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PLEDGED ASSETS (Tables)
6 Months Ended
Jun. 30, 2022
Financial Instruments Pledged as Collateral [Abstract]  
Schedule of assets pledged as collateral under our repurchase agreements, prime brokerage clearing accounts, derivative agreements and insurance capital by type, including securities pledged related to securities sold but not yet settled
Assets Pledged
 
to Counterparties
The table
 
below summarizes
 
the Company’s
 
assets pledged
 
as collateral
 
under repurchase
 
agreements
 
and derivative
 
agreements
by type, including
 
securities
 
pledged
 
related to
 
securities
 
sold but
 
not yet settled,
 
as of June
 
30, 2022
 
and December
 
31, 2021.
(in thousands)
June 30, 2022
December 31, 2021
Repurchase
Derivative
Repurchase
Derivative
Assets Pledged to Counterparties
Agreements
Agreements
Total
Agreements
Agreements
Total
PT RMBS - fair value
$
3,752,295
$
-
$
3,752,295
$
6,294,102
$
-
$
6,294,102
Structured RMBS - fair value
173,870
-
173,870
212,270
-
212,270
U.S. Treasury Notes
-
36,302
36,302
-
29,740
29,740
Accrued interest on pledged securities
13,232
15
13,247
18,804
13
18,817
Restricted cash
51,130
13,266
64,396
57,264
8,035
65,299
Total
$
3,990,527
$
49,583
$
4,040,110
$
6,582,440
$
37,788
$
6,620,228
Schedule of assets pledged to us from counterparties under our repurchase agreements.
Assets Pledged
 
from Counterparties
The table
 
below summarizes
 
assets pledged
 
to the Company
 
from counterparties
 
under repurchase
 
agreements
 
and derivative
agreements
 
as of June
 
30, 2022
 
and December
 
31, 2021.
(in thousands)
June 30, 2022
December 31, 2021
Repurchase
Derivative
Repurchase
Derivative
Assets Pledged to Orchid
Agreements
Agreements
Total
Agreements
Agreements
Total
Cash
$
7,670
$
45,021
$
52,691
$
4,339
$
7,206
$
11,545
Total
$
7,670
$
45,021
$
52,691
$
$
4,339
$
7,206
$
11,545