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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, 2019   $ 37,280 $ 3,717 $ 8,965,577 $ 1,386,495 $ (77,563)      
Balance, beginning of year at Dec. 31, 2019               $ 227,837 $ 1,183
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares     1 3,855          
Exercise of share options     2 11,320          
Employee Share Purchase Plan (ESPP)       2,359          
Share-based employee compensation expense:                  
Issuance of restricted units/shares     2 7,252       12  
Share options       1,293          
ESPP discount       416          
Supplemental Executive Retirement Plan (SERP)       (506)          
Change in market value of Redeemable Noncontrolling Interests –Operating Partnership $ (128,753)     128,753          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (1,987)       1,987  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares     1 3,855          
Exercise of share options     2 11,320          
Employee Share Purchase Plan (ESPP)       2,359          
RETAINED EARNINGS                  
Net income attributable to controlling interests 569,494       569,494        
Common Share distributions         (448,750)        
Preferred Share distributions         (1,545)        
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 (11,398)         11,398      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 1.205    
NONCONTROLLING INTERESTS                  
Issuance of restricted units/shares     2 7,252       12  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (3,856)  
Equity compensation associated with Noncontrolling Interests               7,026  
Net income attributable to Noncontrolling Interests 21,248             21,248 13,410
Distributions to Noncontrolling Interests               (17,037) (10,300)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership 2,048             (2,048)  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (1,987)       1,987  
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 21,248             21,248 13,410
Contributions by Noncontrolling Interests                 341
Distributions to Noncontrolling Interests               (17,037) (10,300)
Balance, end of period at Jun. 30, 2020   37,280 3,722 9,118,332 1,505,694 (67,355)      
Balance, end of period at Jun. 30, 2020               235,169 4,634
Balance, beginning of year at Mar. 31, 2020   37,280 3,721 9,092,441 1,469,821 (72,896)      
Balance, beginning of year at Mar. 31, 2020               235,580 4,739
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares     1 2,011          
Exercise of share options       171          
Employee Share Purchase Plan (ESPP)       1,490          
Share-based employee compensation expense:                  
Issuance of restricted units/shares       3,231          
Share options       623          
ESPP discount       263          
Supplemental Executive Retirement Plan (SERP)       (655)          
Change in market value of Redeemable Noncontrolling Interests –Operating Partnership       17,304          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       1,453       (1,453)  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares     1 2,011          
Exercise of share options       171          
Employee Share Purchase Plan (ESPP)       1,490          
RETAINED EARNINGS                  
Net income attributable to controlling interests 260,888       260,888        
Common Share distributions         (224,243)        
Preferred Share distributions         (772)        
Accumulated other comprehensive income (loss) - derivative instruments:                  
Unrealized holding gains (losses) arising during the period (223)         (223)      
Losses reclassified into earnings from other comprehensive income (5,764)         5,764      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             0.6025    
NONCONTROLLING INTERESTS                  
Issuance of restricted units/shares       3,231          
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (2,012)  
Equity compensation associated with Noncontrolling Interests               1,959  
Net income attributable to Noncontrolling Interests 9,713             9,713 880
Distributions to Noncontrolling Interests               (7,961) (985)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership               (657)  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       1,453       (1,453)  
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 9,713             9,713 880
Distributions to Noncontrolling Interests               (7,961) (985)
Balance, end of period at Jun. 30, 2020   37,280 3,722 9,118,332 1,505,694 (67,355)      
Balance, end of period at Jun. 30, 2020               235,169 4,634
Balance, beginning of year at Dec. 31, 2020 10,525,651 37,280 3,723 9,128,599 1,399,715 (43,666)      
Balance, beginning of year at Dec. 31, 2020 237,835             233,162 4,673
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares     11 66,649          
Exercise of share options     8 39,615          
Employee Share Purchase Plan (ESPP)     1 2,666          
Share-based employee compensation expense:                  
Issuance of restricted units/shares     1 4,813          
Share options       1,976          
ESPP discount       633          
Supplemental Executive Retirement Plan (SERP)       (2,057)          
Change in market value of Redeemable Noncontrolling Interests –Operating Partnership 101,966     (101,966)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (30,807)       30,807  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares     11 66,649          
Exercise of share options     8 39,615          
Employee Share Purchase Plan (ESPP)     1 2,666          
RETAINED EARNINGS                  
Net income attributable to controlling interests 373,925       373,925        
Common Share distributions         (450,220)        
Preferred Share distributions         (1,545)        
Accumulated other comprehensive income (loss) - derivative instruments:                  
Losses reclassified into earnings from other comprehensive income (4,637)         4,637      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             1.205    
NONCONTROLLING INTERESTS                  
Issuance of restricted units/shares     1 4,813          
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (66,660)  
Equity compensation associated with Noncontrolling Interests               10,531  
Net income attributable to Noncontrolling Interests 13,056             13,056 1,423
Distributions to Noncontrolling Interests               (15,999) (3,731)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership (794)             794  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (30,807)       30,807  
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 13,056             13,056 1,423
Distributions to Noncontrolling Interests               (15,999) (3,731)
Balance, end of period at Jun. 30, 2021 10,433,991 37,280 3,744 9,110,121 1,321,875 (39,029)      
Balance, end of period at Jun. 30, 2021 208,056             205,691 2,365
Balance, beginning of year at Mar. 31, 2021   37,280 3,729 9,083,346 1,231,808 (41,363)      
Balance, beginning of year at Mar. 31, 2021               234,969 2,472
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares     11 66,649          
Exercise of share options     3 16,738          
Employee Share Purchase Plan (ESPP)     1 935          
Share-based employee compensation expense:                  
Issuance of restricted units/shares       2,540          
Share options       988          
ESPP discount       189          
Supplemental Executive Retirement Plan (SERP)       (828)          
Change in market value of Redeemable Noncontrolling Interests –Operating Partnership       (29,010)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (31,426)       31,426  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares     11 66,649          
Exercise of share options     3 16,738          
Employee Share Purchase Plan (ESPP)     1 935          
RETAINED EARNINGS                  
Net income attributable to controlling interests 316,386       316,386        
Common Share distributions         (225,547)        
Preferred Share distributions         (772)        
Accumulated other comprehensive income (loss) - derivative instruments:                  
Losses reclassified into earnings from other comprehensive income (2,334)         2,334      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 0.6025    
NONCONTROLLING INTERESTS                  
Issuance of restricted units/shares       2,540          
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (66,660)  
Equity compensation associated with Noncontrolling Interests               4,043  
Net income attributable to Noncontrolling Interests 10,913             10,913 741
Distributions to Noncontrolling Interests               (7,410) (848)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership               (1,590)  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (31,426)       31,426  
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 10,913             10,913 741
Distributions to Noncontrolling Interests               (7,410) (848)
Balance, end of period at Jun. 30, 2021 10,433,991 $ 37,280 $ 3,744 $ 9,110,121 $ 1,321,875 $ (39,029)      
Balance, end of period at Jun. 30, 2021 $ 208,056             $ 205,691 $ 2,365