Dividends Declared and Paid

3 Months Ended

Mar. 31, 2016

Equity [Abstract]

Dividends Declared and Paid

Dividends Declared and Paid

The Company declared total common share dividends of $0.31 per share and distributions on LTIP units of $0.31 per unit for the three months ended March 31, 2016. The dividends and distributions were as follows:

	Record Date	Payment Date	Common share distribution amount		LTIP unit distribution amount
January	1/29/2016	2/26/2016	$	0.10	$	0.10
February	2/29/2016	3/25/2016	0.10		0.10
March	3/31/2016	4/29/2016	0.11		0.11
1st Quarter 2016			$	0.31	$	0.31
Total 2016			$	0.31	$	0.31

A special dividend payment of $0.08 per share was authorized by the Company's Board of Trustees and declared on December 31, 2015. This special dividend was paid on January 29, 2016 to shareholders of record on January 15, 2016 and will be taxable to shareholders in 2016.