Equity and Capital

Common Stock of the Parent Company

Issuances:

The current ATM equity offering program authorizes the Parent Company to sell up to $200 million of common stock at prices determined by the market at the time of sale. As of June 30, 2015, $95.0 million of common stock remained available for issuance under this ATM equity program.

There were no shares issued under the ATM equity program for the three months ended June 30, 2015. The following table presents the shares that were issued under the ATM equity program during the six months ended June 30, 2015:



	Six months ended June 30,
(dollar amounts are in thousands, except price per share data)	2015
Shares issued	18,125
Weighted average price per share	$	64.72
Total proceeds	$	1,173
Commissions	$	15
Issuance costs	$	—

In January 2015, the Parent Company entered into a forward sale and an underwritten public offering of 2.875 million shares of its common stock at a price of $67.40 per share which will result in gross proceeds of approximately $193.8 million, before any underwriting discount and offering expenses. The forward sale will settle on one or more dates occurring no later than approximately 12 months after the date of the offering. The Company intends to use any net proceeds that it receives upon settlement of the forward sale agreement to fund development and redevelopment activities, fund potential acquisition opportunities, repay maturing debts, and/or for general corporate purposes.

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 tables present changes in the balances of each component of AOCI:



	Controlling Interest							Noncontrolling Interest					Total
(in thousands)	Cash Flow Hedges			Unrealized gain (loss) on Available-For-Sale Securities		AOCI		Cash Flow Hedges		Unrealized gain (loss) on Available-For-Sale Securities	AOCI		AOCI
Balance as of December 31, 2013	$	(17,404	)	—		(17,404	)	(479	)	—	(479	)	(17,883	)
Other comprehensive income before reclassifications	(24,669		)	912		(23,757	)	(284	)	2	(282	)	(24,039	)
Amounts reclassified from accumulated other comprehensive income	4,749			—		4,749		88		—	88		4,837
Current period other comprehensive income, net	(19,920		)	912		(19,008	)	(196	)	2	(194	)	(19,202	)
Balance as of June 30, 2014	$	(37,324	)	912		(36,412	)	(675	)	2	(673	)	(37,085	)

Balance as of December 31, 2014	$	(57,748	)	—		(57,748	)	(750	)	—	(750	)	(58,498	)
Other comprehensive income before reclassifications	4,558			(30	)	4,528		(64	)	—	(64	)	4,464
Amounts reclassified from accumulated other comprehensive income	4,421			—		4,421		79		—	79		4,500
Current period other comprehensive income, net	8,979			(30	)	8,949		15		—	15		8,964
Balance as of June 30, 2015	$	(48,769	)	(30	)	(48,799	)	(735	)	—	(735	)	(49,534	)

The following represents amounts reclassified out of AOCI into income:



AOCI Component	Amount Reclassified from AOCI into income								Affected Line Item Where Net Income is Presented
	Three months ended June 30,				Six months ended June 30,
(in thousands)	2015		2014		2015		2014
Interest rate swaps	$	2,250	$	2,318	$	4,500	$	4,837	Interest expense