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Securities, at Fair Value (Residential Mortgage Securities) (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]    
Fair  Value $ 350,115 $ 399,999
Residential Mortgage Securities    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face 105,487 161,878
Purchase Premiums 3,764 3,022
Accretable Purchase Discounts (69) (8,206)
Discount Designated as Credit Reserve and OTTI (20,768) (21,437)
Amortized Cost 88,414 135,257
Gross Unrealized Gains 17,207 26,926
Gross Unrealized Losses (206) (1,183)
Net Unrealized Gain/(Loss) 17,001 25,743
Fair  Value 105,415 161,000
RPL/NPL MBS    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face 1,600 55,000
Amortized Cost 1,600 46,900
Fair  Value $ 1,600 $ 53,900
Expected to Recover Less Than Par    
Debt Securities, Available-for-sale [Line Items]    
Percentage of current face amount of Non-Agency MBS to be recovered 100.00% 99.00%
CRT, Fair Value Option    
Debt Securities, Available-for-sale [Line Items]    
Gross Unrealized Gains $ 535 $ 551
Gross Unrealized Losses (206) (322)
Fair  Value $ 66,200 $ 66,200