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Note 13 - Preferred Stock and Common Stock | 6 Months Ended
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Jun. 30, 2018
Notes to Financial Statements |
Stockholders' Equity Note Disclosure [Text Block] | 13. Preferred Stock and Common Stock The Company’s outstanding Preferred Stock is detailed below:
As of June 30 , 2018
Class of Preferred Stock |  | Shares Authorized |  |  | Shares Issued and Outstanding |  |  | Liquidation Preference (in thousands) |  |  | Dividend Rate |  |  | Annual Dividend per Depositary Share |  |  | Par Value |  | Optional Redemption Date
Class I |  |  | 18,400 |  |  |  | 7,000 |  |  | $ | 175,000 |  |  |  | 6.000 | % |  | $ | 1.50000 |  |  | $ | 1.00 |  | 3/20/2017
Class J |  |  | 9,000 |  |  |  | 9,000 |  |  |  | 225,000 |  |  |  | 5.500 | % |  | $ | 1.37500 |  |  | $ | 1.00 |  | 7/25/2017
Class K |  |  | 8,050 |  |  |  | 7,000 |  |  |  | 175,000 |  |  |  | 5.625 | % |  | $ | 1.40625 |  |  | $ | 1.00 |  | 12/7/2017
Class L |  |  | 10,350 |  |  |  | 9,000 |  |  |  | 225,000 |  |  |  | 5.125 | % |  | $ | 1.28125 |  |  | $ | 1.00 |  | 8/16/2022
Class M (1) |  |  | 10,580 |  |  |  | 10,580 |  |  |  | 264,500 |  |  |  | 5.250 | % |  | $ | 1.31250 |  |  | $ | 1.00 |  | 12/20/2022
|  |  |  |  |  |  | 42,580 |  |  | $ | 1,064,500 |  |  |  |  |  |  |  |  |  |  |  |  |  |
( 1 ) | During January 2018, the underwriting financial institutions for the Class M Preferred Stock issuance elected to exercise the over-allotment option and as a result, the Company issued an additional 1,380,000 Class M Depositary Shares, each representing a one -thousandth fractional interest in a share of the Company's 5.250% Class M Cumulative Redeemable Preferred Stock, $1.00 par value per share. The Company received net proceeds before expenses of $33.4 million from this over-allotment issuance.
As of December 31, 2017
Class of Preferred Stock |  | Shares Authorized |  |  | Shares Issued and Outstanding |  |  | Liquidation Preference (in thousands) |  |  | Dividend Rate |  |  | Annual Dividend per Depositary Share |  |  | Par Value |  | Optional Redemption Date
Class I |  |  | 18,400 |  |  |  | 7,000 |  |  | $ | 175,000 |  |  |  | 6.000 | % |  | $ | 1.50000 |  |  | $ | 1.00 |  | 3/20/2017
Class J |  |  | 9,000 |  |  |  | 9,000 |  |  |  | 225,000 |  |  |  | 5.500 | % |  | $ | 1.37500 |  |  | $ | 1.00 |  | 7/25/2017
Class K |  |  | 8,050 |  |  |  | 7,000 |  |  |  | 175,000 |  |  |  | 5.625 | % |  | $ | 1.40625 |  |  | $ | 1.00 |  | 12/7/2017
Class L |  |  | 10,350 |  |  |  | 9,000 |  |  |  | 225,000 |  |  |  | 5.125 | % |  | $ | 1.28125 |  |  | $ | 1.00 |  | 8/16/2022
Class M |  |  | 10,580 |  |  |  | 9,200 |  |  |  | 230,000 |  |  |  | 5.250 | % |  | $ | 1.31250 |  |  | $ | 1.00 |  | 12/20/2022
|  |  |  |  |  |  | 41,200 |  |  | $ | 1,030,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
During February 2018, the Company’s Board of Directors authorized a share repurchase program, which is effective for a term of two years, pursuant to which the Company may repurchase shares of its common stock, par value $0.01 per share, with an aggregate gross purchase price of up to $300.0 million. During the six months ended June 30, 2018, the Company repurchased 5,100,000 shares for an aggregate purchase price of $75.1 million (weighted average price of $14.72 per share). As of June 30, 2018, the Company had $224.9 million available under this common share repurchase program.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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