Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following tables provide a summary of our assets and liabilities that are measured at fair value on a recurring basis at March 31, 2021 and December 31, 2020.

March 31, 2021	(Level 1)		(Level 2)		(Level 3)		Balance
Assets at Fair Value:
Agency Securities	$	—	$	4,318,397	$	—	$	4,318,397
Derivatives	$	—	$	216,297	$	—	$	216,297
Liabilities at Fair Value:
Derivatives	$	—	$	45,015	$	—	$	45,015
December 31, 2020	(Level 1)		(Level 2)		(Level 3)		Balance
Assets at Fair Value:
Agency Securities	$	—	$	5,178,322	$	—	$	5,178,322
Derivatives	$	—	$	54,686	$	—	$	54,686
Liabilities at Fair Value:
Derivatives	$	—	$	1,217	$	—	$	1,217