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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Common Stock Shares Outstanding
Common Stock
Additional Paid-In Capital
Accum. Other Comp. Income Gain Agency MBS
Accum. Other Comp. Income Non-Agency MBS
Accum. Other Comp. Gain (Loss) Derivatives
Accum. (Deficit)
Series A Preferred Stock
Accum. (Deficit)
Series B Preferred Stock
Accum. (Deficit)
Series C Preferred Stock
Accum. (Deficit)
Series A Preferred Stock Shares Outstanding
Series C Preferred Stock Shares Outstanding
Series A Preferred Stock
Series B Preferred Stock
Series C Preferred Stock
Total
Beginning Balance at Dec. 31, 2017   $ 981 $ 980,243 $ 2,163 $ 30,201 $ (15,344)       $ (415,235)     $ 46,537   $ 48,420 $ 677,967
Beginning Balance (in shares) at Dec. 31, 2017 98,137                   1,919 1,989        
Issuance of Preferred Stock                             524 524
Issuance of Preferred Stock (in shares)                       21        
Issuance of stock   1 365                         366
Issuance of stock (in shares) 75                              
Other comprehensive income, fair value adjustments and reclassifications       (23,536) 709 746                   (22,081)
Net (loss) income                   (2,853)           (2,853)
Amortization of restricted stock     24                         24
Dividends on preferred stock             $ (1,035) $ (305) $ (958)       (1,035) $ (305) (958)  
Dividend declared per common share                   (14,732)           (14,732)
Ending Balance at Mar. 31, 2018   982 980,632 (21,373) 30,910 (14,598)       (435,118)     46,537   48,944 636,917
Ending Balance (in shares) at Mar. 31, 2018 98,212                   1,919 2,010        
Beginning Balance at Dec. 31, 2017   981 980,243 2,163 30,201 (15,344)       (415,235)     46,537   48,420 677,967
Beginning Balance (in shares) at Dec. 31, 2017 98,137                   1,919 1,989        
Other comprehensive income, fair value adjustments and reclassifications                               (58,117)
Net (loss) income                               29,445
Dividends on preferred stock                               (6,892)
Ending Balance at Sep. 30, 2018   984 981,499 (51,894) 23,347 (12,550)       (434,950)     46,537   48,944 601,918
Ending Balance (in shares) at Sep. 30, 2018 98,381                   1,919 2,010        
Beginning Balance at Mar. 31, 2018   982 980,632 (21,373) 30,910 (14,598)       (435,118)     46,537   48,944 636,917
Beginning Balance (in shares) at Mar. 31, 2018 98,212                   1,919 2,010        
Issuance of stock   1 430                         431
Issuance of stock (in shares) 92                              
Other comprehensive income, fair value adjustments and reclassifications       (13,847) (1,558) 1,005                   (14,400)
Net (loss) income                   14,933           14,933
Amortization of restricted stock     25                         25
Dividends on preferred stock             (1,035) (305) (957)       (1,035) (305) (957)  
Dividend declared per common share                   (13,763)           (13,763)
Ending Balance at Jun. 30, 2018   983 981,087 (35,220) 29,352 (13,593)       (436,245)     46,537   48,944 621,846
Ending Balance (in shares) at Jun. 30, 2018 98,304                   1,919 2,010        
Issuance of stock   1 387                         388
Issuance of stock (in shares) 77                              
Other comprehensive income, fair value adjustments and reclassifications       (16,674) (6,005) 1,043                   (21,636)
Net (loss) income                   17,365           17,365
Amortization of restricted stock     25                         25
Dividends on preferred stock             (1,035) (305) (958)       (1,035) (305) (958) (2,297)
Dividend declared per common share                   (13,772)           (13,772)
Ending Balance at Sep. 30, 2018   984 981,499 (51,894) 23,347 (12,550)       (434,950)     46,537   48,944 601,918
Ending Balance (in shares) at Sep. 30, 2018 98,381                   1,919 2,010        
Beginning Balance at Dec. 31, 2018   985 981,964 (28,824) 9,563 (11,531)       (485,988)     46,537   48,944 561,650
Beginning Balance (in shares) at Dec. 31, 2018 98,483                   1,919 2,010        
Issuance of stock   1 355                         356
Issuance of stock (in shares) 82                              
Other comprehensive income, fair value adjustments and reclassifications       31,278 8,165 1,003                   40,446
Net (loss) income                   (19,970)           (19,970)
Amortization of restricted stock     25                         25
Dividends on preferred stock             (1,035) (304) (958)       (1,035) (304) (958)  
Dividend declared per common share                   (12,815)           (12,815)
Ending Balance at Mar. 31, 2019   986 982,344 2,454 17,728 (10,528)       (521,070)     46,537   48,944 567,395
Ending Balance (in shares) at Mar. 31, 2019 98,565                   1,919 2,010        
Beginning Balance at Dec. 31, 2018   985 981,964 (28,824) 9,563 (11,531)       (485,988)     46,537   48,944 561,650
Beginning Balance (in shares) at Dec. 31, 2018 98,483                   1,919 2,010        
Other comprehensive income, fair value adjustments and reclassifications                               97,742
Net (loss) income                               (85,162)
Dividends on preferred stock                               (6,892)
Ending Balance at Sep. 30, 2019   988 983,124 41,629 33,867 (8,546)       (611,588)     46,537   48,626 534,637
Ending Balance (in shares) at Sep. 30, 2019 98,768                   1,919 2,010        
Beginning Balance at Mar. 31, 2019   986 982,344 2,454 17,728 (10,528)       (521,070)     46,537   48,944 567,395
Beginning Balance (in shares) at Mar. 31, 2019 98,565                   1,919 2,010        
Issuance of stock   1 401                         402
Issuance of stock (in shares) 118                              
Other comprehensive income, fair value adjustments and reclassifications       28,378 9,571 1,011                   38,960
Net (loss) income                   (47,700)           (47,700)
Amortization of restricted stock     25                         25
Amortization of shelf offering expenses                             (318) (318)
Dividends on preferred stock             (1,035) (304) (958)       (1,035) (304) (958)  
Dividend declared per common share                   (10,855)           (10,855)
Ending Balance at Jun. 30, 2019   987 982,770 30,832 27,299 (9,517)       (581,922)     46,537   48,626 545,612
Ending Balance (in shares) at Jun. 30, 2019 98,683                   1,919 2,010        
Issuance of stock $ 85 1 329                         330
Other comprehensive income, fair value adjustments and reclassifications       10,797 6,568 971                   18,336
Net (loss) income                   (17,492)           (17,492)
Amortization of restricted stock     25                         25
Dividends on preferred stock             $ (1,035) $ (304) $ (958)       (1,035) $ (304) (958) (2,297)
Dividend declared per common share                   (9,877)           (9,877)
Ending Balance at Sep. 30, 2019   $ 988 $ 983,124 $ 41,629 $ 33,867 $ (8,546)       $ (611,588)     $ 46,537   $ 48,626 $ 534,637
Ending Balance (in shares) at Sep. 30, 2019 98,768                   1,919 2,010