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Repurchase Agreements (Details) (USD $)
3 Months Ended 12 Months Ended
Mar. 31, 2013
Dec. 31, 2012
Repurchase Agreements    
Balance of repurchase agreements $ 8,902,827,000 $ 8,752,472,000
Repurchase Agreement Borrowings
   
Repurchase Agreements    
Weighted average remaining term-to-interest rate reset of borrowings under repurchase agreements 32 days 28 days
Effective repricing period 5 months 5 months
Balance of repurchase agreements 8,902,827,000 8,752,472,000
Weighted Average Interest Rate (as a percent) 0.80% 0.85%
Within 30 days | Repurchase Agreement Borrowings
   
Repurchase Agreements    
Balance of repurchase agreements 6,357,923,000  
Weighted Average Interest Rate (as a percent) 0.65%  
30 days to 90 days | Repurchase Agreement Borrowings
   
Repurchase Agreements    
Balance of repurchase agreements 1,952,583,000  
Weighted Average Interest Rate (as a percent) 0.78%  
Over 90 days to 12 months | Repurchase Agreement Borrowings
   
Repurchase Agreements    
Balance of repurchase agreements 216,049,000  
Weighted Average Interest Rate (as a percent) 2.25%  
Over 12 months | Repurchase Agreement Borrowings
   
Repurchase Agreements    
Balance of repurchase agreements 376,272,000  
Weighted Average Interest Rate (as a percent) 2.62%  
Within 30 days: | Repurchase Agreement Borrowings
   
Repurchase Agreements    
Balance of repurchase agreements 6,776,242,000 6,293,802,000
Weighted Average Interest Rate (as a percent) 0.77% 0.71%
Over 30 days to 3 months | Repurchase Agreement Borrowings
   
Repurchase Agreements    
Balance of repurchase agreements 2,000,536,000 2,458,670,000
Weighted Average Interest Rate (as a percent) 0.82% 1.21%
Over 6 months to 12 months. | Repurchase Agreement Borrowings
   
Repurchase Agreements    
Balance of repurchase agreements 126,049,000  
Weighted Average Interest Rate (as a percent) 2.14%  
Agency MBS | Repurchase Agreement Borrowings
   
Repurchase Agreements    
Balance of repurchase agreements 6,338,378,000 6,353,489,000
Fair Value of securities pledged as collateral under repurchase agreements 6,682,380,000 6,678,384,000
Weighted average haircut (as a percent) 4.76% 4.80%
Non-Agency MBS | Repurchase Agreement Borrowings
   
Repurchase Agreements    
Balance of repurchase agreements 2,155,812,000 1,988,172,000
Non-Agency MBS acquired from consolidated VIEs 1,966,000,000 1,860,000,000
Fair Value of securities pledged as collateral under repurchase agreements 3,817,527,000 3,463,128,000
Weighted average haircut (as a percent) 30.16% 30.49%
Non-Agency MBS | Linked Transactions
   
Repurchase Agreements    
Linked repurchase agreements 34,100,000 35,300,000
U.S. Treasuries | Repurchase Agreement Borrowings
   
Repurchase Agreements    
Balance of repurchase agreements 408,637,000 410,811,000
Fair Value of securities pledged as collateral under repurchase agreements $ 408,118,000 $ 408,833,000
Weighted average haircut (as a percent) 0.89% 1.74%