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Selected Quarterly Financial Data (Unaudited) Summary Of Quarterly Financial Data (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]                      
Revenue $ 239,149 $ 233,947 $ 230,465 $ 232,227 $ 235,376 $ 229,753 $ 224,902 $ 225,405 $ 935,788 $ 915,436 $ 857,348
Operating income 176,221 [1] 94,018 [1] 109,579 [1] 91,093 [1] 84,840 [2] 93,467 [2] 93,868 [2] 89,461 [2] 470,911 361,636 410,210
Net income 148,966 [1] 67,106 [1] 82,667 [1] 61,803 [1] 56,382 [2] 64,180 [2] 65,533 [2] 62,931 [2] 360,542 249,026 297,870
Net income attributable to the Trust 147,355 [1] 65,465 [1] 80,902 [1] 60,144 [1] 54,507 [2] 62,558 [2] 63,595 [2] 61,247 [2] 353,866 241,907 289,914
Net income available for common shareholders $ 145,344 [1] $ 63,455 [1] $ 78,891 [1] $ 58,134 [1] $ 52,496 [2] $ 60,548 [2] $ 61,584 [2] $ 59,237 [2] $ 345,824 $ 233,865 $ 287,456
Earnings Per Common Share, Basic $ 1.92 [1] $ 0.84 [1] $ 1.05 [1] $ 0.78 [1] $ 0.71 [2] $ 0.82 [2] $ 0.84 [2] $ 0.81 [2] $ 4.61 $ 3.18 $ 3.97
Earnings Per Common Share, Diluted $ 1.92 [1] $ 0.84 [1] $ 1.05 [1] $ 0.78 [1] $ 0.71 [2] $ 0.82 [2] $ 0.84 [2] $ 0.81 [2] $ 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.