XML 44 R5.htm IDEA: XBRL DOCUMENT v3.19.3
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
Series E Cumulative Redeemable Preferred Stock
Preferred Stock
Series E Cumulative Redeemable Preferred Stock
Cumulative dividends and distributions
Series E Cumulative Redeemable Preferred Stock
Series F Cumulative Redeemable Preferred Stock
Preferred Stock
Series F Cumulative Redeemable Preferred Stock
Cumulative dividends and distributions
Series F Cumulative Redeemable Preferred Stock
Common Stock
Additional Paid In Capital
Retained Earnings
Cumulative dividends and distributions
Noncontrolling Interest in Consolidated Joint Venture
Total
Beginning Balance at Dec. 31, 2017 $ 115,000,000     $ 75,000,000     $ 2,253,000 $ 2,679,221,000 $ 932,277,000 $ (1,270,013,000) $ 48,440,000 $ 2,582,178,000
Beginning Balance (in shares) at Dec. 31, 2017 4,600,000     3,000,000     225,321,660          
Increase (Decrease) in Stockholders' Equity                        
Amortization of deferred stock compensation               2,113,000       2,113,000
Issuance of restricted common stock, net             $ 3,000 (4,235,000)       (4,232,000)
Issuance of restricted common stock, net (in shares)             297,013          
Forfeiture of restricted common stock (in shares)             (3,961)          
Common stock distributions and distributions payable                   (11,281,000)   (11,281,000)
Preferred stock dividends and dividends payable   $ (1,998,000) $ (1,998,000)   $ (1,209,000) $ (1,209,000)            
Distributions to noncontrolling interest                     (1,169,000) (1,169,000)
Net income                 36,016,000   2,439,000 38,455,000
Ending Balance at Mar. 31, 2018 $ 115,000,000     $ 75,000,000     $ 2,256,000 2,677,099,000 968,293,000 (1,284,501,000) 49,710,000 2,602,857,000
Ending Balance (in shares) at Mar. 31, 2018 4,600,000     3,000,000     225,614,712          
Beginning Balance at Dec. 31, 2017 $ 115,000,000     $ 75,000,000     $ 2,253,000 2,679,221,000 932,277,000 (1,270,013,000) 48,440,000 2,582,178,000
Beginning Balance (in shares) at Dec. 31, 2017 4,600,000     3,000,000     225,321,660          
Increase (Decrease) in Stockholders' Equity                        
Net income                       181,303,000
Ending Balance at Sep. 30, 2018 $ 115,000,000     $ 75,000,000     $ 2,282,000 2,726,523,000 1,106,391,000 (1,313,741,000) 48,985,000 2,760,440,000
Ending Balance (in shares) at Sep. 30, 2018 4,600,000     3,000,000     228,247,062          
Beginning Balance at Mar. 31, 2018 $ 115,000,000     $ 75,000,000     $ 2,256,000 2,677,099,000 968,293,000 (1,284,501,000) 49,710,000 2,602,857,000
Beginning Balance (in shares) at Mar. 31, 2018 4,600,000     3,000,000     225,614,712          
Increase (Decrease) in Stockholders' Equity                        
Amortization of deferred stock compensation               2,966,000       2,966,000
Issuance of restricted common stock             $ 1,000 (1,000)        
Issuance of restricted common stock (in shares)             49,513          
Forfeiture of restricted common stock (in shares)             (824)          
Common stock distributions and distributions payable                   (11,413,000)   (11,413,000)
Preferred stock dividends and dividends payable   (1,998,000) (1,998,000)   (1,209,000) (1,209,000)            
Distributions to noncontrolling interest                     (1,475,000) (1,475,000)
Net proceeds from sale of common stock             $ 26,000 44,315,000       44,341,000
Number of shares of common stock sold (in shares)             2,590,854          
Net income                 48,888,000   2,374,000 51,262,000
Ending Balance at Jun. 30, 2018 $ 115,000,000     $ 75,000,000     $ 2,283,000 2,724,379,000 1,017,181,000 (1,299,121,000) 50,609,000 2,685,331,000
Ending Balance (in shares) at Jun. 30, 2018 4,600,000     3,000,000     228,254,255          
Increase (Decrease) in Stockholders' Equity                        
Amortization of deferred stock compensation               2,143,000       2,143,000
Forfeiture of restricted common stock (in shares)             (7,193)          
Forfeiture of restricted common stock             $ (1,000) 1,000        
Common stock distributions and distributions payable                   (11,412,000)   (11,412,000)
Preferred stock dividends and dividends payable   (1,998,000) (1,998,000)   (1,210,000) (1,210,000)            
Distributions to noncontrolling interest                     (4,000,000) (4,000,000)
Net income                 89,210,000   2,376,000 91,586,000
Ending Balance at Sep. 30, 2018 $ 115,000,000     $ 75,000,000     $ 2,282,000 2,726,523,000 1,106,391,000 (1,313,741,000) 48,985,000 2,760,440,000
Ending Balance (in shares) at Sep. 30, 2018 4,600,000     3,000,000     228,247,062          
Beginning Balance at Dec. 31, 2018 $ 115,000,000     $ 75,000,000     $ 2,282,000 2,728,684,000 1,182,722,000 (1,440,202,000) 47,685,000 2,711,171,000
Beginning Balance (in shares) at Dec. 31, 2018 4,600,000     3,000,000     228,246,247          
Increase (Decrease) in Stockholders' Equity                        
Amortization of deferred stock compensation               2,221,000       2,221,000
Issuance of restricted common stock, net             $ 4,000 (4,439,000)       (4,435,000)
Issuance of restricted common stock, net (in shares)             345,132          
Forfeiture of restricted common stock (in shares)             (3,932)          
Common stock distributions and distributions payable                   (11,429,000)   (11,429,000)
Preferred stock dividends and dividends payable   (1,998,000) (1,998,000)   (1,209,000) (1,209,000)            
Distributions to noncontrolling interest                     (1,950,000) (1,950,000)
Net income                 16,317,000   1,599,000 17,916,000
Ending Balance at Mar. 31, 2019 $ 115,000,000     $ 75,000,000     $ 2,286,000 2,726,466,000 1,199,039,000 (1,454,838,000) 47,334,000 2,710,287,000
Ending Balance (in shares) at Mar. 31, 2019 4,600,000     3,000,000     228,587,447          
Beginning Balance at Dec. 31, 2018 $ 115,000,000     $ 75,000,000     $ 2,282,000 2,728,684,000 1,182,722,000 (1,440,202,000) 47,685,000 2,711,171,000
Beginning Balance (in shares) at Dec. 31, 2018 4,600,000     3,000,000     228,246,247          
Increase (Decrease) in Stockholders' Equity                        
Net income                       97,379,000
Ending Balance at Sep. 30, 2019 $ 115,000,000     $ 75,000,000     $ 2,249,000 2,681,754,000 1,274,039,000 (1,483,907,000) 48,384,000 2,712,519,000
Ending Balance (in shares) at Sep. 30, 2019 4,600,000     3,000,000     224,861,978          
Beginning Balance at Mar. 31, 2019 $ 115,000,000     $ 75,000,000     $ 2,286,000 2,726,466,000 1,199,039,000 (1,454,838,000) 47,334,000 2,710,287,000
Beginning Balance (in shares) at Mar. 31, 2019 4,600,000     3,000,000     228,587,447          
Increase (Decrease) in Stockholders' Equity                        
Amortization of deferred stock compensation               3,002,000       3,002,000
Issuance of restricted common stock (in shares)             51,840          
Repurchase of outstanding common stock             $ (4,000) (5,731,000)       (5,735,000)
Repurchase of outstanding common stock (in shares)             (432,464)          
Common stock distributions and distributions payable                   (11,411,000)   (11,411,000)
Preferred stock dividends and dividends payable   (1,998,000) (1,998,000)   (1,209,000) (1,209,000)            
Distributions to noncontrolling interest                     (788,000) (788,000)
Net income                 43,963,000   1,955,000 45,918,000
Ending Balance at Jun. 30, 2019 $ 115,000,000     $ 75,000,000     $ 2,282,000 2,723,737,000 1,243,002,000 (1,469,456,000) 48,501,000 2,738,066,000
Ending Balance (in shares) at Jun. 30, 2019 4,600,000     3,000,000     228,206,823          
Increase (Decrease) in Stockholders' Equity                        
Amortization of deferred stock compensation               2,249,000       2,249,000
Repurchase of outstanding common stock             $ (33,000) (44,232,000)       (44,265,000)
Repurchase of outstanding common stock (in shares)             (3,344,845)          
Common stock distributions and distributions payable                   (11,243,000)   (11,243,000)
Preferred stock dividends and dividends payable   $ (1,998,000) $ (1,998,000)   $ (1,210,000) $ (1,210,000)            
Distributions to noncontrolling interest                     (2,625,000) (2,625,000)
Net income                 31,037,000   2,508,000 33,545,000
Ending Balance at Sep. 30, 2019 $ 115,000,000     $ 75,000,000     $ 2,249,000 $ 2,681,754,000 $ 1,274,039,000 $ (1,483,907,000) $ 48,384,000 $ 2,712,519,000
Ending Balance (in shares) at Sep. 30, 2019 4,600,000     3,000,000     224,861,978