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Repurchase Agreements - Remaining Maturities, Collateral Types and Weighted Average Rate (Detail) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Repurchase Agreements:    
Repurchase agreements $ 54,448,141 $ 56,230,860 [1]
Weighted Average Rate 0.99% 0.90%
Credit Risk Transfer Securities    
Repurchase Agreements:    
Repurchase agreements $ 113,969 $ 142,853
Non Agency MBS    
Repurchase Agreements:    
Repurchase agreements 623,196 435,581
Commercial Loan [Member]    
Repurchase Agreements:    
Repurchase agreements 187,793 179,428
Agency Mortgage Backed Securities    
Repurchase Agreements:    
Repurchase agreements 53,523,183 $ 55,472,998
1 day    
Repurchase Agreements:    
Repurchase agreements $ 8,050,000  
Weighted Average Rate 0.62% 0.00%
1 day | Agency Mortgage Backed Securities    
Repurchase Agreements:    
Repurchase agreements $ 8,050,000  
2 to 29 days    
Repurchase Agreements:    
Repurchase agreements $ 12,841,928 $ 20,467,487
Weighted Average Rate 0.75% 0.69%
2 to 29 days | Credit Risk Transfer Securities    
Repurchase Agreements:    
Repurchase agreements $ 54,656 $ 83,664
2 to 29 days | Non Agency MBS    
Repurchase Agreements:    
Repurchase agreements 320,677 260,359
2 to 29 days | Agency Mortgage Backed Securities    
Repurchase Agreements:    
Repurchase agreements 12,466,595 20,123,464
30 to 59 days    
Repurchase Agreements:    
Repurchase agreements $ 4,878,678 $ 8,023,209
Weighted Average Rate 0.82% 0.74%
30 to 59 days | Credit Risk Transfer Securities    
Repurchase Agreements:    
Repurchase agreements $ 59,313 $ 59,189
30 to 59 days | Non Agency MBS    
Repurchase Agreements:    
Repurchase agreements 156,354 65,374
30 to 59 days | Agency Mortgage Backed Securities    
Repurchase Agreements:    
Repurchase agreements 4,663,011 7,898,646
60 to 89 days    
Repurchase Agreements:    
Repurchase agreements $ 9,264,997 $ 4,125,426
Weighted Average Rate 0.96% 0.74%
60 to 89 days | Non Agency MBS    
Repurchase Agreements:    
Repurchase agreements $ 146,165 $ 78,833
60 to 89 days | Agency Mortgage Backed Securities    
Repurchase Agreements:    
Repurchase agreements 9,118,832 4,046,593
90 to 119 days    
Repurchase Agreements:    
Repurchase agreements $ 4,270,155 $ 4,846,580
Weighted Average Rate 0.95% 0.60%
90 to 119 days | Agency Mortgage Backed Securities    
Repurchase Agreements:    
Repurchase agreements $ 4,270,155 $ 4,846,580
Over 120 days    
Repurchase Agreements:    
Repurchase agreements [2] $ 15,142,383 $ 18,768,158
Weighted Average Rate 1.46% [2] 1.33%
Over 120 days | Non Agency MBS    
Repurchase Agreements:    
Repurchase agreements [2]   $ 31,015
Over 120 days | Commercial Loan [Member]    
Repurchase Agreements:    
Repurchase agreements [2] $ 187,793 179,428
Over 120 days | Agency Mortgage Backed Securities    
Repurchase Agreements:    
Repurchase agreements [2] $ 14,954,590 $ 18,557,715
[1] Derived from the audited consolidated financial statements at December 31, 2015.
[2] Approximately 12% and 14% of the total repurchase agreements had a remaining maturity over 1 year as of March 31, 2016 and December 31, 2015, respectively.