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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net income $ 87,132 $ 63,805 $ 240,922 $ 221,799
Other Comprehensive Income/(Loss):        
Reclassification adjustment for MBS sales included in net income (9,455) (14,935) (25,580) (30,283)
Reclassification adjustment for other-than-temporary impairments included in net income 0 0 0 (1,032)
Derivative hedging instrument fair value changes, net 5,390 5,791 32,974 16,671
Other Comprehensive (Loss)/Income (38,343) (2,156) (82,856) 56,544
Comprehensive income before preferred stock dividends 48,789 61,649 158,066 278,343
Dividends declared on preferred stock (3,750) (3,750) (11,250) (11,250)
Comprehensive Income Available to Common Stock and Participating Securities 45,039 57,899 146,816 267,093
Agency MBS        
Other Comprehensive Income/(Loss):        
Unrealized (loss)/gain, net (9,177) (3,032) (27,507) (22,241)
Non-Agency MBS        
Other Comprehensive Income/(Loss):        
Unrealized (loss)/gain, net $ (25,101) $ 10,020 $ (62,743) $ 93,429