CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)
In Thousands, except Share data, unless otherwise specified |
Total
|
Series C
|
Preferred Shares
Series B
|
Preferred Shares
Series C
|
Preferred Shares
Series D
|
Cumulative Preferred Distributions
|
Common Shares
|
Cumulative Common Distributions
|
Additional Paid in Capital
|
Cumulative Net Income
|
Cumulative Other Comprehensive Income (Loss)
|
---|---|---|---|---|---|---|---|---|---|---|---|
Balance at Dec. 31, 2010 | $ 2,860,241 | $ 83,306 | $ 306,833 | $ (183,401) | $ 1,234 | $ (2,854,644) | $ 3,462,169 | $ 2,042,513 | $ 2,231 | ||
Balance (in shares) at Dec. 31, 2010 | 3,450,000 | 12,700,000 | 123,444,235 | ||||||||
Increase (Decrease) in Shareholders' Equity | |||||||||||
Net income | 190,440 | 190,440 | |||||||||
Unrealized gain (loss) on investments | (626) | (626) | |||||||||
Common share grants | 1,366 | 1 | 1,365 | ||||||||
Common share grants (in shares) | 77,300 | ||||||||||
Distributions | (252,119) | (29,880) | (222,239) | ||||||||
Balance at Dec. 31, 2011 | 2,799,302 | 83,306 | 306,833 | (213,281) | 1,235 | (3,076,883) | 3,463,534 | 2,232,953 | 1,605 | ||
Balance (in shares) at Dec. 31, 2011 | 3,450,000 | 12,700,000 | 123,521,535 | ||||||||
Increase (Decrease) in Shareholders' Equity | |||||||||||
Net income | 151,923 | 151,923 | |||||||||
Unrealized gain (loss) on investments | 1,165 | 1,165 | |||||||||
Issuance of shares, net | 280,107 | 280,107 | |||||||||
Issuance of shares, net (in shares) | 11,600,000 | ||||||||||
Redemption of shares, net | (228,266) | (83,306) | (144,960) | ||||||||
Redemption of shares, net (in shares) | (3,450,000) | (6,000,000) | |||||||||
Common share grants | 2,595 | 1 | 2,594 | ||||||||
Common share grants (in shares) | 115,889 | ||||||||||
Excess of liquidation preference over carrying value of preferred shares redeemed | (7,984) | (7,984) | |||||||||
Distributions | (265,044) | (40,145) | (224,899) | ||||||||
Balance at Dec. 31, 2012 | 2,733,798 | 161,873 | 280,107 | (253,426) | 1,236 | (3,301,782) | 3,458,144 | 2,384,876 | 2,770 | ||
Balance (in shares) at Dec. 31, 2012 | 6,700,000 | 11,600,000 | 123,637,424 | ||||||||
Increase (Decrease) in Shareholders' Equity | |||||||||||
Net income | 133,178 | 133,178 | |||||||||
Unrealized gain (loss) on investments | 13,182 | 13,182 | |||||||||
Issuance of shares, net | 655,211 | 259 | 654,952 | ||||||||
Issuance of shares, net (in shares) | 25,875,000 | ||||||||||
Redemption of shares, net | (161,873) | (161,873) | |||||||||
Redemption of shares, net (in shares) | (6,700,000) | ||||||||||
Common share grants | 2,132 | 1 | 2,131 | ||||||||
Common share grants (in shares) | 93,600 | ||||||||||
Excess of liquidation preference over carrying value of preferred shares redeemed | (5,627) | (5,627) | |||||||||
Distributions | (283,146) | (26,559) | (256,587) | ||||||||
Balance at Dec. 31, 2013 | $ 3,086,855 | $ 280,107 | $ (279,985) | $ 1,496 | $ (3,558,369) | $ 4,109,600 | $ 2,518,054 | $ 15,952 | |||
Balance (in shares) at Dec. 31, 2013 | 11,600,000 | 149,606,024 |