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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) | 3 Months Ended |
--- | --- | ---
Mar. 31, 2020 | Dec. 31, 2019
Residential whole loans, carrying value | $ 4,847,782,000 | $ 4,847,782,000
Residential whole loans, fair value | 794,684,000 | 794,684,000
MSR-Related Assets, pledged as collateral (in dollars) | 877,204,000 | $ 1,217,002,000
Preferred stock, aggregate liquidation preference (in dollars) | $ 275,000,000 |
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01
Common stock, shares authorized | 874,300,000 | 886,950,000
Common stock, shares issued | 453,138,000 | 452,369,000
Common stock, shares outstanding | 453,138,000 | 452,369,000
Collateral Pledged | Non-Agency MBS |  |
Securities, at fair value, pledged as collateral | $ 1,331,674,000 | $ 2,055,802,000
Collateral Pledged | Agency MBS |  |
Securities, at fair value, pledged as collateral | 568,704,000 | 1,658,614,000
Collateral Pledged | CRT securities |  |
Securities, at fair value, pledged as collateral | $ 263,225,000 | $ 252,175,000
Series B Preferred Stock |  |
Preferred stock, par value (in dollars per share) | $ 0.01 | $ 0.01
Preferred stock, shares authorized | 8,050,000 | 8,050,000
Preferred stock, dividend rate (as a percent) | 7.50% |
Preferred stock, shares issued | 8,000,000 | 8,000,000
Preferred stock, shares outstanding | 8,000,000 | 8,000,000
Preferred stock, aggregate liquidation preference (in dollars) | $ 200,000,000 | $ 200,000,000
Series C Preferred Stock |  |
Preferred stock, par value (in dollars per share) | $ 0.01 |
Preferred stock, shares authorized | 12,650,000 |
Preferred stock, dividend rate (as a percent) | 6.50% |
Preferred stock, shares issued | 11,000,000 |
Preferred stock, shares outstanding | 11,000,000 |

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