Borrowings (Tables)

6 Months Ended

Jun. 30, 2022

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 June 30, 2022 and December 31, 2021:


	June 30, 2022					December 31, 2021
			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	$	277,526	0.91	%	14	$	180,059	0.17	%	9
31-60 Days	452,660		0.78	%	45	254,027		0.23	%	44
61-90 Days	200,636		0.82	%	75	154,520		0.20	%	70
91-120 Days	139,651		0.53	%	112	129,057		0.16	%	105
121-150 Days	92,943		0.88	%	134	275,915		0.17	%	136
151-180 Days	57,239		2.13	%	166	71,824		0.16	%	164
181-364 Days	118,707		0.99	%	205	570,694		0.20	%	260
> 364 Days	—		—	%	—	3,791		0.13	%	366
Total Agency RMBS	1,339,362		0.87	%	75	1,639,887		0.19	%	144
Credit:
30 Days or Less	7,379		2.54	%	11	377,440		2.09	%	16
31-60 Days	99,126		2.53	%	45	102,567		1.38	%	44
61-90 Days	67,223		2.78	%	77	96,823		1.50	%	78
91-120 Days	307,046		2.81	%	116	35,346		2.00	%	109
121-150 Days	14,459		3.38	%	146	3,353		1.56	%	139
151-180 Days	57,075		3.64	%	163	87,863		2.82	%	151
181-364 Days	675,426		3.89	%	192	—		—	%	—
> 364 Days	273,863		3.92	%	413	126,484		2.58	%	462
Total Credit Assets	1,501,597		3.51	%	200	829,876		2.08	%	114
U.S. Treasury Securities:
30 Days or Less	24,263		1.58	%	1	—		—	%	—
Total U.S. Treasury Securities	24,263		1.58	%	1	—		—	%	—
Total	$	2,865,222	2.26	%	140	$	2,469,763	0.82	%	134

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 June 30, 2022:


Year	Repurchase Agreements(1)		Other Secured Borrowings(2)		Senior Notes(1)		Total
(In thousands)
Next Twelve Months	$	2,724,458	$	436,345	$	86,000	$	3,246,803
Year 2	140,764		285,525		—		426,289
Year 3	—		212,644		—		212,644
Year 4	—		161,125		—		161,125
Year 5	—		127,618		210,000		337,618
Total	$	2,865,222	$	1,223,257	$	296,000	$	4,384,479

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

(2)Includes $1.178 billion 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.

Schedule of Repurchase Agreement Counterparties with Whom Repurchase Agreements Exceed 10 Percent of Stockholders' Equity

The following table provides details by counterparty for such counterparties for which the amounts at risk relating to our repurchase agreements was greater than 10% of total equity as of June 30, 2022. There was no counterparty for which the amount at risk was greater than 10% of total equity as of December 31, 2021.


Counterparty	Amount at Risk		Weighted Average Remaining Days to Maturity	Percentage of Equity
	(In thousands)
Nomura Holdings Inc.	$	190,230	183	15.4	%