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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2021
Stockholders' Equity Note [Abstract]  
Schedule of Preferred Stock Dividend Declaration and Payment
The following table presents cash dividends declared by the Company on its Series B Preferred Stock from January 1, 2019 through December 31, 2021:
Year
Declaration Date
Record DatePayment DateDividend Per Share
2021November 16, 2021December 1, 2021December 31, 2021$0.46875
August 26, 2021September 8, 2021September 30, 20210.46875
May 24, 2021June 7, 2021June 30, 20210.46875
February 19, 2021March 5, 2021March 31, 20210.46875
2020November 18, 2020December 4, 2020December 31, 2020$0.46875
August 12, 2020September 8, 2020September 30, 20200.46875
July 1, 2020July 15, 2020July 31, 20200.93750
2019November 15, 2019December 2, 2019December 31, 2019$0.46875
August 9, 2019August 30, 2019September 30, 20190.46875
May 20, 2019June 3, 2019June 28, 20190.46875
February 15, 2019March 4, 2019March 29, 20190.46875
The following table presents cash dividends declared by the Company on its Series C Preferred Stock from January 1, 2020 through December 31, 2021:

Year
Declaration Date
Record DatePayment DateDividend Per Share
2021November 16, 2021December 1, 2021December 31, 2021$0.40625
August 26, 2021September 8, 2021September 30, 20210.40625
May 24, 2021June 7, 2021June 30, 20210.40625
February 19, 2021March 5, 2021March 31, 20210.40625
2020November 18, 2020December 4, 2020December 31, 2020$0.40625
August 12, 2020September 8, 2020September 30, 20200.40625
July 1, 2020July 15, 2020July 31, 20200.53264
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, 2019 through December 31, 2021: 
Year
Declaration Date
Record DatePayment DateDividend Per Share 
2021December 14, 2021December 31, 2021January 31, 2022$0.440(1)
September 15, 2021September 30, 2021October 29, 20210.400
June 15, 2021June 30, 2021July 30, 20210.400
March 12, 2021March 31, 2021April 30, 20210.300
2020December 17, 2020December 30, 2020January 29, 2021$0.300(2)
August 6, 2020September 30, 2020October 30, 20200.200
2019December 12, 2019December 30, 2019January 31, 2020$0.800(3)
September 12, 2019September 30, 2019October 31, 20190.800
June 12, 2019July 1, 2019July 31, 20190.800
March 6, 2019March 29, 2019April 30, 20190.800
 
(1)At December 31, 2021, the Company had accrued dividends and dividend equivalents payable of $47.8 million related to the common stock dividend declared on December 14, 2021. This dividend will be considered taxable income to the recipient in 2022. For more information see the Company’s 2021 Dividend Tax Information on its website.
(2)At December 31, 2020, we had accrued dividends and dividend equivalents payable of $34.0 million related to the common stock dividend declared on December 17, 2020. This dividend was considered taxable income to the recipient in 2021. For more information see our 2020 Dividend Tax Information on our website.
(3)At December 31, 2019, we had accrued dividends and dividend equivalents payable of $90.7 million related to the common stock dividend declared on December 12, 2019. This dividend was considered taxable income to the recipient in 2019. For more information see our 2019 Dividend Tax Information on our website.
Schedule of changes in balances in each component of the entity's AOCI
The following tables present changes in the balances of each component of the Company’s AOCI for the years ended December 31, 2021, 2020 and 2019:

For the Year Ended December 31, 2021
(In Thousands)Net Unrealized
Gain/(Loss) on
AFS Securities		Net 
Gain/(Loss)
on Swaps
Net Unrealized Gain/(Loss) on Financing Agreements (1)
Total 
AOCI
Balance at beginning of period$79,607 $— $(2,314)$77,293 
OCI before reclassifications(32,774)— 1,059 (31,715)
Amounts reclassified from AOCI (2)
— — — — 
Net OCI during the period (3)
(32,774)— 1,059 (31,715)
Balance at end of period$46,833 $— $(1,255)$45,578 

For the Year Ended December 31, 2020
(In Thousands)Net Unrealized
Gain/(Loss) on
AFS Securities		Net 
Gain/(Loss)
on Swaps
Net Unrealized Gain/(Loss) on Financing Agreements (1)
Total 
AOCI
Balance at beginning of period$392,722 $(22,675)$— $370,047 
OCI before reclassifications420,281 (50,127)(2,314)367,840 
Amounts reclassified from AOCI (2)
(733,396)72,802 — (660,594)
Net OCI during the period (3)
(313,115)22,675 (2,314)(292,754)
Balance at end of period$79,607 $— $(2,314)$77,293 

For the Year Ended December 31, 2019
(In Thousands)Net Unrealized
Gain/(Loss) on
AFS Securities		Net 
Gain/(Loss)
on Swaps		Total 
AOCI
Balance at beginning of period$417,167 $3,121 $420,288 
OCI before reclassifications20,335 (23,342)(3,007)
Amounts reclassified from AOCI (2)
(44,780)(2,454)(47,234)
Net OCI during the period (3)
(24,445)(25,796)(50,241)
Balance at end of period$392,722 $(22,675)$370,047 

(1)Net Unrealized Gain/(Loss) on Financing Agreements at Fair Value due to changes in instrument-specific credit risk.
(2)See separate table below for details about these reclassifications.
(3)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 years ended December 31, 2021, 2020, and 2019:
For the Year Ended December 31,
202120202019
Details about AOCI ComponentsAmounts Reclassified from AOCIAffected Line Item in the Statement
Where Net Income is Presented
(In Thousands)
AFS Securities:
Realized gain on sale of securities$— $(389,127)$(44,600)Net realized (loss)/gain on sales of securities and residential whole loans
Impairment recognized in earnings— (344,269)(180)Other, net
Total AFS Securities$— $(733,396)$(44,780)
Swaps designated as cash flow hedges:
Amortization of de-designated hedging instruments— 72,802 (2,454)Other, net
Total Swaps designated as cash flow hedges$— $72,802 $(2,454)
Total reclassifications for period$— $(660,594)$(47,234)