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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
Total
Cumulative Effect, Period of Adoption, Adjustment
Total Stockholders' Equity
Total Stockholders' Equity
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Deficit
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive (Loss)
Accumulated Other Comprehensive (Loss)
Cumulative Effect, Period of Adoption, Adjustment
Treasury Stock
Noncontrolling Interests
[1]
Bridges at Mint Hill
Bridges at Mint Hill
Noncontrolling Interests
[1]
Associations of Unit Owners
Associations of Unit Owners
Noncontrolling Interests
[1]
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 $ 3,188,551,000   $ 3,182,986,000   $ 433,000 $ 3,302,502,000 $ (109,508,000)   $ (6,965,000) $ (739,000) $ (3,476,000) $ 5,565,000        
Balance at the beginning of the period (Adoption of ASU 2014-09) at Dec. 31, 2017 [2]   $ (69,732,000)   $ (69,732,000)       $ (69,732,000)                
Balance at the beginning of the period (Adoption of ASU 2017-12) at Dec. 31, 2017               739,000   $ (739,000)            
Balance at the beginning of the period (in shares) at Dec. 31, 2017                     (29,373)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income 57,726,000   57,012,000       57,012,000         714,000        
Preferred dividend payment on behalf of subsidiary (11,000)                     (11,000)        
Interest rate swaps, net of tax (63,000) [3]   (63,000)           (63,000)              
Pension adjustment, net of tax 759,000 [4]   759,000           759,000              
Capitalized swap interest, net of tax 30,000 [5]   30,000           30,000              
Adoption of ASU 2018-02 (1,148,000) [6]           1,148,000   (1,148,000)              
Restricted stock activity (in shares)                     14,556          
Restricted stock activity (1,447,000)   (1,447,000)               $ (1,447,000)          
Repurchase of common shares (in shares)                     (475,920)          
Repurchase of common shares (57,267,000)   (57,267,000)               $ (57,267,000)          
Contributions to joint ventures 99,646,000                     99,646,000        
Share of investee's other comprehensive income, net of tax of $285 [7] 0                              
Stock plan activity (in shares)         211,220                      
Stock plan activity 19,934,000   19,934,000   $ 3,000 19,931,000                    
Balance at the end of the period (in shares) at Dec. 31, 2018         43,511,473                      
Balance at the end of the period at Dec. 31, 2018 3,238,126,000   3,132,212,000   $ 436,000 3,322,433,000 (120,341,000)   (8,126,000)   $ (62,190,000) 105,914,000        
Balance at the end of the period (in shares) at Dec. 31, 2018                     (519,849)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income 74,295,000   73,956,000       73,956,000         339,000        
Interest rate swaps, net of tax (21,184,000) [3]   (21,184,000)           (21,184,000)              
Pension adjustment, net of tax 11,000 [4]   11,000           11,000              
Capitalized swap interest, net of tax (73,000) [5]   (73,000)           (73,000)              
Adoption of ASU 2018-02 [6] 0                              
Deconsolidation of noncontrolling interests                         $ (3,750,000) $ (3,750,000) $ (2,538,000) $ (2,538,000)
Restricted stock activity (in shares)         927           34,411          
Restricted stock activity (4,417,000)   (4,417,000)               $ (4,417,000)          
Repurchase of common shares (in shares)                     (496,000)          
Repurchase of common shares (53,923,000)   (53,923,000)               $ (53,923,000)          
Contributions to joint ventures 84,890,000                     84,890,000        
Share of investee's other comprehensive income, net of tax of $285 [7] $ 0                              
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201613Member                              
Stock plan activity (in shares)         123,493                      
Stock plan activity $ 21,551,000   21,551,000   $ 1,000 21,550,000                    
Balance at the end of the period (in shares) at Dec. 31, 2019         43,635,893                      
Balance at the end of the period at Dec. 31, 2019 3,332,988,000 $ (18,000) [8] 3,148,133,000 $ (18,000) [8] $ 437,000 3,343,983,000 (46,385,000) $ (18,000.0) [8] (29,372,000)   $ (120,530,000) 184,855,000        
Balance at the end of the period (in shares) at Dec. 31, 2019                     (1,050,260)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (3,173,000)                              
Net income(loss), excluding $22,881 attributable to redeemable noncontrolling interest (26,054,000)   (26,154,000)       (26,154,000)         100,000        
Interest rate swaps, net of tax (23,070,000) [3]   (23,070,000)           (23,070,000)              
Pension adjustment, net of tax (84,000) [4]   (84,000)           (84,000)              
Capitalized swap interest, net of tax [5] 0                              
Adoption of ASU 2018-02 [6] 0                              
Reclassification of redeemable noncontrolling interest to temporary equity (6,091,000)                     (6,091,000)        
Share of investee's other comprehensive income, net of tax of $285 1,002,000 [7]   1,002,000           1,002,000              
Derecognition of 110 North Wacker, net of tax of $951 [9] (165,509,000)   12,935,000       1,000   12,934,000     (178,444,000)        
Common stock issued (in shares)         12,270,900                      
Issuance of common shares     593,616,000   $ 123,000 593,493,000                 $ 593,616,000  
Stock plan activity (in shares)         136,021           20,298          
Stock plan activity 8,243,000   8,243,000   $ 2,000 9,802,000         $ (1,561,000)          
Balance at the end of the period (in shares) at Dec. 31, 2020         56,042,814                      
Balance at the end of the period at Dec. 31, 2020 $ 3,715,023,000   $ 3,714,603,000   $ 562,000 $ 3,947,278,000 $ (72,556,000)   $ (38,590,000)   $ (122,091,000) $ 420,000        
Balance at the end of the period (in shares) at Dec. 31, 2020                     (1,070,558)          
[1] Excludes redeemable noncontrolling interest, which is reflected in temporary equity. See Note 3 - Acquisitions and Dispositions.
[2] Related to the adoption of ASU 2014-09, Revenues from Contracts with Customers (Topic 606) and all its related amendments as of January 1, 2018.
[3] Amounts are shown net of deferred tax benefit of $5.3 million for the year ended December 31, 2020, $6.2 million for the year ended December 31, 2019, and $0.3 million for the year ended December 31, 2018.
[4] The deferred tax impact is not meaningful for the years ended December 31, 2020 and 2019. Amount is net of deferred tax expense of $0.5 million for the year ended December 31, 2018.
[5] The deferred tax impact was not meaningful for the years ended December 31, 2020, 2019 and 2018.
[6] 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.
[7] The amount for 2020 is shown net of deferred tax expense of $0.3 million.
[8] Related to the adoption of ASU 2016-13, Financial Instruments-Credit Losses (Topic 326) and all its related amendments as of January 1, 2020.
[9] Related to deconsolidation of 110 North Wacker. Refer to Note 3 - Acquisitions and Dispositions for additional information.