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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Series G Cumulative Redeemable Preferred Stock
Cumulative dividends and distributions
Series G Cumulative Redeemable Preferred Stock
Series H Cumulative Redeemable Preferred Stock
Cumulative dividends and distributions
Series H Cumulative Redeemable Preferred Stock
Series I Cumulative Redeemable Preferred Stock
Cumulative dividends and distributions
Series I Cumulative Redeemable Preferred Stock
Preferred Stock
Common Stock
Additional Paid In Capital
Retained Earnings
Cumulative dividends and distributions
Non-Controlling Interest in Consolidated Joint Venture
Total
Beginning Balance at Dec. 31, 2021             $ 281,250 $ 2,193 $ 2,631,484 $ 948,064 $ (1,664,024) $ 40,807 $ 2,239,774
Beginning Balance (in shares) at Dec. 31, 2021             11,250,000 219,333,783          
Increase (Decrease) in Stockholders' Equity                          
Amortization of deferred stock compensation                 3,701       3,701
Issuance of restricted common stock, net               $ 2 (3,353)       (3,351)
Issuance of restricted common stock, net (in shares)               213,179          
Preferred stock dividends and dividends payable $ (587) $ (587) $ (1,761) $ (1,761) $ (1,425) $ (1,425)              
Repurchases of outstanding common stock               $ (38) (43,427)       (43,465)
Repurchases of outstanding common stock (in shares)               (3,879,025)          
Net Income                   13,989   1,134 15,123
Ending Balance at Mar. 31, 2022             $ 281,250 $ 2,157 2,588,405 962,053 (1,667,797) 41,941 2,208,009
Ending Balance (in shares) at Mar. 31, 2022             11,250,000 215,667,937          
Beginning Balance at Dec. 31, 2021             $ 281,250 $ 2,193 2,631,484 948,064 (1,664,024) 40,807 2,239,774
Beginning Balance (in shares) at Dec. 31, 2021             11,250,000 219,333,783          
Increase (Decrease) in Stockholders' Equity                          
Net Income                         52,815
Ending Balance at Jun. 30, 2022             $ 281,250 $ 2,125 2,494,238 997,402 (1,671,570)   2,103,445
Ending Balance (in shares) at Jun. 30, 2022             11,250,000 212,450,788          
Beginning Balance at Mar. 31, 2022             $ 281,250 $ 2,157 2,588,405 962,053 (1,667,797) 41,941 2,208,009
Beginning Balance (in shares) at Mar. 31, 2022             11,250,000 215,667,937          
Increase (Decrease) in Stockholders' Equity                          
Amortization of deferred stock compensation                 2,971       2,971
Issuance of restricted common stock, net               $ 1 (92)       (91)
Issuance of restricted common stock, net (in shares)               53,616          
Forfeiture of restricted common stock (in shares)               (34,807)          
Preferred stock dividends and dividends payable (587) (587) (1,761) (1,761) (1,425) (1,425)              
Distribution to noncontrolling interest                       (5,500) (5,500)
Repurchases of outstanding common stock               $ (33) (34,482)       (34,515)
Repurchases of outstanding common stock (in shares)               (3,235,958)          
Acquisition of noncontrolling interest, net                 (62,564)     (38,784) (101,348)
Net Income                   35,349   $ 2,343 37,692
Ending Balance at Jun. 30, 2022             $ 281,250 $ 2,125 2,494,238 997,402 (1,671,570)   2,103,445
Ending Balance (in shares) at Jun. 30, 2022             11,250,000 212,450,788          
Beginning Balance at Dec. 31, 2022             $ 281,250 $ 2,093 2,465,595 1,035,353 (1,699,330)   2,084,961
Beginning Balance (in shares) at Dec. 31, 2022             11,250,000 209,320,447          
Increase (Decrease) in Stockholders' Equity                          
Amortization of deferred stock compensation                 2,545       2,545
Issuance of restricted common stock, net               $ 1 (3,349)       (3,348)
Issuance of restricted common stock, net (in shares)               55,970          
Forfeiture of restricted common stock (in shares)               (1,435)          
Common stock distributions and distributions payable                     (10,449)   (10,449)
Preferred stock dividends and dividends payable (582) (582) (1,761) (1,761) (1,425) (1,425)              
Repurchases of outstanding common stock               $ (20) (18,606)       (18,626)
Repurchases of outstanding common stock (in shares)               (1,964,923)          
Net Income                   21,087     21,087
Ending Balance at Mar. 31, 2023             $ 281,250 $ 2,074 2,446,185 1,056,440 (1,713,547)   2,072,402
Ending Balance (in shares) at Mar. 31, 2023             11,250,000 207,410,059          
Beginning Balance at Dec. 31, 2022             $ 281,250 $ 2,093 2,465,595 1,035,353 (1,699,330)   2,084,961
Beginning Balance (in shares) at Dec. 31, 2022             11,250,000 209,320,447          
Increase (Decrease) in Stockholders' Equity                          
Net Income                         64,165
Ending Balance at Jun. 30, 2023             $ 281,250 $ 2,072 2,446,047 1,099,518 (1,727,763)   2,101,124
Ending Balance (in shares) at Jun. 30, 2023             11,250,000 207,184,691          
Beginning Balance at Mar. 31, 2023             $ 281,250 $ 2,074 2,446,185 1,056,440 (1,713,547)   2,072,402
Beginning Balance (in shares) at Mar. 31, 2023             11,250,000 207,410,059          
Increase (Decrease) in Stockholders' Equity                          
Amortization of deferred stock compensation                 3,442       3,442
Issuance of restricted common stock, net               $ 1 (429)       (428)
Issuance of restricted common stock, net (in shares)               82,552          
Forfeiture of restricted common stock (in shares)               (6,459)          
Common stock distributions and distributions payable                     (10,448)   (10,448)
Preferred stock dividends and dividends payable $ (582) $ (582) $ (1,761) $ (1,761) $ (1,425) $ (1,425)              
Repurchases of outstanding common stock               $ (3) (2,852)       (2,855)
Repurchases of outstanding common stock (in shares)               (301,461)          
Acquisition of noncontrolling interest, net                 (299)       (299)
Net Income                   43,078     43,078
Ending Balance at Jun. 30, 2023             $ 281,250 $ 2,072 $ 2,446,047 $ 1,099,518 $ (1,727,763)   $ 2,101,124
Ending Balance (in shares) at Jun. 30, 2023             11,250,000 207,184,691