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EQUITY STRUCTURE AND ACCOUNTS (Tables)
3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Schedule of Repurchase of Treasury Stock Activity
The following table is a summary of the Company’s repurchase activity of its Class A common stock during the three months ended March 31, 2016 ($ in thousands):

 
 
Shares
 
Amount(1)
 
 
 
 
 
Authorizations remaining as of December 31, 2015
 
 
 
$
49,006

Additional authorizations
 
 
 

Repurchases paid
 
424,317

 
(4,652
)
Repurchases unsettled
 
 
 

Authorizations remaining as of March 31, 2016
 
 
 
$
44,354

 
(1)         Amount excludes commissions paid associated with share repurchases.
Schedule of Dividends Declared and Paid
The following table presents dividends declared (on a per share basis) of Class A common stock for the three months ended March 31, 2016 and 2015:

Declaration Date
 
Dividend per Share
 
 
 
March 1, 2016
 
$
0.275

Total
 
$
0.275

 
 
 
March 12, 2015
 
$
0.250

Total
 
$
0.250


Schedule of Accumulated Other Comprehensive Income
The following table presents changes in accumulated other comprehensive income related to the cumulative difference between the fair market value and the carrying value of CMBS for the three months ended March 31, 2016 ($ in thousands):
 
 
Accumulated Other Comprehensive Income (Loss)
 
Accumulated Other Comprehensive Income of Noncontrolling Interests
 
Total Accumulated Other Comprehensive Income
 
 
 
 
 
 
 
December 31, 2015
 
$
(3,556
)
 
$
(2,839
)
 
$
(6,395
)
Other comprehensive income (loss)
 
19,467

 
14,916

 
34,383

Exchange of noncontrolling interest for common stock
 
(122
)
 
122

 

Rebalancing of ownership percentage between Company and Operating Partnership
 
350

 
(350
)
 

March 31, 2016
 
$
16,139

 
$
11,849

 
$
27,988