XML 50 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
SECURED BORROWINGS - Schedule of Secured Borrowings (Details) - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Secured Borrowings, Including Interest Rate Hedging Activity [Line Items]    
Collateral carrying amount $ 11,570,000 $ 12,980,000
Borrowings outstanding [1],[2] $ 10,987,329 $ 12,337,299
Year-End Borrowing Rates Adjusted for Effects of Related Derivatives Held as Cash Flow Hedges [Member]    
Secured Borrowings, Including Interest Rate Hedging Activity [Line Items]    
Average borrowing rates 2.26% 1.46%
Agency Securities [Member]    
Secured Borrowings, Including Interest Rate Hedging Activity [Line Items]    
Collateral carrying amount $ 11,568,448 $ 12,980,202
Accrued interest receivable 31,908 30,721
Borrowings outstanding $ 10,979,362 $ 12,331,060
Average borrowing rates 2.70% 1.60%
Agency Securities [Member] | Borrowings with Maturities of 30 Days or Less [Member]    
Secured Borrowings, Including Interest Rate Hedging Activity [Line Items]    
Collateral carrying amount $ 4,424,311 $ 12,943,193
Accrued interest receivable 12,287 30,646
Borrowings outstanding $ 4,204,988 $ 12,296,546
Average borrowing rates 2.73% 1.60%
Agency Securities [Member] | Borrowings with Maturities of 31 to 90 Days [Member]    
Secured Borrowings, Including Interest Rate Hedging Activity [Line Items]    
Collateral carrying amount $ 7,143,129 $ 35,568
Accrued interest receivable 19,621 75
Borrowings outstanding $ 6,773,366 $ 33,073
Average borrowing rates 2.68% 1.53%
Agency Securities [Member] | Similar Borrowings [Member]    
Secured Borrowings, Including Interest Rate Hedging Activity [Line Items]    
Collateral carrying amount $ 1,008 $ 1,441
Borrowings outstanding $ 1,008 $ 1,441
Average borrowing rates 7.99% 7.94%
[1] Amounts include accrued interest payable of $9.0 million and $7.7 million on borrowings under repurchases arrangements as of December 31, 2018 and December 31, 2017, respectively
[2] Included in gross amounts of recognized liabilities at December 31, 2018 is the fair value of non-exchange traded swap agreements (Counterparty 1) and exchange-traded swap agreements (Counterparty 4), calculated including accrued interest. Included in gross amounts offset in the balance sheet are variation margin amounts associated with exchange-traded swap agreements at December 31, 2018.