| Shareholders' Equity |
Shareholders' Equity As of March 31, 2014, the aggregate authorized share capital of the Company is 150,000,000 shares from which the Company has issued 73,796,849 common shares, of which 72,828,662 are outstanding, and issued 9,300,000 preference shares. The remaining 66,903,151 are undesignated as of March 31, 2014.
Treasury Shares
On February 19, 2014, the Company repurchased 5,851 shares from employees, at a price per share of $11.18, which represents withholdings from employees surrendered in respect of tax obligations on the vesting of restricted shares. See "Part II, Item 2 - Unregistered Sales of Equity Securities and Use of Proceeds" for additional information.
8. Shareholders' Equity (continued)
Accumulated Other Comprehensive Income
The following tables set forth financial information regarding the changes in the balances of each component of accumulated other comprehensive income for the three months ended March 31, 2014 and 2013: | | | | | | | | | | | | | | For the Three Months Ended March 31, 2014 | | Change in net unrealized gains on investments | | Foreign currency translation adjustments | | Total | Beginning balance | | $ | 34,728 |
| | $ | (8,927 | ) | | $ | 25,801 |
| Other comprehensive income (loss) before reclassifications | | 38,031 |
| | (166 | ) | | 37,865 |
| Amounts reclassified from accumulated other comprehensive income to net realized gains on investment in the statement of income | | (71 | ) | | — |
| | (71 | ) | Net current period other comprehensive income (loss) | | 37,960 |
| | (166 | ) | | 37,794 |
| Ending balance | | 72,688 |
| | (9,093 | ) | | 63,595 |
| Less: Accumulated other comprehensive income attributable to non controlling interest | | — |
| | 17 |
| | 17 |
| Ending balance, Maiden shareholders | | $ | 72,688 |
| | $ | (9,110 | ) | | $ | 63,578 |
|
| | | | | | | | | | | | | | For the Three Months Ended March 31, 2013 | | Change in net unrealized gains on investments | | Foreign currency translation adjustments | | Total | Beginning balance | | $ | 143,665 |
| | $ | (2,539 | ) | | $ | 141,126 |
| Other comprehensive income (loss) before reclassifications | | (7,848 | ) | | 2,886 |
| | (4,962 | ) | Amounts reclassified from accumulated other comprehensive income to net realized gains on investment in the statement of income | | (3,081 | ) | | — |
| | (3,081 | ) | Net current period other comprehensive income (loss) | | (10,929 | ) | | 2,886 |
| | (8,043 | ) | Ending balance | | 132,736 |
| | 347 |
| | 133,083 |
| Less: Accumulated other comprehensive loss attributable to non controlling interest | | — |
| | (15 | ) | | (15 | ) | Ending balance, Maiden shareholders | | $ | 132,736 |
| | $ | 362 |
| | $ | 133,098 |
|
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