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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Series E Preferred Stock
Series F Preferred Stock
Total Stockholders’ Equity
Total Stockholders’ Equity
Series E Preferred Stock
Total Stockholders’ Equity
Series F Preferred Stock
Preferred Stock
Series E Preferred Stock
Preferred Stock
Series F Preferred Stock
Common Stock
Capital in Excess of Par Value
Retained Earnings (Loss)
Retained Earnings (Loss)
Series E Preferred Stock
Retained Earnings (Loss)
Series F Preferred Stock
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Beginning balance at Dec. 31, 2017 $ 3,840,910     $ 3,840,593     $ 287,500 $ 345,000 $ 1,537 $ 3,599,475 $ (379,181)     $ (13,738) $ 317
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net earnings 292,485     292,447             292,447       38
Dividends declared and paid:                              
Preferred stock dividends declared and paid   $ (16,387) $ (17,940)   $ (16,387) $ (17,940)           $ (16,387) $ (17,940)    
Common stock dividends declared and paid (290,201)     (290,201)         3 12,960 (303,164)        
Issuance of common stock:                              
Director compensation 1,375     1,375           1,375          
Stock purchase plan 426     426           426          
ATM equity program 332,018     332,018         74 331,944          
Restricted shares - net of forfeitures and repurchases (89)     (89)         2 (91)          
Stock issuance costs (3,947)     (3,947)           (3,947)          
Amortization of deferred compensation 7,913     7,913           7,913          
Amortization of interest rate hedges 3,664     3,664                   3,664  
Fair value of forward starting swaps 4,080     4,080                   4,080  
Valuation adjustments – available-for-sale securities 298     298                   298  
Realized gain – available-for-sale securities 0                            
Ending balance at Dec. 31, 2018 4,154,605     4,154,250     287,500 345,000 1,616 3,950,055 (424,225)     (5,696) 355
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net earnings 299,608     299,180             299,180       428
Dividends declared and paid:                              
Preferred stock dividends declared and paid   $ (13,201) (17,940)   $ (13,201) (17,940)           $ (13,201) (17,940)    
Common stock dividends declared and paid (314,619)     (314,619)         4 19,069 (333,692)        
Redemption of depositary shares (287,500)     (287,500)     $ (287,500)     9,856 (9,856)        
Issuance of common stock:                              
Director compensation 1,294     1,294           1,294          
Stock purchase plan 370     370           370          
ATM equity program 127,337     127,337         24 127,313          
Equity offering 395,500     395,500         70 395,430          
Restricted shares - net of forfeitures and repurchases 0     0         4 (4)          
Stock issuance costs (17,521)     (17,521)           (17,521)          
Amortization of deferred compensation 9,452     9,452           9,452          
Amortization of interest rate hedges 1,307     1,307                   1,307  
Fair value of forward starting swaps (5,524)     (5,524)                   (5,524)  
Valuation adjustments – available-for-sale securities 116     116                   116  
Realized gain – available-for-sale securities (1,331)     (1,331)                   (1,331)  
Other 505     505             505        
Distributions to noncontrolling interests (776)                           (776)
Ending balance at Dec. 31, 2019 4,331,682     4,331,675       345,000 1,718 4,495,314 (499,229)     (11,128) 7
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net earnings 228,796     228,799             228,799       (3)
Dividends declared and paid:                              
Preferred stock dividends declared and paid     $ (17,940)     $ (17,940)             $ (17,940)    
Common stock dividends declared and paid (351,544)     (351,544)         1 4,864 (356,409)        
Issuance of common stock:                              
Director compensation 1,132     1,132           1,132          
Stock purchase plan 308     308           308          
ATM equity program 121,315     121,315         31 121,284          
Restricted shares - net of forfeitures and repurchases 0     0         3 (3)          
Stock issuance costs (2,212)     (2,212)           (2,212)          
Amortization of deferred compensation 13,084     13,084           13,084          
Amortization of interest rate hedges 2,300     2,300                   2,300  
Fair value of forward starting swaps (7,617)     (7,617)                   (7,617)  
Realized gain – available-for-sale securities 0                            
Ending balance at Dec. 31, 2020 $ 4,319,304     $ 4,319,300       $ 345,000 $ 1,753 $ 4,633,771 $ (644,779)     $ (16,445) $ 4