2016 Q4 Form 10-K Financial Statement
#000127547717000019 Filed on February 17, 2017
Income Statement
| Concept | 2016 Q4 | 2016 Q3 | 2016 Q1 |
|---|---|---|---|
| Revenue | -$12.94M | $22.36M | $20.47M |
| YoY Change | -205.37% | 21.83% | 40.04% |
| Cost Of Revenue | $6.200M | $5.030M | $4.290M |
| YoY Change | 81.29% | 62.26% | 99.53% |
| Gross Profit | -$19.13M | $21.75M | -$3.380M |
| YoY Change | -315.91% | -358.01% | -152.81% |
| Gross Profit Margin | 97.28% | -16.52% | |
| Selling, General & Admin | $1.060M | $2.271M | $2.180M |
| YoY Change | 8.16% | 10.78% | 24.86% |
| % of Gross Profit | 10.44% | ||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | |||
| YoY Change | |||
| % of Gross Profit | |||
| Operating Expenses | $1.280M | $2.271M | $2.180M |
| YoY Change | 21.9% | 10.78% | 24.86% |
| Operating Profit | -$20.41M | $19.48M | -$5.560M |
| YoY Change | -361.33% | -285.87% | -219.47% |
| Interest Expense | $4.976M | $3.979M | $3.319M |
| YoY Change | 109.87% | 95.34% | 156.1% |
| % of Operating Profit | 20.43% | ||
| Other Income/Expense, Net | $951.0K | $883.0K | $911.0K |
| YoY Change | 25.3% | 21.12% | 39.94% |
| Pretax Income | -$20.42M | $20.53M | -$4.590M |
| YoY Change | -361.46% | -317.94% | -183.3% |
| Income Tax | |||
| % Of Pretax Income | |||
| Net Earnings | -$20.42M | $20.53M | -$4.591M |
| YoY Change | -361.41% | -317.97% | -183.34% |
| Net Earnings / Revenue | 91.81% | -22.43% | |
| Basic Earnings Per Share | -$0.72 | $0.85 | -$0.21 |
| Diluted Earnings Per Share | -$0.72 | $0.85 | -$0.21 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 32.96M shares | 22.78M shares | |
| Diluted Shares Outstanding | 28.49M shares | 24.13M shares | 21.76M shares |
Balance Sheet
| Concept | 2016 Q4 | 2016 Q3 | 2016 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $73.50M | $110.9M | $65.60M |
| YoY Change | 28.5% | 65.28% | -16.01% |
| Cash & Equivalents | $73.48M | $110.9M | $83.34M |
| Short-Term Investments | |||
| Other Short-Term Assets | |||
| YoY Change | |||
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $27.50M | $132.2M | |
| Other Receivables | $9.500M | $8.300M | |
| Total Short-Term Assets | $85.00M | $147.9M | $206.1M |
| YoY Change | 29.38% | -9.26% | 142.47% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | |||
| YoY Change | |||
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $3.022B | $2.502B | $1.977B |
| YoY Change | 40.05% | 18.13% | 17.92% |
| Other Assets | $11.10M | $8.400M | $1.500M |
| YoY Change | 164.29% | 320.0% | -31.82% |
| Total Long-Term Assets | $3.054B | $2.521B | $1.997B |
| YoY Change | 40.33% | 18.33% | 18.49% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $85.00M | $147.9M | $206.1M |
| Total Long-Term Assets | $3.054B | $2.521B | $1.997B |
| Total Assets | $3.139B | $2.668B | $2.204B |
| YoY Change | 40.01% | 16.37% | 24.44% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $600.0K | $500.0K | $400.0K |
| YoY Change | 20.0% | 25.0% | 0.0% |
| Accrued Expenses | $1.800M | $1.900M | $900.0K |
| YoY Change | 100.0% | 280.0% | 125.0% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $2.794B | $2.298B | $1.940B |
| YoY Change | 55.31% | 18.26% | 32.89% |
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $2.801B | $2.373B | $1.962B |
| YoY Change | 55.58% | 16.51% | 27.46% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $5.200M | $1.300M | $1.500M |
| YoY Change | -97.24% | 62.5% | 150.0% |
| Total Long-Term Liabilities | $5.200M | $1.300M | $1.500M |
| YoY Change | -97.24% | 62.5% | 150.0% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $2.801B | $2.373B | $1.962B |
| Total Long-Term Liabilities | $5.200M | $1.300M | $1.500M |
| Total Liabilities | $2.806B | $2.374B | $1.964B |
| YoY Change | 41.1% | 16.53% | 27.51% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $0.00 | $0.00 | -$4.591M |
| YoY Change | -100.0% | ||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $332.8M | $294.4M | $239.8M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $3.139B | $2.668B | $2.204B |
| YoY Change | 40.01% | 16.37% | 24.44% |
Cashflow Statement
| Concept | 2016 Q4 | 2016 Q3 | 2016 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$20.42M | $20.53M | -$4.591M |
| YoY Change | -361.41% | -317.97% | -183.34% |
| Depreciation, Depletion And Amortization | |||
| YoY Change | |||
| Cash From Operating Activities | $32.98M | $16.89M | -$11.90M |
| YoY Change | 16.41% | -312.72% | 390.72% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $0.00 | ||
| YoY Change | -100.0% | ||
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$629.3M | -$245.0M | $81.26M |
| YoY Change | 839.63% | -481.13% | -291.74% |
| Cash From Investing Activities | -$629.3M | -$245.0M | $81.26M |
| YoY Change | 789.8% | -481.13% | -291.74% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $0.00 | ||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 558.9M | 267.4M | -55.98M |
| YoY Change | 1618.14% | -398.03% | -287.98% |
| NET CHANGE | |||
| Cash From Operating Activities | 32.98M | 16.89M | -$11.90M |
| Cash From Investing Activities | -629.3M | -245.0M | 81.26M |
| Cash From Financing Activities | 558.9M | 267.4M | -55.98M |
| Net Change In Cash | -37.38M | 39.26M | -$11.90M |
| YoY Change | 279.11% | -217.65% | 390.72% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $32.98M | $16.89M | -$11.90M |
| Capital Expenditures | $0.00 | ||
| Free Cash Flow | $32.98M | ||
| YoY Change | 2.81% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015Q4 | orc |
Net Interest Income
NetInterestIncome
|
16721000 | USD |
| CY2015Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
4709000 | USD |
| CY2015 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
646000 | USD |
| CY2015Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
19752000 | shares |
| CY2015Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
8490000 | USD |
| CY2014 | orc |
Net Portfolio Income
NetPortfolioIncome
|
29007000 | USD |
| CY2015Q3 | orc |
Portfolio Income
PortfolioIncome
|
-7367000 | USD |
| CY2016 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
24099714 | shares |
| CY2015Q4 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
21771000 | shares |
| CY2016 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
71523000 | USD |
| CY2016 | dei |
Entity Registrant Name
EntityRegistrantName
|
Orchid Island Capital, Inc. | |
| CY2016 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
963000 | USD |
| CY2015Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
21771000 | shares |
| CY2015Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
253038000 | USD |
| CY2016Q3 | us-gaap |
Other Expenses
OtherExpenses
|
883000 | USD |
| CY2014 | orc |
Management Fees
ManagementFees
|
2013000 | USD |
| CY2016 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
3022000 | USD |
| CY2016 | orc |
Direct Reit Operating Expenses
DirectReitOperatingExpenses
|
652000 | USD |
| CY2014 | orc |
Gains On Tba Securities
GainsOnTbaSecurities
|
0 | USD |
| CY2015 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
83275000 | USD |
| CY2016Q4 | us-gaap |
Federal Home Loan Bank Advances Branch Of Fhlb Bank Amount Of Advances By Branch
FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch
|
0 | USD |
| CY2016Q3 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
4418000 | USD |
| CY2016Q4 | us-gaap |
Interest Expense
InterestExpense
|
4976000 | USD |
| CY2015Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1746000 | USD |
| CY2016 | us-gaap |
Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
|
0 | USD |
| CY2016 | orc |
Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
|
32375195000 | USD |
| CY2015Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
1798813000 | USD |
| CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2014 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
3031000 | USD |
| CY2016Q4 | orc |
Mortgage Backed Securities At Fair Value Unpledged
MortgageBackedSecuritiesAtFairValueUnpledged
|
49884000 | USD |
| CY2016 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
605000 | USD |
| CY2014 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
5344000 | USD |
| CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
53000 | shares |
| CY2016 | us-gaap |
Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
|
0 | USD |
| CY2016Q4 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
28494000 | shares |
| CY2015 | us-gaap |
Profit Loss
ProfitLoss
|
1071000 | USD |
| CY2016 | orc |
Allocated Overhead
AllocatedOverhead
|
1300000 | USD |
| CY2015 | orc |
Allocated Overhead
AllocatedOverhead
|
1064000 | USD |
| CY2015Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2015 | orc |
Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
|
18867303000 | USD |
| CY2016Q2 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
1274000 | USD |
| CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9417000 | USD |
| CY2014 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9890058 | shares |
| CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
24133000 | shares |
| CY2016Q2 | orc |
Interest Income
InterestIncome
|
19235000 | USD |
| CY2016Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
72700000 | USD |
| CY2014 | orc |
Proceeds From Net Tba Settlements
ProceedsFromNetTbaSettlements
|
0 | USD |
| CY2014 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
171295000 | USD |
| CY2015 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
10852000 | USD |
| CY2014 | us-gaap |
Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
|
0 | USD |
| CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
21756000 | shares |
| CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
| CY2016 | orc |
Unrealized Gains On Investments
UnrealizedGainsOnInvestments
|
-54149000 | USD |
| CY2015 | orc |
Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Categorized As Trading
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesCategorizedAsTrading
|
215658000 | USD |
| CY2014 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
142000 | USD |
| CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
1296000 | USD |
| CY2015 | us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
-29685000 | USD |
| CY2016 | us-gaap |
Profit Loss
ProfitLoss
|
1979000 | USD |
| CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
6463000 | USD |
| CY2015Q1 | orc |
Net Interest Income
NetInterestIncome
|
13318000 | USD |
| CY2016Q4 | orc |
Federal Deposit Insurance Corporation Per Depositor Limit
FederalDepositInsuranceCorporationPerDepositorLimit
|
250000 | USD |
| CY2016Q4 | us-gaap |
Assets
Assets
|
3138694000 | USD |
| CY2015 | orc |
Unrealized Gains On Investments
UnrealizedGainsOnInvestments
|
-28274000 | USD |
| CY2014 | orc |
Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
|
7663332000 | USD |
| CY2016 | orc |
Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Categorized As Trading
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesCategorizedAsTrading
|
254607000 | USD |
| CY2016 | us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
-51078000 | USD |
| CY2015 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
235000 | USD |
| CY2016 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
2279000 | USD |
| CY2014 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
246000 | USD |
| CY2016 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1979000 | USD |
| CY2015 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
19000 | USD |
| CY2016Q3 | orc |
Net Interest Income
NetInterestIncome
|
18379000 | USD |
| CY2016Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.21 | |
| CY2015 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
7894000 | USD |
| CY2016 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | |
| CY2015 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1071000 | USD |
| CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
218078000 | USD |
| CY2016 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
8220000 | USD |
| CY2016Q1 | us-gaap |
Interest Expense
InterestExpense
|
3319000 | USD |
| CY2016 | dei |
Trading Symbol
TradingSymbol
|
ORC | |
| CY2015Q4 | orc |
Collateral Held On Fhlb Advances
CollateralHeldOnFhlbAdvances
|
192200000 | USD |
| CY2015Q2 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
19752000 | shares |
| CY2016Q4 | us-gaap |
Other Expenses
OtherExpenses
|
951000 | USD |
| CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
57229000 | USD |
| CY2015Q1 | orc |
Portfolio Income
PortfolioIncome
|
7255000 | USD |
| CY2015Q2 | orc |
Portfolio Income
PortfolioIncome
|
-831000 | USD |
| CY2016Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
2134000 | USD |
| CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
21749490 | shares |
| CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2014 | orc |
Direct Reit Operating Expenses
DirectReitOperatingExpenses
|
182000 | USD |
| CY2016Q3 | orc |
Portfolio Income
PortfolioIncome
|
22797000 | USD |
| CY2016 | us-gaap |
Interest Paid
InterestPaid
|
14641000 | USD |
| CY2015 | us-gaap |
Interest Paid
InterestPaid
|
7036000 | USD |
| CY2016Q2 | orc |
Net Interest Income
NetInterestIncome
|
15905000 | USD |
| CY2014 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
536000 | USD |
| CY2016Q4 | orc |
Mortgage Backed Securities At Fair Value Pledged As Collateral
MortgageBackedSecuritiesAtFairValuePledgedAsCollateral
|
2972290000 | USD |
| CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.29 | |
| CY2016Q4 | orc |
Portfolio Income
PortfolioIncome
|
-17911000 | USD |
| CY2015 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.92 | |
| CY2014 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.48 | |
| CY2015Q2 | orc |
Interest Income
InterestIncome
|
16753000 | USD |
| CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2241837000 | USD |
| CY2015 | orc |
Proceeds From Net Tba Settlements
ProceedsFromNetTbaSettlements
|
386000 | USD |
| CY2016 | orc |
Payments For Securities Sold Under Agreements To Repurchase
PaymentsForSecuritiesSoldUnderAgreementsToRepurchase
|
31380303000 | USD |
| CY2016 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-919748000 | USD |
| CY2014 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
1266745000 | USD |
| CY2015 | orc |
Swaption Gain
SwaptionGain
|
-1648000 | USD |
| CY2015 | us-gaap |
Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
|
2464000 | USD |
| CY2014 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
678000 | USD |
| CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Outstanding Stock Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum
|
0.1 | pure |
| CY2014 | us-gaap |
Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
|
-13925000 | USD |
| CY2015Q4 | orc |
Mortgage Backed Securities At Fair Value Unpledged
MortgageBackedSecuritiesAtFairValueUnpledged
|
62436000 | USD |
| CY2015Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
669000 | USD |
| CY2016Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
332449000 | USD |
| CY2014 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
4652000 | USD |
| CY2015 | orc |
Realized Gains On Investments
RealizedGainsOnInvestments
|
-1411000 | USD |
| CY2015Q3 | orc |
Interest Income
InterestIncome
|
18352000 | USD |
| CY2016Q1 | orc |
Portfolio Income
PortfolioIncome
|
-2411000 | USD |
| CY2015Q4 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
1338000 | USD |
| CY2015Q4 | us-gaap |
Federal Home Loan Bank Stock
FederalHomeLoanBankStock
|
3800000 | USD |
| CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4591000 | USD |
| CY2015Q2 | us-gaap |
Other Expenses
OtherExpenses
|
713000 | USD |
| CY2014 | orc |
Allocated Overhead
AllocatedOverhead
|
390000 | USD |
| CY2016Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
11512000 | USD |
| CY2016 | orc |
Amortization Of Equity Awards
AmortizationOfEquityAwards
|
304000 | USD |
| CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.29 | |
| CY2015Q4 | orc |
Collateral Held On Repurchase Agreements
CollateralHeldOnRepurchaseAgreements
|
1909292000 | USD |
| CY2015Q4 | us-gaap |
Federal Home Loan Bank Advances Branch Of Fhlb Bank Amount Of Advances By Branch
FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch
|
187500000 | USD |
| CY2016 | orc |
Effect Of Weighting
EffectOfWeighting
|
-8916000 | shares |
| CY2014 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
-22643000 | USD |
| CY2015Q4 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
0 | USD |
| CY2016Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2016 | us-gaap |
Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
|
<div><table style='border-collapse:collapse;' ><tr style='height:13.5pt;' ><td colspan='2' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;vertical-align:bottom;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;vertical-align:bottom;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;border-bottom-style:solid;border-bottom-width:2;text-align:left;vertical-align:bottom;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:2;text-align:left;vertical-align:bottom;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;border-bottom-style:solid;border-bottom-width:2;text-align:left;vertical-align:bottom;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:2;text-align:left;vertical-align:bottom;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;border-bottom-style:solid;border-bottom-width:2;text-align:left;vertical-align:bottom;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:2;text-align:left;vertical-align:bottom;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;border-bottom-style:solid;border-bottom-width:2;text-align:left;vertical-align:bottom;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:2;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;border-top-style:solid;border-top-width:2;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:210pt;border-top-style:solid;border-top-width:2;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63pt;border-top-style:solid;border-top-width:2;text-align:center;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;border-top-style:solid;border-top-width:2;text-align:center;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:2;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63pt;text-align:center;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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:center;vertical-align:bottom;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;vertical-align:bottom;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:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:210pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:528.75pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >December 31, 2016</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;vertical-align:bottom;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;vertical-align:bottom;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;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;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-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;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;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;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-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;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;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;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-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;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;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;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-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:210pt;text-align:left;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >2,284,815</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >686,065</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >2,970,880</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:221.25pt;text-align:left;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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:left;vertical-align:bottom;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;vertical-align:bottom;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:left;vertical-align:bottom;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;vertical-align:bottom;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:left;vertical-align:bottom;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;vertical-align:bottom;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:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:210pt;text-align:left;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >2,154,766</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >638,939</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >2,793,705</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;vertical-align:bottom;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;vertical-align:bottom;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;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;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;vertical-align:bottom;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;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >1.01%</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;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;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >0.96%</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;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;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >1.00%</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;vertical-align:bottom;border-color:Black;min-width:528.75pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >December 31, 2015</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;vertical-align:bottom;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;vertical-align:bottom;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;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;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-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;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;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;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-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;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;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;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-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;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;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;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-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:210pt;text-align:left;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >1,894,491</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >14,801</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >1,909,292</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:221.25pt;text-align:left;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:210pt;text-align:left;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >1,789,338</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >9,475</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >1,798,813</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;vertical-align:bottom;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;vertical-align:bottom;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;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;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;vertical-align:bottom;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;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >0.64%</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;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;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >1.19%</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;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;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;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;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >0.64%</font></td></tr></table></div> | |
| CY2015 | orc |
Gains On Tba Securities
GainsOnTbaSecurities
|
386000 | USD |
| CY2015 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
30705000 | USD |
| CY2015 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
7271000 | USD |
| CY2016Q4 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
330000 | USD |
| CY2015Q4 | us-gaap |
Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
|
2158010000 | USD |
| CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
24000 | shares |
| CY2016Q2 | us-gaap |
Interest Expense
InterestExpense
|
3330000 | USD |
| CY2015Q4 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
217000 | USD |
| CY2015Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
22545000 | shares |
| CY2015Q4 | us-gaap |
Other Expenses
OtherExpenses
|
759000 | USD |
| CY2016Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
10365000 | USD |
| CY2016Q2 | dei |
Entity Public Float
EntityPublicFloat
|
214769044 | USD |
| CY2016 | us-gaap |
Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
|
-704000 | USD |
| CY2016Q1 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
-19558000 | USD |
| CY2016 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
888948000 | USD |
| CY2014 | us-gaap |
Interest Paid
InterestPaid
|
2495000 | USD |
| CY2015Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2014 | orc |
Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Categorized As Trading
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesCategorizedAsTrading
|
80486000 | USD |
| CY2015 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
583337000 | USD |
| CY2015Q2 | us-gaap |
Interest Expense
InterestExpense
|
1567000 | USD |
| CY2016 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
24099714 | shares |
| CY2014 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
84968000 | USD |
| CY2016 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
| CY2016 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
16246000 | USD |
| CY2016Q1 | orc |
Interest Income
InterestIncome
|
20466000 | USD |
| CY2014 | us-gaap |
Operations Commenced Date1
OperationsCommencedDate1
|
2010-11-24 | |
| CY2015 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.05 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.54 | |
| CY2016Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
2271000 | USD |
| CY2015Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
941000 | USD |
| CY2016 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
9093000 | USD |
| CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
21921000 | shares |
| CY2015Q4 | orc |
Interest Income
InterestIncome
|
19092000 | USD |
| CY2014 | us-gaap |
Professional Fees
ProfessionalFees
|
588000 | USD |
| CY2014 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
248000 | USD |
| CY2014 | dei |
Entity Incorporation State Country Name
EntityIncorporationStateCountryName
|
MD | |
| CY2014 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
22643000 | USD |
| CY2016Q4 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
1982000 | USD |
| CY2016 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
87127000 | USD |
| CY2014 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-1193423000 | USD |
| CY2016Q4 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
1557000 | USD |
| CY2015Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.36 | |
| CY2014 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
31804000 | USD |
| CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
0 | USD |
| CY2016Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
1826000 | USD |
| CY2014 | orc |
Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Trading
ProceedsFromSaleOfMortgageBackedSecuritiesMbsCategorizedAsTrading
|
928009000 | USD |
| CY2014 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
500000 | USD |
| CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
218000 | USD |
| CY2016Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.85 | |
| CY2015Q1 | orc |
Interest Income
InterestIncome
|
14614000 | USD |
| CY2016 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
806000 | USD |
| CY2016Q4 | orc |
Mortgage Backed Securities After Five Through Ten Years Fair Value
MortgageBackedSecuritiesAfterFiveThroughTenYearsFairValue
|
277000 | USD |
| CY2015 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
4940000 | USD |
| CY2014 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
4488000 | USD |
| CY2016 | us-gaap |
Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
|
-9387000 | USD |
| CY2014 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
24519000 | USD |
| CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
24133000 | shares |
| CY2014 | us-gaap |
Profit Loss
ProfitLoss
|
24519000 | USD |
| CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20526000 | USD |
| CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
2805915000 | USD |
| CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2016 | orc |
Swaption Gain
SwaptionGain
|
36000 | USD |
| CY2014 | orc |
Payments For Securities Sold Under Agreements To Repurchase
PaymentsForSecuritiesSoldUnderAgreementsToRepurchase
|
6545239000 | USD |
| CY2016Q3 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
1388000 | USD |
| CY2015Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.42 | |
| CY2014 | orc |
Realized Gains On Investments
RealizedGainsOnInvestments
|
2791000 | USD |
| CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
22545000 | shares |
| CY2015 | us-gaap |
Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
|
-22890000 | USD |
| CY2016 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
101000 | USD |
| CY2016 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.08 | |
| CY2016Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-20419000 | USD |
| CY2016 | orc |
Payments To Acquire Mortgage Backed Securities Mbs Categorized As Trading
PaymentsToAcquireMortgageBackedSecuritiesMbsCategorizedAsTrading
|
3172001000 | USD |
| CY2016Q2 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
-7308000 | USD |
| CY2015Q4 | us-gaap |
Assets
Assets
|
2241837000 | USD |
| CY2016Q4 | orc |
Net Interest Income
NetInterestIncome
|
20092000 | USD |
| CY2016Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.85 | |
| CY2016 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
-41388000 | USD |
| CY2016Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.72 | |
| CY2015Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
2001000 | USD |
| CY2015 | us-gaap |
Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
|
3753000 | USD |
| CY2016 | orc |
Management Fees
ManagementFees
|
4188000 | USD |
| CY2014 | us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
14159000 | USD |
| CY2016 | orc |
Realized Gains On Investments
RealizedGainsOnInvestments
|
3071000 | USD |
| CY2016 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
| CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
16700000 | shares |
| CY2016 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
301000 | USD |
| CY2016 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
47046000 | USD |
| CY2015 | orc |
Effect Of Weighting
EffectOfWeighting
|
-1506000 | shares |
| CY2016Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
32964547 | shares |
| CY2015 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
20266706 | shares |
| CY2016Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
3220000 | USD |
| CY2015Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
465000 | USD |
| CY2015 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
276000 | USD |
| CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
332779000 | USD |
| CY2015 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-649950000 | USD |
| CY2016Q1 | orc |
Net Interest Income
NetInterestIncome
|
17147000 | USD |
| CY2016Q3 | us-gaap |
Interest Expense
InterestExpense
|
3979000 | USD |
| CY2015 | orc |
Direct Reit Operating Expenses
DirectReitOperatingExpenses
|
241000 | USD |
| CY2014 | orc |
Unrealized Gains On Investments
UnrealizedGainsOnInvestments
|
11368000 | USD |
| CY2016Q4 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
2508000 | USD |
| CY2015 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
2279000 | USD |
| CY2016Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
32962919 | shares |
| CY2015Q4 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
-6813000 | USD |
| CY2016Q4 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
-38003000 | USD |
| CY2016Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
2793705000 | USD |
| CY2014 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
2.16 | |
| CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
21756000 | shares |
| CY2016 | orc |
Gains On Tba Securities
GainsOnTbaSecurities
|
-2518000 | USD |
| CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
1988582000 | USD |
| CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2015Q2 | orc |
Net Interest Income
NetInterestIncome
|
15186000 | USD |
| CY2016Q4 | orc |
Weighted Average Borrowing Rate
WeightedAverageBorrowingRate
|
0.01 | pure |
| CY2015Q3 | us-gaap |
Other Expenses
OtherExpenses
|
729000 | USD |
| CY2016Q1 | us-gaap |
Other Expenses
OtherExpenses
|
911000 | USD |
| CY2016Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
2180000 | USD |
| CY2015 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-35908000 | USD |
| CY2014 | us-gaap |
Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
|
0 | USD |
| CY2015Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
863000 | USD |
| CY2015Q1 | us-gaap |
Other Expenses
OtherExpenses
|
651000 | USD |
| CY2016 | orc |
Net Portfolio Income
NetPortfolioIncome
|
11072000 | USD |
| CY2014 | orc |
Payments To Acquire Mortgage Backed Securities Mbs Categorized As Trading
PaymentsToAcquireMortgageBackedSecuritiesMbsCategorizedAsTrading
|
2192282000 | USD |
| CY2016 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.08 | |
| CY2016Q3 | orc |
Interest Income
InterestIncome
|
22358000 | USD |
| CY2014 | orc |
Directors Fees And Liability Insurance
DirectorsFeesAndLiabilityInsurance
|
569000 | USD |
| CY2015 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
287000 | USD |
| CY2015Q4 | orc |
Weighted Average Borrowing Rate
WeightedAverageBorrowingRate
|
0.0064 | pure |
| CY2015Q3 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
1321000 | USD |
| CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
0 | USD |
| CY2016 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
36772000 | USD |
| CY2015 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
61540000 | USD |
| CY2016Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
21921000 | shares |
| CY2015 | orc |
Payments For Securities Sold Under Agreements To Repurchase
PaymentsForSecuritiesSoldUnderAgreementsToRepurchase
|
18505141000 | USD |
| CY2015Q3 | orc |
Net Interest Income
NetInterestIncome
|
16315000 | USD |
| CY2016Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
28494000 | shares |
| CY2016Q4 | orc |
Stock Ownership Limit
StockOwnershipLimit
|
0.098 | pure |
| CY2015Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
669000 | USD |
| CY2016Q4 | orc |
Interest Income
InterestIncome
|
25068000 | USD |
| CY2016Q4 | us-gaap |
Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
|
3022174000 | USD |
| CY2015 | orc |
Payments To Acquire Mortgage Backed Securities Mbs Categorized As Trading
PaymentsToAcquireMortgageBackedSecuritiesMbsCategorizedAsTrading
|
2687031000 | USD |
| CY2016 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.54 | |
| CY2016 | orc |
Directors Fees And Liability Insurance
DirectorsFeesAndLiabilityInsurance
|
1007000 | USD |
| CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
12730000 | USD |
| CY2014 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
24519000 | USD |
| CY2016 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1979000 | USD |
| CY2016 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-12-31 | |
| CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
16847000 | shares |
| CY2016Q4 | orc |
Collateral Held On Repurchase Agreements
CollateralHeldOnRepurchaseAgreements
|
2970880000 | USD |
| CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2016 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
118328000 | USD |
| CY2016 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-80000 | USD |
| CY2014 | us-gaap |
Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
|
4292000 | USD |
| CY2016 | us-gaap |
Professional Fees
ProfessionalFees
|
871000 | USD |
| CY2015 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
184000 | USD |
| CY2016Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2015Q1 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
-6063000 | USD |
| CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
2037000 | USD |
| CY2014 | us-gaap |
Payments For Federal Home Loan Bank Advances
PaymentsForFederalHomeLoanBankAdvances
|
0 | USD |
| CY2015Q4 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
2097000 | USD |
| CY2015 | us-gaap |
Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
|
187500000 | USD |
| CY2016 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
269000 | USD |
| CY2016 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001518621 | |
| CY2015Q4 | orc |
Mortgage Backed Securities After Ten Years Fair Value
MortgageBackedSecuritiesAfterTenYearsFairValue
|
2157175000 | USD |
| CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5509000 | USD |
| CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
20950000 | USD |
| CY2014 | orc |
Swaption Gain
SwaptionGain
|
-4439000 | USD |
| CY2016 | orc |
Proceeds From Net Tba Settlements
ProceedsFromNetTbaSettlements
|
-1401000 | USD |
| CY2015Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7811000 | USD |
| CY2016Q4 | orc |
Mortgage Backed Securities After Ten Years Fair Value
MortgageBackedSecuritiesAfterTenYearsFairValue
|
3021740000 | USD |
| CY2014 | dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2010-08-17 | |
| CY2015 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20266706 | shares |
| CY2015 | orc |
Directors Fees And Liability Insurance
DirectorsFeesAndLiabilityInsurance
|
983000 | USD |
| CY2016Q1 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
1269000 | USD |
| CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
24000 | shares |
| CY2016Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
10365000 | USD |
| CY2015Q3 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
-23682000 | USD |
| CY2015 | orc |
Management Fees
ManagementFees
|
3978000 | USD |
| CY2014 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
11646000 | USD |
| CY2014 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
9890058 | shares |
| CY2016Q2 | us-gaap |
Other Expenses
OtherExpenses
|
860000 | USD |
| CY2016 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2015Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16847000 | shares |
| CY2016 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
| CY2016 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2015Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.42 | |
| CY2016 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
| CY2015Q4 | orc |
Portfolio Income
PortfolioIncome
|
9908000 | USD |
| CY2016Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
566000 | USD |
| CY2015Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
2050000 | USD |
| CY2015Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.14 | |
| CY2015 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
431000 | USD |
| CY2015Q2 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
1288000 | USD |
| CY2015Q1 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
1095000 | USD |
| CY2015Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.36 | |
| CY2015 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1071000 | USD |
| CY2015 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.05 | |
| CY2015Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.14 | |
| CY2015Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
| CY2014 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
105000 | USD |
| CY2015Q4 | us-gaap |
Interest Expense
InterestExpense
|
2371000 | USD |
| CY2016Q4 | orc |
Repurchase Agreement Amount At Risk
RepurchaseAgreementAmountAtRisk
|
182700000 | USD |
| CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2832000 | USD |
| CY2015Q2 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
-16017000 | USD |
| CY2016Q2 | orc |
Portfolio Income
PortfolioIncome
|
8597000 | USD |
| CY2016Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.72 | |
| CY2016Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.21 | |
| CY2014 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
28773000 | USD |
| CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
4000000 | shares |
| CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3138694000 | USD |
| CY2016 | dei |
Document Type
DocumentType
|
10-K | |
| CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2015 | orc |
Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Trading
ProceedsFromSaleOfMortgageBackedSecuritiesMbsCategorizedAsTrading
|
1832194000 | USD |
| CY2014 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.48 | |
| CY2014 | orc |
Effect Of Weighting
EffectOfWeighting
|
-6834000 | shares |
| CY2016Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
32962919 | shares |
| CY2015 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
38748000 | USD |
| CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
253255000 | USD |
| CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
73475000 | USD |
| CY2016Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
4616000 | USD |
| CY2015Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
0 | USD |
| CY2015 | orc |
Amortization Of Equity Awards
AmortizationOfEquityAwards
|
144000 | USD |
| CY2015 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
-10852000 | USD |
| CY2016 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
118328000 | USD |
| CY2016Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
1982000 | USD |
| CY2015Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
0 | USD |
| CY2016 | orc |
Federal Home Loan Bank Dividends
FederalHomeLoanBankDividends
|
14000 | USD |
| CY2015 | orc |
Federal Home Loan Bank Dividends
FederalHomeLoanBankDividends
|
0 | USD |
| CY2014 | orc |
Federal Home Loan Bank Dividends
FederalHomeLoanBankDividends
|
0 | USD |
| CY2014 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
77000 | USD |
| CY2014 | orc |
Amortization Of Equity Awards
AmortizationOfEquityAwards
|
65000 | USD |
| CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
44765000 | USD |
| CY2014 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
171295000 | USD |
| CY2015 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
83275000 | USD |
| CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8169000 | USD |
| CY2016 | us-gaap |
Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
|
3750000 | USD |
| CY2015 | us-gaap |
Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
|
0 | USD |
| CY2014 | us-gaap |
Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
|
0 | USD |
| CY2016 | orc |
Unrealizedgainsswaps
Unrealizedgainsswaps
|
9499000 | USD |
| CY2015 | orc |
Unrealizedgainsswaps
Unrealizedgainsswaps
|
0 | USD |
| CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
21749490 | shares |
| CY2015 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
68811000 | USD |
| CY2015 | orc |
Net Portfolio Income
NetPortfolioIncome
|
8965000 | USD |
| CY2015 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
-38748000 | USD |
| CY2015 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
135000 | USD |
| CY2016 | orc |
Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Trading
ProceedsFromSaleOfMortgageBackedSecuritiesMbsCategorizedAsTrading
|
2002813000 | USD |
| CY2014 | orc |
Unrealizedgainsswaps
Unrealizedgainsswaps
|
0 | USD |
| CY2016 | us-gaap |
Payments For Federal Home Loan Bank Advances
PaymentsForFederalHomeLoanBankAdvances
|
187500000 | USD |
| CY2015 | us-gaap |
Payments For Federal Home Loan Bank Advances
PaymentsForFederalHomeLoanBankAdvances
|
0 | USD |
| CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
93137000 | USD |
| CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8169000 | USD |
| CY2016 | orc |
Scheduleoffinancialinstrumentspledgedascollateralfromcounterpartiestextblock
Scheduleoffinancialinstrumentspledgedascollateralfromcounterpartiestextblock
|
<div><table style='border-collapse:collapse;' ><tr style='height:15.75pt;' ><td colspan='2' rowspan='1' style='width:344.25pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;vertical-align:bottom;border-color:Black;min-width:344.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-style:italic;color:#000000;' >(in thousands)</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:344.25pt;border-top-style:solid;border-top-width:2;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:344.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >Assets Pledged to Orchid</font></td><td style='width:9pt;border-top-style:solid;border-top-width:2;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:2;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >December 31, 2016</font></td><td style='width:9pt;border-top-style:solid;border-top-width:2;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:2;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >December 31, 2015</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:344.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:344.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >PT RMBS - fair value</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >167</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:344.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:344.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >U.S. Treasury securities - fair value</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >3,438</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >723</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:344.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:344.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >Cash</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >1,029</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >1,421</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:344.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:344.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >Total</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >4,467</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >2,311</font></td></tr></table></div> | |
| CY2016 | dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2010-08-17 | |
| CY2016 | dei |
Entity Incorporation State Country Name
EntityIncorporationStateCountryName
|
MD | |
| CY2016 | us-gaap |
Operations Commenced Date1
OperationsCommencedDate1
|
2010-11-24 | |
| CY2016 | orc |
Required Annual Distribution Of Taxable Income
RequiredAnnualDistributionOfTaxableIncome
|
0.9 | pure |
| CY2016 | orc |
Stock Repurchase Program Authorization Date
StockRepurchaseProgramAuthorizationDate
|
2015-07-29 | |
| CY2016Q4 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
2000000 | shares |
| CY2016 | orc |
Stock Repurchase Program Cumulative Shares Repurchased
StockRepurchaseProgramCumulativeSharesRepurchased
|
1216243 | shares |
| CY2016 | orc |
Stock Repurchase Program Cumulative Cost
StockRepurchaseProgramCumulativeCost
|
10800000 | USD |
| CY2016Q4 | orc |
Mortgage Backed Securities After One Through Five Years Fair Value
MortgageBackedSecuritiesAfterOneThroughFiveYearsFairValue
|
157000 | USD |
| CY2015Q4 | us-gaap |
Federal Home Loan Bank Advances Branch Of Fhlb Bank Interest Rate
FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRate
|
0.0042 | pure |
| CY2016Q4 | us-gaap |
Federal Home Loan Bank Stock
FederalHomeLoanBankStock
|
2500 | USD |
| CY2016Q4 | orc |
Repurchaseagreementcashcollateral
Repurchaseagreementcashcollateral
|
10835000 | USD |
| CY2015Q4 | orc |
Repurchaseagreementcashcollateral
Repurchaseagreementcashcollateral
|
3997000 | USD |
| CY2016Q4 | orc |
Derivative Margin Balance
DerivativeMarginBalance
|
9865000 | USD |
| CY2015Q4 | orc |
Derivative Margin Balance
DerivativeMarginBalance
|
8483000 | USD |
| CY2016Q4 | orc |
Gross Amount Of Recognized Assets
GrossAmountOfRecognizedAssets
|
10365000 | USD |
| CY2016Q4 | orc |
Gross Amount Of Assets Offset In The Balance Sheet
GrossAmountOfAssetsOffsetInTheBalanceSheet
|
0 | USD |
| CY2016Q4 | orc |
Net Amount Of Assets Presented In The Balance Sheet
NetAmountOfAssetsPresentedInTheBalanceSheet
|
10365000 | USD |
| CY2016Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.42 | |
| CY2016Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.42 | |
| CY2016Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.42 | |
| CY2015Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.54 | |
| CY2015Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.54 | |
| CY2016Q4 | orc |
Gross Amounts Of Financial Instruments Received Not Offset In Balance Sheet
GrossAmountsOfFinancialInstrumentsReceivedNotOffsetInBalanceSheet
|
0 | USD |
| CY2016Q4 | orc |
Gross Amounts Of Cash Collateral Received Not Offset In Balance Sheet
GrossAmountsOfCashCollateralReceivedNotOffsetInBalanceSheet
|
-63000 | USD |
| CY2016Q4 | orc |
Net Amount Of Assets
NetAmountOfAssets
|
10302000 | USD |
| CY2015Q4 | orc |
Gross Amount Of Recognized Assets
GrossAmountOfRecognizedAssets
|
669000 | USD |
| CY2015Q4 | orc |
Gross Amount Of Assets Offset In The Balance Sheet
GrossAmountOfAssetsOffsetInTheBalanceSheet
|
0 | USD |
| CY2015Q4 | orc |
Net Amount Of Assets Presented In The Balance Sheet
NetAmountOfAssetsPresentedInTheBalanceSheet
|
669000 | USD |
| CY2015Q4 | orc |
Gross Amounts Of Financial Instruments Received Not Offset In Balance Sheet
GrossAmountsOfFinancialInstrumentsReceivedNotOffsetInBalanceSheet
|
0 | USD |
| CY2015Q4 | orc |
Gross Amounts Of Cash Collateral Received Not Offset In Balance Sheet
GrossAmountsOfCashCollateralReceivedNotOffsetInBalanceSheet
|
0 | USD |
| CY2015Q4 | orc |
Net Amount Of Assets
NetAmountOfAssets
|
669000 | USD |
| CY2016Q4 | orc |
Gross Amount Of Recognized Liabilties
GrossAmountOfRecognizedLiabilties
|
2795687000 | USD |
| CY2016Q4 | orc |
Gross Amount Of Liabilties Offset In The Balance Sheet
GrossAmountOfLiabiltiesOffsetInTheBalanceSheet
|
0 | USD |
| CY2016Q4 | orc |
Net Amount Of Liabilities Presented In The Balance Sheet
NetAmountOfLiabilitiesPresentedInTheBalanceSheet
|
2795687000 | USD |
| CY2016Q4 | orc |
Gross Amount Of Financial Instruments Posted Not Offset In Balance Sheet
GrossAmountOfFinancialInstrumentsPostedNotOffsetInBalanceSheet
|
-2782870000 | USD |
| CY2016Q4 | orc |
Gross Amounts Of Cash Posted Not Offset In Balance Sheet
GrossAmountsOfCashPostedNotOffsetInBalanceSheet
|
-12485000 | USD |
| CY2016Q4 | orc |
Net Amount Of Liabilities
NetAmountOfLiabilities
|
332000 | USD |
| CY2015Q4 | orc |
Gross Amount Of Recognized Liabilties
GrossAmountOfRecognizedLiabilties
|
1798813000 | USD |
| CY2015Q4 | orc |
Gross Amount Of Liabilties Offset In The Balance Sheet
GrossAmountOfLiabiltiesOffsetInTheBalanceSheet
|
0 | USD |
| CY2015Q4 | orc |
Net Amount Of Liabilities Presented In The Balance Sheet
NetAmountOfLiabilitiesPresentedInTheBalanceSheet
|
1798813000 | USD |
| CY2015Q4 | orc |
Gross Amount Of Financial Instruments Posted Not Offset In Balance Sheet
GrossAmountOfFinancialInstrumentsPostedNotOffsetInBalanceSheet
|
-1794816000 | USD |
| CY2015Q4 | orc |
Gross Amounts Of Cash Posted Not Offset In Balance Sheet
GrossAmountsOfCashPostedNotOffsetInBalanceSheet
|
-3997000 | USD |
| CY2015Q4 | orc |
Net Amount Of Liabilities
NetAmountOfLiabilities
|
0 | USD |
| CY2016 | orc |
Stock Repurchase Program Weighted Average Price Cumulative
StockRepurchaseProgramWeightedAveragePriceCumulative
|
8.92 | |
| CY2016 | orc |
Real Estate Investment Trust Distribution Requirement
RealEstateInvestmentTrustDistributionRequirement
|
0.9 | pure |
| CY2016 | orc |
Real Estate Investment Trust Distibution Requirment Within Tax Year
RealEstateInvestmentTrustDistibutionRequirmentWithinTaxYear
|
0.85 | pure |
| CY2016 | orc |
Distribution Taxed In Subsequent Year
DistributionTaxedInSubsequentYear
|
0.14 | |
| CY2016 | orc |
Distribution Taxed In Current Year
DistributionTaxedInCurrentYear
|
1.54 | |
| CY2016 | orc |
Distribution Exceeding Earnings Percent
DistributionExceedingEarningsPercent
|
0.09 | pure |
| CY2016 | orc |
Ordinary Income Distributions Percent
OrdinaryIncomeDistributionsPercent
|
0.87 | pure |
| CY2015 | orc |
Ordinary Income Distributions Percent
OrdinaryIncomeDistributionsPercent
|
1 | pure |
| CY2016 | orc |
Qualified Dividend Distribution Percent
QualifiedDividendDistributionPercent
|
0.04 | pure |
| CY2016 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
| CY2015 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
| CY2016Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.42 | |
| CY2015Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.42 | |
| CY2015Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.42 | |
| CY2016 | orc |
Distribution Exceeding Earnings Amount
DistributionExceedingEarningsAmount
|
0.14 | |
| CY2016 | orc |
Ordinary Income Distributions Amount
OrdinaryIncomeDistributionsAmount
|
1.33 | |
| CY2016 | orc |
Qualified Dividend Distribution Amount
QualifiedDividendDistributionAmount
|
0.07 |
