XML 20 R6.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Common Stock
Total Stockholders' Equity
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained (Deficit) Earnings
Non-controlling Interests
Private Perpetual Preferred Units
Beginning balance (in shares) at Dec. 31, 2017         160,425,000 1,052,000          
Beginning balance at Dec. 31, 2017 $ 1,977,737     $ 1,168,282 $ 1,604 $ 11 $ 1,128,460 $ (8,555) $ 46,762 $ 801,451 $ 8,004
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Issuance of Class A shares, net of costs (in shares)         284,000            
Issuance of Class A shares, net of costs 4,749     4,749 $ 3   4,746        
Conversion of operating partnership units and Class B shares to Class A shares (in shares)         13,141,000 (14,000)          
Conversion of operating partnership units and Class B shares to Class A shares 0     70,779 $ 132 $ (1) 70,452 196   (70,779)  
Equity compensation:                      
LTIP Units, net of forfeitures 18,368                 18,368  
Restricted stock, net of forfeitures (in shares)         24,000            
Restricted stock, net of forfeitures 417     417     417        
Dividends and distributions (126,539)     (70,854)         (70,854) (54,749) (936)
Net income 117,253     65,603         65,603 50,714 936
Other comprehensive income (loss) (876)     (494)       (494)   (382)  
Ending balance (in shares) at Dec. 31, 2018         173,874,000 1,038,000          
Ending balance at Dec. 31, 2018 1,991,109     1,238,482 $ 1,739 $ 10 1,204,075 (8,853) 41,511 744,623 8,004
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Issuance of private perpetual preferred in exchange for common units                   (21,147) 21,147
Conversion of operating partnership units and Class B shares to Class A shares (in shares)         6,951,000 (21,000)          
Conversion of operating partnership units and Class B shares to Class A shares 0     27,495 $ 70   27,740 (315)   (27,495)  
Equity compensation:                      
LTIP Units, net of forfeitures 20,239                 20,239  
Restricted stock, net of forfeitures (in shares)         53,000            
Restricted stock, net of forfeitures 618     618     618        
Dividends and distributions (127,761)     (75,192)         (75,192) (50,826) (1,743)
Net income 84,290     49,445         49,445 33,102 1,743
Other comprehensive income (loss) (20,582)     (12,328)       (12,328)   (8,254)  
Ending balance (in shares) at Dec. 31, 2019   180,877,597 1,016,799   180,878,000 1,017,000          
Ending balance at Dec. 31, 2019 1,947,913     1,228,520 $ 1,809 $ 10 1,232,433 (21,496) 15,764 690,242 29,151
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Issuance of private perpetual preferred in exchange for common units                   (789) 789
Conversion of operating partnership units and Class B shares to Class A shares (in shares)         6,813,000 (7,000)          
Conversion of operating partnership units and Class B shares to Class A shares $ 0     29,863 $ 68   30,170 (375)   (29,863)  
Repurchase of common shares (in shares) (17,279,252)       (17,279,000)            
Repurchases of common shares $ (143,713)     (143,713) $ (172)   (115,997)   (27,544)    
Equity compensation:                      
LTIP Units, net of forfeitures 24,574                 24,574  
Restricted stock, net of forfeitures (in shares)         143,000            
Restricted stock, net of forfeitures 921     921     921        
Dividends and distributions (65,047)     (37,181)         (37,181) (23,669) (4,197)
Net income (22,889)     (16,712)         (16,712) (10,374) 4,197
Other comprehensive income (loss) (10,452)     (6,449)       (6,449)   (4,003)  
Ending balance (in shares) at Dec. 31, 2020   170,555,274 1,010,130   170,555,000 1,010,000          
Ending balance at Dec. 31, 2020 $ 1,731,307     $ 1,055,249 $ 1,705 $ 10 $ 1,147,527 $ (28,320) $ (65,673) $ 646,118 $ 29,940