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Stockholders' Equity (Tables) | 6 Months Ended
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Jun. 30, 2026
Stockholders' Equity Note [Abstract] |
Schedule of Cash Dividends on its Preferred Stock and Common Stock | The following table presents cash dividends declared by the Company on its Series B Preferred Stock from January 1, 2025 through June 30, 2026:
Declaration Date |  | Record Date |  | Payment Date |  | Annual Dividend Rate |  | Dividend Per Share
May 20, 2026 |  | June 4, 2026 |  | June 30, 2026 |  | 7.50% |  | $0.46875
February 19, 2026 |  | March 4, 2026 |  | March 31, 2026 |  | 7.50 |  | 0.46875
November 20, 2025 |  | December 4, 2025 |  | December 31, 2025 |  | 7.50 |  | 0.46875
August 21, 2025 |  | September 4, 2025 |  | September 30, 2025 |  | 7.50 |  | 0.46875
May 19, 2025 |  | June 4, 2025 |  | June 30, 2025 |  | 7.50 |  | 0.46875
February 18, 2025 |  | March 4, 2025 |  | March 31, 2025 |  | 7.50 |  | 0.46875
The following table presents cash dividends declared by the Company on its Series C Preferred Stock from January 1, 2025 through June 30, 2026:
Declaration Date |  | Record Date |  | Payment Date |  | Annual Dividend Rate |  | Dividend Per Share
May 20, 2026 |  | June 4, 2026 |  | June 30, 2026 |  | 9.30622% |  | $0.588100
February 19, 2026 |  | March 4, 2026 |  | March 31, 2026 |  | 9.27855 |  | 0.579910
November 20, 2025 |  | December 4, 2025 |  | December 31, 2025 |  | 9.60811 |  | 0.613850
September 2, 2025 |  | September 4, 2025 |  | September 30, 2025 |  | 9.90226 |  | 0.639521
May 19, 2025 |  | June 4, 2025 |  | June 30, 2025 |  | 9.90578 |  | 0.619110
February 18, 2025 |  | March 4, 2025 |  | March 31, 2025 |  | 6.50000 |  | 0.406250
The following table presents cash dividends declared by the Company on its common stock from January 1, 2025 through June 30, 2026:
Declaration Date |  | Record Date |  | Payment Date |  | Dividend Per Share |
June 11, 2026 |  | June 30, 2026 |  | July 31, 2026 |  | $0.36 | (1)
March 5, 2026 |  | March 31, 2026 |  | April 30, 2026 |  | 0.36 |
December 11, 2025 |  | December 31, 2025 |  | January 30, 2026 |  | 0.36 |
September 11, 2025 |  | September 30, 2025 |  | October 31, 2025 |  | 0.36 |
June 12, 2025 |  | June 30, 2025 |  | July 31, 2025 |  | 0.36 |
March 6, 2025 |  | March 31, 2025 |  | April 30, 2025 |  | 0.36 |
(1) At June 30, 2026, the Company had accrued dividends and dividend equivalents payable of $37.6 million related to the common stock dividend declared on June 11, 2026.
Schedule of Changes in Balances of each Component of the Entity's AOCI | The following tables present changes in the balances of each component of the Company’s AOCI for the three and six months ended June 30, 2026 and 2025:
|  | Three Months Ended June 30, 2026 |  | Six Months Ended June 30, 2026
(In Thousands) |  | Net Unrealized Gain/(Loss) on AFS Securities |  | Net Unrealized Gain/(Loss) on Financing Agreements (1) |  | Total AOCI |  | Net Unrealized Gain/(Loss) on AFS Securities |  | Net Unrealized Gain/(Loss) on Financing Agreements (1) |  | Total AOCI
Balance at beginning of period |  | $ | 2,922 |  |  | $ | — |  |  | $ | 2,922 |  |  | $ | 3,675 |  |  | $ | — |  |  | $ | 3,675 |
OCI before reclassifications |  | (767) |  |  | — |  |  | (767) |  |  | (1,520) |  |  | — |  |  | (1,520) |
Amounts reclassified from AOCI |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net OCI during the period (2) |  | (767) |  |  | — |  |  | (767) |  |  | (1,520) |  |  | — |  |  | (1,520) |
Balance at end of period |  | $ | 2,155 |  |  | $ | — |  |  | $ | 2,155 |  |  | $ | 2,155 |  |  | $ | — |  |  | $ | 2,155 |
|  | Three Months Ended June 30, 2025 |  | Six Months Ended June 30, 2025
(In Thousands) |  | Net Unrealized Gain/(Loss) on AFS Securities |  | Net Unrealized Gain/(Loss) on Financing Agreements (1) |  | Total AOCI |  | Net Unrealized Gain/(Loss) on AFS Securities |  | Net Unrealized Gain/(Loss) on Financing Agreements (1) |  | Total AOCI
Balance at beginning of period |  | $ | 8,216 |  |  | $ | — |  |  | $ | 8,216 |  |  | $ | 9,476 |  |  | $ | — |  |  | $ | 9,476 |
OCI before reclassifications |  | (3,327) |  |  | — |  |  | (3,327) |  |  | (4,361) |  |  | — |  |  | (4,361) |
Amounts reclassified from AOCI |  | — |  |  | — |  |  | — |  |  | (226) |  |  | — |  |  | (226) |
Net OCI during the period (2) |  | (3,327) |  |  | — |  |  | (3,327) |  |  | (4,587) |  |  | — |  |  | (4,587) |
Balance at end of period |  | $ | 4,889 |  |  | $ | — |  |  | $ | 4,889 |  |  | $ | 4,889 |  |  | $ | — |  |  | $ | 4,889 |
(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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