XML 120 R20.htm IDEA: XBRL DOCUMENT v2.4.1.9
Shareholders Equity
12 Months Ended
Dec. 31, 2014
Shareholders' Equity [Abstract]  
Shareholders' Equity

12. Shareholders' Equity

 

Common Shares

 

As of December 31, 2014, there were 187,887,498 common shares outstanding. During 2014, we paid an aggregate of $547,831,000 of common dividends comprised of quarterly common dividends of $0.73 per share.

(Amounts in thousands, except share and Balance as of Shares Outstanding at Per Share Annual
per share amounts) December 31, December 31, Liquidation Dividend
Preferred Shares 2014 2013 2014 2013 Preference Rate(1)
Convertible Preferred:                
 6.5% Series A: authorized 83,977 shares(2) $ 1,393 $ 1,592  28,939  32,807 $ 50.00 $ 3.25
Cumulative Redeemable:                
 6.625% Series G: authorized 8,000,000 shares(3)   193,135   193,135  8,000,000  8,000,000 $ 25.00 $ 1.65625
 6.625% Series I: authorized 10,800,000 shares(3)   262,379   262,379  10,800,000  10,800,000 $ 25.00 $ 1.65625
 6.875% Series J: authorized 9,850,000 shares(3)   238,842   238,842  9,850,000  9,850,000 $ 25.00 $ 1.71875
 5.70% Series K: authorized 12,000,000 shares(3)   290,971   290,971  12,000,000  12,000,000 $ 25.00 $ 1.425
 5.40% Series L: authorized 12,000,000 shares(3)   290,306   290,306  12,000,000  12,000,000 $ 25.00 $ 1.35
   $ 1,277,026 $ 1,277,225  52,678,939  52,682,807      
                  
                  
(1)Dividends on preferred shares are cumulative and are payable quarterly in arrears.
                  
(2)Redeemable at our option under certain circumstances, at a redemption price of 1.4334 common shares per Series A Preferred Share plus accrued and unpaid dividends through the date of redemption, or convertible at any time at the option of the holder for 1.4334 common shares per Series A Preferred Share.
                  
(3)Redeemable at our option at a redemption price of $25.00 per share, plus accrued and unpaid dividends through the date of redemption.
                  

Accumulated Other Comprehensive Income (Loss)

 

The following tables set forth the changes in accumulated comprehensive income (loss) by component.

 

    For the Year Ended December 31, 2014
      Securities Pro rata share of Interest  
      available- nonconsolidated rate  
(Amounts in thousands) Total for-sale subsidiaries' OCI swap Other
Balance as of December 31, 2013 $ 71,537 $ 119,309 $ (11,501) $ (31,882) $ (4,389)
Net current period OCI   21,730   14,465   2,509   6,079   (1,323)
Balance as of December 31, 2014 $ 93,267 $ 133,774 $ (8,992) $ (25,803) $ (5,712)