CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Residential mortgage securities:
MBS and CRT securities	$ 6,509,333	$ 7,023,050
Residential whole loans, at carrying value ($1,645,372 and $448,689 pledged as collateral, respectively)	3,016,715	908,516
Residential whole loans, at fair value ($738,638 and $996,226 pledged as collateral, respectively)	1,665,978	1,325,115
Mortgage servicing rights (“MSR”) related assets ($611,807 and $482,158 pledged as collateral, respectively)	611,807	492,080
Cash and cash equivalents	51,965	449,757
Restricted cash	36,744	13,986
Other assets	527,785	742,230
Total Assets	12,420,327	10,954,734
Liabilities:
Repurchase agreements	7,879,087	6,614,701
Other liabilities	1,125,139	1,078,397
Total Liabilities	9,004,226	7,693,098
Commitments and contingencies (See Note 10)
Stockholders’ Equity:
Preferred stock, $.01 par value; 7.50% Series B cumulative redeemable; 8,050 shares authorized; 8,000 shares issued and outstanding ($200,000 aggregate liquidation preference)	80	80
Common stock, $.01 par value; 886,950 shares authorized; 449,787 and 397,831 shares issued and outstanding, respectively	4,498	3,978
Additional paid-in capital, in excess of par	3,623,275	3,227,304
Accumulated deficit	(632,040)	(578,950)
Accumulated other comprehensive income	420,288	609,224
Total Stockholders’ Equity	3,416,101	3,261,636
Total Liabilities and Stockholders’ Equity	12,420,327	10,954,734
Non-Agency MBS Transfered to Consolidated VIEs
Residential mortgage securities:
Residential whole loans, at carrying value ($1,645,372 and $448,689 pledged as collateral, respectively)	209,400	183,200
Residential whole loans, at fair value ($738,638 and $996,226 pledged as collateral, respectively)	694,700	289,300
Agency MBS
Residential mortgage securities:
MBS and CRT securities	2,698,213	2,824,681
Liabilities:
Repurchase agreements	2,384,357	2,501,340
Non-Agency MBS
Residential mortgage securities:
MBS and CRT securities	3,318,299	3,533,966
Liabilities:
Repurchase agreements	1,447,585	1,256,033
Non-Agency MBS | Non-Agency MBS
Residential mortgage securities:
MBS and CRT securities	3,318,299	3,533,966
CRT securities
Residential mortgage securities:
MBS and CRT securities	492,821	664,403
Liabilities:
Repurchase agreements	$ 391,586	$ 459,058