XML 82 R67.htm IDEA: XBRL DOCUMENT v3.6.0.2
Common Stock Incentive Plan (Details) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Plan disclosures      
Share-based compensation costs recognized $ 12,000,000 $ 10,400,000 $ 12,000,000
Additional disclosures      
Remaining unamortized share-based compensation expense $ 18,700,000    
Vesting rights percentage 20.00%    
Number of performance shares that vest based on the achievement of performance goals      
Total award value relative to the MSCI US REIT Index (as a percent) 50.00% 50.00% 60.00%
TSR relative to NAREIT Freestanding Index (as a percent) 20.00% 20.00% 20.00%
Dividend per share growth rate (as a percent) 20.00% 20.00%  
Debt-to-EBITDA ratio (as a percent) 10.00% 10.00% 20.00%
Stock options outstanding 0 0 0
Non-employee director | Less than six years of service      
Additional disclosures      
Years of service 6 years    
Vesting rights percentage 33.33%    
Non-employee director | Six years of service      
Additional disclosures      
Years of service 6 years    
Vesting rights percentage 50.00%    
Non-employee director | Seven years of service      
Additional disclosures      
Years of service 7 years    
Vesting rights percentage 100.00%    
Employee | Age 55 and below      
Additional disclosures      
Vesting rights percentage 20.00%    
Employee | Age 56      
Additional disclosures      
Vesting rights percentage 25.00%    
Eligible age of employees for vesting of awards 56 years    
Employee | Age 57      
Additional disclosures      
Vesting rights percentage 33.33%    
Eligible age of employees for vesting of awards 57 years    
Employee | Age 58      
Additional disclosures      
Vesting rights percentage 50.00%    
Eligible age of employees for vesting of awards 58 years    
Employee | Age 59      
Additional disclosures      
Vesting rights percentage 100.00%    
Eligible age of employees for vesting of awards 59 years    
Employee | Age 60 and above      
Additional disclosures      
Eligible age of employees for vesting of awards 60 years    
Maximum | Employee | Age 55 and below      
Additional disclosures      
Eligible age of employees for vesting of awards 55 years    
Minimum | Non-employee director | Eight or more years of service      
Additional disclosures      
Years of service 8 years    
Restricted Stock      
Number of shares      
Outstanding nonvested shares, beginning of year 456,282 527,176 722,263
Shares granted 260,171 161,949 262,655
Shares vested (200,066) (205,248) (440,348)
Shares forfeited (2,864) (27,595) (17,394)
Outstanding nonvested shares, end of each period 513,523 456,282 527,176
Weighted average price      
Outstanding nonvested shares, beginning of year (in dollars per share) $ 30.46 $ 29.02 $ 23.37
Shares granted (in dollars per share) 54.14 50.87 39.87
Shares vested (in dollars per share) 43.26 37.70 36.88
Shares forfeited (in dollars per share) 48.15 45.58 39.07
Outstanding nonvested shares, end of each period (in dollars per share) $ 48.33 $ 30.46 $ 29.02
Restricted Stock | Employee      
Number of shares      
Shares granted 232,171    
Additional disclosures      
Granted shares that vest over five year service period 143,739    
Granted shares that vest over four year service period 88,432    
Performance Shares      
Number of shares      
Outstanding nonvested shares, beginning of year 115,121 59,405  
Shares granted 58,575 55,716 71,705
Shares vested (10,454)   (4,067)
Shares forfeited (3,491)   (8,233)
Outstanding nonvested shares, end of each period 159,751 115,121 59,405
Weighted average price      
Outstanding nonvested shares, beginning of year (in dollars per share) $ 46.94 $ 41.46  
Shares granted (in dollars per share) 55.07 52.78 $ 41.46
Shares vested (in dollars per share) 44.54   41.46
Shares forfeited (in dollars per share) 52.55   41.46
Outstanding nonvested shares, end of each period (in dollars per share) $ 49.95 $ 46.94 $ 41.46
Additional disclosures      
Remaining unamortized share-based compensation expense $ 3,700,000    
Awards vesting on the first and second January1 after the end of the three year performance period (as a percent) 50.00%    
Restricted Stock Units      
Number of shares      
Outstanding nonvested shares, beginning of year 10,136    
Shares granted 14,783 10,136  
Shares vested (6,459)    
Outstanding nonvested shares, end of each period 18,460 10,136  
Weighted average price      
Outstanding nonvested shares, beginning of year (in dollars per share) $ 52.21    
Shares granted (in dollars per share) 52.76 $ 52.21  
Shares vested (in dollars per share) 52.21    
Outstanding nonvested shares, end of each period (in dollars per share) $ 52.65 $ 52.21  
Additional disclosures      
Remaining unamortized share-based compensation expense $ 752,000    
2012 Plan      
Plan disclosures      
Plan term from the date of adoption 10 years    
2012 Plan | Non-employee director      
Number of shares      
Shares granted 28,000    
Additional disclosures      
Granted shares that vest immediately 20,000    
Granted shares that vest annually, in equal parts, over three year service period 8,000    
2012 Plan | Maximum      
Plan disclosures      
Authorized shares 3,985,734