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EARNINGS PER COMMON SHARE (TABLES)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
BASIC AND DILUTED EARNINGS PER COMMON SHARE [Table Text Block]
 
 
 
 
 
 
 
 
 
At and year ended December 31,
2013
 
2012
 
2011
 
 
 
 
 
 
 
 
 
 
Basic earnings per common share
 
 
 
 
 
 
 
Net income
$
727,465

 
$
547,241

 
$
46,305

 
 
Less: preferred share dividends
40,474

 
38,228

 
36,875

 
 
Less: loss on repurchase of preferred shares
3,081

 
14,009

 

 
 
Net income available to common shareholders
683,910

 
495,004

 
9,430

 
 
Weighted average common shares outstanding - basic
113,636

 
122,148

 
122,499

 
 
Basic earnings per common share
$
6.02

 
$
4.05

 
$
0.08

 
 
 
 
 
 
 
 
 
 
Diluted earnings per common share
 
 
 
 
 
 
 
Net income available to common shareholders
$
683,910

 
$
495,004

 
$
9,430

 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
113,636

 
122,148

 
122,499

 
 
Warrants

 

 
4,292

 
 
Stock compensation plans
1,692

 
1,506

 
1,331

 
 
Weighted average common shares outstanding - diluted
115,328

 
123,654

 
128,122

 
 
Diluted earnings per common share
$
5.93

 
$
4.00

 
$
0.07

 
 
 
 
 
 
 
 
 
 
Anti-dilutive shares excluded from the dilutive computation
250

 
614

 
1,134