Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.24.0.1
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, 2020 $ 3,088,926     $ 977,501   $ 684   $ 5,165,847   $ 641,601 $ 1,025,756   $ (4,722,463)
Net income (loss) 187,227                   187,227    
Other comprehensive income (loss) before reclassifications (319,694)                 (319,694)      
Amounts reclassified from accumulated other comprehensive income (loss) 135,561                 (135,561)      
Other comprehensive income (loss) (455,255)                 (455,255)      
Redemption of preferred stock (274,951)     (274,951)                  
Issuance of stock, net of offering costs 450,602         175   450,427          
Preferred dividends declared (58,458)                       (58,458)
Common dividends declared (205,623)                       (205,623)
Non-cash equity award compensation 11,485         1   11,484          
Stockholders' equity at end of period at Dec. 31, 2021 2,743,953     702,550   860   5,627,758   186,346 1,212,983   (4,986,544)
Net income (loss) 220,239                   220,239    
Other comprehensive income (loss) before reclassifications (893,589)                 (893,589)      
Amounts reclassified from accumulated other comprehensive income (loss) (428,532)                 428,532      
Other comprehensive income (loss) (465,057)                 (465,057)      
Repurchase of stock   $ (51,402)     $ (71,551)             $ 20,149  
Issuance of stock, net of offering costs 6,614         3   6,611          
Preferred dividends declared (53,607)                       (53,607)
Common dividends declared (228,845)                       (228,845)
Non-cash equity award compensation 11,630         1   11,629          
Stockholders' equity at end 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) (106,371)                   (106,371)    
Other comprehensive income (loss) before reclassifications (38,584)                 (38,584)      
Amounts reclassified from accumulated other comprehensive income (loss) (140,866)                 140,866      
Other comprehensive income (loss) 102,282                 102,282      
Repurchase of stock   $ (14,813) $ (7,056)   $ (17,786)   $ (6)   $ (7,050)     $ 2,973  
Issuance of stock, net of offering costs 275,674         172   275,502          
Preferred dividends declared (48,607)                       (48,607)
Common dividends declared (192,220)                       (192,220)
Non-cash equity award compensation 10,976         2   10,974          
Stockholders' equity at end of period at Dec. 31, 2023 $ 2,203,390     $ 613,213   $ 1,032   $ 5,925,424   $ (176,429) $ 1,349,973   $ (5,509,823)