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Repurchase Agreements (Borrowings Under Repurchase Agreement) (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements $ 8,571,422 $ 7,879,087
Repurchase agreement financings are subject to termination 1,700,000  
Repurchase Agreement Borrowings    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements $ 8,572,545 $ 7,879,114
Weighted Average Interest Rate 3.22% 3.42%
Less debt issuance costs $ 1,123 $ 27
Total repurchase agreements less debt issuance costs 8,571,422 7,879,087
Repurchase Agreement Borrowings | Overnight    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements $ 0  
Weighted Average Interest Rate 0.00%  
Repurchase Agreement Borrowings | Within 30 Days    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements $ 4,082,663  
Weighted Average Interest Rate 2.88%  
Repurchase Agreement Borrowings | Over 30 Days to 3 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements $ 1,973,985  
Weighted Average Interest Rate 3.36%  
Repurchase Agreement Borrowings | Over 3 Months to 12 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements $ 1,594,693  
Weighted Average Interest Rate 3.59%  
Repurchase Agreement Borrowings | Over 12 months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements $ 921,204  
Weighted Average Interest Rate 3.77%  
Repurchase Agreement Borrowings | Within 30 days    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements $ 6,487,134 $ 6,747,166
Weighted Average Interest Rate 3.18% 3.35%
Repurchase Agreement Borrowings | Over 30 days to 3 months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements $ 660,954 $ 368,857
Weighted Average Interest Rate 2.46% 3.10%
Repurchase Agreement Borrowings | Over 3 months to 12 months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements $ 1,312,280 $ 763,091
Weighted Average Interest Rate 3.72% 4.18%
Repurchase Agreement Borrowings | Over 12 months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements $ 112,177 $ 0
Weighted Average Interest Rate 3.87% 0.00%
Agency MBS    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements $ 1,675,861 $ 2,384,357
Agency MBS | Overnight    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
Agency MBS | Within 30 Days    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 1,067,633  
Agency MBS | Over 30 Days to 3 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 608,228  
Agency MBS | Over 3 Months to 12 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
Agency MBS | Over 12 months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
Legacy Non-Agency MBS    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 1,231,908 1,447,585
Legacy Non-Agency MBS | Overnight    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
Legacy Non-Agency MBS | Within 30 Days    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 1,017,253  
Legacy Non-Agency MBS | Over 30 Days to 3 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
Legacy Non-Agency MBS | Over 3 Months to 12 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 214,655  
Legacy Non-Agency MBS | Over 12 months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
RPL/NPL MBS    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 642,740 1,084,532
RPL/NPL MBS | Overnight    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
RPL/NPL MBS | Within 30 Days    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 642,740  
RPL/NPL MBS | Over 30 Days to 3 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
RPL/NPL MBS | Over 3 Months to 12 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
RPL/NPL MBS | Over 12 months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
CRT securities    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 303,544 391,586
CRT securities | Overnight    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
CRT securities | Within 30 Days    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 303,544  
CRT securities | Over 30 Days to 3 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
CRT securities | Over 3 Months to 12 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
CRT securities | Over 12 months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
Residential Whole Loans, at Fair Value    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 3,727,526 2,020,508
Residential Whole Loans, at Fair Value | Overnight    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
Residential Whole Loans, at Fair Value | Within 30 Days    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 300,767  
Residential Whole Loans, at Fair Value | Over 30 Days to 3 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 1,365,757  
Residential Whole Loans, at Fair Value | Over 3 Months to 12 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 1,251,974  
Residential Whole Loans, at Fair Value | Over 12 months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 809,028  
MSR-related assets    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 918,055 474,127
MSR-related assets | Overnight    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
MSR-related assets | Within 30 Days    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 744,876  
MSR-related assets | Over 30 Days to 3 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
MSR-related assets | Over 3 Months to 12 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 128,064  
MSR-related assets | Over 12 months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 45,115  
Other    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 72,911 $ 76,419
Other | Overnight    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
Other | Within 30 Days    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 5,850  
Other | Over 30 Days to 3 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
Other | Over 3 Months to 12 Months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements 0  
Other | Over 12 months    
Debt Securities, Available-for-sale [Line Items]    
Balance of repurchase agreements $ 67,061  
Minimum    
Debt Securities, Available-for-sale [Line Items]    
Repurchase agreement financings are subject to termination, period 1 month  
Maximum    
Debt Securities, Available-for-sale [Line Items]    
Repurchase agreement financings are subject to termination, period 6 months