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Secured Financing Agreements (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2016
USD ($)
item
Mar. 31, 2015
USD ($)
Dec. 31, 2015
USD ($)
Feb. 29, 2016
USD ($)
Secured Financing Agreements        
Unamortized premium, net $ 1,099      
Unamortized discount     $ 1,702  
Unamortized deferred financing costs (36,147)   (38,336)  
Carrying Value $ 4,480,960   $ 3,980,699  
Repayment of secured financings        
Percentage of repurchase agreements for which margin calls are limited to collateral specific credit marks 59.00%      
Percentage of repurchase agreements containing margin call provisions that pertain to loans held-for-sale 27.00%      
Lender 2 Repo 1 Facility        
Secured Financing Agreements        
Maximum Facility Size $ 600,000     $ 500,000
Amount of increase in available borrowings 100,000      
Lender 4 Repo 2 Facility        
Secured Financing Agreements        
Maximum borrowing capacity 600,000      
Maximum facility size subject to certain conditions 1,000,000      
Lender 7 Secured Financing        
Secured Financing Agreements        
Maximum borrowing capacity 450,000      
Maximum facility size subject to certain conditions $ 650,000      
Floor interest rate (as a percent) 75.00%      
CMBS Repo 1 Facility        
Secured Financing Agreements        
Maturity period 11 months      
CMBS Repo 3 Facility        
Secured Financing Agreements        
Maturity period 12 months      
RMBS Repo 1 Facility        
Secured Financing Agreements        
Current maturity period, relative to when the buyer delivers notice to the seller 180 days   180 days  
Investing and Servicing Segment Property Mortgages        
Secured Financing Agreements        
Interest rate (as a percent) 3.00%      
Maximum Facility Size $ 16,000      
Number of investment securities financed | item 2      
Investing and Servicing Segment Property Mortgages | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 2.25%      
Investing and Servicing Segment Property Mortgages | Weighted-average        
Secured Financing Agreements        
Maturity period 4 years 10 months 24 days      
Woodstar Portfolio Government Financing        
Secured Financing Agreements        
Principal Amount $ 126,700      
Number of federal, state and county sponsored mortgage facilities assumed | item 16      
Repayment of secured financings        
Total $ 126,700      
Secured financing agreements        
Secured Financing Agreements        
Pledged Asset Carrying Value 9,088,287      
Maximum Facility Size 7,209,205      
Principal Amount 4,516,008   $ 4,020,737  
Repayment of secured financings        
2016 (remainder of) 370,204      
2017 1,196,441      
2018 671,362      
2019 613,486      
2020 1,153,608      
Thereafter 510,907      
Total 4,516,008   4,020,737  
Additional non-cash interest expense 3,900 $ 3,500    
Secured financing agreements | Lender 1 Repo 1 Facility        
Secured Financing Agreements        
Pledged Asset Carrying Value 2,155,043      
Maximum Facility Size 1,600,000      
Principal Amount 1,340,634   975,735  
Repayment of secured financings        
Total $ 1,340,634   975,735  
Secured financing agreements | Lender 1 Repo 1 Facility | Minimum | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 1.85%      
Secured financing agreements | Lender 1 Repo 1 Facility | Maximum | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 5.25%      
Secured financing agreements | Lender 2 Repo 1 Facility        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 285,237      
Maximum Facility Size 500,000      
Principal Amount 175,912   233,705  
Repayment of secured financings        
Total $ 175,912   233,705  
Secured financing agreements | Lender 2 Repo 1 Facility | Minimum | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 1.75%      
Secured financing agreements | Lender 2 Repo 1 Facility | Maximum | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 2.75%      
Secured financing agreements | Lender 3 Repo I Facility        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 152,414      
Maximum Facility Size 109,745      
Principal Amount 109,745   131,997  
Repayment of secured financings        
Total $ 109,745   131,997  
Secured financing agreements | Lender 3 Repo I Facility | Minimum | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 2.50%      
Secured financing agreements | Lender 3 Repo I Facility | Maximum | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 2.85%      
Secured financing agreements | Lender 4 Repo 1 Facility        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 385,003      
Maximum Facility Size 301,518      
Principal Amount 301,518   309,498  
Repayment of secured financings        
Total $ 301,518   309,498  
Secured financing agreements | Lender 4 Repo 1 Facility | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 2.00%      
Secured financing agreements | Lender 4 Repo 2 Facility        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 192,257      
Maximum Facility Size 1,000,000      
Principal Amount 151,999      
Repayment of secured financings        
Total $ 151,999      
Secured financing agreements | Lender 4 Repo 2 Facility | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 2.50%      
Secured financing agreements | Lender 6 Repo 1 Facility        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 702,162      
Maximum Facility Size 500,000      
Principal Amount 413,104   491,263  
Repayment of secured financings        
2016 (remainder of) 221,900      
Total $ 413,104   491,263  
Secured financing agreements | Lender 6 Repo 1 Facility | Minimum | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 2.50%      
Secured financing agreements | Lender 6 Repo 1 Facility | Maximum | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 3.00%      
Secured financing agreements | Lender 7 Secured Financing        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 109,285      
Maximum Facility Size $ 650,000      
Principal Amount     38,055  
Repayment of secured financings        
Total     38,055  
Secured financing agreements | Lender 7 Secured Financing | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 2.75%      
Secured financing agreements | Conduit Repo 1 Facility        
Secured Financing Agreements        
Maximum Facility Size $ 150,000      
Principal Amount     80,741  
Repayment of secured financings        
Total     80,741  
Secured financing agreements | Conduit Repo 1 Facility | Minimum | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 1.95%      
Secured financing agreements | Conduit Repo 1 Facility | Maximum | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 3.35%      
Secured financing agreements | Conduit Repo 2 Facility        
Secured Financing Agreements        
Maximum Facility Size $ 150,000      
Secured financing agreements | Conduit Repo 2 Facility | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 2.10%      
Secured financing agreements | Conduit Repo 3 Facility        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 96,986      
Maximum Facility Size 150,000      
Principal Amount 71,599   66,041  
Repayment of secured financings        
2016 (remainder of) 71,600      
Total $ 71,599   66,041  
Secured financing agreements | Conduit Repo 3 Facility | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 2.10%      
Secured financing agreements | Conduit Repo 4 Facility        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 16,842      
Maximum Facility Size 100,000      
Principal Amount 12,188      
Repayment of secured financings        
Total $ 12,188      
Secured financing agreements | Conduit Repo 4 Facility | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 2.25%      
Secured financing agreements | CMBS Repo 1 Facility        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 32,710      
Maximum Facility Size 21,354      
Principal Amount 21,354      
Repayment of secured financings        
Total $ 21,354      
Secured financing agreements | CMBS Repo 1 Facility | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 1.90%      
Secured financing agreements | CMBS Repo 2 Facility        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 132,740      
Maximum Facility Size 100,238      
Principal Amount 100,238   120,850  
Repayment of secured financings        
Total $ 100,238   120,850  
Secured financing agreements | CMBS Repo 2 Facility | Minimum | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 2.35%      
Secured financing agreements | CMBS Repo 2 Facility | Maximum | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 2.70%      
Secured financing agreements | CMBS Repo 3 Facility        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 365,199      
Maximum Facility Size 260,777      
Principal Amount 260,777   243,434  
Repayment of secured financings        
Total $ 260,777   243,434  
Secured financing agreements | CMBS Repo 3 Facility | Minimum | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 1.40%      
Secured financing agreements | CMBS Repo 3 Facility | Maximum | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 1.85%      
Secured financing agreements | RMBS Repo 1 Facility        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 168,001      
Maximum Facility Size 125,000      
Principal Amount 71,707   2,000  
Repayment of secured financings        
Total $ 71,707   2,000  
Secured financing agreements | RMBS Repo 1 Facility | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 1.90%      
Secured financing agreements | Investing and Servicing Segment Property Mortgages        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 133,136      
Maximum Facility Size 106,055      
Principal Amount 100,715   82,964  
Repayment of secured financings        
Total 100,715   82,964  
Secured financing agreements | Ireland Portfolio Mortgage        
Secured Financing Agreements        
Pledged Asset Carrying Value 500,086      
Maximum Facility Size 334,623      
Principal Amount 334,623   319,322  
Repayment of secured financings        
Total $ 334,623   319,322  
Secured financing agreements | Ireland Portfolio Mortgage | EURIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 1.69%      
Secured financing agreements | Woodstar Portfolio Mortgages        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 338,281      
Maximum Facility Size 248,630      
Principal Amount 248,630   248,630  
Repayment of secured financings        
Total $ 248,630   248,630  
Secured financing agreements | Woodstar Portfolio Mortgages | Minimum        
Secured Financing Agreements        
Interest rate (as a percent) 3.72%      
Secured financing agreements | Woodstar Portfolio Mortgages | Maximum        
Secured Financing Agreements        
Interest rate (as a percent) 3.81%      
Secured financing agreements | Woodstar Portfolio Government Financing        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 296,321      
Maximum Facility Size 135,437      
Principal Amount 135,437   8,982  
Repayment of secured financings        
Total $ 135,437   8,982  
Secured financing agreements | Woodstar Portfolio Government Financing | Minimum        
Secured Financing Agreements        
Interest rate (as a percent) 1.00%      
Secured financing agreements | Woodstar Portfolio Government Financing | Maximum        
Secured Financing Agreements        
Interest rate (as a percent) 5.00%      
Secured financing agreements | Term Loan        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 3,015,838      
Maximum Facility Size 656,578      
Principal Amount 656,578   658,270  
Repayment of secured financings        
Total $ 656,578   658,270  
Secured financing agreements | Term Loan | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 2.75%      
Secured financing agreements | FHLB Advances        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 10,746      
Maximum Facility Size 9,250      
Principal Amount 9,250   9,250  
Repayment of secured financings        
Total $ 9,250   9,250  
Secured financing agreements | FHLB Advances | LIBOR        
Secured Financing Agreements        
Pricing margin (as a percent) 0.37%      
Repurchase Agreements        
Secured Financing Agreements        
Pledged Asset Carrying Value $ 3,030,775   2,655,264  
Principal Amount 3,030,775      
Repayment of secured financings        
2016 (remainder of) 353,820      
2017 1,186,779      
2018 641,989      
2019 594,290      
2020 174,303      
Thereafter 79,594      
Total 3,030,775      
Repurchase Agreements | Loan held for investment        
Secured Financing Agreements        
Pledged Asset Carrying Value 2,492,912   2,142,198  
Repurchase Agreements | Loans held-for-sale        
Secured Financing Agreements        
Pledged Asset Carrying Value 83,787   146,782  
Repurchase Agreements | Investment securities.        
Secured Financing Agreements        
Pledged Asset Carrying Value 454,076   $ 366,284  
Other Secured Financing        
Secured Financing Agreements        
Principal Amount 1,485,233      
Repayment of secured financings        
2016 (remainder of) 16,384      
2017 9,662      
2018 29,373      
2019 19,196      
2020 979,305      
Thereafter 431,313      
Total $ 1,485,233