For the Years Ended December 31,
2013 
Share 
Capital
Contributed 
Surplus
Other Paid‑ 
in Capital
Retained 
Earnings
Non‑ 
Controlling 
Interest
Total 
Equity
at January 1, 2013 $391,120 $2,241 $5,681 $176,293 $13,101 $588,436
comprehensive income  ‑  ‑  ‑  39,779  1,153  40,932
Dividends  ‑  ‑  ‑  (31,512)  ‑  (31,512)
Distributions to non‑controlling interest  ‑  ‑  ‑  ‑  (918)  (918)
Dividend reinvestment plan  3,346  ‑  ‑  ‑  ‑  3,346
Stock options exercised  1,036  (111)  ‑  ‑  ‑  925
Share‑based compensation  ‑  624  ‑  ‑  ‑  624
Issuance of shares for acquisitions  2,390  ‑  ‑  ‑  ‑  2,390
restricted share units redeemed  289  (452)  ‑  ‑  ‑  (163)
At December 31, 2013 $398,181 $2,302 $5,681 $184,560 $13,336 $604,060
2012 
share 
capital
contributed 
surplus
Other Paid‑ 
in capital
retained 
earnings
Non‑ 
controlling 
interest
total 
equity
at January 1, 2012 $339,178 $2,251 $5,681 $153,895 $11,538 $512,543
comprehensive income  ‑  ‑  ‑  51,727  2,502  54,229
Dividends  ‑  ‑  ‑  (29,341)  ‑  (29,341)
Acquisition of non‑controlling interest  ‑  ‑  ‑  12  (30)  (18)
Distributions to non‑controlling interest  ‑  ‑  ‑  ‑  (909)  (909)
issuance of shares for cash  32,877  ‑  ‑  ‑  ‑  32,877
Dividend reinvestment plan  4,367  ‑  ‑  ‑  ‑  4,367
Stock options exercised  4,195  (589)  ‑  ‑  ‑  3,606
Tax benefit of share issuance costs  503  ‑  ‑  ‑  ‑  503
Warrants exercised  10,000  ‑  ‑  ‑  ‑  10,000
Share‑based compensation  ‑  579  ‑  ‑  ‑  579
at December 31, 2012 $391,120 $2,241 $5,681 $176,293 $13,101 $588,436
See accompanying notes to the consolidated financial statements.
Consolidated Statements of Changes in Equity
in thousands of Canadian dollars
68 Killam ProPerties inc | 2013