Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets:
Mortgage-backed securities (including pledged of $2,645,293 and $2,640,884 respectively)	$ 3,294,510	$ 3,026,989
U.S. Treasuries (including pledged of $57,923 and $124,215, respectively)	0	146,530
Mortgage loans held for investment, net	12,342	15,738
Cash and cash equivalents	55,251	40,867
Restricted cash	58,334	46,333
Derivative assets	2,612	2,940
Accrued interest receivable	19,575	19,819
Other assets, net	5,555	6,562
Total assets	3,448,179	3,305,778
Liabilities:
Repurchase agreements	2,690,858	2,565,902
Payable for unsettled securities	182,922	156,899
Non-recourse collateralized financing	3,709	5,520
Derivative liabilities	2,039	269
Accrued interest payable	5,676	3,734
Accrued dividends payable	13,121	12,526
Other liabilities	3,101	3,870
Total liabilities	2,901,426	2,748,720
Shareholders’ Equity:
Preferred stock, par value $.01 per share; 50,000,000 shares authorized; 5,908,999 and 5,888,680 shares issued and outstanding, respectively ($147,725 and $147,217 aggregate liquidation preference, respectively)	142,574	141,294
Common stock, par value $.01 per share, 200,000,000 shares authorized; 56,906,200 and 55,831,549 shares issued and outstanding, respectively	590	558
Additional paid-in capital	795,630	775,873
Accumulated other comprehensive loss	(85,833)	(8,697)
Accumulated deficit	(306,208)	(351,970)
Total shareholders’ equity	546,753	557,058
Total liabilities and shareholders’ equity	$ 3,448,179	$ 3,305,778