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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Total Company’s Stockholders’ Equity
Common Stock
Common Stock
Class A
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income
Noncontrolling Interests in Investment Entities
Noncontrolling Interests in the Operating Partnership
Beginning balance (in shares) at Dec. 31, 2021       129,769          
Beginning balance at Dec. 31, 2021 $ 1,491,315 $ 1,455,288   $ 1,298 $ 2,855,766 $ (1,410,562) $ 8,786 $ 1,472 $ 34,555
Increase (Decrease) in Stockholders' Equity                  
Distributions (110)             (110)  
Issuance and amortization of equity-based compensation 1,880 1,880     1,880        
Other comprehensive income (loss) 676 660         660   16
Dividends and distributions declared (25,241) (24,657)       (24,657)     (584)
Shares canceled for tax withholding on vested stock awards (in shares)       (136)          
Shares canceled for tax withholding on vested stock awards (1,000) (1,000)   $ (2) (998)        
Reallocation of equity 0 (13)     (13)       13
Net income (loss) 28,400 27,724       27,724   22 654
Ending balance (in shares) at Mar. 31, 2022       129,633          
Ending balance at Mar. 31, 2022 1,495,920 1,459,882   $ 1,296 2,856,635 (1,407,495) 9,446 1,384 34,654
Beginning balance (in shares) at Dec. 31, 2021       129,769          
Beginning balance at Dec. 31, 2021 1,491,315 1,455,288   $ 1,298 2,855,766 (1,410,562) 8,786 1,472 34,555
Increase (Decrease) in Stockholders' Equity                  
Other comprehensive income (loss) (9,134)                
Net income (loss) 63,030                
Ending balance (in shares) at Jun. 30, 2022       128,965          
Ending balance at Jun. 30, 2022 1,453,349 1,452,008   $ 1,290 2,850,001 (1,398,773) (510) 1,341 0
Beginning balance (in shares) at Mar. 31, 2022       129,633          
Beginning balance at Mar. 31, 2022 1,495,920 1,459,882   $ 1,296 2,856,635 (1,407,495) 9,446 1,384 34,654
Increase (Decrease) in Stockholders' Equity                  
Distributions (28)             (28)  
Issuance and amortization of equity-based compensation (in shares)       1,524          
Issuance and amortization of equity-based compensation 2,286 2,286   $ 16 2,270        
Repurchase of common stock (in shares)     (2,181)            
Repurchase of common stock (18,320) (18,320)   $ (22) (18,298)        
Other comprehensive income (loss) (9,810) (9,956)         (9,956)   146
Dividends and distributions declared (25,565) (25,565)       (25,565)      
Shares canceled for tax withholding on vested stock awards (in shares)       (11)          
Shares canceled for tax withholding on vested stock awards (254) (254)     (254)        
OP redemption (25,511) 9,648     9,648       (35,159)
Net income (loss) 34,631 34,287       34,287   (15) 359
Ending balance (in shares) at Jun. 30, 2022       128,965          
Ending balance at Jun. 30, 2022 1,453,349 1,452,008   $ 1,290 2,850,001 (1,398,773) (510) 1,341 $ 0
Beginning balance (in shares) at Dec. 31, 2022       128,872          
Beginning balance at Dec. 31, 2022 1,389,024 1,387,768   $ 1,289 2,853,723 (1,466,568) (676) 1,256  
Increase (Decrease) in Stockholders' Equity                  
Distributions (28)             (28)  
Issuance and amortization of equity-based compensation (in shares)       1,527          
Issuance and amortization of equity-based compensation 2,295 2,295   $ 15 2,280        
Other comprehensive income (loss) (3,463) (3,463)         (3,463)    
Dividends and distributions declared (26,170) (26,170)       (26,170)      
Shares canceled for tax withholding on vested stock awards (in shares)       (453)          
Shares canceled for tax withholding on vested stock awards (2,885) (2,885)   $ (5) (2,880)        
Net income (loss) (4,202) (4,127)       (4,127)   (75)  
Ending balance (in shares) at Mar. 31, 2023       129,946          
Ending balance at Mar. 31, 2023 1,354,571 1,353,418   $ 1,299 2,853,123 (1,496,865) (4,139) 1,153  
Beginning balance (in shares) at Dec. 31, 2022       128,872          
Beginning balance at Dec. 31, 2022 1,389,024 1,387,768   $ 1,289 2,853,723 (1,466,568) (676) 1,256  
Increase (Decrease) in Stockholders' Equity                  
Other comprehensive income (loss) (5,069)                
Net income (loss) (11,700)                
Ending balance (in shares) at Jun. 30, 2023       130,039          
Ending balance at Jun. 30, 2023 1,322,542 1,321,429   $ 1,300 2,856,225 (1,530,351) (5,745) 1,113  
Beginning balance (in shares) at Mar. 31, 2023       129,946          
Beginning balance at Mar. 31, 2023 1,354,571 1,353,418   $ 1,299 2,853,123 (1,496,865) (4,139) 1,153  
Increase (Decrease) in Stockholders' Equity                  
Distributions (28)             (28)  
Issuance and amortization of equity-based compensation (in shares)       93          
Issuance and amortization of equity-based compensation 3,103 3,103   $ 1 3,102        
Other comprehensive income (loss) (1,606) (1,606)         (1,606)    
Dividends and distributions declared (26,000) (26,000)       (26,000)      
Net income (loss) (7,498) (7,486)       (7,486)   (12)  
Ending balance (in shares) at Jun. 30, 2023       130,039          
Ending balance at Jun. 30, 2023 $ 1,322,542 $ 1,321,429   $ 1,300 $ 2,856,225 $ (1,530,351) $ (5,745) $ 1,113