Shareholders' Equity / Partners' Capital (Tables)

6 Months Ended

Jun. 30, 2022

Equity [Abstract]

Schedule of Preferred Shares Outstanding

As of June 30, 2022 and December 31, 2021, the Company had the following series of perpetual preferred shares outstanding (amounts in thousands, except share data):

					June 30, 2022			December 31, 2021
Series	Issuance Date	Earliest Redemption Date	Dividend Rate		Outstanding Shares	Current Liquidation Value		Outstanding Shares	Current Liquidation Value
Series F perpetual preferred shares	4/24/2017	4/24/2022	5.875	%	—	$	—	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					9,200,000	$	230,000	15,400,000	$	385,000

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 OP units.

	For the Three Months Ended
Security	June 30, 2022		March 31, 2022		June 30, 2021		March 31, 2021
Class A and Class B common shares	$	0.18	$	0.18	$	0.10	$	0.10
6.500% Series D perpetual preferred shares (1)	—		—		0.30		0.41
6.350% Series E perpetual preferred shares (2)	—		—		0.40		0.40
5.875% Series F perpetual preferred shares (3)	0.14		0.37		0.37		0.37
5.875% Series G perpetual preferred shares	0.37		0.37		0.37		0.37
6.250% Series H perpetual preferred shares	0.39		0.39		0.39		0.39

(1)The 6.500% Series D perpetual preferred shares were redeemed on June 7, 2021.

(2)The 6.350% Series E perpetual preferred shares were redeemed on June 30, 2021.

(3)The 5.875% Series F perpetual preferred shares were redeemed on May 5, 2022.