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Equity and Capital (Tables)
6 Months Ended
Jun. 30, 2016
Equity and Capital [Abstract]  
Summary of shares issued under ATM equity programs
The following table presents the shares that were issued under the ATM equity program during the six months ended June 30, 2016 and 2015:
 
 
Six months ended June 30,
(dollar amounts are in thousands, except price per share data)
 
2016
 
2015
Shares issued (1)
 
182,787

 
18,125

Weighted average price per share
 
$
68.85

 
64.72

Gross proceeds
 
$
12,584

 
1,173

Commissions
 
$
157

 
15

(1) Reflects shares traded in December and settled in January each year.
Summary of 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, 2014
$
(57,748
)
 

 
(57,748
)
 
(750
)
 

 
(750
)
 
(58,498
)
Other comprehensive income before reclassifications
4,558

 
(30
)
 
4,528

 
(64
)
 

 
(64
)
 
4,464

Amounts reclassified from accumulated other comprehensive income
4,421

 

 
4,421

 
79

 

 
79

 
4,500

Current period other comprehensive income, net
8,979

 
(30
)
 
8,949

 
15

 

 
15

 
8,964

Balance as of June 30, 2015
$
(48,769
)
 
(30
)
 
(48,799
)
 
(735
)
 

 
(735
)
 
(49,534
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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, 2015
$
(58,650
)
 
(43
)
 
(58,693
)
 
(785
)
 

 
(785
)
 
(59,478
)
Other comprehensive income before reclassifications
(26,256
)
 
37

 
(26,219
)
 
(375
)
 

 
(375
)
 
(26,594
)
Amounts reclassified from accumulated other comprehensive income
4,874

 

 
4,874

 
78

 

 
78

 
4,952

Current period other comprehensive income, net
(21,382
)
 
37

 
(21,345
)
 
(297
)
 

 
(297
)
 
(21,642
)
Balance as of June 30, 2016
$
(80,032
)
 
(6
)
 
(80,038
)
 
(1,082
)
 

 
(1,082
)
 
(81,120
)
Schedule of amounts reclassified out of accumulated other comprehensive loss
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 June 30,
 
Six months ended June 30,
 
 
(in thousands)
2016
 
2015
 
2016
 
2015
 
 
Interest rate swaps
$
2,500

 
2,250

 
$
4,952

 
4,500

 
Interest expense