0000826675-20-000040.txt : 20200511 0000826675-20-000040.hdr.sgml : 20200511 20200511151146 ACCESSION NUMBER: 0000826675-20-000040 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 56 CONFORMED PERIOD OF REPORT: 20200331 FILED AS OF DATE: 20200511 DATE AS OF CHANGE: 20200511 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DYNEX CAPITAL INC CENTRAL INDEX KEY: 0000826675 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 521549373 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-09819 FILM NUMBER: 20864352 BUSINESS ADDRESS: STREET 1: 4991 LAKE BROOK DRIVE STREET 2: STE 100 CITY: GLEN ALLEN STATE: VA ZIP: 23060 BUSINESS PHONE: 8042175800 MAIL ADDRESS: STREET 1: 4991 LAKE BROOK DRIVE STREET 2: STE 100 CITY: GLEN ALLEN STATE: VA ZIP: 23060 FORMER COMPANY: FORMER CONFORMED NAME: RESOURCE MORTGAGE CAPITAL INC/VA DATE OF NAME CHANGE: 19930722 FORMER COMPANY: FORMER CONFORMED NAME: RESOURCE MORTGAGE INVESTMENT CORP DATE OF NAME CHANGE: 19930505 FORMER COMPANY: FORMER CONFORMED NAME: RAC MORTGAGE INVESTMENT CORP /VA/ DATE OF NAME CHANGE: 19930505 10-Q 1 dx-20200331.htm 10-Q dx-20200331
0000826675--12-312020Q1FALSE00008266752020-01-012020-03-310000826675us-gaap:CommonStockMember2020-01-012020-03-310000826675us-gaap:SeriesBPreferredStockMember2020-01-012020-03-310000826675us-gaap:SeriesCPreferredStockMember2020-01-012020-03-31xbrli:shares00008266752020-04-30iso4217:USDxbrli:sharesiso4217:USD00008266752020-03-3100008266752019-12-3100008266752019-01-012019-03-310000826675us-gaap:PreferredStockMember2019-12-310000826675us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember2019-12-310000826675us-gaap:CommonStockMember2019-12-310000826675us-gaap:AdditionalPaidInCapitalMember2019-12-310000826675us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-12-310000826675us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember2019-12-310000826675us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember2020-01-0100008266752020-01-010000826675us-gaap:PreferredStockMember2020-01-012020-03-310000826675us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember2020-01-012020-03-310000826675us-gaap:CommonStockMember2020-01-012020-03-310000826675us-gaap:AdditionalPaidInCapitalMember2020-01-012020-03-310000826675us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember2020-01-012020-03-310000826675us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-01-012020-03-310000826675us-gaap:PreferredStockMember2020-03-310000826675us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember2020-03-310000826675us-gaap:CommonStockMember2020-03-310000826675us-gaap:AdditionalPaidInCapitalMember2020-03-310000826675us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-03-310000826675us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember2020-03-310000826675us-gaap:PreferredStockMember2018-12-310000826675us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember2018-12-310000826675us-gaap:CommonStockMember2018-12-310000826675us-gaap:AdditionalPaidInCapitalMember2018-12-310000826675us-gaap:AccumulatedOtherComprehensiveIncomeMember2018-12-310000826675us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember2018-12-3100008266752018-12-310000826675us-gaap:PreferredStockMember2019-01-012019-03-310000826675us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember2019-01-012019-03-310000826675us-gaap:CommonStockMember2019-01-012019-03-310000826675us-gaap:AdditionalPaidInCapitalMember2019-01-012019-03-310000826675us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember2019-01-012019-03-310000826675us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-01-012019-03-310000826675us-gaap:PreferredStockMember2019-03-310000826675us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember2019-03-310000826675us-gaap:CommonStockMember2019-03-310000826675us-gaap:AdditionalPaidInCapitalMember2019-03-310000826675us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-03-310000826675us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember2019-03-3100008266752019-03-310000826675us-gaap:CommercialMortgageBackedSecuritiesMemberdx:AgencyMember2020-03-310000826675us-gaap:ResidentialMortgageBackedSecuritiesMemberdx:AgencyMember2020-03-310000826675us-gaap:InterestOnlyStripMember2020-03-310000826675us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-03-310000826675us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2020-03-310000826675us-gaap:CommercialMortgageBackedSecuritiesMemberdx:AgencyMember2019-12-310000826675us-gaap:ResidentialMortgageBackedSecuritiesMemberdx:AgencyMember2019-12-310000826675us-gaap:InterestOnlyStripMember2019-12-310000826675us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2019-12-310000826675us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2019-12-310000826675us-gaap:ResidentialMortgageBackedSecuritiesMemberdx:AgencyMember2020-01-012020-03-310000826675us-gaap:ResidentialMortgageBackedSecuritiesMemberdx:AgencyMember2019-01-012019-03-310000826675us-gaap:CommercialMortgageBackedSecuritiesMemberdx:AgencyMember2020-01-012020-03-310000826675us-gaap:CommercialMortgageBackedSecuritiesMemberdx:AgencyMember2019-01-012019-03-31xbrli:pure0000826675us-gaap:InterestOnlyStripMemberdx:AgencyMember2020-03-310000826675us-gaap:InterestOnlyStripMemberdx:AgencyMember2019-12-310000826675dx:NonAgencyMemberus-gaap:InterestOnlyStripMember2020-03-310000826675dx:NonAgencyMemberus-gaap:InterestOnlyStripMember2019-12-310000826675us-gaap:MaturityUpTo30DaysMember2020-03-310000826675us-gaap:MaturityUpTo30DaysMember2019-12-310000826675us-gaap:Maturity30To90DaysMember2020-03-310000826675us-gaap:Maturity30To90DaysMember2019-12-31dx:Agreements0000826675dx:JPMorganMember2020-03-310000826675us-gaap:InterestRateSwapMember2020-01-012020-03-310000826675us-gaap:InterestRateSwapMember2019-01-012019-03-310000826675us-gaap:InterestRateSwaptionMember2020-01-012020-03-310000826675us-gaap:InterestRateSwaptionMember2019-01-012019-03-310000826675us-gaap:FutureMember2020-01-012020-03-310000826675us-gaap:FutureMember2019-01-012019-03-310000826675us-gaap:ExchangeTradedOptionsMember2020-01-012020-03-310000826675us-gaap:ExchangeTradedOptionsMember2019-01-012019-03-310000826675us-gaap:ForwardContractsMemberus-gaap:LongMember2020-01-012020-03-310000826675us-gaap:ForwardContractsMemberus-gaap:LongMember2019-01-012019-03-310000826675us-gaap:ShortMemberus-gaap:ForwardContractsMember2020-01-012020-03-310000826675us-gaap:ShortMemberus-gaap:ForwardContractsMember2019-01-012019-03-310000826675us-gaap:ExchangeTradedOptionsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2020-03-310000826675us-gaap:ExchangeTradedOptionsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-12-310000826675us-gaap:InterestRateSwaptionMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2020-03-310000826675us-gaap:InterestRateSwaptionMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-12-310000826675us-gaap:ForwardContractsMemberus-gaap:NotDesignatedAsHedgingInstrumentTradingMemberus-gaap:LongMember2020-03-310000826675us-gaap:ForwardContractsMemberus-gaap:NotDesignatedAsHedgingInstrumentTradingMemberus-gaap:LongMember2019-12-310000826675us-gaap:FutureMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2020-03-310000826675us-gaap:FutureMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-12-310000826675us-gaap:ShortMemberus-gaap:ForwardContractsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2020-03-310000826675us-gaap:ShortMemberus-gaap:ForwardContractsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-12-310000826675us-gaap:InterestRateSwapMemberdx:MaturityinthreeyearsorlessMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2020-03-310000826675us-gaap:InterestRateSwapMemberdx:MaturityinthreeyearsorlessMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2020-01-012020-03-310000826675us-gaap:InterestRateSwapMemberdx:MaturityinthreeyearsorlessMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-12-310000826675us-gaap:InterestRateSwapMemberdx:MaturityinthreeyearsorlessMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-01-012019-12-310000826675us-gaap:InterestRateSwapMemberdx:Maturitybetween3and6yearsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-12-310000826675us-gaap:InterestRateSwapMemberdx:Maturitybetween3and6yearsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-01-012019-12-310000826675us-gaap:InterestRateSwapMemberdx:Maturitybetween6and10yearsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2020-03-310000826675us-gaap:InterestRateSwapMemberdx:Maturitybetween6and10yearsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2020-01-012020-03-310000826675us-gaap:InterestRateSwapMemberdx:Maturitybetween6and10yearsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-12-310000826675us-gaap:InterestRateSwapMemberdx:Maturitybetween6and10yearsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-01-012019-12-310000826675us-gaap:InterestRateSwapMemberdx:Maturitygreaterthan10yearsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-12-310000826675us-gaap:InterestRateSwapMemberdx:Maturitygreaterthan10yearsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-01-012019-12-310000826675us-gaap:InterestRateSwapMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2020-03-310000826675us-gaap:InterestRateSwapMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2020-01-012020-03-310000826675us-gaap:InterestRateSwapMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-12-310000826675us-gaap:InterestRateSwapMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2019-01-012019-12-310000826675us-gaap:InterestRateSwaptionMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2020-01-012020-03-310000826675us-gaap:FutureMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2020-01-012020-03-310000826675us-gaap:ExchangeTradedOptionsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2020-01-012020-03-310000826675us-gaap:ForwardContractsMemberus-gaap:NotDesignatedAsHedgingInstrumentTradingMemberus-gaap:LongMember2020-01-012020-03-310000826675us-gaap:ShortMemberus-gaap:ForwardContractsMemberus-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember2020-01-012020-03-310000826675us-gaap:ExchangeTradedOptionsMember2020-03-310000826675us-gaap:InterestRateSwaptionMember2019-12-310000826675us-gaap:ExchangeTradedOptionsMember2019-12-310000826675us-gaap:ForwardContractsMemberus-gaap:LongMember2019-12-310000826675us-gaap:FutureMember2020-03-310000826675us-gaap:ShortMemberus-gaap:ForwardContractsMember2020-03-310000826675us-gaap:ShortMemberus-gaap:ForwardContractsMember2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMember2020-03-310000826675us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMember2019-12-310000826675us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ExchangeTradedOptionsMember2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:ExchangeTradedOptionsMember2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:ExchangeTradedOptionsMember2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ExchangeTradedOptionsMemberus-gaap:FairValueInputsLevel3Member2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ExchangeTradedOptionsMember2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:ExchangeTradedOptionsMember2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:ExchangeTradedOptionsMember2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ExchangeTradedOptionsMemberus-gaap:FairValueInputsLevel3Member2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwaptionMember2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateSwaptionMember2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:InterestRateSwaptionMember2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwaptionMemberus-gaap:FairValueInputsLevel3Member2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwaptionMember2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateSwaptionMember2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:InterestRateSwaptionMember2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwaptionMemberus-gaap:FairValueInputsLevel3Member2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:LongMember2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:ForwardContractsMemberus-gaap:LongMember2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:LongMember2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:LongMemberus-gaap:FairValueInputsLevel3Member2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:LongMember2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:ForwardContractsMemberus-gaap:LongMember2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:LongMember2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:LongMemberus-gaap:FairValueInputsLevel3Member2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:ShortMember2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:ForwardContractsMemberus-gaap:ShortMember2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:ShortMember2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:ShortMemberus-gaap:FairValueInputsLevel3Member2020-03-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:ShortMember2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:ForwardContractsMemberus-gaap:ShortMember2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:ShortMember2019-12-310000826675us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:ShortMemberus-gaap:FairValueInputsLevel3Member2019-12-310000826675us-gaap:FutureMemberus-gaap:FairValueMeasurementsRecurringMember2020-03-310000826675us-gaap:FutureMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-03-310000826675us-gaap:FutureMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2020-03-310000826675us-gaap:FutureMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-03-310000826675us-gaap:FutureMemberus-gaap:FairValueMeasurementsRecurringMember2019-12-310000826675us-gaap:FutureMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2019-12-310000826675us-gaap:FutureMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2019-12-310000826675us-gaap:FutureMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2019-12-310000826675us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2019-12-310000826675us-gaap:LoansReceivableMember2019-12-310000826675us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-01-012020-03-310000826675us-gaap:LoansReceivableMember2020-01-012020-03-310000826675us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestIncomeMember2020-01-012020-03-310000826675us-gaap:LoansReceivableMemberus-gaap:InterestIncomeMember2020-01-012020-03-310000826675us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-03-310000826675us-gaap:LoansReceivableMember2020-03-310000826675us-gaap:SeriesCPreferredStockMember2020-03-310000826675us-gaap:SeriesAPreferredStockMember2020-03-140000826675us-gaap:SeriesAPreferredStockMember2020-03-142020-03-140000826675us-gaap:SeriesBPreferredStockMember2020-03-160000826675us-gaap:SeriesBPreferredStockMember2020-03-162020-03-160000826675us-gaap:SeriesBPreferredStockMember2020-03-3100008266752020-01-132020-01-1300008266752020-01-012020-01-310000826675us-gaap:CommonStockMember2020-01-242020-01-240000826675us-gaap:CommonStockMember2020-01-012020-01-3100008266752020-02-142020-02-1400008266752020-02-012020-02-290000826675us-gaap:CommonStockMember2020-02-242020-02-240000826675us-gaap:CommonStockMember2020-02-012020-02-2900008266752020-03-102020-03-1000008266752020-03-012020-03-310000826675us-gaap:CommonStockMember2020-03-232020-03-230000826675us-gaap:CommonStockMember2019-03-012019-03-310000826675us-gaap:RestrictedStockMember2019-12-310000826675us-gaap:RestrictedStockMember2018-12-310000826675us-gaap:RestrictedStockMember2020-01-012020-03-310000826675us-gaap:RestrictedStockMember2019-01-012019-03-310000826675us-gaap:RestrictedStockMember2020-03-310000826675us-gaap:RestrictedStockMember2019-03-310000826675us-gaap:SubsequentEventMemberus-gaap:CommercialMortgageBackedSecuritiesMember2020-05-11


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC  20549
FORM 10-Q
Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
For the quarterly period ended March 31, 2020
or
Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Commission File Number: 1-9819
DYNEX CAPITAL, INC.
(Exact name of registrant as specified in its charter)
Virginia52-1549373
(State or other jurisdiction of incorporation)(IRS Employer Identification No.)
4991 Lake Brook Drive, Suite 100
Glen Allen,Virginia23060-9245
(Address of principal executive offices)(Zip Code)
(804)217-5800 
(Registrant’s telephone number, including area code) 

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $.01 per shareDXNew York Stock Exchange
7.625% Series B Cumulative Redeemable Preferred Stock, par value $0.01 per shareDXPRBNew York Stock Exchange
6.90% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01 per shareDXPRCNew York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes                   No           

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
Yes                        No           

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and "emerging growth company" in Rule 12b-2 of the Exchange Act.
Large accelerated filerAccelerated filer
Non-accelerated filerSmaller reporting company
Emerging growth company



If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
Yes                      No            

On April 30, 2020, the registrant had 22,981,978 shares outstanding of common stock, $0.01 par value, which is the registrant’s only class of common stock.



DYNEX CAPITAL, INC.
FORM 10-Q
INDEX



Page
PART I. FINANCIAL INFORMATION
Item 1.Financial Statements
Consolidated Balance Sheets as of March 31, 2020 (unaudited) and December 31, 2019
Consolidated Statements of Comprehensive Income (Loss) for the three months ended
March 31, 2020 (unaudited) and March 31, 2019 (unaudited)
Consolidated Statements of Shareholders' Equity for the three months ended
March 31, 2020 and March 31, 2019 (unaudited)
Consolidated Statements of Cash Flows for the three months ended
March 31, 2020 (unaudited) and March 31, 2019 (unaudited)
Notes to the Unaudited Consolidated Financial Statements
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations
Item 3.Quantitative and Qualitative Disclosures About Market Risk
Item 4.Controls and Procedures
PART II. OTHER INFORMATION
Item 1.Legal Proceedings
Item 1A.Risk Factors
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds
Item 3.Defaults Upon Senior Securities
Item 4.Mine Safety Disclosures
Item 5.Other Information
Item 6.Exhibits
SIGNATURES



i


PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

DYNEX CAPITAL, INC.
CONSOLIDATED BALANCE SHEETS
(amounts in thousands except share data)
 March 31, 2020December 31, 2019
ASSETS(unaudited)
Cash and cash equivalents$51,411  $62,582  
Restricted cash59,204  71,648  
Receivable for securities sold, pledged to counterparties1,503,571    
Mortgage-backed securities (including pledged of $3,224,750 and $5,024,625 respectively), at fair value
3,719,706  5,188,163  
Mortgage loans held for investment, at fair value (1)
7,922  9,405  
Derivative assets3,031  4,290  
Accrued interest receivable23,104  26,209  
Other assets, net6,269  8,307  
Total assets$5,374,218  $5,370,604  
LIABILITIES AND SHAREHOLDERS’ EQUITY   
Liabilities:      
Repurchase agreements$4,408,106  $4,752,348  
Payable for unsettled securities382,371  6,180  
Non-recourse collateralized financing2,171  2,733  
Derivative liabilities13,640  974  
Accrued interest payable9,606  15,585  
Accrued dividends payable5,424  6,280  
Other liabilities2,293  3,516  
 Total liabilities$4,823,611  $4,787,616  
Shareholders’ equity:      
Preferred stock, par value $0.01 per share; 50,000,000 shares authorized; 7,248,330 and 6,788,330 shares issued and outstanding, respectively ($181,208 and $169,708 aggregate liquidation preference, respectively)
$174,709  $162,807  
Common stock, par value $0.01 per share, 90,000,000 shares authorized;
22,981,978 and 22,945,993 shares issued and outstanding, respectively
230  229  
Additional paid-in capital858,203  858,347  
Accumulated other comprehensive income246,778  173,806  
Accumulated deficit(729,313) (612,201) 
 Total shareholders’ equity550,607  582,988  
 Total liabilities and shareholders’ equity$5,374,218  $5,370,604  
See notes to the unaudited consolidated financial statements.
(1) The Company elected the fair value option for its mortgage loans held for investment as of January 1, 2020. Amount shown as of December 31, 2019 is the amortized cost, net of an allowance..
1


DYNEX CAPITAL, INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
(unaudited)
 (amounts in thousands except per share data)
Three Months Ended
March 31,
 20202019
Interest income$39,822  $39,957  
Interest expense22,101  26,276  
  Net interest income17,721  13,681  
Loss on derivative instruments, net(195,567) (61,697) 
Gain on sale of investments, net84,783    
Fair value adjustments, net(372) (13) 
Other operating expense, net(423) (231) 
General and administrative expenses:
Compensation and benefits(2,163) (1,898) 
Other general and administrative(2,458) (2,056) 
Net loss(98,479) (52,214) 
Preferred stock dividends(3,841) (3,059) 
Preferred stock redemption charge(3,914)   
Net loss to common shareholders$(106,234) $(55,273) 
Other comprehensive income:
Unrealized gain on available-for-sale investments, net$157,755  $86,632  
Reclassification adjustment for gain on sale of investments, net(84,783)   
Reclassification adjustment for de-designated cash flow hedges  (165) 
Total other comprehensive income72,972  86,467  
Comprehensive (loss) income to common shareholders$(33,262) $31,194  
Net loss per common share-basic and diluted$(4.63) $(2.42) 
Weighted average common shares-basic and diluted22,963  22,812  
See notes to the unaudited consolidated financial statements.
2


DYNEX CAPITAL, INC.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
(unaudited)
($ in thousands)
Preferred StockCommon StockAdditional
Paid-in
Capital
Accumulated
Other
Comprehensive
Income (Loss)
Accumulated
Deficit
Total Shareholders’ Equity
SharesAmountSharesAmount
Balance as of
December 31, 2019
6,788,330  $162,807  22,945,993  $229  $858,347  $173,806  $(612,201) $582,988  
Cumulative effect of change in accounting principle—  —  —  —  —  —  (548) (548) 
Stock issuance4,460,000  107,988        —  —  107,988  
Redemption of preferred stock(4,000,000) (96,086) —  —  —  —  (3,914) (100,000) 
Restricted stock granted, net of amortization—  —  67,511  1  306  —  —  307  
Repurchase of common stock—  —  (18,782)   (206) —  —  (206) 
Adjustments for tax withholding on share-based compensation—  —  (12,744)   (235) —  —  (235) 
Stock issuance costs—  —  —  —  (9) —  —  (9) 
Net loss—  —  —  —  —  —  (98,479) (98,479) 
Dividends on preferred stock—  —  —  —  —  —  (3,841) (3,841) 
Dividends on common stock—  —  —  —  —  —  (10,330) (10,330) 
Other comprehensive income—  —  —  —  —  72,972  —  72,972  
Balance as of
March 31, 2020
7,248,330  $174,709  22,981,978  $230  $858,203  $246,778  $(729,313) $550,607  
Balance as of December 31, 20185,954,594  $142,883  20,939,073  $209  $818,861  $(35,779) $(399,021) $527,153  
Stock issuance
213,468  5,015  3,109,047  31  53,841  —  —  58,887  
Restricted stock granted, net of amortization
—  —  50,821  1  297  —  —  298  
Adjustments for tax withholding on share-based compensation
—  —  (16,231)   (296) —  —  (296) 
Stock issuance costs
—  —  —  —  (212) —  —  (212) 
Net loss
—  —  —  —  —  —  (52,214) (52,214) 
Dividends on preferred stock
—  —  —  —  —  —  (3,059) (3,059) 
Dividends on common stock
—  —  —  —  —  —  (12,350) (12,350) 
Other comprehensive income
—  —  —  —  —  86,467  —  86,467  
Balance as of
March 31, 2019
6,168,062  $147,898  24,082,710  $241  $872,491  $50,688  $(466,644) $604,674  
See notes to the unaudited consolidated financial statements.
3


DYNEX CAPITAL, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(unaudited)
($ in thousands)
Three Months Ended
 March 31,
 20202019
Operating activities:  
Net loss$(98,479) $(52,214) 
Adjustments to reconcile net loss to cash provided by operating activities: 
Decrease (increase) in accrued interest receivable3,105  (5,056) 
(Decrease) increase in accrued interest payable(5,979) 2,631  
Loss on derivative instruments, net195,567  61,697  
Gain on sale of investments, net(84,783)   
Fair value adjustments, net372  13  
Amortization of investment premiums, net33,118  31,083  
Other amortization and depreciation, net499  222  
Stock-based compensation expense307  298  
Change in other assets and liabilities, net254  1,625  
Net cash and cash equivalents provided by operating activities43,981  40,299  
Investing activities:  
Purchase of investments(155,594) (1,019,100) 
Principal payments received on investments140,032  73,817  
Proceeds from sales of investments487,464    
Principal payments received on mortgage loans held for investment615  646  
Net payments on derivatives, including terminations (187,822) (62,382) 
Other investing activities  (102) 
Net cash and cash equivalents provided by (used in) investing activities284,695  (1,007,121) 
Financing activities:  
Borrowings under repurchase agreements16,555,552  32,608,826  
Repayments of repurchase agreement borrowings(16,899,794) (31,623,917) 
Principal payments on non-recourse collateralized financing(569) (242) 
Proceeds from issuance of preferred stock107,988  5,015  
Proceeds from issuance of common stock  53,872  
Cash paid for redemption of preferred stock(100,000)   
Cash paid for stock issuance costs  (185) 
Cash paid for common stock repurchases(206)   
Payments related to tax withholding for stock-based compensation(235) (296) 
Dividends paid(15,027) (22,292) 
Net cash and cash equivalents (used in) provided by financing activities(352,291) 1,020,781  
Net (decrease) increase in cash, cash equivalents, and restricted cash(23,615) 53,959  
Cash, cash equivalents, and restricted cash at beginning of period134,230  88,704  
Cash, cash equivalents, and restricted cash at end of period$110,615  $142,663  
Supplemental Disclosure of Cash Activity:  
Cash paid for interest$28,074  $23,807  
See notes to the unaudited consolidated financial statements.
4


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

NOTE 1 – ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization

Dynex Capital, Inc. (“Company”) was incorporated in the Commonwealth of Virginia on December 18, 1987 and commenced operations in February 1988. The Company is an internally managed mortgage real estate investment trust, or mortgage REIT, which primarily earns income from investing on a leveraged basis in debt securities, the majority of which are specified pools of Agency mortgage-backed securities (“MBS”) consisting of commercial MBS (“CMBS”), residential MBS (“RMBS”), and CMBS interest-only (“IO”) securities and non-Agency MBS, which consist mainly of CMBS IO. Agency MBS have a guaranty of principal payment by a U.S. government-sponsored entity (“GSE”) such as Fannie Mae and Freddie Mac which are in conservatorship and are currently supported by a senior preferred stock purchase agreement from U.S. Treasury. Non-Agency MBS are issued by non-governmental enterprises and do not have a guaranty of principal payment. The Company also invests in other types of mortgage-related securities, such as to-be-announced securities (“TBAs” or “TBA securities”).

Impact of COVID-19

As a result of the economic, health and market turmoil brought about by the corononavirus (“COVID-19”) pandemic, fixed income and equity markets experienced severe disruption during mid-March of 2020, including securities in which we invest, which caused asset prices to fall and margin calls from derivative and repurchase agreement counterparties to increase. The Agency MBS market largely stabilized after the Federal Reserve announced that it would purchase Agency RMBS and CMBS as well as U.S. Treasuries in the amounts needed to support smooth market functioning. In addition, the U.S. Congress passed the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act to provide economic relief to individuals, businesses, state and local governments, and the health care system. The CARES Act includes mortgage loan forbearance and modification programs to qualifying borrowers who may have difficulty making their loan payments and individual states have adopted similar policies addressing loan payments, rent payments, foreclosures and evictions. The Company is not able to predict the impact these policies may have on its investments at this time. The impact of forbearance on the Company’s MBS could range from immaterial to significant depending on actual losses incurred on underlying loans as well as future public policy choices, and actions by the GSEs, their regulator the Federal Housing Finance Authority ("FHFA"), the Federal Reserve, and federal and state governments. There can be no assurance as to how these and other actions by the U.S. government will affect the efficiency, liquidity and stability of the financial and mortgage markets. To the extent the financial or mortgage markets do not respond favorably to any of these actions, or such actions do not function as intended, our business, results of operations and financial condition may be materially adversely affected.

As interest rates rallied given uncertainty around the impact of COVID-19, the Company sold a significant portion of its Agency RMBS portfolio in early March prior to asset prices falling, realizing significant gains upon sale. The Company also terminated the majority of its interest rate swaps given the reduction in the size of its portfolio and the lower interest rate environment. In addition, as explained in Note 7, the Company has subsequently sold a significant portion of its Agency CMBS since March 31, 2020. At this time, the Company is uncertain as to the amount and timing of reinvestment of these proceeds and for the very near-term is focused on book value and capital preservation. Details on management’s actions taken in response to the market disruption caused by COVID-19 are described within certain of these Notes to the Unaudited Consolidated Financial Statements.

Basis of Presentation

The accompanying unaudited consolidated financial statements of the Company and its subsidiaries (together, “Dynex” or, as appropriate, the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to the Quarterly Report on Form 10-Q and Article 10, Rule 10-01 of Regulation S-X promulgated by the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all significant adjustments, consisting of normal recurring accruals, considered necessary for a fair presentation of the consolidated financial statements have been included; however, uncertainty over the continuing impact that COVID-19 will have on the global economy and on the Company’s business makes any estimates and assumptions as of March 31, 2020 inherently less certain than they would be absent the current and potential impacts of
5


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

COVID-19. Operating results for the three months ended March 31, 2020 are not necessarily indicative of the results that may be expected for any other interim periods or for the entire year ending December 31, 2020. The unaudited consolidated financial statements included herein should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 (the “2019 Form 10-K”) filed with the SEC.

All references to common shares, per common share amounts, and restricted stock have been adjusted to reflect the
effect of the Company’s 1-for-3 reverse stock split effected on June 20, 2019 for all periods presented.

Consolidation and Variable Interest Entities
 
The consolidated financial statements include the accounts of the Company and the accounts of its majority owned subsidiaries and variable interest entities (“VIE”) for which it is the primary beneficiary. All intercompany accounts and transactions have been eliminated in consolidation.

The Company consolidates a VIE if the Company is determined to be the VIE’s primary beneficiary, which is defined as the party that has both: (i) the power to control the activities that most significantly impact the VIE’s financial performance and (ii) the right to receive benefits or absorb losses that could potentially be significant to the VIE. The Company reconsiders its evaluation of whether to consolidate a VIE on an ongoing basis, based on changes in the facts and circumstances pertaining to the VIE.

The Company consolidates a securitization trust, which has residential mortgage loans included in “mortgage loans held for investment” on its consolidated balance sheet, of which a portion is pledged as collateral for one remaining bond recorded as “non-recourse collateralized financing” on its consolidated balance sheet. The Company owns the subordinate class in the trust and has been deemed the primary beneficiary.

Though the Company invests in Agency and non-Agency MBS which are generally considered to be interests in VIEs, the Company does not consolidate these entities because it does not meet the criteria necessary to be deemed a primary beneficiary.

Use of Estimates
 
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported amounts of revenue and expenses during the reported period. Actual results could differ from those estimates. The most significant estimates used by management include, but are not limited to, amortization of premiums and discounts and fair value measurements of its investments. These items are discussed further below within this note to the consolidated financial statements.

Income Taxes

The Company has elected to be taxed as a real estate investment trust (“REIT”) under the Internal Revenue Code of 1986 and the corresponding provisions of state law. To qualify as a REIT, the Company must meet certain tests including investing in primarily real estate-related assets and the required distribution of at least 90% of its annual REIT taxable income to shareholders after consideration of its net operating loss (“NOL”) carryforward and not including taxable income retained in its taxable subsidiaries. As a REIT, the Company generally will not be subject to federal income tax on the amount of its income or capital gains that is distributed as dividends to shareholders.

The Company assesses its tax positions for all open tax years and determines whether the Company has any material unrecognized liabilities and records these liabilities, if any, to the extent they are deemed more likely than not to have been incurred.

6


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

Net Income (Loss) Per Common Share

The Company calculates basic net income per common share by dividing net income to common shareholders for the period by weighted-average shares of common stock outstanding for that period. The Company did not have any potentially dilutive securities outstanding during the three months ended March 31, 2020 or March 31, 2019.

Holders of unvested shares of the Company’s issued and outstanding restricted common stock are eligible to receive non-forfeitable dividends. As such, these unvested shares are considered participating securities and therefore are included in the computation of basic net income per common share using the two-class method. Upon vesting, restrictions on transfer expire on each share of restricted stock, and each such share of restricted stock represents one unrestricted share of common stock.

Because the Company’s 7.625% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) and its 6.9000% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) (collectively, the “Preferred Stock”) are redeemable at the Company’s option for cash only and may convert into shares of common stock only upon a change of control of the Company (and subject to other circumstances) as described in Article IIIB and Article IIIC of the Company’s Articles of Amendment to the Restated Articles of Incorporation (the “Restated Articles of Incorporation, as amended”), the effect of those shares and their related dividends is excluded from the calculation of diluted net income per common share.

The Company’s weighted average common shares outstanding and net loss per common share amounts presented on its consolidated statement of comprehensive income for the three months ended March 31, 2019 have been restated to reflect the effect of the 1-for-3 reverse stock split effected by the Company in June of 2019.

Cash and Cash Equivalents

Cash and cash equivalents include highly liquid investments with original maturities of three months or less as well as unrestricted demand deposits at highly rated financial institutions. The Company’s cash balances fluctuate throughout the year and may exceed Federal Deposit Insurance Company insured limits from time to time. Although the Company bears risk to amounts in excess of those insured by the FDIC, it does not anticipate any losses as a result.

Restricted Cash

Restricted cash consists of cash the Company has pledged to cover initial and variation margin with its financing and certain derivative counterparties.

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on the Company's consolidated balance sheet as of March 31, 2020 that sum to the total of the same such amounts shown on the Company’s consolidated statement of cash flows for the three months ended March 31, 2020:
March 31, 2020
Cash and cash equivalents$51,411  
Restricted cash59,204  
Total cash, cash equivalents, and restricted cash shown on consolidated statement of cash flows$110,615  

7


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

Mortgage-Backed Securities
 
The Company’s MBS are designated as available-for-sale (“AFS”) and are recorded at fair value on the Company’s consolidated balance sheet. Changes in unrealized gain (loss) on the Company’s MBS are reported in other comprehensive income (“OCI”) until the investment is sold or matures. Although the Company generally intends to hold its AFS securities until maturity, it may sell any of these securities as part of the overall management of its business. Upon the sale of an AFS security, any unrealized gain or loss is reclassified out of accumulated other comprehensive income (“AOCI”) into net income as a realized “gain (loss) on sale of investments, net” using the specific identification method.

The fair value of the Company’s MBS pledged as collateral against repurchase agreements is disclosed parenthetically on the Company’s consolidated balance sheets.

Interest Income, Premium Amortization, and Discount Accretion. Interest income on MBS is accrued based on the outstanding principal balance (or notional balance in the case of interest-only, or “IO” securities) and their contractual terms. Premiums or discounts associated with the purchase of Agency MBS as well as any non-Agency MBS rated ‘AA’ and higher are amortized or accreted into interest income over the projected life of such securities using the effective yield method, and adjustments to premium amortization and discount accretion are made for actual cash payments. The Company’s projections of future cash payments are based on input and analysis received from external sources and internal models and include assumptions about the amount and timing of loan prepayment rates, fluctuations in interest rates, credit losses, and other factors. On at least a quarterly basis, the Company reviews and makes any necessary adjustments to its cash flow projections and updates the yield recognized on these assets.

The Company does not currently hold any non-Agency MBS that were purchased at a discount with credit ratings of less than ‘AA’ or not rated by any of the nationally recognized credit rating agencies at the time of purchase.

Determination of MBS Fair Value. The Company estimates the fair value of the majority of its MBS based upon prices obtained from third-party pricing services and broker quotes. The remainder of the Company’s MBS are valued by discounting the estimated future cash flows derived from cash flow models that utilize information such as the security’s coupon rate, estimated prepayment speeds, expected weighted average life, collateral composition, estimated future interest rates, expected losses, and credit enhancements as well as certain other relevant information. Please refer to Note 5 for further discussion of MBS fair value measurements.

Allowance for Credit Losses. The Company recently adopted Accounting Standards Codification Topic 326, Financial Instruments - Credit Losses. On at least a quarterly basis, the Company evaluates any MBS with a fair value less than its amortized cost for credit losses. If the difference between the present value of cash flows expected to be collected on the MBS is less than its amortized cost, the difference is recorded as an allowance for credit loss through net income up to and not exceeding the amount that the amortized cost exceeds current fair value. Subsequent changes in credit loss estimates are recognized in earnings in the period in which they occur. Because the majority of the Company’s investments are higher credit quality and most are guaranteed by a GSE, the Company is not likely to have an allowance for credit losses recorded on its consolidated balance sheet.

8


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

Repurchase Agreements
 
The Company’s repurchase agreements, which are used to finance its purchases of MBS, are accounted for as secured borrowings under which the Company pledges its securities as collateral to secure a loan, which is equal in value to a specified percentage of the estimated fair value of the pledged collateral. The Company retains beneficial ownership of the pledged collateral. At the maturity of a repurchase agreement, the Company is required to repay the loan and concurrently receives back its pledged collateral from the lender or, with the consent of the lender, the Company may renew the agreement at the then prevailing financing rate. A repurchase agreement lender may require the Company to pledge additional collateral in the event of a decline in the fair value of the collateral pledged. Repurchase agreement financing is recourse to the Company and the assets pledged. Most of the Company’s repurchase agreements are based on the September 1996 version of the Bond Market Association Master Repurchase Agreement, which generally provides that the lender, as buyer, is responsible for obtaining collateral valuations from a generally recognized source agreed to by both the Company and the lender, or, in an instance when such source is not available, the value determination is made by the lender.

Derivative Instruments

The Company’s derivative instruments include interest rate swaps, futures, options, and forward contracts for the purchase or sale of Agency RMBS on a non-specified pool basis, commonly referred to as to-be-announced (“TBA”) securities. Derivative instruments are reported at their fair value on the Company’s consolidated balance sheet as derivative assets if in a gain position or as derivative liabilities if in a loss position, at the end of the period reported. All periodic interest benefits/costs and changes in fair value of derivative instruments, including gains and losses realized upon termination, maturity, or settlement are recorded in “gain (loss) on derivative instruments, net” on the Company’s consolidated statement of comprehensive income (loss). Cash receipts and payments related to derivative instruments are classified in the investing activities section of the consolidated statements of cash flows in accordance with the underlying nature or purpose of the derivative transactions.

Generally, the Company enters into pay-fixed interest rate swaps, which involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the interest rate swap without exchange of the underlying notional amount. From time to time the Company may also enter into receive-fixed interest rate swaps that involve the receipt of fixed-rate amounts from a counterparty in exchange for the Company making variable-rate payments over the life of the interest rate swap without exchange of the underlying notional amount. The Company’s interest rate swap agreements are centrally cleared through the Chicago Mercantile Exchange (“CME”). The Company’s CME cleared swaps require that the Company post initial margin as collateral, and in addition, variation margin is exchanged, typically in cash, for changes in the fair value of the CME cleared swaps. The exchange of variation margin for CME cleared swaps is legally considered to be the settlement of the derivative itself as opposed to a pledge of collateral. Accordingly, the Company accounts for the daily exchange of variation margin associated with its CME cleared interest rate swaps as a direct increase or decrease to the carrying value of the related derivative asset or liability.

The Company may also enter into long and short positions in U.S. Treasury futures contracts. U.S. Treasury futures are valued based on exchange pricing with daily margin settlements. The Company realizes gains or losses on these contracts upon expiration at an amount equal to the difference between the current fair value of the underlying asset and the contractual price of the futures contract. Unlike interest rate swaps, the Company does not treat the daily margin exchanges for its U.S. Treasury futures as legal settlement of the instrument.

The Company currently holds put options on U.S. Treasury futures which provide the Company the right, but not an obligation, to buy U.S. Treasury futures at a predetermined notional amount and stated term in the future. Put options on U.S. Treasury futures are valued based on exchange pricing without daily exchanges of margin amounts. The Company records the premium paid for the option contract as a derivative asset on its consolidated balance sheet and adjusts the balance for changes in fair value through “gain (loss) on derivative instruments” until the option is exercised or the contract expires. The Company may also purchase options for interest rate swaps (“interest rate swaptions”) which are accounted for similarly.

A TBA security is a forward contract (“TBA contract”) for the purchase (“long position”) or sale (“short position”) of a non-specified Agency MBS at a predetermined price with certain principal and interest terms and certain types of collateral, but the particular Agency securities to be delivered are not identified until shortly before the settlement date. The
9


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

Company accounts for long and short positions in TBAs as derivative instruments because the Company cannot assert that it is probable at inception and throughout the term of an individual TBA transaction that its settlement will result in physical delivery of the underlying Agency RMBS or that the individual TBA transaction will not settle in the shortest time period possible.

Please refer to Note 4 for additional information regarding the Company’s derivative instruments as well as Note 5 for information on how the fair value of these instruments are calculated.

Share-Based Compensation

Pursuant to the Company’s 2018 Stock and Incentive Plan (“2018 Plan”), the Company may grant share-based compensation to eligible employees, non-employee directors or consultants or advisors to the Company, including restricted stock awards, stock options, stock appreciation rights, performance units, restricted stock units, and performance cash awards. The Company’s restricted stock currently issued and outstanding may be settled only in shares of its common stock, and therefore are treated as equity awards with their fair value measured at the grant date and recognized as compensation cost over the requisite service period with a corresponding credit to shareholders’ equity. The requisite service period is the period during which a participant is required to provide service in exchange for an award, which is equivalent to the vesting period specified in the terms of the time-based restricted stock award. None of the Company’s restricted stock awards have performance-based conditions. The Company does not currently have any share-based compensation issued or outstanding other than restricted stock issued to its employees, officers, and directors.

Contingencies

In the normal course of business, there may be various lawsuits, claims, and other contingencies pending against the Company. On a quarterly basis, the Company evaluates whether to establish provisions for estimated losses from those matters. The Company recognizes a liability for a contingent loss when: (a) the underlying causal event has occurred prior to the balance sheet date; (b) it is probable that a loss has been incurred; and (c) there is a reasonable basis for estimating that loss. A liability is not recognized for a contingent loss when it is only possible or remotely possible that a loss has been incurred, however, possible contingent losses shall be disclosed. If the contingent loss (or an additional loss in excess of any accrual) is at least a reasonable possibility and material, then the Company discloses a reasonable estimate of the possible loss or range of loss, if such reasonable estimate can be made. If the Company cannot make a reasonable estimate of the possible material loss, or range of loss, then that fact is disclosed.

As previously disclosed in the 2019 Form 10-K, the receiver (the “Receiver”) for one of the plaintiffs awarded damages in a judgment (the "DCI Judgment") against Dynex Commercial, Inc. ("DCI"), a subsidiary of a former affiliate of the Company, filed a separate claim in May 2018 against the Company seeking payment of the damages awarded in connection with the DCI Judgment, alleging that the Company breached a litigation cost sharing agreement, as amended (the "Agreement", that was initially entered into by the Company and DCI in December 2000. On November 21, 2019, the U.S. District Court, Northern District of Texas ("Northern District Court") granted in part and denied in part summary judgment on the Receiver’s claim and the Company’s claim for offset and recoupment. The Northern District Court found that the Company breached the Agreement and therefore must pay damages to the Receiver. The Northern District Court simultaneously granted the Company’s motion for summary judgment finding that DCI also breached the Agreement and that the Company can recover amounts due to it from DCI under the Agreement. The Receiver subsequently filed a claim for damages with the Northern District Court of approximately $12,600, while the Company filed claims for damages ranging from $13,300 to $30,600, including interest. The Receiver filed objections (the "Objections") with the Northern District Court to, among other things, the Company recovering amounts incurred prior to entry into the Agreement and amounts incurred under the Agreement after January 31, 2006, including interest, which is the date that DCI’s corporate existence ceased under Virginia law. The Company has disputed, among other things, that the Receiver's Objections as not supportable under Virginia law and has further refined its damages claim to range from $13,300 based on simple interest to $17,800 based on a combination of simple and compound interest, which the Company believes is supportable under Virginia law. On March 5, 2020, the Company filed its response to the DCI Plaintiffs opening brief filed on February 4, 2020 in the Court of Appeals for the Fifth Circuit. There have been no other material developments in this matter during the three months ended March 31, 2020. After consultation with litigation counsel, the Company believes, based upon information currently available and its evaluation of Virginia law, that the likelihood of loss is not probable, and given the range of potential claims for damages by the Company to offset the Receiver's claims, the amount of possible loss cannot be reasonably estimated, and therefore, no
10


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

contingent liability has been recorded.

Recently Issued and Adopted Accounting Pronouncements

The Company reviews all Accounting Standards Updates (“ASU”) issued by the Financial Accounting Standards Board (“FASB”) on at least a quarterly basis to evaluate applicability and significance of any impact on its financial condition and results of operations. There were no accounting pronouncements issued during the three months ended March 31, 2020 that are expected to have a material impact on the Company’s financial condition or results of operations.

As of January 1, 2020, the Company elected the fair value option for its mortgage loans held for investment pursuant to the provisions of ASU No. 2019-05, Financial Instruments—Credit Losses (Topic 326) Targeted Transition Relief, which was issued in May of 2019. Management chose to elect the fair value option for its mortgage loans because the majority of the Company’s investments are represented on its consolidated balance sheet at fair value. The election of the fair value option resulted in a cumulative adjustment of $(548) to retained earnings on its consolidated balance sheet as of January 1, 2020. The Company does not expect its election of the fair value option for its mortgage loans to have a material impact on its future consolidated financial statements.

In March 2020, FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, which provides optional expedients and exceptions to GAAP requirements for modifications on debt instruments, leases, derivatives, and other contracts, related to the expected market transition from LIBOR, and certain other floating rate benchmark indices to alternative reference rates. ASU 2020-04 generally considers contract modifications related to reference rate reform to be an event that does not require contract remeasurement at the modification date nor a reassessment of a previous accounting determination. The guidance in ASU 2020-04 is optional and may be elected over time, through December 31, 2022, as reference rate reform activities occur. The Company does not believe this ASU will have a material impact on its consolidated financial statements.


NOTE 2 – MORTGAGE-BACKED SECURITIES
 
The majority of the Company’s MBS are pledged as collateral for the Company’s repurchase agreements. The following tables present the Company’s MBS by investment type (including securities pending settlement) as of the dates indicated:
 March 31, 2020
 ParNet Premium (Discount)Amortized CostGross Unrealized GainGross Unrealized LossFair Value
Agency CMBS$2,104,738  $16,937  $2,121,675  $207,436  $(892) $2,328,219  
Agency RMBS868,191  19,240  887,431  44,005    931,436  
CMBS IO (1)
  462,675  462,675  2,616  (6,802) 458,489  
Non-Agency other1,833  (686) 1,147  472  (57) 1,562  
Total MBS:$2,974,762  $498,166  $3,472,928  $254,529  $(7,751) $3,719,706  
(1) The notional balance for Agency CMBS IO and non-Agency CMBS IO was $13,274,419 and $9,680,637 respectively, as of March 31, 2020.
11


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

 December 31, 2019
 ParNet Premium (Discount)Amortized CostGross Unrealized GainGross Unrealized LossFair Value
Agency CMBS$1,890,186  $15,414  $1,905,600  $93,763  $(6) $1,999,357  
Agency RMBS2,563,684  55,770  2,619,454  69,082  (462) 2,688,074  
CMBS IO (2)
  488,145  488,145  11,760  (863) 499,042  
Non-Agency other  1,938  (780) 1,158  552  (20) 1,690  
Total MBS:$4,455,808  $558,549  $5,014,357  $175,157  $(1,351) $5,188,163  
(1) The notional balance for the Agency CMBS IO and non-Agency CMBS IO was $13,404,824 and $9,799,629, respectively, as of December 31, 2019.

Actual maturities of MBS are affected by the contractual lives of the underlying mortgage collateral, periodic payments of principal, prepayments of principal, and the payment priority structure of the security; therefore, actual maturities are generally shorter than the securities' stated contractual maturities.

The following table presents information regarding the "gain on sale of investments, net" on the Company’s consolidated statements of comprehensive income (loss) for the periods indicated (1):
Three Months Ended
March 31,
20202019
Proceeds ReceivedRealized Gain (Loss)Proceeds ReceivedRealized Gain (Loss)
Agency RMBS$1,817,350  $64,094  $  $  
Agency CMBS173,684  20,689      
$1,991,034  $84,783  $  $  
(1) Please refer to Note 7 for important information regarding significant sales of MBS and payoff of associated repurchase agreement borrowings subsequent to March 31, 2020.

Included in the table above are securities sold with an amortized cost of $1,431,025 which were unsettled as of March 31, 2020 and were pledged as collateral for repurchase agreement borrowings of $1,442,492. The sale proceeds of $1,503,571 to be received for the unsettled portion are recorded as “receivable for securities sold” on the Company’s consolidated balance sheet as of March 31, 2020.

12


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

The following table presents certain information for the AFS securities in an unrealized loss position as of the dates indicated:
 March 31, 2020December 31, 2019
Fair ValueGross Unrealized Losses# of SecuritiesFair ValueGross Unrealized Losses# of Securities
Continuous unrealized loss position for less than 12 months:    
Agency MBS$322,607  $(5,846) 56$215,792  $(1,139) 27
Non-Agency MBS115,425  (1,804) 5113,607  (146) 7
Continuous unrealized loss position for 12 months or longer:
Agency MBS$388  $(79) 2$75,745  $(35) 2
Non-Agency MBS111  (22) 41,099  (31) 5

The unrealized losses on the Company’s MBS are not credit related, therefore the Company’s allowance for credit losses is $0 as of March 31, 2020. The unrealized losses are a result of declines in market prices driven by significant spread widening as a result of MBS market disruption caused by the global pandemic. The principal related to Agency MBS is guaranteed by the government-sponsored entities Fannie Mae and Freddie Mac. Although the unrealized losses are not credit related, the Company assesses its ability and intent to hold any MBS with an unrealized loss until the recovery in its value in accordance with GAAP. This assessment is based on the amount of the unrealized loss and significance of the related investment as well as the Company’s leverage and liquidity position. In addition, for its non-Agency MBS the Company reviews the credit ratings, the credit characteristics of the mortgage loans collateralizing these securities, and the estimated future cash flows including projected collateral losses.


NOTE 3 – REPURCHASE AGREEMENTS

The Company’s repurchase agreements outstanding as of March 31, 2020 and December 31, 2019 are summarized in the following tables:
 March 31, 2020December 31, 2019
Collateral Type
Balance (1)
Weighted
Average Rate
Fair Value of
Collateral Pledged (1)
BalanceWeighted
Average Rate
Fair Value of
Collateral Pledged
Agency RMBS$2,180,966  1.69 %$2,259,403  $2,594,645  1.96 %$2,647,638  
Agency CMBS1,823,951  1.66 %1,987,487  1,735,848  1.98 %1,901,452  
Agency CMBS IO262,759  1.84 %282,150  255,912  2.30 %282,522  
Non-Agency CMBS IO140,430  2.30 %170,782  165,943  2.67 %193,013  
Total repurchase agreements$4,408,106  1.71 %$4,699,822  $4,752,348  2.01 %$5,024,625  
(1) Please refer to Note 7 for important information regarding significant sales of MBS and payoff of associated repurchase agreement borrowings subsequent to March 31, 2020.

The amounts for fair value of collateral pledged in the table above include securities sold but not settled as of March 31, 2020, which are recorded as “receivable for securities sold” on the consolidated balance sheet and for which the Company had $1,442,492 of repurchase agreement borrowings outstanding as of March 31, 2020. The Company also had $382,371 and $6,180 payable to counterparties as of March 31, 2020 and December 31, 2019, respectively, for purchases pending settlement as of those respective dates.

13


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

The following table provides information on the remaining term to maturity and original term to maturity for the Company’s repurchase agreements as of the dates indicated:
March 31, 2020December 31, 2019
Remaining Term to MaturityBalanceWeighted
Average Rate
WAVG Original Term to MaturityBalanceWeighted
Average Rate
WAVG Original Term to Maturity
Less than 30 days$4,203,459  1.70 %54  $2,078,185  2.12 %34  
30 to 90 days204,647  1.80 %93  2,674,163  1.93 %52  
Total$4,408,106  1.71 %56  $4,752,348  2.01 %45  

As of March 31, 2020, the Company had repurchase agreement amounts outstanding with 22 of its 37 available repurchase agreement counterparties. The Company had $694,367 outstanding and $59,542, or approximately 11%, of equity at risk with JP Morgan Chase at a weighted average borrowing rate of 1.63%. The Company did not have more than 10% of its equity at risk with any of its other counterparties as of March 31, 2020. The Company has a committed repurchase facility with Wells Fargo that has an aggregate maximum borrowing capacity of $250,000, of which it had $146,470 outstanding at a weighted average borrowing rate of 1.81% as of March 31, 2020. The facility is available to the Company until its maturity date of June 11, 2021.

The Company’s counterparties, as set forth in the master repurchase agreement with the counterparty, require the Company to comply with various customary operating and financial covenants, including, but not limited to, minimum net worth and earnings, maximum declines in net worth in a given period, and maximum leverage requirements as well as maintaining the Company’s REIT status. In addition, some of the agreements contain cross default features, whereby default under an agreement with one lender simultaneously causes default under agreements with other lenders. To the extent that the Company fails to comply with the covenants contained in these financing agreements or is otherwise found to be in default under the terms of such agreements, the counterparty has the right to accelerate amounts due under the master repurchase agreement. The Company believes it was in full compliance with all covenants in master repurchase agreements under which there were amounts outstanding as of March 31, 2020.

The Company's repurchase agreements are subject to underlying agreements with master netting or similar arrangements, which provide for the right of offset in the event of default or in the event of bankruptcy of either party to the transactions. The Company reports its repurchase agreements to these arrangements on a gross basis. The following tables present information regarding the Company's repurchase agreements as if the Company had presented them on a net basis as of March 31, 2020 and December 31, 2019:
Gross Amount of Recognized LiabilitiesGross Amount Offset in the Balance SheetNet Amount of Liabilities Presented in the Balance Sheet
Gross Amount Not Offset in the Balance Sheet (1)
Net Amount
Financial Instruments Posted as CollateralCash Posted as Collateral
March 31, 2020
Repurchase agreements$4,408,106  $  $4,408,106  $(4,408,106) $  $  
December 31, 2019
Repurchase agreements$4,752,348  $  $4,752,348  $(4,752,348) $  $  
(1) Amounts disclosed for collateral received by or posted to the same counterparty include cash and the fair value of MBS up to and not exceeding the net amount of the repurchase agreement liability presented in the balance sheet. The fair value of the total collateral received by or posted to the same counterparty may exceed the amounts presented.

Please see Note 4 for information related to the Company’s derivatives which are also subject to underlying agreements with master netting or similar arrangements.

14


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

NOTE 4 – DERIVATIVES

Types and Uses of Derivatives Instruments
Interest Rate Derivatives. Prior to the end of the first quarter of 2020, the Company primarily used interest rate swaps as economic hedges to mitigate declines in book value and to protect some portion of the Company's earnings from rising interest rates; however, the Company substantially reduced its notional balance of interest rate swaps late in the first quarter of 2020 due to the significant reduction of its MBS portfolio. In addition, counterparties began expanding initial margin requirements for interest rate swaps. The Company added short positions in U.S. Treasury futures and increased its holdings of put options on U.S. Treasury futures as these derivative instruments are viewed by management as more liquid and having more favorable margin requirements versus interest rate swaps.

TBA Transactions. The Company purchases TBA securities as a means of investing in non-specified fixed-rate Agency RMBS and may also periodically sell TBA securities as a means of economically hedging its book value exposure to Agency RMBS as well as earnings exposure from rising financing costs. The Company holds long and short positions in TBA securities by executing a series of transactions, commonly referred to as “dollar roll” transactions, which effectively delay the settlement of a forward purchase (or sale) of a non-specified Agency RMBS by entering into an offsetting TBA position, net settling the paired-off positions in cash, and simultaneously entering into an identical TBA long (or short) position with a later settlement date. TBA securities purchased (or sold) for a forward settlement date are generally priced at a discount relative to TBA securities settling in the current month. This discount, often referred to as “drop income” represents the economic equivalent of net interest income (interest income less implied financing cost) on the underlying Agency security from trade date to settlement date. The Company accounts for all TBAs (whether net long or net short positions, or collectively “TBA dollar roll positions”) as derivative instruments because it cannot assert that it is probable at inception and throughout the term of an individual TBA transaction that its settlement will result in physical delivery of the underlying Agency RMBS, or that the individual TBA transaction will not settle in the shortest period possible.

Loss on Derivative Instruments, Net

The table below provides detail of the Company’s “loss on derivative instruments, net” by type of derivative for the periods indicated:
Three Months Ended
March 31,
Type of Derivative Instrument20202019
Interest rate swaps$(182,181) $(71,764) 
Interest rate swaptions(573)   
U.S. Treasury futures(8,447) (109) 
Options on U.S. Treasury futures(10,727)   
TBA securities - long positions18,432  10,176  
TBA securities - short positions(12,071)   
Loss on derivative instruments, net$(195,567) $(61,697) 

The table below summarizes information about the fair value by type of derivative instrument on the Company’s consolidated balance sheets as of the dates indicated:
15


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

Type of Derivative InstrumentBalance Sheet LocationPurposeMarch 31, 2020December 31, 2019
Options on U.S. Treasury futuresDerivative assetsEconomic hedging$3,031  $2,883  
Interest rate swaptionsDerivative assetsEconomic hedging  573  
TBA securities - long positionsDerivative assetsInvesting  834  
Total derivatives assets$3,031  $4,290  
U.S. Treasury futuresDerivative liabilitiesEconomic hedging$(8,438) $  
TBA securities - short positionsDerivative liabilitiesEconomic hedging(5,202) (974) 
Total derivatives liabilities$(13,640) $(974) 


Interest Rate Swaps

The Company has interest rate swap agreements outstanding with various counterparties which are centrally cleared through the CME. As explained in Note 1, the exchange of variation margin for CME cleared interest rate swaps is legally considered to be the settlement of the derivative itself as opposed to a pledge of collateral. Because the Company accounts for this daily exchange of variation margin for its CME cleared interest rate swaps as an increase or decrease to the carrying value of the related derivative asset or liability, the fair value of the interest rate swaps nets to $0 on the Company’s consolidated balance sheet. The Company had net settlement amounts of $(1,557) and $(9,265) in variation margin for its interest rate swaps as of March 31, 2020 and December 31, 2019, respectively.

The following tables present information about the Company’s interest rate swaps as of the dates indicated:
March 31, 2020December 31, 2019
Weighted-AverageWeighted-Average
Years to Maturity:Notional AmountPay RateLife Remaining (in Years)Notional AmountPay RateLife Remaining (in Years)
< 3 years$150,000  1.61 %0.3$2,860,000  1.58 %1.5
>3 and < 6 years—  — %—  700,000  1.43 %4.7
>6 and < 10 years80,000  0.83 %9.9545,000  1.78 %9.4
>10 years—  — %—  120,000  2.84 %27.7
Total$230,000  1.34 %3.6$4,225,000  1.62 %3.8

U.S. Treasury Futures and Options

The following table presents information about the Company’s U.S. Treasury futures and options outstanding as of the dates indicated:

Cost BasisFair ValueNotional Amount
As of March 31, 2020:
Options on U.S. Treasury futures (1)
$14,884  $3,031  1,700,000  
U.S. Treasury futures - short positionsn/a  (8,438) 1,177,500  
As of December 31, 2019:
Options on U.S. Treasury futures (2)
$4,359  $2,883  $1,350,000  
Pay-fixed interest rate swaptions (2)
6,180  573  750,000  
16


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

(1) All futures and options outstanding as of March 31, 2020 will expire in June of 2020.
(2) All options outstanding as of December 31, 2019 expired during the first quarter of 2020.

TBA Securities

The following table summarizes information about the Company's TBA securities as of the dates indicated:
March 31, 2020December 31, 2019
Long PositionsShort PositionsLong PositionsShort Positions
Implied market value (1)
$  $(549,521) $442,161  $(520,117) 
Implied cost basis (2)
  (544,319) 441,327  (519,143) 
Net carrying value (3)
$  $(5,202) $834  $(974) 

(1) Implied market value represents the estimated fair value of the underlying Agency MBS as if settled as of the date indicated.
(2) Implied cost basis represents the forward price to be paid for the underlying Agency MBS as if settled as of the date indicated.
(3) Net carrying value is the amount included on the consolidated balance sheets within “derivative assets (liabilities)” and represents the difference between the implied market value and the implied cost basis of the TBA security as of the date indicated.

Volume of Activity

The tables below summarize changes in the Company’s derivative instruments for the period indicated:
Type of Derivative InstrumentNotional Amount as of December 31, 2019AdditionsSettlements,
Terminations,
or Pair-Offs
Notional Amount as of March 31, 2020
Interest rate swaps$4,225,000  $2,570,000  $(6,565,000) $230,000  
Interest rate swaptions750,000    (750,000)   
U.S. Treasury futures  1,477,500  (300,000) 1,177,500  
Options on U.S. Treasury futures1,350,000  2,000,000  (1,650,000) 1,700,000  
TBA - long positions435,000  1,905,000  (2,340,000)   
TBA - short positions(500,000) (830,000) 815,000  (515,000) 

Offsetting

The Company's derivatives are subject to underlying agreements with master netting or similar arrangements, which provide for the right of offset in the event of default or in the event of bankruptcy of either party to the transactions. The Company reports its derivative assets and liabilities subject to these arrangements on a gross basis. The following tables present information regarding those derivative assets and liabilities subject to such arrangements as if the Company had presented them on a net basis as of March 31, 2020 and December 31, 2019:

17


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

Offsetting of Assets
Gross Amount of Recognized AssetsGross Amount Offset in the Balance SheetNet Amount of Assets Presented in the Balance Sheet
Gross Amount Not Offset in the Balance Sheet (1)
Net Amount
Financial Instruments Received as CollateralCash Received as Collateral
March 31, 2020
Options on U.S. Treasury futures$3,031  —  $3,031  $  $  $3,031  
Derivative assets$3,031  $—  $3,031  $  $  $3,031  
December 31, 2019
Interest rate swaptions$573  $—  $573  $  $  $573  
Options on U.S. Treasury futures2,883  —  2,883      2,883  
TBA - long positions834  —  834  (380)   454  
Derivative assets$4,290  $—  $4,290  $(380) $  $3,910  

Offsetting of Liabilities
Gross Amount of Recognized LiabilitiesGross Amount Offset in the Balance SheetNet Amount of Liabilities Presented in the Balance Sheet
Gross Amount Not Offset in the Balance Sheet (1)
Net Amount
Financial Instruments Posted as CollateralCash Posted as Collateral
March 31, 2020
U.S. Treasury futures$(8,438) —  $(8,438) $  $8,438  $  
TBA - short positions(5,202) —  (5,202)   1,235  (3,967) 
Derivative liabilities$(13,640) $—  $(13,640) $  $9,673  $(3,967) 
December 31, 2019
TBA - short positions$(974) —  $(974) $380    $(594) 
Derivative liabilities$(974) $—  $(974) $380  $  $(594) 
(1) Amounts disclosed for collateral received by or posted to the same counterparty include cash and the fair value of MBS up to and not exceeding the net amount of the derivative asset or liability presented in the balance sheet. The fair value of the total collateral received by or posted to the same counterparty may exceed the amounts presented. Please refer to the consolidated balance sheets for the total cash posted as collateral, which is recorded as "restricted cash," and the total fair value of financial instruments pledged as collateral for derivatives and repurchase agreements, which is shown parenthetically.
Please see Note 3 for information related to the Company’s repurchase agreements which are also subject to underlying agreements with master netting or similar arrangements.

18


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

NOTE 5 – FAIR VALUE OF FINANCIAL INSTRUMENTS
 
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is based on the assumptions market participants would use when pricing an asset or liability and also considers all aspects of nonperformance risk, including the entity’s own credit standing, when measuring fair value of a liability. ASC Topic 820 established a valuation hierarchy of three levels as follows:
 
Level 1 – Inputs are unadjusted, quoted prices in active markets for identical assets or liabilities as of the measurement date.
Level 2 – Inputs include quoted prices in active markets for similar assets or liabilities; quoted prices in inactive markets for identical or similar assets or liabilities; or inputs either directly observable or indirectly observable through correlation with market data at the measurement date and for the duration of the instrument’s anticipated life.
Level 3 – Unobservable inputs are supported by little or no market activity. The unobservable inputs represent management’s best estimate of how market participants would price the asset or liability at the measurement date. Consideration is given to the risk inherent in the valuation technique and the risk inherent in the inputs to the model.

The following table presents the Company’s financial instruments that are measured at fair value on the Company’s consolidated balance sheet by their valuation hierarchy levels as of the dates indicated:
March 31, 2020December 31, 2019
 Fair ValueLevel 1Level 2Level 3Fair ValueLevel 1Level 2Level 3
Assets carried at fair value:    
MBS$3,719,706  $  $3,718,144  $1,562  $5,188,163  $  $5,186,473  $1,690  
Mortgage loans held for investment7,922      7,922          
Derivative assets:
Options on U.S. Treasury futures3,031  3,031      2,883  2,883      
Interest rate swaptions        573    573    
TBA securities-long positions        834    834    
Total assets carried at fair value$3,730,659  $3,031  $3,718,144  $9,484  $5,192,453  $2,883  $5,187,880  $1,690  
Liabilities carried at fair value:
TBA-short positions$5,202  $  $5,202  $  $974  $  $974  $  
U.S. Treasury futures8,438  8,438              
Total liabilities carried at fair value$13,640  $8,438  $5,202  $  $974  $  $974  $  

The fair value measurements for the Company's MBS are considered Level 2 when there are substantially similar securities actively trading or for which there has been recent trading activity in their respective markets. The Company determines the fair value of its Level 2 securities based on prices received from the Company's primary pricing service as well as other pricing services and brokers. The Company evaluates the third-party prices it receives to assess their
19


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

reasonableness. Although the Company does not adjust third-party prices, they may be excluded from use in the determination of a security's fair value if they are significantly different from other observable market data. In valuing a security, the primary pricing service uses either a market approach, which uses observable prices and other relevant information that is generated by market transactions of identical or similar securities, or an income approach, which uses valuation techniques to convert future amounts to a single, discounted present value amount. The Company also reviews the assumptions and inputs utilized in the valuation techniques of its primary pricing service. Examples of these observable inputs and assumptions include market interest rates, credit spreads, and projected prepayment speeds, among other things.

The Company owns MBS and mortgage loans that are considered Level 3 assets because there has been no recent trading activity of similar instruments upon which their fair value can be measured. The fair value for these Level 3 assets is measured by discounting the estimated future cash flows derived from cash flow models using significant inputs which are determined by the Company when market observable inputs are not available. Information utilized in those pricing models include the security’s credit rating, coupon rate, estimated prepayment speeds, expected weighted average life, collateral composition, estimated future interest rates, expected credit losses, and credit enhancement as well as certain other relevant information. The Company used a constant prepayment rate assumption of 10%, default rate of 2%, loss severity of 20%, and a discount rate of 8.8% in measuring the fair value of its Level 3 assets as of March 31, 2020. Significant changes in any of these inputs in isolation may result in a significantly different fair value measurement. Level 3 assets are generally most sensitive to the default rate and severity assumptions.

The activity of the Company’s Level 3 assets during the first quarter of 2020 is presented in the following table:
Three Months Ended
March 31, 2020
Other Non-Agency MBSMortgage Loans
Balance as of beginning of period, adjusted (1)
$1,690  $8,857  
Change in fair value (2)
(116) (312) 
Principal payments(105) (615) 
Accretion (amortization) (3)
93  (8) 
Balance as of end of period  $1,562  $7,922  
(1) See Note 1 for information regarding the Company’s election of the fair value option for its mortgage loans effective January 1, 2020 which were previously reported at amortized cost. The beginning balance shown in this table represents the fair value of the mortgage loans after the cumulative adjustment of $(548) made to the amortized cost of $9,405 as of December 31, 2019.
(2) Change in fair value for other non-Agency MBS is recorded as unrealized gain (loss) in “other comprehensive income” and change in fair value for mortgage loans is net of chargeoffs and recorded as unrealized gain (loss) in “fair value adjustments,net“.
(3) Accretion (amortization) represents the amount of (premium) discount recognized in “interest income” during the period indicated.

The fair value of interest rate swaps is measured using the income approach with the primary input being the forward interest rate swap curve, which is considered an observable input, and thus their fair values are considered Level 2 measurements. All of the Company’s interest rate swap agreements are centrally cleared through the CME. Please refer to Note 1 for information regarding the exchange of variation margin being legally considered as settlement of the derivative as opposed to a pledge of collateral. U.S. Treasury futures and options on U.S. Treasury futures are valued based on closing exchange prices on these contracts and are classified accordingly as Level 1 measurements. Unlike its interest rate swaps, the Company does not treat the exchange of variation margin for its U.S. Treasury futures as legal settlement of the instrument. The fair value of interest rate swaptions is based on the fair value of the underlying interest rate swap and time remaining until its expiration. The fair value of TBA securities is estimated using methods similar those used to fair value the Company’s Level 2 MBS.


20


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

NOTE 6 – SHAREHOLDERS’ EQUITY AND SHARE-BASED COMPENSATION

Preferred Stock. The Company's articles of incorporation authorize the issuance of up to 50,000,000 shares of preferred stock, par value $0.01 per share. During the three months ended March 31, 2020, the Company’s Board of Directors designated 6,600,000 shares for issuance of 6.90% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock and subsequently sold 4,460,000 shares through a public offering for which it received proceeds of $107,988, net of $3,512 in broker commissions and other expenses. The Company used the proceeds to redeem all 2,300,000 outstanding shares of its 8.50% Series A Preferred Stock at an aggregate redemption price of approximately $25.35 per share, which included accumulated and unpaid dividends declared as of the redemption date March 14, 2020. The Company also used the proceeds to partially redeem 1,700,000 shares of its 7.625% Series B Preferred Stock at an aggregate redemption price of approximately $25.32 per share, which included accumulated and unpaid dividends declared as of the redemption date March 16, 2020. The excess of the $25.00 liquidation price per share over the carrying value of the preferred stock redeemed resulted in a charge of $(3,914) to net income to common shareholders for the three months ended March 31, 2020.

The Preferred Stock has no stated maturity, is not subject to any sinking fund or mandatory redemption, and will remain outstanding indefinitely unless redeemed or otherwise repurchased or converted into common stock pursuant to the terms of the Preferred Stock. The Company had 2,788,330 shares of its Series B Preferred Stock remaining as of March 31, 2020, which may be redeemed at any time and from time to time at the Company's option at a cash redemption price of $25.00 per share plus any accumulated and unpaid dividends. Except under certain limited circumstances described in Article IIIC of the Company’s Restated Articles of Incorporation, as amended, the Company may not redeem the Series C Preferred Stock prior to April 15, 2025. On or after that date, the Series C Preferred Stock may be redeemed at any time and from time to time at the Company's option at a cash redemption price of $25.00 per share plus any accumulated and unpaid dividends. Because the Preferred Stock is redeemable only at the option of the issuer, it is classified as equity on the Company’s consolidated balance sheet.

The Series B Preferred Stock pays a cumulative cash dividend equivalent to 7.625% of the $25.00 liquidation preference per share each year. The Series C Preferred stock pays a cumulative cash dividend equivalent to 6.90% of the $25.00 liquidation preference per share each year until April 15, 2025 upon which date and thereafter, the Company will pay cumulative cash dividends at a percentage of the $25.00 liquidation value per share equal to an annual floating rate of three-month LIBOR plus a spread of 5.461%. The Company paid its regular quarterly dividend of $0.4765625 per share of Series B Preferred Stock and a partial dividend of $0.259 per share of Series C Preferred Stock on April 15, 2020 to shareholders of record as of April 1, 2020. The partial dividend for the Series C reflects the period outstanding from, and including, the initial issuance date of February 21, 2020 to, but excluding, April 15, 2020.

Common Stock. The following table summarizes information regarding monthly dividend declarations on the Company’s common stock during the three months ended March 31, 2020:
Three Months Ended
March 31, 2020
Declaration DateAmount DeclaredRecord DatePayment Date
January 13, 2020$0.15  January 24, 2020February 3, 2020
February 14, 20200.15  February 24, 2020March 2, 2020
March 10, 20200.15  March 23, 2020April 1, 2020


Stock and Incentive Plans. The Company’s 2018 Stock and Incentive Plan reserves for issuance up to 1,000,000 common shares for eligible employees, non-employee directors, consultants, and advisors to the Company to be granted in the form of stock options, restricted stock awards, restricted stock units, stock appreciation rights, performance units, and performance cash awards. Total stock-based compensation expense recognized by the Company for the three months ended March 31, 2020 was $307 compared to $298 for the three months ended March 31, 2019. The following table presents a rollforward of the restricted stock activity for the periods indicated:
21


NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
DYNEX CAPITAL, INC.
(amounts in thousands except share data)

Three Months Ended
March 31,
 20202019
SharesWeighted Average Grant Date Fair Value Per Share
Shares (1)
Weighted Average Grant Date Fair Value Per Share (1)
Restricted stock outstanding as of beginning of period119,213  $18.56  113,904  $19.19  
Restricted stock granted67,511  17.10  50,817  18.30  
Restricted stock vested(48,569) 19.02  (50,380) 19.12  
Restricted stock outstanding as of end of period138,155  $17.69  114,341  $18.83  
(1) Amounts have been adjusted to reflect the effect of the 1-for-3 reverse stock split.

As of March 31, 2020, the grant date fair value of the Company’s remaining nonvested restricted stock is $2,105 which will be amortized into compensation expense over a weighted average period of 2.3 years.


NOTE 7 – SUBSEQUENT EVENTS

The Company had significant transactions which occurred subsequent to March 31, 2020 and through the date these consolidated financial statements were issued. Due to the continued market disruption resulting from the global response to the COVID-19 pandemic, the Federal Reserve announced in the last week of March 2020 its intent to buy Agency CMBS. This announcement improved liquidity in the Agency CMBS market, and the Company subsequently sold Agency CMBS during April which had an amortized cost of $1,301,770 and a fair value of $1,468,901 at March 31, 2020 in order to monetize gains while also increasing cash available for future reinvestment and further lowering leverage. These securities were pledged as collateral for repurchase agreement borrowings of $1,281,890 as of March 31, 2020.

22


ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion should be read in conjunction with our unaudited financial statements and the accompanying notes included in Part I, Item 1. “Financial Statements” in this Quarterly Report on Form 10-Q and our audited financial statements and the accompanying notes included in Part II, Item 8 in our Annual Report on Form 10-K for the year ended December 31, 2019 (the “2019 Form 10-K”). References herein to “Dynex,” the “Company,” “we,” “us,” and “our” include Dynex Capital, Inc. and its consolidated subsidiaries, unless the context otherwise requires. In addition to current and historical information, the following discussion and analysis contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to our future business, financial condition or results of operations. For a description of certain factors that may have a significant impact on our future business, financial condition or results of operations, see “Forward-Looking Statements” at the end of this discussion and analysis.

        For more information about our business including our operating policies, investment philosophy and strategy, financing and hedging strategies, and other important information, please refer to Part I, Item 1 of our 2019 Form 10-K.

EXECUTIVE OVERVIEW

Dynex Capital, Inc. is an internally managed mortgage real estate investment trust, or mortgage REIT, which primarily invests in residential and commercial mortgage-backed securities (“MBS”) on a leveraged basis. We finance our investments principally with borrowings under repurchase agreements. Our objective is to provide attractive risk-adjusted returns to our shareholders over the long term that are reflective of a leveraged, high quality fixed income portfolio with a focus on capital preservation. We seek to provide returns to our shareholders primarily through the payment of regular dividends and also potentially through capital appreciation of our investments.

Market Conditions and Recent Activity

Though 2020 began with an improved interest rate environment for our business and industry as a whole, the impact of the global response to the coronavirus (“COVID-19”) pandemic on the financial markets has resulted in unprecedented market disruption. While markets expressed concern about the potential impact of COVID-19 for the first six weeks of the first quarter of 2020, interest rate markets were relatively stable with a modest downward trend. Yields moved sharply in the second half of the quarter, however, as markets grappled with assessing the impact of the health crisis and many market participants were selling assets to raise liquidity. On February 19th, the U.S. Treasury 10-year yield was 1.57%, then yields began a rally that ended on March 9th when the U.S. Treasury yield closed at 0.55%. On March 11, 2020, the World Health Organization declared COVID-19 a global pandemic, spurring a sell-off in risk assets globally over the remainder of the first quarter. In response to the sell-off in risk assets and the weakening economic outlook, the Federal Reserve reduced interest rates by 50 basis points in early March and later another 100 basis points mid-March. The Federal Reserve also announced on March 15th that it would increase its holdings of U.S. Treasuries and Agency RMBS by $500 billion and $200 billion, respectively, to support the markets. Even with these efforts, interest rates rose rapidly with the U.S. 10-year Treasury closing at 1.20% on March 18th. Demand for virtually all asset classes weakened severely except for cash as market participants sought liquidity to protect their capital and meet margin calls. On March 23rd, the Federal Reserve expanded its purchases of Agency RMBS and U.S. Treasuries and announced it would expand purchases to include Agency CMBS.

In the United States, initial jobless claims, a measure of near-term economic activity, have exceeded 33 million as of May 7, 2020, representing approximately 20% of our domestic workforce. Near-term oil futures have traded below zero for the first time ever. In addition to the programs instituted by the Federal Reserve to ensure markets are smoothly functioning, the U.S. Congress has passed the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act to provide economic relief to individuals, businesses, state and local governments, and the health care system.

Against this backdrop of volatility. we carefully managed our risk position and liquidity and continue to do so. The Company has long held a view about intensifying global risks and the potential for an exogenous shock to the global economy. In early March, we chose to realize gains in our Agency RMBS. Though our leverage as of March 31, 2020 shows a modest decline versus December 31, 2019, this is primarily due to the bulk of these sales not settling until April 2020. We
23


also sold Agency CMBS in late March and again in early April after quarter-end to reduce our leverage further. During the first quarter of 2020, we also methodically executed a shift out of most pay-fixed interest rate swaps into U.S. Treasury futures and options for price transparency, trading liquidity, and more favorable margin requirements.

The charts below show the highest and lowest U.S. Treasury and swap rates during the quarter ended March 31, 2020 as well as the rates as of March 31, 2020 and December 31, 2019: 

dx-20200331_g1.jpg
dx-20200331_g2.jpg

First Quarter 2020 Results

Comprehensive loss to common shareholders of $(33.3) million for the first quarter of 2020 resulted primarily from the net loss on our derivatives exceeding our realized and unrealized gains on MBS. We realized a gain of $84.8 million when we chose to sell higher premium assets in order to monetize gains and decrease our leverage. As interest rates rallied, we lifted the majority of our interest rate swaps, realizing a loss on derivative instruments of $(183.8) million. Our total net loss on derivatives of $(195.6) million and realized gain of $84.8 million from MBS sales were the primary components of our net loss to common shareholders of $(106.2) million, or $(4.63) per common share, for the first quarter of 2020 compared to net income of $51.8 million, or $2.26 per common share, for the fourth quarter of 2019, which was primarily comprised of a net gain on derivative instruments of $43.0 million. Net loss to common shareholders was partially offset by a net unrealized gain of $73.0 million from the increase in fair value of MBS which is recorded in other comprehensive income. Net interest income increased $1.5 million for the first quarter of 2020 compared to the prior quarter because the decline in
24


our interest expense from repurchase agreement borrowings from lower short-term interest rates outpaced the decline in our interest income from lower prepayment penalty compensation and having a smaller balance of average interest earning assets.

Core net operating income to common shareholders, a non-GAAP measure, declined to $11.6 million, or $0.51 per common share, for the first quarter of 2020 compared to $15.0 million, or $0.66 per common share, for the fourth quarter of 2019. The decline was driven by lower net periodic interest benefit from pay-fixed interest rate swaps, lower TBA drop income, higher general and administrative expenses, and higher preferred stock dividends. Please refer to "Use of Non-GAAP Financial Measures" below for additional important information.

Though we out-earned our first quarter dividend of $0.45 per common share, the market volatility resulting from the global response to COVID-19 was the principal driver of our decline in book value of $1.94 per common share. In addition to the losses on our interest rate swaps, mass liquidations by fixed income market participants resulted in wider spreads at the end of the quarter for virtually all asset classes. This market activity particularly impacted our Agency CMBS and CMBS IO which ended the quarter in a lower gain position. The decline in book value per common share less the common dividend declared of $0.45 led to a quarterly economic loss to common shareholders of (8.3)% for the first quarter of 2020. In addition, the issuance of 4.5 million shares of our Series C Preferred Stock at a discount to its liquidation value of $25.00 per share contributed approximately $(0.15) to the decline in book value per common share, not including preferred dividends declared. The proceeds from this issuance were primarily used to redeem 2.3 million shares of our Series A preferred stock and a partial redemption of 1.7 million shares of our Series B Preferred Stock.

Current Outlook
Our macroeconomic opinion for the long-term has not changed. We believe the global economy remains fragile and vulnerable to sudden exogenous shocks. The global economy is largely supported by central banks and global debt continues to increase excessively. Our current short-term view, however, has been impacted by the health crisis, the resulting economic crisis, and a host of new policy risks that have been introduced in order to support the global economy. Though the Federal Reserve has taken action to support the financial markets, and Congress and the U.S. Treasury have passed the CARES act, we believe the efficacy and outcome of these actions are unknown and the risk for policy mistakes is very high. While the markets for those assets that are being supported by the Federal Reserve have stabilized, the asset classes that have not benefited from government or central bank support continue to suffer from lack of liquidity. We believe that the slow pace of regulatory help in the mortgage finance arena—including, for example, the lack of support for credit risk transfer securities and mortgage servicing—may have long-term impacts on the availability of, and the cost of, home ownership in the future. Though we do not own these assets, as a participant in the real estate finance markets, we are concerned about the liquidity of these instruments.

We are not anticipating a change in our dividend for the month of May. Beyond then, the amount of the dividend depends on the deployment of our excess capital, the state of the financing markets and our view of risk given the current uncertain economic environment. However, we believe we are in a strong position of liquidity and leverage that will allow us to evaluate the market environment for the best risk and return opportunities without undue pressure on our balance sheet and capital position. Our cash and unencumbered assets as of April 30, 2020 is approximately $225 million, and our leverage is approximately 4 times total shareholders’ equity. We continue to believe that the demographics behind the housing sector continue to support our investment thesis of investing in high quality, highly liquid U.S.-based housing assets. Though we see opportunities to invest capital, we note the level of uncertainty in the current environment. As such, we are taking a balanced and measured approach to our future reinvestment, so that we are prepared to manage our business under a variety of scenarios. As we evaluate our various investment alternatives, and the associated risks and returns with our usual disciplined approach, our focus remains on generating solid cash flows and preserving capital.

Other Factors Impacting Our Financial Condition and Results of Operations

In recent filings, we have discussed the potential for the upcoming cessation of LIBOR as a “benchmark” rate by the end of 2021 to impact our business and results of operations. Please refer to Part II, Item 1A, "Risk Factors" of this Quarterly Report on Form 10-Q as well as Item 1, “Business” in our 2019 Form 10-K for more detailed information. Though our significant reduction of interest rate swaps in our hedging portfolio has reduced the potential impact of the transition to
25


alternative reference rates, we are continuing to develop a transition plan to facilitate an orderly transition to alternative reference rates for our remaining interest rate swaps and other financial instruments. Our transition plan includes steps to evaluate exposure, review contracts, assess impact to our business, processes and technology and define a communication strategy with shareholders, regulators and other stakeholders. We will also be assessing how our financial instruments may be indirectly impacted as a result of modifications made by third parties to LIBOR-based loans underlying our MBS and other investments.


Non-GAAP Financial Measures

In addition to the Company's operating results presented in accordance with GAAP, the information presented within Item 2, "Management's Discussion and Analysis of Financial Condition and Results of Operations" of this Quarterly Report on Form 10-Q contains the following non-GAAP financial measures: core net operating income to common shareholders (including per common share), adjusted net interest income and the related metric adjusted net interest spread. Because these measures are used in the Company's internal analysis of financial and operating performance, management believes that they provide greater transparency to our investors of management's view of our economic performance. Management also believes the presentation of these measures, when analyzed in conjunction with the Company's GAAP operating results, allows investors to more effectively evaluate and compare the performance of the Company to that of its peers, although the Company's presentation of its non-GAAP measures may not be comparable to other similarly-titled measures of other companies. Reconciliations of core net operating income to common shareholders, adjusted interest expense, and adjusted net interest income to the related GAAP financial measures are provided below and within “Results of Operations.”

Management views core net operating income to common shareholders as an estimate of the Company’s financial performance based on the effective yield of its investments, net of financing costs and other normal recurring operating income/expense, net. In addition to the non-GAAP reconciliation set forth below, which derives core net operating income to common shareholders from GAAP net income to common shareholders as the nearest GAAP equivalent measure, core net operating income to common shareholders can also be determined by adjusting net interest income to include interest rate swap periodic interest benefit/cost, drop income on TBA securities, general and administrative expenses, and preferred dividends. Drop income generated by TBA dollar roll positions, which is included in "gain (loss) on derivatives instruments, net" on the Company's consolidated statements of comprehensive income, is included in core net operating income and in adjusted net interest income because management views drop income as the economic equivalent of net interest income (interest income less implied financing cost) on the underlying Agency security from trade date to settlement date. Management also includes periodic interest benefit/cost from its interest rate swaps, which are also included in "gain (loss) on derivatives instruments, net", in adjusted net interest expense and adjusted net interest income because interest rate swaps are used by the Company to economically hedge the impact of changing interest rates on its borrowing costs from repurchase agreements, and including periodic interest benefit/cost from interest rate swaps is a helpful indicator of the Company’s total cost of financing in addition to GAAP interest expense. However, these non-GAAP measures do not provide a full perspective on our results of operations, and therefore, their usefulness is limited. For example, these non-GAAP measures do not include gains or losses from available-for-sale investments, changes in fair value of and costs of terminating interest rate swaps, as well as realized and unrealized gains or losses from other instruments used by management to economically hedge the impact of changing interest rates on its portfolio and book value per common share, such as Eurodollar or U.S. Treasury futures. As a result, these non-GAAP measures should be considered as a supplement to, and not as a substitute for, the Company's GAAP results as reported on its consolidated statements of comprehensive income.

26


Three Months Ended
($ in thousands, except per share amounts)March 31, 2020December 31, 2019
GAAP net (loss) income to common shareholders$(106,234) $51,774  
Less:
Change in fair value of derivative instruments, net (1)
198,370  (36,750) 
(Gain) loss on sale of investments, net(84,783) —  
Preferred stock redemption charge to common shareholders3,914  —  
Fair value adjustments, net372  14  
Core net operating income to common shareholders$11,639  $15,038  
Weighted average common shares22,963,084  22,945,993  
Core net operating income per common share$0.51  $0.66  
(1) Amount includes unrealized gains and losses from changes in fair value of derivatives and realized gains and losses on terminated derivatives and excludes net periodic interest benefit on effective interest rate swaps outstanding during the period.


Three Months Ended
($ in thousands)March 31, 2020December 31, 2019
GAAP net interest income$17,721  $16,195  
Add: TBA drop income (1)
739  1,582  
Add: net periodic interest benefit (2)
2,064  4,660  
Non-GAAP adjusted net interest income$20,524  $22,437  
(1) TBA drop income is calculated by multiplying the notional amount of the TBA dollar roll positions by the difference in price between two TBA securities with the same terms but different settlement dates. The impact of TBA drop income on adjusted net interest spread includes the implied average funding cost of TBA dollar roll transactions during the periods indicated.
(2) Amount represents net periodic interest benefit of effective interest rate swaps outstanding during the period and excludes realized and unrealized gains and losses from changes in fair value of derivatives.


FINANCIAL CONDITION


As of March 31, 2020, our investment portfolio consisted primarily of $2.3 billion in Agency CMBS, $0.4 billion in Agency RMBS, net of one TBA short position, and $0.5 billion in both Agency and non-Agency CMBS IO compared to an investment portfolio of $2.6 billion in Agency RMBS, net of TBA net short position, $2.0 billion in Agency CMBS, and $0.5 billion in CMBS IO as of December 31, 2019.

RMBS. The majority of our Agency RMBS are pass-through securities collateralized primarily by pools of fixed-rate single-family mortgage loans. Monthly payments of principal and interest made by the individual borrowers on the mortgage loans underlying the pools are "passed through" to the security holders, after deducting GSE or U.S. Government agency guarantee and servicer fees. In general, mortgage pass-through certificates distribute cash flows from the underlying collateral on a pro-rata basis among the security holders. Security holders also receive guarantor advances of principal and interest for delinquent loans in the mortgage pools.

27


As discussed in Executive Overview, we chose to sell our higher coupon RMBS when interest rates rallied in early March in order to monetize gains, increase our liquidity position, and decrease our leverage. The following tables compare our fixed-rate Agency RMBS investments including TBA dollar roll positions as of the dates indicated:

March 31, 2020
Par
Amortized Cost/
Implied Cost
Basis (1)(3)
Fair
Value (2)(3)
Weighted Average
Coupon
Loan Age
(in months) (4)
3 Month
CPR (4)(5)
Estimated Duration (6)
30-year fixed-rate:($ in thousands)
2.5%$109,577  $108,330  $113,571  61.8 %2.31
4.0%758,614  779,101  817,865  2316.6 %1.99
TBA 4.0%(515,000) (544,319) (549,521) n/an/a-0.04
Total 30-year fixed-rate$353,191  $343,112  $381,915  21  15.0 %1.29  
December 31, 2019
Par
Amortized Cost/
Implied Cost
Basis (1)(3)
Fair
Value (2)(3)
Weighted Average
Coupon
Loan Age
(in months) (4)
3 Month
CPR (4)(5)
Estimated Duration (6)
30-year fixed-rate:($ in thousands)
2.5%$110,610  $109,341  $109,409   — %5.15  
3.0%307,380  310,486  314,159  25  9.4 %4.04  
3.5%538,551  549,735  562,921  11  10.9 %2.64  
4.0%1,352,730  1,384,913  1,429,547  20  23.5 %2.28  
4.5%254,413  264,979  272,037  13  29.9 %1.55  
TBA 2.5%135,000  133,059  133,513  n/a  n/a  5.10  
TBA 3.0%300,000  308,268  308,648  n/a  n/a  1.90  
TBA 4.0%(500,000) (519,143) (520,117) n/a  n/a  1.28  
Total 30-year fixed-rate$2,498,684  $2,541,638  $2,610,117  17  18.9 %2.91  
(1) Implied cost basis of TBAs represents the forward price to be paid (received) for the underlying Agency MBS as if settled.
(2) Fair value of TBAs is the implied market value of the underlying Agency security as of the end of the period if settled.
(3) TBAs are included on the consolidated balance sheet within “derivative assets/liabilities” at their net carrying value which is the difference between their implied market value and implied cost basis. Please refer to Note 4 of the Notes to the Unaudited Consolidated Financial Statements for additional information.
(4) TBAs are excluded from this calculation as they do not have a defined weighted-average loan balance or age until mortgages have been assigned to the pool.
(5) Constant prepayment rate (“CPR”) represents the 3-month CPR of Agency RMBS held as of date indicated. Securities with no prepayment history are excluded from this calculation.
(6) Duration measures the sensitivity of a security's price to the change in interest rates and represents the percent change in price of a security for a 100-basis point increase in interest rates. We calculate duration using third-party financial models and empirical data. Different models and methodologies can produce different estimates of duration for the same securities.


CMBS. The majority of our Agency CMBS are backed by multifamily housing loans. Loans underlying CMBS are generally fixed-rate with scheduled principal payments generally assuming a 30-year amortization period, but typically requiring balloon payments on average approximately 10 years from origination. These loans typically have some form of
28


prepayment protection provisions, such as yield maintenance or defeasance provisions, which provide us compensation if underlying loans prepay prior to us earning our expected return on our investment. Yield maintenance and prepayment penalty requirements are intended to create an economic disincentive for the loans to prepay, which makes the fair value of CMBS less costly to hedge relative to RMBS.

The following table presents information about our CMBS investments (including securities pending settlement) by year of origination as of the dates indicated:
March 31, 2020December 31, 2019
($ in thousands)Par ValueAmortized Cost
Months to Estimated Maturity (1)
WAC (2)
Par ValueAmortized Cost
Months to Estimated Maturity (1)
WAC (2)
Year of Origination:
Prior to 2009$13,206  $12,902  295.74 %$13,441  $13,080  305.74 %
2009 to 201217,975  18,781  615.00 %28,141  29,153  344.99 %
2013 to 201411,238  11,459  2633.65 %11,294  11,528  593.65 %
2015174,822  176,543  1012.86 %175,219  177,023  872.86 %
201619,808  19,644  1062.62 %19,910  19,742  1092.62 %
2017339,904  341,338  983.29 %340,638  342,158  1013.07 %
2018329,958  329,743  1243.55 %330,180  329,984  1273.68 %
2019820,069  829,881  1313.50 %972,646  983,435  1343.27 %
2020 (3)
378,970  381,910  
(3)
1.81 %—  —  — %
$2,105,950  $2,122,201  1193.14 %$1,891,469  $1,906,103  1203.30 %
(1) Months to estimated maturity is an average weighted by the amortized cost of the investment.
(2) The weighted average coupon (“WAC”) is the gross interest rate of the security weighted by the outstanding principal balance.
(3) The securities originated in 2020 were unsettled as of March 31, 2020.

As disclosed in Note 7 of the Notes to the Unaudited Consolidated Financial Statements, the Federal Reserve announced in the last week of March 2020 its intent to buy Agency CMBS. This announcement improved liquidity in the Agency CMBS market, and thus we chose to monetize gains subsequent to March 31, 2020 by selling Agency CMBS with an amortized cost of $1.3 billion, the majority of which occurred in the first week of April. These sales consisted of more recently originated securities with a combined weighted average coupon of approximately 3.32%. The proceeds from these sales has increased our cash available for future reinvestment and further lowered our leverage since March 31, 2020.

CMBS IO. We invest in both Agency-issued and non-Agency issued CMBS IO which are interest-only securities issued as part of a CMBS securitization and represent the right to receive a portion of the monthly interest payments (but not principal cash flows) on the unpaid principal balance of the underlying pool of commercial mortgage loans, commonly referred to as the notional amount. The weighted average interest rate for our CMBS IO was 0.66% as of March 31, 2020, unchanged from December 31, 2019. The loans collateralizing Agency-issued CMBS IO pools are similar in composition to
29


the pools of loans that collateralize CMBS as discussed above. Non-Agency issued CMBS IO are backed by loans secured by a number of different property types which are shown in the table below as of March 31, 2020:

March 31, 2020
($ in thousands)Fair ValuePercentage of Portfolio
Property Type:
Retail$49,008  27.8 %
Office37,144  21.1 %
Multifamily32,413  18.4 %
Hotel23,202  13.2 %
Mixed use11,396  6.5 %
Other (1)
22,946  13.0 %
Total non-Agency CMBS IO$176,109  100.0 %
(1) Other property types collateralizing non-Agency CMBS IO do not comprise more than 5% individually.

Yields on CMBS IO securities are dependent upon the performance of the underlying loans. Similar to CMBS described above, the Company receives prepayment compensation as most loans in these securities have some form of prepayment protection from early repayment. Our return on these investments may be negatively impacted, however, by involuntary prepayments including defaults, foreclosures, or liquidations resulting in amounts being partially or wholly repaid prior to its contractual maturity date because of loss mitigation actions taken by the underlying loan servicer. In order to manage our exposure to credit performance, we generally invest in senior tranches of these securities and where we have evaluated the credit profile of the underlying loan pool and can monitor credit performance. In addition, to address changes in market fundamentals and the composition of mortgage loans collateralizing an investment, we consider the year of origination of the loans underlying CMBS IO in our selection of investments. As of March 31, 2020 and December 31, 2019, approximately 61% of our CMBS IO are Agency-issued securities which generally contain higher credit quality loans that are expected to have a lower risk of default than non-Agency CMBS IO. In addition, the majority of our non-Agency CMBS IO investments are investment grade-rated with the majority rated ‘AAA’ by at least one of the nationally recognized statistical rating organizations. All of our non-Agency CMBS IO were originated prior to 2017.

30


The following table presents our CMBS IO investments by year of origination as of the dates indicated:
March 31, 2020December 31, 2019
($ in thousands)Amortized CostFair Value
Remaining WAL (1)
Amortized CostFair Value
Remaining WAL (1)
Year of Origination:
2010-2012$29,680  $29,527  18  $35,320  $35,478  19  
201347,386  47,917  16  52,195  53,676  17  
201495,986  95,945  23  102,888  104,912  24  
2015102,452  102,889  29  108,503  112,049  30  
201646,004  45,471  34  48,021  49,333  35  
201738,342  38,072  43  39,713  41,163  44  
20184,042  3,936  64  4,117  4,288  66  
201995,317  91,492  62  97,388  98,143  64  
20203,466  3,240  55  —  —  —  
$462,675  $458,489  34  $488,145  $499,042  35  
(1) Remaining weighted average life (“WAL”) represents an estimate of the number of months of interest earnings remaining for the investments by year of origination.

Repurchase Agreements
 
We use leverage to enhance the returns on our invested capital by pledging our investments as collateral for borrowings primarily through the use of uncommitted repurchase agreements with major financial institutions and broker-dealers. Repurchase agreements generally have original terms to maturity of overnight to six months, though in some instances we may enter into longer-dated maturities depending on market conditions. We pay interest on our repurchase agreement borrowings at a rate usually based on a spread to a short-term interest rate such as LIBOR and fixed for the term of the borrowing.
Please refer to Note 3 of the Notes to the Unaudited Consolidated Financial Statements contained within this Quarterly Report on Form 10-Q as well as “Results of Operations” and “Liquidity and Capital Resources” contained within this Item 7 for additional information relating to our repurchase agreement borrowings.

Derivative Assets and Liabilities

We use derivative instruments to economically hedge our exposure to adverse changes in interest rates resulting from our ownership of primarily fixed-rate investments financed with short-term repurchase agreements. Changes in interest rates can impact net interest income, the market value of our investments, and book value per common share. We regularly monitor and frequently adjust our hedging portfolio in response to many factors including, but not limited to, changes in our investment portfolio as well as our expectation of future interest rates, including the absolute level of rates and the slope of the yield curve versus market expectations. Please refer to “Quantitative and Qualitative Disclosures about Market Risk” in Part I, Item 3 of this Quarterly Report on Form 10-Q for more information.
31



Prior to the end of the first quarter of 2020, we primarily used interest rate swaps to hedge a portion of our earnings and book value exposure to fluctuations in interest rates. Because we sold a substantial portion of our Agency RMBS when interest rates rallied, we terminated the majority of our interest rate swaps. We partially replaced these terminated hedges by increasing our options on U.S. Treasury futures and adding short positions in U.S. Treasury futures. Given management's expectations of stable funding rates on repurchase agreement borrowings for the foreseeable future, we believe U.S. Treasury futures and options will be more effective as hedges of our portfolio risks today. Furthermore, though this change to the hedging portfolio removes the majority of the net periodic interest benefit the Company will receive to offset future interest expense from repurchase agreement borrowings, management believes U.S. Treasury futures to be more liquid and have more favorable margin requirements than interest rate swaps. Please refer to Note 4 of the Notes to the Unaudited Consolidated Financial Statements for details on our interest rate derivative instruments as of March 31, 2020 and December 31, 2019.



RESULTS OF OPERATIONS

The discussion below includes both GAAP and non-GAAP financial measures that management utilizes in its internal analysis of financial and operating performance. Please read the section “Non-GAAP Financial Measures” at the end of “Executive Overview” contained in Item 2 of this Quarterly Report on Form 10-Q for additional important information about these measures.


Net Interest Income for the Three Months Ended March 31, 2020 Compared to the Three Months Ended March 31, 2019

The following table presents certain information about our interest-earning assets and interest-bearing liabilities and their performance for the three months ended March 31, 2020 and March 31, 2019:
Three Months Ended
March 31,
20202019
($ in thousands)Interest Income/Expense
Average Balance (1)(2)
Effective Yield/
Cost of
Funds (3)(4)
Interest Income/Expense
Average Balance (1)(2)
Effective Yield/
Cost of
Funds (3)(4)
Interest-earning assets:
Agency RMBS$19,289  $2,514,228  3.07 %$23,634  $2,636,791  3.59 %
Agency CMBS15,222  1,899,226  3.16 %9,132  1,200,521  3.04 %
CMBS IO (5)
4,655  475,404  3.73 %6,395  517,868  4.04 %
Non-Agency MBS and other investments (6)
656  10,274  7.55 %796  13,060  8.83 %
Total:$39,822  $4,899,132  3.18 %$39,957  $4,368,240  3.51 %
Interest-bearing liabilities: (7)
$22,101  $4,703,511  1.86 %$26,276  $3,934,732  2.67 %
Net interest income/net interest spread$17,721  1.32 %$13,681  0.84 %
(1) Average balance for assets is calculated as a simple average of the daily amortized cost and excludes unrealized gains and losses as well as securities pending settlement if applicable.
(2) Average balance for liabilities is calculated as a simple average of the daily borrowings outstanding during the period.
(3) Effective yield is calculated by dividing the sum of gross interest income and scheduled premium amortization/discount accretion (both of which are annualized for any reporting period less than 12 months) and prepayment compensation
32


and premium amortization/discount accretion adjustments (collectively, "prepayment adjustments"), which are not annualized, by the average balance of asset type outstanding during the reporting period.
(4) Cost of funds is calculated by dividing annualized interest expense by the total average balance of borrowings outstanding during the period with an assumption of 360 days in a year.
(5) Includes Agency and non-Agency issued securities.
(6) Interest income for non-Agency and other investments includes $0.4 million and $0.5 million of interest income from cash and cash equivalents for the three months ended March 31, 2020 and March 31, 2019, respectively. Average balance and yields excludes cash and cash equivalents.
(7) Interest-bearing liabilities consist primarily of repurchase agreement borrowings.

Rate/Volume Analysis. The following table presents the estimated impact on our net interest income due to changes in rate (effective yield/cost of funds) and changes in volume (average balance) of our interest-earning assets and interest-bearing liabilities for the periods indicated:
Three Months Ended
March 31, 2020 Compared to March 31, 2019
Increase (Decrease) Due to Change InTotal Change in Interest Income/Expense
($ in thousands)RateVolume
Prepayment Adjustments (1)
Interest-earning assets:
Agency RMBS$(3,303) $(1,042) $—  $(4,345) 
Agency CMBS588  5,451  51  6,090  
CMBS IO (2)
(86) (391) (1,263) (1,740) 
Non-Agency MBS and other investments(4) (138)  (140) 
Change in interest income$(2,805) $3,880  $(1,210) $(135) 
Change in interest expense(9,470) 5,295  —  (4,175) 
Total net change in net interest income$6,665  $(1,415) $(1,210) $4,040  
(1) Prepayment adjustments represent effective interest amortization adjustments related to changes in actual prepayment speeds and prepayment compensation, net of amortization adjustments for CMBS and CMBS IO and are not annualized in the calculation of effective yield.
(2) Includes Agency and non-Agency issued securities.


Management expects net interest income to decrease in future periods as the size of our investment portfolio on which we earn interest income has declined substantially and we anticipate a slower pace of reinvestment of the proceeds relative to prior periods.

Adjusted Net Interest Income for the Three Months Ended March 31, 2020 Compared to the Three Months Ended March 31, 2019

Management includes drop income from TBA dollar roll positions and net periodic interest benefit of interest rate swaps in a non-GAAP financial measure “adjusted net interest income” when evaluating the economic performance of its investments and financings. Please refer to “Non-GAAP Financial Measures” at the end of “Executive Overview” of this Item 2 of this Quarterly Report on Form 10-Q for additional information.
33


Three Months Ended
March 31,
20202019
($ in thousands)AmountRateAmountRate
Net interest income$17,721  1.32 %$13,681  0.84 %
Add: TBA drop income (1) (2)
739  (0.03)%1,963  (0.03)%
Add: net periodic interest benefit (3)
2,064  0.18 %3,897  0.40 %
De-designated cash flow hedge accretion (4)
—  — %(165) (0.02)%
Adjusted net interest income  $20,524  1.47 %$19,376  1.19 %

(1) TBA drop income is calculated by multiplying the notional amount of the TBA dollar roll positions by the difference in price between two TBA securities with the same terms but different settlement dates.
(2) The impact of TBA drop income on adjusted net interest spread includes the implied average funding cost of TBA dollar roll transactions during the periods indicated.
(3) Amount represents net periodic interest benefit of effective interest rate swaps outstanding during the period and excludes realized and unrealized gains and losses from changes in fair value of derivatives.
(4) Amount recorded as a portion of "interest expense" in accordance with GAAP related to the accretion of the balance remaining in accumulated other comprehensive loss as a result of the Company's discontinuation of cash flow hedge accounting effective June 30, 2013.

Management expects adjusted net interest income to decrease in future periods as the size of our investment portfolio on which we earn interest income has declined and, as discussed further below under “Loss on Derivative Instruments, Net”, we terminated the majority of our interest rate swaps on which we have been earning a net periodic interest benefit.

Gain on Sale of Investments, Net

We sell our investments in the ordinary course of business as we manage our risk, capital and liquidity profiles, and as we reallocate capital to various investments. As discussed in “Executive Overview”, interest rates rallied early to mid-March of 2020, and we chose to realize gains on our assets. None of our asset sales during the first quarter or subsequent to March 31, 2020 were made under duress. The following table provide information related to our realized gains (losses) on sales of investments for the periods indicated (1):
Three Months Ended
March 31,
20202019
($ in thousands)Amortized cost basis soldGain (loss) on sale of investments, netAmortized cost basis soldGain (loss) on sale of investments, net
Agency RMBS-fixed rate$1,753,256  $64,094  $—  $—  
Agency CMBS152,995  20,689  —  —  
$1,906,251  $84,783  $—  $—  
(1) Information regarding unrealized gains (losses) on investments during the periods indicated are included under "Results
of Operations-Other Comprehensive Income (Loss)" within this Item 2.


Loss on Derivative Instruments, Net

Changes in the fair value of derivative instruments and net periodic interest benefits/costs are impacted by changing market interest rates and adjustments that we may make to our hedging positions in any given period. Because of the changes
34


made to our derivatives portfolio from one reporting period to the next, results of any given reporting period are generally not comparable to results of another.

The following table provides information on our financial instruments accounted for as derivative instruments for the periods indicated:
Three Months Ended
March 31,
($ in thousands)20202019
Interest rate derivatives:
Interest rate swaps:
Net periodic interest benefit$2,064  $3,897  
Change in fair value (1)
(184,245) (75,661) 
Total interest rate swap (loss) gain, net(182,181) (71,764) 
Interest rate swaptions:
Change in fair value (1)
(573) —  
Eurodollar and U.S. Treasury Futures:
Change in fair value (1)
(8,447) (109) 
Total interest rate derivative (loss) gain, net(191,201) (71,873) 
TBA dollar roll positions:
Change in fair value (2)
5,622  8,213  
TBA drop income (3)
739  1,963  
Total TBA dollar roll gains (losses), net6,361  10,176  
Options on U.S. Treasury futures
Change in fair value (1)
(10,727) —  
Total loss on derivative instruments, net$(195,567) $(61,697) 
(1) Changes in fair value for interest rate derivatives and options include unrealized gains (losses) from current and forward starting derivative instruments and realized gains (losses) from terminated derivative instruments.
(2) Changes in fair value for TBA dollar roll positions include unrealized gains (losses) from open TBA contracts and realized gains (losses) on paired off or terminated positions.
(3) TBA drop income represents a portion of the change in fair value and is calculated by multiplying the notional amount of the net TBA dollar roll positions by the difference in price between two TBA securities with the same terms but different settlement dates.

We used interest rate swaps to hedge the impact of changing rates on our repurchase agreement borrowings and the fair value of our Agency RMBS. Because we had substantial sales of Agency RMBS in early March and interest rates rallied, we chose to terminate the majority of our interest rate swaps before the end of the first quarter as noted previously. In addition, we expect a smaller average balance of repurchase agreement borrowings at more stable funding rates relative to the recent past, further reducing our need to use interest rate swaps as economic hedges. As a result of these terminations, our net periodic interest benefit from interest rate swaps for the three months ended March 31, 2020 decreased $1.8 million compared to the three months ended March 31, 2019. This decline was also partially due to a decrease of 10 basis points in our average net receive rate for the first quarter of 2020 compared to the same period in 2019. The table below shows our interest rate swap hedge position as a percentage of our average repurchase agreement borrowings and long TBAs outstanding and details about our net receive rates for the periods indicated:
35


Three Months Ended
March 31,
($ in thousands)20202019
Average repurchase agreement borrowings outstanding$4,701,010  $3,931,335  
Average TBA long positions outstanding - at cost (1)
381,712  726,826  
Average borrowings and TBA long positions outstanding5,082,722  4,658,161  
Average notional amount of interest rate swaps outstanding (excluding forward starting swaps)2,900,769  4,154,778  
Ratio of average interest rate swaps to average borrowings and TBA long positions outstanding (1)
0.60.9  
Average interest rate swap pay-fixed rate (excluding forward starting swaps)(1.54)%(2.37)%
Average interest rate swap receive-floating rate1.82 %2.75 %
Average interest rate swap net receive rate0.28 %0.38 %
(1) We include TBA long positions in this ratio because we use interest rate swaps to hedge a portion of the impact of changing interest rates on the fair value and implied financing cost of our TBA long positions and our repurchase agreement financing costs. This ratio calculation does not include TBA net short positions which the Company may also use to hedge the impact of changing interest rates on its specified pools of Agency RMBS and TBA long positions.

Changes in fair value of our derivative instruments consist of unrealized gains (losses) on instruments held as of the end of the period and realized gains (losses) from instruments terminated or paired off during the period. The following table provides information regarding realized gains (losses) on derivative instruments for the periods indicated:
Three Months Ended
March 31,
20202019
($ in thousands)Realized Gain (Loss) NotionalRealized Gain (Loss)Notional
Interest rate swaps$(183,773) $6,065,000  $(6,794) $875,000  
Interest rate swaptions(1,934) 750,000  —  —  
U.S. Treasury futures(10) 300,000  (1,327) 50,000  
TBA long positions19,266  2,340,000  10,497  2,865,000  
TBA short positions(7,843) 815,000  —  —  
Options on U.S. Treasury futures(2,422) 300,000  —  —  
Total$(176,716) $10,570,000  $2,376  $3,790,000  

Please refer to “Liquidity and Capital Resources” for information regarding recognition of deferred tax hedge losses for terminated derivative instruments.

General and Administrative Expenses

General and administrative expenses increased for the three months ended March 31, 2020 compared to the three months ended March 31, 2019 due to higher legal expenses of $0.4 million and higher employee compensation of $0.2 million.



36


LIQUIDITY AND CAPITAL RESOURCES
 
 Our primary sources of liquidity include borrowings under repurchase arrangements and monthly principal and interest payments we receive on our investments. Additional sources may also include proceeds from the sale of investments, equity offerings, and payments received from counterparties from interest rate swap agreements and other derivative instruments. We use our liquidity to purchase investments and to pay our operating expenses and dividends on our common and preferred stock. We also use our liquidity to meet margin requirements for our repurchase agreements and derivative transactions, including TBA contracts, under the terms of the related agreements. We may also use liquidity to repurchase shares of our common stock periodically.
 
Our liquidity fluctuates based on our investment activities, our financing and capital raising activities, and changes in the fair value of our investments and derivative instruments. We seek to maintain sufficient liquidity to support our operations and to meet our anticipated liquidity demands, including potential margin calls (or “haircuts” as described in our 2019 Form 10-K). Our most liquid assets include unrestricted cash and cash equivalents and unencumbered Agency RMBS, CMBS, and CMBS IO which were $155.4 million as of March 31, 2020 compared to $224.0 million as of December 31, 2019. The decline in our liquidity during the quarter resulted principally from margin calls on our investments and derivative securities as noted below.
We perform sensitivity analysis on our liquidity based on changes in the fair value of our investments due to, among other things, changes in the absolute level of interest rates and the shape of the yield curve, credit spreads, lender haircuts, and prepayment speeds as well as changes in the fair value of our derivative instruments due to changes in the absolute level of interest rates and the shape of the yield curve. In performing this analysis, we will also consider the current state of the fixed income markets and the repurchase agreement markets in order to determine if market forces such as supply-demand imbalances or structural changes to these markets could change the liquidity of MBS or the availability of financing. The objective of our analysis is to assess the adequacy of our liquidity to withstand potential adverse events, such as the current pandemic. We may change our leverage targets based on market conditions and our perceptions of the liquidity of our investments. Our leverage as of March 31, 2020 was 8.8 times shareholders’ equity which included $1.4 billion of our repurchase agreement borrowings that we settled in early April using proceeds from Agency MBS sales of $1.4 billion that collateralized those borrowings. In addition, as discussed in Note 7 of our Notes to the Unaudited Consolidated Financial Statements, we have sold $1.3 billion in Agency CMBS since March 31, 2020. The subsequent settlement of the combined $2.7 billion in Agency MBS sales has materially reduced our leverage since March 31, 2020 to approximately 4 times shareholders’ equity.

Impact of COVID-19 on Our Liquidity and Leverage

Though we ended the first quarter in what we believe to be a strong position of liquidity and leverage, the market volatility experienced during the latter half of the first quarter as a result of the COVID-19 pandemic did present challenges. Prices on our investments declined, which resulted in margin calls from our lenders. Our weighted average haircut for borrowings collateralized with CMBS IO increased slightly to 13.4% as of March 31, 2020 compared to 12.8% as of December 31, 2019 as certain repurchase agreement counterparties increased their required haircut for CMBS IO between 5% and 10% during the first quarter. Our weighted average haircut for borrowings collateralized with Agency CMBS or RMBS remained relatively unchanged at 4.6% as of March 31, 2020. The clearing facility for our interest rate swap agreements increased margin requirements primarily due to market volatility, but we believe this was also due, in part, to the inability of several of our competitors to meet margin calls. Though we were able to fund all margin calls and increased collateral requirements on a timely basis from our existing liquidity, our previously noted decisions to sell the Agency RMBS and CMBS were partly due to increasing uncertainty about future liquidity due to the medium-term and long-term implications from a prolonged economic slowdown. However, we were primarily influenced by improved asset prices resulting from the Federal Reserve’s announcements of purchase programs.

 Our repurchase agreement borrowings are principally uncommitted with terms renewable at the discretion of our lenders and have short-term maturities. As such, we attempt to maintain unused capacity under our existing repurchase agreement credit lines with multiple counterparties, which helps protect us in the event of a counterparty's failure to renew existing repurchase agreements. We were able to renew repurchase agreement borrowings during the first quarter of 2020
37


without exception. In addition, and as part of our continuous evaluation of counterparty risk, we reduced our exposure to favor broker dealer subsidiaries of regulated financial institutions whom we believe are better capitalized entities.

The following table presents information regarding the balances of our repurchase agreement borrowings for the periods indicated:
Repurchase Agreements
($ in thousands)Balance Outstanding As of
Quarter End
Average Balance Outstanding For the Quarter EndedMaximum Balance Outstanding During the Quarter Ended
March 31, 2020$4,408,106  $4,701,010  $4,917,731  
December 31, 20194,752,348  4,806,826  4,891,341  
September 30, 20194,872,869  4,955,825  5,191,378  
June 30, 20194,815,452  4,562,992  4,815,452  
March 31, 20194,252,893  3,931,335  4,266,684  

The counterparties with whom we have the greatest amounts of equity at risk may vary significantly during any given period due to the short-term and generally uncommitted nature of the repurchase agreement borrowings. Equity at risk represents the potential loss to the Company if the counterparty is unable or unwilling to return collateral securing the repurchase agreement borrowing at its maturity. As of March 31, 2020, the Company had repurchase agreement amounts outstanding with 22 of its 38 available repurchase agreement counterparties. Please refer to Note 3 of the Notes to the Unaudited Consolidated Financial Statements for information regarding counterparties with whom we have the greatest amount of equity at risk as of March 31, 2020.

We have various financial and operating covenants in certain of our repurchase agreements including, among other things, requirements that we maintain minimum shareholders' equity (usually a set minimum, or a percentage of the highest amount of shareholders' equity since the date of the agreement), limits on maximum decline in shareholders' equity (expressed as a percentage decline in any given period), limits on maximum leverage (as a multiple of shareholders' equity), and requirements to maintain our status as a REIT and to maintain our listing on the New York Stock Exchange. Violations of one or more of these covenants could result in the lender declaring an event of default which would result in the termination of the repurchase agreement and immediate acceleration of amounts due thereunder. In addition, some of the agreements contain cross default features, whereby default with one lender simultaneously causes default under agreements with other lenders. Violations could also restrict us from paying dividends or engaging in other transactions that are necessary for us to maintain our REIT status.

We monitor and evaluate on an ongoing basis the impact these customary financial covenants may have on our operating and financing flexibility. Currently, we do not believe we are subject to any covenants that materially restrict our financing flexibility. Though the recent market disruption caused by the global response to the COVID-19 pandemic has resulted in the industry issues described above, we were in full compliance with our debt covenants as of March 31, 2020, and we are not aware of any circumstances which could potentially result in our non-compliance in the foreseeable future.

Derivative Instruments

We are party to certain types of financial instruments that are accounted for as derivative instruments including interest rate swaps, futures, options, and long and short positions in TBA securities. Certain of these derivative instruments may require us to post initial margin at inception and daily variation margin based on subsequent changes in their fair value. In the case of interest rate swaps, our clearing counterparty has the right to require higher initial margin in volatile market conditions. The collateral posted as margin by us is typically in the form of cash or Agency MBS. Counterparties may have to post variation margin to us. Generally, as interest rates decline, we will be required to post collateral with counterparties on
38


our interest rate derivatives and vice versa as interest rates increase. As of March 31, 2020, we had cash of $59.2 million posted as collateral under these agreements.
Our TBA contracts are subject to master securities forward transaction agreements published by the Securities Industry and Financial Markets Association as well as supplemental terms and conditions with each counterparty. Under the terms of these agreements, we may be required to pledge collateral to, or have the right to receive collateral from, our counterparties when initiated or in the event the fair value of our TBA contracts declines. Declines in the fair value of TBA contracts are generally related to such factors as rising interest rates, increases in expected prepayment speeds, or widening spreads. Our TBA contracts generally provide that valuations for our TBA contracts and any pledged collateral are to be obtained from a generally recognized source agreed to by both parties. However, in certain circumstances, our counterparties have the sole discretion to determine the value of the TBA contract and any pledged collateral. In such instances, our counterparties are required to act in good faith in making determinations of value. In the event of a margin call, we must generally provide additional collateral on the same business day.

Dividends

As a REIT, we are required to distribute to our shareholders amounts equal to at least 90% of our REIT taxable income for each taxable year after consideration of our tax NOL carryforwards, the majority of which expire by the end of this year. We generally fund our dividend distributions through our cash flows from operations. If we make dividend distributions in excess of our operating cash flows during the period, whether for purposes of meeting our REIT distribution requirements or other strategic reasons, those distributions are generally funded either through our existing cash balances or through the return of principal from our investments (either through repayment or sale). Please refer to Item 1A, “Risk Factors” of this Quarterly Report on Form 10-Q as well as the following sections of our 2019 Form 10-K for additional important information regarding dividends declared on our taxable income:

"Federal Income Tax Considerations" within Part I, Item 1, "Business”
Part II, Item 5, "Market For Registrant's Common Equity, Related Stockholder Matters, and Issuer
Purchases of Equity Securities"

There may be differences between taxable income and GAAP net income due to timing differences in the recognition of certain revenues and expenses including, for example, losses we realize from terminating derivatives prior to their maturity, which occurs as part of our portfolio and hedge management activities. Deferred tax hedge losses on terminated derivative instruments are recognized over the original periods designated by those terminated derivatives. If any of our deferred tax hedge losses result in dividend distributions to our shareholders in excess of REIT taxable income, the excess dividends distributed will be considered a return of capital to the shareholder. The following table provides the tax hedge losses as of the dates indicated that have already been recognized in our GAAP earnings but which will reduce taxable income over the next twelve years:
Tax Year of Recognition of Hedge LossesMarch 31, 2020December 31, 2019
($ in thousands)
2020$65,346  $37,954  
202152,364  28,370  
2022 and thereafter259,017  127,347  
$376,727  $193,671  


39


Contractual Obligations and Other Matters
 
There have been no material changes in our contractual obligations since December 31, 2019. As of March 31, 2020, we do not believe that any off-balance sheet arrangements exist that are reasonably likely to have a material effect on our current or future financial condition, results of operations, or liquidity other than as discussed above. In addition, we do not have any material commitments for capital expenditures and have not obtained any commitments for funds to fulfill any capital obligations.

RECENT ACCOUNTING PRONOUNCEMENTS

There were no accounting pronouncements issued during the three months ended March 31, 2020 that are expected to have a material impact on the Company’s financial condition or results of operations. Please refer to Note 1 of the Notes to the Unaudited Consolidated Financial Statements contained within Item 1 of this Quarterly Report on Form 10-Q for additional information.

CRITICAL ACCOUNTING POLICIES

The discussion and analysis of our financial condition and results of operations are based in large part upon our consolidated financial statements, which have been prepared in accordance with GAAP. The preparation of our consolidated financial statements requires management to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and disclosure of contingent assets and liabilities. We base these estimates and judgments on historical experience and assumptions believed to be reasonable under current facts and circumstances. Actual results, however, may differ from the estimated amounts we have recorded.
Critical accounting policies are defined as those that require management's most difficult, subjective or complex judgments, and which may result in materially different results under different assumptions and conditions. Our critical accounting policies are discussed in Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of our 2019 Form 10-K under “Critical Accounting Policies.” There have been no significant changes in our critical accounting policies during the three months ended March 31, 2020.



FORWARD-LOOKING STATEMENTS
 
Certain written statements in this Quarterly Report on Form 10-Q that are not historical facts constitute “forward-looking statements” within the meaning of Section 27A of the 1933 Act and Section 21E of the Exchange Act. Statements in this report addressing expectations, assumptions, beliefs, projections, future plans and strategies, future events, developments that we expect or anticipate will occur in the future, and future operating results, capital management, and dividend policy are forward-looking statements. Forward-looking statements are based upon management’s beliefs, assumptions, and expectations as of the date of this report regarding future events and operating performance, taking into account all information currently available to us, and are applicable only as of the date of this report. Forward-looking statements generally can be identified by use of words such as “believe”, “expect”, “anticipate”, “estimate”, “plan”, “may”, “will”, “intend”, “should”, “could” or similar expressions. We caution readers not to place undue reliance on our forward-looking statements, which are not historical facts and may be based on projections, assumptions, expectations, and anticipated events that do not materialize. Except as required by law, we are not obligated to, and do not intend to, update or revise any forward-looking statement whether as a result of new information, future events, or otherwise.

Forward-looking statements in this Quarterly Report on Form 10-Q may include, but are not limited to statements about:

Our business and investment strategy including our ability to generate acceptable risk-adjusted returns and our target investment allocations, and our views on the future performance of MBS and other investments;
Our views on conditions in the investment, credit, and derivatives markets;
40


Our views on the effect of actual or proposed actions of the U.S. Federal Reserve, the FOMC, or other central banks with respect to monetary policy (including the targeted Federal Funds Rate), and the potential impact of these actions on interest rates, inflation or unemployment;
The effect of regulatory initiatives of the Federal Reserve (including the FOMC), other financial regulators, and other central banks;
Our financing strategy including our target leverage ratios, our use of TBA dollar roll transactions, and anticipated trends in financing costs, and our hedging strategy including changes to the derivative instruments to which we are a party, and changes to government regulation of hedging instruments and our use of these instruments;
Our investment portfolio composition and target investments;
Our investment portfolio performance, including the fair value, yields, and forecasted prepayment speeds of our investments;
Our liquidity and ability to access financing, and the anticipated availability and cost of financing;
Our capital stock activity including the impact of stock issuances and repurchases;
The amount, timing, and funding of future dividends;
Our use of and restrictions on using our tax NOL carryforward;
The status of pending litigation;
The competitive environment in the future, including competition for investments and the availability of financing;
Estimates of future interest expenses, including related to the Company’s repurchase agreements and derivative instruments;
The status and effect of legislative reforms and regulatory rule-making or review processes, and the status of reform efforts and other business developments in the repurchase agreement financing market;
Market, industry and economic trends, and how these trends and related economic data may impact the behavior of market participants and financial regulators; and
Market interest rates and market spreads; and
Possible future effects of the COVID-19 pandemic.

Forward-looking statements are inherently subject to risks, uncertainties and other factors that could cause our actual results to differ materially from historical results or from any results expressed or implied by such forward-looking statements. Not all of these risks and other factors are known to us. New risks and uncertainties arise over time, and it is not possible to predict those events or how they may affect us. The projections, assumptions, expectations or beliefs upon which the forward-looking statements are based can also change as a result of these risks or other factors. If such a risk or other factor materializes in future periods, our business, financial condition, liquidity and results of operations may vary materially from those expressed or implied in our forward-looking statements.

While it is not possible to identify all factors that may cause actual results to differ from historical results or from any results expressed or implied by forward-looking statements, or that may cause our projections, assumptions, expectations or beliefs to change, some of those factors include the following:

the risks and uncertainties referenced in this Quarterly Report on Form 10-Q, especially those set forth under Part II, Item 1A, “Risk Factors”, and in particular the potential adverse effects of the ongoing COVID-19 pandemic and any governmental or societal responses thereto,
our ability to find suitable reinvestment opportunities;
changes in domestic economic conditions;
changes in interest rates and interest rate spreads, including the repricing of interest-earning assets and interest-bearing liabilities;
our investment portfolio performance particularly as it relates to cash flow, prepayment rates and credit performance;
the impact on markets and asset prices from changes in the Federal Reserve’s policies regarding the purchases of Agency residential and Agency commercial mortgage-backed securities and U.S. Treasuries;
actual or anticipated changes in Federal Reserve monetary policy or the monetary policy of other central banks;
41


adverse reactions in U.S. financial markets related to actions of foreign central banks or the economic performance of foreign economies including in particular China, Japan, the European Union, and the United Kingdom;
uncertainty concerning the long-term fiscal health and stability of the United States;
the cost and availability of financing, including the future availability of financing due to changes to regulation of, and capital requirements imposed upon, financial institutions;
the cost and availability of new equity capital;
changes in our use of leverage;
changes to our investment strategy, operating policies, dividend policy or asset allocations;
the quality of performance of third-party servicer providers of our loans and loans underlying our securities;
the level of defaults by borrowers on loans we have securitized;
changes in our industry;
increased competition;
changes in government regulations affecting our business;
changes or volatility in the repurchase agreement financing markets and other credit markets;
changes to the market for interest rate swaps and other derivative instruments, including changes to margin requirements on derivative instruments;
uncertainty regarding continued government support of the U.S. financial system and U.S. housing and real estate markets, or to reform the U.S. housing finance system including the resolution of the conservatorship of Fannie Mae and Freddie Mac;
the composition of the Board of Governors of the Federal Reserve System;
systems failures or cybersecurity incidents; and
exposure to current and future claims and litigation.


ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Market risk is the exposure to losses resulting from changes in market factors. Our business strategy exposes us to a variety of market risks, including interest rate, spread, prepayment, credit, and liquidity risks. These risks can and do cause fluctuations in our comprehensive income and book value as discussed below.

Interest Rate Risk

Investing in interest-rate sensitive investments such as MBS and TBA securities subjects us to interest rate risk. Interest rate risk results from investing in securities that have a fixed coupon or when the coupon may not immediately adjust for changes in interest rates. Interest rate risk also results from the mismatch between the duration of our assets versus the duration of our liabilities and hedges.

We attempt to manage our exposure to changes in interest rates by entering into interest rate hedging instruments. These instruments help offset the impact of changing interest rates on the market value of our assets and our financing costs. Changes in interest rates impact us in a variety of ways. The amount of the impact will depend on the composition of our portfolio, our hedging strategy, the effectiveness of our hedging instruments as well as the magnitude and the duration of the increase in interest rates.

We manage interest rate risk within tolerances set by our Board of Directors. Our hedging techniques are highly complex and are partly based on assumed levels of prepayments of our assets. If prepayments are slower or faster than assumed, the maturity our investments will also differ from our expectations, which could reduce the effectiveness of our hedging strategies and may cause losses on such transactions and adversely affect our cash flow. Estimates of prepayment speeds can vary significantly by investor for the same security, and therefore estimates of security and portfolio duration can vary significantly.

Changes in types of our investments, the returns earned on these investments, future interest rates, credit spreads, the shape of the yield curve, the availability of financing, and/or the mix of our investments and financings including derivative
42


instruments may cause actual results to differ significantly from the modeled results shown in the tables below. There can be no assurance that assumed events used to model the results shown below will occur, or that other events will not occur, that will affect the outcomes; therefore, the modeled results shown in the tables below and all related disclosures constitute forward-looking statements.

The table below shows the projected sensitivity of our net interest income and net periodic interest benefit/cost on our interest rate swaps as of the dates indicated assuming an instantaneous parallel shift in interest rates:
Projected Change in Net Interest Income and Net Periodic Interest Benefit/Cost Due To
Decrease in Interest Rates ofIncrease in Interest Rates of
50 Basis Points25 Basis Points25 Basis Points50 Basis Points
March 31, 202010.4 %9.1 %(8.1)%(16.7)%
December 31, 20192.3 %1.3 %(2.2)%(4.8)%
(1) Includes estimated changes in net interest income as well as net periodic interest benefit/cost on our interest rate swaps recorded in “gain (loss) on derivatives instruments, net” and does not include estimated changes to TBA drop income generated by TBA dollar roll transactions, which are accounted for as derivative instruments in accordance with GAAP.

The projected sensitivity to changes in interest rates on our net interest income and net periodic interest benefit from interest rate swaps shown in the table above as of March 31, 2020 has materially changed since December 31, 2019 due to the termination of the majority of our interest rate swaps. We terminated the majority of our interest rate swaps given the significant rally in interest rates during the first quarter and our outlook for stable funding costs in the short-term. We have shifted our interest rate hedging strategy to include options and futures with the principal intention of protecting book value and our capital position. We expect that the absolute level of net interest income and net periodic interest benefit/cost will decline in the second quarter of 2020 due to the significant reduction in the size of our investment portfolio mentioned previously and because we have lifted the majority of our interest rate swaps.

The table below shows the projected sensitivity of the market value of our financial instruments(1) and the percentage change in shareholders’ equity assuming an instantaneous parallel shift in market interest rates as of the dates indicated:
43


March 31, 2020
Decrease in Interest Rates ofIncrease in Interest Rates of
100 Basis Points50 Basis Points50 Basis Points100 Basis Points
Type of
Instrument (1)
% of Market Value% of Total Equity% of Market Value% of Total Equity% of Market Value% of Total Equity% of Market Value% of Total Equity
RMBS0.1 %0.8 %0.2 %1.3 %(0.3)%(2.1)%(0.8)%(5.1)%
CMBS3.7 %24.8 %2.6 %17.5 %(2.5)%(16.7)%(4.8)%(32.6)%
CMBS IO0.2 %1.3 %0.2 %1.1 %(0.2)%(1.1)%(0.3)%(2.1)%
TBAs0.1 %0.5 %— %0.1 %— %— %0.1 %0.5 %
Interest rate hedges(2.0)%(13.4)%(1.6)%(10.9)%1.8 %12.5 %4.2 %28.4 %
Total2.1 %14.0 %1.4 %9.1 %(1.2)%(7.4)%(1.6)%(10.9)%
December 31, 2019
Decrease in Interest Rates byIncrease in Interest Rates by
100 Basis Points50 Basis Points50 Basis Points100 Basis Points
Type of
Instrument (1)
% of Market Value% of Total Equity% of Market Value% of Total Equity% of Market Value% of Total Equity% of Market Value% of Total Equity
RMBS0.4 %3.8 %0.5 %4.2 %(0.9)%(7.8)%(2.1)%(18.3)%
CMBS3.3 %29.1 %1.6 %14.2 %(1.5)%(13.5)%(3.0)%(26.4)%
CMBS IO0.3 %2.4 %0.1 %1.1 %(0.1)%(1.1)%(0.2)%(2.2)%
TBAs0.1 %1.0 %0.1 %0.5 %(0.1)%(0.5)%(0.1)%(1.1)%
Interest rate hedges(3.0)%(26.5)%(1.5)%(13.2)%2.3 %20.8 %5.2 %46.5 %
Total1.1 %9.8 %0.8 %6.8 %(0.3)%(2.1)%(0.2)%(1.5)%
(1)Changes in market value of our financings are excluded because they are not carried at fair value on our balance sheet. The projections for market value do not assume any change in credit spreads.

Management also considers changes in the shape of the interest rate curves in assessing and managing portfolio interest rate risk. Often interest rates do not move in a parallel fashion from quarter to quarter. The table below shows the percentage change in projected market value of our financial instruments (1) for instantaneous changes in the shape of the U.S. Treasury (“UST”) curve (with similar changes to the interest rate swap curves) as of the dates indicated:
March 31, 2020December 31, 2019
Basis Point Change inPercentage Change inPercentage Change in
2-year UST10-year UST
Market Value of
Investments (1)
Shareholders’
Equity
Portfolio Duration
Market Value of
Investments (1)
Shareholders’ EquityPortfolio Duration
+25+50(1.1)%(7.7)%102.0 %(0.3)%(2.9)%114.0 %
+50+25(0.6)%(4.1)%101.0 %(0.2)%(1.9)%108.0 %
+50+100(1.9)%(12.8)%104.0 %(0.4)%(3.4)%126.0 %
-2500.1 %0.9 %100.0 %— %(0.3)%98.0 %
-25-752.0 %13.4 %97.0 %1.0 %9.0 %74.0 %
-50-100.5 %3.2 %99.0 %0.1 %1.0 %94.0 %
(1)Includes changes in market value of our investments and derivative instruments, including TBA securities, but excludes changes in market value of our financings because they are not carried at fair value on our balance sheet. The projections for market value do not assume any change in credit spreads.
44



As stated in Note 7 of our Notes to the Unaudited Consolidated Financial Statements, we had significant sales of Agency CMBS subsequent to March 31, 2020. These sales have reduced the size of our investment portfolio and its duration and as such, the projected sensitivity to changes in interest rates on the market value of our investments has declined from what is shown in the tables above.

Spread Risk

Spread risk is the risk of loss from an increase in the market spread between the yield on an investment versus its benchmark index. Changes in market spreads represent the market's valuation of the perceived riskiness of an asset relative to risk-free rates, and widening spreads reduce the market value of our investments as market participants require additional yield to hold riskier assets. Market spreads could change based on macroeconomic or systemic factors as well as the factors specific to a particular security such as prepayment performance or credit performance. Other factors that could impact credit spreads include technical issues such as supply and demand for a particular type of security or FOMC monetary policy. Likewise, most of our investments are fixed-rate or reset in rate over a period of time, and as interest rates rise, we would expect the market value of these investments to decrease. While we use derivative instruments to mitigate interest rate risk on our financial instruments, we do not hedge spread risk given the complexity of hedging credit spreads and the lack of liquid instruments available to use as hedges.

Fluctuations in spreads typically vary based on the type of investment. Sensitivity to changes in market spreads is derived from models that are dependent on various assumptions, and actual changes in market value in response to changes in market spreads could differ materially from the projected sensitivity if actual conditions differ from these assumptions.

The Company's exposure to changes to market spreads did not materially shift as of March 31, 2020 versus December 31, 2019. The table below shows the projected sensitivity of the market value of our investments (1) given the indicated change in market spreads as of the dates indicated:
March 31, 2020December 31, 2019
Percentage Change inPercentage Change in
Basis Point Change in Market Spreads
Market Value of Investments (1)
Shareholders’ Equity
Market Value of Investments (1)
Shareholders’ Equity
+20/+50 (2)
(1.3)%(8.8)%(1.2)%(11.1)%
+10(0.6)%(4.1)%(0.6)%(5.2)%
-100.6 %4.1 %0.6 %5.4 %
-20/-50 (2)
1.3 %8.8 %1.3 %11.6 %
(1) Includes changes in market value of our MBS investments, including TBA securities.
(2) Assumes a 20-basis point shift in Agency and non-Agency RMBS and CMBS and a 50-basis point shift in Agency
and non-Agency CMBS IO.

Prepayment Risk

Prepayment risk is the risk of an early, unscheduled return of principal on an investment. We are subject to prepayment risk from premiums paid on investments, which are amortized as a reduction in interest income using the effective yield method under GAAP. Our comprehensive income and book value per common share may also be negatively impacted by prepayments if the fair value materially exceeds the par balance of the underlying security. Principal prepayments on our investments are influenced by changes in market interest rates and a variety of economic, geographic, government and GSE policy with respect to loan forbearance and delinquent loan buy-outs and other factors beyond our control.

Loans underlying our CMBS and CMBS IO securities typically have some form of prepayment protection provisions (such as prepayment lock-outs) or prepayment compensation provisions (such as yield maintenance or prepayment penalties). Because CMBS IO consist of rights to interest on the underlying commercial mortgage loan pools and do not have rights to principal payments on the underlying loans, prepayment risk on these securities is particularly acute without these
45


prepayment protection provisions. There are no prepayment protections if the loan defaults and is partially or wholly repaid earlier as a result of loss mitigation actions taken by the underlying loan servicer. The slowdown in economic activity experienced at the end of the first quarter and beginning of the second quarter as a result of actions taken by federal, state and local governments due to the COVID-19 pandemic could lead to an increase in defaults in loans underlying our CMBS IO, particularly loans in non-Agency CMBS IO securities which are collateralized by income producing properties such as retail shopping centers, office buildings, multifamily apartments and hotels. Over the last several years, we have not experienced material defaults on CMBS IO loans in our portfolio; however, the ultimate impact on the economy and commercial real estate performance and market values from the COVID-19 pandemic, and correspondingly loan defaults, is currently unknown.

We seek to manage our prepayment risk on our MBS by diversifying our investments, seeking investments which we believe will have superior prepayment performance, and investing in securities which have some sort of prepayment prohibition or yield maintenance (as is the case with CMBS and CMBS IO). With respect to RMBS, when we invest in RMBS at a premium to the security’s par value, we tend to favor securities in which we believe the underlying borrowers have some disincentive to refinance as a result of the size of each loan’s principal balance, credit characteristics of the borrower, or geographic location of the property, among other factors.

Credit Risk

Credit risk is the risk that we will not receive all contractual amounts due on investments that we own due to default by the borrower or due to a deficiency in proceeds from the liquidation of the collateral securing the obligation. Credit losses on loans could result in lower or negative yields on our investments.

Agency RMBS and Agency CMBS have credit risk to the extent that Fannie Mae or Freddie Mac fails to remit payments on the MBS for which they have issued a guaranty of payment. Given the improved financial performance and conservatorship of these entities and the continued support of the U.S. government, we believe this risk is low.

As noted above, Agency and non-Agency CMBS IO represent the right to excess interest and not principal on the underlying loans. These securities are exposed to the loss of investment basis in the event a loan collateralizing the security liquidates without paying yield maintenance or prepayment penalty. This will typically occur when the underlying loan is in default and proceeds from the disposition of the loan collateral are insufficient to pay the prepayment consideration.
 
Liquidity Risk

We have liquidity risk principally from the use of recourse repurchase agreements to finance our ownership of securities. Our repurchase agreements are renewable at the discretion of our lenders and do not contain guaranteed roll-over terms. If we fail to repay the lender at maturity, the lender has the right to immediately sell the collateral and pursue us for any shortfall if the sales proceeds are inadequate to cover the repurchase agreement financing. In addition, declines in the market value of our investments pledged as collateral for repurchase agreement borrowings may result in counterparties initiating margin calls for additional collateral.

Our use of TBA long positions as a means of investing in and financing Agency RMBS also exposes us to liquidity risk in the event that we are unable to roll or terminate our TBA contracts prior to their settlement date. If we are unable to roll or terminate our TBA long positions, we could be required to take physical delivery of the underlying securities and settle our obligations for cash, which could negatively impact our liquidity position or force us to sell assets under adverse conditions if financing is not available to us on acceptable terms.

For further information, including how we attempt to mitigate liquidity risk and monitor our liquidity position and in particular, during the current economic crisis, please refer to “Liquidity and Capital Resources” in Item 2 of this Quarterly Report on Form 10-Q.

46


Reinvestment Risk

We are subject to reinvestment risk as a result of the prepayment, repayment and sales of our investments. In order to maintain our investment portfolio size and our earnings, we need to reinvest capital received from these events into new interest-earning assets or TBA securities. As of April 30, 2020, our investment portfolio is substantially smaller than it was at March 31, 2020 due to asset sales for reasons previously discussed, and market yields on new investments are substantially lower than the investments that we sold. As such, we expect new assets that we add at lower yields than the investments sold will lower our net interest income in the future. In addition, based on market conditions, our leverage, and our liquidity profile, we may decide to not reinvest the cash flows we receive from our investment portfolio even when attractive reinvestment opportunities are available, or we may decide to reinvest in assets with lower yield but greater liquidity. If we retain capital or pay dividends to return capital to shareholders rather than reinvest capital, or if we invest capital in lower yielding assets for liquidity reasons, the size of our investment portfolio and the amount of income generated by our investment portfolio will likely decline.
 
ITEM 4. CONTROLS AND PROCEDURES

Disclosure Controls and Procedures

Our management evaluated, with the participation of our Principal Executive Officer and Principal Financial Officer, the effectiveness of our disclosure controls and procedures, as defined in Exchange Act Rule 13a-15(e), as of the end of the period covered by this report. Based on that evaluation, our Principal Executive Officer and Principal Financial Officer concluded that our disclosure controls and procedures were effective as of March 31, 2020 to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to our management, including our Principal Executive Officer and Principal Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.

Changes in Internal Control over Financial Reporting

There were no changes in our internal control over financial reporting during the three months ended March 31, 2020 that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II. OTHER INFORMATION
ITEM 1. LEGAL PROCEEDINGS

With respect to the litigation filed by Basic Capital Management, Inc., et al. (the “DCI Plaintiffs”) against the Company and DCI Commercial, Inc. (“DCI”), a former affiliate of the Company and formerly known as Dynex Commercial, Inc., regarding the activities of DCI while it was an operating subsidiary of an affiliate of the Company (the “DCI Litigation”) discussed in the Company’s 2019 Form 10-K, on March 5, 2020 the Company filed its response to the DCI Plaintiffs opening brief in the United States Court of Appeals for the Fifth Circuit. There have been no other material developments in this matter during the three months ended March 31, 2020. With respect to the claim (the "Receiver Litigation”) filed by the receiver for one of the DCI Plaintiffs in the DCI Litigation against the Company seeking payment of $11.3 million, alleging that the Company breached a litigation cost sharing agreement, as amended, entered into initially in December 2000 between the Company and DCI, which is also discussed in the Company’s 2019 Form 10-K, there were no material developments during the three months ended March 31, 2020.

The Company records a contingent liability when, in the opinion of management, it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated. After consultation with litigation counsel, the Company believes, based upon information currently available and its evaluation of Texas and Virginia law, as applicable, that the likelihood of loss in connection with the DCI Litigation is remote and that the likelihood of loss in connection with the Receiver Litigation is not probable, and given the range of potential claims for damages by the Company to offset the
47


Receiver's claims, the amount of possible loss in the Receiver Litigation cannot be reasonably estimated and, therefore, no contingent liability has been recorded for either matter.

The Company believes that the above matters will be resolved without a material adverse effect on the Company’s consolidated financial statements as a whole. The outcome, however, of any legal proceeding, including the above matters, cannot be predicted with certainty. As such, no assurances can be given that the Company will be successful in its defense of these actions on the merits or otherwise. If the Company is not successful in its defense efforts, the resolution of these matters could have a material adverse effect on the Company’s consolidated financial statements in a given future reporting period.

Other than as described above, to the Company’s knowledge, there are no pending or threatened legal proceedings, the resolution of which, in management’s opinion, individually or in the aggregate, could have a material adverse effect on the Company’s results of operations or financial condition.

ITEM 4. MINE SAFETY DISCLOSURES
None.


ITEM 1A.  RISK FACTORS

The following is a summary of the risk factors that we believe are most relevant to our business. These are factors which, individually or in the aggregate, we think could cause our actual results to differ significantly from anticipated or historical results. In addition to understanding the key risks described below, investors should understand that it is not possible to predict or identify all risk factors, and consequently, the following is not a complete discussion of all potential risks or uncertainties.

RISKS RELATED TO OUR BUSINESS

The recent global outbreak of COVID-19 may adversely affect our business, financial condition, liquidity and results of operations.

The COVID-19 pandemic has caused significant volatility and disruption in the economy and financial markets both globally and in the United States, including as a result of efforts to contain and mitigate the spread of COVID-19. Significant uncertainty remains as to the potential severity of the COVID-19 pandemic and its impact on the domestic and global economy and financial markets. If COVID-19 continues to spread, efforts to contain COVID-19 are unsuccessful, or the United States experiences another highly infectious or contagious disease in the future, our business, financial condition, liquidity and results of operations could be materially and adversely affected. The ultimate severity and duration of such effects will depend on future developments that are highly uncertain and difficult to predict, including the geographic spread of the disease, the overall severity of the disease, the duration of the outbreak, the measures that may be taken by various governmental authorities in response to the outbreak (such as quarantines and travel restrictions), scientific and medical developments and the possible further impacts on the national and global economies. The continued spread of COVID-19, or an outbreak of another highly infectious or contagious disease in the future, could also negatively impact the availability of key personnel necessary to conduct our business.

The COVID-19 outbreak and certain of the actions taken to reduce the spread of the disease, based both on governmental mandates and recommendations and individual behavior patterns - including restrictions on travel, restrictions on the ability of individuals to assemble in groups, restrictions on the ability of certain businesses to operate, emergency legislative and regulatory responses, and mandatory and voluntary “social distancing” practices by individuals and businesses - have resulted in lost business revenue, rapid and significant increases in unemployment, and changes in employer and consumer behavior, all of which have materially and adversely affected economic conditions in the U.S. and globally. These adverse effects of the COVID-19 pandemic on the economy may continue or worsen throughout the course of the outbreak. Future outbreaks involving other highly infectious or contagious diseases could have similar adverse effects.

The COVID-19 pandemic could adversely impact the U.S. housing and commercial real estate markets, the volume of new mortgages, the value of real estate collateral and the rate of foreclosures, and could cause borrowers to experience
48


difficulties repaying mortgage loans or to seek forbearance. Any of these effects could have an adverse impact on the market value of our investments in MBS and on our financial condition and results of operations.

Our use of leverage, including repurchase agreements, to enhance returns to shareholders increases the risk of volatility in our results and could lead to material decreases in net interest income, net income, comprehensive income, dividends, book value per common share, and liquidity.

Leverage increases returns on our invested capital if we can earn a greater return on investments than our cost of borrowing but can decrease returns if borrowing costs increase and we have not adequately hedged against such an increase. Further, using leverage magnifies the potential losses to shareholders’ equity and book value per common share if our investments’ fair market value declines, net of associated hedges. Repurchase agreements are generally uncommitted short-term financings with no guaranty of renewal at maturity and changes to terms of such financing may adversely affect our profitability and our liquidity.

Our ability to fund our operations, meet financial obligations, and finance targeted asset acquisitions may be impacted by an inability to secure and maintain our financing through repurchase agreements or other borrowings with our counterparties. Because repurchase agreements are short-term commitments of capital, lenders may respond to adverse market conditions in a manner that makes it more difficult for us to renew or replace on a continuous basis our maturing short-term borrowings and have, and may continue to, impose more onerous conditions at renewal. If we are not able to renew our existing repurchase agreements or other borrowings, or arrange for new financing on terms acceptable to us, or if we default on our financial covenants (including those on our repurchase agreements), are otherwise unable to access funds under our financing arrangements, or are required to post additional collateral or face larger haircuts, we may have to dispose of assets at significantly depressed prices and at inopportune times, which could cause significant losses, and may also force us to curtail our asset acquisition activities. If we are subject to a larger haircut in order to renew a repurchase agreement or other borrowing with a particular counterparty then we would be required to post additional margin. Similarly, if we were to move a financing from one counterparty to another that was subject to a larger haircut we would have to repay more cash to the original repurchase agreement counterparty than we would be able to borrow from the new repurchase agreement counterparty. In each of these cases we could be required to dispose of assets at significantly depressed prices and at inopportune times, which could cause significant losses.
In addition, if the regulatory capital requirements imposed on certain of our lenders change, those lenders may be required to significantly increase the cost of the financing that they provide to us, or to increase the amounts of collateral they require as a condition to providing us with financing. Our lenders also have revised, and may continue to revise, their eligibility requirements for the types of assets that they are willing to finance or the terms of such financing arrangements, including increased haircuts and requiring additional cash collateral, based on, among other factors, the regulatory environment and their management of actual and perceived risk. Moreover, the amount of financing that we receive under our financing agreements will be directly related to our lenders’ valuation of the assets subject to such agreements. Typically, the master repurchase agreements that govern our borrowings under repurchase agreements grant the lender the absolute right to reevaluate the fair market value of the assets subject to such repurchase agreements at any time. If a lender determines in its sole discretion that the value of the assets has decreased, it has the right to initiate a margin call. These valuations may be different than the values that we ascribe to these assets and may be influenced by recent asset sales at distressed levels by forced sellers. A margin call requires us to transfer additional assets to a lender without any advance of funds from the lender for such transfer or to repay a portion of the outstanding borrowings. We would also be required to post additional collateral if haircuts increase under a repurchase agreement. In these situations, we could be forced to sell assets at significantly depressed prices to meet such margin calls and to maintain adequate liquidity, which could cause significant losses. Significant margin calls could have a material adverse effect on our results of operations, financial condition, business, liquidity, and ability to make distributions to our stockholders, and could cause the value of our capital stock to decline.

Our ability to access leverage in the conduct of our operations is impacted by the following:
market conditions and overall market volatility and liquidity;
regulation of our lenders and other regulatory factors;
disruptions in the repurchase agreement market generally, or the infrastructure that supports it;
the liquidity of our investments;
the market value of our investments;
49


the advance rates by our lenders on investment collateral pledged, and;
the willingness of our lenders to finance the types of investments we choose.
Many of these factors are beyond our control and are difficult to predict, which could lead to sudden and material adverse effects on our results of operations, financial condition, business, liquidity, and ability to make distributions to shareholders, and could force us to sell assets at significantly depressed prices to maintain adequate liquidity. Market dislocations including those resulting from the COVID-19 outbreak or as a result of other future outbreaks involving other highly infectious or contagious diseases could limit or ability to access funding or access funding on terms that we believe are attractive which could have a material adverse effect on our financial condition.
For more information about our operating policies regarding our use of leverage, please see “Liquidity and Capital Resources” within Part II, Item 7 of our Annual Report on Form 10-K, “Management’s Discussion and Analysis of Financial Condition and Results of Operation.”
We cannot predict the effect that government policies, laws, and plans adopted in response to the COVID-19 outbreak or other future outbreaks involving highly infectious or contagious diseases and resulting recessionary economic conditions will have on us. In addition, measures intended to prevent the spread of COVID-19 may disrupt our ability to operate our business.
Governments have adopted, and we expect will continue to adopt, policies, laws, and plans intended to address the COVID-19 outbreak and adverse developments in the credit, financial, and mortgage markets that it has caused. We cannot assure you that these programs will be effective, sufficient, or otherwise have a positive impact on the economy, the credit, financial and mortgage markets, or our business. Moreover, certain actions taken by U.S. or other governmental authorities that are intended to ameliorate the macroeconomic effects of the COVID-19 outbreak or an outbreak due to another highly infectious or contagious disease in the future could harm our business. Any significant decrease in economic activity or resulting decline in the markets in which we invest could also have an adverse effect on our investments in our targeted assets.
As part of the CARES Act, both Fannie Mae and Freddie Mac have announced mortgage forbearance policies that will allow borrowers to delay their mortgage payments for up to one year. Individual states also have adopted or may adopt forbearance policies addressing loan payments, rent payments, foreclosures and evictions. These policies may impact our investments in many ways, some that are foreseeable, others that are not. The impact of high levels of forbearance on our MBS could range from immaterial to significant depending upon not only actual losses incurred on underlying loans but also future public policy choices and actions by the GSEs, their regulator the Federal Housing Finance Authority ("FHFA"), the Federal Reserve, and federal and state governments. The nature and timing of any such future public policy choices and actions are unpredictable. Prepayment speeds on Agency MBS may be affected and scenarios suggesting both slowing and increasing prepayment speeds are plausible.
Due to the federal and state recommendations issued and mandates implemented to control the spread of COVID-19, the vast majority of our personnel, as well as the third-party service providers that provide services to us, are working remotely. If these personnel are unable to work effectively as a result of the COVID-19 outbreak, including because of illness, quarantines, office closures, ineffective remote work arrangements, or technology failures or limitations, our operations would be adversely impacted. Further, remote work arrangements may increase the risk of cybersecurity incidents and cyber-attacks on us or our third-party service providers, which could have a material adverse effect on our business and results of operations, due to, among other things, the loss of investor or proprietary data, interruptions or delays in the operation of our business, and damage to our reputation.
Fluctuations in the market value of our investments could negatively impact our net income, comprehensive income, shareholders’ equity, book value per common share, and liquidity.
Changes in the market values of our investments are reflected in our consolidated financial statements in net income, other comprehensive income, shareholders’ equity and book value per common share. Our investments fluctuate in value due to a number of factors including, among others, market volatility (including, as an example, market volatility due to the COVID-19 outbreak), changes in credit spreads, spot and forward interest rates, and actual and anticipated prepayments. Our investments may also fluctuate in value due to increased or reduced demand for the types of investments we own and in particular, the impact on demand, both positive and negative, from purchases and sales by the Federal Reserve Bank of New York. The level of demand may be impacted by, among other things, interest rates, capital flows, economic conditions and government and regulatory policies.
50


Changes in credit spreads represent the market’s valuation of the perceived riskiness of assets relative to risk-free rates and widening credit spreads reduce the market value of our investments as market participants require additional yield to hold riskier assets. Credit spreads could change based on macroeconomic or systemic factors specific to a particular security such as prepayment performance or credit performance. Other factors that could impact credit spreads include technical issues such as supply and demand for a particular type of security, market psychology, and FOMC monetary policy. In addition, most of our investments are fixed rate or reset in rate over a period of time, and as interest rates rise, the market value of these investments will decrease. If market values decrease significantly, we may be forced to sell assets at losses in order to maintain liquidity and repay or renew repurchase agreements at maturity.
Fluctuations in interest rates may have various negative effects on us and could lead to reduced net interest income, comprehensive income, book value per common share, dividends and liquidity.
Fluctuations in interest rates impact us in multiple ways. For example, in a period of rising rates, particularly increases in the targeted Federal Funds Rate, we may experience a decline in our profitability from borrowing rates increasing faster than interest coupons on our investments reset or our investments mature. We may also experience a decline in profitability from our investments adjusting less frequently or relative to a different index (e.g., six month or one-year LIBOR) from our borrowings (repurchase agreements are typically based on shorter-term rates). Once the Federal Reserve announces a higher targeted range or if markets anticipate that the Federal Reserve is likely to announce a higher targeted range for the Federal Funds Rate, our borrowing costs are likely to immediately increase, thereby negatively impacting our results of operations, financial condition, dividend and book value per common share.
Fluctuations in interest rates may also negatively affect the market value of our securities. Since our investment portfolio consists substantially of fixed rate instruments, rising interest rates will reduce the market value of our MBS as a result of higher yield requirements by the market for these types of securities. Reductions in the market value of our MBS could result in margin calls from our lenders, potentially forcing us to sell securities at a loss. Reductions in the market value of our MBS could also result in declines in comprehensive income and book value per common share, and a material reduction in our liquidity. A material reduction in our liquidity could lead to a reduction of the dividend or potentially the payment of the dividend in Company stock subject to the Internal Revenue Code. Conversely, while declining interest rates are typically more favorable for us, we may experience increasing prepayments, resulting in reduced profitability.
Our use of hedging strategies to mitigate our interest rate risk may not be effective and may adversely affect our net income, comprehensive income, liquidity, shareholders’ equity and book value per common share.
We may use interest rate swap agreements, futures, interest rate caps, options, forward contracts and other derivatives to help mitigate increased financing costs and volatility in the market value of our investments from adverse changes in interest rates. Our hedging activity will vary in scope based on, among other things, our forecast of future interest rates, our investment portfolio construction and objectives, the actual and implied level and volatility of interest rates, and sources and terms of financing used. No hedging strategy can completely insulate us from the interest rate risks to which we are exposed. Interest rate hedging may fail to protect or could adversely affect our results of operations, book value and liquidity because, among other things:
The performance of instruments used to hedge may not completely correlate with the performance of the assets or liabilities being hedged;
Available hedging instruments may not correspond directly with the interest rate risk from which we seek protection;
The duration of the hedge may not match the duration of the related asset or liability given management’s expectation of future changes in interest rates or a result of the inaccuracies of models in forecasting cash flows on the asset being hedged;
The value of derivatives used for hedging will be adjusted from time to time in accordance with GAAP to reflect changes in fair value, and downward adjustments, or “mark-to-market losses,” will reduce our earnings, shareholders’ equity, and book value;
The amount of income that a REIT may earn from hedging transactions (other than through taxable REIT subsidiaries) to offset interest rate losses may be limited by U.S. federal income tax provisions governing REITs;
Interest rate hedging can be relatively expensive for certain strategies such as options, caps and forward contracts, particularly during periods of volatile interest rates;
The credit quality of the party owing money on the hedge may be downgraded to such an extent that it impairs our ability to sell or assign our side of the hedging transaction; and
51


The party owing money in the hedging transaction may default on its obligation to pay.
Our hedging instruments can be traded on an exchange or administered through a clearing house or under bilateral agreements between us and a counterparty. Bilateral agreements expose us to increased counterparty risk, and we may be at risk of loss of any collateral held by a hedging counterparty if the counterparty becomes insolvent or files for bankruptcy.
We invest in to-be-announced, or TBA, securities and execute TBA dollar roll transactions. It could be uneconomical to roll our TBA contracts or we may be unable to meet margin calls on our TBA contracts, which could negatively affect our financial condition and results of operations.
We execute TBA dollar roll transactions which effectively delay the settlement of a forward purchase (or sale) of a TBA by entering into an offsetting TBA position, net settling the paired-off positions in cash, and simultaneously entering an identical TBA long (or short) position with a later settlement date. Under certain market conditions, TBA dollar roll transactions may result in negative net interest income whereby the Agency RMBS purchased (or sold) for forward settlement under a TBA contract are priced at a premium to Agency RMBS for settlement in the current month. Market conditions could also adversely impact the TBA dollar roll market and, in particular, shifts in prepay expectations on Agency RMBS or changes in the reinvestment policy on Agency RMBS by the Federal Reserve. Under such conditions, it may be uneconomical to roll our TBA positions prior to the settlement date, and we could have to take physical delivery of the underlying securities and settle our obligations for cash, or in the case of a short position, we could be forced to deliver one of our Agency RMBS, which would mean using cash to payoff any repurchase agreement amounts collateralized by that security. We may not have sufficient funds or alternative financing sources available to settle such obligations. In addition, pursuant to the margin provisions established by the Mortgage-Backed Securities Division (“MBSD”) of the Fixed Income Clearing Corporation, we are subject to margin calls on our TBA contracts and our trading counterparties may require us to post additional margin above the levels established by the MBSD. Negative income on TBA dollar roll transactions or failure to procure adequate financing to settle our obligations or meet margin calls under our TBA contracts could result in defaults or force us to sell assets under adverse market conditions or through foreclosure and adversely affect our financial condition and results of operations.
We invest in assets that are traded in over-the-counter (“OTC”) markets which are less liquid and have less price transparency than securities exchanges. Owning securities that are traded in OTC markets may increase our liquidity risk, particularly in a volatile market environment, because our assets may be more difficult to borrow against or sell in a prompt manner and on terms acceptable to us, and we may not realize the full value at which we previously recorded the investments and/or may incur losses upon sale of these assets.
Though Agency MBS are generally deemed to be very liquid securities, turbulent market conditions, such as market conditions following the COVID-19 outbreak, may significantly and negatively impact the liquidity and market value of these assets. Non-Agency MBS are typically more difficult to value, less liquid, and experience greater price volatility than Agency MBS. In addition, market values for non-Agency MBS are typically more subjective than Agency MBS. Given the trading of our investments in OTC markets, in times of severe market stress, a market may not exist for certain of our assets at any price. If the MBS market were to experience a severe or extended period of illiquidity, lenders may refuse to accept our assets as collateral for repurchase agreement financing, which could have a material adverse effect on our results of operations, financial condition and business. A sudden reduction in the liquidity of our investments could limit our ability to finance or could make it difficult to sell investments if the need arises. If we are required to liquidate all or a portion of our portfolio quickly, we may realize significantly less than the fair value at which we have previously recorded our investments which would result in lower than anticipated gains or higher losses.
Our repurchase agreements and agreements governing certain derivative instruments may contain financial and nonfinancial covenants. Our inability to meet these covenants could adversely affect our financial condition, results of operations, and cash flows.
In connection with certain of our repurchase agreements and interest rate swap agreements, we are required to maintain certain financial and non-financial covenants. As of March 31, 2020, the most restrictive financial covenants require that we have a minimum of $30 million of liquidity and declines in shareholders’ equity no greater than 25% in any quarter and 35% in any year. In addition, virtually all of our repurchase agreements and interest rate swap agreements require us to maintain our status as a REIT and to be exempted from the provisions of the 1940 Act. Compliance with these covenants depends on market factors and the strength of our business and operating results. Various risks, uncertainties and events beyond our control, including significant fluctuations in interest rates, market volatility and changes in market conditions, could affect our ability to comply with these covenants. Failure to comply with these covenants could result in an event of
52


default, termination of an agreement, acceleration of all amounts owed under an agreement, and generally would give the counterparty the right to exercise certain other remedies under the repurchase agreement, including the sale of the asset subject to repurchase at the time of default, unless we were able to negotiate a waiver in connection with any such default related to failure to comply with a covenant. Any such waiver could be conditioned on an amendment to the underlying agreement and any related guaranty agreement on terms that may be unfavorable to us. If we are unable to negotiate a covenant waiver or replace or refinance our assets under a new repurchase facility on favorable terms or at all, our financial condition, results of operations and cash flows could be adversely affected. Further, certain of our repurchase agreements and interest rate swap agreements have cross-default, cross-acceleration or similar provisions, such that if we were to violate a covenant under one agreement, that violation could lead to defaults, accelerations, or other adverse events under other agreements, as well.
Prepayment rates on the mortgage loans underlying our investments may adversely affect our profitability and the market value of our investments. Changes in prepayment rates may also subject us to reinvestment risk.
We are subject to prepayment risk to the extent that we own investments at premiums to their par value or at yields at a premium to current market yields. We amortize the premiums we pay on a security using the effective yield method, which is impacted by borrower prepayments of principal on the loans. Prepayments can occur both on a voluntary basis (i.e., the borrower elects to prepay the loan along with related prepayment fees, if applicable) and involuntary basis (i.e., a loan default and subsequent foreclosure and liquidation). RMBS have no prepayment protection while CMBS and CMBS IO have voluntary prepayment protection in the form of a prepayment lock-out on the loan for an initial period, or by yield maintenance or prepayment penalty provisions which serve as full or partial compensation for future lost interest income on the loan. In certain circumstances, compensation for voluntary prepayment on CMBS IO securities may not be sufficient to compensate us for the loss of future excess interest as a result of the prepayment. Prepayments on our investments are impacted by economic and market conditions, the level of interest rates, the general availability of mortgage credit, and other factors.
We have no protection from involuntary prepayments. The impact of involuntary prepayments on high premium investments including CMBS IO and higher coupon Agency CMBS is particularly acute since the investment consists entirely of premium. An increase in involuntary prepayments will result in the loss of investment premiums at an accelerated rate which could materially reduce our interest income, net income, comprehensive income and dividend. Involuntary prepayments typically increase in periods of economic slowdown or stress, such as the slowdown in economic activity experienced as a result of COVID-19, and actions taken as a result by the GSEs and federal, state and local governments. Defaults in loans underlying our CMBS IO, particularly loans in non-Agency CMBS IO securities collateralized by income producing properties such as retail shopping centers, office buildings, multifamily apartments and hotels, may increase as a result of the economic weakness brought on by the COVID-19 pandemic.
Increases in actual prepayment rates or market expectations of prepayment rates (voluntary or involuntary) could negatively impact our profitability and the market value of our investments, negatively impacting our book value. We are also more likely to experience margin calls from our lenders as a result of the decline in value of our securities, which would negatively impact our liquidity. Typically prepayments will increase when interest rates are declining which can lead to reinvestment in lower yielding investments leading to lower net interest income and reduced profitability.
Prepayments on large balance, single loan Agency CMBS could result in margin calls by lenders in excess of our available liquidity. As such, we may be at risk of defaulting on a repurchase agreement which could force us to sell assets at a loss.
We may own large balance Agency CMBS which are collateralized by a single-loan. While these Agency CMBS have some form of prepayment protection such as yield maintenance which would compensate us for the prepayment, these securities are collateralizing repurchase agreements. If the single loan CMBS prepays, typically there is a 20-day delay between the announcement of such prepayment and the receipt of cash from the prepayment; however, the repurchase agreement lender may initiate a margin call when the prepayment is announced. If the margin call were large enough, we might not be able to meet such margin call from available liquidity, and we could be forced to sell assets quickly and on terms unfavorable to us to meet the margin call. If we cannot meet the margin call, we may be in default under the repurchase agreement until we receive the cash from the prepayment. Because some of our repurchase agreement borrowings contain cross-default provisions, such default could trigger defaults on and margin calls with respect to other of our repurchase agreement borrowings.
53


Provisions requiring yield maintenance charges, prepayment penalties, defeasance, or lock-outs in CMBS IO securities may not be enforceable.
Provisions in loan documents for mortgages in CMBS IO securities in which we invest requiring yield maintenance charges, prepayment penalties, defeasance, or lock-out periods may not be enforceable in some states and under federal bankruptcy law. Provisions in the loan documents requiring yield maintenance charges and prepayment penalties may also be interpreted as constituting the collection of interest for usury purposes. Accordingly, we cannot be assured that the obligation of a borrower to pay any yield maintenance charge or prepayment penalty under a loan document in a CMBS IO security will be enforceable. Also, we cannot be assured that foreclosure proceeds under a loan document in a CMBS IO security will be sufficient to pay an enforceable yield maintenance charge. If yield maintenance charges and prepayment penalties are not collected, or if a lock-out period is not enforced, we may incur losses to write-down the value of the CMBS IO security for the present value of the amounts not collected, and we will experience lower yields and lower interest income. This would also likely cause margin calls from any lender on the CMBS IO impacted which could have a material adverse effect on our liquidity.
We invest in securities guaranteed by Fannie Mae and Freddie Mac which are currently under conservatorship by the FHFA. The ultimate impact on the operations of Fannie Mae and Freddie Mac from the conservatorships and the support they receive from the U.S. government is not determinable and could affect Fannie Mae and Freddie Mac in such a way that our business, operations and financial condition may be adversely affected.
The GSEs have been under federal conservatorship since 2008, As conservator, the FHFA has assumed all the powers of the shareholders, directors and officers of the GSEs with the goal of preserving and conserving their assets. At various times since implementation of the conservatorship, Congress has considered structural changes to the GSEs. The United States Department of the Treasury (the “U.S. Treasury”) published the Treasury Housing Reform Plan in 2019 outlining proposed changes to the U.S. housing finance system which could lead to the release of the GSEs from conservatorship. Furthermore, the FHFA released its Strategic Plan in October 2019 which included in part an outline for the GSEs exiting conservatorship. Recent events related to the COVID-19 outbreak and the associated economic slowdown have raised concerns at the FHFA that the GSEs may need additional capital in order to meet their obligations as guarantors on trillions of dollars of MBS. The market value of Agency MBS today are highly dependent on the continued support of the GSEs by the U.S. government. If such support is modified or withdrawn, if the U.S. Treasury fails to inject new capital as need, or if the GSEs are released from conservatorship, the market value of Agency MBS could significantly decline, making it difficult for us to obtain repurchase agreement financing and could force us to sell assets at substantial losses. Furthermore, any policy changes to the relationship between the GSEs and the U.S. government may create market uncertainty and have the effect of reducing the actual or perceived credit quality of securities issued by the GSEs. It may also interrupt the cash flow received by investors on the underlying MBS
Finally, reforms to GSEs could also negatively impact our ability to comply with the provisions of the 1940 Act (see further discussion below regarding the 1940 Act).
All of the foregoing could materially adversely affect the availability, pricing, liquidity, market value and financing of our assets and materially adversely affect our business, operations, financial condition and book value per common share.
The replacement of LIBOR with an alternative reference rate may adversely affect our profitability, liquidity, and financial condition.
The United Kingdom’s Financial Conduct Authority (“FCA”) has announced that it will phase out LIBOR as a benchmark by the end of 2021. It is unclear whether new methods of calculating LIBOR will be established such that it continues to exist after 2021. If LIBOR ceases to exist, we will need to amend or terminate certain of our agreements referencing LIBOR rates. Our interest rate swap agreements currently include performance provisions which reference LIBOR rates, and many of these agreements expire after 2021. Our repurchase agreement borrowings generally carry a rate of interest based on a spread to LIBOR or other indices that closely track LIBOR. Additionally, the terms of our outstanding shares of Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock reference LIBOR rates but contain fallback provisions that would apply in the event that LIBOR rates are no longer calculated and published. The phasing out of LIBOR could impact short-term market rates in general which could potentially reduced the benefit of our interest rate swaps and increase the cost of our repurchase agreement borrowings. The impact of phasing out LIBOR on these and other financial instruments is uncertain and may negatively impact their value, liquidity or effectiveness. The transition to an alternative rate will require careful and deliberate consideration and implementation so as not to disrupt the stability of financial markets.
54


There is no guarantee that a transition from LIBOR to an alternative will not result in, among other things, financial market disruptions, significant increases in benchmark rates, or short-term interest rates, any of which could have an adverse effect on our profitability, liquidity, and financial condition.
We may change our investment strategy, operating policies, dividend policy, and/or asset allocations without shareholder consent and/or in a manner in which shareholders, analysts, and capital markets may not agree, which could adversely affect our financial condition, results of operations, the market price of our common stock, and our ability to pay dividends to our shareholders.
A change in our investment strategy or asset allocation may materially change our exposure to interest rate and/or credit risk, default risk and real estate market fluctuations. These changes could have a material impact on our ability to continue to pay a dividend at a level that we had previously paid before the change in strategy. Furthermore, if any change in investment strategy, asset allocation, operating or dividend policy is perceived negatively by the markets or analysts covering our stock, our stock price may decline. Part of our investment strategy includes deciding whether to reinvest payments received on our existing investment portfolio. Based on market conditions, our leverage, and our liquidity profile, we may decide to not reinvest the cash flows we receive from our investment portfolio. If we retain, rather than reinvest, these cash flows, the size of our investment portfolio and the amount of net interest income generated by our investment portfolio will likely decline. In addition, if the assets we acquire in the future earn lower yields than the assets we currently own, our reported earnings per share will likely decline over time as the older assets pay down or are sold.
Competition may prevent us from acquiring new investments at favorable yields, and we may not be able to achieve our investment objectives which may potentially have a negative impact on our profitability.
Our net interest income, net income and comprehensive income will largely depend on our ability to acquire mortgage-related assets with acceptable risk-return profiles at favorable spreads over our borrowing costs. The availability of mortgage-related assets meeting our investment criteria depends upon, among other things, the level of activity in the real estate market and the quality of and demand for securities in the mortgage securitization and secondary markets. The size and level of activity in real estate lending markets depends on various factors, including interest rates, regional and national economic conditions, and real estate values. In acquiring investments, we compete with other purchasers of these types of investments, including but not limited to other mortgage REITs, broker-dealers, hedge funds, banks, insurance companies, mutual funds, GSEs including federal home loan banks and other entities that purchase assets similar to ours. In addition, in March 2019 as a result of economic factors related to the COVID-19 outbreak, the Federal Reserve Bank has resumed purchases of Agency RMBS and began purchasing Agency CMBS. Many of these entities against which we compete have greater resources and access to lower cost capital than we do. Because of these factors, we may not be able to acquire sufficient assets at acceptable yields over our borrowing costs, which would adversely affect our profitability.
Clearing facilities or exchanges may increase the margin requirements we are required to post when entering into derivative instruments, which may negatively impact our ability to hedge and our liquidity.
We are required to post margin when entering into a hedging instrument that is traded on an exchange or administered through a clearing house. The amount of margin is set for each derivative by the exchange or clearinghouse and in prior periods, exchanges have required additional margin in response to events having or expected to have adverse economic consequences. In the event that future adverse economic developments or market uncertainty (including those due to governmental, regulatory, or legislative action or inaction) result in increased margin requirements for our hedging instruments, it could materially adversely affect our liquidity position, business, financial condition and results of operations.
We may be subject to the risks associated with inadequate or untimely services from third-party service providers, which may negatively impact our results of operations. We also rely on corporate trustees to act on behalf of us and other holders of securities in enforcing our rights.
Loans underlying non-Agency MBS we own are serviced by third-party service providers. These servicers provide for the primary and special servicing of these securities. In that capacity these service providers control all aspects of loan collection, loss mitigation, default management and ultimate resolution of a defaulted loan including as applicable the foreclosure and sale of the real estate owned. The servicer has a fiduciary obligation to act in the best interest of the securitization trust, but significant latitude exists with respect to certain of its servicing activities. We have no contractual rights with respect to these servicers. If a third-party servicer fails to perform its duties under the securitization documents, this may result in a material increase in delinquencies or losses to the securities. As a result, the value of the securities may be impacted, and we may incur losses on our investment.
55


In addition, should a servicer experience financial difficulties, it may not be able to perform its obligations. Due to application of provisions of bankruptcy law, servicers who have sought bankruptcy protection may not be required to make advance payments required under the terms of the agreements governing the securities of amounts due from loan borrowers. Even if a servicer were able to advance amounts in respect of delinquent loans, its obligation to make the advances may be limited to the extent that is does not expect to recover the advances due to the deteriorating credit of the delinquent loans. As a result of the COVID-19 outbreak, as well as the loan forbearance programs instituted by the GSEs, many servicers are experiencing financial distress and there is an increased risk that servicers may declare bankruptcy. For Agency MBS, we expect that the GSEs will transfer the servicing or otherwise make the investors in Agency MBS whole. For non-Agency MBS, financial difficulties with the servicer could lead to a material increase in delinquencies or losses to the securities. As a result, the value of the securities may be impacted, and we may incur losses on our investment.
We also rely on corporate trustees to act on behalf of us and other holders of securities in enforcing our rights. Under the terms of most securities we hold we do not have the right to directly enforce remedies against the issuer of the security, but instead must rely on a trustee to act on behalf of us and other security holders. Should a trustee not be required to take action under the terms of the securities, or fail to take action, we could experience losses.
Credit ratings assigned to debt securities by the credit rating agencies may not accurately reflect the risks associated with those securities. Changes in credit ratings for securities we own or for similar securities might negatively impact the market value of these securities.
Rating agencies rate securities based upon their assessment of the safety of the receipt of principal and interest payments on the securities. Rating agencies do not consider the risks of fluctuations in fair value or other factors that may influence the value of securities and, therefore, the assigned credit rating may not fully reflect the true risks of an investment in securities. Also, rating agencies may fail to make timely adjustments to credit ratings based on available data or changes in economic outlook or may otherwise fail to make changes in credit ratings in response to subsequent events, so the credit quality of our investments may be better or worse than the ratings indicate. We attempt to reduce the impact of the risk that a credit rating may not accurately reflect the risks associated with a particular debt security by not relying solely on credit ratings as the indicator of the quality of an investment. We make our acquisition decisions after factoring in other information that we have obtained about the loans underlying the security and the credit subordination structure of the security. Despite these efforts, our assessment of the quality of an investment may also prove to be inaccurate and we may incur credit losses in excess of our initial expectations.
Credit rating agencies may change their methods of evaluating credit risk and determining ratings on securities backed by real estate loans and securities. These changes may occur quickly and often. The market’s ability to understand and absorb these changes, and the impact to the securitization market in general, are difficult to predict. Such changes may have a negative impact on the value of securities that we own.
If a lender to us in a repurchase transaction defaults on its obligation to resell the underlying security back to us at the end of the transaction term, or if we default on our obligations under a repurchase agreement, we will incur losses.
Repurchase agreement transactions are legally structured as the sale of a security to a lender in return for cash from the lender. These transactions are accounted for as financing agreements because the lenders are obligated to resell the same securities back to us at the end of the transaction term. Because the cash we receive from the lender when we initially sell the securities to the lender is less than the value of those securities, if the lender defaults on its obligation to resell the same securities back to us, we would incur a loss on the transaction equal to the difference between the value of the securities sold and the amount borrowed from the lender including accrued interest. The lender may default on its obligation to resell if it experiences financial difficulty or if the lender has re-hypothecated the security to another party who fails to transfer the security back to the lender. Additionally, if we default on one of our obligations under a repurchase agreement, the lender can terminate the transaction, sell the underlying collateral and cease entering into any other repurchase transactions with us. Any losses we incur on our repurchase transactions could adversely affect our earnings and reduce our ability to pay dividends to our shareholders.
In the event of bankruptcy either by ourselves or one or more of our third-party lenders, under the U.S. Bankruptcy Code, assets pledged as collateral under repurchase agreements may not be recoverable by us. We may incur losses equal to the excess of the collateral pledged over the amount of the associated repurchase agreement borrowing.
In the event that one of our lenders under a repurchase agreement files for bankruptcy, it may be difficult for us to recover our assets pledged as collateral to such lender. In addition, if we ever file for bankruptcy, lenders under our
56


repurchase agreements may be able to avoid the automatic stay provisions of the U.S. Bankruptcy Code and take possession of and liquidate our collateral under our repurchase agreements without delay. In the event of a bankruptcy by one of our lenders, or us, we may incur losses in amounts equal to the excess of our collateral pledged over the amount of repurchase agreement borrowing due to the lender.
If we fail to properly conduct our operations, we could become subject to regulation under the 1940 Act. Conducting our business in a manner so that we are exempt from registration under and compliance with the 1940 Act may reduce our flexibility and could limit our ability to pursue certain opportunities.
We seek to conduct our operations to avoid falling under the definition of an investment company pursuant to the 1940 Act. Specifically, we seek to conduct our operations under the exemption provided under Section 3(c)(5)(C) of the 1940 Act, a provision available to companies primarily engaged in the business of purchasing and otherwise acquiring mortgages and other liens on and interests in real estate. According to SEC no-action letters, companies relying on this exemption must ensure that at least 55% of their assets are mortgage loans and other qualifying assets, and at least 80% of their assets are real estate-related. The 1940 Act requires that we and each of our subsidiaries evaluate our qualification for exemption under the Act. Our subsidiaries will rely either on Section 3(c)(5)(C) or other sections that provide exemptions from registering under the 1940 Act, including Sections 3(a)(1)(C) and 3(c)(7). We believe that we are operating our business in accordance with the exemption requirements of Section 3(c)(5)(C).
Under the 1940 Act, an investment company is required to register with the SEC and is subject to extensive restrictive and potentially adverse regulations relating to, among other things, operating methods, management, capital structure, leverage, dividends, and transactions with affiliates. If we were determined to be an investment company, our ability to use leverage and conduct business as we do today would be substantially impaired. This would severely impact our profitability and ability to pay dividends to our shareholders.
If we fail to abide by certain Commodity Futures Trading Commission (“CFTC”) rules and regulations, we may be subject to enforcement action by the CFTC.
On December 7, 2012, the CFTC’s Division of Swap Dealer and Intermediary Oversight (the “Division”) issued no-action relief from commodity pool operator (“CPO”) registration to mortgage REITs that use CFTC-regulated products (“commodity interests”) and that satisfy certain enumerated criteria. Pursuant to the no-action letter, the Division will not recommend that the CFTC take enforcement action against a mortgage REIT if its operator fails to register as a CPO, provided that the mortgage REIT (i) submits a claim to take advantage of the relief and (ii) the mortgage REIT: (a) limits the initial margin and premiums required to establish its commodity interest positions to no greater than 5% of the fair market value of the mortgage REIT’s total assets; (b) limits the net income derived annually from its commodity interest positions, excluding the income from commodity interest positions that are “qualifying hedging transactions,” to less than 5% of its annual gross income; (c) does not market interests in the mortgage REIT to the public as interests in a commodity pool or otherwise in a vehicle for trading in the commodity futures, commodity options or swaps markets; and (d) either: (A) identified itself as a “mortgage REIT” in Item G of its last U.S. income tax return on Form 1120-REIT; or (B) if it has not yet filed its first U.S. income tax return on Form 1120-REIT, it discloses to its shareholders that it intends to identify itself as a “mortgage REIT” in its first U.S. income tax return on Form 1120-REIT.
We believe that we have complied with all of the requirements set forth above as of March 31, 2020. If we fail to satisfy the criteria set forth above, or if the criteria change, we may become subject to CFTC regulation or enforcement action, the consequences of which could have a material adverse effect on our financial condition or results of operations.
We are highly dependent on information and communication systems and third parties, and systems failures or cybersecurity incidents could significantly disrupt our business or lead to significant losses, which may, in turn, negatively affect the market price of our common and preferred stocks and our ability to operate our business.
Our business is highly dependent on communications and information systems particularly as it relates to the custodians of our investments and our lenders. Any failure or interruption of our communication or information systems, or any cyber-attack or security breach of our networks or systems, could cause delays or other problems in our trading or borrowing activities, including MBS trading and repurchase agreement borrowing activities, or could lead to unauthorized trading activity, any of which could have a significant adverse effect on our financial condition or results of operations. A disruption or breach could also lead to unauthorized access to and release, misuse, loss or destruction of our confidential information or personal or confidential information of our employees or third parties, which could lead to regulatory fines, costs of remediating the breach, reputational harm, and fewer third parties that are willing to conduct business with us. In
57


addition, we also face the risk of operational failure, termination or capacity constraints of any of the third parties with which we do business or that facilitate our business activities, including custodians, clearing agents or other financial intermediaries we use to facilitate our securities transactions, if their respective communication or information systems experience failure, interruption, cyber-attacks, or security breaches. We may face increased costs as we continue to evolve our cyber defenses in order to contend with changing risks and to monitor our systems for cyber-attacks and security threats. These costs and losses associated with these risks are difficult to predict and quantify and could have a significant adverse effect on our results of operations.
Computer malware, viruses, computer hacking. and phishing attacks have become more prevalent and may occur on our systems. Although we have not detected a material cybersecurity breach to date, other financial services institutions have reported material breaches of their systems, some of which have been significant. Even with all reasonable security efforts, not every breach can be prevented or even detected, and it is possible that we have experienced an undetected breach. There is no assurance that we, or the third parties that facilitate our business activities, have not or will not experience a breach. It is difficult to determine what, if any, negative impact may directly result from any specific interruption or cyber-attacks or security breaches of our networks or systems (or the networks or systems of third parties that facilitate our business activities) or any failure to maintain performance, reliability and security of our technical infrastructure, but such computer malware, viruses, and computer hacking and phishing attacks may negatively affect our operations. We rely heavily on our financial, accounting and other data processing systems, and any failure to maintain performance, reliability and security of these systems and our other technical infrastructure could have a significant adverse effect on our financial condition or results of operations.
We pay a monthly dividend to our shareholders. A monthly dividend strategy could attract shareholders that are especially sensitive to the level and frequency of the dividend. If we were to reduce the dividend or change back to a quarterly payment cycle, our share price could materially decline.
Our strategy of paying a monthly dividend is designed in part to attract retail shareholders that invest in stocks which pay a monthly dividend. The ownership of our stock may become overly concentrated in shareholders who only invest in monthly dividend paying stocks. These shareholders may be more sensitive to reductions in the dividend or a change in the payment cycle and our share price could materially decline if we were to reduce the dividend or change the payment cycle of our dividend.
RISKS RELATED TO OUR QUALIFICATION AS A REIT AND TAX RELATED MATTERS
We have not established a minimum dividend payment level and we cannot assure you of our ability to pay dividends in the future.
We currently intend to pay regular dividends to our common stockholders and to make distributions to our shareholders in amounts such that all or substantially all of our taxable income, subject to certain adjustments including utilization of our NOL, is distributed. However, we have not established a minimum dividend payment level, and the amount of our dividend will fluctuate. Our ability to pay dividends may be adversely affected by the risk factors described herein. All distributions will be made at the discretion of our Board of Directors and will depend on our GAAP and tax earnings, our financial condition, the requirements for REIT qualification and such other factors as our Board of Directors may deem relevant from time to time. We may not be able to make distributions, or our Board of Directors may change our dividend policy in the future. To the extent that we decide to pay dividends in excess of our current and accumulated tax earnings and profits, such distributions would generally be considered a return of capital for federal income tax purposes. A return of capital reduces the basis of a stockholder’s investment in our common stock to the extent of such basis and is treated as capital gain thereafter.
Qualifying as a REIT involves highly technical and complex provisions of the Code, and a technical or inadvertent violation could jeopardize our REIT qualification. Maintaining our REIT status may reduce our flexibility to manage our operations.
Qualification as a REIT involves the application of highly technical and complex Code provisions for which only limited judicial and administrative authorities exist. Even a technical or inadvertent violation could jeopardize our REIT qualification. Our qualification as a REIT will depend on our satisfaction of certain asset, income, organizational, distribution, stockholder ownership and other requirements on a continuing basis. Our operations and use of leverage also subject us to interpretations of the Code, and technical or inadvertent violations of the relevant requirements under the Code could cause us to lose our REIT status or to pay significant penalties and interest. In addition, our ability to satisfy the
58


requirements to qualify as a REIT depends in part on the actions of third parties over which we have no control or only limited influence, including in cases where we own an equity interest in an entity that is classified as a partnership for U.S. federal income tax purposes.
Maintaining our REIT status may limit flexibility in managing our operations. For instance:
If we make frequent asset sales from our REIT entities to persons deemed customers, we could be viewed as a “dealer,” and thus subject to 100% prohibited transaction taxes or other entity level taxes on income from such transactions.
Compliance with the REIT income and asset requirements may limit the type or extent of hedging that we can undertake and could limit our ability to invest in TBA securities.
Our ability to own non-real estate related assets and earn non-real estate related income is limited. Our ability to own equity interests in other entities is limited. If we fail to comply with these limits, we may be forced to liquidate attractive assets on short notice on unfavorable terms in order to maintain our REIT status.
Our ability to invest in taxable subsidiaries is limited under the REIT rules. Maintaining compliance with this limitation could require us to constrain the growth of future taxable REIT affiliates.
Notwithstanding our NOL carryforward, meeting minimum REIT dividend distribution requirements could reduce our liquidity. Earning non-cash REIT taxable income could necessitate our selling assets, incurring debt, or raising new equity in order to fund dividend distributions.
Stock ownership tests may limit our ability to raise significant amounts of equity capital from one source.
If we do not qualify as a REIT or fail to remain qualified as a REIT, we may be subject to tax as a regular corporation and could face a tax liability, which would reduce the amount of cash available for distribution to our shareholders.
We intend to operate in a manner that will allow us to qualify as a REIT for federal income tax purposes. Our qualification as a REIT will depend on our satisfaction of certain asset, income, organizational, distribution, stockholder ownership and other requirements on a continuing basis. Our ability to satisfy the asset tests depends upon our analysis of the characterization and fair market values of our assets, some of which are not susceptible to a precise determination, and for which we will not obtain independent appraisals. Our compliance with the REIT income and quarterly asset requirements also depends upon our ability to successfully manage the composition of our income and assets on an ongoing basis.
If we were to fail to qualify as a REIT in any taxable year, we would be subject to federal income tax, after consideration of our NOL carryforward but not considering any dividends paid to our shareholders during the respective tax year. If we could not otherwise offset this taxable income with our NOL carryforward, the resulting corporate tax liability could be material to our results and would reduce the amount of cash available for distribution to our shareholders, which in turn could have an adverse impact on the value of our common stock. Unless we were entitled to relief under certain Code provisions, we also would be disqualified from taxation as a REIT until the fifth taxable year following the year for which we failed to qualify as a REIT.
Dividends payable by REITs do not qualify for the reduced tax rates available for some dividends.
The maximum tax rate applicable to “qualified dividend income” payable to U.S. stockholders that are taxed at individual rates is lower than corresponding maximum ordinary income tax rates. Dividends payable by REITs, however, are generally not eligible for the reduced rates on qualified dividend income. Rather, under the recently enacted Tax Cuts and Jobs Act (the “TCJA”), qualified REIT dividends constitute “qualified business income” and thus a 20% deduction is available to individual taxpayers with respect to such dividends, resulting in a 29.6% maximum federal tax rate (plus the 3.8% surtax on net investment income, if applicable) for individual U.S. stockholders. Additionally, without further legislative action, the 20% deduction applicable to qualified REIT dividends will expire on January 1, 2026. The more favorable rates applicable to regular corporate qualified dividends could cause investors who are taxed at individual rates to perceive investments in REITs to be relatively less attractive than investments in the stocks of non-REIT corporations that pay dividends, which could adversely affect the value of the shares of REITs, including our common stock.
Legislative or other actions affecting REITs could materially and adversely affect us and our stockholders.
59


The rules dealing with U.S. federal income taxation are constantly under review by persons involved in the legislative process and by the IRS and the U.S. Treasury. Changes to the tax laws, with or without retroactive application, could materially and adversely affect us and our stockholders. We cannot predict how changes in the tax laws might affect us or our stockholders. New legislation, U.S. Treasury regulations, administrative interpretations or court decisions could significantly and negatively affect our ability to qualify as a REIT or the U.S. federal income tax consequences of such qualification.
In addition, the effect of substantive changes made by the TCJA is highly uncertain, both in terms of their direct effect on the taxation of an investment in our common stock and their indirect effect on the value of our assets. Furthermore, many of the provisions of the TCJA will require guidance through the issuance of U.S. Treasury regulations in order to assess their effect. There may be a substantial delay before such regulations are promulgated, increasing the uncertainty as to the ultimate effect of the statutory amendments on us. It is also likely that there will be technical corrections legislation proposed with respect to the TCJA, the timing and effect of which cannot be predicted and may be adverse to us or our stockholders.
Our ability to invest in and dispose of TBA securities could be limited by our REIT status, and we could lose our REIT status as a result of these investments.
The Code is unclear regarding whether TBA securities are qualifying assets for the 75% asset test and whether income and gains from dispositions of TBA securities are qualifying income for the 75% gross income test. In addition, there is uncertainty under the Code pursuant to the “5% asset test,” whereby ownership of any stocks or securities that do not qualify under the 75% asset test must be limited, in respect of any single non-governmental issuer, to an amount not greater than 5% of the value of our total assets (excluding ownership of any taxable REIT subsidiaries). Given the uncertainty regarding the tax treatment of TBAs, we will seek to limit our investment in TBAs and any other non-qualifying assets to no more than 25% of our assets at the end of any calendar quarter and will limit our investments in TBAs with a single counterparty to no more than 5% of our total assets at the end of any calendar quarter. Further, we will attempt to limit our gains from TBA transactions and any other non-qualifying income to no more than 25% of our gross income for each calendar year. Accordingly, our ability to invest in TBAs utilizing dollar roll transactions could be limited.
We could be subject to a penalty tax or we could fail to qualify as a REIT if (i) the value of our TBAs, together with our other non-qualifying assets for the 75% asset test, exceeded 25% of our gross assets at the end of any calendar quarter or if the value of our investments in TBAs with a single counterparty exceeded 5% of our total assets at the end of any calendar quarter or (ii) our income and gains from the disposition of TBAs, together with our other non-qualifying income for the 75% gross income test, exceeded 25% of our gross income for any taxable year. Any such penalty tax or failure to qualify as a REIT could adversely affect our business operations, financial condition or results of operations.
For REIT test purposes, we treat repurchase agreement transactions as financing of the investments pledged as collateral. If the IRS disagrees with this treatment our ability to qualify as a REIT could be adversely affected.
Repurchase agreement financing arrangements are structured legally as a sale and repurchase whereby we sell certain of our investments to a counterparty and simultaneously enter into an agreement to repurchase these securities at a later date in exchange for a purchase price. Economically, these agreements are financings which are secured by the investments sold pursuant thereto. We believe that we would be treated for REIT asset and income test purposes as the owner of the securities that are the subject of any such sale and repurchase agreement, notwithstanding that such agreement may legally transfer record ownership of the securities to the counterparty during the term of the agreement. It is possible, however, that the IRS could assert that we did not own the securities during the term of the sale and repurchase agreement, in which case we could fail to qualify as a REIT.
Even if we remain qualified as a REIT, we may face other tax liabilities that reduce our cash flow and our profitability.
Even if we remain qualified for taxation as a REIT, we may be subject to certain federal, state and local taxes on our income and assets, including taxes on any undistributed income, tax on income from some activities conducted as a result of a foreclosure or considered prohibited transactions under the Code, and state or local income taxes. Any of these taxes would decrease cash available for distribution to our shareholders. In addition, in order to meet the REIT qualification requirements, or to avert the imposition of a 100% tax that applies to certain gains derived by a REIT from prohibited transactions, we may hold some of our assets through a taxable REIT subsidiary (“TRS”) or other subsidiary corporations that will be subject to corporate-level income tax at regular rates to the extent that such TRS does not have an NOL carryforward. Any of these taxes would decrease cash available for distribution to our shareholders.
60


Recognition of excess inclusion income by us could have adverse consequences to us or our shareholders.
Certain of our securities have historically generated excess inclusion income and may continue to do so in the future. Certain categories of shareholders, such as foreign shareholders eligible for treaty or other benefits, shareholders with NOLs, and certain tax-exempt shareholders that are subject to unrelated business income tax, could be subject to increased taxes on a portion of their dividend income from us that is attributable to excess inclusion income. In addition, to the extent that our stock is owned by tax-exempt “disqualified organizations,” such as certain government-related entities and charitable remainder trusts that are not subject to tax on unrelated business income, we may incur a corporate level tax on a portion of our income. In that case, we may reduce the amount of our distributions to any disqualified organization whose stock ownership gave rise to the tax.
The stock ownership limit imposed by the Code for REITs and our Articles of Incorporation may restrict our business combination opportunities. The stock ownership limitation may also result in reduced liquidity in our stock and may result in losses to an acquiring shareholder.
To qualify as a REIT under the Code, not more than 50% in value of our outstanding stock may be owned, directly or indirectly, by five or fewer individuals (as defined in the Code to include certain entities) at any time during the last half of each taxable year. Our Articles of Incorporation, with certain exceptions, authorize our Board of Directors to take the actions that are necessary and desirable to qualify as a REIT. Pursuant to our Articles of Incorporation, no person may beneficially or constructively own more than 9.8% of our capital stock (including our common stock, or any Series of our Preferred Stocks). Our Board of Directors may grant an exemption from this 9.8% stock ownership limitation, in its sole discretion, subject to such conditions, representations and undertakings as it may determine are reasonably necessary. Our Board of Directors has waived this ownership limitation with respect to FMR LLC. Per the terms of the waiver, FMR LLC may own up to 15% of our outstanding capital stock.
Whether we would waive the ownership limitation for any other shareholder will be determined by our Board of Directors on a case by case basis. Our Articles of Incorporation’s constructive ownership rules are complex and may cause the outstanding stock owned by a group of related individuals or entities to be deemed as constructively owned by one individual or entity. As a result, the acquisition of less than these percentages of the outstanding stock by an individual or entity could cause that individual or entity to own constructively in excess of these percentages of the outstanding stock and thus be subject to the ownership limit. The Board of Directors has the right to refuse to transfer any shares of our capital stock in a transaction that would result in ownership in excess of the ownership limit. In addition, we have the right to redeem shares of our capital stock held in excess of the ownership limit.
The ownership limits imposed by the tax law are based upon direct or indirect ownership by “individuals,” but only during the last half of a tax year. The ownership limits contained in our Articles of Incorporation apply to the ownership at any time by any “person,” which includes entities, and are intended to assist us in complying with the tax law requirements and to minimize administrative burdens. However, these ownership limits might also delay or prevent a transaction or a change in our control that might involve a premium price for our stock or otherwise be in the best interest of our shareholders.

The stock ownership limit imposed by the Code for REITs and our Articles of Incorporation may impair the ability of holders to convert shares of our outstanding preferred stock into shares of our common stock upon a change of control.

The terms of our outstanding preferred stock provide that, upon occurrence of a change of control (as defined in the Articles of Incorporation), each holder of our outstanding preferred stock will potentially have the right to convert in conjunction with a change in control all or part of such outstanding preferred stock held by such holder into a number of shares of our common stock per share of outstanding preferred stock, respectively, based on formulas set forth in our Articles of Incorporation. However, the stock ownership restrictions in our Articles of Incorporation also restrict ownership of shares of our outstanding preferred stock. As a result, no holder of outstanding preferred stock will be entitled to convert such stock into our common stock to the extent that receipt of our common stock would cause the holder to exceed the ownership limitations contained in our Articles of Incorporation, endanger the tax status of one or more real estate mortgage investment conduits (“REMICs”) in which we have or plan to have an interest, or result in the imposition of a direct or indirect penalty tax on us. These provisions may limit the ability of a holder of outstanding preferred stock to convert shares of preferred stock into our common stock upon a change of control, which could adversely affect the market price of shares of our outstanding preferred stock.


61


ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Issuer Purchases of Equity Securities

        As of March 31, 2020, the Company had been authorized by its Board of Directors to repurchase up to $40 million of its outstanding shares of common stock through December 31, 2020, of which the Company had approximately $14.8 million remaining as of March 31, 2020. On April 14, 2020, the Company was authorized by its Board of Directors to spend up to $40 million to repurchase outstanding shares of common stock through March 31, 2022, none of which repurchase authority has been used by the Company as of the date of filing of this Quarterly Report on Form 10-Q. The April 2020 authorization superseded the prior repurchase authorization in its entirety.

Subject to applicable securities laws and the terms of the Series B Preferred Stock and the Series C Preferred Stock, both of which are contained in our Articles of Incorporation, future repurchases of common stock will be made at times and in amounts as the Company deems appropriate, provided that the repurchase price per share is less than the Company's estimate of the current net book value of a share of common stock. Repurchases may be suspended or discontinued at any time. The following table summarizes repurchases of our common stock that occurred during the three months ended March 31, 2020:

Total Number of SharesAverage Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced Plans or ProgramsMaximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plans or Programs
($ in thousands)
January 1 - 31, 2020—  $—  —  $15,000  
February 1 - 29, 2020 (1)
12,744  —  —  15,000  
March 1 - 31, 202018,782  10.98  18,782  14,794  
31,526  $10.98  18,782  
(1) These shares were withheld from certain employees to satisfy tax withholding obligations arising upon the vesting of restricted shares. Accordingly, these shares are not included in the calculation of approximate dollar value of shares that may yet be purchased under the $40 million repurchase plan authorized by the Company's Board of Directors.

On April 14, 2020, the Company was also authorized by its Board of Directors to spend up to $40 million to repurchase outstanding shares of preferred stock through March 31, 2022.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. MINE SAFETY DISCLOSURES
         
         None.

ITEM 5. OTHER INFORMATION

None.


62




ITEM 6. EXHIBITS

Exhibit No.Description
3.1
3.1.1
3.1.2
3.2
4.1
4.3
4.4
10.39
10.40
31.1
31.2
32.1
101The following materials from Dynex Capital, Inc.'s Quarterly Report on Form 10-Q for the three months ended March 31, 2020, formatted in iXBRL (Inline Extensible Business Reporting Language), filed herewith: (i) Consolidated Balance Sheets, (ii) Consolidated Statements of Comprehensive Income (Loss), (iii) Consolidated Statements of Shareholders’ Equity, (iv) Consolidated Statements of Cash Flows, and (v) Notes to Unaudited Consolidated Financial Statements.
104 The cover page from Dynex Capital, Inc.'s Quarterly Report on Form 10-Q for the three months ended March 31, 2020, formatted in iXBRL (Inline Extensible Business Reporting Language) (included with Exhibit 101).

63


SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


DYNEX CAPITAL, INC.
Date:May 11, 2020/s/ Byron L. Boston
Byron L. Boston
Chief Executive Officer, President,
Co-Chief Investment Officer, and Director
(Principal Executive Officer)
Date:May 11, 2020/s/ Stephen J. Benedetti
Stephen J. Benedetti
Executive Vice President, Chief Financial Officer and Chief Operating Officer
(Principal Financial Officer)



64
EX-31.1 2 a1q20ex-311ceocertific.htm EX-31.1 Document

Exhibit 31.1

CERTIFICATIONS

I, Byron L. Boston, certify that:
1.I have reviewed this Quarterly Report on Form 10-Q of Dynex Capital, Inc.;
2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date:  May 11, 2020 
 /s/ Byron L. Boston
 Byron L. Boston
 Principal Executive Officer


EX-31.2 3 a1q20ex-312cfocertific.htm EX-31.2 Document

Exhibit 31.2

CERTIFICATIONS

I, Stephen J. Benedetti, certify that:
1.I have reviewed this Quarterly Report on Form 10-Q of Dynex Capital, Inc.;
2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date:  May 11, 2020 
 /s/ Stephen J. Benedetti
 Stephen J. Benedetti
 Principal Financial Officer


EX-32.1 4 a1q20ex-321soxcertific.htm EX-32.1 Document

Exhibit 32.1


CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER
PURSUANT TO SECTION 906


In connection with the Quarterly Report on Form 10-Q of Dynex Capital, Inc. (the “Company”) for the three months ended March 31, 2020, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), the undersigned, as the Principal Executive Officer of the Company and the Principal Financial Officer of the Company, respectively, certify, pursuant to and for purposes of 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to their knowledge:
(1)The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date:  May 11, 2020/s/ Byron L. Boston
 Byron L. Boston
 Principal Executive Officer
  
  
Date:  May 11, 2020/s/ Stephen J. Benedetti
 Stephen J. Benedetti
 Principal Financial Officer




EX-101.SCH 5 dx-20200331.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0001001 - Document - Document and Entity Information Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 1001002 - Statement - Consolidated Balance Sheets link:presentationLink link:calculationLink link:definitionLink 1402401 - Statement - Consolidated Balance Sheets (Parenthetical) Details) link:presentationLink link:calculationLink link:definitionLink 1003003 - Statement - Consolidated Statements of Comprehensive Income link:presentationLink link:calculationLink link:definitionLink 1004004 - Statement - Consolidated Statements of Shareholders' Equity Statement link:presentationLink link:calculationLink link:definitionLink 1005005 - Statement - Consolidated Statements of Cash Flows link:presentationLink link:calculationLink link:definitionLink 2101101 - Disclosure - Organization and Summary of Significant Accounting Policies (Notes) link:presentationLink link:calculationLink link:definitionLink 2202201 - Disclosure - Organization and Summary of Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 2403402 - Disclosure - Organization and Summary of Significant Accounting Policies (Details) link:presentationLink link:calculationLink link:definitionLink 2104102 - Disclosure - Commitment and Contingencies link:presentationLink link:calculationLink link:definitionLink 2305301 - Disclosure - Commitment and Contingencies (Tables) link:presentationLink link:calculationLink link:definitionLink 2406403 - Disclosure - Commitment and Contingencies (Details) link:presentationLink link:calculationLink link:definitionLink 2107103 - Disclosure - Investments in Debt Securities Investment in Debt Securities (Notes) link:presentationLink link:calculationLink link:definitionLink 2308302 - Disclosure - Investments in Debt Securities Investments in Debt Securities (Tables) link:presentationLink link:calculationLink link:definitionLink 2409404 - Disclosure - Investments in Debt Securities Investments in Debt Securities (Details) link:presentationLink link:calculationLink link:definitionLink 2110104 - Disclosure - Repurchase Agreements (Notes) link:presentationLink link:calculationLink link:definitionLink 2311303 - Disclosure - Repurchase Agreements (Tables) link:presentationLink link:calculationLink link:definitionLink 2412405 - Disclosure - Repurchase Agreements (Details) link:presentationLink link:calculationLink link:definitionLink 2413406 - Disclosure - Repurchase Agreements Remaining Term to Maturity (Details) link:presentationLink link:calculationLink link:definitionLink 2414407 - Disclosure - Repurchase Agreements Counterparty Information (Details) link:presentationLink link:calculationLink link:definitionLink 2415408 - Disclosure - Repurchase Agreements Offsetting (Details) link:presentationLink link:calculationLink link:definitionLink 2116105 - Disclosure - Derivatives (Notes) link:presentationLink link:calculationLink link:definitionLink 2317304 - Disclosure - Derivatives (Tables) link:presentationLink link:calculationLink link:definitionLink 2418409 - Disclosure - Derivatives (Details) link:presentationLink link:calculationLink link:definitionLink 2419410 - Disclosure - Derivatives TBA securities (Details) link:presentationLink link:calculationLink link:definitionLink 2420411 - Disclosure - Derivatives Volume of Activity (Details) link:presentationLink link:calculationLink link:definitionLink 2421412 - Disclosure - Derivatives Offsetting Assets (Details) link:presentationLink link:calculationLink link:definitionLink 2422413 - Disclosure - Derivatives Offsetting Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 2123106 - Disclosure - Fair Value of Financial Instruments (Notes) link:presentationLink link:calculationLink link:definitionLink 2324305 - Disclosure - Fair Value of Financial Instruments (Tables) link:presentationLink link:calculationLink link:definitionLink 2425414 - Disclosure - Fair Value of Financial Instruments (Details) link:presentationLink link:calculationLink link:definitionLink 2426415 - Disclosure - Fair Value of Financial Instruments Level 3 (Details) link:presentationLink link:calculationLink link:definitionLink 2127107 - Disclosure - Shareholders' Equity and Share-Based Compensation (Notes) link:presentationLink link:calculationLink link:definitionLink 2328306 - Disclosure - Shareholders' Equity and Share-Based Compensation (Tables) link:presentationLink link:calculationLink link:definitionLink 2429416 - Disclosure - Shareholders' Equity (Details) link:presentationLink link:calculationLink link:definitionLink 2430417 - Disclosure - Shareholders' Equity and Share-Based Compensation Share-based Compensation (Details) link:presentationLink link:calculationLink link:definitionLink 2131108 - Disclosure - Subsequent Events (Notes) link:presentationLink link:calculationLink link:definitionLink 2432418 - Disclosure - Subsequent Events Subsequent Events (Details) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 6 dx-20200331_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 7 dx-20200331_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 8 dx-20200331_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Restricted stock granted, net of amortization Stock Issued During Period, Value, Restricted Stock Award, Gross  Total shareholders’ equity Balance Balance Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest Series A Preferred Stock Series A Preferred Stock Series A Preferred Stock [Member] Investment in Debt Securities, Policy Investment, Policy [Policy Text Block] Level 3 Fair Value, Inputs, Level 3 [Member] Long-term Line of Credit Long-term Line of Credit Derivative Instruments, Gain (Loss) Schedule of Derivative Instruments Included in Trading Activities [Table Text Block] Net (decrease) increase in cash, cash equivalents, and restricted cash Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect Derivative, Collateral, Right to Reclaim Securities Derivative, Collateral, Right to Reclaim Securities Principal payments received on mortgage loans held for investment Proceeds from Collection of Finance Receivables (Decrease) increase in accrued interest payable Increase (Decrease) in Interest Payable, Net Derivative Liability, Notional Amount Derivative Liability, Notional Amount Derivative Liability, Notional Amount Derivative Liability, Notional Amount Asset Class [Axis] Asset Class [Axis] Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets [Table Text Block] Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets [Table Text Block] Restricted stock granted Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period Restricted stock vested Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period Current Fiscal Year End Date Current Fiscal Year End Date Offsetting Assets Offsetting Assets [Table Text Block] Impact of COVID-19 Impact of COVID-19 [Text Block] Impact of COVID-19 Proceeds from issuance of common stock Proceeds from Issuance of Common Stock Dividends Payable, Date to be Paid Dividends Payable, Date to be Paid Derivative [Line Items] Derivative [Line Items] Schedule of Assets and Associated Liabilities Accounted for as Secured Borrowings [Table] Schedule of Assets and Associated Liabilities Accounted for as Secured Borrowings [Table] Investments [Line Items] Schedule of Investments [Line Items] Entity Address, Postal Zip Code Entity Address, Postal Zip Code Stock issuance costs Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs Debt Securities, Available-for-sale [Table Text Block] Debt Securities, Available-for-sale [Table Text Block] Stock issuance, value Stock Issued During Period, Value, New Issues Line of Credit Facility, Maximum Borrowing Capacity Line of Credit Facility, Maximum Borrowing Capacity Investments [Table] Schedule of Investments [Table] Cost Basis,TBA Cost Basis,TBA Represents the forward price to be paid for the underlying security as if settled. Preferred Stock, Dividend Payment Terms Preferred Stock, Dividend Payment Terms Accumulated Other Comprehensive Income (Loss) AOCI Attributable to Parent [Member] Total assets Assets Adjustments for tax withholding on share-based compensation Share-based Payment Arrangement, Decrease for Tax Withholding Obligation Preferred Stock, Liquidation Preference, Value Preferred Stock, Liquidation Preference, Value Entity Shell Company Entity Shell Company Stock Redeemed or Called During Period, Shares Stock Redeemed or Called During Period, Shares Document Type Document Type Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax Subsequent Event [Member] Subsequent Event [Member] Derivative, Collateral, Obligation to Return Securities Derivative, Collateral, Obligation to Return Securities Scenario [Domain] Scenario [Domain] Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value Derivative Instruments and Hedging Activities Disclosure [Abstract] Derivative Instruments and Hedging Activities Disclosure [Abstract] Restricted Stock Restricted Stock [Member] Accrued interest payable Interest Payable Other amortization and depreciation, net Other Depreciation and Amortization Financial Instrument [Axis] Financial Instrument [Axis] Preferred Stock Preferred Stock [Member] Equity [Abstract] Equity [Abstract] Non-Agency MBS Mortgage-backed Securities, Issued by Private Enterprises [Member] Preferred Stock, Shares Outstanding Balance, Preferred shares outstanding Balance, Preferred shares outstanding Preferred Stock, Shares Outstanding Document Quarterly Report Document Quarterly Report Cash, cash equivalents, and restricted cash at beginning of period Cash, cash equivalents, and restricted cash at end of period Total cash, cash equivalents, and restricted cash shown on consolidated statement of cash flows Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Weighted average common shares-basic and diluted Weighted Average Number of Shares Outstanding, Basic and Diluted Class of Stock [Domain] Class of Stock [Domain] Gain on sale of investments, net Debt and Equity Securities, Realized Gain (Loss) Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss Payments for Repurchase of Redeemable Preferred Stock Payments for Repurchase of Redeemable Preferred Stock Restricted stock granted, net of amortization Stock Issued During Period, Shares, Restricted Stock Award, Gross Asset Class [Domain] Asset Class [Domain] Agency MBS Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] Transaction Type [Axis] Transaction Type [Axis] Entity File Number Entity File Number Pledged MBS of $3,268,796 and $5,024,625, respectively Pledged Financial Instruments, Not Separately Reported, Mortgage-Related Securities Available-for-sale or Held-for-investment Borrowings against securities sold, unsettled Borrowings against securities sold, unsettled Amount of borrowings for which securities sold but unsettled at the reporting date were pledged as collateral. Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount Securities Sold under Agreements to Repurchase, Amount Offset Against Collateral Securities Sold under Agreements to Repurchase, Amount Offset Against Collateral Cumulative Effect of New Accounting Principle in Period of Adoption Cumulative Effect of New Accounting Principle in Period of Adoption Document Fiscal Period Focus Document Fiscal Period Focus Financial Instruments [Domain] Financial Instruments [Domain] Preferred stock, par value $0.01 per share; 50,000,000 shares authorized; 7,248,330 and 6,788,330 shares issued and outstanding, respectively ($181,208 and $169,708 aggregate liquidation preference, respectively) Preferred Stock, Value, Outstanding Reclassification adjustment for gain on sale of investments, net Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax Restricted stock vested, weighted average grant date fair value per share Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Measurement Frequency [Domain] Measurement Frequency [Domain] Statement [Line Items] Statement [Line Items] Hedging Designation [Domain] Hedging Designation [Domain] Stock Redeemed or Called During Period, Value Stock Redeemed or Called During Period, Value Derivative Instruments Not Designated as Hedging Instruments, Loss Derivative Instruments Not Designated as Hedging Instruments, Loss Fair Value Disclosures [Abstract] Fair Value Disclosures [Abstract] Common Stock, Dividends, Per Share, Declared Common Stock, Dividends, Per Share, Declared WAVG Original Term to Maturity Original term to maturity The length of time measured in days between the original date a repurchase agreement amount was borrowed and its maturity (or interest rate reset) date. Options on U.S. Treasury futures Options on U.S. Treasury futures Exchange Traded Options [Member] Repurchase Agreement Counterparty, Amount at Risk Repurchase Agreement Counterparty, Amount at Risk Earnings Per Share, Policy Earnings Per Share, Policy [Policy Text Block] Comprehensive (loss) income to common shareholders Comprehensive Income (Loss), Net of Tax, Attributable to Parent Subsequent Event Type [Axis] Subsequent Event Type [Axis] Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] Notional balance for interest only securities Notional balance for interest only securities Notional balance for interest only securities owned by the Company. Interest only securities represent the right to receive excess interest payments, and not principal cash flows, based on the underlying unpaid principal balance (ie, notional) of the underlying pool of mortgage loans. Statement of Stockholders' Equity [Abstract] Statement of Stockholders' Equity [Abstract] Borrowings outstanding with counterparty Borrowings outstanding with counterparty Amount represents the total debt outstanding with named counterparty when the amount of equity at risk with that counterparty exceeds 10% of the Company's shareholders' equity. Amendment Flag Amendment Flag Repurchase agreements Net Amount of Liabilities Presented in the Balance Sheet Securities Sold under Agreements to Repurchase Debt Securities, Available-for-sale, Amortized Cost Debt Securities, Available-for-sale, Amortized Cost Amortization of investment premiums, net Amortization Common Stock, Shares, Outstanding Balance, Common shares outstanding Balance, Common shares outstanding Common Stock, Shares, Outstanding U.S. Treasury futures Futures Future [Member] Level 1 Fair Value, Inputs, Level 1 [Member] Interest expense Interest Expense Derivative assets, fair value Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value Maturity between 3 and 6 years Maturity between 3 and 6 years [Member] Maturity greater than 3 years and less than or equal to 6 years Restricted cash Restricted Cash and Cash Equivalents Class of Stock [Axis] Class of Stock [Axis] Use of Estimates [Policy Text Block] Use of Estimates, Policy [Policy Text Block] Financial Liabilities Fair Value Disclosure Financial Liabilities Fair Value Disclosure Local Phone Number Local Phone Number Derivative Instrument Maturity Schedule [Domain] Derivative Instrument Maturity Schedule [Domain] Derivative Instrument Maturity Schedule [Domain] Other assets, net Prepaid Expense and Other Assets Position Position [Domain] Position Position [Axis] Transaction [Domain] Transaction [Domain] Non-Agency Non-Agency [Member] Issued by a private entity and not a government sponsored entity. Shareholders' Equity and Share-based Compensation Shareholders' Equity and Share-based Payments [Text Block] Derivative, Average Remaining Maturity Derivative, Average Remaining Maturity Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items] Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items] Organization and Summary of Significant Accounting Policies Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block] Preferred Stock, Dividend Rate, Percentage Preferred Stock, Dividend Rate, Percentage Derivative Instruments [Policy Text Block] Derivatives, Policy [Policy Text Block] Entity Current Reporting Status Entity Current Reporting Status Schedule of Assets Sold under Agreements to Repurchase [Table] Schedule of Assets Sold under Agreements to Repurchase [Table] Net loss Net (loss) income Net loss (income) Net Income (Loss) Attributable to Parent Variation margin Variation margin Amount received or paid as legal settlement of derivatives centrally cleared through an exchange as opposed to a pledge of collateral. Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Securities Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Securities TBA securities Forward Contracts [Member] Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year Fair value adjustments, net Mortgage Servicing Rights (MSR) Impairment (Recovery) Common Stock Common Stock [Member] Series B Preferred Stock Series B Preferred Stock Series B Preferred Stock [Member] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Proceeds from issuance of preferred stock Proceeds from Issuance of Preferred Stock and Preference Stock Entity Small Business Entity Small Business Commitments and Contingencies Disclosure [Abstract] Scenario [Axis] Scenario [Axis] Purchase of investments Payments to Acquire Investments Entity Filer Category Entity Filer Category 30 to 90 days Maturity 30 to 90 Days [Member] Proceeds from Sale of Available-for-sale Securities Proceeds from Sale of Available-for-sale Securities Interest rate swaps Interest Rate Swap [Member] Total liabilities and shareholders’ equity Liabilities and Equity Other comprehensive income: Other Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] Entity Address, City or Town Entity Address, City or Town Not Designated as Hedging Instrument, Economic Hedge Not Designated as Hedging Instrument, Economic Hedge [Member] Accrued dividends payable Dividends Payable Other general and administrative Other General and Administrative Expense Preferred Stock, Shares Authorized Preferred Stock, Shares Authorized Repurchase Agreement Counterparty [Line Items] Repurchase Agreement Counterparty [Line Items] Derivative instrument, cost basis Derivative instrument, cost basis The cost basis of the derivative instruments when contract was entered into. Stockholders' Equity Attributable to Parent [Abstract] Stockholders' Equity Attributable to Parent [Abstract] Document Fiscal Year Focus Document Fiscal Year Focus Schedule of Stock by Class [Table] Schedule of Stock by Class [Table] Proceeds from sales of investments Proceeds from Sale of Debt Securities, Available-for-sale Offsetting Assets [Line Items] Offsetting Assets [Line Items] Other operating expense, net Other Operating Income (Expense), Net Derivative liabilities Derivative liabilities Derivative Liability Subsequent Events Subsequent Events [Text Block] Debt Securities, Available-for-sale, Realized Gain (Loss) Debt Securities, Available-for-sale, Realized Gain (Loss) Redemption Premium Redemption Premium Fair Value, Measurements, Recurring Fair Value, Recurring [Member] Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation Award Type [Axis] Award Type [Axis] Derivative, Average Fixed Interest Rate Derivative, Average Fixed Interest Rate Repurchase Agreements [Policy Text Block] Transfers and Servicing of Financial Assets, Transfers of Financial Assets, Financings, Policy [Policy Text Block] Dividends on common stock Dividends, Common Stock, Cash Class of Stock [Line Items] Class of Stock [Line Items] Subsequent Events [Abstract] Subsequent Events [Abstract] Preferred Stock, Dividends Per Share, Declared Preferred Stock, Dividends Per Share, Declared Accumulated other comprehensive income Accumulated Other Comprehensive Income (Loss), Net of Tax Stock Repurchased During Period, Value Stock Repurchased During Period, Value Derivative Asset, Fair Value, Amount Offset Against Collateral Derivative Asset, Fair Value, Amount Offset Against Collateral Subsequent Event Type [Domain] Subsequent Event Type [Domain] Derivative Liability, Fair Value, Amount Not Offset Against Collateral Derivative Liability, Fair Value, Amount Not Offset Against Collateral Subsequent Event [Line Items] Subsequent Event [Line Items] Repurchase Agreements and Similar Transactions, Maturity Periods [Domain] Repurchase Agreements and Similar Transactions, Maturity Periods [Domain] Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off Notional amount of derivative instrument maturing, settled, terminated, or paired-off during the period. Liabilities: Liabilities [Abstract] Document Period End Date Document Period End Date Statement [Table] Statement [Table] Accumulated Deficit Accumulated Distributions in Excess of Net Income [Member] Entity Registrant Name Entity Registrant Name Commercial Mortgage Backed Securities Commercial Mortgage Backed Securities [Member] Preferred Stock Redemption Premium Preferred Stock Redemption Premium Dividends paid Payments of Dividends Offsetting [Abstract] Offsetting [Abstract] Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] Investing activities: Net Cash Provided by (Used in) Investing Activities [Abstract] Share-based incentive plan, number of shares authorized for issuance Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized Notional Amount of Derivative Instruments Added Notional Amount of Derivative Instruments Added Aggregate notional amount entered into in the period specified by the derivative(s). Expressed as an absolute value. Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity Schedule of Nonvested Restricted Stock Units Activity [Table Text Block] Loss Contingency, Damages Sought, Value Loss Contingency, Damages Sought, Value Net loss to common shareholders Net Income (Loss) Available to Common Stockholders, Basic Debt Securities, Available-for-sale Debt Securities, Available-for-sale Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value [Table Text Block] Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value [Table Text Block] Accumulated deficit Retained Earnings (Accumulated Deficit) Payments for Repurchase of Common Stock Payments for Repurchase of Common Stock Document Information [Line Items] Document Information [Line Items] Non-Recourse Debt Non-Recourse Debt Entity Tax Identification Number Entity Tax Identification Number Unrealized gain on available-for-sale investments, net Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax Trading Symbol Trading Symbol Investments, Debt and Equity Securities [Abstract] Investments, Debt and Equity Securities [Abstract] Not Designated as Hedging Instrument, Trading Not Designated as Hedging Instrument, Trading [Member] Long position Long [Member] Gross Amount of Recognized Liabilities Securities Sold under Agreements to Repurchase, Gross Adjustments to reconcile net loss to cash provided by operating activities: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Net cash and cash equivalents (used in) provided by financing activities Net Cash Provided by (Used in) Financing Activities Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) Loss on derivative instruments, net Unrealized Gain (Loss) on Derivatives and Commodity Contracts Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements Contingencies Disclosure Contingencies Disclosure [Text Block] Offsetting Liabilities [Line Items] Offsetting Liabilities [Line Items] Fair Value of Collateral Pledged Assets Sold under Agreements to Repurchase, Carrying Amount Derivative Liability, Fair Value, Gross Liability Derivative Liability, Fair Value, Gross Liability Derivative Liability, Fair Value, Gross Liability City Area Code City Area Code Assets Sold under Agreements to Repurchase, Repurchase Liability Assets Sold under Agreements to Repurchase, Repurchase Liability Other liabilities Other Liabilities Title of 12(b) Security Title of 12(b) Security Loss Contingency, Inestimable Loss Loss Contingency, Inestimable Loss Other investing activities Payments for (Proceeds from) Other Investing Activities Decrease (increase) in accrued interest receivable Increase (Decrease) in Accrued Interest Receivable, Net Assets, Fair Value Disclosure Assets, Fair Value Disclosure Counterparty Name [Axis] Counterparty Name [Axis] Fair Value Hierarchy and NAV [Axis] Fair Value Hierarchy and NAV [Axis] Fair value adjustments, net Other Noncash Income (Expense) Cash and Cash Equivalents [Policy Text Block] Cash and Cash Equivalents, Unrestricted Cash and Cash Equivalents, Policy [Policy Text Block] Restricted stock granted, weighted average grant date fair value per share Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value Assets [Abstract] Assets [Abstract] Derivative liabilities, fair value Derivative Instruments Not Designated as Hedging Instruments, Liability, at Fair Value Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year Series C Preferred Stock Series C Preferred Stock [Member] Preferred Stock, Par or Stated Value Per Share Preferred Stock, Par or Stated Value Per Share Preferred Stock, Redemption Price Per Share Preferred Stock, Redemption Price Per Share Derivative Liability, Fair Value, Amount Offset Against Collateral Derivative Liability, Fair Value, Amount Offset Against Collateral Consolidation [Policy Text Block] Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block] Borrowings under repurchase agreements Proceeds from Issuance of Debt Dividends Declared Dividends Declared [Table Text Block] Operating activities: Net Cash Provided by (Used in) Operating Activities [Abstract] Organization [Text Block] Nature of Operations [Text Block] Mortgage-Backed Securities Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] Derivative, Collateral, Obligation to Return Cash Derivative, Collateral, Obligation to Return Cash Reclassification adjustment for de-designated cash flow hedges Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax Repayments of repurchase agreement borrowings Repayments of Debt Gross Amount Offset in the Balance Sheet Securities Sold under Agreements to Repurchase, Asset Net loss per common share-basic and diluted Earnings Per Share, Basic and Diluted Par value of available for sale debt security Par value of available for sale debt security Par value of available for sale debt security Preferred Stock, Liquidation Preference Per Share Preferred Stock, Liquidation Preference Per Share Derivative Instrument [Axis] Derivative Instrument [Axis] Increase (Decrease) in Stockholders' Equity [Roll Forward] Increase (Decrease) in Stockholders' Equity [Roll Forward] Income Statement Location [Domain] Income Statement Location [Domain] Supplemental Disclosure of Cash Activity: Supplemental Cash Flow Information [Abstract] Dividends on preferred stock Dividends, Preferred Stock, Cash Repurchase agreements Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block] Securities sold, unsettled, at amortized cost Securities sold, unsettled, at amortized cost Amortized cost of securities sold prior to reporting date which settled after reporting date. Basis of Presentation [Policy Text Block] Basis of Accounting, Policy [Policy Text Block] Statement of Financial Position [Abstract] Statement of Financial Position [Abstract] Stock Repurchased During Period, Shares Stock Repurchased During Period, Shares General and administrative expenses: Noninterest Expense [Abstract] Maturity in three years or less Maturity in three years or less [Member] Maturity in three years or less Weighted Average Rate Assets Sold under Agreements to Repurchase, Interest Rate Assets Sold under Agreements to Repurchase, Interest Rate Common Stock, Shares Authorized Common Stock, Shares Authorized Statement of Cash Flows [Abstract] Statement of Cash Flows [Abstract] Entity Central Index Key Entity Central Index Key Restricted stock outstanding as of beginning of period Restricted stock outstanding as of end of period Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number Entity Emerging Growth Company Entity Emerging Growth Company Stock-based compensation expense Share-based Payment Arrangement, Noncash Expense Change in other assets and liabilities, net Increase (Decrease) in Other Operating Assets and Liabilities, Net Derivatives Derivative Instruments and Hedging Activities Disclosure [Text Block] Derivative [Table] Derivative [Table] Debt Securities, Available-for-sale, Realized Gain Debt Securities, Available-for-sale, Realized Gain Income Taxes [Policy Text Block] Income Tax, Policy [Policy Text Block] Cash paid for stock issuance costs Payments of Stock Issuance Costs Preferred Stock Including Additional Paid in Capital Preferred Stock Including Additional Paid in Capital [Member] Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Cash Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Cash Level 2 Fair Value, Inputs, Level 2 [Member] Recent Accounting Pronouncements [Text Block] New Accounting Pronouncements and Changes in Accounting Principles [Text Block] Dividends Payable, Date of Record Dividends Payable, Date of Record Schedule of Repurchase Agreement Counterparty [Table] Schedule of Repurchase Agreement Counterparty [Table] Preferred Stock, Shares Issued Preferred Stock, Shares Issued Schedule of Realized Gain (Loss) [Table Text Block] Schedule of Realized Gain (Loss) [Table Text Block] LIABILITIES AND SHAREHOLDERS’ EQUITY Liabilities and Equity [Abstract] Other Investments and Securities, at Cost Other Investments and Securities, at Cost Preferred stock dividends Preferred Stock Dividends, Income Statement Impact Financing activities: Net Cash Provided by (Used in) Financing Activities [Abstract] Total other comprehensive income Other Comprehensive Income (Loss), Net of Tax Other Comprehensive Income (Loss), Net of Tax Derivative, Name [Domain] Derivative Contract [Domain] Derivative Contract [Domain] Maturity between 6 and 10 years Maturity between 6 and 10 years [Member] Maturity greater than 6 years and less than or equal to 10 years Fair Value, Measurements, Fair Value Hierarchy [Domain] Fair Value Hierarchy and NAV [Domain] Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss Receivables from Brokers-Dealers and Clearing Organizations Receivables from Brokers-Dealers and Clearing Organizations Accrued interest receivable Interest Receivable Derivative Asset, Notional Amount Derivative Asset, Notional Amount Derivative Asset, Notional Amount Derivative Asset, Notional Amount Schedule of Derivative Instruments in Statement of Financial Position, Fair Value Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] Derivative Instrument Maturity Schedule [Axis] Derivative Instrument Maturity Schedule [Axis] Derivative Instrument Maturity Schedule [Axis] Available Repurchase Agreement Counterparties Number of Counterparties, Borrowing Availability Number of counterparties with whom the Company has borrowing agreements. Subsequent Event [Table] Subsequent Event [Table] Derivative assets Derivative asset Derivative Asset Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition Accounting Policies [Abstract] Accounting Policies [Abstract] Additional Paid-in Capital Additional Paid-in Capital [Member] Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Table Text Block] Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Table Text Block] Debt Securities, Available-for-sale, Realized Loss Debt Securities, Available-for-sale, Realized Loss Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value Share-based Compensation [Policy Text Block] Share-based Payment Arrangement [Policy Text Block] Repurchase Agreements and Similar Transactions, Maturity Periods [Axis] Repurchase Agreements and Similar Transactions, Maturity Periods [Axis] Interest income Interest Income, Operating Payable for unsettled securities Payable for unsettled securities Broker-Dealer, Payable to Other Broker-Dealer and Clearing Organization Loans Receivable Loans Receivable [Member] Offsetting Liabilities [Table] Offsetting Liabilities [Table] Entity Address, Address Line One Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Two Loans Receivable, Fair Value Disclosure Loans Receivable, Fair Value Disclosure Entity Address, State or Province Entity Address, State or Province Income Statement Location [Axis] Income Statement Location [Axis] Market value, TBA Market value, TBA Represents the current estimated fair value of the security underlying the forward contract. Principal payments on non-recourse collateralized financing Proceeds from (Repayments of) Secured Debt Net cash and cash equivalents provided by (used in) investing activities Net Cash Provided by (Used in) Investing Activities Fair Value, Recurring and Nonrecurring [Table] Fair Value, Recurring and Nonrecurring [Table] Interest-Only-Strip Interest-Only-Strip [Member] Net payments on derivatives, including terminations Payments for (Proceeds from) Derivative Instrument, Investing Activities Schedule of Notional Amounts of Outstanding Derivative Positions Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block] Schedule of Derivative Instruments Schedule of Derivative Instruments [Table Text Block] Entity Interactive Data Current Entity Interactive Data Current JP Morgan JP Morgan [Member] JP Morgan Contingencies [Policy Text Block] Commitments and Contingencies, Policy [Policy Text Block] Common Stock, Shares, Issued Common Stock, Shares, Issued Entity Common Stock, Shares Outstanding Entity Common Stock, Shares Outstanding Gain on sale of investments, net Debt Securities, Realized Gain (Loss) Common Stock, Par or Stated Value Per Share Common Stock, Par or Stated Value Per Share Mortgage-backed securities (including pledged of $5,024,625 and $3,511,604, respectively) Financial Instruments, Owned, Mortgages, Mortgage-backed and Asset-backed Securities, at Fair Value Class of Stock Disclosures [Abstract] Class of Stock Disclosures [Abstract] Restricted stock as of beginning of period of period, nonvested, weighted average grant date fair value per share Restricted stock as of end of period, nonvested, weighted average grant date fair value per share Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value Net carrying value, TBA Net carrying value, TBA Represents the difference between the market value and the cost basis of the TBA contract and is the net amount at which the TBA position is recorded on balance sheet as derivative asset (liability). Payments related to tax withholding for stock-based compensation Payment, Tax Withholding, Share-based Payment Arrangement Entity Incorporation, State or Country Code Entity Incorporation, State or Country Code Mortgage-backed securities Mortgage-backed Securities Available-for-sale, Fair Value Disclosure Measurement Frequency [Axis] Measurement Frequency [Axis] Offsetting Liabilities Offsetting Liabilities [Table Text Block] Award Type [Domain] Award Type [Domain] Compensation and benefits Labor and Related Expense Derivative Asset, Fair Value, Amount Not Offset Against Collateral Derivative Asset, Fair Value, Amount Not Offset Against Collateral Stock issuance, shares Stock Issued During Period, Shares, New Issues Hedging Designation [Axis] Hedging Designation [Axis] Accretion (amortization) (3) Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Period Increase (Decrease) Maturity greater than 10 years [Member] Maturity greater than 10 years [Member] Maturity greater than 10 years [Member] Disclosure of Repurchase Agreements [Abstract] Disclosure of Repurchase Agreements [Abstract] Derivative Instruments Not Designated as Hedging Instruments, Gain Derivative Instruments Not Designated as Hedging Instruments, Gain Interest rate swaption Interest Rate Swaption [Member] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  Total liabilities Liabilities Principal payments received on investments Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale Type of Issuer [Domain] Type of Issuer [Domain] [Domain] for Whether issued by a GSE or private issuer Counterparty Name [Domain] Counterparty Name [Domain] Statement of Comprehensive Income [Abstract] Statement of Comprehensive Income [Abstract] Restricted Cash [Policy Text Block] Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block] Cash and cash equivalents Cash and Cash Equivalents, at Carrying Value Number of Counterparties with Borrowings Outstanding Number of Counterparties, Borrowings Outstanding Number of lending counterparties with whom the Company has amounts outstanding as of reporting period. Equity Components [Axis] Equity Components [Axis] Offsetting Assets [Table] Offsetting Assets [Table] WAVG interest rate for amount outstanding with named counterparty WAVG interest rate for amount outstanding with named counterparty WAVG interest rate for amounts outstanding with a particular counterparty or group of related counterparties Balance at the beginning of the period Balance at the end of the period Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value Loss on derivative instruments, net Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net Residential Mortgage Backed Securities Residential Mortgage Backed Securities [Member] Fair Value of Financial Instruments Fair Value Disclosures Fair Value Disclosures [Text Block] Short position Short [Member] Line of Credit Facility, Interest Rate at Period End Line of Credit Facility, Interest Rate at Period End Interest Income Interest Income [Member] Cash paid for interest Interest Paid, Excluding Capitalized Interest, Operating Activities Security Exchange Name Security Exchange Name Investments, Unamortized Premium (Discount) Investments, Unamortized Premium (Discount) The remaining amount of investment premium (discount), net, originally recognized at the purchase date of the instruments that has yet to be amortized (accreted) into earnings. Document Information [Table] Document Information [Table] Type of Issuer [Axis] Type of Issuer [Axis] Whether issued by a GSE or private issuer Additional paid-in capital Additional Paid in Capital, Common Stock Net cash and cash equivalents provided by operating activities Net Cash Provided by (Used in) Operating Activities Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Rollforward] Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward] Equity Component [Domain] Equity Component [Domain] Document Transition Report Document Transition Report Agency Agency [Member] Issued by a government-sponsored entity (GSE). Net interest income Interest Income (Expense), Net Derivative, Collateral, Right to Reclaim Cash Derivative, Collateral, Right to Reclaim Cash Common stock, par value $0.01 per share, 90,000,000 shares authorized; 22,981,978 and 22,945,993 shares issued and outstanding, respectively Common Stock, Value, Outstanding Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings Document Information [Abstract] Document Information [Abstract] Document Information [Abstract] Less than 30 days Maturity Less than 30 Days [Member] Dividends Payable, Date Declared, Month and Year Dividends Payable, Date Declared Derivative Asset, Fair Value, Gross Asset Derivative Asset, Fair Value, Gross Asset EX-101.PRE 9 dx-20200331_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 10 dx-20200331_g1.jpg GRAPHIC begin 644 dx-20200331_g1.jpg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end GRAPHIC 11 dx-20200331_g2.jpg GRAPHIC begin 644 dx-20200331_g2.jpg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end XML 12 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 13 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } ZIP 14 0000826675-20-000040-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000826675-20-000040-xbrl.zip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
  •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end XML 15 R23.htm IDEA: XBRL DOCUMENT v3.20.1
    Investments in Debt Securities Investments in Debt Securities (Details)
    $ in Thousands
    3 Months Ended
    Mar. 31, 2020
    USD ($)
    Mar. 31, 2019
    USD ($)
    Dec. 31, 2019
    USD ($)
    Investments [Line Items]      
    Par value of available for sale debt security $ 2,974,762   $ 4,455,808
    Investments, Unamortized Premium (Discount) 498,166   558,549
    Debt Securities, Available-for-sale, Amortized Cost 3,472,928   5,014,357
    Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax 254,529   175,157
    Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax (7,751)   (1,351)
    Debt Securities, Available-for-sale 3,719,706   5,188,163
    Proceeds from Sale of Available-for-sale Securities 1,991,034 $ 0  
    Debt Securities, Available-for-sale, Realized Gain (Loss) 84,783 0  
    Receivables from Brokers-Dealers and Clearing Organizations 1,503,571   0
    Securities sold, unsettled, at amortized cost 1,431,025    
    Agency MBS      
    Investments [Line Items]      
    Notional balance for interest only securities 13,274,419   13,404,824
    Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value 322,607   215,792
    Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss $ 5,846   $ 1,139
    Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year 56   27
    Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value $ 388   $ 75,745
    Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss $ 79   $ 35
    Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year 2   2
    Interest-Only-Strip      
    Investments [Line Items]      
    Par value of available for sale debt security $ 0 [1]   $ 0 [2]
    Investments, Unamortized Premium (Discount) 462,675   488,145
    Debt Securities, Available-for-sale, Amortized Cost 462,675   488,145
    Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax 2,616   11,760
    Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax (6,802)   (863)
    Debt Securities, Available-for-sale 458,489   499,042
    Non-Agency MBS      
    Investments [Line Items]      
    Par value of available for sale debt security 1,833   1,938
    Investments, Unamortized Premium (Discount) (686)   (780)
    Notional balance for interest only securities 9,680,637   9,799,629
    Debt Securities, Available-for-sale, Amortized Cost 1,147   1,158
    Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax 472   552
    Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax (57)   (20)
    Debt Securities, Available-for-sale 1,562   1,690
    Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value 115,425   13,607
    Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss $ 1,804   $ 146
    Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year 51   7
    Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value $ 111   $ 1,099
    Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss $ 22   $ 31
    Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year 4   5
    Agency | Commercial Mortgage Backed Securities      
    Investments [Line Items]      
    Par value of available for sale debt security $ 2,104,738   $ 1,890,186
    Investments, Unamortized Premium (Discount) 16,937   15,414
    Debt Securities, Available-for-sale, Amortized Cost 2,121,675   1,905,600
    Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax 207,436   93,763
    Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax (892)   (6)
    Debt Securities, Available-for-sale 2,328,219   1,999,357
    Proceeds from Sale of Available-for-sale Securities 173,684 0  
    Debt Securities, Available-for-sale, Realized Loss 20,689 0  
    Agency | Residential Mortgage Backed Securities      
    Investments [Line Items]      
    Par value of available for sale debt security 868,191   2,563,684
    Investments, Unamortized Premium (Discount) 19,240   55,770
    Debt Securities, Available-for-sale, Amortized Cost 887,431   2,619,454
    Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax 44,005   69,082
    Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 0   (462)
    Debt Securities, Available-for-sale 931,436   $ 2,688,074
    Proceeds from Sale of Available-for-sale Securities 1,817,350 0  
    Debt Securities, Available-for-sale, Realized Gain $ 64,094    
    Debt Securities, Available-for-sale, Realized Loss   $ 0  
    [1] The notional balance for the Agency CMBS IO and non-Agency CMBS IO was $13,404,824 and $9,799,629, respectively, as of December 31, 2019.
    [2] The notional balance for Agency CMBS IO and non-Agency CMBS IO was $13,274,419 and $9,680,637 respectively, as of March 31, 2020.

    XML 16 FilingSummary.xml IDEA: XBRL DOCUMENT 3.20.1 html 202 323 1 true 46 0 false 5 false false R1.htm 0001001 - Document - Document and Entity Information Document and Entity Information Sheet http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation Document and Entity Information Document and Entity Information Cover 1 false false R2.htm 1001002 - Statement - Consolidated Balance Sheets Sheet http://www.dynexcapital.com/role/ConsolidatedBalanceSheets Consolidated Balance Sheets Statements 2 false false R3.htm 1003003 - Statement - Consolidated Statements of Comprehensive Income Sheet http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome Consolidated Statements of Comprehensive Income Statements 3 false false R4.htm 1004004 - Statement - Consolidated Statements of Shareholders' Equity Statement Sheet http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement Consolidated Statements of Shareholders' Equity Statement Statements 4 false false R5.htm 1005005 - Statement - Consolidated Statements of Cash Flows Sheet http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows Consolidated Statements of Cash Flows Statements 5 false false R6.htm 1402401 - Statement - Consolidated Balance Sheets (Parenthetical) Details) Sheet http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails Consolidated Balance Sheets (Parenthetical) Details) Statements 6 false false R7.htm 2101101 - Disclosure - Organization and Summary of Significant Accounting Policies (Notes) Notes http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesNotes Organization and Summary of Significant Accounting Policies (Notes) Notes 7 false false R8.htm 2104102 - Disclosure - Commitment and Contingencies Sheet http://www.dynexcapital.com/role/CommitmentandContingencies Commitment and Contingencies Notes 8 false false R9.htm 2107103 - Disclosure - Investments in Debt Securities Investment in Debt Securities (Notes) Notes http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentinDebtSecuritiesNotes Investments in Debt Securities Investment in Debt Securities (Notes) Notes 9 false false R10.htm 2110104 - Disclosure - Repurchase Agreements (Notes) Notes http://www.dynexcapital.com/role/RepurchaseAgreementsNotes Repurchase Agreements (Notes) Notes 10 false false R11.htm 2116105 - Disclosure - Derivatives (Notes) Notes http://www.dynexcapital.com/role/DerivativesNotes Derivatives (Notes) Notes 11 false false R12.htm 2123106 - Disclosure - Fair Value of Financial Instruments (Notes) Notes http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsNotes Fair Value of Financial Instruments (Notes) Notes 12 false false R13.htm 2127107 - Disclosure - Shareholders' Equity and Share-Based Compensation (Notes) Notes http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationNotes Shareholders' Equity and Share-Based Compensation (Notes) Notes 13 false false R14.htm 2131108 - Disclosure - Subsequent Events (Notes) Notes http://www.dynexcapital.com/role/SubsequentEventsNotes Subsequent Events (Notes) Notes 14 false false R15.htm 2202201 - Disclosure - Organization and Summary of Significant Accounting Policies (Policies) Sheet http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies Organization and Summary of Significant Accounting Policies (Policies) Policies http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesNotes 15 false false R16.htm 2308302 - Disclosure - Investments in Debt Securities Investments in Debt Securities (Tables) Sheet http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesTables Investments in Debt Securities Investments in Debt Securities (Tables) Tables 16 false false R17.htm 2311303 - Disclosure - Repurchase Agreements (Tables) Sheet http://www.dynexcapital.com/role/RepurchaseAgreementsTables Repurchase Agreements (Tables) Tables http://www.dynexcapital.com/role/RepurchaseAgreementsNotes 17 false false R18.htm 2317304 - Disclosure - Derivatives (Tables) Sheet http://www.dynexcapital.com/role/DerivativesTables Derivatives (Tables) Tables http://www.dynexcapital.com/role/DerivativesNotes 18 false false R19.htm 2324305 - Disclosure - Fair Value of Financial Instruments (Tables) Sheet http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsTables Fair Value of Financial Instruments (Tables) Tables http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsNotes 19 false false R20.htm 2328306 - Disclosure - Shareholders' Equity and Share-Based Compensation (Tables) Sheet http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationTables Shareholders' Equity and Share-Based Compensation (Tables) Tables http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationNotes 20 false false R21.htm 2403402 - Disclosure - Organization and Summary of Significant Accounting Policies (Details) Sheet http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesDetails Organization and Summary of Significant Accounting Policies (Details) Details http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies 21 false false R22.htm 2406403 - Disclosure - Commitment and Contingencies (Details) Sheet http://www.dynexcapital.com/role/CommitmentandContingenciesDetails Commitment and Contingencies (Details) Details http://www.dynexcapital.com/role/CommitmentandContingencies 22 false false R23.htm 2409404 - Disclosure - Investments in Debt Securities Investments in Debt Securities (Details) Sheet http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails Investments in Debt Securities Investments in Debt Securities (Details) Details http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesTables 23 false false R24.htm 2412405 - Disclosure - Repurchase Agreements (Details) Sheet http://www.dynexcapital.com/role/RepurchaseAgreementsDetails Repurchase Agreements (Details) Details http://www.dynexcapital.com/role/RepurchaseAgreementsTables 24 false false R25.htm 2413406 - Disclosure - Repurchase Agreements Remaining Term to Maturity (Details) Sheet http://www.dynexcapital.com/role/RepurchaseAgreementsRemainingTermtoMaturityDetails Repurchase Agreements Remaining Term to Maturity (Details) Details 25 false false R26.htm 2414407 - Disclosure - Repurchase Agreements Counterparty Information (Details) Sheet http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails Repurchase Agreements Counterparty Information (Details) Details 26 false false R27.htm 2415408 - Disclosure - Repurchase Agreements Offsetting (Details) Sheet http://www.dynexcapital.com/role/RepurchaseAgreementsOffsettingDetails Repurchase Agreements Offsetting (Details) Details 27 false false R28.htm 2418409 - Disclosure - Derivatives (Details) Sheet http://www.dynexcapital.com/role/DerivativesDetails Derivatives (Details) Details http://www.dynexcapital.com/role/DerivativesTables 28 false false R29.htm 2419410 - Disclosure - Derivatives TBA securities (Details) Sheet http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails Derivatives TBA securities (Details) Details 29 false false R30.htm 2420411 - Disclosure - Derivatives Volume of Activity (Details) Sheet http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails Derivatives Volume of Activity (Details) Details 30 false false R31.htm 2421412 - Disclosure - Derivatives Offsetting Assets (Details) Sheet http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails Derivatives Offsetting Assets (Details) Details 31 false false R32.htm 2422413 - Disclosure - Derivatives Offsetting Liabilities (Details) Sheet http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails Derivatives Offsetting Liabilities (Details) Details 32 false false R33.htm 2425414 - Disclosure - Fair Value of Financial Instruments (Details) Sheet http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails Fair Value of Financial Instruments (Details) Details http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsTables 33 false false R34.htm 2426415 - Disclosure - Fair Value of Financial Instruments Level 3 (Details) Sheet http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details Fair Value of Financial Instruments Level 3 (Details) Details http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsTables 34 false false R35.htm 2429416 - Disclosure - Shareholders' Equity (Details) Sheet http://www.dynexcapital.com/role/ShareholdersEquityDetails Shareholders' Equity (Details) Details http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationTables 35 false false R36.htm 2430417 - Disclosure - Shareholders' Equity and Share-Based Compensation Share-based Compensation (Details) Sheet http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails Shareholders' Equity and Share-Based Compensation Share-based Compensation (Details) Details 36 false false R37.htm 2432418 - Disclosure - Subsequent Events Subsequent Events (Details) Sheet http://www.dynexcapital.com/role/SubsequentEventsSubsequentEventsDetails Subsequent Events Subsequent Events (Details) Details 37 false false R9999.htm Uncategorized Items - dx-20200331.htm Sheet http://xbrl.sec.gov/role/uncategorizedFacts Uncategorized Items - dx-20200331.htm Cover 38 false false All Reports Book All Reports dx-20200331.htm a1q20ex-311ceocertific.htm a1q20ex-312cfocertific.htm a1q20ex-321soxcertific.htm dx-20200331.xsd dx-20200331_cal.xml dx-20200331_def.xml dx-20200331_lab.xml dx-20200331_pre.xml dx-20200331_g1.jpg dx-20200331_g2.jpg http://fasb.org/srt/2019-01-31 http://xbrl.sec.gov/dei/2019-01-31 http://fasb.org/us-gaap/2019-01-31 true true XML 17 R27.htm IDEA: XBRL DOCUMENT v3.20.1
    Repurchase Agreements Offsetting (Details) - USD ($)
    $ in Thousands
    Mar. 31, 2020
    Dec. 31, 2019
    Offsetting Liabilities [Line Items]    
    Gross Amount of Recognized Liabilities   $ 4,752,348
    Gross Amount Offset in the Balance Sheet $ 0 0
    Net Amount of Liabilities Presented in the Balance Sheet 4,408,106 4,752,348
    Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Securities [1] (4,408,106) (4,752,348)
    Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Cash 0 0
    Securities Sold under Agreements to Repurchase, Amount Offset Against Collateral $ 0 $ 0
    [1] Amounts disclosed for collateral received by or posted to the same counterparty include cash and the fair value of MBS up to and not exceeding the net amount of the repurchase agreement liability presented in the balance sheet. The fair value of the total collateral received by or posted to the same counterparty may exceed the amounts presented.
    XML 18 R19.htm IDEA: XBRL DOCUMENT v3.20.1
    Fair Value of Financial Instruments (Tables)
    3 Months Ended
    Mar. 31, 2020
    Fair Value Disclosures [Abstract]  
    Fair Value Disclosures FAIR VALUE OF FINANCIAL INSTRUMENTS
     
    Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is based on the assumptions market participants would use when pricing an asset or liability and also considers all aspects of nonperformance risk, including the entity’s own credit standing, when measuring fair value of a liability. ASC Topic 820 established a valuation hierarchy of three levels as follows:
     
    Level 1 – Inputs are unadjusted, quoted prices in active markets for identical assets or liabilities as of the measurement date.
    Level 2 – Inputs include quoted prices in active markets for similar assets or liabilities; quoted prices in inactive markets for identical or similar assets or liabilities; or inputs either directly observable or indirectly observable through correlation with market data at the measurement date and for the duration of the instrument’s anticipated life.
    Level 3 – Unobservable inputs are supported by little or no market activity. The unobservable inputs represent management’s best estimate of how market participants would price the asset or liability at the measurement date. Consideration is given to the risk inherent in the valuation technique and the risk inherent in the inputs to the model.

    The following table presents the Company’s financial instruments that are measured at fair value on the Company’s consolidated balance sheet by their valuation hierarchy levels as of the dates indicated:
    March 31, 2020December 31, 2019
     Fair ValueLevel 1Level 2Level 3Fair ValueLevel 1Level 2Level 3
    Assets carried at fair value:    
    MBS$3,719,706  $—  $3,718,144  $1,562  $5,188,163  $—  $5,186,473  $1,690  
    Mortgage loans held for investment7,922  —  —  7,922  —  —  —  —  
    Derivative assets:
    Options on U.S. Treasury futures3,031  3,031  —  —  2,883  2,883  —  —  
    Interest rate swaptions—  —  —  —  573  —  573  —  
    TBA securities-long positions—  —  —  —  834  —  834  —  
    Total assets carried at fair value$3,730,659  $3,031  $3,718,144  $9,484  $5,192,453  $2,883  $5,187,880  $1,690  
    Liabilities carried at fair value:
    TBA-short positions$5,202  $—  $5,202  $—  $974  $—  $974  $—  
    U.S. Treasury futures8,438  8,438  —  —  —  —  —  —  
    Total liabilities carried at fair value$13,640  $8,438  $5,202  $—  $974  $—  $974  $—  

    The fair value measurements for the Company's MBS are considered Level 2 when there are substantially similar securities actively trading or for which there has been recent trading activity in their respective markets. The Company determines the fair value of its Level 2 securities based on prices received from the Company's primary pricing service as well as other pricing services and brokers. The Company evaluates the third-party prices it receives to assess their
    reasonableness. Although the Company does not adjust third-party prices, they may be excluded from use in the determination of a security's fair value if they are significantly different from other observable market data. In valuing a security, the primary pricing service uses either a market approach, which uses observable prices and other relevant information that is generated by market transactions of identical or similar securities, or an income approach, which uses valuation techniques to convert future amounts to a single, discounted present value amount. The Company also reviews the assumptions and inputs utilized in the valuation techniques of its primary pricing service. Examples of these observable inputs and assumptions include market interest rates, credit spreads, and projected prepayment speeds, among other things.

    The Company owns MBS and mortgage loans that are considered Level 3 assets because there has been no recent trading activity of similar instruments upon which their fair value can be measured. The fair value for these Level 3 assets is measured by discounting the estimated future cash flows derived from cash flow models using significant inputs which are determined by the Company when market observable inputs are not available. Information utilized in those pricing models include the security’s credit rating, coupon rate, estimated prepayment speeds, expected weighted average life, collateral composition, estimated future interest rates, expected credit losses, and credit enhancement as well as certain other relevant information. The Company used a constant prepayment rate assumption of 10%, default rate of 2%, loss severity of 20%, and a discount rate of 8.8% in measuring the fair value of its Level 3 assets as of March 31, 2020. Significant changes in any of these inputs in isolation may result in a significantly different fair value measurement. Level 3 assets are generally most sensitive to the default rate and severity assumptions.

    The activity of the Company’s Level 3 assets during the first quarter of 2020 is presented in the following table:
    Three Months Ended
    March 31, 2020
    Other Non-Agency MBSMortgage Loans
    Balance as of beginning of period, adjusted (1)
    $1,690  $8,857  
    Change in fair value (2)
    (116) (312) 
    Principal payments(105) (615) 
    Accretion (amortization) (3)
    93  (8) 
    Balance as of end of period  $1,562  $7,922  
    (1) See Note 1 for information regarding the Company’s election of the fair value option for its mortgage loans effective January 1, 2020 which were previously reported at amortized cost. The beginning balance shown in this table represents the fair value of the mortgage loans after the cumulative adjustment of $(548) made to the amortized cost of $9,405 as of December 31, 2019.
    (2) Change in fair value for other non-Agency MBS is recorded as unrealized gain (loss) in “other comprehensive income” and change in fair value for mortgage loans is net of chargeoffs and recorded as unrealized gain (loss) in “fair value adjustments,net“.
    (3) Accretion (amortization) represents the amount of (premium) discount recognized in “interest income” during the period indicated.

    The fair value of interest rate swaps is measured using the income approach with the primary input being the forward interest rate swap curve, which is considered an observable input, and thus their fair values are considered Level 2 measurements. All of the Company’s interest rate swap agreements are centrally cleared through the CME. Please refer to Note 1 for information regarding the exchange of variation margin being legally considered as settlement of the derivative as opposed to a pledge of collateral. U.S. Treasury futures and options on U.S. Treasury futures are valued based on closing exchange prices on these contracts and are classified accordingly as Level 1 measurements. Unlike its interest rate swaps, the Company does not treat the exchange of variation margin for its U.S. Treasury futures as legal settlement of the instrument. The fair value of interest rate swaptions is based on the fair value of the underlying interest rate swap and time remaining until its expiration. The fair value of TBA securities is estimated using methods similar those used to fair value the Company’s Level 2 MBS.
    Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
    The following table presents the Company’s financial instruments that are measured at fair value on the Company’s consolidated balance sheet by their valuation hierarchy levels as of the dates indicated:
    March 31, 2020December 31, 2019
     Fair ValueLevel 1Level 2Level 3Fair ValueLevel 1Level 2Level 3
    Assets carried at fair value:    
    MBS$3,719,706  $—  $3,718,144  $1,562  $5,188,163  $—  $5,186,473  $1,690  
    Mortgage loans held for investment7,922  —  —  7,922  —  —  —  —  
    Derivative assets:
    Options on U.S. Treasury futures3,031  3,031  —  —  2,883  2,883  —  —  
    Interest rate swaptions—  —  —  —  573  —  573  —  
    TBA securities-long positions—  —  —  —  834  —  834  —  
    Total assets carried at fair value$3,730,659  $3,031  $3,718,144  $9,484  $5,192,453  $2,883  $5,187,880  $1,690  
    Liabilities carried at fair value:
    TBA-short positions$5,202  $—  $5,202  $—  $974  $—  $974  $—  
    U.S. Treasury futures8,438  8,438  —  —  —  —  —  —  
    Total liabilities carried at fair value$13,640  $8,438  $5,202  $—  $974  $—  $974  $—  
    Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation
    The activity of the Company’s Level 3 assets during the first quarter of 2020 is presented in the following table:
    Three Months Ended
    March 31, 2020
    Other Non-Agency MBSMortgage Loans
    Balance as of beginning of period, adjusted (1)
    $1,690  $8,857  
    Change in fair value (2)
    (116) (312) 
    Principal payments(105) (615) 
    Accretion (amortization) (3)
    93  (8) 
    Balance as of end of period  $1,562  $7,922  
    XML 19 R11.htm IDEA: XBRL DOCUMENT v3.20.1
    Derivatives (Notes)
    3 Months Ended
    Mar. 31, 2020
    Derivative Instruments and Hedging Activities Disclosure [Abstract]  
    Derivatives DERIVATIVES
    Types and Uses of Derivatives Instruments
    Interest Rate Derivatives. Prior to the end of the first quarter of 2020, the Company primarily used interest rate swaps as economic hedges to mitigate declines in book value and to protect some portion of the Company's earnings from rising interest rates; however, the Company substantially reduced its notional balance of interest rate swaps late in the first quarter of 2020 due to the significant reduction of its MBS portfolio. In addition, counterparties began expanding initial margin requirements for interest rate swaps. The Company added short positions in U.S. Treasury futures and increased its holdings of put options on U.S. Treasury futures as these derivative instruments are viewed by management as more liquid and having more favorable margin requirements versus interest rate swaps.

    TBA Transactions. The Company purchases TBA securities as a means of investing in non-specified fixed-rate Agency RMBS and may also periodically sell TBA securities as a means of economically hedging its book value exposure to Agency RMBS as well as earnings exposure from rising financing costs. The Company holds long and short positions in TBA securities by executing a series of transactions, commonly referred to as “dollar roll” transactions, which effectively delay the settlement of a forward purchase (or sale) of a non-specified Agency RMBS by entering into an offsetting TBA position, net settling the paired-off positions in cash, and simultaneously entering into an identical TBA long (or short) position with a later settlement date. TBA securities purchased (or sold) for a forward settlement date are generally priced at a discount relative to TBA securities settling in the current month. This discount, often referred to as “drop income” represents the economic equivalent of net interest income (interest income less implied financing cost) on the underlying Agency security from trade date to settlement date. The Company accounts for all TBAs (whether net long or net short positions, or collectively “TBA dollar roll positions”) as derivative instruments because it cannot assert that it is probable at inception and throughout the term of an individual TBA transaction that its settlement will result in physical delivery of the underlying Agency RMBS, or that the individual TBA transaction will not settle in the shortest period possible.

    Loss on Derivative Instruments, Net

    The table below provides detail of the Company’s “loss on derivative instruments, net” by type of derivative for the periods indicated:
    Three Months Ended
    March 31,
    Type of Derivative Instrument20202019
    Interest rate swaps$(182,181) $(71,764) 
    Interest rate swaptions(573) —  
    U.S. Treasury futures(8,447) (109) 
    Options on U.S. Treasury futures(10,727) —  
    TBA securities - long positions18,432  10,176  
    TBA securities - short positions(12,071) —  
    Loss on derivative instruments, net$(195,567) $(61,697) 

    The table below summarizes information about the fair value by type of derivative instrument on the Company’s consolidated balance sheets as of the dates indicated:
    Type of Derivative InstrumentBalance Sheet LocationPurposeMarch 31, 2020December 31, 2019
    Options on U.S. Treasury futuresDerivative assetsEconomic hedging$3,031  $2,883  
    Interest rate swaptionsDerivative assetsEconomic hedging—  573  
    TBA securities - long positionsDerivative assetsInvesting—  834  
    Total derivatives assets$3,031  $4,290  
    U.S. Treasury futuresDerivative liabilitiesEconomic hedging$(8,438) $—  
    TBA securities - short positionsDerivative liabilitiesEconomic hedging(5,202) (974) 
    Total derivatives liabilities$(13,640) $(974) 


    Interest Rate Swaps

    The Company has interest rate swap agreements outstanding with various counterparties which are centrally cleared through the CME. As explained in Note 1, the exchange of variation margin for CME cleared interest rate swaps is legally considered to be the settlement of the derivative itself as opposed to a pledge of collateral. Because the Company accounts for this daily exchange of variation margin for its CME cleared interest rate swaps as an increase or decrease to the carrying value of the related derivative asset or liability, the fair value of the interest rate swaps nets to $0 on the Company’s consolidated balance sheet. The Company had net settlement amounts of $(1,557) and $(9,265) in variation margin for its interest rate swaps as of March 31, 2020 and December 31, 2019, respectively.

    The following tables present information about the Company’s interest rate swaps as of the dates indicated:
    March 31, 2020December 31, 2019
    Weighted-AverageWeighted-Average
    Years to Maturity:Notional AmountPay RateLife Remaining (in Years)Notional AmountPay RateLife Remaining (in Years)
    < 3 years$150,000  1.61 %0.3$2,860,000  1.58 %1.5
    >3 and < 6 years—  — %—  700,000  1.43 %4.7
    >6 and < 10 years80,000  0.83 %9.9545,000  1.78 %9.4
    >10 years—  — %—  120,000  2.84 %27.7
    Total$230,000  1.34 %3.6$4,225,000  1.62 %3.8

    U.S. Treasury Futures and Options

    The following table presents information about the Company’s U.S. Treasury futures and options outstanding as of the dates indicated:

    Cost BasisFair ValueNotional Amount
    As of March 31, 2020:
    Options on U.S. Treasury futures (1)
    $14,884  $3,031  1,700,000  
    U.S. Treasury futures - short positionsn/a  (8,438) 1,177,500  
    As of December 31, 2019:
    Options on U.S. Treasury futures (2)
    $4,359  $2,883  $1,350,000  
    Pay-fixed interest rate swaptions (2)
    6,180  573  750,000  
    (1) All futures and options outstanding as of March 31, 2020 will expire in June of 2020.
    (2) All options outstanding as of December 31, 2019 expired during the first quarter of 2020.

    TBA Securities

    The following table summarizes information about the Company's TBA securities as of the dates indicated:
    March 31, 2020December 31, 2019
    Long PositionsShort PositionsLong PositionsShort Positions
    Implied market value (1)
    $—  $(549,521) $442,161  $(520,117) 
    Implied cost basis (2)
    —  (544,319) 441,327  (519,143) 
    Net carrying value (3)
    $—  $(5,202) $834  $(974) 

    (1) Implied market value represents the estimated fair value of the underlying Agency MBS as if settled as of the date indicated.
    (2) Implied cost basis represents the forward price to be paid for the underlying Agency MBS as if settled as of the date indicated.
    (3) Net carrying value is the amount included on the consolidated balance sheets within “derivative assets (liabilities)” and represents the difference between the implied market value and the implied cost basis of the TBA security as of the date indicated.

    Volume of Activity

    The tables below summarize changes in the Company’s derivative instruments for the period indicated:
    Type of Derivative InstrumentNotional Amount as of December 31, 2019AdditionsSettlements,
    Terminations,
    or Pair-Offs
    Notional Amount as of March 31, 2020
    Interest rate swaps$4,225,000  $2,570,000  $(6,565,000) $230,000  
    Interest rate swaptions750,000  —  (750,000) —  
    U.S. Treasury futures—  1,477,500  (300,000) 1,177,500  
    Options on U.S. Treasury futures1,350,000  2,000,000  (1,650,000) 1,700,000  
    TBA - long positions435,000  1,905,000  (2,340,000) —  
    TBA - short positions(500,000) (830,000) 815,000  (515,000) 

    Offsetting

    The Company's derivatives are subject to underlying agreements with master netting or similar arrangements, which provide for the right of offset in the event of default or in the event of bankruptcy of either party to the transactions. The Company reports its derivative assets and liabilities subject to these arrangements on a gross basis. The following tables present information regarding those derivative assets and liabilities subject to such arrangements as if the Company had presented them on a net basis as of March 31, 2020 and December 31, 2019:
    Offsetting of Assets
    Gross Amount of Recognized AssetsGross Amount Offset in the Balance SheetNet Amount of Assets Presented in the Balance Sheet
    Gross Amount Not Offset in the Balance Sheet (1)
    Net Amount
    Financial Instruments Received as CollateralCash Received as Collateral
    March 31, 2020
    Options on U.S. Treasury futures$3,031  —  $3,031  $—  $—  $3,031  
    Derivative assets$3,031  $—  $3,031  $—  $—  $3,031  
    December 31, 2019
    Interest rate swaptions$573  $—  $573  $—  $—  $573  
    Options on U.S. Treasury futures2,883  —  2,883  —  —  2,883  
    TBA - long positions834  —  834  (380) —  454  
    Derivative assets$4,290  $—  $4,290  $(380) $—  $3,910  

    Offsetting of Liabilities
    Gross Amount of Recognized LiabilitiesGross Amount Offset in the Balance SheetNet Amount of Liabilities Presented in the Balance Sheet
    Gross Amount Not Offset in the Balance Sheet (1)
    Net Amount
    Financial Instruments Posted as CollateralCash Posted as Collateral
    March 31, 2020
    U.S. Treasury futures$(8,438) —  $(8,438) $—  $8,438  $—  
    TBA - short positions(5,202) —  (5,202) —  1,235  (3,967) 
    Derivative liabilities$(13,640) $—  $(13,640) $—  $9,673  $(3,967) 
    December 31, 2019
    TBA - short positions$(974) —  $(974) $380  —  $(594) 
    Derivative liabilities$(974) $—  $(974) $380  $—  $(594) 
    (1) Amounts disclosed for collateral received by or posted to the same counterparty include cash and the fair value of MBS up to and not exceeding the net amount of the derivative asset or liability presented in the balance sheet. The fair value of the total collateral received by or posted to the same counterparty may exceed the amounts presented. Please refer to the consolidated balance sheets for the total cash posted as collateral, which is recorded as "restricted cash," and the total fair value of financial instruments pledged as collateral for derivatives and repurchase agreements, which is shown parenthetically.
    Please see Note 3 for information related to the Company’s repurchase agreements which are also subject to underlying agreements with master netting or similar arrangements.
    XML 20 R15.htm IDEA: XBRL DOCUMENT v3.20.1
    Organization and Summary of Significant Accounting Policies (Policies)
    3 Months Ended
    Mar. 31, 2020
    Accounting Policies [Abstract]  
    Organization [Text Block] OrganizationDynex Capital, Inc. (“Company”) was incorporated in the Commonwealth of Virginia on December 18, 1987 and commenced operations in February 1988. The Company is an internally managed mortgage real estate investment trust, or mortgage REIT, which primarily earns income from investing on a leveraged basis in debt securities, the majority of which are specified pools of Agency mortgage-backed securities (“MBS”) consisting of commercial MBS (“CMBS”), residential MBS (“RMBS”), and CMBS interest-only (“IO”) securities and non-Agency MBS, which consist mainly of CMBS IO. Agency MBS have a guaranty of principal payment by a U.S. government-sponsored entity (“GSE”) such as Fannie Mae and Freddie Mac which are in conservatorship and are currently supported by a senior preferred stock purchase agreement from U.S. Treasury. Non-Agency MBS are issued by non-governmental enterprises and do not have a guaranty of principal payment. The Company also invests in other types of mortgage-related securities, such as to-be-announced securities (“TBAs” or “TBA securities”).
    Basis of Presentation [Policy Text Block]
    Basis of Presentation

    The accompanying unaudited consolidated financial statements of the Company and its subsidiaries (together, “Dynex” or, as appropriate, the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to the Quarterly Report on Form 10-Q and Article 10, Rule 10-01 of Regulation S-X promulgated by the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all significant adjustments, consisting of normal recurring accruals, considered necessary for a fair presentation of the consolidated financial statements have been included; however, uncertainty over the continuing impact that COVID-19 will have on the global economy and on the Company’s business makes any estimates and assumptions as of March 31, 2020 inherently less certain than they would be absent the current and potential impacts of
    COVID-19. Operating results for the three months ended March 31, 2020 are not necessarily indicative of the results that may be expected for any other interim periods or for the entire year ending December 31, 2020. The unaudited consolidated financial statements included herein should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 (the “2019 Form 10-K”) filed with the SEC.

    All references to common shares, per common share amounts, and restricted stock have been adjusted to reflect the
    effect of the Company’s 1-for-3 reverse stock split effected on June 20, 2019 for all periods presented.
    Consolidation [Policy Text Block]
    Consolidation and Variable Interest Entities
     
    The consolidated financial statements include the accounts of the Company and the accounts of its majority owned subsidiaries and variable interest entities (“VIE”) for which it is the primary beneficiary. All intercompany accounts and transactions have been eliminated in consolidation.

    The Company consolidates a VIE if the Company is determined to be the VIE’s primary beneficiary, which is defined as the party that has both: (i) the power to control the activities that most significantly impact the VIE’s financial performance and (ii) the right to receive benefits or absorb losses that could potentially be significant to the VIE. The Company reconsiders its evaluation of whether to consolidate a VIE on an ongoing basis, based on changes in the facts and circumstances pertaining to the VIE.

    The Company consolidates a securitization trust, which has residential mortgage loans included in “mortgage loans held for investment” on its consolidated balance sheet, of which a portion is pledged as collateral for one remaining bond recorded as “non-recourse collateralized financing” on its consolidated balance sheet. The Company owns the subordinate class in the trust and has been deemed the primary beneficiary.
    Though the Company invests in Agency and non-Agency MBS which are generally considered to be interests in VIEs, the Company does not consolidate these entities because it does not meet the criteria necessary to be deemed a primary beneficiary.
    Use of Estimates [Policy Text Block]
    Use of Estimates
     
    The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported amounts of revenue and expenses during the reported period. Actual results could differ from those estimates. The most significant estimates used by management include, but are not limited to, amortization of premiums and discounts and fair value measurements of its investments. These items are discussed further below within this note to the consolidated financial statements.
    Income Taxes [Policy Text Block]
    Income Taxes

    The Company has elected to be taxed as a real estate investment trust (“REIT”) under the Internal Revenue Code of 1986 and the corresponding provisions of state law. To qualify as a REIT, the Company must meet certain tests including investing in primarily real estate-related assets and the required distribution of at least 90% of its annual REIT taxable income to shareholders after consideration of its net operating loss (“NOL”) carryforward and not including taxable income retained in its taxable subsidiaries. As a REIT, the Company generally will not be subject to federal income tax on the amount of its income or capital gains that is distributed as dividends to shareholders.

    The Company assesses its tax positions for all open tax years and determines whether the Company has any material unrecognized liabilities and records these liabilities, if any, to the extent they are deemed more likely than not to have been incurred.
    Earnings Per Share, Policy
    Net Income (Loss) Per Common Share

    The Company calculates basic net income per common share by dividing net income to common shareholders for the period by weighted-average shares of common stock outstanding for that period. The Company did not have any potentially dilutive securities outstanding during the three months ended March 31, 2020 or March 31, 2019.

    Holders of unvested shares of the Company’s issued and outstanding restricted common stock are eligible to receive non-forfeitable dividends. As such, these unvested shares are considered participating securities and therefore are included in the computation of basic net income per common share using the two-class method. Upon vesting, restrictions on transfer expire on each share of restricted stock, and each such share of restricted stock represents one unrestricted share of common stock.

    Because the Company’s 7.625% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) and its 6.9000% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) (collectively, the “Preferred Stock”) are redeemable at the Company’s option for cash only and may convert into shares of common stock only upon a change of control of the Company (and subject to other circumstances) as described in Article IIIB and Article IIIC of the Company’s Articles of Amendment to the Restated Articles of Incorporation (the “Restated Articles of Incorporation, as amended”), the effect of those shares and their related dividends is excluded from the calculation of diluted net income per common share.

    The Company’s weighted average common shares outstanding and net loss per common share amounts presented on its consolidated statement of comprehensive income for the three months ended March 31, 2019 have been restated to reflect the effect of the 1-for-3 reverse stock split effected by the Company in June of 2019.
    Cash and Cash Equivalents [Policy Text Block]
    Cash and Cash Equivalents

    Cash and cash equivalents include highly liquid investments with original maturities of three months or less as well as unrestricted demand deposits at highly rated financial institutions. The Company’s cash balances fluctuate throughout the year and may exceed Federal Deposit Insurance Company insured limits from time to time. Although the Company bears risk to amounts in excess of those insured by the FDIC, it does not anticipate any losses as a result.
    Restricted Cash [Policy Text Block]
    Restricted Cash

    Restricted cash consists of cash the Company has pledged to cover initial and variation margin with its financing and certain derivative counterparties.

    The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on the Company's consolidated balance sheet as of March 31, 2020 that sum to the total of the same such amounts shown on the Company’s consolidated statement of cash flows for the three months ended March 31, 2020:
    March 31, 2020
    Cash and cash equivalents$51,411  
    Restricted cash59,204  
    Total cash, cash equivalents, and restricted cash shown on consolidated statement of cash flows$110,615  
    Investment in Debt Securities, Policy
    Mortgage-Backed Securities
     
    The Company’s MBS are designated as available-for-sale (“AFS”) and are recorded at fair value on the Company’s consolidated balance sheet. Changes in unrealized gain (loss) on the Company’s MBS are reported in other comprehensive income (“OCI”) until the investment is sold or matures. Although the Company generally intends to hold its AFS securities until maturity, it may sell any of these securities as part of the overall management of its business. Upon the sale of an AFS security, any unrealized gain or loss is reclassified out of accumulated other comprehensive income (“AOCI”) into net income as a realized “gain (loss) on sale of investments, net” using the specific identification method.

    The fair value of the Company’s MBS pledged as collateral against repurchase agreements is disclosed parenthetically on the Company’s consolidated balance sheets.

    Interest Income, Premium Amortization, and Discount Accretion. Interest income on MBS is accrued based on the outstanding principal balance (or notional balance in the case of interest-only, or “IO” securities) and their contractual terms. Premiums or discounts associated with the purchase of Agency MBS as well as any non-Agency MBS rated ‘AA’ and higher are amortized or accreted into interest income over the projected life of such securities using the effective yield method, and adjustments to premium amortization and discount accretion are made for actual cash payments. The Company’s projections of future cash payments are based on input and analysis received from external sources and internal models and include assumptions about the amount and timing of loan prepayment rates, fluctuations in interest rates, credit losses, and other factors. On at least a quarterly basis, the Company reviews and makes any necessary adjustments to its cash flow projections and updates the yield recognized on these assets.

    The Company does not currently hold any non-Agency MBS that were purchased at a discount with credit ratings of less than ‘AA’ or not rated by any of the nationally recognized credit rating agencies at the time of purchase.

    Determination of MBS Fair Value. The Company estimates the fair value of the majority of its MBS based upon prices obtained from third-party pricing services and broker quotes. The remainder of the Company’s MBS are valued by discounting the estimated future cash flows derived from cash flow models that utilize information such as the security’s coupon rate, estimated prepayment speeds, expected weighted average life, collateral composition, estimated future interest rates, expected losses, and credit enhancements as well as certain other relevant information. Please refer to Note 5 for further discussion of MBS fair value measurements.

    Allowance for Credit Losses. The Company recently adopted Accounting Standards Codification Topic 326, Financial Instruments - Credit Losses. On at least a quarterly basis, the Company evaluates any MBS with a fair value less than its amortized cost for credit losses. If the difference between the present value of cash flows expected to be collected on the MBS is less than its amortized cost, the difference is recorded as an allowance for credit loss through net income up to and not exceeding the amount that the amortized cost exceeds current fair value. Subsequent changes in credit loss estimates are recognized in earnings in the period in which they occur. Because the majority of the Company’s investments are higher credit quality and most are guaranteed by a GSE, the Company is not likely to have an allowance for credit losses recorded on its consolidated balance sheet.
    Repurchase Agreements [Policy Text Block]
    Repurchase Agreements
     
    The Company’s repurchase agreements, which are used to finance its purchases of MBS, are accounted for as secured borrowings under which the Company pledges its securities as collateral to secure a loan, which is equal in value to a specified percentage of the estimated fair value of the pledged collateral. The Company retains beneficial ownership of the pledged collateral. At the maturity of a repurchase agreement, the Company is required to repay the loan and concurrently receives back its pledged collateral from the lender or, with the consent of the lender, the Company may renew the agreement at the then prevailing financing rate. A repurchase agreement lender may require the Company to pledge additional collateral in the event of a decline in the fair value of the collateral pledged. Repurchase agreement financing is recourse to the Company and the assets pledged. Most of the Company’s repurchase agreements are based on the September 1996 version of the Bond Market Association Master Repurchase Agreement, which generally provides that the lender, as buyer, is responsible for obtaining collateral valuations from a generally recognized source agreed to by both the Company and the lender, or, in an instance when such source is not available, the value determination is made by the lender.
    Derivative Instruments [Policy Text Block]
    Derivative Instruments

    The Company’s derivative instruments include interest rate swaps, futures, options, and forward contracts for the purchase or sale of Agency RMBS on a non-specified pool basis, commonly referred to as to-be-announced (“TBA”) securities. Derivative instruments are reported at their fair value on the Company’s consolidated balance sheet as derivative assets if in a gain position or as derivative liabilities if in a loss position, at the end of the period reported. All periodic interest benefits/costs and changes in fair value of derivative instruments, including gains and losses realized upon termination, maturity, or settlement are recorded in “gain (loss) on derivative instruments, net” on the Company’s consolidated statement of comprehensive income (loss). Cash receipts and payments related to derivative instruments are classified in the investing activities section of the consolidated statements of cash flows in accordance with the underlying nature or purpose of the derivative transactions.

    Generally, the Company enters into pay-fixed interest rate swaps, which involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the interest rate swap without exchange of the underlying notional amount. From time to time the Company may also enter into receive-fixed interest rate swaps that involve the receipt of fixed-rate amounts from a counterparty in exchange for the Company making variable-rate payments over the life of the interest rate swap without exchange of the underlying notional amount. The Company’s interest rate swap agreements are centrally cleared through the Chicago Mercantile Exchange (“CME”). The Company’s CME cleared swaps require that the Company post initial margin as collateral, and in addition, variation margin is exchanged, typically in cash, for changes in the fair value of the CME cleared swaps. The exchange of variation margin for CME cleared swaps is legally considered to be the settlement of the derivative itself as opposed to a pledge of collateral. Accordingly, the Company accounts for the daily exchange of variation margin associated with its CME cleared interest rate swaps as a direct increase or decrease to the carrying value of the related derivative asset or liability.

    The Company may also enter into long and short positions in U.S. Treasury futures contracts. U.S. Treasury futures are valued based on exchange pricing with daily margin settlements. The Company realizes gains or losses on these contracts upon expiration at an amount equal to the difference between the current fair value of the underlying asset and the contractual price of the futures contract. Unlike interest rate swaps, the Company does not treat the daily margin exchanges for its U.S. Treasury futures as legal settlement of the instrument.

    The Company currently holds put options on U.S. Treasury futures which provide the Company the right, but not an obligation, to buy U.S. Treasury futures at a predetermined notional amount and stated term in the future. Put options on U.S. Treasury futures are valued based on exchange pricing without daily exchanges of margin amounts. The Company records the premium paid for the option contract as a derivative asset on its consolidated balance sheet and adjusts the balance for changes in fair value through “gain (loss) on derivative instruments” until the option is exercised or the contract expires. The Company may also purchase options for interest rate swaps (“interest rate swaptions”) which are accounted for similarly.

    A TBA security is a forward contract (“TBA contract”) for the purchase (“long position”) or sale (“short position”) of a non-specified Agency MBS at a predetermined price with certain principal and interest terms and certain types of collateral, but the particular Agency securities to be delivered are not identified until shortly before the settlement date. The
    Company accounts for long and short positions in TBAs as derivative instruments because the Company cannot assert that it is probable at inception and throughout the term of an individual TBA transaction that its settlement will result in physical delivery of the underlying Agency RMBS or that the individual TBA transaction will not settle in the shortest time period possible.

    Please refer to Note 4 for additional information regarding the Company’s derivative instruments as well as Note 5 for information on how the fair value of these instruments are calculated.
    Share-based Compensation [Policy Text Block] Share-Based CompensationPursuant to the Company’s 2018 Stock and Incentive Plan (“2018 Plan”), the Company may grant share-based compensation to eligible employees, non-employee directors or consultants or advisors to the Company, including restricted stock awards, stock options, stock appreciation rights, performance units, restricted stock units, and performance cash awards. The Company’s restricted stock currently issued and outstanding may be settled only in shares of its common stock, and therefore are treated as equity awards with their fair value measured at the grant date and recognized as compensation cost over the requisite service period with a corresponding credit to shareholders’ equity. The requisite service period is the period during which a participant is required to provide service in exchange for an award, which is equivalent to the vesting period specified in the terms of the time-based restricted stock award. None of the Company’s restricted stock awards have performance-based conditions. The Company does not currently have any share-based compensation issued or outstanding other than restricted stock issued to its employees, officers, and directors.
    Contingencies [Policy Text Block] ContingenciesIn the normal course of business, there may be various lawsuits, claims, and other contingencies pending against the Company. On a quarterly basis, the Company evaluates whether to establish provisions for estimated losses from those matters. The Company recognizes a liability for a contingent loss when: (a) the underlying causal event has occurred prior to the balance sheet date; (b) it is probable that a loss has been incurred; and (c) there is a reasonable basis for estimating that loss. A liability is not recognized for a contingent loss when it is only possible or remotely possible that a loss has been incurred, however, possible contingent losses shall be disclosed. If the contingent loss (or an additional loss in excess of any accrual) is at least a reasonable possibility and material, then the Company discloses a reasonable estimate of the possible loss or range of loss, if such reasonable estimate can be made. If the Company cannot make a reasonable estimate of the possible material loss, or range of loss, then that fact is disclosed.
    Recent Accounting Pronouncements [Text Block]
    Recently Issued and Adopted Accounting Pronouncements

    The Company reviews all Accounting Standards Updates (“ASU”) issued by the Financial Accounting Standards Board (“FASB”) on at least a quarterly basis to evaluate applicability and significance of any impact on its financial condition and results of operations. There were no accounting pronouncements issued during the three months ended March 31, 2020 that are expected to have a material impact on the Company’s financial condition or results of operations.

    As of January 1, 2020, the Company elected the fair value option for its mortgage loans held for investment pursuant to the provisions of ASU No. 2019-05, Financial Instruments—Credit Losses (Topic 326) Targeted Transition Relief, which was issued in May of 2019. Management chose to elect the fair value option for its mortgage loans because the majority of the Company’s investments are represented on its consolidated balance sheet at fair value. The election of the fair value option resulted in a cumulative adjustment of $(548) to retained earnings on its consolidated balance sheet as of January 1, 2020. The Company does not expect its election of the fair value option for its mortgage loans to have a material impact on its future consolidated financial statements.

    In March 2020, FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, which provides optional expedients and exceptions to GAAP requirements for modifications on debt instruments, leases, derivatives, and other contracts, related to the expected market transition from LIBOR, and certain other floating rate benchmark indices to alternative reference rates. ASU 2020-04 generally considers contract modifications related to reference rate reform to be an event that does not require contract remeasurement at the modification date nor a reassessment of a previous accounting determination. The guidance in ASU 2020-04 is optional and may be elected over time, through December 31, 2022, as reference rate reform activities occur. The Company does not believe this ASU will have a material impact on its consolidated financial statements.
    XML 21 R36.htm IDEA: XBRL DOCUMENT v3.20.1
    Shareholders' Equity and Share-Based Compensation Share-based Compensation (Details) - USD ($)
    $ / shares in Units, $ in Thousands
    3 Months Ended
    Mar. 31, 2020
    Mar. 31, 2019
    Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
    Share-based incentive plan, number of shares authorized for issuance 1,000,000  
    Stock-based compensation expense $ 307 $ 298
    Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Rollforward]    
    Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition   2 years 3 months 18 days
    Restricted Stock    
    Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Rollforward]    
    Restricted stock outstanding as of beginning of period [1] 119,213 113,904
    Restricted stock granted [1] 67,511 50,817
    Restricted stock vested [1] (48,569) (50,380)
    Restricted stock outstanding as of end of period [1] 138,155 114,341
    Restricted stock as of beginning of period of period, nonvested, weighted average grant date fair value per share [1] $ 18.56 $ 19.19
    Restricted stock granted, weighted average grant date fair value per share [1] 17.10 18.30
    Restricted stock vested, weighted average grant date fair value per share [1] 19.02 19.12
    Restricted stock as of end of period, nonvested, weighted average grant date fair value per share [1] $ 17.69 $ 18.83
    Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount $ 2,105  
    [1] Amounts have been adjusted to reflect the effect of the 1-for-3 reverse stock split.
    XML 22 R32.htm IDEA: XBRL DOCUMENT v3.20.1
    Derivatives Offsetting Liabilities (Details) - USD ($)
    $ in Thousands
    Mar. 31, 2020
    Dec. 31, 2019
    Offsetting Liabilities [Line Items]    
    Derivative Liability, Fair Value, Gross Liability $ (13,640) $ (974)
    Derivative Liability, Fair Value, Amount Not Offset Against Collateral (13,640) (974)
    Derivative, Collateral, Right to Reclaim Securities [1] 0 380
    Derivative, Collateral, Right to Reclaim Cash 9,673 0 [1]
    Derivative Liability, Fair Value, Amount Offset Against Collateral (3,967) (594)
    U.S. Treasury futures    
    Offsetting Liabilities [Line Items]    
    Derivative Liability, Fair Value, Gross Liability 8,438  
    Derivative Liability, Fair Value, Amount Not Offset Against Collateral 8,438  
    Derivative, Collateral, Right to Reclaim Securities 0  
    Derivative, Collateral, Right to Reclaim Cash 8,438  
    Derivative Liability, Fair Value, Amount Offset Against Collateral 0  
    Short position | TBA securities    
    Offsetting Liabilities [Line Items]    
    Derivative Liability, Fair Value, Gross Liability (5,202) (974)
    Derivative Liability, Fair Value, Amount Not Offset Against Collateral (5,202) (974)
    Derivative, Collateral, Right to Reclaim Securities [1] 0 380
    Derivative, Collateral, Right to Reclaim Cash 1,235 0 [1]
    Derivative Liability, Fair Value, Amount Offset Against Collateral $ (3,967) $ (594)
    [1] Amounts disclosed for collateral received by or posted to the same counterparty include cash and the fair value of MBS up to and not exceeding the net amount of the derivative asset or liability presented in the balance sheet. The fair value of the total collateral received by or posted to the same counterparty may exceed the amounts presented. Please refer to the consolidated balance sheets for the total cash posted as collateral, which is recorded as "restricted cash," and the total fair value of financial instruments pledged as collateral for derivatives and repurchase agreements, which is shown parenthetically.
    XML 23 R5.htm IDEA: XBRL DOCUMENT v3.20.1
    Consolidated Statements of Cash Flows - USD ($)
    3 Months Ended
    Mar. 31, 2020
    Mar. 31, 2019
    Operating activities:    
    Net loss (income) $ (98,479,000) $ (52,214,000)
    Adjustments to reconcile net loss to cash provided by operating activities:    
    Decrease (increase) in accrued interest receivable 3,105,000 (5,056,000)
    (Decrease) increase in accrued interest payable (5,979,000) 2,631,000
    Loss on derivative instruments, net 195,567,000 61,697,000
    Gain on sale of investments, net (84,783,000) 0
    Fair value adjustments, net 372,000 13,000
    Amortization of investment premiums, net 33,118,000 31,083,000
    Other amortization and depreciation, net 499,000 222,000
    Stock-based compensation expense 307,000 298,000
    Change in other assets and liabilities, net 254,000 1,625,000
    Net cash and cash equivalents provided by operating activities 43,981,000 40,299,000
    Investing activities:    
    Purchase of investments (155,594,000) (1,019,100,000)
    Principal payments received on investments 140,032,000 73,817,000
    Proceeds from sales of investments 487,464,000 0
    Principal payments received on mortgage loans held for investment 615,000 646,000
    Net payments on derivatives, including terminations (187,822,000) (62,382,000)
    Other investing activities 0 (102,000)
    Net cash and cash equivalents provided by (used in) investing activities 284,695,000 (1,007,121,000)
    Financing activities:    
    Borrowings under repurchase agreements 16,555,552,000 32,608,826,000
    Repayments of repurchase agreement borrowings (16,899,794,000) (31,623,917,000)
    Principal payments on non-recourse collateralized financing (569,000) (242,000)
    Proceeds from issuance of preferred stock 107,988,000 5,015,000
    Proceeds from issuance of common stock 0 53,872,000
    Payments for Repurchase of Redeemable Preferred Stock 100,000,000 0
    Cash paid for stock issuance costs 0 (185,000)
    Payments for Repurchase of Common Stock 206,000 0
    Payments related to tax withholding for stock-based compensation (235,000) (296,000)
    Dividends paid (15,027,000) (22,292,000)
    Net cash and cash equivalents (used in) provided by financing activities (352,291,000) 1,020,781,000
    Net (decrease) increase in cash, cash equivalents, and restricted cash (23,615,000) 53,959,000
    Cash, cash equivalents, and restricted cash at beginning of period 134,230,000 88,704,000
    Cash, cash equivalents, and restricted cash at end of period 110,615,000 142,663,000
    Supplemental Disclosure of Cash Activity:    
    Cash paid for interest $ 28,074,000 $ 23,807,000
    XML 24 R1.htm IDEA: XBRL DOCUMENT v3.20.1
    Document and Entity Information Document and Entity Information - $ / shares
    3 Months Ended
    Mar. 31, 2020
    Apr. 30, 2020
    Document Information [Line Items]    
    Document Type 10-Q  
    Document Quarterly Report true  
    Document Transition Report false  
    Document Period End Date Mar. 31, 2020  
    Entity File Number 1-9819  
    Entity Registrant Name DYNEX CAPITAL, INC.  
    Entity Central Index Key 0000826675  
    Entity Incorporation, State or Country Code VA  
    Entity Tax Identification Number 52-1549373  
    Entity Address, Address Line One 4991 Lake Brook Drive, Suite 100  
    Entity Address, Address Line Two 4991 Lake Brook Drive, Suite 100  
    Entity Address, City or Town Glen Allen,  
    Entity Address, State or Province VA  
    Entity Address, Postal Zip Code 23060-9245  
    City Area Code (804)  
    Local Phone Number 217-5800  
    Entity Current Reporting Status Yes  
    Entity Interactive Data Current Yes  
    Entity Filer Category Accelerated Filer  
    Entity Small Business false  
    Entity Emerging Growth Company false  
    Current Fiscal Year End Date --12-31  
    Document Fiscal Year Focus 2020  
    Document Fiscal Period Focus Q1  
    Amendment Flag false  
    Entity Shell Company false  
    Entity Common Stock, Shares Outstanding   22,981,978
    Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
    Common Stock    
    Document Information [Line Items]    
    Title of 12(b) Security Common Stock, par value $.01 per share  
    Trading Symbol DX  
    Security Exchange Name NYSE  
    Series B Preferred Stock    
    Document Information [Line Items]    
    Title of 12(b) Security 7.625% Series B Cumulative Redeemable Preferred Stock, par value $0.01 per share  
    Trading Symbol DXPRB  
    Security Exchange Name NYSE  
    Series C Preferred Stock    
    Document Information [Line Items]    
    Title of 12(b) Security 6.90% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01 per share  
    Trading Symbol DXPRC  
    Security Exchange Name NYSE  
    XML 25 R9.htm IDEA: XBRL DOCUMENT v3.20.1
    Investments in Debt Securities Investment in Debt Securities (Notes)
    3 Months Ended
    Mar. 31, 2020
    Investments, Debt and Equity Securities [Abstract]  
    Mortgage-Backed Securities MORTGAGE-BACKED SECURITIES
     
    The majority of the Company’s MBS are pledged as collateral for the Company’s repurchase agreements. The following tables present the Company’s MBS by investment type (including securities pending settlement) as of the dates indicated:
     March 31, 2020
     ParNet Premium (Discount)Amortized CostGross Unrealized GainGross Unrealized LossFair Value
    Agency CMBS$2,104,738  $16,937  $2,121,675  $207,436  $(892) $2,328,219  
    Agency RMBS868,191  19,240  887,431  44,005  —  931,436  
    CMBS IO (1)
    —  462,675  462,675  2,616  (6,802) 458,489  
    Non-Agency other1,833  (686) 1,147  472  (57) 1,562  
    Total MBS:$2,974,762  $498,166  $3,472,928  $254,529  $(7,751) $3,719,706  
    (1) The notional balance for Agency CMBS IO and non-Agency CMBS IO was $13,274,419 and $9,680,637 respectively, as of March 31, 2020.
     December 31, 2019
     ParNet Premium (Discount)Amortized CostGross Unrealized GainGross Unrealized LossFair Value
    Agency CMBS$1,890,186  $15,414  $1,905,600  $93,763  $(6) $1,999,357  
    Agency RMBS2,563,684  55,770  2,619,454  69,082  (462) 2,688,074  
    CMBS IO (2)
    —  488,145  488,145  11,760  (863) 499,042  
    Non-Agency other  1,938  (780) 1,158  552  (20) 1,690  
    Total MBS:$4,455,808  $558,549  $5,014,357  $175,157  $(1,351) $5,188,163  
    (1) The notional balance for the Agency CMBS IO and non-Agency CMBS IO was $13,404,824 and $9,799,629, respectively, as of December 31, 2019.

    Actual maturities of MBS are affected by the contractual lives of the underlying mortgage collateral, periodic payments of principal, prepayments of principal, and the payment priority structure of the security; therefore, actual maturities are generally shorter than the securities' stated contractual maturities.

    The following table presents information regarding the "gain on sale of investments, net" on the Company’s consolidated statements of comprehensive income (loss) for the periods indicated (1):
    Three Months Ended
    March 31,
    20202019
    Proceeds ReceivedRealized Gain (Loss)Proceeds ReceivedRealized Gain (Loss)
    Agency RMBS$1,817,350  $64,094  $—  $—  
    Agency CMBS173,684  20,689  —  —  
    $1,991,034  $84,783  $—  $—  
    (1) Please refer to Note 7 for important information regarding significant sales of MBS and payoff of associated repurchase agreement borrowings subsequent to March 31, 2020.

    Included in the table above are securities sold with an amortized cost of $1,431,025 which were unsettled as of March 31, 2020 and were pledged as collateral for repurchase agreement borrowings of $1,442,492. The sale proceeds of $1,503,571 to be received for the unsettled portion are recorded as “receivable for securities sold” on the Company’s consolidated balance sheet as of March 31, 2020.
    The following table presents certain information for the AFS securities in an unrealized loss position as of the dates indicated:
     March 31, 2020December 31, 2019
    Fair ValueGross Unrealized Losses# of SecuritiesFair ValueGross Unrealized Losses# of Securities
    Continuous unrealized loss position for less than 12 months:    
    Agency MBS$322,607  $(5,846) 56$215,792  $(1,139) 27
    Non-Agency MBS115,425  (1,804) 5113,607  (146) 7
    Continuous unrealized loss position for 12 months or longer:
    Agency MBS$388  $(79) 2$75,745  $(35) 2
    Non-Agency MBS111  (22) 41,099  (31) 5

    The unrealized losses on the Company’s MBS are not credit related, therefore the Company’s allowance for credit losses is $0 as of March 31, 2020. The unrealized losses are a result of declines in market prices driven by significant spread widening as a result of MBS market disruption caused by the global pandemic. The principal related to Agency MBS is guaranteed by the government-sponsored entities Fannie Mae and Freddie Mac. Although the unrealized losses are not credit related, the Company assesses its ability and intent to hold any MBS with an unrealized loss until the recovery in its value in accordance with GAAP. This assessment is based on the amount of the unrealized loss and significance of the related investment as well as the Company’s leverage and liquidity position. In addition, for its non-Agency MBS the Company reviews the credit ratings, the credit characteristics of the mortgage loans collateralizing these securities, and the estimated future cash flows including projected collateral losses.
    XML 26 R10.htm IDEA: XBRL DOCUMENT v3.20.1
    Repurchase Agreements (Notes)
    3 Months Ended
    Mar. 31, 2020
    Disclosure of Repurchase Agreements [Abstract]  
    Repurchase agreements REPURCHASE AGREEMENTS
    The Company’s repurchase agreements outstanding as of March 31, 2020 and December 31, 2019 are summarized in the following tables:
     March 31, 2020December 31, 2019
    Collateral Type
    Balance (1)
    Weighted
    Average Rate
    Fair Value of
    Collateral Pledged (1)
    BalanceWeighted
    Average Rate
    Fair Value of
    Collateral Pledged
    Agency RMBS$2,180,966  1.69 %$2,259,403  $2,594,645  1.96 %$2,647,638  
    Agency CMBS1,823,951  1.66 %1,987,487  1,735,848  1.98 %1,901,452  
    Agency CMBS IO262,759  1.84 %282,150  255,912  2.30 %282,522  
    Non-Agency CMBS IO140,430  2.30 %170,782  165,943  2.67 %193,013  
    Total repurchase agreements$4,408,106  1.71 %$4,699,822  $4,752,348  2.01 %$5,024,625  
    (1) Please refer to Note 7 for important information regarding significant sales of MBS and payoff of associated repurchase agreement borrowings subsequent to March 31, 2020.

    The amounts for fair value of collateral pledged in the table above include securities sold but not settled as of March 31, 2020, which are recorded as “receivable for securities sold” on the consolidated balance sheet and for which the Company had $1,442,492 of repurchase agreement borrowings outstanding as of March 31, 2020. The Company also had $382,371 and $6,180 payable to counterparties as of March 31, 2020 and December 31, 2019, respectively, for purchases pending settlement as of those respective dates.
    The following table provides information on the remaining term to maturity and original term to maturity for the Company’s repurchase agreements as of the dates indicated:
    March 31, 2020December 31, 2019
    Remaining Term to MaturityBalanceWeighted
    Average Rate
    WAVG Original Term to MaturityBalanceWeighted
    Average Rate
    WAVG Original Term to Maturity
    Less than 30 days$4,203,459  1.70 %54  $2,078,185  2.12 %34  
    30 to 90 days204,647  1.80 %93  2,674,163  1.93 %52  
    Total$4,408,106  1.71 %56  $4,752,348  2.01 %45  

    As of March 31, 2020, the Company had repurchase agreement amounts outstanding with 22 of its 37 available repurchase agreement counterparties. The Company had $694,367 outstanding and $59,542, or approximately 11%, of equity at risk with JP Morgan Chase at a weighted average borrowing rate of 1.63%. The Company did not have more than 10% of its equity at risk with any of its other counterparties as of March 31, 2020. The Company has a committed repurchase facility with Wells Fargo that has an aggregate maximum borrowing capacity of $250,000, of which it had $146,470 outstanding at a weighted average borrowing rate of 1.81% as of March 31, 2020. The facility is available to the Company until its maturity date of June 11, 2021.

    The Company’s counterparties, as set forth in the master repurchase agreement with the counterparty, require the Company to comply with various customary operating and financial covenants, including, but not limited to, minimum net worth and earnings, maximum declines in net worth in a given period, and maximum leverage requirements as well as maintaining the Company’s REIT status. In addition, some of the agreements contain cross default features, whereby default under an agreement with one lender simultaneously causes default under agreements with other lenders. To the extent that the Company fails to comply with the covenants contained in these financing agreements or is otherwise found to be in default under the terms of such agreements, the counterparty has the right to accelerate amounts due under the master repurchase agreement. The Company believes it was in full compliance with all covenants in master repurchase agreements under which there were amounts outstanding as of March 31, 2020.

    The Company's repurchase agreements are subject to underlying agreements with master netting or similar arrangements, which provide for the right of offset in the event of default or in the event of bankruptcy of either party to the transactions. The Company reports its repurchase agreements to these arrangements on a gross basis. The following tables present information regarding the Company's repurchase agreements as if the Company had presented them on a net basis as of March 31, 2020 and December 31, 2019:
    Gross Amount of Recognized LiabilitiesGross Amount Offset in the Balance SheetNet Amount of Liabilities Presented in the Balance Sheet
    Gross Amount Not Offset in the Balance Sheet (1)
    Net Amount
    Financial Instruments Posted as CollateralCash Posted as Collateral
    March 31, 2020
    Repurchase agreements$4,408,106  $—  $4,408,106  $(4,408,106) $—  $—  
    December 31, 2019
    Repurchase agreements$4,752,348  $—  $4,752,348  $(4,752,348) $—  $—  
    (1) Amounts disclosed for collateral received by or posted to the same counterparty include cash and the fair value of MBS up to and not exceeding the net amount of the repurchase agreement liability presented in the balance sheet. The fair value of the total collateral received by or posted to the same counterparty may exceed the amounts presented.
    Please see Note 4 for information related to the Company’s derivatives which are also subject to underlying agreements with master netting or similar arrangements.
    XML 27 R14.htm IDEA: XBRL DOCUMENT v3.20.1
    Subsequent Events (Notes)
    3 Months Ended
    Mar. 31, 2020
    Subsequent Events [Abstract]  
    Subsequent Events SUBSEQUENT EVENTSThe Company had significant transactions which occurred subsequent to March 31, 2020 and through the date these consolidated financial statements were issued. Due to the continued market disruption resulting from the global response to the COVID-19 pandemic, the Federal Reserve announced in the last week of March 2020 its intent to buy Agency CMBS. This announcement improved liquidity in the Agency CMBS market, and the Company subsequently sold Agency CMBS during April which had an amortized cost of $1,301,770 and a fair value of $1,468,901 at March 31, 2020 in order to monetize gains while also increasing cash available for future reinvestment and further lowering leverage. These securities were pledged as collateral for repurchase agreement borrowings of $1,281,890 as of March 31, 2020.
    XML 28 R18.htm IDEA: XBRL DOCUMENT v3.20.1
    Derivatives (Tables)
    3 Months Ended
    Mar. 31, 2020
    Derivative [Line Items]  
    Derivative Instruments, Gain (Loss)
    The table below provides detail of the Company’s “loss on derivative instruments, net” by type of derivative for the periods indicated:
    Three Months Ended
    March 31,
    Type of Derivative Instrument20202019
    Interest rate swaps$(182,181) $(71,764) 
    Interest rate swaptions(573) —  
    U.S. Treasury futures(8,447) (109) 
    Options on U.S. Treasury futures(10,727) —  
    TBA securities - long positions18,432  10,176  
    TBA securities - short positions(12,071) —  
    Loss on derivative instruments, net$(195,567) $(61,697) 
    Schedule of Derivative Instruments in Statement of Financial Position, Fair Value The table below summarizes information about the fair value by type of derivative instrument on the Company’s consolidated balance sheets as of the dates indicated:
    Type of Derivative InstrumentBalance Sheet LocationPurposeMarch 31, 2020December 31, 2019
    Options on U.S. Treasury futuresDerivative assetsEconomic hedging$3,031  $2,883  
    Interest rate swaptionsDerivative assetsEconomic hedging—  573  
    TBA securities - long positionsDerivative assetsInvesting—  834  
    Total derivatives assets$3,031  $4,290  
    U.S. Treasury futuresDerivative liabilitiesEconomic hedging$(8,438) $—  
    TBA securities - short positionsDerivative liabilitiesEconomic hedging(5,202) (974) 
    Total derivatives liabilities$(13,640) $(974) 
    Schedule of Derivative Instruments
    Interest Rate Swaps

    The Company has interest rate swap agreements outstanding with various counterparties which are centrally cleared through the CME. As explained in Note 1, the exchange of variation margin for CME cleared interest rate swaps is legally considered to be the settlement of the derivative itself as opposed to a pledge of collateral. Because the Company accounts for this daily exchange of variation margin for its CME cleared interest rate swaps as an increase or decrease to the carrying value of the related derivative asset or liability, the fair value of the interest rate swaps nets to $0 on the Company’s consolidated balance sheet. The Company had net settlement amounts of $(1,557) and $(9,265) in variation margin for its interest rate swaps as of March 31, 2020 and December 31, 2019, respectively.

    The following tables present information about the Company’s interest rate swaps as of the dates indicated:
    March 31, 2020December 31, 2019
    Weighted-AverageWeighted-Average
    Years to Maturity:Notional AmountPay RateLife Remaining (in Years)Notional AmountPay RateLife Remaining (in Years)
    < 3 years$150,000  1.61 %0.3$2,860,000  1.58 %1.5
    >3 and < 6 years—  — %—  700,000  1.43 %4.7
    >6 and < 10 years80,000  0.83 %9.9545,000  1.78 %9.4
    >10 years—  — %—  120,000  2.84 %27.7
    Total$230,000  1.34 %3.6$4,225,000  1.62 %3.8

    U.S. Treasury Futures and Options

    The following table presents information about the Company’s U.S. Treasury futures and options outstanding as of the dates indicated:

    Cost BasisFair ValueNotional Amount
    As of March 31, 2020:
    Options on U.S. Treasury futures (1)
    $14,884  $3,031  1,700,000  
    U.S. Treasury futures - short positionsn/a  (8,438) 1,177,500  
    As of December 31, 2019:
    Options on U.S. Treasury futures (2)
    $4,359  $2,883  $1,350,000  
    Pay-fixed interest rate swaptions (2)
    6,180  573  750,000  
    (1) All futures and options outstanding as of March 31, 2020 will expire in June of 2020.
    (2) All options outstanding as of December 31, 2019 expired during the first quarter of 2020.

    TBA Securities

    The following table summarizes information about the Company's TBA securities as of the dates indicated:
    March 31, 2020December 31, 2019
    Long PositionsShort PositionsLong PositionsShort Positions
    Implied market value (1)
    $—  $(549,521) $442,161  $(520,117) 
    Implied cost basis (2)
    —  (544,319) 441,327  (519,143) 
    Net carrying value (3)
    $—  $(5,202) $834  $(974) 

    (1) Implied market value represents the estimated fair value of the underlying Agency MBS as if settled as of the date indicated.
    (2) Implied cost basis represents the forward price to be paid for the underlying Agency MBS as if settled as of the date indicated.
    (3) Net carrying value is the amount included on the consolidated balance sheets within “derivative assets (liabilities)” and represents the difference between the implied market value and the implied cost basis of the TBA security as of the date indicated.
    Schedule of Notional Amounts of Outstanding Derivative Positions
    The tables below summarize changes in the Company’s derivative instruments for the period indicated:
    Type of Derivative InstrumentNotional Amount as of December 31, 2019AdditionsSettlements,
    Terminations,
    or Pair-Offs
    Notional Amount as of March 31, 2020
    Interest rate swaps$4,225,000  $2,570,000  $(6,565,000) $230,000  
    Interest rate swaptions750,000  —  (750,000) —  
    U.S. Treasury futures—  1,477,500  (300,000) 1,177,500  
    Options on U.S. Treasury futures1,350,000  2,000,000  (1,650,000) 1,700,000  
    TBA - long positions435,000  1,905,000  (2,340,000) —  
    TBA - short positions(500,000) (830,000) 815,000  (515,000) 
    Offsetting Assets
    Offsetting of Assets
    Gross Amount of Recognized AssetsGross Amount Offset in the Balance SheetNet Amount of Assets Presented in the Balance Sheet
    Gross Amount Not Offset in the Balance Sheet (1)
    Net Amount
    Financial Instruments Received as CollateralCash Received as Collateral
    March 31, 2020
    Options on U.S. Treasury futures$3,031  —  $3,031  $—  $—  $3,031  
    Derivative assets$3,031  $—  $3,031  $—  $—  $3,031  
    December 31, 2019
    Interest rate swaptions$573  $—  $573  $—  $—  $573  
    Options on U.S. Treasury futures2,883  —  2,883  —  —  2,883  
    TBA - long positions834  —  834  (380) —  454  
    Derivative assets$4,290  $—  $4,290  $(380) $—  $3,910  
    Offsetting Liabilities
    Offsetting of Liabilities
    Gross Amount of Recognized LiabilitiesGross Amount Offset in the Balance SheetNet Amount of Liabilities Presented in the Balance Sheet
    Gross Amount Not Offset in the Balance Sheet (1)
    Net Amount
    Financial Instruments Posted as CollateralCash Posted as Collateral
    March 31, 2020
    U.S. Treasury futures$(8,438) —  $(8,438) $—  $8,438  $—  
    TBA - short positions(5,202) —  (5,202) —  1,235  (3,967) 
    Derivative liabilities$(13,640) $—  $(13,640) $—  $9,673  $(3,967) 
    December 31, 2019
    TBA - short positions$(974) —  $(974) $380  —  $(594) 
    Derivative liabilities$(974) $—  $(974) $380  $—  $(594) 
    (1) Amounts disclosed for collateral received by or posted to the same counterparty include cash and the fair value of MBS up to and not exceeding the net amount of the derivative asset or liability presented in the balance sheet. The fair value of the total collateral received by or posted to the same counterparty may exceed the amounts presented. Please refer to the consolidated balance sheets for the total cash posted as collateral, which is recorded as "restricted cash," and the total fair value of financial instruments pledged as collateral for derivatives and repurchase agreements, which is shown parenthetically.
    XML 29 R37.htm IDEA: XBRL DOCUMENT v3.20.1
    Subsequent Events Subsequent Events (Details) - USD ($)
    $ in Thousands
    May 11, 2020
    Mar. 31, 2020
    Dec. 31, 2019
    Subsequent Event [Line Items]      
    Debt Securities, Available-for-sale, Amortized Cost   $ 3,472,928 $ 5,014,357
    Assets Sold under Agreements to Repurchase, Repurchase Liability   4,408,106 4,752,348
    Debt Securities, Available-for-sale   $ 3,719,706 $ 5,188,163
    Subsequent Event [Member] | Commercial Mortgage Backed Securities      
    Subsequent Event [Line Items]      
    Debt Securities, Available-for-sale, Amortized Cost $ 1,301,770    
    Assets Sold under Agreements to Repurchase, Repurchase Liability 1,281,890    
    Debt Securities, Available-for-sale $ 1,468,901    
    XML 30 R33.htm IDEA: XBRL DOCUMENT v3.20.1
    Fair Value of Financial Instruments (Details) - USD ($)
    $ in Thousands
    Mar. 31, 2020
    Dec. 31, 2019
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative asset $ 3,031 $ 4,290
    Derivative liabilities 13,640 974
    Fair Value, Measurements, Recurring    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Mortgage-backed securities 3,719,706 5,188,163
    Assets, Fair Value Disclosure 3,730,659 5,192,453
    Financial Liabilities Fair Value Disclosure 13,640 974
    Loans Receivable, Fair Value Disclosure 7,922 0
    Fair Value, Measurements, Recurring | Level 1    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Mortgage-backed securities 0 0
    Assets, Fair Value Disclosure 3,031 2,883
    Financial Liabilities Fair Value Disclosure 8,438 0
    Loans Receivable, Fair Value Disclosure 0 0
    Fair Value, Measurements, Recurring | Level 2    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Mortgage-backed securities 3,718,144 5,186,473
    Assets, Fair Value Disclosure 3,718,144 5,187,880
    Financial Liabilities Fair Value Disclosure 5,202 974
    Loans Receivable, Fair Value Disclosure 0 0
    Fair Value, Measurements, Recurring | Level 3    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Mortgage-backed securities 1,562 1,690
    Assets, Fair Value Disclosure 9,484 1,690
    Financial Liabilities Fair Value Disclosure 0 0
    Loans Receivable, Fair Value Disclosure 7,922 0
    Fair Value, Measurements, Recurring | Options on U.S. Treasury futures    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative asset 3,031 2,883
    Fair Value, Measurements, Recurring | Options on U.S. Treasury futures | Level 1    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative asset 3,031 2,883
    Fair Value, Measurements, Recurring | Options on U.S. Treasury futures | Level 2    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative asset 0 0
    Fair Value, Measurements, Recurring | Options on U.S. Treasury futures | Level 3    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative asset 0 0
    Fair Value, Measurements, Recurring | Interest rate swaption    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative asset 0 573
    Fair Value, Measurements, Recurring | Interest rate swaption | Level 1    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative asset 0 0
    Fair Value, Measurements, Recurring | Interest rate swaption | Level 2    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative asset 0 573
    Fair Value, Measurements, Recurring | Interest rate swaption | Level 3    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative asset 0 0
    Fair Value, Measurements, Recurring | TBA securities | Short position    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative liabilities 5,202 974
    Fair Value, Measurements, Recurring | TBA securities | Long position    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative asset 0 834
    Fair Value, Measurements, Recurring | TBA securities | Level 1 | Short position    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative liabilities 0 0
    Fair Value, Measurements, Recurring | TBA securities | Level 1 | Long position    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative asset 0 0
    Fair Value, Measurements, Recurring | TBA securities | Level 2 | Short position    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative liabilities 5,202 974
    Fair Value, Measurements, Recurring | TBA securities | Level 2 | Long position    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative asset 0 834
    Fair Value, Measurements, Recurring | TBA securities | Level 3 | Short position    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative liabilities 0 0
    Fair Value, Measurements, Recurring | TBA securities | Level 3 | Long position    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative asset 0 0
    Fair Value, Measurements, Recurring | Futures    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative liabilities 8,438 0
    Fair Value, Measurements, Recurring | Futures | Level 1    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative liabilities 8,438 0
    Fair Value, Measurements, Recurring | Futures | Level 2    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative liabilities 0 0
    Fair Value, Measurements, Recurring | Futures | Level 3    
    Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
    Derivative liabilities $ 0 $ 0
    XML 31 R8.htm IDEA: XBRL DOCUMENT v3.20.1
    Commitment and Contingencies
    3 Months Ended
    Mar. 31, 2020
    Commitments and Contingencies Disclosure [Abstract]  
    Contingencies Disclosure As previously disclosed in the 2019 Form 10-K, the receiver (the “Receiver”) for one of the plaintiffs awarded damages in a judgment (the "DCI Judgment") against Dynex Commercial, Inc. ("DCI"), a subsidiary of a former affiliate of the Company, filed a separate claim in May 2018 against the Company seeking payment of the damages awarded in connection with the DCI Judgment, alleging that the Company breached a litigation cost sharing agreement, as amended (the "Agreement", that was initially entered into by the Company and DCI in December 2000. On November 21, 2019, the U.S. District Court, Northern District of Texas ("Northern District Court") granted in part and denied in part summary judgment on the Receiver’s claim and the Company’s claim for offset and recoupment. The Northern District Court found that the Company breached the Agreement and therefore must pay damages to the Receiver. The Northern District Court simultaneously granted the Company’s motion for summary judgment finding that DCI also breached the Agreement and that the Company can recover amounts due to it from DCI under the Agreement. The Receiver subsequently filed a claim for damages with the Northern District Court of approximately $12,600, while the Company filed claims for damages ranging from $13,300 to $30,600, including interest. The Receiver filed objections (the "Objections") with the Northern District Court to, among other things, the Company recovering amounts incurred prior to entry into the Agreement and amounts incurred under the Agreement after January 31, 2006, including interest, which is the date that DCI’s corporate existence ceased under Virginia law. The Company has disputed, among other things, that the Receiver's Objections as not supportable under Virginia law and has further refined its damages claim to range from $13,300 based on simple interest to $17,800 based on a combination of simple and compound interest, which the Company believes is supportable under Virginia law. On March 5, 2020, the Company filed its response to the DCI Plaintiffs opening brief filed on February 4, 2020 in the Court of Appeals for the Fifth Circuit. There have been no other material developments in this matter during the three months ended March 31, 2020. After consultation with litigation counsel, the Company believes, based upon information currently available and its evaluation of Virginia law, that the likelihood of loss is not probable, and given the range of potential claims for damages by the Company to offset the Receiver's claims, the amount of possible loss cannot be reasonably estimated, and therefore, no contingent liability has been recorded.
    XML 32 R4.htm IDEA: XBRL DOCUMENT v3.20.1
    Consolidated Statements of Shareholders' Equity Statement - USD ($)
    $ in Thousands
    Total
    Preferred Stock
    Preferred Stock Including Additional Paid in Capital
    Common Stock
    Additional Paid-in Capital
    Accumulated Other Comprehensive Income (Loss)
    Accumulated Deficit
    Balance, Preferred shares outstanding at Dec. 31, 2018   5,954,594          
    Balance, Common shares outstanding at Dec. 31, 2018       20,939,073      
    Increase (Decrease) in Stockholders' Equity [Roll Forward]              
    Stock issuance, shares   213,468   3,109,047      
    Restricted stock granted, net of amortization       50,821      
    Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation       16,231      
    Balance, Preferred shares outstanding at Mar. 31, 2019   6,168,062          
    Balance, Common shares outstanding at Mar. 31, 2019       24,082,710      
    Balance at Dec. 31, 2018 $ 527,153   $ 142,883 $ 209 $ 818,861 $ (35,779) $ (399,021)
    Increase (Decrease) in Stockholders' Equity [Roll Forward]              
    Stock issuance, value 58,887   5,015 31 53,841    
    Restricted stock granted, net of amortization 298     1 297    
    Adjustments for tax withholding on share-based compensation (296)     0 (296)    
    Stock issuance costs (212)       (212)    
    Net (loss) income (52,214)           (52,214)
    Dividends on preferred stock (3,059)           (3,059)
    Dividends on common stock (12,350)           (12,350)
    Other Comprehensive Income (Loss), Net of Tax 86,467         86,467  
    Balance at Mar. 31, 2019 $ 604,674   147,898 $ 241 872,491 50,688 (466,644)
    Balance, Preferred shares outstanding at Dec. 31, 2019 6,788,330 6,788,330          
    Balance, Common shares outstanding at Dec. 31, 2019 22,945,993     22,945,993      
    Increase (Decrease) in Stockholders' Equity [Roll Forward]              
    Stock issuance, shares   4,460,000   0      
    Stock Redeemed or Called During Period, Shares   4,000,000          
    Restricted stock granted, net of amortization       67,511      
    Stock Repurchased During Period, Shares       (18,782)      
    Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation       (12,744)      
    Balance, Preferred shares outstanding at Mar. 31, 2020 7,248,330 7,248,330          
    Balance, Common shares outstanding at Mar. 31, 2020 22,981,978     22,981,978      
    Balance at Dec. 31, 2019 $ 582,988   162,807 $ 229 858,347 173,806 (612,201)
    Increase (Decrease) in Stockholders' Equity [Roll Forward]              
    Stock issuance, value 107,988   107,988 0 0    
    Stock Redeemed or Called During Period, Value 100,000   96,086       3,914
    Restricted stock granted, net of amortization 307     1 306    
    Stock Repurchased During Period, Value (206)     0 (206)    
    Adjustments for tax withholding on share-based compensation (235)     0 (235)    
    Stock issuance costs (9)       (9)    
    Net (loss) income (98,479)           98,479
    Dividends on preferred stock (3,841)           (3,841)
    Dividends on common stock (10,330)           (10,330)
    Other Comprehensive Income (Loss), Net of Tax 72,972         72,972  
    Balance at Mar. 31, 2020 $ 550,607   $ 174,709 $ 230 $ 858,203 $ 246,778 $ (729,313)
    XML 33 R22.htm IDEA: XBRL DOCUMENT v3.20.1
    Commitment and Contingencies (Details)
    3 Months Ended
    Mar. 31, 2020
    USD ($)
    Commitments and Contingencies Disclosure [Abstract]  
    Loss Contingency, Damages Sought, Value $ 12,600
    Loss Contingency, Inestimable Loss After consultation with litigation counsel, the Company believes, based upon information currently available and its evaluation of Virginia law, that the likelihood of loss is not probable, and given the range of potential claims for damages by the Company to offset the Receiver's claims, the amount of possible loss cannot be reasonably estimated, and therefore, no contingent liability has been recorded.
    XML 34 R26.htm IDEA: XBRL DOCUMENT v3.20.1
    Repurchase Agreements Counterparty Information (Details)
    $ in Thousands
    Mar. 31, 2020
    USD ($)
    Agreements
    Repurchase Agreement Counterparty [Line Items]  
    Repurchase Agreement Counterparty, Amount at Risk $ 59,542
    Long-term Line of Credit 146,470
    Line of Credit Facility, Maximum Borrowing Capacity $ 250,000
    Line of Credit Facility, Interest Rate at Period End 1.81%
    Number of Counterparties with Borrowings Outstanding | Agreements 22
    Available Repurchase Agreement Counterparties | Agreements 37
    JP Morgan  
    Repurchase Agreement Counterparty [Line Items]  
    Borrowings outstanding with counterparty $ 694,367
    WAVG interest rate for amount outstanding with named counterparty 1.63%
    XML 35 R35.htm IDEA: XBRL DOCUMENT v3.20.1
    Shareholders' Equity (Details) - USD ($)
    $ / shares in Units, $ in Thousands
    1 Months Ended 3 Months Ended
    Mar. 23, 2020
    Mar. 16, 2020
    Mar. 14, 2020
    Mar. 10, 2020
    Feb. 24, 2020
    Feb. 14, 2020
    Jan. 24, 2020
    Jan. 13, 2020
    Mar. 31, 2020
    Feb. 29, 2020
    Jan. 31, 2020
    Mar. 31, 2019
    Mar. 31, 2020
    Mar. 31, 2019
    Dec. 31, 2019
    Class of Stock [Line Items]                              
    Preferred Stock, Shares Authorized                 50,000,000       50,000,000    
    Preferred Stock, Par or Stated Value Per Share                 $ 0.01       $ 0.01    
    Stock issuance, value                         $ 107,988 $ 58,887  
    Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs                         $ 9 $ 212  
    Preferred Stock, Shares Outstanding                 7,248,330       7,248,330   6,788,330
    Redemption Premium                         $ 3,914    
    Preferred Stock, Shares Issued                 7,248,330       7,248,330   6,788,330
    Dividends Payable, Date Declared, Month and Year       Mar. 10, 2020   Feb. 14, 2020   Jan. 13, 2020              
    Common Stock, Dividends, Per Share, Declared                 $ 0.15 $ 0.15 $ 0.15        
    Series A Preferred Stock                              
    Class of Stock [Line Items]                              
    Preferred Stock, Dividend Rate, Percentage     8.50%                        
    Preferred Stock, Shares Outstanding     2,300,000                        
    Preferred Stock, Redemption Price Per Share     $ 25.35                        
    Preferred Stock, Liquidation Preference Per Share     $ 25.00                        
    Series B Preferred Stock                              
    Class of Stock [Line Items]                              
    Preferred Stock, Dividend Rate, Percentage   7.625%                          
    Preferred Stock, Shares Outstanding   1,700,000                          
    Preferred Stock, Redemption Price Per Share   $ 25.32                          
    Preferred Stock, Shares Issued                 2,788,330       2,788,330    
    Preferred Stock, Liquidation Preference Per Share   $ 25.00             $ 25.00       $ 25.00    
    Preferred Stock, Dividend Payment Terms                         The Series B Preferred Stock pays a cumulative cash dividend equivalent to 7.625% of the $25.00 liquidation preference per share each year.    
    Preferred Stock, Dividends Per Share, Declared                         $ 0.4765625    
    Series C Preferred Stock                              
    Class of Stock [Line Items]                              
    Preferred Stock, Shares Authorized                 6,600,000       6,600,000    
    Stock issuance, shares                         4,460,000    
    Stock issuance, value                         $ 107,988    
    Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs                         $ 3,512    
    Preferred Stock, Dividend Rate, Percentage                         6.90%    
    Preferred Stock, Liquidation Preference Per Share                 $ 25.00       $ 25.00    
    Preferred Stock, Dividend Payment Terms                         The Series C Preferred stock pays a cumulative cash dividend equivalent to 6.90% of the $25.00 liquidation preference per share each year until April 15, 2025 upon which date and thereafter, the Company will pay cumulative cash dividends at a percentage of the $25.00 liquidation value per share equal to an annual floating rate of three-month LIBOR plus a spread of 5.461%.    
    Preferred Stock, Dividends Per Share, Declared                         $ 0.259    
    Common Stock                              
    Class of Stock [Line Items]                              
    Dividends Payable, Date of Record Mar. 23, 2020       Feb. 24, 2020   Jan. 24, 2020                
    Dividends Payable, Date to be Paid                   Mar. 02, 2020 Feb. 03, 2020 Apr. 01, 2020      
    XML 36 R31.htm IDEA: XBRL DOCUMENT v3.20.1
    Derivatives Offsetting Assets (Details) - USD ($)
    $ in Thousands
    Mar. 31, 2020
    Dec. 31, 2019
    Offsetting Assets [Line Items]    
    Derivative Asset, Fair Value, Gross Asset $ 3,031 $ 4,290
    Derivative Asset, Fair Value, Amount Not Offset Against Collateral 3,031 4,290
    Derivative, Collateral, Obligation to Return Securities [1] 0 (380)
    Derivative, Collateral, Obligation to Return Cash 0 0 [1]
    Derivative Asset, Fair Value, Amount Offset Against Collateral 3,031 3,910
    Interest rate swaption    
    Offsetting Assets [Line Items]    
    Derivative Asset, Fair Value, Gross Asset   573
    Derivative Asset, Fair Value, Amount Not Offset Against Collateral   573
    Derivative, Collateral, Obligation to Return Securities [1]   0
    Derivative, Collateral, Obligation to Return Cash   0
    Derivative Asset, Fair Value, Amount Offset Against Collateral   573
    Options on U.S. Treasury futures    
    Offsetting Assets [Line Items]    
    Derivative Asset, Fair Value, Gross Asset 3,031 2,883
    Derivative Asset, Fair Value, Amount Not Offset Against Collateral 3,031 2,883
    Derivative, Collateral, Obligation to Return Securities 0 [1] 0
    Derivative, Collateral, Obligation to Return Cash 0 0
    Derivative Asset, Fair Value, Amount Offset Against Collateral $ 3,031 2,883
    Long position | TBA securities    
    Offsetting Assets [Line Items]    
    Derivative Asset, Fair Value, Gross Asset   834
    Derivative Asset, Fair Value, Amount Not Offset Against Collateral   834
    Derivative, Collateral, Obligation to Return Securities [1]   (380)
    Derivative, Collateral, Obligation to Return Cash [1]   0
    Derivative Asset, Fair Value, Amount Offset Against Collateral   $ 454
    [1] Amounts disclosed for collateral received by or posted to the same counterparty include cash and the fair value of MBS up to and not exceeding the net amount of the derivative asset or liability presented in the balance sheet. The fair value of the total collateral received by or posted to the same counterparty may exceed the amounts presented. Please refer to the consolidated balance sheets for the total cash posted as collateral, which is recorded as "restricted cash," and the total fair value of financial instruments pledged as collateral for derivatives and repurchase agreements, which is shown parenthetically.
    XML 37 R12.htm IDEA: XBRL DOCUMENT v3.20.1
    Fair Value of Financial Instruments (Notes)
    3 Months Ended
    Mar. 31, 2020
    Fair Value Disclosures [Abstract]  
    Fair Value of Financial Instruments FAIR VALUE OF FINANCIAL INSTRUMENTS
     
    Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is based on the assumptions market participants would use when pricing an asset or liability and also considers all aspects of nonperformance risk, including the entity’s own credit standing, when measuring fair value of a liability. ASC Topic 820 established a valuation hierarchy of three levels as follows:
     
    Level 1 – Inputs are unadjusted, quoted prices in active markets for identical assets or liabilities as of the measurement date.
    Level 2 – Inputs include quoted prices in active markets for similar assets or liabilities; quoted prices in inactive markets for identical or similar assets or liabilities; or inputs either directly observable or indirectly observable through correlation with market data at the measurement date and for the duration of the instrument’s anticipated life.
    Level 3 – Unobservable inputs are supported by little or no market activity. The unobservable inputs represent management’s best estimate of how market participants would price the asset or liability at the measurement date. Consideration is given to the risk inherent in the valuation technique and the risk inherent in the inputs to the model.

    The following table presents the Company’s financial instruments that are measured at fair value on the Company’s consolidated balance sheet by their valuation hierarchy levels as of the dates indicated:
    March 31, 2020December 31, 2019
     Fair ValueLevel 1Level 2Level 3Fair ValueLevel 1Level 2Level 3
    Assets carried at fair value:    
    MBS$3,719,706  $—  $3,718,144  $1,562  $5,188,163  $—  $5,186,473  $1,690  
    Mortgage loans held for investment7,922  —  —  7,922  —  —  —  —  
    Derivative assets:
    Options on U.S. Treasury futures3,031  3,031  —  —  2,883  2,883  —  —  
    Interest rate swaptions—  —  —  —  573  —  573  —  
    TBA securities-long positions—  —  —  —  834  —  834  —  
    Total assets carried at fair value$3,730,659  $3,031  $3,718,144  $9,484  $5,192,453  $2,883  $5,187,880  $1,690  
    Liabilities carried at fair value:
    TBA-short positions$5,202  $—  $5,202  $—  $974  $—  $974  $—  
    U.S. Treasury futures8,438  8,438  —  —  —  —  —  —  
    Total liabilities carried at fair value$13,640  $8,438  $5,202  $—  $974  $—  $974  $—  

    The fair value measurements for the Company's MBS are considered Level 2 when there are substantially similar securities actively trading or for which there has been recent trading activity in their respective markets. The Company determines the fair value of its Level 2 securities based on prices received from the Company's primary pricing service as well as other pricing services and brokers. The Company evaluates the third-party prices it receives to assess their
    reasonableness. Although the Company does not adjust third-party prices, they may be excluded from use in the determination of a security's fair value if they are significantly different from other observable market data. In valuing a security, the primary pricing service uses either a market approach, which uses observable prices and other relevant information that is generated by market transactions of identical or similar securities, or an income approach, which uses valuation techniques to convert future amounts to a single, discounted present value amount. The Company also reviews the assumptions and inputs utilized in the valuation techniques of its primary pricing service. Examples of these observable inputs and assumptions include market interest rates, credit spreads, and projected prepayment speeds, among other things.

    The Company owns MBS and mortgage loans that are considered Level 3 assets because there has been no recent trading activity of similar instruments upon which their fair value can be measured. The fair value for these Level 3 assets is measured by discounting the estimated future cash flows derived from cash flow models using significant inputs which are determined by the Company when market observable inputs are not available. Information utilized in those pricing models include the security’s credit rating, coupon rate, estimated prepayment speeds, expected weighted average life, collateral composition, estimated future interest rates, expected credit losses, and credit enhancement as well as certain other relevant information. The Company used a constant prepayment rate assumption of 10%, default rate of 2%, loss severity of 20%, and a discount rate of 8.8% in measuring the fair value of its Level 3 assets as of March 31, 2020. Significant changes in any of these inputs in isolation may result in a significantly different fair value measurement. Level 3 assets are generally most sensitive to the default rate and severity assumptions.

    The activity of the Company’s Level 3 assets during the first quarter of 2020 is presented in the following table:
    Three Months Ended
    March 31, 2020
    Other Non-Agency MBSMortgage Loans
    Balance as of beginning of period, adjusted (1)
    $1,690  $8,857  
    Change in fair value (2)
    (116) (312) 
    Principal payments(105) (615) 
    Accretion (amortization) (3)
    93  (8) 
    Balance as of end of period  $1,562  $7,922  
    (1) See Note 1 for information regarding the Company’s election of the fair value option for its mortgage loans effective January 1, 2020 which were previously reported at amortized cost. The beginning balance shown in this table represents the fair value of the mortgage loans after the cumulative adjustment of $(548) made to the amortized cost of $9,405 as of December 31, 2019.
    (2) Change in fair value for other non-Agency MBS is recorded as unrealized gain (loss) in “other comprehensive income” and change in fair value for mortgage loans is net of chargeoffs and recorded as unrealized gain (loss) in “fair value adjustments,net“.
    (3) Accretion (amortization) represents the amount of (premium) discount recognized in “interest income” during the period indicated.

    The fair value of interest rate swaps is measured using the income approach with the primary input being the forward interest rate swap curve, which is considered an observable input, and thus their fair values are considered Level 2 measurements. All of the Company’s interest rate swap agreements are centrally cleared through the CME. Please refer to Note 1 for information regarding the exchange of variation margin being legally considered as settlement of the derivative as opposed to a pledge of collateral. U.S. Treasury futures and options on U.S. Treasury futures are valued based on closing exchange prices on these contracts and are classified accordingly as Level 1 measurements. Unlike its interest rate swaps, the Company does not treat the exchange of variation margin for its U.S. Treasury futures as legal settlement of the instrument. The fair value of interest rate swaptions is based on the fair value of the underlying interest rate swap and time remaining until its expiration. The fair value of TBA securities is estimated using methods similar those used to fair value the Company’s Level 2 MBS.
    XML 38 R16.htm IDEA: XBRL DOCUMENT v3.20.1
    Investments in Debt Securities Investments in Debt Securities (Tables)
    3 Months Ended
    Mar. 31, 2020
    Investments, Debt and Equity Securities [Abstract]  
    Debt Securities, Available-for-sale [Table Text Block] The following tables present the Company’s MBS by investment type (including securities pending settlement) as of the dates indicated:
     March 31, 2020
     ParNet Premium (Discount)Amortized CostGross Unrealized GainGross Unrealized LossFair Value
    Agency CMBS$2,104,738  $16,937  $2,121,675  $207,436  $(892) $2,328,219  
    Agency RMBS868,191  19,240  887,431  44,005  —  931,436  
    CMBS IO (1)
    —  462,675  462,675  2,616  (6,802) 458,489  
    Non-Agency other1,833  (686) 1,147  472  (57) 1,562  
    Total MBS:$2,974,762  $498,166  $3,472,928  $254,529  $(7,751) $3,719,706  
    (1) The notional balance for Agency CMBS IO and non-Agency CMBS IO was $13,274,419 and $9,680,637 respectively, as of March 31, 2020.
     December 31, 2019
     ParNet Premium (Discount)Amortized CostGross Unrealized GainGross Unrealized LossFair Value
    Agency CMBS$1,890,186  $15,414  $1,905,600  $93,763  $(6) $1,999,357  
    Agency RMBS2,563,684  55,770  2,619,454  69,082  (462) 2,688,074  
    CMBS IO (2)
    —  488,145  488,145  11,760  (863) 499,042  
    Non-Agency other  1,938  (780) 1,158  552  (20) 1,690  
    Total MBS:$4,455,808  $558,549  $5,014,357  $175,157  $(1,351) $5,188,163  
    (1) The notional balance for the Agency CMBS IO and non-Agency CMBS IO was $13,404,824 and $9,799,629, respectively, as of December 31, 2019.
    Schedule of Realized Gain (Loss) [Table Text Block]
    The following table presents information regarding the "gain on sale of investments, net" on the Company’s consolidated statements of comprehensive income (loss) for the periods indicated (1):
    Three Months Ended
    March 31,
    20202019
    Proceeds ReceivedRealized Gain (Loss)Proceeds ReceivedRealized Gain (Loss)
    Agency RMBS$1,817,350  $64,094  $—  $—  
    Agency CMBS173,684  20,689  —  —  
    $1,991,034  $84,783  $—  $—  
    Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value [Table Text Block]
    The following table presents certain information for the AFS securities in an unrealized loss position as of the dates indicated:
     March 31, 2020December 31, 2019
    Fair ValueGross Unrealized Losses# of SecuritiesFair ValueGross Unrealized Losses# of Securities
    Continuous unrealized loss position for less than 12 months:    
    Agency MBS$322,607  $(5,846) 56$215,792  $(1,139) 27
    Non-Agency MBS115,425  (1,804) 5113,607  (146) 7
    Continuous unrealized loss position for 12 months or longer:
    Agency MBS$388  $(79) 2$75,745  $(35) 2
    Non-Agency MBS111  (22) 41,099  (31) 5
    JSON 39 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "dx-20200331.htm": { "axisCustom": 2, "axisStandard": 14, "contextCount": 202, "dts": { "calculationLink": { "local": [ "dx-20200331_cal.xml" ] }, "definitionLink": { "local": [ "dx-20200331_def.xml" ], "remote": [ "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-eedm-def-2019-01-31.xml", "http://xbrl.fasb.org/srt/2019/elts/srt-eedm1-def-2019-01-31.xml" ] }, "inline": { "local": [ "dx-20200331.htm" ] }, "labelLink": { "local": [ "dx-20200331_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml", "http://xbrl.fasb.org/srt/2019/elts/srt-doc-2019-01-31.xml", "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-doc-2019-01-31.xml" ] }, "presentationLink": { "local": [ "dx-20200331_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml", "http://xbrl.fasb.org/srt/2019/elts/srt-ref-2019-01-31.xml", "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-ref-2019-01-31.xml" ] }, "schema": { "local": [ "dx-20200331.xsd" ], "remote": [ "http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd", "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-types-2019-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-roles-2019-01-31.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-roles-2019-01-31.xsd", "https://xbrl.sec.gov/country/2017/country-2017-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-types-2019-01-31.xsd", "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/reference-2009-12-16.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-parts-codification-2019-01-31.xsd" ] } }, "elementCount": 388, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2019-01-31": 5, "total": 5 }, "keyCustom": 18, "keyStandard": 305, "memberCustom": 7, "memberStandard": 33, "nsprefix": "dx", "nsuri": "http://www.dynexcapital.com/20200331", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "0001001 - Document - Document and Entity Information Document and Entity Information", "role": "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation", "shortName": "Document and Entity Information Document and Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R10": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RepurchaseAgreementsResaleAgreementsSecuritiesBorrowedAndSecuritiesLoanedDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2110104 - Disclosure - Repurchase Agreements (Notes)", "role": "http://www.dynexcapital.com/role/RepurchaseAgreementsNotes", "shortName": "Repurchase Agreements (Notes)", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RepurchaseAgreementsResaleAgreementsSecuritiesBorrowedAndSecuritiesLoanedDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R11": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2116105 - Disclosure - Derivatives (Notes)", "role": "http://www.dynexcapital.com/role/DerivativesNotes", "shortName": "Derivatives (Notes)", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R12": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueDisclosuresTextBlock", "reportCount": 1, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2123106 - Disclosure - Fair Value of Financial Instruments (Notes)", "role": "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsNotes", "shortName": "Fair Value of Financial Instruments (Notes)", "subGroupType": "", "uniqueAnchor": null }, "R13": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ShareholdersEquityAndShareBasedPaymentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2127107 - Disclosure - Shareholders' Equity and Share-Based Compensation (Notes)", "role": "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationNotes", "shortName": "Shareholders' Equity and Share-Based Compensation (Notes)", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ShareholdersEquityAndShareBasedPaymentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R14": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SubsequentEventsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2131108 - Disclosure - Subsequent Events (Notes)", "role": "http://www.dynexcapital.com/role/SubsequentEventsNotes", "shortName": "Subsequent Events (Notes)", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SubsequentEventsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R15": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:NatureOfOperations", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2202201 - Disclosure - Organization and Summary of Significant Accounting Policies (Policies)", "role": "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies", "shortName": "Organization and Summary of Significant Accounting Policies (Policies)", "subGroupType": "policies", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:NatureOfOperations", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R16": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DebtSecuritiesAvailableForSaleTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2308302 - Disclosure - Investments in Debt Securities Investments in Debt Securities (Tables)", "role": "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesTables", "shortName": "Investments in Debt Securities Investments in Debt Securities (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DebtSecuritiesAvailableForSaleTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R17": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfUnderlyingAssetsOfRepurchaseAgreementsWhenAmountOfRepurchaseAgreementsExceeds10PercentOfAssetsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2311303 - Disclosure - Repurchase Agreements (Tables)", "role": "http://www.dynexcapital.com/role/RepurchaseAgreementsTables", "shortName": "Repurchase Agreements (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfUnderlyingAssetsOfRepurchaseAgreementsWhenAmountOfRepurchaseAgreementsExceeds10PercentOfAssetsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R18": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2317304 - Disclosure - Derivatives (Tables)", "role": "http://www.dynexcapital.com/role/DerivativesTables", "shortName": "Derivatives (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R19": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueDisclosuresTextBlock", "reportCount": 1, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2324305 - Disclosure - Fair Value of Financial Instruments (Tables)", "role": "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsTables", "shortName": "Fair Value of Financial Instruments (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "lang": "en-US", "name": "us-gaap:ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R2": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:CashAndCashEquivalentsAtCarryingValue", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1001002 - Statement - Consolidated Balance Sheets", "role": "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets", "shortName": "Consolidated Balance Sheets", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "lang": null, "name": "us-gaap:FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R20": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DividendsDeclaredTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2328306 - Disclosure - Shareholders' Equity and Share-Based Compensation (Tables)", "role": "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationTables", "shortName": "Shareholders' Equity and Share-Based Compensation (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DividendsDeclaredTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R21": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:CashAndCashEquivalentsAtCarryingValue", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2403402 - Disclosure - Organization and Summary of Significant Accounting Policies (Details)", "role": "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesDetails", "shortName": "Organization and Summary of Significant Accounting Policies (Details)", "subGroupType": "details", "uniqueAnchor": null }, "R22": { "firstAnchor": { "ancestors": [ "us-gaap:LossContingencyDisclosures", "span", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": "3", "first": true, "lang": null, "name": "us-gaap:LossContingencyDamagesSoughtValue", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2406403 - Disclosure - Commitment and Contingencies (Details)", "role": "http://www.dynexcapital.com/role/CommitmentandContingenciesDetails", "shortName": "Commitment and Contingencies (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "us-gaap:LossContingencyDisclosures", "span", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": "3", "first": true, "lang": null, "name": "us-gaap:LossContingencyDamagesSoughtValue", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R23": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "dx:Parvalueofavailableforsaledebtsecurity", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2409404 - Disclosure - Investments in Debt Securities Investments in Debt Securities (Details)", "role": "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails", "shortName": "Investments in Debt Securities Investments in Debt Securities (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "dx:Parvalueofavailableforsaledebtsecurity", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R24": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2412405 - Disclosure - Repurchase Agreements (Details)", "role": "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails", "shortName": "Repurchase Agreements (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfUnderlyingAssetsOfRepurchaseAgreementsWhenAmountOfRepurchaseAgreementsExceeds10PercentOfAssetsTextBlock", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "lang": null, "name": "us-gaap:AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R25": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2413406 - Disclosure - Repurchase Agreements Remaining Term to Maturity (Details)", "role": "http://www.dynexcapital.com/role/RepurchaseAgreementsRemainingTermtoMaturityDetails", "shortName": "Repurchase Agreements Remaining Term to Maturity (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "0", "lang": null, "name": "dx:Originaltermtomaturity", "reportCount": 1, "unique": true, "unitRef": "number", "xsiNil": "false" } }, "R26": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:RepurchaseAgreementCounterpartyAmountAtRisk", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2414407 - Disclosure - Repurchase Agreements Counterparty Information (Details)", "role": "http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails", "shortName": "Repurchase Agreements Counterparty Information (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:RepurchaseAgreementCounterpartyAmountAtRisk", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R27": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i053355de36ac4892a89515fb2a9a22ab_I20191231", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:SecuritiesSoldUnderAgreementsToRepurchaseGross", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2415408 - Disclosure - Repurchase Agreements Offsetting (Details)", "role": "http://www.dynexcapital.com/role/RepurchaseAgreementsOffsettingDetails", "shortName": "Repurchase Agreements Offsetting (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i053355de36ac4892a89515fb2a9a22ab_I20191231", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:SecuritiesSoldUnderAgreementsToRepurchaseGross", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R28": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2418409 - Disclosure - Derivatives (Details)", "role": "http://www.dynexcapital.com/role/DerivativesDetails", "shortName": "Derivatives (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "lang": null, "name": "us-gaap:DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R29": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2419410 - Disclosure - Derivatives TBA securities (Details)", "role": "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails", "shortName": "Derivatives TBA securities (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "idb07f607d80d42e1abe9e1cb9ed2dcdf_I20200331", "decimals": "-3", "lang": null, "name": "dx:CostBasisTBA", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R3": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:InterestIncomeOperating", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1003003 - Statement - Consolidated Statements of Comprehensive Income", "role": "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome", "shortName": "Consolidated Statements of Comprehensive Income", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:InterestIncomeOperating", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R30": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfDerivativeInstrumentsTextBlock", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "3", "first": true, "lang": null, "name": "us-gaap:DerivativeLiabilityNotionalAmount", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2420411 - Disclosure - Derivatives Volume of Activity (Details)", "role": "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails", "shortName": "Derivatives Volume of Activity (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ie39ba6ffff64457b978d1302baf6c565_D20200101-20200331", "decimals": "-3", "lang": null, "name": "dx:NotionalAmountofDerivativeInstrumentsAdded", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R31": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:DerivativeFairValueOfDerivativeAsset", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2421412 - Disclosure - Derivatives Offsetting Assets (Details)", "role": "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails", "shortName": "Derivatives Offsetting Assets (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "lang": null, "name": "us-gaap:DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R32": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:OffsettingLiabilitiesTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:DerivativeFairValueOfDerivativeLiability", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2422413 - Disclosure - Derivatives Offsetting Liabilities (Details)", "role": "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "shortName": "Derivatives Offsetting Liabilities (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:OffsettingLiabilitiesTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "lang": null, "name": "us-gaap:DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R33": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:DerivativeAssets", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2425414 - Disclosure - Fair Value of Financial Instruments (Details)", "role": "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails", "shortName": "Fair Value of Financial Instruments (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "id8bd114cd70340a6b176b265858f5e77_I20200331", "decimals": "-3", "lang": null, "name": "us-gaap:MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R34": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i223f304a9d7c4bd1aa3bede175e7d705_I20191231", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2426415 - Disclosure - Fair Value of Financial Instruments Level 3 (Details)", "role": "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details", "shortName": "Fair Value of Financial Instruments Level 3 (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i223f304a9d7c4bd1aa3bede175e7d705_I20191231", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R35": { "firstAnchor": { "ancestors": [ "span", "div", "td", "tr", "table", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:PreferredStockSharesAuthorized", "reportCount": 1, "unitRef": "shares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2429416 - Disclosure - Shareholders' Equity (Details)", "role": "http://www.dynexcapital.com/role/ShareholdersEquityDetails", "shortName": "Shareholders' Equity (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": "-3", "lang": null, "name": "us-gaap:RedemptionPremium", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R36": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2430417 - Disclosure - Shareholders' Equity and Share-Based Compensation Share-based Compensation (Details)", "role": "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails", "shortName": "Shareholders' Equity and Share-Based Compensation Share-based Compensation (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R37": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2432418 - Disclosure - Subsequent Events Subsequent Events (Details)", "role": "http://www.dynexcapital.com/role/SubsequentEventsSubsequentEventsDetails", "shortName": "Subsequent Events Subsequent Events (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "ix:continuation", "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "iff87a10b6d414a428b2683d5bb08f445_I20200511", "decimals": "-3", "lang": null, "name": "us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R4": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i3877e9d3d8f749768cdb5311bb79bfe7_I20181231", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:PreferredStockSharesOutstanding", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1004004 - Statement - Consolidated Statements of Shareholders' Equity Statement", "role": "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement", "shortName": "Consolidated Statements of Shareholders' Equity Statement", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i3877e9d3d8f749768cdb5311bb79bfe7_I20181231", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:PreferredStockSharesOutstanding", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R5": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1005005 - Statement - Consolidated Statements of Cash Flows", "role": "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows", "shortName": "Consolidated Statements of Cash Flows", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": "-3", "lang": null, "name": "us-gaap:IncreaseDecreaseInAccruedInterestReceivableNet", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R6": { "firstAnchor": { "ancestors": [ "span", "div", "td", "tr", "table", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1402401 - Statement - Consolidated Balance Sheets (Parenthetical) Details)", "role": "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails", "shortName": "Consolidated Balance Sheets (Parenthetical) Details)", "subGroupType": "parenthetical", "uniqueAnchor": { "ancestors": [ "span", "div", "td", "tr", "table", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i7b497a4239f3443aa651804fdcff35a7_I20200331", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R7": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2101101 - Disclosure - Organization and Summary of Significant Accounting Policies (Notes)", "role": "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesNotes", "shortName": "Organization and Summary of Significant Accounting Policies (Notes)", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R8": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:LossContingencyDisclosures", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2104102 - Disclosure - Commitment and Contingencies", "role": "http://www.dynexcapital.com/role/CommitmentandContingencies", "shortName": "Commitment and Contingencies", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:LossContingencyDisclosures", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R9": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2107103 - Disclosure - Investments in Debt Securities Investment in Debt Securities (Notes)", "role": "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentinDebtSecuritiesNotes", "shortName": "Investments in Debt Securities Investment in Debt Securities (Notes)", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "ib07403b80c0c4773847497abc2c4974b_D20200101-20200331", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R9999": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "dx-20200331.htm", "contextRef": "i5582d2c37de94e6e9a7f0a823abcca4f_I20200101", "decimals": "-3", "first": true, "lang": null, "name": "us-gaap:CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "", "isDefault": "false", "longName": "Uncategorized Items - dx-20200331.htm", "role": "http://xbrl.sec.gov/role/uncategorizedFacts", "shortName": "Uncategorized Items - dx-20200331.htm", "subGroupType": "", "uniqueAnchor": null } }, "segmentCount": 46, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_CurrentFiscalYearEndDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "End date of current fiscal year in the format --MM-DD.", "label": "Current Fiscal Year End Date", "terseLabel": "Current Fiscal Year End Date" } } }, "localname": "CurrentFiscalYearEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "gMonthDayItemType" }, "dei_DocumentFiscalPeriodFocus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.", "label": "Document Fiscal Period Focus", "terseLabel": "Document Fiscal Period Focus" } } }, "localname": "DocumentFiscalPeriodFocus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "fiscalPeriodItemType" }, "dei_DocumentFiscalYearFocus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.", "label": "Document Fiscal Year Focus", "terseLabel": "Document Fiscal Year Focus" } } }, "localname": "DocumentFiscalYearFocus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "gYearItemType" }, "dei_DocumentInformationLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Document Information [Line Items]", "terseLabel": "Document Information [Line Items]" } } }, "localname": "DocumentInformationLineItems", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "stringItemType" }, "dei_DocumentInformationTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Container to support the formal attachment of each official or unofficial, public or private document as part of a submission package.", "label": "Document Information [Table]", "terseLabel": "Document Information [Table]" } } }, "localname": "DocumentInformationTable", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "dateItemType" }, "dei_DocumentQuarterlyReport": { "auth_ref": [ "r291" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true only for a form used as an quarterly report.", "label": "Document Quarterly Report", "terseLabel": "Document Quarterly Report" } } }, "localname": "DocumentQuarterlyReport", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_DocumentTransitionReport": { "auth_ref": [ "r292" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true only for a form used as a transition report.", "label": "Document Transition Report", "terseLabel": "Document Transition Report" } } }, "localname": "DocumentTransitionReport", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address, Address Line Two", "terseLabel": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r293" ], "lang": { "en-US": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityCommonStockSharesOutstanding": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.", "label": "Entity Common Stock, Shares Outstanding", "terseLabel": "Entity Common Stock, Shares Outstanding" } } }, "localname": "EntityCommonStockSharesOutstanding", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "sharesItemType" }, "dei_EntityCurrentReportingStatus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Current Reporting Status", "terseLabel": "Entity Current Reporting Status" } } }, "localname": "EntityCurrentReportingStatus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "yesNoItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r293" ], "lang": { "en-US": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "fileNumberItemType" }, "dei_EntityFilerCategory": { "auth_ref": [ "r293" ], "lang": { "en-US": { "role": { "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Filer Category", "terseLabel": "Entity Filer Category" } } }, "localname": "EntityFilerCategory", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "filerCategoryItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code", "terseLabel": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityInteractiveDataCurrent": { "auth_ref": [ "r294" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).", "label": "Entity Interactive Data Current", "terseLabel": "Entity Interactive Data Current" } } }, "localname": "EntityInteractiveDataCurrent", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "yesNoItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r293" ], "lang": { "en-US": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityShellCompany": { "auth_ref": [ "r293" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.", "label": "Entity Shell Company", "terseLabel": "Entity Shell Company" } } }, "localname": "EntityShellCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntitySmallBusiness": { "auth_ref": [ "r293" ], "lang": { "en-US": { "role": { "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).", "label": "Entity Small Business", "terseLabel": "Entity Small Business" } } }, "localname": "EntitySmallBusiness", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r293" ], "lang": { "en-US": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r289" ], "lang": { "en-US": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security", "terseLabel": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r290" ], "lang": { "en-US": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "tradingSymbolItemType" }, "dx_AgencyMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Issued by a government-sponsored entity (GSE).", "label": "Agency [Member]", "terseLabel": "Agency" } } }, "localname": "AgencyMember", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails" ], "xbrltype": "domainItemType" }, "dx_BorrowingsAgainstSecuritiesSoldUnsettled": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of borrowings for which securities sold but unsettled at the reporting date were pledged as collateral.", "label": "Borrowings against securities sold, unsettled", "terseLabel": "Borrowings against securities sold, unsettled" } } }, "localname": "BorrowingsAgainstSecuritiesSoldUnsettled", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails" ], "xbrltype": "monetaryItemType" }, "dx_Borrowingsoutstandingwithcounterparty": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount represents the total debt outstanding with named counterparty when the amount of equity at risk with that counterparty exceeds 10% of the Company's shareholders' equity.", "label": "Borrowings outstanding with counterparty", "terseLabel": "Borrowings outstanding with counterparty" } } }, "localname": "Borrowingsoutstandingwithcounterparty", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails" ], "xbrltype": "monetaryItemType" }, "dx_CostBasisTBA": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Represents the forward price to be paid for the underlying security as if settled.", "label": "Cost Basis,TBA", "negatedTerseLabel": "Cost Basis,TBA" } } }, "localname": "CostBasisTBA", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "dx_DerivativeInstrumentMaturityScheduleAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Derivative Instrument Maturity Schedule [Axis]", "label": "Derivative Instrument Maturity Schedule [Axis]", "terseLabel": "Derivative Instrument Maturity Schedule [Axis]" } } }, "localname": "DerivativeInstrumentMaturityScheduleAxis", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails" ], "xbrltype": "stringItemType" }, "dx_DerivativeInstrumentMaturityScheduleDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Derivative Instrument Maturity Schedule [Domain]", "label": "Derivative Instrument Maturity Schedule [Domain]", "terseLabel": "Derivative Instrument Maturity Schedule [Domain]" } } }, "localname": "DerivativeInstrumentMaturityScheduleDomain", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails" ], "xbrltype": "domainItemType" }, "dx_Derivativeinstrumentcostbasis": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cost basis of the derivative instruments when contract was entered into.", "label": "Derivative instrument, cost basis", "terseLabel": "Derivative instrument, cost basis" } } }, "localname": "Derivativeinstrumentcostbasis", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails" ], "xbrltype": "monetaryItemType" }, "dx_DocumentInformationAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Document Information [Abstract]", "label": "Document Information [Abstract]", "terseLabel": "Document Information [Abstract]" } } }, "localname": "DocumentInformationAbstract", "nsuri": "http://www.dynexcapital.com/20200331", "xbrltype": "stringItemType" }, "dx_ImpactOfCOVID19TextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Impact of COVID-19", "label": "Impact of COVID-19 [Text Block]", "terseLabel": "Impact of COVID-19" } } }, "localname": "ImpactOfCOVID19TextBlock", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesNotes" ], "xbrltype": "textBlockItemType" }, "dx_InvestmentsUnamortizedPremiumDiscount": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The remaining amount of investment premium (discount), net, originally recognized at the purchase date of the instruments that has yet to be amortized (accreted) into earnings.", "label": "Investments, Unamortized Premium (Discount)", "terseLabel": "Investments, Unamortized Premium (Discount)" } } }, "localname": "InvestmentsUnamortizedPremiumDiscount", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "dx_JPMorganMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "JP Morgan", "label": "JP Morgan [Member]", "terseLabel": "JP Morgan" } } }, "localname": "JPMorganMember", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails" ], "xbrltype": "domainItemType" }, "dx_MarketvalueTBA": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Represents the current estimated fair value of the security underlying the forward contract.", "label": "Market value, TBA", "negatedTerseLabel": "Market value, TBA" } } }, "localname": "MarketvalueTBA", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "dx_Maturitybetween3and6yearsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Maturity greater than 3 years and less than or equal to 6 years", "label": "Maturity between 3 and 6 years [Member]", "terseLabel": "Maturity between 3 and 6 years" } } }, "localname": "Maturitybetween3and6yearsMember", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails" ], "xbrltype": "domainItemType" }, "dx_Maturitybetween6and10yearsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Maturity greater than 6 years and less than or equal to 10 years", "label": "Maturity between 6 and 10 years [Member]", "terseLabel": "Maturity between 6 and 10 years" } } }, "localname": "Maturitybetween6and10yearsMember", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails" ], "xbrltype": "domainItemType" }, "dx_Maturitygreaterthan10yearsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Maturity greater than 10 years [Member]", "label": "Maturity greater than 10 years [Member]", "terseLabel": "Maturity greater than 10 years [Member]" } } }, "localname": "Maturitygreaterthan10yearsMember", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails" ], "xbrltype": "domainItemType" }, "dx_MaturityinthreeyearsorlessMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Maturity in three years or less", "label": "Maturity in three years or less [Member]", "terseLabel": "Maturity in three years or less" } } }, "localname": "MaturityinthreeyearsorlessMember", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails" ], "xbrltype": "domainItemType" }, "dx_NetcarryingvalueTBA": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Represents the difference between the market value and the cost basis of the TBA contract and is the net amount at which the TBA position is recorded on balance sheet as derivative asset (liability).", "label": "Net carrying value, TBA", "negatedTerseLabel": "Net carrying value, TBA" } } }, "localname": "NetcarryingvalueTBA", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "dx_NonAgencyMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Issued by a private entity and not a government sponsored entity.", "label": "Non-Agency [Member]", "terseLabel": "Non-Agency" } } }, "localname": "NonAgencyMember", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails" ], "xbrltype": "domainItemType" }, "dx_NotionalAmountofDerivativeInstrumentsAdded": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Aggregate notional amount entered into in the period specified by the derivative(s). Expressed as an absolute value.", "label": "Notional Amount of Derivative Instruments Added", "negatedTerseLabel": "Notional Amount of Derivative Instruments Added" } } }, "localname": "NotionalAmountofDerivativeInstrumentsAdded", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails" ], "xbrltype": "monetaryItemType" }, "dx_NotionalAmountofDerivativeInstrumentsMaturingSettledTerminatedorPairedOff": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Notional amount of derivative instrument maturing, settled, terminated, or paired-off during the period.", "label": "Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off", "negatedTerseLabel": "Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off" } } }, "localname": "NotionalAmountofDerivativeInstrumentsMaturingSettledTerminatedorPairedOff", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails" ], "xbrltype": "monetaryItemType" }, "dx_Notionalbalanceforinterestonlysecurities": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Notional balance for interest only securities owned by the Company. Interest only securities represent the right to receive excess interest payments, and not principal cash flows, based on the underlying unpaid principal balance (ie, notional) of the underlying pool of mortgage loans.", "label": "Notional balance for interest only securities", "terseLabel": "Notional balance for interest only securities" } } }, "localname": "Notionalbalanceforinterestonlysecurities", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "dx_NumberOfCounterpartiesBorrowingAvailability": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of counterparties with whom the Company has borrowing agreements.", "label": "Number of Counterparties, Borrowing Availability", "terseLabel": "Available Repurchase Agreement Counterparties" } } }, "localname": "NumberOfCounterpartiesBorrowingAvailability", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails" ], "xbrltype": "integerItemType" }, "dx_NumberOfCounterpartiesBorrowingsOutstanding": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of lending counterparties with whom the Company has amounts outstanding as of reporting period.", "label": "Number of Counterparties, Borrowings Outstanding", "terseLabel": "Number of Counterparties with Borrowings Outstanding" } } }, "localname": "NumberOfCounterpartiesBorrowingsOutstanding", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails" ], "xbrltype": "integerItemType" }, "dx_Originaltermtomaturity": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The length of time measured in days between the original date a repurchase agreement amount was borrowed and its maturity (or interest rate reset) date.", "label": "Original term to maturity", "terseLabel": "WAVG Original Term to Maturity" } } }, "localname": "Originaltermtomaturity", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsRemainingTermtoMaturityDetails" ], "xbrltype": "integerItemType" }, "dx_Parvalueofavailableforsaledebtsecurity": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Par value of available for sale debt security", "label": "Par value of available for sale debt security", "terseLabel": "Par value of available for sale debt security" } } }, "localname": "Parvalueofavailableforsaledebtsecurity", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "dx_SecuritiesSoldUnsettledAtAmortizedCost": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amortized cost of securities sold prior to reporting date which settled after reporting date.", "label": "Securities sold, unsettled, at amortized cost", "terseLabel": "Securities sold, unsettled, at amortized cost" } } }, "localname": "SecuritiesSoldUnsettledAtAmortizedCost", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "dx_TypeofIssuerAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Whether issued by a GSE or private issuer", "label": "Type of Issuer [Axis]", "terseLabel": "Type of Issuer [Axis]" } } }, "localname": "TypeofIssuerAxis", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails" ], "xbrltype": "stringItemType" }, "dx_TypeofIssuerDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "[Domain] for Whether issued by a GSE or private issuer", "label": "Type of Issuer [Domain]", "terseLabel": "Type of Issuer [Domain]" } } }, "localname": "TypeofIssuerDomain", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails" ], "xbrltype": "domainItemType" }, "dx_Variationmargin": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount received or paid as legal settlement of derivatives centrally cleared through an exchange as opposed to a pledge of collateral.", "label": "Variation margin", "terseLabel": "Variation margin" } } }, "localname": "Variationmargin", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails" ], "xbrltype": "monetaryItemType" }, "dx_WAVGInterestRateForAmountOutstandingWithNamedCounterparty": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "WAVG interest rate for amounts outstanding with a particular counterparty or group of related counterparties", "label": "WAVG interest rate for amount outstanding with named counterparty", "terseLabel": "WAVG interest rate for amount outstanding with named counterparty" } } }, "localname": "WAVGInterestRateForAmountOutstandingWithNamedCounterparty", "nsuri": "http://www.dynexcapital.com/20200331", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails" ], "xbrltype": "percentItemType" }, "srt_CounterpartyNameAxis": { "auth_ref": [ "r28", "r79", "r295" ], "lang": { "en-US": { "role": { "documentation": "Information by name of counterparty. A counterparty is the other party that participates in a financial transaction. Examples include, but not limited to, the name of the financial institution.", "label": "Counterparty Name [Axis]", "terseLabel": "Counterparty Name [Axis]" } } }, "localname": "CounterpartyNameAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails" ], "xbrltype": "stringItemType" }, "srt_PayablesToBrokerDealersAndClearingOrganizations": { "auth_ref": [ "r296" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount payable to other broker-dealer and clearing organization, including, but not limited to, security failed-to-receive, deposit received for security loaned, open transaction, and floor-brokerage payable.", "label": "Broker-Dealer, Payable to Other Broker-Dealer and Clearing Organization", "terseLabel": "Payable for unsettled securities", "verboseLabel": "Payable for unsettled securities" } } }, "localname": "PayablesToBrokerDealersAndClearingOrganizations", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets", "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails" ], "xbrltype": "monetaryItemType" }, "srt_RepurchaseAgreementCounterpartyNameDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Named other party that participates in a financial transaction. Examples include, but not limited to, the name of the financial institution.", "label": "Counterparty Name [Domain]", "terseLabel": "Counterparty Name [Domain]" } } }, "localname": "RepurchaseAgreementCounterpartyNameDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails" ], "xbrltype": "domainItemType" }, "srt_ScenarioUnspecifiedDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Scenario reported, distinguishing information from actual fact. Includes, but is not limited to, pro forma and forecast. Excludes actual facts.", "label": "Scenario [Domain]", "terseLabel": "Scenario [Domain]" } } }, "localname": "ScenarioUnspecifiedDomain", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "domainItemType" }, "srt_StatementScenarioAxis": { "auth_ref": [ "r139", "r240" ], "lang": { "en-US": { "role": { "documentation": "Information by scenario reported, distinguishing information from actual fact. Includes, but is not limited to, pro forma and forecast. Excludes actual facts.", "label": "Scenario [Axis]", "terseLabel": "Scenario [Axis]" } } }, "localname": "StatementScenarioAxis", "nsuri": "http://fasb.org/srt/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_AccountingPoliciesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Accounting Policies [Abstract]", "terseLabel": "Accounting Policies [Abstract]" } } }, "localname": "AccountingPoliciesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_AccumulatedDistributionsInExcessOfNetIncomeMember": { "auth_ref": [ "r283" ], "lang": { "en-US": { "role": { "documentation": "Cumulative distributions to shareholders (or partners) in excess of retained earnings (or accumulated earnings).", "label": "Accumulated Distributions in Excess of Net Income [Member]", "terseLabel": "Accumulated Deficit" } } }, "localname": "AccumulatedDistributionsInExcessOfNetIncomeMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "domainItemType" }, "us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax": { "auth_ref": [ "r34", "r35", "r36" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.", "label": "Accumulated Other Comprehensive Income (Loss), Net of Tax", "terseLabel": "Accumulated other comprehensive income" } } }, "localname": "AccumulatedOtherComprehensiveIncomeLossNetOfTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccumulatedOtherComprehensiveIncomeMember": { "auth_ref": [ "r33", "r36", "r39", "r185" ], "lang": { "en-US": { "role": { "documentation": "Accumulated increase (decrease) in equity from transactions and other events and circumstances from non-owner sources, attributable to the parent. Excludes net income (loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners.", "label": "AOCI Attributable to Parent [Member]", "terseLabel": "Accumulated Other Comprehensive Income (Loss)" } } }, "localname": "AccumulatedOtherComprehensiveIncomeMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "domainItemType" }, "us-gaap_AdditionalPaidInCapitalCommonStock": { "auth_ref": [ "r9" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.", "label": "Additional Paid in Capital, Common Stock", "terseLabel": "Additional paid-in capital" } } }, "localname": "AdditionalPaidInCapitalCommonStock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdditionalPaidInCapitalMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders.", "label": "Additional Paid-in Capital [Member]", "terseLabel": "Additional Paid-in Capital" } } }, "localname": "AdditionalPaidInCapitalMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "domainItemType" }, "us-gaap_AdjustmentForAmortization": { "auth_ref": [ "r69", "r135" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 7.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives.", "label": "Amortization", "terseLabel": "Amortization of investment premiums, net" } } }, "localname": "AdjustmentForAmortization", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of decrease to equity for grantee's tax withholding obligation for award under share-based payment arrangement.", "label": "Share-based Payment Arrangement, Decrease for Tax Withholding Obligation", "negatedTerseLabel": "Adjustments for tax withholding on share-based compensation" } } }, "localname": "AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts": { "auth_ref": [ "r151", "r159" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of decrease in additional paid in capital (APIC) resulting from direct costs associated with issuing stock. Includes, but is not limited to, legal and accounting fees and direct costs associated with stock issues under a shelf registration.", "label": "Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs", "negatedTerseLabel": "Stock issuance costs", "terseLabel": "Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs" } } }, "localname": "AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement", "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]", "terseLabel": "Adjustments to reconcile net loss to cash provided by operating activities:" } } }, "localname": "AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_Assets": { "auth_ref": [ "r109", "r260", "r276" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.", "label": "Assets", "totalLabel": "Total assets" } } }, "localname": "Assets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Assets [Abstract]", "terseLabel": "Assets [Abstract]" } } }, "localname": "AssetsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_AssetsAndAssociatedLiabilitiesOfTransfersAccountedForAsSecuredBorrowingsLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]", "terseLabel": "Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]" } } }, "localname": "AssetsAndAssociatedLiabilitiesOfTransfersAccountedForAsSecuredBorrowingsLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsRemainingTermtoMaturityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AssetsFairValueDisclosure": { "auth_ref": [ "r223" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.", "label": "Assets, Fair Value Disclosure", "terseLabel": "Assets, Fair Value Disclosure" } } }, "localname": "AssetsFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts": { "auth_ref": [ "r83" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Carrying amount of assets sold under agreements to repurchase when the carrying amount (or market value, if higher than the carrying amount) of securities or other assets sold under repurchase agreements exceeds 10 percent of total assets.", "label": "Assets Sold under Agreements to Repurchase, Carrying Amount", "terseLabel": "Fair Value of Collateral Pledged" } } }, "localname": "AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsSoldUnderAgreementsToRepurchaseInterestRate": { "auth_ref": [ "r84" ], "lang": { "en-US": { "role": { "documentation": "Interest rate on the amount to be repaid to the counterparty to the repurchase agreement when the carrying amount (or market value, if higher than the carrying amount) of securities or other assets sold under the repurchase agreement exceeds 10 percent of total assets.", "label": "Assets Sold under Agreements to Repurchase, Interest Rate", "terseLabel": "Weighted Average Rate", "verboseLabel": "Assets Sold under Agreements to Repurchase, Interest Rate" } } }, "localname": "AssetsSoldUnderAgreementsToRepurchaseInterestRate", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsRemainingTermtoMaturityDetails" ], "xbrltype": "percentItemType" }, "us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain": { "auth_ref": [ "r85", "r251" ], "lang": { "en-US": { "role": { "documentation": "Maturity period remaining for repurchase agreements and similar transactions, for example, but not limited to, securities lending arrangements. Element name and standard label in Maturity [numeric lower end] to [numeric higher end] [date measure] [Member] or Maturity Greater Than [low end numeric value] [date measure] [Member] or Maturity Less Than [high end numeric value] [date measure] [Member] formats.", "label": "Repurchase Agreements and Similar Transactions, Maturity Periods [Domain]", "terseLabel": "Repurchase Agreements and Similar Transactions, Maturity Periods [Domain]" } } }, "localname": "AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsRemainingTermtoMaturityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis": { "auth_ref": [ "r85", "r251" ], "lang": { "en-US": { "role": { "documentation": "Information by maturity period remaining for repurchase agreements and similar transactions, for example, but not limited to, securities lending arrangements. Element name and standard label in Maturity [numeric lower end] to [numeric higher end] [date measure] [Member] or Maturity Greater Than [low end numeric value] [date measure] [Member] or Maturity Less Than [high end numeric value] [date measure] [Member] formats.", "label": "Repurchase Agreements and Similar Transactions, Maturity Periods [Axis]", "terseLabel": "Repurchase Agreements and Similar Transactions, Maturity Periods [Axis]" } } }, "localname": "AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsRemainingTermtoMaturityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability": { "auth_ref": [ "r84" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount to be repaid to the counterparty to the repurchase agreement when the carrying amount (or market value, if higher than the carrying amount) of securities or other assets sold under the repurchase agreement exceeds 10 percent of total assets.", "label": "Assets Sold under Agreements to Repurchase, Repurchase Liability", "terseLabel": "Assets Sold under Agreements to Repurchase, Repurchase Liability" } } }, "localname": "AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsRemainingTermtoMaturityDetails", "http://www.dynexcapital.com/role/SubsequentEventsSubsequentEventsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax": { "auth_ref": [ "r117" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, before tax, of unrealized gain in accumulated other comprehensive income (AOCI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax", "terseLabel": "Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax" } } }, "localname": "AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax": { "auth_ref": [ "r118" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount, before tax, of unrealized loss in accumulated other comprehensive income (AOCI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax", "negatedTerseLabel": "Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax" } } }, "localname": "AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis": { "auth_ref": [ "r115", "r130" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Debt Securities, Available-for-sale, Amortized Cost", "terseLabel": "Debt Securities, Available-for-sale, Amortized Cost" } } }, "localname": "AvailableForSaleDebtSecuritiesAmortizedCostBasis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails", "http://www.dynexcapital.com/role/SubsequentEventsSubsequentEventsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of accumulated unrealized loss on investments in debt and equity securities classified as available-for-sale that have been in a continuous loss position for twelve months or longer.", "label": "Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss", "terseLabel": "Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss" } } }, "localname": "AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of accumulated unrealized loss on investments in debt and equity securities classified as available-for-sale that have been in a continuous loss position for less than twelve months.", "label": "Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss", "terseLabel": "Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss" } } }, "localname": "AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "This item represents the aggregate fair value of investments in debt and equity securities categorized neither as held-to-maturity nor trading securities that have been in a continuous unrealized loss position for less than twelve months.", "label": "Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value", "terseLabel": "Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value" } } }, "localname": "AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "This item represents the aggregate fair value of investments in debt and equity securities categorized neither as held-to-maturity nor trading securities that have been in a continuous unrealized loss position for twelve months or longer.", "label": "Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value", "terseLabel": "Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value" } } }, "localname": "AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesDebtSecurities": { "auth_ref": [ "r112", "r116", "r130" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Debt Securities, Available-for-sale", "terseLabel": "Debt Securities, Available-for-sale" } } }, "localname": "AvailableForSaleSecuritiesDebtSecurities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails", "http://www.dynexcapital.com/role/SubsequentEventsSubsequentEventsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of investment positions in available-for-sale investments in a continuous unrealized loss position for less than one year or normal operating cycle, if longer, for which an other-than-temporary impairment (OTTI) has not been recognized in the income statement.", "label": "Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year", "terseLabel": "Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year" } } }, "localname": "AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "integerItemType" }, "us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of investment positions in available-for-sale investments that have been in a continuous unrealized loss position for greater than or equal to a year for which an other-than-temporary impairment (OTTI) has not been recognized in the income statement.", "label": "Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year", "terseLabel": "Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year" } } }, "localname": "AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "integerItemType" }, "us-gaap_AwardTypeAxis": { "auth_ref": [ "r165", "r174" ], "lang": { "en-US": { "role": { "documentation": "Information by type of award under share-based payment arrangement.", "label": "Award Type [Axis]", "terseLabel": "Award Type [Axis]" } } }, "localname": "AwardTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_BasisOfAccountingPolicyPolicyTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).", "label": "Basis of Accounting, Policy [Policy Text Block]", "terseLabel": "Basis of Presentation [Policy Text Block]" } } }, "localname": "BasisOfAccountingPolicyPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_CashAndCashEquivalentsAtCarryingValue": { "auth_ref": [ "r0", "r12", "r71" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_Assets", "weight": 1.0 }, "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesDetails": { "order": 1.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.", "label": "Cash and Cash Equivalents, at Carrying Value", "terseLabel": "Cash and cash equivalents" } } }, "localname": "CashAndCashEquivalentsAtCarryingValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets", "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy": { "auth_ref": [ "r1", "r72", "r76", "r259" ], "lang": { "en-US": { "role": { "documentation": "Entity's cash and cash equivalents accounting policy with respect to restricted balances. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits.", "label": "Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]", "terseLabel": "Restricted Cash [Policy Text Block]" } } }, "localname": "CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_CashAndCashEquivalentsUnrestrictedCashAndCashEquivalentsPolicy": { "auth_ref": [ "r72", "r76" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for cash and cash equivalents with respect to unrestricted balances.", "label": "Cash and Cash Equivalents, Unrestricted Cash and Cash Equivalents, Policy [Policy Text Block]", "terseLabel": "Cash and Cash Equivalents [Policy Text Block]" } } }, "localname": "CashAndCashEquivalentsUnrestrictedCashAndCashEquivalentsPolicy", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents": { "auth_ref": [ "r65", "r71", "r75" ], "calculation": { "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents", "periodEndLabel": "Cash, cash equivalents, and restricted cash at end of period", "periodStartLabel": "Cash, cash equivalents, and restricted cash at beginning of period", "totalLabel": "Total cash, cash equivalents, and restricted cash shown on consolidated statement of cash flows" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows", "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect": { "auth_ref": [ "r65", "r236" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) in cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; excluding effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect", "totalLabel": "Net (decrease) increase in cash, cash equivalents, and restricted cash" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ClassOfStockDisclosuresAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Class of Stock Disclosures [Abstract]", "terseLabel": "Class of Stock Disclosures [Abstract]" } } }, "localname": "ClassOfStockDisclosuresAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ClassOfStockDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Share of stock differentiated by the voting rights the holder receives. Examples include, but are not limited to, common stock, redeemable preferred stock, nonredeemable preferred stock, and convertible stock.", "label": "Class of Stock [Domain]", "terseLabel": "Class of Stock [Domain]" } } }, "localname": "ClassOfStockDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets", "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails", "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome", "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation", "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ClassOfStockLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Class of Stock [Line Items]", "terseLabel": "Class of Stock [Line Items]" } } }, "localname": "ClassOfStockLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_CommercialMortgageBackedSecuritiesMember": { "auth_ref": [ "r119", "r161" ], "lang": { "en-US": { "role": { "documentation": "Securities collateralized by commercial real estate mortgage loans.", "label": "Commercial Mortgage Backed Securities [Member]", "terseLabel": "Commercial Mortgage Backed Securities" } } }, "localname": "CommercialMortgageBackedSecuritiesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails", "http://www.dynexcapital.com/role/SubsequentEventsSubsequentEventsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CommitmentsAndContingenciesDisclosureAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Commitments and Contingencies Disclosure [Abstract]" } } }, "localname": "CommitmentsAndContingenciesDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_CommitmentsAndContingenciesPolicyTextBlock": { "auth_ref": [ "r76", "r146", "r286", "r287" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for commitments and contingencies, which may include policies for recognizing and measuring loss and gain contingencies.", "label": "Commitments and Contingencies, Policy [Policy Text Block]", "terseLabel": "Contingencies [Policy Text Block]" } } }, "localname": "CommitmentsAndContingenciesPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_CommonStockDividendsPerShareDeclared": { "auth_ref": [ "r159" ], "lang": { "en-US": { "role": { "documentation": "Aggregate dividends declared during the period for each share of common stock outstanding.", "label": "Common Stock, Dividends, Per Share, Declared", "terseLabel": "Common Stock, Dividends, Per Share, Declared" } } }, "localname": "CommonStockDividendsPerShareDeclared", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_CommonStockMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Stock that is subordinate to all other stock of the issuer.", "label": "Common Stock [Member]", "terseLabel": "Common Stock" } } }, "localname": "CommonStockMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement", "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation", "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CommonStockParOrStatedValuePerShare": { "auth_ref": [ "r8" ], "lang": { "en-US": { "role": { "documentation": "Face amount or stated value per share of common stock.", "label": "Common Stock, Par or Stated Value Per Share", "terseLabel": "Common Stock, Par or Stated Value Per Share" } } }, "localname": "CommonStockParOrStatedValuePerShare", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails", "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation" ], "xbrltype": "perShareItemType" }, "us-gaap_CommonStockSharesAuthorized": { "auth_ref": [ "r8" ], "lang": { "en-US": { "role": { "documentation": "The maximum number of common shares permitted to be issued by an entity's charter and bylaws.", "label": "Common Stock, Shares Authorized", "terseLabel": "Common Stock, Shares Authorized" } } }, "localname": "CommonStockSharesAuthorized", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockSharesIssued": { "auth_ref": [ "r8" ], "lang": { "en-US": { "role": { "documentation": "Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.", "label": "Common Stock, Shares, Issued", "terseLabel": "Common Stock, Shares, Issued" } } }, "localname": "CommonStockSharesIssued", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockSharesOutstanding": { "auth_ref": [ "r8", "r151" ], "lang": { "en-US": { "role": { "documentation": "Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.", "label": "Common Stock, Shares, Outstanding", "periodEndLabel": "Balance, Common shares outstanding", "periodStartLabel": "Balance, Common shares outstanding", "terseLabel": "Common Stock, Shares, Outstanding" } } }, "localname": "CommonStockSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails", "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockValueOutstanding": { "auth_ref": [ "r8" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Value of all classes of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares exclude common shares repurchased by the entity and held as treasury shares.", "label": "Common Stock, Value, Outstanding", "terseLabel": "Common stock, par value $0.01 per share, 90,000,000 shares authorized; 22,981,978 and 22,945,993 shares issued and outstanding, respectively" } } }, "localname": "CommonStockValueOutstanding", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ComprehensiveIncomeNetOfTax": { "auth_ref": [ "r42", "r44", "r45" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.", "label": "Comprehensive Income (Loss), Net of Tax, Attributable to Parent", "totalLabel": "Comprehensive (loss) income to common shareholders" } } }, "localname": "ComprehensiveIncomeNetOfTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy": { "auth_ref": [ "r76", "r77", "r184", "r187", "r188", "r189" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for subsidiaries or other investments that are consolidated, including the accounting treatment for intercompany accounts or transactions and any noncontrolling interest.", "label": "Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block]", "terseLabel": "Consolidation [Policy Text Block]" } } }, "localname": "ConsolidationSubsidiariesOrOtherInvestmentsConsolidatedEntitiesPolicy", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax of increase (decrease) to equity or (increase) decrease to net assets, resulting from the cumulative effect adjustment of a new accounting principle applied in the period of adoption.", "label": "Cumulative Effect of New Accounting Principle in Period of Adoption", "terseLabel": "Cumulative Effect of New Accounting Principle in Period of Adoption" } } }, "localname": "CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtAndEquitySecuritiesRealizedGainLoss": { "auth_ref": [], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 5.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of realized gain (loss) on investment in debt and equity securities.", "label": "Debt and Equity Securities, Realized Gain (Loss)", "negatedTerseLabel": "Gain on sale of investments, net" } } }, "localname": "DebtAndEquitySecuritiesRealizedGainLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtSecuritiesAvailableForSaleRealizedGain": { "auth_ref": [ "r121" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of realized gain on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Debt Securities, Available-for-sale, Realized Gain", "terseLabel": "Debt Securities, Available-for-sale, Realized Gain" } } }, "localname": "DebtSecuritiesAvailableForSaleRealizedGain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtSecuritiesAvailableForSaleRealizedGainLoss": { "auth_ref": [ "r121" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of realized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Debt Securities, Available-for-sale, Realized Gain (Loss)", "terseLabel": "Debt Securities, Available-for-sale, Realized Gain (Loss)" } } }, "localname": "DebtSecuritiesAvailableForSaleRealizedGainLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtSecuritiesAvailableForSaleRealizedLoss": { "auth_ref": [ "r121" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of realized loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Debt Securities, Available-for-sale, Realized Loss", "negatedTerseLabel": "Debt Securities, Available-for-sale, Realized Loss" } } }, "localname": "DebtSecuritiesAvailableForSaleRealizedLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock": { "auth_ref": [ "r123" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Debt Securities, Available-for-sale [Table Text Block]", "terseLabel": "Debt Securities, Available-for-sale [Table Text Block]" } } }, "localname": "DebtSecuritiesAvailableForSaleTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock": { "auth_ref": [ "r120", "r131", "r134" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset.", "label": "Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value [Table Text Block]", "terseLabel": "Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value [Table Text Block]" } } }, "localname": "DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_DebtSecuritiesRealizedGainLoss": { "auth_ref": [], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 3.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of realized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), investment in debt security measured at amortized cost (held-to-maturity) and investment in debt security measured at fair value with change in fair value recognized in net income (trading).", "label": "Debt Securities, Realized Gain (Loss)", "terseLabel": "Gain on sale of investments, net" } } }, "localname": "DebtSecuritiesRealizedGainLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeAssetNotionalAmount": { "auth_ref": [ "r192", "r193", "r195" ], "lang": { "en-US": { "role": { "documentation": "Nominal or face amount used to calculate payments on the derivative asset.", "label": "Derivative Asset, Notional Amount", "periodEndLabel": "Derivative Asset, Notional Amount", "periodStartLabel": "Derivative Asset, Notional Amount", "terseLabel": "Derivative Asset, Notional Amount" } } }, "localname": "DerivativeAssetNotionalAmount", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeAssets": { "auth_ref": [ "r21", "r26", "r235" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset.", "label": "Derivative Asset", "terseLabel": "Derivative assets", "verboseLabel": "Derivative asset" } } }, "localname": "DerivativeAssets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeAverageFixedInterestRate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Average fixed interest rate related to the group of interest rate derivatives.", "label": "Derivative, Average Fixed Interest Rate", "terseLabel": "Derivative, Average Fixed Interest Rate" } } }, "localname": "DerivativeAverageFixedInterestRate", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails" ], "xbrltype": "percentItemType" }, "us-gaap_DerivativeAverageRemainingMaturity1": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Average remaining period until maturity of the derivative contract, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.", "label": "Derivative, Average Remaining Maturity", "terseLabel": "Derivative, Average Remaining Maturity" } } }, "localname": "DerivativeAverageRemainingMaturity1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails" ], "xbrltype": "durationItemType" }, "us-gaap_DerivativeCollateralObligationToReturnCash": { "auth_ref": [ "r22", "r27", "r217" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of obligation to return cash collateral under master netting arrangements that have not been offset against derivative assets.", "label": "Derivative, Collateral, Obligation to Return Cash", "terseLabel": "Derivative, Collateral, Obligation to Return Cash" } } }, "localname": "DerivativeCollateralObligationToReturnCash", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeCollateralObligationToReturnSecurities": { "auth_ref": [ "r22", "r27" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of obligation to return securities collateral under master netting arrangements that have not been offset against derivative assets.", "label": "Derivative, Collateral, Obligation to Return Securities", "negatedTerseLabel": "Derivative, Collateral, Obligation to Return Securities" } } }, "localname": "DerivativeCollateralObligationToReturnSecurities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeCollateralRightToReclaimCash": { "auth_ref": [ "r22", "r27", "r217" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of right to receive cash collateral under master netting arrangements that have not been offset against derivative liabilities.", "label": "Derivative, Collateral, Right to Reclaim Cash", "terseLabel": "Derivative, Collateral, Right to Reclaim Cash" } } }, "localname": "DerivativeCollateralRightToReclaimCash", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeCollateralRightToReclaimSecurities": { "auth_ref": [ "r22", "r27" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of right to receive securities collateral under master netting arrangements that have not been offset against derivative liabilities.", "label": "Derivative, Collateral, Right to Reclaim Securities", "terseLabel": "Derivative, Collateral, Right to Reclaim Securities" } } }, "localname": "DerivativeCollateralRightToReclaimSecurities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeContractTypeDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Financial instrument or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset.", "label": "Derivative Contract [Domain]", "terseLabel": "Derivative, Name [Domain]", "verboseLabel": "Derivative Contract [Domain]" } } }, "localname": "DerivativeContractTypeDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails", "http://www.dynexcapital.com/role/DerivativesTables", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_DerivativeFairValueOfDerivativeAsset": { "auth_ref": [ "r19", "r29", "r202", "r247" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement.", "label": "Derivative Asset, Fair Value, Gross Asset", "terseLabel": "Derivative Asset, Fair Value, Gross Asset" } } }, "localname": "DerivativeFairValueOfDerivativeAsset", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral": { "auth_ref": [ "r21", "r26", "r31", "r218" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value, after offset of derivative liability, of financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, before offset against an obligation to return collateral under a master netting arrangement. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement.", "label": "Derivative Asset, Fair Value, Amount Not Offset Against Collateral", "terseLabel": "Derivative Asset, Fair Value, Amount Not Offset Against Collateral" } } }, "localname": "DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral": { "auth_ref": [ "r23", "r27", "r216" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value, after effects of master netting arrangements, of financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset offset against an obligation to return collateral. Includes assets not subject to a master netting arrangement and not elected to be offset.", "label": "Derivative Asset, Fair Value, Amount Offset Against Collateral", "terseLabel": "Derivative Asset, Fair Value, Amount Offset Against Collateral" } } }, "localname": "DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeFairValueOfDerivativeLiability": { "auth_ref": [ "r19", "r29", "r202", "r247" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement.", "label": "Derivative Liability, Fair Value, Gross Liability", "negatedTerseLabel": "Derivative Liability, Fair Value, Gross Liability", "terseLabel": "Derivative Liability, Fair Value, Gross Liability" } } }, "localname": "DerivativeFairValueOfDerivativeLiability", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral": { "auth_ref": [ "r21", "r26", "r31", "r218" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Fair value, after offset of derivative asset, of financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, elected not to be and before offset against a right to receive collateral under a master netting arrangement. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement.", "label": "Derivative Liability, Fair Value, Amount Not Offset Against Collateral", "negatedTerseLabel": "Derivative Liability, Fair Value, Amount Not Offset Against Collateral" } } }, "localname": "DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral": { "auth_ref": [ "r23", "r27", "r216" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Fair value, after effects of master netting arrangements, of financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset offset against the right to receive collateral. Includes liabilities not subject to a master netting arrangement and not elected to be offset.", "label": "Derivative Liability, Fair Value, Amount Offset Against Collateral", "negatedTerseLabel": "Derivative Liability, Fair Value, Amount Offset Against Collateral" } } }, "localname": "DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeInstrumentRiskAxis": { "auth_ref": [ "r201", "r203", "r207", "r211" ], "lang": { "en-US": { "role": { "documentation": "Information by type of derivative contract.", "label": "Derivative Instrument [Axis]", "terseLabel": "Derivative Instrument [Axis]" } } }, "localname": "DerivativeInstrumentRiskAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails", "http://www.dynexcapital.com/role/DerivativesTables", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Derivative Instruments and Hedging Activities Disclosure [Abstract]", "terseLabel": "Derivative Instruments and Hedging Activities Disclosure [Abstract]" } } }, "localname": "DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock": { "auth_ref": [ "r222" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.", "label": "Derivative Instruments and Hedging Activities Disclosure [Text Block]", "terseLabel": "Derivatives" } } }, "localname": "DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesNotes" ], "xbrltype": "textBlockItemType" }, "us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue": { "auth_ref": [ "r204" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value as of the balance sheet date of derivative instrument not designated as hedging instrument and classified as an asset.", "label": "Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value", "terseLabel": "Derivative assets, fair value", "verboseLabel": "Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value" } } }, "localname": "DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGain": { "auth_ref": [ "r206", "r208" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of realized and unrealized gain of derivative instruments not designated or qualifying as hedging instruments.", "label": "Derivative Instruments Not Designated as Hedging Instruments, Gain", "terseLabel": "Derivative Instruments Not Designated as Hedging Instruments, Gain" } } }, "localname": "DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet": { "auth_ref": [ "r206", "r208" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 2.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments.", "label": "Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net", "negatedLabel": "Loss on derivative instruments, net", "terseLabel": "Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net" } } }, "localname": "DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome", "http://www.dynexcapital.com/role/DerivativesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue": { "auth_ref": [ "r204" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Fair value as of the balance sheet date of derivative instrument not designated as hedging instrument and classified as a liability.", "label": "Derivative Instruments Not Designated as Hedging Instruments, Liability, at Fair Value", "negatedTerseLabel": "Derivative liabilities, fair value" } } }, "localname": "DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLoss": { "auth_ref": [ "r206", "r208" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of realized and unrealized loss of derivative instruments not designated or qualifying as hedging instruments.", "label": "Derivative Instruments Not Designated as Hedging Instruments, Loss", "negatedTerseLabel": "Derivative Instruments Not Designated as Hedging Instruments, Loss" } } }, "localname": "DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeLiabilities": { "auth_ref": [ "r21", "r26", "r235" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset.", "label": "Derivative Liability", "terseLabel": "Derivative liabilities", "verboseLabel": "Derivative liabilities" } } }, "localname": "DerivativeLiabilities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeLiabilityNotionalAmount": { "auth_ref": [ "r192", "r193", "r195" ], "lang": { "en-US": { "role": { "documentation": "Nominal or face amount used to calculate payments on the derivative liability.", "label": "Derivative Liability, Notional Amount", "periodEndLabel": "Derivative Liability, Notional Amount", "periodStartLabel": "Derivative Liability, Notional Amount", "terseLabel": "Derivative Liability, Notional Amount" } } }, "localname": "DerivativeLiabilityNotionalAmount", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Derivative [Line Items]", "terseLabel": "Derivative [Line Items]" } } }, "localname": "DerivativeLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails", "http://www.dynexcapital.com/role/DerivativesTables", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DerivativeTable": { "auth_ref": [ "r87", "r191", "r194", "r195", "r198", "r200", "r205", "r207", "r214", "r219", "r221" ], "lang": { "en-US": { "role": { "documentation": "Schedule that describes and identifies a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.", "label": "Derivative [Table]", "terseLabel": "Derivative [Table]" } } }, "localname": "DerivativeTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails", "http://www.dynexcapital.com/role/DerivativesTables", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DerivativesPolicyTextBlock": { "auth_ref": [ "r76", "r88", "r191", "r194", "r198", "r200", "r215" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for its derivative instruments and hedging activities.", "label": "Derivatives, Policy [Policy Text Block]", "terseLabel": "Derivative Instruments [Policy Text Block]" } } }, "localname": "DerivativesPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_DisclosureOfRepurchaseAgreementsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Disclosure of Repurchase Agreements [Abstract]", "terseLabel": "Disclosure of Repurchase Agreements [Abstract]" } } }, "localname": "DisclosureOfRepurchaseAgreementsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_DividendPayableDateToBePaidDayMonthAndYear": { "auth_ref": [ "r74" ], "lang": { "en-US": { "role": { "documentation": "Date the declared dividend will be paid, in CCYY-MM-DD format.", "label": "Dividends Payable, Date to be Paid", "terseLabel": "Dividends Payable, Date to be Paid" } } }, "localname": "DividendPayableDateToBePaidDayMonthAndYear", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "dateItemType" }, "us-gaap_DividendsCommonStockCash": { "auth_ref": [ "r159" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of paid and unpaid common stock dividends declared with the form of settlement in cash.", "label": "Dividends, Common Stock, Cash", "negatedTerseLabel": "Dividends on common stock" } } }, "localname": "DividendsCommonStockCash", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "monetaryItemType" }, "us-gaap_DividendsDeclaredTableTextBlock": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of information related to dividends declared, including paid and unpaid dividends.", "label": "Dividends Declared [Table Text Block]", "terseLabel": "Dividends Declared" } } }, "localname": "DividendsDeclaredTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_DividendsPayableCurrentAndNoncurrent": { "auth_ref": [ "r3", "r5", "r261", "r277" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Carrying value as of the balance sheet date of dividends declared but unpaid on equity securities issued by the entity and outstanding.", "label": "Dividends Payable", "terseLabel": "Accrued dividends payable" } } }, "localname": "DividendsPayableCurrentAndNoncurrent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DividendsPayableDateDeclaredDayMonthAndYear": { "auth_ref": [ "r74" ], "lang": { "en-US": { "role": { "documentation": "Date the dividend to be paid was declared, in CCYY-MM-DD format.", "label": "Dividends Payable, Date Declared", "terseLabel": "Dividends Payable, Date Declared, Month and Year" } } }, "localname": "DividendsPayableDateDeclaredDayMonthAndYear", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "dateItemType" }, "us-gaap_DividendsPayableDateOfRecordDayMonthAndYear": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Date the holder must own the stock to be entitled to the dividend, in CCYY-MM-DD format.", "label": "Dividends Payable, Date of Record", "terseLabel": "Dividends Payable, Date of Record" } } }, "localname": "DividendsPayableDateOfRecordDayMonthAndYear", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "dateItemType" }, "us-gaap_DividendsPreferredStockCash": { "auth_ref": [ "r159", "r273" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash.", "label": "Dividends, Preferred Stock, Cash", "negatedTerseLabel": "Dividends on preferred stock" } } }, "localname": "DividendsPreferredStockCash", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "monetaryItemType" }, "us-gaap_EarningsPerShareBasicAndDiluted": { "auth_ref": [ "r94" ], "lang": { "en-US": { "role": { "documentation": "The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.", "label": "Earnings Per Share, Basic and Diluted", "terseLabel": "Net loss per common share-basic and diluted" } } }, "localname": "EarningsPerShareBasicAndDiluted", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "perShareItemType" }, "us-gaap_EarningsPerSharePolicyTextBlock": { "auth_ref": [ "r76", "r95", "r96", "r97" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.", "label": "Earnings Per Share, Policy [Policy Text Block]", "terseLabel": "Earnings Per Share, Policy" } } }, "localname": "EarningsPerSharePolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1": { "auth_ref": [ "r173" ], "lang": { "en-US": { "role": { "documentation": "Weighted-average period over which cost not yet recognized is expected to be recognized for award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.", "label": "Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition", "terseLabel": "Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition" } } }, "localname": "EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "durationItemType" }, "us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions": { "auth_ref": [ "r173" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cost to be recognized for nonvested award under share-based payment arrangement. Excludes share and unit options.", "label": "Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount", "terseLabel": "Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount" } } }, "localname": "EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_EquityAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Equity [Abstract]", "terseLabel": "Equity [Abstract]" } } }, "localname": "EquityAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_EquityComponentDomain": { "auth_ref": [ "r151" ], "lang": { "en-US": { "role": { "documentation": "Components of equity are the parts of the total Equity balance including that which is allocated to common, preferred, treasury stock, retained earnings, etc.", "label": "Equity Component [Domain]", "terseLabel": "Equity Component [Domain]" } } }, "localname": "EquityComponentDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "domainItemType" }, "us-gaap_ExchangeTradedOptionsMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Contracts conveying rights, but not obligations, to buy or sell a specific or standard commodity, or financial or equity instrument, at a specified price during a specified period (an American option) or at a specified date (a European option), which are traded on a stock exchange.", "label": "Exchange Traded Options [Member]", "terseLabel": "Options on U.S. Treasury futures", "verboseLabel": "Options on U.S. Treasury futures" } } }, "localname": "ExchangeTradedOptionsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]", "terseLabel": "Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]" } } }, "localname": "FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable": { "auth_ref": [ "r223", "r224", "r225", "r233" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about asset and liability measured at fair value on recurring and nonrecurring basis.", "label": "Fair Value, Recurring and Nonrecurring [Table]", "terseLabel": "Fair Value, Recurring and Nonrecurring [Table]" } } }, "localname": "FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain": { "auth_ref": [ "r228" ], "lang": { "en-US": { "role": { "documentation": "Class of asset.", "label": "Asset Class [Domain]", "terseLabel": "Asset Class [Domain]" } } }, "localname": "FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]", "terseLabel": "Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]" } } }, "localname": "FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock": { "auth_ref": [ "r228", "r233" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.", "label": "Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]", "terseLabel": "Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation" } } }, "localname": "FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueByAssetClassAxis": { "auth_ref": [ "r223", "r233" ], "lang": { "en-US": { "role": { "documentation": "Information by class of asset.", "label": "Asset Class [Axis]", "terseLabel": "Asset Class [Axis]" } } }, "localname": "FairValueByAssetClassAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueByFairValueHierarchyLevelAxis": { "auth_ref": [ "r161", "r162", "r163", "r224", "r243" ], "lang": { "en-US": { "role": { "documentation": "Information by level within fair value hierarchy and fair value measured at net asset value per share as practical expedient.", "label": "Fair Value Hierarchy and NAV [Axis]", "terseLabel": "Fair Value Hierarchy and NAV [Axis]" } } }, "localname": "FairValueByFairValueHierarchyLevelAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueByMeasurementFrequencyAxis": { "auth_ref": [ "r223", "r224", "r226", "r227", "r234" ], "lang": { "en-US": { "role": { "documentation": "Information by measurement frequency.", "label": "Measurement Frequency [Axis]", "terseLabel": "Measurement Frequency [Axis]" } } }, "localname": "FairValueByMeasurementFrequencyAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueDisclosuresAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Fair Value Disclosures [Abstract]", "terseLabel": "Fair Value Disclosures [Abstract]" } } }, "localname": "FairValueDisclosuresAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_FairValueDisclosuresTextBlock": { "auth_ref": [ "r232" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.", "label": "Fair Value Disclosures [Text Block]", "terseLabel": "Fair Value of Financial Instruments", "verboseLabel": "Fair Value Disclosures" } } }, "localname": "FairValueDisclosuresTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsNotes", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueInputsLevel1Member": { "auth_ref": [ "r161", "r162", "r163", "r224", "r244" ], "lang": { "en-US": { "role": { "documentation": "Quoted prices in active markets for identical assets or liabilities that the reporting entity can access at the measurement date.", "label": "Fair Value, Inputs, Level 1 [Member]", "terseLabel": "Level 1" } } }, "localname": "FairValueInputsLevel1Member", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueInputsLevel2Member": { "auth_ref": [ "r161", "r162", "r163", "r224", "r245" ], "lang": { "en-US": { "role": { "documentation": "Inputs other than quoted prices included within level 1 that are observable for an asset or liability, either directly or indirectly, including, but not limited to, quoted prices for similar assets or liabilities in active markets, or quoted prices for identical or similar assets or liabilities in inactive markets.", "label": "Fair Value, Inputs, Level 2 [Member]", "terseLabel": "Level 2" } } }, "localname": "FairValueInputsLevel2Member", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueInputsLevel3Member": { "auth_ref": [ "r161", "r162", "r163", "r224", "r246" ], "lang": { "en-US": { "role": { "documentation": "Unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Inputs, Level 3 [Member]", "terseLabel": "Level 3" } } }, "localname": "FairValueInputsLevel3Member", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueMeasurementFrequencyDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Measurement frequency.", "label": "Measurement Frequency [Domain]", "terseLabel": "Measurement Frequency [Domain]" } } }, "localname": "FairValueMeasurementFrequencyDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1": { "auth_ref": [ "r229" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of gain (loss) recognized in income from asset measured at fair value on recurring basis using unobservable input (level 3).", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings", "terseLabel": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss": { "auth_ref": [ "r230" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of gain (loss) recognized in other comprehensive income (OCI) from asset measured at fair value on recurring basis using unobservable input (level 3).", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)", "negatedTerseLabel": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease": { "auth_ref": [ "r228" ], "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Period Increase (Decrease)", "negatedTerseLabel": "Accretion (amortization) (3)" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements": { "auth_ref": [ "r231" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of settlement of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements", "negatedTerseLabel": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue": { "auth_ref": [ "r228" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value", "periodEndLabel": "Balance at the end of the period", "periodStartLabel": "Balance at the beginning of the period" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementsFairValueHierarchyDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Categories used to prioritize the inputs to valuation techniques to measure fair value.", "label": "Fair Value Hierarchy and NAV [Domain]", "terseLabel": "Fair Value, Measurements, Fair Value Hierarchy [Domain]" } } }, "localname": "FairValueMeasurementsFairValueHierarchyDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueMeasurementsRecurringMember": { "auth_ref": [ "r232", "r234" ], "lang": { "en-US": { "role": { "documentation": "Frequent fair value measurement. Includes, but is not limited to, fair value adjustment for impairment of asset, liability or equity, frequently measured at fair value.", "label": "Fair Value, Recurring [Member]", "terseLabel": "Fair Value, Measurements, Recurring" } } }, "localname": "FairValueMeasurementsRecurringMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FinancialInstrumentAxis": { "auth_ref": [ "r125", "r126", "r127", "r128", "r129", "r131", "r132", "r133", "r134" ], "lang": { "en-US": { "role": { "documentation": "Information by type of financial instrument.", "label": "Financial Instrument [Axis]", "terseLabel": "Financial Instrument [Axis]" } } }, "localname": "FinancialInstrumentAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails", "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails", "http://www.dynexcapital.com/role/SubsequentEventsSubsequentEventsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue": { "auth_ref": [ "r257" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The fair value as of the balance sheet date of firm holdings in mortgages, mortgage backed securities (investment instruments that represent ownership of an undivided interest in a group of mortgages, where principal and interest from the individual mortgages are used to pay investors' principal and interest on the mortgage backed security) and asset-backed securities that are primarily paid from the cash flows of a discrete pool of receivables or other financial assets (such as credit-card receivables), either fixed or revolving, that by their terms convert into cash within a finite time period. Includes both pledged (to counterparties as collateral for financing transactions) and unpledged holdings.", "label": "Financial Instruments, Owned, Mortgages, Mortgage-backed and Asset-backed Securities, at Fair Value", "terseLabel": "Mortgage-backed securities (including pledged of $5,024,625 and $3,511,604, respectively)" } } }, "localname": "FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_FinancialLiabilitiesFairValueDisclosure": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Fair value of financial obligations, including, but not limited to, debt instruments, derivative liabilities, federal funds purchased and sold under agreements to repurchase, securities loaned or sold under agreements to repurchase, financial instruments sold not yet purchased, guarantees, line of credit, loans and notes payable, servicing liability, and trading liabilities.", "label": "Financial Liabilities Fair Value Disclosure", "terseLabel": "Financial Liabilities Fair Value Disclosure" } } }, "localname": "FinancialLiabilitiesFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ForwardContractsMember": { "auth_ref": [ "r209" ], "lang": { "en-US": { "role": { "documentation": "Contracts negotiated between two parties to purchase and sell a specific quantity of a financial instrument, foreign currency, or commodity at a price specified at origination of the contract, with delivery and settlement at a specified future date.", "label": "Forward Contracts [Member]", "terseLabel": "TBA securities" } } }, "localname": "ForwardContractsMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails", "http://www.dynexcapital.com/role/DerivativesTables", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FutureMember": { "auth_ref": [ "r209" ], "lang": { "en-US": { "role": { "documentation": "Futures contracts are forward-based contracts to make or take delivery of a specified financial instrument, foreign currency, or commodity at a specified future date or during a specified period at as specified price or yield. Futures are standardized contracts traded on an organized exchange.", "label": "Future [Member]", "terseLabel": "U.S. Treasury futures", "verboseLabel": "Futures" } } }, "localname": "FutureMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_HedgingDesignationAxis": { "auth_ref": [ "r198", "r212" ], "lang": { "en-US": { "role": { "documentation": "Information by designation of purpose of derivative instrument.", "label": "Hedging Designation [Axis]", "terseLabel": "Hedging Designation [Axis]" } } }, "localname": "HedgingDesignationAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_HedgingDesignationDomain": { "auth_ref": [ "r198" ], "lang": { "en-US": { "role": { "documentation": "Designation of purpose of derivative instrument.", "label": "Hedging Designation [Domain]", "terseLabel": "Hedging Designation [Domain]" } } }, "localname": "HedgingDesignationDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_IncomeStatementLocationAxis": { "auth_ref": [ "r137" ], "lang": { "en-US": { "role": { "documentation": "Information by location in the income statement.", "label": "Income Statement Location [Axis]", "terseLabel": "Income Statement Location [Axis]" } } }, "localname": "IncomeStatementLocationAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "stringItemType" }, "us-gaap_IncomeStatementLocationDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Location in the income statement.", "label": "Income Statement Location [Domain]", "terseLabel": "Income Statement Location [Domain]" } } }, "localname": "IncomeStatementLocationDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "domainItemType" }, "us-gaap_IncomeTaxPolicyTextBlock": { "auth_ref": [ "r46", "r76", "r176", "r177", "r178", "r179", "r180", "r181", "r288" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.", "label": "Income Tax, Policy [Policy Text Block]", "terseLabel": "Income Taxes [Policy Text Block]" } } }, "localname": "IncomeTaxPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet": { "auth_ref": [ "r68" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The increase (decrease) during the reporting period in the amount due from borrowers for interest payments.", "label": "Increase (Decrease) in Accrued Interest Receivable, Net", "negatedTerseLabel": "Decrease (increase) in accrued interest receivable" } } }, "localname": "IncreaseDecreaseInAccruedInterestReceivableNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInInterestPayableNet": { "auth_ref": [ "r68" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The increase (decrease) during the reporting period in interest payable, which represents the amount owed to note holders, bond holders, and other parties for interest earned on loans or credit extended to the reporting entity.", "label": "Increase (Decrease) in Interest Payable, Net", "terseLabel": "(Decrease) increase in accrued interest payable" } } }, "localname": "IncreaseDecreaseInInterestPayableNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet": { "auth_ref": [ "r68" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 10.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of increase (decrease) in operating assets after deduction of operating liabilities classified as other.", "label": "Increase (Decrease) in Other Operating Assets and Liabilities, Net", "negatedTerseLabel": "Change in other assets and liabilities, net" } } }, "localname": "IncreaseDecreaseInOtherOperatingCapitalNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInStockholdersEquityRollForward": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Increase (Decrease) in Stockholders' Equity [Roll Forward]", "terseLabel": "Increase (Decrease) in Stockholders' Equity [Roll Forward]" } } }, "localname": "IncreaseDecreaseInStockholdersEquityRollForward", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "stringItemType" }, "us-gaap_InterestExpense": { "auth_ref": [ "r48", "r108", "r237", "r238", "r271" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 2.0, "parentTag": "us-gaap_InterestIncomeExpenseNet", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of the cost of borrowed funds accounted for as interest expense.", "label": "Interest Expense", "terseLabel": "Interest expense" } } }, "localname": "InterestExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestIncomeExpenseNet": { "auth_ref": [ "r270" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 1.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The net amount of operating interest income (expense).", "label": "Interest Income (Expense), Net", "totalLabel": "Net interest income" } } }, "localname": "InterestIncomeExpenseNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestIncomeMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Primary financial statement caption in which reported facts about interest income have been included.", "label": "Interest Income [Member]", "terseLabel": "Interest Income" } } }, "localname": "InterestIncomeMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "domainItemType" }, "us-gaap_InterestIncomeOperating": { "auth_ref": [ "r51" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 1.0, "parentTag": "us-gaap_InterestIncomeExpenseNet", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of operating interest income, including, but not limited to, amortization and accretion of premiums and discounts on securities.", "label": "Interest Income, Operating", "terseLabel": "Interest income" } } }, "localname": "InterestIncomeOperating", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestOnlyStripMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Tranche of a securitization that entitles the holder to receive some or all of the interest collected on the underlying mortgages comprising the securitization; a significant risk is prepayment speed greater than the assumption upon which purchase price was based.", "label": "Interest-Only-Strip [Member]", "terseLabel": "Interest-Only-Strip" } } }, "localname": "InterestOnlyStripMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details", "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_InterestPaidNet": { "auth_ref": [ "r64", "r66", "r73" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of cash paid for interest, excluding capitalized interest, classified as operating activity. Includes, but is not limited to, payment to settle zero-coupon bond for accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount.", "label": "Interest Paid, Excluding Capitalized Interest, Operating Activities", "terseLabel": "Cash paid for interest" } } }, "localname": "InterestPaidNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestPayableCurrentAndNoncurrent": { "auth_ref": [ "r267", "r281" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of interest payable on debt, including, but not limited to, trade payables.", "label": "Interest Payable", "terseLabel": "Accrued interest payable" } } }, "localname": "InterestPayableCurrentAndNoncurrent", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestRateSwapMember": { "auth_ref": [ "r210" ], "lang": { "en-US": { "role": { "documentation": "Forward based contracts in which two parties agree to swap periodic payments that are fixed at the outset of the swap contract with variable payments based on a market interest rate (index rate) over a specified period.", "label": "Interest Rate Swap [Member]", "terseLabel": "Interest rate swaps" } } }, "localname": "InterestRateSwapMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails", "http://www.dynexcapital.com/role/DerivativesTables", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_InterestRateSwaptionMember": { "auth_ref": [ "r210" ], "lang": { "en-US": { "role": { "documentation": "An option granting the owner the right but not the obligation to enter into an interest rate swap.", "label": "Interest Rate Swaption [Member]", "terseLabel": "Interest rate swaption" } } }, "localname": "InterestRateSwaptionMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_InterestReceivable": { "auth_ref": [ "r17" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 6.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Carrying amount as of the balance sheet date of interest earned but not received. Also called accrued interest or accrued interest receivable.", "label": "Interest Receivable", "terseLabel": "Accrued interest receivable" } } }, "localname": "InterestReceivable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_InvestmentPolicyTextBlock": { "auth_ref": [ "r124" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for investment in financial asset.", "label": "Investment, Policy [Policy Text Block]", "terseLabel": "Investment in Debt Securities, Policy" } } }, "localname": "InvestmentPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Investments, Debt and Equity Securities [Abstract]", "terseLabel": "Investments, Debt and Equity Securities [Abstract]" } } }, "localname": "InvestmentsDebtAndEquitySecuritiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock": { "auth_ref": [ "r123", "r258", "r272", "r285" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for investments in certain debt and equity securities.", "label": "Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]", "terseLabel": "Mortgage-Backed Securities" } } }, "localname": "InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentinDebtSecuritiesNotes" ], "xbrltype": "textBlockItemType" }, "us-gaap_LaborAndRelatedExpense": { "auth_ref": [ "r50" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 6.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit.", "label": "Labor and Related Expense", "negatedTerseLabel": "Compensation and benefits" } } }, "localname": "LaborAndRelatedExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_Liabilities": { "auth_ref": [ "r14" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.", "label": "Liabilities", "totalLabel": "Total liabilities" } } }, "localname": "Liabilities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Liabilities [Abstract]", "terseLabel": "Liabilities:" } } }, "localname": "LiabilitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_LiabilitiesAndStockholdersEquity": { "auth_ref": [ "r11", "r263", "r280" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.", "label": "Liabilities and Equity", "totalLabel": "Total liabilities and shareholders\u2019 equity" } } }, "localname": "LiabilitiesAndStockholdersEquity", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesAndStockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Liabilities and Equity [Abstract]", "terseLabel": "LIABILITIES AND SHAREHOLDERS\u2019 EQUITY" } } }, "localname": "LiabilitiesAndStockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_LineOfCredit": { "auth_ref": [ "r4", "r262", "r274" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.", "label": "Long-term Line of Credit", "terseLabel": "Long-term Line of Credit" } } }, "localname": "LineOfCredit", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LineOfCreditFacilityInterestRateAtPeriodEnd": { "auth_ref": [ "r13" ], "lang": { "en-US": { "role": { "documentation": "The effective interest rate at the end of the reporting period.", "label": "Line of Credit Facility, Interest Rate at Period End", "terseLabel": "Line of Credit Facility, Interest Rate at Period End" } } }, "localname": "LineOfCreditFacilityInterestRateAtPeriodEnd", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails" ], "xbrltype": "percentItemType" }, "us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity": { "auth_ref": [ "r13" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.", "label": "Line of Credit Facility, Maximum Borrowing Capacity", "terseLabel": "Line of Credit Facility, Maximum Borrowing Capacity" } } }, "localname": "LineOfCreditFacilityMaximumBorrowingCapacity", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LoansReceivableFairValueDisclosure": { "auth_ref": [ "r111" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value portion of loan receivable, including, but not limited to, mortgage loans held for investment, finance receivables held for investment, policy loans on insurance contracts.", "label": "Loans Receivable, Fair Value Disclosure", "terseLabel": "Loans Receivable, Fair Value Disclosure" } } }, "localname": "LoansReceivableFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LoansReceivableMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "An amount of money or property, or a portion thereof, leant to a borrower (debtor) in exchange for a promise to repay the amount borrowed plus interest at a date certain in the future.", "label": "Loans Receivable [Member]", "terseLabel": "Loans Receivable" } } }, "localname": "LoansReceivableMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details" ], "xbrltype": "domainItemType" }, "us-gaap_LongMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicates an ownership position in, or purchase of, a security.", "label": "Long [Member]", "terseLabel": "Long position" } } }, "localname": "LongMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails", "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_LossContingencyDamagesSoughtValue": { "auth_ref": [ "r138", "r140", "r142" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The value (monetary amount) of the award the plaintiff seeks in the legal matter.", "label": "Loss Contingency, Damages Sought, Value", "terseLabel": "Loss Contingency, Damages Sought, Value" } } }, "localname": "LossContingencyDamagesSoughtValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/CommitmentandContingenciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LossContingencyDisclosures": { "auth_ref": [ "r144", "r145" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for loss and gain contingencies. Describes any existing condition, situation, or set of circumstances involving uncertainty as of the balance sheet date (or prior to issuance of the financial statements) as to a probable or reasonably possible loss incurred by an entity that will ultimately be resolved when one or more future events occur or fail to occur, and typically discloses the amount of loss recorded or a range of possible loss, or an assertion that no reasonable estimate can be made.", "label": "Contingencies Disclosure [Text Block]", "terseLabel": "Contingencies Disclosure" } } }, "localname": "LossContingencyDisclosures", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/CommitmentandContingencies" ], "xbrltype": "textBlockItemType" }, "us-gaap_LossContingencyInestimableLoss": { "auth_ref": [ "r141", "r143" ], "lang": { "en-US": { "role": { "documentation": "Explanation as to why an estimate of a specified contingent loss cannot be made, resulting in disclosure without accrual.", "label": "Loss Contingency, Inestimable Loss", "terseLabel": "Loss Contingency, Inestimable Loss" } } }, "localname": "LossContingencyInestimableLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/CommitmentandContingenciesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_Maturity30To90DaysMember": { "auth_ref": [ "r85" ], "lang": { "en-US": { "role": { "documentation": "Maturity period that is more than 29 days but fewer than 91 days from the reporting date for repurchase agreements and similar transactions, for example, but not limited to, securities lending arrangements.", "label": "Maturity 30 to 90 Days [Member]", "terseLabel": "30 to 90 days" } } }, "localname": "Maturity30To90DaysMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsRemainingTermtoMaturityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_MaturityUpTo30DaysMember": { "auth_ref": [ "r85" ], "lang": { "en-US": { "role": { "documentation": "Maturity period of up to 30 days from the reporting date for repurchase agreements and similar transactions, for example, but not limited to, securities lending arrangements.", "label": "Maturity Less than 30 Days [Member]", "terseLabel": "Less than 30 days" } } }, "localname": "MaturityUpTo30DaysMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsRemainingTermtoMaturityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Fair value of securitized, pay-through debt securities collateralized by real estate mortgage loans classified as available-for-sale.", "label": "Mortgage-backed Securities Available-for-sale, Fair Value Disclosure", "terseLabel": "Mortgage-backed securities" } } }, "localname": "MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember": { "auth_ref": [ "r114", "r161" ], "lang": { "en-US": { "role": { "documentation": "Debt securities collateralized by real estate mortgage loans (mortgages), issued by non-governmental sponsored enterprises.", "label": "Mortgage-backed Securities, Issued by Private Enterprises [Member]", "terseLabel": "Non-Agency MBS" } } }, "localname": "MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsLevel3Details", "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "domainItemType" }, "us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember": { "auth_ref": [ "r161" ], "lang": { "en-US": { "role": { "documentation": "Debt securities collateralized by real estate mortgage loans (mortgages), issued by US Government Sponsored Enterprises, such as Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac).", "label": "Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]", "terseLabel": "Agency MBS" } } }, "localname": "MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "domainItemType" }, "us-gaap_MortgageServicingRightsMSRImpairmentRecovery": { "auth_ref": [ "r69", "r254" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 4.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The adjustment to the carrying value of the rights retained or purchased to service mortgages. These adjustments are made when the estimate of the fair value is changed. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method.", "label": "Mortgage Servicing Rights (MSR) Impairment (Recovery)", "negatedTerseLabel": "Fair value adjustments, net" } } }, "localname": "MortgageServicingRightsMSRImpairmentRecovery", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_NatureOfOperations": { "auth_ref": [ "r99", "r107" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for the nature of an entity's business, major products or services, principal markets including location, and the relative importance of its operations in each business and the basis for the determination, including but not limited to, assets, revenues, or earnings. For an entity that has not commenced principal operations, disclosures about the risks and uncertainties related to the activities in which the entity is currently engaged and an understanding of what those activities are being directed toward.", "label": "Nature of Operations [Text Block]", "terseLabel": "Organization [Text Block]" } } }, "localname": "NatureOfOperations", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_NetCashProvidedByUsedInFinancingActivities": { "auth_ref": [ "r65" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 3.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.", "label": "Net Cash Provided by (Used in) Financing Activities", "totalLabel": "Net cash and cash equivalents (used in) provided by financing activities" } } }, "localname": "NetCashProvidedByUsedInFinancingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Net Cash Provided by (Used in) Financing Activities [Abstract]", "terseLabel": "Financing activities:" } } }, "localname": "NetCashProvidedByUsedInFinancingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInInvestingActivities": { "auth_ref": [ "r65" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 2.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.", "label": "Net Cash Provided by (Used in) Investing Activities", "totalLabel": "Net cash and cash equivalents provided by (used in) investing activities" } } }, "localname": "NetCashProvidedByUsedInInvestingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Net Cash Provided by (Used in) Investing Activities [Abstract]", "terseLabel": "Investing activities:" } } }, "localname": "NetCashProvidedByUsedInInvestingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInOperatingActivities": { "auth_ref": [ "r65", "r67", "r70" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 1.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect", "weight": 1.0 } }, "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.", "label": "Net Cash Provided by (Used in) Operating Activities", "totalLabel": "Net cash and cash equivalents provided by operating activities" } } }, "localname": "NetCashProvidedByUsedInOperatingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Net Cash Provided by (Used in) Operating Activities [Abstract]", "terseLabel": "Operating activities:" } } }, "localname": "NetCashProvidedByUsedInOperatingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetIncomeLoss": { "auth_ref": [ "r40", "r43", "r49", "r70", "r96", "r269", "r282" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 }, "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 2.0, "parentTag": "us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.", "label": "Net Income (Loss) Attributable to Parent", "terseLabel": "Net loss (income)", "totalLabel": "Net loss", "verboseLabel": "Net (loss) income" } } }, "localname": "NetIncomeLoss", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows", "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome", "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic": { "auth_ref": [ "r91", "r93" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 1.0, "parentTag": "us-gaap_ComprehensiveIncomeNetOfTax", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders.", "label": "Net Income (Loss) Available to Common Stockholders, Basic", "totalLabel": "Net loss to common shareholders" } } }, "localname": "NetIncomeLossAvailableToCommonStockholdersBasic", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock": { "auth_ref": [ "r92" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.", "label": "New Accounting Pronouncements and Changes in Accounting Principles [Text Block]", "terseLabel": "Recent Accounting Pronouncements [Text Block]" } } }, "localname": "NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_NonRecourseDebt": { "auth_ref": [], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 7.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of debt for which creditor does not have general recourse to the debtor but rather has recourse only to the property used for collateral in the transaction or other specific property.", "label": "Non-Recourse Debt", "terseLabel": "Non-Recourse Debt" } } }, "localname": "NonRecourseDebt", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_NoninterestExpenseAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Noninterest Expense [Abstract]", "terseLabel": "General and administrative expenses:" } } }, "localname": "NoninterestExpenseAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "stringItemType" }, "us-gaap_NotDesignatedAsHedgingInstrumentEconomicHedgeMember": { "auth_ref": [ "r196" ], "lang": { "en-US": { "role": { "documentation": "Derivative instrument, not designated as hedging instrument under Generally Accepted Accounting Principles (GAAP), used as economic hedge for exposure to risk.", "label": "Not Designated as Hedging Instrument, Economic Hedge [Member]", "terseLabel": "Not Designated as Hedging Instrument, Economic Hedge" } } }, "localname": "NotDesignatedAsHedgingInstrumentEconomicHedgeMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_NotDesignatedAsHedgingInstrumentTradingMember": { "auth_ref": [ "r197" ], "lang": { "en-US": { "role": { "documentation": "Derivative instrument, not designated as hedging instrument under Generally Accepted Accounting Principles (GAAP), used for trading purposes for exposure to risk.", "label": "Not Designated as Hedging Instrument, Trading [Member]", "terseLabel": "Not Designated as Hedging Instrument, Trading" } } }, "localname": "NotDesignatedAsHedgingInstrumentTradingMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_OffsettingAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Offsetting [Abstract]", "terseLabel": "Offsetting [Abstract]" } } }, "localname": "OffsettingAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_OffsettingAssetsLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Offsetting Assets [Line Items]", "terseLabel": "Offsetting Assets [Line Items]" } } }, "localname": "OffsettingAssetsLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_OffsettingAssetsTable": { "auth_ref": [ "r24", "r25" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about derivative and financial assets that are subject to offsetting, including enforceable master netting arrangements.", "label": "Offsetting Assets [Table]", "terseLabel": "Offsetting Assets [Table]" } } }, "localname": "OffsettingAssetsTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_OffsettingAssetsTableTextBlock": { "auth_ref": [ "r24", "r25" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of derivative and other financial assets that are subject to offsetting, including master netting arrangements.", "label": "Offsetting Assets [Table Text Block]", "terseLabel": "Offsetting Assets" } } }, "localname": "OffsettingAssetsTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_OffsettingLiabilitiesLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Offsetting Liabilities [Line Items]", "terseLabel": "Offsetting Liabilities [Line Items]" } } }, "localname": "OffsettingLiabilitiesLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsOffsettingDetails" ], "xbrltype": "stringItemType" }, "us-gaap_OffsettingLiabilitiesTable": { "auth_ref": [ "r24", "r25" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about derivative and financial liabilities that are subject to offsetting, including enforceable master netting arrangements.", "label": "Offsetting Liabilities [Table]", "terseLabel": "Offsetting Liabilities [Table]" } } }, "localname": "OffsettingLiabilitiesTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsOffsettingDetails" ], "xbrltype": "stringItemType" }, "us-gaap_OffsettingLiabilitiesTableTextBlock": { "auth_ref": [ "r24", "r25" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of derivative and other financial liabilities that are subject to offsetting, including master netting arrangements.", "label": "Offsetting Liabilities [Table Text Block]", "terseLabel": "Offsetting Liabilities" } } }, "localname": "OffsettingLiabilitiesTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock": { "auth_ref": [ "r90", "r92", "r107", "r190" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for the general note to the financial statements for the reporting entity which may include, descriptions of the basis of presentation, business description, significant accounting policies, consolidations, reclassifications, new pronouncements not yet adopted and changes in accounting principles.", "label": "Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]", "terseLabel": "Organization and Summary of Significant Accounting Policies" } } }, "localname": "OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesNotes" ], "xbrltype": "textBlockItemType" }, "us-gaap_OtherComprehensiveIncomeLossNetOfTax": { "auth_ref": [ "r41", "r44", "r47", "r151" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 2.0, "parentTag": "us-gaap_ComprehensiveIncomeNetOfTax", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax and reclassification adjustments of other comprehensive income (loss).", "label": "Other Comprehensive Income (Loss), Net of Tax", "terseLabel": "Other Comprehensive Income (Loss), Net of Tax", "totalLabel": "Total other comprehensive income" } } }, "localname": "OtherComprehensiveIncomeLossNetOfTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome", "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeLossNetOfTaxAttributableToParentAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Other Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]", "terseLabel": "Other comprehensive income:" } } }, "localname": "OtherComprehensiveIncomeLossNetOfTaxAttributableToParentAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "stringItemType" }, "us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax": { "auth_ref": [ "r34", "r37", "r38", "r122" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 2.0, "parentTag": "us-gaap_OtherComprehensiveIncomeLossNetOfTax", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities.", "label": "Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax", "negatedTerseLabel": "Reclassification adjustment for gain on sale of investments, net" } } }, "localname": "OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax": { "auth_ref": [ "r34", "r37", "r38", "r199" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 3.0, "parentTag": "us-gaap_OtherComprehensiveIncomeLossNetOfTax", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount after tax of reclassification adjustment from accumulated other comprehensive income of accumulated gain (loss) realized from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's deferred hedging gain (loss).", "label": "Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax", "negatedTerseLabel": "Reclassification adjustment for de-designated cash flow hedges" } } }, "localname": "OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax": { "auth_ref": [ "r32", "r34" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 1.0, "parentTag": "us-gaap_OtherComprehensiveIncomeLossNetOfTax", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities.", "label": "Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax", "terseLabel": "Unrealized gain on available-for-sale investments, net" } } }, "localname": "OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherDepreciationAndAmortization": { "auth_ref": [ "r52", "r69", "r136" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 8.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of expense charged against earnings to allocate the cost of tangible and intangible assets over their remaining economic lives, classified as other.", "label": "Other Depreciation and Amortization", "terseLabel": "Other amortization and depreciation, net" } } }, "localname": "OtherDepreciationAndAmortization", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherGeneralAndAdministrativeExpense": { "auth_ref": [ "r53" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 7.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of general and administrative expense classified as other.", "label": "Other General and Administrative Expense", "negatedTerseLabel": "Other general and administrative" } } }, "localname": "OtherGeneralAndAdministrativeExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherInvestmentsAndSecuritiesAtCost": { "auth_ref": [ "r2", "r264", "r265", "r275" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Includes other investments and securities that are not at fair value as of the balance sheet date and those that are not accounted for under the equity method.", "label": "Other Investments and Securities, at Cost", "terseLabel": "Other Investments and Securities, at Cost" } } }, "localname": "OtherInvestmentsAndSecuritiesAtCost", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherLiabilities": { "auth_ref": [ "r268" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 6.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of liabilities classified as other.", "label": "Other Liabilities", "terseLabel": "Other liabilities" } } }, "localname": "OtherLiabilities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherNoncashIncomeExpense": { "auth_ref": [ "r70" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 6.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of income (expense) included in net income that results in no cash inflow (outflow), classified as other.", "label": "Other Noncash Income (Expense)", "negatedTerseLabel": "Fair value adjustments, net" } } }, "localname": "OtherNoncashIncomeExpense", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherOperatingIncomeExpenseNet": { "auth_ref": [], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 5.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations.", "label": "Other Operating Income (Expense), Net", "terseLabel": "Other operating expense, net" } } }, "localname": "OtherOperatingIncomeExpenseNet", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities": { "auth_ref": [ "r89" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 5.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The net cash outflow or inflow from derivative instruments during the period, which are classified as investing activities, excluding those designated as hedging instruments.", "label": "Payments for (Proceeds from) Derivative Instrument, Investing Activities", "negatedTerseLabel": "Net payments on derivatives, including terminations" } } }, "localname": "PaymentsForProceedsFromDerivativeInstrumentInvestingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsForProceedsFromOtherInvestingActivities": { "auth_ref": [ "r57", "r58", "r89" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 6.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of cash (inflow) outflow from investing activities classified as other.", "label": "Payments for (Proceeds from) Other Investing Activities", "negatedTerseLabel": "Other investing activities" } } }, "localname": "PaymentsForProceedsFromOtherInvestingActivities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsForRepurchaseOfCommonStock": { "auth_ref": [ "r61" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 5.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow to reacquire common stock during the period.", "label": "Payments for Repurchase of Common Stock", "terseLabel": "Payments for Repurchase of Common Stock" } } }, "localname": "PaymentsForRepurchaseOfCommonStock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsForRepurchaseOfRedeemablePreferredStock": { "auth_ref": [ "r61" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 9.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow for reacquisition of callable preferred stock.", "label": "Payments for Repurchase of Redeemable Preferred Stock", "terseLabel": "Payments for Repurchase of Redeemable Preferred Stock" } } }, "localname": "PaymentsForRepurchaseOfRedeemablePreferredStock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsOfDividends": { "auth_ref": [ "r61" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 8.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Cash outflow in the form of capital distributions and dividends to common shareholders, preferred shareholders and noncontrolling interests.", "label": "Payments of Dividends", "negatedTerseLabel": "Dividends paid" } } }, "localname": "PaymentsOfDividends", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsOfStockIssuanceCosts": { "auth_ref": [ "r63" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 7.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow for cost incurred directly with the issuance of an equity security.", "label": "Payments of Stock Issuance Costs", "negatedTerseLabel": "Cash paid for stock issuance costs" } } }, "localname": "PaymentsOfStockIssuanceCosts", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation": { "auth_ref": [ "r61" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of cash outflow to satisfy grantee's tax withholding obligation for award under share-based payment arrangement.", "label": "Payment, Tax Withholding, Share-based Payment Arrangement", "negatedTerseLabel": "Payments related to tax withholding for stock-based compensation" } } }, "localname": "PaymentsRelatedToTaxWithholdingForShareBasedCompensation", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsToAcquireInvestments": { "auth_ref": [ "r58" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow associated with the purchase of all investments (debt, security, other) during the period.", "label": "Payments to Acquire Investments", "negatedTerseLabel": "Purchase of investments" } } }, "localname": "PaymentsToAcquireInvestments", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment": { "auth_ref": [ "r249" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The carrying amount as of the date of the latest financial statement presented of mortgage-related securities classified as available for sale or held for investment which are owned but transferred to another party to serve as collateral to partially or fully secure a debt obligation, repurchase agreement or other current or potential obligation, and for which the transferee does not have the right by contract or custom to sell or re-pledge them to an unrelated party.", "label": "Pledged Financial Instruments, Not Separately Reported, Mortgage-Related Securities Available-for-sale or Held-for-investment", "terseLabel": "Pledged MBS of $3,268,796 and $5,024,625, respectively" } } }, "localname": "PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PositionAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Information by position taken for a security.", "label": "Position [Axis]", "terseLabel": "Position" } } }, "localname": "PositionAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_PositionDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicates position taken for a security.", "label": "Position [Domain]", "terseLabel": "Position" } } }, "localname": "PositionDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_PreferredStockDividendPaymentTerms": { "auth_ref": [ "r6", "r7", "r152" ], "lang": { "en-US": { "role": { "documentation": "Specific information regarding dividend payment dates or timing and whether or not dividends are paid on a cumulative basis.", "label": "Preferred Stock, Dividend Payment Terms", "terseLabel": "Preferred Stock, Dividend Payment Terms" } } }, "localname": "PreferredStockDividendPaymentTerms", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_PreferredStockDividendRatePercentage": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The percentage rate used to calculate dividend payments on preferred stock.", "label": "Preferred Stock, Dividend Rate, Percentage", "terseLabel": "Preferred Stock, Dividend Rate, Percentage" } } }, "localname": "PreferredStockDividendRatePercentage", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "percentItemType" }, "us-gaap_PreferredStockDividendsIncomeStatementImpact": { "auth_ref": [], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 1.0, "parentTag": "us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders.", "label": "Preferred Stock Dividends, Income Statement Impact", "negatedTerseLabel": "Preferred stock dividends" } } }, "localname": "PreferredStockDividendsIncomeStatementImpact", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_PreferredStockDividendsPerShareDeclared": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Aggregate dividends declared during the period for each share of preferred stock outstanding.", "label": "Preferred Stock, Dividends Per Share, Declared", "terseLabel": "Preferred Stock, Dividends Per Share, Declared" } } }, "localname": "PreferredStockDividendsPerShareDeclared", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_PreferredStockIncludingAdditionalPaidInCapitalMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Preferred stock held by shareholders with par value plus amounts in excess of par value or issuance value (in cases of no-par value stock).", "label": "Preferred Stock Including Additional Paid in Capital [Member]", "terseLabel": "Preferred Stock Including Additional Paid in Capital" } } }, "localname": "PreferredStockIncludingAdditionalPaidInCapitalMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "domainItemType" }, "us-gaap_PreferredStockLiquidationPreference": { "auth_ref": [ "r7", "r78", "r80", "r152", "r153" ], "lang": { "en-US": { "role": { "documentation": "The per share liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share.", "label": "Preferred Stock, Liquidation Preference Per Share", "terseLabel": "Preferred Stock, Liquidation Preference Per Share" } } }, "localname": "PreferredStockLiquidationPreference", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_PreferredStockLiquidationPreferenceValue": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Value of the difference between preference in liquidation and the par or stated values of the preferred shares.", "label": "Preferred Stock, Liquidation Preference, Value", "terseLabel": "Preferred Stock, Liquidation Preference, Value" } } }, "localname": "PreferredStockLiquidationPreferenceValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PreferredStockMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Preferred shares may provide a preferential dividend to the dividend on common stock and may take precedence over common stock in the event of a liquidation. Preferred shares typically represent an ownership interest in the company.", "label": "Preferred Stock [Member]", "terseLabel": "Preferred Stock" } } }, "localname": "PreferredStockMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "domainItemType" }, "us-gaap_PreferredStockParOrStatedValuePerShare": { "auth_ref": [ "r7" ], "lang": { "en-US": { "role": { "documentation": "Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.", "label": "Preferred Stock, Par or Stated Value Per Share", "terseLabel": "Preferred Stock, Par or Stated Value Per Share" } } }, "localname": "PreferredStockParOrStatedValuePerShare", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails", "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_PreferredStockRedemptionPremium": { "auth_ref": [ "r98" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome": { "order": 3.0, "parentTag": "us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The excess of (1) fair value of the consideration transferred to the holders of the preferred stock over (2) the carrying amount of the preferred stock in the registrant's balance sheet, during the accounting period.", "label": "Preferred Stock Redemption Premium", "terseLabel": "Preferred Stock Redemption Premium" } } }, "localname": "PreferredStockRedemptionPremium", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_PreferredStockRedemptionPricePerShare": { "auth_ref": [ "r150", "r152", "r154" ], "lang": { "en-US": { "role": { "documentation": "The price per share at which the preferred stock of an entity that has priority over common stock in the distribution of dividends and in the event of liquidation of the entity is redeemed or may be called at. The redemption features of this preferred stock are solely within the control of the issuer.", "label": "Preferred Stock, Redemption Price Per Share", "terseLabel": "Preferred Stock, Redemption Price Per Share" } } }, "localname": "PreferredStockRedemptionPricePerShare", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_PreferredStockSharesAuthorized": { "auth_ref": [ "r7" ], "lang": { "en-US": { "role": { "documentation": "The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.", "label": "Preferred Stock, Shares Authorized", "terseLabel": "Preferred Stock, Shares Authorized" } } }, "localname": "PreferredStockSharesAuthorized", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails", "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_PreferredStockSharesIssued": { "auth_ref": [ "r7" ], "lang": { "en-US": { "role": { "documentation": "Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.", "label": "Preferred Stock, Shares Issued", "terseLabel": "Preferred Stock, Shares Issued" } } }, "localname": "PreferredStockSharesIssued", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails", "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_PreferredStockSharesOutstanding": { "auth_ref": [ "r7" ], "lang": { "en-US": { "role": { "documentation": "Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.", "label": "Preferred Stock, Shares Outstanding", "periodEndLabel": "Balance, Preferred shares outstanding", "periodStartLabel": "Balance, Preferred shares outstanding", "terseLabel": "Preferred Stock, Shares Outstanding" } } }, "localname": "PreferredStockSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails", "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement", "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_PreferredStockValueOutstanding": { "auth_ref": [ "r7" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Value of all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by shareholders, which is net of related treasury stock. May be all or a portion of the number of preferred shares authorized. These shares represent the ownership interest of the preferred shareholders.", "label": "Preferred Stock, Value, Outstanding", "terseLabel": "Preferred stock, par value $0.01 per share; 50,000,000 shares authorized; 7,248,330 and 6,788,330 shares issued and outstanding, respectively ($181,208 and $169,708 aggregate liquidation preference, respectively)" } } }, "localname": "PreferredStockValueOutstanding", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_PrepaidExpenseAndOtherAssets": { "auth_ref": [], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 7.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets.", "label": "Prepaid Expense and Other Assets", "terseLabel": "Other assets, net" } } }, "localname": "PrepaidExpenseAndOtherAssets", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromCollectionOfFinanceReceivables": { "auth_ref": [ "r55" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cash inflow associated with the collection of receivables arising from the financing of goods and services.", "label": "Proceeds from Collection of Finance Receivables", "terseLabel": "Principal payments received on mortgage loans held for investment" } } }, "localname": "ProceedsFromCollectionOfFinanceReceivables", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromIssuanceOfCommonStock": { "auth_ref": [ "r59" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cash inflow from the additional capital contribution to the entity.", "label": "Proceeds from Issuance of Common Stock", "terseLabel": "Proceeds from issuance of common stock" } } }, "localname": "ProceedsFromIssuanceOfCommonStock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromIssuanceOfDebt": { "auth_ref": [ "r60" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cash inflow during the period from additional borrowings in aggregate debt. Includes proceeds from short-term and long-term debt.", "label": "Proceeds from Issuance of Debt", "terseLabel": "Borrowings under repurchase agreements" } } }, "localname": "ProceedsFromIssuanceOfDebt", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock": { "auth_ref": [ "r59" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Proceeds from issuance of capital stock which provides for a specific dividend that is paid to the shareholders before any dividends to common stockholders and which takes precedence over common stockholders in the event of liquidation.", "label": "Proceeds from Issuance of Preferred Stock and Preference Stock", "terseLabel": "Proceeds from issuance of preferred stock" } } }, "localname": "ProceedsFromIssuanceOfPreferredStockAndPreferenceStock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities": { "auth_ref": [ "r54", "r55", "r113" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow from maturity, prepayment and call of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale", "terseLabel": "Principal payments received on investments" } } }, "localname": "ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromRepaymentsOfSecuredDebt": { "auth_ref": [ "r89" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 6.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow (outflow) from long-term debt wholly or partially secured by collateral. Excludes tax exempt secured debt.", "label": "Proceeds from (Repayments of) Secured Debt", "terseLabel": "Principal payments on non-recourse collateralized financing" } } }, "localname": "ProceedsFromRepaymentsOfSecuredDebt", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities": { "auth_ref": [ "r56", "r113" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The cash inflow associated with the sale of debt and equity securities classified as available-for-sale securities.", "label": "Proceeds from Sale of Available-for-sale Securities", "terseLabel": "Proceeds from Sale of Available-for-sale Securities" } } }, "localname": "ProceedsFromSaleOfAvailableForSaleSecurities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt": { "auth_ref": [ "r54", "r55", "r113" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash inflow from sale of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).", "label": "Proceeds from Sale of Debt Securities, Available-for-sale", "verboseLabel": "Proceeds from sales of investments" } } }, "localname": "ProceedsFromSaleOfAvailableForSaleSecuritiesDebt", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations": { "auth_ref": [ "r110", "r256" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 8.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount receivable from broker-dealers and clearing organizations, including, but not limited to, securities failed-to-deliver, certain deposits for securities borrowed, open transactions, good faith and margin deposits, commissions and floor brokerage receivables.", "label": "Receivables from Brokers-Dealers and Clearing Organizations", "terseLabel": "Receivables from Brokers-Dealers and Clearing Organizations" } } }, "localname": "ReceivablesFromBrokersDealersAndClearingOrganizations", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets", "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RedemptionPremium": { "auth_ref": [], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "The excess of the (1) fair value of consideration transferred to the holders of a security in excess of (2) the carrying amount of the security reported on the registrant's balance sheet, which will be deducted from net earnings to derive net earnings available to common shareholders. This amount is generally an adjustment considered in the computation of earnings per share.", "label": "Redemption Premium", "terseLabel": "Redemption Premium" } } }, "localname": "RedemptionPremium", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RepaymentsOfDebt": { "auth_ref": [ "r62" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 10.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cash outflow during the period from the repayment of aggregate short-term and long-term debt. Excludes payment of capital lease obligations.", "label": "Repayments of Debt", "negatedTerseLabel": "Repayments of repurchase agreement borrowings" } } }, "localname": "RepaymentsOfDebt", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_RepurchaseAgreementCounterpartyAmountAtRisk": { "auth_ref": [ "r86" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The amount at risk under repurchase agreements is defined as the excess of carrying amount (or market value, if higher than the carrying amount or if there is no carrying amount) of the securities or other assets sold under agreement to repurchase, including accrued interest plus any cash or other assets on deposit to secure the repurchase obligation, over the amount of the repurchase liability (adjusted for accrued interest).", "label": "Repurchase Agreement Counterparty, Amount at Risk", "terseLabel": "Repurchase Agreement Counterparty, Amount at Risk" } } }, "localname": "RepurchaseAgreementCounterpartyAmountAtRisk", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RepurchaseAgreementCounterpartyLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Repurchase Agreement Counterparty [Line Items]", "terseLabel": "Repurchase Agreement Counterparty [Line Items]" } } }, "localname": "RepurchaseAgreementCounterpartyLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RepurchaseAgreementsResaleAgreementsSecuritiesBorrowedAndSecuritiesLoanedDisclosureTextBlock": { "auth_ref": [ "r255" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for repurchase agreements (also known as repos), resale agreements (also known as reverse repurchase agreements or reverse repos), securities borrowed transactions, and securities loaned transactions.", "label": "Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block]", "terseLabel": "Repurchase agreements" } } }, "localname": "RepurchaseAgreementsResaleAgreementsSecuritiesBorrowedAndSecuritiesLoanedDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsNotes" ], "xbrltype": "textBlockItemType" }, "us-gaap_ResidentialMortgageBackedSecuritiesMember": { "auth_ref": [ "r114", "r161" ], "lang": { "en-US": { "role": { "documentation": "Securities collateralized by residential real estate mortgage loans.", "label": "Residential Mortgage Backed Securities [Member]", "terseLabel": "Residential Mortgage Backed Securities" } } }, "localname": "ResidentialMortgageBackedSecuritiesMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_RestrictedCashAndCashEquivalents": { "auth_ref": [ "r1", "r71", "r75", "r259", "r278" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_Assets", "weight": 1.0 }, "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesDetails": { "order": 2.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of cash and cash equivalents restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Restricted Cash and Cash Equivalents", "terseLabel": "Restricted cash" } } }, "localname": "RestrictedCashAndCashEquivalents", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets", "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RestrictedStockMember": { "auth_ref": [ "r95" ], "lang": { "en-US": { "role": { "documentation": "Stock including a provision that prohibits sale or substantive sale of an equity instrument for a specified period of time or until specified performance conditions are met.", "label": "Restricted Stock [Member]", "terseLabel": "Restricted Stock" } } }, "localname": "RestrictedStockMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_RetainedEarningsAccumulatedDeficit": { "auth_ref": [ "r10", "r159", "r279" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The cumulative amount of the reporting entity's undistributed earnings or deficit.", "label": "Retained Earnings (Accumulated Deficit)", "terseLabel": "Accumulated deficit" } } }, "localname": "RetainedEarningsAccumulatedDeficit", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ScheduleOfAssetsAndAssociatedLiabilitiesAccountedForAsSecuredBorrowingsTable": { "auth_ref": [ "r248" ], "lang": { "en-US": { "role": { "documentation": "Information about the carrying amount and classification of assets and liabilities recognized in the transferor's statement of financial position at the end of each period presented.", "label": "Schedule of Assets and Associated Liabilities Accounted for as Secured Borrowings [Table]", "terseLabel": "Schedule of Assets and Associated Liabilities Accounted for as Secured Borrowings [Table]" } } }, "localname": "ScheduleOfAssetsAndAssociatedLiabilitiesAccountedForAsSecuredBorrowingsTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfAssetsSoldUnderAgreementsToRepurchaseTable": { "auth_ref": [ "r85" ], "lang": { "en-US": { "role": { "documentation": "Schedule, as of the most recent balance sheet date, of securities or other assets sold under repurchase agreements when this amount exceeds 10 percent of total assets. Disclosure may include the following: the type of securities or assets sold under agreements to repurchase, the carrying amount, market value (including accrued interest plus any cash or other assets on deposit. The information is segregated into securities maturing (1) overnight; (2) term up to 30 days; (3) term of 30 to 90 days; (4) term over 90 days; (5) demand.", "label": "Schedule of Assets Sold under Agreements to Repurchase [Table]", "terseLabel": "Schedule of Assets Sold under Agreements to Repurchase [Table]" } } }, "localname": "ScheduleOfAssetsSoldUnderAgreementsToRepurchaseTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsRemainingTermtoMaturityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock": { "auth_ref": [ "r205" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.", "label": "Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]", "terseLabel": "Schedule of Derivative Instruments in Statement of Financial Position, Fair Value" } } }, "localname": "ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock": { "auth_ref": [ "r213", "r220" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of gains and losses on derivative instruments included in an entity's trading activities.", "label": "Schedule of Derivative Instruments Included in Trading Activities [Table Text Block]", "terseLabel": "Derivative Instruments, Gain (Loss)" } } }, "localname": "ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfDerivativeInstrumentsTextBlock": { "auth_ref": [ "r87", "r191", "r194", "r195", "r198", "r200", "r205", "r207", "r214", "r219" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.", "label": "Schedule of Derivative Instruments [Table Text Block]", "terseLabel": "Schedule of Derivative Instruments" } } }, "localname": "ScheduleOfDerivativeInstrumentsTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock": { "auth_ref": [ "r223", "r224" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).", "label": "Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]", "terseLabel": "Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis" } } }, "localname": "ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfInvestmentsLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Schedule of Investments [Line Items]", "terseLabel": "Investments [Line Items]" } } }, "localname": "ScheduleOfInvestmentsLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfInvestmentsTable": { "auth_ref": [ "r284" ], "lang": { "en-US": { "role": { "documentation": "A container table for all schedule of investment items. It ties in the \"Legal Entity [Axis]\" to all of its contained line items.", "label": "Schedule of Investments [Table]", "terseLabel": "Investments [Table]" } } }, "localname": "ScheduleOfInvestmentsTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock": { "auth_ref": [ "r169" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the changes in outstanding nonvested restricted stock units.", "label": "Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]", "terseLabel": "Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity" } } }, "localname": "ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock": { "auth_ref": [ "r193" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the notional amounts of outstanding derivative positions.", "label": "Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]", "terseLabel": "Schedule of Notional Amounts of Outstanding Derivative Positions" } } }, "localname": "ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfRealizedGainLossTableTextBlock": { "auth_ref": [ "r121" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the proceeds from sales of available-for-sale securities and the gross realized gains and gross realized losses that have been included in earnings as a result of those sales.", "label": "Schedule of Realized Gain (Loss) [Table Text Block]", "terseLabel": "Schedule of Realized Gain (Loss) [Table Text Block]" } } }, "localname": "ScheduleOfRealizedGainLossTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfRepurchaseAgreementCounterpartyTable": { "auth_ref": [ "r86" ], "lang": { "en-US": { "role": { "documentation": "Schedule, as of the balance sheet date, of the amount at risk under repurchase agreements with any individual counterparty or group of related counterparties which exceeds 10 percent of stockholders' equity. Includes the name of each counterparty or group of related counterparties, the amount at risk with each, and the weighted average maturity of the repurchase agreements with each. The amount at risk under repurchase agreements is defined as the excess of carrying amount (or market value, if higher than the carrying amount or if there is no carrying amount) of the securities or other assets sold under agreement to repurchase, including accrued interest plus any cash or other assets on deposit to secure the repurchase obligation, over the amount of the repurchase liability (adjusted for accrued interest).", "label": "Schedule of Repurchase Agreement Counterparty [Table]", "terseLabel": "Schedule of Repurchase Agreement Counterparty [Table]" } } }, "localname": "ScheduleOfRepurchaseAgreementCounterpartyTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsCounterpartyInformationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable": { "auth_ref": [ "r165", "r174" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of information about share-based payment arrangement.", "label": "Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]", "terseLabel": "Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]" } } }, "localname": "ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfStockByClassTable": { "auth_ref": [ "r15", "r81", "r147", "r148", "r149", "r152", "r153", "r155", "r156", "r157", "r158", "r159" ], "lang": { "en-US": { "role": { "documentation": "Schedule detailing information related to equity by class of stock. Class of stock includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. It also includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity.", "label": "Schedule of Stock by Class [Table]", "terseLabel": "Schedule of Stock by Class [Table]" } } }, "localname": "ScheduleOfStockByClassTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfUnderlyingAssetsOfRepurchaseAgreementsWhenAmountOfRepurchaseAgreementsExceeds10PercentOfAssetsTextBlock": { "auth_ref": [ "r85" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure, as of the most recent balance sheet date, of securities or other assets sold under repurchase agreements when this amount exceeds 10 percent of total assets. Disclosure may include the following: the type of securities or assets sold under agreements to repurchase, the carrying amount, market value (including accrued interest plus any cash or other assets on deposit. The information is segregated into securities maturing (1) overnight; (2) term up to 30 days; (3) term of 30 to 90 days; (4) term over 90 days; (5) demand.", "label": "Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets [Table Text Block]", "terseLabel": "Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets [Table Text Block]" } } }, "localname": "ScheduleOfUnderlyingAssetsOfRepurchaseAgreementsWhenAmountOfRepurchaseAgreementsExceeds10PercentOfAssetsTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_SecuritiesSoldUnderAgreementsToRepurchase": { "auth_ref": [ "r18", "r21", "r26", "r82", "r266" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after the effects of master netting arrangements, of funds outstanding borrowed in the form of a security repurchase agreement between the entity and another party for the sale and repurchase of identical or substantially the same securities at a date certain for a specified price. Includes liabilities not subject to a master netting arrangement and not elected to be offset.", "label": "Securities Sold under Agreements to Repurchase", "terseLabel": "Repurchase agreements", "verboseLabel": "Net Amount of Liabilities Presented in the Balance Sheet" } } }, "localname": "SecuritiesSoldUnderAgreementsToRepurchase", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets", "http://www.dynexcapital.com/role/RepurchaseAgreementsOffsettingDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral": { "auth_ref": [ "r23", "r27" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, after effects of master netting arrangements, of funds outstanding borrowed in the form of a security repurchase agreement between the entity and another party for the sale and repurchase of identical or substantially the same securities at a date certain for a specified price offset against a right to receive collateral. Includes liabilities not subject to a master netting arrangement and not elected to be offset.", "label": "Securities Sold under Agreements to Repurchase, Amount Offset Against Collateral", "terseLabel": "Securities Sold under Agreements to Repurchase, Amount Offset Against Collateral" } } }, "localname": "SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsOffsettingDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAsset": { "auth_ref": [ "r20", "r30" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of asset associated with funds outstanding borrowed in the form of a security repurchase agreement between the entity and another party for the sale and repurchase of identical or substantially the same securities at a date certain for a specified price.", "label": "Securities Sold under Agreements to Repurchase, Asset", "terseLabel": "Gross Amount Offset in the Balance Sheet" } } }, "localname": "SecuritiesSoldUnderAgreementsToRepurchaseAsset", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsOffsettingDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash": { "auth_ref": [ "r22", "r27" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of right to receive cash collateral under master netting arrangements that have not been offset against securities sold under agreement to repurchase.", "label": "Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Cash", "terseLabel": "Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Cash" } } }, "localname": "SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsOffsettingDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities": { "auth_ref": [ "r22", "r27" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of right to receive securities collateral under master netting arrangements that have not been offset against securities sold under agreement to repurchase.", "label": "Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Securities", "negatedTerseLabel": "Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Securities" } } }, "localname": "SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsOffsettingDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross": { "auth_ref": [ "r19", "r29" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount, before effects of master netting arrangements, of funds outstanding borrowed in the form of a security repurchase agreement between the entity and another party for the sale and repurchase of identical or substantially the same securities at a date certain for a specified price. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement.", "label": "Securities Sold under Agreements to Repurchase, Gross", "terseLabel": "Gross Amount of Recognized Liabilities" } } }, "localname": "SecuritiesSoldUnderAgreementsToRepurchaseGross", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsOffsettingDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_SeriesAPreferredStockMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Outstanding nonredeemable series A preferred stock or outstanding series A preferred stock. Classified within stockholders' equity if nonredeemable or redeemable solely at the option of the issuer. Classified within temporary equity if redemption is outside the control of the issuer.", "label": "Series A Preferred Stock [Member]", "terseLabel": "Series A Preferred Stock", "verboseLabel": "Series A Preferred Stock" } } }, "localname": "SeriesAPreferredStockMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation", "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SeriesBPreferredStockMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Outstanding nonredeemable series B preferred stock or outstanding series B preferred stock. Classified within stockholders' equity if nonredeemable or redeemable solely at the option of the issuer. Classified within temporary equity if redemption is outside the control of the issuer.", "label": "Series B Preferred Stock [Member]", "terseLabel": "Series B Preferred Stock", "verboseLabel": "Series B Preferred Stock" } } }, "localname": "SeriesBPreferredStockMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation", "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SeriesCPreferredStockMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Outstanding nonredeemable series C preferred stock or outstanding series C preferred stock. Classified within stockholders' equity if nonredeemable or redeemable solely at the option of the issuer. Classified within temporary equity if redemption is outside the control of the issuer.", "label": "Series C Preferred Stock [Member]", "terseLabel": "Series C Preferred Stock" } } }, "localname": "SeriesCPreferredStockMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation", "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ShareBasedCompensation": { "auth_ref": [ "r68" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 9.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Amount of noncash expense for share-based payment arrangement.", "label": "Share-based Payment Arrangement, Noncash Expense", "terseLabel": "Stock-based compensation expense" } } }, "localname": "ShareBasedCompensation", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows", "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod": { "auth_ref": [ "r171" ], "lang": { "en-US": { "role": { "documentation": "The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period", "terseLabel": "Restricted stock granted" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue": { "auth_ref": [ "r171" ], "lang": { "en-US": { "role": { "documentation": "The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value", "terseLabel": "Restricted stock granted, weighted average grant date fair value per share" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber": { "auth_ref": [ "r170" ], "lang": { "en-US": { "role": { "documentation": "The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number", "periodEndLabel": "Restricted stock outstanding as of end of period", "periodStartLabel": "Restricted stock outstanding as of beginning of period" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]", "terseLabel": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Rollforward]" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue": { "auth_ref": [ "r170" ], "lang": { "en-US": { "role": { "documentation": "Per share or unit weighted-average fair value of nonvested award under share-based payment arrangement. Excludes share and unit options.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value", "periodEndLabel": "Restricted stock as of end of period, nonvested, weighted average grant date fair value per share", "periodStartLabel": "Restricted stock as of beginning of period of period, nonvested, weighted average grant date fair value per share" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod": { "auth_ref": [ "r172" ], "lang": { "en-US": { "role": { "documentation": "The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period", "negatedTerseLabel": "Restricted stock vested" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue": { "auth_ref": [ "r172" ], "lang": { "en-US": { "role": { "documentation": "The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value", "terseLabel": "Restricted stock vested, weighted average grant date fair value per share" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Share-based Compensation Arrangement by Share-based Payment Award [Line Items]", "terseLabel": "Share-based Compensation Arrangement by Share-based Payment Award [Line Items]" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized": { "auth_ref": [ "r166" ], "lang": { "en-US": { "role": { "documentation": "Number of shares authorized for issuance under share-based payment arrangement.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized", "terseLabel": "Share-based incentive plan, number of shares authorized for issuance" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain": { "auth_ref": [ "r164", "r167" ], "lang": { "en-US": { "role": { "documentation": "Award under share-based payment arrangement.", "label": "Award Type [Domain]", "terseLabel": "Award Type [Domain]" } } }, "localname": "ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationSharebasedCompensationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy": { "auth_ref": [ "r76", "r165", "r168" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for award under share-based payment arrangement. Includes, but is not limited to, methodology and assumption used in measuring cost.", "label": "Share-based Payment Arrangement [Policy Text Block]", "terseLabel": "Share-based Compensation [Policy Text Block]" } } }, "localname": "ShareBasedCompensationOptionAndIncentivePlansPolicy", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_ShareholdersEquityAndShareBasedPaymentsTextBlock": { "auth_ref": [ "r160", "r175" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for shareholders' equity and share-based payment arrangement. Includes, but is not limited to, disclosure of policy and terms of share-based payment arrangement, deferred compensation arrangement, and employee stock purchase plan (ESPP).", "label": "Shareholders' Equity and Share-based Payments [Text Block]", "terseLabel": "Shareholders' Equity and Share-based Compensation" } } }, "localname": "ShareholdersEquityAndShareBasedPaymentsTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ShareholdersEquityandShareBasedCompensationNotes" ], "xbrltype": "textBlockItemType" }, "us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Number of shares used to settle grantee's tax withholding obligation for award under share-based payment arrangement.", "label": "Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation", "negatedTerseLabel": "Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation" } } }, "localname": "SharesPaidForTaxWithholdingForShareBasedCompensation", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "sharesItemType" }, "us-gaap_ShortMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicates the sale of a borrowed security or written option.", "label": "Short [Member]", "terseLabel": "Short position" } } }, "localname": "ShortMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "http://www.dynexcapital.com/role/DerivativesTBAsecuritiesDetails", "http://www.dynexcapital.com/role/DerivativesVolumeofActivityDetails", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_StatementClassOfStockAxis": { "auth_ref": [ "r6", "r7", "r8", "r151" ], "lang": { "en-US": { "role": { "documentation": "Information by the different classes of stock of the entity.", "label": "Class of Stock [Axis]", "terseLabel": "Class of Stock [Axis]" } } }, "localname": "StatementClassOfStockAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets", "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails", "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome", "http://www.dynexcapital.com/role/DocumentandEntityInformationDocumentandEntityInformation", "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_StatementEquityComponentsAxis": { "auth_ref": [ "r16", "r151" ], "lang": { "en-US": { "role": { "documentation": "Information by component of equity.", "label": "Equity Components [Axis]", "terseLabel": "Equity Components [Axis]" } } }, "localname": "StatementEquityComponentsAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "stringItemType" }, "us-gaap_StatementLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Statement [Line Items]", "terseLabel": "Statement [Line Items]" } } }, "localname": "StatementLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets", "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails", "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows", "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome", "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "stringItemType" }, "us-gaap_StatementOfCashFlowsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement of Cash Flows [Abstract]", "terseLabel": "Statement of Cash Flows [Abstract]" } } }, "localname": "StatementOfCashFlowsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfFinancialPositionAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement of Financial Position [Abstract]", "terseLabel": "Statement of Financial Position [Abstract]" } } }, "localname": "StatementOfFinancialPositionAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement of Comprehensive Income [Abstract]", "terseLabel": "Statement of Comprehensive Income [Abstract]" } } }, "localname": "StatementOfIncomeAndComprehensiveIncomeAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfStockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Statement of Stockholders' Equity [Abstract]", "terseLabel": "Statement of Stockholders' Equity [Abstract]" } } }, "localname": "StatementOfStockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementTable": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Schedule reflecting a Statement of Income, Statement of Cash Flows, Statement of Financial Position, Statement of Shareholders' Equity and Other Comprehensive Income, or other statement as needed.", "label": "Statement [Table]", "terseLabel": "Statement [Table]" } } }, "localname": "StatementTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets", "http://www.dynexcapital.com/role/ConsolidatedBalanceSheetsParentheticalDetails", "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows", "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome", "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "stringItemType" }, "us-gaap_StockIssuedDuringPeriodSharesNewIssues": { "auth_ref": [ "r7", "r8", "r151", "r159" ], "lang": { "en-US": { "role": { "documentation": "Number of new stock issued during the period.", "label": "Stock Issued During Period, Shares, New Issues", "terseLabel": "Stock issuance, shares" } } }, "localname": "StockIssuedDuringPeriodSharesNewIssues", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement", "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross": { "auth_ref": [ "r151", "r159" ], "lang": { "en-US": { "role": { "documentation": "Total number of shares issued during the period, including shares forfeited, as a result of Restricted Stock Awards.", "label": "Stock Issued During Period, Shares, Restricted Stock Award, Gross", "terseLabel": "Restricted stock granted, net of amortization" } } }, "localname": "StockIssuedDuringPeriodSharesRestrictedStockAwardGross", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "sharesItemType" }, "us-gaap_StockIssuedDuringPeriodValueNewIssues": { "auth_ref": [ "r7", "r8", "r151", "r159" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering.", "label": "Stock Issued During Period, Value, New Issues", "terseLabel": "Stock issuance, value" } } }, "localname": "StockIssuedDuringPeriodValueNewIssues", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement", "http://www.dynexcapital.com/role/ShareholdersEquityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross": { "auth_ref": [ "r7", "r8", "r151", "r159" ], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Aggregate value of stock related to Restricted Stock Awards issued during the period.", "label": "Stock Issued During Period, Value, Restricted Stock Award, Gross", "terseLabel": "Restricted stock granted, net of amortization" } } }, "localname": "StockIssuedDuringPeriodValueRestrictedStockAwardGross", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockRedeemedOrCalledDuringPeriodShares": { "auth_ref": [ "r151" ], "lang": { "en-US": { "role": { "documentation": "Number of stock bought back by the entity at the exercise price or redemption price.", "label": "Stock Redeemed or Called During Period, Shares", "terseLabel": "Stock Redeemed or Called During Period, Shares" } } }, "localname": "StockRedeemedOrCalledDuringPeriodShares", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "sharesItemType" }, "us-gaap_StockRedeemedOrCalledDuringPeriodValue": { "auth_ref": [ "r151" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Equity impact of the value of stock bought back by the entity at the exercise price or redemption price.", "label": "Stock Redeemed or Called During Period, Value", "terseLabel": "Stock Redeemed or Called During Period, Value" } } }, "localname": "StockRedeemedOrCalledDuringPeriodValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockRepurchasedDuringPeriodShares": { "auth_ref": [ "r7", "r8", "r151", "r159" ], "lang": { "en-US": { "role": { "documentation": "Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.", "label": "Stock Repurchased During Period, Shares", "negatedTerseLabel": "Stock Repurchased During Period, Shares" } } }, "localname": "StockRepurchasedDuringPeriodShares", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "sharesItemType" }, "us-gaap_StockRepurchasedDuringPeriodValue": { "auth_ref": [ "r7", "r8", "r151", "r159" ], "crdr": "debit", "lang": { "en-US": { "role": { "documentation": "Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.", "label": "Stock Repurchased During Period, Value", "negatedTerseLabel": "Stock Repurchased During Period, Value" } } }, "localname": "StockRepurchasedDuringPeriodValue", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Stockholders' Equity Attributable to Parent [Abstract]", "terseLabel": "Stockholders' Equity Attributable to Parent [Abstract]" } } }, "localname": "StockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest": { "auth_ref": [ "r182", "r183", "r186" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.", "label": "Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest", "periodEndLabel": "Balance", "periodStartLabel": "Balance", "totalLabel": "Total shareholders\u2019 equity" } } }, "localname": "StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedBalanceSheets", "http://www.dynexcapital.com/role/ConsolidatedStatementsofShareholdersEquityStatement" ], "xbrltype": "monetaryItemType" }, "us-gaap_SubsequentEventLineItems": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event.", "label": "Subsequent Event [Line Items]", "terseLabel": "Subsequent Event [Line Items]" } } }, "localname": "SubsequentEventLineItems", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/SubsequentEventsSubsequentEventsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventMember": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Identifies event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event [Member]", "terseLabel": "Subsequent Event [Member]" } } }, "localname": "SubsequentEventMember", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/SubsequentEventsSubsequentEventsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SubsequentEventTable": { "auth_ref": [ "r239" ], "lang": { "en-US": { "role": { "documentation": "Discloses pertinent information about one or more significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued.", "label": "Subsequent Event [Table]", "terseLabel": "Subsequent Event [Table]" } } }, "localname": "SubsequentEventTable", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/SubsequentEventsSubsequentEventsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventTypeAxis": { "auth_ref": [ "r239" ], "lang": { "en-US": { "role": { "documentation": "Information by event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event Type [Axis]", "terseLabel": "Subsequent Event Type [Axis]" } } }, "localname": "SubsequentEventTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/SubsequentEventsSubsequentEventsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventTypeDomain": { "auth_ref": [ "r239" ], "lang": { "en-US": { "role": { "documentation": "Event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event Type [Domain]", "terseLabel": "Subsequent Event Type [Domain]" } } }, "localname": "SubsequentEventTypeDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/SubsequentEventsSubsequentEventsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SubsequentEventsAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Subsequent Events [Abstract]", "terseLabel": "Subsequent Events [Abstract]" } } }, "localname": "SubsequentEventsAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventsTextBlock": { "auth_ref": [ "r241" ], "lang": { "en-US": { "role": { "documentation": "The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.", "label": "Subsequent Events [Text Block]", "terseLabel": "Subsequent Events" } } }, "localname": "SubsequentEventsTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/SubsequentEventsNotes" ], "xbrltype": "textBlockItemType" }, "us-gaap_SupplementalCashFlowInformationAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "label": "Supplemental Cash Flow Information [Abstract]", "terseLabel": "Supplemental Disclosure of Cash Activity:" } } }, "localname": "SupplementalCashFlowInformationAbstract", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_TransactionDomain": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Agreement between buyer and seller for the exchange of financial instruments.", "label": "Transaction [Domain]", "terseLabel": "Transaction [Domain]" } } }, "localname": "TransactionDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsOffsettingDetails" ], "xbrltype": "domainItemType" }, "us-gaap_TransactionTypeAxis": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Information by type of agreement between buyer and seller for the exchange of financial instruments.", "label": "Transaction Type [Axis]", "terseLabel": "Transaction Type [Axis]" } } }, "localname": "TransactionTypeAxis", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesOffsettingAssetsDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsOffsettingDetails" ], "xbrltype": "stringItemType" }, "us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsTableTextBlock": { "auth_ref": [ "r252" ], "lang": { "en-US": { "role": { "documentation": "Tabular disclosure of the nature and risks of short-term collateralized financing obtained through repurchase agreements, securities lending transactions and repurchase-to-maturity transactions, accounted for as secured borrowings.", "label": "Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Table Text Block]", "terseLabel": "Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Table Text Block]" } } }, "localname": "TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/RepurchaseAgreementsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_TransfersAndServicingOfFinancialAssetsTransfersOfFinancialAssetsFinancingsPolicy": { "auth_ref": [ "r76", "r242", "r250" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for recognizing whether a transfer of a financial asset is accounted for as a financing, and its initial and subsequent accounting for such a transaction.", "label": "Transfers and Servicing of Financial Assets, Transfers of Financial Assets, Financings, Policy [Policy Text Block]", "terseLabel": "Repurchase Agreements [Policy Text Block]" } } }, "localname": "TransfersAndServicingOfFinancialAssetsTransfersOfFinancialAssetsFinancingsPolicy", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain": { "auth_ref": [ "r253" ], "lang": { "en-US": { "role": { "documentation": "Instrument or contract that imposes a contractual obligation to deliver cash or another financial instrument or to exchange other financial instruments on potentially unfavorable terms and conveys a contractual right to receive cash or another financial instrument or to exchange other financial instruments on potentially favorable terms.", "label": "Financial Instruments [Domain]", "terseLabel": "Financial Instruments [Domain]" } } }, "localname": "TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/DerivativesDetails", "http://www.dynexcapital.com/role/DerivativesOffsettingLiabilitiesDetails", "http://www.dynexcapital.com/role/FairValueofFinancialInstrumentsDetails", "http://www.dynexcapital.com/role/InvestmentsinDebtSecuritiesInvestmentsinDebtSecuritiesDetails", "http://www.dynexcapital.com/role/RepurchaseAgreementsDetails", "http://www.dynexcapital.com/role/SubsequentEventsSubsequentEventsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_UnrealizedGainLossOnDerivativesAndCommodityContracts": { "auth_ref": [ "r69" ], "calculation": { "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of open derivatives, commodity, or energy contracts, held at each balance sheet date, that was included in earnings for the period.", "label": "Unrealized Gain (Loss) on Derivatives and Commodity Contracts", "negatedTerseLabel": "Loss on derivative instruments, net" } } }, "localname": "UnrealizedGainLossOnDerivativesAndCommodityContracts", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_UseOfEstimates": { "auth_ref": [ "r100", "r101", "r102", "r103", "r104", "r105", "r106" ], "lang": { "en-US": { "role": { "documentation": "Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles.", "label": "Use of Estimates, Policy [Policy Text Block]", "terseLabel": "Use of Estimates [Policy Text Block]" } } }, "localname": "UseOfEstimates", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/OrganizationandSummaryofSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS).", "label": "Weighted Average Number of Shares Outstanding, Basic and Diluted", "terseLabel": "Weighted average common shares-basic and diluted" } } }, "localname": "WeightedAverageNumberOfShareOutstandingBasicAndDiluted", "nsuri": "http://fasb.org/us-gaap/2019-01-31", "presentation": [ "http://www.dynexcapital.com/role/ConsolidatedStatementsofComprehensiveIncome" ], "xbrltype": "sharesItemType" } }, "unitCount": 5 } }, "std_ref": { "r0": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=118951113&loc=d3e6676-107765" }, "r1": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r10": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(3))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r100": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e5967-108592" }, "r101": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e5967-108592" }, "r102": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6161-108592" }, "r103": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6191-108592" }, "r104": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6061-108592" }, "r105": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6132-108592" }, "r106": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6143-108592" }, "r107": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "275", "URI": "http://asc.fasb.org/topic&trid=2134479" }, "r108": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r109": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599" }, "r11": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(32))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r110": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=118952595&loc=d3e4428-111522" }, "r111": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "10", "Topic": "310", "URI": "http://asc.fasb.org/subtopic&trid=2196772" }, "r112": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118954083&loc=d3e26610-111562" }, "r113": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118954083&loc=d3e26853-111562" }, "r114": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=SL6283291-111563" }, "r115": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27161-111563" }, "r116": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(aa)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27161-111563" }, "r117": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27161-111563" }, "r118": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27161-111563" }, "r119": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27198-111563" }, "r12": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.1)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r120": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27290-111563" }, "r121": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27357-111563" }, "r122": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=118939692&loc=d3e27357-111563" }, "r123": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "320", "URI": "http://asc.fasb.org/topic&trid=2196928" }, "r124": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(2)", "Topic": "323", "URI": "http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571" }, "r125": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919244-210447" }, "r126": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447" }, "r127": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919253-210447" }, "r128": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919258-210447" }, "r129": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=119407570&loc=SL82919230-210447" }, "r13": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19(b),22(b))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r130": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118942338&loc=SL82898722-210454" }, "r131": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955579&loc=SL82922888-210455" }, "r132": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955579&loc=SL82922895-210455" }, "r133": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118955579&loc=SL82922900-210455" }, "r134": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=118942371&loc=SL82922954-210456" }, "r135": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)(2)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275" }, "r136": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r137": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230" }, "r138": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14326-108349" }, "r139": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14615-108349" }, "r14": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19-26)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r140": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14435-108349" }, "r141": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14435-108349" }, "r142": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14557-108349" }, "r143": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=118942415&loc=d3e14557-108349" }, "r144": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/subtopic&trid=2127163" }, "r145": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "30", "Topic": "450", "URI": "http://asc.fasb.org/subtopic&trid=2127197" }, "r146": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "460", "URI": "http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249" }, "r147": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(CFRR 211.02)", "Topic": "480", "URI": "http://asc.fasb.org/extlink&oid=65877616&loc=d3e177068-122764" }, "r148": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=65888546&loc=d3e21300-112643" }, "r149": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21553-112644" }, "r15": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.28,29)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r150": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21564-112644" }, "r151": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644" }, "r152": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644" }, "r153": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21484-112644" }, "r154": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21488-112644" }, "r155": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21488-112644" }, "r156": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644" }, "r157": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644" }, "r158": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644" }, "r159": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.3-04)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770" }, "r16": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.29-31)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r160": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "505", "URI": "http://asc.fasb.org/topic&trid=2208762" }, "r161": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(ii)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r162": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(01)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r163": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118257860&loc=d3e4179-114921" }, "r164": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901" }, "r165": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901" }, "r166": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(3)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r167": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a),(g)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r168": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b),(f)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r169": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r17": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.8)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r170": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)(i)-(ii)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r171": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)(iii)(1)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r172": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)(iii)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r173": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(i)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r174": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901" }, "r175": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "718", "URI": "http://asc.fasb.org/topic&trid=2228938" }, "r176": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116821951&loc=d3e32247-109318" }, "r177": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116821951&loc=d3e32280-109318" }, "r178": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32809-109319" }, "r179": { "Name": "Accounting Standards Codification", "Paragraph": "19", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32840-109319" }, "r18": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=49176635&loc=d3e9760-107771" }, "r180": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32847-109319" }, "r181": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "05", "SubTopic": "30", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=65884525&loc=d3e40913-109327" }, "r182": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4568447-111683" }, "r183": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4568740-111683" }, "r184": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=d3e5614-111684" }, "r185": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c),(3)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684" }, "r186": { "Name": "Accounting Standards Codification", "Paragraph": "4I", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=116874947&loc=SL4590271-111686" }, "r187": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.3A-02)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=116822174&loc=d3e355033-122828" }, "r188": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.3A-03)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=116822174&loc=d3e355100-122828" }, "r189": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.3A-04)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=116822174&loc=d3e355119-122828" }, "r19": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312" }, "r190": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "810", "URI": "http://asc.fasb.org/topic&trid=2197479" }, "r191": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5579240-113959" }, "r192": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959" }, "r193": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959" }, "r194": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959" }, "r195": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5580258-113959" }, "r196": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(2)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=d3e41620-113959" }, "r197": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=d3e41620-113959" }, "r198": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=d3e41620-113959" }, "r199": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "c", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=d3e41638-113959" }, "r2": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(12))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r20": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312" }, "r200": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=d3e41638-113959" }, "r201": { "Name": "Accounting Standards Codification", "Paragraph": "4A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959" }, "r202": { "Name": "Accounting Standards Codification", "Paragraph": "4B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a),(c)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959" }, "r203": { "Name": "Accounting Standards Codification", "Paragraph": "4B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959" }, "r204": { "Name": "Accounting Standards Codification", "Paragraph": "4B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959" }, "r205": { "Name": "Accounting Standards Codification", "Paragraph": "4B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959" }, "r206": { "Name": "Accounting Standards Codification", "Paragraph": "4C", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959" }, "r207": { "Name": "Accounting Standards Codification", "Paragraph": "4C", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959" }, "r208": { "Name": "Accounting Standards Codification", "Paragraph": "4CC", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL109998890-113959" }, "r209": { "Name": "Accounting Standards Codification", "Paragraph": "4D", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5624177-113959" }, "r21": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312" }, "r210": { "Name": "Accounting Standards Codification", "Paragraph": "4D", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(1)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5624177-113959" }, "r211": { "Name": "Accounting Standards Codification", "Paragraph": "4D", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5624177-113959" }, "r212": { "Name": "Accounting Standards Codification", "Paragraph": "4E", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5624181-113959" }, "r213": { "Name": "Accounting Standards Codification", "Paragraph": "4F", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a),(b)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=SL5624186-113959" }, "r214": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=d3e41641-113959" }, "r215": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=d3e41675-113959" }, "r216": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=d3e41678-113959" }, "r217": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=d3e41678-113959" }, "r218": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=d3e41678-113959" }, "r219": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109980867&loc=d3e41678-113959" }, "r22": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(2)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312" }, "r220": { "Name": "Accounting Standards Codification", "Paragraph": "184", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=116861445&loc=SL5634876-113961" }, "r221": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "25", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=109977999&loc=d3e76258-113986" }, "r222": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "815", "URI": "http://asc.fasb.org/topic&trid=2229140" }, "r223": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r224": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r225": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bb)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r226": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bbb)(1)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r227": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bbb)(2)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r228": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r229": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r23": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(e)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312" }, "r230": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1a)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r231": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r232": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r233": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258" }, "r234": { "Name": "Accounting Standards Codification", "Paragraph": "6A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=SL6742756-110258" }, "r235": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=118260190&loc=d3e13433-108611" }, "r236": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "230", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=98513438&loc=d3e33268-110906" }, "r237": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391" }, "r238": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=114775744&loc=d3e28555-108399" }, "r239": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "855", "URI": "http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662" }, "r24": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312" }, "r240": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "855", "URI": "http://asc.fasb.org/extlink&oid=6842918&loc=SL6314020-165662" }, "r241": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "855", "URI": "http://asc.fasb.org/topic&trid=2122774" }, "r242": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=109221007&loc=SL6226446-111709" }, "r243": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=d3e107207-111719" }, "r244": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(1)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=d3e107207-111719" }, "r245": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=d3e107207-111719" }, "r246": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(3)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=d3e107207-111719" }, "r247": { "Name": "Accounting Standards Codification", "Paragraph": "4D", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=118948506&loc=SL51823488-111719" }, "r248": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)(1)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=109249958&loc=SL6224234-111729" }, "r249": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)(1)(i)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=109249958&loc=SL6224234-111729" }, "r25": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=51824906&loc=SL20225877-175312" }, "r250": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=109249958&loc=SL6224234-111729" }, "r251": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=109249958&loc=SL34722452-111729" }, "r252": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=109249958&loc=SL34722452-111729" }, "r253": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122625-111746" }, "r254": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(6)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122739-111746" }, "r255": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "860", "URI": "http://asc.fasb.org/topic&trid=2197590" }, "r256": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "940", "URI": "http://asc.fasb.org/extlink&oid=35710130&loc=d3e41645-110958" }, "r257": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "320", "Topic": "940", "URI": "http://asc.fasb.org/extlink&oid=35711157&loc=d3e42546-110969" }, "r258": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "320", "Topic": "940", "URI": "http://asc.fasb.org/subtopic&trid=2176304" }, "r259": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(1)(a))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r26": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313" }, "r260": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(11))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r261": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(15)(5))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r262": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(16))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r263": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(23))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r264": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(5))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r265": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(6))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r266": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.13(1))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r267": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.15(5))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r268": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.15)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878" }, "r269": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(22))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260" }, "r27": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226016-175313" }, "r270": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04.10)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260" }, "r271": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04.9)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260" }, "r272": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "320", "Topic": "942", "URI": "http://asc.fasb.org/subtopic&trid=2209399" }, "r273": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "405", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6957935&loc=d3e64057-112817" }, "r274": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(16))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r275": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(1))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r276": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(12))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r277": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(15)(5))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r278": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(2))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r279": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(23)(a)(4))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r28": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226024-175313" }, "r280": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(25))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r281": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.15(a))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910" }, "r282": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(18))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263" }, "r283": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=66023616&loc=d3e9120-115832" }, "r284": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12)", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=50485924&loc=d3e611133-123010" }, "r285": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "320", "Topic": "946", "URI": "http://asc.fasb.org/subtopic&trid=2324412" }, "r286": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "450", "Topic": "954", "URI": "http://asc.fasb.org/extlink&oid=6491354&loc=d3e6049-115624" }, "r287": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "450", "Topic": "954", "URI": "http://asc.fasb.org/extlink&oid=6491354&loc=d3e6052-115624" }, "r288": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "740", "Topic": "954", "URI": "http://asc.fasb.org/extlink&oid=6491622&loc=d3e9504-115650" }, "r289": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r29": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313" }, "r290": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r291": { "Name": "Form 10-Q", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-13" }, "r292": { "Name": "Forms 10-K, 10-Q, 20-F", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-1-" }, "r293": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r294": { "Name": "Regulation S-T", "Number": "232", "Publisher": "SEC", "Section": "405" }, "r295": { "Name": "Regulation S-X (SX)", "Number": "210", "Paragraph": "(m)", "Publisher": "SEC", "Section": "4", "Subparagraph": "(1)(iii)", "Subsection": "08" }, "r296": { "Name": "Rule 15c3-1", "Number": "240", "Publisher": "SEC", "Section": "15c3-1" }, "r3": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(20))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r30": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226003-175313" }, "r31": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226006-175313" }, "r32": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580" }, "r33": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580" }, "r34": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e637-108580" }, "r35": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e681-108580" }, "r36": { "Name": "Accounting Standards Codification", "Paragraph": "14A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669686-108580" }, "r37": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e689-108580" }, "r38": { "Name": "Accounting Standards Codification", "Paragraph": "17A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL34724391-108580" }, "r39": { "Name": "Accounting Standards Codification", "Paragraph": "17B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL34724394-108580" }, "r4": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(22))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r40": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580" }, "r41": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580" }, "r42": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669619-108580" }, "r43": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669625-108580" }, "r44": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=SL7669625-108580" }, "r45": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118930883&loc=d3e557-108580" }, "r46": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116657188&loc=SL116659661-227067" }, "r47": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=118951672&loc=d3e1436-108581" }, "r48": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(210.5-03(11))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r49": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(20))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r5": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(24))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r50": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(b)(4))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r51": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.1(e))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r52": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.3)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r53": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.4)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227" }, "r54": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3151-108585" }, "r55": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3179-108585" }, "r56": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a),(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3179-108585" }, "r57": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3179-108585" }, "r58": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3213-108585" }, "r59": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3255-108585" }, "r6": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(27))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r60": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3255-108585" }, "r61": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3291-108585" }, "r62": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3291-108585" }, "r63": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3291-108585" }, "r64": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3367-108585" }, "r65": { "Name": "Accounting Standards Codification", "Paragraph": "24", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3521-108585" }, "r66": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3536-108585" }, "r67": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3536-108585" }, "r68": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585" }, "r69": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585" }, "r7": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(28))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r70": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585" }, "r71": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=118932676&loc=d3e3044-108585" }, "r72": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=d3e4273-108586" }, "r73": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=d3e4297-108586" }, "r74": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=d3e4304-108586" }, "r75": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=98513485&loc=SL98516268-108586" }, "r76": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=84158767&loc=d3e18780-107790" }, "r77": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(a))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r78": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(d)(1))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r79": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(m)(1)(iii))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r8": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(29))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r80": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(d)(1))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r81": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(d),(e))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r82": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(m)(1)(a)(i))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r83": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(m)(1)(i)(A)(i))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r84": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(m)(1)(i)(A)(ii))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r85": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(m)(1)(i)(A))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r86": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(m)(1)(i)(B)(iii))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r87": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(n)(2))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r88": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(n))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690" }, "r89": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.12-04(a))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690" }, "r9": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682" }, "r90": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "235", "URI": "http://asc.fasb.org/topic&trid=2122369" }, "r91": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794" }, "r92": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "250", "URI": "http://asc.fasb.org/topic&trid=2122394" }, "r93": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1377-109256" }, "r94": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=117326831&loc=d3e1337-109256" }, "r95": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257" }, "r96": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257" }, "r97": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257" }, "r98": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=27010884&loc=d3e42851-122695" }, "r99": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e5967-108592" } }, "version": "2.1" } XML 40 R6.htm IDEA: XBRL DOCUMENT v3.20.1
    Consolidated Balance Sheets (Parenthetical) Details) - USD ($)
    $ in Thousands
    Mar. 31, 2020
    Dec. 31, 2019
    Pledged MBS of $3,268,796 and $5,024,625, respectively $ 3,224,750 $ 5,024,625
    Preferred Stock, Shares Authorized 50,000,000  
    Preferred Stock, Shares Outstanding 7,248,330 6,788,330
    Preferred Stock, Shares Issued 7,248,330 6,788,330
    Preferred Stock, Liquidation Preference, Value $ 181,208 $ 169,708
    Preferred Stock, Par or Stated Value Per Share $ 0.01  
    Common Stock, Shares Authorized 90,000,000  
    Common Stock, Shares, Issued 22,981,978 22,945,993
    Common Stock, Shares, Outstanding 22,981,978 22,945,993
    Common Stock, Par or Stated Value Per Share $ 0.01  
    XML 41 R2.htm IDEA: XBRL DOCUMENT v3.20.1
    Consolidated Balance Sheets - USD ($)
    $ in Thousands
    Mar. 31, 2020
    Dec. 31, 2019
    Assets [Abstract]    
    Cash and cash equivalents $ 51,411 $ 62,582
    Restricted cash 59,204 71,648
    Receivables from Brokers-Dealers and Clearing Organizations 1,503,571 0
    Mortgage-backed securities (including pledged of $5,024,625 and $3,511,604, respectively) 3,719,706 5,188,163
    Other Investments and Securities, at Cost 7,922 9,405
    Derivative assets 3,031 4,290
    Accrued interest receivable 23,104 26,209
    Other assets, net 6,269 8,307
    Total assets 5,374,218 5,370,604
    Liabilities:    
    Repurchase agreements 4,408,106 4,752,348
    Payable for unsettled securities 382,371 6,180
    Non-Recourse Debt 2,171 2,733
    Derivative liabilities 13,640 974
    Accrued interest payable 9,606 15,585
    Accrued dividends payable 5,424 6,280
    Other liabilities 2,293 3,516
     Total liabilities 4,823,611 4,787,616
    Stockholders' Equity Attributable to Parent [Abstract]    
    Preferred stock, par value $0.01 per share; 50,000,000 shares authorized; 7,248,330 and 6,788,330 shares issued and outstanding, respectively ($181,208 and $169,708 aggregate liquidation preference, respectively) 174,709 162,807
    Common stock, par value $0.01 per share, 90,000,000 shares authorized; 22,981,978 and 22,945,993 shares issued and outstanding, respectively 230 229
    Additional paid-in capital 858,203 858,347
    Accumulated other comprehensive income 246,778 173,806
    Accumulated deficit (729,313) (612,201)
     Total shareholders’ equity 550,607 582,988
    Total liabilities and shareholders’ equity $ 5,374,218 $ 5,370,604
    XML 42 R9999.htm IDEA: XBRL DOCUMENT v3.20.1
    Label Element Value
    Cumulative Effect of New Accounting Principle in Period of Adoption us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $ 548,000
    Accumulated Distributions in Excess of Net Income [Member]  
    Cumulative Effect of New Accounting Principle in Period of Adoption us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $ 548,000
    XML 43 R28.htm IDEA: XBRL DOCUMENT v3.20.1
    Derivatives (Details) - USD ($)
    3 Months Ended 12 Months Ended
    Mar. 31, 2020
    Mar. 31, 2019
    Dec. 31, 2019
    Derivative [Line Items]      
    Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net $ (195,567,000) $ (61,697,000)  
    Derivative assets, fair value 3,031,000   $ 4,290,000
    Derivative liabilities, fair value (13,640,000)   (974,000)
    Derivative Asset, Fair Value, Gross Asset 3,031,000   4,290,000
    Derivative Liability, Fair Value, Gross Liability 13,640,000   974,000
    Variation margin 1,557,000   9,265,000
    Derivative Liability, Notional Amount 1,177,500,000    
    Interest rate swaps      
    Derivative [Line Items]      
    Derivative Instruments Not Designated as Hedging Instruments, Loss (182,181,000) (71,764,000)  
    Interest rate swaption      
    Derivative [Line Items]      
    Derivative Instruments Not Designated as Hedging Instruments, Loss (573,000) 0  
    Derivative Asset, Fair Value, Gross Asset     573,000
    U.S. Treasury futures      
    Derivative [Line Items]      
    Derivative Instruments Not Designated as Hedging Instruments, Loss (8,447,000) (109,000)  
    Derivative Liability, Fair Value, Gross Liability (8,438,000)    
    Options on U.S. Treasury futures      
    Derivative [Line Items]      
    Derivative Instruments Not Designated as Hedging Instruments, Loss (10,727,000) 0  
    Derivative Asset, Fair Value, Gross Asset 3,031,000   2,883,000
    Long position | TBA securities      
    Derivative [Line Items]      
    Derivative Instruments Not Designated as Hedging Instruments, Gain 18,432,000 10,176,000  
    Derivative Asset, Fair Value, Gross Asset     834,000
    Short position | TBA securities      
    Derivative [Line Items]      
    Derivative Instruments Not Designated as Hedging Instruments, Gain   $ 0  
    Derivative Instruments Not Designated as Hedging Instruments, Loss (12,071,000)    
    Derivative Liability, Fair Value, Gross Liability $ 5,202,000   $ 974,000
    Not Designated as Hedging Instrument, Economic Hedge | Interest rate swaps      
    Derivative [Line Items]      
    Derivative, Average Fixed Interest Rate 1.34%   1.62%
    Derivative, Average Remaining Maturity 3 years 7 months 6 days   3 years 9 months 18 days
    Derivative Asset, Notional Amount $ 230,000,000   $ 4,225,000,000
    Not Designated as Hedging Instrument, Economic Hedge | Interest rate swaption      
    Derivative [Line Items]      
    Derivative assets, fair value 0   573,000
    Derivative instrument, cost basis [1]     6,180,000
    Derivative Asset, Fair Value, Gross Asset [1]     573,000
    Derivative Asset, Notional Amount 0   750,000,000 [1]
    Not Designated as Hedging Instrument, Economic Hedge | U.S. Treasury futures      
    Derivative [Line Items]      
    Derivative liabilities, fair value (8,438,000) [2]   0
    Derivative Liability, Notional Amount 1,177,500,000   0
    Not Designated as Hedging Instrument, Economic Hedge | Options on U.S. Treasury futures      
    Derivative [Line Items]      
    Derivative assets, fair value 3,031,000   2,883,000
    Derivative instrument, cost basis 14,884,000 [2]   4,359,000 [1]
    Derivative Asset, Fair Value, Gross Asset 3,031,000 [2]   2,883,000 [1]
    Derivative Asset, Notional Amount 1,700,000,000 [2]   1,350,000,000 [1]
    Not Designated as Hedging Instrument, Economic Hedge | Short position | TBA securities      
    Derivative [Line Items]      
    Derivative liabilities, fair value (5,202,000)   (974,000)
    Derivative Liability, Notional Amount 515,000,000   500,000,000
    Not Designated as Hedging Instrument, Trading | Long position | TBA securities      
    Derivative [Line Items]      
    Derivative assets, fair value 0   834,000
    Derivative Asset, Notional Amount $ 0   $ 435,000,000
    Maturity in three years or less | Not Designated as Hedging Instrument, Economic Hedge | Interest rate swaps      
    Derivative [Line Items]      
    Derivative, Average Fixed Interest Rate 1.61%   1.58%
    Derivative, Average Remaining Maturity 3 months 18 days   1 year 6 months
    Derivative Asset, Notional Amount $ 150,000,000   $ 2,860,000,000
    Maturity between 3 and 6 years | Not Designated as Hedging Instrument, Economic Hedge | Interest rate swaps      
    Derivative [Line Items]      
    Derivative, Average Fixed Interest Rate     1.43%
    Derivative, Average Remaining Maturity     4 years 8 months 12 days
    Derivative Asset, Notional Amount     $ 700,000,000
    Maturity between 6 and 10 years | Not Designated as Hedging Instrument, Economic Hedge | Interest rate swaps      
    Derivative [Line Items]      
    Derivative, Average Fixed Interest Rate 0.83%   1.78%
    Derivative, Average Remaining Maturity 9 years 10 months 24 days   9 years 4 months 24 days
    Derivative Asset, Notional Amount $ 80,000,000   $ 545,000,000
    Maturity greater than 10 years [Member] | Not Designated as Hedging Instrument, Economic Hedge | Interest rate swaps      
    Derivative [Line Items]      
    Derivative, Average Fixed Interest Rate     2.84%
    Derivative, Average Remaining Maturity     27 years 8 months 12 days
    Derivative Asset, Notional Amount     $ 120,000,000
    [1] All options outstanding as of December 31, 2019 expired during the first quarter of 2020.
    [2] All futures and options outstanding as of March 31, 2020 will expire in June of 2020
    XML 44 R20.htm IDEA: XBRL DOCUMENT v3.20.1
    Shareholders' Equity and Share-Based Compensation (Tables)
    3 Months Ended
    Mar. 31, 2020
    Equity [Abstract]  
    Dividends Declared
    Common Stock. The following table summarizes information regarding monthly dividend declarations on the Company’s common stock during the three months ended March 31, 2020:
    Three Months Ended
    March 31, 2020
    Declaration DateAmount DeclaredRecord DatePayment Date
    January 13, 2020$0.15  January 24, 2020February 3, 2020
    February 14, 20200.15  February 24, 2020March 2, 2020
    March 10, 20200.15  March 23, 2020April 1, 2020
    Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity The following table presents a rollforward of the restricted stock activity for the periods indicated:
    Three Months Ended
    March 31,
     20202019
    SharesWeighted Average Grant Date Fair Value Per Share
    Shares (1)
    Weighted Average Grant Date Fair Value Per Share (1)
    Restricted stock outstanding as of beginning of period119,213  $18.56  113,904  $19.19  
    Restricted stock granted67,511  17.10  50,817  18.30  
    Restricted stock vested(48,569) 19.02  (50,380) 19.12  
    Restricted stock outstanding as of end of period138,155  $17.69  114,341  $18.83  
    XML 45 R24.htm IDEA: XBRL DOCUMENT v3.20.1
    Repurchase Agreements (Details) - USD ($)
    $ in Thousands
    Mar. 31, 2020
    Dec. 31, 2019
    Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
    Assets Sold under Agreements to Repurchase, Repurchase Liability $ 4,408,106 $ 4,752,348
    Weighted Average Rate 1.71% 2.01%
    Fair Value of Collateral Pledged $ 4,699,822 $ 5,024,625
    Payable for unsettled securities 382,371 6,180
    Borrowings against securities sold, unsettled 1,442,492  
    Agency | Commercial Mortgage Backed Securities    
    Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
    Assets Sold under Agreements to Repurchase, Repurchase Liability $ 1,823,951 $ 1,735,848
    Weighted Average Rate 1.66% 1.98%
    Fair Value of Collateral Pledged $ 1,987,487 $ 1,901,452
    Agency | Residential Mortgage Backed Securities    
    Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
    Assets Sold under Agreements to Repurchase, Repurchase Liability $ 2,180,966 $ 2,594,645
    Weighted Average Rate 1.69% 1.96%
    Fair Value of Collateral Pledged $ 2,259,403 $ 2,647,638
    Agency | Interest-Only-Strip    
    Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
    Assets Sold under Agreements to Repurchase, Repurchase Liability $ 262,759 $ 255,912
    Weighted Average Rate 1.84% 2.30%
    Fair Value of Collateral Pledged $ 282,150 $ 282,522
    Non-Agency | Interest-Only-Strip    
    Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
    Assets Sold under Agreements to Repurchase, Repurchase Liability $ 140,430 $ 165,943
    Weighted Average Rate 2.30% 2.67%
    Fair Value of Collateral Pledged $ 170,782 $ 193,013
    XML 47 R21.htm IDEA: XBRL DOCUMENT v3.20.1
    Organization and Summary of Significant Accounting Policies (Details) - USD ($)
    $ in Thousands
    Mar. 31, 2020
    Dec. 31, 2019
    Mar. 31, 2019
    Dec. 31, 2018
    Accounting Policies [Abstract]        
    Cash and cash equivalents $ 51,411 $ 62,582    
    Restricted cash 59,204 71,648    
    Total cash, cash equivalents, and restricted cash shown on consolidated statement of cash flows $ 110,615 $ 134,230 $ 142,663 $ 88,704
    XML 48 R25.htm IDEA: XBRL DOCUMENT v3.20.1
    Repurchase Agreements Remaining Term to Maturity (Details) - USD ($)
    $ in Thousands
    Mar. 31, 2020
    Dec. 31, 2019
    Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
    Assets Sold under Agreements to Repurchase, Repurchase Liability $ 4,408,106 $ 4,752,348
    Assets Sold under Agreements to Repurchase, Interest Rate 1.71% 2.01%
    WAVG Original Term to Maturity 56 45
    Less than 30 days    
    Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
    Assets Sold under Agreements to Repurchase, Repurchase Liability $ 4,203,459 $ 2,078,185
    Assets Sold under Agreements to Repurchase, Interest Rate 1.70% 2.12%
    WAVG Original Term to Maturity 54 34
    30 to 90 days    
    Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
    Assets Sold under Agreements to Repurchase, Repurchase Liability $ 204,647 $ 2,674,163
    Assets Sold under Agreements to Repurchase, Interest Rate 1.80% 1.93%
    WAVG Original Term to Maturity 93 52
    XML 49 R29.htm IDEA: XBRL DOCUMENT v3.20.1
    Derivatives TBA securities (Details) - USD ($)
    $ in Thousands
    Mar. 31, 2020
    Dec. 31, 2019
    Derivative [Line Items]    
    Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value $ 3,031 $ 4,290
    Long position | Not Designated as Hedging Instrument, Trading | TBA securities    
    Derivative [Line Items]    
    Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value 0 834
    Cost Basis,TBA [1] 0 (441,327)
    Market value, TBA [2] 0 (442,161)
    Net carrying value, TBA [3] 0 (834)
    Short position | Not Designated as Hedging Instrument, Economic Hedge | TBA securities    
    Derivative [Line Items]    
    Cost Basis,TBA [1] (544,319) (519,143)
    Market value, TBA [2] (549,521) (520,117)
    Net carrying value, TBA [3] $ (5,202) $ 974
    [1] Implied cost basis represents the forward price to be paid for the underlying Agency MBS as if settled as of the date indicated.
    [2] Implied market value represents the estimated fair value of the underlying Agency MBS as if settled as of the date indicated
    [3] Net carrying value is the amount included on the consolidated balance sheets within “derivative assets (liabilities)” and represents the difference between the implied market value and the implied cost basis of the TBA security as of the date indicated.
    XML 50 R34.htm IDEA: XBRL DOCUMENT v3.20.1
    Fair Value of Financial Instruments Level 3 (Details)
    $ in Thousands
    3 Months Ended
    Mar. 31, 2020
    USD ($)
    Non-Agency MBS  
    Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
    Balance at the beginning of the period $ 1,690
    Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss) (116) [1]
    Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (105)
    Balance at the end of the period 1,562
    Loans Receivable  
    Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
    Balance at the beginning of the period 8,857 [2]
    Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings 312 [1]
    Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (615)
    Balance at the end of the period 7,922
    Interest Income | Non-Agency MBS  
    Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
    Accretion (amortization) (3) 93 [3]
    Interest Income | Loans Receivable  
    Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
    Accretion (amortization) (3) $ (8) [3]
    [1] Change in fair value for other non-Agency MBS is recorded as unrealized gain (loss) in “other comprehensive income” and change in fair value for mortgage loans is net of chargeoffs and recorded as unrealized gain (loss) in “fair value adjustments,net“
    [2] See Note 1 for information regarding the Company’s election of the fair value option for its mortgage loans effective January 1, 2020 which were previously reported at amortized cost. The beginning balance shown in this table represents the fair value of the mortgage loans after the cumulative adjustment of $(548) made to the amortized cost of $9,405 as of December 31, 2019.
    [3] Accretion (amortization) represents the amount of (premium) discount recognized in “interest income” during the period indicated.
    XML 51 R30.htm IDEA: XBRL DOCUMENT v3.20.1
    Derivatives Volume of Activity (Details)
    3 Months Ended
    Mar. 31, 2020
    USD ($)
    Derivative [Line Items]  
    Derivative Liability, Notional Amount $ 1,177,500,000
    Not Designated as Hedging Instrument, Economic Hedge | Interest rate swaps  
    Derivative [Line Items]  
    Derivative Asset, Notional Amount 4,225,000,000
    Notional Amount of Derivative Instruments Added (2,570,000,000)
    Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off (6,565,000,000)
    Derivative Asset, Notional Amount 230,000,000
    Not Designated as Hedging Instrument, Economic Hedge | Interest rate swaption  
    Derivative [Line Items]  
    Derivative Asset, Notional Amount 750,000,000 [1]
    Notional Amount of Derivative Instruments Added 0
    Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off (750,000,000)
    Derivative Asset, Notional Amount 0
    Not Designated as Hedging Instrument, Economic Hedge | U.S. Treasury futures  
    Derivative [Line Items]  
    Derivative Liability, Notional Amount 0
    Notional Amount of Derivative Instruments Added (1,477,500,000)
    Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off (300,000,000)
    Derivative Liability, Notional Amount 1,177,500,000
    Not Designated as Hedging Instrument, Economic Hedge | Options on U.S. Treasury futures  
    Derivative [Line Items]  
    Derivative Asset, Notional Amount 1,350,000,000 [1]
    Notional Amount of Derivative Instruments Added (2,000,000,000)
    Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off (1,650,000,000)
    Derivative Asset, Notional Amount 1,700,000,000 [2]
    Not Designated as Hedging Instrument, Economic Hedge | TBA securities | Short position  
    Derivative [Line Items]  
    Derivative Liability, Notional Amount 500,000,000
    Notional Amount of Derivative Instruments Added (830,000,000)
    Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off (815,000,000)
    Derivative Liability, Notional Amount 515,000,000
    Not Designated as Hedging Instrument, Trading | TBA securities | Long position  
    Derivative [Line Items]  
    Derivative Asset, Notional Amount 435,000,000
    Notional Amount of Derivative Instruments Added (1,905,000,000)
    Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off (2,340,000,000)
    Derivative Asset, Notional Amount $ 0
    [1] All options outstanding as of December 31, 2019 expired during the first quarter of 2020.
    [2] All futures and options outstanding as of March 31, 2020 will expire in June of 2020
    EXCEL 52 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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�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dx-20200331_htm.xml IDEA: XBRL DOCUMENT 0000826675 2020-01-01 2020-03-31 0000826675 us-gaap:CommonStockMember 2020-01-01 2020-03-31 0000826675 us-gaap:SeriesBPreferredStockMember 2020-01-01 2020-03-31 0000826675 us-gaap:SeriesCPreferredStockMember 2020-01-01 2020-03-31 0000826675 2020-04-30 0000826675 2020-03-31 0000826675 2019-12-31 0000826675 2019-01-01 2019-03-31 0000826675 us-gaap:PreferredStockMember 2019-12-31 0000826675 us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember 2019-12-31 0000826675 us-gaap:CommonStockMember 2019-12-31 0000826675 us-gaap:AdditionalPaidInCapitalMember 2019-12-31 0000826675 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-12-31 0000826675 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2019-12-31 0000826675 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2020-01-01 0000826675 2020-01-01 0000826675 us-gaap:PreferredStockMember 2020-01-01 2020-03-31 0000826675 us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember 2020-01-01 2020-03-31 0000826675 us-gaap:CommonStockMember 2020-01-01 2020-03-31 0000826675 us-gaap:AdditionalPaidInCapitalMember 2020-01-01 2020-03-31 0000826675 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2020-01-01 2020-03-31 0000826675 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-01-01 2020-03-31 0000826675 us-gaap:PreferredStockMember 2020-03-31 0000826675 us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember 2020-03-31 0000826675 us-gaap:CommonStockMember 2020-03-31 0000826675 us-gaap:AdditionalPaidInCapitalMember 2020-03-31 0000826675 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-03-31 0000826675 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2020-03-31 0000826675 us-gaap:PreferredStockMember 2018-12-31 0000826675 us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember 2018-12-31 0000826675 us-gaap:CommonStockMember 2018-12-31 0000826675 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0000826675 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0000826675 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2018-12-31 0000826675 2018-12-31 0000826675 us-gaap:PreferredStockMember 2019-01-01 2019-03-31 0000826675 us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember 2019-01-01 2019-03-31 0000826675 us-gaap:CommonStockMember 2019-01-01 2019-03-31 0000826675 us-gaap:AdditionalPaidInCapitalMember 2019-01-01 2019-03-31 0000826675 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2019-01-01 2019-03-31 0000826675 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-03-31 0000826675 us-gaap:PreferredStockMember 2019-03-31 0000826675 us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember 2019-03-31 0000826675 us-gaap:CommonStockMember 2019-03-31 0000826675 us-gaap:AdditionalPaidInCapitalMember 2019-03-31 0000826675 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-03-31 0000826675 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2019-03-31 0000826675 2019-03-31 0000826675 us-gaap:CommercialMortgageBackedSecuritiesMember dx:AgencyMember 2020-03-31 0000826675 us-gaap:ResidentialMortgageBackedSecuritiesMember dx:AgencyMember 2020-03-31 0000826675 us-gaap:InterestOnlyStripMember 2020-03-31 0000826675 us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember 2020-03-31 0000826675 us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2020-03-31 0000826675 us-gaap:CommercialMortgageBackedSecuritiesMember dx:AgencyMember 2019-12-31 0000826675 us-gaap:ResidentialMortgageBackedSecuritiesMember dx:AgencyMember 2019-12-31 0000826675 us-gaap:InterestOnlyStripMember 2019-12-31 0000826675 us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember 2019-12-31 0000826675 us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2019-12-31 0000826675 us-gaap:ResidentialMortgageBackedSecuritiesMember dx:AgencyMember 2020-01-01 2020-03-31 0000826675 us-gaap:ResidentialMortgageBackedSecuritiesMember dx:AgencyMember 2019-01-01 2019-03-31 0000826675 us-gaap:CommercialMortgageBackedSecuritiesMember dx:AgencyMember 2020-01-01 2020-03-31 0000826675 us-gaap:CommercialMortgageBackedSecuritiesMember dx:AgencyMember 2019-01-01 2019-03-31 0000826675 us-gaap:InterestOnlyStripMember dx:AgencyMember 2020-03-31 0000826675 us-gaap:InterestOnlyStripMember dx:AgencyMember 2019-12-31 0000826675 us-gaap:InterestOnlyStripMember dx:NonAgencyMember 2020-03-31 0000826675 us-gaap:InterestOnlyStripMember dx:NonAgencyMember 2019-12-31 0000826675 us-gaap:MaturityUpTo30DaysMember 2020-03-31 0000826675 us-gaap:MaturityUpTo30DaysMember 2019-12-31 0000826675 us-gaap:Maturity30To90DaysMember 2020-03-31 0000826675 us-gaap:Maturity30To90DaysMember 2019-12-31 0000826675 dx:JPMorganMember 2020-03-31 0000826675 us-gaap:InterestRateSwapMember 2020-01-01 2020-03-31 0000826675 us-gaap:InterestRateSwapMember 2019-01-01 2019-03-31 0000826675 us-gaap:InterestRateSwaptionMember 2020-01-01 2020-03-31 0000826675 us-gaap:InterestRateSwaptionMember 2019-01-01 2019-03-31 0000826675 us-gaap:FutureMember 2020-01-01 2020-03-31 0000826675 us-gaap:FutureMember 2019-01-01 2019-03-31 0000826675 us-gaap:ExchangeTradedOptionsMember 2020-01-01 2020-03-31 0000826675 us-gaap:ExchangeTradedOptionsMember 2019-01-01 2019-03-31 0000826675 us-gaap:ForwardContractsMember us-gaap:LongMember 2020-01-01 2020-03-31 0000826675 us-gaap:ForwardContractsMember us-gaap:LongMember 2019-01-01 2019-03-31 0000826675 us-gaap:ForwardContractsMember us-gaap:ShortMember 2020-01-01 2020-03-31 0000826675 us-gaap:ForwardContractsMember us-gaap:ShortMember 2019-01-01 2019-03-31 0000826675 us-gaap:ExchangeTradedOptionsMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember 2020-03-31 0000826675 us-gaap:ExchangeTradedOptionsMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember 2019-12-31 0000826675 us-gaap:InterestRateSwaptionMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember 2020-03-31 0000826675 us-gaap:InterestRateSwaptionMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember 2019-12-31 0000826675 us-gaap:ForwardContractsMember us-gaap:NotDesignatedAsHedgingInstrumentTradingMember us-gaap:LongMember 2020-03-31 0000826675 us-gaap:ForwardContractsMember us-gaap:NotDesignatedAsHedgingInstrumentTradingMember us-gaap:LongMember 2019-12-31 0000826675 us-gaap:FutureMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember 2020-03-31 0000826675 us-gaap:FutureMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember 2019-12-31 0000826675 us-gaap:ForwardContractsMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember us-gaap:ShortMember 2020-03-31 0000826675 us-gaap:ForwardContractsMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember us-gaap:ShortMember 2019-12-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember dx:MaturityinthreeyearsorlessMember 2020-03-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember dx:MaturityinthreeyearsorlessMember 2020-01-01 2020-03-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember dx:MaturityinthreeyearsorlessMember 2019-12-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember dx:MaturityinthreeyearsorlessMember 2019-01-01 2019-12-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember dx:Maturitybetween3and6yearsMember 2019-12-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember dx:Maturitybetween3and6yearsMember 2019-01-01 2019-12-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember dx:Maturitybetween6and10yearsMember 2020-03-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember dx:Maturitybetween6and10yearsMember 2020-01-01 2020-03-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember dx:Maturitybetween6and10yearsMember 2019-12-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember dx:Maturitybetween6and10yearsMember 2019-01-01 2019-12-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember dx:Maturitygreaterthan10yearsMember 2019-12-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember dx:Maturitygreaterthan10yearsMember 2019-01-01 2019-12-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember 2020-03-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember 2020-01-01 2020-03-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember 2019-12-31 0000826675 us-gaap:InterestRateSwapMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember 2019-01-01 2019-12-31 0000826675 us-gaap:InterestRateSwaptionMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember 2020-01-01 2020-03-31 0000826675 us-gaap:FutureMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember 2020-01-01 2020-03-31 0000826675 us-gaap:ExchangeTradedOptionsMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember 2020-01-01 2020-03-31 0000826675 us-gaap:ForwardContractsMember us-gaap:NotDesignatedAsHedgingInstrumentTradingMember us-gaap:LongMember 2020-01-01 2020-03-31 0000826675 us-gaap:ForwardContractsMember us-gaap:NotDesignatedAsHedgingInstrumentEconomicHedgeMember us-gaap:ShortMember 2020-01-01 2020-03-31 0000826675 us-gaap:ExchangeTradedOptionsMember 2020-03-31 0000826675 us-gaap:InterestRateSwaptionMember 2019-12-31 0000826675 us-gaap:ExchangeTradedOptionsMember 2019-12-31 0000826675 us-gaap:ForwardContractsMember us-gaap:LongMember 2019-12-31 0000826675 us-gaap:FutureMember 2020-03-31 0000826675 us-gaap:ForwardContractsMember us-gaap:ShortMember 2020-03-31 0000826675 us-gaap:ForwardContractsMember us-gaap:ShortMember 2019-12-31 0000826675 us-gaap:FairValueMeasurementsRecurringMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2020-03-31 0000826675 us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2019-12-31 0000826675 us-gaap:FairValueMeasurementsRecurringMember us-gaap:ExchangeTradedOptionsMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ExchangeTradedOptionsMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ExchangeTradedOptionsMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ExchangeTradedOptionsMember 2020-03-31 0000826675 us-gaap:FairValueMeasurementsRecurringMember us-gaap:ExchangeTradedOptionsMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ExchangeTradedOptionsMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ExchangeTradedOptionsMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ExchangeTradedOptionsMember 2019-12-31 0000826675 us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwaptionMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwaptionMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwaptionMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwaptionMember 2020-03-31 0000826675 us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwaptionMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwaptionMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwaptionMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:InterestRateSwaptionMember 2019-12-31 0000826675 us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:LongMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:LongMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:LongMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:LongMember 2020-03-31 0000826675 us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:LongMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:LongMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:LongMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:LongMember 2019-12-31 0000826675 us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:ShortMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:ShortMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:ShortMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:ShortMember 2020-03-31 0000826675 us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:ShortMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:ShortMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:ShortMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember us-gaap:ShortMember 2019-12-31 0000826675 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FutureMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:FutureMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:FutureMember 2020-03-31 0000826675 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:FutureMember 2020-03-31 0000826675 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FutureMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:FutureMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:FutureMember 2019-12-31 0000826675 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:FutureMember 2019-12-31 0000826675 us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember 2019-12-31 0000826675 us-gaap:LoansReceivableMember 2019-12-31 0000826675 us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember 2020-01-01 2020-03-31 0000826675 us-gaap:LoansReceivableMember 2020-01-01 2020-03-31 0000826675 us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember us-gaap:InterestIncomeMember 2020-01-01 2020-03-31 0000826675 us-gaap:LoansReceivableMember us-gaap:InterestIncomeMember 2020-01-01 2020-03-31 0000826675 us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember 2020-03-31 0000826675 us-gaap:LoansReceivableMember 2020-03-31 0000826675 us-gaap:SeriesCPreferredStockMember 2020-03-31 0000826675 us-gaap:SeriesAPreferredStockMember 2020-03-14 0000826675 us-gaap:SeriesAPreferredStockMember 2020-03-14 2020-03-14 0000826675 us-gaap:SeriesBPreferredStockMember 2020-03-16 0000826675 us-gaap:SeriesBPreferredStockMember 2020-03-16 2020-03-16 0000826675 us-gaap:SeriesBPreferredStockMember 2020-03-31 0000826675 2020-01-13 2020-01-13 0000826675 2020-01-01 2020-01-31 0000826675 us-gaap:CommonStockMember 2020-01-24 2020-01-24 0000826675 us-gaap:CommonStockMember 2020-01-01 2020-01-31 0000826675 2020-02-14 2020-02-14 0000826675 2020-02-01 2020-02-29 0000826675 us-gaap:CommonStockMember 2020-02-24 2020-02-24 0000826675 us-gaap:CommonStockMember 2020-02-01 2020-02-29 0000826675 2020-03-10 2020-03-10 0000826675 2020-03-01 2020-03-31 0000826675 us-gaap:CommonStockMember 2020-03-23 2020-03-23 0000826675 us-gaap:CommonStockMember 2019-03-01 2019-03-31 0000826675 us-gaap:RestrictedStockMember 2019-12-31 0000826675 us-gaap:RestrictedStockMember 2018-12-31 0000826675 us-gaap:RestrictedStockMember 2020-01-01 2020-03-31 0000826675 us-gaap:RestrictedStockMember 2019-01-01 2019-03-31 0000826675 us-gaap:RestrictedStockMember 2020-03-31 0000826675 us-gaap:RestrictedStockMember 2019-03-31 0000826675 us-gaap:CommercialMortgageBackedSecuritiesMember us-gaap:SubsequentEventMember 2020-05-11 shares iso4217:USD shares iso4217:USD pure dx:Agreements 0000826675 --12-31 2020 Q1 false 10-Q true 2020-03-31 false 1-9819 DYNEX CAPITAL, INC. VA 52-1549373 4991 Lake Brook Drive, Suite 100 4991 Lake Brook Drive, Suite 100 Glen Allen, VA 23060-9245 (804) 217-5800 Common Stock, par value $.01 per share DX NYSE 7.625% Series B Cumulative Redeemable Preferred Stock, par value $0.01 per share DXPRB NYSE 6.90% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01 per share DXPRC NYSE Yes Yes Accelerated Filer false false false 22981978 0.01 51411000 62582000 59204000 71648000 1503571000 0 3224750000 5024625000 3719706000 5188163000 7922000 9405000 3031000 4290000 23104000 26209000 6269000 8307000 5374218000 5370604000 4408106000 4752348000 382371000 6180000 2171000 2733000 13640000 974000 9606000 15585000 5424000 6280000 2293000 3516000 4823611000 4787616000 0.01 50000000 7248330 7248330 6788330 6788330 181208000 169708000 174709000 162807000 0.01 90000000 22981978 22981978 22945993 22945993 230000 229000 858203000 858347000 246778000 173806000 -729313000 -612201000 550607000 582988000 5374218000 5370604000 39822000 39957000 22101000 26276000 17721000 13681000 -195567000 -61697000 84783000 0 372000 13000 -423000 -231000 2163000 1898000 2458000 2056000 -98479000 -52214000 3841000 3059000 3914000 0 -106234000 -55273000 157755000 86632000 84783000 0 0 165000 72972000 86467000 -33262000 31194000 -4.63 -2.42 22963000 22812000 6788330 162807000 22945993 229000 858347000 173806000 -612201000 582988000 548000 548000 4460000 107988000 0 0 0 107988000 4000000 96086000 3914000 100000000 67511 1000 306000 307000 18782 0 206000 206000 12744 0 235000 235000 9000 9000 98479000 -98479000 3841000 3841000 10330000 10330000 72972000 72972000 72972000 7248330 174709000 22981978 230000 858203000 246778000 -729313000 550607000 5954594 142883000 20939073 209000 818861000 -35779000 -399021000 527153000 213468 5015000 3109047 31000 53841000 58887000 50821 1000 297000 298000 -16231 0 296000 296000 212000 212000 -52214000 -52214000 3059000 3059000 12350000 12350000 86467000 86467000 6168062 147898000 24082710 241000 872491000 50688000 -466644000 604674000 -98479000 -52214000 -3105000 5056000 -5979000 2631000 -195567000 -61697000 84783000 0 -372000 -13000 33118000 31083000 499000 222000 307000 298000 -254000 -1625000 43981000 40299000 155594000 1019100000 140032000 73817000 487464000 0 615000 646000 187822000 62382000 0 102000 284695000 -1007121000 16555552000 32608826000 16899794000 31623917000 -569000 -242000 107988000 5015000 0 53872000 100000000 0 0 185000 206000 0 235000 296000 15027000 22292000 -352291000 1020781000 -23615000 53959000 134230000 88704000 110615000 142663000 28074000 23807000 ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES<div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Organization</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Dynex Capital, Inc. (“Company”) was incorporated in the Commonwealth of Virginia on December 18, 1987 and commenced operations in February 1988. The Company is an internally managed mortgage real estate investment trust, or mortgage REIT, which primarily earns income from investing on a leveraged basis in debt securities, the majority of which are specified pools of Agency mortgage-backed securities (“MBS”) consisting of commercial MBS (“CMBS”), residential MBS (“RMBS”), and CMBS interest-only (“IO”) securities and non-Agency MBS, which consist mainly of CMBS IO. Agency MBS have a guaranty of principal payment by a U.S. government-sponsored entity (“GSE”) such as Fannie Mae and Freddie Mac which are in conservatorship and are currently supported by a senior preferred stock purchase agreement from U.S. Treasury. Non-Agency MBS are issued by non-governmental enterprises and do not have a guaranty of principal payment. The Company also invests in other types of mortgage-related securities, such as to-be-announced securities (“TBAs” or “TBA securities”). </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Impact of COVID-19</span></div><div><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> As a result of the economic, health and market turmoil brought about by the corononavirus (“COVID-19”) pandemic, fixed income and equity markets experienced severe disruption during mid-March of 2020, including securities in which we invest, which caused asset prices to fall and margin calls from derivative and repurchase agreement counterparties to increase. The Agency MBS market largely stabilized after the Federal Reserve announced that it would purchase Agency RMBS and CMBS as well as U.S. Treasuries in the amounts needed to support smooth market functioning. In addition, the U.S. Congress passed the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act to provide economic relief to individuals, businesses, state and local governments, and the health care system. The CARES Act includes mortgage loan forbearance and modification programs to qualifying borrowers who may have difficulty making their loan payments and individual states have adopted similar policies addressing loan payments, rent payments, foreclosures and evictions. The Company is not able to predict the impact these policies may have on its investments at this time. The impact of forbearance on the Company’s MBS could range from immaterial to significant depending on actual losses incurred on underlying loans as well as future public policy choices, and actions by the GSEs, their regulator the Federal Housing Finance Authority ("FHFA"), the Federal Reserve, and federal and state governments. There can be no assurance as to how these and other actions by the U.S. government will affect the efficiency, liquidity and stability of the financial and mortgage markets. To the extent the financial or mortgage markets do not respond favorably to any of these actions, or such actions do not function as intended, our business, results of operations and financial condition may be materially adversely affected.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">As interest rates rallied given uncertainty around the impact of COVID-19, the Company sold a significant portion of its Agency RMBS portfolio in early March prior to asset prices falling, realizing significant gains upon sale. The Company also terminated the majority of its interest rate swaps given the reduction in the size of its portfolio and the lower interest rate environment. In addition, as explained in Note 7, the Company has subsequently sold a significant portion of its Agency CMBS since March 31, 2020. At this time, the Company is uncertain as to the amount and timing of reinvestment of these proceeds and for the very near-term is focused on book value and capital preservation. Details on management’s actions taken in response to the market disruption caused by COVID-19 are described within certain of these Notes to the Unaudited Consolidated Financial Statements.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Basis of Presentation</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The accompanying unaudited consolidated financial statements of the Company and its subsidiaries (together, “Dynex” or, as appropriate, the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to the Quarterly Report on Form 10-Q and Article 10, Rule 10-01 of Regulation S-X promulgated by the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all significant adjustments, consisting of normal recurring accruals, considered necessary for a fair presentation of the consolidated financial statements have been included; however, uncertainty over the continuing impact that COVID-19 will have on the global economy and on the Company’s business makes any estimates and assumptions as of March 31, 2020 inherently less certain than they would be absent the current and potential impacts of </span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">COVID-19. Operating results for the three months ended March 31, 2020 are not necessarily indicative of the results that may be expected for any other interim periods or for the entire year ending December 31, 2020. The unaudited consolidated financial statements included herein should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 (the “2019 Form 10-K”) filed with the SEC.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;">All references to common shares, per common share amounts, and restricted stock have been adjusted to reflect the </span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;">effect of the Company’s 1-for-3 reverse stock split effected on June 20, 2019 for all periods presented.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Consolidation and Variable Interest Entities</span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The consolidated financial statements include the accounts of the Company and the accounts of its majority owned subsidiaries and variable interest entities (“VIE”) for which it is the primary beneficiary. All intercompany accounts and transactions have been eliminated in consolidation.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company consolidates a VIE if the Company is determined to be the VIE’s primary beneficiary, which is defined as the party that has both: (i) the power to control the activities that most significantly impact the VIE’s financial performance and (ii) the right to receive benefits or absorb losses that could potentially be significant to the VIE. The Company reconsiders its evaluation of whether to consolidate a VIE on an ongoing basis, based on changes in the facts and circumstances pertaining to the VIE.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company consolidates a securitization trust, which has residential mortgage loans included in “mortgage loans held for investment” on its consolidated balance sheet, of which a portion is pledged as collateral for one remaining bond recorded as “non-recourse collateralized financing” on its consolidated balance sheet. The Company owns the subordinate class in the trust and has been deemed the primary beneficiary. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Though the Company invests in Agency and non-Agency MBS which are generally considered to be interests in VIEs, the Company does not consolidate these entities because it does not meet the criteria necessary to be deemed a primary beneficiary. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Use of Estimates</span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported amounts of revenue and expenses during the reported period. Actual results could differ from those estimates. The most significant estimates used by management include, but are not limited to, amortization of premiums and discounts and fair value measurements of its investments. These items are discussed further below within this note to the consolidated financial statements.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Income Taxes</span></div><div><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company has elected to be taxed as a real estate investment trust (“REIT”) under the Internal Revenue Code of 1986 and the corresponding provisions of state law. To qualify as a REIT, the Company must meet certain tests including investing in primarily real estate-related assets and the required distribution of at least 90% of its annual REIT taxable income to shareholders after consideration of its net operating loss (“NOL”) carryforward and not including taxable income retained in its taxable subsidiaries. As a REIT, the Company generally will not be subject to federal income tax on the amount of its income or capital gains that is distributed as dividends to shareholders.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company assesses its tax positions for all open tax years and determines whether the Company has any material unrecognized liabilities and records these liabilities, if any, to the extent they are deemed more likely than not to have been incurred.</span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Net Income (Loss) Per Common Share</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company calculates basic net income per common share by dividing net income to common shareholders for the period by weighted-average shares of common stock outstanding for that period. The Company did not have any potentially dilutive securities outstanding during the three months ended March 31, 2020 or March 31, 2019.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Holders of unvested shares of the Company’s issued and outstanding restricted common stock are eligible to receive non-forfeitable dividends. As such, these unvested shares are considered participating securities and therefore are included in the computation of basic net income per common share using the two-class method. Upon vesting, restrictions on transfer expire on each share of restricted stock, and each such share of restricted stock represents one unrestricted share of common stock.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Because the Company’s 7.625% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) and its 6.9000% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) (collectively, the “Preferred Stock”) are redeemable at the Company’s option for cash only and may convert into shares of common stock only upon a change of control of the Company (and subject to other circumstances) as described in Article IIIB and Article IIIC of the Company’s Articles of Amendment to the Restated Articles of Incorporation (the “Restated Articles of Incorporation, as amended”), the effect of those shares and their related dividends is excluded from the calculation of diluted net income per common share.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company’s weighted average common shares outstanding and net loss per common share amounts presented on its consolidated statement of comprehensive income for the three months ended March 31, 2019 have been restated to reflect the effect of the 1-for-3 reverse stock split effected by the Company in June of 2019.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Cash and Cash Equivalents</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;">Cash and cash equivalents include highly liquid investments with original maturities of three months or less as well as unrestricted demand deposits at highly rated financial institutions. The Company’s cash balances fluctuate throughout the year and may exceed Federal Deposit Insurance Company insured limits from time to time. Although the Company bears risk to amounts in excess of those insured by the FDIC, it does not anticipate any losses as a result.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Restricted Cash</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Restricted cash consists of cash the Company has pledged to cover initial and variation margin with its financing and certain derivative counterparties.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on the Company's consolidated balance sheet as of March 31, 2020 that sum to the total of the same such amounts shown on the Company’s consolidated statement of cash flows for the three months ended March 31, 2020:</span></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:77.464%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:17.792%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Cash and cash equivalents</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">51,411 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Restricted cash</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">59,204 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total cash, cash equivalents, and restricted cash shown on consolidated statement of cash flows</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">110,615 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Mortgage-Backed Securities</span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company’s MBS are designated as available-for-sale (“AFS”) and are recorded at fair value on the Company’s consolidated balance sheet. Changes in unrealized gain (loss) on the Company’s MBS are reported in other comprehensive income (“OCI”) until the investment is sold or matures. Although the Company generally intends to hold its AFS securities until maturity, it may sell any of these securities as part of the overall management of its business. Upon the sale of an AFS security, any unrealized gain or loss is reclassified out of accumulated other comprehensive income (“AOCI”) into net income as a realized “gain (loss) on sale of investments, net” using the specific identification method.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The fair value of the Company’s MBS pledged as collateral against repurchase agreements is disclosed parenthetically on the Company’s consolidated balance sheets.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration: underline;">Interest Income, Premium Amortization, and Discount Accretion.</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;"> </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Interest income on MBS is accrued based on the outstanding principal balance (or notional balance in the case of interest-only, or “IO” securities) and their contractual terms. Premiums or discounts associated with the purchase of Agency MBS as well as any non-Agency MBS rated ‘AA’ and higher are amortized or accreted into interest income over the projected life of such securities using the effective yield method, and adjustments to premium amortization and discount accretion are made for actual cash payments. The Company’s projections of future cash payments are based on input and analysis received from external sources and internal models and include assumptions about the amount and timing of loan prepayment rates, fluctuations in interest rates, credit losses, and other factors. On at least a quarterly basis, the Company reviews and makes any necessary adjustments to its cash flow projections and updates the yield recognized on these assets.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company does not currently hold any non-Agency MBS that were purchased at a discount with credit ratings of less than ‘AA’ or not rated by any of the nationally recognized credit rating agencies at the time of purchase. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration: underline;">Determination of MBS Fair Value.</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;"> </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company estimates the fair value of the majority of its MBS based upon prices obtained from third-party pricing services and broker quotes. The remainder of the Company’s MBS are valued by discounting the estimated future cash flows derived from cash flow models that utilize information such as the security’s coupon rate, estimated prepayment speeds, expected weighted average life, collateral composition, estimated future interest rates, expected losses, and credit enhancements as well as certain other relevant information. Please refer to </span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;"><a href="#i4bdf39cce8c74c6881cdd36f0db478cf_112" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">Note 5</a></span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> for further discussion of MBS fair value measurements.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration: underline;">Allowance for Credit Losses.</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;"> </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company recently adopted Accounting Standards Codification Topic 326, </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Financial Instruments - Credit Losses</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">. On at least a quarterly basis, the Company evaluates any MBS with a fair value less than its amortized cost for credit losses. If the difference between the present value of cash flows expected to be collected on the MBS is less than its amortized cost, the difference is recorded as an allowance for credit loss through net income up to and not exceeding the amount that the amortized cost exceeds current fair value. Subsequent changes in credit loss estimates are recognized in earnings in the period in which they occur. Because the majority of the Company’s investments are higher credit quality and most are guaranteed by a GSE, the Company is not likely to have an allowance for credit losses recorded on its consolidated balance sheet.</span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Repurchase Agreements</span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company’s repurchase agreements, which are used to finance its purchases of MBS, are accounted for as secured borrowings under which the Company pledges its securities as collateral to secure a loan, which is equal in value to a specified percentage of the estimated fair value of the pledged collateral. The Company retains beneficial ownership of the pledged collateral. At the maturity of a repurchase agreement, the Company is required to repay the loan and concurrently receives back its pledged collateral from the lender or, with the consent of the lender, the Company may renew the agreement at the then prevailing financing rate. A repurchase agreement lender may require the Company to pledge additional collateral in the event of a decline in the fair value of the collateral pledged. Repurchase agreement financing is recourse to the Company and the assets pledged. Most of the Company’s repurchase agreements are based on the September 1996 version of the Bond Market Association Master Repurchase Agreement, which generally provides that the lender, as buyer, is responsible for obtaining collateral valuations from a generally recognized source agreed to by both the Company and the lender, or, in an instance when such source is not available, the value determination is made by the lender.</span></div><div><span><br/></span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Derivative Instruments</span></div><div><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> The Company’s derivative instruments include interest rate swaps, futures, options, and forward contracts for the purchase or sale of Agency RMBS on a non-specified pool basis, commonly referred to as to-be-announced (“TBA”) securities. Derivative instruments are reported at their fair value on the Company’s consolidated balance sheet as derivative assets if in a gain position or as derivative liabilities if in a loss position, at the end of the period reported. All periodic interest benefits/costs and changes in fair value of derivative instruments, including gains and losses realized upon termination, maturity, or settlement are recorded in “gain (loss) on derivative instruments, net” on the Company’s consolidated statement of comprehensive income (loss). Cash receipts and payments related to derivative instruments are classified in the investing activities section of the consolidated statements of cash flows in accordance with the underlying nature or purpose of the derivative transactions. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Generally, the Company enters into pay-fixed interest rate swaps, which involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the interest rate swap without exchange of the underlying notional amount. From time to time the Company may also enter into receive-fixed interest rate swaps that involve the receipt of fixed-rate amounts from a counterparty in exchange for the Company making variable-rate payments over the life of the interest rate swap without exchange of the underlying notional amount. The Company’s interest rate swap agreements are centrally cleared through the Chicago Mercantile Exchange (“CME”). The Company’s CME cleared swaps require that the Company post initial margin as collateral, and in addition, variation margin is exchanged, typically in cash, for changes in the fair value of the CME cleared swaps. The exchange of variation margin for CME cleared swaps is legally considered to be the settlement of the derivative itself as opposed to a pledge of collateral. Accordingly, the Company accounts for the daily exchange of variation margin associated with its CME cleared interest rate swaps as a direct increase or decrease to the carrying value of the related derivative asset or liability. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company may also enter into long and short positions in U.S. Treasury futures contracts. U.S. Treasury futures are valued based on exchange pricing with daily margin settlements. The Company realizes gains or losses on these contracts upon expiration at an amount equal to the difference between the current fair value of the underlying asset and the contractual price of the futures contract. Unlike interest rate swaps, the Company does not treat the daily margin exchanges for its U.S. Treasury futures as legal settlement of the instrument. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company currently holds put options on U.S. Treasury futures which provide the Company the right, but not an obligation, to buy U.S. Treasury futures at a predetermined notional amount and stated term in the future. Put options on U.S. Treasury futures are valued based on exchange pricing without daily exchanges of margin amounts. The Company records the premium paid for the option contract as a derivative asset on its consolidated balance sheet and adjusts the balance for changes in fair value through “gain (loss) on derivative instruments” until the option is exercised or the contract expires. The Company may also purchase options for interest rate swaps (“interest rate swaptions”) which are accounted for similarly. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">A TBA security is a forward contract (“TBA contract”) for the purchase (“long position”) or sale (“short position”) of a non-specified Agency MBS at a predetermined price with certain principal and interest terms and certain types of collateral, but the particular Agency securities to be delivered are not identified until shortly before the settlement date. The </span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Company accounts for long and short positions in TBAs as derivative instruments because the Company cannot assert that it is probable at inception and throughout the term of an individual TBA transaction that its settlement will result in physical delivery of the underlying Agency RMBS or that the individual TBA transaction will not settle in the shortest time period possible. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Please refer to </span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;"><a href="#i4bdf39cce8c74c6881cdd36f0db478cf_109" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">Note 4</a></span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> for additional information regarding the Company’s derivative instruments as well as </span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;"><a href="#i4bdf39cce8c74c6881cdd36f0db478cf_112" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">Note 5</a></span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> for information on how the fair value of these instruments are calculated.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Share-Based Compensation</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Pursuant to the Company’s 2018 Stock and Incentive Plan (“2018 Plan”), the Company may grant share-based compensation to eligible employees, non-employee directors or consultants or advisors to the Company, including restricted stock awards, stock options, stock appreciation rights, performance units, restricted stock units, and performance cash awards. The Company’s restricted stock currently issued and outstanding may be settled only in shares of its common stock, and therefore are treated as equity awards with their fair value measured at the grant date and recognized as compensation cost over the requisite service period with a corresponding credit to shareholders’ equity. The requisite service period is the period during which a participant is required to provide service in exchange for an award, which is equivalent to the vesting period specified in the terms of the time-based restricted stock award. None of the Company’s restricted stock awards have performance-based conditions. The Company does not currently have any share-based compensation issued or outstanding other than restricted stock issued to its employees, officers, and directors. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Contingencies</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">In the normal course of business, there may be various lawsuits, claims, and other contingencies pending against the Company. On a quarterly basis, the Company evaluates whether to establish provisions for estimated losses from those matters. The Company recognizes a liability for a contingent loss when: (a) the underlying causal event has occurred prior to the balance sheet date; (b) it is probable that a loss has been incurred; and (c) there is a reasonable basis for estimating that loss. A liability is not recognized for a contingent loss when it is only possible or remotely possible that a loss has been incurred, however, possible contingent losses shall be disclosed. If the contingent loss (or an additional loss in excess of any accrual) is at least a reasonable possibility and material, then the Company discloses a reasonable estimate of the possible loss or range of loss, if such reasonable estimate can be made. If the Company cannot make a reasonable estimate of the possible material loss, or range of loss, then that fact is disclosed. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;">As previously disclosed in the 2019 Form 10-K, the receiver (the “Receiver”) for one of the plaintiffs awarded damages in a judgment (the "DCI Judgment") against Dynex Commercial, Inc. ("DCI"), a subsidiary of a former affiliate of the Company, filed a separate claim in May 2018 against the Company seeking payment of the damages awarded in connection with the DCI Judgment, alleging that the Company breached a litigation cost sharing agreement, as amended (the "Agreement", that was initially entered into by the Company and DCI in December 2000. On November 21, 2019, the U.S. District Court, Northern District of Texas ("Northern District Court") granted in part and denied in part summary judgment on the Receiver’s claim and the Company’s claim for offset and recoupment. The Northern District Court found that the Company breached the Agreement and therefore must pay damages to the Receiver. The Northern District Court simultaneously granted the Company’s motion for summary judgment finding that DCI also breached the Agreement and that the Company can recover amounts due to it from DCI under the Agreement. The Receiver subsequently filed a claim for damages with the Northern District Court of approximately $12,600, while the Company filed claims for damages ranging from $13,300 to $30,600, including interest. The Receiver filed objections (the "Objections") with the Northern District Court to, among other things, the Company recovering amounts incurred prior to entry into the Agreement and amounts incurred under the Agreement after January 31, 2006, including interest, which is the date that DCI’s corporate existence ceased under Virginia law. The Company has disputed, among other things, that the Receiver's Objections as not supportable under Virginia law and has further refined its damages claim to range from $13,300 based on simple interest to $17,800 based on a combination of simple and compound interest, which the Company believes is supportable under Virginia law. On March 5, 2020, the Company filed its response to the DCI Plaintiffs opening brief filed on February 4, 2020 in the Court of Appeals for the Fifth Circuit. There have been no other material developments in this matter during the three months ended March 31, 2020. After consultation with litigation counsel, the Company believes, based upon information currently available and its evaluation of Virginia law, that the likelihood of loss is not probable, and given the range of potential claims for damages by the Company to offset the Receiver's claims, the amount of possible loss cannot be reasonably estimated, and therefore, no </span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;">contingent liability has been recorded.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Recently Issued and Adopted Accounting Pronouncements</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company reviews all Accounting Standards Updates (“ASU”) issued by the Financial Accounting Standards Board (“FASB”) on at least a quarterly basis to evaluate applicability and significance of any impact on its financial condition and results of operations. There were no accounting pronouncements issued during the three months ended March 31, 2020 that are expected to have a material impact on the Company’s financial condition or results of operations.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">As of January 1, 2020, the Company elected the fair value option for its mortgage loans held for investment pursuant to the provisions of ASU No. 2019-05, </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Financial Instruments—Credit Losses (Topic 326) Targeted Transition Relief, </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">which was issued in May of 2019. Management chose to elect the fair value option for its mortgage loans because the majority of the Company’s investments are represented on its consolidated balance sheet at fair value. The election of the fair value option resulted in a cumulative adjustment of $(548) to retained earnings on its consolidated balance sheet as of January 1, 2020. The Company does not expect its election of the fair value option for its mortgage loans to have a material impact on its future consolidated financial statements.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;">In March 2020, FASB issued ASU 2020-04,</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%;"> Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting,</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;"> which provides optional expedients and exceptions to GAAP requirements for modifications on debt instruments, leases, derivatives, and other contracts, related to the expected market transition from LIBOR, and certain other floating rate benchmark indices to alternative reference rates. ASU 2020-04 generally considers contract modifications related to reference rate reform to be an event that does not require contract remeasurement at the modification date nor a reassessment of a previous accounting determination. The guidance in ASU 2020-04 is optional and may be elected over time, through December 31, 2022, as reference rate reform activities occur. The Company does not believe this ASU will have a material impact on its consolidated financial statements.</span></div> OrganizationDynex Capital, Inc. (“Company”) was incorporated in the Commonwealth of Virginia on December 18, 1987 and commenced operations in February 1988. The Company is an internally managed mortgage real estate investment trust, or mortgage REIT, which primarily earns income from investing on a leveraged basis in debt securities, the majority of which are specified pools of Agency mortgage-backed securities (“MBS”) consisting of commercial MBS (“CMBS”), residential MBS (“RMBS”), and CMBS interest-only (“IO”) securities and non-Agency MBS, which consist mainly of CMBS IO. Agency MBS have a guaranty of principal payment by a U.S. government-sponsored entity (“GSE”) such as Fannie Mae and Freddie Mac which are in conservatorship and are currently supported by a senior preferred stock purchase agreement from U.S. Treasury. Non-Agency MBS are issued by non-governmental enterprises and do not have a guaranty of principal payment. The Company also invests in other types of mortgage-related securities, such as to-be-announced securities (“TBAs” or “TBA securities”). <div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Impact of COVID-19</span></div><div><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> As a result of the economic, health and market turmoil brought about by the corononavirus (“COVID-19”) pandemic, fixed income and equity markets experienced severe disruption during mid-March of 2020, including securities in which we invest, which caused asset prices to fall and margin calls from derivative and repurchase agreement counterparties to increase. The Agency MBS market largely stabilized after the Federal Reserve announced that it would purchase Agency RMBS and CMBS as well as U.S. Treasuries in the amounts needed to support smooth market functioning. In addition, the U.S. Congress passed the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act to provide economic relief to individuals, businesses, state and local governments, and the health care system. The CARES Act includes mortgage loan forbearance and modification programs to qualifying borrowers who may have difficulty making their loan payments and individual states have adopted similar policies addressing loan payments, rent payments, foreclosures and evictions. The Company is not able to predict the impact these policies may have on its investments at this time. The impact of forbearance on the Company’s MBS could range from immaterial to significant depending on actual losses incurred on underlying loans as well as future public policy choices, and actions by the GSEs, their regulator the Federal Housing Finance Authority ("FHFA"), the Federal Reserve, and federal and state governments. There can be no assurance as to how these and other actions by the U.S. government will affect the efficiency, liquidity and stability of the financial and mortgage markets. To the extent the financial or mortgage markets do not respond favorably to any of these actions, or such actions do not function as intended, our business, results of operations and financial condition may be materially adversely affected.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">As interest rates rallied given uncertainty around the impact of COVID-19, the Company sold a significant portion of its Agency RMBS portfolio in early March prior to asset prices falling, realizing significant gains upon sale. The Company also terminated the majority of its interest rate swaps given the reduction in the size of its portfolio and the lower interest rate environment. In addition, as explained in Note 7, the Company has subsequently sold a significant portion of its Agency CMBS since March 31, 2020. At this time, the Company is uncertain as to the amount and timing of reinvestment of these proceeds and for the very near-term is focused on book value and capital preservation. Details on management’s actions taken in response to the market disruption caused by COVID-19 are described within certain of these Notes to the Unaudited Consolidated Financial Statements.</span></div> <div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Basis of Presentation</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The accompanying unaudited consolidated financial statements of the Company and its subsidiaries (together, “Dynex” or, as appropriate, the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to the Quarterly Report on Form 10-Q and Article 10, Rule 10-01 of Regulation S-X promulgated by the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all significant adjustments, consisting of normal recurring accruals, considered necessary for a fair presentation of the consolidated financial statements have been included; however, uncertainty over the continuing impact that COVID-19 will have on the global economy and on the Company’s business makes any estimates and assumptions as of March 31, 2020 inherently less certain than they would be absent the current and potential impacts of </span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">COVID-19. Operating results for the three months ended March 31, 2020 are not necessarily indicative of the results that may be expected for any other interim periods or for the entire year ending December 31, 2020. The unaudited consolidated financial statements included herein should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 (the “2019 Form 10-K”) filed with the SEC.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;">All references to common shares, per common share amounts, and restricted stock have been adjusted to reflect the </span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;">effect of the Company’s 1-for-3 reverse stock split effected on June 20, 2019 for all periods presented.</span></div> <div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Consolidation and Variable Interest Entities</span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The consolidated financial statements include the accounts of the Company and the accounts of its majority owned subsidiaries and variable interest entities (“VIE”) for which it is the primary beneficiary. All intercompany accounts and transactions have been eliminated in consolidation.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company consolidates a VIE if the Company is determined to be the VIE’s primary beneficiary, which is defined as the party that has both: (i) the power to control the activities that most significantly impact the VIE’s financial performance and (ii) the right to receive benefits or absorb losses that could potentially be significant to the VIE. The Company reconsiders its evaluation of whether to consolidate a VIE on an ongoing basis, based on changes in the facts and circumstances pertaining to the VIE.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company consolidates a securitization trust, which has residential mortgage loans included in “mortgage loans held for investment” on its consolidated balance sheet, of which a portion is pledged as collateral for one remaining bond recorded as “non-recourse collateralized financing” on its consolidated balance sheet. The Company owns the subordinate class in the trust and has been deemed the primary beneficiary. </span></div>Though the Company invests in Agency and non-Agency MBS which are generally considered to be interests in VIEs, the Company does not consolidate these entities because it does not meet the criteria necessary to be deemed a primary beneficiary. <div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Use of Estimates</span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported amounts of revenue and expenses during the reported period. Actual results could differ from those estimates. The most significant estimates used by management include, but are not limited to, amortization of premiums and discounts and fair value measurements of its investments. These items are discussed further below within this note to the consolidated financial statements.</span></div> <div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Income Taxes</span></div><div><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company has elected to be taxed as a real estate investment trust (“REIT”) under the Internal Revenue Code of 1986 and the corresponding provisions of state law. To qualify as a REIT, the Company must meet certain tests including investing in primarily real estate-related assets and the required distribution of at least 90% of its annual REIT taxable income to shareholders after consideration of its net operating loss (“NOL”) carryforward and not including taxable income retained in its taxable subsidiaries. As a REIT, the Company generally will not be subject to federal income tax on the amount of its income or capital gains that is distributed as dividends to shareholders.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company assesses its tax positions for all open tax years and determines whether the Company has any material unrecognized liabilities and records these liabilities, if any, to the extent they are deemed more likely than not to have been incurred.</span></div> <div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Net Income (Loss) Per Common Share</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company calculates basic net income per common share by dividing net income to common shareholders for the period by weighted-average shares of common stock outstanding for that period. The Company did not have any potentially dilutive securities outstanding during the three months ended March 31, 2020 or March 31, 2019.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Holders of unvested shares of the Company’s issued and outstanding restricted common stock are eligible to receive non-forfeitable dividends. As such, these unvested shares are considered participating securities and therefore are included in the computation of basic net income per common share using the two-class method. Upon vesting, restrictions on transfer expire on each share of restricted stock, and each such share of restricted stock represents one unrestricted share of common stock.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Because the Company’s 7.625% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) and its 6.9000% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) (collectively, the “Preferred Stock”) are redeemable at the Company’s option for cash only and may convert into shares of common stock only upon a change of control of the Company (and subject to other circumstances) as described in Article IIIB and Article IIIC of the Company’s Articles of Amendment to the Restated Articles of Incorporation (the “Restated Articles of Incorporation, as amended”), the effect of those shares and their related dividends is excluded from the calculation of diluted net income per common share.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company’s weighted average common shares outstanding and net loss per common share amounts presented on its consolidated statement of comprehensive income for the three months ended March 31, 2019 have been restated to reflect the effect of the 1-for-3 reverse stock split effected by the Company in June of 2019.</span></div> <div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Cash and Cash Equivalents</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;">Cash and cash equivalents include highly liquid investments with original maturities of three months or less as well as unrestricted demand deposits at highly rated financial institutions. The Company’s cash balances fluctuate throughout the year and may exceed Federal Deposit Insurance Company insured limits from time to time. Although the Company bears risk to amounts in excess of those insured by the FDIC, it does not anticipate any losses as a result.</span></div> <div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Restricted Cash</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Restricted cash consists of cash the Company has pledged to cover initial and variation margin with its financing and certain derivative counterparties.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on the Company's consolidated balance sheet as of March 31, 2020 that sum to the total of the same such amounts shown on the Company’s consolidated statement of cash flows for the three months ended March 31, 2020:</span></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:77.464%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:17.792%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Cash and cash equivalents</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">51,411 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Restricted cash</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">59,204 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total cash, cash equivalents, and restricted cash shown on consolidated statement of cash flows</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">110,615 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div> 51411000 59204000 110615000 <div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Mortgage-Backed Securities</span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company’s MBS are designated as available-for-sale (“AFS”) and are recorded at fair value on the Company’s consolidated balance sheet. Changes in unrealized gain (loss) on the Company’s MBS are reported in other comprehensive income (“OCI”) until the investment is sold or matures. Although the Company generally intends to hold its AFS securities until maturity, it may sell any of these securities as part of the overall management of its business. Upon the sale of an AFS security, any unrealized gain or loss is reclassified out of accumulated other comprehensive income (“AOCI”) into net income as a realized “gain (loss) on sale of investments, net” using the specific identification method.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The fair value of the Company’s MBS pledged as collateral against repurchase agreements is disclosed parenthetically on the Company’s consolidated balance sheets.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration: underline;">Interest Income, Premium Amortization, and Discount Accretion.</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;"> </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Interest income on MBS is accrued based on the outstanding principal balance (or notional balance in the case of interest-only, or “IO” securities) and their contractual terms. Premiums or discounts associated with the purchase of Agency MBS as well as any non-Agency MBS rated ‘AA’ and higher are amortized or accreted into interest income over the projected life of such securities using the effective yield method, and adjustments to premium amortization and discount accretion are made for actual cash payments. The Company’s projections of future cash payments are based on input and analysis received from external sources and internal models and include assumptions about the amount and timing of loan prepayment rates, fluctuations in interest rates, credit losses, and other factors. On at least a quarterly basis, the Company reviews and makes any necessary adjustments to its cash flow projections and updates the yield recognized on these assets.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company does not currently hold any non-Agency MBS that were purchased at a discount with credit ratings of less than ‘AA’ or not rated by any of the nationally recognized credit rating agencies at the time of purchase. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration: underline;">Determination of MBS Fair Value.</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;"> </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company estimates the fair value of the majority of its MBS based upon prices obtained from third-party pricing services and broker quotes. The remainder of the Company’s MBS are valued by discounting the estimated future cash flows derived from cash flow models that utilize information such as the security’s coupon rate, estimated prepayment speeds, expected weighted average life, collateral composition, estimated future interest rates, expected losses, and credit enhancements as well as certain other relevant information. Please refer to </span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;"><a href="#i4bdf39cce8c74c6881cdd36f0db478cf_112" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">Note 5</a></span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> for further discussion of MBS fair value measurements.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration: underline;">Allowance for Credit Losses.</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;"> </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company recently adopted Accounting Standards Codification Topic 326, </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Financial Instruments - Credit Losses</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">. On at least a quarterly basis, the Company evaluates any MBS with a fair value less than its amortized cost for credit losses. If the difference between the present value of cash flows expected to be collected on the MBS is less than its amortized cost, the difference is recorded as an allowance for credit loss through net income up to and not exceeding the amount that the amortized cost exceeds current fair value. Subsequent changes in credit loss estimates are recognized in earnings in the period in which they occur. Because the majority of the Company’s investments are higher credit quality and most are guaranteed by a GSE, the Company is not likely to have an allowance for credit losses recorded on its consolidated balance sheet.</span></div> <div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Repurchase Agreements</span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company’s repurchase agreements, which are used to finance its purchases of MBS, are accounted for as secured borrowings under which the Company pledges its securities as collateral to secure a loan, which is equal in value to a specified percentage of the estimated fair value of the pledged collateral. The Company retains beneficial ownership of the pledged collateral. At the maturity of a repurchase agreement, the Company is required to repay the loan and concurrently receives back its pledged collateral from the lender or, with the consent of the lender, the Company may renew the agreement at the then prevailing financing rate. A repurchase agreement lender may require the Company to pledge additional collateral in the event of a decline in the fair value of the collateral pledged. Repurchase agreement financing is recourse to the Company and the assets pledged. Most of the Company’s repurchase agreements are based on the September 1996 version of the Bond Market Association Master Repurchase Agreement, which generally provides that the lender, as buyer, is responsible for obtaining collateral valuations from a generally recognized source agreed to by both the Company and the lender, or, in an instance when such source is not available, the value determination is made by the lender.</span></div> <div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Derivative Instruments</span></div><div><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> The Company’s derivative instruments include interest rate swaps, futures, options, and forward contracts for the purchase or sale of Agency RMBS on a non-specified pool basis, commonly referred to as to-be-announced (“TBA”) securities. Derivative instruments are reported at their fair value on the Company’s consolidated balance sheet as derivative assets if in a gain position or as derivative liabilities if in a loss position, at the end of the period reported. All periodic interest benefits/costs and changes in fair value of derivative instruments, including gains and losses realized upon termination, maturity, or settlement are recorded in “gain (loss) on derivative instruments, net” on the Company’s consolidated statement of comprehensive income (loss). Cash receipts and payments related to derivative instruments are classified in the investing activities section of the consolidated statements of cash flows in accordance with the underlying nature or purpose of the derivative transactions. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Generally, the Company enters into pay-fixed interest rate swaps, which involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the interest rate swap without exchange of the underlying notional amount. From time to time the Company may also enter into receive-fixed interest rate swaps that involve the receipt of fixed-rate amounts from a counterparty in exchange for the Company making variable-rate payments over the life of the interest rate swap without exchange of the underlying notional amount. The Company’s interest rate swap agreements are centrally cleared through the Chicago Mercantile Exchange (“CME”). The Company’s CME cleared swaps require that the Company post initial margin as collateral, and in addition, variation margin is exchanged, typically in cash, for changes in the fair value of the CME cleared swaps. The exchange of variation margin for CME cleared swaps is legally considered to be the settlement of the derivative itself as opposed to a pledge of collateral. Accordingly, the Company accounts for the daily exchange of variation margin associated with its CME cleared interest rate swaps as a direct increase or decrease to the carrying value of the related derivative asset or liability. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company may also enter into long and short positions in U.S. Treasury futures contracts. U.S. Treasury futures are valued based on exchange pricing with daily margin settlements. The Company realizes gains or losses on these contracts upon expiration at an amount equal to the difference between the current fair value of the underlying asset and the contractual price of the futures contract. Unlike interest rate swaps, the Company does not treat the daily margin exchanges for its U.S. Treasury futures as legal settlement of the instrument. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company currently holds put options on U.S. Treasury futures which provide the Company the right, but not an obligation, to buy U.S. Treasury futures at a predetermined notional amount and stated term in the future. Put options on U.S. Treasury futures are valued based on exchange pricing without daily exchanges of margin amounts. The Company records the premium paid for the option contract as a derivative asset on its consolidated balance sheet and adjusts the balance for changes in fair value through “gain (loss) on derivative instruments” until the option is exercised or the contract expires. The Company may also purchase options for interest rate swaps (“interest rate swaptions”) which are accounted for similarly. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">A TBA security is a forward contract (“TBA contract”) for the purchase (“long position”) or sale (“short position”) of a non-specified Agency MBS at a predetermined price with certain principal and interest terms and certain types of collateral, but the particular Agency securities to be delivered are not identified until shortly before the settlement date. The </span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Company accounts for long and short positions in TBAs as derivative instruments because the Company cannot assert that it is probable at inception and throughout the term of an individual TBA transaction that its settlement will result in physical delivery of the underlying Agency RMBS or that the individual TBA transaction will not settle in the shortest time period possible. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Please refer to </span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;"><a href="#i4bdf39cce8c74c6881cdd36f0db478cf_109" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">Note 4</a></span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> for additional information regarding the Company’s derivative instruments as well as </span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;"><a href="#i4bdf39cce8c74c6881cdd36f0db478cf_112" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">Note 5</a></span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> for information on how the fair value of these instruments are calculated.</span></div> Share-Based CompensationPursuant to the Company’s 2018 Stock and Incentive Plan (“2018 Plan”), the Company may grant share-based compensation to eligible employees, non-employee directors or consultants or advisors to the Company, including restricted stock awards, stock options, stock appreciation rights, performance units, restricted stock units, and performance cash awards. The Company’s restricted stock currently issued and outstanding may be settled only in shares of its common stock, and therefore are treated as equity awards with their fair value measured at the grant date and recognized as compensation cost over the requisite service period with a corresponding credit to shareholders’ equity. The requisite service period is the period during which a participant is required to provide service in exchange for an award, which is equivalent to the vesting period specified in the terms of the time-based restricted stock award. None of the Company’s restricted stock awards have performance-based conditions. The Company does not currently have any share-based compensation issued or outstanding other than restricted stock issued to its employees, officers, and directors. ContingenciesIn the normal course of business, there may be various lawsuits, claims, and other contingencies pending against the Company. On a quarterly basis, the Company evaluates whether to establish provisions for estimated losses from those matters. The Company recognizes a liability for a contingent loss when: (a) the underlying causal event has occurred prior to the balance sheet date; (b) it is probable that a loss has been incurred; and (c) there is a reasonable basis for estimating that loss. A liability is not recognized for a contingent loss when it is only possible or remotely possible that a loss has been incurred, however, possible contingent losses shall be disclosed. If the contingent loss (or an additional loss in excess of any accrual) is at least a reasonable possibility and material, then the Company discloses a reasonable estimate of the possible loss or range of loss, if such reasonable estimate can be made. If the Company cannot make a reasonable estimate of the possible material loss, or range of loss, then that fact is disclosed. As previously disclosed in the 2019 Form 10-K, the receiver (the “Receiver”) for one of the plaintiffs awarded damages in a judgment (the "DCI Judgment") against Dynex Commercial, Inc. ("DCI"), a subsidiary of a former affiliate of the Company, filed a separate claim in May 2018 against the Company seeking payment of the damages awarded in connection with the DCI Judgment, alleging that the Company breached a litigation cost sharing agreement, as amended (the "Agreement", that was initially entered into by the Company and DCI in December 2000. On November 21, 2019, the U.S. District Court, Northern District of Texas ("Northern District Court") granted in part and denied in part summary judgment on the Receiver’s claim and the Company’s claim for offset and recoupment. The Northern District Court found that the Company breached the Agreement and therefore must pay damages to the Receiver. The Northern District Court simultaneously granted the Company’s motion for summary judgment finding that DCI also breached the Agreement and that the Company can recover amounts due to it from DCI under the Agreement. The Receiver subsequently filed a claim for damages with the Northern District Court of approximately $12,600, while the Company filed claims for damages ranging from $13,300 to $30,600, including interest. The Receiver filed objections (the "Objections") with the Northern District Court to, among other things, the Company recovering amounts incurred prior to entry into the Agreement and amounts incurred under the Agreement after January 31, 2006, including interest, which is the date that DCI’s corporate existence ceased under Virginia law. The Company has disputed, among other things, that the Receiver's Objections as not supportable under Virginia law and has further refined its damages claim to range from $13,300 based on simple interest to $17,800 based on a combination of simple and compound interest, which the Company believes is supportable under Virginia law. On March 5, 2020, the Company filed its response to the DCI Plaintiffs opening brief filed on February 4, 2020 in the Court of Appeals for the Fifth Circuit. There have been no other material developments in this matter during the three months ended March 31, 2020. After consultation with litigation counsel, the Company believes, based upon information currently available and its evaluation of Virginia law, that the likelihood of loss is not probable, and given the range of potential claims for damages by the Company to offset the Receiver's claims, the amount of possible loss cannot be reasonably estimated, and therefore, no contingent liability has been recorded. 12600 After consultation with litigation counsel, the Company believes, based upon information currently available and its evaluation of Virginia law, that the likelihood of loss is not probable, and given the range of potential claims for damages by the Company to offset the Receiver's claims, the amount of possible loss cannot be reasonably estimated, and therefore, no contingent liability has been recorded. <div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Recently Issued and Adopted Accounting Pronouncements</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company reviews all Accounting Standards Updates (“ASU”) issued by the Financial Accounting Standards Board (“FASB”) on at least a quarterly basis to evaluate applicability and significance of any impact on its financial condition and results of operations. There were no accounting pronouncements issued during the three months ended March 31, 2020 that are expected to have a material impact on the Company’s financial condition or results of operations.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">As of January 1, 2020, the Company elected the fair value option for its mortgage loans held for investment pursuant to the provisions of ASU No. 2019-05, </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Financial Instruments—Credit Losses (Topic 326) Targeted Transition Relief, </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">which was issued in May of 2019. Management chose to elect the fair value option for its mortgage loans because the majority of the Company’s investments are represented on its consolidated balance sheet at fair value. The election of the fair value option resulted in a cumulative adjustment of $(548) to retained earnings on its consolidated balance sheet as of January 1, 2020. The Company does not expect its election of the fair value option for its mortgage loans to have a material impact on its future consolidated financial statements.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;">In March 2020, FASB issued ASU 2020-04,</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%;"> Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting,</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;"> which provides optional expedients and exceptions to GAAP requirements for modifications on debt instruments, leases, derivatives, and other contracts, related to the expected market transition from LIBOR, and certain other floating rate benchmark indices to alternative reference rates. ASU 2020-04 generally considers contract modifications related to reference rate reform to be an event that does not require contract remeasurement at the modification date nor a reassessment of a previous accounting determination. The guidance in ASU 2020-04 is optional and may be elected over time, through December 31, 2022, as reference rate reform activities occur. The Company does not believe this ASU will have a material impact on its consolidated financial statements.</span></div> 548000 MORTGAGE-BACKED SECURITIES<div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The majority of the Company’s MBS are pledged as collateral for the Company’s repurchase agreements. The following tables present the Company’s MBS by investment type (including securities pending settlement) as of the dates indicated:</span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:22.851%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.909%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="33" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Par</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Net Premium (Discount)</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Amortized Cost</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Unrealized Gain</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Unrealized Loss</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency CMBS</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,104,738 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">16,937 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,121,675 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">207,436 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(892)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,328,219 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency RMBS</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">868,191 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">19,240 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">887,431 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">44,005 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">931,436 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">CMBS IO</span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;"> (1)</sup></div></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">462,675 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">462,675 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,616 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(6,802)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">458,489 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Non-Agency other</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,833 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(686)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,147 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">472 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(57)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,562 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total MBS:</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,974,762 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">498,166 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,472,928 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">254,529 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(7,751)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,719,706 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;">(1) The notional balance for Agency CMBS IO and non-Agency CMBS IO was $13,274,419 and $9,680,637 respectively, as of March 31, 2020.</span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:22.851%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.909%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="33" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Par</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Net Premium (Discount)</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Amortized Cost</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Unrealized Gain</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Unrealized Loss</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency CMBS</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,890,186 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">15,414 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,905,600 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">93,763 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(6)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,999,357 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency RMBS</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,563,684 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">55,770 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,619,454 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">69,082 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(462)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,688,074 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">CMBS IO </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">488,145 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">488,145 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">11,760 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(863)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">499,042 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Non-Agency other </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,938 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="2" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(780)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,158 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">552 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(20)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,690 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total MBS:</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,455,808 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">558,549 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,014,357 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">175,157 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(1,351)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,188,163 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;">(1) The notional balance for the Agency CMBS IO and non-Agency CMBS IO was $13,404,824 and $9,799,629, respectively, as of December 31, 2019.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Actual maturities of MBS are affected by the contractual lives of the underlying mortgage collateral, periodic payments of principal, prepayments of principal, and the payment priority structure of the security; therefore, actual maturities are generally shorter than the securities' stated contractual maturities.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table presents information regarding the "gain on sale of investments, net" on the Company’s consolidated statements of comprehensive income (loss) for the periods indicated </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;vertical-align:top;">(1)</sup><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">:</span></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:46.214%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:10.500%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.500%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.500%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.501%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Three Months Ended</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-bottom:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31,</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Proceeds Received</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Realized Gain (Loss)</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Proceeds Received</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Realized Gain (Loss)</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency RMBS</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,817,350 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">64,094 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency CMBS</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">173,684 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">20,689 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,991,034 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">84,783 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;">(1) Please refer to Note 7 for important information regarding significant sales of MBS and payoff of associated repurchase agreement borrowings subsequent to March 31, 2020.</span></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Included in the table above are securities sold with an amortized cost of $1,431,025 which were unsettled as of March 31, 2020 and were pledged as collateral for repurchase agreement borrowings of $1,442,492. The sale proceeds of $1,503,571 to be received for the unsettled portion are recorded as “receivable for securities sold” on the Company’s consolidated balance sheet as of March 31, 2020.</span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table presents certain information for the AFS securities in an unrealized loss position as of the dates indicated:</span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.553%;"><tr><td style="width:1.0%;"/><td style="width:29.539%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:8.762%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.762%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.762%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.762%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.762%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.916%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Unrealized Losses</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"># of Securities</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Unrealized Losses</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"># of Securities</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Continuous unrealized loss position for less than 12 months:</span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:24.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency MBS</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">322,607 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(5,846)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">56</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">215,792 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(1,139)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">27</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:24.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Non-Agency MBS</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">115,425 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(1,804)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">51</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">13,607 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(146)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">7</span></td></tr><tr><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Continuous unrealized loss position for 12 months or longer:</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:24.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency MBS</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">388 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(79)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">75,745 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(35)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:24.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Non-Agency MBS</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">111 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(22)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,099 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(31)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5</span></td></tr></table></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The unrealized losses on the Company’s MBS are not credit related, therefore the Company’s allowance for credit losses is $0 as of March 31, 2020. The unrealized losses are a result of declines in market prices driven by significant spread widening as a result of MBS market disruption caused by the global pandemic. The principal related to Agency MBS is guaranteed by the government-sponsored entities Fannie Mae and Freddie Mac. Although the unrealized losses are not credit related, the Company assesses its ability and intent to hold any MBS with an unrealized loss until the recovery in its value in accordance with GAAP. This assessment is based on the amount of the unrealized loss and significance of the related investment as well as the Company’s leverage and liquidity position. In addition, for its non-Agency MBS the Company reviews the credit ratings, the credit characteristics of the mortgage loans collateralizing these securities, and the estimated future cash flows including projected collateral losses.</span></div> The following tables present the Company’s MBS by investment type (including securities pending settlement) as of the dates indicated:<div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:22.851%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.909%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="33" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Par</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Net Premium (Discount)</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Amortized Cost</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Unrealized Gain</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Unrealized Loss</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency CMBS</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,104,738 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">16,937 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,121,675 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">207,436 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(892)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,328,219 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency RMBS</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">868,191 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">19,240 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">887,431 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">44,005 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">931,436 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">CMBS IO</span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;"> (1)</sup></div></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">462,675 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">462,675 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,616 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(6,802)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">458,489 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Non-Agency other</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,833 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(686)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,147 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">472 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(57)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,562 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total MBS:</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,974,762 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">498,166 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,472,928 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">254,529 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(7,751)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,719,706 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;">(1) The notional balance for Agency CMBS IO and non-Agency CMBS IO was $13,274,419 and $9,680,637 respectively, as of March 31, 2020.</span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:22.851%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.909%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="33" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Par</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Net Premium (Discount)</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Amortized Cost</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Unrealized Gain</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Unrealized Loss</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency CMBS</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,890,186 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">15,414 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,905,600 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">93,763 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(6)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,999,357 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency RMBS</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,563,684 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">55,770 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,619,454 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">69,082 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(462)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,688,074 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">CMBS IO </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">488,145 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">488,145 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">11,760 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(863)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">499,042 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Non-Agency other </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,938 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="2" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(780)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,158 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">552 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(20)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,690 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total MBS:</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,455,808 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">558,549 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,014,357 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">175,157 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(1,351)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,188,163 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;">(1) The notional balance for the Agency CMBS IO and non-Agency CMBS IO was $13,404,824 and $9,799,629, respectively, as of December 31, 2019.</span></div> 2104738000 16937000 2121675000 207436000 892000 2328219000 868191000 19240000 887431000 44005000 0 931436000 0 462675000 462675000 2616000 6802000 458489000 1833000 -686000 1147000 472000 57000 1562000 2974762000 498166000 3472928000 254529000 7751000 3719706000 13274419000 9680637000 1890186000 15414000 1905600000 93763000 6000 1999357000 2563684000 55770000 2619454000 69082000 462000 2688074000 0 488145000 488145000 11760000 863000 499042000 1938000 -780000 1158000 552000 20000 1690000 4455808000 558549000 5014357000 175157000 1351000 5188163000 13404824000 9799629000 <div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table presents information regarding the "gain on sale of investments, net" on the Company’s consolidated statements of comprehensive income (loss) for the periods indicated </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;vertical-align:top;">(1)</sup><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">:</span></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:46.214%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:10.500%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.500%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.500%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.501%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Three Months Ended</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-bottom:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31,</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Proceeds Received</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Realized Gain (Loss)</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Proceeds Received</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Realized Gain (Loss)</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency RMBS</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,817,350 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">64,094 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency CMBS</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">173,684 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">20,689 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,991,034 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">84,783 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div> 1817350000 64094000 0 0 173684000 -20689000 0 0 1991034000 84783000 0 0 1431025000 1442492000 1503571000 <div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table presents certain information for the AFS securities in an unrealized loss position as of the dates indicated:</span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.553%;"><tr><td style="width:1.0%;"/><td style="width:29.539%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:8.762%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.762%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.762%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.762%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.762%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.916%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Unrealized Losses</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"># of Securities</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Unrealized Losses</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"># of Securities</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Continuous unrealized loss position for less than 12 months:</span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:24.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency MBS</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">322,607 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(5,846)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">56</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">215,792 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(1,139)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">27</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:24.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Non-Agency MBS</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">115,425 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(1,804)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">51</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">13,607 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(146)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">7</span></td></tr><tr><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:11pt;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Continuous unrealized loss position for 12 months or longer:</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:24.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency MBS</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">388 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(79)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">75,745 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(35)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:24.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Non-Agency MBS</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">111 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(22)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,099 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(31)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5</span></td></tr></table></div> 322607000 5846000 56 215792000 1139000 27 115425000 1804000 51 13607000 146000 7 388000 79000 2 75745000 35000 2 111000 22000 4 1099000 31000 5 REPURCHASE AGREEMENTS<div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company’s repurchase agreements outstanding as of March 31, 2020 and December 31, 2019 are summarized in the following tables: </span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.702%;"><tr><td style="width:1.0%;"/><td style="width:25.462%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.347%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Collateral Type</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Balance </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted<br/>Average Rate</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Fair Value of </span></div><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Collateral Pledged </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Balance</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted<br/>Average Rate</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value of <br/>Collateral Pledged</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency RMBS</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,180,966 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.69 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,259,403 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,594,645 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.96 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,647,638 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency CMBS</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,823,951 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.66 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,987,487 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,735,848 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.98 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,901,452 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency CMBS IO</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">262,759 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.84 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">282,150 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">255,912 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2.30 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">282,522 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Non-Agency CMBS IO</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">140,430 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2.30 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">170,782 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">165,943 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2.67 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">193,013 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total repurchase agreements</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,408,106 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.71 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,699,822 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,752,348 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2.01 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,024,625 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(1) </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%;">Please refer to Note 7 for important information regarding significant sales of MBS and payoff of associated repurchase agreement borrowings subsequent to March 31, 2020.</span></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The amounts for fair value of collateral pledged in the table above include securities sold but not settled as of March 31, 2020, which are recorded as “receivable for securities sold” on the consolidated balance sheet and for which the Company had $1,442,492 of repurchase agreement borrowings outstanding as of March 31, 2020. The Company also had $382,371 and $6,180 payable to counterparties as of March 31, 2020 and December 31, 2019, respectively, for purchases pending settlement as of those respective dates.</span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table provides information on the remaining term to maturity and original term to maturity for the Company’s repurchase agreements as of the dates indicated: </span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.702%;"><tr><td style="width:1.0%;"/><td style="width:24.268%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.347%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Remaining Term to Maturity</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Balance</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted<br/>Average Rate</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">WAVG Original Term to Maturity</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Balance</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted<br/>Average Rate</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">WAVG Original Term to Maturity</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Less than 30 days</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,203,459 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.70 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">54 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,078,185 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2.12 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">34 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">30 to 90 days</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">204,647 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.80 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">93 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,674,163 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.93 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">52 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,408,106 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.71 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">56 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,752,348 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2.01 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">45 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">As of March 31, 2020, the Company had repurchase agreement amounts outstanding with 22 of its 37 available repurchase agreement counterparties. The Company had $694,367 outstanding and $59,542, or approximately 11%, of equity at risk with JP Morgan Chase at a weighted average borrowing rate of 1.63%. The Company did not have more than 10% of its equity at risk with any of its other counterparties as of March 31, 2020. The Company has a committed repurchase facility with Wells Fargo that has an aggregate maximum borrowing capacity of $250,000, of which it had $146,470 outstanding at a weighted average borrowing rate of 1.81% as of March 31, 2020. The facility is available to the Company until its maturity date of June 11, 2021. </span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> The Company’s counterparties, as set forth in the master repurchase agreement with the counterparty, require the Company to comply with various customary operating and financial covenants, including, but not limited to, minimum net worth and earnings, maximum declines in net worth in a given period, and maximum leverage requirements as well as maintaining the Company’s REIT status. In addition, some of the agreements contain cross default features, whereby default under an agreement with one lender simultaneously causes default under agreements with other lenders. To the extent that the Company fails to comply with the covenants contained in these financing agreements or is otherwise found to be in default under the terms of such agreements, the counterparty has the right to accelerate amounts due under the master repurchase agreement. The Company believes it was in full compliance with all covenants in master repurchase agreements under which there were amounts outstanding as of March 31, 2020.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company's repurchase agreements are subject to underlying agreements with master netting or similar arrangements, which provide for the right of offset in the event of default or in the event of bankruptcy of either party to the transactions. The Company reports its repurchase agreements to these arrangements on a gross basis. The following tables present information regarding the Company's repurchase agreements as if the Company had presented them on a net basis as of March 31, 2020 and December 31, 2019:</span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.702%;"><tr><td style="width:1.0%;"/><td style="width:22.626%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.944%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Amount of Recognized Liabilities</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Amount Offset in the Balance Sheet</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Net Amount of Liabilities Presented in the Balance Sheet</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Gross Amount Not Offset in the Balance Sheet </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Net Amount</span></td></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Financial Instruments Posted as Collateral</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Cash Posted as Collateral </span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:9pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Repurchase agreements</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,408,106 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,408,106 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(4,408,106)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:9pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Repurchase agreements</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,752,348 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,752,348 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(4,752,348)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(1) Amounts disclosed for collateral received by or posted to the same counterparty include cash and the fair value of MBS up to and not exceeding the net amount of the repurchase agreement liability presented in the balance sheet. The fair value of the total collateral received by or posted to the same counterparty may exceed the amounts presented.</span></div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Please see </span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;"><a href="#i4bdf39cce8c74c6881cdd36f0db478cf_109" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">Note 4 </a></span>for information related to the Company’s derivatives which are also subject to underlying agreements with master netting or similar arrangements. <div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company’s repurchase agreements outstanding as of March 31, 2020 and December 31, 2019 are summarized in the following tables: </span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.702%;"><tr><td style="width:1.0%;"/><td style="width:25.462%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.347%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Collateral Type</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Balance </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted<br/>Average Rate</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Fair Value of </span></div><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Collateral Pledged </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Balance</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted<br/>Average Rate</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value of <br/>Collateral Pledged</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency RMBS</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,180,966 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.69 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,259,403 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,594,645 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.96 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,647,638 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency CMBS</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,823,951 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.66 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,987,487 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,735,848 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.98 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,901,452 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Agency CMBS IO</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">262,759 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.84 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">282,150 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">255,912 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2.30 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">282,522 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Non-Agency CMBS IO</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">140,430 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2.30 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">170,782 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">165,943 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2.67 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">193,013 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total repurchase agreements</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,408,106 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.71 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,699,822 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,752,348 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2.01 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,024,625 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div> 2180966000 0.0169 2259403000 2594645000 0.0196 2647638000 1823951000 0.0166 1987487000 1735848000 0.0198 1901452000 262759000 0.0184 282150000 255912000 0.0230 282522000 140430000 0.0230 170782000 165943000 0.0267 193013000 4408106000 0.0171 4699822000 4752348000 0.0201 5024625000 1442492000 382371000 6180000 <div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table provides information on the remaining term to maturity and original term to maturity for the Company’s repurchase agreements as of the dates indicated: </span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.702%;"><tr><td style="width:1.0%;"/><td style="width:24.268%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.343%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.347%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Remaining Term to Maturity</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Balance</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted<br/>Average Rate</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">WAVG Original Term to Maturity</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Balance</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted<br/>Average Rate</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">WAVG Original Term to Maturity</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Less than 30 days</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,203,459 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.70 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">54 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,078,185 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2.12 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">34 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">30 to 90 days</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">204,647 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.80 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">93 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,674,163 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.93 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">52 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,408,106 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.71 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">56 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,752,348 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2.01 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">45 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div> 4203459000 0.0170 54 2078185000 0.0212 34 204647000 0.0180 93 2674163000 0.0193 52 4408106000 0.0171 56 4752348000 0.0201 45 22 37 694367000 59542000 0.0163 250000000 146470000 0.0181 4408106000 0 4408106000 4408106000 0 0 4752348000 0 4752348000 4752348000 0 0 DERIVATIVES<div style="margin-bottom:10pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Types and Uses of Derivatives Instruments</span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Interest Rate Derivatives. </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Prior to the end of the first quarter of 2020, the Company primarily used interest rate swaps as economic hedges to mitigate declines in book value and to protect some portion of the Company's earnings from rising interest rates; however, the Company substantially reduced its notional balance of interest rate swaps late in the first quarter of 2020 due to the significant reduction of its MBS portfolio. In addition, counterparties began expanding initial margin requirements for interest rate swaps. The Company added short positions in U.S. Treasury futures and increased its holdings of put options on U.S. Treasury futures as these derivative instruments are viewed by management as more liquid and having more favorable margin requirements versus interest rate swaps.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">TBA Transactions. </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company purchases TBA securities as a means of investing in non-specified fixed-rate Agency RMBS and may also periodically sell TBA securities as a means of economically hedging its book value exposure to Agency RMBS as well as earnings exposure from rising financing costs. The Company holds long and short positions in TBA securities by executing a series of transactions, commonly referred to as “dollar roll” transactions, which effectively delay the settlement of a forward purchase (or sale) of a non-specified Agency RMBS by entering into an offsetting TBA position, net settling the paired-off positions in cash, and simultaneously entering into an identical TBA long (or short) position with a later settlement date. TBA securities purchased (or sold) for a forward settlement date are generally priced at a discount relative to TBA securities settling in the current month. This discount, often referred to as “drop income” represents the economic equivalent of net interest income (interest income less implied financing cost) on the underlying Agency security from trade date to settlement date. The Company accounts for all TBAs (whether net long or net short positions, or collectively “TBA dollar roll positions”) as derivative instruments because it cannot assert that it is probable at inception and throughout the term of an individual TBA transaction that its settlement will result in physical delivery of the underlying Agency RMBS, or that the individual TBA transaction will not settle in the shortest period possible. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Loss on Derivative Instruments, Net</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The table below provides detail of the Company’s “loss on derivative instruments, net” by type of derivative for the periods indicated: </span></div><div style="text-align:justify;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:72.553%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.053%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.055%;"/><td style="width:1.0%;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Three Months Ended</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31,</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Type of Derivative Instrument</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2020</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2019</span></td><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Interest rate swaps</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(182,181)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(71,764)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Interest rate swaptions</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(573)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">U.S. Treasury futures</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(8,447)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(109)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Options on U.S. Treasury futures</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(10,727)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA securities - long positions</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">18,432 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">10,176 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA securities - short positions</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(12,071)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Loss on derivative instruments, net</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(195,567)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(61,697)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/></tr></table></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The table below summarizes information about the fair value by type of derivative instrument on the Company’s consolidated balance sheets as of the dates indicated:</span></div><div style="text-align:justify;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.702%;"><tr><td style="width:1.0%;"/><td style="width:26.656%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:19.641%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:16.955%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.880%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.884%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Type of Derivative Instrument</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Balance Sheet Location</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Purpose</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Options on U.S. Treasury futures</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative assets</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Economic hedging</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Interest rate swaptions</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative assets</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Economic hedging</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">573 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA securities - long positions</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative assets</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Investing</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">834 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total derivatives assets</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,290 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">U.S. Treasury futures</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative liabilities</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Economic hedging</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(8,438)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA securities - short positions</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative liabilities</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Economic hedging</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(5,202)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(974)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total derivatives liabilities</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(13,640)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(974)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Interest Rate Swaps</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company has interest rate swap agreements outstanding with various counterparties which are centrally cleared through the CME. As explained in </span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;"><a href="#i4bdf39cce8c74c6881cdd36f0db478cf_100" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">Note 1</a></span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">, the exchange of variation margin for CME cleared interest rate swaps is legally considered to be the settlement of the derivative itself as opposed to a pledge of collateral. Because the Company accounts for this daily exchange of variation margin for its CME cleared interest rate swaps as an increase or decrease to the carrying value of the related derivative asset or liability, the fair value of the interest rate swaps nets to $0 on the Company’s consolidated balance sheet. The Company had net settlement amounts of $(1,557) and $(9,265) in variation margin for its interest rate swaps as of March 31, 2020 and December 31, 2019, respectively.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following tables present information about the Company’s interest rate swaps as of the dates indicated:</span></div><div style="text-align:justify;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:15.113%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:12.285%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.863%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:12.285%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:12.136%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.841%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.863%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:12.290%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-bottom:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-bottom:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted-Average</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted-Average</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Years to Maturity:</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Notional Amount</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Pay Rate</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Life Remaining (in Years)</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Notional Amount</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Pay Rate</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Life Remaining (in Years)</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:0.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">&lt; 3 years</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">150,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.61 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">0.3</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,860,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.58 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.5</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:0.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">&gt;3 and &lt; 6 years</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">700,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.43 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4.7</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:0.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">&gt;6 and &lt; 10 years</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">80,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">0.83 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">9.9</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">545,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.78 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">9.4</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">&gt;10 years</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">120,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2.84 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">27.7</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">230,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.34 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3.6</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,225,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.62 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3.8</span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span><br/></span></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">U.S. Treasury Futures and Options </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table presents information about the Company’s U.S. Treasury futures and options outstanding as of the dates indicated:</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:55.886%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:11.541%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.541%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.544%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Cost Basis</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Notional Amount</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">As of March 31, 2020:</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Options on U.S. Treasury futures </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">14,884 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,700,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">U.S. Treasury futures - short positions</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">n/a </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(8,438)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,177,500 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="height:15pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:15pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:15pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:15pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:15pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:15pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">As of December 31, 2019:</span></td><td colspan="2" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Options on U.S. Treasury futures </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,359 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,350,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Pay-fixed interest rate swaptions </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">6,180 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">573 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">750,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(1) All futures and options outstanding as of March 31, 2020 will expire in June of 2020.</span></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(2) All options outstanding as of December 31, 2019 expired during the first quarter of 2020.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">TBA Securities</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table summarizes information about the Company's TBA securities as of the dates indicated:</span></div><div style="text-align:justify;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:43.982%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:10.946%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.946%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.946%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.948%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Long Positions</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Short Positions</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Long Positions</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Short Positions</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Implied market value </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(549,521)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">442,161 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(520,117)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Implied cost basis </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(544,319)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">441,327 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(519,143)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Net carrying value </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(5,202)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">834 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(974)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span><br/></span></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(1) Implied market value represents the estimated fair value of the underlying Agency MBS as if settled as of the date indicated.</span></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(2) Implied cost basis represents the forward price to be paid for the underlying Agency MBS as if settled as of the date indicated.</span></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(3) Net carrying value is the amount included on the consolidated balance sheets within “derivative assets (liabilities)” and represents the difference between the implied market value and the implied cost basis of the TBA security as of the date indicated.</span></div><div style="text-align:center;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Volume of Activity</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The tables below summarize changes in the Company’s derivative instruments for the period indicated:</span></div><div style="text-align:justify;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:39.666%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.839%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.839%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.839%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.841%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Type of Derivative Instrument</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Notional Amount as of December 31, 2019</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Additions</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Settlements,<br/>Terminations,<br/>or Pair-Offs</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Notional Amount as of March 31, 2020</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Interest rate swaps</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,225,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,570,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(6,565,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">230,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Interest rate swaptions</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">750,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(750,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">U.S. Treasury futures</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,477,500 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(300,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,177,500 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Options on U.S. Treasury futures</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,350,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,000,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(1,650,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,700,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA - long positions</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">435,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,905,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(2,340,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA - short positions</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(500,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(830,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">815,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(515,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Offsetting</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company's derivatives are subject to underlying agreements with master netting or similar arrangements, which provide for the right of offset in the event of default or in the event of bankruptcy of either party to the transactions. The Company reports its derivative assets and liabilities subject to these arrangements on a gross basis. The following tables present information regarding those derivative assets and liabilities subject to such arrangements as if the Company had presented them on a net basis as of March 31, 2020 and December 31, 2019:</span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.702%;"><tr><td style="width:1.0%;"/><td style="width:22.626%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.944%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="33" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Offsetting of Assets</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Amount of Recognized Assets</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Amount Offset in the Balance Sheet</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Net Amount of Assets Presented in the Balance Sheet</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Gross Amount Not Offset in the Balance Sheet </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Net Amount</span></td></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Financial Instruments Received as Collateral</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Cash Received as Collateral </span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Options on U.S. Treasury futures</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:9pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative assets</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:3pt double #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:3pt double #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:3pt double #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:3pt double #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:3pt double #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:3pt double #000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Interest rate swaptions</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">573 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">573 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">573 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Options on U.S. Treasury futures</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA - long positions</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">834 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">834 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(380)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">454 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:9pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative assets</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,290 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,290 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(380)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,910 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-align:justify;"><span><br/></span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.702%;"><tr><td style="width:1.0%;"/><td style="width:22.626%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.944%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="33" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Offsetting of Liabilities</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Amount of Recognized Liabilities</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Amount Offset in the Balance Sheet</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Net Amount of Liabilities Presented in the Balance Sheet</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Gross Amount Not Offset in the Balance Sheet </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Net Amount</span></td></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Financial Instruments Posted as Collateral</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Cash Posted as Collateral </span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">U.S. Treasury futures</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(8,438)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(8,438)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">8,438 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA - short positions</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(5,202)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(5,202)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,235 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(3,967)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:9pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative liabilities</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(13,640)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(13,640)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">9,673 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(3,967)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA - short positions</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(974)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(974)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">380 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(594)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:9pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative liabilities</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(974)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(974)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">380 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(594)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(1) Amounts disclosed for collateral received by or posted to the same counterparty include cash and the fair value of MBS up to and not exceeding the net amount of the derivative asset or liability presented in the balance sheet. The fair value of the total collateral received by or posted to the same counterparty may exceed the amounts presented. Please refer to the consolidated balance sheets for the total cash posted as collateral, which is recorded as "restricted cash," and the total fair value of financial instruments pledged as collateral for derivatives and repurchase agreements, which is shown parenthetically.</span></div><div style="text-indent:36pt;text-align:justify;margin-top:5pt;margin-bottom:5pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Please see </span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;"><a href="#i4bdf39cce8c74c6881cdd36f0db478cf_106" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">Note 3</a></span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> for information related to the Company’s repurchase agreements which are also subject to underlying agreements with master netting or similar arrangements.</span></div> <div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The table below provides detail of the Company’s “loss on derivative instruments, net” by type of derivative for the periods indicated: </span></div><div style="text-align:justify;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:72.553%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.053%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.055%;"/><td style="width:1.0%;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Three Months Ended</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31,</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Type of Derivative Instrument</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2020</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2019</span></td><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Interest rate swaps</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(182,181)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(71,764)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Interest rate swaptions</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(573)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">U.S. Treasury futures</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(8,447)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(109)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Options on U.S. Treasury futures</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(10,727)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA securities - long positions</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">18,432 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">10,176 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA securities - short positions</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(12,071)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Loss on derivative instruments, net</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(195,567)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(61,697)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/></tr></table></div> 182181000 71764000 573000 0 8447000 109000 10727000 0 18432000 10176000 12071000 0 -195567000 -61697000 The table below summarizes information about the fair value by type of derivative instrument on the Company’s consolidated balance sheets as of the dates indicated:<table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.702%;"><tr><td style="width:1.0%;"/><td style="width:26.656%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:19.641%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:16.955%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.880%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.884%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Type of Derivative Instrument</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Balance Sheet Location</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Purpose</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Options on U.S. Treasury futures</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative assets</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Economic hedging</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Interest rate swaptions</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative assets</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Economic hedging</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">573 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA securities - long positions</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative assets</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Investing</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">834 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total derivatives assets</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,290 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:14pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">U.S. Treasury futures</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative liabilities</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Economic hedging</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(8,438)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA securities - short positions</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative liabilities</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Economic hedging</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(5,202)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(974)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total derivatives liabilities</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(13,640)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(974)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table> 3031000 2883000 0 573000 0 834000 3031000 4290000 8438000 0 5202000 974000 13640000 974000 <div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Interest Rate Swaps</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company has interest rate swap agreements outstanding with various counterparties which are centrally cleared through the CME. As explained in </span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;"><a href="#i4bdf39cce8c74c6881cdd36f0db478cf_100" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">Note 1</a></span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">, the exchange of variation margin for CME cleared interest rate swaps is legally considered to be the settlement of the derivative itself as opposed to a pledge of collateral. Because the Company accounts for this daily exchange of variation margin for its CME cleared interest rate swaps as an increase or decrease to the carrying value of the related derivative asset or liability, the fair value of the interest rate swaps nets to $0 on the Company’s consolidated balance sheet. The Company had net settlement amounts of $(1,557) and $(9,265) in variation margin for its interest rate swaps as of March 31, 2020 and December 31, 2019, respectively.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following tables present information about the Company’s interest rate swaps as of the dates indicated:</span></div><div style="text-align:justify;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:15.113%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:12.285%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.863%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:12.285%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:12.136%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.841%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.863%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.395%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:12.290%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-bottom:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-bottom:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted-Average</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted-Average</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Years to Maturity:</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Notional Amount</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Pay Rate</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Life Remaining (in Years)</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Notional Amount</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Pay Rate</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Life Remaining (in Years)</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:0.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">&lt; 3 years</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">150,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.61 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">0.3</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,860,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.58 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.5</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:0.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">&gt;3 and &lt; 6 years</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">700,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.43 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4.7</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:0.75pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">&gt;6 and &lt; 10 years</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">80,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">0.83 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">9.9</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">545,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.78 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">9.4</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">&gt;10 years</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">120,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2.84 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">27.7</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">230,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.34 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3.6</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,225,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1.62 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">%</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3.8</span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span><br/></span></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">U.S. Treasury Futures and Options </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table presents information about the Company’s U.S. Treasury futures and options outstanding as of the dates indicated:</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:55.886%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:11.541%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.541%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.544%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Cost Basis</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Notional Amount</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">As of March 31, 2020:</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Options on U.S. Treasury futures </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">14,884 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,700,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">U.S. Treasury futures - short positions</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">n/a </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(8,438)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,177,500 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="height:15pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:15pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:15pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:15pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:15pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:15pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">As of December 31, 2019:</span></td><td colspan="2" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Options on U.S. Treasury futures </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,359 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,350,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Pay-fixed interest rate swaptions </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">6,180 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">573 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">750,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(1) All futures and options outstanding as of March 31, 2020 will expire in June of 2020.</span></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(2) All options outstanding as of December 31, 2019 expired during the first quarter of 2020.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">TBA Securities</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table summarizes information about the Company's TBA securities as of the dates indicated:</span></div><div style="text-align:justify;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:43.982%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:10.946%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.946%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.946%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.948%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Long Positions</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Short Positions</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Long Positions</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Short Positions</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Implied market value </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(549,521)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">442,161 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(520,117)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Implied cost basis </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(544,319)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">441,327 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(519,143)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Net carrying value </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(5,202)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">834 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(974)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span><br/></span></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(1) Implied market value represents the estimated fair value of the underlying Agency MBS as if settled as of the date indicated.</span></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(2) Implied cost basis represents the forward price to be paid for the underlying Agency MBS as if settled as of the date indicated.</span></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(3) Net carrying value is the amount included on the consolidated balance sheets within “derivative assets (liabilities)” and represents the difference between the implied market value and the implied cost basis of the TBA security as of the date indicated.</span></div> 1557000 9265000 150000000 0.0161 P0Y3M18D 2860000000 0.0158 P1Y6M 700000000 0.0143 P4Y8M12D 80000000 0.0083 P9Y10M24D 545000000 0.0178 P9Y4M24D 120000000 0.0284 P27Y8M12D 230000000 0.0134 P3Y7M6D 4225000000 0.0162 P3Y9M18D 14884000 3031000 1700000000 8438000 1177500000 4359000 2883000 1350000000 6180000 573000 750000000 0 549521000 442161000 520117000 0 544319000 441327000 519143000 0 5202000 834000 -974000 <div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The tables below summarize changes in the Company’s derivative instruments for the period indicated:</span></div><div style="text-align:justify;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:39.666%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.839%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.839%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.839%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:11.841%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Type of Derivative Instrument</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Notional Amount as of December 31, 2019</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Additions</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Settlements,<br/>Terminations,<br/>or Pair-Offs</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Notional Amount as of March 31, 2020</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Interest rate swaps</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,225,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,570,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(6,565,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">230,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Interest rate swaptions</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">750,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(750,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">U.S. Treasury futures</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,477,500 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(300,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,177,500 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Options on U.S. Treasury futures</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,350,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,000,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(1,650,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,700,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA - long positions</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">435,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,905,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(2,340,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA - short positions</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(500,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(830,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">815,000 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(515,000)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div> 4225000000 2570000000 6565000000 230000000 750000000 0 750000000 0 0 1477500000 300000000 1177500000 1350000000 2000000000 1650000000 1700000000 435000000 1905000000 2340000000 0 500000000 830000000 815000000 515000000 <table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.702%;"><tr><td style="width:1.0%;"/><td style="width:22.626%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.944%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="33" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Offsetting of Assets</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Amount of Recognized Assets</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Amount Offset in the Balance Sheet</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Net Amount of Assets Presented in the Balance Sheet</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Gross Amount Not Offset in the Balance Sheet </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Net Amount</span></td></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Financial Instruments Received as Collateral</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Cash Received as Collateral </span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Options on U.S. Treasury futures</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:9pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative assets</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:3pt double #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:3pt double #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:3pt double #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:3pt double #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:3pt double #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:3pt double #000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Interest rate swaptions</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">573 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">573 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">573 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Options on U.S. Treasury futures</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA - long positions</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">834 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">834 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(380)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">454 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:9pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative assets</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,290 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">4,290 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(380)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,910 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table> 3031000 3031000 0 0 3031000 3031000 3031000 0 0 3031000 573000 573000 0 0 573000 2883000 2883000 0 0 2883000 834000 834000 380000 0 454000 4290000 4290000 380000 0 3910000 <div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.702%;"><tr><td style="width:1.0%;"/><td style="width:22.626%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.940%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.546%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.944%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="33" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Offsetting of Liabilities</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Amount of Recognized Liabilities</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Gross Amount Offset in the Balance Sheet</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Net Amount of Liabilities Presented in the Balance Sheet</span></td><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Gross Amount Not Offset in the Balance Sheet </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Net Amount</span></td></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Financial Instruments Posted as Collateral</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Cash Posted as Collateral </span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">U.S. Treasury futures</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(8,438)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(8,438)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">8,438 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA - short positions</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(5,202)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(5,202)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,235 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(3,967)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:9pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative liabilities</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(13,640)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(13,640)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">9,673 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(3,967)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:8pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA - short positions</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(974)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(974)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">380 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(594)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:9pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative liabilities</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(974)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(974)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">380 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(594)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(1) Amounts disclosed for collateral received by or posted to the same counterparty include cash and the fair value of MBS up to and not exceeding the net amount of the derivative asset or liability presented in the balance sheet. The fair value of the total collateral received by or posted to the same counterparty may exceed the amounts presented. Please refer to the consolidated balance sheets for the total cash posted as collateral, which is recorded as "restricted cash," and the total fair value of financial instruments pledged as collateral for derivatives and repurchase agreements, which is shown parenthetically.</span></div> -8438000 -8438000 0 8438000 0 5202000 5202000 0 1235000 3967000 13640000 13640000 0 9673000 3967000 974000 974000 380000 0 594000 974000 974000 380000 0 594000 FAIR VALUE OF FINANCIAL INSTRUMENTS<div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is based on the assumptions market participants would use when pricing an asset or liability and also considers all aspects of nonperformance risk, including the entity’s own credit standing, when measuring fair value of a liability. ASC Topic 820 established a valuation hierarchy of three levels as follows:</span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-indent:-18pt;padding-left:54pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">•</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt;">Level 1 – Inputs are unadjusted, quoted prices in active markets for identical assets or liabilities as of the measurement date. </span></div><div style="text-indent:-18pt;padding-left:54pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">•</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt;">Level 2 – Inputs include quoted prices in active markets for similar assets or liabilities; quoted prices in inactive markets for identical or similar assets or liabilities; or inputs either directly observable or indirectly observable through correlation with market data at the measurement date and for the duration of the instrument’s anticipated life.</span></div><div style="text-indent:-18pt;padding-left:54pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">•</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt;">Level 3 – Unobservable inputs are supported by little or no market activity. The unobservable inputs represent management’s best estimate of how market participants would price the asset or liability at the measurement date. Consideration is given to the risk inherent in the valuation technique and the risk inherent in the inputs to the model.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table presents the Company’s financial instruments that are measured at fair value on the Company’s consolidated balance sheet by their valuation hierarchy levels as of the dates indicated:</span></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.553%;"><tr><td style="width:1.0%;"/><td style="width:15.787%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:8.313%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:6.370%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.313%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:6.968%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.313%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:7.417%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.313%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:6.977%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Level 1</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Level 2</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Level 3</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Level 1</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Level 2</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Level 3</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Assets carried at fair value:</span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">MBS</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,719,706 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,718,144 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,562 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,188,163 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,186,473 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,690 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Mortgage loans held for investment</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">7,922 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">7,922 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="2" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="2" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative assets:</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:4.5pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Options on U.S. Treasury futures</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:4.5pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Interest rate swaptions</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">573 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">573 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:4.5pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA securities-long positions</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">834 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">834 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total assets carried at fair value</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,730,659 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,718,144 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">9,484 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,192,453 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,187,880 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,690 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Liabilities carried at fair value:</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:4.5pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA-short positions</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,202 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,202 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">974 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">974 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:4.5pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">U.S. Treasury futures</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">8,438 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">8,438 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total liabilities carried at fair value</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">13,640 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">8,438 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,202 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">974 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">974 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The fair value measurements for the Company's MBS are considered Level 2 when there are substantially similar securities actively trading or for which there has been recent trading activity in their respective markets. The Company determines the fair value of its Level 2 securities based on prices received from the Company's primary pricing service as well as other pricing services and brokers. The Company evaluates the third-party prices it receives to assess their </span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">reasonableness. Although the Company does not adjust third-party prices, they may be excluded from use in the determination of a security's fair value if they are significantly different from other observable market data. In valuing a security, the primary pricing service uses either a market approach, which uses observable prices and other relevant information that is generated by market transactions of identical or similar securities, or an income approach, which uses valuation techniques to convert future amounts to a single, discounted present value amount. The Company also reviews the assumptions and inputs utilized in the valuation techniques of its primary pricing service. Examples of these observable inputs and assumptions include market interest rates, credit spreads, and projected prepayment speeds, among other things. </span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%;">The Company owns MBS and mortgage loans that are considered Level 3 assets because there has been no recent trading activity of similar instruments upon which their fair value can be measured. The fair value for these Level 3 assets is measured by discounting the estimated future cash flows derived from cash flow models using significant inputs which are determined by the Company when market observable inputs are not available. Information utilized in those pricing models include the security’s credit rating, coupon rate, estimated prepayment speeds, expected weighted average life, collateral composition, estimated future interest rates, expected credit losses, and credit enhancement as well as certain other relevant information. The Company used a constant prepayment rate assumption of 10%, default rate of 2%, loss severity of 20%, and a discount rate of 8.8% in measuring the fair value of its Level 3 assets as of March 31, 2020. Significant changes in any of these inputs in isolation may result in a significantly different fair value measurement. Level 3 assets are generally most sensitive to the default rate and severity assumptions.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The activity of the Company’s Level 3 assets during the first quarter of 2020 is presented in the following table:</span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:65.410%;"/><td style="width:1.0%;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td style="width:1.0%;"/><td style="width:13.922%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:13.924%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Three Months Ended</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Other Non-Agency MBS</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Mortgage Loans</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Balance as of beginning of period, adjusted </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,690 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">8,857 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Change in fair value </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(116)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(312)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Principal payments</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(105)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(615)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Accretion (amortization) </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">93 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(8)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Balance as of end of period </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,562 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">7,922 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(1) See </span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration: underline;"><a href="#i4bdf39cce8c74c6881cdd36f0db478cf_100" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration: underline;">Note 1</a></span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;"> for information regarding the Company’s election of the fair value option for its mortgage loans effective January 1, 2020 which were previously reported at amortized cost. The beginning balance shown in this table represents the fair value of the mortgage loans after the cumulative adjustment of $(548) made to the amortized cost of $9,405 as of December 31, 2019.</span></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(2) Change in fair value for other non-Agency MBS is recorded as unrealized gain (loss) in “other comprehensive income” and change in fair value for mortgage loans is net of chargeoffs and recorded as unrealized gain (loss) in “fair value adjustments,net“. </span></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(3) Accretion (amortization) represents the amount of (premium) discount recognized in “interest income” during the period indicated.</span></div><div style="text-indent:-13.5pt;padding-left:13.5pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The fair value of interest rate swaps is measured using the income approach with the primary input being the forward interest rate swap curve, which is considered an observable input, and thus their fair values are considered Level 2 measurements. All of the Company’s interest rate swap agreements are centrally cleared through the CME. Please refer to </span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;"><a href="#i4bdf39cce8c74c6881cdd36f0db478cf_100" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">Note 1</a></span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> for information regarding the exchange of variation margin being legally considered as settlement of the derivative as opposed to a pledge of collateral. U.S. Treasury futures and options on U.S. Treasury futures are valued based on closing exchange prices on these contracts and are classified accordingly as Level 1 measurements. Unlike its interest rate swaps, the Company does not treat the exchange of variation margin for its U.S. Treasury futures as legal settlement of the instrument. The fair value of interest rate swaptions is based on the fair value of the underlying interest rate swap and time remaining until its expiration. The fair value of TBA securities is estimated using methods similar those used to fair value the Company’s Level 2 MBS.</span></div> <div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table presents the Company’s financial instruments that are measured at fair value on the Company’s consolidated balance sheet by their valuation hierarchy levels as of the dates indicated:</span></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.553%;"><tr><td style="width:1.0%;"/><td style="width:15.787%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:8.313%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:6.370%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.313%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:6.968%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.313%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:7.417%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:8.313%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.547%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:6.977%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Level 1</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Level 2</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Level 3</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Fair Value</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Level 1</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Level 2</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Level 3</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Assets carried at fair value:</span></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">MBS</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,719,706 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,718,144 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,562 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,188,163 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,186,473 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,690 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Mortgage loans held for investment</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">7,922 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">7,922 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="2" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="2" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative assets:</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:4.5pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Options on U.S. Treasury futures</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:4.5pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Interest rate swaptions</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">573 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">573 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:4.5pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA securities-long positions</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">834 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">834 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total assets carried at fair value</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,730,659 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,031 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">3,718,144 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">9,484 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,192,453 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2,883 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,187,880 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,690 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="height:9pt;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:3pt double #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Liabilities carried at fair value:</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:4.5pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">TBA-short positions</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,202 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,202 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">974 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">974 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:4.5pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">U.S. Treasury futures</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">8,438 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">8,438 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Total liabilities carried at fair value</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">13,640 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">8,438 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">5,202 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">974 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">974 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"/></span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div> 3719706000 0 3718144000 1562000 5188163000 0 5186473000 1690000 7922000 0 0 7922000 0 0 0 0 3031000 3031000 0 0 2883000 2883000 0 0 0 0 0 0 573000 0 573000 0 0 0 0 0 834000 0 834000 0 3730659000 3031000 3718144000 9484000 5192453000 2883000 5187880000 1690000 5202000 0 5202000 0 974000 0 974000 0 8438000 8438000 0 0 0 0 0 0 13640000 8438000 5202000 0 974000 0 974000 0 <div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The activity of the Company’s Level 3 assets during the first quarter of 2020 is presented in the following table:</span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:65.410%;"/><td style="width:1.0%;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td style="width:1.0%;"/><td style="width:13.922%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:13.924%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Three Months Ended</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Other Non-Agency MBS</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Mortgage Loans</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Balance as of beginning of period, adjusted </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,690 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;border-top:2pt solid #000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:2pt solid #000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">8,857 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:2pt solid #000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Change in fair value </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(116)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(312)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Principal payments</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(105)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(615)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;">Accretion (amortization) </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">93 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(8)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:middle;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Balance as of end of period </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">1,562 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">7,922 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div> 1690000 8857000 116000 312000 105000 615000 -93000 8000 1562000 7922000 548000 9405000 SHAREHOLDERS’ EQUITY AND SHARE-BASED COMPENSATION<div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Preferred Stock. </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company's articles of incorporation authorize the issuance of up to 50,000,000 shares of preferred stock, par value $0.01 per share. During the three months ended March 31, 2020, the Company’s Board of Directors designated 6,600,000 shares for issuance of 6.90% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock and subsequently sold 4,460,000 shares through a public offering for which it received proceeds of $107,988, net of $3,512 in broker commissions and other expenses. The Company used the proceeds to redeem all 2,300,000 outstanding shares of its 8.50% Series A Preferred Stock at an aggregate redemption price of approximately $25.35 per share, which included accumulated and unpaid dividends declared as of the redemption date March 14, 2020. The Company also used the proceeds to partially redeem 1,700,000 shares of its 7.625% Series B Preferred Stock at an aggregate redemption price of approximately $25.32 per share, which included accumulated and unpaid dividends declared as of the redemption date March 16, 2020. The excess of the $25.00 liquidation price per share over the carrying value of the preferred stock redeemed resulted in a charge of $(3,914) to net income to common shareholders for the three months ended March 31, 2020.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Preferred Stock has no stated maturity, is not subject to any sinking fund or mandatory redemption, and will remain outstanding indefinitely unless redeemed or otherwise repurchased or converted into common stock pursuant to the terms of the Preferred Stock. The Company had 2,788,330 shares of its Series B Preferred Stock remaining as of March 31, 2020, which may be redeemed at any time and from time to time at the Company's option at a cash redemption price of $25.00 per share plus any accumulated and unpaid dividends. Except under certain limited circumstances described in Article IIIC of the Company’s Restated Articles of Incorporation, as amended, the Company may not redeem the Series C Preferred Stock prior to April 15, 2025. On or after that date, the Series C Preferred Stock may be redeemed at any time and from time to time at the Company's option at a cash redemption price of $25.00 per share plus any accumulated and unpaid dividends. Because the Preferred Stock is redeemable only at the option of the issuer, it is classified as equity on the Company’s consolidated balance sheet.</span></div><div style="text-indent:36pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Series B Preferred Stock pays a cumulative cash dividend equivalent to 7.625% of the $25.00 liquidation preference per share each year. The Series C Preferred stock pays a cumulative cash dividend equivalent to 6.90% of the $25.00 liquidation preference per share each year until April 15, 2025 upon which date and thereafter, the Company will pay cumulative cash dividends at a percentage of the $25.00 liquidation value per share equal to an annual floating rate of three-month LIBOR plus a spread of 5.461%. The Company paid its regular quarterly dividend of $0.4765625 per share of Series B Preferred Stock and a partial dividend of $0.259 per share of Series C Preferred Stock on April 15, 2020 to shareholders of record as of April 1, 2020. The partial dividend for the Series C reflects the period outstanding from, and including, the initial issuance date of February 21, 2020 to, but excluding, April 15, 2020.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Common Stock. </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table summarizes information regarding monthly dividend declarations on the Company’s common stock during the three months ended March 31, 2020:</span></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.404%;"><tr><td style="width:1.0%;"/><td style="width:39.766%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.548%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:16.562%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.548%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:16.413%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.548%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:17.015%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Three Months Ended</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Declaration Date</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Amount Declared</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Record Date</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Payment Date</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">January 13, 2020</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">0.15 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">January 24, 2020</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">February 3, 2020</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">February 14, 2020</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">0.15 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">February 24, 2020</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 2, 2020</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 10, 2020</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">0.15 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 23, 2020</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">April 1, 2020</span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Stock and Incentive Plans. </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The Company’s 2018 Stock and Incentive Plan reserves for issuance up to 1,000,000 common shares for eligible employees, non-employee directors, consultants, and advisors to the Company to be granted in the form of stock options, restricted stock awards, restricted stock units, stock appreciation rights, performance units, and performance cash awards. Total stock-based compensation expense recognized by the Company for the three months ended March 31, 2020 was $307 compared to $298 for the three months ended March 31, 2019. The following table presents a rollforward of the restricted stock activity for the periods indicated:</span></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:48.148%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.908%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Three Months Ended</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-bottom:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31,</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Shares</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted Average Grant Date Fair Value Per Share</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Shares </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Weighted Average Grant Date Fair Value Per Share </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Restricted stock outstanding as of beginning of period</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">119,213 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">18.56 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">113,904 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">19.19 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Restricted stock granted</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">67,511 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">17.10 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">50,817 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">18.30 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Restricted stock vested</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(48,569)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">19.02 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(50,380)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">19.12 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Restricted stock outstanding as of end of period</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">138,155 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">17.69 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">114,341 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">18.83 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">(1) Amounts have been adjusted to reflect the effect of the 1-for-3 reverse stock split.</span></div><div style="text-indent:-27pt;padding-left:27pt;text-align:justify;"><span><br/></span></div><div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">As of March 31, 2020, the grant date fair value of the Company’s remaining nonvested restricted stock is $2,105 which will be amortized into compensation expense over a weighted average period of 2.3 years.</span></div> 50000000 0.01 6600000 0.0690 4460000 107988000 3512000 2300000 0.0850 25.35 1700000 0.07625 25.32 25.00 25.00 3914000 2788330 25.00 25.00 The Series B Preferred Stock pays a cumulative cash dividend equivalent to 7.625% of the $25.00 liquidation preference per share each year. The Series C Preferred stock pays a cumulative cash dividend equivalent to 6.90% of the $25.00 liquidation preference per share each year until April 15, 2025 upon which date and thereafter, the Company will pay cumulative cash dividends at a percentage of the $25.00 liquidation value per share equal to an annual floating rate of three-month LIBOR plus a spread of 5.461%. 0.4765625 0.259 <div style="text-indent:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Common Stock. </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The following table summarizes information regarding monthly dividend declarations on the Company’s common stock during the three months ended March 31, 2020:</span></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.404%;"><tr><td style="width:1.0%;"/><td style="width:39.766%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.548%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:16.562%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.548%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:16.413%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.548%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:17.015%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Three Months Ended</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31, 2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Declaration Date</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Amount Declared</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Record Date</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Payment Date</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">January 13, 2020</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">0.15 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">January 24, 2020</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">February 3, 2020</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">February 14, 2020</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">0.15 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">February 24, 2020</span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 2, 2020</span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 10, 2020</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">0.15 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 23, 2020</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">April 1, 2020</span></td></tr></table></div> 2020-01-13 0.15 2020-01-24 2020-02-03 2020-02-14 0.15 2020-02-24 2020-03-02 2020-03-10 0.15 2020-03-23 2020-04-01 1000000 307000 298000 The following table presents a rollforward of the restricted stock activity for the periods indicated:<table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:100.000%;"><tr><td style="width:1.0%;"/><td style="width:48.148%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.904%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.544%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:9.908%;"/><td style="width:1.0%;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Three Months Ended</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-bottom:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">March 31,</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2020</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"/><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">2019</span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Shares</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted Average Grant Date Fair Value Per Share</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Shares </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;">Weighted Average Grant Date Fair Value Per Share </span><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Restricted stock outstanding as of beginning of period</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">119,213 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">18.56 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">113,904 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:2pt solid #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">19.19 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;border-top:2pt solid #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Restricted stock granted</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">67,511 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">17.10 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">50,817 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">18.30 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Restricted stock vested</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(48,569)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">19.02 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">(50,380)</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">19.12 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:bottom;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">Restricted stock outstanding as of end of period</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">138,155 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">17.69 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">114,341 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-left:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:0%;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);">18.83 </span></td><td style="padding-top:2px;padding-bottom:2px;background-color:#ffffff;text-align:right;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:3pt double #000000;padding-right:1pt;"><span style="font-size:10pt;font-weight:400;font-family:'Times New Roman',sans-serif;color:#000000;background-color:rgb(255,255,255, 0.0);"> </span></td></tr></table> 119213 18.56 113904 19.19 67511 17.10 50817 18.30 48569 19.02 50380 19.12 138155 17.69 114341 18.83 2105000 P2Y3M18D SUBSEQUENT EVENTSThe Company had significant transactions which occurred subsequent to March 31, 2020 and through the date these consolidated financial statements were issued. Due to the continued market disruption resulting from the global response to the COVID-19 pandemic, the Federal Reserve announced in the last week of March 2020 its intent to buy Agency CMBS. This announcement improved liquidity in the Agency CMBS market, and the Company subsequently sold Agency CMBS during April which had an amortized cost of $1,301,770 and a fair value of $1,468,901 at March 31, 2020 in order to monetize gains while also increasing cash available for future reinvestment and further lowering leverage. These securities were pledged as collateral for repurchase agreement borrowings of $1,281,890 as of March 31, 2020. 1301770000 1468901000 1281890000 The notional balance for Agency CMBS IO and non-Agency CMBS IO was $13,274,419 and $9,680,637 respectively, as of March 31, 2020. The notional balance for the Agency CMBS IO and non-Agency CMBS IO was $13,404,824 and $9,799,629, respectively, as of December 31, 2019. Amounts have been adjusted to reflect the effect of the 1-for-3 reverse stock split. All options outstanding as of December 31, 2019 expired during the first quarter of 2020. Implied cost basis represents the forward price to be paid for the underlying Agency MBS as if settled as of the date indicated. Amounts disclosed for collateral received by or posted to the same counterparty include cash and the fair value of MBS up to and not exceeding the net amount of the derivative asset or liability presented in the balance sheet. The fair value of the total collateral received by or posted to the same counterparty may exceed the amounts presented. Please refer to the consolidated balance sheets for the total cash posted as collateral, which is recorded as "restricted cash," and the total fair value of financial instruments pledged as collateral for derivatives and repurchase agreements, which is shown parenthetically. All futures and options outstanding as of March 31, 2020 will expire in June of 2020 Net carrying value is the amount included on the consolidated balance sheets within “derivative assets (liabilities)” and represents the difference between the implied market value and the implied cost basis of the TBA security as of the date indicated. Change in fair value for other non-Agency MBS is recorded as unrealized gain (loss) in “other comprehensive income” and change in fair value for mortgage loans is net of chargeoffs and recorded as unrealized gain (loss) in “fair value adjustments,net“ Amounts disclosed for collateral received by or posted to the same counterparty include cash and the fair value of MBS up to and not exceeding the net amount of the repurchase agreement liability presented in the balance sheet. The fair value of the total collateral received by or posted to the same counterparty may exceed the amounts presented. See Note 1 for information regarding the Company’s election of the fair value option for its mortgage loans effective January 1, 2020 which were previously reported at amortized cost. The beginning balance shown in this table represents the fair value of the mortgage loans after the cumulative adjustment of $(548) made to the amortized cost of $9,405 as of December 31, 2019. Accretion (amortization) represents the amount of (premium) discount recognized in “interest income” during the period indicated. Implied market value represents the estimated fair value of the underlying Agency MBS as if settled as of the date indicated XML 54 R13.htm IDEA: XBRL DOCUMENT v3.20.1
    Shareholders' Equity and Share-Based Compensation (Notes)
    3 Months Ended
    Mar. 31, 2020
    Equity [Abstract]  
    Shareholders' Equity and Share-based Compensation SHAREHOLDERS’ EQUITY AND SHARE-BASED COMPENSATION
    Preferred Stock. The Company's articles of incorporation authorize the issuance of up to 50,000,000 shares of preferred stock, par value $0.01 per share. During the three months ended March 31, 2020, the Company’s Board of Directors designated 6,600,000 shares for issuance of 6.90% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock and subsequently sold 4,460,000 shares through a public offering for which it received proceeds of $107,988, net of $3,512 in broker commissions and other expenses. The Company used the proceeds to redeem all 2,300,000 outstanding shares of its 8.50% Series A Preferred Stock at an aggregate redemption price of approximately $25.35 per share, which included accumulated and unpaid dividends declared as of the redemption date March 14, 2020. The Company also used the proceeds to partially redeem 1,700,000 shares of its 7.625% Series B Preferred Stock at an aggregate redemption price of approximately $25.32 per share, which included accumulated and unpaid dividends declared as of the redemption date March 16, 2020. The excess of the $25.00 liquidation price per share over the carrying value of the preferred stock redeemed resulted in a charge of $(3,914) to net income to common shareholders for the three months ended March 31, 2020.

    The Preferred Stock has no stated maturity, is not subject to any sinking fund or mandatory redemption, and will remain outstanding indefinitely unless redeemed or otherwise repurchased or converted into common stock pursuant to the terms of the Preferred Stock. The Company had 2,788,330 shares of its Series B Preferred Stock remaining as of March 31, 2020, which may be redeemed at any time and from time to time at the Company's option at a cash redemption price of $25.00 per share plus any accumulated and unpaid dividends. Except under certain limited circumstances described in Article IIIC of the Company’s Restated Articles of Incorporation, as amended, the Company may not redeem the Series C Preferred Stock prior to April 15, 2025. On or after that date, the Series C Preferred Stock may be redeemed at any time and from time to time at the Company's option at a cash redemption price of $25.00 per share plus any accumulated and unpaid dividends. Because the Preferred Stock is redeemable only at the option of the issuer, it is classified as equity on the Company’s consolidated balance sheet.

    The Series B Preferred Stock pays a cumulative cash dividend equivalent to 7.625% of the $25.00 liquidation preference per share each year. The Series C Preferred stock pays a cumulative cash dividend equivalent to 6.90% of the $25.00 liquidation preference per share each year until April 15, 2025 upon which date and thereafter, the Company will pay cumulative cash dividends at a percentage of the $25.00 liquidation value per share equal to an annual floating rate of three-month LIBOR plus a spread of 5.461%. The Company paid its regular quarterly dividend of $0.4765625 per share of Series B Preferred Stock and a partial dividend of $0.259 per share of Series C Preferred Stock on April 15, 2020 to shareholders of record as of April 1, 2020. The partial dividend for the Series C reflects the period outstanding from, and including, the initial issuance date of February 21, 2020 to, but excluding, April 15, 2020.

    Common Stock. The following table summarizes information regarding monthly dividend declarations on the Company’s common stock during the three months ended March 31, 2020:
    Three Months Ended
    March 31, 2020
    Declaration DateAmount DeclaredRecord DatePayment Date
    January 13, 2020$0.15  January 24, 2020February 3, 2020
    February 14, 20200.15  February 24, 2020March 2, 2020
    March 10, 20200.15  March 23, 2020April 1, 2020


    Stock and Incentive Plans. The Company’s 2018 Stock and Incentive Plan reserves for issuance up to 1,000,000 common shares for eligible employees, non-employee directors, consultants, and advisors to the Company to be granted in the form of stock options, restricted stock awards, restricted stock units, stock appreciation rights, performance units, and performance cash awards. Total stock-based compensation expense recognized by the Company for the three months ended March 31, 2020 was $307 compared to $298 for the three months ended March 31, 2019. The following table presents a rollforward of the restricted stock activity for the periods indicated:
    Three Months Ended
    March 31,
     20202019
    SharesWeighted Average Grant Date Fair Value Per Share
    Shares (1)
    Weighted Average Grant Date Fair Value Per Share (1)
    Restricted stock outstanding as of beginning of period119,213  $18.56  113,904  $19.19  
    Restricted stock granted67,511  17.10  50,817  18.30  
    Restricted stock vested(48,569) 19.02  (50,380) 19.12  
    Restricted stock outstanding as of end of period138,155  $17.69  114,341  $18.83  
    (1) Amounts have been adjusted to reflect the effect of the 1-for-3 reverse stock split.

    As of March 31, 2020, the grant date fair value of the Company’s remaining nonvested restricted stock is $2,105 which will be amortized into compensation expense over a weighted average period of 2.3 years.
    XML 55 R17.htm IDEA: XBRL DOCUMENT v3.20.1
    Repurchase Agreements (Tables)
    3 Months Ended
    Mar. 31, 2020
    Disclosure of Repurchase Agreements [Abstract]  
    Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets [Table Text Block]
    The Company’s repurchase agreements outstanding as of March 31, 2020 and December 31, 2019 are summarized in the following tables:
     March 31, 2020December 31, 2019
    Collateral Type
    Balance (1)
    Weighted
    Average Rate
    Fair Value of
    Collateral Pledged (1)
    BalanceWeighted
    Average Rate
    Fair Value of
    Collateral Pledged
    Agency RMBS$2,180,966  1.69 %$2,259,403  $2,594,645  1.96 %$2,647,638  
    Agency CMBS1,823,951  1.66 %1,987,487  1,735,848  1.98 %1,901,452  
    Agency CMBS IO262,759  1.84 %282,150  255,912  2.30 %282,522  
    Non-Agency CMBS IO140,430  2.30 %170,782  165,943  2.67 %193,013  
    Total repurchase agreements$4,408,106  1.71 %$4,699,822  $4,752,348  2.01 %$5,024,625  
    Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Table Text Block]
    The following table provides information on the remaining term to maturity and original term to maturity for the Company’s repurchase agreements as of the dates indicated:
    March 31, 2020December 31, 2019
    Remaining Term to MaturityBalanceWeighted
    Average Rate
    WAVG Original Term to MaturityBalanceWeighted
    Average Rate
    WAVG Original Term to Maturity
    Less than 30 days$4,203,459  1.70 %54  $2,078,185  2.12 %34  
    30 to 90 days204,647  1.80 %93  2,674,163  1.93 %52  
    Total$4,408,106  1.71 %56  $4,752,348  2.01 %45  
    XML 56 R7.htm IDEA: XBRL DOCUMENT v3.20.1
    Organization and Summary of Significant Accounting Policies (Notes)
    3 Months Ended
    Mar. 31, 2020
    Accounting Policies [Abstract]  
    Organization and Summary of Significant Accounting Policies ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
    Organization

    Dynex Capital, Inc. (“Company”) was incorporated in the Commonwealth of Virginia on December 18, 1987 and commenced operations in February 1988. The Company is an internally managed mortgage real estate investment trust, or mortgage REIT, which primarily earns income from investing on a leveraged basis in debt securities, the majority of which are specified pools of Agency mortgage-backed securities (“MBS”) consisting of commercial MBS (“CMBS”), residential MBS (“RMBS”), and CMBS interest-only (“IO”) securities and non-Agency MBS, which consist mainly of CMBS IO. Agency MBS have a guaranty of principal payment by a U.S. government-sponsored entity (“GSE”) such as Fannie Mae and Freddie Mac which are in conservatorship and are currently supported by a senior preferred stock purchase agreement from U.S. Treasury. Non-Agency MBS are issued by non-governmental enterprises and do not have a guaranty of principal payment. The Company also invests in other types of mortgage-related securities, such as to-be-announced securities (“TBAs” or “TBA securities”).

    Impact of COVID-19

    As a result of the economic, health and market turmoil brought about by the corononavirus (“COVID-19”) pandemic, fixed income and equity markets experienced severe disruption during mid-March of 2020, including securities in which we invest, which caused asset prices to fall and margin calls from derivative and repurchase agreement counterparties to increase. The Agency MBS market largely stabilized after the Federal Reserve announced that it would purchase Agency RMBS and CMBS as well as U.S. Treasuries in the amounts needed to support smooth market functioning. In addition, the U.S. Congress passed the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act to provide economic relief to individuals, businesses, state and local governments, and the health care system. The CARES Act includes mortgage loan forbearance and modification programs to qualifying borrowers who may have difficulty making their loan payments and individual states have adopted similar policies addressing loan payments, rent payments, foreclosures and evictions. The Company is not able to predict the impact these policies may have on its investments at this time. The impact of forbearance on the Company’s MBS could range from immaterial to significant depending on actual losses incurred on underlying loans as well as future public policy choices, and actions by the GSEs, their regulator the Federal Housing Finance Authority ("FHFA"), the Federal Reserve, and federal and state governments. There can be no assurance as to how these and other actions by the U.S. government will affect the efficiency, liquidity and stability of the financial and mortgage markets. To the extent the financial or mortgage markets do not respond favorably to any of these actions, or such actions do not function as intended, our business, results of operations and financial condition may be materially adversely affected.

    As interest rates rallied given uncertainty around the impact of COVID-19, the Company sold a significant portion of its Agency RMBS portfolio in early March prior to asset prices falling, realizing significant gains upon sale. The Company also terminated the majority of its interest rate swaps given the reduction in the size of its portfolio and the lower interest rate environment. In addition, as explained in Note 7, the Company has subsequently sold a significant portion of its Agency CMBS since March 31, 2020. At this time, the Company is uncertain as to the amount and timing of reinvestment of these proceeds and for the very near-term is focused on book value and capital preservation. Details on management’s actions taken in response to the market disruption caused by COVID-19 are described within certain of these Notes to the Unaudited Consolidated Financial Statements.

    Basis of Presentation

    The accompanying unaudited consolidated financial statements of the Company and its subsidiaries (together, “Dynex” or, as appropriate, the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to the Quarterly Report on Form 10-Q and Article 10, Rule 10-01 of Regulation S-X promulgated by the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all significant adjustments, consisting of normal recurring accruals, considered necessary for a fair presentation of the consolidated financial statements have been included; however, uncertainty over the continuing impact that COVID-19 will have on the global economy and on the Company’s business makes any estimates and assumptions as of March 31, 2020 inherently less certain than they would be absent the current and potential impacts of
    COVID-19. Operating results for the three months ended March 31, 2020 are not necessarily indicative of the results that may be expected for any other interim periods or for the entire year ending December 31, 2020. The unaudited consolidated financial statements included herein should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 (the “2019 Form 10-K”) filed with the SEC.

    All references to common shares, per common share amounts, and restricted stock have been adjusted to reflect the
    effect of the Company’s 1-for-3 reverse stock split effected on June 20, 2019 for all periods presented.

    Consolidation and Variable Interest Entities
     
    The consolidated financial statements include the accounts of the Company and the accounts of its majority owned subsidiaries and variable interest entities (“VIE”) for which it is the primary beneficiary. All intercompany accounts and transactions have been eliminated in consolidation.

    The Company consolidates a VIE if the Company is determined to be the VIE’s primary beneficiary, which is defined as the party that has both: (i) the power to control the activities that most significantly impact the VIE’s financial performance and (ii) the right to receive benefits or absorb losses that could potentially be significant to the VIE. The Company reconsiders its evaluation of whether to consolidate a VIE on an ongoing basis, based on changes in the facts and circumstances pertaining to the VIE.

    The Company consolidates a securitization trust, which has residential mortgage loans included in “mortgage loans held for investment” on its consolidated balance sheet, of which a portion is pledged as collateral for one remaining bond recorded as “non-recourse collateralized financing” on its consolidated balance sheet. The Company owns the subordinate class in the trust and has been deemed the primary beneficiary.

    Though the Company invests in Agency and non-Agency MBS which are generally considered to be interests in VIEs, the Company does not consolidate these entities because it does not meet the criteria necessary to be deemed a primary beneficiary.

    Use of Estimates
     
    The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported amounts of revenue and expenses during the reported period. Actual results could differ from those estimates. The most significant estimates used by management include, but are not limited to, amortization of premiums and discounts and fair value measurements of its investments. These items are discussed further below within this note to the consolidated financial statements.

    Income Taxes

    The Company has elected to be taxed as a real estate investment trust (“REIT”) under the Internal Revenue Code of 1986 and the corresponding provisions of state law. To qualify as a REIT, the Company must meet certain tests including investing in primarily real estate-related assets and the required distribution of at least 90% of its annual REIT taxable income to shareholders after consideration of its net operating loss (“NOL”) carryforward and not including taxable income retained in its taxable subsidiaries. As a REIT, the Company generally will not be subject to federal income tax on the amount of its income or capital gains that is distributed as dividends to shareholders.

    The Company assesses its tax positions for all open tax years and determines whether the Company has any material unrecognized liabilities and records these liabilities, if any, to the extent they are deemed more likely than not to have been incurred.
    Net Income (Loss) Per Common Share

    The Company calculates basic net income per common share by dividing net income to common shareholders for the period by weighted-average shares of common stock outstanding for that period. The Company did not have any potentially dilutive securities outstanding during the three months ended March 31, 2020 or March 31, 2019.

    Holders of unvested shares of the Company’s issued and outstanding restricted common stock are eligible to receive non-forfeitable dividends. As such, these unvested shares are considered participating securities and therefore are included in the computation of basic net income per common share using the two-class method. Upon vesting, restrictions on transfer expire on each share of restricted stock, and each such share of restricted stock represents one unrestricted share of common stock.

    Because the Company’s 7.625% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) and its 6.9000% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) (collectively, the “Preferred Stock”) are redeemable at the Company’s option for cash only and may convert into shares of common stock only upon a change of control of the Company (and subject to other circumstances) as described in Article IIIB and Article IIIC of the Company’s Articles of Amendment to the Restated Articles of Incorporation (the “Restated Articles of Incorporation, as amended”), the effect of those shares and their related dividends is excluded from the calculation of diluted net income per common share.

    The Company’s weighted average common shares outstanding and net loss per common share amounts presented on its consolidated statement of comprehensive income for the three months ended March 31, 2019 have been restated to reflect the effect of the 1-for-3 reverse stock split effected by the Company in June of 2019.

    Cash and Cash Equivalents

    Cash and cash equivalents include highly liquid investments with original maturities of three months or less as well as unrestricted demand deposits at highly rated financial institutions. The Company’s cash balances fluctuate throughout the year and may exceed Federal Deposit Insurance Company insured limits from time to time. Although the Company bears risk to amounts in excess of those insured by the FDIC, it does not anticipate any losses as a result.

    Restricted Cash

    Restricted cash consists of cash the Company has pledged to cover initial and variation margin with its financing and certain derivative counterparties.

    The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on the Company's consolidated balance sheet as of March 31, 2020 that sum to the total of the same such amounts shown on the Company’s consolidated statement of cash flows for the three months ended March 31, 2020:
    March 31, 2020
    Cash and cash equivalents$51,411  
    Restricted cash59,204  
    Total cash, cash equivalents, and restricted cash shown on consolidated statement of cash flows$110,615  
    Mortgage-Backed Securities
     
    The Company’s MBS are designated as available-for-sale (“AFS”) and are recorded at fair value on the Company’s consolidated balance sheet. Changes in unrealized gain (loss) on the Company’s MBS are reported in other comprehensive income (“OCI”) until the investment is sold or matures. Although the Company generally intends to hold its AFS securities until maturity, it may sell any of these securities as part of the overall management of its business. Upon the sale of an AFS security, any unrealized gain or loss is reclassified out of accumulated other comprehensive income (“AOCI”) into net income as a realized “gain (loss) on sale of investments, net” using the specific identification method.

    The fair value of the Company’s MBS pledged as collateral against repurchase agreements is disclosed parenthetically on the Company’s consolidated balance sheets.

    Interest Income, Premium Amortization, and Discount Accretion. Interest income on MBS is accrued based on the outstanding principal balance (or notional balance in the case of interest-only, or “IO” securities) and their contractual terms. Premiums or discounts associated with the purchase of Agency MBS as well as any non-Agency MBS rated ‘AA’ and higher are amortized or accreted into interest income over the projected life of such securities using the effective yield method, and adjustments to premium amortization and discount accretion are made for actual cash payments. The Company’s projections of future cash payments are based on input and analysis received from external sources and internal models and include assumptions about the amount and timing of loan prepayment rates, fluctuations in interest rates, credit losses, and other factors. On at least a quarterly basis, the Company reviews and makes any necessary adjustments to its cash flow projections and updates the yield recognized on these assets.

    The Company does not currently hold any non-Agency MBS that were purchased at a discount with credit ratings of less than ‘AA’ or not rated by any of the nationally recognized credit rating agencies at the time of purchase.

    Determination of MBS Fair Value. The Company estimates the fair value of the majority of its MBS based upon prices obtained from third-party pricing services and broker quotes. The remainder of the Company’s MBS are valued by discounting the estimated future cash flows derived from cash flow models that utilize information such as the security’s coupon rate, estimated prepayment speeds, expected weighted average life, collateral composition, estimated future interest rates, expected losses, and credit enhancements as well as certain other relevant information. Please refer to Note 5 for further discussion of MBS fair value measurements.

    Allowance for Credit Losses. The Company recently adopted Accounting Standards Codification Topic 326, Financial Instruments - Credit Losses. On at least a quarterly basis, the Company evaluates any MBS with a fair value less than its amortized cost for credit losses. If the difference between the present value of cash flows expected to be collected on the MBS is less than its amortized cost, the difference is recorded as an allowance for credit loss through net income up to and not exceeding the amount that the amortized cost exceeds current fair value. Subsequent changes in credit loss estimates are recognized in earnings in the period in which they occur. Because the majority of the Company’s investments are higher credit quality and most are guaranteed by a GSE, the Company is not likely to have an allowance for credit losses recorded on its consolidated balance sheet.
    Repurchase Agreements
     
    The Company’s repurchase agreements, which are used to finance its purchases of MBS, are accounted for as secured borrowings under which the Company pledges its securities as collateral to secure a loan, which is equal in value to a specified percentage of the estimated fair value of the pledged collateral. The Company retains beneficial ownership of the pledged collateral. At the maturity of a repurchase agreement, the Company is required to repay the loan and concurrently receives back its pledged collateral from the lender or, with the consent of the lender, the Company may renew the agreement at the then prevailing financing rate. A repurchase agreement lender may require the Company to pledge additional collateral in the event of a decline in the fair value of the collateral pledged. Repurchase agreement financing is recourse to the Company and the assets pledged. Most of the Company’s repurchase agreements are based on the September 1996 version of the Bond Market Association Master Repurchase Agreement, which generally provides that the lender, as buyer, is responsible for obtaining collateral valuations from a generally recognized source agreed to by both the Company and the lender, or, in an instance when such source is not available, the value determination is made by the lender.

    Derivative Instruments

    The Company’s derivative instruments include interest rate swaps, futures, options, and forward contracts for the purchase or sale of Agency RMBS on a non-specified pool basis, commonly referred to as to-be-announced (“TBA”) securities. Derivative instruments are reported at their fair value on the Company’s consolidated balance sheet as derivative assets if in a gain position or as derivative liabilities if in a loss position, at the end of the period reported. All periodic interest benefits/costs and changes in fair value of derivative instruments, including gains and losses realized upon termination, maturity, or settlement are recorded in “gain (loss) on derivative instruments, net” on the Company’s consolidated statement of comprehensive income (loss). Cash receipts and payments related to derivative instruments are classified in the investing activities section of the consolidated statements of cash flows in accordance with the underlying nature or purpose of the derivative transactions.

    Generally, the Company enters into pay-fixed interest rate swaps, which involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the interest rate swap without exchange of the underlying notional amount. From time to time the Company may also enter into receive-fixed interest rate swaps that involve the receipt of fixed-rate amounts from a counterparty in exchange for the Company making variable-rate payments over the life of the interest rate swap without exchange of the underlying notional amount. The Company’s interest rate swap agreements are centrally cleared through the Chicago Mercantile Exchange (“CME”). The Company’s CME cleared swaps require that the Company post initial margin as collateral, and in addition, variation margin is exchanged, typically in cash, for changes in the fair value of the CME cleared swaps. The exchange of variation margin for CME cleared swaps is legally considered to be the settlement of the derivative itself as opposed to a pledge of collateral. Accordingly, the Company accounts for the daily exchange of variation margin associated with its CME cleared interest rate swaps as a direct increase or decrease to the carrying value of the related derivative asset or liability.

    The Company may also enter into long and short positions in U.S. Treasury futures contracts. U.S. Treasury futures are valued based on exchange pricing with daily margin settlements. The Company realizes gains or losses on these contracts upon expiration at an amount equal to the difference between the current fair value of the underlying asset and the contractual price of the futures contract. Unlike interest rate swaps, the Company does not treat the daily margin exchanges for its U.S. Treasury futures as legal settlement of the instrument.

    The Company currently holds put options on U.S. Treasury futures which provide the Company the right, but not an obligation, to buy U.S. Treasury futures at a predetermined notional amount and stated term in the future. Put options on U.S. Treasury futures are valued based on exchange pricing without daily exchanges of margin amounts. The Company records the premium paid for the option contract as a derivative asset on its consolidated balance sheet and adjusts the balance for changes in fair value through “gain (loss) on derivative instruments” until the option is exercised or the contract expires. The Company may also purchase options for interest rate swaps (“interest rate swaptions”) which are accounted for similarly.

    A TBA security is a forward contract (“TBA contract”) for the purchase (“long position”) or sale (“short position”) of a non-specified Agency MBS at a predetermined price with certain principal and interest terms and certain types of collateral, but the particular Agency securities to be delivered are not identified until shortly before the settlement date. The
    Company accounts for long and short positions in TBAs as derivative instruments because the Company cannot assert that it is probable at inception and throughout the term of an individual TBA transaction that its settlement will result in physical delivery of the underlying Agency RMBS or that the individual TBA transaction will not settle in the shortest time period possible.

    Please refer to Note 4 for additional information regarding the Company’s derivative instruments as well as Note 5 for information on how the fair value of these instruments are calculated.

    Share-Based Compensation

    Pursuant to the Company’s 2018 Stock and Incentive Plan (“2018 Plan”), the Company may grant share-based compensation to eligible employees, non-employee directors or consultants or advisors to the Company, including restricted stock awards, stock options, stock appreciation rights, performance units, restricted stock units, and performance cash awards. The Company’s restricted stock currently issued and outstanding may be settled only in shares of its common stock, and therefore are treated as equity awards with their fair value measured at the grant date and recognized as compensation cost over the requisite service period with a corresponding credit to shareholders’ equity. The requisite service period is the period during which a participant is required to provide service in exchange for an award, which is equivalent to the vesting period specified in the terms of the time-based restricted stock award. None of the Company’s restricted stock awards have performance-based conditions. The Company does not currently have any share-based compensation issued or outstanding other than restricted stock issued to its employees, officers, and directors.

    Contingencies

    In the normal course of business, there may be various lawsuits, claims, and other contingencies pending against the Company. On a quarterly basis, the Company evaluates whether to establish provisions for estimated losses from those matters. The Company recognizes a liability for a contingent loss when: (a) the underlying causal event has occurred prior to the balance sheet date; (b) it is probable that a loss has been incurred; and (c) there is a reasonable basis for estimating that loss. A liability is not recognized for a contingent loss when it is only possible or remotely possible that a loss has been incurred, however, possible contingent losses shall be disclosed. If the contingent loss (or an additional loss in excess of any accrual) is at least a reasonable possibility and material, then the Company discloses a reasonable estimate of the possible loss or range of loss, if such reasonable estimate can be made. If the Company cannot make a reasonable estimate of the possible material loss, or range of loss, then that fact is disclosed.

    As previously disclosed in the 2019 Form 10-K, the receiver (the “Receiver”) for one of the plaintiffs awarded damages in a judgment (the "DCI Judgment") against Dynex Commercial, Inc. ("DCI"), a subsidiary of a former affiliate of the Company, filed a separate claim in May 2018 against the Company seeking payment of the damages awarded in connection with the DCI Judgment, alleging that the Company breached a litigation cost sharing agreement, as amended (the "Agreement", that was initially entered into by the Company and DCI in December 2000. On November 21, 2019, the U.S. District Court, Northern District of Texas ("Northern District Court") granted in part and denied in part summary judgment on the Receiver’s claim and the Company’s claim for offset and recoupment. The Northern District Court found that the Company breached the Agreement and therefore must pay damages to the Receiver. The Northern District Court simultaneously granted the Company’s motion for summary judgment finding that DCI also breached the Agreement and that the Company can recover amounts due to it from DCI under the Agreement. The Receiver subsequently filed a claim for damages with the Northern District Court of approximately $12,600, while the Company filed claims for damages ranging from $13,300 to $30,600, including interest. The Receiver filed objections (the "Objections") with the Northern District Court to, among other things, the Company recovering amounts incurred prior to entry into the Agreement and amounts incurred under the Agreement after January 31, 2006, including interest, which is the date that DCI’s corporate existence ceased under Virginia law. The Company has disputed, among other things, that the Receiver's Objections as not supportable under Virginia law and has further refined its damages claim to range from $13,300 based on simple interest to $17,800 based on a combination of simple and compound interest, which the Company believes is supportable under Virginia law. On March 5, 2020, the Company filed its response to the DCI Plaintiffs opening brief filed on February 4, 2020 in the Court of Appeals for the Fifth Circuit. There have been no other material developments in this matter during the three months ended March 31, 2020. After consultation with litigation counsel, the Company believes, based upon information currently available and its evaluation of Virginia law, that the likelihood of loss is not probable, and given the range of potential claims for damages by the Company to offset the Receiver's claims, the amount of possible loss cannot be reasonably estimated, and therefore, no
    contingent liability has been recorded.

    Recently Issued and Adopted Accounting Pronouncements

    The Company reviews all Accounting Standards Updates (“ASU”) issued by the Financial Accounting Standards Board (“FASB”) on at least a quarterly basis to evaluate applicability and significance of any impact on its financial condition and results of operations. There were no accounting pronouncements issued during the three months ended March 31, 2020 that are expected to have a material impact on the Company’s financial condition or results of operations.

    As of January 1, 2020, the Company elected the fair value option for its mortgage loans held for investment pursuant to the provisions of ASU No. 2019-05, Financial Instruments—Credit Losses (Topic 326) Targeted Transition Relief, which was issued in May of 2019. Management chose to elect the fair value option for its mortgage loans because the majority of the Company’s investments are represented on its consolidated balance sheet at fair value. The election of the fair value option resulted in a cumulative adjustment of $(548) to retained earnings on its consolidated balance sheet as of January 1, 2020. The Company does not expect its election of the fair value option for its mortgage loans to have a material impact on its future consolidated financial statements.

    In March 2020, FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, which provides optional expedients and exceptions to GAAP requirements for modifications on debt instruments, leases, derivatives, and other contracts, related to the expected market transition from LIBOR, and certain other floating rate benchmark indices to alternative reference rates. ASU 2020-04 generally considers contract modifications related to reference rate reform to be an event that does not require contract remeasurement at the modification date nor a reassessment of a previous accounting determination. The guidance in ASU 2020-04 is optional and may be elected over time, through December 31, 2022, as reference rate reform activities occur. The Company does not believe this ASU will have a material impact on its consolidated financial statements.
    Impact of COVID-19
    Impact of COVID-19

    As a result of the economic, health and market turmoil brought about by the corononavirus (“COVID-19”) pandemic, fixed income and equity markets experienced severe disruption during mid-March of 2020, including securities in which we invest, which caused asset prices to fall and margin calls from derivative and repurchase agreement counterparties to increase. The Agency MBS market largely stabilized after the Federal Reserve announced that it would purchase Agency RMBS and CMBS as well as U.S. Treasuries in the amounts needed to support smooth market functioning. In addition, the U.S. Congress passed the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act to provide economic relief to individuals, businesses, state and local governments, and the health care system. The CARES Act includes mortgage loan forbearance and modification programs to qualifying borrowers who may have difficulty making their loan payments and individual states have adopted similar policies addressing loan payments, rent payments, foreclosures and evictions. The Company is not able to predict the impact these policies may have on its investments at this time. The impact of forbearance on the Company’s MBS could range from immaterial to significant depending on actual losses incurred on underlying loans as well as future public policy choices, and actions by the GSEs, their regulator the Federal Housing Finance Authority ("FHFA"), the Federal Reserve, and federal and state governments. There can be no assurance as to how these and other actions by the U.S. government will affect the efficiency, liquidity and stability of the financial and mortgage markets. To the extent the financial or mortgage markets do not respond favorably to any of these actions, or such actions do not function as intended, our business, results of operations and financial condition may be materially adversely affected.

    As interest rates rallied given uncertainty around the impact of COVID-19, the Company sold a significant portion of its Agency RMBS portfolio in early March prior to asset prices falling, realizing significant gains upon sale. The Company also terminated the majority of its interest rate swaps given the reduction in the size of its portfolio and the lower interest rate environment. In addition, as explained in Note 7, the Company has subsequently sold a significant portion of its Agency CMBS since March 31, 2020. At this time, the Company is uncertain as to the amount and timing of reinvestment of these proceeds and for the very near-term is focused on book value and capital preservation. Details on management’s actions taken in response to the market disruption caused by COVID-19 are described within certain of these Notes to the Unaudited Consolidated Financial Statements.
    XML 57 R3.htm IDEA: XBRL DOCUMENT v3.20.1
    Consolidated Statements of Comprehensive Income - USD ($)
    shares in Thousands
    3 Months Ended
    Mar. 31, 2020
    Mar. 31, 2019
    Interest income $ 39,822,000 $ 39,957,000
    Interest expense 22,101,000 26,276,000
    Net interest income 17,721,000 13,681,000
    Loss on derivative instruments, net 195,567,000 61,697,000
    Gain on sale of investments, net 84,783,000 0
    Fair value adjustments, net (372,000) (13,000)
    Other operating expense, net (423,000) (231,000)
    General and administrative expenses:    
    Compensation and benefits (2,163,000) (1,898,000)
    Other general and administrative (2,458,000) (2,056,000)
    Net loss (98,479,000) (52,214,000)
    Preferred stock dividends (3,841,000) (3,059,000)
    Net loss to common shareholders (106,234,000) (55,273,000)
    Other comprehensive income:    
    Unrealized gain on available-for-sale investments, net 157,755,000 86,632,000
    Reclassification adjustment for gain on sale of investments, net (84,783,000) 0
    Reclassification adjustment for de-designated cash flow hedges 0 (165,000)
    Total other comprehensive income 72,972,000 86,467,000
    Comprehensive (loss) income to common shareholders $ (33,262,000) $ 31,194,000
    Net loss per common share-basic and diluted $ (4.63) $ (2.42)
    Weighted average common shares-basic and diluted 22,963 22,812
    Preferred Stock Redemption Premium $ 3,914,000 $ 0