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Equity (Tables)
6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Common Share Dividends Declared

Common share dividends declared were as follows:

 

     Three-Month Periods
Ended June 30,
     Six-Month Periods
Ended June 30,
 
     2013      2012      2013      2012  

Common share dividends declared

   $ 0.135       $ 0.12       $ 0.27       $ 0.24   
Summary of Fair Value of Value Sharing Equity Program Grants

The fair value of the 2013 VSEP grants was estimated on the date of grant using a Monte Carlo approach model based on the following assumptions:

 

     Range

Risk-free interest rate

   0.36%

Weighted-average dividend yield

   4.0%

Expected life

   3 years

Expected volatility

   18-24%