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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock
Preferred Stock 7.50% Series B Cumulative Redeemable - Liquidation Preference $25.00 per Share
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Balance (in shares) at Dec. 31, 2015   8,000,000 370,584,000      
Balance at Dec. 31, 2015 $ 2,967,261 $ 80 $ 3,706 $ 3,019,956 $ (572,332) $ 515,851
Increase (Decrease) in Stockholders' Equity            
Net income 78,070       78,070  
Issuance of common stock, net of expenses (in shares) [1]     589,000      
Issuance of common stock, net of expenses [1] 306   $ 4 302    
Repurchase of shares of common stock (in shares) [1]     (196,000)      
Repurchase of shares of common stock [1] (1,324)     (1,324)    
Equity based compensation expense 1,130     1,130    
Accrued dividends attributable to stock-based awards (173)     (173)    
Dividends declared on common stock (74,215)       (74,215)  
Dividends declared on preferred stock (3,750)       (3,750)  
Dividends attributable to dividend equivalents (218)       (218)  
Change in unrealized gains on MBS, net (56,099)         (56,099)
Derivative hedging instrument fair value changes, net (49,342)         (49,342)
Balance (in shares) at Mar. 31, 2016   8,000,000 370,977,000      
Balance at Mar. 31, 2016 2,861,646 $ 80 $ 3,710 3,019,891 (572,445) 410,410
Increase (Decrease) in Stockholders' Equity            
Adjustments related to tax withholding for share-based compensation     $ 1,300      
Shares paid for tax withholding for share based compensation (in shares)     196,333      
Balance (in shares) at Dec. 31, 2016   8,000,000 371,854,000      
Balance at Dec. 31, 2016 3,033,902 $ 80 $ 3,719 3,029,062 (572,641) 573,682
Increase (Decrease) in Stockholders' Equity            
Net income 78,060       78,060  
Issuance of common stock, net of expenses (in shares) [1]     1,457,000      
Issuance of common stock, net of expenses [1] $ 3,956   $ 9 3,947    
Repurchase of shares of common stock (in shares) 0   (492,000) [1]      
Repurchase of shares of common stock [1] $ (3,859)     (3,859)    
Equity based compensation expense 1,024     1,024    
Accrued dividends attributable to stock-based awards 429     429    
Dividends declared on common stock (74,569)       (74,569)  
Dividends declared on preferred stock (3,750)       (3,750)  
Dividends attributable to dividend equivalents (227)       (227)  
Change in unrealized gains on MBS, net 9,084         9,084
Derivative hedging instrument fair value changes, net 11,897         11,897
Balance (in shares) at Mar. 31, 2017   8,000,000 372,819,000      
Balance at Mar. 31, 2017 $ 3,055,947 $ 80 $ 3,728 $ 3,030,603 $ (573,127) $ 594,663
Increase (Decrease) in Stockholders' Equity            
Adjustments related to tax withholding for share-based compensation     $ 3,900      
Shares paid for tax withholding for share based compensation (in shares)     492,447      
[1] For the three months ended March 31, 2017 and 2016, includes approximately $3.9 million (492,447 shares) and $1.3 million (196,333 shares), respectively surrendered for tax purposes related to equity-based compensation awards.