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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net income $ 78,060 $ 78,070
Other Comprehensive Income/(Loss):    
Reclassification adjustment for MBS sales included in net income (9,971) (10,485)
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net 414 0
Derivative hedging instrument fair value changes, net 11,897 (49,342)
Other Comprehensive Income/(Loss) 20,981 (105,441)
Comprehensive income/(loss) before preferred stock dividends 99,041 (27,371)
Dividends declared on preferred stock (3,750) (3,750)
Comprehensive Income/(Loss) Available to Common Stock and Participating Securities 95,291 (31,121)
Agency MBS    
Other Comprehensive Income/(Loss):    
Unrealized (loss)/gain, net (8,052) 13,226
Non-Agency MBS    
Other Comprehensive Income/(Loss):    
Unrealized (loss)/gain, net $ 27,521 $ (58,840)