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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Total Company Stockholders' Equity
Common Stock
Preferred Stock
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Non-Controlling Interest in Consolidated VIE
Common Stock
Common Stock
Total Company Stockholders' Equity
Common Stock
Common Stock
Common Stock
Additional Paid-In Capital
Preferred Stock
Preferred Stock
Total Company Stockholders' Equity
Preferred Stock
Preferred Stock
Beginning balance at Dec. 31, 2016 $ 851,162 $ 848,075 $ 1,115 $ 159,259 $ 748,599 $ (62,537) $ 1,639 $ 3,087              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income (loss) 88,567 91,980       91,980   (3,413)              
Stock issuance                 $ 2,560 $ 2,560 $ 4 $ 2,556 $ 130,496 $ 130,496 $ 130,496
Dividends declared on common stock (89,500) (89,500)       (89,500)                  
Dividends declared on preferred stock (15,660) (15,660)       (15,660)                  
Reclassification adjustment for net gain included in net income (4,298) (4,298)         (4,298)                
Increase (decrease) in fair value of available for sale securities 8,314 8,314         8,314                
Increase (decrease) in fair value of derivative instruments utilized for cash flow hedges (102) (102)         (102)                
Increase in non-controlling interest related to initial consolidation of variable interest entities 4,462             4,462              
Ending balance at Dec. 31, 2017 976,001 971,865 1,119 289,755 751,155 (75,717) 5,553 4,136              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income (loss) 104,795 102,886       102,886   1,909              
Stock issuance                 262,673 262,673 $ 437 $ 262,236      
Dividends declared on common stock (106,647) (106,647)       (106,647)                  
Dividends declared on preferred stock (23,700) (23,700)       (23,700)                  
Reclassification adjustment for net gain included in net income 0                            
Increase (decrease) in fair value of available for sale securities (27,688) (27,688)         (27,688)                
Increase (decrease) in fair value of derivative instruments utilized for cash flow hedges 0                            
Decrease in non-controlling interest related to distributions from and de-consolidation of variable interest entities (5,141)             (5,141)              
Ending balance at Dec. 31, 2018 1,180,293 1,179,389 1,556 289,755 1,013,391 (103,178) (22,135) 904              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income (loss) 172,896 173,736       173,736   (840)              
Stock issuance     1,358   808,394       $ 809,752 $ 809,752     $ 215,010 $ 215,010 $ 215,010
Dividends declared on common stock (190,520) (190,520)       (190,520)                  
Dividends declared on preferred stock (28,901) (28,901)       (28,901)                  
Reclassification adjustment for net gain included in net income (18,109) (18,109)         (18,109)                
Increase (decrease) in fair value of available for sale securities 65,376 65,376         65,376                
Increase (decrease) in fair value of derivative instruments utilized for cash flow hedges 0                            
Decrease in non-controlling interest related to distributions from and de-consolidation of variable interest entities (768)             (768)              
Ending balance at Dec. 31, 2019 $ 2,205,029 $ 2,205,733 $ 2,914 $ 504,765 $ 1,821,785 $ (148,863) $ 25,132 $ (704)