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

Common share dividends declared were as follows:

 

     Three-Month Periods
Ended September 30,
     Nine-Month Periods
Ended September 30,
 
     2013      2012      2013      2012  

Common share dividends declared

   $ 0.135       $ 0.12       $ 0.405       $ 0.36   
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