| ASSETS |
| Agency MBS (including pledged of $2,039,227 and $1,090,174, respectively) |
| Non Agency MBS (including pledged of $251,316 and $259,350, respectively) |
4.27B |
| Securitized mortgage loans, net |
| Other investments, net |
822K |
| Total investments, net |
4.53B |
| Cash and cash equivalents |
44.13M |
| Derivative assets |
| Principal receivable on investments |
18.62M |
| Accrued interest receivable |
24.92M |
| Other assets, net |
9.11M |
| Total assets |
4.63B |
| Liabilities: |
| Repurchase agreements |
| Non recourse collateralized financing |
| Derivative liabilities |
37.69M |
| Accrued interest payable |
2.87M |
| Accrued dividends payable |
16.93M |
| Other liabilities |
2.54M |
| Total liabilities, net |
3.99B |
| Commitments and Contingencies (Note 13) |
| Shareholders’ equity: |
| Common stock, par value $.01 per share, 100,000,000 shares authorized; 40,343,159 and 30,342,897 shares issued and outstanding, respectively |
548K |
| Additional paid-in capital |
764.27M |
| Accumulated other comprehensive income |
61.56M |
| Accumulated deficit |
-248.49M |
| Total shareholders' equity, net |
633.3M |
| Total liabilities and shareholders’ equity |
4.63B |
