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Securities, at Fair Value - Residential Mortgage Securities (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]    
Fair  Value [1] $ 746,090 $ 333,364
Agency MBS    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face 554,300 131,165
Purchase Premiums 1,824 860
Accretable Purchase Discounts (500) 0
Discount Designated as Credit Reserve 0 0
Gross Amortized Cost 555,624 132,025
Gross Unrealized Gains 4,355 0
Gross Unrealized Losses (835) (325)
Net Unrealized Gain/(Loss) 3,520 (325)
Fair  Value 559,144 131,700
Other Securities    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face 193,102 215,649
Purchase Premiums 19,686 18,344
Accretable Purchase Discounts (5,637) (6,272)
Discount Designated as Credit Reserve (40,514) (46,332)
Gross Amortized Cost 166,637 181,389
Gross Unrealized Gains 20,437 21,473
Gross Unrealized Losses (128) (1,198)
Net Unrealized Gain/(Loss) 20,309 20,275
Fair  Value 186,946 201,664
Residential Mortgage Securities    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face 747,402 346,814
Purchase Premiums 21,510 19,204
Accretable Purchase Discounts (6,137) (6,272)
Discount Designated as Credit Reserve (40,514) (46,332)
Gross Amortized Cost 722,261 313,414
Gross Unrealized Gains 24,792 21,473
Gross Unrealized Losses (963) (1,523)
Net Unrealized Gain/(Loss) 23,829 19,950
Fair  Value 746,090 333,364
CRT Securities    
Debt Securities, Available-for-sale [Line Items]    
Gross Unrealized Gains 2,300 131
Gross Unrealized Losses 0 (1,200)
Fair  Value 51,200 48,600
Non-Agency MBS    
Debt Securities, Available-for-sale [Line Items]    
Gross Unrealized Gains 474 0
Gross Unrealized Losses (128) 0
Fair  Value $ 23,800 $ 24,600
[1] See Note 6 for information regarding the Company’s pledged assets.