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Mortgage backed securities Mortgage backed securities designated as AFS (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Schedule of Available-for-sale Securities [Line Items]    
Investment Owned, Balance, Principal Amount $ 3,495,718 $ 3,181,586
Investments, Unamortized Premium (Discount), Net 843,415 800,080
Available-for-sale Securities, Amortized Cost Basis 4,339,133 3,981,666
Available-for-sale Securities, Net Unrealized Gain (Loss) 96,754 92,246
Mortgage-backed Securities Available-for-sale, Fair Value 4,435,887 4,073,912
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
Investment Owned, Balance, Principal Amount 3,013,015 2,706,428
Investments, Unamortized Premium (Discount), Net 755,928 709,246
Available-for-sale Securities, Amortized Cost Basis 3,768,943 3,415,674
Available-for-sale Securities, Net Unrealized Gain (Loss) 49,683 46,916
Mortgage-backed Securities Available-for-sale, Fair Value 3,818,626 3,462,590
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Residential Mortgage Backed Securities [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
Investment Owned, Balance, Principal Amount 2,732,173 2,425,826
Investments, Unamortized Premium (Discount), Net 158,205 137,168
Available-for-sale Securities, Amortized Cost Basis 2,890,378 2,562,994
Available-for-sale Securities, Net Unrealized Gain (Loss) 4,643 8,343
Mortgage-backed Securities Available-for-sale, Fair Value 2,895,021 2,571,337
Investments, Weighted Average Coupon Rate 3.56% 3.67%
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Commercial Mortgage Backed Securities [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
Investment Owned, Balance, Principal Amount 280,842 280,602
Investments, Unamortized Premium (Discount), Net 21,562 21,907
Available-for-sale Securities, Amortized Cost Basis 302,404 302,509
Available-for-sale Securities, Net Unrealized Gain (Loss) 19,812 21,564
Mortgage-backed Securities Available-for-sale, Fair Value 322,216 324,073
Investments, Weighted Average Coupon Rate 5.18% 5.19%
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Commercial Mortgage Backed Securities, Interest Only [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
Investment Owned, Balance, Principal Amount 0 0
Notional balance for interest only securities 10,873,160 10,059,495
Investments, Unamortized Premium (Discount), Net 576,161 550,171
Available-for-sale Securities, Amortized Cost Basis 576,161 550,171
Available-for-sale Securities, Net Unrealized Gain (Loss) 25,228 17,009
Mortgage-backed Securities Available-for-sale, Fair Value 601,389 567,180
Investments, Weighted Average Coupon Rate 1.02% 0.95%
Mortgage-backed Securities, Issued by Private Enterprises [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
Investment Owned, Balance, Principal Amount 482,703 475,158
Investments, Unamortized Premium (Discount), Net 87,487 90,834
Available-for-sale Securities, Amortized Cost Basis 570,190 565,992
Available-for-sale Securities, Net Unrealized Gain (Loss) 47,071 45,330
Mortgage-backed Securities Available-for-sale, Fair Value 617,261 611,322
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Residential Mortgage Backed Securities [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
Investment Owned, Balance, Principal Amount 10,053 11,411
Investments, Unamortized Premium (Discount), Net (758) (781)
Available-for-sale Securities, Amortized Cost Basis 9,295 10,630
Available-for-sale Securities, Net Unrealized Gain (Loss) 285 408
Mortgage-backed Securities Available-for-sale, Fair Value 9,580 11,038
Investments, Weighted Average Coupon Rate 4.20% 4.28%
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Commercial Mortgage Backed Securities [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
Investment Owned, Balance, Principal Amount 472,650 463,747
Investments, Unamortized Premium (Discount), Net (16,685) (17,313)
Available-for-sale Securities, Amortized Cost Basis 455,965 446,434
Available-for-sale Securities, Net Unrealized Gain (Loss) 40,310 39,908
Mortgage-backed Securities Available-for-sale, Fair Value 496,275 486,342
Investments, Weighted Average Coupon Rate 5.40% 5.31%
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Commercial Mortgage Backed Securities, Interest Only [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
Investment Owned, Balance, Principal Amount 0 0
Notional balance for interest only securities 2,385,979 2,393,614
Investments, Unamortized Premium (Discount), Net 104,930 108,928
Available-for-sale Securities, Amortized Cost Basis 104,930 108,928
Available-for-sale Securities, Net Unrealized Gain (Loss) 6,476 5,014
Mortgage-backed Securities Available-for-sale, Fair Value 111,406 113,942
Investments, Weighted Average Coupon Rate 0.93% 0.86%
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value 1,034,706 1,026,277
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses (8,997) (6,552)
Available-for-sale Securities, Number in unrealized loss position less than 12 months 87 83
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 251,664 271,719
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses (6,415) (5,797)
Available-for-sale Securities, Unrealized Loss position for 12 months or more 35 34
Mortgage-backed Securities, Issued by Private Enterprises [Member]
   
Schedule of Available-for-sale Securities [Line Items]    
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value 4,480 13,877
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Losses (314) (76)
Available-for-sale Securities, Number in unrealized loss position less than 12 months 2 3
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value 2,188 2,701
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Losses $ (161) $ (198)
Available-for-sale Securities, Unrealized Loss position for 12 months or more 6 8