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Mortgage-Backed Securities - Collateral Characteristics (Detail) - USD ($)
$ / shares in Units, $ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 22,419,481 $ 23,577,333
Residential Mortgage-Backed Securities | Non-Agency RMBS - Senior    
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 2,024,564 $ 2,386,049
Weighted Average Amortized Cost Basis (in dollars per share) $ 52.98 $ 53.40
Weighted Average Fair Value (in dollars per share) $ 84.01 $ 81.44
Weighted Average Coupon 5.00% 5.00%
Weighted Average Yield at Period-End 20.80% 19.50%
Residential Mortgage-Backed Securities | Non-Agency RMBS - Subordinated    
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 876,592 $ 394,037
Weighted Average Amortized Cost Basis (in dollars per share) $ 63.15 $ 56.60
Weighted Average Fair Value (in dollars per share) $ 71.25 $ 70.16
Weighted Average Coupon 3.70% 4.00%
Weighted Average Yield at Period-End 6.90% 9.90%
Residential Mortgage-Backed Securities | Non-Agency RMBS - Senior interest-only    
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 7,458,653 $ 5,888,747
Weighted Average Amortized Cost Basis (in dollars per share) $ 4.04 $ 5.04
Weighted Average Fair Value (in dollars per share) $ 3.87 $ 4.53
Weighted Average Coupon 1.10% 1.20%
Weighted Average Yield at Period-End 8.40% 8.70%
Residential Mortgage-Backed Securities | Agency MBS - Residential    
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 6,080,547 $ 8,984,249
Weighted Average Amortized Cost Basis (in dollars per share) $ 102.15 $ 102.47
Weighted Average Fair Value (in dollars per share) $ 104.64 $ 102.12
Weighted Average Coupon 4.00% 4.00%
Weighted Average Yield at Period-End 3.40% 3.60%
Residential Mortgage-Backed Securities | Agency RMBS - Interest-only    
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 1,539,941 $ 578,284
Weighted Average Amortized Cost Basis (in dollars per share) $ 9.06 $ 11.10
Weighted Average Fair Value (in dollars per share) $ 8.29 $ 11.36
Weighted Average Coupon 1.60% 1.50%
Weighted Average Yield at Period-End 4.00% 5.50%
Commercial Mortgage Backed Securities | Agency MBS - Commercial    
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 2,621,938 $ 2,895,679
Weighted Average Amortized Cost Basis (in dollars per share) $ 101.82 $ 101.98
Weighted Average Fair Value (in dollars per share) $ 106.86 $ 99.50
Weighted Average Coupon 3.70% 3.60%
Weighted Average Yield at Period-End 3.60% 3.40%
Commercial Mortgage Backed Securities | Agency CMBS - Interest-only    
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 1,817,246 $ 2,450,288
Weighted Average Amortized Cost Basis (in dollars per share) $ 2.81 $ 2.93
Weighted Average Fair Value (in dollars per share) $ 2.70 $ 2.76
Weighted Average Coupon 0.70% 0.60%
Weighted Average Yield at Period-End 4.70% 3.20%