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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Comprehensive income (loss):      
Net income (loss) $ (513,066) $ 670,114 $ 88,854
Other comprehensive income:      
Unrealized gains (losses) on available-for-sale securities, net (175,709) (115,926) (94,136)
Reclassification adjustment for net realized losses (gains) included in net income 0 (37,116) (56,104)
Other comprehensive income (loss) (175,709) (153,042) (150,240)
Comprehensive income (loss) before preferred stock dividends (688,775) 517,072 (61,386)
Dividends on preferred stock 73,765 73,764 73,750
Comprehensive income (loss) available to common stock shareholders $ (762,540) $ 443,308 $ (135,136)