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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
Mar. 31, 2020
Dec. 31, 2019
Assets Sold under Agreements to Repurchase [Line Items]    
Repurchase agreements outstanding secured by: $ 7,146,996 $ 13,427,545
Repurchase Agreements    
Assets Sold under Agreements to Repurchase [Line Items]    
Repurchase agreements outstanding secured by: 7,146,996 13,427,545
MBS pledged as collateral at fair value on Repurchase agreements: 8,341,399 15,399,244
Average balance of Repurchase agreements secured by: 11,754,793 14,492,386
Repurchase Agreements | Agency MBS - Residential    
Assets Sold under Agreements to Repurchase [Line Items]    
Repurchase agreements outstanding secured by: 75,866 6,247,275
MBS pledged as collateral at fair value on Repurchase agreements: 89,561 6,602,039
Average balance of Repurchase agreements secured by: $ 4,406,107 $ 8,062,881
Average borrowing rate of Repurchase agreements secured by: 0.94% 2.10%
Average remaining maturity of Repurchase agreements secured by: 4 days 14 days
Average original maturity of Repurchase agreements secured by: 16 days 38 days
Repurchase Agreements | Agency CMBS    
Assets Sold under Agreements to Repurchase [Line Items]    
Repurchase agreements outstanding secured by: $ 2,206,233 $ 2,013,515
MBS pledged as collateral at fair value on Repurchase agreements: 2,347,087 2,102,520
Average balance of Repurchase agreements secured by: $ 2,112,244 $ 1,993,372
Average borrowing rate of Repurchase agreements secured by: 1.06% 2.10%
Average remaining maturity of Repurchase agreements secured by: 14 days 13 days
Average original maturity of Repurchase agreements secured by: 30 days 34 days
Repurchase Agreements | Non-agency MBS and Loans held for investment    
Assets Sold under Agreements to Repurchase [Line Items]    
Repurchase agreements outstanding secured by: $ 4,864,897 $ 5,166,755
MBS pledged as collateral at fair value on Repurchase agreements: 5,904,751 6,694,685
Average balance of Repurchase agreements secured by: $ 5,236,442 $ 4,436,133
Average borrowing rate of Repurchase agreements secured by: 3.59% 3.19%
Average remaining maturity of Repurchase agreements secured by: 230 days 255 days
Average original maturity of Repurchase agreements secured by: 250 days 279 days