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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Activity of Preferred and Common Stock
The table below summarizes the share activities of the Company's preferred stock and common stock.
Number of Shares
(In thousands)Preferred Stock
Class A
Common Stock
Class B
Common Stock
Shares outstanding at December 31, 202041,350 120,851 183 
Redemption of preferred stock(6,010)— — 
Exchange of notes for class A common stock— 18,341 — 
Shares issued upon redemption of OP Units— 501 — 
Conversion of class B to class A common stock— 17 (17)
Shares issued pursuant to settlement liability (1)
— 1,488 — 
Equity-based compensation, net of forfeitures— 1,645 — 
Shares canceled for tax withholding on vested stock awards— (699)— 
Shares outstanding at December 31, 202135,340 142,144 166 
Stock repurchases(2,229)(4,195)— 
Exchange of notes for class A common stock— 6,389 — 
Shares issued upon redemption of OP Units— 100 — 
Shares issued for redemption of redeemable noncontrolling interest (Note 9)
— 14,435 — 
Equity awards issued, net of forfeitures— 1,589 — 
Shares canceled for tax withholding on vested equity awards— (699)— 
Shares outstanding at December 31, 202233,111 159,763 166 
Stock repurchases(235)— — 
Shares issued upon redemption of OP Units — 253 — 
Equity awards issued, net of forfeitures— 4,835 — 
Shares canceled for tax withholding on vested equity awards— (1,642)— 
Shares outstanding at December 31, 202332,876 163,209 166 
__________
(1)    In 2021, the settlement liability was settled through the reissuance of some of the shares previously repurchased and held in a subsidiary. Shares of class A common stock repurchased and not reissued in the settlement of the liability were subsequently cancelled.
The table below summarizes the preferred stock issued and outstanding at December 31, 2023:
DescriptionDividend Rate Per AnnumInitial Issuance Date
Shares Outstanding
(in thousands)
Par Value
(in thousands)
Liquidation Preference
(in thousands)
Earliest Redemption Date
Series H7.125 %April 20158,395 $84 $209,870 Currently redeemable
Series I7.15 %June 201712,867 129 321,668 Currently redeemable
Series J7.125 %September 201711,614 116 290,361 Currently redeemable
32,876 $329 $821,899 
Schedule of Components of Accumulated Other Comprehensive Income (Loss) Attributable to Stockholders
The following tables present the changes in each component of AOCI attributable to stockholders and noncontrolling interests in investment entities, net of immaterial tax effect. AOCI attributable to noncontrolling interests in Operating Company is immaterial.
Changes in Components of AOCI—Stockholders
(In thousands)
Company's Share in AOCI of Equity Method InvestmentsUnrealized Gain (Loss) on AFS Debt Securities
Unrealized Gain (Loss) on Cash Flow Hedges
Foreign Currency Translation Gain (Loss)
Unrealized Gain (Loss) on Net Investment Hedges
Total
AOCI at December 31, 2020$17,718 $6,072 $(233)$52,832 $45,734 $122,123 
Other comprehensive income (loss) before reclassifications(12,386)(211)— (35,001)1,731 (45,867)
Amounts reclassified from AOCI(2,998)— 233 10,153 (39,779)(32,391)
Deconsolidation of investment entities— — — (1,482)— (1,482)
AOCI at December 31, 20212,334 5,861 — 26,502 7,686 42,383 
Other comprehensive income (loss) before reclassifications(2,429)— — (10,923)8,396 (4,956)
Amounts reclassified from AOCI(200)(5,861)— (16,793)(16,082)(38,936)
AOCI at December 31, 2022(295)— — (1,214)— (1,509)
Other comprehensive income (loss) before reclassifications(1)— — 2,906 — 2,905 
Amounts reclassified from AOCI296 — — (1,246)— (950)
 Deconsolidation of investment entities— — — 965 — 965 
AOCI at December 31, 2023$— $— $— $1,411 $— $1,411 
Changes in Components of AOCI—Noncontrolling Interests in Investment Entities
(In thousands)Unrealized Gain (Loss) on Cash Flow HedgesForeign Currency Translation Gain (Loss)Unrealized Gain (Loss) on Net Investment HedgesTotal
AOCI at December 31, 2020$(1,030)$83,845 $15,099 $97,914 
Other comprehensive income (loss) before reclassifications— (65,127)— (65,127)
Amounts reclassified from AOCI1,030 (1,364)(15,099)(15,433)
Deconsolidation of investment entities— (6,297)— (6,297)
AOCI at December 31, 2021— 11,057 — 11,057 
Other comprehensive income (loss) before reclassifications— (4,571)— (4,571)
Amounts reclassified from AOCI— (9,501)— (9,501)
AOCI at December 31, 2022— (3,015)— (3,015)
Other comprehensive income (loss) before reclassifications— 884 — 884 
Amounts reclassified from AOCI— (468)— (468)
Deconsolidation of investment entities— 2,550 — 2,550 
AOCI at December 31, 2023$— $(49)$— $(49)
Schedule of Reclassification out of Accumulated Other Comprehensive Income
Information about amounts reclassified out of AOCI attributable to stockholders by component is presented below. Such amounts are included in other gain (loss) in continuing and discontinued operations on the consolidated statements of operations, as applicable, except for amounts related to equity method investments, which are included in equity method losses in discontinued operations.
(In thousands)
Year Ended December 31,
Affected Line Item in the
Consolidated Statements of Operations
Component of AOCI reclassified into earnings202320222021
Relief of basis of AFS debt securities$— $5,861 $— Income (loss) from discontinued operations
Release of foreign currency cumulative translation adjustments1,246 16,793 (10,153)Other gain (loss), net
Income (loss) from discontinued operations
Realized gain on net investment hedges— 16,082 39,779 Other gain (loss), net
Income (loss) from discontinued operations
Realized loss on cash flow hedges— — (233)Income (loss) from discontinued operations
Deconsolidation of investment entities(965)— 1,482 Income (loss) from discontinued operations
Release of AOCI of equity method investments(296)200 2,998 Income (loss) from discontinued operations