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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands | Common Stock | Paid-in Capital | Accumulated Other Comprehensive Income (Loss) | Accumulated Undistributed Net Income | Non-Controlling Interests in Joint Ventures | Total
--- | --- | --- | --- | --- | --- | ---
Balances at Dec. 31, 2013 | $ 15,221 | $ 210,324 | $ (490) | $ 23,877 | $ 1,158 | $ 250,090
Distributions - common stock |  |  |  |  |  |
Cash - $1.66 per share,$1.58 per and $1.50 per share for the year ended December 31, 2016, 2015 and 2014, respectively |  |  |  | (24,117) |  | (24,117)
Shares issued through equity offering program - net | 179 | 3,589 |  |  |  | 3,768
Restricted stock vesting | 101 | (101) |  |  |  |
Shares issued through dividend reinvestment plan | 227 | 4,222 |  |  |  | 4,449
Contributions from non-controlling interests |  |  |  |  | 639 | 639
Distributions to non-controlling interests |  |  |  |  | (228) | (228)
Compensation expense - restricted stock |  | 1,833 |  |  |  | 1,833
Net income |  |  |  | 22,116 | 94 | 22,210
Other comprehensive (loss) income |  |  | (2,705) |  | (35) | (2,740)
Balances at Dec. 31, 2014 | 15,728 | 219,867 | (3,195) | 21,876 | 1,628 | 255,904
Distributions - common stock |  |  |  |  |  |
Cash - $1.66 per share,$1.58 per and $1.50 per share for the year ended December 31, 2016, 2015 and 2014, respectively |  |  |  | (26,178) |  | (26,178)
Shares issued through equity offering program - net | 295 | 6,162 |  |  |  | 6,457
Restricted stock vesting | 72 | (72) |  |  |  |
Shares issued through dividend reinvestment plan | 197 | 4,087 |  |  |  | 4,284
Contributions from non-controlling interests |  |  |  |  | 713 | 713
Distributions to non-controlling interests |  |  |  |  | (1,829) | (1,829)
Compensation expense - restricted stock |  | 2,334 |  |  |  | 2,334
Net income |  |  |  | 20,517 | 1,390 | 21,907
Other comprehensive (loss) income |  |  | (1,195) |  | 29 | (1,166)
Balances at Dec. 31, 2015 | 16,292 | 232,378 | (4,390) | 16,215 | 1,931 | 262,426
Distributions - common stock |  |  |  |  |  |
Cash - $1.66 per share,$1.58 per and $1.50 per share for the year ended December 31, 2016, 2015 and 2014, respectively |  |  |  | (29,136) |  | (29,136)
Shares issued through equity offering program - net | 1,080 | 24,707 |  |  |  | 25,787
Restricted stock vesting | 86 | (86) |  |  |  |
Shares issued through dividend reinvestment plan | 142 | 2,965 |  |  |  | 3,107
Contributions from non-controlling interests |  |  |  |  | 80 | 80
Distributions to non-controlling interests |  |  |  |  | (271) | (271)
Purchase of non-controlling interest |  | (436) |  |  | (10) | (446)
Compensation expense - restricted stock |  | 2,983 |  |  |  | 2,983
Net income |  |  |  | 24,422 | 59 | 24,481
Other comprehensive (loss) income |  |  | 2,911 |  | 5 | 2,916
Balances at Dec. 31, 2016 | $ 17,600 | $ 262,511 | $ (1,479) | $ 11,501 | $ 1,794 | $ 291,927

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