XML 20 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Distributions in Excess of Earnings
Distributions in Excess of Earnings
Cumulative Effect, Period of Adoption, Adjustment
Total AIR's Predecessor
Total AIR's Predecessor
Cumulative Effect, Period of Adoption, Adjustment
Noncontrolling Interest in Consolidated Real Estate Partnerships
Common Noncontrolling Interests In AIR Operating Partnerships
Balances at Dec. 31, 2019 $ 1,860,795 $ (277) $ 0 $ 1,202 $ 3,497,654 $ 4,195 $ (1,722,402) $ (277) $ 1,780,649 $ (277) $ (3,296) $ 83,442
Balances (in shares) at Dec. 31, 2019     0 120,242                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Repurchases of Common Stock (10,004)     $ 2 10,002       10,004      
Repurchases of Common Stock (in shares)       189                
Redemption of AIR Operating Partnership units (1,740)     $ 1 5,135       5,136     (6,876)
Redemption of AIR Operating Partnership units (in shares)       128                
Amortization of share-based compensation cost 7,065       3,911       3,911     3,154
Amortization of share-based compensation cost (in shares)       20                
Effect of changes in ownership for consolidated entities 447,688       504,361       504,361   (61,320) 4,647
Contribution from noncontrolling interest in consolidated real estate partnerships 4,701                   4,701  
Change in accumulated other comprehensive income (loss) (658)         (616)     (616)     (42)
Net income (loss) 22,298           20,970   20,970   194 1,134
Common Stock dividends (182,893)           (182,893)   (182,893)      
Distributions to noncontrolling interests (10,019)                   (178) (9,841)
Other, net (159)       154       154   (313)  
Other, net (in shares)       25                
Balances at Sep. 30, 2020 2,136,797   $ 0 $ 1,201 4,001,213 3,579 (1,884,602)   2,121,391   (60,212) 75,618
Balances (in shares) at Sep. 30, 2020     0 120,226                
Balances at Jun. 30, 2020 1,774,236   $ 0 $ 1,201 3,491,565 3,807 (1,798,561)   1,698,012   (3,190) 79,414
Balances (in shares) at Jun. 30, 2020       120,225                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Redemption of AIR Operating Partnership units (484)                     (484)
Amortization of share-based compensation cost 1,954       902       902     1,052
Effect of changes in ownership for consolidated entities (447,695)       (508,716)       (508,716)   61,356 (335)
Contribution from noncontrolling interest in consolidated real estate partnerships 4,701                   4,701  
Change in accumulated other comprehensive income (loss) (243)         (228)     (228)     (15)
Net income (loss) (26,379)           (25,007)   (25,007)   (31) (1,341)
Common Stock dividends (61,034)           (61,034)   (61,034)      
Distributions to noncontrolling interests (3,413)                   (70) (3,343)
Other, net (236)       30       30   (266)  
Other, net (in shares)       1                
Balances at Sep. 30, 2020 2,136,797   $ 0 $ 1,201 4,001,213 3,579 (1,884,602)   2,121,391   (60,212) 75,618
Balances (in shares) at Sep. 30, 2020     0 120,226                
Balances at Dec. 31, 2020 1,308,093   $ 2,000 $ 1,489 3,432,121 3,039 (2,131,798)   1,306,851   (61,943) 63,185
Balances (in shares) at Dec. 31, 2020     20 148,861                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance of Common Stock 342,132     $ 79 342,053       342,132      
Issuance of Common Stock (in shares)       7,825                
Redemption of AIR Operating Partnership units 3,977     $ 1 8,239       8,240     (12,217)
Redemption of AIR Operating Partnership units (in shares)       169                
Amortization of share-based compensation cost 5,928       2,953       2,953     2,975
Amortization of share-based compensation cost (in shares)       33                
Effect of changes in ownership for consolidated entities 230       (9,846)       (9,846)     10,076
Contribution from noncontrolling interest in consolidated real estate partnerships 6,126                   6,126  
Change in accumulated other comprehensive income (loss) (3,251)         (3,039)     (3,039)     (212)
Net income (loss) 75,289           74,740   74,740   (3,417) 3,966
Common Stock dividends (200,327)           (200,327)   (200,327)      
Preferred Stock dividends (136)           (136)   (136)      
Distributions to noncontrolling interests (19,428)                   (8,744) (10,684)
Other, net (1,744)     $ 1 (1,584)   (41)   (1,624)   (120)  
Other, net (in shares)       96                
Balances at Sep. 30, 2021 1,508,935   $ 2,000 $ 1,570 3,773,936 0 (2,257,562)   1,519,944   (68,098) 57,089
Balances (in shares) at Sep. 30, 2021     20 156,984                
Balances at Jun. 30, 2021 1,571,756   $ 2,000 $ 1,569 3,773,173 0 (2,197,843)   1,578,899   (67,531) 60,388
Balances (in shares) at Jun. 30, 2021     20 156,857                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance of Common Stock (31)       (31)       (31)      
Redemption of AIR Operating Partnership units (425)     $ 1 6,282       6,283     (6,708)
Redemption of AIR Operating Partnership units (in shares)       126                
Amortization of share-based compensation cost 1,401       409       409     992
Effect of changes in ownership for consolidated entities 230       (5,423)       (5,423)     5,653
Contribution from noncontrolling interest in consolidated real estate partnerships 4,128                   4,128  
Net income (loss) 9,068           9,378   9,378   (785) 475
Common Stock dividends (69,051)           (69,051)   (69,051)      
Preferred Stock dividends (43)           (43)   (43)      
Distributions to noncontrolling interests (7,391)                   (3,910) (3,481)
Other, net (707)       (474)   (3)   (477)     (230)
Other, net (in shares)       1                
Balances at Sep. 30, 2021 $ 1,508,935   $ 2,000 $ 1,570 $ 3,773,936 $ 0 $ (2,257,562)   $ 1,519,944   $ (68,098) $ 57,089
Balances (in shares) at Sep. 30, 2021     20 156,984