Common stock dividends cash paid (in dollars per share)
Common Stock, Dividends, Per Share, Cash Paid
Offsetting Liabilities [Line Items]
Offsetting Liabilities [Line Items]
Summary of Significant Accounting Policies
Significant Accounting Policies [Text Block]
Premium amortization expense
Effective Taxable Income Reconciliation, Premium Amortization Expense
Effective Taxable Income Reconciliation, Premium Amortization Expense
Statistical Measurement [Domain]
Statistical Measurement [Domain]
Schedule of Common Stock Repurchase Transactions
Schedule Of Common Stock Repurchase Transactions [Table Text Block]
Schedule Of Common Stock Repurchase Transactions
Debt and Equity Securities, FV-NI [Line Items]
Debt and Equity Securities, FV-NI [Line Items]
Schedule of Available-for-sale Securities in an Unrealized Gain or Loss Position
Debt Securities, Available-for-Sale [Table Text Block]
Non-renewal period
Subordinated Loan Agreement, Non Renewal Period
Subordinated Loan Agreement, Non Renewal Period
Award Timing Predetermined
Award Timing Predetermined [Flag]
Related Party Transaction [Axis]
Related Party Transaction [Axis]
Entity File Number
Entity File Number
Additional Paid-in Capital
Additional Paid-in Capital [Member]
Interest rate swap contracts
Interest Rate Swap [Member]
Greater than or equal to 7 years and less than 10 years
Interest Rate Swap, Between 7 and 10 Years [Member]
Interest Rate Swap, Between 7 and 10 Years
Reclassification adjustment for realized loss on sale of available for sale Agency Securities
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax
Tabular List, Table
Tabular List [Table Text Block]
Percentage of gross equity raised used in calculation of management fee in excess of 1 Billion
Related Party Transaction, Management Agreement, Percentage of Gross Equity Raised Used in Calculation of Management Fee in Excess of One Billion
Related Party Transaction, Management Agreement, Percentage of Gross Equity Raised Used in Calculation of Management Fee in Excess of One Billion
Uncommitted Revolving Credit Facility and Security Agreement
Uncommitted Revolving Credit Facility and Security Agreement [Member]
Uncommitted Revolving Credit Facility and Security Agreement
Derivative asset, centrally-cleared
Derivative Asset, Centrally-Cleared
Derivative Asset, Centrally-Cleared
Accrued interest payable - repurchase agreements (including $27,752 and $14,442, respectively with BUCKLER)
Accrued interest payable, repurchase agreements, amounts with BUCKLER
Interest Payable, Securities Sold Under Agreements To Repurchase
Interest Payable, Securities Sold Under Agreements To Repurchase
Schedule of Dividends Transactions
Dividends Declared [Table Text Block]
Schedule of Related Party Transactions
Schedule of Related Party Transactions [Table Text Block]
One Repurchase Agreement Counterparty
One Repurchase Agreement Counterparty [Member]
One Repurchase Agreement Counterparty
Accrued interest payable - U.S. Treasury Securities sold short
Interest Payable, U.S. Treasury Securities Sold Short
Interest Payable, U.S. Treasury Securities Sold Short
Trading Arrangements, by Individual
Trading Arrangements, by Individual [Table]
Fed Funds Effective Rate Overnight Index Swap Rate
Fed Funds Effective Rate Overnight Index Swap Rate [Member]
Basic (in dollars per share)
Net Income (Loss) per share available (related) to common stockholders - basic (in dollars per share)
Earnings Per Share, Basic
Adjustment to Compensation:
Adjustment to Compensation [Axis]
Greater than or equal to 5 years
Trading Securities, Debt Maturities, Rolling After Year Five, Amortized Cost Basis
Trading Securities, Debt Maturities, Rolling After Year Five, Amortized Cost Basis
Related Party Transactions
Related Party Transactions Disclosure [Text Block]
Named Executive Officers, Footnote
Named Executive Officers, Footnote [Text Block]
(Decrease) increase in accounts payable and other accrued expenses
Increase (Decrease) in Accounts Payable and Accrued Liabilities
Liabilities at Fair Value:
Liabilities, Fair Value Disclosure [Abstract]
Capital shares reserved for future issuance (in shares)
Common Stock, Capital Shares Reserved for Future Issuance
Weighted Average Maturity in days
Repurchase Agreement Counterparty, Weighted Average Maturity of Agreements
Series C Preferred stock dividends paid
Payments of dividends
Payments of Ordinary Dividends, Preferred Stock and Preference Stock
Disclosure of Repurchase Agreements [Abstract]
Disclosure of Repurchase Agreements [Abstract]
Stock, Class of Stock [Table]
Stock, Class of Stock [Table]
Repurchase Agreement Borrowings
Repurchase Agreement Borrowings [Member]
Repurchase Agreement Borrowings [Member]
ATM Sales Agreement
ATM Sales Agreement [Member]
ATM Sales Agreement
Increase in accrued interest receivable
Increase (Decrease) in Accrued Interest Receivable, Net
Adjustment to Compensation, Amount
Adjustment to Compensation Amount
Affiliated Entity
Affiliated Entity [Member]
Percentage of concentration risk
Concentration Risk, Percentage
Principal repayments on repurchase agreements (including $(86,699,441), $(58,734,577) and $(68,737,266), respectively with BUCKLER)
Principal repayments on repurchase agreements
Payments For Securities Sold Under Agreements To Repurchase
Payments For Securities Sold Under Agreements To Repurchase
Comprehensive Income (Loss) per share available (related) to common stockholders:
Comprehensive Income (Loss) Per Share [Abstract]
Comprehensive Income (Loss) Per Share [Abstract]
Gross Amounts Not Offset Financial Instruments, Liabilities
Debt Securities, Available For Purchase And Trading, Repurchase Securities, Subject To Master Netting Arrangement, Deduction Of Financial Instrument Not Offset
Debt Securities, Available For Purchase And Trading, Repurchase Securities, Subject To Master Netting Arrangement, Deduction Of Financial Instrument Not Offset
Stock based compensation
Share-Based Payment Arrangement, Noncash Expense
Proceeds from divestiture of interest in joint venture
Proceeds from Divestiture of Interest in Joint Venture
Diluted (in dollars per share)
Comprehensive Income (Loss) Available To Common Stockholders, Per Share, Diluted
Comprehensive Income (Loss) Available To Common Stockholders, Per Share, Diluted
Employee Stock Option
Share-Based Payment Arrangement, Option [Member]
Award Timing MNPI Disclosure
Award Timing MNPI Disclosure [Text Block]
Cash and cash equivalents
Cash and Cash Equivalents, Policy [Policy Text Block]
Obligations to Return Securities Received as Collateral, at Fair Value
Derivatives, Offsetting Fair Value Amounts, Policy [Policy Text Block]
Interest Income:
Interest Income (Expense), Operating [Abstract]
Total Stockholders’ Equity
Beginning balance
Ending balance
Equity, Attributable to Parent
Period of written notice of termination (in days)
Management Agreement, Period Of Written Notice Of Termination
Management Agreement, Period Of Written Notice Of Termination
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) [Line Items]
Insider Trading Policies and Procedures [Line Items]
Stock-based compensation expense
Share-Based Payment Arrangement, Expense
The 2009 Stock Incentive Plan
The 2009 Stock Incentive Plan [Member]
-- None. No documentation exists for this element. --
Monthly percentage of effective management fee percentage
Related Party Transaction, Management Agreement, Monthly Percentage of Effective Management Fee Percentage
Related Party Transaction, Management Agreement, Monthly Percentage of Effective Management Fee Percentage
Common stock, shares authorized (in shares)
Common Stock, Shares Authorized
Issuance of common stock, net (in shares)
Stock Issued During Period, Shares, New Issues
Assets Sold under Agreements to Repurchase [Line Items]
Assets Sold under Agreements to Repurchase [Line Items]
Total Liabilities and Stockholders’ Equity
Liabilities and Equity
Derivative Instruments, Gain (Loss) [Table]
Derivative Instruments, Gain (Loss) [Table]
Concentration Risk Benchmark [Axis]
Concentration Risk Benchmark [Axis]
Liabilities and Stockholders’ Equity
Liabilities and Equity [Abstract]
Book to tax differences:
Book to tax differences: [Abstract]
-- None. No documentation exists for this element. --
Cover [Abstract]
Cover [Abstract]
Maximum
Maximum [Member]
Total management fee expense
Management Fee Expense [Member]
Management Fee Expense
Investments in and Advances to Affiliates [Line Items]
Investments in and Advances to Affiliates [Line Items]
Accounting Policies [Abstract]
Accounting Policies [Abstract]
Remaining shares authorized to be repurchased (in shares)
Share Repurchase Program, Remaining Authorized, Number of Shares
Investments in securities, at fair value:
Debt Securities, Current [Abstract]
Cash collateral posted to counterparties
Cash Collateral for Borrowed Securities
Aggregate tax basis of stockholders' equity in excess of assets and liabilities (in dollars per share)
Aggregate Tax Basis Stockholders' Equity in Excess of Assets and Liabilities Per Share
Aggregate Tax Basis Stockholders' Equity in Excess of Assets and Liabilities Per Share
Concentration Risk Type [Domain]
Concentration Risk Type [Domain]
Less management fees waived
Investment Company, Contractual Fee Waived
Non-PEO NEO Average Total Compensation Amount
Non-PEO NEO Average Total Compensation Amount
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]
Proceeds from sales of U.S. Treasury Securities (including $100,502, $0 and $154,875 with BUCKLER, respectively)
Proceeds from sales of U.S. treasury securities
Proceeds from Sale, Debt Security, Trading, and Equity Security, FV-NI, Held-for-Investment
Adjustment to Non-PEO NEO Compensation Footnote
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
Pay vs Performance Disclosure [Line Items]
Forgone Recovery due to Disqualification of Tax Benefits, Amount
Forgone Recovery due to Disqualification of Tax Benefits, Amount
Change in derivatives, at fair value
Increase (Decrease) in Derivative Assets and Liabilities
Preferred stock, liquidation preference per share (in dollars per share)
Preferred Stock, Liquidation Preference Per Share
Liabilities:
Liabilities [Abstract]
Non-Rule 10b5-1 Arrangement Terminated
Non-Rule 10b5-1 Arrangement Terminated [Flag]
Entity Shell Company
Entity Shell Company
2021 Common Stock ATM Sales Agreement
2021 Common Stock ATM Sales Agreement [Member]
2021 Common Stock ATM Sales Agreement
Accounts payable and other accrued expenses
Accounts Payable and Other Accrued Liabilities
Statement of Stockholders' Equity [Abstract]
Statement of Stockholders' Equity [Abstract]
Statement of Cash Flows [Abstract]
Statement of Cash Flows [Abstract]
Company Selected Measure Amount
Company Selected Measure Amount
Award Timing MNPI Considered
Award Timing MNPI Considered [Flag]
Comprehensive Income (Loss)
Other Comprehensive income (loss)
Comprehensive Income (Loss)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
Name
Measure Name
Offsetting Liabilities [Table]
Offsetting Liabilities [Table]
Subordinated loan to BUCKLER
Other Receivables
Principal repayments of Agency Securities
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale
Management fees
Management Fee Expense
Class of Stock [Line Items]
Class of Stock [Line Items]
Document Fiscal Period Focus
Document Fiscal Period Focus
Weighted Average Contractual Rate
Assets Sold under Agreements to Repurchase, Interest Rate
Estimated REIT taxable income
Estimated REIT Taxable Income
Estimated REIT Taxable Income
Interest Income (including $0, $0 and $973, respectively with BUCKLER)
Interest income
Interest Income, Debt Securities, Operating
Award Timing Method
Award Timing Method [Text Block]
Award Type [Axis]
Award Type [Axis]
TBA Agency Securities
To-be-Announced Agency Securities [Member]
To-be-Announced Agency Securities [Member]
Schedule of Dividends Payable
Schedule of Dividends Payable [Table Text Block]
Total Assets
Assets
Greater than or equal to 3 years and less than 5 years
Trading Securities, Debt Maturities, Rolling Year Four Through Five, Amortized Cost Basis
Trading Securities, Debt Maturities, Rolling Year Four Through Five, Amortized Cost Basis
Schedule of Reverse Repurchase Agreements Gross and Net Securities Purchased and Sold
Reverse Repurchase Agreements Gross and Net Securities Purchased and Sold [Table Text Block]
Reverse Repurchase Agreements Gross and Net Securities Purchased and Sold
Cash Flows Provided By (Used In) Investing Activities:
Cash Provided by (Used in) Investing Activity, Continuing Operation [Abstract]
Investment, Name [Domain]
Investment, Name [Domain]
Cumulative Distributions to Stockholders
Accumulated Distributions in Excess of Net Income [Member]
Trading Symbol
Trading Symbol
Vested (in dollars per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value
Nonemployee services transaction, quarterly fee
Nonemployee Services Transaction, Quarterly Fee
Nonemployee Services Transaction, Quarterly Fee
Comprehensive Income (Loss) available (related) to common stockholders
Comprehensive Income (Loss) Available To Common Stockholders
Comprehensive Income (Loss) Available To Common Stockholders
Operating Loss Carryforwards [Table]
Operating Loss Carryforwards [Table]
Stock based compensation, net of withholding requirements (in shares)
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture
Entity Address, City or Town
Entity Address, City or Town
Debt securities
Debt Securities
Net Amounts Presented in the Consolidated Balance Sheet, Assets
Debt Securities, Available For Sale And Trading, Repurchase Securities, Net Amounts Presented In The Consolidated Balance Sheet
Debt Securities, Available For Sale And Trading, Repurchase Securities, Net Amounts Presented In The Consolidated Balance Sheet
(Gain) Loss on U.S. Treasury Securities, net
Debt Securities, Trading, Unrealized Gain (Loss)
Concentration Risk Type [Axis]
Concentration Risk Type [Axis]
Non-PEO NEO Average Compensation Actually Paid Amount
Non-PEO NEO Average Compensation Actually Paid Amount
Restricted Stock Units (RSUs)
Restricted Stock Units (RSUs) [Member]
Compensation Actually Paid vs. Other Measure
Compensation Actually Paid vs. Other Measure [Text Block]
Assets at Fair Value:
Assets, Fair Value Disclosure [Abstract]
Entity Emerging Growth Company
Entity Emerging Growth Company
Financial Instruments
Derivative Asset, Subject to Master Netting Arrangement, Deduction of Financial Instrument Not Offset
Dividends declared per common share (in dollars per share)
Common Stock, Dividends, Per Share, Declared
Entity Common Stock, Shares Outstanding (in shares)
Entity Common Stock, Shares Outstanding
Changes in operating assets and liabilities:
Increase (Decrease) in Operating Assets [Abstract]
Gross equity raised
Related Party Transaction, Management Agreement, Gross Equity Raised
Related Party Transaction, Management Agreement, Gross Equity Raised
Cash Collateral
Derivative Liability, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash Not Offset
Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year
Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year [Member]
Gross Unrealized Loss
Debt Securities, Trading, Accumulated Gross Unrealized Loss, Before Tax
Debt Securities, Trading, Accumulated Gross Unrealized Loss, Before Tax
Level 2
Fair Value, Inputs, Level 2 [Member]
Document Financial Statement Error Correction [Flag]
Document Financial Statement Error Correction [Flag]
Insider Trading Policies and Procedures Not Adopted
Insider Trading Policies and Procedures Not Adopted [Text Block]
Basis of Presentation and Consolidation
Basis of Accounting [Text Block]
Related Party
Related Party [Member]
Common stock, shares outstanding (in shares)
Beginning balance, common (in shares)
Ending balance, common (in shares)
Common Stock, Shares, Outstanding
Plan Name [Axis]
Plan Name [Axis]
PEO
PEO [Member]
U.S. Treasury Securities
Effective Taxable Income Reconciliation, Trading Securities, US Treasury Securities
Effective Taxable Income Reconciliation, Trading Securities, US Treasury Securities
Fair Value
Debt Securities, Trading
Schedule of Investments Classified by Contractual Maturity Date
Investments Classified by Contractual Maturity Date [Table Text Block]
Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year
Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year [Member]
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Accumulated Net Loss
Retained Earnings [Member]
Audit Information [Abstract]
Audit Information
Number of Awards
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Entity Address, Postal Zip Code
Entity Address, Postal Zip Code
Restatement Determination Date
Restatement Determination Date
Share-based Payment Arrangement [Abstract]
Share-Based Payment Arrangement [Abstract]
Cash and cash equivalents and cash collateral posted to counterparties - beginning of year
Cash and cash equivalents and cash collateral posted to counterparties - end of year
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation
Income Statement [Abstract]
Income Statement [Abstract]
Derivatives, at fair value
Derivatives
Gross Amounts
Derivative Asset
Basis spread
Debt Instrument, Basis Spread on Variable Rate
Preferred stock dividends cash paid (in dollars per share)
Preferred Stock, Dividends, Per Share, Cash Paid
Two Repurchase Agreement Counterparties
Two Repurchase Agreement Counterparties [Member]
Two Repurchase Agreement Counterparties
Sale of Stock [Domain]
Sale of Stock [Domain]
Preferred stock, shares issued (in shares)
Preferred Stock, Shares Issued
Pension Adjustments Service Cost
Pension Adjustments Service Cost [Member]
Add: Effect of dilutive non-vested awards, assumed vested (in shares)
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements, Comprehensive Income (Loss)
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements, Comprehensive Income (Loss)
Fair Value Hierarchy and NAV [Axis]
Fair Value Hierarchy and NAV [Axis]
Restatement does not require Recovery
Restatement Does Not Require Recovery [Text Block]
Notional Amount
Derivative, Notional Amount
Net Amounts Presented in the Consolidated Balance Sheet, Liabilities
Debt Securities, Available For Purchase And Trading, Repurchase Securities, Net Amounts Presented In The Consolidated Balance Sheet
Debt Securities, Available For Purchase And Trading, Repurchase Securities, Net Amounts Presented In The Consolidated Balance Sheet
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Weighted average common shares outstanding - diluted (in shares)
Weighted Average Number of Shares Outstanding, Diluted, Comprehensive Income (Loss)
Weighted Average Number of Shares Outstanding, Diluted, Comprehensive Income (Loss)
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Amounts receivable for issuance of preferred stock
Issuance Of Preferred Stock Receivable
Issuance Of Preferred Stock Receivable
City Area Code
City Area Code
Award Timing, How MNPI Considered
Award Timing, How MNPI Considered [Text Block]
All Trading Arrangements
All Trading Arrangements [Member]
Equity Awards Adjustments, Footnote
Equity Awards Adjustments, Footnote [Text Block]
Total Shareholder Return Vs Peer Group
Total Shareholder Return Vs Peer Group [Text Block]
Dividends on preferred stock
Less: Preferred dividends
Preferred Stock Dividends, Income Statement Impact
Unvested RSU Awards Outstanding beginning of period (in shares)
Unvested RSU Awards Outstanding end of period (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Abstract]
Debt Securities, Trading, and Equity Securities, FV-NI [Table]
Debt Securities, Trading, and Equity Securities, FV-NI [Table]
Equity method investments, value
Equity Method Investment, Quoted Market Value
Pay vs Performance Disclosure
Pay vs Performance Disclosure [Table]
Net cash and cash equivalents and cash collateral posted to counterparties provided by operating activities
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation
Accrued interest receivable
Interest Receivable
Effective management fee (as percent)
Related Party Transaction, Management Agreement, Effective Management Fee Percentage
Related Party Transaction, Management Agreement, Effective Management Fee Percentage
Related Party Transactions [Abstract]
Related Party Transactions [Abstract]
Proceeds from sales of Agency Securities
Proceeds from Sale of Debt Securities, Available-for-Sale
Greater than or equal to 3 years and less than 5 years
Interest Rate Swap, Between 3 and 5 Years [Member]
Interest Rate Swap, Between 3 and 5 Years [Member]
Preferred stock, par value (in dollars per share)
Preferred Stock, Par or Stated Value Per Share
Subsequent Event
Subsequent Event [Member]
Net Interest Income
Interest Income (Expense), Operating
Equity Valuation Assumption Difference, Footnote
Equity Valuation Assumption Difference, Footnote [Text Block]
PEO Total Compensation Amount
PEO Total Compensation Amount
Long-Term Debt, Type [Axis]
Long-Term Debt, Type [Axis]
Repurchase Agreements and Similar Transactions, Maturity Periods [Axis]
Repurchase Agreements and Similar Transactions, Maturity Periods [Axis]
Equity Components [Axis]
Equity Components [Axis]
Management Fees Waived
Less management fees waived
Management Fees Waived [Member]
Management Fees Waived
Auditor Name
Auditor Name
Organization and Nature of Business Operations
Nature of Operations [Text Block]
Non-Rule 10b5-1 Arrangement Adopted
Non-Rule 10b5-1 Arrangement Adopted [Flag]
Concentration Risk [Table]
Concentration Risk [Table]
Capital Loss Carryforward
Capital Loss Carryforward [Member]
Supplemental Disclosure:
Supplemental Cash Flow Information [Abstract]
Other Performance Measure, Amount
Other Performance Measure, Amount
Schedule of Contractual Management Fee Commitments Obligation
Contractual Obligation, Fiscal Year Maturity [Table Text Block]
Entity Address, State or Province
Entity Address, State or Province
Investments in Securities, at Fair Value
Marketable Securities, Policy [Policy Text Block]
Common stock dividends
Aggregate amount paid to holders of record
Dividends, Common Stock
Unissued preferred stock (in shares)
Preferred Stock, Shares Subscribed but Unissued
Related Party [Domain]
Related and Nonrelated Parties [Domain]
Issuance of Preferred stock, net
Stock Issued During Period, Value, New Issues, Preferred Stock
Stock Issued During Period, Value, New Issues, Preferred Stock
Derivative Instrument [Axis]
Derivative Instrument [Axis]
Individual:
Individual [Axis]
Maximum lending capacity
Related Party Transactions, Maximum Lending Capacity
Related Party Transactions, Maximum Lending Capacity
Common stock dividends paid
Aggregate amount paid to holders of record
Payments of Ordinary Dividends, Common Stock
Document Annual Report
Document Annual Report
Cumulative distributions to stockholders
Cumulative distributions to stockholders
Cumulative Dividends
Entities [Table]
Entities [Table]
ARMOUR management fees
ARMOUR Management Fees [Member]
ARMOUR Management Fees
Net cash and cash equivalents and cash collateral posted to counterparties used in investing activities
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation
Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table
Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table [Member]
Cash paid during the year for interest
Interest Paid, Excluding Capitalized Interest, Operating Activity
Document Fiscal Year Focus
Document Fiscal Year Focus
Basis of Presentation
Basis of Accounting, Policy [Policy Text Block]
Forgone Recovery, Explanation of Impracticability
Forgone Recovery, Explanation of Impracticability [Text Block]
Entity Interactive Data Current
Entity Interactive Data Current
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Futures contracts
Eurodollar Future [Member]
Cash Flows Provided By (Used In) Operating Activities:
Cash Provided by (Used in) Operating Activity, Continuing Operation [Abstract]
Plan Name [Domain]
Plan Name [Domain]
Increase (decrease) in cash collateral posted by counterparties
Increase (Decrease) Cash Collateral from Counterparties
Greater than or equal to 7 years
Interest Rate Swap, Greater Than Or Equal To 7 Years [Member]
Interest Rate Swap, Greater Than Or Equal To 7 Years
Non-Cash Financing Activities:
Additional Cash Flow Elements, Financing Activity [Abstract]
Equity [Abstract]
Equity [Abstract]
(Decrease) increase in accrued interest payable- U.S. Treasury Securities sold short
Increase (Decrease) In Interest Payable, U.S. Treasury Securities Sold Short
Increase (Decrease) In Interest Payable, U.S. Treasury Securities Sold Short
Derivatives, at Fair Value
Derivatives, Policy [Policy Text Block]
Segment Reporting
Segment Reporting Disclosure [Text Block]
Average haircut (as a percent)
Haircut on Repurchase Agreements
Haircut on Repurchase Agreements
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
U.S. Treasury Securities
US Treasury Securities [Member]
Net operating loss carryforwards available for use indefinitely
Deferred Tax Assets, Operating Loss Carryforwards
Common stock ATM Sales Agreement
Common stock ATM Sales Agreement [Member]
Common stock ATM Sales Agreement
Other Commitments [Line Items]
Other Commitments [Line Items]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Certain Officers of ARMOUR
Certain Officers Of ARMOUR [Member]
Certain Officers Of ARMOUR
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Agency Securities
Agency Securities [Member]
Stock repurchase program, number of shares authorized to be repurchased( in shares)
Share Repurchase Program, Authorized, Number of Shares
Fair Value, Recurring and Nonrecurring [Table]
Fair Value, Recurring and Nonrecurring [Table]
Changes in interest rate contracts
Effective Taxable Income Reconciliation, Changes In Derivatives
Effective Taxable Income Reconciliation, Changes In Derivatives
Number of counterparties
Repurchase Agreements, Number Of Counterparties
Repurchase Agreements, Number Of Counterparties
Principal Amount
Debt Securities, Trading, Principal Amount
Debt Securities, Trading, Principal Amount
Common stock repurchased
Stock Repurchased During Period, Value
Repurchase Agreements, net
Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block]
Receipts from reverse repurchase agreements (including $2,307,250, $4,550,325 and $3,124,829, respectively with BUCKLER)
Receipts from reverse repurchase agreements
Proceeds from Securities Purchased under Agreements to Resell
Number of counterparties with master repurchase agreements
Repurchase Agreements, Number of Counterparties with Master Repurchase Agreements
Repurchase Agreements, Number of Counterparties with Master Repurchase Agreements
Amortized Cost
Debt Securities, Trading, Amortized Cost
Entity Central Index Key
Entity Central Index Key
PEO Name
PEO Name
Reverse Stock Split
Reverse Stock Split [Member]
Reverse Stock Split
Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year
Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year [Member]
Outstanding Aggregate Erroneous Compensation Amount
Outstanding Aggregate Erroneous Compensation Amount
Arrangement Duration
Trading Arrangement Duration
Three Repurchase Agreement Counterparties
Three Repurchase Agreement Counterparties [Member]
Three Repurchase Agreement Counterparties
(Increase) decrease in prepaid and other assets
Increase (Decrease) in Prepaid Expense and Other Assets
Stockholders' Equity
Stockholders' Equity, Total [Member]
Exercise Price
Award Exercise Price
Amortization of deferred Treasury Future gains
Effective Taxable Income Reconciliation, Amortization Of Deferred Treasury Future Gains
Effective Taxable Income Reconciliation, Amortization Of Deferred Treasury Future Gains
Entity Filer Category
Entity Filer Category
Reverse repurchase agreements
Gross Amounts, Assets
Debt Securities, Available For Sale And Trading, Repurchase Securities, Gross
Debt Securities, Available For Sale And Trading, Repurchase Securities, Gross
Local Phone Number
Local Phone Number
Class of Stock [Domain]
Class of Stock [Domain]
Additional 402(v) Disclosure
Additional 402(v) Disclosure [Text Block]
Subsequent Event Type [Axis]
Subsequent Event Type [Axis]
Less than 1 year
Trading Securities, Debt Maturities, Next Rolling Twelve Months, Amortized Cost Basis
Trading Securities, Debt Maturities, Next Rolling Twelve Months, Amortized Cost Basis
Stock Based Compensation
Share-Based Payment Arrangement [Text Block]
≤ 30 days
Maturity Less than 30 Days [Member]
Assets
Assets [Abstract]
Underlying Security Market Price Change
Underlying Security Market Price Change, Percent
Comprehensive Income (Loss) available (related) to common stockholders
Comprehensive Income (Loss), Net Of Tax, Available To Common Stockholders
Comprehensive Income (Loss), Net Of Tax, Available To Common Stockholders
Unrealized gain (loss) yet to be amortized
Derivative Instrument, Unrealized Gain (Loss), Yet To Be Recognized
Derivative Instrument, Unrealized Gain (Loss), Yet To Be Recognized
Issuance of Preferred stock, net (in shares)
Stock Issued During Period, Shares, New Issues, Preferred Stock
Stock Issued During Period, Shares, New Issues, Preferred Stock
Forfeited (in dollars per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value
Percentage of gross equity raised used in calculation of management fee up to 1 Billion
Related Party Transaction, Management Agreement, Percentage of Gross Equity Raised Used in Calculation of Management Fee up to One Billion
Related Party Transaction, Management Agreement, Percentage of Gross Equity Raised Used in Calculation of Management Fee up to One Billion
Revenue Recognition
Revenue Recognition, Interest [Policy Text Block]
Fair Value of Financial Instruments
Fair Value Disclosures [Text Block]
Stockholders’ Equity:
Equity, Attributable to Parent [Abstract]
Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year
Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year [Member]
Subordinated loan agreements, automatic extension period
Subordinated Loan Agreement, Automatic Extension Period
Subordinated Loan Agreement, Automatic Extension Period
Entity Address, Address Line One
Entity Address, Address Line One
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent [Member]
Investment, Name [Axis]
Investment, Name [Axis]
Entity Voluntary Filers
Entity Voluntary Filers
Derivatives
Derivative Instruments and Hedging Activities Disclosure [Text Block]
Greater than or equal to 1 year and less than 3 years
Trading Securities, Debt Maturities, Rolling Year Two and Three, Amortized Cost Basis
Trading Securities, Debt Maturities, Rolling Year Two and Three, Amortized Cost Basis
Schedule of Equity Transactions
Schedule of Stock by Class [Table Text Block]
Fair Value as of Grant Date
Award Grant Date Fair Value
Entity Registrant Name
Entity Registrant Name
Board of Directors
Board of Directors [Member]
Board of Directors [Member]
Debt securities
Debt Securities, Available for Sale And Trading, Agency Securities
Debt Securities, Available for Sale And Trading, Agency Securities
Stock Price or TSR Estimation Method
Stock Price or TSR Estimation Method [Text Block]
Repurchase agreements, carrying amount
Balance
Assets Sold under Agreements to Repurchase, Carrying Amount
Compensation
Labor and Related Expense
Add: Effect of dilutive non-vested awards, assumed vested (in shares)
Incremental Common Shares Attributable to Dilutive Effect of Share-Based Payment Arrangements
Granted (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period
Title and Position [Domain]
Title and Position [Domain]
Forfeited (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeited in Period
Compensation cost not yet recognized
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount
Related Party Transaction [Line Items]
Related Party Transaction [Line Items]
Total Net, Liabilities
Debt Securities, Available For Purchase And Trading, Repurchase Securities, Net
Debt Securities, Available For Purchase And Trading, Repurchase Securities, Net
Changed Peer Group, Footnote
Changed Peer Group, Footnote [Text Block]
Counterparty Name [Domain]
Counterparty Name [Domain]
Ratio of indebtedness to net capital
Ratio of Indebtedness to Net Capital
Conversion ratio of reverse stock split
Stockholders' Equity Note, Stock Split, Conversion Ratio
Adjustment To PEO Compensation, Footnote
Adjustment To PEO Compensation, Footnote [Text Block]
Granted (in dollars per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value
Related Party [Axis]
Related and Nonrelated Parties [Axis]
Title
Trading Arrangement, Individual Title
Peer Group Total Shareholder Return Amount
Peer Group Total Shareholder Return Amount
Sale of stock, commission rate (as percent)
Sale of Stock, Commission Rate
Sale of Stock, Commission Rate
Total Net
Derivative Liability, Subject to Master Netting Arrangement, after Offset and Deduction
Prepaid and other
Prepaid Expense and Other Assets
Restatement Determination Date:
Restatement Determination Date [Axis]
Automatic renewal period of management agreement
Management Agreement, Automatic Renewal Period
Management Agreement, Automatic Renewal Period
Stock based compensation, net of withholding requirements
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture
Non-PEO NEO
Non-PEO NEO [Member]
Non-Cash Investing Activities:
Additional Cash Flow Elements, Investing Activity [Abstract]
Preferred stock, dividend rate (as percent)
Preferred Stock, Dividend Rate, Percentage
Sale of Stock [Axis]
Sale of Stock [Axis]
Gross Unrealized Gain
Debt Securities, Trading, Accumulated Gross Unrealized Gain, Before Tax
Debt Securities, Trading, Accumulated Gross Unrealized Gain, Before Tax
Schedule of Common Stock ATM Transactions
Schedule Of Common Stock ATM Transactions [Table Text Block]
Schedule Of Common Stock ATM Transactions
Schedule of Offsetting Assets
Offsetting Assets [Table Text Block]
Name
Trading Arrangement, Individual Name
Schedule of Repurchase Agreements
Schedule of Repurchase Agreements [Table Text Block]
Award Type [Domain]
Award Type [Domain]
Cash collateral posted by counterparties
Cash Collateral Held For Counterparties
Cash Collateral Held For Counterparties
Equity Awards Adjustments
Equity Awards Adjustments [Member]
Counterparty Concentration Risk
Counterparty Concentration Risk [Member]
Counterparty Concentration Risk [Member]
Pension Benefits Adjustments, Footnote
Pension Benefits Adjustments, Footnote [Text Block]
Compensation Amount
Outstanding Recovery Compensation Amount
Recovery of Erroneously Awarded Compensation Disclosure [Line Items]
Preferred stock, undesignated shares authorized (in shares)
Preferred Stock, Undesignated Shares Authorized
Preferred Stock, Undesignated Shares Authorized
Gross Amounts Not Offset Cash Collateral, Assets
Debt Securities, Available For Sale And Trading, Repurchase Securities, Subject To Master Netting Arrangement, Collateral, Obligation To Return Cash Not Offset
Debt Securities, Available For Sale And Trading, Repurchase Securities, Subject To Master Netting Arrangement, Collateral, Obligation To Return Cash Not Offset
Offsetting Assets [Table]
Offsetting Assets [Table]
Other
Effective Taxable Income Reconciliation, Other Adjustments
Effective Taxable Income Reconciliation, Other Adjustments
Preferred Stock
Preferred dividends
Preferred Stock [Member]
MNPI Disclosure Timed for Compensation Value
MNPI Disclosure Timed for Compensation Value [Flag]
Name
Awards Close in Time to MNPI Disclosures, Individual Name
Armour Management Agreement
Armour Management Agreement [Member]
Armour Management Agreement [Member]
Unvested RSU awards outstanding (in dollars per share)
Unvested RSU Awards Outstanding beginning of period (in dollars per share)
Unvested RSU Awards Outstanding end of period (in dollars per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value
Aggregate Erroneous Compensation Not Yet Determined
Aggregate Erroneous Compensation Not Yet Determined [Text Block]
ICFR Auditor Attestation Flag
ICFR Auditor Attestation Flag
Documents Incorporated by Reference
Documents Incorporated by Reference [Text Block]
Receivables and Payables for Unsettled Sales and Purchases
Receivables and Payable for Unsettled Sales and Purchases, Policy [Policy Text Block]
Receivables and Payable for Unsettled Sales and Purchases, Policy [Policy Text Block]
Financial Instruments
Derivative Liability, Subject to Master Netting Arrangement, Deduction of Financial Instrument Not Offset
Loss on Security sales
Effective Taxable Income Reconciliation, (Gains) Losses On Available-For-Sale Securities
Effective Taxable Income Reconciliation, (Gains) Losses On Available-For-Sale Securities
> 30 days to ≤ 60 days
Maturity 31 To 60 Days [Member]
-- None. No documentation exists for this element. --
Repurchase Agreements
Reverse Repurchase Agreements
Repurchase Agreements [Member]
Net unrealized gain (loss) on available for sale Agency Securities
OCI, Debt Securities, Available-for-Sale, Gain (Loss), after Adjustment and Tax
Financial Instruments [Domain]
Financial Instruments [Domain]
Auditor Firm ID
Auditor Firm ID
Common stock, additional shares authorized (in shares)
Common Stock, Additional Shares Authorized
Common Stock, Additional Shares Authorized
Investments in Securities
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]
Aggregate Pension Adjustments Service Cost
Aggregate Pension Adjustments Service Cost [Member]
Repurchase Agreements and Similar Transactions, Maturity Periods [Domain]
Repurchase Agreements and Similar Transactions, Maturity Periods [Domain]
Fair Value Hierarchy and NAV [Domain]
Fair Value Hierarchy and NAV [Domain]
Schedule of Common Shares Repurchased
Common Shares Repurchased [Table Text Block]
Common Shares Repurchased
Total Other Income (Loss)
Other Operating Income (Loss)
Other Operating Income (Loss)
Total Net, Assets
Debt Securities, Available For Sale And Trading, Repurchase Securities, Net
Debt Securities, Available For Sale And Trading, Repurchase Securities, Net
BUCKLER Securities, LLC
BUCKLER Securities, LLC [Member]
BUCKLER Securities, LLC [Member]
Minimum
Minimum [Member]
Total Net
Derivative Asset, Subject to Master Netting Arrangement, after Offset and Deduction
Cash Collateral
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash Not Offset
Company Selected Measure Name
Company Selected Measure Name
Purchases of Agency Securities (including $0, $0 and $57,039 with BUCKLER, respectively)
Purchases of agency securities
Payments to Acquire Debt Securities, Available-for-Sale
Preferred stock, $0.001 par value, 50,000 shares authorized; 7.00% Series C Cumulative Preferred Stock; 7,048 shares and 6,847 shares issued and outstanding ($176,196 and $171,175 aggregate liquidation preference), respectively.
Preferred Stock, Value, Issued
Aggregate Available
Trading Arrangement, Securities Aggregate Available Amount
Fair Value
Debt Securities, Trading, and Equity Securities, FV-NI [Abstract]
Investments in and Advances to Affiliates [Table]
Investments in and Advances to Affiliates [Table]
Stock Appreciation Rights (SARs)
Stock Appreciation Rights (SARs) [Member]
Gross Amounts, Liabilities
Debt Securities, Available For Purchase And Trading, Repurchase Securities, Gross
Debt Securities, Available For Purchase And Trading, Repurchase Securities, Gross
Less than 1 year
Trading Securities, Debt Maturities, Next Rolling Twelve Months, Fair Value
Trading Securities, Debt Maturities, Next Rolling Twelve Months, Fair Value
All Executive Categories
All Executive Categories [Member]
Gross Amounts offset in the Consolidated Balance Sheet, Assets
Debt Securities, Available For Sale And Trading, Repurchase Securities, Gross Amounts Offset In The Consolidated Balance Sheet
Debt Securities, Available For Sale And Trading, Repurchase Securities, Gross Amounts Offset In The Consolidated Balance Sheet
Other Expenses Reimbursed
Other Expenses Reimbursed [Member]
Other Expenses Reimbursed
Asset Sold under Agreement to Repurchase [Table]
Asset Sold under Agreement to Repurchase [Table]
Common stock, $0.001 par value, 175,000 and 125,000 shares authorized; 111,915 shares and 62,412 shares issued and outstanding, respectively.
Common Stock, Value, Issued
Commitments and Contingencies
Commitments and Contingencies Disclosure [Text Block]
Disbursements on reverse repurchase agreements (including $(1,860,188), $(4,643,450) and $(2,774,490), respectively with BUCKLER)
Disbursements on reverse repurchase agreements
Payments for Securities Purchased under Agreements to Resell
Title and Position [Axis]
Title and Position [Axis]
Diluted (in shares)
Weighted average common shares outstanding – diluted (in shares)
Weighted Average Number of Shares Outstanding, Diluted
Commitments and contingencies (Note 8 and Note 14)
Commitments and Contingencies
Preferred stock, aggregate liquidation preference
Preferred Stock, Liquidation Preference, Value
Non-GAAP Measure Description
Non-GAAP Measure Description [Text Block]
Weighted average common shares outstanding:
Weighted average common shares outstanding: [Abstract]
-- None. No documentation exists for this element. --
Derivative [Table]
Derivative [Table]
Entity Small Business
Entity Small Business
Commissions
Issuance Costs and Commissions
Commissions
Payments of Stock Issuance Costs
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Abstract]
Weighted Average Remaining Term (Months)
Derivative, Average Remaining Maturity
Amortized Cost
Debt Securities, Trading, and Equity Securities, FV-NI, Cost [Abstract]
Preferred stock, shares outstanding (in shares)
Beginning balance, preferred (in shares)
Ending balance, preferred (in shares)
Preferred Stock, Shares Outstanding
Common Stock Repurchase Program
Common Stock Repurchase Program [Member]
Common Stock Repurchase Program
Document Transition Report
Document Transition Report
Trading securities, number of dealers
Trading Securities, Quotes Received, Number of Dealers
Trading Securities, Quotes Received, Number of Dealers
Ownership percentage
Equity Method Investment, Ownership Percentage
Underlying Securities
Award Underlying Securities Amount
Concentration Risk [Line Items]
Concentration Risk [Line Items]
Schedule of Tax Credit Carryforwards
Summary of Tax Credit Carryforwards [Table Text Block]
Equity Component [Domain]
Equity Component [Domain]
Document Period End Date
Document Period End Date
Proceeds from subordinated loan due to BUCKLER
Proceeds From Subordinated Loan Due From Investment
Proceeds From Subordinated Loan Due From Investment
PEO Actually Paid Compensation Amount
PEO Actually Paid Compensation Amount
Income Taxes
Income Tax Disclosure [Text Block]
Total Expenses after fees waived
Expenses, After Fees Waived
Expenses, After Fees Waived
Total
Contractual Obligation
Awards Close in Time to MNPI Disclosures, Table
Awards Close in Time to MNPI Disclosures [Table Text Block]
Fee Waiver Adjustment, Every Month Thereafter
Fee Waiver Adjustment, Every Month Thereafter [Member]
Fee Waiver Adjustment, Every Month Thereafter
Document Type
Document Type
Level 3
Fair Value, Inputs, Level 3 [Member]
Net Income per Common Share
Comprehensive Income (Loss) per Common Share
Earnings Per Share [Text Block]
Name
Outstanding Recovery, Individual Name
Additional paid-in capital
Additional Paid in Capital
Percent of dividends that represent nontaxable return of capital
Dividends, Percent of Dividends that Represent Nontaxable Return of Capital
Dividends, Percent of Dividends that Represent Nontaxable Return of Capital
Derivative Contract [Domain]
Derivative Contract [Domain]
Issuance of common stock, net of expenses
Net Proceeds
Proceeds from issuance of common stock
Proceeds from Issuance of Common Stock
All Individuals
All Individuals [Member]
Long-Term Debt, Type [Domain]
Long-Term Debt, Type [Domain]
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Abstract]
Amortization of deferred hedging costs
Effective Taxable Income Reconciliation, Amortization Of Financing Costs And Discounts
Effective Taxable Income Reconciliation, Amortization Of Financing Costs And Discounts
Other Income (Loss):
Other Operating Income Loss [Abstract]
Other Operating Income Loss [Abstract]
Name
Forgone Recovery, Individual Name
Proceeds from repurchase agreements (including $89,783,916, $59,055,222 and $69,806,936, respectively with BUCKLER)
Proceeds from repurchase agreements
Proceeds From Securities Sold Under Agreements To Repurchase
Proceeds From Securities Sold Under Agreements To Repurchase
Statistical Measurement [Axis]
Statistical Measurement [Axis]
Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested
Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested [Member]
Net amortization of U.S. Treasury Securities
Accretion (Amortization) of Discounts and Premiums, Investments, Trading
Accretion (Amortization) of Discounts and Premiums, Investments, Trading
Aggregate Erroneous Compensation Amount
Aggregate Erroneous Compensation Amount
Peer Group Issuers, Footnote
Peer Group Issuers, Footnote [Text Block]
Schedule of Derivative Instruments
Schedule of Derivative Instruments [Table Text Block]
Net Income (Loss) available (related) to common stockholders
Net Income (Loss) available (related) to common stockholders
Net Income (Loss) Available to Common Stockholders, Basic
Entity Information [Line Items]
Entity Information [Line Items]
Erroneous Compensation Analysis
Erroneous Compensation Analysis [Text Block]
Other Comprehensive income
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent
August 2025 Public Offering
August 2025 Public Offering [Member]
August 2025 Public Offering
Schedule of Derivative Instruments, Gain (Loss)
Derivative Instruments, Gain (Loss) [Table Text Block]
Total Expenses
Operating Expenses
Rule 10b5-1 Arrangement Terminated
Rule 10b5-1 Arrangement Terminated [Flag]
Level 1
Fair Value, Inputs, Level 1 [Member]
Agency Securities, trading
Effective Taxable Income Reconciliation, Trading Securities, Agency Securities
Effective Taxable Income Reconciliation, Trading Securities, Agency Securities
Gross Amounts Not Offset Financial Instruments, Assets
Debt Securities, Available For Sale And Trading, Repurchase Securities, Subject To Master Netting Arrangement, Deduction Of Financial Instrument Not Offset
Debt Securities, Available For Sale And Trading, Repurchase Securities, Subject To Master Netting Arrangement, Deduction Of Financial Instrument Not Offset
Related Party Transaction [Table]
Related Party Transaction [Table]
Diluted (in dollars per share)
Net Income (Loss) per share available (related) to common stockholders - diluted (in dollars per share)
Earnings Per Share, Diluted
Erroneously Awarded Compensation Recovery
Erroneously Awarded Compensation Recovery [Table]
Concentration Risk Benchmark [Domain]
Concentration Risk Benchmark [Domain]
Title of 12(b) Security
Title of 12(b) Security
Number of shares issued in transaction (in shares)
Common ATM shares sold (in shares)
Sale of Stock, Number of Shares Issued in Transaction
Less than 3 years
Interest Rate Swap, Less Than 3 Years [Member]
Interest Rate Swap, Less Than 3 Years [Member]
DRIP shares issued
Stock Issued During Period, Value, Dividend Reinvestment Plan
Net Income (Loss) per share available (related) to common stockholders (Note 11):
Earnings Per Share [Abstract]
Investments, Debt and Equity Securities [Abstract]
Investments, Debt and Equity Securities [Abstract]
Interest expense (including $(294,368), $(249,313) and $(245,846), respectively with BUCKLER)
Interest expense
Interest Expense, Securities Sold under Agreements to Repurchase
Auditor Location
Auditor Location
Number of counterparties with repurchase agreements outstanding
Repurchase Agreements, Number Of Counterparties with Outstanding Borrowings
Repurchase Agreements, Number Of Counterparties with Outstanding Borrowings
Preferred C ATM Sales Agreement
Preferred C ATM Sales Agreement [Member]
Preferred C ATM Sales Agreement
Tax credit carryforward
Tax Credit Carryforward, Amount
2026
Contractual Obligation, to be Paid, Year One
Comprehensive Income (Loss)
Comprehensive Income, Policy [Policy Text Block]
Greater than or equal to 3 years and less than 5 years
Trading Securities, Debt Maturities, Rolling Year Four and Five, Fair Value
Trading Securities, Debt Maturities, Rolling Year Four and Five, Fair Value
Tax Credit Carryforward [Axis]
Tax Credit Carryforward [Axis]
Greater than or equal to 1 year and less than 3 years
Trading Securities, Debt Maturities, Rolling Year Two and Three, Fair Value
Trading Securities, Debt Maturities, Rolling Year Two and Three, Fair Value
Schedule of Sale of Common Stock Repurchases
Sale of Common Stock Repurchases [Table Text Block]
Sale of Common Stock Repurchases
Schedule of Nonvested Restricted Stock Units Activity
Nonvested Restricted Stock Shares Activity [Table Text Block]
Award Timing Disclosures [Line Items]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards [Line Items]
Weighted Average Rate
Derivative Weighted Average Interest Rate
Derivative Weighted Average Interest Rate
Entity Well-known Seasoned Issuer
Entity Well-known Seasoned Issuer
Derivative liability, centrally-cleared
Derivative Liability, Centrally-Cleared
Derivative Liability, Centrally-Cleared
Net unrealized gain on available for sale Agency Securities
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, after Tax
Payable for unsettled purchases
Broker-Dealer, Payable to Other Broker-Dealer and Clearing Organization
Greater than or equal to 5 years and less than 7 years
Interest Rate Swap, Between 5 and 7 Years [Member]
Interest Rate Swap, Between 5 and 7 Years [Member]
Totals
Trading Securities, Debt Maturities, Fair Value
Trading Securities, Debt Maturities, Fair Value
Stockholders' Equity
Equity [Text Block]
Greater than or equal to 5 years
Trading Securities, Debt Maturities, Rolling After Year Five, Fair Value
Trading Securities, Debt Maturities, Rolling After Year Five, Fair Value
Repurchase agreements, net (including $8,426,540 and $4,895,003, respectively with BUCKLER)
Repurchase agreements, net
Securities Sold under Agreements to Repurchase
Net Income (Loss)
Net Income (Loss)
GAAP net income (loss)
Net Income (Loss) Attributable to Parent
Gain on derivatives, net
Total Gain (Loss) on Derivatives, net
Gain (Loss) on Derivative Instruments, Net, Pretax
Expiration Date
Trading Arrangement Expiration Date
Management fees waived
Amounts of transaction
Related Party Transaction, Amounts of Transaction
Schedule of Effective Income Tax Rate Reconciliation
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
Award vesting period (in years)
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period
Greater than or equal to 10 years
Interest Rate Swap, Greater Than Or Equal To 10 Years [Member]
Interest Rate Swap, Greater Than 10 Years [Member]
Preferred stock, shares authorized (in shares)
Preferred Stock, Shares Authorized
Common stock repurchased, net
Cost
Payments for common stock repurchased
Payments for Repurchase of Common Stock
Adoption Date
Trading Arrangement Adoption Date
Aggregate tax basis of stockholders' equity in excess of assets and liabilities
Aggregate Tax Basis Stockholders' Equity in Excess of Assets and Liabilities
Aggregate Tax Basis Stockholders' Equity in Excess of Assets and Liabilities
Compensation Actually Paid vs. Net Income
Compensation Actually Paid vs. Net Income [Text Block]
Entity Current Reporting Status
Entity Current Reporting Status
Derivative [Line Items]
Derivative [Line Items]
Awards Close in Time to MNPI Disclosures
Awards Close in Time to MNPI Disclosures [Table]
Cash Flows Provided By (Used In) Financing Activities:
Cash Provided by (Used in) Financing Activity, Continuing Operation [Abstract]
Schedule of Offsetting Liabilities
Offsetting Liabilities [Table Text Block]
Accumulated net loss
Retained Earnings (Accumulated Deficit)
Weighted average maturity (in days)
Concentration Risk, Weighted Average Maturity
Concentration Risk, Weighted Average Maturity
2023 Common stock ATM Sales Agreement
2023 Common Stock ATM Sales Agreement [Member]
2023 Common Stock ATM Sales Agreement
Prior to Management Fees Waived
Prior To Management Fees Waived [Member]
Prior To Management Fees Waived
Financial Instrument [Axis]
Financial Instrument [Axis]
Derivative, remaining maturity (in years)
Derivative, Remaining Maturity
Statement of Financial Position [Abstract]
Statement of Financial Position [Abstract]
Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested
Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested [Member]
Executive Category:
Executive Category [Axis]
Purchases of U.S. Treasury Securities (including $454,164, $0 and $155,857 with BUCKLER, respectively)
Purchases of U.S. treasury securities
Payment for Acquisition, Trading Security, Held-for-Investment
Gross Amounts offset in the Consolidated Balance Sheet, Liabilities
Debt Securities, Available For Purchase And Trading, Repurchase Securities, Gross Amounts Offset In The Consolidated Balance Sheet
Debt Securities, Available For Purchase And Trading, Repurchase Securities, Gross Amounts Offset In The Consolidated Balance Sheet
Other Operating
Other Operating Income (Expense), Net
ACM
Limited Liability Company [Member]
Gross Amounts Not Offset Cash Collateral, Liabilities
Debt Securities, Available For Purchase And Trading, Repurchase Securities, Subject To Master Netting Arrangement, Collateral, Obligation To Return Cash Not Offset
Debt Securities, Available For Purchase And Trading, Repurchase Securities, Subject To Master Netting Arrangement, Collateral, Obligation To Return Cash Not Offset
Current Fiscal Year End Date
Current Fiscal Year End Date
Class of Stock [Axis]
Class of Stock [Axis]
Subsequent Event Type [Domain]
Subsequent Event Type [Domain]
Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table
Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table [Member]
2029
Contractual Obligation, to be Paid, Year Four
Obligations to return securities received as collateral, at fair value
Obligations to return securities as collateral
Obligation to Return Securities Received as Collateral
Weighted Average Grant Date Fair Value per Award
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Statement [Table]
Statement [Table]
Derivatives, at fair value
Derivatives
Gross Amounts
Derivative Liability
Adjustments to reconcile net income (loss) to net cash and cash equivalents and cash collateral posted to counterparties provided by operating activities:
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]
Equity Awards Adjustments, Excluding Value Reported in Compensation Table
Equity Awards Adjustments, Excluding Value Reported in the Compensation Table [Member]
TRS (income) loss
Effective Taxable Income Reconciliation, Reversal of Income
Effective Taxable Income Reconciliation, Reversal of Income
Series C Preferred Stock
Series C Preferred Stock [Member]
Compensation cost not yet recognized, year one
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Year One
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Year One
Variable Rate [Domain]
Variable Rate [Domain]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Weighted average common shares outstanding:
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Potentially dilutive non-vested awards outstanding (in shares)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount
Issuance of Series C Preferred stock, net of expenses
Proceeds from Issuance of Preferred Stock and Preference Stock
All Adjustments to Compensation
All Adjustments to Compensation [Member]
Amendment Flag
Amendment Flag
Per Share price (in dollars per share)
Sale of Stock, Price Per Share
Other Commitments [Table]
Other Commitments [Table]
Termination Date
Trading Arrangement Termination Date
Net cash and cash equivalents and cash collateral posted to counterparties provided by financing activities
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation
Insider Trading Policies and Procedures Adopted
Insider Trading Policies and Procedures Adopted [Flag]
Measure:
Measure [Axis]
Payable for unsettled purchases
Noncash Investing and Financing Activities, Payables For Unsettled Purchases
Noncash Investing and Financing Activities, Payables For Unsettled Purchases
Accrued Interest Receivable and Payable
Accrued Interest Receivable and Payable, Policy [Policy Text Block]
Disclosure of accounting policy for accrued interest receivable and payable.
Basic (in shares)
Weighted average common shares outstanding – basic (in shares)
Weighted Average Number of Shares Outstanding, Basic
Schedule of Earnings Per Share, Basic and Diluted
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Related Party Transaction [Domain]
Related Party Transaction [Domain]
Net (accretion) amortization of premium (discount) on Agency Securities
Accretion (Amortization) of Discounts and Premiums, Investments, Available-for-Sale
Accretion (Amortization) of Discounts and Premiums, Investments, Available-for-Sale
Compensation cost not yet recognized, year two
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Year Two
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Year Two
Aggregate Borrowings
Borrowings [Member]
Subsequent Events [Abstract]
Subsequent Events [Abstract]
Segment Reporting [Abstract]
Pay vs Performance Disclosure, Table
Pay vs Performance [Table Text Block]
Forgone Recovery due to Violation of Home Country Law, Amount
Forgone Recovery due to Violation of Home Country Law, Amount
Entity Tax Identification Number
Entity Tax Identification Number
2028
Contractual Obligation, to be Paid, Year Three
Realized loss on sale of available for sale Agency Securities (reclassified from Other comprehensive loss)
Realized loss on sale of Agency Securities, available for sale
Realized loss on sale of available for sale securities
Debt Securities, Available-for-Sale, Realized Gain (Loss)
Pledged securities
Debt Securities, Available For Sale And Trading, Agency Securities, Pledged Financial Instruments
Debt Securities, Available For Sale And Trading, Agency Securities, Pledged Financial Instruments
Compensation cost not yet recognized, thereafter
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Thereafter
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Thereafter
Forgone Recovery due to Expense of Enforcement, Amount
Forgone Recovery due to Expense of Enforcement, Amount
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Common stock, par value (in dollars per share)
Common Stock, Par or Stated Value Per Share
Schedule of Weighted Average Number of Shares
Schedule of Weighted Average Number of Shares [Table Text Block]
Common stock, shares issued (in shares)
Common Stock, Shares, Issued
Totals
Trading Securities, Debt Maturities, Amortized Cost Basis
Trading Securities, Debt Maturities, Amortized Cost Basis
Basic (in dollars per share)
Comprehensive Income (Loss) Available To Common Stockholders, Per Share, Basic
Comprehensive Income (Loss) Available To Common Stockholders, Per Share, Basic
Use of Estimates
Use of Estimates, Policy [Policy Text Block]
Payment of dividends
Payments of Dividends
Accrued or unpaid dividends
Dividends Payable, Current
Entity Public Float
Entity Public Float
Increase in accrued interest payable- repurchase agreements
Increase (Decrease) in Payables under Repurchase Agreements
Cash Collateral Posted To/By Counterparties
Cash Collateral Posted/(Held) from Counterparties, Policy [Policy Text Block]
Cash Collateral Posted/(Held) from Counterparties, Policy [Policy Text Block]
Trading Arrangement:
Trading Arrangement [Axis]
Total Shareholder Return Amount
Total Shareholder Return Amount
Repurchase Agreements, net
Repurchase and Resale Agreements Policy [Policy Text Block]
Subsequent Events
Subsequent Events [Text Block]
Insider Trading Arrangements [Line Items]
Security Exchange Name
Security Exchange Name
2027
Contractual Obligation, to be Paid, Year Two
Total Liabilities
Liabilities
Collateralized Mortgage-Backed Securities
Collateralized Mortgage-Backed Securities [Member]
Preferred stock dividends
Dividends, Preferred Stock
DRIP shares issued (in shares)
Stock Issued During Period, Shares, Dividend Reinvestment Plan
DRIP shares issued (in dollars per share)
Dividend Reinvestment Program, Per Share Price
Dividend Reinvestment Program, Per Share Price
Pension Adjustments Prior Service Cost
Pension Adjustments Prior Service Cost [Member]
Common stock repurchased (in shares)
Common stock repurchased (in shares)
Number of shares repurchased (in shares)
Stock Repurchased During Period, Shares
Expenses:
Operating Expenses [Abstract]
Material Terms of Trading Arrangement
Material Terms of Trading Arrangement [Text Block]
Gain (Loss) on Agency Securities, trading, net
(Gain) Loss on Agency Securities, trading, net
Debt Securities, Trading, Gain (Loss)
Offsetting Assets [Line Items]
Offsetting Assets [Line Items]
Issuance of common stock, net
Stock Issued During Period, Value, New Issues
Centrally-cleared
Gain (Loss) On Derivative Instruments, Centrally-Cleared
Gain (Loss) On Derivative Instruments, Centrally-Cleared
Statement [Line Items]
Statement [Line Items]
Variable Rate [Axis]
Variable Rate [Axis]
Rule 10b5-1 Arrangement Adopted
Rule 10b5-1 Arrangement Adopted [Flag]
Cash and cash equivalents
Cash and Cash Equivalent
Termination fee ratio based on contractual management fee
Termination Fee Ratio Based On Contractual Management Fee
Termination Fee Ratio Based On Contractual Management Fee
Counterparty Name [Axis]
Counterparty Name [Axis]
Common Stock
Common Stock [Member]
Vested (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period
Debt securities, Available-for-sale
Debt Securities, Available-for-Sale
Tax Credit Carryforward, Name [Domain]
Tax Credit Carryforward, Name [Domain]
Entity Incorporation, State or Country Code
Entity Incorporation, State or Country Code
Non-NEOs
Non-NEOs [Member]
Net increase (decrease) in cash and cash equivalents and cash collateral posted to counterparties
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation
Gain (Loss) on U.S. Treasury Securities, net
Debt Securities, Gain (Loss)