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Investment Securities - AFS and Fair Value Option (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Dec. 31, 2015
RMBS    
Unrealized Losses    
Portion of securities with variable rate $ 159,400  
RMBS | Available-for-sale    
Investment Securities    
Maximum investment in available-for-sale securities with aggregate expected modified durations of less than 12 months (as a percent) 10.00%  
Cost of third party management $ 400  
Estimated Fair Value    
Securities with a loss less than 12 months 15,466 $ 17,026
Securities with a loss greater than 12 months 643 653
Unrealized Losses    
Securities with a loss less than 12 months (191) (180)
Securities with a loss greater than 12 months (144) (160)
Portion of securities with variable rate   $ 122,700
CMBS | Fair value option    
Unrealized Losses    
Unpaid principal balance of investment securities before consolidation of VIEs 4,600,000  
Purchases in which fair value option was elected 46,600  
Purchase amount reflected as repayment of debt of consolidated VIEs 13,400  
CMBS, fair value option    
Unrealized Losses    
Portion of securities with variable rate $ 0