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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, 2012 | $ 238,059,000 | $ 14,598,000 | $ 196,107,000 | $ (1,578,000) | $ 28,001,000 | $ 931,000
Distributions - common stock |  |  |  |  |  |
Cash - $.37 and $1.42 per share for the three months ended March 31, 2014 and for the year ended December 31, 2013, respectively | (21,999,000) |  |  |  | (21,999,000) |
Shares issued through equity offering program - net | 9,165,000 | 363,000 | 8,802,000 |  |  |
Restricted stock vesting |  | 50,000 | (50,000) |  |  |
Shares issued through dividend reinvestment plan | 4,235,000 | 210,000 | 4,025,000 |  |  |
Contributions from non-controlling interests | 480,000 |  |  |  |  | 480,000
Distributions to non-controlling interests | (298,000) |  |  |  |  | (298,000)
Compensation expense - restricted stock | 1,440,000 |  | 1,440,000 |  |  |
Net income | 17,924,000 |  |  |  | 17,875,000 | 49,000
Other comprehensive income | 1,084,000 |  |  | 1,088,000 |  | (4,000)
Balances at Dec. 31, 2013 | 250,090,000 | 15,221,000 | 210,324,000 | (490,000) | 23,877,000 | 1,158,000
Distributions - common stock |  |  |  |  |  |
Cash - $.37 and $1.42 per share for the three months ended March 31, 2014 and for the year ended December 31, 2013, respectively | (5,872,000) |  |  |  | (5,872,000) |
Shares issued through equity offering program - net | 644,000 | 33,000 | 611,000 |  |  |
Restricted stock vesting |  | 101,000 | (101,000) |  |  |
Shares issued through dividend reinvestment plan | 1,294,000 | 67,000 | 1,227,000 |  |  |
Distributions to non-controlling interests | (75,000) |  |  |  |  | (75,000)
Compensation expense - restricted stock | 472,000 |  | 472,000 |  |  |
Net income | 3,300,000 |  |  |  | 3,273,000 | 27,000
Other comprehensive income | (716,000) |  |  | (706,000) |  | (10,000)
Balances at Mar. 31, 2014 | $ 249,137,000 | $ 15,422,000 | $ 212,533,000 | $ (1,196,000) | $ 21,278,000 | $ 1,100,000

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