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Mortgage-Backed Securities - Collateral Characteristics (Detail) - USD ($)
$ / shares in Units, $ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 15,510,501 $ 22,419,481
Residential Mortgage-Backed Securities | Non-Agency RMBS - Senior    
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 1,924,284 $ 2,024,564
Weighted Average Amortized Cost Basis (in dollars per share) $ 52.14 $ 52.98
Weighted Average Fair Value (in dollars per share) $ 73.81 $ 84.01
Weighted Average Coupon 4.80% 5.00%
Weighted Average Yield at Period-End 17.30% 20.80%
Residential Mortgage-Backed Securities | Non-Agency RMBS - Subordinated    
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 900,396 $ 876,592
Weighted Average Amortized Cost Basis (in dollars per share) $ 62.97 $ 63.15
Weighted Average Fair Value (in dollars per share) $ 58.66 $ 71.25
Weighted Average Coupon 3.80% 3.70%
Weighted Average Yield at Period-End 6.80% 6.90%
Residential Mortgage-Backed Securities | Non-Agency RMBS - Senior interest-only    
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 6,931,077 $ 7,458,653
Weighted Average Amortized Cost Basis (in dollars per share) $ 4.14 $ 4.04
Weighted Average Fair Value (in dollars per share) $ 3.26 $ 3.87
Weighted Average Coupon 1.30% 1.10%
Weighted Average Yield at Period-End 11.50% 8.40%
Residential Mortgage-Backed Securities | Agency MBS - Residential    
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 0 $ 6,080,547
Weighted Average Amortized Cost Basis (in dollars per share)   $ 102.15
Weighted Average Fair Value (in dollars per share)   $ 104.64
Weighted Average Coupon   4.00%
Weighted Average Yield at Period-End   3.40%
Residential Mortgage-Backed Securities | Agency RMBS - Interest-only    
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 1,484,016 $ 1,539,941
Weighted Average Amortized Cost Basis (in dollars per share) $ 9.11 $ 9.06
Weighted Average Fair Value (in dollars per share) $ 7.12 $ 8.29
Weighted Average Coupon 1.60% 1.60%
Weighted Average Yield at Period-End 4.10% 4.00%
Commercial Mortgage Backed Securities | Agency MBS - Commercial    
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 2,506,241 $ 2,621,938
Weighted Average Amortized Cost Basis (in dollars per share) $ 101.77 $ 101.82
Weighted Average Fair Value (in dollars per share) $ 111.18 $ 106.86
Weighted Average Coupon 3.80% 3.70%
Weighted Average Yield at Period-End 3.60% 3.60%
Commercial Mortgage Backed Securities | Agency CMBS - Interest-only    
Investment Holdings [Line Items]    
Principal or Notional Value at Period-End (dollars in thousands) $ 1,764,487 $ 1,817,246
Weighted Average Amortized Cost Basis (in dollars per share) $ 2.67 $ 2.81
Weighted Average Fair Value (in dollars per share) $ 2.62 $ 2.70
Weighted Average Coupon 0.60% 0.70%
Weighted Average Yield at Period-End 4.80% 4.70%