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Derivatives (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Derivative [Line Items]        
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net   $ (172,290) $ (186,949) $ (3,461)
Derivative liabilities, fair value $ (974) (1,634) (974)  
Derivative Asset, Fair Value, Gross Asset 4,290 11,342 4,290  
Derivative Liability, Fair Value, Gross Liability 974 1,634 974  
Derivative assets, fair value 4,290 11,342 4,290  
Interest rate swaps        
Derivative [Line Items]        
Derivative Instruments Not Designated as Hedging Instruments, Gain       10,363
Derivative Instruments Not Designated as Hedging Instruments, Loss   (182,942) (202,450)  
Interest rate swaption        
Derivative [Line Items]        
Derivative Instruments Not Designated as Hedging Instruments, Gain   680    
Derivative Instruments Not Designated as Hedging Instruments, Loss     (5,607) 0
Derivative instrument, cost basis   13,000    
Derivative Asset, Fair Value, Gross Asset 573   573  
Derivative Liability, Fair Value, Gross Liability   $ (107)    
Derivative, Average Fixed Interest Rate   1.07%    
Derivative Asset, Notional Amount   $ 1,250,000    
Derivative assets, fair value   1,253    
U.S. Treasury futures        
Derivative [Line Items]        
Derivative Instruments Not Designated as Hedging Instruments, Gain     2,250  
Derivative Instruments Not Designated as Hedging Instruments, Loss   (15,046)   (2,722)
Derivative Liability, Fair Value, Gross Liability   (1,527)    
Options on U.S. Treasury futures        
Derivative [Line Items]        
Derivative Instruments Not Designated as Hedging Instruments, Loss   (26,186) (1,422) (658)
Derivative Asset, Fair Value, Gross Asset 2,883   2,883  
Long position | TBA securities        
Derivative [Line Items]        
Derivative Instruments Not Designated as Hedging Instruments, Gain   61,245 20,020  
Derivative Instruments Not Designated as Hedging Instruments, Loss       (10,737)
Derivative Asset, Fair Value, Gross Asset 834 8,888 834  
Short position | TBA securities        
Derivative [Line Items]        
Derivative Instruments Not Designated as Hedging Instruments, Gain     260 $ 293
Derivative Instruments Not Designated as Hedging Instruments, Loss   (10,041)    
Derivative Liability, Fair Value, Gross Liability 974   974  
Not Designated as Hedging Instrument, Economic Hedge | Interest rate swaps        
Derivative [Line Items]        
Derivative Asset, Notional Amount 4,225,000 0 4,225,000  
Not Designated as Hedging Instrument, Economic Hedge | Interest rate swaption        
Derivative [Line Items]        
Derivative liabilities, fair value   (107)    
Derivative Asset, Notional Amount 750,000 1,250,000 750,000  
Derivative assets, fair value 573 1,360 573  
Not Designated as Hedging Instrument, Economic Hedge | Interest rate swaption | 6 months or less        
Derivative [Line Items]        
Derivative liabilities, fair value 0   0  
Derivative instrument, cost basis $ 6,180 $ 6,312 $ 6,180  
Derivative, Average Fixed Interest Rate 2.07% 1.02% 2.07%  
Derivative Asset, Notional Amount $ 750,000 $ 750,000 $ 750,000  
Derivative, Average Remaining Maturity   3 months 1 month  
Derivative assets, fair value 573 $ 1,161 $ 573  
Not Designated as Hedging Instrument, Economic Hedge | Interest rate swaption | Greater than 6 months        
Derivative [Line Items]        
Derivative instrument, cost basis   $ 6,688    
Derivative, Average Fixed Interest Rate   1.16%    
Derivative Asset, Notional Amount   $ 500,000    
Derivative, Average Remaining Maturity   8 months    
Derivative assets, fair value   $ 92    
Not Designated as Hedging Instrument, Economic Hedge | U.S. Treasury futures        
Derivative [Line Items]        
Derivative liabilities, fair value 0   0  
Not Designated as Hedging Instrument, Economic Hedge | Options on U.S. Treasury futures        
Derivative [Line Items]        
Derivative instrument, cost basis 2,883   2,883  
Derivative Asset, Notional Amount $ 1,350,000 $ 500,000 1,350,000  
Derivative, Average Remaining Maturity 2 months 1 month    
Derivative assets, fair value $ 2,883 $ 1,094 2,883  
Not Designated as Hedging Instrument, Economic Hedge | Short position | U.S. Treasury futures        
Derivative [Line Items]        
Derivative liabilities, fair value   $ (1,527)    
Derivative, Average Remaining Maturity   2 months    
Derivative Liability, Notional Amount 0 $ 825,000 0  
Not Designated as Hedging Instrument, Economic Hedge | Short position | TBA securities        
Derivative [Line Items]        
Derivative liabilities, fair value (974) 0 (974)  
Derivative Liability, Notional Amount 500,000 0 500,000  
Not Designated as Hedging Instrument, Trading | Long position | TBA securities        
Derivative [Line Items]        
Derivative Asset, Notional Amount 435,000 1,515,000 435,000  
Derivative assets, fair value $ 834 $ 8,888 $ 834