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Repurchase Agreements (Details 2) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
counterparty
Dec. 31, 2013
Information about MBS    
Repurchase agreements $ 8,606,129 [1] $ 8,339,297 [1]
Number of counterparties 26  
Threshold percent of stockholders' equity at risk with single counterparty to repurchase agreements or Linked Transactions 5.00%  
Repurchase Agreement Borrowings
   
Information about MBS    
Repurchase agreements 8,606,129 [2],[3] 8,339,297 [2]
Weighted Average Interest Rate (as a percent) 0.70% 0.77%
Repurchase Agreement Borrowings | Overnight
   
Information about MBS    
Repurchase agreements 0 [3]  
Weighted Average Interest Rate (as a percent) 0.00%  
Repurchase Agreement Borrowings | Within 30 days
   
Information about MBS    
Repurchase agreements 7,039,400 [3]  
Weighted Average Interest Rate (as a percent) 0.54%  
Repurchase Agreement Borrowings | Over 30 days to 90 days
   
Information about MBS    
Repurchase agreements 1,036,048 [3]  
Weighted Average Interest Rate (as a percent) 1.20%  
Repurchase Agreement Borrowings | Over 90 days to 12 months
   
Information about MBS    
Repurchase agreements 216,421 [3]  
Weighted Average Interest Rate (as a percent) 1.84%  
Repurchase Agreement Borrowings | Over 12 Months
   
Information about MBS    
Repurchase agreements 314,260 [3]  
Weighted Average Interest Rate (as a percent) 1.92%  
Repurchase Agreement Borrowings | Non-Agency MBS
   
Information about MBS    
Repurchase agreements 2,155,402 [4] 2,206,586 [4]
Linked Transactions | Non-Agency MBS
   
Information about MBS    
Linked repurchase agreements $ 206,000 $ 102,700
[1] The fair value of securities pledged against the Company’s repurchase agreements was $10.476 billion and $10.116 billion at March 31, 2014 and December 31, 2013, respectively.
[2] At March 31, 2014 and December 31, 2013, the Company had repurchase agreements of $206.0 million and $102.7 million, respectively, that were linked to Non-Agency MBS purchases and accounted for as Linked Transactions, and as such, the linked repurchase agreements are not included in the above table. (See Note 5)
[3] At March 31, 2014, the Company had repurchase agreements of $206.0 million that were linked to Non-Agency MBS purchases and were accounted for as Linked Transactions, and as such, the linked repurchase agreements are not included in the above table. (See Note 5)
[4] Does not reflect Non-Agency MBS and repurchase agreement borrowings that are components of Linked Transactions.