EARNINGS PER COMMON SHARE (TABLES)

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

BASIC AND DILUTED EARNINGS PER COMMON SHARE [Table Text Block]

	Three months ended June 30,				Six months ended June 30,
	2012		2011		2012		2011
Basic earnings (loss) per common share
Net income (loss)	$	189,066	$	110,287	$	324,905	$	(264,254	)
Less preferred shares dividends	11,527		9,219		20,746		18,438
Loss on repurchase of preferred shares	9,387		—		14,009		—
Net income (loss) available to common shareholders	168,152		101,068		290,150		(282,692		)
Weighted average number of common shares outstanding - basic	123,823		124,132		124,802		118,771
Basic earnings (loss) per common share	$	1.36	$	0.81	$	2.32	$	(2.38	)
Diluted earnings (loss) per common share
Net income (loss) available to common shareholders	$	168,152	$	101,068	$	290,150	$	(282,692	)
Weighted average number of common shares outstanding - basic	123,823		124,132		124,802		118,771
Warrants	—		2,915		—		—
Stock compensation plans	1,160		1,322		1,023		—
Weighted average number of common shares outstanding - diluted	124,983		128,369		125,825		118,771
Diluted earnings (loss) per common share	$	1.35	$	0.79	$	2.31	$	(2.38	)
Anti-dilutive shares excluded from the dilutive computation	539		894		1,220		9,567