XML 26 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (Unaudited) - 3 months ended Mar. 31, 2018 - USD ($)
$ in Thousands
Total
PREFERRED SHARES
COMMON SHARES, $0.01 PAR VALUE
PAID IN CAPITAL
RETAINED EARNINGS
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
OPERATING PARTNERSHIP
PARTIALLY OWNED PROPERTIES
Balance, beginning of year at Dec. 31, 2017 $ 10,242,464 $ 37,280 $ 3,680 $ 8,886,586 $ 1,403,530 $ (88,612)    
Balance, beginning of year at Dec. 31, 2017 231,399           $ 226,691 $ 4,708
COMMON SHARES, $0.01 PAR VALUE                
Conversion of OP Units into Common Shares       134     (134)  
Exercise of share options     1 1,599        
Employee Share Purchase Plan (ESPP)       1,681        
Restricted shares     1 2,622        
Share options       7,338        
ESPP discount       297        
PAID IN CAPITAL                
Conversion of OP Units into Common Shares       134     (134)  
Exercise of share options     1 1,599        
Employee Share Purchase Plan (ESPP)       1,681        
Share-based employee compensation expense:                
Offering costs       (26)        
Supplemental Executive Retirement Plan (SERP)       83        
Change in market value of Redeemable Noncontrolling Interests – Operating Partnership (12,831)     12,831        
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (2,839)     2,839  
RETAINED EARNINGS                
Net income attributable to controlling interests 211,809       211,809      
Common Share distributions         (198,928)      
Preferred Share distributions         (773)      
Accumulated other comprehensive income (loss) – derivative instruments:                
Unrealized holding gains (losses) arising during the period 6,087         6,087    
Losses reclassified into earnings from other comprehensive income (4,791)         4,791    
NONCONTROLLING INTERESTS                
Issuance of restricted units to Noncontrolling Interests             1  
Conversion of OP Units into Common Shares       134     (134)  
Equity compensation associated with Noncontrolling Interests             4,803  
Net income 220,548              
Distributions to Noncontrolling Interests             (7,188) (4,220)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership 443           (443)  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (2,839)     2,839  
Net income attributable to Noncontrolling Interests 8,059           8,059 680
PARTIALLY OWNED PROPERTIES                
Net income 220,548              
Distributions to Noncontrolling Interests             (7,188) (4,220)
Net income attributable to Noncontrolling Interests 8,059           8,059 680
Contributions by Noncontrolling Interests               125
Balance, end of period at Mar. 31, 2018 10,289,172 $ 37,280 $ 3,682 $ 8,910,306 $ 1,415,638 $ (77,734)    
Balance, end of period at Mar. 31, 2018 $ 235,921           $ 234,628 $ 1,293