Preferred Stock (Tables)

3 Months Ended

Mar. 31, 2016

Preferred Stock, Including Additional Paid in Capital [Abstract]

Schedule of Stock by Class [Table Text Block]

The following table summarizes information about our Series A preferred stock.

	March 31, 2016			December 31, 2015
Series A preferred stock (a) (b)
Carrying value ($ in millions)	$	696		$	696
Par value (per share)	0.01			0.01
Liquidation preference (per share)	25			25
Number of shares authorized	40,870,560			40,870,560
Number of shares issued and outstanding	27,870,560			27,870,560
Dividend/coupon
Prior to May 15, 2016	8.5		%	8.5		%
On and after May 15, 2016	Three month LIBOR + 6.243%			Three month LIBOR + 6.243%

(a) Nonredeemable prior to May 15, 2016.

(b) On April 14, 2016, we issued a Notice of Redemption to the holders of the outstanding Series A Preferred Stock to redeem the remaining 27,870,560 shares at a redemption price of $25 per share.We plan to redeem the outstanding shares on May 16, 2016.