Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.4.0.3
Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2016
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, 2016
 

Beginning balance of total shareholders’ equity

   $ 1,202,315   

Net proceeds from the issuance of common stock

     274,298   

Exercise of stock options

     —     

Earned portion of non-vested stock

     1,866   

Stock option expense

     46   

Deferred compensation - directors

     23   

Adjustment to redemption value on noncontrolling redeemable Operating Partnership units

     (1,584

Net income attributable to common shareholders

     28,339   

Change in fair value of derivatives

     (12,096

Dividends

     (31,204
  

 

 

 

Ending balance of total shareholders’ equity

   $ 1,462,003