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Offsetting Assets and Liabilties - Offsetting of Liabilties (Details) (Repurchase Agreement [Member], USD $)
Mar. 31, 2015
Dec. 31, 2014
Repurchase Agreement [Member]
   
Offsetting Liabilities [Line Items]    
Gross Amount Of Recognized Liabilties $ 1,459,490,000orc_GrossAmountOfRecognizedLiabilties
/ us-gaap_FinancialInstrumentAxis
= us-gaap_RepurchaseAgreementsMember
$ 1,436,651,000orc_GrossAmountOfRecognizedLiabilties
/ us-gaap_FinancialInstrumentAxis
= us-gaap_RepurchaseAgreementsMember
Gross Amount Of Liabilties Offset In The Balance Sheet 0orc_GrossAmountOfLiabiltiesOffsetInTheBalanceSheet
/ us-gaap_FinancialInstrumentAxis
= us-gaap_RepurchaseAgreementsMember
0orc_GrossAmountOfLiabiltiesOffsetInTheBalanceSheet
/ us-gaap_FinancialInstrumentAxis
= us-gaap_RepurchaseAgreementsMember
Net Amount Of Liabilities Presented In The Balance Sheet 1,459,490,000orc_NetAmountOfLiabilitiesPresentedInTheBalanceSheet
/ us-gaap_FinancialInstrumentAxis
= us-gaap_RepurchaseAgreementsMember
1,436,651,000orc_NetAmountOfLiabilitiesPresentedInTheBalanceSheet
/ us-gaap_FinancialInstrumentAxis
= us-gaap_RepurchaseAgreementsMember
Gross Amount Of Financial Instruments Posted Not Offset in Balance Sheet (1,457,305,000)orc_GrossAmountOfFinancialInstrumentsPostedNotOffsetInBalanceSheet
/ us-gaap_FinancialInstrumentAxis
= us-gaap_RepurchaseAgreementsMember
(1,434,035,000)orc_GrossAmountOfFinancialInstrumentsPostedNotOffsetInBalanceSheet
/ us-gaap_FinancialInstrumentAxis
= us-gaap_RepurchaseAgreementsMember
Gross Amounts Of Cash Posted Not Offset In Balance Sheet (2,185,000)orc_GrossAmountsOfCashPostedNotOffsetInBalanceSheet
/ us-gaap_FinancialInstrumentAxis
= us-gaap_RepurchaseAgreementsMember
(2,616,000)orc_GrossAmountsOfCashPostedNotOffsetInBalanceSheet
/ us-gaap_FinancialInstrumentAxis
= us-gaap_RepurchaseAgreementsMember
Net Amount Of Liabilities $ 0orc_NetAmountOfLiabilities
/ us-gaap_FinancialInstrumentAxis
= us-gaap_RepurchaseAgreementsMember
$ 0orc_NetAmountOfLiabilities
/ us-gaap_FinancialInstrumentAxis
= us-gaap_RepurchaseAgreementsMember