XML 49 R36.htm IDEA: XBRL DOCUMENT v3.7.0.1
EQUITY STRUCTURE AND ACCOUNTS (Tables)
 3 Months Ended
Mar. 31, 2017
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, 2017 and 2016 ($ in thousands):

 
 
Shares
 
Amount(1)
 
 
 
 
 
Authorizations remaining as of December 31, 2016
 
 
 
$
44,353

Additional authorizations
 
 
 
—

Repurchases paid
 
—

 
—

Repurchases unsettled
 
 
 
—

Authorizations remaining as of March 31, 2017
 
 
 
$
44,353

 
(1)         Amount excludes commissions paid associated with share repurchases.
 
 
Shares
 
Amount(1)
 
 
 
 
 
Authorizations remaining as of December 31, 2015
 
 
 
$
49,006

Additional authorizations
 
 
 
—

Repurchases paid
 
424,317

 
(4,653
)
Repurchases unsettled
 
 
 
—

Authorizations remaining as of March 31, 2016
 
 
 
$
44,353

 
(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, 2017 and 2016:

Declaration Date
 
Dividend per Share
 
 
 
March 1, 2017
 
$
0.300

Total
 
$
0.300

 
 
 
March 1, 2016
 
$
0.275

Total
 
$
0.275
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 amortized cost basis of securities classified as available for sale for the three months ended March 31, 2017 and 2016 ($ in thousands):
 
 
Accumulated Other Comprehensive Income (Loss)
 
Accumulated Other Comprehensive Income of Noncontrolling Interests
 
Total Accumulated Other Comprehensive Income
 
 
 
 
 
 
 
December 31, 2016
 
$
1,365

 
$
761

 
$
2,126

Other comprehensive income (loss)
 
3,117

 
1,634

 
4,751

Exchange of noncontrolling interest for common stock
 
403

 
(403
)
 
—

Rebalancing of ownership percentage between Company and Operating Partnership
 
(51
)
 
51

 
—

March 31, 2017
 
$
4,834

 
$
2,043

 
$
6,877


 
 
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