OFFSETTING ASSETS AND LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2020

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 December 31, 2020 and 2019.

(in thousands)
Offsetting of Assets
							Gross Amount Not
					Net Amount		Offset in the Balance Sheet
					of Assets		Financial
	Gross Amount		Gross Amount		Presented		Instruments		Cash
	of Recognized		Offset in the		in the		Received as		Received as		Net
	Assets		Balance Sheet		Balance Sheet		Collateral		Collateral		Amount
December 31, 2020
Interest rate swaps	$	7	$	-	$	7	$	-	$	-	$	7
Interest rate swaptions		17,433		-		17,433		-		(3,563)		13,870
TBA securities		3,559		-		3,559		-		(2,520)		1,039
	$	20,999	$	-	$	20,999	$	-	$	(6,083)	$	14,916

Offsetting of Liabilties [Table Text Block]

(in thousands)
Offsetting of Liabilities
							Gross Amount Not
					Net Amount		Offset in the Balance Sheet
					of Liabilities		Financial
	Gross Amount		Gross Amount		Presented		Instruments
	of Recognized		Offset in the		in the		Posted as		Cash Posted		Net
	Liabilities		Balance Sheet		Balance Sheet		Collateral		Collateral		Amount
December 31, 2020
Repurchase Agreements	$	3,595,586	$	-	$	3,595,586	$	(3,536,757)	$	(58,829)	$	-
Interest rate swaps		24,711		-		24,711		-		(19,761)		4,950
Interest rate swaptions		7,730		-		7,730		-		-		-
TBA securities		786		-		786		-		(284)		502
	$	3,628,813	$	-	$	3,628,813	$	(3,536,757)	$	(78,874)	$	5,452
December 31, 2019
Repurchase Agreements	$	3,448,106	$	-	$	3,448,106	$	(3,382,255)	$	(65,851)	$	-
Interest rate swaps		20,146		-		20,146		-		(17,450)		2,696
TBA securities		512		-		512		-		(246)		266
	$	3,468,764	$	-	$	3,468,764	$	(3,382,255)	$	(83,547)	$	2,962