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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common stock
Capital in excess of par value
Cumulative net income
Cumulative dividends
Accumulated other comprehensive income/(loss)
UHT Shareholders' Equity
Balance at Dec. 31, 2014 $ 204,581 $ 133 $ 240,835 $ 531,595 $ (567,894) $ (88) $ 204,581
Balance, Shares at Dec. 31, 2014   13,302          
Shares of Beneficial Interest:              
Issued 513   513       513
Issued (in shares)   25          
Partial settlement of dividend equivalent rights (75)   (75)       (75)
Restricted stock-based compensation expense 427   427       427
Dividends ($2.64/share) in 2017, and ($2.60/share) in 2016 ($2.56/share) in 2015 (34,089)       (34,089)   (34,089)
Comprehensive income:              
Net income 23,691     23,691     23,691
Unrealized gain (loss) on interest rate cap (6)         (6) (6)
Subtotal - comprehensive income 23,685     23,691   (6) 23,685
Balance at Dec. 31, 2015 195,042 $ 133 241,700 555,286 (601,983) (94) 195,042
Balance, Shares at Dec. 31, 2015   13,327          
Shares of Beneficial Interest:              
Issued 13,508 $ 3 13,505       13,508
Issued (in shares)   272          
Partial settlement of dividend equivalent rights (30)   (30)       (30)
Restricted stock-based compensation expense 481   481       481
Dividends ($2.64/share) in 2017, and ($2.60/share) in 2016 ($2.56/share) in 2015 (35,138)       (35,138)   (35,138)
Comprehensive income:              
Net income 17,215     17,215     17,215
Unrealized gain (loss) on interest rate cap 199         199 199
Subtotal - comprehensive income 17,414     17,215   199 17,414
Balance at Dec. 31, 2016 191,277 $ 136 255,656 572,501 (637,121) 105 191,277
Balance, Shares at Dec. 31, 2016   13,599          
Shares of Beneficial Interest:              
Issued 9,142 $ 1 9,141       9,142
Issued (in shares)   136          
Restricted stock-based compensation expense 538   538       538
Dividends ($2.64/share) in 2017, and ($2.60/share) in 2016 ($2.56/share) in 2015 (36,054)       (36,054)   (36,054)
Comprehensive income:              
Net income 45,619     45,619     45,619
Unrealized gain (loss) on interest rate cap 39         39 39
Subtotal - comprehensive income 45,658     45,619   39 45,658
Balance at Dec. 31, 2017 $ 210,561 $ 137 $ 265,335 $ 618,120 $ (673,175) $ 144 $ 210,561
Balance, Shares at Dec. 31, 2017   13,735