Mortgage-Backed Securities - Narrative (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Mortgage Backed Securities [Abstract]
Unpledged Mortgage Backed Securities	$ 97,384,000	$ 62,436,000
Unsettled Securities Purchases Included in Unpledged Securities	$ 72,500,000

Investments in mortgage backed securities for which the Fair Value Option has been elected that are unencumbered at the balance sheet date. Such securities are reported at fair value; gains (losses) are included in earnings.

No definition available.

Name:	orc_MortgageBackedSecuritiesAtFairValueUnpledged
Namespace Prefix:	orc_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant