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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Preferred Stock
COMMON SHARES, $0.01 PAR VALUE
PAID IN CAPITAL
RETAINED EARNINGS
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
DISTRIBUTIONS
OPERATING PARTNERSHIP
PARTIALLY OWNED PROPERTIES
Balance, beginning of year at Dec. 31, 2021   $ 37,280 $ 3,755 $ 9,121,122 $ 1,827,063 $ (34,272)      
Balance, beginning of year at Dec. 31, 2021               $ 214,094 $ 18,166
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares       174          
Exercise of share options     3 14,341          
Employee Share Purchase Plan (ESPP)       969          
Share-based employee compensation expense:                  
Issuance of restricted units/shares     2 3,609       1  
Share options       876          
ESPP discount       171          
Offering costs       (114)          
Supplemental Executive Retirement Plan (SERP)       (163)          
Change in market value of Redeemable Noncontrolling Interests - Operating Partnership $ (939)     939          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       1,045       (1,045)  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares       174          
Exercise of share options     3 14,341          
Employee Share Purchase Plan (ESPP)       969          
RETAINED EARNINGS                  
Net income attributable to controlling interests 70,765       70,765        
Common Share distributions         (235,351)        
Preferred Share distributions         (772)        
Accumulated other comprehensive income (loss) - derivative instruments:                  
Losses reclassified into earnings from other comprehensive income (2,425)         2,425      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 0.625    
NONCONTROLLING INTERESTS                  
Issuance of restricted units/shares     2 3,609       1  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (174)  
Equity compensation associated with Noncontrolling Interests               7,798  
Net income attributable to Noncontrolling Interests 2,394             2,394 639
Distributions to Noncontrolling Interests               (7,895) (15,836)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership (2,278)             2,278  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       1,045       (1,045)  
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 2,394             2,394 639
Contributions by Noncontrolling Interests                 446
Distributions to Noncontrolling Interests               (7,895) (15,836)
Balance, end of period at Mar. 31, 2022   37,280 3,760 9,142,969 1,661,705 (31,847)      
Balance, end of period at Mar. 31, 2022               217,451 3,415
Balance, beginning of year at Dec. 31, 2022 11,173,439 37,280 3,784 9,476,085 1,658,837 (2,547)      
Balance, beginning of year at Dec. 31, 2022 209,240             209,961 (721)
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares     2 3,671          
Exercise of share options     2 8,110          
Employee Share Purchase Plan (ESPP)       1,452          
Share-based employee compensation expense:                  
Issuance of restricted units/shares     1 3,653          
Share options       1,497          
ESPP discount       260          
Supplemental Executive Retirement Plan (SERP)       491          
Change in market value of Redeemable Noncontrolling Interests - Operating Partnership 5,946     (5,946)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (953)       953  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares     2 3,671          
Exercise of share options     2 8,110          
Employee Share Purchase Plan (ESPP)       1,452          
RETAINED EARNINGS                  
Net income attributable to controlling interests 212,035       212,035        
Common Share distributions         (250,969)        
Preferred Share distributions         (772)        
Accumulated other comprehensive income (loss) - derivative instruments:                  
Unrealized holding gains (losses) arising during the period (9,780)         (9,780)      
Losses reclassified into earnings from other comprehensive income (1,095)         1,095      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 0.6625    
NONCONTROLLING INTERESTS                  
Issuance of restricted units/shares     1 3,653          
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (3,673)  
Equity compensation associated with Noncontrolling Interests               4,654  
Net income attributable to Noncontrolling Interests 7,059             7,059 977
Distributions to Noncontrolling Interests               (7,904) (2,809)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership (668)             668  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (953)       953  
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 7,059             7,059 977
Distributions to Noncontrolling Interests               (7,904) (2,809)
Balance, end of period at Mar. 31, 2023 11,137,288 $ 37,280 $ 3,789 $ 9,488,320 $ 1,619,131 $ (11,232)      
Balance, end of period at Mar. 31, 2023 $ 209,165             $ 211,718 $ (2,553)