CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands		Mar. 31, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents (includes pledged assets of $957,266 and $1,137,809, respectively)	[1]	$ 1,122,793	$ 1,243,703	[2]
Securities (includes pledged assets of $63,798,582 and $67,471,074, respectively)	[3]	71,849,437	75,652,396	[2]
Loans, net (includes pledged assets of $1,851,227 and $2,231,035, respectively)	[4]	2,603,343	3,083,821	[2]
Mortgage servicing rights (includes pledged assets of $0 and $5,541, respectively)		113,080	100,895	[2]
Assets transferred or pledged to securitization vehicles		3,768,922	6,910,020	[2]
Real estate, net		0	656,314	[2]
Assets of disposal group held for sale (includes pledged assets of $3,499,151 and $0, respectively)	[5]	4,400,723	0	[2]
Derivative assets		891,474	171,134	[2]
Receivable for unsettled trades		144,918	15,912	[2]
Principal and interest receivable		259,655	268,073	[2]
Goodwill and intangible assets, net		37,337	127,341	[2]
Other assets		177,907	225,494	[2]
Total assets		85,369,589	88,455,103	[2]
Liabilities
Repurchase agreements		61,202,477	64,825,239	[2]
Other secured financing		922,605	917,876	[2]
Debt issued by securitization vehicles		3,044,725	5,652,982	[2]
Participations issued		180,527	39,198	[2]
Mortgages payable		0	426,256	[2]
Liabilities of disposal group held for sale		3,319,414	0	[2]
Derivative liabilities		939,622	1,033,345	[2]
Payable for unsettled trades		1,070,080	884,069	[2]
Interest payable		100,949	191,116	[2]
Dividends payable		307,671	307,613	[2]
Other liabilities		213,924	155,613	[2]
Total liabilities		71,301,994	74,433,307	[2]
Stockholders’ equity
Preferred stock, par value $0.01 per share, 63,500,000 and 85,150,000 authorized, respectively, 63,500,000 issued and outstanding		1,536,569	1,536,569	[2]
Common stock, par value $0.01 per share, 2,936,500,000 and 2,914,850,000 authorized, respectively, 1,398,502,906 and 1,398,240,618 issued and outstanding, respectively		13,985	13,982	[2]
Additional paid-in capital		19,754,826	19,750,818	[2]
Accumulated other comprehensive income (loss)		2,002,231	3,374,335	[2]
Accumulated deficit		(9,251,804)	(10,667,388)	[2]
Total stockholders’ equity		14,055,807	14,008,316	[2]
Noncontrolling interests		11,788	13,480	[2]
Total equity		14,067,595	14,021,796	[2]
Total liabilities and equity		85,369,589	88,455,103	[2]
Residential Mortgage Loans
Assets
Total assets		528,900	345,800
Liabilities
Repurchase agreements		239,985	184,723
Consolidated VIEs
Assets
Cash and cash equivalents (includes pledged assets of $957,266 and $1,137,809, respectively)		30,500	22,200
Consolidated VIEs | Agency Mortgage-Backed Securities
Assets
Securities (includes pledged assets of $63,798,582 and $67,471,074, respectively)		78,300	81,500
Consolidated VIEs | Non-Agency Mortgage-Backed Securities
Assets
Securities (includes pledged assets of $63,798,582 and $67,471,074, respectively)		357,600	576,600
Consolidation, Eliminations | Consolidated VIEs | Commercial Mortgage Loans
Assets
Securities (includes pledged assets of $63,798,582 and $67,471,074, respectively)		$ 0	$ 391,000

[1] Includes cash of consolidated Variable Interest Entities (“VIEs”) of $30.5 million and $22.2 million at March 31, 2021 and December 31, 2020, respectively.

[2] Derived from the audited consolidated financial statements at December 31, 2020.

[3] Excludes $78.3 million and $81.5 million at March 31, 2021 and December 31, 2020, respectively, of Agency mortgage-backed securities, $357.6 million and $576.6 million at March 31, 2021 and December 31, 2020, respectively, of non-Agency mortgage-backed securities and $0 and $391.0 million at March 31, 2021 and December 31, 2020, respectively, of commercial mortgage-backed securities in consolidated VIEs pledged as collateral and eliminated from the Company’s Consolidated Statements of Financial Condition.

[4] Includes $46.0 million and $47.0 million of residential mortgage loans held for sale at March 31, 2021 and December 31, 2020, respectively.

[5] Excludes $401.1 million at March 31, 2021 of commercial mortgage-backed securities in consolidated VIEs pledged as collateral and eliminated from the Company’s Consolidated Statements of Financial Condition.