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EARNINGS PER COMMON SHARE (DETAILS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Basic earnings (loss) per common share        
Net income (loss) $ 189,066 $ 110,287 $ 324,905 $ (264,254)
Less preferred share dividends 11,527 9,219 20,746 18,438
Loss on repurchase of preferred shares 9,387 0 14,009 0
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 0 2,915 0 0
Stock compensation plans 1,160 1,322 1,023 0
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