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Repurchase Agreements (Tables)
 6 Months Ended
Jun. 30, 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 June 30, 2021 and December 31, 2020 are summarized in the following tables:
 June 30, 2021December 31, 2020
Collateral TypeBalanceWeighted
Average Rate		Fair Value of
Collateral Pledged		BalanceWeighted
Average Rate
Fair Value of
Collateral Pledged (1)
Agency RMBS$1,835,941 0.12 %$1,928,660 $1,874,176 0.23 %$1,973,608 
Agency CMBS195,168 0.12 %209,156 237,649 0.23 %255,741 
Agency CMBS IO190,110 0.72 %215,503 209,393 0.90 %243,042 
Non-Agency CMBS IO99,824 1.00 %119,938 115,945 1.28 %136,684 
Total repurchase agreements$2,321,043 0.21 %$2,473,257 $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:
June 30, 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$620,942 0.31 %51 $1,416,608 0.37 %53 
30 to 90 days1,115,526 0.19 %97 845,394 0.31 %35 
91 to 180 days530,975 0.12 %165 175,161 0.22 %13 
180 days to 1 year53,600 0.15 %364 — — %— 
Total$2,321,043 0.21 %106 $2,437,163 0.34 %44