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Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2014
Stockholders' Equity Note [Abstract]  
Schedule of preferred stock dividend declaration and payment
The following table presents cash dividends declared by the Company on its Series B Preferred Stock from January 1, 2014 through June 30, 2014:

Declaration Date
Record Date
Payment Date
Dividend Per Share
May 19, 2014
June 10, 2014
June 30, 2014
$
0.46875

February 14, 2014
February 28, 2014
March 31, 2014
0.46875
Schedule of cash dividends declared on common stock
The following table presents cash dividends declared by the Company on its common stock from January 1, 2014 through June 30, 2014:
 
Declaration Date (1)
Record Date
Payment Date
Dividend Per Share
June 13, 2014
June 27, 2014
July 31, 2014
$
0.20

(1)
March 10, 2014
March 28, 2014
April 30, 2014
0.20

 
 
(1)  At June 30, 2014, the Company had accrued dividends and DERs payable of $74.1 million related to the common stock dividend declared on June 13, 2014.
Schedule of changes in balances of each component of the entity's AOCI
The following table presents changes in the balances of each component of the Company’s AOCI for the three and six months ended June 30, 2014:

 
 
Three Months Ended 
 June 30, 2014
 
Six Months Ended 
 June 30, 2014
(In Thousands)
 
Net Unrealized
Gain/(Loss) on
Available-for-Sale MBS
 
Net 
Unrealized
Gain/(Loss)
on Swaps
 
Total AOCI
 
Net 
Unrealized
Gain/(Loss) on
Available-for-Sale MBS
 
Net 
Unrealized
Gain/(Loss)
on Swaps
 
Total AOCI
Balance at the beginning of the period
 
$
819,222

 
$
(27,037
)
 
$
792,185

 
$
752,912

 
$
(15,217
)
 
$
737,695

OCI before reclassifications
 
93,230

 
(27,634
)
 
65,596

 
162,491

 
(39,901
)
 
122,590

Amounts reclassified from AOCI (1)
 
(6,748
)
 
—

 
(6,748
)
 
(9,699
)
 
447

 
(9,252
)
Net OCI during the period (2)
 
86,482

 
(27,634
)
 
58,848

 
152,792

 
(39,454
)
 
113,338

Balance at end of period
 
$
905,704

 
$
(54,671
)
 
$
851,033

 
$
905,704

 
$
(54,671
)
 
$
851,033


The following table presents changes in the balances of each component of the Company’s AOCI for the three and six months ended June 30, 2013:

 
 
Three Months Ended 
 June 30, 2013
 
Six Months Ended 
 June 30, 2013
(In Thousands)
 
Net Unrealized
Gain/(Loss) on
Available-for-Sale MBS
 
Net 
Unrealized
Gain/(Loss)
on Swaps
 
Total AOCI
 
Net Unrealized
Gain/(Loss) on
Available-for-Sale MBS
 
Net 
Unrealized
Gain/(Loss)
on Swaps
 
Total AOCI
Balance at the beginning of the period
 
$
942,887

 
$
(50,515
)
 
$
892,372

 
$
824,808

 
$
(62,831
)
 
$
761,977

OCI before reclassifications
 
(238,762
)
 
18,548

 
(220,214
)
 
(119,383
)
 
30,864

 
(88,519
)
Amounts reclassified from AOCI (1)
 
(3,254
)
 
—

 
(3,254
)
 
(4,554
)
 
—

 
(4,554
)
Net OCI during the period (2)
 
(242,016
)
 
18,548

 
(223,468
)
 
(123,937
)
 
30,864

 
(93,073
)
Balance at end of period
 
$
700,871

 
$
(31,967
)
 
$
668,904

 
$
700,871

 
$
(31,967
)
 
$
668,904


(1)  See separate table below for details about these reclassifications.
(2)  For further information regarding changes in OCI, see the Company’s consolidated statement of comprehensive income/(loss).
Information about the significant amounts reclassified out of the entity's AOCI
The following table presents information about the significant amounts reclassified out of the Company’s AOCI for the three and six months ended June 30, 2014:
 
 
 
Three Months Ended 
 June 30, 2014
 
Six Months Ended 
 June 30, 2014
 
 
Details about AOCI Components
 
Amounts Reclassified from AOCI
 
Affected Line Item in the Statement
Where Net Income is Presented
(In Thousands)
 
 
 
 
 
 
Available-for-sale MBS:
 
 
 
 
 
 
Realized gain on sale of securities
 
$
(6,748
)
 
$
(9,699
)
 
Gain on sales of MBS and U.S. Treasury securities, net
Swaps designated as cash flow hedges:
 
 
 
 
 
 
De-designated Swaps
 
$
—

 
$
447

 
Other, net
Total reclassifications for period
 
$
(6,748
)
 
$
(9,252
)
 
 
 
The following table presents information about the significant amounts reclassified out of the Company’s AOCI for the three and six months ended June 30, 2013:

 
 
Three Months Ended 
 June 30, 2013
 
Six Months Ended 
 June 30, 2013
 
 
Details about AOCI Components
 
Amounts
Reclassified from AOCI
 
Amounts
Reclassified from AOCI
 
Affected Line Item in the Statement
Where Net Income is Presented
(In Thousands)
 
 
 
 
 
 
Available-for-sale MBS:
 
 
 
 
 
 
Realized gain on sale of securities
 
$
(3,254
)
 
$
(4,554
)
 
Gain on sales of MBS and U.S. Treasury securities, net
Total reclassifications for period
 
$
(3,254
)
 
$
(4,554
)