Stockholders' Equity (Tables)
|
12 Months Ended |
Dec. 31, 2015 |
|---|
| Stockholders' Equity Note [Abstract] |
|
| Schedule of Common Stock Outstanding Roll Forward [Table Text Block] |
The following table presents a reconciliation of the common shares outstanding from December 31, 2012 through December 31, 2015:
|
|
|
|
|
Number of common shares |
Common shares outstanding, December 31, 2012 |
298,813,258 |
|
Issuance of common stock |
67,511,609 |
|
Issuance of restricted stock (1)
|
1,061,001 |
|
Repurchase of common stock |
(2,450,700 |
) |
Common shares outstanding, December 31, 2013 |
364,935,168 |
|
Issuance of common stock |
57,218 |
|
Issuance of restricted stock (1)
|
1,403,534 |
|
Common shares outstanding, December 31, 2014 |
366,395,920 |
|
Issuance of common stock |
69,826 |
|
Issuance of restricted stock (1)
|
1,105,361 |
|
Repurchase of common stock |
(13,664,300 |
) |
Common shares outstanding, December 31, 2015 |
353,906,807 |
|
____________________
|
|
(1) |
Represents shares of restricted stock granted under the Second Restated 2009 Equity Incentive Plan, of which 2,290,609 restricted shares remained subject to vesting requirements at December 31, 2015.
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|
| Dividends Declared [Table Text Block] |
The following table presents cash dividends declared by the Company on its common stock for the years ended December 31, 2015, 2014 and 2013:
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|
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|
|
|
|
|
|
Declaration Date |
|
Record Date |
|
Payment Date |
|
Cash Dividend Per Share |
December 16, 2015 |
|
December 30, 2015 |
|
January 20, 2016 |
|
$ |
0.26 |
|
September 16, 2015 |
|
September 30, 2015 |
|
October 22, 2015 |
|
$ |
0.26 |
|
June 17, 2015 |
|
June 30, 2015 |
|
July 21, 2015 |
|
$ |
0.26 |
|
March 18, 2015 |
|
March 31, 2015 |
|
April 21, 2015 |
|
$ |
0.26 |
|
December 16, 2014 |
|
December 30, 2014 |
|
January 20, 2015 |
|
$ |
0.26 |
|
September 16, 2014 |
|
September 30, 2014 |
|
October 21, 2014 |
|
$ |
0.26 |
|
June 17, 2014 |
|
July 2, 2014 |
|
July 22, 2014 |
|
$ |
0.26 |
|
March 17, 2014 |
|
March 31, 2014 |
|
April 21, 2014 |
|
$ |
0.26 |
|
December 17, 2013 |
|
December 27, 2013 |
|
December 31, 2013 |
|
$ |
0.26 |
|
September 11, 2013 |
|
September 26, 2013 |
|
October 23, 2013 |
|
$ |
0.28 |
|
June 18, 2013 |
|
June 28, 2013 |
|
July 23, 2013 |
|
$ |
0.31 |
|
March 18, 2013 |
|
April 2, 2013 |
|
April 24, 2013 |
|
$ |
0.32 |
|
|
| Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] |
Accumulated other comprehensive income at December 31, 2015 and December 31, 2014 was as follows:
|
|
|
|
|
|
|
|
|
(in thousands) |
December 31,
2015 |
|
December 31,
2014 |
Available-for-sale securities, at fair value |
|
|
|
Unrealized gains |
$ |
405,177 |
|
|
$ |
891,820 |
|
Unrealized losses |
(46,116 |
) |
|
(36,031 |
) |
Accumulated other comprehensive income |
$ |
359,061 |
|
|
$ |
855,789 |
|
|
| Reclassification out of Accumulated Other Comprehensive Income [Table Text Block] |
The following table summarizes reclassifications out of accumulated other comprehensive income for the years ended December 31, 2015, 2014 and 2013:
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|
Affected Line Item in the Consolidated Statements of Comprehensive (Loss) Income |
|
Amount Reclassified out of Accumulated Other Comprehensive Income |
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|
|
|
Year Ended |
(in thousands) |
|
|
|
December 31, |
|
|
|
|
2015 |
|
2014 |
|
2013 |
Other-than-temporary-impairments on AFS securities |
|
Total other-than-temporary impairment losses |
|
$ |
535 |
|
|
$ |
392 |
|
|
$ |
1,662 |
|
Realized (gains) losses on sales of certain AFS securities, net of tax |
|
Gain (loss) on investment securities |
|
(336,230 |
) |
|
(52,931 |
) |
|
44,780 |
|
Total |
|
|
|
$ |
(335,695 |
) |
|
$ |
(52,539 |
) |
|
$ |
46,442 |
|
|