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Equity and Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Assumptions used to estimate the fair value of the stock options and their results
In 2014, 2013 and 2012, there were no stock option grants.
Stock options activity
The following is a summary of stock option activity for the year ended December 31, 2014:
 
Number of
Options
(000s)
 
Weighted Average
Exercise Price Per Option
Outstanding, beginning of year
3,078

 
$
22.90

Exercised
(206
)
 
$
8.26

Forfeited/Expired
(661
)
 
$
28.18

Outstanding, end of year
2,211

 
$
22.69

Options exercisable at end of year
2,180

 
$
22.89
Summary of restricted stock activity
The following table summarizes restricted stock activity during 2014:
 
Number of
Shares
(000s)
 
Weighted-Average Grant Date
Fair Value
Non-vested restricted stock at beginning of year
450

 
$
8.00

Granted
138

 
$
10.75

Vested
(236
)
 
$
8.00

Forfeited
(10
)
 
$
9.48

Non-vested restricted stock at end of year
342

 
$
9.08
Summary of regular RSU activity
The following table summarizes time-vested RSU activity for 2014 (in thousands):
Outstanding at beginning of year
58

Vested
(58
)
Outstanding at end of year
—
Summary of all performance-based RSU activity
The following table summarizes the performance-based RSU activity for 2014 (in thousands):
Outstanding at beginning of year
755

Granted
205

Exercised
(150
)
Forfeited
(14
)
Outstanding at end of year
796
Summary of distribution of taxable income
The following reconciles dividends paid and dividends applied in 2014, 2013, and 2012 to meet REIT distribution requirements (in thousands):
 
2014
 
2013
 
2012
Common and preferred dividends paid
$
64,510

 
$
37,200

 
$
31,655

Dividends treated as taxable compensation
(110
)
 
(98
)
 
(147
)
Portion of dividends declared in current year, and paid in current year, which was applied to the prior year distribution requirements
(2,182
)
 
(470
)
 
—

Portion of dividends declared in subsequent year, and paid in subsequent year, which apply to current year distribution requirements
—

 
2,182

 
470

Dividends applied to meet current year REIT distribution requirements
$
62,218

 
$
38,814

 
$
31,978
Summary of components of the taxability of the Company's dividends
The following summarizes the components of the taxability of the Company’s distributions for the years ended December 31, 2014, 2013, and 2012:
 
Total 
Distributions
Per Share
 
Ordinary
Dividends
 
Long-Term
Capital Gain
 
Unrecaptured
Section 1250
Gain (A)
 
Cash Liquidation Distributions
Common:
 
 
 
 
 
 
 
 
 
2014
$
0.300000

 
$
0.281564

 
$
0.018436

 
$
0.018436

 
$
—

2013
$
0.180000

 
$
0.170355

 
$
0.009645

 
$
0.009457

 
$
—

2012
$
0.180000

 
$
0.124724

 
$
0.055276

 
$
0.055276

 
$
—

Series A Preferred:
 
 
 
 
 
 
 
 
 
2014
$
—

 
$
—

 
$
—

 
$
—

 
$
—

2013
$
0.968750

 
$
0.966882

 
$
0.001868

 
$
—

 
$
25.000000

2012
$
1.937500

 
$
1.342220

 
$
0.595280

 
$
0.595280

 
$
—

Series B Preferred:
 
 
 
 
 
 
 
 
 
2014
$
25.776040

 
$
0.467750

 
$
0.001000

 
$
0.001000

 
$
25.307290

2013
$
1.875000

 
$
1.774673

 
$
0.100327

 
$
0.098519

 
$
—

2012
$
1.875000

 
$
1.298222

 
$
0.576078

 
$
0.576078

 
$
—

 
(A)
Represents a portion of the dividend allocated to long-term capital gain.