Equity (Tables)

12 Months Ended

Dec. 31, 2011

Stockholders' Equity Note [Abstract]

Schedule of Change in Preferred and Common Shares Issued and Common Shares Held as Treasury Shares

The following table shows the change in preferred and common shares issued and common shares held as treasury shares for the three years ended December 31, 2011.

(in thousands)	Preferred Shares Issued	Common Shares Issued		Treasury Shares Held
Balance at December 31, 2008	968	336,011		5,677
Issuance (forfeitures) of non-vested stock, net	—	(34	)	—
Restricted share unit activity	—	39		—
Stock options exercised	—	54		—
Treasury shares purchased	—	—		9
Issuance of common stock	—	150,000		—
Exchange of subordinated notes due 2013 for    common stock	—	9,444		—
Balance at December 31, 2009	968	495,514		5,686
Issuance (forfeitures) of non-vested stock, net	—	(9	)	—
Restricted share unit activity	—	44		—
Stock options exercised	—	1		—
Treasury shares purchased	—	—		7
Issuance of common stock	—	293,250		—
Settlement of prepaid common stock purchase    contracts	—	2,156		—
Balance at December 31, 2010	968	790,956		5,693
Issuance (forfeitures) of non-vested stock, net	—	(1	)	—
Restricted share unit activity	—	19		—
Settlement of prepaid common stock purchase    contracts	—	15		—
Balance at December 31, 2011	968	790,989		5,693

Schedule of Aggregate Values Assigned to Each Component of tMEDS Offering

The aggregate values assigned to each component of the tMEDS offering are as follows:

(in thousands, except per unit amounts)	Equity Component		Debt Component	tMEDS Total
Units issued (1)	13,800		13,800	13,800
Unit price	$	19.901803	5.098197	25.00
Gross proceeds	274,645		70,355	345,000
Issuance costs	9,081		2,342	11,423
Net proceeds	$	265,564	68,013	333,577
Impact on Consolidated Balance Sheet:
Other assets (prepaid issuance costs)	$	—	2,342	2,342
Long-term debt	—		70,355	70,355
Additional paid-in capital	265,564		—	265,564

⁽¹⁾  There are two components of each tMEDS unit; therefore, there are 13.8 million units of the equity component, 13.8 million units of the debt component, and 13.8 million units of tMEDS, which includes both the debt and equity components.

Schedule of Weighted of the Volume Average Price of Common Stock

Applicable Market Value of Synovus Common Stock	Settlement Rate
Less than or equal to $2.75	9.0909
Between $2.75 and $3.30	Number of shares equal to $25, divided by the applicable market price
Greater than or equal to $3.30	7.5758