v3.26.3
Income Taxes (Tables)
9 Months Ended
Sep. 30, 2026
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation
The following table reconciles our GAAP net income (loss) to estimated REIT taxable income for the three and nine months ended September 30, 2026 and September 30, 2025.
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2026202520262025
GAAP net income (loss)$(323,746)$159,259 $(263,781)$110,983 
Book to tax differences:
ARMOUR TRS Inc. (income) loss64 (94)(18)(289)
Gain (Loss) on Agency Securities, trading, net1,165,185 (177,108)1,390,404 (401,910)
Gain (Loss) on U.S. Treasury Securities, net18,227 (6,197)39,329 9,596 
Changes in interest rate contracts(757,419)101,641 (875,489)491,547 
Amortization of deferred hedging costs(13,914)(18,437)(48,718)(52,132)
Amortization of deferred Treasury Future gains2,881 1,981 3,167 7,558 
Other838 113 945 242 
Estimated REIT taxable income$92,116 $61,158 $245,839 $165,595 
Schedule of Tax Credit Carryforwards
Net capital losses realizedAmountAvailable to offset capital gains through
2021$(15,606)2026
2022$(732,477)2027
2023$(472,002)2028
2024$(46,823)2029
2025$(4,078)2030