Borrowings (Tables)

3 Months Ended

Mar. 31, 2020

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 and credit assets (which can include non-Agency RMBS, CMBS, CLOs, consumer loans, corporate debt, residential mortgage loans, and commercial mortgage loans and REO), by remaining maturity as of March 31, 2020 and December 31, 2019:

	March 31, 2020					December 31, 2019
			Weighted Average					Weighted Average
Remaining Maturity	Outstanding Borrowings		Interest Rate		Remaining Days to Maturity	Outstanding Borrowings		Interest Rate		Remaining Days to Maturity
Agency RMBS:	(In thousands)					(In thousands)
30 Days or Less	$	353,826	1.65	%	16	$	511,996	2.08	%	17
31-60 Days	750,285		1.79	%	46	744,387		1.93	%	47
61-90 Days	182,557		1.01	%	75	594,738		1.96	%	76
91-120 Days	362		2.49	%	113	10,270		2.24	%	93
151-180 Days	—		—	%	—	3,082		2.67	%	171
Total Agency RMBS	1,287,030		1.64	%	42	1,864,473		1.98	%	48
Credit:
30 Days or Less	37,567		3.04	%	20	16,549		3.38	%	25
31-60 Days	160,313		2.81	%	44	104,491		3.14	%	48
61-90 Days	161,312		2.61	%	74	138,837		3.03	%	73
91-120 Days	104,950		3.46	%	92	—		—	%	—
121-150 Days	—		—	%	—	7,460		3.89	%	123
151-180 Days	211,624		2.70	%	171	31,498		3.87	%	173
181-360 Days	22,725		3.39	%	284	186,661		3.80	%	250
> 360 Days	47,050		3.95	%	791	95,331		4.52	%	678
Total Credit Assets	745,541		2.93	%	147	580,827		3.61	%	229
U.S. Treasury Securities:
30 Days or Less	1,654		(0.15	)%	1	—		—	%	—
Total U.S. Treasury Securities	1,654		(0.15	)%	1	—		—	%	—
Total	$	2,034,225	2.11	%	80	$	2,445,300	2.37	%	91

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

Schedule of Principal Repayments

The following table details the Company's principal repayment schedule, over the next 5 years, for outstanding borrowings as of March 31, 2020:

Year	Repurchase Agreements(1)		Other Secured Borrowings(2)		Senior Notes(1)		Total
(In thousands)
Next Twelve Months	$	1,987,174	$	175,036	$	—	$	2,162,210
Year 2	—		159,148		—		159,148
Year 3	47,051		95,917		86,000		228,968
Year 4	—		74,180		—		74,180
Year 5	—		57,319		—		57,319
Total	$	2,034,225	$	561,600	$	86,000	$	2,681,825

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

(2)

Includes $383.7 million of expected principal repayments related to the Company's consolidated residential mortgage loan securitizations, which are projected based upon the underlying assets' scheduled repayments and may be prior to the stated contractual maturities.