XML 21 R6.htm IDEA: XBRL DOCUMENT v3.20.4
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Total Company Stockholders' Equity
Total Company Stockholders' Equity
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Preferred Stock
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income (Loss)
Non-Controlling Interest in Consolidated VIE
Preferred Stock
Preferred Stock
Total Company Stockholders' Equity
Preferred Stock
Preferred Stock
Beginning 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, net 260,091   260,091   434   259,657              
Stock based compensation expense, net 2,582   2,582   3   2,579              
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                          
Decrease in fair value of available for sale securities (27,688)   (27,688)             (27,688)        
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, net 804,385   804,385   1,352   803,033         $ 215,010 $ 215,010 $ 215,010
Stock based compensation expense, net 5,367   5,367   6   5,361              
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)        
Decrease in fair value of available for sale securities 65,376   65,376             65,376        
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 $ 12,284 2,205,733 $ 12,284 2,914 504,765 1,821,785 (148,863) $ 12,284 25,132 (704)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) (288,243)   (288,510)         (288,510)     267      
Stock issuance, net 512,090   512,090   851   511,239              
Stock based compensation expense, net 9,922   9,922   12   9,910              
Dividends declared on common stock (84,993)   (84,993)         (84,993)            
Dividends declared on preferred stock (41,186)   (41,186)         (41,186)            
Reclassification adjustment for net gain included in net income 7,516   7,516             7,516        
Decrease in fair value of available for sale securities (31,654)   (31,654)             (31,654)        
Increase in non-controlling interest related to initial consolidation of variable interest entities 6,808                   6,808      
Ending balance at Dec. 31, 2020 $ 2,307,573   $ 2,301,202   $ 3,777 $ 504,765 $ 2,342,934 $ (551,268)   $ 994 $ 6,371