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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net income $ 93,040 $ 70,395 $ 181,897 $ 153,790
Other Comprehensive Income/(Loss):        
Reclassification adjustment for MBS sales included in net income (6,371) (5,178) (21,576) (15,458)
Derivative hedging instrument fair value changes, net (19,706) 7,915 (30,151) 27,584
Amortization of de-designated hedging instruments, net (743) 0 (1,084) 0
Other Comprehensive Income/(Loss) (2,812) (18,019) (8,504) (44,513)
Comprehensive income before preferred stock dividends 90,228 52,376 173,393 109,277
Dividends declared on preferred stock (3,750) (3,750) (7,500) (7,500)
Comprehensive Income Available to Common Stock and Participating Securities 86,478 48,626 165,893 101,777
Agency MBS        
Other Comprehensive Income/(Loss):        
Unrealized (loss)/gain, net 13,555 (9,641) 21,880 (18,331)
Non-Agency MBS, CRT Securities and MSR Term Notes [Member]        
Other Comprehensive Income/(Loss):        
Unrealized (loss)/gain, net $ 10,453 $ (11,115) $ 22,427 $ (38,308)