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CAPITAL TRANSACTIONS
9 Months Ended
Sep. 30, 2015
CAPITAL TRANSACTIONS [Abstract]  
CAPITAL TRANSACTIONS
NOTE 8 ¾ CAPITAL TRANSACTIONS

During the quarter and nine months ended September 30, 2015, Capstead issued an additional 47,000 and 515,000 shares of its 7.50% Series E Cumulative Redeemable Preferred Stock through an at-the-market continuous offering program at average prices of $24.38 and $24.63, net of underwriting fees and other costs, for net proceeds of $1.1 million and $12.7 million, respectively.