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Note 22 - Accumulated Other Comprehensive Income
12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]
22.
Accumulated Other Comprehensive Income
:
 
The following table displays the change in the components of
AOCI for the years ended
December 31, 2017
and
2016:
 
   
Foreign
Currency
Translation Adjustments
   
Unrealized
Gains/(Losses)
R
elated to
Available-for-Sale
Securities
   
Unrealized
Gains/(Losses)
on Interest
Rate Swaps
   
Total
 
Balance as of January 1, 2016
  $
6,616
    $
398
    $
(1,426
)   $
5,588
 
Other comprehensive income before reclassifications
   
(281
)    
8
     
451
     
178
 
Amounts reclassified from AOCI
   
-
     
-
     
-
     
-
 
Net current-period other comprehensive income
   
(281
)    
8
     
451
     
178
 
Balance as of December 31, 2016
  $
6,335
    $
406
    $
(975
)   $
5,766
 
Other comprehensive income before reclassifications
   
3,711
     
(1,542
)    
631
     
2,800
 
Amounts reclassified from AOCI (1)
   
(10,046
)    
-
     
-
     
(10,046
)
Net current-period other comprehensive income
   
(6,335
)    
(1,542
)    
631
     
(7,246
)
Balance as of December 31, 2017
  $
-
    $
(1,136
)   $
(344
)   $
(1,480
)
 
(
1
)
During
2015,
the Company began selling properties within its Canadian portfolio and has continued to liquidate its investments over the last
two
years. During the
year ended
December 31, 2017,
the Company was deemed to have substantially liquidated its investment in Canada, triggered primarily by the receipt of various tax refunds, and as a result, recognized a net cumulative foreign currency translation gain. Amounts were reclassified to the Company’s Consolidated Statements of Income as follows (i)
$14.8
million of gain was reclassified to Equity in income of other real estate investments, net, and (ii)
$4.8
million of loss was reclassified to Equity in income of joint ventures, net.