XML 36 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Parent
Noncontrolling Interest
Balance at Dec. 31, 2010 $ 587,522 $ 40 $ 303,823 $ (2,857) $ 17,206 $ 318,212 $ 269,310
Balance (in Shares) at Dec. 31, 2010   40,254,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership (in Shares)   11,000          
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership 0 0 49 0 0 49 (49)
Issuance of OP Units to Acquire Real Estate 0            
Dividends declared ($0.54 per Common Share) (22,514) 0 0 0 (21,776) (21,776) (738)
Vesting of employee Restricted Share and LTIP awards (in Shares)   95,000          
Vesting of employee Restricted Share and LTIP awards 3,218 0 389 0 0 389 2,829
Common Shares issued under Employee Share Purchase Plan (in Shares)   4,000          
Common Shares issued under Employee Share Purchase Plan 68 0 68 0 0 68 0
Issuance of LTIP Unit awards to employees 2,441 0 0 0 0 0 2,441
Issuance of Common Shares to trustees (in Shares)   8,000          
Issuance of Common Shares to trustees 171 0 171 0 0 171 0
Exercise of Share options (in Shares)   1,000          
Exercise of Share options 7 0 7 0 0 7 0
Employee Restricted Shares cancelled (in Shares)   (40,000)          
Employee Restricted Shares cancelled (724) 0 (724) 0 0 (724) 0
Noncontrolling interest distributions (815) 0 0 0 0 0 (815)
Noncontrolling Interest contributions 43,646 0 0 0 0 0 43,646
Balance before adjustment towards comprehensive income (in Shares)   40,333,000          
Balance before adjustment towards comprehensive income 613,020 40 303,783 (2,857) (4,570) 296,396 316,624
Comprehensive (loss) income:              
Net income 39,340 0 0 0 43,668 43,668 (4,328)
Unrealized loss on valuation of swap agreements (5,209) 0 0 (3,265) 0 (3,265) (1,944)
Reclassification of realized interest on swap agreements 2,398 0 0 1,891 0 1,891 507
Total comprehensive (loss) income 36,529 0 0 (1,374) 43,668 42,294 (5,765)
Balance at Sep. 30, 2011 649,549 40 303,783 (4,231) 39,098 338,690 310,859
Balance (in Shares) at Sep. 30, 2011   40,333,000          
Balance at Dec. 31, 2011 769,309 43 348,667 (3,913) 39,317 384,114 385,195
Balance (in Shares) at Dec. 31, 2011 42,586,376 42,586,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership (in Shares)   171,000          
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership 0 0 2,711 0 0 2,711 (2,711)
Issuance of Common Shares, net of issuance costs (in Shares)   4,332,000          
Issuance of Common Shares, net of issuance costs 98,312 4 98,308 0 0 98,312 0
Issuance of OP Units to Acquire Real Estate 2,279 0 0 0 0 0 2,279
Dividends declared ($0.54 per Common Share) (25,324) 0 0 0 (24,477) (24,477) (847)
Vesting of employee Restricted Share and LTIP awards (in Shares)   44,000          
Vesting of employee Restricted Share and LTIP awards 2,707 0 128 0 0 128 2,579
Common Shares issued under Employee Share Purchase Plan (in Shares)   3,000          
Common Shares issued under Employee Share Purchase Plan 59 0 59 0 0 59 0
Issuance of LTIP Unit awards to employees 2,577 0 0 0 0 0 2,577
Issuance of Common Shares to trustees (in Shares)   0          
Issuance of Common Shares to trustees 280 0 280 0 0 280 0
Exercise of Share options (in Shares)   11,000          
Exercise of Share options 160 0 160 0 0 160 0
Employee Restricted Shares cancelled (in Shares)   (8,000)          
Employee Restricted Shares cancelled (150) 0 (150) 0 0 (150) 0
Noncontrolling interest distributions (62,645) 0 0 0 0 0 (62,645)
Noncontrolling Interest contributions 122,309 0 0 0 0 0 122,309
Balance before adjustment towards comprehensive income (in Shares)   47,139,000          
Balance before adjustment towards comprehensive income 909,873 47 450,163 (3,913) 14,840 461,137 448,736
Comprehensive (loss) income:              
Net income 20,652 0 0 0 18,429 18,429 2,223
Unrealized loss on valuation of swap agreements (3,870) 0 0 (2,212) 0 (2,212) (1,658)
Reclassification of realized interest on swap agreements 1,964 0 0 1,362 0 1,362 602
Total comprehensive (loss) income 18,746 0 0 (850) 18,429 17,579 1,167
Balance at Sep. 30, 2012 $ 928,619 $ 47 $ 450,163 $ (4,763) $ 33,269 $ 478,716 $ 449,903
Balance (in Shares) at Sep. 30, 2012 47,138,544 47,139,000