XML 90 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
Subsequent Events (Tables)
3 Months Ended
Mar. 31, 2014
Subsequent Events [Abstract]  
Schedule of Conversions of Stock
Conversions of shares of AAG Series A Preferred Stock into shares of AAG Common Stock subsequent to the reporting date consisted of the remaining optional and mandatory conversions through April 8, 2014. These conversions are presented in the table below (in thousands):
Conversion date
 
Conversion type
 
Shares converted
 
Increase (decrease) in AAG preferred shares outstanding
 
Increase (decrease) in AAG common shares outstanding
April 1, 2014
 
Optional
 
30
 
(30)
 
23
April 2, 2014
 
Optional
 
294
 
(294)
 
222
April 8, 2014
 
Mandatory
 
17,230
 
(17,230)
 
13,007
 
 
 
 
17,554
 
(17,554)
 
13,252
Shares distributed as of April 8, 2014, in settlement of the Company's bankruptcy settlement obligations, are presented in the table below (in thousands):
Conversion date
 
Preferred conversion
 
Single-dip distribution
 
Labor distribution
 
Legacy AAMRQ holders
 
Increase in AAG Common Shares outstanding
April 8, 2014
 
13,252
 
48,219
 
8,902
 
72,383
 
142,756