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Repurchase Agreements - Outstanding, Weighted Average Borrowing Rates, Weighted Average Remaining Maturities, Average Daily Balances and the Fair Value of Collateral Pledged (Detail) - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets Sold under Agreements to Repurchase [Line Items]    
Repurchase agreements outstanding secured by: $ 13,427,545 $ 14,030,465
Repurchase Agreements    
Assets Sold under Agreements to Repurchase [Line Items]    
Repurchase agreements outstanding secured by: 13,427,545 14,030,465
Average balance of Repurchase agreements secured by: 14,492,386 9,816,170
MBS pledged as collateral at fair value on Repurchase agreements: 15,399,244 15,831,007
Repurchase Agreements | Agency MBS - Residential    
Assets Sold under Agreements to Repurchase [Line Items]    
Repurchase agreements outstanding secured by: 6,247,275 8,588,446
Average balance of Repurchase agreements secured by: $ 8,062,881 $ 4,651,613
Average borrowing rate of Repurchase agreements secured by: 2.10% 2.55%
Average remaining maturity of Repurchase agreements secured by: 14 days 29 days
Average original maturity of Repurchase agreements secured by: 38 days 89 days
MBS pledged as collateral at fair value on Repurchase agreements: $ 6,602,039 $ 9,123,369
Repurchase Agreements | Agency CMBS    
Assets Sold under Agreements to Repurchase [Line Items]    
Repurchase agreements outstanding secured by: 2,013,515 1,604,826
Average balance of Repurchase agreements secured by: $ 1,993,372 $ 1,434,030
Average borrowing rate of Repurchase agreements secured by: 2.10% 2.58%
Average remaining maturity of Repurchase agreements secured by: 13 days 33 days
Average original maturity of Repurchase agreements secured by: 34 days 84 days
MBS pledged as collateral at fair value on Repurchase agreements: $ 2,102,520 $ 1,708,648
Repurchase Agreements | Non-agency MBS and Loans held for investment    
Assets Sold under Agreements to Repurchase [Line Items]    
Repurchase agreements outstanding secured by: 5,166,755 3,837,193
Average balance of Repurchase agreements secured by: $ 4,436,133 $ 3,730,527
Average borrowing rate of Repurchase agreements secured by: 3.19% 4.04%
Average remaining maturity of Repurchase agreements secured by: 255 days 231 days
Average original maturity of Repurchase agreements secured by: 279 days 259 days
MBS pledged as collateral at fair value on Repurchase agreements: $ 6,694,685 $ 4,998,990
Repurchase Agreements | Residential Mortgage-Backed Securities    
Assets Sold under Agreements to Repurchase [Line Items]    
MBS pledged as collateral at fair value on Repurchase agreements: $ 15,400,000 $ 15,800,000