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To Be Announced RMBS (Tables)
9 Months Ended
Sep. 30, 2018
To Be Announced RMBS [Abstract]  
To Be Announced RMBS [Table Text Block]
The below table details TBA assets, liabilities, and the respective related payables and receivables as of September 30, 2018 and December 31, 2017:
 
 
As of
(In thousands)
 
September 30, 2018
 
December 31, 2017
Assets:
 
 
 
 
TBA securities, at fair value (Current principal: $294,986 and $118,806, respectively)
 
$
303,552

 
$
123,680

Receivable for securities sold relating to unsettled TBA sales
 
565,254

 
460,666

Liabilities:
 
 
 
 
TBA securities sold short, at fair value (Current principal: -$559,037 and -$442,197, respectively)
 
$
(562,098
)
 
$
(460,189
)
Payable for securities purchased relating to unsettled TBA purchases
 
(304,489
)
 
(123,918
)
Net short TBA securities, at fair value
 
(258,546
)
 
(336,509
)