Borrowings (Tables)

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

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, residential mortgage loans, and commercial mortgage loans and REO), and U.S. Treasury securities, by remaining maturity as of September 30, 2018 and December 31, 2017:

(In thousands)	September 30, 2018					December 31, 2017
			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	$	209,417	2.21	%	15	$	287,014	1.43	%	15
31-60 Days	428,517		2.28	%	46	264,058		1.47	%	46
61-90 Days	234,616		2.39	%	77	277,950		1.63	%	74
91-120 Days	29,135		2.30	%	107	—		—	%	—
151-180 Days	—		—	%	—	602		2.56	%	158
Total Agency RMBS	901,685		2.29	%	49	829,624		1.51	%	44
Credit:
30 Days or Less	26,546		2.55	%	5	37,433		2.61	%	13
31-60 Days	146,424		3.08	%	44	132,201		2.44	%	49
61-90 Days	188,582		2.87	%	77	130,875		2.75	%	77
91-120 Days	125,812		4.14	%	102	—		—	%	—
121-150 Days	2,593		4.14	%	142	8,551		3.79	%	128
151-180 Days	26,389		3.81	%	164	8,300		3.40	%	164
181-360 Days	103,881		4.51	%	214	5,090		3.59	%	280
> 360 Days	63,396		5.62	%	821	56,944		4.94	%	1094
Total Credit Assets	683,623		3.68	%	165	379,394		3.00	%	219
U.S. Treasury Securities:
30 Days or Less	50,731		2.39	%	1	297		1.70	%	2
Total U.S. Treasury Securities	50,731		2.39	%	1	297		1.70	%	2
Total	$	1,636,039	2.88	%	96	$	1,209,315	1.98	%	99

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, 2018:

Year	Reverse Repurchase Agreements(1)		Other Secured Borrowings(2)		Senior Notes(1)		Total
(In thousands)
2018	$	1,284,833	$	11,815	$	—	$	1,296,648
2019	287,810		134,959		—		422,769
2020	63,396		45,307		—		108,703
2021	—		12,520		—		12,520
2022	—		—		86,000		86,000
Total	$	1,636,039	$	204,601	$	86,000	$	1,926,640

(1) Reflects the Company's contractual principal repayment dates.

(2) Reflects the Company's expected principal repayment dates.