XML 48 R37.htm IDEA: XBRL DOCUMENT v3.23.3
Stockholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Summary of Stockholders' Equity Capital Accounts
The following is a summary of our stockholders’ equity capital accounts as of the dates indicated: 
 September 30, 2023December 31, 2022
Preferred Stock, $1.00 par value:
Authorized shares50,000,000 50,000,000 
Issued shares— — 
Outstanding shares— — 
Common Stock, $1.00 par value:
Authorized shares700,000,000 700,000,000 
Issued shares534,047,596 492,283,488 
Outstanding shares532,268,482 490,508,937 
The following is a summary of our common stock issuances during the nine months ended September 30, 2023 and 2022 (dollars in thousands, except shares and average price amounts): 
 Shares IssuedAverage PriceGross ProceedsNet Proceeds
2022 Option exercises2,433 $67.00 $163 $163 
2022 ATM Program issuances25,128,285 88.39 2,221,023 2,184,790 
2022 Redemption of OP Units and DownREIT Units
5,498 — — 
2022 Stock incentive plans, net of forfeitures140,833 — — 
2022 Totals25,277,049 $2,221,186 $2,184,953 
2023 Option exercises1,708 $63.65 $109 $109 
2023 ATM Program issuances41,477,572 79.08 3,279,956 3,264,947 
2023 Redemption of OP Units and DownREIT Units
334,582 — — 
2023 Stock incentive plans, net of forfeitures(54,317)— — 
2023 Totals41,759,545 $3,280,065 $3,265,056 
Summary of Dividend Payments The following is a summary of our dividend payments (in thousands, except per share amounts): 
 Nine Months Ended
 September 30, 2023September 30, 2022
Per ShareAmountPer ShareAmount
Common stock$1.83 $921,319 $1.83 $834,779 
Summary of Accumulated Other Comprehensive Income (Loss) The following is a summary of accumulated other comprehensive income (loss) as of the dates presented (in thousands):
September 30, 2023December 31, 2022
Foreign currency translation$(1,095,799)$(1,115,317)
Derivative and financial instruments designated as hedges946,437 995,610 
Total accumulated other comprehensive income (loss)$(149,362)$(119,707)