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ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES - COVID-19 Impact (Narrative) (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Mar. 31, 2019
Dec. 31, 2018
COVID-19 Impact [Line Items]                
Proceeds From Sale Of Mortgage Backed Securities MBS Categorized As Trading       $ 2,023,334,000 $ 1,689,747,000      
Marketable Securities, Realized Gain (Loss) $ 3,360,000   $ 112,000 (25,020,000) 355,000      
Gain Loss On Derivative Instruments Held For Trading Purposes Net (8,851,000)   (34,288,000) (91,709,000) (53,320,000)      
Mortgage-backed securities 3,304,761,000     3,304,761,000   $ 3,590,921,000    
Outstanding repurchase obligations 3,174,739,000     3,174,739,000   3,448,106,000    
Stockholders Equity 345,968,000 $ 308,144,000 $ 359,658,000 345,968,000 $ 359,658,000 395,507,000 $ 340,414,000 $ 336,079,000
COVID-19 [Member]                
COVID-19 Impact [Line Items]                
Proceeds From Sale Of Mortgage Backed Securities MBS Categorized As Trading   1,100,000,000   2,000,000,000        
Marketable Securities, Realized Gain (Loss)   (31,400,000)   (25,000,000)        
Mortgage-backed securities 3,300,000,000 2,900,000,000   3,300,000,000   3,600,000,000    
Outstanding repurchase obligations 3,200,000,000 2,800,000,000   3,200,000,000   3,400,000,000    
Stockholders Equity $ 346,000,000 308,100,000   346,000,000   $ 395,500,000    
Swap [Member] | COVID-19 [Member]                
COVID-19 Impact [Line Items]                
Terminated Swap Positions Notional       1,200,000,000        
Gain Loss On Derivative Instruments Held For Trading Purposes Net   $ (45,000,000)   $ (54,500,000)