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Repurchase Agreements and Other Advances (Details 2)
$ in Thousands
Dec. 31, 2015
USD ($)
counterparty
Dec. 31, 2014
USD ($)
counterparty
Information about MBS and CRT securities    
Gross Amounts of Recognized Liabilities $ 7,888,902  
Repurchase agreements, amounts not included in offsetting disclosure $ 0  
Repurchase agreements, number of counterparties | counterparty 27 25
Threshold percent of stockholders' equity at risk with single counterparty to repurchase agreements or Linked Transactions (greater than) 5.00%  
Repurchase agreements    
Information about MBS and CRT securities    
Repurchase agreements $ 7,888,902 $ 8,267,388 [1]
Weighted Average Interest Rate 1.48% 0.79%
Repurchase agreements | Agency MBS    
Information about MBS and CRT securities    
Repurchase agreements $ 2,727,542 $ 5,177,835
Repurchase agreements | Non-Agency MBS    
Information about MBS and CRT securities    
Repurchase agreements 1,960,222  
Repurchase agreements | RPL/NPL MBS    
Information about MBS and CRT securities    
Repurchase agreements [2] 2,080,163 130,919
Repurchase agreements | U.S. Treasuries    
Information about MBS and CRT securities    
Repurchase agreements 504,760 507,114
Repurchase agreements | CRT securities    
Information about MBS and CRT securities    
Repurchase agreements [2] 128,465 75,960
Repurchase agreements | Residential whole loans    
Information about MBS and CRT securities    
Repurchase agreements 487,750 $ 142,324
Repurchase agreements | Overnight    
Information about MBS and CRT securities    
Repurchase agreements $ 0  
Weighted Average Interest Rate 0.00%  
Repurchase agreements | Overnight | Agency MBS    
Information about MBS and CRT securities    
Repurchase agreements $ 0  
Repurchase agreements | Overnight | Non-Agency MBS    
Information about MBS and CRT securities    
Repurchase agreements 0  
Repurchase agreements | Overnight | RPL/NPL MBS    
Information about MBS and CRT securities    
Repurchase agreements 0  
Repurchase agreements | Overnight | U.S. Treasuries    
Information about MBS and CRT securities    
Repurchase agreements 0  
Repurchase agreements | Overnight | CRT securities    
Information about MBS and CRT securities    
Repurchase agreements 0  
Repurchase agreements | Overnight | Residential whole loans    
Information about MBS and CRT securities    
Repurchase agreements $ 0  
[1] At December 31, 2014, the Company had repurchase agreements of $1.520 billion that were linked to securities purchased and accounted for as Linked Transactions, and as such, the linked repurchase agreements are not included in the above table. As previously discussed, new accounting guidance effective January 1, 2015 prospectively eliminated the use of Linked Transaction accounting. (See Note 6)
[2] Does not reflect Legacy Non-Agency MBS, RPL/NPL MBS, CRT securities and repurchase agreement borrowings that were components of Linked Transactions at December 31, 2014. As previously discussed, new accounting guidance effective January 1, 2015 prospectively eliminated the use of Linked Transaction accounting. (See Note 6)