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Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Activity of Preferred and Common Stock
The table below summarizes the preferred stock issued and outstanding at June 30, 2020:
Description
 
Dividend Rate Per Annum
 
Initial Issuance Date
 
Shares Outstanding
(in thousands)
 
Par Value
(in thousands)
 
Liquidation Preference
(in thousands)
 
Earliest Redemption Date
Series G
 
7.5
%
 
June 2014
 
3,450

 
$
35

 
$
86,250

 
Currently redeemable
Series H
 
7.125
%
 
April 2015
 
11,500

 
115

 
287,500

 
Currently redeemable
Series I
 
7.15
%
 
June 2017
 
13,800

 
138

 
345,000

 
June 5, 2022
Series J
 
7.125
%
 
September 2017
 
12,600

 
126

 
315,000

 
September 22, 2022
 
 
 
 
 
 
41,350

 
$
414

 
$
1,033,750

 
 

The table below summarizes the share activities of the Company's preferred and common stock.
 
 
Number of Shares
(In thousands)
 
Preferred Stock
 
Class A
Common Stock
 
Class B
Common Stock
Shares outstanding at December 31, 2018
 
57,464

 
483,347

 
734

Shares issued upon redemption of OP Units
 
—

 
187

 
—

Repurchase of common stock
 
—

 
(652
)
 
—

Equity-based compensation, net of forfeitures
 
—

 
4,713

 
—

Shares canceled for tax withholding on vested stock awards
 
—

 
(582
)
 
—

Shares outstanding at June 30, 2019
 
57,464

 
487,013

 
734

 
 
 
 
 
 
 
Shares outstanding at December 31, 2019
 
41,350

 
487,044

 
734

Shares issued upon redemption of OP Units
 
—

 
184

 
—

Repurchase of common stock, net (1)
 
—

 
(12,733
)
 
—

Equity-based compensation, net of forfeitures
 
—

 
9,273

 
—

Shares canceled for tax withholding on vested stock awards
 
—

 
(2,377
)
 
—

Shares outstanding at June 30, 2020
 
41,350

 
481,391

 
734

__________
(1) 
Net of reissuance of 964,160 shares of class A common stock that had been repurchased by the Company during March 2020. Refer to discussion of settlement liability in Note 12.
Components of Accumulated Other Comprehensive Income (Loss) Attributable to Stockholders
The following tables present the changes in each component of AOCI attributable to stockholders and noncontrolling interests in investment entities, net of immaterial tax effect. AOCI attributable to noncontrolling interests in Operating Company is immaterial.
Changes in Components of AOCI—Stockholders
(In thousands)
 
Company's Share in AOCI of Equity Method Investments
 
Unrealized Gain (Loss) on AFS Debt Securities
 
Unrealized Gain (Loss) on Cash Flow Hedges
 
Foreign Currency Translation Gain (Loss)
 
Unrealized Gain (Loss) on Net Investment Hedges
 
Total
AOCI at December 31, 2018
 
$
3,629

 
$
(3,175
)
 
$
(91
)
 
$
6,618

 
$
7,018

 
$
13,999

Other comprehensive income (loss) before reclassifications
 
8,828

 
591

 
(2,063
)
 
(7,643
)
 
14,766

 
14,479

Amounts reclassified from AOCI
 
—

 
626

 
—

 
(1,128
)
 
(1,009
)
 
(1,511
)
AOCI at June 30, 2019
 
$
12,457

 
$
(1,958
)
 
$
(2,154
)
 
$
(2,153
)
 
$
20,775

 
$
26,967

 
 
 
 
 
 
 
 
 
 
 
 
 
AOCI at December 31, 2019
 
$
9,281

 
$
7,823

 
$
(226
)
 
$
139

 
$
30,651

 
$
47,668

Other comprehensive income (loss) before reclassifications
 
(898
)
 
2,557

 
—

 
(16,929
)
 
15,819

 
549

Amounts reclassified from AOCI
 
—

 
(3,544
)
 
—

 
246

 
(552
)
 
(3,850
)
AOCI at June 30, 2020
 
$
8,383

 
$
6,836

 
$
(226
)
 
$
(16,544
)
 
$
45,918

 
$
44,367


Changes in Components of AOCI—Noncontrolling Interests in Investment Entities
(In thousands)
 
Unrealized Gain (Loss) on Cash Flow Hedges
 
Foreign Currency Translation Gain (Loss)
 
Unrealized Gain (Loss) on Net Investment Hedges
 
Total
AOCI at December 31, 2018
 
$
(390
)
 
$
(600
)
 
$
9,644

 
$
8,654

Other comprehensive income (loss) before reclassifications
 
(4,656
)
 
(10,840
)
 
1,392

 
(14,104
)
Amounts reclassified from AOCI
 
—

 
(465
)
 
448

 
(17
)
AOCI at June 30, 2019
 
$
(5,046
)
 
$
(11,905
)
 
$
11,484

 
$
(5,467
)
 
 
 
 
 
 
 
 
 
AOCI at December 31, 2019
 
$
(1,005
)
 
$
(17,913
)
 
$
10,659

 
$
(8,259
)
Other comprehensive income (loss) before reclassifications
 
(1
)
 
(11,689
)
 
5,313

 
(6,377
)
 Amounts reclassified from AOCI
 
—

 
—

 
(873
)
 
(873
)
AOCI at June 30, 2020
 
$
(1,006
)
 
$
(29,602
)
 
$
15,099

 
$
(15,509
)
Reclassification out of Accumulated Other Comprehensive Income
Information about amounts reclassified out of AOCI attributable to stockholders by component is presented below:
(In thousands)
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
Affected Line Item in the
Consolidated Statements of Operations
Component of AOCI reclassified into earnings
2020
 
2019
 
2020
 
2019
 
Relief of basis of AFS debt securities
 
$
3,544

 
$
—

 
$
3,544

 
$
—

 
Other gain (loss), net
Other-than-temporary impairment
 
—

 
—

 
—

 
(626
)
 
Other gain (loss), net
Release of foreign currency cumulative translation adjustments
 
—

 
173

 
(246
)
 
1,128

 
Other gain (loss), net
Unrealized gain (loss) on dedesignated net investment hedges
 
(82
)
 
22

 
552

 
46

 
Other gain (loss), net
Realized gain on net investment hedges
 
—

 
739

 
—

 
963

 
Other gain (loss), net