XML 64 R43.htm IDEA: XBRL DOCUMENT v3.6.0.2
SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Dividends Declared or Paid

 

The following tables summarize the dividends we declared or paid during the years ended December 31, 2016, 2015 and 2014:

 

 

 

March 31,

2016

 

 

June 30,

2016

 

 

September 30,

2016

 

 

December 31,

2016

 

 

For the

Year Ended

December 31,

2016

 

Series A Preferred Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

2/16/2016

 

 

5/19/2016

 

 

7/27/2016

 

 

11/2/2016

 

 

 

 

 

Record date

 

3/1/2016

 

 

6/1/2016

 

 

9/1/2016

 

 

12/1/2016

 

 

 

 

 

Date paid

 

3/31/2016

 

 

6/30/2016

 

 

9/30/2016

 

 

1/3/2017

 

 

 

 

 

Total dividend amount

 

$

2,570

 

 

$

2,570

 

 

$

2,589

 

 

$

2,589

 

 

$

10,318

 

Series B Preferred Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

2/16/2016

 

 

5/19/2016

 

 

7/27/2016

 

 

11/2/2016

 

 

 

 

 

Record date

 

3/1/2016

 

 

6/1/2016

 

 

9/1/2016

 

 

12/1/2016

 

 

 

 

 

Date paid

 

3/31/2016

 

 

6/30/2016

 

 

9/30/2016

 

 

1/3/2017

 

 

 

 

 

Total dividend amount

 

$

1,225

 

 

$

1,225

 

 

$

1,225

 

 

$

1,225

 

 

$

4,900

 

Series C Preferred Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

2/16/2016

 

 

5/19/2016

 

 

7/27/2016

 

 

11/2/2016

 

 

 

 

 

Record date

 

3/1/2016

 

 

6/1/2016

 

 

9/1/2016

 

 

12/1/2016

 

 

 

 

 

Date paid

 

3/31/2016

 

 

6/30/2016

 

 

9/30/2016

 

 

1/3/2017

 

 

 

 

 

Total dividend amount

 

$

910

 

 

$

910

 

 

$

910

 

 

$

910

 

 

$

3,640

 

Series D Preferred Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

2/16/2016

 

 

5/19/2016

 

 

7/27/2016

 

 

11/2/2016

 

 

 

 

 

Record date

 

3/1/2016

 

 

6/1/2016

 

 

9/1/2016

 

 

12/1/2016

 

 

 

 

 

Date paid

 

3/31/2016

 

 

6/30/2016

 

 

9/30/2016

 

 

1/3/2017

 

 

 

 

 

Total dividend amount

 

$

2,125

 

 

$

2,125

 

 

$

2,125

 

 

$

2,125

 

 

$

8,500

 

Common shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

3/14/2016

 

 

6/15/2016

 

 

9/19/2016

 

 

12/16/2016

 

 

 

 

 

Record date

 

4/8/2016

 

 

7/8/2016

 

 

10/7/2016

 

 

1/10/2017

 

 

 

 

 

Date paid

 

4/29/2016

 

 

7/29/2016

 

 

10/31/2016

 

 

1/31/2017

 

 

 

 

 

Dividend per share

 

$

0.09

 

 

$

0.09

 

 

$

0.09

 

 

$

0.09

 

 

$

0.36

 

Total dividend declared

 

$

8,200

 

 

$

8,202

 

 

$

8,202

 

 

$

8,202

 

 

$

32,806

 

 

 

 

March 31,

2015

 

 

June 30,

2015

 

 

September 30,

2015

 

 

December 31,

2015

 

 

For the

Year Ended

December 31,

2015

 

Series A Preferred Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

2/10/15

 

 

5/20/15

 

 

7/28/15

 

 

11/4/15

 

 

 

 

 

Record date

 

3/2/15

 

 

6/1/15

 

 

9/1/15

 

 

12/1/15

 

 

 

 

 

Date paid

 

3/31/15

 

 

6/30/15

 

 

9/30/15

 

 

12/31/15

 

 

 

 

 

Total dividend amount

 

$

2,313

 

 

$

2,569

 

 

$

2,570

 

 

$

2,570

 

 

$

10,022

 

Series B Preferred Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

2/10/15

 

 

5/20/15

 

 

7/28/15

 

 

11/4/15

 

 

 

 

 

Record date

 

3/2/15

 

 

6/1/15

 

 

9/1/15

 

 

12/1/15

 

 

 

 

 

Date paid

 

3/31/15

 

 

6/30/15

 

 

9/30/15

 

 

12/31/15

 

 

 

 

 

Total dividend amount

 

$

1,198

 

 

$

1,215

 

 

$

1,225

 

 

$

1,225

 

 

$

4,863

 

Series C Preferred Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

2/10/15

 

 

5/20/15

 

 

7/28/15

 

 

11/4/15

 

 

 

 

 

Record date

 

3/2/15

 

 

6/1/15

 

 

9/1/15

 

 

12/1/15

 

 

 

 

 

Date paid

 

3/31/15

 

 

6/30/15

 

 

9/30/15

 

 

12/31/15

 

 

 

 

 

Total dividend amount

 

$

910

 

 

$

910

 

 

$

910

 

 

$

910

 

 

$

3,640

 

Series D Preferred Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

2/10/15

 

 

5/20/15

 

 

7/28/15

 

 

11/4/15

 

 

 

 

 

Record date

 

3/2/15

 

 

6/1/15

 

 

9/1/15

 

 

12/1/15

 

 

 

 

 

Date paid

 

3/31/15

 

 

6/30/15

 

 

9/30/15

 

 

12/31/15

 

 

 

 

 

Total dividend amount

 

$

1,875

 

 

$

1,875

 

 

$

1,875

 

 

$

2,125

 

 

$

7,750

 

Common shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

3/16/15

 

 

6/22/15

 

 

9/17/15

 

 

12/7/15

 

 

 

 

 

Record date

 

4/10/15

 

 

7/10/15

 

 

10/9/15

 

 

1/8/16

 

 

 

 

 

Date paid

 

4/30/15

 

 

7/31/15

 

 

10/30/15

 

 

1/29/16

 

 

 

 

 

Dividend per share

 

$

0.18

 

 

$

0.18

 

 

$

0.18

 

 

$

0.09

 

 

$

0.63

 

Total dividend declared

 

$

14,777

 

 

$

14,775

 

 

$

16,276

 

 

$

8,170

 

 

$

53,998

 

 

 

 

March 31,

2014

 

 

June 30,

2014

 

 

September 30,

2014

 

 

December 31,

2014

 

 

For the

Year Ended

December 31,

2014

 

Series A Preferred Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

1/29/14

 

 

5/13/14

 

 

7/29/14

 

 

10/28/14

 

 

 

 

 

Record date

 

3/3/14

 

 

6/2/14

 

 

9/2/14

 

 

12/1/14

 

 

 

 

 

Date paid

 

3/31/14

 

 

6/30/14

 

 

9/30/14

 

 

12/31/14

 

 

 

 

 

Total dividend amount

 

$

1,971

 

 

$

1,971

 

 

$

1,971

 

 

$

2,313

 

 

$

8,226

 

Series B Preferred Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

1/29/14

 

 

5/13/14

 

 

7/29/14

 

 

10/28/14

 

 

 

 

 

Record date

 

3/3/14

 

 

6/2/14

 

 

9/2/14

 

 

12/1/14

 

 

 

 

 

Date paid

 

3/31/14

 

 

6/30/14

 

 

9/30/14

 

 

12/31/14

 

 

 

 

 

Total dividend amount

 

$

1,198

 

 

$

1,198

 

 

$

1,198

 

 

$

1,198

 

 

$

4,792

 

Series C Preferred Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

1/29/14

 

 

5/13/14

 

 

7/29/14

 

 

10/28/14

 

 

 

 

 

Record date

 

3/3/14

 

 

6/2/14

 

 

9/2/14

 

 

12/1/14

 

 

 

 

 

Date paid

 

3/31/14

 

 

6/30/14

 

 

9/30/14

 

 

12/31/14

 

 

 

 

 

Total dividend amount

 

$

910

 

 

$

910

 

 

$

910

 

 

$

910

 

 

$

3,640

 

Series D Preferred Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

1/29/14

 

 

5/13/14

 

 

7/29/14

 

 

10/28/14

 

 

 

 

 

Record date

 

3/3/14

 

 

6/2/14

 

 

9/2/14

 

 

12/1/14

 

 

 

 

 

Date paid

 

3/31/14

 

 

6/30/14

 

 

9/30/14

 

 

12/31/14

 

 

 

 

 

Total dividend amount

 

$

1,255

 

 

$

1,875

 

 

$

1,875

 

 

$

1,875

 

 

$

6,880

 

Common shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date declared

 

3/18/14

 

 

6/12/14

 

 

9/15/14

 

 

12/18/14

 

 

 

 

 

Record date

 

4/4/14

 

 

7/11/14

 

 

10/7/14

 

 

1/9/15

 

 

 

 

 

Date paid

 

4/30/14

 

 

7/31/14

 

 

10/31/14

 

 

1/30/15

 

 

 

 

 

Dividend per share

 

$

0.17

 

 

$

0.18

 

 

$

0.18

 

 

$

0.18

 

 

$

0.71

 

Total dividend declared

 

$

13,882

 

 

$

14,738

 

 

$

14,741

 

 

$

14,740

 

 

$

58,101

 

 

On December 7, 2016, we entered into a securities repurchase agreement whereby we agreed to repurchase and cancel 464,000 Series D preferred shares. The Series D Preferred Shares $2,125 total dividend declared on November 2, 2016 with a record date of December 1, 2016 included a $246 payment on December 7, 2016 and $1,879 payment on January 3, 2017.

 

 

Summary of Changes in Accumulated Other Comprehensive Loss by Component

The following table summarizes the changes in accumulated other comprehensive loss by component for the years ended December 31, 2014, 2015 and 2016: 

 

 

 

Interest

Rate

Hedges

 

 

Available-

For-Sale

Securities

 

 

Foreign

Currency

Translation

Adjustments

 

 

Total

 

Balance as of December 31, 2013

 

$

(59,684

)

 

$

(3,583

)

 

$

(543

)

 

$

(63,810

)

Other comprehensive income (loss) before reclassifications

 

 

(1,378

)

 

 

3,583

 

 

 

543

 

 

 

2,748

 

Amounts reclassified from accumulated other comprehensive income (loss)

 

 

40,274

 

 

 

 

 

 

 

 

 

40,274

 

Net current period other comprehensive income

 

 

38,896

 

 

 

3,583

 

 

 

543

 

 

 

43,022

 

Balance as of December 31, 2014

 

$

(20,788

)

 

$

-

 

 

$

-

 

 

$

(20,788

)

Other comprehensive income (loss) before reclassifications

 

 

(293

)

 

 

 

 

 

 

 

 

(293

)

Amounts reclassified from accumulated other comprehensive income (loss)

 

 

16,382

 

 

 

 

 

 

 

 

 

16,382

 

Net current period other comprehensive income

 

 

16,089

 

 

 

 

 

 

 

 

 

16,089

 

Balance as of December 31, 2015

 

$

(4,699

)

 

$

 

 

$

 

 

$

(4,699

)

Other comprehensive income (loss) before reclassifications

 

 

(852

)

 

 

 

 

 

 

 

 

(852

)

Amounts reclassified from accumulated other comprehensive income (loss)

 

 

5,551

 

 

 

 

 

 

 

 

 

5,551

 

Net current period other comprehensive income

 

 

4,699

 

 

 

 

 

 

 

 

 

4,699

 

Balance as of December 31, 2016

 

$

 

 

$

 

 

$

 

 

$