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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net income $ 95,599 $ 87,132 $ 277,496 $ 240,922
Other Comprehensive Income/(Loss):        
Reclassification adjustment for MBS sales included in net income (14,499) (9,455) (36,370) (25,580)
Derivative hedging instrument fair value changes, net (233) 5,390 (30,384) 32,974
Amortization of de-designated hedging instruments, net (685) 0 (1,769) 0
Other Comprehensive Income/(Loss) (9,934) (38,343) (18,438) (82,856)
Comprehensive income before preferred stock dividends 85,665 48,789 259,058 158,066
Dividends declared on preferred stock (3,750) (3,750) (11,250) (11,250)
Comprehensive Income Available to Common Stock and Participating Securities 81,915 45,039 247,808 146,816
Agency MBS        
Other Comprehensive Income/(Loss):        
Unrealized (loss)/gain, net 603 (9,177) 22,483 (27,507)
Non-Agency MBS, CRT Securities and MSR Term Notes [Member]        
Other Comprehensive Income/(Loss):        
Unrealized (loss)/gain, net $ 4,880 $ (25,101) $ 27,602 $ (62,743)