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Equity
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Equity
Equity

Distributions
 
Distributions paid to stockholders consist of ordinary income, capital gains, return of capital, or a combination thereof for income tax purposes. The following table presents annualized distributions per share, declared and paid during the years ended December 31, 2017, 2016 and 2015, reported for tax purposes and serves as a designation of capital gain distributions, if applicable, pursuant to Internal Revenue Code Section 857(b)(3)(C) and Treasury Regulation § 1.857-6(e):
 
Years Ended December 31,
 
2017
 
2016
 
2015
Ordinary income
$
0.3091

 
$
0.1994

 
$
0.3220

Return of capital
0.3409

 
0.1403

 
0.3280

Capital gain

 
0.3103

 

Total distributions paid
$
0.6500

 
$
0.6500

 
$
0.6500


 
During the fourth quarter of 2017, our board of directors declared a quarterly distribution of $0.1625 per share, which was paid on January 16, 2018 to stockholders of record on December 29, 2017, in the amount of $56.9 million.

During the year ended December 31, 2017, our board of directors declared distributions in the aggregate amount of $226.0 million, which equates to $0.6500 per share.

Reclassifications Out of Accumulated Other Comprehensive Loss

The following tables present a reconciliation of changes in Accumulated other comprehensive loss by component for the periods presented (in thousands):
 
Gains and (Losses)
on Derivative Instruments
 
Gains and (Losses) on Marketable Investments
 
Foreign Currency Translation Adjustments
 
Total
Balance at January 1, 2015
$
7,311

 
$
(106
)
 
$
(88,212
)
 
$
(81,007
)
Other comprehensive loss before reclassifications
21,135

 
29

 
(81,037
)
 
(59,873
)
Amounts reclassified from accumulated other comprehensive loss to:
 
 
 
 
 
 
 
Interest expense
7,837

 

 

 
7,837

Other income and (expenses)
(8,083
)
 

 

 
(8,083
)
Total
(246
)
 

 

 
(246
)
Net current-period Other comprehensive loss
20,889

 
29

 
(81,037
)
 
(60,119
)
Net current-period Other comprehensive loss attributable to noncontrolling interests

 

 
1,321

 
1,321

Balance at December 31, 2015
28,200

 
(77
)
 
(167,928
)
 
(139,805
)
Other comprehensive loss before reclassifications
2,568

 
29

 
(18,785
)
 
(16,188
)
Amounts reclassified from accumulated other comprehensive loss to:
 
 
 
 
 
 
 
Interest expense
6,339

 

 

 
6,339

Other income and (expenses)
(7,558
)
 

 

 
(7,558
)
Total
(1,219
)
 

 

 
(1,219
)
Net current-period Other comprehensive loss
1,349

 
29

 
(18,785
)
 
(17,407
)
Net current-period Other comprehensive loss attributable to noncontrolling interests

 

 
536

 
536

Balance at December 31, 2016
29,549

 
(48
)
 
(186,177
)
 
(156,676
)
Other comprehensive income before reclassifications
(15,735
)
 
33

 
100,948

 
85,246

Amounts reclassified from accumulated other comprehensive income to:
 
 
 
 
 
 
 
Interest expense
2,443

 

 

 
2,443

Other income and (expenses)
(7,170
)
 

 

 
(7,170
)
Total
(4,727
)
 

 

 
(4,727
)
Net current-period Other comprehensive income
(20,462
)
 
33

 
100,948

 
80,519

Net current-period Other comprehensive income attributable to noncontrolling interests

 

 
(2,263
)
 
(2,263
)
Balance at December 31, 2017
$
9,087

 
$
(15
)
 
$
(87,492
)
 
$
(78,420
)