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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
PREFERRED SHARES
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, 2017   $ 37,280 $ 3,680 $ 8,886,586 $ 1,403,530 $ (88,612)      
Balance, beginning of year at Dec. 31, 2017               $ 226,691 $ 4,708
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares       331          
Exercise of share options     1 2,616          
Employee Share Purchase Plan (ESPP)     1 2,180          
Share-based employee compensation expense:                  
Restricted shares     1 5,162          
Share options       8,536          
ESPP discount       400          
Offering costs       (27)          
Supplemental Executive Retirement Plan (SERP)       (538)          
Change in market value of Redeemable Noncontrolling Interests – Operating Partnership $ 172     (172)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       110       (110)  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares       331          
Exercise of share options     1 2,616          
Employee Share Purchase Plan (ESPP)     1 2,180          
RETAINED EARNINGS                  
Net income attributable to controlling interests 325,411       325,411        
Common Share distributions         (397,796)        
Preferred Share distributions         (1,545)        
Accumulated other comprehensive income (loss) – derivative instruments:                  
Unrealized holding gains (losses) arising during the period 11,995         11,995      
Losses reclassified into earnings from other comprehensive income (9,307)         9,307      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 1.08    
NONCONTROLLING INTERESTS                  
Issuance of restricted units to Noncontrolling Interests               1  
Conversion of OP Units into Common Shares       331          
Equity compensation associated with Noncontrolling Interests               8,116  
Net income 338,958                
Distributions to Noncontrolling Interests               (14,374) (7,668)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership (644)             644  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       110       (110)  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (331)  
Net income attributable to Noncontrolling Interests 12,358             12,358 1,189
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 12,358             12,358 1,189
Contributions by Noncontrolling Interests                 125
Distributions to Noncontrolling Interests               (14,374) (7,668)
Balance, end of period at Jun. 30, 2018   37,280 3,683 8,905,184 1,329,600 (67,310)      
Balance, end of period at Jun. 30, 2018               232,995 (1,646)
Balance, beginning of year at Mar. 31, 2018   37,280 3,682 8,910,306 1,415,638 (77,734)      
Balance, beginning of year at Mar. 31, 2018               234,628 1,293
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares       197          
Exercise of share options       1,017          
Employee Share Purchase Plan (ESPP)     1 499          
Share-based employee compensation expense:                  
Restricted shares       2,540          
Share options       1,198          
ESPP discount       103          
Offering costs       (1)          
Supplemental Executive Retirement Plan (SERP)       (621)          
Change in market value of Redeemable Noncontrolling Interests – Operating Partnership       (13,003)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       2,949       (2,949)  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares       197          
Exercise of share options       1,017          
Employee Share Purchase Plan (ESPP)     1 499          
RETAINED EARNINGS                  
Net income attributable to controlling interests 113,602       113,602        
Common Share distributions         (198,868)        
Preferred Share distributions         (772)        
Accumulated other comprehensive income (loss) – derivative instruments:                  
Unrealized holding gains (losses) arising during the period 5,908         5,908      
Losses reclassified into earnings from other comprehensive income (4,516)         4,516      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             0.54    
NONCONTROLLING INTERESTS                  
Conversion of OP Units into Common Shares       197          
Equity compensation associated with Noncontrolling Interests               3,313  
Net income 118,410                
Distributions to Noncontrolling Interests               (7,186) (3,448)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership               1,087  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       2,949       (2,949)  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (197)  
Net income attributable to Noncontrolling Interests 4,299             4,299 509
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 4,299             4,299 509
Distributions to Noncontrolling Interests               (7,186) (3,448)
Balance, end of period at Jun. 30, 2018   37,280 3,683 8,905,184 1,329,600 (67,310)      
Balance, end of period at Jun. 30, 2018               232,995 (1,646)
Balance, beginning of year at Dec. 31, 2018 10,173,204 37,280 3,694 8,935,453 1,261,763 (64,986)      
Balance, beginning of year at Dec. 31, 2018 226,445             228,738 (2,293)
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares     2 4,869          
Exercise of share options     10 48,477          
Employee Share Purchase Plan (ESPP)       1,652          
Share-based employee compensation expense:                  
Restricted shares     2 7,980          
Share options       1,682          
ESPP discount       365          
Offering costs       (155)          
Supplemental Executive Retirement Plan (SERP)       (1,539)          
Change in market value of Redeemable Noncontrolling Interests – Operating Partnership 56,974     (56,974)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       7,771       (7,771)  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares     2 4,869          
Exercise of share options     10 48,477          
Employee Share Purchase Plan (ESPP)       1,652          
RETAINED EARNINGS                  
Net income attributable to controlling interests 413,507       413,507        
Common Share distributions         (420,916)        
Preferred Share distributions         (1,545)        
Accumulated other comprehensive income (loss) – derivative instruments:                  
Unrealized holding gains (losses) arising during the period (33,765)         (33,765)      
Losses reclassified into earnings from other comprehensive income (8,902)         8,902      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             1.135    
NONCONTROLLING INTERESTS                  
Conversion of OP Units into Common Shares     2 4,869          
Equity compensation associated with Noncontrolling Interests               10,829  
Net income 430,556                
Distributions to Noncontrolling Interests               (15,079) (5,219)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership (45)             45  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       7,771       (7,771)  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (4,871)  
Net income attributable to Noncontrolling Interests 15,429             15,429 1,620
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 15,429             15,429 1,620
Contributions by Noncontrolling Interests                 4,594
Distributions to Noncontrolling Interests               (15,079) (5,219)
Balance, end of period at Jun. 30, 2019 10,153,529 37,280 3,708 8,949,581 1,252,809 (89,849)      
Balance, end of period at Jun. 30, 2019 226,022             227,320 (1,298)
Balance, beginning of year at Mar. 31, 2019   37,280 3,705 8,925,882 1,155,032 (75,013)      
Balance, beginning of year at Mar. 31, 2019               225,081 (5,462)
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares       84          
Exercise of share options     3 18,624          
Employee Share Purchase Plan (ESPP)       526          
Share-based employee compensation expense:                  
Restricted shares       3,404          
Share options       889          
ESPP discount       98          
Offering costs       (155)          
Supplemental Executive Retirement Plan (SERP)       (937)          
Change in market value of Redeemable Noncontrolling Interests – Operating Partnership       (1,953)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       3,119       (3,119)  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares       84          
Exercise of share options     3 18,624          
Employee Share Purchase Plan (ESPP)       526          
RETAINED EARNINGS                  
Net income attributable to controlling interests 308,968       308,968        
Common Share distributions         (210,419)        
Preferred Share distributions         (772)        
Accumulated other comprehensive income (loss) – derivative instruments:                  
Unrealized holding gains (losses) arising during the period (19,345)         (19,345)      
Losses reclassified into earnings from other comprehensive income (4,509)         4,509      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 0.5675    
NONCONTROLLING INTERESTS                  
Conversion of OP Units into Common Shares       84          
Equity compensation associated with Noncontrolling Interests               2,926  
Net income 321,299                
Distributions to Noncontrolling Interests               (7,474) (1,251)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership               (1,520)  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       3,119       (3,119)  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (84)  
Net income attributable to Noncontrolling Interests 11,510             11,510 821
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 11,510             11,510 821
Contributions by Noncontrolling Interests                 4,594
Distributions to Noncontrolling Interests               (7,474) (1,251)
Balance, end of period at Jun. 30, 2019 10,153,529 $ 37,280 $ 3,708 $ 8,949,581 $ 1,252,809 $ (89,849)      
Balance, end of period at Jun. 30, 2019 $ 226,022             $ 227,320 $ (1,298)