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Derivatives - Gain (loss) on Derivative Instruments , Net (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Derivative [Line Items]        
Gain on derivative instruments, net $ 116,012 $ 106,412 $ 48,745 $ 326,623
Interest rate swaptions        
Derivative [Line Items]        
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments 0 26,502 0 51,940
Options on U.S. Treasury futures        
Derivative [Line Items]        
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments (1,211) 0 (5,468) 0
Short position | U.S. Treasury futures        
Derivative [Line Items]        
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments 171,219 150,475 64,846 439,408
Long position | TBA securities        
Derivative [Line Items]        
Gain (Loss) on Derivative Instruments Held for Trading Purposes, Net $ (53,996) $ (70,565) $ (10,633) $ (164,725)