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Collateral Positions (Details) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Collateral Positions    
Assets Pledged $ 7,237,814 $ 8,145,197
Collateral Held 253,721 504,062
Derivative Hedging Instruments    
Collateral Positions    
Assets Pledged 3,097 28,161
Collateral Held 0 0
Derivative Hedging Instruments | Agency MBS    
Collateral Positions    
Assets Pledged 3,097 21,756
Collateral Held 0 0
Derivative Hedging Instruments | Cash    
Collateral Positions    
Assets Pledged 0 6,405
Collateral Held 0 0
Repurchase Agreement Borrowings    
Collateral Positions    
Assets Pledged 7,234,717 8,117,036
Collateral Held 0 0
Repurchase Agreement Borrowings | Agency MBS    
Collateral Positions    
Assets Pledged 2,283,312 2,705,754
Collateral Held 0 0
Repurchase Agreement Borrowings | Legacy Non-Agency MBS    
Collateral Positions    
Assets Pledged 1,813,359 1,652,983
Collateral Held 0 0
Non-Agency MBS pledged as collateral in connection with contemporaneous repurchase and reverse repurchase agreements entered into with a single counterparty 320,300 688,100
Repurchase Agreement Borrowings | RPL/NPL MBS    
Collateral Positions    
Assets Pledged 634,073 726,540
Collateral Held 0 0
Repurchase Agreement Borrowings | U.S. Treasury securities    
Collateral Positions    
Assets Pledged 220,731 472,095
Collateral Held 0 0
Repurchase Agreement Borrowings | CRT securities    
Collateral Positions    
Assets Pledged 516,486 595,900
Collateral Held 0 0
Repurchase Agreement Borrowings | MSR related assets    
Collateral Positions    
Assets Pledged 381,390 482,158
Collateral Held 0 0
Repurchase Agreement Borrowings | Residential whole loans    
Collateral Positions    
Assets Pledged 1,382,068 1,474,704
Collateral Held 0 0
Repurchase Agreement Borrowings | Cash    
Collateral Positions    
Assets Pledged 3,298 6,902
Collateral Held 0 0
Reverse Repurchase Agreements    
Collateral Positions    
Assets Pledged 0 0
Collateral Held 253,721 504,062
Reverse Repurchase Agreements | U.S. Treasury securities    
Collateral Positions    
Assets Pledged 0 0
Collateral Held $ 253,721 $ 504,062