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CONSOLIDATED STATEMENTS OF BENEFICIARIES’ EQUITY - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Deferred Compensation Payable in Common Shares
Additional Paid-in Capital
Common Shares in Grantor Trust
Cumulative Earnings
Cumulative Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income (Loss)
Cumulative Distributions
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2018     176,873,324 977,120              
Beneficiaries' Equity, beginning balance at Dec. 31, 2018 $ 1,811,028 $ (5,336) $ 1,770 $ 14,021 $ 3,200,312 $ (14,021) $ 775,625 $ (5,336) $ 5,029 $ (2,183,909) $ 12,201
Parent Company                      
Net income 34,529           34,267       262
Other comprehensive income $ (7,440)               (7,399)   (41)
Repurchase and retirement of Common Shares of Beneficial Interest (in shares) (1,337,169)   (1,337,169)                
Repurchase and retirement of Common Shares of Beneficial Interest $ (17,281)   $ (13)   (17,268)            
Issuance of partnership interest in consolidated real estate venture 27                   27
Purchase of partnership interest in consolidated real estate venture (2,180)       (983)           (1,197)
Redemption of LP Units (in shares)     1,245                
Redemption of LP Units 0       16           (16)
Share-based compensation activity (in shares)     845,210 41,342              
Share-based compensation activity 10,027   $ 9   10,018            
Share Issuance from/(to) Deferred Compensation Plan (in shares)     97,485 87,080              
Share Issuance from/(to) Deferred Compensation Plan 0     $ 2,195   (2,195)          
Reallocation of Noncontrolling Interest 0       63           (63)
Distributions declared (135,071)                 (134,324) (747)
Ending balance (in shares) at Dec. 31, 2019     176,480,095 1,105,542              
Beneficiaries' Equity, ending balance at Dec. 31, 2019 1,688,303   $ 1,766 $ 16,216 3,192,158 (16,216) 804,556   (2,370) (2,318,233) 10,426
Parent Company                      
Net income 307,326           305,527       1,799
Other comprehensive income $ (5,220)               (5,191)   (29)
Repurchase and retirement of Common Shares of Beneficial Interest (in shares) (6,248,483)   (6,248,483)                
Repurchase and retirement of Common Shares of Beneficial Interest $ (59,999)   $ (62)   (59,937)            
Sale of partnership interest to consolidated real estate venture (1,017)                   (1,017)
Distributions from consolidated real estate venture (22)                   (22)
Share-based compensation activity (in shares)     309,096 50,967              
Share-based compensation activity 6,236   $ 3   6,233            
Share Issuance from/(to) Deferred Compensation Plan (in shares)     32,256 3,985              
Share Issuance from/(to) Deferred Compensation Plan (206)     $ 1,300 (206) (1,300)          
Reallocation of Noncontrolling Interest 0       (96)           96
Distributions declared (130,753)                 (130,005) (748)
Ending balance (in shares) at Dec. 31, 2020     170,572,964 1,160,494              
Beneficiaries' Equity, ending balance at Dec. 31, 2020 1,804,648   $ 1,707 $ 17,516 3,138,152 (17,516) 1,110,083   (7,561) (2,448,238) 10,505
Parent Company                      
Net income 12,366           12,289       77
Other comprehensive income 5,569               5,541   28
Issuance of Common Shares of Beneficial Interest (in shares)     226,695                
Issuance of Common Shares of Beneficial Interest 3,052   $ 3   3,049            
Issuance of partnership interest in consolidated real estate venture 2,765                   2,765
Redemption of LP Units (2,334)                   (2,334)
Share-based compensation activity (in shares)     344,656 70,645              
Share-based compensation activity 6,354   $ 2   6,352            
Share Issuance from/(to) Deferred Compensation Plan (in shares)     (18,058) (61,436)              
Share Issuance from/(to) Deferred Compensation Plan (198)     $ 975 (198) (975)          
Reallocation of Noncontrolling Interest 0       (569)           569
Distributions declared (131,003)                 (130,345) (658)
Ending balance (in shares) at Dec. 31, 2021     171,126,257 1,169,703              
Beneficiaries' Equity, ending balance at Dec. 31, 2021 $ 1,701,219   $ 1,712 $ 18,491 $ 3,146,786 $ (18,491) $ 1,122,372   $ (2,020) $ (2,578,583) $ 10,952