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Collateral Positions (Details) - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Derivative [Line Items]    
Principal/notional balance $ 23,354,075 $ 20,114,683
Repurchase Agreements 19,122,295 15,047,528
Secured Loans 1,898,489 1,930,364
Interest Rate Swaps, Futures Contracts and Currency Forward Contracts 189,780 159,914
Total collateral pledged 21,326,959 17,151,306
Cash collateral held 170 18,083
Non-cash collateral held 181 0
Total collateral held 351 18,083
Interest Rate Swaps, Futures Contracts and Currency Forward Contracts    
Derivative [Line Items]    
Interest Rate Swaps, Futures Contracts and Currency Forward Contracts 306,175 173,414
Repurchase Agreements    
Derivative [Line Items]    
Cash collateral held 10 0
Non-cash collateral held 181 0
Total collateral held 191 0
Interest Rate Swaps    
Derivative [Line Items]    
Cash collateral held 160 18,083
Total collateral held 160 18,083
Agency RMBS    
Derivative [Line Items]    
Repurchase Agreements 10,187,555 10,158,404
Secured Loans 621,471 702,952
Agency CMBS    
Derivative [Line Items]    
Principal/notional balance 4,561,276 973,122
Repurchase Agreements 4,446,384 870,702
Non-Agency CMBS    
Derivative [Line Items]    
Principal/notional balance 4,464,525 4,024,715
Repurchase Agreements 2,549,841 2,016,202
Secured Loans 1,276,418 1,227,412
Non-Agency RMBS    
Derivative [Line Items]    
Principal/notional balance 2,340,119 2,800,335
Repurchase Agreements 943,176 1,127,911
GSE CRT    
Derivative [Line Items]    
Principal/notional balance 858,244 738,529
Repurchase Agreements 918,117 819,328
Mortgage-backed and credit risk transfer securities    
Derivative [Line Items]    
Principal/notional balance 99,300 131,800
Total collateral pledged 21,132,742 17,082,825
Loan Participation Interest    
Derivative [Line Items]    
Repurchase Agreements 44,654 54,981
Total collateral pledged 44,654 54,981
Cash    
Derivative [Line Items]    
Repurchase Agreements 32,568 0
Total collateral pledged 32,568 13,500
Cash | Interest Rate Swaps, Futures Contracts and Currency Forward Contracts    
Derivative [Line Items]    
Interest Rate Swaps, Futures Contracts and Currency Forward Contracts 0 13,500
Restricted cash    
Derivative [Line Items]    
Secured Loans 600 0
Total collateral pledged 116,995 0
Restricted cash | Interest Rate Swaps, Futures Contracts and Currency Forward Contracts    
Derivative [Line Items]    
Interest Rate Swaps, Futures Contracts and Currency Forward Contracts $ 116,395 $ 0