Shareholders' Equity / Partners' Capital (Tables)

9 Months Ended

Sep. 30, 2023

Equity [Abstract]

Schedule of Preferred Shares Outstanding

As of September 30, 2023 and December 31, 2022, the Company had the following series of perpetual preferred shares outstanding (amounts in thousands, except share data):

					September 30, 2023			December 31, 2022
Series	Issuance Date	Earliest Redemption Date	Dividend Rate		Outstanding Shares	Current Liquidation Value		Outstanding Shares	Current Liquidation Value
Series G perpetual preferred shares	July 17, 2017	July 17, 2022	5.875	%	4,600,000	$	115,000	4,600,000	$	115,000
Series H perpetual preferred shares	September 19, 2018	September 19, 2023	6.250	%	4,600,000	115,000		4,600,000	115,000
Total preferred shares					9,200,000	$	230,000	9,200,000	$	230,000

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	September 30, 2023		June 30, 2023		March 31, 2023		September 30, 2022		June 30, 2022		March 31, 2022
Class A and Class B common shares	$	0.22	$	0.22	$	0.22	$	0.18	$	0.18	$	0.18
5.875% Series F perpetual preferred shares (1)	—		—		—		—		0.14		0.37
5.875% Series G perpetual preferred shares	0.37		0.37		0.37		0.37		0.37		0.37
6.250% Series H perpetual preferred shares	0.39		0.39		0.39		0.39		0.39		0.39

(1)The 5.875% Series F perpetual preferred shares were redeemed on May 5, 2022 and the distributions for the three months ended June 30, 2022 represent the accrued and unpaid dividends paid to shareholders as part of the redemption.