XML 18 R6.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Shares
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) Income
(Distributions in Excess of Accumulated Earnings) Retained Earnings
Total Common Shareholders’ Equity
Noncontrolling Interests
Balance at Dec. 31, 2013 $ 1,121,588 $ 56 $ 665,301 $ 1,132 $ 37,747 $ 704,236 $ 417,352
Balance (in Shares) at Dec. 31, 2013   55,643,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership 0   3,181     3,181 (3,181)
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership (in Shares)   136,000          
Issuance of Common Shares, net of issuance costs 357,459 $ 12 357,447     357,459  
Issuance of Common Shares, net of issuance costs (in Shares)   12,237,000          
Issuance of OP Units to acquire real estate 44,051           44,051
Dividends declared [1] (82,279)       (77,194) (77,194) (5,085)
Employee and trustee stock compensation, net 8,460   1,932     1,932 6,528
Employee and trustee stock compensation, net (in Shares)   93,000          
Noncontrolling interest distributions (218,152)           (218,152)
Noncontrolling interest contributions 57,969           57,969
Comprehensive (loss) income 146,861     (5,137) 71,064 65,927 80,934
Balance at Dec. 31, 2014 1,435,957 $ 68 1,027,861 (4,005) 31,617 1,055,541 380,416
Balance (in Shares) at Dec. 31, 2014   68,109,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership 0   2,451     2,451 (2,451)
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership (in Shares)   101,000          
Issuance of Common Shares, net of issuance costs 64,417 $ 2 64,415     64,417  
Issuance of Common Shares, net of issuance costs (in Shares)   1,973,000          
Issuance of OP Units to acquire real estate 0            
Dividends declared [2] (90,666)       (84,683) (84,683) (5,983)
Acquisition of noncontrolling interests (7,970)   (4,409)     (4,409) (3,561)
Employee and trustee stock compensation, net 8,644   1,921     1,921 6,723
Employee and trustee stock compensation, net (in Shares)   75,000          
Noncontrolling interest distributions (74,950)           (74,950)
Noncontrolling interest contributions 35,489           35,489
Comprehensive (loss) income 150,433     (458) 65,708 65,250 85,183
Balance at Dec. 31, 2015 $ 1,521,354 $ 70 1,092,239 (4,463) 12,642 1,100,488 420,866
Balance (in Shares) at Dec. 31, 2015 70,258,415 70,258,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership $ 0   7,891     7,892 (7,892)
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership (in Shares)   351,000          
Issuance of Common Shares, net of issuance costs 450,130 $ 13 450,117     450,130  
Issuance of Common Shares, net of issuance costs (in Shares)   12,961,000          
Issuance of OP Units to acquire real estate 31,429           31,429
Dividends declared [3] (97,806)       (91,053) (91,053) (6,753)
Change in control of previously unconsolidated investment (75,713)           (75,713)
Windfall tax benefit 555   555     555  
Acquisition of noncontrolling interests (18,379)   7,546     7,546 (25,925)
Employee and trustee stock compensation, net 13,694   926     926 12,768
Employee and trustee stock compensation, net (in Shares)   28,000          
Noncontrolling interest distributions (80,769)           (80,769)
Noncontrolling interest contributions 295,108           295,108
Reallocation of noncontrolling interests 0   35,652     35,652 (35,652)
Comprehensive (loss) income 138,522     3,665 72,776 76,441 62,081
Balance at Dec. 31, 2016 $ 2,178,125 $ 84 $ 1,594,926 $ (798) $ (5,635) $ 1,588,577 $ 589,548
Balance (in Shares) at Dec. 31, 2016 83,597,741 83,598,000          
[1] Includes a special dividend of $0.30 announced on December 5, 2014 and paid on January 15, 2015.
[2] Includes a special dividend of $0.25 declared on November 10, 2015 and paid on January 15, 2016.
[3] Includes a special cash dividend of $0.15 declared on November 8, 2016 and paid on January 13, 2017 (Note 10).