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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive (Loss)
Treasury Stock
Total Stockholders' Equity
Noncontrolling Interests
Balance at the beginning of the period (in shares) at Dec. 31, 2015   39,714,838            
Balance at the beginning of the period at Dec. 31, 2015 $ 2,363,889 $ 398 $ 2,847,823 $ (480,215) $ (7,889) $ 0 $ 2,360,117 $ 3,772
Balance at the beginning of the period (in shares) at Dec. 31, 2015           0    
Increase (Decrease) in Stockholders' Equity                
Net income 202,326     202,303     202,303 23
Preferred dividend payment on behalf of subsidiary (23)             (23)
Interest rate swaps, net of tax 2,196 [1]       2,196   2,196  
Pension adjustment, net of tax (890) [2]       (890)   (890)  
Capitalized swap interest, net of tax (203) [3]       (203)   (203)  
Issuance of Management Warrants 1,000   1,000       1,000  
Acquisition of noncontrolling partner's interest (5,000)   (5,000)       (5,000)  
Stock plan activity (in shares)   87,226            
Stock plan activity 9,446 $ 0 9,446       9,446  
Treasury stock activity (in shares)           (12,061)    
Treasury stock activity (1,231)         $ (1,231) (1,231)  
Terminated swap amortization 0              
Adoption of ASU 2017-12 [4] 0              
Adoption of ASU 2018-02 [5] 0              
Balance at the end of the period at Dec. 31, 2016 2,571,510 $ 398 2,853,269 (277,912) (6,786) $ (1,231) 2,567,738 3,772
Balance at the end of the period (in shares) at Dec. 31, 2016           (12,061)    
Balance at the end of the period (in shares) at Dec. 31, 2016   39,802,064            
Increase (Decrease) in Stockholders' Equity                
Net income 166,623     168,404     168,404 (1,781)
Preferred dividend payment on behalf of subsidiary (12)             (12)
Interest rate swaps, net of tax (9) [1]       (9)   (9)  
Pension adjustment, net of tax [2] 0              
Capitalized swap interest, net of tax (170) [3]       (170)   (170)  
Issuance of Management Warrants 52,000   52,000       52,000  
Stock plan activity (in shares)   445,736       17,312    
Stock plan activity 19,410 $ 4 21,651     $ (2,245) 19,410  
Initial consolidation of HOAs 3,586             3,586
Exercise of warrants (in shares)   3,052,453            
Exercise of warrants 375,613 $ 31 375,582       375,613  
Terminated swap amortization 0              
Adoption of ASU 2017-12 [4] 0              
Adoption of ASU 2018-02 [5] 0              
Balance at the end of the period at Dec. 31, 2017 3,188,551 $ 433 3,302,502 (109,508) (6,965) $ (3,476) 3,182,986 5,565
Balance at the end of the period (in shares) at Dec. 31, 2017           (29,373)    
Balance at the end of the period (in shares) at Dec. 31, 2017   43,300,253            
Increase (Decrease) in Stockholders' Equity                
Adoption of ASU 2018-02 (1,100)              
Balance at the beginning of the period (in shares) at Dec. 31, 2017   43,300,253            
Balance at the beginning of the period at Dec. 31, 2017 3,188,551 $ 433 3,302,502 (109,508) (6,965) $ (3,476) 3,182,986 5,565
Balance at the beginning of the period (in shares) at Dec. 31, 2017           (29,373)    
Increase (Decrease) in Stockholders' Equity                
Net income 57,726     57,012     57,012 714
Preferred dividend payment on behalf of subsidiary (11)             (11)
Interest rate swaps, net of tax 955 [1]       955   955  
Pension adjustment, net of tax 759 [2]       759   759  
Capitalized swap interest, net of tax 30 [3]       30   30  
Stock plan activity (in shares)   211,220            
Stock plan activity 19,934 $ 3 19,931       19,934  
Terminated swap amortization (1,018)       (1,018)   (1,018)  
Adoption of ASU 2017-12 (739) [4]     739 (739)      
Adoption of ASU 2018-02 (1,148) [5]     1,148 (1,148)      
Restricted stock activity (in shares)           (14,556)    
Restricted stock activity (1,447)         $ (1,447) (1,447)  
Repurchase of common shares (in shares)           (475,920)    
Repurchase of common shares (57,267)         $ (57,267) (57,267)  
Contributions to joint ventures 99,646             99,646
Balance at the end of the period at Dec. 31, 2018 3,238,126 $ 436 $ 3,322,433 (120,341) $ (8,126) $ (62,190) 3,132,212 $ 105,914
Balance at the end of the period (in shares) at Dec. 31, 2018           (519,849)    
Balance at the end of the period (in shares) at Dec. 31, 2018   43,511,473            
Increase (Decrease) in Stockholders' Equity                
Adoption of ASU 2014-09 $ (69,732)     $ (69,732)     $ (69,732)  
[1] Amounts are shown net of deferred tax benefit of $0.3 million for the years ended December 31, 2018 and 2017 and deferred tax expense of $1.3 million for the year ended December 31, 2016.
[2] Net of deferred tax expense of $0.5 million for the year ended December 31, 2018 and deferred tax benefit of zero and $0.5 million for the years ended December 31, 2017 and 2016, respectively.
[3] The deferred tax impact was not meaningful for the year ended December 31, 2018. Amount is net of deferred tax benefit of $0.1 million for the years ended December 31, 2017 and 2016.
[4] The Company adopted ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities, as of January 1, 2018. See Note 1 - Summary of Significant Accounting Policies for further discussion.
[5] The Company adopted Accounting Standards Update ("ASU") 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, as of January 1, 2018. See Note 1 - Summary of Significant Accounting Policies for further discussion.