13. Accumulated Other Comprehensive Income (“AOCI”)

The following tables display the change in the components of accumulated other comprehensive income for the three months ended March 31, 2016 and 2015:

	Foreign Currency Translation Adjustments		Unrealized Gains on Available-for- Sale Investments		Unrealized Gain/(Loss) on Interest Rate Swaps			Total
Balance as of January 1, 2016	$	6,616		398		(1,426	)		5,588
Other comprehensive income before reclassifications		2,510		2		(604	)		1,908
Amounts reclassified from AOCI		-		-		-			-
Net current-period other comprehensive income		2,510		2		(604	)		1,908
Balance as of March 31, 2016	$	9,126		400		(2,030	)		7,496

	Foreign Currency Translation Adjustments			Unrealized Gains on Available-for- Sale Investments		Unrealized Gain/(Loss) on Interest Rate Swaps			Total
Balance as of January 1, 2015	$	329		$	46,197	$	(1,404	)	$	45,122
Other comprehensive income before reclassifications		(9,532	)		15,718		(352	)		5,834
Amounts reclassified from AOCI		-			-		-			-
Net current-period other comprehensive income		(9,532	)		15,718		(352	)		5,834
Balance as of March 31, 2015	$	(9,203	)		61,915		(1,756	)		50,956

At March 31, 2016, the Company had a net $9.1 million of unrealized cumulative foreign currency translation adjustment (“CTA”) gains relating to its foreign entity investments in Canada. CTA results from currency fluctuations between local currency and the U.S. dollar during the period in which the Company held its investment. CTA amounts are subject to future changes resulting from ongoing fluctuations in the respective foreign currency exchange rates. Under generally accepted accounting principles in the United States, the Company is required to release CTA balances into earnings when the Company has substantially liquidated its investment in a foreign entity. During 2015, the Company began selling properties within its Canadian portfolio and as such, the Company may, in the near term, substantially liquidate its remaining investment in Canada, which will require the then unrealized gain on foreign currency translation to be recognized as a benefit to earnings.