Derivative Instruments and Hedging Activities Put and Call Options for TBAs (Details) (USD $)
In Thousands, unless otherwise specified |
Dec. 31, 2014
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Dec. 31, 2013
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Dec. 31, 2012
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Derivative [Line Items] | |||
Derivative, Notional Amount | $ 48,115,523invest_DerivativeNotionalAmount | $ 37,366,610invest_DerivativeNotionalAmount | $ 22,377,656invest_DerivativeNotionalAmount |
Derivative Financial Instruments, Assets [Member] | |||
Derivative [Line Items] | |||
Derivative, Notional Amount |
36,315,523invest_DerivativeNotionalAmount / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsAssetsMember |
30,383,908invest_DerivativeNotionalAmount / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsAssetsMember |
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Derivative, Fair Value, Net |
380,791us-gaap_DerivativeFairValueOfDerivativeNet / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsAssetsMember |
549,859us-gaap_DerivativeFairValueOfDerivativeNet / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsAssetsMember |
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Options Held [Member] | |||
Derivative [Line Items] | |||
Derivative, Notional Amount |
2,000,000invest_DerivativeNotionalAmount / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_OptionMember |
0invest_DerivativeNotionalAmount / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_OptionMember |
0invest_DerivativeNotionalAmount / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_OptionMember |
Options Held [Member] | Derivative Financial Instruments, Assets [Member] | |||
Derivative [Line Items] | |||
Derivative, Notional Amount |
2,000,000invest_DerivativeNotionalAmount / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsAssetsMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_OptionMember |
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Derivative, Fair Value, Net |
90us-gaap_DerivativeFairValueOfDerivativeNet / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsAssetsMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_OptionMember |
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Interest Rate Risk Associated with the Investment Portfolio [Member] | Options Held [Member] | Long [Member] | |||
Derivative [Line Items] | |||
Derivative, Notional Amount |
2,000,000invest_DerivativeNotionalAmount / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_OptionMember / us-gaap_PositionAxis = us-gaap_LongMember / two_RiskTypeAxis = two_InterestRateRiskAssociatedwiththeInvestmentPortfolioMember |
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Derivative, Cost |
(605)two_DerivativeCost / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_OptionMember / us-gaap_PositionAxis = us-gaap_LongMember / two_RiskTypeAxis = two_InterestRateRiskAssociatedwiththeInvestmentPortfolioMember |
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Interest Rate Risk Associated with the Investment Portfolio [Member] | Options Held [Member] | Derivative Financial Instruments, Assets [Member] | |||
Derivative [Line Items] | |||
Derivative, Fair Value, Net |
$ 90us-gaap_DerivativeFairValueOfDerivativeNet / us-gaap_BalanceSheetLocationAxis = us-gaap_DerivativeFinancialInstrumentsAssetsMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_OptionMember / two_RiskTypeAxis = two_InterestRateRiskAssociatedwiththeInvestmentPortfolioMember |
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- Definition
Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cost (or upfront payable/receivable) as of the balance sheet date of the derivative or group of derivatives. No definition available.
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- Definition
Fair value of the assets less the liabilities of a derivative or group of derivatives. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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