Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.24.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Preferred Stock
Preferred Stock
Preferred Stock
Common Stock
Common Stock
Common Stock
Additional Paid-in Capital
Additional Paid-in Capital
Common Stock
Accumulated Other Comprehensive Income (Loss)
Cumulative Earnings
Cumulative Earnings
Preferred Stock
Cumulative Distributions to Stockholders
Stockholders' equity at beginning of period at Dec. 31, 2022 $ 2,183,525     $ 630,999   $ 864   $ 5,645,998   $ (278,711) $ 1,453,371   $ (5,268,996)
Net income (loss) (176,808)                   (176,808)    
Other comprehensive income (loss) before reclassifications 62,709                 62,709      
Amounts reclassified from accumulated other comprehensive income (loss) 63,222                 63,222      
Other comprehensive income (loss) 125,931                 125,931      
Issuance of stock, net of offering costs 177,729         102   177,627          
Preferred dividends declared (12,365)                       (12,365)
Common dividends declared (58,381)                       (58,381)
Non-cash equity award compensation 6,052         1   6,051          
Stockholders' equity at end of period at Mar. 31, 2023 2,245,683     630,999   967   5,829,676   (152,780) 1,276,563   (5,339,742)
Stockholders' equity at beginning of period at Dec. 31, 2022 2,183,525     630,999   864   5,645,998   (278,711) 1,453,371   (5,268,996)
Other comprehensive income (loss) (30,375)                        
Stockholders' equity at end of period at Jun. 30, 2023 2,216,009     618,579   962   5,824,509   (309,086) 1,476,462   (5,395,417)
Stockholders' equity at beginning of period at Mar. 31, 2023 2,245,683     630,999   967   5,829,676   (152,780) 1,276,563   (5,339,742)
Net income (loss) 197,445                   197,445    
Other comprehensive income (loss) before reclassifications (156,306)                 (156,306)      
Amounts reclassified from accumulated other comprehensive income (loss) 0                 0      
Other comprehensive income (loss) (156,306)                 (156,306)      
Repurchase of stock   $ (9,966) $ (7,056)   $ (12,420)   $ (6)   $ (7,050)     $ 2,454  
Issuance of stock, net of offering costs 149         0   149          
Preferred dividends declared (12,115)                       (12,115)
Common dividends declared (43,560)                       (43,560)
Non-cash equity award compensation 1,735         1   1,734          
Stockholders' equity at end of period at Jun. 30, 2023 2,216,009     618,579   962   5,824,509   (309,086) 1,476,462   (5,395,417)
Stockholders' equity at beginning of period at Dec. 31, 2023 2,203,390     613,213   1,032   5,925,424   (176,429) 1,349,973   (5,509,823)
Net income (loss) 203,588                   203,588    
Other comprehensive income (loss) before reclassifications (109,658)                 (109,658)      
Amounts reclassified from accumulated other comprehensive income (loss) 6,580                 6,580      
Other comprehensive income (loss) (103,078)                 (103,078)      
Repurchase of stock   $ (11,102)     $ (11,746)             $ 644  
Issuance of stock, net of offering costs 54         0   54          
Preferred dividends declared (11,784)                       (11,784)
Common dividends declared (47,081)                       (47,081)
Non-cash equity award compensation 6,083         3   6,080          
Stockholders' equity at end of period at Mar. 31, 2024 2,240,070     601,467   1,035   5,931,558   (279,507) 1,554,205   (5,568,688)
Stockholders' equity at beginning of period at Dec. 31, 2023 2,203,390     613,213   1,032   5,925,424   (176,429) 1,349,973   (5,509,823)
Other comprehensive income (loss) (147,151)                        
Stockholders' equity at end of period at Jun. 30, 2024 2,195,297     601,467   1,036   5,933,250   (323,580) 1,610,541   (5,627,417)
Stockholders' equity at beginning of period at Mar. 31, 2024 2,240,070     601,467   1,035   5,931,558   (279,507) 1,554,205   (5,568,688)
Net income (loss) 56,336                   56,336    
Other comprehensive income (loss) before reclassifications (53,466)                 (53,466)      
Amounts reclassified from accumulated other comprehensive income (loss) 9,393                 9,393      
Other comprehensive income (loss) (44,073)                 (44,073)      
Issuance of stock, net of offering costs 50         0   50          
Preferred dividends declared (11,784)                       (11,784)
Common dividends declared (46,945)                       (46,945)
Non-cash equity award compensation 1,643         1   1,642          
Stockholders' equity at end of period at Jun. 30, 2024 $ 2,195,297     $ 601,467   $ 1,036   $ 5,933,250   $ (323,580) $ 1,610,541   $ (5,627,417)