Borrowings (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2021 and December 31, 2020:


	September 30, 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	$	367,272	0.14	%	13	$	265,556	0.28	%	17
31-60 Days	140,143		0.20	%	43	385,141		0.25	%	44
61-90 Days	20,351		0.33	%	71	174,586		0.28	%	70
91-120 Days	37,029		0.22	%	105	—		—	%	—
121-150 Days	196,073		0.21	%	136	2,692		0.27	%	126
151-180 Days	83,344		0.19	%	162	59,857		0.32	%	162
181-364 Days	592,633		0.17	%	286	34,030		0.32	%	252
Total Agency RMBS	1,436,845		0.17	%	157	921,862		0.27	%	57
Credit:
30 Days or Less	28,508		1.23	%	16	37,795		2.11	%	17
31-60 Days	95,264		1.60	%	48	84,554		2.23	%	50
61-90 Days	374,547		2.02	%	76	152,426		2.11	%	75
91-120 Days	23,758		2.94	%	100	89,931		2.47	%	106
121-150 Days	—		—	%	—	66,412		4.75	%	125
151-180 Days	7,091		3.50	%	164	11,063		2.27	%	165
181-364 Days	105,889		2.71	%	243	38,640		2.90	%	289
> 364 Days	33,934		3.16	%	642	94,248		2.99	%	447
Total Credit Assets	668,991		2.14	%	126	575,069		2.69	%	155
Total	$	2,105,836	0.80	%	147	$	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 September 30, 2021:


Year	Repurchase Agreements(1)		Other Secured Borrowings(2)		Senior Notes(1)		Total
(In thousands)
Next Twelve Months	$	2,071,903	$	460,576	$	86,000	$	2,618,479
Year 2	33,933		301,549		—		335,482
Year 3	—		232,927		—		232,927
Year 4	—		—		—		—
Year 5	—		—		—		—
Total	$	2,105,836	$	995,052	$	86,000	$	3,186,888

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

(2)Includes $904.1 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.