Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Assets
Mortgage-backed securities, at fair value (including pledged assets of $15,677,054 and $17,049,670 at September 30, 2014 and December 31, 2013, respectively)	$ 16,890,424	$ 17,642,532
Cash and cash equivalents	215,073	763,326
Restricted cash	226,764	225,379
Unsettled purchased mortgage-backed securities, at fair value	45,691
Receivable for securities sold		231,214
Accrued interest receivable	52,757	55,156
Principal payments receivable	128,041	95,021
Other investments	41,163	34,910
Derivative assets, at fair value	31,002	26,989
Other assets	16,998	2,833
Total assets	17,647,913	19,077,360
Liabilities and shareholders’ equity
Repurchase agreements	14,920,959	16,129,683
Dollar roll liability		351,826
Payable for unsettled securities	45,571
Accrued interest payable	2,841	8,279
Derivative liabilities, at fair value	175,322	167,607
Dividend payable	52,988	52,929
Accounts payable and other liabilities	5,740	2,935
Total liabilities	15,203,421	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, respectively ($287,500 aggregate liquidation preference)	278,252	278,252
Common stock, $.001 par value, 200,000,000 shares authorized, 96,719,908 and 96,601,523 shares issued and outstanding, respectively	97	97
Additional paid-in capital	2,453,698	2,453,018
Accumulated deficit	(438,319)	(359,214)
Accumulated other comprehensive income (loss)	150,764	(8,052)
Total shareholders’ equity	2,444,492	2,364,101
Total liabilities and shareholders’ equity	$ 17,647,913	$ 19,077,360