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Dividends (Tables)
12 Months Ended
Dec. 31, 2015
Dividends [Abstract]  
Summary of dividends declared and paid per share
The following table provides a summary of dividends declared and paid per share:

 
Year Ended December 31,
 
2015
 
2014
 
2013
 
Declared
 
Paid
 
Declared
 
Paid
 
Declared
 
Paid
Common shares
$
3.620

 
$
3.550

 
$
3.300

 
$
3.210

 
$
3.020

 
$
2.970

5.417% Series 1 Cumulative Convertible Preferred shares
$
1.354

 
$
1.354

 
$
1.354

 
$
1.354

 
$
1.354

 
$
1.354

Summary of income tax status of dividends per share paid
A summary of the income tax status of dividends per share paid is as follows:
 
 
Year Ended December 31,
2015
 
2014
 
2013
Common shares
 
 
 
 
 
Ordinary dividend
$
3.515

 
$
3.178

 
$
2.911

Capital gain
0.035

 
0.032

 
0.059

 
$
3.550

 
$
3.210

 
$
2.970

5.417% Series 1 Cumulative Convertible Preferred shares
 
 
 
 
 
Ordinary dividend
$
1.340

 
$
1.340

 
$
1.327

Capital gain
0.014

 
0.014

 
0.027

 
$
1.354

 
$
1.354

 
$
1.354