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Schedule of Mortgage-Backed Securities (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2015
Dec. 31, 2014
Mortgage-Backed Securities [Line Items]    
Fair Value $ 1,280,892 $ 1,393,303
Residential Mortgage Backed Securities [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal 1,200,067 1,306,824
Unamortized Premium (Discount) 57,229 53,147
Amortized Cost 1,265,525 1,370,751
Gross Unrealized Gain 20,030 26,195
Gross Unrealized Losses (4,663) (3,643)
Fair Value $ 1,280,892 $ 1,393,303
Weighted Average Coupon 3.95% 3.99%
Weighted Average Yield 3.13% 3.41%
Weighted Average Life (Years) [1] 6 years 339 days 7 years 164 days
Non-Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 42,978 $ 50,668
Unamortized Premium (Discount) (15,187) (20,377)
Amortized Cost 27,791 30,291
Gross Unrealized Gain 2,043 2,896
Gross Unrealized Losses (939) (686)
Fair Value $ 28,895 $ 32,501
Weighted Average Coupon 2.62% 2.29%
Weighted Average Yield 8.43% 10.76%
Weighted Average Life (Years) [1] 5 years 40 days 4 years 354 days
15-year fixed rate mortgages [Member] | Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 162,453 $ 130,720
Unamortized Premium (Discount) 7,874 6,304
Amortized Cost 170,327 137,024
Gross Unrealized Gain 1,585 1,113
Gross Unrealized Losses (88) (109)
Fair Value $ 171,824 $ 138,028
Weighted Average Coupon 3.37% 3.40%
Weighted Average Yield 2.28% 2.46%
Weighted Average Life (Years) [1] 5 years 15 days 5 years 157 days
20-year fixed rate mortgages [Member] | Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 9,094 $ 9,764
Unamortized Premium (Discount) 508 577
Amortized Cost 9,602 10,341
Gross Unrealized Gain 235 227
Gross Unrealized Losses 0 0
Fair Value $ 9,837 $ 10,568
Weighted Average Coupon 4.00% 4.00%
Weighted Average Yield 2.89% 3.04%
Weighted Average Life (Years) [1] 5 years 354 days 6 years 336 days
30-year fixed rate mortgages [Member] | Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 894,774 $ 1,042,550
Unamortized Premium (Discount) 55,922 61,089
Amortized Cost 950,696 1,103,639
Gross Unrealized Gain 15,628 20,379
Gross Unrealized Losses (1,933) (1,764)
Fair Value $ 964,391 $ 1,122,254
Weighted Average Coupon 4.08% 4.09%
Weighted Average Yield 3.15% 3.29%
Weighted Average Life (Years) [1] 7 years 343 days 8 years 175 days
Adjustable Rate Mortgages | Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 36,782 $ 41,710
Unamortized Premium (Discount) 2,415 2,813
Amortized Cost 39,197 44,523
Gross Unrealized Gain 96 90
Gross Unrealized Losses (163) (330)
Fair Value $ 39,130 $ 44,283
Weighted Average Coupon 4.12% 4.60%
Weighted Average Yield 2.96% 3.08%
Weighted Average Life (Years) [1] 5 years 234 days 5 years 354 days
Reverse mortgages [Member] | Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 53,986 $ 31,412
Unamortized Premium (Discount) 5,697 2,741
Amortized Cost 59,683 34,153
Gross Unrealized Gain 276 300
Gross Unrealized Losses (418) (28)
Fair Value $ 59,541 $ 34,425
Weighted Average Coupon 4.75% 4.91%
Weighted Average Yield 2.57% 2.56%
Weighted Average Life (Years) [1] 6 years 40 days 4 years 270 days
Interest-Only [Member] | Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Amortized Cost $ 8,229 $ 10,780
Gross Unrealized Gain 167 1,190
Gross Unrealized Losses (1,122) (726)
Fair Value $ 7,274 $ 11,244
Weighted Average Coupon 3.84% 4.04%
Weighted Average Yield 4.81% 11.82%
Weighted Average Life (Years) [1] 2 years 44 days 2 years 248 days
Agency Securities [Member] | Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 1,157,089 $ 1,256,156
Unamortized Premium (Discount) 72,416 73,524
Amortized Cost 1,237,734 1,340,460
Gross Unrealized Gain 17,987 23,299
Gross Unrealized Losses (3,724) (2,957)
Fair Value $ 1,251,997 $ 1,360,802
Weighted Average Coupon 4.00% 4.05%
Weighted Average Yield 3.01% 3.24%
Weighted Average Life (Years) [1] 7 years 7 years 197 days
[1] Average lives of RMBS are generally shorter than stated contractual maturities. Average lives are affected by the contractual maturities of the underlying mortgages, scheduled periodic payments of principal, and unscheduled prepayments of principal.