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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Shares
Additional Paid In Capital
Cumulative Net Income
Cumulative Other Comprehensive Income (Loss)
Cumulative Common Distributions
Total
Balance at Dec. 31, 2012 $ 547 $ 1,103,982 $ 137,293 $ 99 $ (214,470) $ 1,027,451
Balance (in shares) at Dec. 31, 2012 54,643,888          
Increase (Decrease) in Shareholders' Equity            
Share grants   1,697       1,697
Share grants (in shares) 78,130          
Unrealized loss from investees       (50)   (50)
Net income (loss)     54,620     54,620
Distribution paid to common shareholders         (94,043) (94,043)
Balance at Dec. 31, 2013 $ 547 1,105,679 191,913 49 (308,513) 989,675
Balance (in shares) at Dec. 31, 2013 54,722,018          
Increase (Decrease) in Shareholders' Equity            
Issuance of shares, net $ 155 350,558       350,713
Issuance of shares, net (in shares) 15,563,559          
Share grants $ 1 1,394       1,395
Share grants (in shares) 63,650          
Unrealized loss from investees       (12)   (12)
Net income (loss)     56,534     56,534
Distribution paid to common shareholders         (100,856) (100,856)
Balance at Dec. 31, 2014 $ 703 1,457,631 248,447 37 (409,369) 1,297,449
Balance (in shares) at Dec. 31, 2014 70,349,227          
Increase (Decrease) in Shareholders' Equity            
Issuance of shares, net $ 7 14,039       14,046
Issuance of shares, net (in shares) 723,222          
Share grants $ 1 984       985
Share grants (in shares) 65,600          
Share repurchases   (172)       (172)
Share repurchases (in shares) (11,741)          
Unrealized loss from investees       (5,513)   (5,513)
Unrealized loss on investment in The RMR Group Inc.       (9,391)   (9,391)
Net income (loss)     (209,961)     (209,961)
Distribution paid to common shareholders         (121,660) (121,660)
Distribution to the RMR Group Inc. common stock         (9,132) (9,132)
Balance at Dec. 31, 2015 $ 711 $ 1,472,482 $ 38,486 $ (14,867) $ (540,161) $ 956,651
Balance (in shares) at Dec. 31, 2015 71,126,308