XML 33 R45.htm IDEA: XBRL DOCUMENT v2.4.1.9
Equity Incentive Plan (Details) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Equity Incentive Plan    
Maximum number of common shares of beneficial interest to be issued (in shares) 5,000,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized  
Summary of non-vested shares/units    
Granted (in shares) 1,057us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod  
Weighted Average Grant Date Fair Value    
Granted (in dollars per share)   $ 31.31us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
Other Disclosures    
Share-based compensation expense $ 33,000us-gaap_AllocatedShareBasedCompensationExpense $ 28,000us-gaap_AllocatedShareBasedCompensationExpense
Restricted share awards    
Summary of non-vested shares/units    
Unvested at the beginning of the period (in shares) 731,459us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
 
Granted (in shares) 254,299us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
[1]  
Vested (in shares) (139,213)us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
[1]  
Forfeited (in shares) (229)us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
 
Unvested at the end of the period (in shares) 846,316us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
 
Weighted Average Grant Date Fair Value    
Unvested at the beginning of the period (in dollars per share) $ 21.21us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
 
Granted (in dollars per share) $ 32.49us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
[1]  
Vested (in dollars per share) $ 19.69us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
[1]  
Forfeited (in dollars per share) $ 26.64us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
 
Unvested at the end of the period (in dollars per share) $ 24.84us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
 
Other Disclosures    
Share-based compensation expense 2,900,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
2,500,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
Total unrecognized compensation costs 19,500,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
 
Weighted-average period of recognition of unrecognized share-based compensation expense 2 years 10 months 24 days  
Total fair value of shares vested 4,600,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
 
Performance Units    
Summary of non-vested shares/units    
Unvested at the end of the period (in shares) 1,000,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= us-gaap_PerformanceSharesMember
 
Weighted Average Grant Date Fair Value    
Unvested at the end of the period (in dollars per share) $ 15.36us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
/ us-gaap_AwardTypeAxis
= us-gaap_PerformanceSharesMember
 
Other Disclosures    
Share-based compensation expense 1,100,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_PerformanceSharesMember
1,100,000us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_AwardTypeAxis
= us-gaap_PerformanceSharesMember
Total unrecognized compensation costs $ 3,400,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
/ us-gaap_AwardTypeAxis
= us-gaap_PerformanceSharesMember
 
Weighted-average period of recognition of unrecognized share-based compensation expense 9 months 18 days  
Vesting period 4 years  
Measurement period 3 years  
Time-based vesting period 1 year  
Common shares available for future grant (in share) 2,487,410us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
/ us-gaap_AwardTypeAxis
= us-gaap_PerformanceSharesMember
 
[1] Includes 1,057 unrestricted shares issued in lieu of cash compensation to non-employee trustees at a weighted-average grant date fair value of $31.31.