CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Interest income:
Residential mortgage investments	$ 59,500	$ 58,645
Other	192	94
Interest income	59,692	58,739
Interest expense:
Secured borrowings	(26,582)	(19,214)
Unsecured borrowings	(1,977)	(2,123)
Interest expense	(28,559)	(21,337)
Net interest income (expense)	31,133	37,402
Other revenue (expense):
Salaries and benefits	(1,157)	(1,049)
Short-term incentive compensation	(1,422)	(692)
Long term incentive compensation	(645)	(608)
Other general and administrative expense	(1,169)	(1,149)
Miscellaneous other revenue	613	53
Operating expenses	(3,780)	(3,445)
Net income	27,353	33,957
Net income available to common stockholders:
Net income	27,353	33,957
Less preferred stock dividends	(3,826)	(3,742)
Net income available to common stockholders	$ 23,527	$ 30,215
Net income per common share:
Basic and diluted (in dollars per share)	$ 0.25	$ 0.32
Weighted average common shares outstanding:
Basic (in shares)	95,614	95,469
Diluted (in shares)	95,745	95,674
Cash dividends declared per share:
Common (in dollars per share)	$ 0.26	$ 0.31
Series E Preferred [Member]
Cash dividends declared per share:
Series E Preferred (in dollars per share)	$ 0.47	$ 0.47