Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2019

Summary of Shares Granted And Vested Under The Terms of The Entity's 2009 Plan

A summary of shares granted, forfeited, vested and unvested under the terms of the 2009 Plan for the years ended December 31, 2019, 2018 and 2017, is as follows:



	2019				2018				2017
	Number of Shares		Weighted Average Grant Date Fair Value		Number of Shares		Weighted Average Grant Date Fair Value		Number of Shares		Weighted Average Grant Date Fair Value
Unvested at beginning of year	55,321		$	73.25	26,062		$	78.24	24,743		$	82.36
Granted	136,100		$	28.84	19,925		$	64.73	18,837		$	77.44
Forfeited	(1,474	)	$	49.10	(255	)	$	52.96	—		$	—
Vested	(83,267	)	$	27.78	(18,634	)	$	63.80	(17,518	)	$	83.20
Unvested acquired in the SIR Merger ⁽¹⁾	—		$	—	28,223		$	27.48	—		$	—
Unvested at end of year	106,680		$	40.16	55,321		$	73.25	26,062		$	78.24

(1)

Represents unvested shares granted under SIR’s equity compensation plan that were converted into shares under the 2009 Plan, and which will have similar vesting requirements as shares granted under the 2009 Plan.

Schedule of Dividends

During the years ended December 31, 2019, 2018 and 2017, we paid distributions on our common shares as follows:



	Annual Per Share Distribution		Total Distribution		Characterization of Distribution
Year	Annual Per Share Distribution		Total Distribution		Return of Capital	Ordinary Income	Qualified Dividend
2019	$	2.20	$	105,868	—%	100.00%	—%
2018	$	6.88	$	170,566	68.60%	31.40%	—%
2017	$	6.88	$	145,209	49.35%	50.65%	—%

Schedule of Changes In Each Component of Cumulative Other Comprehensive Income (Loss)

The following table presents changes in the amounts we recognized in cumulative other comprehensive income (loss) by component for the years ended December 31, 2019, 2018 and 2017:



	Unrealized Gain on Investment in Equity Securities			Equity in Unrealized Gains (Losses) of Investees ⁽¹⁾			Unrealized Loss on Financial Instrument⁽²⁾			Total
Balance at December 31, 2016	$	21,074		$	5,883		$	—		$	26,957
Other comprehensive income before reclassifications	24,042			9,462			—			33,504
Amounts reclassified from cumulative other comprehensive income to net income	—			(34		)	—			(34		)
Net current period other comprehensive income	24,042			9,428			—			33,470
Balance at December 31, 2017	45,116			15,311			—			60,427
Amounts reclassified from cumulative other comprehensive income to retained earnings	(45,116		)	(15,165		)	—			(60,281		)
Balance at January 1, 2018	—			146			—			146
Other comprehensive loss before reclassifications	—			(3		)	—			(3		)
Amounts reclassified from cumulative other comprehensive income to net loss	—			(37		)	—			(37		)
Net current period other comprehensive loss	—			(40		)	—			(40		)
Balance at December 31, 2018	—			106			—			106
Other comprehensive loss before reclassifications	—			90			(200		)	(110		)
Amounts reclassified from cumulative other comprehensive income to net income	—			(196		)	—			(196		)
Net current period other comprehensive loss	—			(106		)	(200		)	(306		)
Balance at December 31, 2019	$	—		$	—		$	(200	)	$	(200	)


(1)	Amounts reclassified from cumulative other comprehensive income (loss) to net income (loss) is included in equity in net losses of investees in our consolidated statements of comprehensive income (loss).

(2)

Amounts reclassified from cumulative other comprehensive income (loss) to net income (loss) is included in interest expense in our consolidated statements of comprehensive income (loss).