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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Thousands
Common Stock
Additional Paid-in Capital
Distributions in Excess of Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Total
Beginning Balances (in shares) at Dec. 31, 2020 143,041          
Beginning Balances at Dec. 31, 2020 $ 1,430 $ 1,269,146 $ (841,496) $ (27,431) $ 96,242 $ 497,891
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (excluding portion attributable to redeemable noncontrolling interest)     22,922   2,430 25,352
Change from cash flow hedging activities (excluding portion attributable to redeemable noncontrolling interest)       9,142 1,047 10,189
Issuance of common stock (in shares) 23,916          
Issuance of common stock $ 239 183,517       183,756
Share-based compensation (in shares) 29          
Share-based compensation   145       145
Upfront offering costs, including selling commissions, dealer manager fees, and offering costs   (4,100)       (4,100)
Trailing distribution fees   (8,222) 2,000   (4,656) $ (10,878)
Redemptions of common stock (in shares) (6,601)         (6,601)
Redemptions of common stock $ (65) (50,065)       $ (50,130)
Issuances of OP Units for DST Interests         57,729 57,729
Distributions declared on common stock and noncontrolling interests (excludes attributable to redeemable noncontrolling interest)     (42,476)   (4,575) (47,051)
Redemption value allocation adjustment to redeemable noncontrolling interest   (293)       (293)
Redemptions of noncontrolling interests   (305)     (3,987) (4,292)
Ending Balances (in shares) at Sep. 30, 2021 160,385          
Ending Balances at Sep. 30, 2021 $ 1,604 1,389,823 (859,050) (18,289) 144,230 658,318
Beginning Balances (in shares) at Jun. 30, 2021 152,021          
Beginning Balances at Jun. 30, 2021 $ 1,520 1,330,413 (859,021) (20,301) 116,306 568,917
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (excluding portion attributable to redeemable noncontrolling interest)     13,940   1,654 15,594
Change from cash flow hedging activities (excluding portion attributable to redeemable noncontrolling interest)       2,012 286 2,298
Issuance of common stock (in shares) 10,268          
Issuance of common stock $ 103 79,369       79,472
Share-based compensation (in shares) 21          
Share-based compensation   60       60
Upfront offering costs, including selling commissions, dealer manager fees, and offering costs   (1,800)       (1,800)
Trailing distribution fees   (3,214) 759   (2,252) (4,707)
Redemptions of common stock (in shares) (1,925)          
Redemptions of common stock $ (19) (14,731)       (14,750)
Issuances of OP Units for DST Interests         31,788 31,788
Distributions declared on common stock and noncontrolling interests (excludes attributable to redeemable noncontrolling interest)     (14,728)   (1,748) (16,476)
Redemption value allocation adjustment to redeemable noncontrolling interest   (108)       (108)
Redemptions of noncontrolling interests   (166)     (1,804) (1,970)
Ending Balances (in shares) at Sep. 30, 2021 160,385          
Ending Balances at Sep. 30, 2021 $ 1,604 1,389,823 (859,050) (18,289) 144,230 658,318
Beginning Balances (in shares) at Dec. 31, 2021 169,665          
Beginning Balances at Dec. 31, 2021 $ 1,696 1,457,296 (865,844) (13,418) 196,696 776,426
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (excluding portion attributable to redeemable noncontrolling interest)     (9,449)   (2,378) (11,827)
Change from cash flow hedging activities (excluding portion attributable to redeemable noncontrolling interest)       26,196 4,779 $ 30,975
Issuance of common stock (in shares) 38,620         38,600
Issuance of common stock $ 387 332,032       $ 332,419
Share-based compensation (in shares) 27          
Share-based compensation   192       192
Upfront offering costs, including selling commissions, dealer manager fees, and offering costs   (7,172)       (7,172)
Trailing distribution fees   (13,312) 3,688   (11,744) $ (21,368)
Redemptions of common stock (in shares) (5,695)         (5,695)
Redemptions of common stock $ (57) (48,726)       $ (48,783)
Issuances of OP Units for DST Interests         136,905 136,905
Other noncontrolling interests net distributions         (54) (54)
Distributions declared on common stock and noncontrolling interests (excludes attributable to redeemable noncontrolling interest)     (53,478)   (9,604) (63,082)
Redemption value allocation adjustment to redeemable noncontrolling interest   (1,900)       (1,900)
Redemptions of noncontrolling interests   (1,050)     (3,456) (4,506)
Ending Balances (in shares) at Sep. 30, 2022 202,617          
Ending Balances at Sep. 30, 2022 $ 2,026 1,717,360 (925,083) 12,778 311,144 1,118,225
Beginning Balances (in shares) at Jun. 30, 2022 195,101          
Beginning Balances at Jun. 30, 2022 $ 1,951 1,655,295 (882,795) (1,703) 228,185 1,000,933
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (excluding portion attributable to redeemable noncontrolling interest)     (24,872)   (4,996) (29,868)
Change from cash flow hedging activities (excluding portion attributable to redeemable noncontrolling interest)       14,481 2,817 17,298
Issuance of common stock (in shares) 9,776          
Issuance of common stock $ 98 87,795       87,893
Share-based compensation (in shares) 27          
Share-based compensation   92       92
Upfront offering costs, including selling commissions, dealer manager fees, and offering costs   (1,771)       (1,771)
Trailing distribution fees   (2,940) 1,399   (7,921) (9,462)
Redemptions of common stock (in shares) (2,287)          
Redemptions of common stock $ (23) (20,260)       (20,283)
Issuances of OP Units for DST Interests         97,464 97,464
Other noncontrolling interests net distributions         (31) (31)
Distributions declared on common stock and noncontrolling interests (excludes attributable to redeemable noncontrolling interest)     (18,815)   (3,780) (22,595)
Redemption value allocation adjustment to redeemable noncontrolling interest   (304)       (304)
Redemptions of noncontrolling interests   (547)     (594) (1,141)
Ending Balances (in shares) at Sep. 30, 2022 202,617          
Ending Balances at Sep. 30, 2022 $ 2,026 $ 1,717,360 $ (925,083) $ 12,778 $ 311,144 $ 1,118,225