XML 64 R75.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Earnings Per Share (Schedule Of Earnings Per Share) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
[1]
Sep. 30, 2019
[1]
Jun. 30, 2019
[1]
Mar. 31, 2019
[1]
Dec. 31, 2018
[2]
Sep. 30, 2018
[2]
Jun. 30, 2018
[2]
Mar. 31, 2018
[2]
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Earnings Per Share [Abstract]                      
Net income $ 148,966 $ 67,106 $ 82,667 $ 61,803 $ 56,382 $ 64,180 $ 65,533 $ 62,931 $ 360,542 $ 249,026 $ 297,870
Less: Preferred share dividends                 (8,042) (8,042) (2,458)
Net income attributable to noncontrolling interests                 (6,676) (7,119) (7,956)
Less: Earnings allocated to unvested shares                 (1,007) (930) (942)
Net income available for common shareholders, basic and diluted                 $ 344,817 $ 232,935 $ 286,514
Weighted average common shares outstanding—basic                 74,766 73,274 72,117
Stock options                 0 28 116
Weighted average common shares outstanding—diluted                 74,766 73,302 72,233
Earnings Per Common Share, Basic $ 1.92 $ 0.84 $ 1.05 $ 0.78 $ 0.71 $ 0.82 $ 0.84 $ 0.81 $ 4.61 $ 3.18 $ 3.97
Earnings Per Common Share, Diluted $ 1.92 $ 0.84 $ 1.05 $ 0.78 $ 0.71 $ 0.82 $ 0.84 $ 0.81 $ 4.61 $ 3.18 $ 3.97
[1]
Second and third quarter 2019 include net gains of $16.2 million and $14.3 million, respectively, related to the sale of two properties and one parcel of land, as well as condominiums sold at our Assembly Row and Pike & Rose properties. Third quarter 2019 also includes an $11.9 million charge related to the buyout of a lease at Assembly Square Marketplace. Fourth quarter 2019 includes an $85.1 million net gain on sale under the threat of condemnation of a portion of San Antonio Center. All of these transactions are further discussed in Note 3.
[2]
First and second quarter 2018 include net gains of $3.3 million and $4.0 million, respectively, related to condominiums sold at our Assembly Row and Pike & Rose properties. Third and fourth quarter 2018 include gains of $3.1 million and $1.6 million, respectively, related to the sale of one residential building and one property. All of these transactions are further discussed in Note 3.