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Stockholders' Equity (Tables) | 12 Months Ended
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Dec. 31, 2019
Stockholders' Equity Note [Abstract] |
Schedule of cash dividends declared on Series B preferred stock | The following table presents cash dividends declared by the Company on its Series B Preferred Stock from January 1, 2017 through December 31, 2019:
Year |  | Declaration Date |  | Record Date |  | Payment Date |  | Dividend Per Share
2019 |  | November 15, 2019 |  | December 2, 2019 |  | December 31, 2019 |  | $0.46875
|  | August 9, 2019 |  | August 30, 2019 |  | September 30, 2019 |  | 0.46875
|  | May 20, 2019 |  | June 3, 2019 |  | June 28, 2019 |  | 0.46875
|  | February 15, 2019 |  | March 4, 2019 |  | March 29, 2019 |  | 0.46875
2018 |  | November 26, 2018 |  | December 7, 2018 |  | December 28, 2018 |  | $0.46875
|  | August 20, 2018 |  | September 7, 2018 |  | September 28, 2018 |  | 0.46875
|  | May 17, 2018 |  | June 4, 2018 |  | June 29, 2018 |  | 0.46875
|  | February 20, 2018 |  | March 2, 2018 |  | March 30, 2018 |  | 0.46875
2017 |  | November 17, 2017 |  | December 1, 2017 |  | December 29, 2017 |  | $0.46875
|  | August 10, 2017 |  | September 1, 2017 |  | September 29, 2017 |  | 0.46875
|  | May 16, 2017 |  | June 2, 2017 |  | June 30, 2017 |  | 0.46875
|  | February 17, 2017 |  | March 6, 2017 |  | March 31, 2017 |  | 0.46875
Schedule of cash dividends declared on common stock | The following table presents cash dividends declared by the Company on its common stock from January 1, 2017 through December 31, 2019:
Year |  | Declaration Date |  | Record Date |  | Payment Date |  | Dividend Per Share |
2019 |  | December 12, 2019 |  | December 30, 2019 |  | January 31, 2020 |  | $0.20 | (1)
|  | September 12, 2019 |  | September 30, 2019 |  | October 31, 2019 |  | 0.20 |
|  | June 12, 2019 |  | July 1, 2019 |  | July 31, 2019 |  | 0.20 |
|  | March 6, 2019 |  | March 29, 2019 |  | April 30, 2019 |  | 0.20 |
2018 |  | December 12, 2018 |  | December 28, 2018 |  | January 31, 2019 |  | $0.20 |
|  | September 13, 2018 |  | October 1, 2018 |  | October 31, 2018 |  | 0.20 |
|  | June 7, 2018 |  | June 29, 2018 |  | July 31, 2018 |  | 0.20 |
|  | March 7, 2018 |  | March 29, 2018 |  | April 30, 2018 |  | 0.20 |
2017 |  | December 13, 2017 |  | December 28, 2017 |  | January 31, 2018 |  | $0.20 |
|  | September 14, 2017 |  | September 28, 2017 |  | October 31, 2017 |  | 0.20 |
|  | June 12, 2017 |  | June 29, 2017 |  | July 28, 2017 |  | 0.20 |
|  | March 8, 2017 |  | March 29, 2017 |  | April 28, 2017 |  | 0.20 |
(1) At December 31, 2019, the Company had accrued dividends and dividend equivalents payable of $90.7 million related to the common stock dividend declared on December 12, 2019.
Public Offering of Common Stock | The table below presents information with respect to shares of the Company’s common stock issued through public offerings during the year ended December 31, 2018.
Share Issue Date |  | Shares Issued |  | Gross Proceeds Per Share |  | Gross Proceeds |
(In Thousands, Except Per Share Amounts) |  |  |  |  |  |  |
August 7, 2018 |  | 50,875 |  | (1 | ) | $ | 7.78 |  |  | $ | 395,807 |  | (1)
(1) Includes approximately 875,000 shares issued on September 5, 2018 pursuant to the exercise of the underwriters’ option to purchase additional shares. The Company incurred approximately $6.4 million of underwriting discounts and related expenses in connection with this equity offering.
Schedule of changes in balances in each component of the entity's AOCI | The following table presents changes in the balances of each component of the Company’s AOCI for the years ended December 31, 2019, 2018 and 2017:
|  | For the Year Ended December 31,
|  | 2019 |  | 2018 |  | 2017
(In Thousands) |  | Net Unrealized Gain/(Loss) on AFS Securities |  | Net Gain/(Loss) on Swaps |  | Total AOCI |  | Net Unrealized Gain/(Loss) on AFS Securities |  | Net Gain/(Loss) on Swaps |  | Total AOCI |  | Net Unrealized Gain/(Loss) on AFS Securities |  | Net Gain/(Loss) on Swaps |  | Total AOCI
Balance at beginning of period |  | $ | 417,167 |  |  | $ | 3,121 |  |  | $ | 420,288 |  |  | $ | 620,648 |  |  | $ | (11,424 | ) |  | $ | 609,224 |  |  | $ | 620,403 |  |  | $ | (46,721 | ) |  | $ | 573,682 |
OCI before reclassifications |  | 20,335 |  |  | (23,342 | ) |  | (3,007 | ) |  | (150,642 | ) |  | 14,545 |  |  | (136,097 | ) |  | 39,984 |  |  | 35,297 |  |  | 75,281 |
Amounts reclassified from AOCI (1) |  | (44,780 | ) |  | (2,454 | ) |  | (47,234 | ) |  | (52,839 | ) |  | — |  |  | (52,839 | ) |  | (39,739 | ) |  | — |  |  | (39,739 | )
Net OCI during period (2) |  | (24,445 | ) |  | (25,796 | ) |  | (50,241 | ) |  | (203,481 | ) |  | 14,545 |  |  | (188,936 | ) |  | 245 |  |  | 35,297 |  |  | 35,542 |
Balance at end of period |  | $ | 392,722 |  |  | $ | (22,675 | ) |  | $ | 370,047 |  |  | $ | 417,167 |  |  | $ | 3,121 |  |  | $ | 420,288 |  |  | $ | 620,648 |  |  | $ | (11,424 | ) |  | $ | 609,224 |
(1) See separate table below for details about these reclassifications. (2) For further information regarding changes in OCI, see the Company’s consolidated statements of comprehensive income/(loss).
Information about the significant amounts reclassified out of the entity's AOCI | The following table presents information about the significant amounts reclassified out of the Company’s AOCI for the years ended December 31, 2019, 2018, and 2017:
|  | For the Year Ended December 31, |  |
|  | 2019 |  | 2018 |  | 2017 |  |
Details about AOCI Components |  | Amounts Reclassified from AOCI |  | Affected Line Item in the Statement Where Net Income is Presented
(In Thousands) |  |  |  |  |  |  |  |
AFS Securities: |  |  |  |  |  |  |  |
Realized gain on sale of securities |  | $ | (44,600 | ) |  | $ | (51,580 | ) |  | $ | (38,707 | ) |  | Net realized gain on sales of residential mortgage securities
OTTI recognized in earnings |  | (180 | ) |  | (1,259 | ) |  | (1,032 | ) |  | Other, net
Total AFS Securities |  | $ | (44,780 | ) |  | $ | (52,839 | ) |  | $ | (39,739 | ) |  |
Swaps designated as cash flow hedges: |  |  |  |  |  |  |  |
Amortization of de-designated hedging instruments |  | (2,454 | ) |  | — |  |  | — |  |  | Other, net
Total Swaps designated as cash flow hedges |  | $ | (2,454 | ) |  | $ | — |  |  | $ | — |  |  |
Total reclassifications for period |  | $ | (47,234 | ) |  | $ | (52,839 | ) |  | $ | (39,739 | ) |  |

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