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The Components of Gain (Loss) on Derivative Instruments Net (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Derivative Instruments Gain Loss [Line Items]        
Gain (loss) on derivative instruments, net $ (55,260) $ 5,485 $ (96,875) $ 5,536
Interest Rate Swap
       
Derivative Instruments Gain Loss [Line Items]        
Fair value adjustments 8,525   24,388  
Monthly net settlements (29,754)   (59,166)  
Interest Rate Swaptions
       
Derivative Instruments Gain Loss [Line Items]        
Fair value adjustments (2,679)   (2,679)  
Futures Contracts
       
Derivative Instruments Gain Loss [Line Items]        
Fair value adjustments (90,005) 5,537 (107,387) 5,537
Realized gains (losses) (3,647) (52) (22,253) (1)
TBA Dollar Roll
       
Derivative Instruments Gain Loss [Line Items]        
TBA dollar roll income 25,622   46,443  
Realized and unrealized gains $ 36,678   $ 23,779