v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock Par Value
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Cumulative Earnings
Cumulative Distributions to Stockholders
Series A Preferred Stock Par Value
Series A Preferred Stock Par Value
Preferred Stock
Series B Preferred Stock Par Value
Series B Preferred Stock Par Value
Preferred Stock
Series C Preferred Stock Par Value
Series C Preferred Stock Par Value
Preferred Stock
Series D Preferred Stock Par Value
Series D Preferred Stock Par Value
Preferred Stock
Beginning Balance at Dec. 31, 2024 $ 2,526,189 $ 809 $ 4,390,516 $ 159,449 $ 4,341,111 $ (6,366,068)   $ 58   $ 130   $ 104   $ 80
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) 202,747       202,747                  
Other comprehensive income (loss) (7,014)     (7,014)                    
Stock based compensation 5,887 1 5,886                      
Non-cash contribution from related party 682   682                      
Common dividends declared (61,177)         (61,177)                
Preferred dividends declared (42,783)         (42,783) $ (6,000)   $ (17,000)   $ (10,000)   $ (10,000)  
Ending Balance at Jun. 30, 2025 2,624,531 810 4,397,084 152,435 4,543,858 (6,470,028)   58   130   104   80
Beginning Balance at Mar. 31, 2025 2,644,064 810 4,394,600 157,770 4,508,408 (6,417,896)   58   130   104   80
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) 35,450       35,450                  
Other comprehensive income (loss) (5,335)     (5,335)                    
Stock based compensation 2,143   2,143                      
Non-cash contribution from related party 341   341                      
Common dividends declared (30,706)         (30,706)                
Preferred dividends declared (21,426)         (21,426) (3,000)   (8,000)   (5,000)   (5,000)  
Ending Balance at Jun. 30, 2025 2,624,531 810 4,397,084 152,435 4,543,858 (6,470,028)   58   130   104   80
Beginning Balance at Dec. 31, 2025 2,572,694 834 4,429,011 146,295 4,571,610 (6,575,426)   58   130   104   80
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) (26,541)       (26,541)                  
Other comprehensive income (loss) (17,311)     (17,311)                    
Stock based compensation 5,679 3 5,676                      
Non-cash contribution from related party 682   682                      
Common dividends declared (77,100)         (77,100)                
Preferred dividends declared (42,478)         (42,478) (6,000)   (16,000)   (11,000)   (9,000)  
Ending Balance at Jun. 30, 2026 2,415,626 837 4,435,369 128,984 4,545,067 (6,695,003)   58   130   104   80
Beginning Balance at Mar. 31, 2026 2,463,759 836 4,432,076 137,737 4,527,698 (6,634,960)   58   130   104   80
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) 17,369       17,369                  
Other comprehensive income (loss) (8,753)     (8,753)                    
Stock based compensation 2,953 1 2,952                      
Non-cash contribution from related party 341   341                      
Common dividends declared (38,662)         (38,662)                
Preferred dividends declared (21,381)         (21,381) $ (3,000)   $ (8,000)   $ (6,000)   $ (5,000)  
Ending Balance at Jun. 30, 2026 $ 2,415,626 $ 837 $ 4,435,369 $ 128,984 $ 4,545,067 $ (6,695,003)   $ 58   $ 130   $ 104   $ 80