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Equity and Capital (Tables)
9 Months Ended
Sep. 30, 2017
Equity and Capital [Abstract]  
Summary of shares issued under ATM equity programs
The following table presents the shares that were issued under the ATM equity program during the nine months ended September 30, 2016:
 
Nine months ended September 30,
(dollar amounts are in thousands, except price per share data)
2017
 
2016
Shares issued (1)

 
182,787

Weighted average price per share
$

 
$
68.85

Gross proceeds
$

 
$
12,584

Commissions
$

 
$
157

Issuance costs (2)
$
349

 
$
80

(1)  Reflects shares traded in December and settled in January.
(2) Includes legal and accounting costs associated with maintaining the ATM program.
Summary of accumulated other comprehensive loss
The following tables present changes in the balances of each component of AOCI:
 
Controlling Interest
 
Noncontrolling Interest
 
Total
(in thousands)
Cash Flow Hedges
 
Unrealized gain (loss) on Available-For-Sale Securities
 
AOCI
 
Cash Flow Hedges
 
Unrealized gain (loss) on Available-For-Sale Securities
 
AOCI
 
AOCI
Balance as of December 31, 2015
$
(58,650
)
 
(43
)
 
(58,693
)
 
(785
)
 

 
(785
)
 
(59,478
)
Other comprehensive income before reclassifications
(25,015
)
 
89

 
(24,926
)
 
(322
)
 

 
(322
)
 
(25,248
)
Amounts reclassified from accumulated other comprehensive income
47,880

 

 
47,880

 
183

 

 
183

 
48,063

Current period other comprehensive income, net
22,865

 
89

 
22,954

 
(139
)
 

 
(139
)
 
22,815

Balance as of September 30, 2016
$
(35,785
)
 
46

 
(35,739
)
 
(924
)
 

 
(924
)
 
(36,663
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Controlling Interest
 
Noncontrolling Interest
 
Total
(in thousands)
Cash Flow Hedges
 
Unrealized gain (loss) on Available-For-Sale Securities
 
AOCI
 
Cash Flow Hedges
 
Unrealized gain (loss) on Available-For-Sale Securities
 
AOCI
 
AOCI
Balance as of December 31, 2016
$
(18,327
)
 
(19
)
 
(18,346
)
 
(301
)
 

 
(301
)
 
(18,647
)
Other comprehensive income before reclassifications
(3,768
)
 
51

 
(3,717
)
 
(143
)
 

 
(143
)
 
(3,860
)
Amounts reclassified from accumulated other comprehensive income
7,922

 

 
7,922

 
132

 

 
132

 
8,054

Current period other comprehensive income, net
4,154

 
51

 
4,205

 
(11
)
 

 
(11
)
 
4,194

Balance as of September 30, 2017
$
(14,173
)
 
32

 
(14,141
)
 
(312
)
 

 
(312
)
 
(14,453
)
Schedule of amounts reclassified out of accumulated other comprehensive loss
The following represents amounts reclassified out of AOCI into income:
AOCI Component
Amount Reclassified from AOCI into income
Affected Line Item(s) Where Net Income is Presented
 
Three months ended September 30,
 
Nine months ended September 30,
 
(in thousands)
2017
 
2016
 
2017
 
2016
 
Interest rate swaps
$
2,329

 
43,111

 
$
8,054

 
48,063

Interest expense and Loss on derivative instruments