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Condensed Consolidated Statements of Equity and Redeemable Non-Controlling Interests - USD ($)
$ in Thousands
Total
Total Stockholders’ Equity
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Cumulative Net Income
Cumulative Dividends
Non-controlling Interests
Beginning balance at Dec. 31, 2022 $ 7,679,818 $ 7,571,076 $ 3,806 $ 9,587,637 $ 2,140 $ 1,307,055 $ (3,329,562) $ 108,742
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock redemptions (1,596) (1,596) (1) (1,595)        
Share-based compensation 8,916 8,916 3 8,913        
Issuance of common stock, net of issuance costs 78 78   78        
Net loss (171,804) (169,884)       (169,884)   (1,920)
Reclassification adjustments for gains included in net income (interest expense) (5,703) (5,635)     (5,635)     (68)
Gains arising during the period on interest rate swaps 12,981 12,823     12,823     158
Dividends to common stockholders and distributions to non-controlling interest holders (239,273) (236,379)         (236,379) (2,894)
Ending balance at Jun. 30, 2023 7,283,417 7,179,399 3,808 9,595,033 9,328 1,137,171 (3,565,941) 104,018
Redeemable Non-controlling Interests, beginning balance at Dec. 31, 2022 2,014              
Redeemable Non-controlling Interests                
Contributions from redeemable non-controlling interests 473              
Redeemable Non-controlling Interests, ending balance at Jun. 30, 2023 2,487              
Beginning balance at Mar. 31, 2023 7,464,839 7,358,628 3,808 9,591,194 (8,554) 1,219,930 (3,447,750) 106,211
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock redemptions (112) (112)   (112)        
Share-based compensation 3,924 3,924   3,924        
Issuance of common stock, net of issuance costs 27 27   27        
Net loss (83,726) (82,759)       (82,759)   (967)
Reclassification adjustments for gains included in net income (interest expense) (3,419) (3,377)     (3,377)     (42)
Gains arising during the period on interest rate swaps 21,523 21,259     21,259     264
Dividends to common stockholders and distributions to non-controlling interest holders (119,639) (118,191)         (118,191) (1,448)
Ending balance at Jun. 30, 2023 7,283,417 7,179,399 3,808 9,595,033 9,328 1,137,171 (3,565,941) 104,018
Redeemable Non-controlling Interests, beginning balance at Mar. 31, 2023 2,000              
Redeemable Non-controlling Interests                
Contributions from redeemable non-controlling interests 487              
Redeemable Non-controlling Interests, ending balance at Jun. 30, 2023 2,487              
Beginning balance at Dec. 31, 2023 6,918,914 6,822,662 3,810 9,602,592 (10,741) 1,028,794 (3,801,793) 96,252
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock redemptions (138) (138)   (138)        
Share-based compensation 6,944 6,944 3 6,941        
Common stock repurchases (273,053) (273,053) (172) (272,881)        
Issuance of common stock, net of issuance costs 104 104   104        
Conversion of OP Units to common stock 0 3,412 2 3,410       (3,412)
Net loss (461,157) (454,616)       (454,616)   (6,541)
Reclassification adjustments for gains included in net income (interest expense) (7,528) (7,424)     (7,424)     (104)
Gains arising during the period on interest rate swaps 25,501 25,151     25,151     350
Dividends to common stockholders and distributions to non-controlling interest holders (238,770) (235,900)         (235,900) (2,870)
Ending balance at Jun. 30, 2024 5,970,817 5,887,142 3,643 9,340,028 6,986 574,178 (4,037,693) 83,675
Redeemable Non-controlling Interests, beginning balance at Dec. 31, 2023 3,868              
Redeemable Non-controlling Interests                
Contributions from redeemable non-controlling interests 13              
Adjustments to redemption value of redeemable non-controlling interests (6)              
Redeemable Non-controlling Interests, ending balance at Jun. 30, 2024 3,875              
Beginning balance at Mar. 31, 2024 6,503,138 6,415,895 3,815 9,609,530 4,791 717,958 (3,920,199) 87,243
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock redemptions (3) (3)   (3)        
Share-based compensation 3,382 3,382   3,382        
Common stock repurchases (273,053) (273,053) (172) (272,881)        
Net loss (145,938) (143,780)       (143,780)   (2,158)
Reclassification adjustments for gains included in net income (interest expense) (3,662) (3,611)     (3,611)     (51)
Gains arising during the period on interest rate swaps 5,891 5,806     5,806     85
Dividends to common stockholders and distributions to non-controlling interest holders (118,938) (117,494)         (117,494) (1,444)
Ending balance at Jun. 30, 2024 5,970,817 $ 5,887,142 $ 3,643 $ 9,340,028 $ 6,986 $ 574,178 $ (4,037,693) $ 83,675
Redeemable Non-controlling Interests, beginning balance at Mar. 31, 2024 3,880              
Redeemable Non-controlling Interests                
Adjustments to redemption value of redeemable non-controlling interests (5)              
Redeemable Non-controlling Interests, ending balance at Jun. 30, 2024 $ 3,875