Subsequent Events

6 Months Ended

Jun. 30, 2014

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

Stock Repurchase Program — The Company continued stock repurchases after June 30, 2014 under its stock repurchase program. For additional information on stock repurchases after the quarter, see Note 11— Equity.

Dividends —On July 15, 2014 the Company's Board of Directors declared a dividend of $0.05 per outstanding common share payable on August 15, 2014 to the shareholders of record at the close of business on August 1, 2014.

Masinloc Sale — The sale of a noncontrolling interest in Masinloc closed on July 15, 2014. See Note 11 — Equity for further information.

Silver Ridge Sale — The sale of the Company's ownership in Silver Ridge Power closed on July 2, 2014. See Note 16 — Other Non-Operating Expense for further information.

Recourse Debt Transaction - On July 25, 2014 the Company issued two notices to call $320 million aggregate principal amount of unsecured notes. See Note 8 — Debt for further information.