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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-In Capital
Cumulative Dividends In Excess Of Earnings
Accumulated Other Comprehensive Income (Loss)
Total Stockholders’ Equity
Total Noncontrolling Interests
Balance at Dec. 31, 2016 $ 5,941,308 $ 468,081 $ 8,198,890 $ (3,089,734) $ (29,642) $ 5,547,595 $ 393,713
Balance (in shares) at Dec. 31, 2016   468,081          
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 480,558     472,871   472,871 7,687
Other comprehensive income (loss) 5,151       5,151 5,151  
Issuance of common stock, net 17,350 $ 998 16,352     17,350  
Issuance of common stock, net (in shares)   998          
Conversion of DownREIT units to common stock 0 $ 68 2,003     2,071 (2,071)
Conversion of DownREIT units to common stock (in shares)   68          
Repurchase of common stock (4,459) $ (144) (4,315)     (4,459)  
Repurchase of common stock (in shares)   (144)          
Exercise of stock options (in shares)   32          
Exercise of stock options 768 $ 32 736     768  
Amortization of deferred compensation 10,865   10,865     10,865  
Common dividends (520,779)     (520,779)   (520,779)  
Distributions to noncontrolling interests (19,520)   0       (19,520)
Issuances of noncontrolling interests 1,050           1,050
Deconsolidation of noncontrolling interests (58,061)   0 0     (58,061)
Balance at Sep. 30, 2017 5,854,231 $ 469,035 8,224,531 (3,137,642) (24,491) 5,531,433 322,798
Balance (in shares) at Sep. 30, 2017   469,035          
Increase (Decrease) in Stockholders' Equity              
Cumulative effect of new accounting principle [1] 79,144     79,144   79,144  
Adjusted balance, January 1, 2018 5,674,082 $ 469,436 8,226,113 (3,291,376) (24,024) 5,380,149 293,933
Balance at Dec. 31, 2017 5,594,938 $ 469,436 8,226,113 (3,370,520) (24,024) 5,301,005 293,933
Balance (in shares) at Dec. 31, 2017   469,436          
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 239,091     229,545   229,545 9,546
Other comprehensive income (loss) 19,727       19,727 19,727  
Issuance of common stock, net 4,310 $ 601 3,709     4,310  
Issuance of common stock, net (in shares)   601          
Repurchase of common stock (3,342) $ (138) (3,204)     (3,342)  
Repurchase of common stock (in shares)   (138)          
Exercise of stock options (in shares)   17          
Exercise of stock options 376 $ 17 359     376  
Amortization of deferred compensation 13,098   13,098     13,098  
Common dividends (522,566)     (522,566)   (522,566)  
Distributions to noncontrolling interests (13,924)           (13,924)
Issuances of noncontrolling interests 298,929           298,929
Purchase of noncontrolling interests (69,406)   (50,129)     (50,129) (19,277)
Balance at Sep. 30, 2018 $ 5,640,375 $ 469,916 $ 8,189,946 $ (3,584,397) $ (4,297) $ 5,071,168 $ 569,207
Balance (in shares) at Sep. 30, 2018   469,916          
[1] On January 1, 2018, the Company adopted Accounting Standards Update (“ASU”) No. 2017-05, Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets (“ASU 2017-05”), and recognized the cumulative-effect of adoption to beginning retained earnings. Refer to Note 2 for a detailed impact of adoption.