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Collateral Positions (Details 2)
$ in Thousands
Jun. 30, 2016
USD ($)
Collateral Positions  
Total Fair Value of Assets Pledged and Accrued Interest $ 11,129,206
Agency MBS  
Collateral Positions  
Total Fair Value of Assets Pledged and Accrued Interest 4,085,155
Legacy Non-Agency MBS  
Collateral Positions  
Total Fair Value of Assets Pledged and Accrued Interest 2,620,879
RPL/NPL MBS  
Collateral Positions  
Total Fair Value of Assets Pledged and Accrued Interest 2,691,681
U.S. Treasuries  
Collateral Positions  
Total Fair Value of Assets Pledged and Accrued Interest 512,059
CRT securities  
Collateral Positions  
Total Fair Value of Assets Pledged and Accrued Interest 255,804
Residential Whole Loans  
Collateral Positions  
Total Fair Value of Assets Pledged and Accrued Interest 820,544
Cash  
Collateral Positions  
Total Fair Value of Assets Pledged and Accrued Interest 143,084
Repurchase Agreements and Other Advances  
Collateral Positions  
Fair Value 10,934,639
Amortized Cost 10,387,622
Accrued Interest on Pledged Assets 22,940
Repurchase Agreements and Other Advances | Agency MBS  
Collateral Positions  
Fair Value 4,039,785
Amortized Cost 3,990,571
Accrued Interest on Pledged Assets 9,637
Repurchase Agreements and Other Advances | Agency MBS | FHLB Advances  
Collateral Positions  
Fair Value 585,100
Amortized Cost 576,000
Accrued Interest on Pledged Assets 1,400
Repurchase Agreements and Other Advances | Legacy Non-Agency MBS  
Collateral Positions  
Fair Value 2,611,165
Amortized Cost 2,140,135
Accrued Interest on Pledged Assets 9,714
Non-Agency MBS acquired from consolidated VIEs in connection with resecuritization transactions 190,300
Non-Agency MBS pledged as collateral in connection with contemporaneous repurchase and reverse repurchase agreements entered into with a single counterparty 697,200
Repurchase Agreements and Other Advances | RPL/NPL MBS  
Collateral Positions  
Fair Value 2,690,238
Amortized Cost 2,694,113
Accrued Interest on Pledged Assets 1,443
Repurchase Agreements and Other Advances | U.S. Treasuries  
Collateral Positions  
Fair Value 512,059
Amortized Cost 512,059
Accrued Interest on Pledged Assets 0
Repurchase Agreements and Other Advances | CRT securities  
Collateral Positions  
Fair Value 255,675
Amortized Cost 250,535
Accrued Interest on Pledged Assets 129
Repurchase Agreements and Other Advances | Residential Whole Loans  
Collateral Positions  
Fair Value 818,527
Amortized Cost 793,019
Accrued Interest on Pledged Assets 2,017
Repurchase Agreements and Other Advances | Cash  
Collateral Positions  
Fair Value 7,190
Amortized Cost 7,190
Accrued Interest on Pledged Assets 0
Derivative Hedging Instruments  
Collateral Positions  
Fair Value 171,555
Amortized Cost 171,547
Accrued Interest on Pledged Assets 72
Derivative Hedging Instruments | Agency MBS  
Collateral Positions  
Fair Value 35,661
Amortized Cost 35,653
Accrued Interest on Pledged Assets 72
Derivative Hedging Instruments | Legacy Non-Agency MBS  
Collateral Positions  
Fair Value 0
Amortized Cost 0
Accrued Interest on Pledged Assets 0
Derivative Hedging Instruments | RPL/NPL MBS  
Collateral Positions  
Fair Value 0
Amortized Cost 0
Accrued Interest on Pledged Assets 0
Derivative Hedging Instruments | U.S. Treasuries  
Collateral Positions  
Fair Value 0
Amortized Cost 0
Accrued Interest on Pledged Assets 0
Derivative Hedging Instruments | CRT securities  
Collateral Positions  
Fair Value 0
Amortized Cost 0
Accrued Interest on Pledged Assets 0
Derivative Hedging Instruments | Residential Whole Loans  
Collateral Positions  
Fair Value 0
Amortized Cost 0
Accrued Interest on Pledged Assets 0
Derivative Hedging Instruments | Cash  
Collateral Positions  
Fair Value 135,894
Amortized Cost 135,894
Accrued Interest on Pledged Assets $ 0