XML 21 R8.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Series J Preferred Stock
[1]
HPU's
Preferred Stock
[1]
Common Stock at Par
Additional Paid-In Capital
Retained Earnings (Deficit)
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Beginning Balance at Dec. 31, 2012 $ 1,313,154   $ 9,800 $ 22 $ 84 $ 3,590,870 $ (2,360,647) $ (1,185) $ 74,210
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance of Preferred Stock 193,510 $ 4       193,506      
Dividends declared—preferred (49,020)           (49,020)    
Issuance of stock/restricted stock unit amortization, net (1,375)       1 (1,376)      
Net income (loss) for the period [2] (108,114)           (111,951)   3,837
Change in accumulated other comprehensive income (loss) (3,091)             (3,091)  
Repurchase of stock (20,985)       (2) (20,983)      
Change in additional paid in capital attributable to redeemable noncontrolling interests [3] (2,772)         (2,772)      
Contributions from noncontrolling interests [4] 10,264               10,264
Distributions to noncontrolling interests [3] (30,106)               (30,106)
Ending Balance at Dec. 31, 2013 1,301,465 4 9,800 22 83 3,759,245 (2,521,618) (4,276) 58,205
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared—preferred (51,320)           (51,320)    
Issuance of stock/restricted stock unit amortization, net (13,089)       2 (13,091)      
Net income (loss) for the period [2] 17,690           16,469   1,221
Change in accumulated other comprehensive income (loss) 3,305             3,305  
Change in additional paid in capital attributable to redeemable noncontrolling interests (1,533)         (1,533)      
Contributions from noncontrolling interests 565               565
Distributions to noncontrolling interests (4,820)               (4,820)
Change in noncontrolling interests [5] (3,915)               (3,915)
Ending Balance at Dec. 31, 2014 1,248,348 4 9,800 22 85 3,744,621 (2,556,469) (971) 51,256
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared—preferred (51,320)           (51,320)    
Issuance of stock/restricted stock unit amortization, net 4,961         4,961      
Net income (loss) for the period [2] (2,701)           (2,435)   (266)
Change in accumulated other comprehensive income (loss) (3,880)             (3,880)  
Repurchase of stock (70,416)       (5) (70,411)      
Redemption of HPUs (9,811)   $ (9,800)   1 15,238 (15,250) 0 0
Change in additional paid in capital attributable to redeemable noncontrolling interests [6] (5,079)         (5,079)      
Contributions from noncontrolling interests 205               205
Distributions to noncontrolling interests [6] (8,977)               (8,977)
Ending Balance at Dec. 31, 2015 $ 1,101,330 $ 4   $ 22 $ 81 $ 3,689,330 $ (2,625,474) $ (4,851) $ 42,218
[1] Refer to Note 13 for details on the Company's Preferred Stock.
[2] For the years ended December 31, 2015, 2014 and 2013 net income (loss) shown above excludes $(3,456), $(1,925) and $(3,119) of net loss attributable to redeemable noncontrolling interests.
[3] Includes an $8.8 million payment to redeem a noncontrolling member's interest.
[4] Includes $9.4 million of operating property assets contributed by a noncontrolling partner.
[5] During the year ended December 31, 2014, the Company sold its 72% interest in a previously consolidated entity to one of its unconsolidated ventures (refer to Note 4 and Note 7).
[6] Includes a $6.4 million payment to redeem a noncontrolling member's interest (refer to Note 4).