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Repurchase Agreements - Narrative (Details)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2019
USD ($)
counterparty
Dec. 31, 2018
USD ($)
counterparty
Sep. 30, 2018
USD ($)
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Average days to maturity 71 days 62 days  
Interest payable $ 7,100 $ 3,900  
Advance rate 86.10%    
Average haircut 13.90%    
Repurchase agreements, number of counterparties | counterparty 14 11  
Cash and cash equivalents $ 65,906 $ 103,724 $ 57,471
Unencumbered investment securities $ 637,000    
Liquidation proceeds, percentage 38.50%    
Distressed residential mortgage loans      
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Deferred finance costs, gross $ 400 $ 1,200  
Lender Concentration Risk | Stockholders' Equity      
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Average haircut   5.00%  
Concentration risk, percentage   5.04%  
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 26.00%    
Unencumbered investment securities $ 333,500    
CMBS      
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Average haircut 20.00%    
Unencumbered investment securities $ 187,300    
Residential Mortgage Backed Securities      
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Unencumbered investment securities 67,900    
ABS      
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Unencumbered investment securities 48,300    
Loans      
Financial Instruments Owned and Pledged as Collateral [Line Items]      
Repurchase agreement, amount outstanding $ 1,800,000 $ 1,500,000  
Weighted average interest rate 3.06% 3.41%