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Summary of Quarterly Results of Operations (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]                      
Interest income $ 153,118 $ 142,721 $ 144,935 $ 140,952 $ 132,744 $ 117,432 $ 101,747 $ 103,752 $ 581,726 $ 455,675 $ 433,448
Interest expense (82,463) (85,823) (85,044) (79,026) (70,944) (58,878) (51,810) (50,554) (332,356) (232,186) (197,141)
Net Interest Income 70,655 56,898 59,891 61,926 61,800 58,554 49,937 53,198 249,370 223,489 236,307
Net gain on residential whole loans measured at fair value through earnings 41,415 40,175 51,473 25,267 31,736 34,942 32,443 38,498 158,330 137,619 90,045
Net realized gain on sales of residential mortgage securities 11,975 17,708 7,710 24,609 28,646 16,415 7,429 8,817      
Other income 2,007 4,546 (2,321) 1,293 (39,432) (2,998) 1,134 345      
Operating and other expense (25,431) (23,728) (23,713) (24,238) (21,871) (19,781) (20,548) (17,463) (97,110) (79,663) (71,901)
Net Income 100,621 95,599 93,040 88,857 60,879 87,132 70,395 83,395 378,117 301,801 322,393
Preferred stock dividends (3,750) (3,750) (3,750) (3,750) (3,750) (3,750) (3,750) (3,750) (15,000) (15,000) (15,000)
Net income available to common stock and participating securities $ 96,871 $ 91,849 $ 89,290 $ 85,107 $ 57,129 $ 83,382 $ 66,645 $ 79,645 $ 362,030 $ 285,858 $ 306,502
Earnings per Common Share - Basic and Diluted (in dollars per share) $ 0.21 $ 0.20 $ 0.20 $ 0.19 $ 0.13 $ 0.19 $ 0.17 $ 0.20