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Equity and Capital (Tables)
3 Months Ended
Mar. 31, 2016
Equity and Capital [Abstract]  
Summary of shares issued under ATM equity programs
The following table presents the shares that were issued under the ATM equity program:
 
Three months ended March 31,
(dollar amounts are in thousands, except price per share data)
2016
 
2015
Shares issued (1)
182,787

 
18,125

Weighted average price per share
$
68.85

 
$
64.72

Gross proceeds
$
12,584

 
$
1,173

Commissions
$
157

 
$
15

(1) Reflects 182,787 shares traded in December 2015 and settled in January 2016 and 18,125 shares traded December 2014 and settled in January 2015.
Summary of 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, 2014
$
(57,748
)
 

 
(57,748
)
 
(750
)
 

 
(750
)
 
(58,498
)
Other comprehensive income before reclassifications
(13,739
)
 

 
(13,739
)
 
(143
)
 

 
(143
)
 
(13,882
)
Amounts reclassified from accumulated other comprehensive income
2,210

 

 
2,210

 
39

 

 
39

 
2,249

Current period other comprehensive income, net
(11,529
)
 

 
(11,529
)
 
(104
)
 

 
(104
)
 
(11,633
)
Balance as of March 31, 2015
$
(69,277
)
 

 
(69,277
)
 
(854
)
 

 
(854
)
 
(70,131
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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, 2015
$
(58,650
)
 
(43
)
 
(58,693
)
 
(785
)
 

 
(785
)
 
(59,478
)
Other comprehensive income before reclassifications
(16,581
)
 
(36
)
 
(16,617
)
 
(204
)
 

 
(204
)
 
(16,821
)
Amounts reclassified from accumulated other comprehensive income
2,417

 

 
2,417

 
36

 

 
36

 
2,453

Current period other comprehensive income, net
(14,164
)
 
(36
)
 
(14,200
)
 
(168
)
 

 
(168
)
 
(14,368
)
Balance as of March 31, 2016
$
(72,814
)
 
(79
)
 
(72,893
)
 
(953
)
 

 
(953
)
 
(73,846
)
Schedule of amounts reclassified out of accumulated other comprehensive loss
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 March 31,
 
(in thousands)
2016
 
2015
 
Interest rate swaps
$
2,453

 
$
2,249

Interest expense