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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) 505,584 493,921     493,921   11,663
Other comprehensive income (loss) 32,673 32,673       32,673  
Issuance of common stock, net (in shares)     847        
Issuance of common stock, net 1,031 1,031 $ 847 184      
Repurchase of common stock (in shares)     (2,410)        
Repurchase of common stock (67,642) (67,642) $ (2,410) (65,232)      
Stock-based compensation 18,895 18,895   18,895      
Common dividends (487,953) (487,953)     (487,953)    
Distributions to noncontrolling interests (23,148)           (23,148)
Adjustments to redemption value of redeemable noncontrolling interests (39,434) (39,434)   (39,434)      
Balance (in shares) at Sep. 30, 2022     537,534        
Balance at Sep. 30, 2022 6,998,766 6,466,961 $ 537,534 10,014,707 (4,114,806) 29,526 531,805
Beginning balance at Dec. 31, 2021 87,344            
Increase (Decrease) in Redeemable Noncontrolling Interests              
Net income (loss) 38            
Distributions to noncontrolling interests (127)            
Contributions from noncontrolling interests 894            
Adjustments to redemption value of redeemable noncontrolling interests 39,434            
Ending balance at Sep. 30, 2022 127,583            
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
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 357,973 353,970     353,970   4,003
Other comprehensive income (loss) 30,844 30,844       30,844  
Issuance of common stock, net (in shares)     16        
Issuance of common stock, net 375 375 $ 16 359      
Repurchase of common stock (in shares)     (2,062)        
Repurchase of common stock (56,028) (56,028) $ (2,062) (53,966)      
Stock-based compensation 6,030 6,030   6,030      
Common dividends (162,014) (162,014)     (162,014)    
Distributions to noncontrolling interests (7,374)           (7,374)
Adjustments to redemption value of redeemable noncontrolling interests (11,428) (11,428)   (11,428)      
Balance (in shares) at Sep. 30, 2022     537,534        
Balance at Sep. 30, 2022 6,998,766 6,466,961 $ 537,534 10,014,707 (4,114,806) 29,526 531,805
Beginning balance at Jun. 30, 2022 115,877            
Increase (Decrease) in Redeemable Noncontrolling Interests              
Net income (loss) 13            
Distributions to noncontrolling interests (42)            
Contributions from noncontrolling interests 307            
Adjustments to redemption value of redeemable noncontrolling interests 11,428            
Ending balance at Sep. 30, 2022 127,583            
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) 258,889 235,065     235,065   23,824
Other comprehensive income (loss) 8,613 8,613       8,613  
Issuance of common stock, net (in shares)     662        
Issuance of common stock, net 685 685 $ 662 23      
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)     (239)        
Repurchase of common stock (6,488) (6,488) $ (239) (6,249)      
Stock-based compensation 14,313 1,161   1,161     13,152
Common dividends (493,884) (493,884)     (493,884)    
Distributions to noncontrolling interests (38,316)           (38,316)
Contributions from noncontrolling interests 173           173
Adjustments to redemption value of redeemable noncontrolling interests 57,229 57,229   57,229      
Balance (in shares) at Sep. 30, 2023     547,072        
Balance at Sep. 30, 2023 6,983,812 6,457,305 $ 547,072 10,401,994 (4,528,508) 36,747 526,507
Beginning balance at Dec. 31, 2022 105,679            
Increase (Decrease) in Redeemable Noncontrolling Interests              
Net income (loss) 473            
Distributions to noncontrolling interests (199)            
Contributions from noncontrolling interests 292            
Adjustments to redemption value of redeemable noncontrolling interests (57,229)            
Ending balance at Sep. 30, 2023 49,016            
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
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 68,496 64,214     64,214   4,282
Other comprehensive income (loss) 5,294 5,294       5,294  
Issuance of common stock, net (in shares)     20        
Issuance of common stock, net 328 328 $ 20 308      
Repurchase of common stock (in shares)     (1)        
Repurchase of common stock (14) (14) $ (1) (13)      
Stock-based compensation 4,354 1,782   1,782     2,572
Common dividends (164,299) (164,299)     (164,299)    
Distributions to noncontrolling interests (7,316)           (7,316)
Contributions from noncontrolling interests 173           173
Adjustments to redemption value of redeemable noncontrolling interests 14,935 14,935   14,935      
Balance (in shares) at Sep. 30, 2023     547,072        
Balance at Sep. 30, 2023 6,983,812 $ 6,457,305 $ 547,072 $ 10,401,994 $ (4,528,508) $ 36,747 $ 526,507
Beginning balance at Jun. 30, 2023 63,792            
Increase (Decrease) in Redeemable Noncontrolling Interests              
Net income (loss) 160            
Distributions to noncontrolling interests (73)            
Contributions from noncontrolling interests 72            
Adjustments to redemption value of redeemable noncontrolling interests (14,935)            
Ending balance at Sep. 30, 2023 $ 49,016