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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Comprehensive income (loss):        
Net income (loss) $ 136,459 $ 2,170 $ 322,577 $ 95,560
Other comprehensive income:        
Unrealized gains (losses) on available-for-sale securities, net 9,544 (29,447) (2,022) (49,431)
Reclassification adjustment for net realized losses (gains) included in net income 0 0 0 1,313
Other comprehensive income (loss) 9,544 (29,447) (2,022) (48,118)
Comprehensive income (loss) before preferred stock dividends 146,003 (27,277) 320,555 47,442
Dividends on preferred stock 22,787 18,438 63,975 55,313
Comprehensive income (loss) available to common stock shareholders $ 123,216 $ (45,715) $ 256,580 $ (7,871)