gaap Other Liabilities
OtherLiabilities
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CY2020 mitt Proceeds Pledged To Serve Collateral Against Certain Derivatives
ProceedsPledgedToServeCollateralAgainstCertainDerivatives
10800000 USD
CY2020 mitt Proceeds Pledged To Serve Collateral Against Certain Derivatives
ProceedsPledgedToServeCollateralAgainstCertainDerivatives
10800000 USD
CY2020Q4 mitt Cash Pledged As Collateral Against Derivatives Related To Variation Margin
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1100000 USD
CY2019Q4 us-gaap Pledged Assets Separately Reported Real Estate Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedRealEstatePledgedAsCollateralAtFairValue
3000000.0 USD
CY2019 mitt Proceeds Pledged To Serve Collateral Against Certain Derivatives
ProceedsPledgedToServeCollateralAgainstCertainDerivatives
32100000 USD
CY2019 mitt Proceeds Pledged To Serve Collateral Against Certain Derivatives
ProceedsPledgedToServeCollateralAgainstCertainDerivatives
32100000 USD
CY2019Q4 mitt Cash Pledged As Collateral Against Derivatives Related To Variation Margin
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8500000 USD
CY2020Q4 us-gaap Derivative Notional Amount
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CY2020Q4 mitt Derivative Pay Interest Rate
DerivativePayInterestRate
0.0049
CY2020Q4 mitt Derivative Receivable Interest Rate
DerivativeReceivableInterestRate
0.0023
CY2020 us-gaap Derivative Remaining Maturity1
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P5Y11M26D
CY2019Q4 us-gaap Derivative Notional Amount
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1848750000 USD
CY2019Q4 mitt Derivative Pay Interest Rate
DerivativePayInterestRate
0.0160
CY2019Q4 mitt Derivative Receivable Interest Rate
DerivativeReceivableInterestRate
0.0191
CY2019 us-gaap Derivative Remaining Maturity1
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P4Y3M25D
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1500000 USD
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CY2019 us-gaap Realized Investment Gains Losses
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CY2020 us-gaap Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency
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CY2019 us-gaap Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency
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CY2020 us-gaap Income Loss From Continuing Operations
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CY2019 us-gaap Income Loss From Continuing Operations
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CY2020 us-gaap Preferred Stock Redemption Discount
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CY2019 us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
0 USD
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
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20549000 USD
CY2019 us-gaap Preferred Stock Dividends Income Statement Impact
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CY2019 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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81216000 USD
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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666000 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
76800000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35191000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32192000 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
11000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35191000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2020 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-12.26
CY2019 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.52
CY2020 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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0.02
CY2019 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-12.24
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.39
CY2020 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-12.26
CY2019 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.52
CY2020 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
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0.02
CY2019 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
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-0.13
CY2020 us-gaap Earnings Per Share Diluted
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-12.24
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.39
CY2020Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.03
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.50
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.50
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2019Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.90
CY2020 mitt Excise Tax Expenses
ExciseTaxExpenses
-800000 USD
CY2019 mitt Excise Tax Expenses
ExciseTaxExpenses
500000 USD
CY2019Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
800000 USD
CY2020Q4 mitt Management Fee Percentage
ManagementFeePercentage
0.0150
CY2020 us-gaap Management Fee Expense
ManagementFeeExpense
7200000 USD
CY2019 us-gaap Management Fee Expense
ManagementFeeExpense
9800000 USD
CY2020Q3 mitt Stock Issued During Period Issued For Services Price Per Share
StockIssuedDuringPeriodIssuedForServicesPricePerShare
3.15
CY2020 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
14500000 USD
CY2019 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
18600000 USD
CY2020 mitt Expenses Reimbursed Incurred By Manager For Right
ExpensesReimbursedIncurredByManagerForRight
7400000 USD
CY2019 mitt Expenses Reimbursed Incurred By Manager For Right
ExpensesReimbursedIncurredByManagerForRight
7500000 USD
CY2019 mitt Rights Waived To Reimbursement Revenue
RightsWaivedToReimbursementRevenue
0 USD
CY2020 mitt Rights Waived To Reimbursement Revenue
RightsWaivedToReimbursementRevenue
0 USD
CY2020 us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
160000 USD
CY2020 mitt Noninterest Expense Directors Fees Paid In Cashpercentage
NoninterestExpenseDirectorsFeesPaidInCashpercentage
0.50
CY2020 mitt Noninterest Expense Directors Fees Paid In Restricted Common Stock Percentage
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0.50
CY2020Q1 mitt Number Of Independent Directors
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5 director
CY2020Q1 mitt Number Of Independent Directors
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4 director
CY2020Q2 mitt Number Of Independent Directors
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4 director
CY2020Q2 mitt Number Of Independent Directors
NumberOfIndependentDirectors
3 director
CY2020Q4 mitt Number Of Independent Directors
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3 director
CY2019Q1 us-gaap Share Price
SharePrice
16.70
CY2020Q4 mitt Number Of Independent Directors
NumberOfIndependentDirectors
4 director
CY2020Q4 mitt Related Party Loan Securitization Ownership Interest
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0.446
CY2020Q4 mitt Related Party Loan Securitization Ownership Interest
RelatedPartyLoanSecuritizationOwnershipInterest
0.446
CY2020Q2 mitt Remaining Equity Percentage
RemainingEquityPercentage
0.35
CY2020 mitt Fees Paid To Asset Manager
FeesPaidToAssetManager
2700000 USD
CY2019 mitt Fees Paid To Asset Manager
FeesPaidToAssetManager
900000 USD
CY2019Q2 mitt Related Party Loan Securitization Ownership Interest
RelatedPartyLoanSecuritizationOwnershipInterest
0.446
CY2020Q3 mitt Related Party Loan Securitization Ownership Interest
RelatedPartyLoanSecuritizationOwnershipInterest
0.446
CY2020Q4 mitt Related Party Loan Securitization Ownership Interest
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0.446
CY2020Q4 mitt Related Party Loan Securitization Ownership Interest
RelatedPartyLoanSecuritizationOwnershipInterest
0.446
CY2020Q4 mitt Related Party Loan Securitization Ownership Interest
RelatedPartyLoanSecuritizationOwnershipInterest
0.446
CY2020Q3 mitt Related Party Loan Securitization Ownership Interest
RelatedPartyLoanSecuritizationOwnershipInterest
0.45
CY2015Q4 us-gaap Stock Repurchase Program Authorized Amount1
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25000000.0 USD
CY2020 us-gaap Treasury Stock Shares Acquired
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0 shares
CY2018Q2 mitt Capital Available For Issuance
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750000000.0 USD
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3000000 shares
CY2019Q1 mitt Common Stock Additional Units Sold In Public Offering
CommonStockAdditionalUnitsSoldInPublicOffering
450000 shares
CY2020Q2 mitt Investment Unrealized Gain Loss Fvo
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109632000 USD
CY2019Q1 us-gaap Proceeds From Issuance Initial Public Offering
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57400000 USD
CY2019Q3 mitt Gross Proceeds From Issuance Of Preferred Stock And Preference Stock
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115000000.0 USD
CY2020Q4 mitt Number Of Quarterly Periods Required To Grant Voting Rights To Preferred Stock
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6 period
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CY2020Q4 us-gaap Stock Repurchased During Period Value
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1700000 USD
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3.15
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CY2020 mitt Long Term Purchase Commitment Funded Amount
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113074000 USD
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45885000 USD
CY2020Q4 us-gaap Investments In And Advances To Affiliates At Fair Value
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CY2019Q4 us-gaap Investments In And Advances To Affiliates At Fair Value
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CY2020Q4 mitt Related Party Loan Securitization Ownership Interest
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CY2020Q4 mitt Related Party Loan Securitization Ownership Interest
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CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7644000 USD
CY2020Q4 mitt Related Party Loan Securitization Ownership Interest
RelatedPartyLoanSecuritizationOwnershipInterest
0.446
CY2020Q4 mitt Related Party Loan Securitization Ownership Interest
RelatedPartyLoanSecuritizationOwnershipInterest
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CY2020Q1 us-gaap Interest Income Operating
InterestIncomeOperating
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CY2020Q2 us-gaap Interest Income Operating
InterestIncomeOperating
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CY2020Q3 us-gaap Interest Income Operating
InterestIncomeOperating
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CY2020Q4 us-gaap Interest Income Operating
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11171000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
19971000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
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CY2020Q3 us-gaap Interest Expense
InterestExpense
4357000 USD
CY2020Q4 us-gaap Interest Expense
InterestExpense
4004000 USD
CY2020Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
20297000 USD
CY2020Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4756000 USD
CY2020Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5360000 USD
CY2020Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
7167000 USD
CY2020Q1 mitt Investment And Derivative Realized Gain Loss Fvo
InvestmentAndDerivativeRealizedGainLossFVO
-151143000 USD
CY2020Q2 mitt Investment And Derivative Realized Gain Loss Fvo
InvestmentAndDerivativeRealizedGainLossFVO
-91609000 USD
CY2020Q3 mitt Investment And Derivative Realized Gain Loss Fvo
InvestmentAndDerivativeRealizedGainLossFVO
-14431000 USD
CY2020Q4 mitt Investment And Derivative Realized Gain Loss Fvo
InvestmentAndDerivativeRealizedGainLossFVO
661000 USD
CY2020Q1 mitt Realized Loss On Periodic Interest Settlements Of Derivative Instruments Net
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-923000 USD
CY2020Q2 mitt Realized Loss On Periodic Interest Settlements Of Derivative Instruments Net
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0 USD
CY2020Q3 mitt Realized Loss On Periodic Interest Settlements Of Derivative Instruments Net
RealizedLossOnPeriodicInterestSettlementsOfDerivativeInstrumentsNet
13000 USD
CY2020Q4 mitt Realized Loss On Periodic Interest Settlements Of Derivative Instruments Net
RealizedLossOnPeriodicInterestSettlementsOfDerivativeInstrumentsNet
179000 USD
CY2020Q1 mitt Investment Unrealized Gain Loss Fvo
InvestmentUnrealizedGainLossFVO
-313897000 USD
CY2020Q3 mitt Investment Unrealized Gain Loss Fvo
InvestmentUnrealizedGainLossFVO
19495000 USD
CY2020Q4 mitt Investment Unrealized Gain Loss Fvo
InvestmentUnrealizedGainLossFVO
25304000 USD
CY2020Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
5686000 USD
CY2020Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-9453000 USD
CY2020Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1970000 USD
CY2020Q4 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-8550000 USD
CY2020Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1649000 USD
CY2020Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-156000 USD
CY2020Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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CY2020Q4 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
45000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2020Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2000 USD
CY2020Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-456779000 USD
CY2020Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
8415000 USD
CY2020Q3 us-gaap Nonoperating Income Expense
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