Capital Capital (Tables)

3 Months Ended

Mar. 31, 2016

Summary of Common Shares Outstanding [Table Text Block]

Detailed below is a roll forward of the Company's common shares outstanding for the three month periods ended March 31, 2016 and 2015:



	Three Month Period Ended March 31, 2016		Three Month Period Ended March 31, 2015
Common Shares Outstanding (12/31/2015 and 12/31/2014, respectively)	9,135,103		9,149,274
Share Activity:
Shares repurchased	(17,920	)	—
Common Shares Outstanding (3/31/2016 and 3/31/2015, respectively)	9,117,183		9,149,274
Unvested restricted shares outstanding (3/31/2016 and 3/31/2015, respectively)	15,390		6,912

Vesting schedule for restricted shares [Table Text Block]

The below table provides details on the Company's restricted shares granted pursuant to share award agreements which are unvested at March 31, 2016 and 2015:



Grant Recipient	Number of Restricted Shares Granted	Grant Date	Vesting Date⁽¹⁾
Independent trustees:
	9,228	September 15, 2015	September 14, 2016
	6,912	September 11, 2014	September 10, 2015
Partially dedicated employees:
	3,157	December 15, 2015	December 15, 2016
	324	December 15, 2015	December 31, 2016
	2,359	December 15, 2015	December 15, 2017
	322	December 15, 2015	December 31, 2017


(1)	Date at which such restricted shares will vest and become non-forfeitable.