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Repurchase Agreements - Narrative (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2019
USD ($)
counterparty
Dec. 31, 2018
USD ($)
counterparty
Mar. 31, 2018
USD ($)
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Average days to maturity 68 days 62 days  
Interest payable $ 5,300 $ 3,900  
Advance rate 86.90%    
Average haircut 13.10%    
Repurchase agreements, number of counterparties | counterparty 13 11  
Cash and cash equivalents $ 65,359 $ 103,724 $ 65,495
Unencumbered investment securities $ 410,400    
Liquidation proceeds, percentage 28.80%    
Lender Concentration Risk | Stockholders' Equity      
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Average haircut   5.00%  
Concentration risk, percentage   5.04%  
CMBS      
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Average haircut 22.00%    
Unencumbered investment securities $ 205,900    
Agency RMBS      
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Average haircut 5.00%    
Non-Agency RMBS      
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Average haircut 25.00%    
Unencumbered investment securities $ 128,200    
Residential Mortgage Backed Securities      
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Unencumbered investment securities 76,200    
Loans      
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Repurchase agreement, amount outstanding $ 1,700,000 $ 1,500,000  
Weighted average interest rate 3.43% 3.41%  
Distressed residential mortgage loans      
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Deferred finance costs, gross $ 1,000 $ 1,200