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GOVERNMENT AND GOVERNMENT-BACKED SECURITIES - Schedule of Agency and Treasury Securities by Designation (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2024
USD ($)
security
Dec. 31, 2023
USD ($)
Debt Securities, Available-for-sale [Line Items]    
Weighted Average Life (Years) 4 years  
Agency    
Debt Securities, Available-for-sale [Line Items]    
Outstanding Face Amount $ 9,561,293  
Gross unrealized gains 3,291  
Gross unrealized losses (66,040)  
Carrying value $ 9,300,237 $ 8,533,130
Number of Securities | security 47  
Weighted Average Coupon 5.60%  
Weighted average yield 8.00%  
Weighted Average Life (Years) 8 years 7 months 6 days  
Securities designated as available for sale (“AFS”):    
Debt Securities, Available-for-sale [Line Items]    
Outstanding Face Amount $ 71,981  
Gross unrealized gains 0  
Gross unrealized losses 0  
Carrying value $ 62,998 65,496
Number of Securities | security 1  
Weighted Average Coupon 3.50%  
Weighted average yield 3.50%  
Weighted Average Life (Years) 10 years 8 months 12 days  
Securities measured at fair value through net income:    
Debt Securities, Available-for-sale [Line Items]    
Outstanding Face Amount $ 9,489,312  
Gross unrealized gains 3,291  
Gross unrealized losses (66,040)  
Carrying value $ 9,237,239 $ 8,467,634
Number of Securities | security 46  
Weighted Average Coupon 5.10%  
Weighted average yield 5.20%  
Weighted Average Life (Years) 8 years 8 months 12 days