v3.19.1
To Be Announced RMBS (Tables)
 3 Months Ended
Mar. 31, 2019
To Be Announced RMBS [Abstract]  
To Be Announced RMBS
The below table details TBA assets, liabilities, and the respective related payables and receivables as of December 31, 2018:
(In thousands)
 
As of
December 31, 2018
Assets:
 
 
TBA securities, at fair value (Current principal: $460,037)
 
$
474,860

Receivable for securities sold relating to unsettled TBA sales
 
766,574

Liabilities:
 
 
TBA securities sold short, at fair value (Current principal: -$753,697)
 
$
(772,964
)
Payable for securities purchased relating to unsettled TBA purchases
 
(473,386
)
Net short TBA securities, at fair value
 
(298,104
)