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Unaudited Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Common shares
Additional paid-in capital
Accumulated other comprehensive income (loss)
Unrealized holding gains (losses) of available for sale investments
Currency translation adjustment
Common shares held in treasury, at cost
Retained earnings (deficit)
Cumulative effect of adoption of updated accounting guidance for credit losses at January 1, 2020               $ 0
Balance, beginning of period at Dec. 31, 2018   $ 227 $ 895,386 $ (4,730) $ (4,158) $ (572) $ 0 (1,275)
Common shares issued   0 0          
Share compensation expense     0          
Unrealized holding gains (losses) of available for sale investments, net of reclassification adjustments $ 4,816       4,816      
Currency translation adjustment (165)         (165)    
Shares repurchased for treasury             0  
Net income (loss) before preference dividends 52,539             52,539
Preferred share dividends paid and accrued (4,907)             (4,907)
Balance, end of period at Mar. 31, 2019 941,891 227 895,386 (79) 658 (737) 0 46,357
Cumulative effect of adoption of updated accounting guidance for credit losses at January 1, 2020               (428)
Balance, beginning of period at Dec. 31, 2019 872,353 227 898,083 5,629 6,252 (623) (75,056) 43,470
Common shares issued   0 250          
Share compensation expense     360          
Unrealized holding gains (losses) of available for sale investments, net of reclassification adjustments (37,972)       (37,972)      
Currency translation adjustment 137         137    
Shares repurchased for treasury (77,900)           (2,867)  
Net income (loss) before preference dividends (266,608)             (266,608)
Preferred share dividends paid and accrued (1,171)             (1,171)
Balance, end of period at Mar. 31, 2020 $ 564,054 $ 227 $ 898,693 $ (32,206) $ (31,720) $ (486) $ (77,923) $ (224,737)