XML 133 R120.htm IDEA: XBRL DOCUMENT v2.4.0.8
Equity Narratives (Details) (USD $)
0 Months Ended 3 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2013
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2013
Convertible Series 2004-1 Preferred Stock [Member]
Dec. 31, 2013
Series O Preferred Stock [Member]
May 13, 2011
Mandatory Convertible Series 2008-I [Member]
Dec. 31, 2011
Mandatory Convertible Series 2008-I [Member]
Sep. 07, 2008
Series 2008-2 Senior Preferred Stock [Member]
Sep. 08, 2008
Series 2008-2 Senior Preferred Stock [Member]
Dec. 31, 2013
Series 2008-2 Senior Preferred Stock [Member]
Dec. 31, 2012
Series 2008-2 Senior Preferred Stock [Member]
Dec. 31, 2011
Series 2008-2 Senior Preferred Stock [Member]
Dec. 31, 2010
Series 2008-2 Senior Preferred Stock [Member]
Dec. 31, 2013
Minimum [Member]
Series O Preferred Stock [Member]
Dec. 31, 2013
Maximum [Member]
Series O Preferred Stock [Member]
May 13, 2011
Common Stock [Member]
Dec. 31, 2011
Common Stock [Member]
Dec. 31, 2013
US Treasury [Member]
Dec. 31, 2012
US Treasury [Member]
Sep. 07, 2008
US Treasury [Member]
Class of Stock [Line Items]                                            
Common stock outstanding 1,158,080,657 1,158,080,657 1,158,080,657 1,158,077,970                                    
Percentage of common shares attributable to warrants issued to Treasury as a percentage to total diluted common shares upon exercise of the right 79.90% 79.90% 79.90%                                 79.90%   79.90%
Conversion price per share           $ 94.31                                
Conversion rate           1,060.3329                                
Preferred stock redemption price per share           $ 105,000                   $ 50 $ 52.5          
Shares of common stock issued upon conversion of convertible preferred stocks                                   36,398,449 38,669,995      
Preferred stock, annual dividend rate           5.375% [1] 7.00% [2] 8.75% 8.75%             7.00%            
Shares of convertible preferred stock converted               20,018,947 21,493,217                          
Shares of variable liquidation preference senior preferred stock issued                   1,000,000                        
Aggregate liquidation preference of senior preferred stock                     $ 1,000,000,000                 $ 117,100,000,000    
Value assigned to Treasury's commitment and recorded as a reduction to additional paid-in-capital                     4,500,000,000                      
Senior preferred stock liquidation preference per share                     $ 1,000 $ 117,149 [3]                    
Capital Reserve Amount, current Year, Senior Preferred Stock Purchase Agreement, Amendment 3,000,000,000 3,000,000,000 3,000,000,000                                 3,000,000,000    
Aggregate funding received from US Treasury pursuant to the senior preferred stock purchase agreement 116,100,000,000 116,100,000,000 116,100,000,000                                 116,100,000,000 116,100,000,000  
Dividends declared on our senior preferred stock     82,452,000,000 11,608,000,000 9,613,000,000             82,500,000,000 11,608,000,000   9,613,000,000              
Capital reserve amount for the next fiscal year based on the amended Senior Preferred Stock Purchase agreement 2,400,000,000 2,400,000,000 2,400,000,000                                 2,400,000,000    
Payment of cash dividends on senior preferred stock 8,600,000,000 8,600,000,000 82,452,000,000 11,608,000,000 9,613,000,000             82,500,000,000 11,608,000,000 9,613,000,000                
Annual reduction of capital reserve from 2013 to 2018 based on the Senior Preferred Stock Purchase Agreement, Amendment 600,000,000 600,000,000 600,000,000                                 600,000,000    
Common stock warrant exercise price per share                                           0.00001
Initial aggregate liquidation preference of senior preferred stock held by US Treasury                                       1,000,000,000    
Total remaining funding available from US Treasury pursuant to the senior preferred stock agreement                                       117,600,000,000    
Preferred Stock Covenant Maximum Fair Market Value of assets and properties per transaction                       250,000,000                    
Preferred Stock, Covenant, Maximum Aggregate Debt Amount, Current Period                       780,000,000,000                    
Preferred Stock, Covenant, Current Period Debt v.s. Maximum Mortgage Assets Allowed at Prior Year End, Maximum Ratio                       120.00%                    
Preferred Stock, Covenant, Maximum Mortgage Assets                       552,500,000,000.0                    
Preferred Stock, Covenant, Mortgage Assets at Year End, Maximum Ratio of Proceeding Year End                       85.00%                    
Preferred Stock, Covenant, Mortgage Asset Floor Amount                       250,000,000,000.0                    
Capital reserve amount on January 2018 $ 0 $ 0 $ 0                                      
[1] Issued and outstanding shares were 24,922 as of December 31, 2013 and 2012, respectively.
[2] Rate effective December 31, 2013. Variable dividend rate resets quarterly thereafter at a per annum rate equal to the greater of 7.00% or 10-year CMT rate plus 2.375%.
[3] Initial stated value per share was $1,000. Based on our draws of funds under the senior preferred stock purchase agreement with Treasury, the stated value per share on December 31, 2013 was $117,149