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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Loans held-for-investment $ 3,927,095 $ 3,167,913
Available-for-sale securities, at fair value 12,830 12,606
Held-to-maturity securities 19,594 26,696
Cash and cash equivalents 137,355 91,700
Restricted cash 168,809 31,723
Accrued interest receivable 10,797 10,268
Deferred debt issuance costs 7,183 3,924
Prepaid expenses 1,313 1,055
Other assets 22,636 15,996
Total Assets [1] 4,307,612 3,361,881
Liabilities    
Repurchase agreements 1,724,912 1,500,543
Securitized debt obligations 1,124,820 654,263
Asset-specific financings 114,080 0
Revolving credit facilities 0 75,000
Convertible senior notes 269,241 268,138
Accrued interest payable 11,253 6,394
Unearned interest income 215 510
Dividends payable 23,063 18,346
Other liabilities 15,788 10,156
Total Liabilities [1] 3,283,372 2,533,350
10% cumulative redeemable preferred stock, par value $0.01 per share; 50,000,000 shares authorized and 1,000 and 1,000 shares issued and outstanding, respectively 1,000 1,000
Stockholders' Equity    
Common stock, par value $0.01 per share; 450,000,000 shares authorized and 54,853,205 and 43,621,174 shares issued and outstanding, respectively 549 436
Additional paid-in capital 1,047,200 836,288
Accumulated other comprehensive income (loss) 32 (192)
Cumulative earnings 144,400 91,875
Cumulative distributions to stockholders 168,941 100,876
Total Stockholders’ Equity 1,023,240 827,531
Total Liabilities and Stockholders’ Equity $ 4,307,612 $ 3,361,881
[1]
The condensed consolidated balance sheets include assets of consolidated variable interest entities, or VIEs, that can only be used to settle obligations of these VIEs, and liabilities of the consolidated VIEs for which creditors do not have recourse to Granite Point Mortgage Trust Inc. At September 30, 2019 and December 31, 2018, assets of the VIEs totaled $1,472,564 and $829,147, and liabilities of the VIEs totaled $1,125,992 and $654,952, respectively. See Note 3 - Variable Interest Entities for additional information.