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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - 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
Conversion of OP Units into Common Shares     1 4,097          
Exercise of share options     11 30,644          
Employee Share Purchase Plan (ESPP) $ 3,879   1 3,878          
Issuance of restricted units/shares     1 8,257       1  
Share options       9,734          
ESPP discount       767          
Offering costs       (27)          
Supplemental Executive Retirement Plan (SERP)       (454)          
Change in market value of Redeemable Noncontrolling Interests –Operating Partnership 13,922     (13,922)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       5,893       (5,893)  
Net income attributable to controlling interests 657,535       657,535        
Common Share distributions         (796,212)        
Preferred Share distributions         (3,090)        
Unrealized holding gains (losses) arising during the year 5,174         5,174      
Losses reclassified into earnings from other comprehensive income (18,452)         18,452      
Distributions declared per Common Share outstanding             $ 2.16    
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (4,098)  
Equity compensation associated with Noncontrolling Interests               14,009  
Net income attributable to Noncontrolling Interests 24,939             24,939 2,718
Acquisitions of Noncontrolling Interests – Partially Owned Properties                 (13)
Contributions by Noncontrolling Interests                 125
Distributions to Noncontrolling Interests               (28,682) (9,831)
Change in carrying value of Redeemable Noncontrolling Interests –Operating Partnership (1,771)             1,771  
Balance, end of year at Dec. 31, 2018   37,280 3,694 8,935,453 1,261,763 (64,986)      
Balance, end of year at Dec. 31, 2018               228,738 (2,293)
Conversion of OP Units into Common Shares     3 10,407          
Exercise of share options     17 77,768          
Employee Share Purchase Plan (ESPP) 3,116   1 3,115          
Issuance of restricted units/shares     2 12,436       2  
Share options       2,675          
ESPP discount       642          
Offering costs       (991)          
Supplemental Executive Retirement Plan (SERP)       (1,675)          
Change in market value of Redeemable Noncontrolling Interests –Operating Partnership 82,283     (82,283)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       8,030       (8,030)  
Net income attributable to controlling interests 970,377       970,377        
Common Share distributions         (842,555)        
Preferred Share distributions         (3,090)        
Unrealized holding gains (losses) arising during the year (33,765)         (33,765)      
Losses reclassified into earnings from other comprehensive income (21,188)         21,188      
Distributions declared per Common Share outstanding             2.27    
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (10,410)  
Equity compensation associated with Noncontrolling Interests               13,410  
Net income attributable to Noncontrolling Interests 36,034             36,034 3,297
Contributions by Noncontrolling Interests                 7,337
Distributions to Noncontrolling Interests               (29,896) (7,158)
Change in carrying value of Redeemable Noncontrolling Interests –Operating Partnership 2,011             (2,011)  
Balance, end of year at Dec. 31, 2019 10,315,506 37,280 3,717 8,965,577 1,386,495 (77,563)      
Balance, end of year at Dec. 31, 2019 229,020             227,837 1,183
Conversion of OP Units into Common Shares     1 4,695          
Exercise of share options     2 12,273          
Employee Share Purchase Plan (ESPP) 4,508   1 4,507          
Issuance of restricted units/shares     2 11,223       13  
Share options       2,349          
ESPP discount       944          
Supplemental Executive Retirement Plan (SERP)       (395)          
Change in market value of Redeemable Noncontrolling Interests –Operating Partnership (125,224)     125,224          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       2,202       (2,202)  
Net income attributable to controlling interests 913,636       913,636        
Common Share distributions         (897,326)        
Preferred Share distributions         (3,090)        
Unrealized holding gains (losses) arising during the year (1,190)         (1,190)      
Losses reclassified into earnings from other comprehensive income (35,087)         35,087      
Distributions declared per Common Share outstanding             $ 2.41    
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (4,696)  
Equity compensation associated with Noncontrolling Interests               11,926  
Net income attributable to Noncontrolling Interests 34,010             34,010 14,855
Contributions by Noncontrolling Interests                 417
Distributions to Noncontrolling Interests               (32,951) (11,782)
Change in carrying value of Redeemable Noncontrolling Interests –Operating Partnership 775             (775)  
Balance, end of year at Dec. 31, 2020 10,525,651 $ 37,280 $ 3,723 $ 9,128,599 $ 1,399,715 $ (43,666)      
Balance, end of year at Dec. 31, 2020 $ 237,835             $ 233,162 $ 4,673