Borrowings (Tables)

9 Months Ended

Sep. 30, 2017

Schedule of Maturities of Long-term Debt [Table Text Block]

The following table details the Company's principal repayment schedule for outstanding borrowings as of September 30, 2017:



Year	Reverse Repurchase Agreements		Other Secured Borrowings		Senior Notes⁽¹⁾		Total
2017	$	936,105	$	—	$	—	$	936,105
2018	93,705		46,899		—		140,604
2019	—		42,747		—		42,747
2020	—		—		—		—
2021	—		—		—		—
2022	—		—		86,000		86,000
Total	$	1,029,810	$	89,646	$	86,000	$	1,205,456


(1)	Represents par value.

Schedule of Repurchase Agreements [Table Text Block]

The following table details the Company's outstanding borrowings under reverse repurchase agreements for Agency RMBS, Credit assets (which include non-Agency MBS, CLOs, consumer loans, corporate debt, and residential mortgage loans), and U.S. Treasury securities, by remaining maturity as of September 30, 2017 and December 31, 2016:



(In thousands)	September 30, 2017					December 31, 2016
			Weighted Average					Weighted Average
Remaining Maturity	Outstanding Borrowings		Interest Rate		Remaining Days to Maturity	Outstanding Borrowings		Interest Rate		Remaining Days to Maturity
Agency RMBS:
30 Days or Less	$	281,543	1.28	%	15	$	405,725	0.83	%	18
31-60 Days	263,601		1.33	%	44	195,288		0.94	%	45
61-90 Days	184,448		1.39	%	75	149,965		0.97	%	74
91-120 Days	38,826		1.40	%	103	8,240		0.83	%	102
121-150 Days	—		—	%	—	11,798		0.96	%	131
151-180 Days	—		—	%	—	19,296		1.05	%	164
Total Agency RMBS	768,418		1.33	%	43	790,312		0.89	%	41
Credit:
30 Days or Less	64,719		1.79	%	7	94,849		2.55	%	16
31-60 Days	83,826		2.77	%	47	26,974		2.36	%	47
61-90 Days	52,247		2.19	%	72	41,522		2.43	%	77
91-120 Days	34,783		3.82	%	103	10,084		2.91	%	97
121-150 Days	3,338		3.04	%	126	1,239		2.73	%	124
151-180 Days	8,991		3.63	%	164	12,616		3.17	%	165
181-360 Days	7,768		3.72	%	234	50,557		3.46	%	316
Total Credit Assets	255,672		2.61	%	60	237,841		2.75	%	105
U.S. Treasury Securities:
30 Days or Less	5,720		1.30	%	2	5,428		0.91	%	4
Total U.S. Treasury Securities	5,720		1.30	%	2	5,428		0.91	%	4
Total	$	1,029,810	1.65	%	48	$	1,033,581	1.32	%	56