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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 3,912          
Exercise of share options     2 11,424          
Employee Share Purchase Plan (ESPP)       3,556          
Share-based employee compensation expense:                  
Issuance of restricted units/shares     2 9,236       12  
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/shares     2 9,236       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   37,280 3,722 9,166,018 1,371,938 (61,478)      
Balance, end of period at Sep. 30, 2020               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:                  
Issuance of restricted units/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                  
Issuance of restricted units/shares       1,984          
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   37,280 3,722 9,166,018 1,371,938 (61,478)      
Balance, end of period at Sep. 30, 2020               232,516 4,370
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 68,246          
Exercise of share options     14 68,793          
Employee Share Purchase Plan (ESPP)     1 3,454          
Share-based employee compensation expense:                  
Issuance of restricted units/shares     1 6,571          
Share options       2,541          
ESPP discount       798          
Offering costs       (267)          
Supplemental Executive Retirement Plan (SERP)       (1,335)          
Change in market value of Redeemable Noncontrolling Interests –Operating Partnership 119,237     (119,237)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (27,085)       27,085  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares     11 68,246          
Exercise of share options     14 68,793          
Employee Share Purchase Plan (ESPP)     1 3,454          
RETAINED EARNINGS                  
Net income attributable to controlling interests 805,876       805,876        
Common Share distributions         (676,158)        
Preferred Share distributions         (2,318)        
Accumulated other comprehensive income (loss) - derivative instruments:                  
Losses reclassified into earnings from other comprehensive income (7,000)         7,000      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             1.8075    
NONCONTROLLING INTERESTS                  
Issuance of restricted units/shares     1 6,571          
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (68,257)  
Equity compensation associated with Noncontrolling Interests               14,173  
Net income attributable to Noncontrolling Interests 27,903             27,903 1,957
Distributions to Noncontrolling Interests               (23,366) (4,492)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership 1,745             (1,745)  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (27,085)       27,085  
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 27,903             27,903 1,957
Distributions to Noncontrolling Interests               (23,366) (4,492)
Balance, end of period at Sep. 30, 2021 10,662,557 37,280 3,750 9,131,078 1,527,115 (36,666)      
Balance, end of period at Sep. 30, 2021 211,093             208,955 2,138
Balance, beginning of year at Jun. 30, 2021   37,280 3,744 9,110,121 1,321,875 (39,029)      
Balance, beginning of year at Jun. 30, 2021               205,691 2,365
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares       1,597          
Exercise of share options     6 29,178          
Employee Share Purchase Plan (ESPP)       788          
Share-based employee compensation expense:                  
Issuance of restricted units/shares       1,758          
Share options       565          
ESPP discount       165          
Offering costs       (267)          
Supplemental Executive Retirement Plan (SERP)       722          
Change in market value of Redeemable Noncontrolling Interests –Operating Partnership       (17,271)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       3,722       (3,722)  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares       1,597          
Exercise of share options     6 29,178          
Employee Share Purchase Plan (ESPP)       788          
RETAINED EARNINGS                  
Net income attributable to controlling interests 431,951       431,951        
Common Share distributions         (225,938)        
Preferred Share distributions         (773)        
Accumulated other comprehensive income (loss) - derivative instruments:                  
Losses reclassified into earnings from other comprehensive income (2,363)         2,363      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 0.6025    
NONCONTROLLING INTERESTS                  
Issuance of restricted units/shares       1,758          
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (1,597)  
Equity compensation associated with Noncontrolling Interests               3,642  
Net income attributable to Noncontrolling Interests 14,847             14,847 534
Distributions to Noncontrolling Interests               (7,367) (761)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership               (2,539)  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       3,722       (3,722)  
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 14,847             14,847 534
Distributions to Noncontrolling Interests               (7,367) (761)
Balance, end of period at Sep. 30, 2021 10,662,557 $ 37,280 $ 3,750 $ 9,131,078 $ 1,527,115 $ (36,666)      
Balance, end of period at Sep. 30, 2021 $ 211,093             $ 208,955 $ 2,138