CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Interest Income:
Residential whole loans held at carrying value	$ 4,033	$ 1,197	$ 11,817	$ 1,849
Cash and cash equivalent investments	32	20	88	63
Interest Income	119,706	112,157	373,644	352,625
Interest Expense:
Repurchase agreements and other advances	41,331	35,935	122,736	109,354
Securitized debt	363	1,415	1,731	5,471
Senior Notes	2,009	2,008	6,025	6,023
Interest Expense	43,703	39,358	130,492	120,848
Net Interest Income	76,003	72,799	243,152	231,777
Other-Than-Temporary Impairments:
Total other-than-temporary impairment losses	0	0	(525)	0
Portion of loss reclassed from other comprehensive income	0	0	(180)	0
Net Impairment Losses Recognized in Earnings	0	0	(705)	0
Other Income, net:
Unrealized net gains and net interest income from Linked Transactions	0	2,559	0	9,586
Net gain on residential whole loans held at fair value	4,979	0	10,176	0
Gain on sales of MBS	11,196	13,880	25,248	25,303
Other, net	327	54	21	(306)
Other Income, net	16,502	16,493	35,445	34,583
Operating and Other Expense:
Compensation and benefits	6,482	5,970	19,759	18,378
Other general and administrative expense	3,538	3,831	11,673	11,461
Loan servicing and other related operating expenses	2,975	609	6,706	1,550
Excise tax and interest	0	0	0	1,175
Operating and Other Expense	12,995	10,410	38,138	32,564
Net Income	79,510	78,882	239,754	233,796
Less Preferred Stock Dividends	3,750	3,750	11,250	11,250
Net Income Available to Common Stock and Participating Securities	$ 75,760	$ 75,132	$ 228,504	$ 222,546
Earnings per Common Share - Basic and Diluted (in dollars per share)	$ 0.20	$ 0.20	$ 0.61	$ 0.60
Dividends Declared per Share of Common Stock (in dollars per share)	$ 0.20	$ 0.20	$ 0.60	$ 0.60
Agency Mortgage Backed Securities
Interest Income:
Securities	$ 23,618	$ 33,066	$ 81,030	$ 110,004
Non-Agency MBS | Non-Agency MBS
Interest Income:
Securities	79,276	48,541	241,440	135,169
Non-Agency MBS | Non-Agency MBS Transferred to Consolidated VIEs
Interest Income:
Securities	11,154	29,303	34,792	105,510
CRT securities
Interest Income:
Securities	$ 1,593	$ 30	$ 4,477	$ 30