2019 Q1 Form 10-K Financial Statement
#000127547719000023 Filed on February 22, 2019
Income Statement
| Concept | 2019 Q1 | 2018 Q3 | 2018 Q2 |
|---|---|---|---|
| Revenue | $32.43M | $39.05M | $38.59M |
| YoY Change | -18.79% | 0.21% | 11.6% |
| Cost Of Revenue | $20.18M | $20.38M | $18.19M |
| YoY Change | 19.69% | 43.82% | 79.04% |
| Gross Profit | $11.51M | -$1.470M | $2.670M |
| YoY Change | -176.84% | -108.88% | -132.64% |
| Gross Profit Margin | 35.49% | -3.76% | 6.92% |
| Selling, General & Admin | $2.196M | $2.971M | $2.931M |
| YoY Change | -29.32% | 2.48% | 2.41% |
| % of Gross Profit | 19.08% | 109.78% | |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | |||
| YoY Change | |||
| % of Gross Profit | |||
| Operating Expenses | $2.196M | $2.971M | $2.931M |
| YoY Change | -29.32% | 2.48% | 2.41% |
| Operating Profit | $9.314M | -$4.441M | -$261.0K |
| YoY Change | -151.5% | -132.53% | -97.64% |
| Interest Expense | |||
| YoY Change | |||
| % of Operating Profit | |||
| Other Income/Expense, Net | $588.0K | $1.097M | $964.0K |
| YoY Change | -42.01% | 14.39% | -10.24% |
| Pretax Income | $10.60M | -$2.960M | $1.350M |
| YoY Change | -164.71% | -119.5% | -114.0% |
| Income Tax | |||
| % Of Pretax Income | |||
| Net Earnings | $10.60M | -$2.959M | $1.346M |
| YoY Change | -164.71% | -119.49% | -113.96% |
| Net Earnings / Revenue | 32.67% | -7.58% | 3.49% |
| Basic Earnings Per Share | $0.22 | -$0.06 | $0.03 |
| Diluted Earnings Per Share | $0.22 | -$0.06 | $0.03 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 48.66M shares | 53.10M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2019 Q1 | 2018 Q3 | 2018 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $125.9M | $164.4M | $137.9M |
| YoY Change | -1.02% | 1.67% | -30.98% |
| Cash & Equivalents | $125.9M | $164.4M | $137.9M |
| Short-Term Investments | |||
| Other Short-Term Assets | |||
| YoY Change | |||
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $0.00 | ||
| Other Receivables | $12.60M | ||
| Total Short-Term Assets | $138.5M | $178.5M | $152.7M |
| YoY Change | -54.37% | 0.79% | -28.71% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | |||
| YoY Change | |||
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $3.089B | $3.514B | $3.690B |
| YoY Change | -17.55% | -10.59% | -1.29% |
| Other Assets | $6.800M | $25.80M | $23.10M |
| YoY Change | -76.22% | 115.0% | 255.38% |
| Total Long-Term Assets | $3.119B | $3.583B | $3.755B |
| YoY Change | -18.33% | -9.7% | -0.35% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $138.5M | $178.5M | $152.7M |
| Total Long-Term Assets | $3.119B | $3.583B | $3.755B |
| Total Assets | $3.258B | $3.761B | $3.908B |
| YoY Change | -20.98% | -9.25% | -1.88% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $500.0K | $600.0K | $700.0K |
| YoY Change | -37.5% | -25.0% | 0.0% |
| Accrued Expenses | $5.100M | $4.600M | $7.200M |
| YoY Change | -29.17% | -4.17% | 227.27% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $2.867B | $3.322B | $3.450B |
| YoY Change | -20.79% | -10.47% | 5.23% |
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $2.911B | $3.331B | $3.463B |
| YoY Change | -20.55% | -10.5% | -2.78% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $5.900M | $36.60M | $36.40M |
| YoY Change | -79.79% | 357.5% | 970.59% |
| Total Long-Term Liabilities | $5.900M | $36.60M | $36.40M |
| YoY Change | -79.79% | 357.5% | 970.59% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $2.911B | $3.331B | $3.463B |
| Total Long-Term Liabilities | $5.900M | $36.60M | $36.40M |
| Total Liabilities | $2.917B | $3.368B | $3.499B |
| YoY Change | -21.01% | -9.71% | -1.85% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$33.79M | -$17.99M | -$15.03M |
| YoY Change | 106.33% | ||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $340.4M | $393.3M | $409.2M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $3.258B | $3.761B | $3.908B |
| YoY Change | -20.98% | -9.25% | -1.88% |
Cashflow Statement
| Concept | 2019 Q1 | 2018 Q3 | 2018 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $10.60M | -$2.959M | $1.346M |
| YoY Change | -164.71% | -119.49% | -113.96% |
| Depreciation, Depletion And Amortization | |||
| YoY Change | |||
| Cash From Operating Activities | -$1.590M | $17.66M | $35.86M |
| YoY Change | -103.83% | -10.45% | 471.02% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | |||
| YoY Change | |||
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $182.9M | $150.2M | $160.5M |
| YoY Change | -195.92% | -131.92% | -172.23% |
| Cash From Investing Activities | $182.9M | $150.2M | $160.5M |
| YoY Change | -195.92% | -131.92% | -172.23% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | -$5.473M | ||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -164.6M | -141.6M | -191.4M |
| YoY Change | -347.97% | -134.32% | -159.27% |
| NET CHANGE | |||
| Cash From Operating Activities | -1.590M | 17.66M | 35.86M |
| Cash From Investing Activities | 182.9M | 150.2M | 160.5M |
| Cash From Financing Activities | -164.6M | -141.6M | -191.4M |
| Net Change In Cash | 16.67M | 26.30M | 5.010M |
| YoY Change | -120.15% | -168.53% | -95.32% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$1.590M | $17.66M | $35.86M |
| Capital Expenditures | |||
| Free Cash Flow | |||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2018 | orc |
Effect Of Weighting
EffectOfWeighting
|
3066000 | shares |
| CY2018 | dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2010-08-17 | |
| CY2017Q4 | orc |
Mortgage Backed Securities After Five Through Ten Years Fair Value
MortgageBackedSecuritiesAfterFiveThroughTenYearsFairValue
|
3281000 | USD |
| CY2018 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
492000 | USD |
| CY2018 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2018 | orc |
Proceeds From Net Tba Settlements
ProceedsFromNetTbaSettlements
|
7292000 | USD |
| CY2018Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
17981000 | USD |
| CY2017Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
6516000 | USD |
| CY2017Q4 | us-gaap |
Financial Instruments Owned And Not Pledged At Fair Value
FinancialInstrumentsOwnedAndNotPledgedAtFairValue
|
32250000 | USD |
| CY2017Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
17160000 | USD |
| CY2017Q4 | us-gaap |
Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
|
3744811000 | USD |
| CY2017Q4 | us-gaap |
Other Receivables From Broker Dealers And Clearing Organizations
OtherReceivablesFromBrokerDealersAndClearingOrganizations
|
0 | USD |
| CY2019Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
48662448 | shares |
| CY2018Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2018 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-143000 | USD |
| CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
| CY2017 | orc |
Payments For Securities Sold Under Agreements To Repurchase
PaymentsForSecuritiesSoldUnderAgreementsToRepurchase
|
53741665000 | USD |
| CY2018Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
2993000 | USD |
| CY2018Q4 | orc |
Gross Amount Of Recognized Liabilties
GrossAmountOfRecognizedLiabilties
|
3030999000 | USD |
| CY2018 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
4000 | USD |
| CY2017Q4 | orc |
Mortgage Backed Securities After One Through Five Years Fair Value
MortgageBackedSecuritiesAfterOneThroughFiveYearsFairValue
|
29000 | USD |
| CY2018Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
17523000 | USD |
| CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
3561132000 | USD |
| CY2018 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-44387000 | USD |
| CY2018Q4 | orc |
Mortgage Backed Securities After One Through Five Years Fair Value
MortgageBackedSecuritiesAfterOneThroughFiveYearsFairValue
|
0 | USD |
| CY2018 | us-gaap |
Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
|
0 | USD |
| CY2017Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2018Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
16885000 | USD |
| CY2017 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
3000 | USD |
| CY2018 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
380020000 | USD |
| CY2017 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
2932000 | USD |
| CY2017 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
67904000 | USD |
| CY2018Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
49132423 | shares |
| CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-44387000 | USD |
| CY2018 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-594469000 | USD |
| CY2018 | orc |
Payments For Securities Sold Under Agreements To Repurchase
PaymentsForSecuritiesSoldUnderAgreementsToRepurchase
|
52605026000 | USD |
| CY2018Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2017 | orc |
Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Trading
ProceedsFromSaleOfMortgageBackedSecuritiesMbsCategorizedAsTrading
|
5335583000 | USD |
| CY2017Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
14444000 | USD |
| CY2017Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2018Q4 | orc |
Mortgage Backed Securities After Ten Years Fair Value
MortgageBackedSecuritiesAfterTenYearsFairValue
|
3008807000 | USD |
| CY2018 | us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
-140957000 | USD |
| CY2018 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
293000 | USD |
| CY2018Q4 | us-gaap |
Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
|
3014503000 | USD |
| CY2018 | dei |
Entity Incorporation State Country Name
EntityIncorporationStateCountryName
|
MD | |
| CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
0 | USD |
| CY2018 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
| CY2018Q4 | orc |
Gross Amounts Of Cash Posted Not Offset In Balance Sheet
GrossAmountsOfCashPostedNotOffsetInBalanceSheet
|
-10776000 | USD |
| CY2018 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
55814000 | USD |
| CY2017 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
231000 | USD |
| CY2018 | us-gaap |
Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
-6805000 | USD |
| CY2017Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
797000 | USD |
| CY2017Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
461680000 | USD |
| CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2018Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
13241000 | USD |
| CY2017 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
4690000 | USD |
| CY2018Q4 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
491000 | USD |
| CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2017 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
3841000 | USD |
| CY2017 | us-gaap |
Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
-1138000 | USD |
| CY2018 | us-gaap |
Interest Paid Net
InterestPaidNet
|
70431000 | USD |
| CY2018 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
199000 | USD |
| CY2017 | orc |
Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Categorized As Trading
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesCategorizedAsTrading
|
365166000 | USD |
| CY2017Q4 | orc |
Net Amount Of Assets Presented In The Balance Sheet
NetAmountOfAssetsPresentedInTheBalanceSheet
|
17160000 | USD |
| CY2017Q4 | orc |
Gross Amounts Of Financial Instruments Received Not Offset In Balance Sheet
GrossAmountsOfFinancialInstrumentsReceivedNotOffsetInBalanceSheet
|
0 | USD |
| CY2017Q4 | orc |
Gross Amounts Of Cash Collateral Received Not Offset In Balance Sheet
GrossAmountsOfCashCollateralReceivedNotOffsetInBalanceSheet
|
-9460000 | USD |
| CY2017Q4 | orc |
Net Amount Of Assets
NetAmountOfAssets
|
7700000 | USD |
| CY2017Q4 | orc |
Gross Amount Of Recognized Liabilties
GrossAmountOfRecognizedLiabilties
|
3535824000 | USD |
| CY2017Q4 | orc |
Gross Amount Of Liabilties Offset In The Balance Sheet
GrossAmountOfLiabiltiesOffsetInTheBalanceSheet
|
0 | USD |
| CY2017Q4 | orc |
Gross Amount Of Financial Instruments Posted Not Offset In Balance Sheet
GrossAmountOfFinancialInstrumentsPostedNotOffsetInBalanceSheet
|
-3508490000 | USD |
| CY2017Q4 | orc |
Gross Amounts Of Cash Posted Not Offset In Balance Sheet
GrossAmountsOfCashPostedNotOffsetInBalanceSheet
|
-26804000 | USD |
| CY2017Q4 | orc |
Net Amount Of Liabilities
NetAmountOfLiabilities
|
530000 | USD |
| CY2017 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
6499153000 | USD |
| CY2017 | us-gaap |
Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
|
3000 | USD |
| CY2018Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
|
3214369000 | USD |
| CY2017Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
|
3726523000 | USD |
| CY2018Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0265 | pure |
| CY2017Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0154 | pure |
| CY2018Q4 | orc |
Net Amount Of Assets Presented In The Balance Sheet
NetAmountOfAssetsPresentedInTheBalanceSheet
|
16885000 | USD |
| CY2018Q4 | orc |
Gross Amounts Of Financial Instruments Received Not Offset In Balance Sheet
GrossAmountsOfFinancialInstrumentsReceivedNotOffsetInBalanceSheet
|
0 | USD |
| CY2018Q4 | orc |
Gross Amounts Of Cash Collateral Received Not Offset In Balance Sheet
GrossAmountsOfCashCollateralReceivedNotOffsetInBalanceSheet
|
-14431000 | USD |
| CY2018Q4 | orc |
Net Amount Of Assets
NetAmountOfAssets
|
2454000 | USD |
| CY2017Q4 | orc |
Gross Amount Of Assets Offset In The Balance Sheet
GrossAmountOfAssetsOffsetInTheBalanceSheet
|
0 | USD |
| CY2018Q4 | orc |
Gross Amount Of Assets Offset In The Balance Sheet
GrossAmountOfAssetsOffsetInTheBalanceSheet
|
0 | USD |
| CY2018 | orc |
Fair Value Assets Transfers Amount
FairValueAssetsTransfersAmount
|
0 | USD |
| CY2017 | orc |
Fair Value Assets Transfers Amount
FairValueAssetsTransfersAmount
|
0 | USD |
| CY2018 | orc |
Common Shares Outstanding Earnings Per Share
CommonSharesOutstandingEarningsPerShare
|
49132000 | shares |
| CY2017 | orc |
Common Shares Outstanding Earnings Per Share
CommonSharesOutstandingEarningsPerShare
|
53062000 | shares |
| CY2018 | orc |
Unvested Dividend Eligible Shares Outstanding Earnings Per Share
UnvestedDividendEligibleSharesOutstandingEarningsPerShare
|
0 | shares |
| CY2017 | orc |
Unvested Dividend Eligible Shares Outstanding Earnings Per Share
UnvestedDividendEligibleSharesOutstandingEarningsPerShare
|
42000 | shares |
| CY2018Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
49132423 | shares |
| CY2017Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
53061904 | shares |
| CY2018 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
154581000 | USD |
| CY2017 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
145962000 | USD |
| CY2018 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
70360000 | USD |
| CY2017 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
41671000 | USD |
| CY2018 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
84221000 | USD |
| CY2017 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
104291000 | USD |
| CY2018 | us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
-30289000 | USD |
| CY2017 | us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
-7788000 | USD |
| CY2018 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-110668000 | USD |
| CY2017 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-67981000 | USD |
| CY2018 | orc |
Net Portfolio Income
NetPortfolioIncome
|
-32425000 | USD |
| CY2017 | orc |
Net Portfolio Income
NetPortfolioIncome
|
13173000 | USD |
| CY2018 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
6204000 | USD |
| CY2017 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
5855000 | USD |
| CY2018 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
-26423000 | USD |
| CY2018 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
26423000 | USD |
| CY2017 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
| CY2016 | orc |
Direct Reit Operating Expenses
DirectReitOperatingExpenses
|
652000 | USD |
| CY2018 | 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, 2018</font><font style='font-family:Arial Narrow;font-size:11pt;' > and </font><font style='font-family:Arial Narrow;font-size:11pt;' >2017</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, 2018</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;' >1,720,804</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;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >1,493,565</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</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;' >3,214,369</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;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >1,611,185</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</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;' >1,413,867</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;' >3,025,052</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;' >2.72%</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;' >2.57%</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;' >2.65%</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: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;' >$</font></td><td style='width:55.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >1,871,833</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial Narrow;font-size:10pt;color:#000000;' >$</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></table></div> | |
| CY2016 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
806000 | USD |
| CY2016 | us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
1007000 | USD |
| CY2016 | us-gaap |
Professional Fees
ProfessionalFees
|
871000 | USD |
| CY2018 | us-gaap |
Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
|
24311000 | USD |
| CY2017 | us-gaap |
Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
|
-15349000 | USD |
| CY2017Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1979000 | USD |
| CY2018 | us-gaap |
Cost Of Goods And Services Sold Overhead
CostOfGoodsAndServicesSoldOverhead
|
1567000 | USD |
| CY2017 | us-gaap |
Cost Of Goods And Services Sold Overhead
CostOfGoodsAndServicesSoldOverhead
|
1576000 | USD |
| CY2018 | dei |
Document Type
DocumentType
|
10-K | |
| CY2018 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
| CY2018 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001518621 | |
| CY2018 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2018 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
| CY2018 | dei |
Entity Small Business
EntitySmallBusiness
|
false | |
| CY2018 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
| CY2018 | dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | |
| CY2018Q4 | us-gaap |
Other Receivables From Broker Dealers And Clearing Organizations
OtherReceivablesFromBrokerDealersAndClearingOrganizations
|
221746000 | USD |
| CY2016 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
87127000 | USD |
| CY2016 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
15604000 | USD |
| CY2016 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
71523000 | USD |
| CY2016 | us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
3071000 | USD |
| CY2016 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-54149000 | USD |
| CY2016 | orc |
Net Portfolio Income
NetPortfolioIncome
|
11072000 | USD |
| CY2016 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
4188000 | USD |
| CY2016 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
269000 | USD |
| CY2016 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
9093000 | USD |
| CY2016 | us-gaap |
Profit Loss
ProfitLoss
|
1979000 | USD |
| CY2016 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-80000 | USD |
| CY2016 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
963000 | USD |
| CY2016 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
2279000 | USD |
| CY2016 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
101000 | USD |
| CY2016 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
47046000 | USD |
| CY2016 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
3172001000 | USD |
| CY2016 | orc |
Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Trading
ProceedsFromSaleOfMortgageBackedSecuritiesMbsCategorizedAsTrading
|
2002813000 | USD |
| CY2016 | orc |
Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Categorized As Trading
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesCategorizedAsTrading
|
254607000 | USD |
| CY2016 | us-gaap |
Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
|
3750000 | USD |
| CY2016 | us-gaap |
Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
|
-9387000 | USD |
| CY2016 | us-gaap |
Cost Of Goods And Services Sold Overhead
CostOfGoodsAndServicesSoldOverhead
|
1300000 | USD |
| CY2016 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.08 | |
| CY2016 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
24099714 | shares |
| CY2017 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
-70717000 | USD |
| CY2017 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
197607000 | USD |
| CY2017 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
262000 | USD |
| CY2017 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
273000 | USD |
| CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
332779000 | 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 |
| CY2018 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.07 | |
| CY2017 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.68 | |
| CY2016 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.68 | |
| CY2016 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
605000 | USD |
| CY2016 | us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
-51078000 | USD |
| CY2016 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
7017000 | USD |
| CY2016 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
3022000 | USD |
| CY2016 | orc |
Proceeds From Net Tba Settlements
ProceedsFromNetTbaSettlements
|
-1401000 | USD |
| CY2016 | us-gaap |
Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
-704000 | USD |
| CY2016 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-911528000 | USD |
| CY2016 | orc |
Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
|
32375195000 | USD |
| CY2016 | orc |
Payments For Securities Sold Under Agreements To Repurchase
PaymentsForSecuritiesSoldUnderAgreementsToRepurchase
|
31380303000 | USD |
| CY2016 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
118328000 | USD |
| CY2016 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
36772000 | USD |
| CY2016 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
| CY2016 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
888948000 | USD |
| CY2016 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
24466000 | USD |
| CY2015Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
69959000 | USD |
| CY2016 | us-gaap |
Interest Paid Net
InterestPaidNet
|
14641000 | USD |
| CY2016Q4 | orc |
Securities Sold Settled In Later Period
SecuritiesSoldSettledInLaterPeriod
|
0 | USD |
| CY2018 | orc |
Principal Payments On Federal Home Loan Bank Advances
PrincipalPaymentsOnFederalHomeLoanBankAdvances
|
0 | USD |
| CY2017 | orc |
Principal Payments On Federal Home Loan Bank Advances
PrincipalPaymentsOnFederalHomeLoanBankAdvances
|
0 | USD |
| CY2016 | orc |
Principal Payments On Federal Home Loan Bank Advances
PrincipalPaymentsOnFederalHomeLoanBankAdvances
|
187500000 | USD |
| CY2015Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
69959000 | USD |
| CY2016 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1979000 | USD |
| CY2016 | orc |
Common Shares Outstanding Earnings Per Share
CommonSharesOutstandingEarningsPerShare
|
32963000 | shares |
| CY2016 | orc |
Unvested Dividend Eligible Shares Outstanding Earnings Per Share
UnvestedDividendEligibleSharesOutstandingEarningsPerShare
|
53000 | shares |
| CY2016 | orc |
Effect Of Weighting
EffectOfWeighting
|
-8916000 | shares |
| CY2018 | orc |
Distribution Taxed In Subsequent Year
DistributionTaxedInSubsequentYear
|
0.08 | |
| CY2018 | orc |
Distribution Taxed In Current Year
DistributionTaxedInCurrentYear
|
0.99 | |
| CY2018 | orc |
Distribution Exceeding Earnings Amount
DistributionExceedingEarningsAmount
|
0.4 | |
| CY2018 | orc |
Distribution Exceeding Earnings Percent
DistributionExceedingEarningsPercent
|
0.35 | pure |
| CY2018 | orc |
Ordinary Income Distributions Amount
OrdinaryIncomeDistributionsAmount
|
0.73 | |
| CY2018 | orc |
Ordinary Income Distributions Percent
OrdinaryIncomeDistributionsPercent
|
0.65 | pure |
| CY2018 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
| CY2018 | orc |
Real Estate Investment Trust Distribution Requirement
RealEstateInvestmentTrustDistributionRequirement
|
0.9 | pure |
| CY2018 | orc |
Real Estate Investment Trust Distibution Requirment Within Tax Year
RealEstateInvestmentTrustDistibutionRequirmentWithinTaxYear
|
0.85 | pure |
| CY2017 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
| CY2016 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
| CY2017 | orc |
Distribution Taxed In Subsequent Year
DistributionTaxedInSubsequentYear
|
0.14 | |
| CY2018Q1 | orc |
Interest Income
InterestIncome
|
39935000 | USD |
| CY2018Q2 | orc |
Interest Income
InterestIncome
|
38590000 | USD |
| CY2018Q3 | orc |
Interest Income
InterestIncome
|
39054000 | USD |
| CY2018Q4 | orc |
Interest Income
InterestIncome
|
37002000 | USD |
| CY2018Q1 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
15149000 | USD |
| CY2018Q2 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
16579000 | USD |
| CY2018Q3 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
18893000 | USD |
| CY2018Q4 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
19739000 | USD |
| CY2018Q1 | orc |
Net Interest Income
NetInterestIncome
|
24786000 | USD |
| CY2018Q3 | orc |
Net Interest Income
NetInterestIncome
|
20161000 | USD |
| CY2018Q4 | orc |
Net Interest Income
NetInterestIncome
|
17263000 | USD |
| CY2018Q1 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
-38055000 | USD |
| CY2018Q2 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
-17734000 | USD |
| CY2018Q3 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
-20150000 | USD |
| CY2018Q4 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
-40707000 | USD |
| CY2018Q1 | orc |
Portfolio Income
PortfolioIncome
|
-13269000 | USD |
| CY2018Q2 | orc |
Portfolio Income
PortfolioIncome
|
4277000 | USD |
| CY2018Q3 | orc |
Portfolio Income
PortfolioIncome
|
11000 | USD |
| CY2018Q1 | orc |
Management Fees
ManagementFees
|
2094000 | USD |
| CY2018Q2 | orc |
Management Fees
ManagementFees
|
1967000 | USD |
| CY2018Q3 | orc |
Management Fees
ManagementFees
|
1873000 | USD |
| CY2018Q4 | orc |
Management Fees
ManagementFees
|
1836000 | USD |
| CY2018Q1 | us-gaap |
Other Expenses
OtherExpenses
|
1014000 | USD |
| CY2018Q2 | us-gaap |
Other Expenses
OtherExpenses
|
964000 | USD |
| CY2018Q3 | us-gaap |
Other Expenses
OtherExpenses
|
1097000 | USD |
| CY2018Q4 | us-gaap |
Other Expenses
OtherExpenses
|
1117000 | USD |
| CY2018Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
3108000 | USD |
| CY2018Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
2931000 | USD |
| CY2018Q4 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
2953000 | USD |
| CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16377000 | USD |
| CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1346000 | USD |
| CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2959000 | USD |
| CY2018Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-26397000 | USD |
| CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.31 | |
| CY2018Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | |
| CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.06 | |
| CY2018Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.52 | |
| CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.31 | |
| CY2018Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | |
| CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.06 | |
| CY2018Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.52 | |
| CY2018Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.31 | |
| CY2018Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.27 | |
| CY2018Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
| CY2018Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
53066000 | shares |
| CY2018Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
52587000 | shares |
| CY2018Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
52035000 | shares |
| CY2018Q4 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
51188000 | 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 |
| 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 | |
| CY2017Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.07 | |
| CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.26 | |
| CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.33 | |
| CY2017Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.12 | |
| 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 | 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 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
6715000 | USD |
| CY2017Q2 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
8763000 | USD |
| CY2017Q3 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
12638000 | USD |
| CY2017Q4 | us-gaap |
Repurchase Agreements Interest Expense Amount
RepurchaseAgreementsInterestExpenseAmount
|
13555000 | USD |
| CY2017Q1 | orc |
Net Interest Income
NetInterestIncome
|
25596000 | USD |
| CY2017Q2 | orc |
Net Interest Income
NetInterestIncome
|
25816000 | USD |
| CY2017Q2 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
-32597000 | USD |
| CY2017Q3 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
-8254000 | USD |
| CY2017Q3 | orc |
Net Interest Income
NetInterestIncome
|
26336000 | USD |
| CY2017Q4 | orc |
Net Interest Income
NetInterestIncome
|
26543000 | USD |
| CY2017Q1 | orc |
Realized And Unrealized Gains
RealizedAndUnrealizedGains
|
-20727000 | 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 | 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 | 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 |
| CY2018 | orc |
Federal Home Loan Bank Dividends
FederalHomeLoanBankDividends
|
0 | USD |
| CY2017 | orc |
Federal Home Loan Bank Dividends
FederalHomeLoanBankDividends
|
0 | USD |
| CY2016 | orc |
Federal Home Loan Bank Dividends
FederalHomeLoanBankDividends
|
14000 | USD |
| CY2017Q2 | dei |
Entity Public Float
EntityPublicFloat
|
378490103 | USD |
| CY2018 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
| CY2016 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1979000 | USD |
| CY2018 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
| CY2018 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No |
