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Segment Information - Financial Information by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Segment Reporting Information [Line Items]        
Interest income $ 150,117 $ 99,397 $ 429,700 $ 258,992
Interest expense (116,604) (64,351) (332,100) (154,078)
Net Interest Income 33,513 35,046 97,600 104,914
Non-interest Income        
Mortgage banking activities, net 9,515 11,224 40,984 48,396
Investment fair value changes, net 11,444 10,332 34,741 12,830
Other income (expense), net 1,825 3,453 7,819 8,893
Realized gains, net 4,714 7,275 18,227 21,352
Total non-interest income, net 27,498 32,284 101,771 91,471
Direct operating expenses (26,815) (21,490) (76,229) (63,529)
(Provision for) benefit from income taxes 114 (4,919) (3,102) (12,343)
Net Income 34,310 40,921 120,040 120,513
Non-cash amortization income (expense), net (720) 2,789 (892) 10,170
Operating Segments | Investment Portfolio        
Segment Reporting Information [Line Items]        
Interest income 132,894 79,556 380,394 202,882
Interest expense (94,519) (40,852) (266,318) (87,719)
Net Interest Income 38,375 38,704 114,076 115,163
Non-interest Income        
Mortgage banking activities, net 0 0 0 0
Investment fair value changes, net 11,896 10,566 35,749 13,756
Other income (expense), net 2,313 3,334 6,408 8,774
Realized gains, net 4,714 7,275 18,227 21,352
Total non-interest income, net 18,923 21,175 60,384 43,882
Direct operating expenses (2,191) (2,659) (7,110) (6,524)
(Provision for) benefit from income taxes (89) (2,840) (1,327) (4,858)
Net Income 55,018 54,380 166,023 147,663
Non-cash amortization income (expense), net 2,456 4,019 7,446 13,290
Operating Segments | Mortgage Banking        
Segment Reporting Information [Line Items]        
Interest income 12,491 14,427 34,220 40,408
Interest expense (6,657) (7,537) (18,816) (21,303)
Net Interest Income 5,834 6,890 15,404 19,105
Non-interest Income        
Mortgage banking activities, net 9,515 11,224 40,984 48,396
Investment fair value changes, net 0 0 0 0
Other income (expense), net (252) 0 (575) 0
Realized gains, net 0 0 0 0
Total non-interest income, net 9,263 11,224 40,409 48,396
Direct operating expenses (11,907) (6,570) (31,582) (20,941)
(Provision for) benefit from income taxes 203 (2,079) (1,775) (7,485)
Net Income 3,393 9,465 22,456 39,075
Non-cash amortization income (expense), net (2,028) (54) (4,765) (99)
Corporate/ Other        
Segment Reporting Information [Line Items]        
Interest income 4,732 5,414 15,086 15,702
Interest expense (15,428) (15,962) (46,966) (45,056)
Net Interest Income (10,696) (10,548) (31,880) (29,354)
Non-interest Income        
Mortgage banking activities, net 0 0 0 0
Investment fair value changes, net (452) (234) (1,008) (926)
Other income (expense), net (236) 119 1,986 119
Realized gains, net 0 0 0 0
Total non-interest income, net (688) (115) 978 (807)
Direct operating expenses (12,717) (12,261) (37,537) (36,064)
(Provision for) benefit from income taxes 0 0 0 0
Net Income (24,101) (22,924) (68,439) (66,225)
Non-cash amortization income (expense), net $ (1,148) $ (1,176) $ (3,573) $ (3,021)