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Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit and Distributions
Total Shareholders’ Equity
Non-controlling Interests
Operating Partnership state and local income tax expense
Non-controlling Interests
Joint venture
Preferred Stock
Preferred Stock
Preferred Stock
Preferred Stock
Additional Paid-In Capital
Preferred Stock
Total Shareholders’ Equity
Common Stock
Common Stock
Common Stock
Common Stock
Additional Paid-In Capital
Common Stock
Total Shareholders’ Equity
Balance at beginning of year at Dec. 31, 2013 $ 822,378 $ 84 $ 854 $ 882,858 $ (1,379) $ (72,577) $ 809,840 $ 4,722 $ 7,816                
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 redemptions of common stock (in shares)     438,631                            
Common units issued for acquisition 3,685             3,685                  
Acquisition of non-controlling interest in joint venture (8,232)     (415)     (415)   (7,817)                
Dividends paid (56,550)         (56,073) (56,073) (477)                  
Equity-based compensation 3,524   $ 3 3,479     3,482 42                  
Equity-based compensation (in shares)     321,269                            
Other (156)     (156)     (156)                    
Other (in shares)     (12,588)                            
Other comprehensive loss (371)       (367)   (367) (4)                  
Net income 20,923         20,871 20,871 51 $ 1                
Balance at end of year at Dec. 31, 2014 $ 785,201 $ 84 $ 861 888,191 (1,746) (107,779) 779,611 5,590                  
Balance (in shares) at Dec. 31, 2014   8,400,000 86,149,720                            
Changes in equity                                  
Sale of stock (in shares) 0                                
Common stock redemption of common units     $ 3 1,919     1,922 (1,922)                  
Common stock redemptions of common stock (in shares) 268,947   268,947                            
Dividends paid $ (57,602)         (57,293) (57,293) (309)                  
Equity-based compensation 4,753   $ 4 4,713     4,717 36                  
Equity-based compensation (in shares)     411,239                            
Other (763)     (763)     (763)                    
Other (in shares)     (36,385)                            
Other comprehensive loss 81       80   80 1                  
Net income 125,256         124,437 124,437 819                  
Balance at end of year at Dec. 31, 2015 $ 856,926 $ 84 $ 868 894,060 (1,666) (40,635) 852,711 4,215                  
Balance (in shares) at Dec. 31, 2015   8,400,000 86,793,521                            
Changes in equity                                  
Sale of stock                   $ 72,290 $ 30 $ 72,260 $ 72,290 $ 89,057 $ 62 $ 88,995 $ 89,057
Sale of stock (in shares) 6,151,514                   3,000,000       6,151,514    
Redemption of preferred shares $ (50,000) $ (20)   (47,855)   (2,125) (50,000)                    
Redemption of preferred shares (in shares)   (2,000,000)                              
Common stock redemption of common units     $ 1 1,022     1,023 (1,023)                  
Common stock redemptions of common stock (in shares) 119,308   119,308                            
Dividends paid $ (66,713)         (66,467) (66,467) (246)                  
Equity-based compensation 4,221   $ 5 4,194     4,199 22                  
Equity-based compensation (in shares)     522,748                            
Other (1,265)   $ (1) (1,264)     (1,265)                    
Other (in shares)     (61,622)                            
Other comprehensive loss 693       689   689 4                  
Net income 108,261         107,805 107,805 456                  
Balance at end of year at Dec. 31, 2016 $ 1,013,470 $ 94 $ 935 $ 1,011,412 $ (977) $ (1,422) $ 1,010,042 $ 3,428                  
Balance (in shares) at Dec. 31, 2016   9,400,000 93,525,469