Consolidated Statements of Income (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Interest income:
Mortgage-backed securities	$ 123,629	$ 107,728	$ 75,639
Securitized mortgage loans	3,436	5,395	7,615
Other investments	67	425	123
Total interest income	127,132	113,548	83,377
Interest expense:
Repurchase agreements	38,102	33,789	19,569
Non recourse collateralized financing	926	1,358	4,513
Total interest expense	39,028	35,147	24,082
Net interest income	88,104	78,401	59,295
Provision for loan losses	(261)	(192)	(871)
Net interest income after provision for loan losses	87,843	78,209	58,424
Litigation settlement and related costs			(8,240)
Loss on non-recourse collateralized financing	0	0	(1,970)
Loss on derivative instruments, net	(10,076)	(908)	(2,825)
Gain on sale of investments, net	3,354	8,461	2,096
Fair value adjustments, net	(652)	735	2,149
Other income, net	658	281	134
General and administrative expenses:
Compensation and benefits	(7,004)	(7,635)	(5,321)
Other general and administrative	(6,054)	(5,101)	(4,635)
Net income	68,069	74,042	39,812
Preferred Stock Dividends	(7,902)	(2,036)	0
Net income to common shareholders	$ 60,167	$ 72,006	$ 39,812
Weighted average common shares:
Basic	54,647,643	53,146,416	38,579,780
Diluted	54,647,643	53,146,416	38,580,579
Net income per common share:
Basic Net Income Per Common Share	$ 1.10	$ 1.35	$ 1.03
Diluted Net Income Per Common Share	$ 1.10	$ 1.35	$ 1.03