Pledged Assets (Tables)

3 Months Ended

Mar. 31, 2017

Pledged Assets [Abstract]

Schedule of Financial Instruments Owned and Pledged as Collateral [TextBlock]

(in thousands)
		March 31, 2017
		Repurchase		Derivative
Assets Pledged to Counterparties		Agreements		Agreements		Total
PT RMBS - fair value	$	3,103,265	$	-	$	3,103,265
Structured RMBS - fair value		128,540		-		128,540
Accrued interest on pledged securities		12,478		-		12,478
Restricted cash		4,440		13,220		17,660
Total	$	3,248,723	$	13,220	$	3,261,943

(in thousands)
		December 31, 2016
		Repurchase		Clearing		Derivative		Insurance
Assets Pledged to Counterparties		Agreements		Margin		Agreements		Capital(1)		Total
PT RMBS - fair value	$	2,854,062	$	-	$	-	$	1,065	$	2,855,127
Structured RMBS - fair value		106,195		10,968		-		-		117,163
Accrued interest on pledged securities		10,623		266		-		4		10,893
Restricted cash		10,835		-		9,865		250		20,950
Total	$	2,981,715	$	11,234	$	9,865	$	1,319	$	3,004,133

Schedule of Financial Instruments Pledged as Collateral from Counterparties [Text Block]

(in thousands)
Assets Pledged to Orchid		March 31, 2017		December 31, 2016
PT RMBS - fair value	$	300	$	-
U.S. Treasury securities - fair value		2,699		3,438
Cash		1,739		1,029
Total	$	4,738	$	4,467