XML 21 R6.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Total Shareholders' Equity
Total Shareholders' Equity
Cumulative Effect, Period of Adoption, Adjustment
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
Non-Controlling Interests
Beginning balance (in shares) at Dec. 31, 2020         20,400,000 130,673,300          
Beginning balance at Dec. 31, 2020 $ 3,264,326 $ (113,099) $ 3,257,337 $ (113,099) $ 204 $ 1,307 $ 4,169,870 $ (113,099) $ (60,071) $ (853,973) $ 6,989
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Redemption of preferred shares (in shares)         (10,000,000)            
Redemption of preferred shares (250,000)   (250,000)   $ (100)   (241,845)     (8,055)  
Issuance of shares, net of offering costs (in shares)         19,200,000            
Issuance of shares, net of offering costs 464,054   464,054   $ 192   463,862        
Issuance of common shares for Board of Trustees compensation (in shares)           27,711          
Issuance of common shares for Board of Trustees compensation 516   516     $ 1 515        
Repurchase of common shares (in shares)           (38,310)          
Repurchase of common shares (720)   (720)     $ (1) (719)        
Share-based compensation (in shares)           151,049          
Share-based compensation 12,879   10,434     $ 1 10,433       2,445
Distributions on common shares/units (5,098)   (5,032)             (5,032) (66)
Distributions on preferred shares/units (42,105)   (42,105)             (42,105) 0
Purchases of capped calls in connection with convertible senior notes (20,975)   (20,975)       (20,975)        
Other adjustment 0   393           393   (393)
Other comprehensive income (loss):                      
Change in fair value of derivative instruments 15,289   15,026           15,026   263
Amounts reclassified from other comprehensive income 25,210   25,210           25,210    
Net income (loss) (186,372)   (184,858)             (184,858) (1,514)
Ending balance (in shares) at Dec. 31, 2021         29,600,000 130,813,750          
Ending balance at Dec. 31, 2021 3,163,905   3,156,181   $ 296 $ 1,308 4,268,042   (19,442) (1,094,023) 7,724
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Redemption of preferred shares (in shares)         (1,000,000)            
Redemption of preferred shares (16,000)   (16,000)   $ (10)   (24,176)     8,186  
Issuance of shares, net of offering costs (in shares)         0            
Issuance of shares, net of offering costs (123)   (123)   $ 0   (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   738     $ 1 737        
Repurchase of common shares (in shares)           (4,609,626)          
Repurchase of common shares (70,724)   (70,724)     $ (47) (70,677)        
Share-based compensation (in shares)           107,303          
Share-based compensation 11,350   8,557     $ 1 8,556       2,793
Distributions on common shares/units (5,104)   (5,035)             (5,035) (69)
Distributions on preferred shares/units (48,049)   (45,074)             (45,074) (2,975)
Other comprehensive income (loss):                      
Change in fair value of derivative instruments 55,479   55,114           55,114   365
Amounts reclassified from other comprehensive income 52   52           52    
Net income (loss) (84,981)   (87,171)             (87,171) 2,190
Ending balance (in shares) at Dec. 31, 2022         28,600,000 126,345,293          
Ending balance at Dec. 31, 2022 3,084,543   2,996,515   $ 286 $ 1,263 4,182,359   35,724 (1,223,117) 88,028
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Redemption of preferred shares (in shares)         (1,000,000)            
Redemption of preferred shares (15,790)   (15,790)   $ (10)   (24,176)     8,396  
Redemption of non-controlling interest OP units (in shares)           133,605          
Redemption of non-controlling interests     3,515     $ 1 3,514       (3,515)
Issuance of common shares for Board of Trustees compensation (in shares)           55,480          
Issuance of common shares for Board of Trustees compensation 754   754     $ 1 753        
Repurchase of common shares (in shares)           (6,578,436)          
Repurchase of common shares (92,753)   (92,753)     $ (65) (92,688)        
Share-based compensation (in shares)           235,407          
Share-based compensation 12,545   9,152     $ 2 9,150       3,393
Distributions on common shares/units (4,949)   (4,877)             (4,877) (72)
Distributions on preferred shares/units (48,306)   (43,649)             (43,649) (4,657)
Other comprehensive income (loss):                      
Change in fair value of derivative instruments 17,572   17,645           17,645   (73)
Amounts reclassified from other comprehensive income (28,995)   (28,995)           (28,995)    
Net income (loss) (74,276)   (78,017)             (78,017) 3,741
Ending balance (in shares) at Dec. 31, 2023         27,600,000 120,191,349          
Ending balance at Dec. 31, 2023 $ 2,850,345   $ 2,763,500   $ 276 $ 1,202 $ 4,078,912   $ 24,374 $ (1,341,264) $ 86,845