v3.25.2
Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock at Par
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) Income
Retained Earnings (Deficit)
Balance at beginning of period at Dec. 31, 2023 $ 256,106 $ 249 $ 477,068 $ (4,975) $ (216,236)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Dividends paid on common stock (15,989)       (15,989)
Stock compensation 1,260   1,260    
Unrealized gain (loss) on RMBS and CMBS 1,828     1,828  
Net income (loss) 12,601       12,601
Balance at end of period at Jun. 30, 2024 255,806 249 478,328 (3,147) (219,624)
Balance at beginning of period at Mar. 31, 2024 263,324 249 477,698 (3,272) (211,351)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Dividends paid on common stock (8,000)       (8,000)
Stock compensation 630   630    
Unrealized gain (loss) on RMBS and CMBS 125     125  
Net income (loss) (273)       (273)
Balance at end of period at Jun. 30, 2024 255,806 249 478,328 (3,147) (219,624)
Balance at beginning of period at Dec. 31, 2024 238,967 234 461,057 (3,475) (218,849)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock, net of expenses 1,994 4 1,990    
Dividends paid on common stock (15,125)       (15,125)
Dividends accrued on performance shares (92)       (92)
Stock compensation 533   533    
Unrealized gain (loss) on RMBS and CMBS (1,186)     (1,186)  
Net income (loss) 21,298       21,298
Balance at end of period at Jun. 30, 2025 246,389 238 463,580 (4,661) (212,768)
Balance at beginning of period at Mar. 31, 2025 251,480 234 461,294 (4,170) (205,878)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock, net of expenses 1,994 4 1,990    
Dividends paid on common stock (7,605)       (7,605)
Dividends accrued on performance shares (52)       (52)
Stock compensation 296   296    
Unrealized gain (loss) on RMBS and CMBS (491)     (491)  
Net income (loss) 767       767
Balance at end of period at Jun. 30, 2025 $ 246,389 $ 238 $ 463,580 $ (4,661) $ (212,768)