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Income Taxes - Reconciliation of Tax Rate (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Reconciliation of statutory tax to effective tax        
Federal statutory tax rate $ 39,472 $ 42,501 $ 48,971 $ 90,357
REIT and other non-taxable income (39,171) (40,510) (48,135) (75,482)
State income taxes 72 179 (23) 2,180
Federal benefit of state tax deduction (25) (63) 8 (763)
Valuation allowance   1,618   2,873
Other 358 67 (21) 578
Effective tax rate $ 706 $ 3,792 $ 800 $ 19,743
Reconciliation of statutory tax rate to effective tax rate        
Federal statutory tax rate (as a percent) 35.00% 35.00% 35.00% 35.00%
REIT and other non-taxable income (as a percent) (34.70%) (33.30%) (34.40%) (29.20%)
State income taxes (as a percent) 0.10% 0.10%   0.80%
Federal benefit of state tax deduction (as a percent) (0.10%) (0.10%)   (0.30%)
Valuation allowance (as a percent)   1.30%   1.10%
Other (as a percent) 0.30% 0.10%   0.20%
Effective tax rate (as a percent) 0.60% 3.10% 0.60% 7.60%