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Capital Structure (Tables)
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Summary of Authorized and Issued Share Capital
The following table provides a summary of the Company’s authorized and issued share capital as at March 31, 2019 and December 31, 2018:
 
As at March 31, 2019
 
As at December 31, 2018
 
Number
 
$ in
Thousands
 
Number
 
$ in
Thousands
Authorized share capital:
 
 
 
 
 
 
 
Ordinary Shares $0.01 per share (2018: 0.15144558¢ per share)
70,000,000

 
700

 
969,629,030

 
1,469

Non-Voting Shares 0.15144558¢ per share

 

 
6,787,880

 
10

Preference Shares 0.15144558¢ per share
30,000,000

 
45

 
100,000,000

 
152

Total authorized share capital
 
 
745

 
 
 
1,631

Issued share capital:
 
 
 
 
 
 
 
Issued ordinary shares of $0.01 per share (2018: 0.15144558¢ per share)
60,395,839

 
604

 
59,743,156

 
90

Issued 5.95% preference shares of 0.15144558¢ each with a liquidation preference of $25 per share
11,000,000

 
17

 
11,000,000

 
17

Issued 5.625% preference shares of 0.15144558¢ each with a liquidation preference of $25 per share
10,000,000

 
15

 
10,000,000

 
15

Total issued share capital
 
 
636

 
 
 
122

Summary of Ordinary Shares
The following table summarizes transactions in the Company’s ordinary shares during the three months ended March 31, 2019:
 
Number of Ordinary Shares
Ordinary shares of 0.015144558c per share
 
Ordinary shares in issue as at December 31, 2018
59,743,156

Ordinary shares issued to employees under the 2013 share incentive plan and/or
2008 share purchase plan
144,269

Ordinary shares issued to non-employee directors
6,993

Ordinary shares canceled
(59,894,418
)
Total ordinary shares of 0.015144558c per share in issue

 
 
Ordinary shares of $0.01 per share
 
New ordinary shares issued of $0.01 per share
60,395,839

Ordinary shares in issue as at March 31, 2019
60,395,839