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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $)
In Thousands
Total
Series A Cumulative Redeemable Preferred Stock [Member]
Common Stock [Member]
Additional Common and Preferred Paid-in Capital [Member]
Accumulated Deficit and Distributions [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total Stockholder's Equity [Member]
Noncontrolling Interests [Member]
Balance at Dec. 31, 2010 $ 246,790 $ 0 $ 307 $ 248,515 $ (5,491) $ (172) $ 243,159 $ 3,631
Amortization of restricted stock awards and operating partnership units 842 0 0 218 0 0 218 624
Dividends on common stock (19,649) 0 0 0 (19,649) 0 (19,649) 0
Dividends to noncontrolling interests (280) 0 0 0 0 0 0 (280)
Transaction Cost 0 0 0 (134) 0 0 (134) 0
Change in fair value of interest rate derivatives (215) 0 0 0 0 (215) (215) 0
Foreign currency translation 0              
Net income 3,781 0 0 0 3,730 0 3,730 51
Balance at Dec. 31, 2011 231,135 0 307 248,599 (21,410) (387) 227,109 4,026
Net proceeds of sale of preferred stock 54,893 23 0 54,870 0 0 54,893 0
Net proceeds of sale of common stock 72,162 0 75 72,087 0 0 72,162 0
Issuance of restricted stock 0 0 4 (4) 0 0 0 0
Amortization of restricted stock awards and operating partnership units 2,252 0 0 1,628 0 0 1,628 624
Dividends on preferred stock (4,114) 0 0 0 (4,114) 0 (4,114) 0
Dividends on common stock (22,275) 0 0 0 (22,275) 0 (22,275) 0
Dividends to noncontrolling interests (281) 0 0 0 0 0 0 (281)
Transaction Cost 0              
Change in fair value of interest rate derivatives 332 0 0 0 0 329 329 3
Foreign currency translation 0              
Net income 10,798 0 0 0 10,752 0 10,752 46
Balance at Dec. 31, 2012 344,902 23 386 377,180 (37,047) (58) 340,484 4,418
Net proceeds of sale of preferred stock 91,282 38 0 91,244 0 0 91,282 0
Net proceeds of sale of common stock 299,719 0 255 299,464 0 0 299,719 0
Equity portion of issuance of convertible notes 3,207 0 0 3,207 0 0 3,207 0
Issuance of restricted stock 0 0 4 (4) 0 0 0 0
Amortization of restricted stock awards and operating partnership units 3,300 0 0 2,805 0 0 2,805 495
Dividends on preferred stock (6,183) 0 0 0 (6,183) 0 (6,183) 0
Dividends on common stock (42,565) 0 0 0 (42,565) 0 (42,565) 0
Dividends to noncontrolling interests (287) 0 0 0 0 0 0 (287)
Transaction Cost 1,121              
Change in fair value of interest rate derivatives 58 0 0 0 0 58 58 1
Foreign currency translation (71) 0 0 0 0 (71) (71) 0
Net income 1,618 0 0 0 1,652 0 1,652 (34)
Balance at Dec. 31, 2013 $ 694,981 $ 61 $ 645 $ 773,896 $ (84,143) $ (71) $ 690,388 $ 4,593