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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $) | Total | Common Stock | Paid-in Capital | Accumulated Other Comprehensive Income (Loss) | Accumulated Undistributed Net Income | Non-Controlling Interests in Joint Ventures
--- | --- | --- | --- | --- | --- | ---
Balances at Dec. 31, 2011 | $ 218,947,000 | $ 14,213,000 | $ 189,486,000 | $ (1,019,000) | $ 15,605,000 | $ 662,000
Distributions - common stock |  |  |  |  |  |
Cash - $.35 and $1.34 per share for the three months ended March 31, 2013 and for the year ended December 31, 2012, respectively | (19,924,000) |  |  |  | (19,924,000) |
Shares issued through equity offering program - net | 2,131,000 | 121,000 | 2,010,000 |  |  |
Shares issued through dividend reinvestment plan | 3,652,000 | 215,000 | 3,437,000 |  |  |
Contributions from non-controlling interests | 571,000 |  |  |  |  | 571,000
Distribution to non-controlling interest | (290,000) |  |  |  |  | (290,000)
Restricted stock vesting |  | 49,000 | (49,000) |  |  |
Compensation expense - restricted stock | 1,223,000 |  | 1,223,000 |  |  |
Net income (loss) | 32,308,000 |  |  |  | 32,320,000 | (12,000)
Other comprehensive income (loss) | (559,000) |  |  | (559,000) |  |
Balances at Dec. 31, 2012 | 238,059,000 | 14,598,000 | 196,107,000 | (1,578,000) | 28,001,000 | 931,000
Distributions - common stock |  |  |  |  |  |
Cash - $.35 and $1.34 per share for the three months ended March 31, 2013 and for the year ended December 31, 2012, respectively | (5,312,000) |  |  |  | (5,312,000) |
Shares issued through dividend reinvestment plan | 1,149,000 | 58,000 | 1,091,000 |  |  |
Contributions from non-controlling interests | 471,000 |  |  |  |  | 471,000
Restricted stock vesting |  | 50,000 | (50,000) |  |  |
Compensation expense - restricted stock | 397,000 |  | 397,000 |  |  |
Net income (loss) | 3,449,000 |  |  |  | 3,450,000 | (1,000)
Other comprehensive income (loss) | 234,000 |  |  | 234,000 |  |
Balances at Mar. 31, 2013 | $ 238,447,000 | $ 14,706,000 | $ 197,545,000 | $ (1,344,000) | $ 26,139,000 | $ 1,401,000

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