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PLEDGED ASSETS - Assets Pledged to Counterparties (Details) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Pledged Assets [Line Items]    
Financial Instruments, Owned and Pledged as Collateral, at Fair Value $ 3,029,117,000 $ 2,991,586,000
Accrued interest receivable 12,585,000 13,241,000
OtherReceivablesFromBrokerDealersAndClearingOrganizations 0 221,746,000
Restricted cash 16,998,000 17,981,000
Repurchase Agreement [Member]    
Pledged Assets [Line Items]    
Accrued interest receivable 12,253,000 12,904,000
OtherReceivablesFromBrokerDealersAndClearingOrganizations 0 220,654,000
Restricted cash 6,775,000 7,034,000
Derivative [Member]    
Pledged Assets [Line Items]    
Accrued interest receivable 0 35,000
OtherReceivablesFromBrokerDealersAndClearingOrganizations 0 0
Restricted cash 10,223,000 10,947,000
Residential Mortgage Backed Securities [Member]    
Pledged Assets [Line Items]    
Financial Instruments, Owned and Pledged as Collateral, at Fair Value 3,029,117,000 2,991,586,000
Residential Mortgage Backed Securities [Member] | Repurchase Agreement [Member] | Pass Through Certificate [Member]    
Pledged Assets [Line Items]    
Financial Instruments, Owned and Pledged as Collateral, at Fair Value 2,918,623,000 2,854,540,000
Residential Mortgage Backed Securities [Member] | Repurchase Agreement [Member] | Structured Finance [Member]    
Pledged Assets [Line Items]    
Financial Instruments, Owned and Pledged as Collateral, at Fair Value 110,494,000 126,270,000
Residential Mortgage Backed Securities [Member] | Derivative [Member] | Pass Through Certificate [Member]    
Pledged Assets [Line Items]    
Financial Instruments, Owned and Pledged as Collateral, at Fair Value 0 10,776,000
Residential Mortgage Backed Securities [Member] | Derivative [Member] | Structured Finance [Member]    
Pledged Assets [Line Items]    
Financial Instruments, Owned and Pledged as Collateral, at Fair Value $ 0 $ 0