Repurchase Agreements (Tables)

6 Months Ended

Jun. 30, 2019

Disclosure of Repurchase Agreements [Abstract]

Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets [Table Text Block]

The Company’s repurchase agreements outstanding as of June 30, 2019 and December 31, 2018 are summarized in the following tables:

	June 30, 2019						December 31, 2018
Collateral Type	Balance		Weighted Average Rate		Fair Value of Collateral Pledged		Balance		Weighted Average Rate		Fair Value of Collateral Pledged
Agency RMBS	$	2,938,383	2.65	%	$	3,073,151	$	1,887,878	2.66	%	$	1,998,922
Agency CMBS	1,448,977		2.66	%	1,569,019		919,833		2.51	%	986,861
Agency CMBS IO	241,552		2.97	%	270,668		253,258		2.96	%	285,247
Non-Agency CMBS IO	186,540		3.30	%	219,562		207,015		3.38	%	240,574
Total repurchase agreements	$	4,815,452	2.69	%	$	5,132,400	$	3,267,984	2.69	%	$	3,511,604

Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Table Text Block]

The following table provides information on the remaining term to maturity and original term to maturity for the Company’s repurchase agreements as of the dates indicated:

	June 30, 2019			December 31, 2018
Remaining Term to Maturity	Balance		WAVG Original Term to Maturity	Balance		WAVG Original Term to Maturity
Less than 30 days	$	4,175,623	56	$	2,319,911	56
30 to 90 days	537,763		90	948,073		89
91 to 180 days	102,066		183	—		—
Total	$	4,815,452	62	$	3,267,984	66