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PLEDGED ASSETS - Assets Pledged to Counterparties (Details) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Pledged Assets [Line Items]    
Financial Instruments, Owned and Pledged as Collateral, at Fair Value $ 2,937,749,000 $ 3,584,354,000
Accrued interest receivable 10,054,000 12,404,000
Restricted cash 38,725,000 84,885,000
Repurchase Agreement [Member]    
Pledged Assets [Line Items]    
Accrued interest receivable 9,853,000 12,367,000
OtherReceivablesFromBrokerDealersAndClearingOrganizations 0 0
Restricted cash 22,239,000 65,851,000
Derivative [Member]    
Pledged Assets [Line Items]    
Accrued interest receivable 0 0
OtherReceivablesFromBrokerDealersAndClearingOrganizations 0 0
Restricted cash 16,486,000 19,034,000
Residential Mortgage Backed Securities [Member]    
Pledged Assets [Line Items]    
Financial Instruments, Owned and Pledged as Collateral, at Fair Value 2,937,749,000 3,584,354,000
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 2,900,536,000 3,500,394,000
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 37,213,000 83,960,000
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 0
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