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Equity and Capital
 9 Months Ended
Sep. 30, 2015
Equity and Capital [Abstract]  
Equity and Capital
Equity and Capital

Common Stock of the Parent Company

Issuances:

The current ATM equity offering program 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, 2015, $95.0 million of common stock remained available for issuance under this ATM equity program.

The following table presents the shares that were issued under the ATM equity program, with no shares issued during the three months ended September 30, 2015:
 
Three months ended September 30,
 
Nine months ended September 30,
(dollar amounts are in thousands, except price per share data)
2014
 
2015
 
2014
Shares issued
871,754

 
18,125

 
871,754

Weighted average price per share
$
57.35

 
$
64.72

 
57.35

Total proceeds
$
49,995

 
$
1,173

 
49,995

Commissions
$
695

 
$
15

 
695

Issuance costs
$
—

 
$
—

 
—




In January 2015, the Parent Company entered into a forward sale and an underwritten public offering of 2.875 million shares of its common stock at a price of $67.40 per share which will result in gross proceeds of approximately $193.8 million, before any underwriting discount and offering expenses. The forward sale will settle on one or more dates no later than January 14, 2016.


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 AOCI:
 
Controlling Interest
 
Noncontrolling Interest
 
Total
(in thousands)
Cash Flow Hedges
 
Unrealized gain (loss) on Available-For-Sale Securities
 
AOCI
 
Cash Flow Hedges
 
Unrealized gain (loss) on Available-For-Sale Securities
 
AOCI
 
AOCI
Balance as of December 31, 2013
$
(17,404
)
 
—

 
(17,404
)
 
(479
)
 
—

 
(479
)
 
(17,883
)
Other comprehensive income before reclassifications
(28,326
)
 
4,801

 
(23,525
)
 
(277
)
 
8

 
(269
)
 
(23,794
)
Amounts reclassified from accumulated other comprehensive income
6,966

 
—

 
6,966

 
132

 
—

 
132

 
7,098

Current period other comprehensive income, net
(21,360
)
 
4,801

 
(16,559
)
 
(145
)
 
8

 
(137
)
 
(16,696
)
Balance as of September 30, 2014
$
(38,764
)
 
4,801

 
(33,963
)
 
(624
)
 
8

 
(616
)
 
(34,579
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Controlling Interest
 
Noncontrolling Interest
 
Total
(in thousands)
Cash Flow Hedges
 
Unrealized gain (loss) on Available-For-Sale Securities
 
AOCI
 
Cash Flow Hedges
 
Unrealized gain (loss) on Available-For-Sale Securities
 
AOCI
 
AOCI
Balance as of December 31, 2014
$
(57,748
)
 
—

 
(57,748
)
 
(750
)
 
—

 
(750
)
 
(58,498
)
Other comprehensive income before reclassifications
(11,022
)
 
(73
)
 
(11,095
)
 
(252
)
 
—

 
(252
)
 
(11,347
)
Amounts reclassified from accumulated other comprehensive income
6,536

 
—

 
6,536

 
118

 
—

 
118

 
6,654

Current period other comprehensive income, net
(4,486
)
 
(73
)
 
(4,559
)
 
(134
)
 
—

 
(134
)
 
(4,693
)
Balance as of September 30, 2015
$
(62,234
)
 
(73
)
 
(62,307
)
 
(884
)
 
—

 
(884
)
 
(63,191
)

The following represents amounts reclassified out of AOCI into income:
AOCI Component
Amount Reclassified from AOCI into income
 
Affected Line Item Where Net Income is Presented
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
(in thousands)
2015
 
2014
 
2015
 
2014
 
 
Interest rate swaps
$
2,155

 
$
2,260

 
$
6,654

 
$
7,098

 
Interest expense