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Other Assets - Impact of Derivative Instruments on Earnings (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]        
Income on swap variable receive leg $ 41,427 $ 17,273 $ 113,062 $ 22,580
Expense on swap fixed pay leg (12,563) (13,623) (36,416) (28,730)
Unrealized mark-to-market gain 9,433 108,918 5,704 221,437
Net price alignment expense on margin collateral received (3,437) (752) (8,247) (752)
Net gain on TBA short positions 0 0 0 39,186
Total Net gain on derivatives used for risk management purposes $ 34,860 $ 111,816 $ 74,103 $ 253,721