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Equity and Capital
9 Months Ended
Sep. 30, 2013
Equity and Capital [Abstract]  
Equity and Capital
Equity and Capital

Common Stock of the Parent Company

Issuances:

In August 2012, the Parent Company entered into at the market ("ATM") equity distribution agreements through which it is permitted to offer and sell its common stock from time to time. Net proceeds would fund potential acquisition opportunities, development and redevelopment activities, repay amounts outstanding under the credit facilities and for general corporate purposes. Approximately $121.8 million of common stock was offered and sold through this ATM equity program.

In August 2013, the Parent Company filed a prospectus supplement with respect to a new ATM equity offering program, which ended the prior program established in August 2012. The August 2013 program has similar terms and conditions as the August 2012 program, and authorizes the Parent Company to sell up to $200.0 million of common stock. As of September 30, 2013, $198.4 million in common stock remained available for issuance under this ATM equity program.

During the three and nine months ended September 30, 2013, the following shares were issued under the ATM equity programs (in thousands, except price per share data):

 
 
Three months ended September 30, 2013
 
Nine months ended September 30, 2013
Shares issued
 
30

 
1,899

Weighted average price per share
$
52.28

$
53.35

Total proceeds
$
1,568

$
101,342

Commissions
$
24

$
1,520

Issuance costs
$
69

$
69



Common Units of the Operating Partnership

Issuances:
Common units were issued to the Parent Company in relation to the Parent Company's issuance of common stock, as discussed above.

Accumulated Other Comprehensive Loss

The following table presents changes in the balances of each component of accumulated other comprehensive loss for the nine months ended September 30, 2013 (in thousands):

 
 
Loss on Settlement of Derivative Instruments
 
Fair Value of Derivative Instruments
 
Accumulated Other Comprehensive Income (Loss)
Beginning balance at December 31, 2012
$
(61,991
)
 
4,276

 
(57,715
)
Net gain on cash flow derivative instruments
 

 
22,187

 
22,187

Amounts reclassified from other comprehensive income
 
7,086

 
12

 
7,098

Current period other comprehensive income, net
 
7,086

 
22,199

 
29,285

Ending balance at September 30, 2013
$
(54,905
)
 
26,475

 
(28,430
)

The following represents amounts reclassified out of accumulated other comprehensive loss into earnings during the three and nine months ended September 30, 2013 and 2012, respectively:
Details about Accumulated Other Comprehensive Loss Components
 
Amount Reclassified from Accumulated Other Comprehensive Loss
 
Affected Line Item in the Statement of Operations
 
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
 
 
2013
 
2012
 
2013
 
2012
 
 
Gains / (Losses) on cash flow hedges
 
 
 
 
 
 
 
 
 
 
Interest rate derivative contracts
$
(2,366
)
 
(2,366
)
$
(7,098
)
 
(7,095
)
 
Interest expense