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Basis of Presentation and Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2021
Basis of Presentation and Significant Accounting Policies [Abstract]  
Gains and Losses of Specified Categories of Investments
The following table presents gains and losses on the specified categories of investments for the periods indicated (dollars in thousands):

 
 
Three Months Ended June 30,
   
Six Months Ended June 30,
 
 
 
2021
   
2020
   
2021
   
2020
 
Realized gain (loss) on RMBS, net
                       
Gain on RMBS
 
$
2,820
   
$
513
   
$
5,484
   
$
18,663
 
Loss on RMBS
   
(1,837
)
   
(2,282
)
   
(2,407
)
   
(37,975
)
Net realized gain (loss) on RMBS
   
983
     
(1,769
)
   
3,077
     
(19,312
)
Realized gain (loss) on derivatives, net
   
(10,139
)
   
4,558
     
(14,880
)
   
(14,198
)
Unrealized gain (loss) on derivatives, net
   
3,548
     
(4,581
)
   
(4,511
)
   
47,619
 
Realized loss on MSRs, net
   
-
     
(11,347
)
   
-
     
(11,347
)
Unrealized gain (loss) on investments in Servicing Related Assets
   
(20,501
)
   
(17,025
)
   
1,963
     
(110,878
)
Realized gain (loss) on acquired assets, net
   
29
     
(548
)
   
34
     
(502
)
Total
 
$
(26,080
)
 
$
(30,712
)
 
$
(14,317
)
 
$
(108,618
)