XML 86 R75.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Financing Agreements - Borrowings Under Repurchase Agreement and Associated Assets Pledged as Collateral (Details) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Asset Pledged as Collateral with Right    
Assets Sold under Agreements to Repurchase [Line Items]    
Fair value of securities pledged as collateral under financing agreements $ 9,961,651 $ 9,710,754
Asset Pledged as Collateral with Right | Agreements with mark-to-market collateral provisions    
Assets Sold under Agreements to Repurchase [Line Items]    
Fair value of securities pledged as collateral under financing agreements 2,817,898 2,466,787
Mark-to-market financing agreements secured by residential whole loans | Asset Pledged as Collateral with Right    
Assets Sold under Agreements to Repurchase [Line Items]    
Fair value of securities pledged as collateral under financing agreements 9,117,838 8,944,307
Mark-to-market financing agreements secured by residential whole loans | Asset Pledged as Collateral with Right | Agreements with mark-to-market collateral provisions    
Assets Sold under Agreements to Repurchase [Line Items]    
Fair value of securities pledged as collateral under financing agreements 1,984,335 1,733,674
Mark-to-market financing agreements secured by residential whole loans | Held at Fair Value    
Assets Sold under Agreements to Repurchase [Line Items]    
Carrying value $ 1,972,521 $ 1,712,489
Weighted average haircut (percent) 20.45% 20.90%
Mark-to-market financing agreements secured by residential whole loans | Held at Fair Value | Asset Pledged as Collateral with Right    
Assets Sold under Agreements to Repurchase [Line Items]    
Fair value of securities pledged as collateral under financing agreements $ 2,490,015 $ 2,204,239
Mark-to-market financing agreements secured by securities at fair value | Held at Fair Value    
Assets Sold under Agreements to Repurchase [Line Items]    
Carrying value $ 730,844 $ 622,603
Weighted average haircut (percent) 6.86% 8.07%
Mark-to-market financing agreements secured by securities at fair value | Held at Fair Value | Asset Pledged as Collateral with Right    
Assets Sold under Agreements to Repurchase [Line Items]    
Fair value of securities pledged as collateral under financing agreements $ 790,965 $ 689,818
Mark-to-market financing agreements secured by real estate owned | Asset Pledged as Collateral with Right    
Assets Sold under Agreements to Repurchase [Line Items]    
Fair value of securities pledged as collateral under financing agreements 52,848 76,629
Mark-to-market financing agreements secured by real estate owned | Asset Pledged as Collateral with Right | Agreements with mark-to-market collateral provisions    
Assets Sold under Agreements to Repurchase [Line Items]    
Fair value of securities pledged as collateral under financing agreements 42,598 43,295
Mark-to-market financing agreements secured by real estate owned | Held at Fair Value    
Assets Sold under Agreements to Repurchase [Line Items]    
Carrying value $ 25,831 $ 25,163
Weighted average haircut (percent) 45.95% 49.39%
Mark-to-market financing agreements secured by real estate owned | Held at Fair Value | Asset Pledged as Collateral with Right    
Assets Sold under Agreements to Repurchase [Line Items]    
Fair value of securities pledged as collateral under financing agreements $ 48,945 $ 50,365
Non-mark-to-market financing secured by residential whole loans | Held at Fair Value    
Assets Sold under Agreements to Repurchase [Line Items]    
Carrying value $ 931,146 $ 1,216,697
Weighted average haircut (percent) 19.75% 17.65%
Non-mark-to-market financing secured by residential whole loans | Held at Fair Value | Asset Pledged as Collateral with Right    
Assets Sold under Agreements to Repurchase [Line Items]    
Fair value of securities pledged as collateral under financing agreements $ 1,165,089 $ 1,510,146
Non-mark-to-market financing secured by real estate owned | Held at Fair Value    
Assets Sold under Agreements to Repurchase [Line Items]    
Carrying value $ 0 $ 0
Weighted average haircut (percent) 0.00% 0.00%
Non-mark-to-market financing secured by real estate owned | Held at Fair Value | Asset Pledged as Collateral with Right    
Assets Sold under Agreements to Repurchase [Line Items]    
Fair value of securities pledged as collateral under financing agreements $ 0 $ 0
Non-Agency MBS | Agreements with mark-to-market collateral provisions    
Assets Sold under Agreements to Repurchase [Line Items]    
Carrying value 381,100 327,200
Fair value of securities pledged as collateral under financing agreements $ 505,200 $ 465,600