CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Interest Income:
MSR related assets	$ 6,219	$ 5,905	$ 13,842	$ 10,639
Residential whole loans held at carrying value	17,935	8,503	32,264	17,193
Cash and cash equivalent investments	685	1,047	1,594	1,402
Interest Income	101,747	110,157	205,499	227,414
Interest Expense:
Repurchase agreements and other advances	46,234	46,802	91,951	95,141
Other interest expense	5,576	2,220	10,413	4,230
Interest Expense	51,810	49,022	102,364	99,371
Net Interest Income	49,937	61,135	103,135	128,043
Other-Than-Temporary Impairments:
Total other-than-temporary impairment losses	0	0	0	(63)
Portion of loss reclassed from other comprehensive income	0	(618)	0	(969)
OTTI recognized in earnings	0	(618)	0	(1,032)
Other Income, net:
Net gain on residential whole loans held at fair value	32,443	16,208	70,941	29,981
Net gain on sales of investment securities	7,429	5,889	16,246	15,597
Other, net	1,134	14,847	1,479	19,359
Other Income, net	41,006	36,944	88,666	64,937
Operating and Other Expense:
Compensation and benefits	7,038	7,573	13,786	15,366
Other general and administrative expense	5,582	5,754	9,414	9,979
Loan servicing and other related operating expenses	7,928	4,199	14,811	8,608
Operating and Other Expense	20,548	17,526	38,011	33,953
Net Income	70,395	79,935	153,790	157,995
Less Preferred Stock Dividends	3,750	3,750	7,500	7,500
Net Income Available to Common Stock and Participating Securities	$ 66,645	$ 76,185	$ 146,290	$ 150,495
Earnings per Common Share - Basic and Diluted (in dollars per share)	$ 0.17	$ 0.20	$ 0.36	$ 0.39
Dividends Declared per Share of Common Stock (in dollars per share)	$ 0.20	$ 0.20	$ 0.40	$ 0.40
Agency MBS
Interest Income:
Securities	$ 13,170	$ 16,587	$ 28,463	$ 34,481
Non-Agency MBS | Non-Agency MBS
Interest Income:
Securities	55,043	70,269	111,145	149,477
CRT securities
Interest Income:
Securities	$ 8,695	$ 7,846	$ 18,191	$ 14,222