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Secured Financing Agreements - Outstanding, Weighted Average Borrowing Rates, Weighted Average Remaining Maturities, Average Daily Balances and the Fair Value of Collateral Pledged (Detail) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets Sold under Agreements to Repurchase [Line Items]    
Secured financing agreements outstanding secured by: $ 5,944,201 $ 13,427,545
Repurchase Agreements    
Assets Sold under Agreements to Repurchase [Line Items]    
Secured financing agreements outstanding secured by: 5,743,417 13,427,545
MBS pledged as collateral at fair value on Repurchase agreements: 7,439,374 15,399,244
Average balance of Secured financing agreements secured by: 9,431,031 14,492,386
Repurchase Agreements | Agency MBS - Residential    
Assets Sold under Agreements to Repurchase [Line Items]    
Secured financing agreements outstanding secured by: 77,008 6,247,275
MBS pledged as collateral at fair value on Repurchase agreements: 99,938 6,602,039
Average balance of Secured financing agreements secured by: $ 2,551,002 $ 8,062,881
Average borrowing rate of Secured financing agreements secured by: 1.15% 2.10%
Average remaining maturity of Secured financing agreements secured by: 6 days 14 days
Average original maturity of Secured financing agreements secured by: 12 days 38 days
Repurchase Agreements | Agency CMBS    
Assets Sold under Agreements to Repurchase [Line Items]    
Secured financing agreements outstanding secured by: $ 2,046,782 $ 2,013,515
MBS pledged as collateral at fair value on Repurchase agreements: 2,158,413 2,102,520
Average balance of Secured financing agreements secured by: $ 2,142,221 $ 1,993,372
Average borrowing rate of Secured financing agreements secured by: 0.28% 2.10%
Average remaining maturity of Secured financing agreements secured by: 15 days 13 days
Average original maturity of Secured financing agreements secured by: 30 days 34 days
Repurchase Agreements | Non-agency MBS and Loans held for investment    
Assets Sold under Agreements to Repurchase [Line Items]    
Secured financing agreements outstanding secured by: $ 3,619,627 $ 5,166,755
MBS pledged as collateral at fair value on Repurchase agreements: 5,181,023 6,694,685
Average balance of Secured financing agreements secured by: $ 4,737,808 $ 4,436,133
Average borrowing rate of Secured financing agreements secured by: 4.47% 3.19%
Average remaining maturity of Secured financing agreements secured by: 606 days 255 days
Average original maturity of Secured financing agreements secured by: 628 days 279 days
Maturity 30 to 90 Days | Repurchase Agreements    
Assets Sold under Agreements to Repurchase [Line Items]    
Securities Sold under Agreements to Repurchase, Fair Value of Collateral $ 330,000