XML 23 R6.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Preferred Stock
Public offering of preferred stock
Preferred Stock
Common Stock
Underwritten public offering of common stock
Common Stock
Additional Paid-in Capital
Underwritten public offering of common stock
Additional Paid-in Capital
Public offering of preferred stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit and Distributions
Total Shareholders' Equity
Underwritten public offering of common stock
Total Shareholders' Equity
Public offering of preferred stock
Total Shareholders' Equity
Non-controlling Interests
Operating Partnership
Non-controlling Interests
Joint Venture
Underwritten public offering of common stock
Public offering of preferred stock
Total
Balance at beginning of year at Dec. 31, 2012   $ 50   $ 462     $ 468,820 $ (528) $ (31,985)     $ 436,819 $ 36,718       $ 473,537
Balance (in shares) at Dec. 31, 2012   5,000,000   46,159,652                          
Changes in equity                                  
Net proceeds from sale of stock $ 34   $ 345   $ 299,727 $ 81,689       $ 300,072 $ 81,723       $ 300,072 $ 81,723  
Sale of stock (in shares) 3,400,000   34,500,000                            
Common stock redemption of common units       $ 44     30,574         30,618 (30,618)        
Common stock redemption of common units (in shares)       4,414,950                          
Contribution by non-controlling interests in joint venture                           $ 7,500     7,500
Dividends paid                 (46,470)     (46,470) (1,124)       (47,594)
Equity-based compensation       $ 3     2,048         2,051 73       2,124
Equity-based compensation (in shares)       327,806                          
Other comprehensive income (loss)               (851)       (851) (30)       (881)
Net income (loss)                 5,878     5,878 (297) 316     5,897
Balance at end of year at Dec. 31, 2013   $ 84   $ 854     882,858 (1,379) (72,577)     809,840 4,722 7,816     822,378
Balance (in shares) at Dec. 31, 2013   8,400,000   85,402,408                          
Changes in equity                                  
Common stock redemption of common units       $ 4     2,425         2,429 (2,429)        
Common stock redemption of common units (in shares)       438,631                          
Common units issued for acquisition                         3,685       3,685
Acquisition of non-controlling interest in joint venture             (415)         (415)   (7,817)     (8,232)
Dividends paid                 (56,073)     (56,073) (477)       (56,550)
Equity-based compensation       $ 3     3,479         3,482 42       3,524
Equity-based compensation (in shares)       321,269                          
Other             (156)         (156)         (156)
Other (in shares)       (12,588)                          
Other comprehensive income (loss)               (367)       (367) (4)       (371)
Net income (loss)                 20,871     20,871 51 $ 1     20,923
Balance at end of year at Dec. 31, 2014   $ 84   $ 861     888,191 (1,746) (107,779)     779,611 5,590       785,201
Balance (in shares) at Dec. 31, 2014   8,400,000   86,149,720                          
Changes in equity                                  
Common stock redemption of common units       $ 3     1,919         1,922 (1,922)        
Common stock redemption of common units (in shares)       268,947                          
Dividends paid                 (57,293)     (57,293) (309)       (57,602)
Equity-based compensation       $ 4     4,713         4,717 36       4,753
Equity-based compensation (in shares)       411,239                          
Other             (763)         (763)         (763)
Other (in shares)       (36,385)                          
Other comprehensive income (loss)               80       80 1       81
Net income (loss)                 124,437     124,437 819       125,256
Balance at end of year at Dec. 31, 2015   $ 84   $ 868     $ 894,060 $ (1,666) $ (40,635)     $ 852,711 $ 4,215       $ 856,926
Balance (in shares) at Dec. 31, 2015   8,400,000   86,793,521