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CONSOLIDATED BALANCE SHEET (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 44,331 $ 18,161
Real estate securities, at fair value 1,472,791 13,596
Due from brokers 13,724 0
Financial derivatives-assets at fair value 23,181 [1] 0
Receivable for securities sold 55,060 0
Interest receivable 4,370 39
Other assets 261 360
Total Assets 1,613,718 32,156
LIABILITIES    
Repurchase agreements 1,292,946 [1] 0
Payable for securities purchased 113,173 0
Due to brokers 22,160 0
Financial derivatives-liabilities at fair value 7,067 [1] 0
Dividend payable 4,569 0
Accrued expenses 730 1,076
Management fee payable 644 116
Interest payable 597 0
Total Liabilities 1,441,886 1,192
SHAREHOLDERS' EQUITY    
Preferred shares, par value $0.01 per share, 100,000,000 shares authorized; (0 shares issued and outstanding, respectively) 0 0
Common shares, par value $0.01 per share, 500,000,000 shares authorized; (9,139,842 and 1,633,378 shares issued and outstanding, respectively) 91 16
Additional paid-in-capital 181,104 32,674
Accumulated deficit (9,363) (1,726)
Total Shareholders' Equity 171,832 30,964
Total Liabilities and Shareholders' Equity $ 1,613,718 $ 32,156
[1] On the Company's Consolidated Balance Sheet, all balances associated with the repurchase agreements and financial derivatives are presented on a gross basis.