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Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2020
Stockholders' Equity Note [Abstract]  
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 six months ended June 30, 2020:
 
 
Three Months Ended
June 30, 2020
 
Six Months Ended
June 30, 2020
(In Thousands)
 
Net Unrealized
Gain/(Loss) on
AFS Securities
 
Net 
(Loss)
on Swaps
 
Total AOCI
 
Net Unrealized
Gain/(Loss) on
AFS Securities
 
Net 
Gain/(Loss)
on Swaps
 
Total AOCI
Balance at beginning of period
 
$
148,910

 
$
(71,208
)
 
$
77,702

 
$
392,722

 
$
(22,675
)
 
$
370,047

OCI before reclassifications
 
48,715

 
—

 
48,715

 
393,503

 
(50,126
)
 
343,377

Amounts reclassified from AOCI (1)
 
(144,736
)
 
64,032

 
(80,704
)
 
(733,336
)
 
65,625

 
(667,711
)
Net OCI during the period (2)
 
(96,021
)
 
64,032

 
(31,989
)
 
(339,833
)
 
15,499

 
(324,334
)
Balance at end of period
 
$
52,889

 
$
(7,176
)
 
$
45,713

 
$
52,889

 
$
(7,176
)
 
$
45,713


(1)  See separate table below for details about these reclassifications.
(2)  For further information regarding changes in OCI, see the Company’s consolidated statements of comprehensive income/(loss).
 

The following table presents changes in the balances of each component of the Company’s AOCI for the three and six months ended June 30, 2019:
 
 
Three Months Ended
June 30, 2019
 
Six Months Ended
June 30, 2019
(In Thousands)
 
Net Unrealized
Gain/(Loss) on
AFS Securities
 
Net 
Gain
on Swaps
 
Total AOCI
 
Net Unrealized
Gain/(Loss) on
AFS Securities
 
Net 
(Loss)/Gain
on Swaps
 
Total AOCI
Balance at beginning of period
 
$
422,261

 
$
(7,665
)
 
$
414,596

 
$
417,167

 
$
3,121

 
$
420,288

OCI before reclassifications
 
24,008

 
(19,706
)
 
4,302

 
44,307

 
(30,151
)
 
14,156

Amounts reclassified from AOCI (1)
 
(6,371
)
 
(743
)
 
(7,114
)
 
(21,576
)
 
(1,084
)
 
(22,660
)
Net OCI during the period (2)
 
17,637

 
(20,449
)
 
(2,812
)
 
22,731

 
(31,235
)
 
(8,504
)
Balance at end of period
 
$
439,898

 
$
(28,114
)
 
$
411,784

 
$
439,898

 
$
(28,114
)
 
$
411,784


(1)  See separate table below for details about these reclassifications.
(2)  For further information regarding changes in OCI, see the Company’s consolidated statements 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 six months ended June 30, 2020:
 
 
Three Months Ended
June 30, 2020
 
Six Months Ended
June 30, 2020
 
 
Details about AOCI Components
 
Amounts Reclassified from AOCI
 
Affected Line Item in the Statement
Where Net Income is Presented
(In Thousands)
 
 
 
 
 
 
AFS Securities:
 
 
 
 
 
 
Realized gain on sale of securities
 
$
(144,736
)
 
$
(389,067
)
 
Net realized (loss)/gain on sales of residential mortgage securities and residential whole loans
Impairment recognized in earnings
 
—

 
(344,269
)
 
Other, net
Total AFS Securities
 
$
(144,736
)
 
$
(733,336
)
 
 
Swaps designated as cash flow hedges:
 
 
 
 
 
 
Reclassification adjustment for losses related to hedging instruments included in net income
 
64,032

 
65,625

 
Other, net
Total Swaps designated as cash flow hedges
 
$
64,032

 
$
65,625

 
 
Total reclassifications for period
 
$
(80,704
)
 
$
(667,711
)
 
 
 

The following table presents information about the significant amounts reclassified out of the Company’s AOCI for the three and six months ended June 30, 2019:
 
 
Three Months Ended
June 30, 2019
 
Six Months Ended
June 30, 2019
 
 
Details about AOCI Components
 
Amounts Reclassified from AOCI
 
Affected Line Item in the Statement
Where Net Income is Presented
(In Thousands)
 
 
 
 
 
 
AFS Securities:
 
 
 
 
 
 
Realized gain on sale of securities
 
$
(6,371
)
 
$
(21,576
)
 
Net realized (loss)/gain on sales of residential mortgage securities and residential whole loans
Total AFS Securities
 
$
(6,371
)
 
$
(21,576
)
 
 
Amortization of de-designated hedging instruments
 
(743
)
 
(1,084
)
 
 
Total reclassifications for period
 
$
(7,114
)
 
$
(22,660
)