Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2014

Equity [Abstract]

Reconciliation of Changes in Total Shareholders' Equity

The following is a reconciliation of the changes in total shareholders’ equity for the period:

(dollars in thousands)	Three Months Ended March 31, 2014
Beginning balance of total shareholders’ equity	$	870,709
Net proceeds from the issuance of common stock		29,321
Exercise of stock options		39
Earned portion of non-vested stock		1,193
Stock option expense		36
Deferred compensation outside directors		30
Adjustment to redemption value on noncontrolling redeemable Operating Partnership units		(1,628	)
Net income attributable to common shareholders		16,673
Change in fair value of derivatives		(1,929	)
Dividends		(22,111	)
Ending balance of total shareholders’ equity	$	892,333