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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Preferred Stock
Common Stock
Preferred Stock
Preferred Stock
Preferred Stock
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive (Loss) Income
Total Company Stockholders' Equity
Total Company Stockholders' Equity
Preferred Stock
Non-Controlling Interest in Consolidated VIE
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings (Accumulated Deficit)
Cumulative Effect, Period of Adoption, Adjustment
Total Company Stockholders' Equity
Beginning balance at Dec. 31, 2018 $ 1,180,293   $ 1,556 $ 289,755   $ 1,013,391 $ (103,178) $ (22,135) $ 1,179,389   $ 904      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) 66,342           66,874   66,874   (532)      
Stock issuance, net 321,700 $ 16,087 $ 547   $ 16,087 321,153     321,700 $ 16,087        
Stock based compensation expense, net (in shares)     6                      
Stock based compensation expense, net 2,792         2,786     2,792          
Dividends declared on common stock (79,721)           (79,721)   (79,721)          
Dividends declared on preferred stock (12,182)           (12,182)   (12,182)          
Reclassification adjustment for net loss included in net income (13,665)             (13,665) (13,665)          
Increase in fair value of available for sale securities 46,804             46,804 46,804          
Decrease in non-controlling interest related to distributions from and de-consolidation of variable interest entities (768)                   (768)      
Ending balance at Jun. 30, 2019 1,527,682   $ 2,109 305,842   1,337,330 (128,207) 11,004 1,528,078   (396)      
Beginning balance at Mar. 31, 2019 1,379,452   1,878 289,755   1,199,090 (102,530) (9,088) 1,379,105   347      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) 21,992           22,735   22,735   (743)      
Stock issuance, net 136,672 $ 16,087 $ 230   $ 16,087 136,442     136,672 $ 16,087        
Stock based compensation expense, net (in shares)     1                      
Stock based compensation expense, net 1,799         1,798     1,799          
Dividends declared on common stock (42,155)           (42,155)   (42,155)          
Dividends declared on preferred stock (6,257)           (6,257)   (6,257)          
Reclassification adjustment for net loss included in net income 0                          
Increase in fair value of available for sale securities 20,092             20,092 20,092          
Ending balance at Jun. 30, 2019 1,527,682   $ 2,109 305,842   1,337,330 (128,207) 11,004 1,528,078   (396)      
Beginning balance at Dec. 31, 2019 2,205,029   2,914 504,765   1,821,785 (148,863) 25,132 2,205,733   (704) $ 12,284 $ 12,284 $ 12,284
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) (471,630)           (470,570)   (470,570)   (1,060)      
Stock issuance, net 511,906   $ 851     511,055     511,906          
Stock based compensation expense, net (in shares)     10                      
Stock based compensation expense, net 4,392         4,382     4,392          
Dividends declared on common stock (18,887)           (18,887)   (18,887)          
Dividends declared on preferred stock (20,593)           (20,593)   (20,593)          
Reclassification adjustment for net loss included in net income (2,506)             (2,506) (2,506)          
Increase in fair value of available for sale securities (57,054)             (57,054) (57,054)          
Ending balance at Jun. 30, 2020 2,162,941   $ 3,775 504,765   2,337,222 (646,629) (34,428) 2,164,705   (1,764)      
Beginning balance at Mar. 31, 2020 2,000,451   3,775 504,765   2,334,793 (724,962) (117,032) 2,001,339   (888)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) 116,937           117,813   117,813   (876)      
Stock based compensation expense, net 2,429         2,429     2,429          
Dividends declared on common stock (18,887)           (18,887)   (18,887)          
Dividends declared on preferred stock (20,593)           (20,593)   (20,593)          
Reclassification adjustment for net loss included in net income 4,331             4,331 4,331          
Increase in fair value of available for sale securities 78,273             78,273 78,273          
Ending balance at Jun. 30, 2020 $ 2,162,941   $ 3,775 $ 504,765   $ 2,337,222 $ (646,629) $ (34,428) $ 2,164,705   $ (1,764)