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Equity and Capital
 3 Months Ended
Mar. 31, 2018
Equity and Capital [Abstract]  
Equity and Capital
Equity and Capital
Common Stock of the Parent Company
At the Market ("ATM") Program
Under the Parent Company's ATM equity offering program, the Parent Company may sell up to $500 million of common stock at prices determined by the market at the time of sale. As of March 31, 2018, $500 million of common stock remained available for issuance under this ATM equity program.
There were no shares issued under the ATM equity program during the three months ended March 31, 2018 or 2017.
Share Repurchase Program
On February 7, 2018, the Company's Board authorized a common share repurchase program under which the Company may purchase, from time to time, $250 million worth of shares of its outstanding common stock through open market purchases and/or in privately negotiated transactions. Any shares purchased will be retired. The program is scheduled to expire on February 6, 2020. The timing and actual number of shares purchased under the program depend upon marketplace conditions and other factors. The program remains subject to the discretion of the board. Through March 31, 2018, the Company had repurchased 2,145,209 shares for $125.0 million at an average price of $58.24 per share.
Common Units of the Operating Partnership
Common units of the operating partnership are issued or redeemed and retired for each of the shares of Parent Company common stock issued or repurchased and retired, as described above.

Accumulated Other Comprehensive Loss ("AOCI")
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 Debt Securities
 
AOCI
 
Cash Flow Hedges
 
Unrealized gain (loss) on Available-For-Sale Debt Securities
 
AOCI
 
AOCI
Balance as of December 31, 2016
$
(18,327
)
 
(19
)
 
(18,346
)
 
(301
)
 
—

 
(301
)
 
(18,647
)
Other comprehensive income before reclassifications
(88
)
 
32

 
(56
)
 
21

 
—

 
21

 
(35
)
Amounts reclassified from accumulated other comprehensive income (1)
2,610

 
—

 
2,610

 
44

 
—

 
44

 
2,654

Current period other comprehensive income, net
2,522

 
32

 
2,554

 
65

 
—

 
65

 
2,619

Balance as of March 31, 2017
$
(15,805
)
 
13

 
(15,792
)
 
(236
)
 
—

 
(236
)
 
(16,028
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) Amounts recelassified from AOCI into income are presented within Interest expense, net in the Consolidated Statement of Operations.
 
 
 
 
 
 
 
Controlling Interest
 
Noncontrolling Interest
 
Total
(in thousands)
Cash Flow Hedges
 
Unrealized gain (loss) on Available-For-Sale Debt Securities
 
AOCI
 
Cash Flow Hedges
 
Unrealized gain (loss) on Available-For-Sale Debt Securities
 
AOCI
 
AOCI
Balance as of December 31, 2017
$
(6,262
)
 
(27
)
 
(6,289
)
 
(112
)
 
—

 
(112
)
 
(6,401
)
Opening adjustment due to change in accounting policy (2)
(14
)
 
—

 
(14
)
 
—

 
—

 
—

 
(14
)
Adjusted balance as of December 31, 2017
(6,276
)
 
(27
)
 
(6,303
)
 
(112
)
 
—

 
(112
)
 
(6,415
)
Other comprehensive income before reclassifications
9,003

 
(119
)
 
8,884

 
502

 
—

 
502

 
9,386

Amounts reclassified from accumulated other comprehensive income (1)
2,157

 
—

 
2,157

 
(19
)
 
—

 
(19
)
 
2,138

Current period other comprehensive income, net
11,160

 
(119
)
 
11,041

 
483

 
—

 
483

 
11,524

Balance as of March 31, 2018
$
4,884

 
(146
)
 
4,738

 
371

 
—

 
371

 
5,109

 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) Amounts recelassified from AOCI into income are presented within Interest expense, net in the Consolidated Statement of Operations.
(2)  Upon adoption of ASU 2017-12, the Company recognized the immaterial adjustment to opening retained earnings and accumulated other comprehensive income for previously recognized hedge ineffectiveness from off-market hedges, as further discussed in note 1.