CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Interest Income:
MSR related assets	$ 7,623	$ 4,734
Residential whole loans held at carrying value	14,329	8,690
Cash and cash equivalent investments	909	355
Interest Income	103,752	117,257
Interest Expense:
Repurchase agreements and other advances	45,717	48,339
Other interest expense	4,837	2,010
Interest Expense	50,554	50,349
Net Interest Income	53,198	66,908
Other-Than-Temporary Impairments:
Total other-than-temporary impairment losses	0	(63)
Portion of loss reclassed from other comprehensive income	0	(351)
Net Impairment Losses Recognized in Earnings	0	(414)
Other Income, net:
Net gain on residential whole loans held at fair value	38,498	13,773
Net gain on sales of investment securities	8,817	9,708
Other, net	345	4,512
Other Income, net	47,660	27,993
Operating and Other Expense:
Compensation and benefits	6,748	7,793
Other general and administrative expense	3,832	4,225
Loan servicing and other related operating expenses	6,883	4,409
Operating and Other Expense	17,463	16,427
Net Income	83,395	78,060
Less Preferred Stock Dividends	3,750	3,750
Net Income Available to Common Stock and Participating Securities	$ 79,645	$ 74,310
Earnings per Common Share - Basic and Diluted (in dollars per share)	$ 0.20	$ 0.20
Dividends Declared per Share of Common Stock (in dollars per share)	$ 0.20	$ 0.2
Agency MBS
Interest Income:
Securities	$ 15,293	$ 17,894
Non-Agency MBS | Non-Agency MBS
Interest Income:
Securities	56,102	79,208
CRT securities
Interest Income:
Securities	$ 9,496	$ 6,376