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Consolidated Statement Of Shareholders' Equity - USD ($)
$ in Thousands
Total
downREIT OP units
Preferred Shares
Common Shares
Common Shares
downREIT OP units
Additional Paid-in Capital
Additional Paid-in Capital
downREIT OP units
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, 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 117,516             115,834   1,682  
Other comprehensive income (loss) - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests (261)               (261)    
Dividends declared to common shareholders (176,064)             (176,064)      
Dividends declared to preferred shareholders (4,016)             (4,016)      
Distributions declared to noncontrolling interests, excluding amounts attributable to redeemable noncontrolling interests (2,202)                 (2,202)  
Common shares issued, net (in shares)       57,096              
Common shares issued, net 6,192     $ 1   6,191          
Shares issued under dividend reinvestment plan (in shares)       9,631              
Shares issued under dividend reinvestment plan 905         905          
Share-based compensation expense, net of forfeitures (in shares)       141,234              
Share-based compensation expense, net of forfeitures 8,130     $ 1   8,129          
Shares withheld for employee taxes (in shares)       (42,932)              
Shares withheld for employee taxes (4,711)         (4,711)          
Conversion and redemption of downREIT OP units (in Shares)         7,523            
Conversion and redemption of downREIT OP units         $ 0   $ 668        
Purchase of noncontrolling interest   $ 0                 $ (668)
Contributions from noncontrolling interests 927                 927  
Ending balance (in shares) at Jun. 30, 2023     398,878 81,515,511              
Ending balance at Jun. 30, 2023 2,980,431   $ 159,822 $ 820   3,832,983   (1,098,432) 5,496 79,742  
Beginning balance (in shares) at Mar. 31, 2023     398,878 81,511,204              
Beginning balance at Mar. 31, 2023 3,004,241   $ 159,822 $ 820   3,828,930   (1,068,892) 4,546 79,015  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income, excluding amounts attributable to redeemable noncontrolling interests 61,453             60,499   954  
Other comprehensive income (loss) - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 950               950    
Dividends declared to common shareholders (88,031)             (88,031)      
Dividends declared to preferred shareholders (2,008)             (2,008)      
Distributions declared to noncontrolling interests, excluding amounts attributable to redeemable noncontrolling interests (1,154)                 (1,154)  
Common shares issued, net (in shares)       32              
Common shares issued, net (59)     $ 0   (59)          
Shares issued under dividend reinvestment plan (in shares)       4,967              
Shares issued under dividend reinvestment plan 482         482          
Share-based compensation expense, net of forfeitures (in shares)       0              
Share-based compensation expense, net of forfeitures 3,696     $ 0   3,696          
Shares withheld for employee taxes (in shares)       (692)              
Shares withheld for employee taxes (66)         (66)          
Contributions from noncontrolling interests 927                 927  
Ending balance (in shares) at Jun. 30, 2023     398,878 81,515,511              
Ending balance at Jun. 30, 2023 2,980,431   $ 159,822 $ 820   3,832,983   (1,098,432) 5,496 79,742  
Beginning balance (in shares) at Dec. 31, 2023     398,878 82,775,286              
Beginning balance at Dec. 31, 2023 3,042,159   $ 159,822 $ 833   3,959,276   (1,160,474) 4,052 78,650  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income, excluding amounts attributable to redeemable noncontrolling interests 169,234             168,718   516  
Other comprehensive income (loss) - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 2,990               2,990    
Dividends declared to common shareholders (181,564)             (181,564)      
Dividends declared to preferred shareholders (4,016)             (4,016)      
Distributions declared to noncontrolling interests, excluding amounts attributable to redeemable noncontrolling interests (1,890)                 (1,890)  
Common shares issued, net (in shares)       700,798              
Common shares issued, net 70,930     $ 7   70,923          
Shares issued under dividend reinvestment plan (in shares)       9,433              
Shares issued under dividend reinvestment plan 847         847          
Share-based compensation expense, net of forfeitures (in shares)       147,382              
Share-based compensation expense, net of forfeitures 8,175     $ 1   8,174          
Shares withheld for employee taxes (in shares)       (46,516)              
Shares withheld for employee taxes (4,686)         (4,686)          
Conversion and redemption of downREIT OP units (in Shares)         4,160            
Conversion and redemption of downREIT OP units         $ 0   427        
Purchase of noncontrolling interest (12,358) (285)       (10,264)       (2,094) (712)
Contributions from noncontrolling interests 725                 725  
Purchase of capped calls (19,448)         (19,448)          
Ending balance (in shares) at Jun. 30, 2024     398,878 83,590,543              
Ending balance at Jun. 30, 2024 3,070,813   $ 159,822 $ 841   4,005,249   (1,177,336) 7,042 75,195  
Beginning balance (in shares) at Mar. 31, 2024     398,878 82,948,600              
Beginning balance at Mar. 31, 2024 2,995,992   $ 159,822 $ 835   3,946,740   (1,196,225) 6,899 77,921  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income, excluding amounts attributable to redeemable noncontrolling interests 112,788             111,982   806  
Other comprehensive income (loss) - change in fair value of interest rate swaps, excluding portion attributable to redeemable noncontrolling interests 143               143    
Dividends declared to common shareholders (91,085)             (91,085)      
Dividends declared to preferred shareholders (2,008)             (2,008)      
Distributions declared to noncontrolling interests, excluding amounts attributable to redeemable noncontrolling interests (1,092)                 (1,092)  
Common shares issued, net (in shares)       637,875              
Common shares issued, net 64,553     $ 6   64,547          
Shares issued under dividend reinvestment plan (in shares)       4,805              
Shares issued under dividend reinvestment plan 492         492          
Share-based compensation expense, net of forfeitures (in shares)       (25)              
Share-based compensation expense, net of forfeitures 3,745     $ 0   3,745          
Shares withheld for employee taxes (in shares)       (712)              
Shares withheld for employee taxes (72)         (72)          
Conversion and redemption of downREIT OP units (in Shares)         0            
Conversion and redemption of downREIT OP units         $ 0   $ 61        
Purchase of noncontrolling interest (12,358) $ (285)       (10,264)       (2,094) $ (346)
Ending balance (in shares) at Jun. 30, 2024     398,878 83,590,543              
Ending balance at Jun. 30, 2024 $ 3,070,813   $ 159,822 $ 841   $ 4,005,249   $ (1,177,336) $ 7,042 $ 75,195