Repurchase Agreements Repurchase Agreements (Tables)

6 Months Ended

Jun. 30, 2015

Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]

Schedule of Assets and Associated Liabilities Accounted for as Secured Borrowings [Table Text Block]

	June 30, 2015
Collateral Type	Balance		Weighted Average Rate		Fair Value of Collateral Pledged
Agency RMBS	$	1,786,642	0.40	%	$	1,856,421
Non-Agency RMBS	57,775		1.61	%	69,906
Agency CMBS	740,454		0.36	%	807,758
Non-Agency CMBS	168,920		1.04	%	194,021
Agency CMBS IO	360,837		0.94	%	420,519
Non-Agency CMBS IO	280,125		1.06	%	332,530
Securitization financing bond	8,211		1.54	%	8,999
	$	3,402,964	0.56	%	$	3,690,154

	December 31, 2014
Collateral Type	Balance		Weighted Average Rate		Fair Value of Collateral Pledged
Agency RMBS	$	1,977,338	0.39	%	$	2,064,704
Non-Agency RMBS	17,594		1.57	%	21,787
Agency CMBS	253,857		0.36	%	291,103
Non-Agency CMBS	114,895		1.15	%	140,216
Agency CMBS IOs	372,609		0.92	%	430,638
Non-Agency CMBS IOs	266,983		1.04	%	315,149
Securitization financing bond	9,834		1.51	%	11,000
	$	3,013,110	0.55	%	$	3,274,597

As of June 30, 2015, the weighted average remaining term to maturity of our repurchase agreements was 27 days. The following table provides a summary of the original term to maturity of our repurchase agreements as of June 30, 2015 and December 31, 2014:

Original Term to Maturity	June 30, 2015		December 31, 2014
Less than 30 days	$	127,899	$	250,635
30 to 90 days	2,437,689		617,399
91 to 180 days	388,951		904,830
181 to 364 days	335,570		1,030,569
1 year or longer	112,855		209,677
	$	3,402,964	$	3,013,110