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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Share capital
Additional paid-in capital
Contributed surplus
Accumulated other comprehensive loss
Accumulated other comprehensive loss – associated companies
Retained earnings
Balance, at beginning of year at Dec. 31, 2012 $ 994,768 $ 85,225 $ 144,258 $ 561,372 $ (79,421) $ (5,176) $ 288,510
Balance, at beginning of year (in shares) at Dec. 31, 2012 85,225,000 85,225,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Payments in lieu of issuing shares $ (448)   (448)        
Amortization of stock based compensation 220   220        
Shares issued $ 128,915 $ 8,035 120,880        
Shares issued (in shares) 8,035,000 8,035,000          
Equity component of convertible bond issuance, net $ 20,722   20,722        
Amortization of deferred equity contributions 20,197     20,197      
(Gain)/loss on hedging financial instruments reclassified into earnings 2,102       2,102    
Fair value adjustments to hedging financial instruments 41,827       41,827    
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI for Write-down of Securities, Net of Tax 0       0    
Fair value adjustments to available for sale securities 699       699    
Other items of comprehensive (loss)/income (58)       (58)    
Fair value adjustments to hedging financial instruments in associated companies 2,897         2,897  
Net income 89,206           89,206
Dividends declared (109,114)           (109,114)
Balance, at end of year at Dec. 31, 2013 $ 1,191,933 $ 93,260 285,632 581,569 (34,851) (2,279) 268,602
Balance, at end of year (in shares) at Dec. 31, 2013 93,260,000 93,260,000          
Accumulated other comprehensive loss              
Fair value adjustments to hedging financial instruments $ (36,110)            
Fair value adjustments to available for sale securities 1,268            
Other items (9)            
Accumulated other comprehensive loss (34,851)            
Payments in lieu of issuing shares (1,196)   (1,196)        
Amortization of stock based compensation 29   29        
Shares issued $ 927 $ 144 783        
Shares issued (in shares) 144,000 144,000          
Equity component of convertible bond issuance, net $ 0   0        
Amortization of deferred equity contributions 4,520     4,520      
(Gain)/loss on hedging financial instruments reclassified into earnings (4,504)       (4,504)    
Fair value adjustments to hedging financial instruments (351)       (351)    
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI for Write-down of Securities, Net of Tax 0       0    
Fair value adjustments to available for sale securities (8,355)       (8,355)    
Other items of comprehensive (loss)/income (179)       (179)    
Fair value adjustments to hedging financial instruments in associated companies (5)         (5)  
Net income 122,815           122,815
Dividends declared (152,142)           (152,142)
Balance, at end of year at Dec. 31, 2014 $ 1,153,492 $ 93,404 285,248 586,089 (48,240) (2,284) 239,275
Balance, at end of year (in shares) at Dec. 31, 2014 93,404,000 93,404,000          
Accumulated other comprehensive loss              
Fair value adjustments to hedging financial instruments $ (40,965)            
Fair value adjustments to available for sale securities (7,087)            
Other items (188)            
Accumulated other comprehensive loss (48,240)            
Payments in lieu of issuing shares 0   0        
Amortization of stock based compensation 0   0        
Shares issued $ 675 $ 64 611        
Shares issued (in shares) 64,000 64,000          
Equity component of convertible bond issuance, net $ 0   0        
Amortization of deferred equity contributions 2,044     2,044      
(Gain)/loss on hedging financial instruments reclassified into earnings (1,348)       (1,348)    
Fair value adjustments to hedging financial instruments 27,154       27,154    
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI for Write-down of Securities, Net of Tax 20,552       20,552    
Fair value adjustments to available for sale securities 981       981    
Other items of comprehensive (loss)/income (136)       (136)    
Fair value adjustments to hedging financial instruments in associated companies 158         158  
Net income 200,832           200,832
Dividends declared (162,594)           (162,594)
Balance, at end of year at Dec. 31, 2015 $ 1,241,810 $ 93,468 $ 285,859 $ 588,133 $ (1,037) $ (2,126) $ 277,513
Balance, at end of year (in shares) at Dec. 31, 2015 93,468,000 93,468,000          
Accumulated other comprehensive loss              
Fair value adjustments to hedging financial instruments $ (15,159)            
Fair value adjustments to available for sale securities 14,446            
Other items (324)            
Accumulated other comprehensive loss $ (1,037)