Shareholders' Equity / Partners' Capital (Tables)

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

Schedule of Preferred Shares

As of December 31, 2019 and 2018, the Company had the following series of perpetual preferred shares outstanding (in thousands, except share data):

					December 31, 2019			December 31, 2018
Series	Issuance Date	Earliest Redemption Date	Dividend Rate		Outstanding Shares	Current Liquidation Value		Outstanding Shares	Current Liquidation Value
Series D perpetual preferred shares	5/24/2016	5/24/2021	6.500	%	10,750,000	$	268,750	10,750,000	$	268,750
Series E perpetual preferred shares	6/29/2016	6/29/2021	6.350	%	9,200,000	230,000		9,200,000	230,000
Series F perpetual preferred shares	4/24/2017	4/24/2022	5.875	%	6,200,000	155,000		6,200,000	155,000
Series G perpetual preferred shares	7/17/2017	7/17/2022	5.875	%	4,600,000	115,000		4,600,000	115,000
Series H perpetual preferred shares	9/19/2018	9/19/2023	6.250	%	4,600,000	115,000		4,600,000	115,000
Total preferred shares					35,350,000	$	883,750	35,350,000	$	883,750

Schedule Of Distributions Made During Period

The Operating Partnership funds the payment of distributions, and the board of trustees declared an equivalent amount of distributions on the corresponding Operating Partnership units.

	For the Years Ended December 31,
	2019		2018		2017
Class A and Class B common shares	$	0.20	$	0.20	$	0.20
5.000% Series A participating preferred shares	—		—		0.94
5.000% Series B participating preferred shares	—		—		0.94
5.500% Series C participating preferred shares	—		0.34		1.38
6.500% Series D perpetual preferred shares	1.63		1.63		1.63
6.350% Series E perpetual preferred shares	1.59		1.59		1.59
5.875% Series F perpetual preferred shares	1.47		1.47		1.01
5.875% Series G perpetual preferred shares	1.47		1.47		0.67
6.250% Series H perpetual preferred shares	1.56		0.44		—

Noncontrolling Interest

The following table summarizes the income or loss allocated to noncontrolling interests as reflected in the Company’s consolidated statements of operations for the years ended December 31, 2019, 2018 and 2017 (in thousands):

	For the Years Ended December 31,
	2019		2018			2017
Net income (loss) allocated to Class A units	$	15,221	$	4,424		$	(4,648	)
Net (loss) income allocated to noncontrolling interest in a consolidated subsidiary	—		(259		)	141
Total noncontrolling interest	$	15,221	$	4,165		$	(4,507	)