XML 14 R3.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 874,300 874,300
Common stock, shares issued (in shares) 102,653 102,083
Common stock, shares outstanding (in shares) 102,653 102,083
Series B Preferred Stock    
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, dividend rate (as a percent) 7.50% 7.50%
Preferred stock, shares authorized (in shares) 8,050 8,050
Preferred stock, shares issued (in shares) 8,000 8,000
Preferred stock, shares outstanding (in shares) 8,000 8,000
Preferred stock, liquidation preference, value $ 200,000 $ 200,000
Series C Preferred Stock    
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, dividend rate (as a percent) 6.50% 6.50%
Preferred stock, shares authorized (in shares) 12,650 12,650
Preferred stock, shares issued (in shares) 11,000 11,000
Preferred stock, shares outstanding (in shares) 11,000 11,000
Preferred stock, liquidation preference, value $ 275,000 $ 275,000
Asset Pledged as Collateral    
Financing agreements held at fair value 5,512,962 5,516,005
Residential whole loans    
Securities, at fair value 7,532,067 7,511,210
Non-Agency MBS Transferred to Consolidated VIEs    
Residential whole loans transferred to consolidated VIEs $ 7,000,000 $ 6,900,000