XML 20 R5.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements Of Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income
Accumulated Deficit
Total Stockholders’ Equity
Noncontrolling Interest
Beginning balance, value at Dec. 31, 2012 $ 152,271 $ 138 $ 118,238   $ (11,720) $ 106,656 $ 45,615
Beginning balance, shares at Dec. 31, 2012   13,801          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock, value 1,586,589 $ 1,599 1,584,990     1,586,589  
Issuance of common stock, shares   159,909          
Share repurchases, value (925) $ (1) (924)     (925)  
Share repurchases, shares   (86)          
Dividend reinvestment plan (DRIP), value 18,706 $ 20 18,686     18,706  
Dividend reinvestment plan (DRIP), shares   1,971          
Change in unrealized gain (loss) on interest rate swaps 690     $ 690   690  
Common distributions declared (47,068)       (47,068) (47,068)  
Distributions to noncontrolling interests (5,231)           (5,231)
Acquisition of noncontrolling interest in consolidated joint venture (57,000)   (16,655)     (16,655) (40,345)
Offering costs (166,150)   (166,150)     (166,150)  
Net (loss) income (12,350)       (12,404) (12,404) 54
Ending balance, value at Dec. 31, 2013 1,469,532 $ 1,756 1,538,185   (71,192) 1,469,439 93
Ending balance, shares at Dec. 31, 2013   175,595          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock, value 2,534 $ 2 2,532     2,534  
Issuance of common stock, shares   256          
Share repurchases, value (4,916) $ (4) (4,912)     (4,916)  
Share repurchases, shares   (346)          
Change in redeemable common stock (29,878)   (29,878)     (29,878)  
Dividend reinvestment plan (DRIP), value 62,950 $ 66 62,884     62,950  
Dividend reinvestment plan (DRIP), shares   6,626          
Change in unrealized gain (loss) on interest rate swaps (690)     (690)   (690)  
Common distributions declared (120,148)       (120,148) (120,148)  
Issuance of partnership units 23,806           23,806
Distributions to noncontrolling interests (1,135)           (1,135)
Offering costs (1,158)   (1,158)     (1,158)  
Net (loss) income (22,635)       (22,635) (22,635)  
Ending balance, value at Dec. 31, 2014 1,378,262 $ 1,820 1,567,653 0 (213,975) 1,355,498 22,764
Ending balance, shares at Dec. 31, 2014   182,131          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Share repurchases, value (72,800) $ (73) (72,727)     (72,800)  
Share repurchases, shares   (7,386)          
Change in redeemable common stock 29,878   29,878     29,878  
Dividend reinvestment plan (DRIP), value 63,803 $ 66 63,737     63,803  
Dividend reinvestment plan (DRIP), shares   6,563          
Change in unrealized gain (loss) on interest rate swaps 22     22   22  
Common distributions declared (123,146)       (123,146) (123,146)  
Issuance of partnership units 4,047           4,047
Distributions to noncontrolling interests (1,835)           (1,835)
Net (loss) income 13,561       13,360 13,360 201
Ending balance, value at Dec. 31, 2015 $ 1,291,792 $ 1,813 $ 1,588,541 $ 22 $ (323,761) $ 1,266,615 $ 25,177
Ending balance, shares at Dec. 31, 2015   181,308