$ORC
Orchid Island Capital, Inc. Stock $orc

$orc Overview Financials Valuation SEC Filings Company Website

2014 Q1 Form 10-K Financial Statement

#000127547714000019 Filed on February 21, 2014

Income Statement

Concept	2014 Q1	2012 Q4	2012 Q3
Revenue	$3.783M	$0.00	$696.9K
YoY Change	167.73%	-100.0%	-269.98%
Cost Of Revenue	$710.0K	$160.0K	$120.0K
YoY Change	115.15%	300.0%	500.0%
Gross Profit	$3.830M	-$160.0K	$720.0K
YoY Change	471.64%	-633.33%	-267.44%
Gross Profit Margin	101.24%		103.31%
Selling, General & Admin	$535.0K	$60.00K	$120.0K
YoY Change	34.42%	200.0%	-89.09%
% of Gross Profit	13.97%		16.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$535.0K	$110.0K	$170.0K
YoY Change	34.42%	0.0%	-85.95%
Operating Profit	$3.295M	-$270.0K	$550.0K
YoY Change	1111.4%	237.5%	-133.54%
Interest Expense	$411.0K
YoY Change
% of Operating Profit	12.47%
Other Income/Expense, Net	$232.0K
YoY Change	-15.02%
Pretax Income	$3.600M	-$270.0K	$550.0K
YoY Change	800.0%	237.5%	-133.54%
Income Tax		$0.00	$0.00
% Of Pretax Income			0.0%
Net Earnings	$3.595M	-$270.0K	$545.4K
YoY Change	798.75%	237.5%	-133.26%
Net Earnings / Revenue	95.03%		78.26%
Basic Earnings Per Share	$0.71
Diluted Earnings Per Share	$0.71	-$275.5K	$561.2K
COMMON SHARES
Basic Shares Outstanding	5.412M shares	3.342M shares
Diluted Shares Outstanding	5.094M shares		981.7K shares

Balance Sheet

Concept	2014 Q1	2012 Q4	2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$43.60M	$2.500M	$4.500M
YoY Change	1514.81%	31.58%
Cash & Equivalents	$43.57M	$8.169M	$2.537M
Short-Term Investments
Other Short-Term Assets		$0.00	$0.00
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$46.50M	$3.000M	$4.800M
YoY Change	956.82%	30.43%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$747.8M	$115.4M	$66.80M
YoY Change	107.55%	106.07%
Other Assets	$600.0K	$400.0K	$0.00
YoY Change	-70.0%	300.0%
Total Long-Term Assets	$753.6M	$115.9M	$66.90M
YoY Change	107.99%	106.64%
TOTAL ASSETS
Total Short-Term Assets	$46.50M	$3.000M	$4.800M
Total Long-Term Assets	$753.6M	$115.9M	$66.90M
Total Assets	$800.1M	$118.9M	$71.70M
YoY Change	118.18%	103.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$100.0K	$0.00	$0.00
YoY Change		-100.0%
Accrued Expenses	$100.0K	$100.0K	$0.00
YoY Change	0.0%
Deferred Revenue
YoY Change
Short-Term Debt	$651.2M	$103.9M	$56.60M
YoY Change	105.82%	134.54%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$690.9M	$104.0M	$56.60M
YoY Change	118.29%	133.71%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$1.700M	$100.0K	$0.00
YoY Change	1600.0%
Total Long-Term Liabilities	$1.700M	$100.0K	$0.00
YoY Change	1600.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$690.9M	$104.0M	$56.60M
Total Long-Term Liabilities	$1.700M	$100.0K	$0.00
Total Liabilities	$692.7M	$104.1M	$56.70M
YoY Change	118.77%	133.55%
SHAREHOLDERS EQUITY
Retained Earnings	$0.00	-$686.0K
YoY Change		-43.79%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$107.4M	$14.73M	$15.00M
YoY Change
Total Liabilities & Shareholders Equity	$800.1M	$118.9M	$71.70M
YoY Change	118.2%	103.64%

Cashflow Statement

Concept	2014 Q1	2012 Q4	2012 Q3
OPERATING ACTIVITIES
Net Income	$3.595M	-$270.0K	$545.4K
YoY Change	798.75%	237.5%	-133.26%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$89.19K	$200.0K	$490.0K
YoY Change	-109.6%	-48.72%	-222.5%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$356.4M	-$49.48M	-$4.660M
YoY Change	44.66%	1089.42%	-80.22%
Cash From Investing Activities	-$356.4M	-$49.48M	-$4.660M
YoY Change	44.66%	1089.42%	-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	391.7M	47.37M	5.750M
YoY Change	58.31%	1124.03%	-75.99%
NET CHANGE
Cash From Operating Activities	$89.19K	200.0K	490.0K
Cash From Investing Activities	-356.4M	-49.48M	-4.660M
Cash From Financing Activities	391.7M	47.37M	5.750M
Net Change In Cash	$89.19K	-1.910M	1.580M
YoY Change	-109.6%	-2010.0%	-15900.0%
FREE CASH FLOW
Cash From Operating Activities	$89.19K	$200.0K	$490.0K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013	orc	Directors Fees And Liability Insurance DirectorsFeesAndLiabilityInsurance	290232	USD
CY2013Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	91461	USD
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	154110	shares
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000	shares
CY2012	us-gaap	Repurchase Agreements Interest Expense Amount RepurchaseAgreementsInterestExpenseAmount	277328	USD
CY2012	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	2420594	USD
CY2012Q4	us-gaap	Liabilities Liabilities	104135981	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2537257	USD
CY2013	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.395
CY2012Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	54084	USD
CY2013	orc	Payments For Securities Sold Under Agreements To Repurchase PaymentsForSecuritiesSoldUnderAgreementsToRepurchase	3105054182	USD
CY2013	dei	Entity Registrant Name EntityRegistrantName	Orchid Island Capital, Inc.
CY2013	dei	Entity Central Index Key EntityCentralIndexKey	0001518621
CY2013	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2013	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2013	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2013	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2013	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2013	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
CY2013	dei	Trading Symbol TradingSymbol	ORC
CY2013Q4	orc	Mortgage Backed Securities At Fair Value Pledged As Collateral MortgageBackedSecuritiesAtFairValuePledgedAsCollateral	335774980	USD
CY2013Q4	orc	Mortgage Backed Securities At Fair Value Unpledged MortgageBackedSecuritiesAtFairValueUnpledged	15447532	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8169402	USD
CY2013Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	2445625	USD
CY2013Q4	us-gaap	Interest Receivable InterestReceivable	1559437	USD
CY2013Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	318557054	USD
CY2013Q4	us-gaap	Other Liabilities OtherLiabilities	80260	USD
CY2013Q4	us-gaap	Liabilities Liabilities	318810700	USD
CY2013Q4	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	33417	USD
CY2013Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	46115961	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1384031	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	44765347	USD
CY2013	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	1118560	USD
CY2013	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	9198858	USD
CY2013	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	5632145	USD
CY2012Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2537257	USD
CY2013Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.135
CY2013Q2	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	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	363576047	USD
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3341665	shares
CY2013Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3341665	shares
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
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	Common Stock Value Outstanding CommonStockValueOutstanding	1541	USD
CY2012Q4	us-gaap	Assets Assets	118860956	USD
CY2012Q4	us-gaap	Interest Receivable InterestReceivable	440877	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-686025	USD
CY2012Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	15409459	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	14724975	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	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	449000	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
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2013Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2013Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2013Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2012Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	0	shares
CY2012Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2012Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	179071	USD
CY2013Q4	us-gaap	Assets Assets	363576047	USD
CY2012Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	9122	USD
CY2013	orc	Direct Reit Operating Expenses DirectReitOperatingExpenses	167989	USD
CY2013	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	125778	USD
CY2013	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1668098	USD
CY2013	us-gaap	Profit Loss ProfitLoss	-698006	USD
CY2013	orc	Management Fees ManagementFees	664100	USD
CY2013	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	8072654	USD
CY2013	orc	Net Portfolio Income NetPortfolioIncome	970092	USD
CY2013	us-gaap	Gain Loss On Derivative Instruments Held For Trading Purposes Net GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet	4828288	USD
CY2013	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	-4661622	USD
CY2013	us-gaap	Dividends Common Stock Stock DividendsCommonStockStock	0	USD
CY2013	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	10098473	USD
CY2013	orc	Payments To Acquire Mortgage Backed Securities Mbs Categorized As Trading PaymentsToAcquireMortgageBackedSecuritiesMbsCategorizedAsTrading	687584182	USD
CY2013	orc	Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Trading ProceedsFromSaleOfMortgageBackedSecuritiesMbsCategorizedAsTrading	408981989	USD
CY2013	orc	Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Categorized As Trading ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesCategorizedAsTrading	30778232	USD
CY2013	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	1996625	USD
CY2013	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-249820586	USD
CY2013	orc	Proceeds From Securities Sold Under Agreements To Repurchase ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase	3319670062	USD
CY2013	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	245354258	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1891914	USD
CY2013	us-gaap	Interest Paid InterestPaid	1088827	USD
	us-gaap	Interest Paid InterestPaid	234740	USD
CY2013	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	37377	USD
CY2013	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	119776	USD
CY2013	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-60463	USD
CY2013Q2	orc	Declaration Date DeclarationDate	May 9, 2013
CY2013Q2	orc	Record Date RecordDate	June 25, 2013
CY2013Q2	orc	Payment Date PaymentDate	June 28, 2013
CY2013Q3	orc	Record Date RecordDate	August 26, 2013
CY2013	us-gaap	Repurchase Agreements Interest Expense Amount RepurchaseAgreementsInterestExpenseAmount	1126204	USD
CY2012	orc	Payments For Securities Sold Under Agreements To Repurchase PaymentsForSecuritiesSoldUnderAgreementsToRepurchase	521846336	USD
CY2013	us-gaap	Gain Loss On Investments Excluding Other Than Temporary Impairments GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments	-11930850	USD
CY2013Q4	us-gaap	Dividends Dividends	451125	USD
CY2014Q1	us-gaap	Dividends Dividends	974100	USD
CY2014Q1	us-gaap	Dividends Dividends	925500	USD
CY2013Q1	us-gaap	Dividends Dividends	451125	USD
CY2013Q2	us-gaap	Dividends Dividends	451125	USD
CY2013	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-698000	USD
CY2013	orc	Effect Of Weighting EffectOfWeighting	-330000	shares
CY2013Q2	orc	Record Date RecordDate	May 28, 2013
CY2013Q1	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	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.135
CY2013	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-698000	USD
CY2013Q4	us-gaap	Due From Related Parties DueFromRelatedParties	0	USD
CY2012Q4	us-gaap	Due From Related Parties DueFromRelatedParties	45126	USD
CY2013Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	81925	USD
CY2013	us-gaap	Stock Dividends Shares StockDividendsShares	827555	shares
CY2013	us-gaap	Stockholders Equity Note Stock Split Conversion Ratio1 StockholdersEquityNoteStockSplitConversionRatio1	5.37	pure
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	orc	Payment Date PaymentDate	May 31, 2013
CY2013	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	4661622	USD
CY2013	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	35400000	USD
CY2013Q4	us-gaap	Margin Deposit Assets MarginDepositAssets	2446000	USD
CY2013Q4	orc	Repurchaseagreementcashcollateral Repurchaseagreementcashcollateral	0	USD
CY2013Q4	orc	Repurchase Agreement Amount At Risk RepurchaseAgreementAmountAtRisk	18300000	USD
CY2012Q4	us-gaap	Margin Deposit Assets MarginDepositAssets	0	USD
CY2012Q4	orc	Repurchaseagreementcashcollateral Repurchaseagreementcashcollateral	449000	USD
CY2013Q4	us-gaap	Cash Uninsured Amount CashUninsuredAmount	7400000	USD
CY2013	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	2360000	shares
CY2013Q4	orc	Stock Dividend Declaration Date StockDividendDeclarationDate	2/14/2013
CY2013Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.135
CY2013Q2	orc	Declaration Date DeclarationDate	June 10, 2013
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	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.135
CY2012Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	0	USD
CY2013	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	127051	USD
CY2013	dei	Document Period End Date DocumentPeriodEndDate	2013-12-31
CY2013	orc	Intial Public Offering Date IntialPublicOfferingDate	2013-02-20
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	4000000	shares
CY2013	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Outstanding Stock Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum	0.1	pure
CY2013Q4	orc	Stock Dividend Issue Date StockDividendIssueDate	2013-02-20
CY2013	us-gaap	Management Fee Expense ManagementFeeExpense	679000	USD
CY2013Q4	orc	Federal Deposit Insurance Corporation Per Depositor Limit FederalDepositInsuranceCorporationPerDepositorLimit	250000	USD
CY2013Q4	us-gaap	Mortgage Backed Securities Available For Sale Fair Value Disclosure MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure	351222512	USD
CY2012Q4	us-gaap	Mortgage Backed Securities Available For Sale Fair Value Disclosure MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure	115379574	USD
CY2012	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	2697922	USD
CY2012	orc	Realized Gains On Investments RealizedGainsOnInvestments	-307795	USD
CY2012	orc	Unrealized Gains On Investments UnrealizedGainsOnInvestments	-805932	USD
CY2012	us-gaap	Gain Loss On Derivative Instruments Held For Trading Purposes Net GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet	-39725	USD
CY2012	orc	Net Portfolio Income NetPortfolioIncome	1267142	USD
CY2013	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.23
CY2013	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.23
CY2012	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.54
CY2013	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	3011912	shares
CY2014Q1	orc	Declaration Date DeclarationDate	January 9, 2014
CY2014Q1	dei	Entity Public Float EntityPublicFloat	26535271	USD
CY2012	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.54
CY2013Q2	us-gaap	Dividends Dividends	451125	USD
CY2013Q2	us-gaap	Dividends Dividends	451125	USD
CY2013Q3	us-gaap	Dividends Dividends	451125	USD
CY2013	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3011912	shares
CY2012	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	981665	shares
CY2012	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	981665	shares
CY2012	us-gaap	Gain Loss On Investments Excluding Other Than Temporary Impairments GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments	-1113727	USD
CY2012	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	66317	USD
CY2012	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-791	USD
CY2012	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	42588	USD
CY2012	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	126140	USD
CY2012	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	127813	USD
CY2012	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1879085	USD
CY2012	orc	Payments To Acquire Mortgage Backed Securities Mbs Categorized As Trading PaymentsToAcquireMortgageBackedSecuritiesMbsCategorizedAsTrading	199077871	USD
CY2012	orc	Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Trading ProceedsFromSaleOfMortgageBackedSecuritiesMbsCategorizedAsTrading	129068510	USD
CY2012	orc	Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Categorized As Trading ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesCategorizedAsTrading	9517695	USD
CY2012	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	358250	USD
CY2012	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-60849916	USD
CY2012	orc	Proceeds From Securities Sold Under Agreements To Repurchase ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase	581462510	USD
CY2012	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	0	USD
CY2012	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	0	USD
CY2012	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	59616174	USD
CY2012	us-gaap	Interest Paid InterestPaid	234740	USD
CY2012	orc	Non Cash Issuance Of Common Stock NonCashIssuanceOfCommonStock	411000	USD
CY2013	orc	Non Cash Issuance Of Common Stock NonCashIssuanceOfCommonStock	0	USD
CY2012	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	645343	USD
CY2012	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
CY2014Q1	orc	Payment Date PaymentDate	January 31, 2014
CY2014Q1	orc	Declaration Date DeclarationDate	February 11, 2014
CY2014Q1	orc	Record Date RecordDate	February 25, 2014
CY2014Q1	orc	Payment Date PaymentDate	February 28, 2014
CY2013Q3	us-gaap	Dividends Dividends	451125	USD
CY2013Q3	us-gaap	Dividends Dividends	451125	USD
CY2014Q1	orc	Record Date RecordDate	January 27, 2014
CY2013	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 ended December 31, 2013, Orchid will 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.
CY2013	us-gaap	Schedule Of Repurchase Agreements ScheduleOfRepurchaseAgreements	<div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:13.8pt;' ><font style='font-family:Arial Narrow;font-size:11pt;margin-left:18pt;' >As of </font><font style='font-family:Arial Narrow;font-size:11pt;' >December 31, 2013</font><font style='font-family:Arial Narrow;font-size:11pt;' > and </font><font style='font-family:Arial Narrow;font-size:11pt;' >2012</font><font style='font-family:Arial Narrow;font-size:11pt;' >, the Co</font><font style='font-family:Arial Narrow;font-size:11pt;' >mpany’s repurchase agreements had remaining maturities as summarized below:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-style:italic;color:#000000;' >(in thousands)</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;border-top-style:solid;border-top-width:2;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:210pt;border-top-style:solid;border-top-width:2;text-align:left;border-color:Black;min-width:210pt;' ></td><td colspan='2' rowspan='1' style='width:63pt;border-top-style:solid;border-top-width:2;text-align:center;border-color:Black;min-width:63pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >OVERNIGHT</font></td><td colspan='2' rowspan='1' style='width:63pt;border-top-style:solid;border-top-width:2;text-align:center;border-color:Black;min-width:63pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >BETWEEN 2</font></td><td colspan='2' rowspan='1' style='width:63pt;border-top-style:solid;border-top-width:2;text-align:center;border-color:Black;min-width:63pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >BETWEEN 31</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:2;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-top-style:solid;border-top-width:2;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >GREATER </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:2;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:2;text-align:center;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:210pt;text-align:left;border-color:Black;min-width:210pt;' ></td><td colspan='2' rowspan='1' style='width:63pt;text-align:center;border-color:Black;min-width:63pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >(1 DAY OR</font></td><td colspan='2' rowspan='1' style='width:63pt;text-align:center;border-color:Black;min-width:63pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >AND</font></td><td colspan='2' rowspan='1' style='width:63pt;text-align:center;border-color:Black;min-width:63pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >AND</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >THAN</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:210pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:210pt;' ></td><td colspan='2' rowspan='1' style='width:63pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >LESS)</font></td><td colspan='2' rowspan='1' style='width:63pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >30 DAYS</font></td><td colspan='2' rowspan='1' style='width:63pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >90 DAYS</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >90 DAYS</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >TOTAL</font></td></tr><tr style='height:12.75pt;' ><td colspan='12' rowspan='1' style='width:528.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:528.75pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >December 31, 2013</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:221.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >Fair market value of securities pledged, including</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:210pt;text-align:left;border-color:Black;min-width:210pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >accrued interest receivable</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 326,348</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 10,650</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 336,998</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:221.25pt;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >Repurchase agreement liabilities associated with</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:210pt;text-align:left;border-color:Black;min-width:210pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >these securities</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 308,402</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 10,155</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 318,557</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >Net weighted average borrowing rate</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >- </font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >0.39%</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >0.37%</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >0.39%</font></td></tr><tr style='height:12.75pt;' ><td colspan='12' rowspan='1' style='width:528.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:528.75pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >December 31, 2012</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:221.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >Fair market value of securities pledged, including</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:210pt;text-align:left;border-color:Black;min-width:210pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >accrued interest receivable</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 109,863</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 109,863</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:221.25pt;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >Repurchase agreement liabilities associated with</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:210pt;text-align:left;border-color:Black;min-width:210pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >these securities</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 103,941</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 103,941</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >Net weighted average borrowing rate</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >- </font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >0.49%</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >- </font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >- </font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >0.49%</font></td></tr></table></div>
CY2012Q4	orc	Collateral Held On Repurchase Agreements CollateralHeldOnRepurchaseAgreements	109863000	USD
CY2013Q4	orc	Collateral Held On Repurchase Agreements CollateralHeldOnRepurchaseAgreements	336998000	USD
CY2013Q4	orc	Weighted Average Borrowing Rate WeightedAverageBorrowingRate	0.0039	pure
CY2012Q4	orc	Weighted Average Borrowing Rate WeightedAverageBorrowingRate	0.0049	pure
CY2013	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Type DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsType	Eurodollar Futures Contracts
CY2013	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Risk DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsRisk	Interest Rate Risk
CY2013	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Purpose DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsPurpose	Economically hedge a portion of interest rate risk in up-rate environment
CY2013Q4	orc	Stock Ownership Limit StockOwnershipLimit	0.098	pure
CY2013Q4	orc	Bimini Ownership Limit BiminiOwnershipLimit	0.35	pure
CY2012	orc	Management Fees ManagementFees	248900	USD
CY2012	orc	Directors Fees And Liability Insurance DirectorsFeesAndLiabilityInsurance	0	USD
CY2012	orc	Direct Reit Operating Expenses DirectReitOperatingExpenses	199979	USD
CY2012	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	106014	USD
CY2012	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	732799	USD
CY2012	orc	Effect Of Weighting EffectOfWeighting	0	shares
CY2013Q4	orc	Mortgage Backed Securities After Five Through Ten Years Fair Value MortgageBackedSecuritiesAfterFiveThroughTenYearsFairValue	1521000	USD
CY2013Q4	orc	Mortgage Backed Securities After Ten Years Fair Value MortgageBackedSecuritiesAfterTenYearsFairValue	349702000	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
CY2014Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	5411665	shares
CY2013	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	13779632	USD
CY2013Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.135
CY2013Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.18
CY2014Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.18
CY2013Q4	us-gaap	Dividends Dividends	451125	USD
CY2013Q3	orc	Declaration Date DeclarationDate	September 10, 2013
CY2013Q3	orc	Record Date RecordDate	September 25, 2013
CY2013Q3	orc	Payment Date PaymentDate	September 30, 2013
CY2013Q4	orc	Declaration Date DeclarationDate	October 10, 2013
CY2013Q4	orc	Record Date RecordDate	October 25, 2013
CY2013Q4	orc	Payment Date PaymentDate	October 31, 2013
CY2013Q4	orc	Declaration Date DeclarationDate	November 12, 2013
CY2013Q4	orc	Declaration Date DeclarationDate	December 11, 2013
CY2013Q4	orc	Payment Date PaymentDate	December 30, 2013
CY2012	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	534000	USD
CY2012	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	534000	USD
CY2012	us-gaap	Management Fee Expense ManagementFeeExpense	335000	USD
CY2013	orc	Dividends Paid In Shares DividendsPaidInShares	8276	USD
CY2012	orc	Dividends Paid In Shares DividendsPaidInShares	0	USD
CY2014Q1	orc	Secondary Offering Period SecondaryOfferingPeriod	January 23, 2014
CY2014Q1	orc	Underwriters Overallotment Period UnderwritersOverallotmentPeriod	January 29, 2014
CY2014Q1	orc	Stock Issued During Secondary Offering StockIssuedDuringSecondaryOffering	1800000	shares
CY2014Q1	orc	Underwriters Overallotment Shares UnderwritersOverallotmentShares	270000	shares
CY2014Q1	orc	Proceeds From Secondary Offering ProceedsFromSecondaryOffering	24200000	USD
CY2013	us-gaap	Initial Offering Period InitialOfferingPeriod	2013-02-20
CY2013Q4	orc	Shares To Be Issued SharesToBeIssued	0	shares
CY2012Q4	orc	Shares To Be Issued SharesToBeIssued	828000	shares
CY2013	us-gaap	Professional Fees ProfessionalFees	419999	USD
CY2012	us-gaap	Professional Fees ProfessionalFees	177906	USD
CY2013Q4	orc	Undistributed Income UndistributedIncome	100000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Capital Loss Carryforwards DeferredTaxAssetsCapitalLossCarryforwards	5200000	USD

Files In Submission

Name	View Source	Status
0001275477-14-000019-index-headers.html	Edgar Link	pending
0001275477-14-000019-index.html	Edgar Link	pending
0001275477-14-000019.txt	Edgar Link	pending
0001275477-14-000019-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
orc-20131231.xml	Edgar Link	completed
orc-20131231.xsd	Edgar Link	pending
orc-20131231_cal.xml	Edgar Link	unprocessable
orc-20131231_def.xml	Edgar Link	unprocessable
orc-20131231_lab.xml	Edgar Link	unprocessable
orc-20131231_pre.xml	Edgar Link	unprocessable
orc10k20131231.htm	Edgar Link	pending
orc10k20131231x231.htm	Edgar Link	pending
orc10k20131231x311.htm	Edgar Link	pending
orc10k20131231x312.htm	Edgar Link	pending
orc10k20131231x321.htm	Edgar Link	pending
orc10k20131231x322.htm	Edgar Link	pending
orclogo.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R4.htm	Edgar Link	pending
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R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$ORC
Orchid Island Capital, Inc. Stock $orc

2014 Q1 Form 10-K Financial Statement

#000127547714000019 Filed on February 21, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ORC Orchid Island Capital, Inc. Stock $orc

2014 Q1 Form 10-K Financial Statement

#000127547714000019 Filed on February 21, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ORC
Orchid Island Capital, Inc. Stock $orc