Repurchase Agreements, net (Tables)

12 Months Ended

Dec. 31, 2014

Disclosure of Repurchase Agreements [Abstract]

Schedule of Repurchase Agreements

The following table represents the contractual repricing regarding our repurchase agreements to finance Agency Security purchases at December 31, 2014 and December 31, 2013.

	December 31, 2014				December 31, 2013
	Repurchase Agreements		Weighted Average Contractual Rate		Repurchase Agreements		Weighted Average Contractual Rate
Within 30 days	$	3,994,656	0.36	%	$	3,990,434	0.41	%
31 days to 60 days	5,631,858		0.37	%	7,098,298		0.41	%
61 days to 90 days	2,348,839		0.39	%	1,226,694		0.44	%
Greater than 90 days	1,906,568		0.44	%	836,078		0.43	%
Total or Weighted Average	$	13,881,921	0.38	%	$	13,151,504	0.42	%

The following table represents the MRAs and other information regarding our repurchase agreements to finance Agency Security purchases at December 31, 2014 and December 31, 2013.

	December 31, 2014		December 31, 2013
Number of MRAs	40		35
Number of counterparties with repurchase agreements outstanding	28		27
Weighted average maturity in days	60		45
Haircut for repurchase agreements (1)	4.81	%	4.96	%

(1) The Haircut represents the weighted average margin requirement, or the percentage amount by which the collateral value must exceed the loan amount. Among other things, it is a measure of our unsecured credit risk to our lenders.