Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.20.4
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Cumulative effect of adoption of new accounting principle
Stockholders' equity, adjusted balance
Preferred Stock
Preferred Stock
Stockholders' equity, adjusted balance
Common Stock
Common Stock
Stockholders' equity, adjusted balance
Additional Paid-in Capital
Additional Paid-in Capital
Cumulative effect of adoption of new accounting principle
Additional Paid-in Capital
Stockholders' equity, adjusted balance
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Cumulative effect of adoption of new accounting principle
Accumulated Other Comprehensive Income (Loss)
Stockholders' equity, adjusted balance
Cumulative Earnings
Cumulative Earnings
Cumulative effect of adoption of new accounting principle
Cumulative Earnings
Stockholders' equity, adjusted balance
Cumulative Distributions to Stockholders
Cumulative Distributions to Stockholders
Stockholders' equity, adjusted balance
Stockholders' equity at beginning of period at Dec. 31, 2017 $ 3,571,424     $ 9,918 $ 3,571,424 $ 702,537 $ 702,537 $ 1,745 $ 1,745 $ 3,672,003 $ 25 $ 3,672,028 $ 334,813 $ 9,918 $ 344,731 $ 2,386,604 $ (9,943) $ 2,376,661 $ (3,526,278) $ (3,526,278)
Net income (loss) (44,290)                             (44,290)        
Other comprehensive income (loss) before reclassifications, net of tax (488,253)                       (488,253)              
Amounts reclassified from accumulated other comprehensive income (loss), net of tax 254,339                       (254,339)              
Other comprehensive income (loss), net of tax (233,914)                       (233,914)              
Acquisition of CYS Investments, Inc. 1,400,064         274,950   726   1,124,388                    
Issuance of stock, net of offering costs 0 $ 14 $ 215     14       215                    
Repurchase of common stock 0                                      
Preferred dividends declared (65,395)                                   (65,395)  
Common dividends declared (386,624)                                   (386,624)  
Non-cash equity award compensation 12,995             10   12,985                    
Stockholders' equity at end of period at Dec. 31, 2018 4,254,489     442 $ 4,254,047 977,501 $ 977,501 2,481 $ 2,481 4,809,616   $ 4,809,616 110,817   $ 110,817 2,332,371 $ 442 $ 2,331,929 (3,978,297) $ (3,978,297)
Net income (loss) 323,962                             323,962        
Other comprehensive income (loss) before reclassifications, net of tax 796,346                       796,346              
Amounts reclassified from accumulated other comprehensive income (loss), net of tax (217,763)                       217,763              
Other comprehensive income (loss), net of tax 578,583                       578,583              
Issuance of stock, net of offering costs     336,253         244   336,009                    
Repurchase of common stock (19)                 (19)                    
Preferred dividends declared (75,801)                                   (75,801)  
Common dividends declared (455,721)                                   (455,721)  
Non-cash equity award compensation 9,162             4   9,158                    
Stockholders' equity at end of period at Dec. 31, 2019 4,970,466     $ 0   977,501   2,729   5,154,764     689,400     2,655,891     (4,509,819)  
Net income (loss) (1,630,135)                             (1,630,135)        
Other comprehensive income (loss) before reclassifications, net of tax 482,663                       482,663              
Amounts reclassified from accumulated other comprehensive income (loss), net of tax (530,462)                       530,462              
Other comprehensive income (loss), net of tax (47,799)                       (47,799)              
Issuance of stock, net of offering costs     $ 372         0   372                    
Repurchase of common stock (1,064)             (1)   (1,063)                    
Preferred dividends declared (75,802)                                   (75,802)  
Common dividends declared (136,842)                                   (136,842)  
Non-cash equity award compensation 9,730             9   9,721                    
Stockholders' equity at end of period at Dec. 31, 2020 $ 3,088,926         $ 977,501   $ 2,737   $ 5,163,794     $ 641,601     $ 1,025,756     $ (4,722,463)