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Repurchase Agreements (Tables)
 3 Months Ended
Mar. 31, 2021
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 March 31, 2021 and December 31, 2020 are summarized in the following tables:
 March 31, 2021December 31, 2020
Collateral TypeBalanceWeighted
Average Rate		Fair Value of
Collateral Pledged		BalanceWeighted
Average Rate		Fair Value of
Collateral Pledged
Agency RMBS$1,499,034 0.16 %$1,568,623 $1,874,176 0.23 %$1,973,608 
Agency CMBS234,228 0.16 %246,936 237,649 0.23 %255,741 
Agency CMBS IO191,882 0.78 %228,854 209,393 0.90 %243,042 
Non-Agency CMBS IO106,945 1.01 %128,920 115,945 1.28 %136,684 
Total repurchase agreements$2,032,089 0.26 %$2,173,333 $2,437,163 0.34 %$2,609,075 
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:
March 31, 2021December 31, 2020
Remaining Term to MaturityBalanceWeighted
Average Rate		WAVG Original Term to MaturityBalanceWeighted
Average Rate		WAVG Original Term to Maturity
Less than 30 days$1,119,808 0.27 %24 $1,416,608 0.37 %53 
30 to 90 days753,223 0.28 %42 845,394 0.31 %35 
91 to 180 days159,058 0.17 %14 175,161 0.22 %13 
Total$2,032,089 0.26 %30 $2,437,163 0.34 %44