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Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Series J Preferred Stock
[1]
HPU's
[2]
Series E and F Preferred Stock
Preferred Stock
[1]
Common Stock at Par
Additional Paid-In Capital
Retained Earnings (Deficit)
Retained Earnings (Deficit)
Series E and F Preferred Stock
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Beginning Balance at Dec. 31, 2014 $ 1,248,348 $ 4 $ 9,800   $ 22 $ 85 $ 3,744,621 $ (2,556,469)   $ (971) $ 51,256
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Dividends declared—preferred (51,320)             (51,320)      
Issuance of stock/restricted stock unit amortization, net 4,961           4,961        
Net income (loss) for the period [3] (2,701)             (2,435)     (266)
Change in accumulated other comprehensive income (loss) (3,880)                 (3,880)  
Repurchase of stock (70,416)         (5) (70,411)        
Redemption of HPUs (9,811)   (9,800)     1 15,238 (15,250)      
Change in additional paid in capital attributable to noncontrolling interests(4) [4] (5,079)           (5,079)        
Contributions from noncontrolling interests 205                   205
Distributions to noncontrolling interests [4] (8,977)                   (8,977)
Ending Balance at Dec. 31, 2015 1,101,330 4 0   22 81 3,689,330 (2,625,474)   (4,851) 42,218
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Dividends declared—preferred (51,320)             (51,320)      
Issuance of stock/restricted stock unit amortization, net 2,031           2,031        
Issuance of common stock for conversion of senior unsecured convertible notes 9,596         1 9,595        
Net income (loss) for the period [3] 106,233             95,306     10,927
Change in accumulated other comprehensive income (loss) 633                 633  
Repurchase of stock (98,429)         (10) (98,419)        
Change in additional paid in capital attributable to noncontrolling interests(4) (365)           (365)        
Contributions from noncontrolling interests 790                   790
Distributions to noncontrolling interests [5] (10,815)                   (10,815)
Ending Balance at Dec. 31, 2016 1,059,684 4 0   22 72 3,602,172 (2,581,488)   (4,218) 43,120
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Dividends declared—preferred (46,614)     $ (1,830)       (46,614) $ (1,830)    
Issuance of stock/restricted stock unit amortization, net 2,522           2,522        
Net income (loss) for the period [3] 181,535             (175,682)     (5,853)
Change in accumulated other comprehensive income (loss) 1,736                 1,736  
Repurchase of stock (45,928)         (4) (45,924)        
Issuance of senior unsecured convertible notes 25,869           25,869        
Redemption of Series E and F Preferred Stock (240,000)       (10)   (223,676) (16,314)      
Change in additional paid in capital attributable to noncontrolling interests(4) [6] (8,298)           (8,298)        
Contributions from noncontrolling interests 12                   12
Distributions to noncontrolling interests (14,439)                   (14,439)
Ending Balance at Dec. 31, 2017 $ 914,249 $ 4 $ 0   $ 12 $ 68 $ 3,352,665 $ (2,470,564)   $ (2,482) $ 34,546
[1] Refer to Note 13 for details on the Company's Preferred Stock.
[2] All of the Company's outstanding HPUs were repurchased and retired on August 13, 2015 (refer to Note 13).
[3] For the years ended December 31, 2017, 2016 and 2015 net income (loss) shown above excludes $(1,327), $(6,051) and $(3,456) of net loss attributable to redeemable noncontrolling interests.
[4] Includes a $6.4 million payment to acquire a noncontrolling interest (refer to Note 4).
[5] Includes payments of $10.8 million to acquire a noncontrolling interest (refer to Note 5).
[6] Represents the amount paid in excess of its carrying value to acquire a redeemable noncontrolling interest (refer to Note 4).