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Fair Value Measurements - Unobservable Input Reconciliation (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Securitized Debt | Variable Interest Entities, Primary Beneficiary, Aggregated Disclosure    
Fair Value, Liabilities Measured on Recurring Basis [Roll Forward]    
Securitized Debt, Beginning balance, Level 3 $ 8,455,376 $ 9,388,657
Securitized Debt, Transfers in to Level 3 assets 0 0
Securitized Debt, Transfers out of Level 3 assets 0 0
Securitized Debt, Purchases of assets/ issuance of debt 1,487,286 1,769,539
Securitized Debt, Principal payments (1,530,818) (1,778,625)
Securitized Debt, Sales and Settlements (314,454) (834,414)
Securitized Debt, Net accretion (amortization) (26,758) (11,197)
Securitized Debt, Other than temporary credit impairment losses 0 0
Securitized Debt, Realized gains (losses) on sales and settlements (9,925) (26,375)
Securitized Debt, Net unrealized gains (losses) included in income 118,901 (52,209)
Securitized Debt, Gains (losses) included in other comprehensive income 0 0
Securitized Debt, Ending balance, Level 3 8,179,608 8,455,376
Non-Agency RMBS    
Fair Value, Assets Measured on Recurring Basis [Roll Forward]    
Beginning balance Level 3 2,486,130 2,851,316
Transfers in to Level 3 0 0
Transfers out of Level 3 0 0
Purchases of assets/ issuance of debt 497,848 253,952
Principal payments (415,518) (521,109)
Sales and settlements (38,605) (100,786)
Net accretion (amortization) 95,562 101,088
Gains (losses) included in net income    
Other than temporary credit impairment losses (4,853) (21,791)
Realized gains (losses) on sales and settlements (1,088) 201
Net unrealized gains (losses) included in income 28,577 21,208
Gains (losses) included in other comprehensive income    
Total unrealized gains (losses) for the period (33,645) (97,949)
Ending balance Level 3 2,614,408 2,486,130
Loans held for investment | Variable Interest Entities, Primary Beneficiary, Aggregated Disclosure    
Fair Value, Assets Measured on Recurring Basis [Roll Forward]    
Beginning balance Level 3 12,572,581 13,678,263
Transfers in to Level 3 0 0
Transfers out of Level 3 0 0
Purchases of assets/ issuance of debt 5,086,491 1,671,330
Principal payments (1,717,745) (1,859,155)
Sales and settlements (1,812,760) (807,364)
Net accretion (amortization) (77,491) (83,393)
Gains (losses) included in net income    
Other than temporary credit impairment losses 0 0
Realized gains (losses) on sales and settlements 1,590 101
Net unrealized gains (losses) included in income 240,149 (27,201)
Gains (losses) included in other comprehensive income    
Total unrealized gains (losses) for the period 0 0
Ending balance Level 3 $ 14,292,815 $ 12,572,581