Borrowings (Tables)

3 Months Ended

Mar. 31, 2021

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, 2021 and December 31, 2020:


	March 31, 2021					December 31, 2020
			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	$	223,518	0.23	%	16	$	265,556	0.28	%	17
31-60 Days	549,479		0.20	%	43	385,141		0.25	%	44
61-90 Days	182,827		0.29	%	73	174,586		0.28	%	70
91-120 Days	7,520		1.03	%	92	—		—	%	—
121-150 Days	152,660		0.20	%	135	2,692		0.27	%	126
151-180 Days	79,809		0.20	%	168	59,857		0.32	%	162
181-360 Days	240,693		0.21	%	326	34,030		0.32	%	252
Total Agency RMBS	1,436,506		0.22	%	107	921,862		0.27	%	57
Credit:
30 Days or Less	14,646		1.87	%	14	37,795		2.11	%	17
31-60 Days	147,187		3.03	%	42	84,554		2.23	%	50
61-90 Days	103,919		1.81	%	76	152,426		2.11	%	75
91-120 Days	78,396		2.22	%	106	89,931		2.47	%	106
121-150 Days	—		—	%	—	66,412		4.75	%	125
151-180 Days	5,877		3.75	%	168	11,063		2.27	%	165
181-360 Days	41,885		2.98	%	256	38,640		2.90	%	289
> 360 Days	81,095		2.85	%	446	94,248		2.99	%	447
Total Credit Assets	473,005		2.57	%	149	575,069		2.69	%	155
Total	$	1,909,511	0.80	%	118	$	1,496,931	1.20	%	94

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, 2021:


Year	Repurchase Agreements(1)		Other Secured Borrowings(2)		Senior Notes(1)		Total
(In thousands)
Next Twelve Months	$	1,828,416	$	458,602	$	—	$	2,287,018
Year 2	81,095		260,649		86,000		427,744
Year 3	—		282,449		—		282,449
Year 4	—		—		—		—
Year 5	—		—		—		—
Total	$	1,909,511	$	1,001,700	$	86,000	$	2,997,211

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

(2)Includes $937.2 million of expected principal repayments related to the Company's consolidated residential mortgage loan securitizations, which are projected based upon the underlying assets' expected repayments and may be prior to the stated contractual maturities.