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Equity and Capital
9 Months Ended
Sep. 30, 2014
Equity and Capital [Abstract]  
Equity and Capital
Equity and Capital

Common Stock of the Parent Company

Issuances:

In March 2014, the Parent Company filed a prospectus supplement with the Securities and Exchange Commission with respect to a new ATM equity offering program, ending the prior program established in August 2013. The March 2014 program has similar terms and conditions as the August 2013 program and authorizes the Parent Company to sell up to $200 million of common stock at prices determined by the market at the time of sale. As of September 30, 2014, $150 million in common stock remained available for issuance under this ATM equity program.

The following shares were issued under the ATM equity programs (in thousands, except price per share data):

 
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2014
 
2013
 
2014
 
2013
Shares issued
 
872

 
30

 
872

 
1,899

Weighted average price per share
$
57.35

 
52.28

$
57.35

 
53.35

Total proceeds
$
49,995

 
1,568

$
49,995

 
101,342

Commissions
$
695

 
24

$
695

 
1,520

Issuance costs
$

 
69

$

 
69



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.

Accumulated Other Comprehensive Loss

The following tables present changes in the balances of each component of accumulated other comprehensive loss (in thousands):

 
 
Nine months ended September 30, 2014
 
 
Loss on Settlement of Derivative Instruments
 
Fair Value of Derivative Instruments
 
 Unrealized Gain on Available-for-Sale Securities
 
Accumulated Other Comprehensive Income (Loss)
Beginning balance at December 31, 2013
 
$
(52,542
)
 
35,138

 

 
(17,404
)
Net loss on cash flow derivative instruments
 

 
(28,326
)
 

 
(28,326
)
Amounts reclassified from other comprehensive income
 
6,628

 
338

 

 
6,966

Unrealized gain on available-for-sale securities
 

 

 
4,801

 
4,801

Current period other comprehensive income, net
 
6,628

 
(27,988
)
 
4,801

 
(16,559
)
Ending balance at September 30, 2014
 
$
(45,914
)
 
7,150

 
4,801

 
(33,963
)


 
 
Nine months ended September 30, 2013
 
 
Loss on Settlement of Derivative Instruments
 
Fair Value of Derivative Instruments
 
 Unrealized Gain on Available-for-Sale Securities
 
Accumulated Other Comprehensive Income (Loss)
Beginning balance at December 31, 2012
 
$
(61,991
)
 
4,276

 

 
(57,715
)
Net gain on cash flow derivative instruments
 

 
22,187

 

 
22,187

Amounts reclassified from other comprehensive income
 
7,086

 
12

 

 
7,098

Unrealized gain on available-for-sale securities
 

 

 

 

Current period other comprehensive income, net
 
7,086

 
22,199

 

 
29,285

Ending balance at September 30, 2013
 
$
(54,905
)
 
26,475

 

 
(28,430
)


The following represents amounts reclassified out of accumulated other comprehensive loss into earnings (in thousands):
Details about Accumulated Other Comprehensive Loss Components
 
Amount Reclassified from Accumulated Other Comprehensive Loss
 
Affected Line Item in the Statement of Operations
 
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
 
 
2014
 
2013
 
2014
 
2013
 
 
Loss on cash flow hedges
 
 
 
 
 
 
 
 
 
 
Interest rate derivative contracts
 
$
(2,217
)
 
(2,366
)
 
$
(6,966
)
 
(7,098
)
 
Interest expense