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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, 2018   $ 37,280 $ 3,694 $ 8,935,453 $ 1,261,763 $ (64,986)      
Balance, beginning of year at Dec. 31, 2018               $ 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 held by Noncontrolling Interests into OP Units held by General Partner               (9,843)  
Equity compensation associated with Noncontrolling Interests               12,200  
Net income attributable to Noncontrolling Interests 25,339             25,339 2,450
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)  
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   37,280 3,713 8,917,312 1,308,423 (84,092)      
Balance, end of period at Sep. 30, 2019               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 held by Noncontrolling Interests into OP Units held by General Partner               (4,972)  
Equity compensation associated with Noncontrolling Interests               1,371  
Net income attributable to Noncontrolling Interests 9,910             9,910 830
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  
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   37,280 3,713 8,917,312 1,308,423 (84,092)      
Balance, end of period at Sep. 30, 2019               226,065 (1,702)
Balance, beginning of year at Dec. 31, 2019 10,315,506 37,280 3,717 8,965,577 1,386,495 (77,563)      
Balance, beginning of year at Dec. 31, 2019 229,020             227,837 1,183
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares     1 3,912          
Exercise of share options     2 11,424          
Employee Share Purchase Plan (ESPP)       3,556          
Share-based employee compensation expense:                  
Restricted shares     2 9,236          
Share options       1,819          
ESPP discount       626          
Supplemental Executive Retirement Plan (SERP)       (395)          
Change in market value of Redeemable Noncontrolling Interests –Operating Partnership (169,825)     169,825          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       438       (438)  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares     1 3,912          
Exercise of share options     2 11,424          
Employee Share Purchase Plan (ESPP)       3,556          
RETAINED EARNINGS                  
Net income attributable to controlling interests 660,780       660,780        
Common Share distributions         (673,019)        
Preferred Share distributions         (2,318)        
Accumulated other comprehensive income (loss) - derivative instruments:                  
Unrealized holding gains (losses) arising during the period (1,190)         (1,190)      
Losses reclassified into earnings from other comprehensive income (17,275)         17,275      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             1.8075    
NONCONTROLLING INTERESTS                  
Issuance of restricted units to Noncontrolling Interests               12  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (3,913)  
Equity compensation associated with Noncontrolling Interests               9,525  
Net income attributable to Noncontrolling Interests 24,624             24,624 14,113
Distributions to Noncontrolling Interests               (25,000) (11,343)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership 131             (131)  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       438       (438)  
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 24,624             24,624 14,113
Contributions by Noncontrolling Interests                 417
Distributions to Noncontrolling Interests               (25,000) (11,343)
Balance, end of period at Sep. 30, 2020 10,517,480 37,280 3,722 9,166,018 1,371,938 (61,478)      
Balance, end of period at Sep. 30, 2020 236,886             232,516 4,370
Balance, beginning of year at Jun. 30, 2020   37,280 3,722 9,118,332 1,505,694 (67,355)      
Balance, beginning of year at Jun. 30, 2020               235,169 4,634
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares       57          
Exercise of share options       104          
Employee Share Purchase Plan (ESPP)       1,197          
Share-based employee compensation expense:                  
Restricted shares       1,984          
Share options       526          
ESPP discount       210          
Supplemental Executive Retirement Plan (SERP)       111          
Change in market value of Redeemable Noncontrolling Interests –Operating Partnership       41,072          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       2,425       (2,425)  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares       57          
Exercise of share options       104          
Employee Share Purchase Plan (ESPP)       1,197          
RETAINED EARNINGS                  
Net income attributable to controlling interests 91,286       91,286        
Common Share distributions         (224,269)        
Preferred Share distributions         (773)        
Accumulated other comprehensive income (loss) - derivative instruments:                  
Losses reclassified into earnings from other comprehensive income (5,877)         5,877      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 0.6025    
NONCONTROLLING INTERESTS                  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (57)  
Equity compensation associated with Noncontrolling Interests               2,499  
Net income attributable to Noncontrolling Interests 3,376             3,376 703
Distributions to Noncontrolling Interests               (7,963) (1,043)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership               1,917  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       2,425       (2,425)  
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 3,376             3,376 703
Contributions by Noncontrolling Interests                 76
Distributions to Noncontrolling Interests               (7,963) (1,043)
Balance, end of period at Sep. 30, 2020 10,517,480 $ 37,280 $ 3,722 $ 9,166,018 $ 1,371,938 $ (61,478)      
Balance, end of period at Sep. 30, 2020 $ 236,886             $ 232,516 $ 4,370