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Stockholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2013
Stockholders' Equity Note [Abstract]  
Schedule of cash dividends declared on common stock
The following table presents cash dividends declared by the Company on its common stock from January 1, 2012 through September 30, 2013:
 
Declaration Date (1)
Record Date
Payment Date
Dividend Per Share
September 26, 2013
October 11, 2013
October 31, 2013
$
0.22

(1)
August 1, 2013
August 12, 2013
August 30, 2013
0.28

(2)
June 28, 2013
July 12, 2013
July 31, 2013
0.22

 
March 28, 2013
April 12, 2013
April 30, 2013
0.22

 
March 4, 2013
March 18, 2013
April 10, 2013
0.50

(3)
December 12, 2012
December 28, 2012
January 31, 2013
0.20

 
September 28, 2012
October 12, 2012
October 31, 2012
0.21

 
June 27, 2012
July 13, 2012
July 31, 2012
0.23

 
March 23, 2012
April 4, 2012
April 30, 2012
0.24

 
 
(1)  At September 30, 2013, the Company had accrued dividends and DERs payable of $81.2 million related to the common stock dividend declared on September 26, 2013.
(2) Reflects the special cash dividend on common stock declared on August 1, 2013.
(3) Reflects the special cash dividend on common stock declared on March 4, 2013.
Schedule of changes in balances of each component of the entity's AOCI
The following table presents changes in the balances of each component of the Company’s AOCI for the three and nine months ended September 30, 2013:

 
 
Three Months Ended 
 September 30, 2013
 
Nine Months Ended 
 September 30, 2013
(In Thousands)
 
Net Unrealized
Gain/(Loss) on
Available-for-Sale MBS
 
Net 
Unrealized
Gain/(Loss)
on Swaps
 
Total AOCI
 
Net 
Unrealized
Gain/(Loss) on
Available-for-Sale MBS
 
Net 
Unrealized
Gain/(Loss)
on Swaps
 
Total AOCI
Balance at the beginning of the period
 
$
700,871

 
$
(31,967
)
 
$
668,904

 
$
824,808

 
$
(62,831
)
 
$
761,977

OCI before reclassifications
 
31,850

 
(19,934
)
 
11,916

 
(89,847
)
 
10,930

 
(78,917
)
Amounts reclassified from AOCI (1)
 
(15,158
)
 
—

 
(15,158
)
 
(17,398
)
 
—

 
(17,398
)
Net OCI during the period (2)
 
16,692

 
(19,934
)
 
(3,242
)
 
(107,245
)
 
10,930

 
(96,315
)
Balance at end of period
 
$
717,563

 
$
(51,901
)
 
$
665,662

 
$
717,563

 
$
(51,901
)
 
$
665,662


The following table presents changes in the balances of each component of the Company’s AOCI for the three and nine months ended September 30, 2012:

 
 
Three Months Ended 
 September 30, 2012
 
Nine Months Ended 
 September 30, 2012
(In Thousands)
 
Net Unrealized
Gain/(Loss) on
Available-for-Sale MBS
 
Net 
Unrealized
Gain/(Loss)
on Swaps
 
Total AOCI
 
Net Unrealized
Gain/(Loss) on
Available-for-Sale MBS
 
Net 
Unrealized
Gain/(Loss)
on Swaps
 
Total AOCI
Balance at the beginning of the period
 
$
296,007

 
$
(89,823
)
 
$
206,184

 
$
55,491

 
$
(114,194
)
 
$
(58,703
)
OCI before reclassifications
 
471,741

 
11,654

 
483,395

 
713,456

 
36,025

 
749,481

Amounts reclassified from AOCI (1)
 
(3,130
)
 
—

 
(3,130
)
 
(4,329
)
 
—

 
(4,329
)
Net OCI during the period (2)
 
468,611

 
11,654

 
480,265

 
709,127

 
36,025

 
745,152

Balance at end of period
 
$
764,618

 
$
(78,169
)
 
$
686,449

 
$
764,618

 
$
(78,169
)
 
$
686,449


(1)  See separate table below for details about these reclassifications.
(2)  For further information regarding changes in OCI, see the Company’s consolidated statement of comprehensive income/(loss).
Information about the significant amounts reclassified out of the entity's AOCI
The following table presents information about the significant amounts reclassified out of the Company’s AOCI for the three and nine months ended September 30, 2013:
 
 
 
Three Months Ended 
 September 30, 2013
 
Nine Months Ended 
 September 30, 2013
 
 
Details about AOCI Components
 
Amounts
Reclassified from AOCI
 
Amounts
Reclassified from AOCI
 
Affected Line Item in the Statement
Where Net Income is Presented
(In Thousands)
 
 
 
 
 
 
Available-for-sale MBS:
 
 
 
 
 
 
Realized gain on sale of securities
 
$
(15,158
)
 
$
(17,398
)
 
Gain on sales of MBS and U.S. Treasury securities, net
Total reclassifications for period
 
$
(15,158
)
 
$
(17,398
)
 
 
 
The following table presents information about the significant amounts reclassified out of the Company’s AOCI for the three and nine months ended September 30, 2012:

 
 
Three Months Ended 
 September 30, 2012
 
Nine Months Ended 
 September 30, 2012
 
 
Details about AOCI Components
 
Amounts
Reclassified from AOCI
 
Amounts
Reclassified from AOCI
 
Affected Line Item in the Statement
Where Net Income is Presented
(In Thousands)
 
 
 
 
 
 
Available-for-sale MBS:
 
 
 
 
 
 
Realized gain on sale of securities
 
$
(3,130
)
 
$
(5,529
)
 
Gain on sales of MBS and U.S. Treasury securities, net
OTTI recognized in earnings
 
—

 
1,200

 
Net impairment losses recognized in earnings
Total reclassifications for period
 
$
(3,130
)
 
$
(4,329
)