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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Series G Cumulative Redeemable Preferred Stock
Distributions in excess of retained earnings
Series G Cumulative Redeemable Preferred Stock
Series H Cumulative Redeemable Preferred Stock
Distributions in excess of retained earnings
Series H Cumulative Redeemable Preferred Stock
Series I Cumulative Redeemable Preferred Stock
Distributions in excess of retained earnings
Series I Cumulative Redeemable Preferred Stock
Preferred Stock
Common Stock
Additional Paid In Capital
Distributions in excess of retained earnings
Non-Controlling Interest in Consolidated Joint Venture
Total
Beginning Balance at Dec. 31, 2021             $ 281,250 $ 2,193 $ 2,631,484 $ (715,960) $ 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 (705,744) 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 (715,960) 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                       73,303
Ending Balance at Sep. 30, 2022             $ 281,250 $ 2,116 2,487,931 (667,641)   2,103,656
Ending Balance (in shares) at Sep. 30, 2022             11,250,000 211,570,211        
Beginning Balance at Mar. 31, 2022             $ 281,250 $ 2,157 2,588,405 (705,744) 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 (674,168)   2,103,445
Ending Balance (in shares) at Jun. 30, 2022             11,250,000 212,450,788        
Increase (Decrease) in Stockholders' Equity                        
Amortization of deferred stock compensation                 2,350     2,350
Common stock distributions and distributions payable                   (10,610)   (10,610)
Preferred stock dividends and dividends payable (165) (165) (1,761) (1,761) (1,425) (1,425)            
Repurchases of outstanding common stock               $ (9) (8,657)     (8,666)
Repurchases of outstanding common stock (in shares)               (880,577)        
Net Income                   20,488   20,488
Ending Balance at Sep. 30, 2022             $ 281,250 $ 2,116 2,487,931 (667,641)   2,103,656
Ending Balance (in shares) at Sep. 30, 2022             11,250,000 211,570,211        
Beginning Balance at Dec. 31, 2022             $ 281,250 $ 2,093 2,465,595 (663,977)   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 (657,107)   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 (663,977)   2,084,961
Beginning Balance (in shares) at Dec. 31, 2022             11,250,000 209,320,447        
Increase (Decrease) in Stockholders' Equity                        
Net Income                       79,723
Ending Balance at Sep. 30, 2023             $ 281,250 $ 2,056 2,434,649 (630,270)   2,087,685
Ending Balance (in shares) at Sep. 30, 2023             11,250,000 205,623,316        
Beginning Balance at Mar. 31, 2023             $ 281,250 $ 2,074 2,446,185 (657,107)   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 (628,245)   2,101,124
Ending Balance (in shares) at Jun. 30, 2023             11,250,000 207,184,691        
Increase (Decrease) in Stockholders' Equity                        
Amortization of deferred stock compensation                 2,628     2,628
Common stock distributions and distributions payable                   (14,357)   (14,357)
Preferred stock dividends and dividends payable $ (40) $ (40) $ (1,761) $ (1,761) $ (1,425) $ (1,425)            
Repurchases of outstanding common stock               $ (16) (14,026)     (14,042)
Repurchases of outstanding common stock (in shares)               (1,561,375)        
Net Income                   15,558   15,558
Ending Balance at Sep. 30, 2023             $ 281,250 $ 2,056 $ 2,434,649 $ (630,270)   $ 2,087,685
Ending Balance (in shares) at Sep. 30, 2023             11,250,000 205,623,316