CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Interest income:
Residential mortgage investments	$ 77,693	$ 67,649	$ 246,600	$ 201,989
Other	1,065	350	2,087	1,063
Interest income	78,758	67,999	248,687	203,052
Interest expense:
Secured borrowings	(62,800)	(54,393)	(194,524)	(147,655)
Unsecured borrowings	(1,910)	(1,910)	(5,701)	(5,701)
Interest expense	(64,710)	(56,303)	(200,225)	(153,356)
Net interest income (expense)	14,048	11,696	48,462	49,696
Other (expense) income:
Loss on derivative instruments (net)	(9,221)		(105,720)
Loss on sale of investments (net)			(1,365)
Compensation-related expense	(566)	(1,913)	(6,147)	(5,521)
Other general and administrative expense	(1,123)	(1,184)	(3,389)	(3,320)
Miscellaneous other revenue	58	81	149	233
Operating expenses	(10,852)	(3,016)	(116,472)	(8,608)
Net income (loss)	3,196	8,680	(68,010)	41,088
Less preferred stock dividends	(4,842)	(4,842)	(14,526)	(14,526)
Net (loss) income to common stockholders	$ (1,646)	$ 3,838	$ (82,536)	$ 26,562
Net (loss) income per common share:
Basic and diluted	$ (0.02)	$ 0.04	$ (0.95)	$ 0.29
Weighted average common shares outstanding:
Basic (in shares)	90,945	91,206	86,946	92,202
Diluted (in shares)	90,945	91,346	86,946	92,317