Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.20.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
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
Stockholders' equity, adjusted balance
Accumulated Other Comprehensive Income (Loss)
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, 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) (25,935)                     (25,935)        
Other comprehensive income (loss) before reclassifications, net of tax 327,840                 327,840            
Amounts reclassified from accumulated other comprehensive income (loss), net of tax (28,312)                 (28,312)            
Other comprehensive income (loss), net of tax 356,152                 356,152            
Issuance of stock, net of offering costs 335,278         243   335,035                
Preferred dividends declared (18,950)                           (18,950)  
Common dividends declared (128,229)                           (128,229)  
Non-cash equity award compensation 1,861         4   1,857                
Stockholders' equity at end of period at Mar. 31, 2019 4,774,224     977,501   2,728   5,146,508   466,969   2,305,994     (4,125,476)  
Stockholders' equity at beginning 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)
Other comprehensive income (loss), net of tax 637,537                              
Repurchase of common stock (19)                              
Stockholders' equity at end of period at Sep. 30, 2019 5,019,580     977,501   2,729   5,151,554   748,354   2,521,137     (4,381,695)  
Stockholders' equity at beginning of period at Mar. 31, 2019 4,774,224     977,501   2,728   5,146,508   466,969   2,305,994     (4,125,476)  
Net income (loss) (90,557)                     (90,557)        
Other comprehensive income (loss) before reclassifications, net of tax 296,637                 296,637            
Amounts reclassified from accumulated other comprehensive income (loss), net of tax (13,912)                 (13,912)            
Other comprehensive income (loss), net of tax 310,549                 310,549            
Issuance of stock, net of offering costs 171         0   171                
Preferred dividends declared (18,950)                           (18,950)  
Common dividends declared (109,160)                           (109,160)  
Non-cash equity award compensation 2,497         1   2,496                
Stockholders' equity at end of period at Jun. 30, 2019 4,868,774     977,501   2,729   5,149,175   777,518   2,215,437     (4,253,586)  
Net income (loss) 305,700                     305,700        
Other comprehensive income (loss) before reclassifications, net of tax 191,676                 191,676            
Amounts reclassified from accumulated other comprehensive income (loss), net of tax 220,840                 220,840            
Other comprehensive income (loss), net of tax (29,164)                 (29,164)            
Issuance of stock, net of offering costs 217         0   217                
Repurchase of common stock (19)         0   (19)                
Preferred dividends declared (18,951)                           (18,951)  
Common dividends declared (109,158)                           (109,158)  
Non-cash equity award compensation 2,181         0   2,181                
Stockholders' equity at end of period at Sep. 30, 2019 5,019,580     977,501   2,729   5,151,554   748,354   2,521,137     (4,381,695)  
Stockholders' equity at beginning 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) (1,869,656)                     (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 $ 0   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)