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Repurchase Agreements (Tables)
 9 Months Ended
Sep. 30, 2021
Disclosure of Repurchase Agreements [Abstract]  
Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets [Table Text Block]
The Company’s repurchase agreements outstanding as of September 30, 2021 and December 31, 2020 are summarized in the following tables:
 September 30, 2021December 31, 2020
Collateral TypeBalanceWeighted
Average Rate		Fair Value of
Collateral Pledged		BalanceWeighted
Average Rate
Fair Value of
Collateral Pledged (1)
Agency RMBS$2,069,312 0.13 %$2,166,848 $1,874,176 0.23 %$1,973,608 
Agency CMBS186,575 0.13 %198,487 237,649 0.23 %255,741 
Agency CMBS IO180,425 0.68 %203,319 209,393 0.90 %243,042 
Non-Agency CMBS IO90,753 0.98 %108,998 115,945 1.28 %136,684 
Total repurchase agreements$2,527,065 0.20 %$2,677,652 $2,437,163 0.34 %$2,609,075 
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Table Text Block]
The following table provides information on the remaining term to maturity and original term to maturity for the Company’s repurchase agreements as of the dates indicated:
September 30, 2021December 31, 2020
Remaining Term to MaturityBalanceWeighted
Average Rate		WAVG Original Term to MaturityBalanceWeighted
Average Rate		WAVG Original Term to Maturity
Less than 30 days$479,019 0.30 %110 $1,416,608 0.37 %53 
30 to 90 days620,085 0.12 %125 845,394 0.31 %35 
91 to 180 days1,122,552 0.22 %168 175,161 0.22 %13 
180 days to 1 year305,409 0.15 %318 — — %— 
Total$2,527,065 0.20 %165 $2,437,163 0.34 %44