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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Total Company's Stockholders' Equity
Common Stock
Preferred Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Non-Controlling Interest in Consolidated VIEs
Beginning balance at Dec. 31, 2020 $ 2,307,573 $ 2,301,202 $ 3,777 $ 504,765 $ 2,342,934 $ (551,268) $ 994 $ 6,371
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 102,414 105,448       105,448   (3,034)
Stock based compensation expense, net 4,836 4,836 17   4,819      
Dividends declared on common stock (75,869) (75,869)       (75,869)    
Dividends declared on preferred stock (20,593) (20,593)       (20,593)    
Dividends attributable to dividend equivalents (318) (318)       (318)    
Reclassification adjustment for net gain included in net income 2,029 2,029         2,029  
Increase in fair value of available for sale securities 4,426 4,426         4,426  
Increase in non-controlling interest related to initial consolidation of VIEs 1,874             1,874
Decrease in non-controlling interest related to distributions from Consolidated VIEs (13)             (13)
Ending balance at Jun. 30, 2021 2,326,359 2,321,161 3,794 504,765 2,347,753 (542,600) 7,449 5,198
Beginning balance at Mar. 31, 2021 2,314,351 2,308,853 3,793 504,765 2,343,912 (547,491) 3,874 5,498
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 51,615 53,240       53,240   (1,625)
Stock based compensation expense, net 3,842 3,842 1   3,841      
Dividends declared on common stock (37,942) (37,942)       (37,942)    
Dividends declared on preferred stock (10,296) (10,296)       (10,296)    
Dividends attributable to dividend equivalents (111) (111)       (111)    
Reclassification adjustment for net gain included in net income (213) (213)         (213)  
Increase in fair value of available for sale securities 3,788 3,788         3,788  
Increase in non-controlling interest related to initial consolidation of VIEs 1,335             1,335
Decrease in non-controlling interest related to distributions from Consolidated VIEs (10)             (10)
Ending balance at Jun. 30, 2021 2,326,359 2,321,161 3,794 504,765 2,347,753 (542,600) 7,449 5,198
Beginning balance at Dec. 31, 2021 2,365,390 2,341,031 3,794 538,221 2,356,576 (559,338) 1,778 24,359
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (151,742) (145,746)       (145,746)   (5,996)
Common stock repurchases (7,541) (7,541) (28)   (7,513)      
Stock based compensation expense, net 5,334 5,334 20   5,314      
Dividends declared on common stock (76,164) (76,164)       (76,164)    
Dividends declared on preferred stock (20,986) (20,986)       (20,986)    
Dividends attributable to dividend equivalents (214) (214)       (214)    
Reclassification adjustment for net gain included in net income 0              
Increase in fair value of available for sale securities (2,723) (2,723)         (2,723)  
Increase in non-controlling interest related to initial consolidation of VIEs 16,293             16,293
Decrease in non-controlling interest related to distributions from Consolidated VIEs (576)             (576)
Ending balance at Jun. 30, 2022 2,127,071 2,092,991 3,786 538,221 2,354,377 (802,448) (945) 34,080
Beginning balance at Mar. 31, 2022 2,250,001 2,217,618 3,812 538,221 2,357,910 (681,915) (410) 32,383
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (75,650) (71,896)       (71,896)   (3,754)
Common stock repurchases (7,541) (7,541) (28)   (7,513)      
Stock based compensation expense, net 3,982 3,982 2   3,980      
Dividends declared on common stock (38,039) (38,039)       (38,039)    
Dividends declared on preferred stock (10,493) (10,493)       (10,493)    
Dividends attributable to dividend equivalents (105) (105)       (105)    
Reclassification adjustment for net gain included in net income 0              
Increase in fair value of available for sale securities (535) (535)         (535)  
Increase in non-controlling interest related to initial consolidation of VIEs 5,805             5,805
Decrease in non-controlling interest related to distributions from Consolidated VIEs (354)             (354)
Ending balance at Jun. 30, 2022 $ 2,127,071 $ 2,092,991 $ 3,786 $ 538,221 $ 2,354,377 $ (802,448) $ (945) $ 34,080