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Equity (Tables)
12 Months Ended
Dec. 31, 2013
Stockholders Equity Note [Line Items]  
Preferred Stock Terms
The following table summarizes information about each series of the Company’s convertible perpetual preferred stock:
 
 
Convertible Perpetual Preferred Stock
 
 
8.5%
 
6.0%
 
7.0%
Liquidation preference per share
 
$
100.00

 
$
100.00

 
$
100.00

Annual dividend per share
 
$
8.50

 
$
6.00

 
$
7.00

Conversion rate per share to common stock
 
12.4805

 
9.2115

 
12.8791

Conversion date to common stock at Company's option(1)
 
February 20, 2014

 
December 21, 2014

 
November 20, 2015

____________________
(1)
Conversion is dependent on certain factors, including the Company’s stock trading above specified prices for a set period.
Preferred Stock Dividends
Paid and unpaid dividends included in the calculation of (loss applicable) income available to the Company’s common stockholders and the Company’s basic (loss) earnings per share calculation for the years ended December 31, 2013, 2012 and 2011 as presented in the accompanying consolidated statements of operations, are included in tables below (in thousands):
 
Dividends Paid
 
Dividends Unpaid
 
Total
Year Ended December 31, 2013
 
 
 
 
 
8.5% Convertible perpetual preferred stock
$
14,078

 
$
8,447

 
$
22,525

6.0% Convertible perpetual preferred stock
6,500

 
5,500

 
12,000

7.0% Convertible perpetual preferred stock
18,375

 
2,625

 
21,000

Total
$
38,953

 
$
16,572

 
$
55,525

Year Ended December 31, 2012
 
 
 
 
 
8.5% Convertible perpetual preferred stock
$
14,078

 
$
8,447

 
$
22,525

6.0% Convertible perpetual preferred stock
6,500

 
5,500

 
12,000

7.0% Convertible perpetual preferred stock
18,375

 
2,625

 
21,000

Total
$
38,953

 
$
16,572

 
$
55,525

Year Ended December 31, 2011
 
 
 
 
 
8.5% Convertible perpetual preferred stock
$
14,078

 
$
8,447

 
$
22,525

6.0% Convertible perpetual preferred stock
6,500

 
5,500

 
12,000

7.0% Convertible perpetual preferred stock
18,433

 
2,625

 
21,058

Total
$
39,011

 
$
16,572

 
$
55,583

Treasury Stock Activity
The following table shows the number of shares withheld for taxes and the associated value of those shares for the years ended December 31, 2013, 2012 and 2011. These shares were accounted for as treasury stock when withheld, and then immediately retired.
 
Year Ended December 31,
 
2013
 
2012
 
2011
 
(In thousands)
Number of shares withheld for taxes
5,679

 
1,547

 
1,176

Value of shares withheld for taxes
$
30,126

 
$
11,312

 
$
10,834

Restricted Stock Activity
Restricted stock activity for the years ended December 31, 2013, 2012 and 2011 was as follows (shares in thousands):
 
Number of
Shares
 
Weighted-
Average Grant
Date Fair Value
Unvested restricted shares outstanding at December 31, 2010
9,476

 
$
10.89

Granted
8,003

 
$
8.95

Vested
(3,270
)
 
$
12.91

Forfeited / Canceled
(823
)
 
$
9.17

Unvested restricted shares outstanding at December 31, 2011
13,386

 
$
9.34

Granted
7,604

 
$
7.46

Vested
(4,394
)
 
$
10.73

Forfeited / Canceled
(1,268
)
 
$
8.54

Unvested restricted shares outstanding at December 31, 2012
15,328

 
$
8.07

Granted
7,462

 
$
6.32

Vested
(13,395
)
 
$
7.85

Forfeited / Canceled
(1,752
)
 
$
7.33

Unvested restricted shares outstanding at December 31, 2013
7,643

 
$
6.92

Preferred Stock
 
Stockholders Equity Note [Line Items]  
Schedule of Stock by Class
Preferred Stock

The following table presents information regarding the Company’s preferred stock (in thousands):
 
December 31,
 
2013
 
2012
Shares authorized
50,000

 
50,000

Shares outstanding at end of period
 
 
 
8.5% Convertible perpetual preferred stock
2,650

 
2,650

6.0% Convertible perpetual preferred stock
2,000

 
2,000

7.0% Convertible perpetual preferred stock
3,000

 
3,000

Common Stock
 
Stockholders Equity Note [Line Items]  
Schedule of Stock by Class
Common Stock

The following table presents information regarding the Company’s common stock (in thousands):
 
December 31,
 
2013
 
2012
Shares authorized
800,000

 
800,000

Shares outstanding at end of period
490,290

 
490,359

Shares held in treasury
1,319

 
1,219