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Consolidated Statement Of Shareholders' Equity - USD ($)
$ in Thousands
Total
downREIT OP units
5.417% Series 1 Cumulative Convertible Preferred
Preferred Shares
Preferred Shares
5.417% Series 1 Cumulative Convertible Preferred
Common shares
Common shares
downREIT OP units
Common shares
5.417% Series 1 Cumulative Convertible Preferred
Additional Paid-in Capital
Additional Paid-in Capital
downREIT OP units
Additional Paid-in Capital
5.417% Series 1 Cumulative Convertible Preferred
Accumulated Dividends in Excess of Net Income
Accumulated Other Comprehensive (Loss) Income
Noncontrolling Interests
Noncontrolling Interests
downREIT OP units
Beginning balance (in shares) at Dec. 31, 2020       405,896   76,727,394                  
Beginning balance at Dec. 31, 2020 $ 2,548,747     $ 159,997   $ 771     $ 3,297,305     $ (988,272) $ (5,644) $ 84,590  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income, excluding amount attributable to redeemable noncontrolling interests 264,785                     261,498   3,287  
Other comprehensive (loss) income - change in value of interest rate swaps, excluding amounts attributable to redeemable noncontrolling interests 3,597                       3,597    
Dividends declared to common shareholders (332,116)                     (332,116)      
Dividends declared to preferred shareholders (8,042)                     (8,042)      
Distributions declared to noncontrolling interests, excluding amounts attributable to redeemable noncontrolling interests (4,341)                         (4,341)  
Common shares issued, net (in shares)           1,643,845                  
Common shares issued, net $ 172,753         $ 17     172,736            
Shares issued under dividend reinvestment plan (in shares) 19,758         19,758                  
Shares issued under dividend reinvestment plan $ 1,955               1,955            
Share-based compensation expense, net of forfeitures (in shares)           164,553                  
Share-based compensation expense, net of forfeitures 14,434         $ 2     14,432            
Shares withheld for employee taxes (in shares)           (29,031)                  
Shares withheld for employee taxes (2,998)               (2,998)            
Conversion and redemption of downREIT OP units (in shares)             76,786                
Conversion and redemption of downREIT OP units             $ 0     $ 7,474          
Conversion and redemption of downREIT OP units   $ (99)                         $ (7,573)
Contributions from noncontrolling interests, excluding amounts attributable to redeemable noncontrolling interests 6,583                         6,583  
Adjustment to redeemable noncontrolling interests (2,110)               (2,110)            
Ending balance (in shares) at Dec. 31, 2021       405,896   78,603,305                  
Ending 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 amount attributable to redeemable noncontrolling interests 389,048                     385,491   3,557  
Other comprehensive (loss) income - change in value of interest rate swaps, excluding amounts attributable to redeemable noncontrolling interests 7,804                       7,804    
Dividends declared to common shareholders (344,711)                     (344,711)      
Dividends declared to preferred shareholders (8,034)                     (8,034)      
Distributions declared to noncontrolling interests, excluding amounts attributable to redeemable noncontrolling interests (5,007)                         (5,007)  
Common shares issued, net (in shares)           2,634,223                  
Common shares issued, net 306,854         $ 26     306,828            
Exercise of stock options (in shares)           366                  
Exercise of stock options $ 35               35            
Shares issued under dividend reinvestment plan (in shares) 19,502         19,502                  
Shares issued under dividend reinvestment plan $ 2,104               2,104            
Share-based compensation expense, net of forfeitures (in shares)           110,395                  
Share-based compensation expense, net of forfeitures 15,018         $ 2     15,016            
Shares withheld for employee taxes (in shares)           (41,105)                  
Shares withheld for employee taxes (4,900)               (4,900)            
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 and redemption of downREIT OP units (in shares)             14,598                
Conversion and redemption of downREIT OP units             $ 0     1,367          
Conversion and redemption of downREIT OP units   (698)                         (2,065)
Deconsolidation of VIE 972                         972  
Adjustment to redeemable noncontrolling interests 12,382               12,382            
Ending balance (in shares) at Dec. 31, 2022       398,878   81,342,959                  
Ending 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 amount attributable to redeemable noncontrolling interests 239,964                     236,985   2,979  
Other comprehensive (loss) income - change in value of interest rate swaps, excluding amounts attributable to redeemable noncontrolling interests (1,705)                       (1,705)    
Dividends declared to common shareholders (355,241)                     (355,241)      
Dividends declared to preferred shareholders (8,032)                     (8,032)      
Distributions declared to noncontrolling interests, excluding amounts attributable to redeemable noncontrolling interests (4,541)                         (4,541)  
Common shares issued, net (in shares)           1,310,118                  
Common shares issued, net $ 131,729         $ 13     131,716            
Shares issued under dividend reinvestment plan (in shares) 19,847         19,847                  
Shares issued under dividend reinvestment plan $ 1,870               1,870            
Share-based compensation expense, net of forfeitures (in shares)           139,248                  
Share-based compensation expense, net of forfeitures 15,427         $ 2     15,425            
Shares withheld for employee taxes (in shares)           (46,009)                  
Shares withheld for employee taxes (5,019)               (5,019)            
Conversion and redemption of downREIT OP units (in shares)             9,123                
Conversion and redemption of downREIT OP units                   $ 883          
Conversion and redemption of downREIT OP units   $ 0                         $ (883)
Contributions from noncontrolling interests, excluding amounts attributable to redeemable noncontrolling interests 1,092                         1,092  
Adjustment to redeemable noncontrolling interests (7,400)               (7,400)            
Ending balance (in shares) at Dec. 31, 2023       398,878   82,775,286                  
Ending balance at Dec. 31, 2023 $ 3,042,159     $ 159,822   $ 833     $ 3,959,276     $ (1,160,474) $ 4,052 $ 78,650