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Repurchase Agreements Repurchase Agreements (Tables) | 9 Months Ended
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Sep. 30, 2014
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items] |
Schedule of Assets and Associated Liabilities Accounted for as Secured Borrowings [Table Text Block] | The following tables present the components of the Company’s repurchase agreements as of September 30, 2014 and December 31, 2013 by the fair value and type of securities pledged as collateral:
|  | September 30, 2014
Collateral Type |  | Balance |  | Weighted Average Rate |  | Fair Value of Collateral Pledged
Agency RMBS |  | $ | 2,081,924 |  |  | 0.36 | % |  | 2,168,095 |
Agency CMBS |  | 258,024 |  |  | 0.33 | % |  | 302,352 |
Agency CMBS IOs |  | 351,518 |  |  | 0.94 | % |  | 411,686 |
Non-Agency RMBS |  | 7,724 |  |  | 1.67 | % |  | 8,803 |
Non-Agency CMBS |  | 198,203 |  |  | 1.16 | % |  | 240,802 |
Non-Agency CMBS IO |  | 242,458 |  |  | 1.03 | % |  | 288,202 |
Securitization financing bonds |  | 10,403 |  |  | 1.50 | % |  | 11,885 |
|  | $ | 3,150,254 |  |  | 0.53 | % |  | $ | 3,431,825 |
|  | December 31, 2013
Collateral Type |  | Balance |  | Weighted Average Rate |  | Fair Value of Collateral Pledged
Agency RMBS |  | $ | 2,522,503 |  |  | 0.42 | % |  | 2,598,158 |
Agency CMBS |  | 246,849 |  |  | 0.39 | % |  | 306,318 |
Agency CMBS IOs |  | 369,948 |  |  | 1.16 | % |  | 449,072 |
Non-Agency RMBS |  | 10,569 |  |  | 1.80 | % |  | 12,746 |
Non-Agency CMBS |  | 303,674 |  |  | 1.27 | % |  | 367,859 |
Non-Agency CMBS IOs |  | 106,803 |  |  | 1.27 | % |  | 136,227 |
Securitization financing bonds |  | 20,651 |  |  | 1.59 | % |  | 19,686 |
Deferred costs |  | (243 | ) |  | n/a |  |  | n/a |
|  | $ | 3,580,754 |  |  | 0.61 | % |  | $ | 3,890,066 |
The combined weighted average original term to maturity for the Company’s repurchase agreements was 106 days as of September 30, 2014 compared to 114 days as of December 31, 2013. The following table provides a summary of the original maturities as of September 30, 2014 and December 31, 2013:
Original Maturity |  | September 30, 2014 |  | December 31, 2013
Less than 30 days |  | $ | 574,164 |  |  | $ | 4,736 |
30 to 90 days |  | 566,959 |  |  | 1,176,631 |
91 to 180 days |  | 1,514,454 |  |  | 1,439,225 |
181 to 364 days |  | 329,232 |  |  | 960,405 |
1 year or longer |  | 165,445 |  |  | — |
Deferred costs |  | — |  |  | (243 | )
|  | $ | 3,150,254 |  |  | $ | 3,580,754 |

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- Definition Tabular disclosure of the carrying amount and classification of assets and liabilities recognized in the transferor's statement of financial position at the end of each period presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 30 -Section 50 -Paragraph 1A -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=34720971&loc=SL6224234-111729 + Details
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