Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Cumulative Earnings
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) 240,157         240,157  
Other comprehensive income (loss) before reclassifications, net of tax (202,888)       (202,888)    
Amounts reclassified from accumulated other comprehensive income (loss), net of tax (68,565)       (68,565)    
Other comprehensive income (loss), net of tax (271,453)       (271,453)    
Redemption of preferred stock (274,951) (274,951)          
Issuance of stock, net of offering costs 99   0 99      
Preferred dividends declared (17,216)           (17,216)
Common dividends declared (46,636)           (46,636)
Non-cash equity award compensation 1,790   0 1,790      
Stockholders' equity at end of period at Mar. 31, 2021 2,720,716 702,550 684 5,167,736 370,148 1,265,913 (4,786,315)
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)
Other comprehensive income (loss), net of tax (341,702)            
Stockholders' equity at end of period at Sep. 30, 2021 2,734,888 702,550 785 5,431,509 299,899 1,214,277 (4,914,132)
Stockholders' equity at beginning of period at Mar. 31, 2021 2,720,716 702,550 684 5,167,736 370,148 1,265,913 (4,786,315)
Net income (loss) (117,960)         (117,960)  
Other comprehensive income (loss) before reclassifications, net of tax (57,799)       (57,799)    
Amounts reclassified from accumulated other comprehensive income (loss), net of tax (5,100)       (5,100)    
Other comprehensive income (loss), net of tax (62,899)       (62,899)    
Issuance of stock, net of offering costs 93   0 93      
Preferred dividends declared (13,747)           (13,747)
Common dividends declared (46,759)           (46,759)
Non-cash equity award compensation 4,611   0 4,611      
Stockholders' equity at end of period at Jun. 30, 2021 2,484,055 702,550 684 5,172,440 307,249 1,147,953 (4,846,821)
Net income (loss) 66,324         66,324  
Other comprehensive income (loss) before reclassifications, net of tax 11,415       11,415    
Amounts reclassified from accumulated other comprehensive income (loss), net of tax (18,765)       (18,765)    
Other comprehensive income (loss), net of tax (7,350)       (7,350)    
Issuance of stock, net of offering costs 256,611   100 256,511      
Preferred dividends declared (13,748)           (13,748)
Common dividends declared (53,563)           (53,563)
Non-cash equity award compensation 2,559   1 2,558      
Stockholders' equity at end of period at Sep. 30, 2021 2,734,888 702,550 785 5,431,509 299,899 1,214,277 (4,914,132)
Stockholders' equity at beginning 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) 285,270         285,270  
Other comprehensive income (loss) before reclassifications, net of tax (323,490)       (323,490)    
Amounts reclassified from accumulated other comprehensive income (loss), net of tax (8,355)       (8,355)    
Other comprehensive income (loss), net of tax (331,845)       (331,845)    
Issuance of stock, net of offering costs 323   0 323      
Preferred dividends declared (13,747)           (13,747)
Common dividends declared (58,811)           (58,811)
Non-cash equity award compensation 4,161   0 4,161      
Stockholders' equity at end of period at Mar. 31, 2022 2,629,304 702,550 860 5,632,242 (145,499) 1,498,253 (5,059,102)
Stockholders' equity at beginning of period at Dec. 31, 2021 2,743,953 702,550 860 5,627,758 186,346 1,212,983 (4,986,544)
Other comprehensive income (loss), net of tax (887,729)            
Stockholders' equity at end of period at Sep. 30, 2022 2,144,477 702,550 864 5,643,493 (701,383) 1,703,445 (5,204,492)
Stockholders' equity at beginning of period at Mar. 31, 2022 2,629,304 702,550 860 5,632,242 (145,499) 1,498,253 (5,059,102)
Net income (loss) (72,420)         (72,420)  
Other comprehensive income (loss) before reclassifications, net of tax (141,843)       (141,843)    
Amounts reclassified from accumulated other comprehensive income (loss), net of tax 137,632       137,632    
Other comprehensive income (loss), net of tax (4,211)       (4,211)    
Issuance of stock, net of offering costs 82   0 82      
Preferred dividends declared (13,748)           (13,748)
Common dividends declared (58,844)           (58,844)
Non-cash equity award compensation 3,461   1 3,460      
Stockholders' equity at end of period at Jun. 30, 2022 2,483,624 702,550 861 5,635,784 (149,710) 1,425,833 (5,131,694)
Net income (loss) 277,612         277,612  
Other comprehensive income (loss) before reclassifications, net of tax (534,923)       (534,923)    
Amounts reclassified from accumulated other comprehensive income (loss), net of tax (16,750)       (16,750)    
Other comprehensive income (loss), net of tax (551,673)       (551,673)    
Issuance of stock, net of offering costs 5,357   3 5,354      
Preferred dividends declared (13,747)           (13,747)
Common dividends declared (59,051)           (59,051)
Non-cash equity award compensation 2,355   0 2,355      
Stockholders' equity at end of period at Sep. 30, 2022 $ 2,144,477 $ 702,550 $ 864 $ 5,643,493 $ (701,383) $ 1,703,445 $ (5,204,492)