Borrowings (Tables)

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Schedule of Repurchase Agreements [Table Text Block]

The following table details the Company's outstanding borrowings under repurchase agreements for Agency RMBS, credit assets (which include non-Agency RMBS, CMBS, CLOs, consumer loans, corporate debt, residential mortgage loans, and commercial mortgage loans and REO), and U.S. Treasury securities, by remaining maturity as of March 31, 2019:

(In thousands)	March 31, 2019
			Weighted Average
Remaining Maturity	Outstanding Borrowings		Interest Rate		Remaining Days to Maturity
Agency RMBS:
30 Days or Less	$	180,657	2.73	%	14
31-60 Days	358,677		2.71	%	45
61-90 Days	393,529		2.69	%	76
121-150 Days	5,690		2.73	%	148
151-180 Days	2,713		2.64	%	180
Total Agency RMBS	941,266		2.71	%	53
Credit:
30 Days or Less	9,330		4.13	%	20
31-60 Days	70,732		3.77	%	41
61-90 Days	156,414		3.58	%	79
91-120 Days	683		5.00	%	101
151-180 Days	9,487		4.50	%	168
181-360 Days	264,458		4.55	%	254
> 360 Days	68,139		5.46	%	774
Total Credit Assets	579,243		4.29	%	236
U.S. Treasury Securities:
30 Days or Less	29,507		2.54	%	1
Total U.S. Treasury Securities	29,507		2.54	%	1
Total	$	1,550,016	3.30	%	121

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 December 31, 2018:

(In thousands)	December 31, 2018
			Weighted Average
Remaining Maturity	Outstanding Borrowings		Interest Rate		Remaining Days to Maturity
Agency RMBS:
30 Days or Less	$	245,956	2.46	%	17
31-60 Days	415,379		2.58	%	46
61-90 Days	255,421		2.74	%	76
91-120 Days	506		3.31	%	91
Total Agency RMBS	917,262		2.59	%	47
Credit:
30 Days or Less	30,426		2.55	%	22
31-60 Days	189,937		3.32	%	48
61-90 Days	93,202		3.21	%	74
121-150 Days	26,222		4.60	%	123
151-180 Days	9,491		4.64	%	166
181-360 Days	91,730		4.54	%	316
> 360 Days	140,306		5.15	%	636
Total Credit Assets	581,314		3.98	%	240
U.S. Treasury Securities:
30 Days or Less	273		3.10	%	2
Total U.S. Treasury Securities	273		3.10	%	2
Total	$	1,498,849	3.13	%	122

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

Schedule of Principal Repayments

The following table details the Company's principal repayment schedule for outstanding borrowings as of March 31, 2019:

Year	Repurchase Agreements(1)		Other Secured Borrowings(2)		Senior Notes(1)		Total
(In thousands)
2019	$	1,346,013	$	177,617	$	—	$	1,523,630
2020	139,258		211,266		—		350,524
2021	64,745		11,375		—		76,120
2022	—		—		86,000		86,000
2023	—		—		—		—
Total	$	1,550,016	$	400,258	$	86,000	2,036,274

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

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

The following table details the Company's principal repayment schedule for outstanding borrowings as of December 31, 2018:

Year	Reverse Repurchase Agreements(1)		Other Secured Borrowings(2)		Senior Notes(1)		Total
(In thousands)
2019	$	1,358,542	$	194,135	$	—	$	1,552,677
2020	78,530		205,198		—		283,728
2021	61,776		13,150		—		74,926
2022	—		—		86,000		86,000
2023	—		—		—		—
Total	$	1,498,848	$	412,483	$	86,000	$	1,997,331

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

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