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Credit Risk and Interest Rate Risk (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Secured financing agreements    
 Gross Amounts of Recognized  Assets (Liabilities) $ (2,994,191) $ (2,824,371)
 Gross Amounts Offset in the Consolidated Statements of Financial Position 0 0
Net Amounts Offset in the Consolidated Statements of Financial Position (2,994,191) (2,824,371)
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Financial Instruments 4,222,227 4,086,097
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Cash Collateral (Received) Pledged 10,604 17,340
Net Amount 1,238,640 1,279,066
Derivative Asset    
Net Amounts Offset in the Consolidated Statements of Financial Position 0 117
Derivative Liability    
Net Amounts Offset in the Consolidated Statements of Financial Position (240) 0
Total Repurchase Agreements and Swaptions    
 Gross Amounts of Recognized  Assets (Liabilities) (2,985,913) (2,817,109)
 Gross Amounts Offset in the Consolidated Statements of Financial Position (8,518) (7,145)
Net Amounts Offset in the Consolidated Statements of Financial Position (2,994,431) (2,824,254)
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Financial Instruments 4,222,227 4,086,097
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Cash Collateral (Received) Pledged (5,521) 4,554
Net Amount 1,222,275 1,266,396
Interest Rate Swaps    
Derivative Asset    
 Gross Amounts of Recognized  Assets (Liabilities) 3,276 3,754
 Gross Amounts Offset in the Consolidated Statements of Financial Position (3,276) (3,754)
Net Amounts Offset in the Consolidated Statements of Financial Position 0 0
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Financial Instruments 0 0
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Cash Collateral (Received) Pledged 0 0
Net Amount 0 0
Derivative Liability    
 Gross Amounts of Recognized  Assets (Liabilities) 0 0
 Gross Amounts Offset in the Consolidated Statements of Financial Position 0 0
Net Amounts Offset in the Consolidated Statements of Financial Position 0 0
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Financial Instruments 0 0
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Cash Collateral (Received) Pledged (17,255) (13,486)
Net Amount (17,255) (13,486)
Swap futures    
Derivative Asset    
 Gross Amounts of Recognized  Assets (Liabilities) 0  
 Gross Amounts Offset in the Consolidated Statements of Financial Position 0  
Net Amounts Offset in the Consolidated Statements of Financial Position 0  
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Financial Instruments 0  
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Cash Collateral (Received) Pledged 1,568  
Net Amount 1,568  
Derivative Liability    
 Gross Amounts of Recognized  Assets (Liabilities) (240)  
 Gross Amounts Offset in the Consolidated Statements of Financial Position 0  
Net Amounts Offset in the Consolidated Statements of Financial Position (240)  
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Financial Instruments 0  
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Cash Collateral (Received) Pledged 0  
Net Amount (240)  
U.S. Treasury futures    
Derivative Asset    
 Gross Amounts of Recognized  Assets (Liabilities)   117
 Gross Amounts Offset in the Consolidated Statements of Financial Position   0
Net Amounts Offset in the Consolidated Statements of Financial Position 0 117
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Financial Instruments   0
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Cash Collateral (Received) Pledged   0
Net Amount   117
Derivative Liability    
 Gross Amounts of Recognized  Assets (Liabilities)   0
 Gross Amounts Offset in the Consolidated Statements of Financial Position   0
Net Amounts Offset in the Consolidated Statements of Financial Position 0 0
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Financial Instruments   0
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Cash Collateral (Received) Pledged   1,098
Net Amount   1,098
Swaptions    
Derivative Asset    
 Gross Amounts of Recognized  Assets (Liabilities) 0 0
 Gross Amounts Offset in the Consolidated Statements of Financial Position 0 0
Net Amounts Offset in the Consolidated Statements of Financial Position 0 0
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Financial Instruments 0 0
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Cash Collateral (Received) Pledged 0 0
Net Amount 0 0
Derivative Liability    
 Gross Amounts of Recognized  Assets (Liabilities) 0 3,391
 Gross Amounts Offset in the Consolidated Statements of Financial Position 0 (3,391)
Net Amounts Offset in the Consolidated Statements of Financial Position 0 0
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Financial Instruments 0 0
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Cash Collateral (Received) Pledged 0 (399)
Net Amount 0 $ (399)
Interest Rate Cap    
Derivative Asset    
 Gross Amounts of Recognized  Assets (Liabilities) 5,242  
 Gross Amounts Offset in the Consolidated Statements of Financial Position (5,242)  
Net Amounts Offset in the Consolidated Statements of Financial Position 0  
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Financial Instruments 0  
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Cash Collateral (Received) Pledged (438)  
Net Amount (438)  
Derivative Liability    
 Gross Amounts of Recognized  Assets (Liabilities) 0  
 Gross Amounts Offset in the Consolidated Statements of Financial Position 0  
Net Amounts Offset in the Consolidated Statements of Financial Position 0  
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Financial Instruments 0  
Gross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position, Cash Collateral (Received) Pledged 0  
Net Amount $ 0