Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Assets
Mortgage-backed securities, at fair value (including pledged assets of $15,677,054 and $17,049,670 at June 30, 2014 and December 31, 2013, respectively)	$ 16,651,220	$ 17,642,532
Cash and cash equivalents	377,350	763,326
Restricted cash	305,082	225,379
Unsettled purchased mortgage-backed securities, at fair value	60,393
Receivable for securities sold	152,177	231,214
Accrued interest receivable	52,578	55,156
Principal payments receivable	120,026	95,021
Other investments	41,203	34,910
Derivative assets, at fair value	28,581	26,989
Other assets	5,093	2,833
Total assets	17,793,703	19,077,360
Liabilities and shareholders’ equity
Repurchase agreements	15,019,880	16,129,683
Dollar roll liability		351,826
Payable for unsettled securities	59,811
Accrued interest payable	3,148	8,279
Derivative liabilities, at fair value	222,197	167,607
Dividend payable	52,886	52,929
Accounts payable and other liabilities	2,770	2,935
Total liabilities	15,360,692	16,713,259
Shareholders’ equity:
7.625% Series A Cumulative Redeemable Preferred stock, $.001 par value, 25,000,000 shares authorized, 11,500,000 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively ($287,500 aggregate liquidation preference)	278,252	278,252
Common stock, $.001 par value, 200,000,000 shares authorized, 96,516,761 and 96,601,523 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively	97	97
Additional paid-in capital	2,452,808	2,453,018
Accumulated deficit	(462,369)	(359,214)
Accumulated other comprehensive income (loss)	164,223	(8,052)
Total shareholders’ equity	2,433,011	2,364,101
Total liabilities and shareholders’ equity	$ 17,793,703	$ 19,077,360