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Repurchase Agreements (Tables)
 9 Months Ended
Sep. 30, 2020
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 September 30, 2020 and December 31, 2019 are summarized in the following tables:
 September 30, 2020December 31, 2019
Collateral Type
Balance (1)
Weighted
Average Rate		Fair Value of
Collateral Pledged		BalanceWeighted
Average Rate		Fair Value of
Collateral Pledged
Agency RMBS$1,975,736 0.24 %$2,069,035 $2,594,645 1.96 %$2,647,638 
Agency CMBS275,473 0.23 %296,572 1,735,848 1.98 %1,901,452 
Agency CMBS IO221,013 1.04 %254,886 255,912 2.30 %282,522 
Non-Agency CMBS IO122,461 1.26 %145,639 165,943 2.67 %193,013 
Total repurchase agreements$2,594,683 0.36 %$2,766,132 $4,752,348 2.01 %$5,024,625 
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:
September 30, 2020December 31, 2019
Remaining Term to MaturityBalanceWeighted
Average Rate		WAVG Original Term to MaturityBalanceWeighted
Average Rate		WAVG Original Term to Maturity
Less than 30 days$2,048,541 0.37 %64 $2,078,185 2.12 %34 
30 to 90 days496,755 0.27 %95 2,674,163 1.93 %52 
91 to 180 days49,387 0.93 %121 — — %— 
Total$2,594,683 0.36 %71 $4,752,348 2.01 %45