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Fair Value of Financial Instruments (Level 3 Assets) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Changes in unrealized gain/losses     $ 236 $ 0
Recurring basis | Level 3 | Residential Whole Loans, at Fair Value (1)        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance at beginning of period $ 1,555,619 $ 775,152 1,325,115 814,682
Purchases and capitalized advances 6,175 4,831 317,300 10,164
Changes in fair value recorded in Net gain on residential whole loans held at fair value 4,599 4,262 18,346 7,209
Collection of principal, net of liquidation gains/losses (54,184) (15,652) (100,868) (35,695)
Repurchases (867) (450) (1,061) (756)
Transfers (42,802) (24,071) (90,292) (51,532)
Balance at end of period 1,468,540 744,072 1,468,540 744,072
Recurring basis | Level 3 | Term Notes Backed by MSR Related Collateral        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance at beginning of period 332,040 282,332 381,804 0
Purchases and capitalized advances 49,350 0 149,350 150,000
Collection of principal, net of liquidation gains/losses 0 (8,371) (150,000) (17,019)
Changes in unrealized gain/losses 0 0    
Transfers from Level 2 to Level 3 (1) 0 0    
Transfers     0 140,980
Balance at end of period 381,390 273,961 381,390 273,961
Residential whole loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Excluded amount, unsettled purchases, residential whole loans, at fair value $ 34,400 $ 239,200 $ 34,400 $ 239,200