Shareholders' Equity

12 Months Ended

Dec. 31, 2013

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure

Note 10 — Shareholders’ Equity

Our amended and restated Articles of Incorporation provide for authorized Common Stock of 240,000,000 shares with no stated par value per share and 5,000,000 shares of preferred stock, $0.01 par value per share issuable in one or more series.

The components of accumulated other comprehensive loss as of December31, 2013 and 2012are as follows (in thousands): 

		2013		2012
Cumulative foreign currency translation adjustment	$	(10,697)	$	(15,667)
Unrealized loss on hedges, net (1)		(9,991)		-
Accumulated other comprehensive loss	$	(20,688)	$	(15,667)

(1) Amount at December31, 2013 is related to foreign currency hedges for the Grand Canyon, the Grand Canyon II and the Grand Canyon III as well as interest rate swap contracts we entered into in September2013, and is net of deferred income taxes totaling $5.4 million (Notes7 and 16).