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Derivative Financial Instruments - Summary of Outstanding Swaptions (Details) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Derivatives, Fair Value [Line Items]    
Assets, at Fair Value $ 6,391,000us-gaap_DerivativeFairValueOfDerivativeAsset $ 2,446,000us-gaap_DerivativeFairValueOfDerivativeAsset
Interest Rate Swaption [Member]    
Derivatives, Fair Value [Line Items]    
Swaption Cost 5,350,000orc_SwaptionCost
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwaptionMember
 
Assets, at Fair Value 1,217,000us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwaptionMember
0us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwaptionMember
Derivative Instruments Average Months To Expiration 6orc_DerivativeInstrumentsAverageMonthstoexpiration
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwaptionMember
 
Notional Amount 375,000,000us-gaap_DerivativeAssetNotionalAmount
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwaptionMember
 
Derivative Average Fixed Interest Rate 2.79%us-gaap_DerivativeAverageFixedInterestRate
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwaptionMember
 
Derivative Avergage Receive Rate 3 Month  
Term (Years) 7 years 4 months 30 days  
Interest Rate Swaption [Member] | Less Than Or Equal To One Year [Member]    
Derivatives, Fair Value [Line Items]    
Swaption Cost 5,350,000orc_SwaptionCost
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwaptionMember
/ orc_DerivativesByMaturityAxisAxis
= orc_LessThanOrEqualToOneYearMember
 
Assets, at Fair Value 1,217,000us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwaptionMember
/ orc_DerivativesByMaturityAxisAxis
= orc_LessThanOrEqualToOneYearMember
 
Derivative Instruments Average Months To Expiration 6orc_DerivativeInstrumentsAverageMonthstoexpiration
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwaptionMember
/ orc_DerivativesByMaturityAxisAxis
= orc_LessThanOrEqualToOneYearMember
 
Notional Amount $ 375,000,000us-gaap_DerivativeAssetNotionalAmount
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwaptionMember
/ orc_DerivativesByMaturityAxisAxis
= orc_LessThanOrEqualToOneYearMember
 
Derivative Average Fixed Interest Rate 2.79%us-gaap_DerivativeAverageFixedInterestRate
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwaptionMember
/ orc_DerivativesByMaturityAxisAxis
= orc_LessThanOrEqualToOneYearMember
 
Derivative Avergage Receive Rate 3 Month  
Term (Years) 7 years 4 months 30 days