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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Total Shareholders' Equity
Preferred Shares
Common Shares
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Distributions in Excess of Retained Earnings
Non-Controlling Interests
Beginning balance (in shares) at Dec. 31, 2021     29,600,000 130,813,750        
Beginning 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 interest OP units 0 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
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common shares for Board of Trustees compensation (in shares)       47,497        
Issuance of common shares for Board of Trustees compensation 745 745   $ 1 744      
Repurchase of common shares (in shares)       (1,242,644)        
Repurchase of common shares (16,851) (16,851)   $ (13) (16,838)      
Share-based compensation (in shares)       289,192        
Share-based compensation 13,602 9,450   $ 3 9,447     4,152
Distributions on common shares/units (4,902) (4,829)         (4,829) (73)
Distributions on preferred shares/units (47,182) (42,525)         (42,525) (4,657)
Other comprehensive income (loss):                
Change in fair value of derivative instruments 15,102 15,177       15,177   (75)
Amounts reclassified from other comprehensive income (23,001) (23,001)       (23,001)    
Net income (loss) 16 (4,242)         (4,242) 4,258
Ending balance (in shares) at Dec. 31, 2024     27,600,000 119,285,394        
Ending balance at Dec. 31, 2024 $ 2,787,874 $ 2,697,424 $ 276 $ 1,193 $ 4,072,265 $ 16,550 $ (1,392,860) $ 90,450