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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock
Total Company's Stockholders' Equity
Total Company's Stockholders' Equity
Preferred Stock
Common Stock
Preferred Stock
Preferred 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) 153,596   157,024           157,024   (3,428)
Stock based compensation expense, net 7,145   7,145   16     7,129      
Dividends declared on common stock (113,809)   (113,809)           (113,809)    
Dividends declared on preferred stock (31,865)   (31,865)           (31,865)    
Dividends attributable to dividend equivalents (395)   (395)           (395)    
Reclassification adjustment for net gain included in net income (4,015)   (4,015)             (4,015)  
Increase in fair value of available for sale securities 5,062   5,062             5,062  
Increase in non-controlling interest related to initial consolidation of VIEs 5,127                   5,127
Decrease in non-controlling interest related to redemptions by and distributions from Consolidated VIEs (24)   3,420         3,420     (3,444)
Ending balance at Sep. 30, 2021 2,362,419   2,357,793   3,793 542,232   2,353,483 (543,756) 2,041 4,626
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Preferred Stock Redemption, Liquidation Preference (104,545)   (104,545)     (101,102)     (3,443)    
Stock issuance, net   $ 138,569   $ 138,569     $ 138,569        
Beginning balance at Jun. 30, 2021 2,326,359   2,321,161   3,794 504,765   2,347,753 (542,600) 7,449 5,198
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) 51,182   51,576           51,576   (394)
Stock based compensation expense, net 2,309   2,309   (1)     2,310      
Dividends declared on common stock (37,940)   (37,940)           (37,940)    
Dividends declared on preferred stock (11,272)   (11,272)           (11,272)    
Dividends attributable to dividend equivalents (77)   (77)           (77)    
Reclassification adjustment for net gain included in net income (6,045)   (6,045)             (6,045)  
Increase in fair value of available for sale securities 637   637             637  
Increase in non-controlling interest related to initial consolidation of VIEs 3,252                   3,252
Decrease in non-controlling interest related to redemptions by and distributions from Consolidated VIEs (10)   3,420         3,420     (3,430)
Ending balance at Sep. 30, 2021 2,362,419   2,357,793   3,793 542,232   2,353,483 (543,756) 2,041 4,626
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Preferred Stock Redemption, Liquidation Preference (104,545)   (104,545)     (101,102)     (3,443)    
Stock issuance, net   $ 138,569   $ 138,569     $ 138,569        
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) (264,436)   (261,023)           (261,023)   (3,413)
Common stock repurchases (21,855)   (21,855)   (82)     (21,773)      
Stock based compensation expense, net 8,612   8,612   20     8,592      
Dividends declared on common stock (113,629)   (113,629)           (113,629)    
Dividends declared on preferred stock (31,478)   (31,478)           (31,478)    
Dividends attributable to dividend equivalents (320)   (320)           (320)    
Reclassification adjustment for net gain included in net income 0                    
Increase in fair value of available for sale securities (3,832)   (3,832)             (3,832)  
Increase in non-controlling interest related to initial consolidation of VIEs 16,293                   16,293
Contributions of non-controlling interest in Consolidated VIEs 210                   210
Decrease in non-controlling interest related to redemptions by and distributions from Consolidated VIEs (835)                   (835)
Ending balance at Sep. 30, 2022 1,954,120   1,917,506   3,732 538,221   2,343,395 (965,788) (2,054) 36,614
Beginning balance at Jun. 30, 2022 2,127,071   2,092,991   3,786 538,221   2,354,377 (802,448) (945) 34,080
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) (112,694)   (115,277)           (115,277)   2,583
Common stock repurchases (14,314)   (14,314)   (54)     (14,260)      
Stock based compensation expense, net 3,278   3,278   0     3,278      
Dividends declared on common stock (37,465)   (37,465)           (37,465)    
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 (1,109)   (1,109)             (1,109)  
Contributions of non-controlling interest in Consolidated VIEs 210                   210
Decrease in non-controlling interest related to redemptions by and distributions from Consolidated VIEs (259)                   (259)
Ending balance at Sep. 30, 2022 $ 1,954,120   $ 1,917,506   $ 3,732 $ 538,221   $ 2,343,395 $ (965,788) $ (2,054) $ 36,614