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Borrowings (Details)
$ in Thousands
9 Months Ended 12 Months Ended
Aug. 18, 2017
USD ($)
Sep. 30, 2017
USD ($)
counterparties
Dec. 31, 2016
USD ($)
counterparties
Borrowings [Line Items]      
Total secured borrowings   $ 1,119,000 $ 1,058,000
Number of Counterparties with Outstanding Reverse Repurchase Agreements | counterparties   21 21
Concentration Risk, Reverse Repurchase Agreements   15.00% 15.00%
Number Counterparties With Concentration Risk, Reverse Repurchase Agreements | counterparties   1 0
Investments held with dealers as collateral   $ 1,160,000 $ 1,150,000
Pledged Financial Instruments, Not Separately Reported, Securities For Repurchase Agreements Unsettled   $ 13,100 33,400
Repurchase Agreements amount at risk threshold   10.00%  
Other secured borrowings   $ 89,646 $ 24,086
Minimum [Member]      
Borrowings [Line Items]      
Reverse Repurchase Agreements Maturity   30 days  
Reverse Repurchase Agreements Remaining Terms   2 days 3 days
Reverse Repurchase Agreements Interest Rate   (1.75%) 0.60%
Maximum [Member]      
Borrowings [Line Items]      
Reverse Repurchase Agreements Maturity   180 days  
Reverse Repurchase Agreements Remaining Terms   360 days 320 days
Reverse Repurchase Agreements Interest Rate   4.57% 3.76%
Reverse Repurchase Agreements [Member]      
Borrowings [Line Items]      
Cash collateral posted for securities sold under agreements to repurchase [1],[2]   $ 23,300 $ 39,200
Security Owned and Pledged as Collateral, Fair Value   1,500 2,700
Secured borrowing facility collateralized by unsecured loan portfolio [Member]      
Borrowings [Line Items]      
Other secured borrowings   $ 46,900  
Effective interest rate on borrowing   4.84%  
Secured borrowing facility collateralized by commercial mortgage loans and REO [Member]      
Borrowings [Line Items]      
Other secured borrowings   $ 42,700 24,100
Loans and REO pledged as collateral   $ 75,500 $ 42,000
Effective interest rate on borrowing   4.58%  
Senior Notes [Member]      
Borrowings [Line Items]      
Effective interest rate on borrowing   5.55%  
Debt Instrument, Face Amount $ 86,000    
Proceeds from Debt, Net of Issuance Costs $ 84,700    
Debt Instrument, Interest Rate, Stated Percentage 5.25%    
Debt Instrument, Maturity Date Sep. 01, 2022    
[1] For the purpose of this presentation, for each row the total amount of financial instruments transferred or pledged and cash collateral (received) or pledged may not exceed the applicable gross amount of assets or (liabilities) as presented here. Therefore, the Company has reduced the amount of financial instruments transferred or pledged as collateral related to the Company's reverse repurchase agreements and cash collateral pledged on the Company's financial derivative liabilities. Total financial instruments transferred or pledged as collateral on the Company's reverse repurchase agreements as of September 30, 2017 and December 31, 2016 were $1.16 billion and $1.16 billion, respectively. As of September 30, 2017 and December 31, 2016, total cash collateral on financial derivative assets excludes excess net cash collateral pledged of $10.3 million and $14.9 million, respectively. As of September 30, 2017 and December 31, 2016, total cash collateral on financial derivative liabilities excludes excess cash collateral pledged of $18.9 million and $14.8 million, respectively.
[2] When collateral is pledged to or pledged by a counterparty, it is often pledged or posted with respect to all positions with such counterparty, and in such cases such collateral cannot be specifically identified as relating to a specific asset or liability. As a result, in preparing the above tables, the Company has made assumptions in allocating pledged or posted collateral among the various rows.