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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Comprehensive income (loss):        
Net income (loss) $ 36,024 $ (161,327) $ 93,390 $ (424,121)
Other comprehensive income:        
Unrealized gains (losses) on available-for-sale securities, net (14,081) (58,369) (19,984) (99,324)
Reclassification adjustment for net realized losses (gains) included in net income 0 0 1,313 0
Other comprehensive income (loss) (14,081) (58,369) (18,671) (99,324)
Comprehensive income (loss) before preferred stock dividends 21,943 (219,696) 74,719 (523,445)
Dividends on preferred stock 18,438 18,438 36,875 36,845
Comprehensive income (loss) available to common stock shareholders $ 3,505 $ (238,134) $ 37,844 $ (560,290)