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Repurchase Agreements (Details) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
Assets Sold under Agreements to Repurchase, Repurchase Liability $ 3,314,991 $ 4,752,348
Weighted Average Rate 0.38% 2.01%
Fair Value of Collateral Pledged $ 3,543,475 $ 5,024,625
Payable for unsettled securities 0 6,180
Borrowings against securities sold, unsettled 144,910  
Agency | Commercial Mortgage Backed Securities    
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
Assets Sold under Agreements to Repurchase, Repurchase Liability $ 654,001 $ 1,735,848
Weighted Average Rate 0.28% 1.98%
Fair Value of Collateral Pledged $ 695,578 $ 1,901,452
Agency | Residential Mortgage Backed Securities    
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
Assets Sold under Agreements to Repurchase, Repurchase Liability $ 2,308,446 $ 2,594,645
Weighted Average Rate 0.27% 1.96%
Fair Value of Collateral Pledged $ 2,427,267 $ 2,647,638
Agency | Interest-Only-Strip    
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
Assets Sold under Agreements to Repurchase, Repurchase Liability $ 225,191 $ 255,912
Weighted Average Rate 1.12% 2.30%
Fair Value of Collateral Pledged $ 265,342 $ 282,522
Non-Agency | Interest-Only-Strip    
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
Assets Sold under Agreements to Repurchase, Repurchase Liability $ 127,353 $ 165,943
Weighted Average Rate 1.40% 2.67%
Fair Value of Collateral Pledged $ 155,288 $ 193,013