CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Assets
Residential mortgage investments ($10.84 and $11.57 billion pledged at September 30, 2019 and December 31, 2018, respectively)	$ 11,235,803	$ 11,965,381
Cash collateral receivable from derivative counterparties	83,511	31,797
Derivatives at fair value	1,267
Cash and cash equivalents	68,204	60,289
Receivables and other assets	145,902	129,058
Total assets	11,534,687	12,186,525
Liabilities
Secured borrowings	10,292,924	10,979,362
Derivatives at fair value	35,515	17,834
Unsecured borrowings	98,367	98,292
Common stock dividend payable	11,702	7,132
Accounts payable and accrued expenses	24,423	24,842
Total liabilities	10,462,931	11,127,462
Stockholders’ equity
Preferred stock - $0.10 par value; 100,000 shares authorized: 7.50% Cumulative Redeemable Preferred Stock, Series E, 10,329 shares issued and outstanding ($258,226 aggregate liquidation preference) at September 30, 2019 and December 31, 2018	250,946	250,946
Common stock - $0.01 par value; 250,000 shares authorized: 94,606 and 85,277 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	946	853
Paid-in capital	1,251,807	1,174,880
Accumulated deficit	(457,662)	(346,570)
Accumulated other comprehensive income (loss)	25,719	(21,046)
Total stockholders' equity	1,071,756	1,059,063
Total liabilities and equity	$ 11,534,687	$ 12,186,525