$ORC
Orchid Island Capital, Inc. Stock $orc

$orc Overview Financials Valuation SEC Filings Company Website

2013 Q3 Form 10-Q Financial Statement

#000114036113040497 Filed on November 04, 2013

Income Statement

Concept	2013 Q3	2012 Q3
Revenue	$2.551M	$696.9K
YoY Change	266.05%	-269.98%
Cost Of Revenue	$470.0K	$120.0K
YoY Change	291.67%	500.0%
Gross Profit	-$780.0K	$720.0K
YoY Change	-208.33%	-267.44%
Gross Profit Margin	-30.58%	103.31%
Selling, General & Admin	$401.0K	$120.0K
YoY Change	234.17%	-89.09%
% of Gross Profit		16.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$401.0K	$170.0K
YoY Change	135.88%	-85.95%
Operating Profit	-$1.181M	$550.0K
YoY Change	-314.73%	-133.54%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	$221.0K
YoY Change
Pretax Income	-$1.000M	$550.0K
YoY Change	-281.82%	-133.54%
Income Tax	$0.00	$0.00
% Of Pretax Income		0.0%
Net Earnings	-$997.0K	$545.4K
YoY Change	-282.8%	-133.26%
Net Earnings / Revenue	-39.08%	78.26%
Basic Earnings Per Share	-$0.30
Diluted Earnings Per Share	-$0.30	$561.2K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding	3.342M shares	981.7K shares

Balance Sheet

Concept	2013 Q3	2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$7.900M	$4.500M
YoY Change	75.56%
Cash & Equivalents	$43.57K	$2.537M
Short-Term Investments
Other Short-Term Assets		$0.00
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$50.40M	$4.800M
YoY Change	950.0%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$331.8M	$66.80M
YoY Change	396.71%
Other Assets	$2.600M	$0.00
YoY Change
Total Long-Term Assets	$335.1M	$66.90M
YoY Change	400.87%
TOTAL ASSETS
Total Short-Term Assets	$50.40M	$4.800M
Total Long-Term Assets	$335.1M	$66.90M
Total Assets	$385.5M	$71.70M
YoY Change	437.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$100.0K	$0.00
YoY Change
Accrued Expenses	$100.0K	$0.00
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$301.7M	$56.60M
YoY Change	433.04%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$340.6M	$56.60M
YoY Change	501.77%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$100.0K	$0.00
YoY Change
Total Long-Term Liabilities	$100.0K	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$340.6M	$56.60M
Total Long-Term Liabilities	$100.0K	$0.00
Total Liabilities	$340.7M	$56.70M
YoY Change	500.8%
SHAREHOLDERS EQUITY
Retained Earnings	-$2.829M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$44.82M	$15.00M
YoY Change
Total Liabilities & Shareholders Equity	$385.5M	$71.70M
YoY Change	437.66%

Cashflow Statement

Concept	2013 Q3	2012 Q3
OPERATING ACTIVITIES
Net Income	-$997.0K	$545.4K
YoY Change	-282.8%	-133.26%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	-$300.0K	$490.0K
YoY Change	-161.22%	-222.5%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$10.31M	-$4.660M
YoY Change	-321.24%	-80.22%
Cash From Investing Activities	$10.31M	-$4.660M
YoY Change	-321.24%	-80.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-8.430M	5.750M
YoY Change	-246.61%	-75.99%
NET CHANGE
Cash From Operating Activities	-300.0K	490.0K
Cash From Investing Activities	10.31M	-4.660M
Cash From Financing Activities	-8.430M	5.750M
Net Change In Cash	1.580M	1.580M
YoY Change	0.0%	-15900.0%
FREE CASH FLOW
Cash From Operating Activities	-$300.0K	$490.0K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q3	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	77697	USD
CY2013Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.135
CY2013Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.135
CY2012Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	449000	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	14724975	USD
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000	shares
CY2012Q4	us-gaap	Liabilities Liabilities	104135981	USD
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	154110	shares
CY2012Q3	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	981665	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	2900786	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2900786	shares
CY2012Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.945
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
	us-gaap	Gain Loss On Investments Excluding Other Than Temporary Impairments GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments	-642534	USD
CY2013Q3	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	301656523	USD
CY2013Q3	us-gaap	Other Liabilities OtherLiabilities	121183	USD
CY2013Q3	us-gaap	Liabilities Liabilities	340655632	USD
CY2013Q3	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	33417	USD
CY2013Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-2828926	USD
CY2013Q3	us-gaap	Stockholders Equity StockholdersEquity	44824201	USD
CY2013Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3341665	shares
CY2013Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3341665	shares
CY2012Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2012Q4	orc	Mortgage Backed Securities At Fair Value Pledged As Collateral MortgageBackedSecuritiesAtFairValuePledgedAsCollateral	109604559	USD
CY2012Q4	orc	Mortgage Backed Securities At Fair Value Unpledged MortgageBackedSecuritiesAtFairValueUnpledged	5775015	USD
CY2012Q4	us-gaap	Assets Assets	118860956	USD
CY2012Q4	orc	Mortgage Backed Securities At Fair Value MortgageBackedSecuritiesAtFairValue	115379574	USD
CY2012Q4	us-gaap	Interest Receivable InterestReceivable	440877	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-686025	USD
CY2012Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	54084	USD
CY2012Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	15409459	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2537257	USD
CY2012Q4	us-gaap	Other Liabilities OtherLiabilities	140723	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	118860956	USD
CY2012Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	103941174	USD
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2012Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	154110	shares
CY2013Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2013Q3	orc	Due From Bimini DueFromBimini	0	USD
CY2012Q4	orc	Due From Bimini DueFromBimini	45126	USD
CY2013Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2013Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2013Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q3	orc	Due To Bimini DueToBimini	79878	USD
CY2012Q4	orc	Due To Bimini DueToBimini	0	USD
CY2013Q3	orc	Unsettled Sales UnsettledSales	41150840	USD
CY2013Q3	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	671733	USD
CY2013Q3	us-gaap	Assets Assets	385479833	USD
CY2012Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	9122	USD
CY2012Q4	orc	Unsettled Sales UnsettledSales	0	USD
CY2013Q3	orc	Unsettled Purchases UnsettledPurchases	38720351	USD
CY2012Q4	orc	Unsettled Purchases UnsettledPurchases	0	USD
CY2012Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4454911	USD
	us-gaap	Profit Loss ProfitLoss	-2142901	USD
CY2012Q3	us-gaap	Profit Loss ProfitLoss	545408	USD
CY2012Q3	orc	Directors Fees And Liability Insurance DirectorsFeesAndLiabilityInsurance	0	USD
	orc	Directors Fees And Liability Insurance DirectorsFeesAndLiabilityInsurance	207309	USD
CY2012Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	981665	shares
	orc	Management Fees ManagementFees	489700	USD
CY2012Q3	orc	Management Fees ManagementFees	64600	USD
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	6393156	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	5575937	USD
	orc	Realized Gains On Investments RealizedGainsOnInvestments	-1490712	USD
	orc	Unrealized Gains On Investments UnrealizedGainsOnInvestments	-9072712	USD
	orc	Net Portfolio Income NetPortfolioIncome	-891699	USD
CY2012Q3	orc	Net Portfolio Income NetPortfolioIncome	779952	USD
CY2012Q3	orc	Realized Gains On Investments RealizedGainsOnInvestments	-336	USD
CY2012Q3	orc	Unrealized Gains On Investments UnrealizedGainsOnInvestments	156014	USD
CY2012Q3	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	696905	USD
CY2012Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	638524	USD
	us-gaap	Repurchase Agreements Interest Expense Amount RepurchaseAgreementsInterestExpenseAmount	817219	USD
CY2012Q3	us-gaap	Repurchase Agreements Interest Expense Amount RepurchaseAgreementsInterestExpenseAmount	58381	USD
	us-gaap	Profit Loss ProfitLoss	801556	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	558344	USD
	orc	Net Portfolio Income NetPortfolioIncome	1359900	USD
	orc	Realized Gains On Investments RealizedGainsOnInvestments	115871	USD
	orc	Management Fees ManagementFees	185000	USD
	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	90184	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	2041934	USD
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	2224749	USD
	orc	Directors Fees And Liability Insurance DirectorsFeesAndLiabilityInsurance	0	USD
	us-gaap	Repurchase Agreements Interest Expense Amount RepurchaseAgreementsInterestExpenseAmount	182815	USD
	us-gaap	Professional Fees ProfessionalFees	133237	USD
	orc	Unrealized Gains On Investments UnrealizedGainsOnInvestments	-758405	USD
	orc	Direct Reit Operating Expenses DirectReitOperatingExpenses	149923	USD
CY2013Q3	orc	Unrealized Gains On Investments UnrealizedGainsOnInvestments	86070	USD
CY2013Q3	us-gaap	Profit Loss ProfitLoss	-997107	USD
CY2013Q3	us-gaap	Repurchase Agreements Interest Expense Amount RepurchaseAgreementsInterestExpenseAmount	293913	USD
CY2013Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	2257286	USD
CY2013Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	401406	USD
CY2013Q3	orc	Net Portfolio Income NetPortfolioIncome	-595701	USD
CY2013Q3	orc	Management Fees ManagementFees	179500	USD
CY2013Q3	orc	Realized Gains On Investments RealizedGainsOnInvestments	-667182	USD
CY2013Q3	orc	Direct Reit Operating Expenses DirectReitOperatingExpenses	36550	USD
CY2013Q3	orc	Directors Fees And Liability Insurance DirectorsFeesAndLiabilityInsurance	82924	USD
CY2013Q3	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	2551199	USD
CY2013Q3	us-gaap	Professional Fees ProfessionalFees	70949	USD
CY2013Q3	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	31483	USD
CY2013Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.405
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.82
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	981665	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	981665	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.82
CY2013Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3341665	shares
CY2013Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.30
CY2013Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.30
CY2013Q3	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	3341665	shares
	us-gaap	Gain Loss On Derivative Instruments Held For Trading Purposes Net GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet	4095788	USD
	us-gaap	Gain Loss On Derivative Instruments Held For Trading Purposes Net GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet	-39500	USD
CY2013Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.135
CY2013Q3	orc	Payment Date PaymentDate	September 30, 2013
CY2013Q4	orc	Record Date RecordDate	October 25, 2013
CY2013Q3	us-gaap	Gain Loss On Derivative Instruments Held For Trading Purposes Net GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet	-2271875	USD
CY2012Q3	us-gaap	Gain Loss On Derivative Instruments Held For Trading Purposes Net GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet	-14250	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	-3157873	USD
	us-gaap	Dividends Common Stock Stock DividendsCommonStockStock	0	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	7523291	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1683413	USD
	orc	Payments To Acquire Mortgage Backed Securities Mbs Categorized As Trading PaymentsToAcquireMortgageBackedSecuritiesMbsCategorizedAsTrading	489923917	USD
	orc	Payments To Acquire Mortgage Backed Securities Mbs Categorized As Trading PaymentsToAcquireMortgageBackedSecuritiesMbsCategorizedAsTrading	109739149	USD
	orc	Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Trading ProceedsFromSaleOfMortgageBackedSecuritiesMbsCategorizedAsTrading	237375025	USD
	orc	Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Trading ProceedsFromSaleOfMortgageBackedSecuritiesMbsCategorizedAsTrading	91041151	USD
	orc	Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Categorized As Trading ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesCategorizedAsTrading	22563699	USD
	orc	Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Categorized As Trading ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesCategorizedAsTrading	7248554	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-82625	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	2131875	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-232117068	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-11366819	USD
	orc	Proceeds From Securities Sold Under Agreements To Repurchase ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase	2423975175	USD
	orc	Proceeds From Securities Sold Under Agreements To Repurchase ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase	389050234	USD
	orc	Payments For Securities Sold Under Agreements To Repurchase PaymentsForSecuritiesSoldUnderAgreementsToRepurchase	2226259826	USD
	orc	Payments For Securities Sold Under Agreements To Repurchase PaymentsForSecuritiesSoldUnderAgreementsToRepurchase	376803831	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	229957476	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	12246403	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	5363699	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	2562997	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1891914	USD
	us-gaap	Interest Paid InterestPaid	793606	USD
	us-gaap	Interest Paid InterestPaid	162854	USD
	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-36708	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	31346	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	19961	USD
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	241	USD
	orc	Increase Decrease In Due To Bimini Capital IncreaseDecreaseInDueToBiminiCapital	213759	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	23613	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	118425	USD
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-19540	USD
	orc	Increase Decrease In Due To Bimini Capital IncreaseDecreaseInDueToBiminiCapital	125004	USD
	us-gaap	Gain Loss On Investments Excluding Other Than Temporary Impairments GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments	-10563424	USD
	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	907884	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3157873	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	0	USD
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	35400000	USD
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	0	USD
CY2013Q3	orc	Securities Acquisitions Settled In Later Period SecuritiesAcquisitionsSettledInLaterPeriod	38720351	USD
CY2012Q3	orc	Securities Acquisitions Settled In Later Period SecuritiesAcquisitionsSettledInLaterPeriod	0	USD
CY2013Q3	orc	Securities Sales Settled In Later Period SecuritiesSalesSettledInLaterPeriod	40955374	USD
CY2012Q3	orc	Securities Sales Settled In Later Period SecuritiesSalesSettledInLaterPeriod	0	USD
CY2013Q4	orc	Declaration Date DeclarationDate	October 10, 2013
CY2013Q4	orc	Payment Date PaymentDate	October 31, 2013
	us-gaap	Cash Uninsured Amount Commentary CashUninsuredAmountCommentary	The Company maintains cash balances at three banks, and, at times, balances may exceed federally insured limits. The Company has not experienced any losses related to these balances. All non-interest bearing cash balances were fully insured at December 31, 2012 due to a temporary federal program in effect from December 31, 2010 through December 31, 2012. Under the program, there was no limit to the amount of insurance for eligible accounts. Beginning January 1, 2013, insurance reverted to $250,000 per depositor at each financial institution. At September 30, 2013, the Company’s cash deposits exceeded federally insured limits by approximately $7.4 million. Restricted cash balances are uninsured, but are held in separate customer accounts that are segregated from the general funds of the counterparty. The Company believes that it is not exposed to any significant credit risk on cash and cash equivalents or restricted cash balances.
	orc	Income Required To Be Distributed Commentary IncomeRequiredToBeDistributedCommentary	Bimini has elected to be taxed as a real estate investment trust (“REIT”) under the Internal Revenue Code of 1986, as amended (the “Code”). Until the closing of its IPO on February 20, 2013, Orchid was a “qualified REIT subsidiary” of Bimini under the Code. Beginning with its short tax period commencing on February 20, 2013 and ending December 31, 2013, Orchid expects to elect and intends to qualify to be taxed as a REIT. REITs are generally not subject to federal income tax on their REIT taxable income provided that they distribute to their stockholders at least 90% of their REIT taxable income on an annual basis. In addition, a REIT must meet other provisions of the Code to retain its tax status.
CY2013Q3	us-gaap	Margin Deposit Assets MarginDepositAssets	2581000	USD
CY2013Q3	orc	Repurchaseagreementcashcollateral Repurchaseagreementcashcollateral	0	USD
CY2013Q3	orc	Repurchase Agreement Amount At Risk RepurchaseAgreementAmountAtRisk	18200000	USD
CY2012Q4	us-gaap	Margin Deposit Assets MarginDepositAssets	0	USD
CY2012Q4	orc	Repurchaseagreementcashcollateral Repurchaseagreementcashcollateral	449000	USD
CY2013Q3	us-gaap	Cash Uninsured Amount CashUninsuredAmount	7400000	USD
	orc	Intial Public Offering Date IntialPublicOfferingDate	February 20, 2013
CY2013Q3	orc	Bimini Ownership Percentage BiminiOwnershipPercentage	0.2938
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	2360000	shares
CY2013Q3	orc	Unpledged Unsettled Securities Purchases UnpledgedUnsettledSecuritiesPurchases	38800000	USD
CY2012Q4	orc	Unpledged Unsettled Securities Purchases UnpledgedUnsettledSecuritiesPurchases	0	USD
CY2012Q4	orc	Mortgage Backed Securities After Five Through Ten Years Fair Value MortgageBackedSecuritiesAfterFiveThroughTenYearsFairValue	12980000	USD
CY2012Q4	orc	Mortgage Backed Securities After Ten Years Fair Value MortgageBackedSecuritiesAfterTenYearsFairValue	102400000	USD
CY2013Q3	orc	Mortgage Backed Securities After Ten Years Fair Value MortgageBackedSecuritiesAfterTenYearsFairValue	330125000	USD
CY2013Q3	orc	Mortgage Backed Securities After Five Through Ten Years Fair Value MortgageBackedSecuritiesAfterFiveThroughTenYearsFairValue	1662000	USD
	us-gaap	Schedule Of Repurchase Agreements ScheduleOfRepurchaseAgreements	<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial Narrow;font-size:11pt;margin-left:18px;">As of </font><font style="font-family:Arial Narrow;font-size:11pt;">September 30, 2013</font><font style="font-family:Arial Narrow;font-size:11pt;"> </font><font style="font-family:Arial Narrow;font-size:11pt;">and </font><font style="font-family:Arial Narrow;font-size:11pt;">December 31, </font><font style="font-family:Arial Narrow;font-size:11pt;">2012</font><font style="font-family:Arial Narrow;font-size:11pt;">, </font><font style="font-family:Arial Narrow;font-size:11pt;">the Company's</font><font style="font-family:Arial Narrow;font-size:11pt;"> repurchase agreements had remaining maturities as summarized below:</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td colspan="2" style="width: 295px; border-bottom-style:solid;border-bottom-width:2px;text-align:left;border-color:#000000;min-width:295px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">(in thousands)</font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:2px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:2px;text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:2px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:2px;text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:2px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:2px;text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:2px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:2px;text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:2px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 64px; border-bottom-style:solid;border-bottom-width:2px;text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 17px"><td style="width: 15px; border-top-style:solid;border-top-width:2px;text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 280px; border-top-style:solid;border-top-width:2px;text-align:left;border-color:#000000;min-width:280px;"> </td><td colspan="2" style="width: 84px; border-top-style:solid;border-top-width:2px;text-align:center;border-color:#000000;min-width:84px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">OVERNIGHT</font></td><td colspan="2" style="width: 84px; border-top-style:solid;border-top-width:2px;text-align:center;border-color:#000000;min-width:84px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">BETWEEN 2</font></td><td colspan="2" style="width: 84px; border-top-style:solid;border-top-width:2px;text-align:center;border-color:#000000;min-width:84px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">BETWEEN 31</font></td><td style="width: 10px; border-top-style:solid;border-top-width:2px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-top-style:solid;border-top-width:2px;text-align:center;border-color:#000000;min-width:74px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">GREATER </font></td><td style="width: 10px; border-top-style:solid;border-top-width:2px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 64px; border-top-style:solid;border-top-width:2px;text-align:center;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 17px"><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 280px; text-align:left;border-color:#000000;min-width:280px;"> </td><td colspan="2" style="width: 84px; text-align:center;border-color:#000000;min-width:84px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">(1 DAY OR</font></td><td colspan="2" style="width: 84px; text-align:center;border-color:#000000;min-width:84px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">AND</font></td><td colspan="2" style="width: 84px; text-align:center;border-color:#000000;min-width:84px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">AND</font></td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; text-align:center;border-color:#000000;min-width:74px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">THAN</font></td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 64px; text-align:center;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 17px"><td style="width: 15px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 280px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:280px;"> </td><td colspan="2" style="width: 84px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:84px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">LESS)</font></td><td colspan="2" style="width: 84px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:84px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">30 DAYS</font></td><td colspan="2" style="width: 84px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:84px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">90 DAYS</font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:74px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">90 DAYS</font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 64px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:64px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">TOTAL</font></td></tr><tr style="height: 17px"><td colspan="12" style="width: 705px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:705px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">September 30, 2013</font></td></tr><tr style="height: 17px"><td colspan="2" style="width: 295px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:295px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Fair market value of securities pledged, including</font></td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 17px"><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 280px; text-align:left;border-color:#000000;min-width:280px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">accrued interest receivable and receivable for</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 17px"><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 280px; text-align:left;border-color:#000000;min-width:280px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">securities sold</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> 25,386</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> 192,889</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> 101,706</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> 319,981</font></td></tr><tr style="height: 17px"><td colspan="2" style="width: 295px; text-align:left;border-color:#000000;min-width:295px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Repurchase agreement liabilities associated with</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 17px"><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 280px; text-align:left;border-color:#000000;min-width:280px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">these securities</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> 25,067</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> 181,002</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> 95,588</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> 301,657</font></td></tr><tr style="height: 17px"><td colspan="2" style="width: 295px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:295px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Net weighted average borrowing rate</font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">0.35%</font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">0.38%</font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">0.34%</font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">- </font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 64px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">0.37%</font></td></tr><tr style="height: 17px"><td colspan="12" style="width: 705px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:705px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">December 31, 2012</font></td></tr><tr style="height: 17px"><td colspan="2" style="width: 295px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:295px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Fair market value of securities pledged, including</font></td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 17px"><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 280px; text-align:left;border-color:#000000;min-width:280px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">accrued interest receivable</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> 109,863</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> 109,863</font></td></tr><tr style="height: 17px"><td colspan="2" style="width: 295px; text-align:left;border-color:#000000;min-width:295px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Repurchase agreement liabilities associated with</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 17px"><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 280px; text-align:left;border-color:#000000;min-width:280px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">these securities</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> 103,941</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;"> 103,941</font></td></tr><tr style="height: 17px"><td colspan="2" style="width: 295px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:295px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Net weighted average borrowing rate</font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">- </font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">0.49%</font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">- </font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">- </font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 64px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial Narrow;FONT-SIZE: 10pt;COLOR: #000000;">0.49%</font></td></tr></table></div>
CY2013Q3	orc	Collateral Held On Repurchase Agreements CollateralHeldOnRepurchaseAgreements	319981000	USD
CY2012Q4	orc	Collateral Held On Repurchase Agreements CollateralHeldOnRepurchaseAgreements	109863000	USD
CY2013Q3	orc	Weighted Average Borrowing Rate WeightedAverageBorrowingRate	0.0037
CY2012Q4	orc	Weighted Average Borrowing Rate WeightedAverageBorrowingRate	0.0049
	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Type DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsType	Eurodollar futures contracts
	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Risk DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsRisk	interest rate risk
CY2013Q3	orc	Locked In Libor Rate LockedInLiborRate	0.0195
CY2013Q3	orc	Eurodollar Futures Contracts EurodollarFuturesContracts	4167000	USD
CY2013Q2	orc	Record Date RecordDate	June 25, 2013
CY2013Q2	orc	Payment Date PaymentDate	June 28, 2013
CY2013Q3	orc	Record Date RecordDate	August 26, 2013
CY2013Q3	orc	Stock Dividend Declaration Date StockDividendDeclarationDate	2/14/2013
CY2013Q3	orc	Stock Dividend Issue Date StockDividendIssueDate	2/20/2013
	us-gaap	Stockholders Equity Note Stock Split Conversion Ratio StockholdersEquityNoteStockSplitConversionRatio	5.37	shares
	us-gaap	Stock Dividends Shares StockDividendsShares	827555	shares
CY2012	orc	Stock Issuance Date StockIssuanceDate	July 15, 2012
CY2012	orc	Shares Issued During Period SharesIssuedDuringPeriod	4110	shares
CY2012	orc	Non Cash Issuance Of Common Stock NonCashIssuanceOfCommonStock	411000	USD
CY2013Q1	orc	Declaration Date DeclarationDate	March 8, 2013
CY2013Q1	orc	Record Date RecordDate	March 25, 2013
CY2013Q1	orc	Payment Date PaymentDate	March 27, 2013
CY2013Q2	orc	Record Date RecordDate	April 25, 2013
CY2013Q2	orc	Payment Date PaymentDate	April 30, 2013
CY2013Q2	orc	Declaration Date DeclarationDate	April 10, 2013
CY2013Q2	us-gaap	Dividends Dividends	451125	USD
CY2013Q2	orc	Declaration Date DeclarationDate	May 9, 2013
CY2013Q2	orc	Payment Date PaymentDate	May 31, 2013
CY2013Q2	orc	Record Date RecordDate	May 28, 2013
CY2013Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.135
CY2013Q3	orc	Declaration Date DeclarationDate	July 9, 2013
CY2013Q3	orc	Record Date RecordDate	July 25, 2013
CY2013Q3	orc	Payment Date PaymentDate	July 31, 2013
CY2013Q3	us-gaap	Dividends Dividends	451125	USD
CY2013Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.135
CY2013Q2	orc	Declaration Date DeclarationDate	June 10, 2013
CY2013Q2	us-gaap	Dividends Dividends	451125	USD
CY2013Q3	us-gaap	Dividends Dividends	451125	USD
CY2013Q3	orc	Declaration Date DeclarationDate	August 12, 2013
CY2013Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.135
CY2013Q3	orc	Payment Date PaymentDate	August 30, 2013
CY2013Q3	orc	Record Date RecordDate	September 25, 2013
CY2013Q3	us-gaap	Dividends Dividends	451125	USD
CY2013Q3	orc	Declaration Date DeclarationDate	September 10, 2013
CY2013Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.135
CY2013Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.135
CY2013Q4	us-gaap	Dividends Dividends	451125	USD
	us-gaap	Legal Fees LegalFees	71286	USD
	orc	Other Professional Fees OtherProfessionalFees	250150	USD
CY2012Q3	us-gaap	Legal Fees LegalFees	0	USD
CY2012Q3	orc	Other Professional Fees OtherProfessionalFees	72301	USD
	us-gaap	Legal Fees LegalFees	0	USD
	orc	Other Professional Fees OtherProfessionalFees	133237	USD
CY2013Q3	us-gaap	Legal Fees LegalFees	10949	USD
CY2013Q3	orc	Other Professional Fees OtherProfessionalFees	60000	USD
CY2013Q3	orc	Maximum Number Of Shares MaximumNumberOfShares	4000000	shares
CY2013Q3	orc	Percentage Of Outstanding Shares Limitation PercentageOfOutstandingSharesLimitation	0.10
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	802000	USD
	orc	Weighted Average Shares Diluted WeightedAverageSharesDiluted	2901000	shares
	orc	Income Loss Per Share Diluted IncomeLossPerShareDiluted	-0.74
	orc	Income Loss Per Share Diluted IncomeLossPerShareDiluted	0.82
CY2013Q3	orc	Effect Of Weighting EffectOfWeighting	0	shares
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2143000	USD
	orc	Common Shares Outstanding CommonSharesOutstanding	3342000	shares
	orc	Effect Of Weighting EffectOfWeighting	-441000	shares
	orc	Weighted Average Shares Basic WeightedAverageSharesBasic	2901000	shares
	orc	Income Loss Per Share Basic IncomeLossPerShareBasic	-0.74
	orc	Common Shares Outstanding CommonSharesOutstanding	982000	shares
	orc	Effect Of Weighting EffectOfWeighting	0	shares
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	802000	USD
	orc	Weighted Average Shares Diluted WeightedAverageSharesDiluted	982000	shares
	orc	Weighted Average Shares Basic WeightedAverageSharesBasic	982000	shares
	orc	Income Loss Per Share Basic IncomeLossPerShareBasic	0.82
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-2143000	USD
CY2013Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-997000	USD
CY2013Q3	orc	Income Loss Per Share Basic IncomeLossPerShareBasic	-0.30
CY2013Q3	orc	Common Shares Outstanding CommonSharesOutstanding	3342000	shares
CY2013Q3	orc	Income Loss Per Share Diluted IncomeLossPerShareDiluted	-0.30
CY2013Q3	orc	Weighted Average Shares Basic WeightedAverageSharesBasic	3342000	shares
CY2013Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-997000	USD
CY2013Q3	orc	Weighted Average Shares Diluted WeightedAverageSharesDiluted	3342000	shares
CY2012Q3	orc	Common Shares Outstanding CommonSharesOutstanding	982000	shares
CY2012Q3	orc	Effect Of Weighting EffectOfWeighting	0	shares
CY2012Q3	orc	Weighted Average Shares Basic WeightedAverageSharesBasic	982000	shares
CY2012Q3	orc	Weighted Average Shares Diluted WeightedAverageSharesDiluted	982000	shares
CY2012Q3	orc	Income Loss Per Share Basic IncomeLossPerShareBasic	0.56
CY2012Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	545000	USD
CY2012Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	545000	USD
CY2012Q3	orc	Income Loss Per Share Diluted IncomeLossPerShareDiluted	0.56
	orc	Management Fees And Allocated Expenses ManagementFeesAndAllocatedExpenses	250000	USD
	orc	Management Fees And Allocated Expenses ManagementFeesAndAllocatedExpenses	504000	USD
CY2012Q3	orc	Management Fees And Allocated Expenses ManagementFeesAndAllocatedExpenses	86000	USD
CY2013Q3	orc	Management Fees And Allocated Expenses ManagementFeesAndAllocatedExpenses	180000	USD

Files In Submission

Name	View Source	Status
0001140361-13-040497-index-headers.html	Edgar Link	pending
0001140361-13-040497-index.html	Edgar Link	pending
0001140361-13-040497.txt	Edgar Link	pending
0001140361-13-040497-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
orc-20130930.xml	Edgar Link	completed
orc-20130930.xsd	Edgar Link	pending
orc-20130930_cal.xml	Edgar Link	unprocessable
orc-20130930_def.xml	Edgar Link	unprocessable
orc-20130930_lab.xml	Edgar Link	unprocessable
orc-20130930_pre.xml	Edgar Link	unprocessable
orc10q20130930.htm	Edgar Link	pending
orc10q20130930312.htm	Edgar Link	pending
orc10q20130930321.htm	Edgar Link	pending
orc10q20130930322.htm	Edgar Link	pending
orc10q20130930x311.htm	Edgar Link	pending
orclogo.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$ORC
Orchid Island Capital, Inc. Stock $orc

2013 Q3 Form 10-Q Financial Statement

#000114036113040497 Filed on November 04, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ORC Orchid Island Capital, Inc. Stock $orc

2013 Q3 Form 10-Q Financial Statement

#000114036113040497 Filed on November 04, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ORC
Orchid Island Capital, Inc. Stock $orc