Pledged Assets

6 Months Ended

Jun. 30, 2016

Pledged Assets [Abstract]

Pledged Assets [Text Block]

NOTE 6. PLEDGED ASSETS

Assets Pledged to Counterparties

The table below summarizes our assets pledged as collateral under our repurchase agreements and derivative agreements pledged related to securities sold but not yet settled, as of June 30, 2016 and December 31, 2015.

($ in thousands)
As of June 30, 2016
		Repurchase		Derivative
Assets Pledged to Counterparties		Agreements		Agreements		Total
PT MBS - at fair value	$	107,774	$	-	$	107,774
Structured MBS - at fair value		1,591		-		1,591
Accrued interest on pledged securities		367		-		367
Cash		-		563		563
Total	$	109,732	$	563	$	110,295

($ in thousands)
As of December 31, 2015
		Repurchase		Derivative
Assets Pledged to Counterparties		Agreements		Agreements		Total
PT MBS - at fair value	$	79,288	$	-	$	79,288
Structured MBS - at fair value		1,904		-		1,904
Accrued interest on pledged securities		272		-		272
Cash		-		402		402
Total	$	81,464	$	402	$	81,866

Assets Pledged from Counterparties

The table below summarizes our assets pledged to us from counterparties under our repurchase agreements as of June 30, 2016 and December 31, 2015. Cash received as margin is recognized in cash and cash equivalents with a corresponding amount recognized as an increase in repurchase agreements in the consolidated balance sheets.

($ in thousands)
Assets Pledged to Bimini		June 30, 2016		December 31, 2015
Cash	$	87	$	-
Total	$	87	$	-