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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, 2020   $ 37,280 $ 3,723 $ 9,128,599 $ 1,399,715 $ (43,666)      
Balance, beginning of year at Dec. 31, 2020               $ 233,162 $ 4,673
COMMON SHARES, $0.01 PAR VALUE                  
Exercise of share options     5 22,877          
Employee Share Purchase Plan (ESPP)       1,731          
Share-based employee compensation expense:                  
Issuance of restricted units/shares     1 2,273          
Share options       988          
ESPP discount       444          
Supplemental Executive Retirement Plan (SERP)       (1,229)          
Change in market value of Redeemable Noncontrolling Interests – Operating Partnership $ 72,956     (72,956)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       619       (619)  
PAID IN CAPITAL                  
Exercise of share options     5 22,877          
Employee Share Purchase Plan (ESPP)       1,731          
RETAINED EARNINGS                  
Net income attributable to controlling interests 57,539       57,539        
Common Share distributions         (224,673)        
Preferred Share distributions         (773)        
Accumulated other comprehensive income (loss) - derivative instruments:                  
Losses reclassified into earnings from other comprehensive income (2,303)         2,303      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 0.6025    
NONCONTROLLING INTERESTS                  
Issuance of restricted units/shares     1 2,273          
Equity compensation associated with Noncontrolling Interests               6,488  
Net income attributable to Noncontrolling Interests 2,143             2,143 682
Distributions to Noncontrolling Interests               (8,589) (2,883)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership (2,384)             2,384  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       619       (619)  
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 2,143             2,143 682
Distributions to Noncontrolling Interests               (8,589) (2,883)
Balance, end of period at Mar. 31, 2021   37,280 3,729 9,083,346 1,231,808 (41,363)      
Balance, end of period at Mar. 31, 2021               234,969 2,472
Balance, beginning of year at Dec. 31, 2021 10,954,948 37,280 3,755 9,121,122 1,827,063 (34,272)      
Balance, beginning of year at Dec. 31, 2021 232,260             214,094 18,166
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares       174          
Exercise of share options     3 14,341          
Employee Share Purchase Plan (ESPP)       969          
Share-based employee compensation expense:                  
Issuance of restricted units/shares     2 3,609       1  
Share options       876          
ESPP discount       171          
Offering costs       (114)          
Supplemental Executive Retirement Plan (SERP)       (163)          
Change in market value of Redeemable Noncontrolling Interests – Operating Partnership (939)     939          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       1,045       (1,045)  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares       174          
Exercise of share options     3 14,341          
Employee Share Purchase Plan (ESPP)       969          
RETAINED EARNINGS                  
Net income attributable to controlling interests 70,765       70,765        
Common Share distributions         (235,351)        
Preferred Share distributions         (772)        
Accumulated other comprehensive income (loss) - derivative instruments:                  
Losses reclassified into earnings from other comprehensive income (2,425)         2,425      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 0.625    
NONCONTROLLING INTERESTS                  
Issuance of restricted units/shares     2 3,609       1  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (174)  
Equity compensation associated with Noncontrolling Interests               7,798  
Net income attributable to Noncontrolling Interests 2,394             2,394 639
Distributions to Noncontrolling Interests               (7,895) (15,836)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership (2,278)             2,278  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       1,045       (1,045)  
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 2,394             2,394 639
Contributions by Noncontrolling Interests                 446
Distributions to Noncontrolling Interests               (7,895) (15,836)
Balance, end of period at Mar. 31, 2022 10,813,867 $ 37,280 $ 3,760 $ 9,142,969 $ 1,661,705 $ (31,847)      
Balance, end of period at Mar. 31, 2022 $ 220,866             $ 217,451 $ 3,415