Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVES - Schedule of Derivatives - Gain (Losses) (Details)

v3.4.0.3
DERIVATIVES - Schedule of Derivatives - Gain (Losses) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Derivative [Line Items]    
Unrealized gain (loss) on derivative instruments [1] $ (22,303) $ (7,030)
Gain (loss) on settlement of derivatives (32,633) (22,590)
Total gains (losses) (54,936) (29,620)
TBAs [Member]    
Derivative [Line Items]    
Unrealized gain (loss) on derivative instruments [1] (5,531) (3,554)
Gain (loss) on settlement of derivatives (28,171) (16,033)
Interest Rate Swap [Member]    
Derivative [Line Items]    
Unrealized gain (loss) on derivative instruments [1] (15,821) (3,352)
Gain (loss) on settlement of derivatives (3,338) (6,557)
Interest Rate Caps [Member]    
Derivative [Line Items]    
Unrealized gain (loss) on derivative instruments [1] (951) (124)
Gain (loss) on settlement of derivatives $ (1,124) $ 0
[1] Represents unrealized gains (losses).