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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive (Loss) Income
Treasury Stock
Total Stockholders' Equity
Noncontrolling Interests
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Deficit
Cumulative Effect, Period of Adoption, Adjustment
Total Stockholders' Equity
Balance at the beginning of the period (in shares) at Dec. 31, 2018   43,511,473                  
Balance at the beginning 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 beginning of the period (in shares) at Dec. 31, 2018           (519,849)          
Increase (Decrease) in Stockholders' Equity                      
Net income (loss) 75,296     75,056     75,056 240      
Interest rate swaps (25,259) [1]       (25,259)   (25,259)        
Terminated swap amortization (2,055)       (2,055)   (2,055)        
Capitalized swap interest, net of tax (73) [2]       (73)   (73)        
Deconsolidation of Associations of Unit Owners (2,538)             (2,538)      
Contributions to real estate and other affiliates 84,889             84,889      
Stock plan activity (in shares)   241,304                  
Stock plan activity 11,670 $ 2 11,668       11,670        
Balance at the end of the period (in shares) at Sep. 30, 2019   43,752,777                  
Balance at the end of the period at Sep. 30, 2019 3,380,056 $ 438 3,334,101 (45,285) (35,513) $ (62,190) 3,191,551 188,505      
Balance at the end of the period (in shares) at Sep. 30, 2019           (519,849)          
Balance at the beginning of the period (in shares) at Jun. 30, 2019   43,661,694                  
Balance at the beginning of the period at Jun. 30, 2019 3,351,767 $ 437 3,329,062 (75,043) (28,542) $ (62,190) 3,163,724 188,043      
Balance at the beginning of the period (in shares) at Jun. 30, 2019           (519,849)          
Increase (Decrease) in Stockholders' Equity                      
Net income (loss) 30,043     29,758     29,758 285      
Interest rate swaps (6,207) [1]       (6,207)   (6,207)        
Terminated swap amortization (764)       (764)   (764)        
Capitalized swap interest, net of tax [2] 0                    
Deconsolidation of Associations of Unit Owners 177             177      
Stock plan activity (in shares)   91,083                  
Stock plan activity 5,040 $ 1 5,039       5,040        
Balance at the end of the period (in shares) at Sep. 30, 2019   43,752,777                  
Balance at the end of the period at Sep. 30, 2019 3,380,056 $ 438 3,334,101 (45,285) (35,513) $ (62,190) 3,191,551 188,505      
Balance at the end of the period (in shares) at Sep. 30, 2019           (519,849)          
Balance at the beginning of the period (in shares) at Dec. 31, 2019   43,635,893                  
Balance at the beginning of the period at Dec. 31, 2019 3,332,988 $ 437 3,343,983 (46,385) (29,372) $ (120,530) 3,148,133 184,855 [3] $ (18) $ (18) $ (18)
Balance at the beginning of the period (in shares) at Dec. 31, 2019           (1,050,260)          
Increase (Decrease) in Stockholders' Equity                      
Net income (loss), excluding $24,270 attributable to redeemable noncontrolling interest (19,453)     (19,508)     (19,508) 55 [3]      
Net income (loss) 4,817                    
Interest rate swaps (24,558) [1]       (24,558)   (24,558)        
Terminated swap amortization (1,835)       (1,835)   (1,835)        
Reclassification of redeemable noncontrolling interest to temporary equity (6,091)             (6,091) [3]      
Derecognition of 110 North Wacker [4] (165,509)     1 12,934   12,935 (178,444) [3]      
Capitalized swap interest, net of tax [2] 0                    
Common stock issued (in shares)   12,270,900                  
Common stock issued 593,616 $ 123 593,493       593,616        
Stock plan activity (in shares)   68,090       2,875          
Stock plan activity 4,522 $ 1 4,697     $ (176) 4,522        
Balance at the end of the period (in shares) at Sep. 30, 2020   55,974,883                  
Balance at the end of the period at Sep. 30, 2020 3,713,662 $ 561 3,942,173 (65,910) (42,831) $ (120,706) 3,713,287 375 [3]      
Balance at the end of the period (in shares) at Sep. 30, 2020           (1,053,135)          
Balance at the beginning of the period (in shares) at Jun. 30, 2020   55,981,559                  
Balance at the beginning of the period at Jun. 30, 2020 3,739,703 $ 561 3,941,516 (205,621) (61,111) $ (120,530) 3,554,815 184,888 [3]      
Balance at the beginning of the period (in shares) at Jun. 30, 2020           (1,050,260)          
Increase (Decrease) in Stockholders' Equity                      
Net income (loss), excluding $24,270 attributable to redeemable noncontrolling interest 139,732     139,710     139,710 22 [3]      
Net income (loss) 164,002                    
Interest rate swaps 5,923 [1]       5,923   5,923        
Terminated swap amortization (577)       (577)   (577)        
Reclassification of redeemable noncontrolling interest to temporary equity (6,091)             (6,091) [3]      
Derecognition of 110 North Wacker (165,509) [4]     1 12,934 [4]   12,935 [4] (178,444) [3],[4]      
Capitalized swap interest, net of tax [2] 0                    
Common stock issued 3   3       3        
Stock plan activity (in shares)   (6,676)       2,875          
Stock plan activity 478 $ 0 654     $ (176) 478        
Balance at the end of the period (in shares) at Sep. 30, 2020   55,974,883                  
Balance at the end of the period at Sep. 30, 2020 $ 3,713,662 $ 561 $ 3,942,173 $ (65,910) $ (42,831) $ (120,706) $ 3,713,287 $ 375 [3]      
Balance at the end of the period (in shares) at Sep. 30, 2020           (1,053,135)          
[1]
Amounts are shown net of deferred tax expense of $1.3 million for the three months ended September 30, 2020, and a deferred tax benefit of $1.7 million for the three months ended September 30, 2019. Amounts are shown net of deferred tax benefit of $5.6 million for the nine months ended September 30, 2020, and $7.0 million for the nine months ended September 30, 2019.
[2]
The deferred tax impact was zero for the three and nine months ended September 30, 2020, and the three months ended September 30, 2019, and not meaningful for the nine months ended September 30, 2019.
[3] Excludes redeemable noncontrolling interest, which is reflected in temporary equity. See Note 3 - Real Estate and Other Affiliates
[4] Related to deconsolidation of 110 North Wacker. Refer to Note 3 - Real Estate and Other Affiliates for additional information.