XML 18 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Preferred Stock
Preferred Stock 7.50% Series B Cumulative Redeemable - Liquidation Preference $25.00 per Share
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Balance (in shares) at Dec. 31, 2014   8,000,000 370,084,000      
Balance at Dec. 31, 2014 $ 3,203,272 $ 80 $ 3,701 $ 3,013,634 $ (568,596) $ 754,453
Increase (Decrease) in Stockholders' Equity            
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing 4,537       (4,537) 4,537
Net income 160,244       160,244  
Issuance of common stock, net of expenses [1] 623   $ 1 622    
Issuance of common stock, net of expenses (in shares) [1]     134,000      
Repurchase of shares of common stock [1] (238)     (238)    
Repurchase of shares of common stock (in shares) [1]     (22,000)      
Equity based compensation expense 2,569     2,569    
Accrued dividends attributable to stock-based awards (225)     (225)    
Dividends declared on common stock (148,153)       (148,153)  
Dividends declared on preferred stock (7,500)       (7,500)  
Dividends attributable to dividend equivalents (513)       (513)  
Change in unrealized losses on MBS, net (58,901)         (58,901)
Change in unrealized losses on derivative hedging instruments, net (5,509)         (5,509)
Balance (in shares) at Jun. 30, 2015   8,000,000 370,196,000      
Balance at Jun. 30, 2015 3,145,669 $ 80 $ 3,702 3,016,362 (569,055) 694,580
Increase (Decrease) in Stockholders' Equity            
Adjustments Related to Tax Withholding for Share-based Compensation     $ 169      
Shares Paid for Tax Withholding for Share Based Compensation (in shares)     22,148      
Balance (in shares) at Dec. 31, 2015   8,000,000 370,584,000      
Balance at Dec. 31, 2015 2,967,261 $ 80 $ 3,706 3,019,956 (572,332) 515,851
Increase (Decrease) in Stockholders' Equity            
Cumulative effect adjustment on adoption of revised accounting standard for repurchase agreement financing 0          
Net income 157,020       157,020  
Issuance of common stock, net of expenses [1] 600   $ 4 596    
Issuance of common stock, net of expenses (in shares) [1]     647,000      
Repurchase of shares of common stock [1] $ (1,384)     (1,384)    
Repurchase of shares of common stock (in shares) 0   (204,000) [1]      
Equity based compensation expense $ 3,038     3,038    
Accrued dividends attributable to stock-based awards (345)     (345)    
Dividends declared on common stock (148,438)       (148,438)  
Dividends declared on preferred stock (7,500)       (7,500)  
Dividends attributable to dividend equivalents (459)       (459)  
Change in unrealized losses on MBS, net 40,447         40,447
Change in unrealized losses on derivative hedging instruments, net (62,572)         (62,572)
Balance (in shares) at Jun. 30, 2016   8,000,000 371,027,000      
Balance at Jun. 30, 2016 $ 2,947,668 $ 80 $ 3,710 $ 3,021,861 $ (571,709) $ 493,726
Increase (Decrease) in Stockholders' Equity            
Adjustments Related to Tax Withholding for Share-based Compensation     $ 1,400      
Shares Paid for Tax Withholding for Share Based Compensation (in shares)     204,451      
[1] For the six months ended June 30, 2016 and 2015, includes approximately $1.4 million (204,451 shares) and $169,000 (22,148 shares), respectively surrendered for tax purposes related to equity-based compensation awards.