Equity
 12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Equity
Equity

Distributions
 
Distributions paid to stockholders consist of ordinary income, capital gains, return of capital, or a combination thereof for income tax purposes. The following table presents annualized distributions per share, declared and paid during the years ended December 31, 2016, 2015 and 2014, reported for tax purposes and serves as a designation of capital gain distributions, if applicable, pursuant to Internal Revenue Code Section 857(b)(3)(C) and Treasury Regulation § 1.857-6(e):
 
Years Ended December 31,
 
2016
 
2015
 
2014
Ordinary income
$
0.1994

 
$
0.3220

 
$
0.3528

Capital gain
0.3103

 
—

 
—

Return of capital
0.1403

 
0.3280

 
0.2972

Total distributions paid
$
0.6500

 
$
0.6500

 
$
0.6500


 
During the fourth quarter of 2016, our board of directors declared a quarterly distribution of $0.1625 per share, which was paid on January 13, 2017 to stockholders of record on December 30, 2016, in the amount of $55.8 million.

During the year ended December 31, 2016, our board of directors declared distributions in the aggregate amount of $222.0 million, which equates to $0.6500 per share.

Reclassifications Out of Accumulated Other Comprehensive Loss

The following tables present a reconciliation of changes in Accumulated other comprehensive loss by component for the periods presented (in thousands):
 
Gains and Losses
on Derivative Instruments
 
Gains and Losses on Marketable Securities
 
Foreign Currency Translation Adjustments
 
Total
Balance at January 1, 2014
$
(16,717
)
 
$
(391
)
 
$
3,666

 
$
(13,442
)
Other comprehensive loss before reclassifications
18,365

 
285

 
(93,401
)
 
(74,751
)
Amounts reclassified from accumulated other comprehensive loss to:
 
 
 
 
 
 
 
Interest expense
7,970

 
—

 
—

 
7,970

Other income and (expenses)
(1,896
)
 
—

 
—

 
(1,896
)
Total
6,074

 
—

 
—

 
6,074

Net current-period Other comprehensive loss
24,439

 
285

 
(93,401
)
 
(68,677
)
Net current-period Other comprehensive loss attributable to noncontrolling interests
(411
)
 
—

 
1,523

 
1,112

Balance at December 31, 2014
7,311

 
(106
)
 
(88,212
)
 
(81,007
)
Other comprehensive loss before reclassifications
21,135

 
29

 
(81,037
)
 
(59,873
)
Amounts reclassified from accumulated other comprehensive loss to:
 
 
 
 
 
 
 
Interest expense
7,837

 
—

 
—

 
7,837

Other income and (expenses)
(8,083
)
 
—

 
—

 
(8,083
)
Total
(246
)
 
—

 
—

 
(246
)
Net current-period Other comprehensive loss
20,889

 
29

 
(81,037
)
 
(60,119
)
Net current-period Other comprehensive loss attributable to noncontrolling interests
—

 
—

 
1,321

 
1,321

Balance at December 31, 2015
28,200

 
(77
)
 
(167,928
)
 
(139,805
)
Other comprehensive loss before reclassifications
2,568

 
29

 
(18,785
)
 
(16,188
)
Amounts reclassified from accumulated other comprehensive loss to:
 
 
 
 
 
 
 
Interest expense
6,339

 
—

 
—

 
6,339

Other income and (expenses)
(7,558
)
 
—

 
—

 
(7,558
)
Total
(1,219
)
 
—

 
—

 
(1,219
)
Net current-period Other comprehensive loss
1,349

 
29

 
(18,785
)
 
(17,407
)
Net current-period Other comprehensive loss attributable to noncontrolling interests
—

 
—

 
536

 
536

Balance at December 31, 2016
$
29,549

 
$
(48
)
 
$
(186,177
)
 
$
(156,676
)