OFFSETTING ASSETS AND LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2018

Offsetting Assets And Liabilities [Abstract]

Offsetting of Assets [Table Text Block]

The following table presents information regarding those assets and liabilities subject to such arrangements as if the Company had presented them on a net basis as of September 30, 2018 and December 31, 2017.

(in thousands)
Offsetting of Assets
					Net Amount		Gross Amount Not Offset in the
					of Assets		Consolidated Balance Sheet
			Gross Amount		Presented		Financial
	Gross Amount		Offset in the		in the		Instruments		Cash
	of Recognized		Consolidated		Consolidated		Received as		Received as		Net
	Assets		Balance Sheet		Balance Sheet		Collateral		Collateral		Amount
September 30, 2018
Interest rate swaps	$	28,030	$	-	$	28,030	$	-	$	-	$	28,030
Interest rate swaptions		7,357		-		7,357		-		(7,357)		-
TBA securities		2,035		-		2,035		-		(1,749)		286
	$	37,422	$	-	$	37,422	$	-	$	(9,106)	$	28,316
December 31, 2017
Interest rate swaps	$	13,745	$	-	$	13,745	$	-	$	-	$	13,745
Interest rate swaptions		3,405		-		3,405		-		(3,405)		-
TBA securities		10		-		10		-		(10)		-
	$	17,160	$	-	$	17,160	$	-	$	(3,415)	$	13,745

Offsetting of Liabilties [Table Text Block]

(in thousands)
Offsetting of Liabilities
					Net Amount		Gross Amount Not Offset in the
					of Liabilities		Consolidated Balance Sheet
			Gross Amount		Presented		Financial
	Gross Amount		Offset in the		in the		Instruments
	of Recognized		Consolidated		Consolidated		Posted as		Cash Posted		Net
	Liabilities		Balance Sheet		Balance Sheet		Collateral		Collateral		Amount
September 30, 2018
Repurchase Agreements	$	3,321,803	$	-	$	3,321,803	$	(3,295,987)	$	(25,816)	$	-
	$	3,321,803	$	-	$	3,321,803	$	(3,295,987)	$	(25,816)	$	-
December 31, 2017
Repurchase Agreements	$	3,533,786	$	-	$	3,533,786	$	(3,508,490)	$	(25,296)	$	-
Interest rate swaps		215		-		215		-		-		215
TBA securities		1,823		-		1,823		-		(1,508)		315
	$	3,535,824	$	-	$	3,535,824	$	(3,508,490)	$	(26,804)	$	530