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Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Series J Preferred Stock
[1]
HPU's
[2]
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, 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 [3] 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 noncontrolling interests(5) (1,533)         (1,533)      
Contributions from noncontrolling interests [4] 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 [3] (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)    
Change in additional paid in capital attributable to noncontrolling interests(5) [4] (5,079)         (5,079)      
Contributions from noncontrolling interests 205               205
Distributions to noncontrolling interests [4] (8,977)               (8,977)
Ending Balance at Dec. 31, 2015 1,101,330 4 0 22 81 3,689,330 (2,625,474) (4,851) 42,218
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared—preferred (51,320)           (51,320)    
Issuance of stock/restricted stock unit amortization, net 2,031         2,031      
Issuance of common stock for conversion of senior unsecured convertible notes 9,596       1 9,595      
Net income (loss) for the period [3] 106,233           95,306   10,927
Change in accumulated other comprehensive income (loss) 633             633  
Repurchase of stock (98,429)       (10) (98,419)      
Change in additional paid in capital attributable to noncontrolling interests(5) [6] (365)         (365)      
Contributions from noncontrolling interests 790               790
Distributions to noncontrolling interests [6] (10,815)               (10,815)
Ending Balance at Dec. 31, 2016 $ 1,059,684 $ 4 $ 0 $ 22 $ 72 $ 3,602,172 $ (2,581,488) $ (4,218) $ 43,120
[1] Refer to Note 13 for details on the Company's Preferred Stock.
[2] All of the Company's outstanding HPUs were repurchased and retired on August 13, 2015 (refer to Note 13).
[3] For the years ended December 31, 2016, 2015 and 2014 net income (loss) shown above excludes $(6,051), $(3,456) and $(1,925) of net loss attributable to redeemable noncontrolling interests.
[4] Includes a $6.4 million payment to acquire a noncontrolling interest (refer to Note 4).
[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 payments of $10.8 million to acquire a noncontrolling interest (refer to Note 5).