v3.25.4
Derivative Instruments, Offsetting Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Offsetting Derivative Assets [Abstract]    
Gross amounts of recognized assets $ 49,696 $ 32,426
Gross amounts offset in the consolidated balance sheet 34,939 2,378
Net amounts of assets presented in the consolidated balance sheet 14,757 30,048
Gross amounts not offset in the consolidated balance sheet in financial instruments 1,199 25,085
Gross amounts not offset in the consolidated balance sheet in cash collateral received/pledged 1,368 [1] 4,963
Net amount 12,190 0
Interest Rate Swaps [Member]    
Offsetting Derivative Assets [Abstract]    
Gross amounts of recognized assets 47,642 17,244
Gross amounts offset in the consolidated balance sheet 34,289 0
Net amounts of assets presented in the consolidated balance sheet 13,353 17,244
Gross amounts not offset in the consolidated balance sheet in financial instruments 1,199 17,244
Gross amounts not offset in the consolidated balance sheet in cash collateral received/pledged [1] 0 0
Net amount 12,154 0
TBAs [Member]    
Offsetting Derivative Assets [Abstract]    
Gross amounts of recognized assets 650 11,508
Gross amounts offset in the consolidated balance sheet 650 1,074
Net amounts of assets presented in the consolidated balance sheet 0 10,434
Gross amounts not offset in the consolidated balance sheet in financial instruments 0 1,125
Gross amounts not offset in the consolidated balance sheet in cash collateral received/pledged [1] 0 9,309
Net amount 0 0
U.S. Treasury Futures [Member]    
Offsetting Derivative Assets [Abstract]    
Gross amounts of recognized assets 1,368 3,641
Gross amounts offset in the consolidated balance sheet 0 1,304
Net amounts of assets presented in the consolidated balance sheet 1,368 2,337
Gross amounts not offset in the consolidated balance sheet in financial instruments 0 6,683
Gross amounts not offset in the consolidated balance sheet in cash collateral received/pledged [1] 1,368 (4,346)
Net amount 0 0
U.S. Treasury Futures Options [Member]    
Offsetting Derivative Assets [Abstract]    
Gross amounts of recognized assets   33
Gross amounts offset in the consolidated balance sheet   0
Net amounts of assets presented in the consolidated balance sheet   33
Gross amounts not offset in the consolidated balance sheet in financial instruments   33
Gross amounts not offset in the consolidated balance sheet in cash collateral received/pledged   0
Net amount   $ 0
ERIS SOFR Swap Futures [Member]    
Offsetting Derivative Assets [Abstract]    
Gross amounts of recognized assets 36  
Gross amounts offset in the consolidated balance sheet 0  
Net amounts of assets presented in the consolidated balance sheet 36  
Gross amounts not offset in the consolidated balance sheet in financial instruments 0  
Gross amounts not offset in the consolidated balance sheet in cash collateral received/pledged [1] 0  
Net amount $ 36  
[1] Includes cash pledged / received as collateral. Amounts presented are limited to collateral pledged sufficient to reduce the net amount to zero for individual counterparties, as applicable. Excess cash collateral or financial assets that are pledged to counterparties may exceed the financial liabilities subject to a master netting arrangement or similar agreement, or counterparties may have pledged excess cash collateral to the Company that exceed the corresponding financial assets. These excess amounts are excluded from the table above, although separately reported within restricted cash or accrued expenses and other liabilities in the Company’s consolidated balance sheets.