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CAPITAL TRANSACTIONS
3 Months Ended
Mar. 31, 2016
CAPITAL TRANSACTIONS [Abstract]  
CAPITAL TRANSACTIONS
NOTE 8 ¾ CAPITAL TRANSACTIONS

During the quarter ended March 31, 2016, Capstead issued an additional 8,000 shares of its 7.50% Series E Cumulative Redeemable Preferred Stock through an at-the-market continuous offering program at an average price of $23.93, net of underwriting fees and other costs, for net proceeds of $198,000.