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Equity (Tables)
 6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Schedule of Cumulative Redeemable Preferred Stock outstanding by series
Preferred Stock—The Company had the following series of Cumulative Redeemable Preferred Stock outstanding as of June 30, 2013:
 
 
 
 
 
 
Cumulative Preferential Cash
Dividends(1)(2)
Series
 
Shares Issued and
Outstanding
(in thousands)
 
Par Value
 
Liquidation
Preference
 
Rate per Annum
 
Equivalent to
Fixed Annual
Rate (per share)
D
 
4,000

 
$
0.001

 
$
25.00

 
8.000
%
 
$
2.00

E
 
5,600

 
$
0.001

 
$
25.00

 
7.875
%
 
$
1.97

F
 
4,000

 
$
0.001

 
$
25.00

 
7.8
%
 
$
1.95

G
 
3,200

 
$
0.001

 
$
25.00

 
7.65
%
 
$
1.91

I
 
5,000

 
$
0.001

 
$
25.00

 
7.50
%
 
$
1.88

J
 
4,000

 
$
0.001

 
$
50.00

 
4.50
%
 
$
2.25

 
 
25,800

 
 

 
 

 
 

 
 

Explanatory Notes:
_______________________________________________________________________________
(1)
Holders of shares of the Series D, E, F, G, I and J preferred stock are entitled to receive dividends, when and as declared by the Board of Directors, out of funds legally available for the payment of dividends. Dividends are cumulative from the date of original issue and are payable quarterly in arrears on or before the 15th day of each March, June, September and December or, if not a business day, the next succeeding business day. Any dividend payable on the preferred stock for any partial dividend period will be computed on the basis of a 360-day year consisting of twelve 30-day months. Dividends will be payable to holders of record as of the close of business on the first day of the calendar month in which the applicable dividend payment date falls or on another date designated by the Board of Directors of the Company for the payment of dividends that is not more than 30 nor less than 10 days prior to the dividend payment date.
(2)
The Company declared and paid dividends of $4.0 million, $5.5 million, $3.9 million, $3.1 million, and $4.7 million on its Series D, E, F, G, and I preferred stock, respectively, during each of the six months ended June 30, 2013 and 2012. The Company also declared and paid dividends of $2.2 million on its Series J preferred stock during the six months ended June 30, 2013. All of the dividends qualified as return of capital for tax reporting purposes. There are no dividend arrearages on any of the preferred shares currently outstanding.
Accumulated other comprehensive income (loss) reflected in the Company's shareholders' equity
Accumulated Other Comprehensive Income (Loss)—"Accumulated other comprehensive income (loss)" reflected in the Company's shareholders' equity is comprised of the following ($ in thousands):
 
As of
 
June 30, 2013
 
December 31, 2012
Unrealized gains on available-for-sale securities
$
(7
)
 
$
867

Unrealized gains on cash flow hedges
1,984

 
607

Unrealized losses on cumulative translation adjustment
(4,343
)
 
(2,659
)
Accumulated other comprehensive income (loss)
$
(2,366
)
 
$
(1,185
)