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Consolidated Balance Sheets (Parenthetical) - $ / shares
Jun. 30, 2015
Dec. 31, 2014
Common Stock, par value (in dollars per share) $ 0.001 $ 0.001
Common Stock, shares authorized 200,000,000 200,000,000
Common Stock, shares issued 146,229,000 145,807,000
Common Stock, shares outstanding 85,568,000 85,191,000
Treasury stock, par value (in dollars per share) $ 0.001 $ 0.001
Treasury stock, shares 60,661,000 60,617,000
Series D, E, F, G and I Preferred Stock    
Liquidation Preference (in dollars per share) [1],[2] $ 25 $ 25
Series J convertible perpetual preferred stock    
Liquidation Preference (in dollars per share) [1],[2] $ 50 $ 50
[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 Cumulative Redeemable Preferred Stock during the six months ended June 30, 2015 and 2014. The Company declared and paid dividends of $4.5 million on its Series J Convertible Perpetual Preferred Stock during the six months ended June 30, 2015 and 2014. 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.