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Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock at Par
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) Income
Retained Earnings (Deficit)
Balance at beginning of period at Dec. 31, 2021 $ 491,390 $ 101 $ 252 $ 476,510 $ 3,000 $ 11,527
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Repurchase of common stock (3,003)     (3,003)    
Non-cash equity compensation 871     871    
Dividends declared - preferred (4)         (4)
Unrealized gain on RMBS and CMBS (12,987)       (12,987)  
Dividends paid on common stock (11,290)         (11,290)
Net income (loss) (43,541)         (43,541)
Balance at end of period at Mar. 31, 2022 421,436 $ 101 252 474,378 (9,987) (43,308)
Balance at beginning of period at Dec. 31, 2022 236,479   249 475,379 (21,127) (218,022)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Non-cash equity compensation 541     541    
Unrealized gain on RMBS and CMBS 14,804       14,804  
Dividends paid on common stock (7,976)         (7,976)
Net income (loss) 530         530
Balance at end of period at Mar. 31, 2023 $ 244,378   $ 249 $ 475,920 $ (6,323) $ (225,468)