Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2015

Stockholders' Equity Note [Abstract]

Schedule of Declared Distributions

The following characterizes distributions paid per common share for the years ended December 31, 2015, 2014, and 2013:

	Year Ended December 31,
	2015		2014		2013
Ordinary income	—	%	—	%	—	%
Return of capital	—	%	—	%	100.00	%
Capital gain	—	%	100.00	%	—	%
Unrecaptured Section 1250 gain	—	%	—	%	—	%
	—	%	100.00	%	100.00	%

In 2015, our Board of Trustees declared distributions on our series D preferred shares and series E cumulative redeemable preferred shares to date as follows:

Declaration Date	Record Date	Payment Date	Series D Dividend Per Share		Series E Dividend Per Share
January 16, 2015	February 2, 2015	February 17, 2015	$	0.40625	$	0.453125
April 8, 2015	May 1, 2015	May 15, 2015	$	0.40625	$	0.453125
July 9, 2015	July 31, 2015	August 17, 2015	$	0.40625	$	0.453125
October 9, 2015	November 2, 2015	November 16, 2015	$	0.40625	$	0.453125