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Stockholders' Equity (Tables) | 6 Months Ended
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Jun. 30, 2022
Stockholders' Equity Note [Abstract] |
Schedule of preferred stock dividend declaration and payment | The following table presents cash dividends declared by the Company on its Series B Preferred Stock from January 1, 2022 through June 30, 2022:
Declaration Date |  | Record Date |  | Payment Date |  | Dividend Per Share
May 18, 2022 |  | June 1, 2022 |  | June 30, 2022 |  | $0.46875
February 17, 2022 |  | March 1, 2022 |  | March 31, 2022 |  | $0.46875
The following table presents cash dividends declared by the Company on its Series C Preferred Stock from January 1, 2022 through June 30, 2022:
Declaration Date |  | Record Date |  | Payment Date |  | Dividend Per Share
May 18, 2022 |  | June 1, 2022 |  | June 30, 2022 |  | $0.40625
February 17, 2022 |  | March 1, 2022 |  | March 31, 2022 |  | $0.40625
Schedule of common stock dividend declaration and payment | The following table presents cash dividends declared by the Company on its common stock from January 1, 2022 through June 30, 2022:
Declaration Date |  | Record Date |  | Payment Date |  | Dividend Per Share |
June 15, 2022 |  | June 30, 2022 |  | July 29, 2022 |  | $0.440 | (1)
March 11, 2022 |  | March 22, 2022 |  | April 29, 2022 |  | $0.440 |
(1) At June 30, 2022, the Company had accrued dividends and dividend equivalents payable of $45.0 million related to the common stock dividend declared on June 15, 2022. The $0.44 per share dividend declared on March 11, 2022, has been adjusted to reflect the Company’s 1-for-4 reverse stock split effected on April 4, 2022; the amount actually paid in respect of such dividend was $0.11 per share, which was based on the pre-split number of shares held by stockholders at the record date for such dividend (March 22, 2022).
Schedule of changes in balances of 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 three and six months ended June 30, 2022:
|  | Three Months Ended June 30, 2022 |  | Six Months Ended June 30, 2022
(In Thousands) |  | Net Unrealized Gain/(Loss) on AFS Securities |  | Net Gain/(Loss) on Swaps |  | Net Unrealized Gain/(Loss) on Financing Agreements (1) |  | Total AOCI |  | Net Unrealized Gain/(Loss) on AFS Securities |  | Net Gain/(Loss) on Swaps |  | Net Unrealized Gain/(Loss) on Financing Agreements (1) |  | Total AOCI
Balance at beginning of period |  | $ | 41,856 |  |  | $ | — |  |  | $ | — |  |  | $ | 41,856 |  |  | $ | 46,833 |  |  | $ | — |  |  | $ | (1,255) |  |  | $ | 45,578 |
OCI before reclassifications |  | (4,937) |  |  | — |  |  | — |  |  | (4,937) |  |  | (9,914) |  |  | — |  |  | 1,255 |  |  | (8,659) |
Amounts reclassified from AOCI |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net OCI during the period (2) |  | (4,937) |  |  | — |  |  | — |  |  | (4,937) |  |  | (9,914) |  |  | — |  |  | 1,255 |  |  | (8,659) |
Balance at end of period |  | $ | 36,919 |  |  | $ | — |  |  | $ | — |  |  | $ | 36,919 |  |  | $ | 36,919 |  |  | $ | — |  |  | $ | — |  |  | $ | 36,919 |
(1)Net Unrealized Gain/(Loss) on Financing Agreements at Fair Value due to changes in instrument-specific credit risk. (2) For further information regarding changes in OCI, see the Company’s consolidated statements of comprehensive income/(loss). The following table presents changes in the balances of each component of the Company’s AOCI for the three and six months ended June 30, 2021:
|  | Three Months Ended June 30, 2021 |  | Six Months Ended June 30, 2021
(In Thousands) |  | Net Unrealized Gain/(Loss) on AFS Securities |  | Net Gain/(Loss) on Swaps |  | Net Unrealized Gain/(Loss) on Financing Agreements (1) |  | Total AOCI |  | Net Unrealized Gain/(Loss) on AFS Securities |  | Net Gain/(Loss) on Swaps |  | Net Unrealized Gain/(Loss) on Financing Agreements (1) |  | Total AOCI
Balance at beginning of period |  | $ | 75,752 |  |  | $ | — |  |  | $ | (2,079) |  |  | $ | 73,673 |  |  | $ | 79,607 |  |  | $ | — |  |  | $ | (2,314) |  |  | $ | 77,293 |
OCI before reclassifications |  | (9,589) |  |  | — |  |  | 491 |  |  | (9,098) |  |  | (13,444) |  |  | — |  |  | 726 |  |  | (12,718) |
Amounts reclassified from AOCI |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net OCI during the period (2) |  | (9,589) |  |  | — |  |  | 491 |  |  | (9,098) |  |  | (13,444) |  |  | — |  |  | 726 |  |  | (12,718) |
Balance at end of period |  | $ | 66,163 |  |  | $ | — |  |  | $ | (1,588) |  |  | $ | 64,575 |  |  | $ | 66,163 |  |  | $ | — |  |  | $ | (1,588) |  |  | $ | 64,575 |
(1) Net Unrealized Gain/(Loss) on Financing Agreements at Fair Value due to changes in instrument-specific credit risk. (2) For further information regarding changes in OCI, see the Company’s consolidated statements of comprehensive income/(loss).

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