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Derivatives Volume of Activity (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2018
USD ($)
Not Designated as Hedging Instrument, Economic Hedge [Member] | TBA securities | Short [Member]  
Derivative [Line Items]  
Beginning of Period Notional Amount $ 150,000 [1]
Notional Amount of Derivative Instruments Added 0
Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off (150,000)
End of Period Notional Amount 0 [1]
Not Designated as Hedging Instrument, Economic Hedge [Member] | Interest rate swaps  
Derivative [Line Items]  
Beginning of Period Notional Amount 5,675,000 [2]
End of Period Notional Amount 4,180,000 [2]
Not Designated as Hedging Instrument, Economic Hedge [Member] | Interest rate swaps | Long [Member]  
Derivative [Line Items]  
Beginning of Period Notional Amount 100,000
Notional Amount of Derivative Instruments Added 0
Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off (100,000)
End of Period Notional Amount 0
Not Designated as Hedging Instrument, Economic Hedge [Member] | Interest rate swaps | Short [Member]  
Derivative [Line Items]  
Beginning of Period Notional Amount 5,775,000
Notional Amount of Derivative Instruments Added 955,000
Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off (2,550,000)
End of Period Notional Amount 4,180,000
Not Designated as Hedging Instrument, Economic Hedge [Member] | Eurodollar futures  
Derivative [Line Items]  
Beginning of Period Notional Amount 1,950,000 [3]
Notional Amount of Derivative Instruments Added 0 [3]
Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off (1,950,000) [3]
End of Period Notional Amount 0 [3]
Not Designated as Hedging Instrument, Trading | TBA securities | Long [Member]  
Derivative [Line Items]  
Beginning of Period Notional Amount 795,000 [1]
Notional Amount of Derivative Instruments Added 7,857,000
Notional Amount of Derivative Instruments Maturing, Settled, Terminated, or Paired-Off (7,891,000)
End of Period Notional Amount $ 761,000 [1]
[1] Notional amount represents the par value (or principal balance) of the underlying Agency MBS as if settled as of the end of the period.
[2] The net notional amounts included in the tables above represent pay-fixed interest rate swaps, net of any receive-fixed interest rate swaps, and include $1,525,000 and $2,655,000 of pay-fixed forward starting interest rate swaps as of September 30, 2018 and December 31, 2017, respectively.
[3] The Eurodollar futures notional amounts represent the total notional of the 3-month contracts all of which expire in 2018. The maximum notional outstanding for any future 3-month period did not exceed $650,000 during the period indicated.