Equity (Tables)

6 Months Ended

Jun. 30, 2020

Stockholders' Equity Note [Abstract]

Schedule of Net Income Attributable to Common Stockholders and Transfers (to) from Noncontrolling Interests

The table below presents the effect on our equity from net income attributable to common stockholders and changes in our ownership interest in our Operating Partnership:

	Six Months Ended June 30,
(In thousands)	2020		2019
Net income attributable to common stockholders	$	28,953	$	62,667
Transfers from noncontrolling interests:
Exchange of OP Units with noncontrolling interests	90		1,223
Repurchase of OP Units from noncontrolling interests	(4)		(291)
Net transfers from noncontrolling interests	86		932
Change from net income attributable to common stockholders and transfers from noncontrolling interests	$	29,039	$	63,599

Schedule of Accumulated Other Comprehensive Income (Loss)

The table below presents a reconciliation of our AOCI, which consists solely of adjustments related to derivatives designated as cash flow hedges:

	Six Months Ended June 30,
(In thousands)	2020		2019
Beginning balance	$	(17,462)	$	53,944
Consolidated derivatives:
Other comprehensive loss before reclassifications	(241,189)		(89,483)
Reclassification of loss (gain) from AOCI to Interest Expense	13,373		(17,284)
Unconsolidated Funds' derivatives (our share)(2):
Other comprehensive loss before reclassifications	(403)		(6,928)
Reclassification of gain from AOCI to Income (loss) from unconsolidated Funds	(35)		(1,226)
Net current period OCI	(228,254)		(114,921)
OCI attributable to noncontrolling interests	66,245		35,124
OCI attributable to common stockholders	(162,009)		(79,797)
Ending balance	$	(179,471)	$	(25,853)

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(1)See Note 10 for the details of our derivatives and Note 13 for our derivative fair value disclosures.

(2)We calculate our share by multiplying the total amount for each Fund by our equity interest in the respective Fund.

Schedule of Stock-based Compensation Expense

The table below presents our stock-based compensation expense:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2020		2019		2020		2019
Stock-based compensation expense, net	$	2,812	$	2,383	$	5,753	$	5,013
Capitalized stock-based compensation	$	751	$	338	$	1,610	$	1,008