Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

 v2.3.0.11
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Available-for-sale securities, at fair value $ 4,500,825 $ 1,354,405
Trading securities, at fair value 1,022,394 199,523
Cash and cash equivalents 181,909 163,900
Total earning assets 5,705,128 1,717,828
Restricted cash 89,243 22,548
Accrued interest receivable 17,717 5,383
Due from counterparties 0 12,304
Derivative assets, at fair value 190,416 38,109
Other assets 5,433 1,260
Total Assets 6,007,937 1,797,432
Liabilities    
Repurchase agreements 4,827,202 1,169,803
Derivative liabilities, at fair value 38,892 158
Accrued interest payable 2,870 785
Due to counterparties 199,554 231,724
Accrued expenses and other liabilities 4,921 2,063
Dividends payable 36,911 10,450
Income taxes payable 6 1
Total liabilities 5,110,356 1,414,984
Stockholders' Equity    
Preferred stock, par value $0.01per share; 50,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, par value $0.01per share; 450,000,000 shares authorized and 92,277,991 and 40,501,212 shares issued and outstanding, respectively 923 405
Additional paid-in capital 889,679 366,974
Accumulated other comprehensive income 46,248 22,619
Cumulative earnings 51,413 30,020
Cumulative distributions to stockholders (90,682) (37,570)
Total stockholders’ equity 897,581 382,448
Total Liabilities and Stockholders’ Equity $ 6,007,937 $ 1,797,432