v3.19.1

Investment in Securities (Maturities of Securities) (Details) $ in Thousands | Mar. 31, 2019 USD ($)
--- | ---
Agency RMBS |
Fair Value |
Less than three years | $ 38,461
Greater than three years less than seven years | 486,247
Greater than seven years less then eleven years | 581,828
Greater than eleven years | 12,251
Total | 1,118,787
Amortized Cost |
Less than three years | 38,339
Greater than three years less than seven years | 489,019
Greater than seven years less then eleven years | 585,867
Greater than eleven years | 12,030
Total | $ 1,125,255
Weighted Average Coupon(2) |
Less than three years | 4.10%
Greater than three years less than seven years | 4.04%
Greater than seven years less then eleven years | 4.29%
Greater than eleven years | 4.64%
Total | 4.17%
Agency Interest Only Securities |
Fair Value |
Less than three years | $ 7,582
Greater than three years less than seven years | 17,582
Greater than seven years less then eleven years | 264
Greater than eleven years | 0
Total | 25,428
Amortized Cost |
Less than three years | 7,763
Greater than three years less than seven years | 17,460
Greater than seven years less then eleven years | 250
Greater than eleven years | 0
Total | $ 25,473
Weighted Average Coupon(2) |
Less than three years | 0.00%
Greater than three years less than seven years | 0.66%
Greater than seven years less then eleven years | 3.42%
Greater than eleven years | 3.14%
Total | 3.31%
Non-Agency RMBS and CMBS |
Fair Value |
Less than three years | $ 60,447
Greater than three years less than seven years | 65,214
Greater than seven years less then eleven years | 53,571
Greater than eleven years | 52,484
Total | 231,716
Amortized Cost |
Less than three years | 52,618
Greater than three years less than seven years | 60,490
Greater than seven years less then eleven years | 49,960
Greater than eleven years | 52,409
Total | $ 215,477
Weighted Average Coupon(2) |
Less than three years | 2.15%
Greater than three years less than seven years | 3.61%
Greater than seven years less then eleven years | 5.32%
Greater than eleven years | 2.07%
Total | 3.36%
Non-Agency IOs |
Fair Value |
Less than three years | $ 176
Greater than three years less than seven years | 3,829
Greater than seven years less then eleven years | 306
Greater than eleven years | 3,335
Total | 7,646
Amortized Cost |
Less than three years | 30
Greater than three years less than seven years | 3,450
Greater than seven years less then eleven years | 0
Greater than eleven years | 2,213
Total | $ 5,693
Weighted Average Coupon(2) |
Less than three years | 0.00%
Greater than three years less than seven years | 0.50%
Greater than seven years less then eleven years | 1.40%
Greater than eleven years | 2.00%
Total | 0.77%
CLOs and Other Securities |
Fair Value |
Less than three years | $ 34,601
Greater than three years less than seven years | 90,984
Greater than seven years less then eleven years | 17,235
Greater than eleven years | 1,623
Total | 144,443
Amortized Cost |
Less than three years | 34,877
Greater than three years less than seven years | 91,770
Greater than seven years less then eleven years | 16,487
Greater than eleven years | 1,451
Total | $ 144,585
Weighted Average Coupon(2) |
Less than three years | 0.00%
Greater than three years less than seven years | 0.68%
Greater than seven years less then eleven years | 4.33%
Greater than eleven years | 12.03%
Total | 5.69%

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