XML 15 R5.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Preferred Shares
Common Shares
Additional Paid-In Capital
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income (Loss)
Distributions in Excess of Retained Earnings
Total Shareholders' Equity
Total Shareholders' Equity
Cumulative Effect, Period of Adoption, Adjustment
Non-Controlling Interests
Preferred stock, beginning balance (in shares) at Dec. 31, 2020   20,400,000                
Common shares, beginning balance (in shares) at Dec. 31, 2020     130,673,300              
Beginning balance at Dec. 31, 2020 $ 3,264,326 $ 204 $ 1,307 $ 4,169,870 $ (113,099) $ (60,071) $ (853,973) $ 3,257,337 $ (113,099) $ 6,989
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Redemption of preferred shares (in shares)   (10,000,000)                
Redemption of preferred shares (250,000) $ (100)   (241,857)     (8,043) (250,000)    
Issuance of shares, net of offering costs (in shares)   19,200,000                
Issuance of shares, net of offering costs 464,106 $ 192   463,914       464,106    
Issuance of common shares for Board of Trustees compensation (in shares)     27,711              
Issuance of common shares for Board of Trustees compensation 516   $ 1 515       516    
Repurchase of common shares (in shares)     (38,310)              
Repurchase of common shares (720)   $ (1) (719)       (720)    
Share-based compensation (in shares)     151,049              
Share-based compensation 9,791   $ 1 8,046       8,047   1,744
Distributions on common shares/units (3,754)           (3,713) (3,713)   (41)
Distributions on preferred shares/units (30,761)           (30,761) (30,761)    
Purchases of capped calls in connection with convertible senior notes       (20,975)       (20,975)    
Other adjustment 0         393   393   (393)
Other comprehensive income (loss):                    
Change in fair value of derivative instruments 7,103         6,930   6,930   173
Amounts reclassified from other comprehensive income 19,319         19,319   19,319    
Net income (loss) (143,550)           (142,465) (142,465)   (1,085)
Preferred stock, ending balance (in shares) at Sep. 30, 2021   29,600,000                
Common shares, ending balance (in shares) at Sep. 30, 2021     130,813,750              
Ending balance at Sep. 30, 2021 3,202,302 $ 296 $ 1,308 4,265,695   (33,429) (1,038,955) 3,194,915   7,387
Preferred stock, beginning balance (in shares) at Jun. 30, 2021   29,600,000                
Common shares, beginning balance (in shares) at Jun. 30, 2021     130,813,750              
Beginning balance at Jun. 30, 2021 3,238,646 $ 296 $ 1,308 4,263,473   (39,820) (993,654) 3,231,603   7,043
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Redemption of preferred shares (in shares)   (10,000,000)                
Redemption of preferred shares (250,000) $ (100)   (241,857)     (8,043) (250,000)    
Issuance of shares, net of offering costs (in shares)   10,000,000                
Issuance of shares, net of offering costs 241,776 $ 100   241,676       241,776    
Share-based compensation 3,100     2,403       2,403   697
Distributions on common shares/units (1,325)           (1,317) (1,317)   (8)
Distributions on preferred shares/units (12,528)           (12,528) (12,528)    
Other adjustment 0         393   393   (393)
Other comprehensive income (loss):                    
Change in fair value of derivative instruments (323)         (496)   (496)   173
Amounts reclassified from other comprehensive income 6,494         6,494   6,494    
Net income (loss) (23,538)           (23,413) (23,413)   (125)
Preferred stock, ending balance (in shares) at Sep. 30, 2021   29,600,000                
Common shares, ending balance (in shares) at Sep. 30, 2021     130,813,750              
Ending balance at Sep. 30, 2021 $ 3,202,302 $ 296 $ 1,308 4,265,695   (33,429) (1,038,955) 3,194,915   7,387
Preferred stock, beginning balance (in shares) at Dec. 31, 2021 29,600,000 29,600,000                
Common shares, beginning balance (in shares) at Dec. 31, 2021 130,813,750   130,813,750              
Beginning balance at Dec. 31, 2021 $ 3,163,905 $ 296 $ 1,308 4,268,042   (19,442) (1,094,023) 3,156,181   7,724
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of shares, net of offering costs (123)     (123)       (123)    
Issuance of operating partnership units 78,000                 78,000
Issuance of common shares for Board of Trustees compensation (in shares)     33,866              
Issuance of common shares for Board of Trustees compensation 738   $ 1 737       738    
Repurchase of common shares (in shares)     (49,787)              
Repurchase of common shares (1,113)   $ (1) (1,112)       (1,113)    
Share-based compensation (in shares)     107,303              
Share-based compensation 8,155   $ 1 6,059       6,060   2,095
Distributions on common shares/units (3,806)           (3,762) (3,762)   (44)
Distributions on preferred shares/units (35,842)           (34,031) (34,031)   (1,811)
Other comprehensive income (loss):                    
Change in fair value of derivative instruments 53,184         52,797   52,797   387
Amounts reclassified from other comprehensive income 5,441         5,441   5,441    
Net income (loss) $ (45,114)           (46,473) (46,473)   1,359
Preferred stock, ending balance (in shares) at Sep. 30, 2022 29,600,000 29,600,000                
Common shares, ending balance (in shares) at Sep. 30, 2022 130,905,132   130,905,132              
Ending balance at Sep. 30, 2022 $ 3,223,425 $ 296 $ 1,309 4,273,603   38,796 (1,178,289) 3,135,715   87,710
Preferred stock, beginning balance (in shares) at Jun. 30, 2022   29,600,000                
Common shares, beginning balance (in shares) at Jun. 30, 2022     130,905,132              
Beginning balance at Jun. 30, 2022 3,192,676 $ 296 $ 1,309 4,271,169   23,748 (1,190,693) 3,105,829   86,847
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of shares, net of offering costs (48)     (48)       (48)    
Issuance of operating partnership units 0                 0
Share-based compensation 3,181     2,482       2,482   699
Distributions on common shares/units (1,331)           (1,320) (1,320)   (11)
Distributions on preferred shares/units (12,508)           (11,344) (11,344)   (1,164)
Other comprehensive income (loss):                    
Change in fair value of derivative instruments 16,487         16,385   16,385   102
Amounts reclassified from other comprehensive income (1,337)         (1,337)   (1,337)    
Net income (loss) $ 26,305           25,068 25,068   1,237
Preferred stock, ending balance (in shares) at Sep. 30, 2022 29,600,000 29,600,000                
Common shares, ending balance (in shares) at Sep. 30, 2022 130,905,132   130,905,132              
Ending balance at Sep. 30, 2022 $ 3,223,425 $ 296 $ 1,309 $ 4,273,603   $ 38,796 $ (1,178,289) $ 3,135,715   $ 87,710