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Equity and Capital | 3 Months Ended
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Mar. 31, 2017
Equity and Capital [Abstract] |
Equity and Capital | Equity and Capital Preferred Stock of the Parent Company Redemption: The Parent Company redeemed all of the issued and outstanding shares of its $250 million 6.625% Series 6 cumulative redeemable preferred stock on February 16, 2017. The redemption price of $25.21 per share includes accrued and unpaid dividends, resulting in an aggregate amount being paid of $252.0 million. The funds used to redeem the Series 6 preferred stock were provided by the $300 million 30 year senior unsecured debt offering completed in January 2017 as discussed in note 4. Common Stock of the Parent Company Issuances: At the Market ("ATM") Program The Company's ATM equity offering program, which expired on March 4, 2017, authorized the Parent Company to sell up to $200 million of common stock at prices determined by the market at the time of sale. As of March 31, 2017, the Company has not reinstituted an ATM equity offering program. There were no shares issued under the ATM equity program during the three months ended March 31, 2017. The following table presents the shares that were issued under the ATM equity program during the three months ended March 31, 2016:
| Three months ended March 31,
(dollar amounts are in thousands, except price per share data) |  | 2016
Shares issued (1) |  | 182,787 |
Weighted average price per share |  | 68.85 |
Gross proceeds |  | 12,584 |
Commissions |  | 157 |
(1) Reflects shares traded in December and settled in January.
Forward Equity Offering In March 2016, the Parent Company entered into a forward sale agreement (the "Forward Equity Offering") to issue 3.10 million shares of its common stock at an offering price of $75.25 per share before any underwriting discount and offering expenses. In June 2016, the Parent Company partially settled its forward equity offering by delivering 1.85 million shares of newly issued common stock thereby receiving $137.5 million of net proceeds which were used to repay the Line. The remaining 1.25 million shares must be settled under the forward sale agreement prior to June 23, 2017. Equity One merger On March 1, 2017, Regency completed its merger with Equity One, Inc., whereby Equity One merged with and into Regency, with Regency continuing as the surviving public company. Under the terms of the Merger Agreement, each Equity One stockholder received 0.45 of a newly issued share of Regency common stock for each share of Equity One common stock that they owned immediately prior to the effective time of the Merger resulting in approximately 65.5 million shares being issued to effect the merger. Common Units of the Operating Partnership Issuances: Common units were issued to the Parent Company in relation to the Parent Company's issuance of common stock, as discussed above. Accumulated Other Comprehensive Loss 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 Securities |  | AOCI |  | Cash Flow Hedges |  | Unrealized gain (loss) on Available-For-Sale Securities |  | AOCI |  | AOCI
Balance as of December 31, 2015 | $ | (58,650 | ) |  | (43 | ) |  | (58,693 | ) |  | (785 | ) |  | — |  |  | (785 | ) |  | (59,478 | )
Other comprehensive income before reclassifications | (16,581 | ) |  | (36 | ) |  | (16,617 | ) |  | (204 | ) |  | — |  |  | (204 | ) |  | (16,821 | )
Amounts reclassified from accumulated other comprehensive income | 2,417 |  |  | — |  |  | 2,417 |  |  | 36 |  |  | — |  |  | 36 |  |  | 2,453 |
Current period other comprehensive income, net | (14,164 | ) |  | (36 | ) |  | (14,200 | ) |  | (168 | ) |  | — |  |  | (168 | ) |  | (14,368 | )
Balance as of March 31, 2016 | $ | (72,814 | ) |  | (79 | ) |  | (72,893 | ) |  | (953 | ) |  | — |  |  | (953 | ) |  | (73,846 | )
| Controlling Interest |  | Noncontrolling Interest |  | Total
(in thousands) | Cash Flow Hedges |  | Unrealized gain (loss) on Available-For-Sale Securities |  | AOCI |  | Cash Flow Hedges |  | Unrealized gain (loss) on Available-For-Sale 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 | 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 | )
The following represents amounts reclassified out of AOCI into income:
AOCI Component | Amount Reclassified from AOCI into income |  | Affected Line Item(s) Where Net Income is Presented
| Three months ended March 31, |  |
(in thousands) | 2017 |  | 2016 |  |
Interest rate swaps | $ | 2,654 |  |  | 2,453 |  |  | Interest expense and Loss on derivative instruments

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(d),(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB TOPIC 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section C + Details
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