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Equity
9 Months Ended
Sep. 30, 2017
Stockholders' Equity Note [Abstract]  
Equity Equity
A summary of the changes in equity was as follows:
Nine Months Ended September 30, 2017
Total
Equity

 
(In thousands)
Balance at December 31, 2016
$
2,316,244

Net income
165,891

Other comprehensive income
392

Dividends declared on preferred stocks
(171
)
Dividends declared on common stock
(112,788
)
Stock-based compensation
2,390

Repurchase of common stock
(1,684
)
Issuance of common stock upon vesting of stock-based compensation, net of shares used for tax withholdings
(757
)
Redemption of preferred stock
(15,600
)
Balance at September 30, 2017
$
2,353,917



Effective April 1, 2017, all outstanding preferred stock, including $300,000 of redeemable preferred stock classified as long-term debt, was redeemed for a repurchase price of approximately $15.9 million.
Nine Months Ended September 30, 2016
Total Stockholders' Equity

Noncontrolling Interest

Total
Equity

 
(In thousands)
Balance at December 31, 2015
$
2,396,505

$
124,043

$
2,520,548

Net loss
(1,297
)
(131,691
)
(132,988
)
Other comprehensive loss
(743
)

(743
)
Dividends declared on preferred stocks
(514
)

(514
)
Dividends declared on common stock
(109,858
)

(109,858
)
Stock-based compensation
2,955


2,955

Issuance of common stock upon vesting of stock-based compensation, net of shares used for tax withholdings
(323
)

(323
)
Net tax deficit on stock-based compensation
(1,664
)

(1,664
)
Contribution from noncontrolling interest

7,648

7,648

Balance at September 30, 2016
$
2,285,061

$

$
2,285,061