$ORC
Orchid Island Capital, Inc. Stock $orc

$orc Overview Financials Valuation SEC Filings Company Website

2018 Q1 Form 10-K Financial Statement

#000127547718000034 Filed on February 15, 2018

Income Statement

Concept	2018 Q1	2017 Q4	2017 Q3
Revenue	$39.94M	$10.56M	$38.97M
YoY Change	23.6%	-181.61%	74.32%
Cost Of Revenue	$16.86M	$15.18M	$14.17M
YoY Change	110.22%	144.84%	181.71%
Gross Profit	-$14.98M	-$4.620M	$16.55M
YoY Change	-519.61%	-75.85%	-23.91%
Gross Profit Margin	-37.51%	-43.75%	42.46%
Selling, General & Admin	$3.107M	$1.050M	$2.899M
YoY Change	28.39%	-0.94%	27.65%
% of Gross Profit			17.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$3.107M	$1.360M	$2.899M
YoY Change	28.39%	6.25%	27.65%
Operating Profit	-$18.09M	-$5.980M	$13.65M
YoY Change	-1672.78%	-70.7%	-29.92%
Interest Expense		$13.56M	$12.64M
YoY Change		172.41%	217.62%
% of Operating Profit			92.58%
Other Income/Expense, Net	$1.014M	$952.0K	$959.0K
YoY Change	35.2%	0.11%	8.61%
Pretax Income	-$16.38M	-$5.980M	$15.18M
YoY Change	-768.57%	-70.71%	-26.06%
Income Tax
% Of Pretax Income
Net Earnings	-$16.38M	-$5.982M	$15.18M
YoY Change	-768.72%	-70.7%	-26.03%
Net Earnings / Revenue	-41.01%	-56.65%	38.96%
Basic Earnings Per Share	-$0.31	-$0.12	$0.33
Diluted Earnings Per Share	-$0.31	-$0.12	$0.33
COMMON SHARES
Basic Shares Outstanding	53.07M shares	46.11M shares	45.30M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2018 Q1	2017 Q4	2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$127.2M	$214.4M	$161.7M
YoY Change	33.75%	191.7%	45.81%
Cash & Equivalents	$127.2M	$214.4M	$161.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$160.9M
Other Receivables	$15.40M
Total Short-Term Assets	$303.5M	$228.8M	$177.1M
YoY Change	180.24%	169.18%	19.74%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$3.746B	$3.745B	$3.930B
YoY Change	14.83%	23.91%	57.12%
Other Assets	$28.60M	$25.30M	$12.00M
YoY Change	550.0%	127.93%	42.86%
Total Long-Term Assets	$3.819B	$3.795B	$3.967B
YoY Change	15.99%	24.26%	57.4%
TOTAL ASSETS
Total Short-Term Assets	$303.5M	$228.8M	$177.1M
Total Long-Term Assets	$3.819B	$3.795B	$3.967B
Total Assets	$4.123B	$4.023B	$4.144B
YoY Change	21.22%	28.19%	55.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$800.0K	$800.0K	$800.0K
YoY Change	0.0%	33.33%	60.0%
Accrued Expenses	$7.200M	$6.500M	$4.800M
YoY Change	260.0%	261.11%	152.63%
Deferred Revenue
YoY Change
Short-Term Debt	$3.619B	$3.534B	$3.710B
YoY Change	18.64%	26.49%	61.44%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.664B	$3.549B	$3.722B
YoY Change	19.81%	26.7%	56.86%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$29.20M	$12.60M	$8.000M
YoY Change	235.63%	142.31%	515.38%
Total Long-Term Liabilities	$29.20M	$12.60M	$8.000M
YoY Change	235.63%	142.31%	515.38%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.664B	$3.549B	$3.722B
Total Long-Term Liabilities	$29.20M	$12.60M	$8.000M
Total Liabilities	$3.693B	$3.561B	$3.730B
YoY Change	20.42%	26.92%	57.11%
SHAREHOLDERS EQUITY
Retained Earnings	-$16.38M	$0.00	$0.00
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$429.5M	$462.2M	$414.4M
YoY Change
Total Liabilities & Shareholders Equity	$4.123B	$4.023B	$4.144B
YoY Change	21.22%	28.19%	55.31%

Cashflow Statement

Concept	2018 Q1	2017 Q4	2017 Q3
OPERATING ACTIVITIES
Net Income	-$16.38M	-$5.982M	$15.18M
YoY Change	-768.72%	-70.7%	-26.03%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$41.55M	$41.39M	$19.72M
YoY Change	135.81%	25.5%	16.76%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$190.6M	$145.5M	-$470.7M
YoY Change	-25.28%	-123.13%	92.12%
Cash From Investing Activities	-$190.6M	$145.5M	-$470.7M
YoY Change	-25.28%	-123.13%	92.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$0.00
YoY Change	-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	66.38M	-121.5M	412.6M
YoY Change	-74.05%	-121.74%	54.31%
NET CHANGE
Cash From Operating Activities	41.55M	41.39M	19.72M
Cash From Investing Activities	-190.6M	145.5M	-470.7M
Cash From Financing Activities	66.38M	-121.5M	412.6M
Net Change In Cash	-82.71M	65.42M	-38.38M
YoY Change	-551.97%	-275.01%	-197.76%
FREE CASH FLOW
Cash From Operating Activities	$41.55M	$41.39M	$19.72M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	332449000	USD
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q4	us-gaap	Cash Uninsured Amount CashUninsuredAmount	213300000	USD
CY2017	dei	Document Period End Date DocumentPeriodEndDate	2017-12-31
CY2017	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	4690000	USD
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3000	USD
CY2016	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	47046000	USD
CY2018Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	53065790	shares
CY2017Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	216000	USD
CY2017	dei	Entity Registrant Name EntityRegistrantName	Orchid Island Capital, Inc.
CY2017	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	67904000	USD
CY2017Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	461680000	USD
CY2017	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	6499153000	USD
CY2017	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Outstanding Stock Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum	0.1	pure
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	20950000	USD
CY2017	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2017Q4	orc	Net Amount Of Liabilities NetAmountOfLiabilities	530000	USD
CY2017	orc	Proceeds From Securities Sold Under Agreements To Repurchase ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase	54481746000	USD
CY2017Q4	us-gaap	Other Liabilities OtherLiabilities	10566000	USD
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	231000	USD
CY2017	dei	Entity Incorporation Date Of Incorporation EntityIncorporationDateOfIncorporation	2010-08-17
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2016	orc	Payments For Securities Sold Under Agreements To Repurchase PaymentsForSecuritiesSoldUnderAgreementsToRepurchase	31380303000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	3561132000	USD
CY2016Q4	orc	Mortgage Backed Securities After Five Through Ten Years Fair Value MortgageBackedSecuritiesAfterFiveThroughTenYearsFairValue	277000	USD
CY2017	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	535000	USD
CY2017	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	197607000	USD
CY2017	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017	orc	Effect Of Weighting EffectOfWeighting	-12042000	shares
CY2017	orc	Proceeds From Net Tba Settlements ProceedsFromNetTbaSettlements	-5242000	USD
CY2017Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	32349000	USD
CY2016Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	1826000	USD
CY2016Q4	us-gaap	Financial Instruments Owned And Not Pledged At Fair Value FinancialInstrumentsOwnedAndNotPledgedAtFairValue	49884000	USD
CY2016Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	10365000	USD
CY2016Q4	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	3022174000	USD
CY2017Q4	orc	Gross Amount Of Recognized Liabilties GrossAmountOfRecognizedLiabilties	3535824000	USD
CY2016Q4	orc	Mortgage Backed Securities After One Through Five Years Fair Value MortgageBackedSecuritiesAfterOneThroughFiveYearsFairValue	157000	USD
CY2017Q4	orc	Mortgage Backed Securities After Five Through Ten Years Fair Value MortgageBackedSecuritiesAfterFiveThroughTenYearsFairValue	3281000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	2805915000	USD
CY2017	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	2007000	USD
CY2017	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	2007000	USD
CY2017	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
CY2016Q4	us-gaap	Other Liabilities OtherLiabilities	3220000	USD
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Assets Assets	4023343000	USD
CY2017Q4	orc	Net Amount Of Liabilities Presented In The Balance Sheet NetAmountOfLiabilitiesPresentedInTheBalanceSheet	3535824000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	73475000	USD
CY2017Q4	orc	Gross Amount Of Financial Instruments Posted Not Offset In Balance Sheet GrossAmountOfFinancialInstrumentsPostedNotOffsetInBalanceSheet	-3508490000	USD
CY2016Q4	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	330000	USD
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2017Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	3533786000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	462211000	USD
CY2017	us-gaap	Operations Commenced Date1 OperationsCommencedDate1	2010-11-24
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017	us-gaap	Proceeds From Sale Of Federal Home Loan Bank Stock ProceedsFromSaleOfFederalHomeLoanBankStock	3000	USD
CY2016Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016	us-gaap	Payments For Federal Home Loan Bank Advances PaymentsForFederalHomeLoanBankAdvances	187500000	USD
CY2017	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2017Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	17160000	USD
CY2016	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-80000	USD
CY2017	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-802505000	USD
CY2017	dei	Entity Central Index Key EntityCentralIndexKey	0001518621
CY2016	orc	Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Trading ProceedsFromSaleOfMortgageBackedSecuritiesMbsCategorizedAsTrading	2002813000	USD
CY2016Q4	us-gaap	Interest Receivable InterestReceivable	11512000	USD
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	orc	Mortgage Backed Securities After Ten Years Fair Value MortgageBackedSecuritiesAfterTenYearsFairValue	3741501000	USD
CY2017	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	2932000	USD
CY2017	us-gaap	Gain Loss On Investments Excluding Other Than Temporary Impairments GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments	-75769000	USD
CY2017	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	262000	USD
CY2016	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	36772000	USD
CY2017	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2017	dei	Document Type DocumentType	10-K
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	53061904	shares
CY2017	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	869784000	USD
CY2017	orc	Payments For Securities Sold Under Agreements To Repurchase PaymentsForSecuritiesSoldUnderAgreementsToRepurchase	53741665000	USD
CY2017Q4	us-gaap	Financial Instruments Owned At Fair Value FinancialInstrumentsOwnedAtFairValue	3744811000	USD
CY2017	dei	Entity Incorporation State Country Name EntityIncorporationStateCountryName	MD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	0	USD
CY2016Q4	orc	Mortgage Backed Securities After Ten Years Fair Value MortgageBackedSecuritiesAfterTenYearsFairValue	3021740000	USD
CY2017	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	197607000	USD
CY2017Q4	orc	Gross Amounts Of Cash Posted Not Offset In Balance Sheet GrossAmountsOfCashPostedNotOffsetInBalanceSheet	-26804000	USD
CY2017	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	70717000	USD
CY2016	orc	Proceeds From Securities Sold Under Agreements To Repurchase ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase	32375195000	USD
CY2016	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	101000	USD
CY2017	us-gaap	Payments For Proceeds From Derivative Instrument Investing Activities PaymentsForProceedsFromDerivativeInstrumentInvestingActivities	-1138000	USD
CY2016Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	566000	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
CY2017Q4	orc	Gross Amount Of Liabilties Offset In The Balance Sheet GrossAmountOfLiabiltiesOffsetInTheBalanceSheet	0	USD
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017	dei	Trading Symbol TradingSymbol	ORC
CY2016Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	2793705000	USD
CY2017	orc	Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Categorized As Trading ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesCategorizedAsTrading	365166000	USD
CY2017	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2017Q4	us-gaap	Interest Receivable InterestReceivable	14444000	USD
CY2017Q4	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	531000	USD
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2016	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	2279000	USD
CY2016	us-gaap	Payments For Proceeds From Derivative Instrument Investing Activities PaymentsForProceedsFromDerivativeInstrumentInvestingActivities	-704000	USD
CY2017	us-gaap	Interest Paid Net InterestPaidNet	36981000	USD
CY2017	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	273000	USD
CY2016	orc	Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Categorized As Trading ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesCategorizedAsTrading	254607000	USD
CY2016	orc	Proceeds From Net Tba Settlements ProceedsFromNetTbaSettlements	-1401000	USD
CY2017	us-gaap	Payments For Federal Home Loan Bank Advances PaymentsForFederalHomeLoanBankAdvances	0	USD
CY2016	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	888948000	USD
CY2016	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	605000	USD
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CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	4000000	shares
CY2017	orc	Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Trading ProceedsFromSaleOfMortgageBackedSecuritiesMbsCategorizedAsTrading	5335583000	USD
CY2016Q4	us-gaap	Financial Instruments Owned And Pledged As Collateral At Fair Value FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue	2972290000	USD
CY2017Q4	us-gaap	Financial Instruments Owned And Pledged As Collateral At Fair Value FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue	3712561000	USD
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CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	32962919	shares
CY2017	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2016	us-gaap	Interest Paid Net InterestPaidNet	14641000	USD
CY2017	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	85008000	USD
CY2016Q4	us-gaap	Assets Assets	3138694000	USD
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CY2017Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	7429000	USD
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CY2016Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	94425000	USD
CY2015Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	69959000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	246712000	USD
CY2016Q4	orc	Net Amount Of Assets Presented In The Balance Sheet NetAmountOfAssetsPresentedInTheBalanceSheet	10365000	USD
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
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
CY2017	us-gaap	Marketable Securities Realized Gain Loss MarketableSecuritiesRealizedGainLoss	-7788000	USD
CY2017	us-gaap	Marketable Securities Unrealized Gain Loss MarketableSecuritiesUnrealizedGainLoss	-67981000	USD
CY2017	us-gaap	Gain Loss On Derivative Instruments Held For Trading Purposes Net GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet	-15349000	USD
CY2017	us-gaap	Investment Income Dividend InvestmentIncomeDividend	0	USD
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CY2016	us-gaap	Marketable Securities Unrealized Gain Loss MarketableSecuritiesUnrealizedGainLoss	-54149000	USD
CY2016	us-gaap	Gain Loss On Derivative Instruments Held For Trading Purposes Net GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet	-9387000	USD
CY2016	us-gaap	Investment Income Dividend InvestmentIncomeDividend	14000	USD
CY2015	us-gaap	Marketable Securities Realized Gain Loss MarketableSecuritiesRealizedGainLoss	-1411000	USD
CY2015	us-gaap	Marketable Securities Unrealized Gain Loss MarketableSecuritiesUnrealizedGainLoss	-28274000	USD
CY2015	us-gaap	Gain Loss On Derivative Instruments Held For Trading Purposes Net GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet	-22890000	USD
CY2015	us-gaap	Investment Income Dividend InvestmentIncomeDividend	0	USD
CY2017	us-gaap	Cost Of Services Overhead CostOfServicesOverhead	1576000	USD
CY2016	us-gaap	Cost Of Services Overhead CostOfServicesOverhead	1300000	USD
CY2015	us-gaap	Cost Of Services Overhead CostOfServicesOverhead	1064000	USD
CY2017	us-gaap	Labor And Related Expense LaborAndRelatedExpense	640000	USD
CY2016	us-gaap	Labor And Related Expense LaborAndRelatedExpense	806000	USD
CY2015	us-gaap	Labor And Related Expense LaborAndRelatedExpense	646000	USD
CY2017	us-gaap	Noninterest Expense Directors Fees NoninterestExpenseDirectorsFees	949000	USD
CY2016	us-gaap	Noninterest Expense Directors Fees NoninterestExpenseDirectorsFees	1007000	USD
CY2015	us-gaap	Noninterest Expense Directors Fees NoninterestExpenseDirectorsFees	983000	USD
CY2017	us-gaap	Professional Fees ProfessionalFees	706000	USD
CY2016	us-gaap	Professional Fees ProfessionalFees	871000	USD
CY2015	us-gaap	Professional Fees ProfessionalFees	706000	USD
CY2017	orc	Direct Reit Operating Expenses DirectReitOperatingExpenses	1124000	USD
CY2016	orc	Direct Reit Operating Expenses DirectReitOperatingExpenses	652000	USD
CY2015	orc	Direct Reit Operating Expenses DirectReitOperatingExpenses	241000	USD
CY2017	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	316000	USD
CY2016	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	269000	USD
CY2015	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	276000	USD
CY2017	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
CY2016	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.08
CY2015	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
CY2017	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
CY2016	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.08
CY2015	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
CY2017	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	41062039	shares
CY2016	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	24099714	shares
CY2015	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	20266706	shares
CY2016	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	3172001000	USD
CY2016	us-gaap	Proceeds From Sale Of Federal Home Loan Bank Stock ProceedsFromSaleOfFederalHomeLoanBankStock	3750000	USD
CY2015	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	1071000	USD
CY2016	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1979000	USD
CY2016	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	1979000	USD
CY2016	orc	Effect Of Weighting EffectOfWeighting	-8916000	shares
CY2015	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1071000	USD
CY2015	orc	Effect Of Weighting EffectOfWeighting	-1506000	shares
CY2017Q4	us-gaap	Derivative Asset Fair Value Gross Liability DerivativeAssetFairValueGrossLiability	2038000	USD
CY2016Q4	us-gaap	Derivative Asset Fair Value Gross Liability DerivativeAssetFairValueGrossLiability	1982000	USD
CY2017	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-870000	USD
CY2016	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	7017000	USD
CY2017Q4	us-gaap	Securities Sold Under Agreements To Repurchase Fair Value Of Collateral SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral	3726523000	USD
CY2017Q4	orc	Gross Amounts Of Financial Instruments Received Not Offset In Balance Sheet GrossAmountsOfFinancialInstrumentsReceivedNotOffsetInBalanceSheet	0	USD
CY2016Q4	orc	Securities Pledged By Counterparties SecuritiesPledgedByCounterparties	4467000	USD
CY2017Q4	orc	Securities Pledged By Counterparties SecuritiesPledgedByCounterparties	3631000	USD
CY2016Q4	us-gaap	Securities Sold Under Agreements To Repurchase Fair Value Of Collateral SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral	2970880000	USD
CY2017Q4	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.0154	pure
CY2016Q4	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.01	pure
CY2017Q4	orc	Net Amount Of Assets Presented In The Balance Sheet NetAmountOfAssetsPresentedInTheBalanceSheet	17160000	USD
CY2015	orc	Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Categorized As Trading ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesCategorizedAsTrading	215658000	USD
CY2015	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	431000	USD
CY2015	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	-10852000	USD
CY2017Q4	orc	Gross Amounts Of Cash Collateral Received Not Offset In Balance Sheet GrossAmountsOfCashCollateralReceivedNotOffsetInBalanceSheet	-3415000	USD
CY2017Q4	orc	Net Amount Of Assets NetAmountOfAssets	13745000	USD
CY2016Q4	orc	Gross Amount Of Assets Offset In The Balance Sheet GrossAmountOfAssetsOffsetInTheBalanceSheet	0	USD
CY2017Q4	orc	Gross Amount Of Assets Offset In The Balance Sheet GrossAmountOfAssetsOffsetInTheBalanceSheet	0	USD
CY2017	orc	Fair Value Assets Transfers Amount FairValueAssetsTransfersAmount	0	USD
CY2016	orc	Fair Value Assets Transfers Amount FairValueAssetsTransfersAmount	0	USD
CY2017	orc	Common Shares Outstanding Earnings Per Share CommonSharesOutstandingEarningsPerShare	53062000	shares
CY2016	orc	Common Shares Outstanding Earnings Per Share CommonSharesOutstandingEarningsPerShare	32963000	shares
CY2015	orc	Common Shares Outstanding Earnings Per Share CommonSharesOutstandingEarningsPerShare	21749000	shares
CY2017	orc	Unvested Dividend Eligible Shares Outstanding Earnings Per Share UnvestedDividendEligibleSharesOutstandingEarningsPerShare	42000	shares
CY2016	orc	Unvested Dividend Eligible Shares Outstanding Earnings Per Share UnvestedDividendEligibleSharesOutstandingEarningsPerShare	53000	shares
CY2015	orc	Unvested Dividend Eligible Shares Outstanding Earnings Per Share UnvestedDividendEligibleSharesOutstandingEarningsPerShare	24000	shares
CY2015	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	-38748000	USD
CY2015	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	83275000	USD
CY2015	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	287000	USD
CY2015	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	144000	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	218078000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	253255000	USD
CY2016	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	-41388000	USD
CY2016	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	118328000	USD
CY2016	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	301000	USD
CY2016	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	304000	USD
CY2015	us-gaap	Gain Loss On Investments Excluding Other Than Temporary Impairments GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments	-29685000	USD
CY2015	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	2279000	USD
CY2015	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	19000	USD
CY2015	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	235000	USD
CY2015	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	184000	USD
CY2015	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	135000	USD
CY2015	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	30705000	USD
CY2015	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-1262000	USD
CY2015	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	2687031000	USD
CY2015	orc	Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Trading ProceedsFromSaleOfMortgageBackedSecuritiesMbsCategorizedAsTrading	1832194000	USD
CY2015	us-gaap	Proceeds From Sale Of Federal Home Loan Bank Stock ProceedsFromSaleOfFederalHomeLoanBankStock	-3753000	USD
CY2015	orc	Proceeds From Net Tba Settlements ProceedsFromNetTbaSettlements	386000	USD
CY2015	us-gaap	Payments For Proceeds From Derivative Instrument Investing Activities PaymentsForProceedsFromDerivativeInstrumentInvestingActivities	2464000	USD
CY2015	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-645010000	USD
CY2015	orc	Proceeds From Securities Sold Under Agreements To Repurchase ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase	18867303000	USD
CY2015	orc	Payments For Securities Sold Under Agreements To Repurchase PaymentsForSecuritiesSoldUnderAgreementsToRepurchase	18505141000	USD
CY2015	us-gaap	Payments For Federal Home Loan Bank Advances PaymentsForFederalHomeLoanBankAdvances	0	USD
CY2015	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	38748000	USD
CY2015	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	83275000	USD
CY2015	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	10852000	USD
CY2015	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	583337000	USD
CY2017	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2016	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2015	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-30968000	USD
CY2015Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	69959000	USD
CY2015	us-gaap	Interest Paid Net InterestPaidNet	7036000	USD
CY2017	us-gaap	Proceeds From Federal Home Loan Bank Advances ProceedsFromFederalHomeLoanBankAdvances	0	USD
CY2016	us-gaap	Proceeds From Federal Home Loan Bank Advances ProceedsFromFederalHomeLoanBankAdvances	0	USD
CY2015	us-gaap	Proceeds From Federal Home Loan Bank Advances ProceedsFromFederalHomeLoanBankAdvances	187500000	USD
CY2017	us-gaap	Schedule Of Repurchase Agreements ScheduleOfRepurchaseAgreements	<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:13.8pt;' ><font style='font-family:Arial Narrow;font-size:11pt;margin-left:18pt;' >As of </font><font style='font-family:Arial Narrow;font-size:11pt;' >December 31, 2017</font><font style='font-family:Arial Narrow;font-size:11pt;' > and </font><font style='font-family:Arial Narrow;font-size:11pt;' >2016</font><font style='font-family:Arial Narrow;font-size:11pt;' >, the Company’s repurchase agreements had remaining maturities as summarized below:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:13.5pt;' ><td colspan='2' rowspan='1' style='width:225pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;vertical-align:bottom;border-color:Black;min-width:225pt;' ><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:14.25pt;border-bottom-style:solid;border-bottom-width:2;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><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></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:213.75pt;border-top-style:solid;border-top-width:2;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><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:14.25pt;border-top-style:solid;border-top-width:2;text-align:center;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><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;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:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><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:14.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><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;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:213.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><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:14.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><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;' >TOTAL</font></td></tr><tr style='height:12.75pt;' ><td colspan='12' rowspan='1' style='width:546.75pt;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:546.75pt;' ><font style='font-family:Arial Narrow;font-size:10pt;font-weight:bold;color:#000000;' >December 31, 2017</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:225pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:225pt;' ><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:14.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><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></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:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><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;' >1,983,958</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;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >1,266,590</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</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;' >475,975</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><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;' >3,726,523</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:225pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:225pt;' ><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: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: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:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><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></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:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><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;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >1,871,833</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</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;' >1,208,518</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;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >453,435</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</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;' >3,533,786</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:225pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:225pt;' ><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;' >1.53%</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;' >1.53%</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;' >1.57%</font></td><td style='width:14.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><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;' >1.54%</font></td></tr><tr style='height:12.75pt;' ><td colspan='12' rowspan='1' style='width:546.75pt;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:546.75pt;' ><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:225pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:225pt;' ><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:14.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><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></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:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><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:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><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;' >2,970,880</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:225pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:225pt;' ><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:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><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></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:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><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;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</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;' >2,793,705</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:225pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:225pt;' ><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:14.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><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;' >1.00%</font></td></tr></table></div>
CY2017Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.33
CY2017Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.42
CY2017Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.42
CY2017Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.42
CY2017Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.42
CY2016Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.42
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
CY2017Q2	orc	Management Fees ManagementFees	1788000	USD
CY2017Q3	orc	Management Fees ManagementFees	1940000	USD
CY2017Q4	orc	Management Fees ManagementFees	2033000	USD
CY2017Q1	us-gaap	Other Expenses OtherExpenses	750000	USD
CY2017Q2	us-gaap	Other Expenses OtherExpenses	1074000	USD
CY2017Q3	us-gaap	Other Expenses OtherExpenses	959000	USD
CY2017Q4	us-gaap	Other Expenses OtherExpenses	952000	USD
CY2017Q1	orc	Realized And Unrealized Gains RealizedAndUnrealizedGains	-20727000	USD
CY2017Q2	orc	Realized And Unrealized Gains RealizedAndUnrealizedGains	-32597000	USD
CY2017Q3	orc	Realized And Unrealized Gains RealizedAndUnrealizedGains	-8254000	USD
CY2017Q4	orc	Realized And Unrealized Gains RealizedAndUnrealizedGains	-29540000	USD
CY2017Q1	orc	Portfolio Income PortfolioIncome	4869000	USD
CY2017Q2	orc	Portfolio Income PortfolioIncome	-6781000	USD
CY2017Q3	orc	Portfolio Income PortfolioIncome	18082000	USD
CY2017Q4	orc	Portfolio Income PortfolioIncome	-2997000	USD
CY2017Q1	orc	Management Fees ManagementFees	1670000	USD
CY2017Q2	dei	Entity Public Float EntityPublicFloat	430417877	USD
CY2017Q1	orc	Interest Income InterestIncome	32311000	USD
CY2017Q2	orc	Interest Income InterestIncome	34579000	USD
CY2017Q3	orc	Interest Income InterestIncome	38974000	USD
CY2017Q4	orc	Interest Income InterestIncome	40098000	USD
CY2017Q1	orc	Net Interest Income NetInterestIncome	25596000	USD
CY2017Q2	orc	Net Interest Income NetInterestIncome	25816000	USD
CY2017Q3	orc	Net Interest Income NetInterestIncome	26336000	USD
CY2017Q4	orc	Net Interest Income NetInterestIncome	26543000	USD
CY2017Q1	us-gaap	Costs And Expenses CostsAndExpenses	2420000	USD
CY2017Q2	us-gaap	Costs And Expenses CostsAndExpenses	2862000	USD
CY2017Q3	us-gaap	Costs And Expenses CostsAndExpenses	2899000	USD
CY2017Q4	us-gaap	Costs And Expenses CostsAndExpenses	2985000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	2449000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	-9643000	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	15183000	USD
CY2017Q4	us-gaap	Net Income Loss NetIncomeLoss	-5982000	USD
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.07
CY2017Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.26
CY2017Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.33
CY2017Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
CY2017Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.07
CY2017Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.26
CY2016Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.21
CY2016Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.29
CY2016Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.85
CY2016Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.72
CY2016Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.21
CY2016Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
CY2016Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.85
CY2016Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.72
CY2016Q1	orc	Interest Income InterestIncome	20466000	USD
CY2016Q2	orc	Interest Income InterestIncome	19235000	USD
CY2016Q3	orc	Interest Income InterestIncome	22358000	USD
CY2016Q2	us-gaap	Interest Expense InterestExpense	3330000	USD
CY2016Q3	us-gaap	Interest Expense InterestExpense	3979000	USD
CY2016Q4	us-gaap	Interest Expense InterestExpense	4976000	USD
CY2016Q1	orc	Net Interest Income NetInterestIncome	17147000	USD
CY2016Q2	orc	Net Interest Income NetInterestIncome	15905000	USD
CY2016Q3	orc	Net Interest Income NetInterestIncome	18379000	USD
CY2016Q4	orc	Net Interest Income NetInterestIncome	20092000	USD
CY2016Q1	orc	Realized And Unrealized Gains RealizedAndUnrealizedGains	-19558000	USD
CY2016Q2	orc	Realized And Unrealized Gains RealizedAndUnrealizedGains	-7308000	USD
CY2016Q3	orc	Realized And Unrealized Gains RealizedAndUnrealizedGains	4418000	USD
CY2016Q4	orc	Realized And Unrealized Gains RealizedAndUnrealizedGains	-38003000	USD
CY2016Q1	orc	Portfolio Income PortfolioIncome	-2411000	USD
CY2016Q2	orc	Portfolio Income PortfolioIncome	8597000	USD
CY2016Q3	orc	Portfolio Income PortfolioIncome	22797000	USD
CY2016Q4	orc	Portfolio Income PortfolioIncome	-17911000	USD
CY2016Q1	orc	Management Fees ManagementFees	1269000	USD
CY2016Q2	orc	Management Fees ManagementFees	1274000	USD
CY2016Q3	orc	Management Fees ManagementFees	1388000	USD
CY2016Q4	orc	Management Fees ManagementFees	1557000	USD
CY2016Q1	us-gaap	Other Expenses OtherExpenses	911000	USD
CY2016Q2	us-gaap	Other Expenses OtherExpenses	860000	USD
CY2016Q3	us-gaap	Other Expenses OtherExpenses	883000	USD
CY2016Q4	us-gaap	Other Expenses OtherExpenses	951000	USD
CY2016Q1	us-gaap	Costs And Expenses CostsAndExpenses	2180000	USD
CY2016Q2	us-gaap	Costs And Expenses CostsAndExpenses	2134000	USD
CY2016Q3	us-gaap	Costs And Expenses CostsAndExpenses	2271000	USD
CY2016Q4	us-gaap	Costs And Expenses CostsAndExpenses	2508000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	-4591000	USD
CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	6463000	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	20526000	USD
CY2016Q4	us-gaap	Net Income Loss NetIncomeLoss	-20419000	USD
CY2016Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	21756000	shares
CY2016Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	21921000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	24133000	shares
CY2016Q4	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	28495000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	33069000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	37211000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	45355000	shares
CY2017Q4	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	48310000	shares
CY2016	us-gaap	Repurchase Agreements Interest Expense Amount RepurchaseAgreementsInterestExpenseAmount	15604000	USD
CY2015	us-gaap	Repurchase Agreements Interest Expense Amount RepurchaseAgreementsInterestExpenseAmount	7271000	USD
CY2017	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	104291000	USD
CY2016	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	71523000	USD
CY2015	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	61540000	USD
CY2017	orc	Net Portfolio Income NetPortfolioIncome	13173000	USD
CY2017	orc	Real Estate Investment Trust Distribution Requirement RealEstateInvestmentTrustDistributionRequirement	0.9	pure
CY2017	orc	Real Estate Investment Trust Distibution Requirment Within Tax Year RealEstateInvestmentTrustDistibutionRequirmentWithinTaxYear	0.85	pure
CY2017	orc	Distribution Exceeding Earnings Percent DistributionExceedingEarningsPercent	0.42	pure
CY2017	orc	Ordinary Income Distributions Percent OrdinaryIncomeDistributionsPercent	0.58	pure
CY2017	orc	Distribution Taxed In Subsequent Year DistributionTaxedInSubsequentYear	0.14
CY2017	orc	Distribution Taxed In Current Year DistributionTaxedInCurrentYear	1.54
CY2017	orc	Distribution Exceeding Earnings Amount DistributionExceedingEarningsAmount	0.71
CY2016	orc	Distribution Taxed In Subsequent Year DistributionTaxedInSubsequentYear	0.14
CY2017	orc	Ordinary Income Distributions Amount OrdinaryIncomeDistributionsAmount	0.97
CY2017	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2016	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2015	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2017Q1	us-gaap	Interest Expense InterestExpense	6715000	USD
CY2017Q2	us-gaap	Interest Expense InterestExpense	8763000	USD
CY2017Q3	us-gaap	Interest Expense InterestExpense	12638000	USD
CY2017Q4	us-gaap	Interest Expense InterestExpense	13555000	USD
CY2017	us-gaap	Management Fee Expense ManagementFeeExpense	5855000	USD
CY2016	us-gaap	Management Fee Expense ManagementFeeExpense	4188000	USD
CY2015	us-gaap	Management Fee Expense ManagementFeeExpense	3978000	USD
CY2017	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	145962000	USD
CY2016	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	87127000	USD
CY2015	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	68811000	USD
CY2017	us-gaap	Repurchase Agreements Interest Expense Amount RepurchaseAgreementsInterestExpenseAmount	41671000	USD
CY2016	orc	Net Portfolio Income NetPortfolioIncome	11072000	USD
CY2015	orc	Net Portfolio Income NetPortfolioIncome	8965000	USD
CY2017	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	11166000	USD
CY2016	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	9093000	USD
CY2015	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	7894000	USD
CY2017	us-gaap	Profit Loss ProfitLoss	2007000	USD
CY2016	us-gaap	Profit Loss ProfitLoss	1979000	USD
CY2015	us-gaap	Profit Loss ProfitLoss	1071000	USD
CY2017	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.68
CY2016	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.68
CY2015	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.92

Files In Submission

Name	View Source	Status
0001275477-18-000034-index-headers.html	Edgar Link	pending
0001275477-18-000034-index.html	Edgar Link	pending
0001275477-18-000034.txt	Edgar Link	pending
0001275477-18-000034-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
image0.jpg	Edgar Link	pending
image1.jpg	Edgar Link	pending
orc-20171231.xml	Edgar Link	completed
orc-20171231.xsd	Edgar Link	pending
orc-20171231_cal.xml	Edgar Link	unprocessable
orc-20171231_def.xml	Edgar Link	unprocessable
orc-20171231_lab.xml	Edgar Link	unprocessable
orc-20171231_pre.xml	Edgar Link	unprocessable
orc10k2017.htm	Edgar Link	pending
orc10k2017x211.htm	Edgar Link	pending
orc10k2017x231.htm	Edgar Link	pending
orc10k2017x311.htm	Edgar Link	pending
orc10k2017x312.htm	Edgar Link	pending
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orc10k2017x322.htm	Edgar Link	pending
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$ORC
Orchid Island Capital, Inc. Stock $orc

2018 Q1 Form 10-K Financial Statement

#000127547718000034 Filed on February 15, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ORC Orchid Island Capital, Inc. Stock $orc

2018 Q1 Form 10-K Financial Statement

#000127547718000034 Filed on February 15, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ORC
Orchid Island Capital, Inc. Stock $orc