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Consolidated Statement Of Shareholders' Equity - USD ($)
$ in Thousands
Total
downREIT OP units
5.417% Series 1 Cumulative Convertible Preferred Shares
Preferred Shares
Preferred Shares
5.417% Series 1 Cumulative Convertible Preferred Shares
Common Shares
Common Shares
downREIT OP units
Common Shares
5.417% Series 1 Cumulative Convertible Preferred Shares
Additional Paid-in Capital
Additional Paid-in Capital
downREIT OP units
Additional Paid-in Capital
5.417% Series 1 Cumulative Convertible Preferred Shares
Accumulated Dividends in Excess of Net Income
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Noncontrolling Interest
downREIT OP units
Beginning balance (in shares) at Dec. 31, 2021       405,896   78,603,305                  
Beginning balance at Dec. 31, 2021 $ 2,663,148     $ 159,997   $ 790     $ 3,488,794     $ (1,066,932) $ (2,047) $ 82,546  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income, excluding amounts attributable to redeemable noncontrolling interests 272,668                     269,798   2,870  
Other comprehensive income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 8,131                       8,131    
Dividends declared to common shareholders (256,867)                     (256,867)      
Dividends declared to preferred shareholders (6,026)                     (6,026)      
Distributions declared to noncontrolling interests, excluding amounts attributable to redeemable noncontrolling interests (4,066)                         (4,066)  
Common shares issued, net (in shares)           2,500,569                  
Common shares issued, net 292,344         $ 25     292,319            
Exercise of stock options (in shares)           366                  
Exercise of stock options 35               35            
Shares issued under dividend reinvestment plan (in shares)           13,832                  
Shares issued under dividend reinvestment plan 1,584               1,584            
Share-based compensation expense, net of forfeitures (in shares)           110,915                  
Share-based compensation expense, net of forfeitures 11,258         $ 2     11,256            
Shares withheld for employee taxes (in shares)           (40,974)                  
Shares withheld for employee taxes (4,886)               (4,886)            
Conversion of preferred shares (in shares)         (7,018)                    
Conversion of preferred shares         $ (175)                    
Conversion of preferred shares (in shares)               1,675              
Conversion of preferred shares     $ 0               $ 175        
Conversion of downREIT OP units (in Shares)             14,598                
Conversion of downREIT OP units   $ 0         $ 0     $ 1,385          
Conversion of downREIT OP units                             $ (1,385)
Deconsolidation of VIE 972                         972  
Adjustment to redeemable noncontrolling interests 3,585               3,585            
Ending balance (in shares) at Sep. 30, 2022       398,878   81,204,286                  
Ending balance at Sep. 30, 2022 2,981,880     $ 159,822   $ 817     3,794,247     (1,060,027) 6,084 80,937  
Beginning balance (in shares) at Jun. 30, 2022       398,878   80,896,804                  
Beginning balance at Jun. 30, 2022 2,876,427     $ 159,822   $ 813     3,758,161     (1,126,463) 3,550 80,544  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income, excluding amounts attributable to redeemable noncontrolling interests 157,000                     156,138   862  
Other comprehensive income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 2,534                       2,534    
Dividends declared to common shareholders (87,694)                     (87,694)      
Dividends declared to preferred shareholders (2,008)                     (2,008)      
Distributions declared to noncontrolling interests, excluding amounts attributable to redeemable noncontrolling interests (1,441)                         (1,441)  
Common shares issued, net (in shares)           296,872                  
Common shares issued, net 32,892         $ 3     32,889            
Exercise of stock options (in shares)           366                  
Exercise of stock options 35               35            
Shares issued under dividend reinvestment plan (in shares)           5,832                  
Shares issued under dividend reinvestment plan 573               573            
Share-based compensation expense, net of forfeitures (in shares)           6,810                  
Share-based compensation expense, net of forfeitures 3,579         $ 1     3,578            
Shares withheld for employee taxes (in shares)           (2,398)                  
Shares withheld for employee taxes (248)               (248)            
Deconsolidation of VIE 972                         972  
Adjustment to redeemable noncontrolling interests (741)               (741)            
Ending balance (in shares) at Sep. 30, 2022       398,878   81,204,286                  
Ending balance at Sep. 30, 2022 2,981,880     $ 159,822   $ 817     3,794,247     (1,060,027) 6,084 80,937  
Beginning balance (in shares) at Dec. 31, 2022       398,878   81,342,959                  
Beginning balance at Dec. 31, 2022 3,034,015     $ 159,822   $ 818     3,821,801     (1,034,186) 5,757 80,003  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income, excluding amounts attributable to redeemable noncontrolling interests 175,091                     172,882   2,209  
Other comprehensive income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 1,016                       1,016    
Dividends declared to common shareholders (265,022)                     (265,022)      
Dividends declared to preferred shareholders (6,024)                     (6,024)      
Distributions declared to noncontrolling interests, excluding amounts attributable to redeemable noncontrolling interests (3,283)                         (3,283)  
Common shares issued, net (in shares)           152,141                  
Common shares issued, net 15,895         $ 2     15,893            
Shares issued under dividend reinvestment plan (in shares)           14,398                  
Shares issued under dividend reinvestment plan 1,380               1,380            
Share-based compensation expense, net of forfeitures (in shares)           145,156                  
Share-based compensation expense, net of forfeitures 11,868         $ 1     11,867            
Shares withheld for employee taxes (in shares)           (45,615)                  
Shares withheld for employee taxes (4,979)               (4,979)            
Conversion of downREIT OP units (in Shares)             9,123                
Conversion of downREIT OP units   0         $ 0     883          
Conversion of downREIT OP units                             (883)
Contributions from noncontrolling interests 1,092                         1,092  
Ending balance (in shares) at Sep. 30, 2023       398,878   81,618,162                  
Ending balance at Sep. 30, 2023 2,961,049     $ 159,822   $ 821     3,846,845     (1,132,350) 6,773 79,138  
Beginning balance (in shares) at Jun. 30, 2023       398,878   81,515,511                  
Beginning balance at Jun. 30, 2023 2,980,431     $ 159,822   $ 820     3,832,983     (1,098,432) 5,496 79,742  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income, excluding amounts attributable to redeemable noncontrolling interests 57,575                     57,048   527  
Other comprehensive income - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 1,277                       1,277    
Dividends declared to common shareholders (88,958)                     (88,958)      
Dividends declared to preferred shareholders (2,008)                     (2,008)      
Distributions declared to noncontrolling interests, excluding amounts attributable to redeemable noncontrolling interests (1,081)                         (1,081)  
Common shares issued, net (in shares)           95,045                  
Common shares issued, net 9,703         $ 1     9,702            
Shares issued under dividend reinvestment plan (in shares)           4,767                  
Shares issued under dividend reinvestment plan 475               475            
Share-based compensation expense, net of forfeitures (in shares)           3,922                  
Share-based compensation expense, net of forfeitures 3,738         $ 0     3,738            
Shares withheld for employee taxes (in shares)           (2,683)                  
Shares withheld for employee taxes (268)               (268)            
Conversion of downREIT OP units (in Shares)             1,600                
Conversion of downREIT OP units   $ 0         $ 0     $ 215          
Conversion of downREIT OP units                             $ (215)
Contributions from noncontrolling interests 165                         165  
Ending balance (in shares) at Sep. 30, 2023       398,878   81,618,162                  
Ending balance at Sep. 30, 2023 $ 2,961,049     $ 159,822   $ 821     $ 3,846,845     $ (1,132,350) $ 6,773 $ 79,138