XML 54 R51.htm IDEA: XBRL DOCUMENT v2.4.0.8
Repurchase Agreements (Details 2) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
counterparty
Dec. 31, 2012
counterparty
Information about MBS    
Repurchase agreements $ 8,568,171 [1] $ 8,752,472 [1]
Number of counterparties 27 26
Threshold percent of stockholders' equity at risk with single counterparty to repurchase agreements or Linked Transactions 5.00%  
Repurchase Agreement Borrowings
   
Information about MBS    
Repurchase agreements 8,568,171 [2],[3] 8,752,472 [2]
Weighted Average Interest Rate (as a percent) 0.76% 0.85%
Repurchase Agreement Borrowings | Overnight
   
Information about MBS    
Repurchase agreements 0 [3]  
Weighted Average Interest Rate (as a percent) 0.00%  
Repurchase Agreement Borrowings | Within 30 days
   
Information about MBS    
Repurchase agreements 6,964,976 [3]  
Weighted Average Interest Rate (as a percent) 0.64%  
Repurchase Agreement Borrowings | 30 days to 90 days
   
Information about MBS    
Repurchase agreements 1,368,088 [3]  
Weighted Average Interest Rate (as a percent) 1.19%  
Repurchase Agreement Borrowings | Over 90 days to 12 months
   
Information about MBS    
Repurchase agreements 235,107 [3]  
Weighted Average Interest Rate (as a percent) 1.93%  
Repurchase Agreement Borrowings | Non-Agency MBS
   
Information about MBS    
Repurchase agreements 2,425,350 [4] 1,988,172 [4]
Linked Transactions | Non-Agency MBS
   
Information about MBS    
Linked repurchase agreements $ 82,400 $ 35,300
[1] The fair value of securities pledged against the Company’s repurchase agreements was $10.189 billion and $10.550 billion at September 30, 2013 and December 31, 2012, respectively.
[2] At September 30, 2013 and December 31, 2012, the Company had repurchase agreements of $82.4 million and $35.3 million, respectively, that were linked to Non-Agency MBS purchases and accounted for as Linked Transactions, and as such, the linked repurchase agreements are not included in the above table. (See Note 5)
[3] At September 30, 2013, the Company had repurchase agreements of $82.4 million that were linked to Non-Agency MBS purchases and were accounted for as Linked Transactions, and as such, the linked repurchase agreements are not included in the above table. (See Note 5)
[4] Does not reflect Non-Agency MBS and repurchase agreement borrowings that are components of Linked Transactions.