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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Statement of Comprehensive Income [Abstract]        
Net income/(loss) $ 132,511 $ 87,210 $ 284,747 $ (725,207)
Other Comprehensive (Loss):        
Unrealized (losses)/gains on securities available-for-sale (8,029) 15,082 (21,473) 408,585
Reclassification adjustment for securities sales included in net income 0 (60) 0 (389,127)
Reclassification adjustment for impairments included in net income 0 0 0 (344,269)
Derivative hedging instrument fair value changes, net 0 0 0 (50,127)
Changes in fair value of financing agreements at fair value due to changes in instrument-specific credit risk 209 (22,652) 935 (22,652)
Reclassification adjustment for losses related to hedging instruments included in net income 0 7,176 0 72,802
Other Comprehensive (Loss) (7,820) (454) (20,538) (324,788)
Comprehensive income/(loss) before preferred stock dividends 124,691 86,756 264,209 (1,049,995)
Dividends required on preferred stock (8,218) (8,219) (24,656) (21,578)
Comprehensive Income/(Loss) Available to Common Stock and Participating Securities $ 116,473 $ 78,537 $ 239,553 $ (1,071,573)