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Investment Securities Available For Sale, at Fair Value - Realized Gain or Loss Activity (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]      
Sales Proceeds $ 1,820,194 $ 97,951 $ 26,899
Realized Gains 19,679 21,971 88
Realized Losses (81,208) (156) (12,358)
Net Realized Gains (Losses) (61,529) 21,815 (12,270)
Agency RMBS:      
Debt Securities, Available-for-sale [Line Items]      
Sales Proceeds 992,966    
Realized Gains 5,402    
Realized Losses (15,854)    
Net Realized Gains (Losses) (10,452)    
Agency RMBS: | Agency ARMs      
Debt Securities, Available-for-sale [Line Items]      
Sales Proceeds 49,892    
Realized Gains 44    
Realized Losses (4,157)    
Net Realized Gains (Losses) (4,113)    
Agency RMBS: | Agency Fixed Rate      
Debt Securities, Available-for-sale [Line Items]      
Sales Proceeds 943,074    
Realized Gains 5,358    
Realized Losses (11,697)    
Net Realized Gains (Losses) (6,339)    
Agency CMBS      
Debt Securities, Available-for-sale [Line Items]      
Sales Proceeds 145,411    
Realized Gains 5,666    
Realized Losses (209)    
Net Realized Gains (Losses) 5,457    
Total Agency      
Debt Securities, Available-for-sale [Line Items]      
Sales Proceeds 1,138,377    
Realized Gains 11,068    
Realized Losses (16,063)    
Net Realized Gains (Losses) (4,995)    
Non-Agency RMBS      
Debt Securities, Available-for-sale [Line Items]      
Sales Proceeds 433,076 1,021  
Realized Gains 435 33  
Realized Losses (34,856) 0  
Net Realized Gains (Losses) (34,421) 33  
Non-Agency RMBS | Non Agency RMBS Held In Securitization Trust      
Debt Securities, Available-for-sale [Line Items]      
Sales Proceeds 67,600    
Net Realized Gains (Losses) 200    
CMBS      
Debt Securities, Available-for-sale [Line Items]      
Sales Proceeds 248,741 96,930  
Realized Gains 8,176 21,938  
Realized Losses (30,289) (156)  
Net Realized Gains (Losses) $ (22,113) $ 21,782  
Agency IOs      
Debt Securities, Available-for-sale [Line Items]      
Sales Proceeds     26,899
Realized Gains     88
Realized Losses     (12,358)
Net Realized Gains (Losses)     $ (12,270)