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SECURITIES - Weighted Average Life (Details) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Estimated Fair Value    
Total [1] $ 69,238,185 $ 65,789,907 [2]
Amortized Cost    
Amortized Cost 72,473,602 70,669,855
Total residential securities    
Estimated Fair Value    
Less than one year 57,966 247,921
Greater than one year through five years 3,737,262 3,002,471
Greater than five years through ten years 61,580,248 55,593,990
Greater than ten years 3,362,098 6,419,216
Total 68,737,574 65,263,598
Amortized Cost    
Less than one year 58,214 264,637
Greater than one year through five years 3,893,816 3,206,250
Greater than five years through ten years 64,468,901 59,658,578
Greater than ten years 3,535,937 6,996,296
Amortized Cost $ 71,956,868 $ 70,125,761
[1] (3)Excludes $1.2 billion and $1.0 billion at March 31, 2023 and December 31, 2022, respectively, of non-Agency mortgage-backed securities in consolidated VIEs pledged as collateral and eliminated from the Company’s Consolidated Statements of Financial Condition. 
[2] (1)Derived from the audited consolidated financial statements at December 31, 2022.