XML 21 R5.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Total Shareholders’ Equity
Common Shares
Additional Paid - In Capital
Accumulated Deficit
Noncontrolling Interest in Operating Partnership
Beginning Balance (in shares) at Dec. 31, 2013     26,295,558      
Beginning Balance at Dec. 31, 2013 $ 385,536 $ 383,369 $ 261 $ 433,900 $ (50,792) $ 2,167
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of shares pursuant to Equity Incentive Plan (in shares)     16,542      
Issuance of shares pursuant to Equity Incentive Plan 337 337   337    
Issuance of shares, net of offering costs (in shares)     7,782,903      
Issuance of shares, net of offering costs 164,399 164,399 $ 78 164,321    
Issuance of restricted time-based shares (in shares)     48,213      
Issuance of restricted time-based shares 0          
Issuance of performance based shares (in shares)     31,342      
Issuance of performance based shares 0          
Repurchase of common shares (in shares)     (867)      
Repurchase of common shares (18) (18)   (18)    
Amortization of share based compensation 2,058 1,275   1,275   783
Dividends declared on common shares (27,201) (27,201)     (27,201)  
Distributions declared on LTIP units (240)         (240)
Reallocation of noncontrolling interest 0 (497)   (497)   497
Net income 67,081 66,873     66,873 208
Ending Balance (in shares) at Dec. 31, 2014     34,173,691      
Ending Balance at Dec. 31, 2014 591,952 588,537 $ 339 599,318 (11,120) 3,415
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of shares pursuant to Equity Incentive Plan (in shares)     14,113      
Issuance of shares pursuant to Equity Incentive Plan 412 412   412    
Issuance of shares, net of offering costs (in shares)     4,028,512      
Issuance of shares, net of offering costs 118,797 118,797 $ 40 118,757    
Issuance of restricted time-based shares (in shares)     49,110      
Issuance of restricted time-based shares 0          
Issuance of performance based shares (in shares)     44,274      
Issuance of performance based shares 0          
Repurchase of common shares (in shares)     (763)      
Repurchase of common shares (22) (22)   (22)    
Amortization of share based compensation 2,285 1,594   1,594   691
Dividends declared on common shares (49,127) (49,127)     (49,127)  
Distributions declared on LTIP units (473)         (473)
Reallocation of noncontrolling interest 0 (286)   (286)   286
Net income 33,178 32,966     32,966 212
Ending Balance (in shares) at Dec. 31, 2015     38,308,937      
Ending Balance at Dec. 31, 2015 697,002 692,871 $ 379 719,773 (27,281) 4,131
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of shares pursuant to Equity Incentive Plan (in shares)     26,488      
Issuance of shares pursuant to Equity Incentive Plan 550 550   550    
Issuance of shares, net of offering costs (in shares)     23,738      
Issuance of shares, net of offering costs 408 408 $ 1 407    
Issuance of restricted time-based shares (in shares)     7,851      
Issuance of restricted time-based shares 0          
Amortization of share based compensation 2,513 1,278   1,278   1,235
Dividends declared on common shares (49,859) (49,859)     (49,859)  
Distributions declared on LTIP units (719)         (719)
Reallocation of noncontrolling interest 0 11   11   (11)
Net income 31,695 31,483     31,483 212
Ending Balance (in shares) at Dec. 31, 2016     38,367,014      
Ending Balance at Dec. 31, 2016 $ 681,590 $ 676,742 $ 380 $ 722,019 $ (45,657) $ 4,848