2014 Q4 Form 10-Q Financial Statement
#000127547714000092 Filed on October 28, 2014
Income Statement
| Concept | 2014 Q4 | 2014 Q3 |
|---|---|---|
| Revenue | $12.15M | $9.286M |
| YoY Change | 332.86% | 264.01% |
| Cost Of Revenue | $1.860M | $1.360M |
| YoY Change | 287.5% | 189.36% |
| Gross Profit | $4.230M | $7.620M |
| YoY Change | 150.3% | -1076.92% |
| Gross Profit Margin | 34.83% | 82.06% |
| Selling, General & Admin | $1.445M | $1.393M |
| YoY Change | 245.69% | 247.38% |
| % of Gross Profit | 34.16% | 18.28% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $1.445M | $1.393M |
| YoY Change | 245.69% | 247.38% |
| Operating Profit | $2.785M | $6.227M |
| YoY Change | 118.95% | -627.27% |
| Interest Expense | $1.126M | $818.0K |
| YoY Change | ||
| % of Operating Profit | 40.43% | 13.14% |
| Other Income/Expense, Net | $708.0K | $850.0K |
| YoY Change | 190.16% | 284.62% |
| Pretax Income | $3.520M | $6.770M |
| YoY Change | 144.44% | -777.0% |
| Income Tax | $0.00 | |
| % Of Pretax Income | 0.0% | |
| Net Earnings | $3.521M | $6.768M |
| YoY Change | 143.67% | -778.84% |
| Net Earnings / Revenue | 28.99% | 72.88% |
| Basic Earnings Per Share | $0.24 | $0.63 |
| Diluted Earnings Per Share | $0.24 | $0.63 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 13.08M shares | 9.748M shares |
| Diluted Shares Outstanding | 14.57M shares | 10.71M shares |
Balance Sheet
| Concept | 2014 Q4 | 2014 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $93.10M | $55.00M |
| YoY Change | 1035.37% | 596.2% |
| Cash & Equivalents | $93.14M | $55.03M |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $99.30M | $310.1M |
| YoY Change | 913.27% | 515.28% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $1.549B | $1.176B |
| YoY Change | 341.12% | 254.28% |
| Other Assets | $2.600M | $4.800M |
| YoY Change | 8.33% | 84.62% |
| Total Long-Term Assets | $1.559B | $1.191B |
| YoY Change | 340.54% | 255.31% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $99.30M | $310.1M |
| Total Long-Term Assets | $1.559B | $1.191B |
| Total Assets | $1.658B | $1.501B |
| YoY Change | 355.97% | 289.3% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $300.0K | $300.0K |
| YoY Change | 200.0% | 200.0% |
| Accrued Expenses | $600.0K | $400.0K |
| YoY Change | 500.0% | 300.0% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $1.437B | $1.256B |
| YoY Change | 350.94% | 316.31% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $1.438B | $1.324B |
| YoY Change | 350.94% | 288.58% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $2.100M | $4.400M |
| YoY Change | 2000.0% | 4300.0% |
| Total Long-Term Liabilities | $2.100M | $4.400M |
| YoY Change | 2000.0% | 4300.0% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $1.438B | $1.324B |
| Total Long-Term Liabilities | $2.100M | $4.400M |
| Total Liabilities | $1.440B | $1.328B |
| YoY Change | 351.59% | 289.81% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $492.0K | |
| YoY Change | -135.55% | |
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $218.1M | $172.8M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $1.658B | $1.501B |
| YoY Change | 355.97% | 289.29% |
Cashflow Statement
| Concept | 2014 Q4 | 2014 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $3.521M | $6.768M |
| YoY Change | 143.67% | -778.84% |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | $3.270M | $8.750M |
| YoY Change | 26.74% | -3016.67% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$187.6M | -$499.6M |
| YoY Change | 959.77% | -4945.3% |
| Cash From Investing Activities | -$187.6M | -$499.6M |
| YoY Change | 959.77% | -4945.3% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 222.4M | 512.5M |
| YoY Change | 1345.22% | -6180.07% |
| NET CHANGE | ||
| Cash From Operating Activities | 3.270M | 8.750M |
| Cash From Investing Activities | -187.6M | -499.6M |
| Cash From Financing Activities | 222.4M | 512.5M |
| Net Change In Cash | 38.11M | 21.75M |
| YoY Change | 14014.81% | 1276.58% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $3.270M | $8.750M |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| dei |
Document Type
DocumentType
|
10-Q | ||
| dei |
Trading Symbol
TradingSymbol
|
ORC | ||
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.53 | ||
| CY2013Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
-14544220 | USD | |
| us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
10651461 | USD | |
| orc |
Swaption Gain
SwaptionGain
|
-1119525 | USD | |
| us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
4005742 | USD | |
| us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
531940 | USD | |
| us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
221433 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
8375505 | USD | |
| CY2014Q3 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
303358 | USD |
| CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
4000000 | shares |
| CY2014Q3 | orc |
Federal Deposit Insurance Corporation Per Depositor Limit
FederalDepositInsuranceCorporationPerDepositorLimit
|
250000 | USD |
| CY2014Q3 | us-gaap |
Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
|
1175532430 | USD |
| CY2013Q4 | us-gaap |
Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
|
351222512 | USD |
| CY2013Q4 | orc |
Collateral Held On Repurchase Agreements
CollateralHeldOnRepurchaseAgreements
|
336998000 | USD |
| CY2014Q3 | orc |
Collateral Held On Repurchase Agreements
CollateralHeldOnRepurchaseAgreements
|
1325657000 | USD |
| CY2014Q3 | orc |
Weighted Average Borrowing Rate
WeightedAverageBorrowingRate
|
0.0034 | pure |
| CY2013Q4 | orc |
Weighted Average Borrowing Rate
WeightedAverageBorrowingRate
|
0.0039 | pure |
| CY2014Q3 | orc |
Mortgage Backed Securities After Five Through Ten Years Fair Value
MortgageBackedSecuritiesAfterFiveThroughTenYearsFairValue
|
1047000 | USD |
| CY2013Q4 | orc |
Mortgage Backed Securities After Five Through Ten Years Fair Value
MortgageBackedSecuritiesAfterFiveThroughTenYearsFairValue
|
1521000 | USD |
| CY2014Q3 | us-gaap |
Derivative Assets
DerivativeAssets
|
3906100 | USD |
| CY2014Q3 | orc |
Unsettled Purchases
UnsettledPurchases
|
66812482 | USD |
| CY2013Q4 | orc |
Unsettled Purchases
UnsettledPurchases
|
0 | USD |
| CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
44765347 | USD |
| CY2014Q3 | orc |
Mortgage Backed Securities At Fair Value Pledged As Collateral
MortgageBackedSecuritiesAtFairValuePledgedAsCollateral
|
1073815699 | USD |
| orc |
Payments To Acquire Mortgage Backed Securities Mbs Categorized As Trading
PaymentsToAcquireMortgageBackedSecuritiesMbsCategorizedAsTrading
|
1521605989 | USD | |
| orc |
Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Trading
ProceedsFromSaleOfMortgageBackedSecuritiesMbsCategorizedAsTrading
|
470012125 | USD | |
| orc |
Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Categorized As Trading
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesCategorizedAsTrading
|
52334880 | USD | |
| CY2013Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.3 | |
| CY2013Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
80260 | USD |
| CY2014Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
8467346 | USD |
| us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
450000 | USD | |
| CY2014Q3 | orc |
Mortgage Backed Securities After Ten Years Fair Value
MortgageBackedSecuritiesAfterTenYearsFairValue
|
1174485000 | USD |
| CY2014Q3 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
54100000 | USD |
| CY2013Q4 | orc |
Mortgage Backed Securities After Ten Years Fair Value
MortgageBackedSecuritiesAfterTenYearsFairValue
|
349702000 | USD |
| CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
363576047 | USD |
| us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
296458 | USD | |
| CY2014Q3 | us-gaap |
Margin Deposit Assets
MarginDepositAssets
|
3000000 | USD |
| CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1384031 | USD |
| CY2013Q4 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
33417 | USD |
| CY2014Q3 | orc |
Repurchaseagreementcashcollateral
Repurchaseagreementcashcollateral
|
4781000 | USD |
| CY2013Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
318557054 | USD |
| CY2013Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
1559437 | USD |
| CY2013Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
46115961 | USD |
| CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3341665 | shares |
| CY2014Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8169402 | USD |
| CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2013Q4 | us-gaap |
Margin Deposit Assets
MarginDepositAssets
|
2446000 | USD |
| CY2013Q4 | orc |
Repurchaseagreementcashcollateral
Repurchaseagreementcashcollateral
|
0 | USD |
| CY2013Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
81925 | USD |
| CY2013Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
2445625 | USD |
| CY2014Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2014Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2014Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2014Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
3344623 | USD |
| CY2014Q3 | us-gaap |
Assets
Assets
|
1500656346 | USD |
| CY2013Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.3 | |
| CY2014Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.18 | |
| us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
99358 | USD | |
| us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
5335375 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-1005843984 | USD | |
| orc |
Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
|
5306415537 | USD | |
| orc |
Payments For Securities Sold Under Agreements To Repurchase
PaymentsForSecuritiesSoldUnderAgreementsToRepurchase
|
4368994705 | USD | |
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
14544220 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
1044325596 | USD | |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
46857117 | USD | |
| us-gaap |
Interest Paid
InterestPaid
|
1608436 | USD | |
| CY2014Q3 | orc |
Securities Acquisitions Settled In Later Period
SecuritiesAcquisitionsSettledInLaterPeriod
|
66812482 | USD |
| us-gaap |
Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
|
1249625 | USD | |
| CY2013Q4 | 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
|
601497 | USD |
| CY2013Q4 | us-gaap |
Dividends
Dividends
|
451125 | USD |
| CY2013Q4 | us-gaap |
Dividends
Dividends
|
451125 | USD |
| CY2013Q3 | us-gaap |
Dividends
Dividends
|
451125 | USD |
| 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;' >September 30, 2014</font><font style='font-family:Arial Narrow;font-size:11pt;' > and December 31, </font><font style='font-family:Arial Narrow;font-size:11pt;' >2013</font><font style='font-family:Arial Narrow;font-size:11pt;' >, the Company’s repurchase agreements had remaining maturities as summarized below:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><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;' >September 30, 2014</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;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 48,439 </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</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;' > 695,152 </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;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 462,617 </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</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;' > 119,449 </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;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 1,325,657 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:221.25pt;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >Repurchase agreement liabilities associated with</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:left;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:210pt;text-align:left;border-color:Black;min-width:210pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >these securities</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</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;' > 47,080 </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;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 660,293 </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</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;' > 436,110 </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;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 112,495 </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</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;' > 1,255,978 </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;' >0.32%</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;' >0.34%</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;' >0.34%</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;' >0.38%</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;' >0.34%</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;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 336,998 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:221.25pt;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >Repurchase agreement liabilities associated with</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:210pt;text-align:left;border-color:Black;min-width:210pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >these securities</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</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;' >$</font></td><td style='width:55.5pt;text-align:right;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' > 308,402 </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</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: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;' >0.39%</font></td></tr></table></div> | ||
| us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
1904894 | USD | |
| CY2014Q3 | orc |
Gross Amount Of Recognized Assets
GrossAmountOfRecognizedAssets
|
3906000 | USD |
| CY2014Q3 | orc |
Gross Amount Of Assets Offset In The Balance Sheet
GrossAmountOfAssetsOffsetInTheBalanceSheet
|
0 | USD |
| CY2014Q3 | orc |
Net Amount Of Assets Presented In The Balance Sheet
NetAmountOfAssetsPresentedInTheBalanceSheet
|
3906000 | USD |
| CY2014Q3 | orc |
Gross Amounts Of Financial Instruments Received Not Offset In Balance Sheet
GrossAmountsOfFinancialInstrumentsReceivedNotOffsetInBalanceSheet
|
0 | USD |
| CY2014Q3 | orc |
Gross Amounts Of Cash Collateral Received Not Offset In Balance Sheet
GrossAmountsOfCashCollateralReceivedNotOffsetInBalanceSheet
|
3776000 | USD |
| CY2014Q3 | orc |
Net Amount Of Assets
NetAmountOfAssets
|
130000 | USD |
| CY2014Q3 | orc |
Gross Amount Of Recognized Liabilties
GrossAmountOfRecognizedLiabilties
|
1255978000 | USD |
| CY2014Q3 | orc |
Gross Amount Of Liabilties Offset In The Balance Sheet
GrossAmountOfLiabiltiesOffsetInTheBalanceSheet
|
0 | USD |
| CY2014Q3 | orc |
Net Amount Of Liabilities Presented In The Balance Sheet
NetAmountOfLiabilitiesPresentedInTheBalanceSheet
|
1255978000 | USD |
| CY2014Q3 | orc |
Gross Amount Of Financial Instruments Posted Not Offset In Balance Sheet
GrossAmountOfFinancialInstrumentsPostedNotOffsetInBalanceSheet
|
1251197000 | USD |
| CY2014Q3 | orc |
Gross Amounts Of Cash Posted Not Offset In Balance Sheet
GrossAmountsOfCashPostedNotOffsetInBalanceSheet
|
-4781000 | USD |
| CY2014Q3 | orc |
Net Amount Of Liabilities
NetAmountOfLiabilities
|
0 | USD |
| orc |
Effect Of Weighting
EffectOfWeighting
|
-4733000 | shares | |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
20999000 | USD | |
| us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
20999000 | USD | |
| CY2014Q3 | orc |
Swaption Value
SwaptionValue
|
3906000 | USD |
| 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 has qualified and elected to be taxed as a REIT, and filed a REIT tax return separate from Bimini. 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. | ||
| orc |
Proceeds From Secondary Offering
ProceedsFromSecondaryOffering
|
121448984 | USD | |
| CY2013Q1 | us-gaap |
Stock Dividends Shares
StockDividendsShares
|
827555 | shares |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Outstanding Stock Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum
|
0.1 | pure | |
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-09-30 | ||
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | ||
| dei |
Entity Registrant Name
EntityRegistrantName
|
Orchid Island Capital, Inc. | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
| CY2013Q1 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
5.37 | pure |
| CY2014Q3 | orc |
Unpledged Unsettled Securities Purchases
UnpledgedUnsettledSecuritiesPurchases
|
67100000 | USD |
| CY2013Q4 | orc |
Unpledged Unsettled Securities Purchases
UnpledgedUnsettledSecuritiesPurchases
|
0 | USD |
| CY2013Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
0 | USD |
| us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
6393156 | USD | |
| us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
817219 | 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 | |
| us-gaap |
Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
|
4095788 | USD | |
| orc |
Net Portfolio Income
NetPortfolioIncome
|
-891699 | USD | |
| orc |
Management Fees
ManagementFees
|
489700 | USD | |
| us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
0 | USD | |
| orc |
Directors Fees And Liability Insurance
DirectorsFeesAndLiabilityInsurance
|
207309 | USD | |
| us-gaap |
Professional Fees
ProfessionalFees
|
321436 | USD | |
| orc |
Direct Reit Operating Expenses
DirectReitOperatingExpenses
|
133399 | USD | |
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1251202 | USD | |
| us-gaap |
Profit Loss
ProfitLoss
|
-2142901 | USD | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.74 | ||
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.74 | ||
| us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
2900786 | shares | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2900786 | shares | |
| us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
19657656 | USD | |
| us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.945 | ||
| orc |
Realized Gains On Investments
RealizedGainsOnInvestments
|
1931617 | USD | |
| orc |
Unrealized Gains On Investments
UnrealizedGainsOnInvestments
|
8719844 | USD | |
| us-gaap |
Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
|
-4363837 | USD | |
| us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
17752762 | USD | |
| orc |
Net Portfolio Income
NetPortfolioIncome
|
24040386 | USD | |
| CY2014Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.54 | |
| CY2014Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
9285729 | USD |
| CY2014Q3 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
818383 | USD |
| CY2014Q3 | orc |
Realized Gains On Investments
RealizedGainsOnInvestments
|
-1959822 | USD |
| CY2014Q3 | orc |
Unrealized Gains On Investments
UnrealizedGainsOnInvestments
|
-1404122 | USD |
| CY2014Q3 | us-gaap |
Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
|
3057651 | USD |
| CY2014Q3 | orc |
Net Portfolio Income
NetPortfolioIncome
|
8161053 | USD |
| CY2013Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
2551199 | USD |
| CY2013Q3 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
293913 | USD |
| CY2013Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
2257286 | USD |
| CY2013Q3 | orc |
Realized Gains On Investments
RealizedGainsOnInvestments
|
-667182 | USD |
| CY2013Q3 | orc |
Unrealized Gains On Investments
UnrealizedGainsOnInvestments
|
86070 | USD |
| CY2013Q3 | us-gaap |
Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
|
-2271875 | USD |
| CY2013Q3 | orc |
Net Portfolio Income
NetPortfolioIncome
|
-595701 | USD |
| orc |
Management Fees
ManagementFees
|
1275500 | USD | |
| orc |
Directors Fees And Liability Insurance
DirectorsFeesAndLiabilityInsurance
|
404927 | USD | |
| us-gaap |
Professional Fees
ProfessionalFees
|
405697 | USD | |
| orc |
Direct Reit Operating Expenses
DirectReitOperatingExpenses
|
124358 | USD | |
| us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
381213 | USD | |
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3041695 | USD | |
| CY2014Q3 | orc |
Management Fees
ManagementFees
|
543000 | USD |
| CY2014Q3 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
225000 | USD |
| CY2014Q3 | orc |
Directors Fees And Liability Insurance
DirectorsFeesAndLiabilityInsurance
|
164641 | USD |
| CY2014Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
160260 | USD |
| CY2014Q3 | orc |
Direct Reit Operating Expenses
DirectReitOperatingExpenses
|
35973 | USD |
| CY2014Q3 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
263693 | USD |
| CY2014Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1392567 | USD |
| CY2013Q3 | orc |
Management Fees
ManagementFees
|
179500 | USD |
| CY2013Q3 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
0 | USD |
| CY2013Q3 | orc |
Directors Fees And Liability Insurance
DirectorsFeesAndLiabilityInsurance
|
82924 | USD |
| CY2013Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
70949 | USD |
| CY2013Q3 | orc |
Direct Reit Operating Expenses
DirectReitOperatingExpenses
|
36550 | USD |
| CY2013Q3 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
31483 | USD |
| CY2013Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
401406 | USD |
| us-gaap |
Profit Loss
ProfitLoss
|
20998691 | USD | |
| CY2014Q3 | us-gaap |
Profit Loss
ProfitLoss
|
6768486 | USD |
| CY2013Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-997107 | USD |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.53 | ||
| CY2014Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.63 | |
| CY2014Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.63 | |
| us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.62 | ||
| CY2013Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.405 | |
| us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
8314512 | shares | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8314512 | shares | |
| CY2014Q3 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
10710153 | shares |
| CY2014Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10710153 | shares |
| CY2013Q3 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
3341665 | shares |
| CY2013Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3341665 | shares |
| orc |
Amortization Of Equity Awards
AmortizationOfEquityAwards
|
40767 | USD | |
| us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
121448984 | USD | |
| us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
76932 | USD | |
| us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
117699 | USD | |
| us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
0 | USD | |
| us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
-10563424 | USD | |
| orc |
Swaption Gain
SwaptionGain
|
0 | USD | |
| us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
907884 | USD | |
| CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
24000 | shares |
| CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
0 | |
| CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
12.23 | |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
12.41 | ||
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
13.16 | ||
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
29844 | shares | |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
-5844 | shares | |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2143000 | USD | |
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
118425 | USD | |
| us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
23613 | USD | |
| us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-19540 | USD | |
| us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
125004 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
7523291 | USD | |
| orc |
Payments To Acquire Mortgage Backed Securities Mbs Categorized As Trading
PaymentsToAcquireMortgageBackedSecuritiesMbsCategorizedAsTrading
|
489923917 | USD | |
| orc |
Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Trading
ProceedsFromSaleOfMortgageBackedSecuritiesMbsCategorizedAsTrading
|
237375025 | USD | |
| orc |
Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Categorized As Trading
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesCategorizedAsTrading
|
22563699 | USD | |
| us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
2131875 | USD | |
| us-gaap |
Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
|
0 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-232117068 | USD | |
| orc |
Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
|
2423975175 | USD | |
| orc |
Payments For Securities Sold Under Agreements To Repurchase
PaymentsForSecuritiesSoldUnderAgreementsToRepurchase
|
2226259826 | USD | |
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
3157873 | USD | |
| us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
35400000 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
229957476 | USD | |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
5363699 | USD | |
| us-gaap |
Interest Paid
InterestPaid
|
793606 | USD | |
| CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7900956 | USD |
| dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2010-08-17 | ||
| dei |
Entity Incorporation State Country Name
EntityIncorporationStateCountryName
|
MD | ||
| us-gaap |
Operations Commenced Date1
OperationsCommencedDate1
|
2010-11-24 | ||
| us-gaap |
Initial Offering Period
InitialOfferingPeriod
|
February 20, 2013 | ||
| us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
2360000 | shares | |
| CY2013Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.18 | |
| CY2013Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.135 | |
| CY2013Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.135 | |
| CY2013Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.135 | |
| CY2013Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.135 | |
| CY2013Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.135 | |
| CY2013Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.135 | |
| CY2013Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.135 | |
| CY2013Q3 | us-gaap |
Dividends
Dividends
|
451125 | USD |
| CY2013Q3 | us-gaap |
Dividends
Dividends
|
451125 | USD |
| CY2013Q2 | us-gaap |
Dividends
Dividends
|
451125 | USD |
| CY2013Q2 | us-gaap |
Dividends
Dividends
|
451125 | USD |
| CY2013Q2 | us-gaap |
Dividends
Dividends
|
451125 | USD |
| CY2013Q1 | us-gaap |
Dividends
Dividends
|
451125 | USD |
| CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
0 | shares |
| us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-2143000 | USD | |
| CY2014Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
6768000 | USD |
| CY2014Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
6768000 | USD |
| CY2013Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-997000 | USD |
| CY2013Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-997000 | USD |
| orc |
Effect Of Weighting
EffectOfWeighting
|
-441000 | shares | |
| CY2014Q3 | orc |
Effect Of Weighting
EffectOfWeighting
|
-2338000 | shares |
| CY2013Q3 | orc |
Effect Of Weighting
EffectOfWeighting
|
0 | shares |
| CY2013Q3 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
180000 | USD |
| CY2014Q3 | orc |
Declaration Date
DeclarationDate
|
September 9, 2014 | |
| CY2014Q3 | orc |
Declaration Date
DeclarationDate
|
August 12, 2014 | |
| CY2014Q3 | orc |
Declaration Date
DeclarationDate
|
July 10, 2014 | |
| CY2014Q2 | orc |
Declaration Date
DeclarationDate
|
April 8, 2014 | |
| CY2014Q1 | orc |
Declaration Date
DeclarationDate
|
March 11, 2014 | |
| CY2014Q1 | orc |
Declaration Date
DeclarationDate
|
February 11, 2014 | |
| CY2014Q1 | orc |
Declaration Date
DeclarationDate
|
January 9, 2014 | |
| CY2014Q2 | orc |
Record Date
RecordDate
|
June 25, 2014 | |
| CY2014Q2 | orc |
Record Date
RecordDate
|
May 27, 2014 | |
| CY2014Q1 | orc |
Record Date
RecordDate
|
February 25, 2014 | |
| CY2014Q1 | orc |
Record Date
RecordDate
|
January 27, 2014 | |
| CY2014Q3 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
741000 | USD |
| us-gaap |
Management Fee Expense
ManagementFeeExpense
|
504000 | USD | |
| orc |
Offering Expenses Paid
OfferingExpensesPaid
|
3000000 | USD | |
| us-gaap |
Management Fee Expense
ManagementFeeExpense
|
1474000 | USD | |
| orc |
Dividends Paid In Shares
DividendsPaidInShares
|
8276 | USD | |
| CY2014Q3 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
6906000 | USD |
| CY2013Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
2446000 | USD |
| CY2014Q3 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
-3776000 | USD |
| CY2013Q4 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
0 | USD |
| CY2013Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
3342000 | shares |
| CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
0 | shares |
| CY2014Q3 | orc |
Repurchase Agreement Amount At Risk
RepurchaseAgreementAmountAtRisk
|
74100000 | USD |
| CY2013Q4 | orc |
Declaration Date
DeclarationDate
|
December 11, 2013 | |
| CY2013Q4 | orc |
Declaration Date
DeclarationDate
|
November 12, 2013 | |
| CY2013Q4 | orc |
Declaration Date
DeclarationDate
|
October 10, 2013 | |
| CY2013Q3 | orc |
Declaration Date
DeclarationDate
|
September 10, 2013 | |
| CY2013Q3 | orc |
Declaration Date
DeclarationDate
|
August 12, 2013 | |
| CY2013Q3 | orc |
Declaration Date
DeclarationDate
|
July 9, 2013 | |
| CY2013Q2 | orc |
Declaration Date
DeclarationDate
|
June 10, 2013 | |
| CY2013Q2 | orc |
Declaration Date
DeclarationDate
|
May 9, 2013 | |
| CY2013Q2 | orc |
Declaration Date
DeclarationDate
|
April 10, 2013 | |
| CY2013Q1 | orc |
Declaration Date
DeclarationDate
|
March 8, 2013 | |
| CY2013Q4 | orc |
Record Date
RecordDate
|
December 26, 2013 | |
| CY2013Q4 | orc |
Payment Date
PaymentDate
|
December 30, 2013 | |
| CY2013Q4 | orc |
Record Date
RecordDate
|
November 25, 2013 | |
| CY2013Q4 | orc |
Payment Date
PaymentDate
|
November 27, 2013 | |
| CY2013Q4 | orc |
Record Date
RecordDate
|
October 25, 2013 | |
| CY2013Q4 | orc |
Payment Date
PaymentDate
|
October 31, 2013 | |
| CY2013Q3 | orc |
Record Date
RecordDate
|
September 25, 2013 | |
| CY2013Q3 | orc |
Payment Date
PaymentDate
|
September 30, 2013 | |
| CY2013Q3 | orc |
Record Date
RecordDate
|
August 26, 2013 | |
| CY2013Q3 | orc |
Payment Date
PaymentDate
|
August 30, 2013 | |
| CY2013Q3 | orc |
Record Date
RecordDate
|
July 25, 2013 | |
| CY2013Q3 | orc |
Payment Date
PaymentDate
|
July 31, 2013 | |
| CY2013Q2 | orc |
Record Date
RecordDate
|
June 25, 2013 | |
| CY2013Q2 | orc |
Payment Date
PaymentDate
|
June 28, 2013 | |
| CY2013Q2 | orc |
Record Date
RecordDate
|
May 28, 2013 | |
| CY2013Q2 | orc |
Payment Date
PaymentDate
|
May 31, 2013 | |
| CY2013Q2 | orc |
Record Date
RecordDate
|
April 25, 2013 | |
| CY2013Q2 | orc |
Payment Date
PaymentDate
|
April 30, 2013 | |
| CY2013Q1 | orc |
Record Date
RecordDate
|
March 25, 2013 | |
| CY2013Q1 | orc |
Payment Date
PaymentDate
|
March 27, 2013 | |
| CY2013Q1 | orc |
Stock Dividend Declaration Date
StockDividendDeclarationDate
|
2/14/2013 | |
| CY2013Q1 | orc |
Stock Dividend Issue Date
StockDividendIssueDate
|
2013-02-20 | |
| CY2014Q3 | orc |
Securities Sales Settled In Later Period
SecuritiesSalesSettledInLaterPeriod
|
249410368 | USD |
| CY2013Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7900956 | USD |
| CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2537257 | USD |
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001518621 | ||
| dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
| dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | ||
| dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
| dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | ||
| CY2014Q4 | orc |
Declaration Date
DeclarationDate
|
October 9, 2014 | |
| CY2014Q2 | orc |
Declaration Date
DeclarationDate
|
June 11, 2014 | |
| CY2014Q2 | orc |
Declaration Date
DeclarationDate
|
May 8, 2014 | |
| CY2014Q4 | orc |
Record Date
RecordDate
|
October 28, 2014 | |
| CY2014Q3 | orc |
Record Date
RecordDate
|
September 25, 2014 | |
| CY2014Q3 | orc |
Record Date
RecordDate
|
August 26, 2014 | |
| CY2014Q3 | orc |
Record Date
RecordDate
|
July 28, 2014 | |
| CY2014Q2 | orc |
Record Date
RecordDate
|
April 25, 2014 | |
| CY2014Q1 | orc |
Record Date
RecordDate
|
March 26, 2014 | |
| CY2014Q4 | orc |
Payment Date
PaymentDate
|
October 31, 2014 | |
| CY2014Q3 | orc |
Payment Date
PaymentDate
|
September 30, 2014 | |
| CY2014Q3 | orc |
Payment Date
PaymentDate
|
August 29, 2014 | |
| CY2014Q3 | orc |
Payment Date
PaymentDate
|
July 31, 2014 | |
| CY2014Q2 | orc |
Payment Date
PaymentDate
|
June 30, 2014 | |
| CY2014Q2 | orc |
Payment Date
PaymentDate
|
May 30, 2014 | |
| CY2014Q2 | orc |
Payment Date
PaymentDate
|
April 30, 2014 | |
| CY2014Q1 | orc |
Payment Date
PaymentDate
|
March 31, 2014 | |
| CY2014Q1 | orc |
Payment Date
PaymentDate
|
February 28, 2014 | |
| CY2014Q1 | orc |
Payment Date
PaymentDate
|
January 31, 2014 | |
| CY2014Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.18 | |
| CY2014Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.18 | |
| CY2014Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.18 | |
| CY2014Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.18 | |
| CY2014Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.18 | |
| CY2014Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.18 | |
| CY2014Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.18 | |
| CY2014Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.18 | |
| CY2014Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.18 | |
| CY2014Q4 | us-gaap |
Dividends
Dividends
|
2358177 | USD |
| CY2014Q3 | us-gaap |
Dividends
Dividends
|
2348198 | USD |
| CY2014Q3 | us-gaap |
Dividends
Dividends
|
1998506 | USD |
| CY2014Q3 | us-gaap |
Dividends
Dividends
|
1758965 | USD |
| CY2014Q2 | us-gaap |
Dividends
Dividends
|
1711531 | USD |
| CY2014Q2 | us-gaap |
Dividends
Dividends
|
1640820 | USD |
| CY2014Q2 | us-gaap |
Dividends
Dividends
|
1636500 | USD |
| CY2014Q1 | us-gaap |
Dividends
Dividends
|
1550100 | USD |
| CY2014Q1 | us-gaap |
Dividends
Dividends
|
974100 | USD |
| CY2014Q1 | us-gaap |
Dividends
Dividends
|
925500 | USD |
| orc |
Remaining Weighted Average Vesting Period
RemainingWeightedAverageVestingPeriod
|
P2Y7M | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
| CY2014Q3 | orc |
Unsettled Sales
UnsettledSales
|
249410368 | USD |
| CY2013Q4 | orc |
Unsettled Sales
UnsettledSales
|
0 | USD |
| CY2013Q3 | orc |
Securities Acquisitions Settled In Later Period
SecuritiesAcquisitionsSettledInLaterPeriod
|
38720351 | USD |
| CY2013Q3 | orc |
Securities Sales Settled In Later Period
SecuritiesSalesSettledInLaterPeriod
|
40955374 | USD |
| CY2013Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
3342000 | shares |
| CY2014Q3 | orc |
Pledged Unsettled Securities Sold
PledgedUnsettledSecuritiesSold
|
246900000 | USD |
| CY2014Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
13076981 | shares |
| CY2013Q4 | orc |
Gross Amount Of Recognized Liabilties
GrossAmountOfRecognizedLiabilties
|
318557000 | USD |
| CY2013Q4 | orc |
Gross Amount Of Liabilties Offset In The Balance Sheet
GrossAmountOfLiabiltiesOffsetInTheBalanceSheet
|
0 | USD |
| CY2013Q4 | orc |
Net Amount Of Liabilities Presented In The Balance Sheet
NetAmountOfLiabilitiesPresentedInTheBalanceSheet
|
318557000 | USD |
| CY2013Q4 | orc |
Gross Amount Of Financial Instruments Posted Not Offset In Balance Sheet
GrossAmountOfFinancialInstrumentsPostedNotOffsetInBalanceSheet
|
318557000 | USD |
| CY2013Q4 | orc |
Gross Amounts Of Cash Posted Not Offset In Balance Sheet
GrossAmountsOfCashPostedNotOffsetInBalanceSheet
|
0 | USD |
| CY2013Q4 | orc |
Net Amount Of Liabilities
NetAmountOfLiabilities
|
0 | USD |
