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Derivatives (Details 2) (Linked Transactions, USD $)
In Thousands, unless otherwise specified
3 Months Ended9 Months Ended12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Dec. 31, 2010
Linked Repurchase Agreements     
Balance$ 192,960 $ 192,960 $ 567,287
Weighted Average Interest Rate (as a percent)1.63% 1.63% 1.62%
Linked MBS     
Fair Value256,369 256,369 744,369
Amortized Cost260,927 260,927 718,734
Par/Current Face321,779 321,779 863,280
Weighted Average Coupon Rate  5.09% 4.56%
Components of the gain on Linked Transactions     
Interest income attributable to MBS underlying Linked Transactions4,6319,52021,47524,748 
Interest expense attributable to linked repurchase agreement borrowings underlying Linked Transactions(864)(1,722)(3,938)(4,392) 
Change in fair value of Linked Transactions included in earnings(3,034)13,509(7,567)20,948 
Unrealized net (losses)/gains and net interest income from Linked Transactions73321,3079,97041,304 
Within 30 days
     
Linked Repurchase Agreements     
Balance113,013 113,013 289,522
Weighted Average Interest Rate (as a percent)1.67% 1.67% 1.62%
Over 30 days to 90 days
     
Linked Repurchase Agreements     
Balance64,647 64,647 277,765
Weighted Average Interest Rate (as a percent)1.64% 1.64% 1.62%
90 days to 180 days
     
Linked Repurchase Agreements     
Balance15,300 15,300  
Weighted Average Interest Rate (as a percent)1.35% 1.35%  
Rated AAA
     
Linked MBS     
Fair Value30,553 30,553 46,710
Amortized Cost30,682 30,682 46,367
Par/Current Face31,507 31,507 47,151
Weighted Average Coupon Rate  3.32% 4.13%
Rated AA
     
Linked MBS     
Fair Value19,193 19,193 57,634
Amortized Cost18,361 18,361 54,176
Par/Current Face18,816 18,816 61,389
Weighted Average Coupon Rate  5.00% 3.51%
Rated A
     
Linked MBS     
Fair Value    36,440
Amortized Cost    34,620
Par/Current Face    41,984
Weighted Average Coupon Rate    2.53%
Rated BBB
     
Linked MBS     
Fair Value27,141 27,141 69,397
Amortized Cost26,602 26,602 66,848
Par/Current Face30,795 30,795 78,741
Weighted Average Coupon Rate  3.07% 3.38%
Rated BB
     
Linked MBS     
Fair Value    14,536
Amortized Cost    14,456
Par/Current Face    17,513
Weighted Average Coupon Rate    2.51%
Rated B
     
Linked MBS     
Fair Value    129,962
Amortized Cost    121,198
Par/Current Face    139,763
Weighted Average Coupon Rate    4.28%
Rated CCC
     
Linked MBS     
Fair Value32,509 32,509 216,398
Amortized Cost33,075 33,075 211,302
Par/Current Face41,841 41,841 255,667
Weighted Average Coupon Rate  4.51% 4.98%
Rated CC
     
Linked MBS     
Fair Value79,891 79,891 89,833
Amortized Cost82,143 82,143 86,509
Par/Current Face107,837 107,837 110,518
Weighted Average Coupon Rate  5.89% 5.45%
Rated C
     
Linked MBS     
Fair Value35,912 35,912 78,181
Amortized Cost38,739 38,739 78,038
Par/Current Face49,970 49,970 100,204
Weighted Average Coupon Rate  5.97% 5.77%
D-rated
     
Linked MBS     
Fair Value31,170 31,170  
Amortized Cost31,325 31,325  
Par/Current Face41,013 41,013  
Weighted Average Coupon Rate  5.44%  
Not Rated
     
Linked MBS     
Fair Value    5,278
Amortized Cost    5,220
Par/Current Face    $ 10,350
Weighted Average Coupon Rate    6.00%