CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Assets
Residential mortgage investments ($7.97 and $10.83 billion pledged at June 30, 2020 and December 31, 2019, respectively)	$ 8,327,900	$ 11,222,182
Cash collateral receivable from derivative counterparties	103,618	65,477
Derivatives at fair value		1,471
Cash and cash equivalents	121,991	105,397
Receivables and other assets	115,062	125,474
Total assets	8,668,571	11,520,001
Liabilities
Secured borrowings	7,575,294	10,275,413
Derivatives at fair value	49,575	29,156
Unsecured borrowings	98,443	98,392
Common stock dividend payable	15,041	14,605
Accounts payable and accrued expenses	17,329	28,702
Total liabilities	7,755,682	10,446,268
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 June 30, 2020 and December 31, 2019	250,946	250,946
Common stock - $0.01 par value; 250,000 shares authorized: 96,395 and 94,606 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	964	946
Paid-in capital	1,266,976	1,252,481
Accumulated deficit	(664,749)	(444,039)
Accumulated other comprehensive income	58,752	13,399
Total stockholders' equity	912,889	1,073,733
Total liabilities and equity	$ 8,668,571	$ 11,520,001