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CONSOLIDATED STATEMENTS OF EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS - USD ($)
shares in Thousands, $ in Thousands
Total
Total Stockholders’ Equity
Common Stock
Additional Paid-In Capital
Cumulative Dividends In Excess Of Earnings
Accumulated Other Comprehensive Income (Loss)
Total Noncontrolling Interests
Balance (in shares) at Dec. 31, 2021     539,097        
Balance at Dec. 31, 2021 $ 7,058,760 $ 6,515,470 $ 539,097 $ 10,100,294 $ (4,120,774) $ (3,147) $ 543,290
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 147,611 139,951     139,951   7,660
Other comprehensive income (loss) 1,829 1,829       1,829  
Issuance of common stock, net (in shares)     831        
Issuance of common stock, net 656 656 $ 831 (175)      
Repurchase of common stock (in shares)     (348)        
Repurchase of common stock (11,615) (11,615) $ (348) (11,267)      
Stock-based compensation 12,865 12,865   12,865      
Common dividends (325,939) (325,939)     (325,939)    
Distributions to noncontrolling interests (15,774)           (15,774)
Adjustments to redemption value of redeemable noncontrolling interests (28,005) (28,005)   (28,005)      
Balance (in shares) at Jun. 30, 2022     539,580        
Balance at Jun. 30, 2022 6,840,388 6,305,212 $ 539,580 10,073,712 (4,306,762) (1,318) 535,176
Beginning balance at Dec. 31, 2021 87,344            
Increase (Decrease) in Redeemable Noncontrolling Interests              
Net income (loss) 25            
Distributions to noncontrolling interests (85)            
Contributions from noncontrolling interests 588            
Adjustments to redemption value of redeemable noncontrolling interests 28,005            
Ending balance at Jun. 30, 2022 115,877            
Balance (in shares) at Mar. 31, 2022     539,524        
Balance at Mar. 31, 2022 6,947,722 6,408,223 $ 539,524 10,084,687 (4,212,941) (3,047) 539,499
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 72,280 68,338     68,338   3,942
Other comprehensive income (loss) 1,729 1,729       1,729  
Issuance of common stock, net (in shares)     65        
Issuance of common stock, net 327 327 $ 65 262      
Repurchase of common stock (in shares)     (9)        
Repurchase of common stock (263) (263) $ (9) (254)      
Stock-based compensation 6,721 6,721   6,721      
Common dividends (162,159) (162,159)     (162,159)    
Distributions to noncontrolling interests (8,265)           (8,265)
Adjustments to redemption value of redeemable noncontrolling interests (17,704) (17,704)   (17,704)      
Balance (in shares) at Jun. 30, 2022     539,580        
Balance at Jun. 30, 2022 6,840,388 6,305,212 $ 539,580 10,073,712 (4,306,762) (1,318) 535,176
Beginning balance at Mar. 31, 2022 97,890            
Increase (Decrease) in Redeemable Noncontrolling Interests              
Net income (loss) 13            
Distributions to noncontrolling interests (85)            
Contributions from noncontrolling interests 355            
Adjustments to redemption value of redeemable noncontrolling interests 17,704            
Ending balance at Jun. 30, 2022 115,877            
Balance (in shares) at Dec. 31, 2022     546,642        
Balance at Dec. 31, 2022 7,182,598 6,654,701 $ 546,642 10,349,614 (4,269,689) 28,134 527,897
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 190,393 170,851     170,851   19,542
Other comprehensive income (loss) 3,319 3,319       3,319  
Issuance of common stock, net (in shares)     642        
Issuance of common stock, net 357 357 $ 642 (285)      
Conversion of DownREIT units to common stock (in shares)     7        
Conversion of DownREIT units to common stock 0 223 $ 7 216     (223)
Repurchase of common stock (in shares)     (238)        
Repurchase of common stock (6,474) (6,474) $ (238) (6,236)      
Stock-based compensation 9,959 (621)   (621)     10,580
Common dividends (329,585) (329,585)     (329,585)    
Distributions to noncontrolling interests (31,000)           (31,000)
Adjustments to redemption value of redeemable noncontrolling interests 42,294 42,294   42,294      
Balance (in shares) at Jun. 30, 2023     547,053        
Balance at Jun. 30, 2023 7,061,861 6,535,065 $ 547,053 10,384,982 (4,428,423) 31,453 526,796
Beginning balance at Dec. 31, 2022 105,679            
Increase (Decrease) in Redeemable Noncontrolling Interests              
Net income (loss) 313            
Distributions to noncontrolling interests (126)            
Contributions from noncontrolling interests 220            
Adjustments to redemption value of redeemable noncontrolling interests (42,294)            
Ending balance at Jun. 30, 2023 63,792            
Balance (in shares) at Mar. 31, 2023     546,995        
Balance at Mar. 31, 2023 7,137,733 6,609,736 $ 546,995 10,360,058 (4,316,038) 18,721 527,997
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 56,052 51,899     51,899   4,153
Other comprehensive income (loss) 12,732 12,732       12,732  
Issuance of common stock, net (in shares)     51        
Issuance of common stock, net 183 183 $ 51 132      
Conversion of DownREIT units to common stock (in shares)     7        
Conversion of DownREIT units to common stock 0 223 $ 7 216     (223)
Repurchase of common stock (in shares)     0        
Repurchase of common stock (7) (7) $ 0 (7)      
Stock-based compensation 5,394 2,256   2,256     3,138
Common dividends (164,284) (164,284)     (164,284)    
Distributions to noncontrolling interests (8,269)           (8,269)
Adjustments to redemption value of redeemable noncontrolling interests 22,327 22,327   22,327      
Balance (in shares) at Jun. 30, 2023     547,053        
Balance at Jun. 30, 2023 7,061,861 $ 6,535,065 $ 547,053 $ 10,384,982 $ (4,428,423) $ 31,453 $ 526,796
Beginning balance at Mar. 31, 2023 85,902            
Increase (Decrease) in Redeemable Noncontrolling Interests              
Net income (loss) 147            
Distributions to noncontrolling interests (54)            
Contributions from noncontrolling interests 124            
Adjustments to redemption value of redeemable noncontrolling interests (22,327)            
Ending balance at Jun. 30, 2023 $ 63,792