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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Total Stockholders' Equity
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Noncontrolling Interests
Balance at the beginning of the period (in shares) at Dec. 31, 2020     56,042,814       (1,070,558)  
Balance at the beginning of the period at Dec. 31, 2020 $ 3,715,023 $ 3,714,603 $ 562 $ 3,947,278 $ (72,556) $ (38,590) $ (122,091) $ 420
Increase (Decrease) in Stockholders' Equity                
Net income (loss) excluding a loss attributable to redeemable noncontrolling interest [1] (66,589) (66,594)     (66,594)     5
Interest rate swaps 6,356 [2] 6,356       6,356    
Share of investee's other comprehensive income 1,217 [3] 1,217       1,217    
Issuance of common shares (5) (5)   (5)        
Stock plan activity (in shares)     135,419          
Stock plan activity 5,265 5,265 $ 1 5,264        
Balance at the end of the period (in shares) at Mar. 31, 2021     56,178,233       (1,070,558)  
Balance at the end of the period at Mar. 31, 2021 3,661,267 3,660,842 $ 563 3,952,537 (139,150) (31,017) $ (122,091) 425
Increase (Decrease) in Stockholders' Equity                
Share of investee's other comprehensive income, tax expense 346              
Balance at the beginning of the period (in shares) at Dec. 31, 2021     56,173,276       (2,107,615)  
Balance at the beginning of the period at Dec. 31, 2021 3,710,670 3,709,995 $ 563 3,960,418 (16,456) (14,457) $ (220,073) 675
Increase (Decrease) in Stockholders' Equity                
Net income (loss) excluding a loss attributable to redeemable noncontrolling interest 2,171 2,122     2,122     49
Interest rate swaps 15,077 [2] 15,077       15,077    
Deconsolidation of Associations of Unit Owners (210)             (210)
Reclassification of the Company’s share of previously deferred derivative gains, net of tax expense of $1,912 [4] (6,723) (6,723)       (6,723)    
Repurchase of common shares (in shares)             (1,750,668)  
Repurchase of common shares (170,670) (170,670)         $ (170,670)  
Stock plan activity (in shares)     127,048       (9,932)  
Stock plan activity 3,083 3,083 $ 1 3,994     $ (912)  
Balance at the end of the period (in shares) at Mar. 31, 2022     56,300,324       (3,868,215)  
Balance at the end of the period at Mar. 31, 2022 3,553,398 $ 3,552,884 $ 564 $ 3,964,412 $ (14,334) $ (6,103) $ (391,655) $ 514
Increase (Decrease) in Stockholders' Equity                
Share of investee's other comprehensive income, tax expense [4] $ 1,912              
[1] Excludes redeemable noncontrolling interest. See Note 2 - Investment in Real Estate and Other Affiliates.
[2] Amounts are shown net of tax expense of $4.5 million for the three months ended March 31, 2022, and $1.8 million for the three months ended March 31, 2021.
[3] Amount is shown net of tax expense of $0.3 million for the three months ended March 31, 2021.
[4] In March 2022, the Company completed the sale of its ownership interest in 110 North Wacker and released a net of $6.7 million from Accumulated other comprehensive income (loss), representing the Company’s $8.6 million share of previously deferred gains associated with the Venture’s derivative instruments net of tax expense of $1.9 million. See Note 2 - Investment in Real Estate and Other Affiliates for additional information.