XML 34 R7.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements Of Equity - USD ($)
$ in Thousands
Total
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-In Capital [Member]
Dividends In Excess Of Earnings [Member]
Treasury Stock, at cost [Member]
Accumulated Other Comprehensive Loss [Member]
Noncontrolling Interests [Member]
Noncontrolling interest - property partnerships [Member]
Equity, shares at Dec. 31, 2020   155,719,000              
Equity, value at Dec. 31, 2020 $ 8,339,612 $ 1,557 $ 200,000 $ 6,356,791 $ (509,653) $ (2,722) $ (49,890) $ 616,596 $ 1,726,933
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Redemption of operating partnership units to common stock, shares   524,000              
Redemption of operating partnership units to common stock, value 0 $ 5   18,381       (18,386)  
Allocated net income for the period 631,932       505,195     55,931 70,806
Dividends declared (683,843)       (615,021)     (68,822)  
Shares issued pursuant to stock purchase plan, shares   9,000              
Shares issued pursuant to stock purchase plan, value 1,004     1,004          
Net activity from stock option and incentive plan, shares   293,000              
Net activity from stock option and incentive plan, value 71,383 $ 3   25,607       45,773  
Issuance of operating partnership units for 360 Park Avenue South 99,689             99,689  
Preferred Stock, Redeemed (193,623)   (200,000) 6,377          
Preferred Stock Redemption Charge (6,412)       (6,412)        
Proceeds from sale of interest in property partnerships and contributions from noncontrolling interests in property partnerships 18,002               18,002
Non-cash contributions from noncontrolling interest in property partnerhips 0                
Distributions to noncontrolling interests in property partnerships (259,764)               (259,764)
Effective portion of interest rate contracts 8,544           7,703 841  
Amortization of interest rate contracts 6,704           5,525 603 576
Reallocation of noncontrolling interest 0     89,570       (89,570)  
Equity, shares at Dec. 31, 2021   156,545,000              
Equity, value at Dec. 31, 2021 8,033,228 $ 1,565 0 6,497,730 (625,891) (2,722) (36,662) 642,655 1,556,553
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Redemption of operating partnership units to common stock, shares   182,000              
Redemption of operating partnership units to common stock, value 0 $ 3   6,536       (6,539)  
Allocated net income for the period 1,020,584       848,947     96,780 74,857
Dividends declared (686,126)       (614,412)     (71,714)  
Shares issued pursuant to stock purchase plan, shares   10,000              
Shares issued pursuant to stock purchase plan, value 1,036     1,036          
Net activity from stock option and incentive plan, shares   21,000              
Net activity from stock option and incentive plan, value 53,663     7,261       46,402  
Issuance of operating partnership units for 360 Park Avenue South 0                
Preferred Stock Redemption Charge 0                
Proceeds from sale of interest in property partnerships and contributions from noncontrolling interests in property partnerships 849               849
Non-cash contributions from noncontrolling interest in property partnerhips 0                
Distributions to noncontrolling interests in property partnerships (85,518)               (85,518)
Effective portion of interest rate contracts 19,396           17,435 1,961  
Amortization of interest rate contracts 6,707           5,509 622 576
Reallocation of noncontrolling interest $ 0     26,584       (26,584)  
Equity, shares at Dec. 31, 2022 156,757,867 156,758,000              
Equity, value at Dec. 31, 2022 $ 8,363,819 $ 1,568 0 6,539,147 (391,356) (2,722) (13,718) 683,583 1,547,317
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Redemption of operating partnership units to common stock, shares   102,000              
Redemption of operating partnership units to common stock, value 0 $ 1   3,793       (3,794)  
Allocated net income for the period 291,424       190,215     22,548 78,661
Dividends declared (688,342)       (615,011)     (73,331)  
Shares issued pursuant to stock purchase plan, shares   19,000              
Shares issued pursuant to stock purchase plan, value 1,156     1,156          
Net activity from stock option and incentive plan, shares   62,000              
Net activity from stock option and incentive plan, value 49,060     3,165       45,895  
Issuance of operating partnership units for 360 Park Avenue South 0                
Preferred Stock Redemption Charge 0                
Proceeds from sale of interest in property partnerships and contributions from noncontrolling interests in property partnerships 244,541     160,416         84,125
Non-cash contributions from noncontrolling interest in property partnerhips 17,519                
Distributions to noncontrolling interests in property partnerships (69,975)               (69,975)
Effective portion of interest rate contracts (14,405)           (12,927) (1,478)  
Amortization of interest rate contracts 6,703           5,498 629 576
Reallocation of noncontrolling interest $ 0     7,472       (7,472)  
Equity, shares at Dec. 31, 2023 156,940,866 156,941,000              
Equity, value at Dec. 31, 2023 $ 8,183,981 $ 1,569 $ 0 $ 6,715,149 $ (816,152) $ (2,722) $ (21,147) $ 666,580 $ 1,640,704