XML 17 R6.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Shares
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Distributions in Excess of Accumulated Earnings
Total Common Shareholders' Equity
Noncontrolling Interests
Balance at Dec. 31, 2018 $ 2,081,947 $ 82 $ 1,548,603 $ 516 $ (89,696) $ 1,459,505 $ 622,442
Balance (in Shares) at Dec. 31, 2018   81,557,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership 0   3,510     3,510 (3,510)
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership (in Shares)   208,000          
Issuance of Common Shares 75,115 $ 2 75,113     75,115  
Issuance of Common Shares   2,667,000          
Dividends/distributions declared ($0, $0.28, $0.29 and $0.56 per Common Share/OP Unit for Three Months and Six Months Ended June 30, 2020 and 2019) (50,362)       (46,805) (46,805) (3,557)
Employee and trustee stock compensation, net 5,442   247     247 5,195
Employee and trustee stock compensation, net (in Shares)   21,000          
Noncontrolling interest distributions (4,882)           (4,882)
Noncontrolling interest contributions 32,191           32,191
Comprehensive (loss) income (39,345)     (30,086) 21,277 (8,809) (30,536)
Reallocation of noncontrolling interests 0   (1,567)     (1,567) 1,567
Balance at Jun. 30, 2019 2,100,106 $ 84 1,625,906 (29,570) (115,224) 1,481,196 618,910
Balance (in Shares) at Jun. 30, 2019   84,453,000          
Balance at Dec. 31, 2018 $ 2,081,947 $ 82 1,548,603 516 (89,696) 1,459,505 622,442
Balance (in Shares) at Dec. 31, 2018   81,557,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Repurchase of Common Shares (in shares) 0            
Balance at Dec. 31, 2019 $ 2,186,965 $ 87 1,706,357 (31,175) (132,961) 1,542,308 644,657
Balance (in Shares) at Dec. 31, 2019 87,050,465 87,050,000          
Balance at Mar. 31, 2019 $ 2,106,352 $ 83 1,577,503 (11,021) (100,634) 1,465,931 640,421
Balance (in Shares) at Mar. 31, 2019   82,708,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership 0   557     557 (557)
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership (in Shares)   33,000          
Issuance of Common Shares 47,281 $ 1 47,280     47,281  
Issuance of Common Shares   1,697,000          
Dividends/distributions declared ($0, $0.28, $0.29 and $0.56 per Common Share/OP Unit for Three Months and Six Months Ended June 30, 2020 and 2019) (25,446)       (23,670) (23,670) (1,776)
Employee and trustee stock compensation, net 1,988   153     153 1,835
Employee and trustee stock compensation, net (in Shares)   15,000          
Noncontrolling interest distributions (1,645)           (1,645)
Noncontrolling interest contributions             0
Comprehensive (loss) income (28,424)     (18,549) 9,080 (9,469) (18,955)
Reallocation of noncontrolling interests 0   413     413 (413)
Balance at Jun. 30, 2019 2,100,106 $ 84 1,625,906 (29,570) (115,224) 1,481,196 618,910
Balance (in Shares) at Jun. 30, 2019   84,453,000          
Balance at Dec. 31, 2019 $ 2,186,965 $ 87 1,706,357 (31,175) (132,961) 1,542,308 644,657
Balance (in Shares) at Dec. 31, 2019 87,050,465 87,050,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cumulative effect of change in accounting principle $ (400)       (389) (389) (11)
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership 0   6,544     6,544 (6,544)
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership (in Shares)   408,000          
Acquisition of noncontrolling interest 588           588
Repurchase of Common Shares $ (22,386) $ (1) (22,385)     (22,386)  
Repurchase of Common Shares (in shares) (1,219,065) (1,219,000)          
Dividends/distributions declared ($0, $0.28, $0.29 and $0.56 per Common Share/OP Unit for Three Months and Six Months Ended June 30, 2020 and 2019) $ (26,909)       (24,937) (24,937) (1,972)
Employee and trustee stock compensation, net 6,136   346     346 5,790
Employee and trustee stock compensation, net (in Shares)   26,000          
Noncontrolling interest distributions (4,536)           (4,536)
Noncontrolling interest contributions 28,309           28,309
Comprehensive (loss) income (74,436)     (59,034) 10,996 (48,038) (26,398)
Reallocation of noncontrolling interests 0   2,144     2,144 (2,144)
Balance at Jun. 30, 2020 $ 2,093,331 $ 86 1,693,006 (90,209) (147,291) 1,455,592 637,739
Balance (in Shares) at Jun. 30, 2020 86,264,641 86,265,000          
Balance at Mar. 31, 2020 $ 2,011,560 $ 86 1,686,794 (85,715) (166,701) 1,434,464 577,096
Balance (in Shares) at Mar. 31, 2020   85,990,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership 0   4,072     4,072 (4,072)
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership (in Shares)   260,000          
Acquisition of noncontrolling interest 588           588
Issuance of Common Shares (34)   (34)     (34)  
Dividends/distributions declared ($0, $0.28, $0.29 and $0.56 per Common Share/OP Unit for Three Months and Six Months Ended June 30, 2020 and 2019) (123)           (123)
Employee and trustee stock compensation, net 2,317   175     175 2,142
Employee and trustee stock compensation, net (in Shares)   15,000          
Noncontrolling interest distributions (1,418)           (1,418)
Noncontrolling interest contributions 21,041           21,041
Comprehensive (loss) income 59,400     (4,494) 19,410 14,916 44,484
Reallocation of noncontrolling interests 0   1,999     1,999 (1,999)
Balance at Jun. 30, 2020 $ 2,093,331 $ 86 $ 1,693,006 $ (90,209) $ (147,291) $ 1,455,592 $ 637,739
Balance (in Shares) at Jun. 30, 2020 86,264,641 86,265,000