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Residential Mortgage-Backed Securities (Details 2) (USD $)
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2013
item
Dec. 31, 2012
Residential Mortgage-Backed Securities        
Estimated fair value   $ 4,186,750,000 $ 4,186,750,000 $ 5,212,581,000
Number of investments in unrealized position for more than one year     0  
Other loss on Residential mortgage-backed securities 87,000 3,533,000 5,801,000  
Residential Mortgage-Backed Securities
       
Residential Mortgage-Backed Securities        
Principal balance   3,891,146,000 3,891,146,000 4,582,727,000
Amortized cost of IOs and IIOs   199,132,000 199,132,000 176,093,000
Carrying value of Agency Interest-Only Strips accounted for as derivatives   99,574,000 99,574,000 75,387,000
Unamortized premium   292,849,000 292,849,000 382,614,000
Unamortized Discount   (30,762,000) (30,762,000) (5,511,000)
Non-Accretable Discount   (68,071,000) (68,071,000) (12,659,000)
Gross unrealized gains   11,987,000 11,987,000 25,395,000
Gross unrealized losses   (209,105,000) (209,105,000) (11,465,000)
Estimated fair value   4,186,750,000 4,186,750,000 5,212,581,000
Agency RMBS
       
Residential Mortgage-Backed Securities        
Fair value   3,800,000,000 3,800,000,000  
Unrealized loss position   205,700,000 205,700,000  
Non-Agency RMBS
       
Residential Mortgage-Backed Securities        
Principal balance   272,681,000 272,681,000 37,372,000
Non-Accretable Discount   (68,071,000) (68,071,000) (12,659,000)
Estimated fair value   173,574,000 173,574,000 19,073,000
Fair value   99,400,000 99,400,000  
Unrealized loss position   $ 3,400,000 $ 3,400,000