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Valuation (Schedule Of Financial Instruments) (Details) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- [1] $ 30,669 $ 28,165
Fair value repurchase agreements [1] 214,411 155,949
Investments sold short, at fair value- (882,146) (642,240)
Financial derivatives–liabilities, at fair value- [1] (25,675) (36,273)
Other secured borrowings, at fair value (101,100) (125,105)
Fair Value, Measurements, Recurring [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total investments, financial derivatives–assets, and repurchase agreements, at fair value 2,870,551 2,255,821
Total investments sold short, financial derivatives–liabilities, and other secured borrowings, at fair value (1,008,921) (803,618)
Fair Value, Measurements, Recurring [Member] | Investments Sold Short [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- (882,146) (642,240)
Fair Value, Measurements, Recurring [Member] | Investments Sold Short [Member] | Agency residential mortgage-backed securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- (618,665) (460,189)
Fair Value, Measurements, Recurring [Member] | Investments Sold Short [Member] | Government debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- (179,086) (90,149)
Fair Value, Measurements, Recurring [Member] | Investments Sold Short [Member] | Corporate Debt Sold Short [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- (50,711) (55,211)
Fair Value, Measurements, Recurring [Member] | Investments Sold Short [Member] | Common Stock Sold Short [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- (33,684) (36,691)
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Liabilities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (25,675) (36,273)
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Liabilities [Member] | Credit Default Swaps On Corporate Bond Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (7,234) (12,367)
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Liabilities [Member] | Credit Default Swaps On Corporate Bonds [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (10,461) (15,930)
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Liabilities [Member] | Credit Default Swaps On Asset Backed Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (963) (980)
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Liabilities [Member] | Interest Rate Swaps [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (6,490) (6,015)
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Liabilities [Member] | Total Return Swaps [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (314)  
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Liabilities [Member] | Futures [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (155) (508)
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Liabilities [Member] | Forwards [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (58) (473)
Fair Value, Measurements, Recurring [Member] | Other secured borrowings [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Other secured borrowings, at fair value (101,100) (125,105)
Fair Value, Measurements, Recurring [Member] | Cash Equivalents [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash Equivalents 6,833 26,500
Fair Value, Measurements, Recurring [Member] | Investments [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 2,625,471 2,071,707
Fair Value, Measurements, Recurring [Member] | Investments [Member] | Agency residential mortgage-backed securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 1,265,558 995,514
Fair Value, Measurements, Recurring [Member] | Investments [Member] | US Treasury Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 70,468  
Fair Value, Measurements, Recurring [Member] | Investments [Member] | Private Label Residential Mortgage-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 276,103 259,666
Fair Value, Measurements, Recurring [Member] | Investments [Member] | Private Label Commercial Mortgage-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 33,236 40,745
Fair Value, Measurements, Recurring [Member] | Investments [Member] | Commercial Mortgage Loans [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 104,951 108,301
Fair Value, Measurements, Recurring [Member] | Investments [Member] | Residential Mortgage Loans [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 293,472 182,472
Fair Value, Measurements, Recurring [Member] | Investments [Member] | Collateralized Loan Obligations [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 210,321 210,816
Fair Value, Measurements, Recurring [Member] | Investments [Member] | Consumer loans and asset-backed securities backed by consumer loans [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 199,254 135,258
Fair Value, Measurements, Recurring [Member] | Investments [Member] | Corporate Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 81,138 75,193
Fair Value, Measurements, Recurring [Member] | Investments [Member] | Secured Notes [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 11,126  
Fair Value, Measurements, Recurring [Member] | Investments [Member] | Real Estate Owned [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 34,339 26,277
Fair Value, Measurements, Recurring [Member] | Investments [Member] | Corporate Equity Investments [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 45,505 37,465
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Assets [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 30,669 28,165
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Asset Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 2,591 3,140
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Corporate Bond Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 816 1,429
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Corporate Bonds [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 7,029 8,888
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Asset Backed Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 3,720 5,393
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Assets [Member] | Interest Rate Swaps [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 15,770 9,266
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Assets [Member] | Options [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value-   4
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Assets [Member] | Futures [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 674 45
Fair Value, Measurements, Recurring [Member] | Financial Derivatives - Assets [Member] | Forwards [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 69  
Fair Value, Measurements, Recurring [Member] | Repurchase Agreements [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair value repurchase agreements 214,411 155,949
Fair Value, Measurements, Recurring [Member] | Level 1 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total investments, financial derivatives–assets, and repurchase agreements, at fair value 1,411 48
Total investments sold short, financial derivatives–liabilities, and other secured borrowings, at fair value (33,839) (37,199)
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments Sold Short [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- (33,684) (36,691)
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments Sold Short [Member] | Agency residential mortgage-backed securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments Sold Short [Member] | Government debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments Sold Short [Member] | Corporate Debt Sold Short [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments Sold Short [Member] | Common Stock Sold Short [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- (33,684) (36,691)
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Liabilities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (155) (508)
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Liabilities [Member] | Credit Default Swaps On Corporate Bond Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Liabilities [Member] | Credit Default Swaps On Corporate Bonds [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Liabilities [Member] | Credit Default Swaps On Asset Backed Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Liabilities [Member] | Interest Rate Swaps [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Liabilities [Member] | Total Return Swaps [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0  
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Liabilities [Member] | Futures [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (155) (508)
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Liabilities [Member] | Forwards [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Other secured borrowings [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Other secured borrowings, at fair value 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Cash Equivalents [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash Equivalents 6,833 26,500
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 737 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments [Member] | Agency residential mortgage-backed securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments [Member] | US Treasury Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0  
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments [Member] | Private Label Residential Mortgage-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments [Member] | Private Label Commercial Mortgage-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments [Member] | Commercial Mortgage Loans [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments [Member] | Residential Mortgage Loans [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments [Member] | Collateralized Loan Obligations [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments [Member] | Consumer loans and asset-backed securities backed by consumer loans [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments [Member] | Corporate Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments [Member] | Secured Notes [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0  
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments [Member] | Real Estate Owned [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Investments [Member] | Corporate Equity Investments [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 737 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Assets [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 674 48
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Asset Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Corporate Bond Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Corporate Bonds [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Asset Backed Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Assets [Member] | Interest Rate Swaps [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Assets [Member] | Options [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value-   3
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Assets [Member] | Futures [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 674 45
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Financial Derivatives - Assets [Member] | Forwards [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 0  
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Repurchase Agreements [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair value repurchase agreements 0 0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total investments, financial derivatives–assets, and repurchase agreements, at fair value 2,052,634 1,594,185
Total investments sold short, financial derivatives–liabilities, and other secured borrowings, at fair value (873,982) (641,314)
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments Sold Short [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- (848,462) (605,549)
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments Sold Short [Member] | Agency residential mortgage-backed securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- (618,665) (460,189)
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments Sold Short [Member] | Government debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- (179,086) (90,149)
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments Sold Short [Member] | Corporate Debt Sold Short [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- (50,711) (55,211)
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments Sold Short [Member] | Common Stock Sold Short [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Liabilities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (25,520) (35,765)
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Liabilities [Member] | Credit Default Swaps On Corporate Bond Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (7,234) (12,367)
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Liabilities [Member] | Credit Default Swaps On Corporate Bonds [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (10,461) (15,930)
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Liabilities [Member] | Credit Default Swaps On Asset Backed Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (963) (980)
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Liabilities [Member] | Interest Rate Swaps [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (6,490) (6,015)
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Liabilities [Member] | Total Return Swaps [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (314)  
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Liabilities [Member] | Futures [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Liabilities [Member] | Forwards [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- (58) (473)
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Other secured borrowings [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Other secured borrowings, at fair value 0 0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Cash Equivalents [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash Equivalents 0 0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 1,810,819 1,413,259
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments [Member] | Agency residential mortgage-backed securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 1,259,669 989,341
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments [Member] | US Treasury Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 70,468  
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments [Member] | Private Label Residential Mortgage-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 179,707 158,369
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments [Member] | Private Label Commercial Mortgage-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 24,475 28,398
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments [Member] | Commercial Mortgage Loans [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments [Member] | Residential Mortgage Loans [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments [Member] | Collateralized Loan Obligations [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 204,212 185,905
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments [Member] | Consumer loans and asset-backed securities backed by consumer loans [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments [Member] | Corporate Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 72,288 51,246
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments [Member] | Secured Notes [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0  
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments [Member] | Real Estate Owned [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Investments [Member] | Corporate Equity Investments [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Assets [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 27,404 24,977
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Asset Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Corporate Bond Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 816 1,429
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Corporate Bonds [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 7,029 8,888
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Asset Backed Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 3,720 5,393
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Assets [Member] | Interest Rate Swaps [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 15,770 9,266
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Assets [Member] | Options [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value-   1
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Assets [Member] | Futures [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Financial Derivatives - Assets [Member] | Forwards [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 69  
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Repurchase Agreements [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair value repurchase agreements 214,411 155,949
Fair Value, Measurements, Recurring [Member] | Level 3 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total investments, financial derivatives–assets, and repurchase agreements, at fair value 816,506 661,588
Total investments sold short, financial derivatives–liabilities, and other secured borrowings, at fair value (101,100) (125,105)
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments Sold Short [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments Sold Short [Member] | Agency residential mortgage-backed securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments Sold Short [Member] | Government debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments Sold Short [Member] | Corporate Debt Sold Short [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments Sold Short [Member] | Common Stock Sold Short [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments sold short, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Liabilities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Liabilities [Member] | Credit Default Swaps On Corporate Bond Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Liabilities [Member] | Credit Default Swaps On Corporate Bonds [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Liabilities [Member] | Credit Default Swaps On Asset Backed Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Liabilities [Member] | Interest Rate Swaps [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Liabilities [Member] | Total Return Swaps [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0  
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Liabilities [Member] | Futures [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Liabilities [Member] | Forwards [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–liabilities, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Other secured borrowings [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Other secured borrowings, at fair value (101,100) (125,105)
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Cash Equivalents [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash Equivalents 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 813,915 658,448
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments [Member] | Agency residential mortgage-backed securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 5,889 6,173
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments [Member] | US Treasury Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 0  
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments [Member] | Private Label Residential Mortgage-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 96,396 101,297
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments [Member] | Private Label Commercial Mortgage-Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 8,761 12,347
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments [Member] | Commercial Mortgage Loans [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 104,951 108,301
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments [Member] | Residential Mortgage Loans [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 293,472 182,472
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments [Member] | Collateralized Loan Obligations [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 6,109 24,911
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments [Member] | Consumer loans and asset-backed securities backed by consumer loans [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 199,254 135,258
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments [Member] | Corporate Debt [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 8,850 23,947
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments [Member] | Secured Notes [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 11,126  
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments [Member] | Real Estate Owned [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 34,339 26,277
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Investments [Member] | Corporate Equity Investments [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, at fair value- 44,768 37,465
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Assets [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 2,591 3,140
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Asset Backed Securities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 2,591 3,140
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Corporate Bond Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Corporate Bonds [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Assets [Member] | Credit Default Swaps On Asset Backed Indices [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Assets [Member] | Interest Rate Swaps [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Assets [Member] | Options [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value-   0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Assets [Member] | Futures [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 0 0
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Financial Derivatives - Assets [Member] | Forwards [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial derivatives–assets, at fair value- 0  
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Repurchase Agreements [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair value repurchase agreements $ 0 $ 0
[1] In the Company's Consolidated Statement of Assets, Liabilities, and Equity, all balances associated with repurchase agreements, reverse repurchase agreements, and financial derivatives are presented on a gross basis.