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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $) In Thousands, unless otherwise specified | 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, 2010 | $ 179,183 | $ 11,212 | $ 147,158 | $ (156) | $ 20,969 |
Distributions - common stock |  |  |  |  |  |
Cash - $1.42, $1.34 and $1.32 per share for the year ended December 31, 2013, 2012 and 2011, respectively | (19,088) |  |  |  | (19,088) |
Shares issued through equity offering program - net | 40,569 | 2,700 | 37,869 |  |  |
Restricted stock vesting |  | 46 | (46) |  |  |
Shares issued through dividend reinvestment plan | 3,751 | 255 | 3,496 |  |  |
Contributions from non-controlling interest | 666 |  |  |  |  | 666
Compensation expense - restricted stock | 1,009 |  | 1,009 |  |  |
Net income (loss) | 13,720 |  |  |  | 13,724 | (4)
Other comprehensive income (loss) | (863) |  |  | (863) |  |
Balances at Dec. 31, 2011 | 218,947 | 14,213 | 189,486 | (1,019) | 15,605 | 662
Distributions - common stock |  |  |  |  |  |
Cash - $1.42, $1.34 and $1.32 per share for the year ended December 31, 2013, 2012 and 2011, respectively | (19,924) |  |  |  | (19,924) |
Shares issued through equity offering program - net | 2,131 | 121 | 2,010 |  |  |
Restricted stock vesting |  | 49 | (49) |  |  |
Shares issued through dividend reinvestment plan | 3,652 | 215 | 3,437 |  |  |
Contributions from non-controlling interest | 571 |  |  |  |  | 571
Distributions to non-controlling Interests | (290) |  |  |  |  | (290)
Compensation expense - restricted stock | 1,223 |  | 1,223 |  |  |
Net income (loss) | 32,308 |  |  |  | 32,320 | (12)
Other comprehensive income (loss) | (559) |  |  | (559) |  |
Balances at Dec. 31, 2012 | 238,059 | 14,598 | 196,107 | (1,578) | 28,001 | 931
Distributions - common stock |  |  |  |  |  |
Cash - $1.42, $1.34 and $1.32 per share for the year ended December 31, 2013, 2012 and 2011, respectively | (21,999) |  |  |  | (21,999) |
Shares issued through equity offering program - net | 9,165 | 363 | 8,802 |  |  |
Restricted stock vesting |  | 50 | (50) |  |  |
Shares issued through dividend reinvestment plan | 4,235 | 210 | 4,025 |  |  |
Contributions from non-controlling interest | 480 |  |  |  |  | 480
Distributions to non-controlling Interests | (298) |  |  |  |  | (298)
Compensation expense - restricted stock | 1,440 |  | 1,440 |  |  |
Net income (loss) | 17,924 |  |  |  | 17,875 | 49
Other comprehensive income (loss) | 1,084 |  |  | 1,088 |  | (4)
Balances at Dec. 31, 2013 | $ 250,090 | $ 15,221 | $ 210,324 | $ (490) | $ 23,877 | $ 1,158

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