v3.21.2

Investment in Securities (Summary of Investment Income) (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2021 | Sep. 30, 2020 | Sep. 30, 2021 | Sep. 30, 2020
Securities, Available-for-sale [Line Items] |  |  |  |
Interest Income | $ 40,146 | $ 43,075 | $ 126,115 | $ 134,463
Agency RMBS |  |  |  |
Securities, Available-for-sale [Line Items] |  |  |  |
Coupon Interest | 14,797 | 14,117 | 43,449 | 47,632
Net Amortization | (9,551) | (7,454) | (20,123) | (25,516)
Interest Income | 5,246 | 6,663 | 23,326 | 22,116
Non-Agency RMBS and CMBS |  |  |  |
Securities, Available-for-sale [Line Items] |  |  |  |
Coupon Interest | 3,307 | 3,311 | 10,321 | 10,995
Net Amortization | 748 | 1,911 | 3,179 | 4,001
Interest Income | 4,055 | 5,222 | 13,500 | 14,996
CLOs |  |  |  |
Securities, Available-for-sale [Line Items] |  |  |  |
Coupon Interest | 3,532 | 2,256 | 7,978 | 11,662
Net Amortization | (1,456) | 2,179 | 59 | 1,543
Interest Income | 2,076 | 4,435 | 8,037 | 13,205
Other Securities |  |  |  |
Securities, Available-for-sale [Line Items] |  |  |  |
Coupon Interest | 4,590 | 2,970 | 12,296 | 8,992
Net Amortization | (1,813) | (1,435) | (3,796) | (3,584)
Interest Income | 2,777 | 1,535 | 8,500 | 5,408
Securities Investment [Member] |  |  |  |
Securities, Available-for-sale [Line Items] |  |  |  |
Coupon Interest | 26,226 | 22,654 | 74,044 | 79,281
Net Amortization | (12,072) | (4,799) | (20,681) | (23,556)
Interest Income | $ 14,154 | $ 17,855 | $ 53,363 | $ 55,725

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- Definition The sum of the periodic adjustments of the differences between securities' face values and purchase prices that are charged against earnings. This is called accretion if the security was purchased at a discount and amortization if it was purchased at premium. As a noncash item, this element is an adjustment to net income when calculating cash provided by or used in operations using the indirect method. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3602-108585 + Details
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- Definition Amount of operating interest income, including, but not limited to, amortization and accretion of premiums and discounts on securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1(e)) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
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