Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.21.2
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, 2019 $ 4,970,466 $ 977,501 $ 2,729 $ 5,154,764 $ 689,400 $ 2,655,891 $ (4,509,819)
Net income (loss) (1,869,656)         (1,869,656)  
Other comprehensive income (loss) before reclassifications, net of tax 234,926       234,926    
Amounts reclassified from accumulated other comprehensive income (loss), net of tax (432,996)       (432,996)    
Other comprehensive income (loss), net of tax (198,070)       (198,070)    
Issuance of stock, net of offering costs 142   0 142      
Repurchase of common stock (1,064)   (1) (1,063)      
Non-cash equity award compensation 2,315   7 2,308      
Stockholders' equity at end of period at Mar. 31, 2020 2,904,133 977,501 2,735 5,156,151 491,330 786,235 (4,509,819)
Stockholders' equity at beginning of period at Dec. 31, 2019 4,970,466 977,501 2,729 5,154,764 689,400 2,655,891 (4,509,819)
Other comprehensive income (loss), net of tax 30,940            
Repurchase of common stock (1,100)            
Stockholders' equity at end of period at Sep. 30, 2020 3,019,672 977,501 2,737 5,161,491 720,340 814,585 (4,656,982)
Stockholders' equity at beginning of period at Mar. 31, 2020 2,904,133 977,501 2,735 5,156,151 491,330 786,235 (4,509,819)
Net income (loss) (173,564)         (173,564)  
Other comprehensive income (loss) before reclassifications, net of tax 231,099       231,099    
Amounts reclassified from accumulated other comprehensive income (loss), net of tax (38,305)       (38,305)    
Other comprehensive income (loss), net of tax 192,794       192,794    
Issuance of stock, net of offering costs 95   0 95      
Preferred dividends declared (37,901)           (37,901)
Common dividends declared (51,936)           (51,936)
Non-cash equity award compensation 2,315   2 2,313      
Stockholders' equity at end of period at Jun. 30, 2020 2,835,936 977,501 2,737 5,158,559 684,124 612,671 (4,599,656)
Net income (loss) 201,914         201,914  
Other comprehensive income (loss) before reclassifications, net of tax 36,216       36,216    
Amounts reclassified from accumulated other comprehensive income (loss), net of tax 0       0    
Other comprehensive income (loss), net of tax 36,216       36,216    
Issuance of stock, net of offering costs 75   0 75      
Repurchase of common stock 0            
Preferred dividends declared (18,950)           (18,950)
Common dividends declared (38,376)           (38,376)
Non-cash equity award compensation 2,857   0 2,857      
Stockholders' equity at end of period at Sep. 30, 2020 3,019,672 977,501 2,737 5,161,491 720,340 814,585 (4,656,982)
Stockholders' equity at beginning of period at Dec. 31, 2020 3,088,926 977,501 2,737 5,163,794 641,601 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 2,737 5,165,683 370,148 1,265,913 (4,786,315)
Stockholders' equity at beginning of period at Dec. 31, 2020 3,088,926 977,501 2,737 5,163,794 641,601 1,025,756 (4,722,463)
Other comprehensive income (loss), net of tax (341,702)            
Repurchase of common stock 0            
Stockholders' equity at end of period at Sep. 30, 2021 2,734,888 702,550 3,139 5,429,155 299,899 1,214,277 (4,914,132)
Stockholders' equity at beginning of period at Mar. 31, 2021 2,720,716 702,550 2,737 5,165,683 370,148 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 2,737 5,170,387 307,249 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   400 256,211      
Repurchase of common stock 0            
Preferred dividends declared (13,748)           (13,748)
Common dividends declared (53,563)           (53,563)
Non-cash equity award compensation 2,559   2 2,557      
Stockholders' equity at end of period at Sep. 30, 2021 $ 2,734,888 $ 702,550 $ 3,139 $ 5,429,155 $ 299,899 $ 1,214,277 $ (4,914,132)