XML 65 R54.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Residential Whole Loans - Interest Income Components (Details) - Residential whole loan - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | $ 165,717 | $ 128,048 | $ 323,382 | $ 247,558
Business purpose loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 83,097 | 55,762 | 163,415 | 105,303
Business purpose loans | Single-family transitional loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 30,242 | 18,749 | 58,260 | 35,061
Business purpose loans | Multifamily transitional loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 25,291 | 13,872 | 50,489 | 25,787
Business purpose loans | Single-family rental loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 27,564 | 23,141 | 54,666 | 44,455
Non-QM loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 58,749 | 45,518 | 114,609 | 89,607
Legacy RPL/NPL loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 23,346 | 26,250 | 44,316 | 49,273
Other loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 525 | 518 | 1,042 | 3,375
Held at Carrying Value |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 22,412 | 24,258 | 44,113 | 48,758
Held at Carrying Value | Business purpose loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 2,429 | 3,398 | 5,231 | 6,997
Held at Carrying Value | Business purpose loans | Single-family transitional loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 152 | 518 | 393 | 1,138
Held at Carrying Value | Business purpose loans | Multifamily transitional loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 0 | 0 | 0 | 0
Held at Carrying Value | Business purpose loans | Single-family rental loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 2,277 | 2,880 | 4,838 | 5,859
Held at Carrying Value | Non-QM loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 11,530 | 11,646 | 22,949 | 24,320
Held at Carrying Value | Legacy RPL/NPL loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 8,453 | 9,214 | 15,933 | 17,441
Held at Carrying Value | Other loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 0 | 0 | 0 | 0
Held at Fair Value |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 143,305 | 103,790 | 279,269 | 198,800
Held at Fair Value | Business purpose loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 80,668 | 52,364 | 158,184 | 98,306
Held at Fair Value | Business purpose loans | Single-family transitional loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 30,090 | 18,231 | 57,867 | 33,923
Held at Fair Value | Business purpose loans | Multifamily transitional loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 25,291 | 13,872 | 50,489 | 25,787
Held at Fair Value | Business purpose loans | Single-family rental loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 25,287 | 20,261 | 49,828 | 38,596
Held at Fair Value | Non-QM loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 47,219 | 33,872 | 91,660 | 65,287
Held at Fair Value | Legacy RPL/NPL loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | 14,893 | 17,036 | 28,383 | 31,832
Held at Fair Value | Other loans |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |
Interest income | $ 525 | $ 518 | $ 1,042 | $ 3,375

X
- Definition 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 20 -Name Accounting Standards Codification -Section 40 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481628/310-20-40-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481990/310-10-45-2 + Details
Name: | us-gaap_AccountsNotesAndLoansReceivableLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The aggregate interest and fee income generated by: (1) loans the Entity has positive intent and ability to hold for the foreseeable future, or until maturity or payoff, including commercial and consumer loans, whether domestic or foreign, which may consist of: (a) industrial and agricultural; (b) real estate; and (c) real estate construction loans; (d) trade financing; (e) lease financing; (f) home equity lines-of-credit; (g) automobile and other vehicle loans; and (h) credit card and other revolving-type loans and (2) loans and leases held-for-sale which may include mortgage loans, direct financing, and sales-type leases. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 + Details
Name: | us-gaap_InterestAndFeeIncomeLoansAndLeases
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=mfa_ResidentialWholeLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=mfa_BusinessPurposeLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mfa_SingleFamilyTransitionalLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mfa_MultiFamilyTransitionalLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mfa_SingleFamilyRentalLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=mfa_NonQMLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=mfa_LegacyReperformingAndNonPerformingLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=mfa_OtherLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |