v3.20.4

Borrowings (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Debt Disclosure [Abstract] |
Schedule of Repurchase Agreements [Table Text Block] | The following table details the Company's outstanding borrowings under repurchase agreements for Agency RMBS and credit assets (which can include non-Agency RMBS, CMBS, CLOs, consumer loans, corporate debt, residential mortgage loans, and commercial mortgage loans and REO), by remaining maturity as of December 31, 2020 and 2019:
|  | December 31, 2020 |  | December 31, 2019
|  |  |  | Weighted Average |  |  |  | Weighted Average
Remaining Maturity |  | Outstanding Borrowings |  | Interest Rate |  | Remaining Days to Maturity |  | Outstanding Borrowings |  | Interest Rate |  | Remaining Days to Maturity
Agency RMBS: |  | (In thousands) |  |  |  |  |  | (In thousands) |  |  |  |
30 Days or Less |  | $ | 265,556 |  |  | 0.28 | % |  | 17 |  | $ | 511,996 |  |  | 2.08 | % |  | 17
31-60 Days |  | 385,141 |  |  | 0.25 | % |  | 44 |  | 744,387 |  |  | 1.93 | % |  | 47
61-90 Days |  | 174,586 |  |  | 0.28 | % |  | 70 |  | 594,738 |  |  | 1.96 | % |  | 76
91-120 Days |  | — |  |  | — | % |  | — |  |  | 10,270 |  |  | 2.24 | % |  | 93
121-150 Days |  | 2,692 |  |  | 0.27 | % |  | 126 |  | — |  |  | — | % |  | — |
151-180 Days |  | 59,857 |  |  | 0.32 | % |  | 162 |  | 3,082 |  |  | 2.67 | % |  | 171
181-360 Days |  | 34,030 |  |  | 0.32 | % |  | 252 |  | — |  |  | — | % |  | — |
Total Agency RMBS |  | 921,862 |  |  | 0.27 | % |  | 57 |  | 1,864,473 |  |  | 1.98 | % |  | 48
Credit: |  |  |  |  |  |  |  |  |  |  |  |
30 Days or Less |  | 37,795 |  |  | 2.11 | % |  | 17 |  | 16,549 |  |  | 3.38 | % |  | 25
31-60 Days |  | 84,554 |  |  | 2.23 | % |  | 50 |  | 104,491 |  |  | 3.14 | % |  | 48
61-90 Days |  | 152,426 |  |  | 2.11 | % |  | 75 |  | 138,837 |  |  | 3.03 | % |  | 73
91-120 Days |  | 89,931 |  |  | 2.47 | % |  | 106 |  | — |  |  | — | % |  | — |
121-150 Days |  | 66,412 |  |  | 4.75 | % |  | 125 |  | 7,460 |  |  | 3.89 | % |  | 123
151-180 Days |  | 11,063 |  |  | 2.27 | % |  | 165 |  | 31,498 |  |  | 3.87 | % |  | 173
181-360 Days |  | 38,640 |  |  | 2.90 | % |  | 289 |  | 186,661 |  |  | 3.80 | % |  | 250
> 360 Days |  | 94,248 |  |  | 2.99 | % |  | 447 |  | 95,331 |  |  | 4.52 | % |  | 678
Total Credit Assets |  | 575,069 |  |  | 2.69 | % |  | 155 |  | 580,827 |  |  | 3.61 | % |  | 229
Total |  | $ | 1,496,931 |  |  | 1.20 | % |  | 94 |  | $ | 2,445,300 |  |  | 2.37 | % |  | 91
The following table details the Company's outstanding borrowings under reverse repurchase agreements for Agency RMBS, credit assets (which include non-Agency MBS, CLOs, consumer loans, corporate debt, residential mortgage loans, and commercial mortgage loans and REO), and U.S. Treasury securities, by remaining maturity as of December 31, 2018:
(In thousands) |  | December 31, 2018
|  |  |  | Weighted Average
Remaining Maturity |  | Outstanding Borrowings |  | Interest Rate |  | Remaining Days to Maturity
Agency RMBS: |  |  |  |  |  |
30 Days or Less |  | $ | 245,956 |  |  | 2.46 | % |  | 17
31-60 Days |  | 415,379 |  |  | 2.58 | % |  | 46
61-90 Days |  | 255,421 |  |  | 2.74 | % |  | 76
91-120 Days |  | 506 |  |  | 3.31 | % |  | 91
Total Agency RMBS |  | 917,262 |  |  | 2.59 | % |  | 47
Credit: |  |  |  |  |  |
30 Days or Less |  | 30,426 |  |  | 2.55 | % |  | 22
31-60 Days |  | 189,937 |  |  | 3.32 | % |  | 48
61-90 Days |  | 93,202 |  |  | 3.21 | % |  | 74
121-150 Days |  | 26,222 |  |  | 4.60 | % |  | 123
151-180 Days |  | 9,491 |  |  | 4.64 | % |  | 166
181-360 Days |  | 91,730 |  |  | 4.54 | % |  | 316
> 360 Days |  | 140,306 |  |  | 5.15 | % |  | 636
Total Credit Assets |  | 581,314 |  |  | 3.98 | % |  | 240
U.S. Treasury Securities: |  |  |  |  |  |
30 Days or Less |  | 273 |  |  | 3.10 | % |  | 2
Total U.S. Treasury Securities |  | 273 |  |  | 3.10 | % |  | 2
Total |  | $ | 1,498,849 |  |  | 3.13 | % |  | 122
Schedule of Maturities of Long-term Debt [Table Text Block] | Schedule of Principal Repayments The following table details the Company's principal repayment schedule, over the next 5 years, for outstanding borrowings as of December 31, 2020:
Year |  | Repurchase Agreements(1) |  | Other Secured Borrowings(2) |  | Senior Notes(1) |  | Total
(In thousands) |  |  |  |  |  |  |  |
Next Twelve Months |  | $ | 1,402,683 |  |  | $ | 370,933 |  |  | $ | — |  |  | $ | 1,773,616 |
Year 2 |  | 94,248 |  |  | 236,976 |  |  | 86,000 |  |  | 417,224 |
Year 3 |  | — |  |  | 221,269 |  |  | — |  |  | 221,269 |
Year 4 |  | — |  |  | — |  |  | — |  |  | — |
Year 5 |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | 1,496,931 |  |  | $ | 829,178 |  |  | $ | 86,000 |  |  | $ | 2,412,109 |
(1)Reflects the Company's contractual principal repayment dates. (2)Includes $778.1 million of expected principal repayments related to the Company's consolidated residential mortgage loan securitizations, which are projected based upon the underlying assets' expected repayments and may be prior to the stated contractual maturities. The following table details the Company's principal repayment schedule for outstanding borrowings as of December 31, 2018:
Year |  | Reverse Repurchase Agreements(1) |  | Other Secured Borrowings(2) |  | Senior Notes(1) |  | Total
(In thousands) |  |  |  |  |  |  |  |
2019 |  | $ | 1,358,542 |  |  | $ | 194,135 |  |  | $ | — |  |  | $ | 1,552,677 |
2020 |  | 78,530 |  |  | 205,198 |  |  | — |  |  | 283,728 |
2021 |  | 61,776 |  |  | 13,150 |  |  | — |  |  | 74,926 |
2022 |  | — |  |  | — |  |  | 86,000 |  |  | 86,000 |
2023 |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | 1,498,848 |  |  | $ | 412,483 |  |  | $ | 86,000 |  |  | $ | 1,997,331 |
(1)Reflects the Company's contractual principal repayment dates. (2)Reflects the Company's expected principal repayment dates.

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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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- Definition The entire disclosure for repurchase agreements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(m)(1)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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