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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
Total
Common Stock
Additional Paid-in Capital
Distributions In Excess Of Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest in Joint Ventures
BALANCE at Dec. 31, 2012 $ 491,176,000 $ 3,000 $ 731,950,000 $ (245,249,000) $ (392,000) $ 4,864,000
Comprehensive income            
Net income 33,225,000 0 0 32,615,000 0 610,000
Net unrealized change in fair value of interest rate swaps 2,021,000 0 0 0 2,021,000 0
Common dividends declared - $2.14, $2.22 and $2.34 per share in 2013, 2014 and 2015, respectively (65,535,000) 0 0 (65,535,000) 0 0
Stock-based compensation, net of forfeitures 5,540,000 0 5,540,000 0 0 0
Issuance of 890,085, 1,246,400 and 106,751 shares of common stock, common stock offering, net of expenses in 2013, 2014 and 2015, respectively 53,247,000 0 53,247,000 0 0 0
Issuance of 4,500 shares of common stock, options exercised in 2013 120,000 0 120,000 0 0 0
Issuance of 3,577, 3,626 and 4,536 shares of common stock, dividend reinvestment plan in 2013, 2014 and 2015, respectively 206,000 0 206,000 0 0 0
Withheld 9,412, 31,673 and 32,409 shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock in 2013, 2014 and 2015, respectively (528,000) 0 (528,000) 0 0 0
Distributions to noncontrolling interest (767,000) 0 0 0 0 (767,000)
BALANCE at Dec. 31, 2013 518,705,000 3,000 790,535,000 (278,169,000) 1,629,000 4,707,000
Comprehensive income            
Net income 48,473,000 0 0 47,941,000 0 532,000
Net unrealized change in fair value of interest rate swaps (3,986,000) 0 0 0 (3,986,000) 0
Common dividends declared - $2.14, $2.22 and $2.34 per share in 2013, 2014 and 2015, respectively (70,624,000) 0 0 (70,624,000) 0 0
Stock-based compensation, net of forfeitures 6,567,000 0 6,567,000 0 0 0
Issuance of 890,085, 1,246,400 and 106,751 shares of common stock, common stock offering, net of expenses in 2013, 2014 and 2015, respectively 78,868,000 0 78,868,000 0 0 0
Issuance of 3,577, 3,626 and 4,536 shares of common stock, dividend reinvestment plan in 2013, 2014 and 2015, respectively 227,000 0 227,000 0 0 0
Withheld 9,412, 31,673 and 32,409 shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock in 2013, 2014 and 2015, respectively (1,862,000) 0 (1,862,000) 0 0 0
Distributions to noncontrolling interest (753,000) 0 0 0 0 (753,000)
BALANCE at Dec. 31, 2014 575,615,000 3,000 874,335,000 (300,852,000) (2,357,000) 4,486,000
Comprehensive income            
Net income 48,399,000 0 0 47,866,000 0 533,000
Net unrealized change in fair value of interest rate swaps (1,099,000) 0 0 0 (1,099,000) 0
Common dividends declared - $2.14, $2.22 and $2.34 per share in 2013, 2014 and 2015, respectively (75,906,000) 0 0 (75,906,000) 0 0
Stock-based compensation, net of forfeitures 8,423,000 0 (8,423,000) 0 0 0
Issuance of 890,085, 1,246,400 and 106,751 shares of common stock, common stock offering, net of expenses in 2013, 2014 and 2015, respectively 6,233,000 0 6,233,000 0 0 0
Issuance of 3,577, 3,626 and 4,536 shares of common stock, dividend reinvestment plan in 2013, 2014 and 2015, respectively 257,000 0 257,000 0 0 0
Withheld 9,412, 31,673 and 32,409 shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock in 2013, 2014 and 2015, respectively (2,041,000) 0 2,041,000 0 0 0
Distributions to noncontrolling interest (680,000) 0 0 0 0 (680,000)
BALANCE at Dec. 31, 2015 $ 559,201,000 $ 3,000 $ 887,207,000 $ (328,892,000) $ (3,456,000) $ 4,339,000