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Non-Controlling Interests, Preferred Shares, Common Shares and Common Shares in Treasury (Tables)
12 Months Ended
Dec. 31, 2014
Redeemable Noncontrolling Interest [Line Items]  
Non-Controlling Interests

Non-controlling interests relate to the following (in millions):

 

 

December 31,

 

 

2014

 

 

2013

 

OP Units

$

25.6

 

 

$

7.4

 

Consolidated joint venture interests

 

1.7

 

 

 

15.8

 

 

$

27.3

 

 

$

23.2

 

 

Preferred Shares Outstanding

The Company’s preferred shares outstanding at December 31 are as follows (in thousands):

 

 

December 31,

 

 

2014

 

 

2013

 

Class H7.375% cumulative redeemable preferred shares, without par value, $500 liquidation

   value; 750,000 shares authorized; 110,000 shares issued and outstanding at December 31, 2013

$

 

 

$

55,000

 

Class J6.5% cumulative redeemable preferred shares, without par value, $500 liquidation

   value; 750,000 shares authorized; 400,000 shares issued and outstanding at December 31,

   2014 and 2013

 

200,000

 

 

 

200,000

 

Class K6.25% cumulative redeemable preferred shares, without par value, $500 liquidation

   value; 750,000 shares authorized; 300,000 shares issued and outstanding at December 31,

   2014 and 2013

 

150,000

 

 

 

150,000

 

 

$

350,000

 

 

$

405,000

 

 

Common Shares Issued

The Company issued common shares, including through the use of its continuous equity programs, for the years ended December 31, 2014, 2013 and 2012, and paid fees of $0.2 million, $0.7 million $1.1 million, respectively, as follows (amounts in millions, except per share):

 

Year

 

Number of

Shares Sold

 

 

Average Price

Per Share

 

 

Net Proceeds

 

2014

 

 

0.7

 

 

$

18.15

 

 

$

11.6

 

2013

 

 

44.1

 

 

$

18.76

 

 

$

788.0

 

2012

 

 

36.5

 

 

$

13.98

 

 

$

492.1

 

 

Common Shares  
Redeemable Noncontrolling Interest [Line Items]  
Common Share Dividends Declared Per Share

Common share dividends declared per share were as follows:

 

 

 

For the Year Ended December 31,

 

 

 

2014

 

 

2013

 

 

2012

 

Common share dividends declared per share

 

$

0.62

 

 

$

0.54

 

 

$

0.48