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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
[6]
Bridges at Mint Hill
Associations of Unit Owners
Total Stockholders' Equity
Total Stockholders' Equity
Cumulative Effect, Period of Adoption, Adjustment
[6]
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Deficit
Cumulative Effect, Period of Adoption, Adjustment
[6]
Accumulated Other Comprehensive (Loss)
Treasury Stock
Noncontrolling Interests
[1]
Noncontrolling Interests
Bridges at Mint Hill
[1]
Noncontrolling Interests
Associations of Unit Owners
[1]
Balance at the beginning of the period (in shares) at Dec. 31, 2018             43,511,473         (519,849)      
Balance at the beginning of the period at Dec. 31, 2018 $ 3,238,126       $ 3,132,212   $ 436 $ 3,322,433 $ (120,341)   $ (8,126) $ (62,190) $ 105,914    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income (loss) 74,295       73,956       73,956       339    
Interest rate swaps, net of tax (21,184) [2]       (21,184)           (21,184)        
Pension adjustment, net of tax 11       11           11        
Capitalized swap interest, net of tax (73) [3]       (73)           (73)        
Deconsolidation of noncontrolling interests     $ (3,750) $ (2,538)                   $ (3,750) $ (2,538)
Contributions to joint ventures 84,890                       84,890    
Share of investee's other comprehensive income, net of tax expense (benefit) [4] 0                            
Repurchase of common shares (in shares)                       (496,000)      
Repurchase of common shares (53,923)       (53,923)             $ (53,923)      
Stock plan activity (in shares)             124,420         (34,411)      
Stock plan activity 17,134       17,134   $ 1 21,550       $ (4,417)      
Balance at the end of the period (in shares) at Dec. 31, 2019             43,635,893         (1,050,260)      
Balance at the end of the period at Dec. 31, 2019 3,332,988       3,148,133   $ 437 3,343,983 (46,385)   (29,372) $ (120,530) 184,855    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income (loss) (3,173)                            
Net income (loss) excluding a loss attributable to redeemable noncontrolling interest (26,054)       (26,154)       (26,154)       100    
Interest rate swaps, net of tax (23,070) [2]       (23,070)           (23,070)        
Pension adjustment, net of tax (84)       (84)           (84)        
Capitalized swap interest, net of tax [3] 0                            
Reclassification of redeemable noncontrolling interest to temporary equity (6,091)                       (6,091)    
Share of investee's other comprehensive income, net of tax expense (benefit) 1,002 [4]       1,002           1,002        
Derecognition of 110 North Wacker, net of tax of $951 [5] (165,509)       12,935       1   12,934   (178,444)    
Issuance of common shares (in shares)             12,270,900                
Issuance of common shares 593,616       593,616   $ 123 593,493              
Stock plan activity (in shares)             136,021         (20,298)      
Stock plan activity 8,243       8,243   $ 2 9,802       $ (1,561)      
Balance at the end of the period (in shares) at Dec. 31, 2020             56,042,814         (1,070,558)      
Balance at the end of the period at Dec. 31, 2020 $ 3,715,023 $ (18)     3,714,603 $ (18) $ 562 3,947,278 (72,556) $ (18) (38,590) $ (122,091) 420    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2016-13 [Member]                            
Net income (loss) $ 48,924                            
Net income (loss) excluding a loss attributable to redeemable noncontrolling interest 56,355       56,100       56,100       255    
Interest rate swaps, net of tax 17,960 [2]       17,960           17,960        
Pension adjustment, net of tax 452       452           452        
Capitalized swap interest, net of tax [3] 0                            
Share of investee's other comprehensive income, net of tax expense (benefit) 5,721 [4]       5,721           5,721        
Issuance of common shares (5)       (5)     (5)              
Repurchase of common shares (in shares)                       (1,023,284)      
Repurchase of common shares (96,620)       (96,620)             $ (96,620)      
Stock plan activity (in shares)             130,462         (13,773)      
Stock plan activity 11,784       11,784   $ 1 13,145       $ (1,362)      
Balance at the end of the period (in shares) at Dec. 31, 2021             56,173,276         (2,107,615)      
Balance at the end of the period at Dec. 31, 2021 $ 3,710,670       $ 3,709,995   $ 563 $ 3,960,418 $ (16,456)   $ (14,457) $ (220,073) $ 675    
[1] Excludes redeemable noncontrolling interest, which is reflected in temporary equity. See Note 2 - Investments in Real Estate and Other Affiliates.
[2] Amounts are shown net of deferred tax expense of $5.1 million for the year ended December 31, 2021, deferred tax benefit of $5.3 million for the year ended December 31, 2020, and deferred tax benefit of $6.2 million for the year ended December 31, 2019.
[3] The deferred tax impact was not meaningful for the years ended December 31, 2021, 2020 and 2019.
[4] Amounts are shown net of deferred tax expense of $1.6 million for the year ended December 31, 2021, and $0.3 million for the year ended December 31, 2020.
[5] Related to deconsolidation of 110 North Wacker. Refer to Note 2 - Investments in Real Estate and Other Affiliates for additional information.
[6] Related to the adoption of ASU 2016-13, Financial Instruments-Credit Losses (Topic 326) and all its related amendments as of January 1, 2020.