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Equity and Capital
6 Months Ended
Jun. 30, 2013
Equity and Capital [Abstract]  
Equity and Capital
Equity and Capital

Common Stock of the Parent Company

Issuances:

On August 10, 2012, the Parent Company entered into at the market ("ATM") equity distribution agreements in which we may from time to time offer and sell up to $150.0 million of our common stock. The net proceeds are expected to fund potential acquisition opportunities, fund development or redevelopment activities, repay amounts outstanding under our revolving credit facility and/or for general corporate purposes. As of June 30, 2013, $28.2 million in common stock remained available for issuance under its ATM equity program. During the three and six months ended June 30, 2013, the following shares were issued under the ATM equity program (in thousands, except share data):

 
 
Three months ended June 30, 2013
 
Six months ended June 30, 2013
Shares issued
 
873

 
1,869

Weighted average price per share
$
54.22

$
53.37

Total proceeds
$
47,377

$
99,774

Commissions
$
709

$
1,496



Common Units of the Operating Partnership

Issuances:
Common units were issued to the Parent Company in relation to the Parent Company's issuance of common stock, as discussed above.

Accumulated Other Comprehensive Loss

The following table presents changes in the balances of each component of accumulated other comprehensive loss for the six months ended June 30, 2013 (in thousands):

 
 
Loss on Settlement of Derivative Instruments
 
Fair Value of Derivative Instruments
 
Accumulated Other Comprehensive Income (Loss)
Beginning balance at December 31, 2012
$
(61,991
)
 
4,276

 
(57,715
)
Net gain on cash flow derivative instruments
 

 
21,664

 
21,664

Amounts reclassified from other comprehensive income
 
4,724

 
8

 
4,732

Current period other comprehensive income, net
 
4,724

 
21,672

 
26,396

Ending balance at June 30, 2013
$
(57,267
)
 
25,948

 
(31,319
)

The following represents amounts reclassified out of accumulated other comprehensive loss into earnings during the three and six months ended June 30, 2013 and 2012, respectively:
Details about Accumulated Other Comprehensive Loss Components
 
Amount Reclassified from Accumulated Other Comprehensive Loss
 
Affected Line Item in the Statement of Operations
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
 
 
2013
 
2012
 
2013
 
2012
 
 
Gains / (Losses) on cash flow hedges
 
 
 
 
 
 
 
 
 
 
Interest rate derivative contracts
$
(2,366
)
 
(2,366
)
$
(4,732
)
 
(4,729
)
 
Interest expense