Equity and Capital

Common Stock of the Parent Company

Issuances:

On August 10, 2012, the Parent Company entered into an at the market ("ATM") equity distribution agreement in which we may from time to time offer and sell up to $150.0 million of our common stock. The net proceeds are expected to fund potential acquisition opportunities, fund development or redevelopment activities, repay amounts outstanding under our revolving credit facility and/or for general corporate purposes. During the three months ended March 31, 2013, 995,728 shares were issued at a weighted average price per share of $52.62 for proceeds of $51.6 million, net of commissions of approximately $786,600 and issuance costs of approximately $3,500. As of March 31, 2013, the Company had the capacity to issue $75.6 million in common stock under its ATM equity program. Since March 31, 2013, the Company settled an additional 207,000 shares that traded prior to March 31, 2013 at a weighted average price per share of $52.45 for net proceeds of $10.7 million.

Common Units of the Operating Partnership

Issuances:

Common units were issued to the Parent Company in relation to the Parent Company's issuance of common stock, as discussed above.

Stock-Based Compensation

During 2013, the Company granted approximately 230,000 shares of non-vested restricted stock awards with a weighted-average grant-date fair value of $52.40 per share.

Accumulated Other Comprehensive Loss

The following table presents changes in the balances of each component of accumulated other comprehensive loss for the three months ended March 31, 2013 (in thousands):



		Loss on Settlement of Derivative Instruments		Fair Value of Derivative Instruments	Accumulated Other Comprehensive Income (Loss)
Beginning balance at December 31, 2012	$	(61,991	)	4,276	(57,715	)
Net gain on cash flow derivative instruments		—		3,366	3,366
Amounts reclassified from other comprehensive income		2,362		4	2,366
Current period other comprehensive income, net		2,362		3,370	5,732
Ending balance at March 31, 2013	$	(59,629	)	7,646	(51,983	)

The following represents amounts reclassified out of accumulated other comprehensive loss into earnings during the three months ended March 31, 2013 and 2012, respectively:



Details about Accumulated Other Comprehensive Loss Components		Amount Reclassified from Accumulated Other Comprehensive Loss		Affected Line Item in the Statement of Operations
		2013	2012
Gains / (Losses) on cash flow hedges
Interest rate derivative contracts	$	2,367	2,364	Interest expense