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Equity (Tables) | 9 Months Ended
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Sep. 30, 2023
Equity [Abstract] |
Schedule of Changes to Accumulated Other Comprehensive Income by Component | The following table provides a summary of changes to Accumulated other comprehensive income (loss) by component for the three and nine months ended September 30, 2023 and 2022. Table 18.1 – Changes in Accumulated Other Comprehensive Income (Loss) by Component
|  | Three Months Ended September 30, 2023 |  | Three Months Ended September 30, 2022
(In Thousands) |  | Available-for-Sale Securities |  | Interest Rate Agreements Accounted for as Cash Flow Hedges |  | Available-for-Sale Securities |  | Interest Rate Agreements Accounted for as Cash Flow Hedges
Balance at beginning of period |  | $ | 8,165 |  |  | $ | (70,256) |  |  | $ | 16,595 |  |  | $ | (74,383) |
Other comprehensive loss before reclassifications |  | (3,921) |  |  | — |  |  | (8,731) |  |  | — |
Amounts reclassified from other accumulated comprehensive income (loss) |  | 234 |  |  | 1,040 |  |  | 544 |  |  | 1,040 |
Net current-period other comprehensive income (loss) |  | (3,687) |  |  | 1,040 |  |  | (8,187) |  |  | 1,040 |
Balance at End of Period |  | $ | 4,478 |  |  | $ | (69,216) |  |  | $ | 8,408 |  |  | $ | (73,343) |
|  | Nine Months Ended September 30, 2023 |  | Nine Months Ended September 30, 2022
(In Thousands) |  | Available-for-Sale Securities |  | Interest Rate Agreements Accounted for as Cash Flow Hedges |  | Available-for-Sale Securities |  | Interest Rate Agreements Accounted for as Cash Flow Hedges
Balance at beginning of period |  | $ | 3,435 |  |  | $ | (72,303) |  |  | $ | 67,503 |  |  | $ | (76,430) |
Other comprehensive income (loss) before reclassifications |  | 398 |  |  | — |  |  | (60,013) |  |  | — |
Amounts reclassified from other accumulated comprehensive income (loss) |  | 645 |  |  | 3,087 |  |  | 918 |  |  | 3,087 |
Net current-period other comprehensive income (loss) |  | 1,043 |  |  | 3,087 |  |  | (59,095) |  |  | 3,087 |
Balance at End of Period |  | $ | 4,478 |  |  | $ | (69,216) |  |  | $ | 8,408 |  |  | $ | (73,343) |
Schedule of Reclassifications out of Accumulated Other Comprehensive Income | The following table provides a summary of reclassifications out of Accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2023 and 2022. Table 18.2 – Reclassifications Out of Accumulated Other Comprehensive Income (Loss)
|  |  |  | Amount Reclassified From Accumulated Other Comprehensive (Loss)
|  | Affected Line Item in the |  | Three Months Ended September 30,
(In Thousands) |  | Income Statement |  | 2023 |  | 2022
Net Realized Loss on AFS Securities |  |  |  |  |  |
(Decrease) increase in allowance for credit losses on AFS securities |  | Investment fair value changes, net |  | $ | (66) |  |  | $ | 544 |
Loss on sale of AFS securities |  | Realized gains, net |  | 300 |  |  | — |
|  |  |  | $ | 234 |  |  | $ | 544 |
Net Realized Loss on Interest Rate Agreements Designated as Cash Flow Hedges |  |  |  |  |  |
Amortization of deferred loss |  | Interest expense |  | $ | 1,040 |  |  | $ | 1,040 |
|  |  |  | $ | 1,040 |  |  | $ | 1,040 |
|  |  |  | Amount Reclassified From Accumulated Other Comprehensive (Loss)
|  | Affected Line Item in the |  | Nine Months Ended September 30,
(In Thousands) |  | Income Statement |  | 2023 |  | 2022
Net Realized (Gain) Loss on AFS Securities |  |  |  |  |  |
Increase in allowance for credit losses on AFS securities |  | Investment fair value changes, net |  | $ | 33 |  |  | $ | 2,315 |
Loss (gain) on sale of AFS securities |  | Realized gains, net |  | 612 |  |  | (1,397) |
|  |  |  | $ | 645 |  |  | $ | 918 |
Net Realized Loss on Interest Rate Agreements Designated as Cash Flow Hedges |  |  |  |  |  |
Amortization of deferred loss |  | Interest expense |  | $ | 3,087 |  |  | $ | 3,087 |
|  |  |  | $ | 3,087 |  |  | $ | 3,087 |
Schedule of Basic and Diluted Earnings (Loss) Per Common Share | The following table provides the basic and diluted earnings per common share computations for the three and nine months ended September 30, 2023 and 2022. Table 18.3 – Basic and Diluted Earnings (Loss) per Common Share
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(In Thousands, except Share Data) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Basic Loss per Common Share: |  |  |  |  |  |  |  |
Net loss related to common stockholders |  | $ | (32,560) |  |  | $ | (50,411) |  |  | $ | (28,244) |  |  | $ | (119,462) |
Less: Dividends and undistributed earnings allocated to participating securities |  | (792) |  |  | (1,158) |  |  | (3,072) |  |  | (3,445) |
Net loss related to to common stockholders |  | $ | (33,352) |  |  | $ | (51,569) |  |  | $ | (31,316) |  |  | $ | (122,907) |
Basic weighted average common shares outstanding |  | 115,465,977 |  |  | 116,087,890 |  |  | 114,381,548 |  |  | 118,530,172 |
Basic Loss per Common Share |  | $ | (0.29) |  |  | $ | (0.44) |  |  | $ | (0.27) |  |  | $ | (1.04) |
Diluted Loss per Common Share: |  |  |  |  |  |  |  |
Net loss related to common stockholders |  | $ | (32,560) |  |  | $ | (50,411) |  |  | $ | (28,244) |  |  | $ | (119,462) |
Less: Dividends and undistributed earnings allocated to participating securities |  | (792) |  |  | (1,158) |  |  | (3,072) |  |  | (3,445) |
Add back: Interest expense on convertible notes for the period, net of tax |  | — |  |  | — |  |  | — |  |  | — |
Net loss related to common stockholders |  | $ | (33,352) |  |  | $ | (51,569) |  |  | $ | (31,316) |  |  | $ | (122,907) |
Weighted average common shares outstanding |  | 115,465,977 |  |  | 116,087,890 |  |  | 114,381,548 |  |  | 118,530,172 |
Net effect of dilutive equity awards |  | — |  |  | — |  |  | — |  |  | — |
Net effect of assumed convertible notes conversion to common shares |  | — |  |  | — |  |  | — |  |  | — |
Diluted weighted average common shares outstanding |  | 115,465,977 |  |  | 116,087,890 |  |  | 114,381,548 |  |  | 118,530,172 |
Diluted Loss per Common Share |  | $ | (0.29) |  |  | $ | (0.44) |  |  | $ | (0.27) |  |  | $ | (1.04) |

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