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Consolidated Statements of Changes In Equity - USD ($) $ in Thousands | Total | Common Stock | Paid-in Capital | 6.75% Series C Cumulative Redeemable Perpetual Preferred Stock | Distributions in Excess of Accumulated Earnings | Non- controlling interests – Common OP Units | Accumulated Other Comprehensive Loss
--- | --- | --- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2013 | $ 963,205 | $ 834 | $ 1,021,365 | $ 136,144 | $ (264,083) | $ 69,872 | $ (927)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |
Conversion of Common OP Units to Common Stock | 0 | 4 | 4,091 |  |  | (4,095) |
Issuance of Common Stock through employee stock purchase plan | 1,328 | 1 | 1,327 |  |  |  |
Compensation expenses related to restricted stock | 7,568 |  | 7,568 |  |  |  |
Repurchase of Common Stock or Common OP Units | (1,870) |  | (1,870) |  |  |  |
Adjustment for Common OP Unitholders in the Operating Partnership | 0 |  | (727) |  |  | 727 |
Adjustment for fair market value of swap | 546 |  | 0 |  |  |  | 546
Release of common shares from escrow | (1,934) | (1) | (1,933) |  |  |  |
Net income | 138,468 |  |  | 9,274 | 118,731 | 10,463 |
Distributions | (127,689) |  |  | (9,274) | (108,857) | (9,558) |
Other | (595) |  | (220) |  |  | (375) |
Balance at Dec. 31, 2014 | 979,027 | 838 | 1,029,601 | 136,144 | (254,209) | 67,034 | (381)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |
Conversion of Common OP Units to Common Stock | 0 |  | 225 |  |  | (225) |
Issuance of Common Stock through exercise of options | 3,816 | 2 | 3,814 |  |  |  |
Issuance of Common Stock through employee stock purchase plan | 1,083 |  | 1,083 |  |  |  |
Compensation expenses related to restricted stock | 8,582 |  | 8,582 |  |  |  |
Repurchase of Common Stock or Common OP Units | (3,201) |  | (3,201) |  |  |  |
Adjustment for Common OP Unitholders in the Operating Partnership | 0 |  | (496) |  |  | 496 |
Adjustment for fair market value of swap | (172) |  |  |  |  |  | (172)
Net income | 150,512 |  |  | 9,226 | 130,145 | 11,141 |
Distributions | (146,465) |  |  | (9,226) | (126,416) | (10,823) |
Other | (491) | 3 | (468) |  | (26) |  |
Balance at Dec. 31, 2015 | 992,691 | 843 | 1,039,140 | 136,144 | (250,506) | 67,623 | (553)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |
Conversion of Common OP Units to Common Stock | 0 |  | 381 |  |  | (381) |
Issuance of Common Stock through exercise of options | 11,288 | 4 | 11,284 |  |  |  |
Issuance of Common Stock through employee stock purchase plan | 1,269 |  | 1,269 |  |  |  |
Issuance of Common Stock | 50,000 | 7 | 49,993 |  |  |  |
Compensation expenses related to restricted stock | 9,181 |  | 9,181 |  |  |  |
Repurchase of Common Stock or Common OP Units | (2,652) |  | (2,652) |  |  |  |
Adjustment for Common OP Unitholders in the Operating Partnership | 0 |  | (4,426) |  |  | 4,426 |
Adjustment for fair market value of swap | 326 |  |  |  |  |  | 326
Net income | 187,132 |  |  | 9,226 | 164,037 | 13,869 |
Distributions | (166,266) |  |  | (9,226) | (144,807) | (12,233) |
Other | (1,122) |  | 1,122 |  |  |  |
Balance at Dec. 31, 2016 | $ 1,081,847 | $ 854 | $ 1,103,048 | $ 136,144 | $ (231,276) | $ 73,304 | $ (227)

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