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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       356          
Exercise of share options     2 5,998          
Employee Share Purchase Plan (ESPP)     1 3,073          
Share-based employee compensation expense:                  
Restricted shares     1 6,803          
Share options       9,206          
ESPP discount       604          
Offering costs       (27)          
Supplemental Executive Retirement Plan (SERP)       (533)          
Change in market value of Redeemable Noncontrolling Interests – Operating Partnership $ 14,361     (14,361)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       2,619       (2,619)  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares       356          
Exercise of share options     2 5,998          
Employee Share Purchase Plan (ESPP)     1 3,073          
RETAINED EARNINGS                  
Net income attributable to controlling interests 540,348       540,348        
Common Share distributions         (596,735)        
Preferred Share distributions         (2,318)        
Accumulated other comprehensive income (loss) – derivative instruments:                  
Unrealized holding gains (losses) arising during the period 24,021         24,021      
Losses reclassified into earnings from other comprehensive income (13,902)         13,902      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 1.62    
NONCONTROLLING INTERESTS                  
Issuance of restricted units to Noncontrolling Interests               1  
Conversion of OP Units into Common Shares       356          
Equity compensation associated with Noncontrolling Interests               11,074  
Net income 562,804                
Distributions to Noncontrolling Interests               (21,560) (8,930)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership (77)             77  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       2,619       (2,619)  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (356)  
Net income attributable to Noncontrolling Interests 20,517             20,517 1,939
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 20,517             20,517 1,939
Contributions by Noncontrolling Interests                 125
Distributions to Noncontrolling Interests               (21,560) (8,930)
Balance, end of period at Sep. 30, 2018   37,280 3,684 8,900,324 1,344,825 (50,689)      
Balance, end of period at Sep. 30, 2018               233,825 (2,158)
Balance, beginning of year at Jun. 30, 2018   37,280 3,683 8,905,184 1,329,600 (67,310)      
Balance, beginning of year at Jun. 30, 2018               232,995 (1,646)
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares       25          
Exercise of share options     1 3,382          
Employee Share Purchase Plan (ESPP)       893          
Share-based employee compensation expense:                  
Restricted shares       1,641          
Share options       670          
ESPP discount       204          
Supplemental Executive Retirement Plan (SERP)       5          
Change in market value of Redeemable Noncontrolling Interests – Operating Partnership       (14,189)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       2,509       (2,509)  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares       25          
Exercise of share options     1 3,382          
Employee Share Purchase Plan (ESPP)       893          
RETAINED EARNINGS                  
Net income attributable to controlling interests 214,937       214,937        
Common Share distributions         (198,939)        
Preferred Share distributions         (773)        
Accumulated other comprehensive income (loss) – derivative instruments:                  
Unrealized holding gains (losses) arising during the period 12,026         12,026      
Losses reclassified into earnings from other comprehensive income (4,595)         4,595      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             0.54    
NONCONTROLLING INTERESTS                  
Conversion of OP Units into Common Shares       25          
Equity compensation associated with Noncontrolling Interests               2,958  
Net income 223,846                
Distributions to Noncontrolling Interests               (7,186) (1,262)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership               (567)  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       2,509       (2,509)  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (25)  
Net income attributable to Noncontrolling Interests 8,159             8,159 750
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 8,159             8,159 750
Distributions to Noncontrolling Interests               (7,186) (1,262)
Balance, end of period at Sep. 30, 2018   37,280 3,684 8,900,324 1,344,825 (50,689)      
Balance, end of period at Sep. 30, 2018               233,825 (2,158)
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     3 9,840          
Exercise of share options     14 67,052          
Employee Share Purchase Plan (ESPP)       2,323          
Share-based employee compensation expense:                  
Restricted shares     2 10,302          
Share options       2,185          
ESPP discount       502          
Offering costs       (789)          
Supplemental Executive Retirement Plan (SERP)       (1,539)          
Change in market value of Redeemable Noncontrolling Interests – Operating Partnership 114,936     (114,936)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       6,919       (6,919)  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares     3 9,840          
Exercise of share options     14 67,052          
Employee Share Purchase Plan (ESPP)       2,323          
RETAINED EARNINGS                  
Net income attributable to controlling interests 680,613       680,613        
Common Share distributions         (631,635)        
Preferred Share distributions         (2,318)        
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 (14,659)         14,659      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             1.7025    
NONCONTROLLING INTERESTS                  
Conversion of OP Units into Common Shares     3 9,840          
Equity compensation associated with Noncontrolling Interests               12,200  
Net income 708,402                
Distributions to Noncontrolling Interests               (22,493) (6,453)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership 957             (957)  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       6,919       (6,919)  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (9,843)  
Net income attributable to Noncontrolling Interests 25,339             25,339 2,450
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 25,339             25,339 2,450
Contributions by Noncontrolling Interests                 4,594
Distributions to Noncontrolling Interests               (22,493) (6,453)
Balance, end of period at Sep. 30, 2019 10,182,636 37,280 3,713 8,917,312 1,308,423 (84,092)      
Balance, end of period at Sep. 30, 2019 224,363             226,065 (1,702)
Balance, beginning of year at Jun. 30, 2019   37,280 3,708 8,949,581 1,252,809 (89,849)      
Balance, beginning of year at Jun. 30, 2019               227,320 (1,298)
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares     1 4,971          
Exercise of share options     4 18,575          
Employee Share Purchase Plan (ESPP)       671          
Share-based employee compensation expense:                  
Restricted shares       2,322          
Share options       503          
ESPP discount       137          
Offering costs       (634)          
Change in market value of Redeemable Noncontrolling Interests – Operating Partnership       (57,962)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (852)       852  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares     1 4,971          
Exercise of share options     4 18,575          
Employee Share Purchase Plan (ESPP)       671          
RETAINED EARNINGS                  
Net income attributable to controlling interests 267,106       267,106        
Common Share distributions         (210,719)        
Preferred Share distributions         (773)        
Accumulated other comprehensive income (loss) – derivative instruments:                  
Losses reclassified into earnings from other comprehensive income (5,757)         5,757      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 0.5675    
NONCONTROLLING INTERESTS                  
Conversion of OP Units into Common Shares     1 4,971          
Equity compensation associated with Noncontrolling Interests               1,371  
Net income 277,846                
Distributions to Noncontrolling Interests               (7,414) (1,234)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership               (1,002)  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (852)       852  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (4,972)  
Net income attributable to Noncontrolling Interests 9,910             9,910 830
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 9,910             9,910 830
Distributions to Noncontrolling Interests               (7,414) (1,234)
Balance, end of period at Sep. 30, 2019 10,182,636 $ 37,280 $ 3,713 $ 8,917,312 $ 1,308,423 $ (84,092)      
Balance, end of period at Sep. 30, 2019 $ 224,363             $ 226,065 $ (1,702)