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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
Total
Common Stock
Additional Paid-in Capital
Distributions In Excess Of Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest in Joint Ventures
BALANCE at Dec. 31, 2016 $ 641,866,000 $ 3,000 $ 949,318,000 $ (313,655,000) $ 1,995,000 $ 4,205,000
Comprehensive income            
Net income 83,589,000 0 0 83,183,000 0 406,000
Net unrealized change in fair value of interest rate swaps - cash flow hedges 3,353,000 0 0 0 3,353,000 0
Common dividends declared - $2.52, $2.72, and $2.94 per share in 2017, 2018 and 2019, respectively (86,560,000) 0 0 (86,560,000) 0 0
Stock-based compensation, net of forfeitures 7,012,000 0 7,012,000 0 0 0
Issuance of 1,370,457, 1,706,474, and 2,388,342 shares of common stock, common stock offering, net of expenses in 2017, 2018 and 2019, respectively 109,207,000 0 109,207,000 0 0 0
Issuance of 2,744, 1,844, and 1,893 shares of common stock, dividend reinvestment plan in 2017, 2018 and 2019, respectively 228,000 0 228,000 0 0 0
Withheld 33,695, 23,824, and 28,955 shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock in 2017, 2018 and 2019, respectively (2,505,000) 0 (2,505,000) 0 0 0
Purchase of noncontrolling interest in joint venture (4,704,000) 0 (2,107,000) 0 0 (2,597,000)
Distributions to noncontrolling interest (478,000) 0 0 0 0 (478,000)
Contributions from noncontrolling interest 122,000 0 0 0 0 122,000
BALANCE at Dec. 31, 2017 751,130,000 3,000 1,061,153,000 (317,032,000) 5,348,000 1,658,000
Comprehensive income            
Net income 88,636,000 0 0 88,506,000 0 130,000
Net unrealized change in fair value of interest rate swaps - cash flow hedges 1,353,000 0 0 0 1,353,000 0
Common dividends declared - $2.52, $2.72, and $2.94 per share in 2017, 2018 and 2019, respectively (97,667,000) 0 0 (97,667,000) 0 0
Stock-based compensation, net of forfeitures 6,103,000 0 6,103,000 0 0 0
Issuance of 1,370,457, 1,706,474, and 2,388,342 shares of common stock, common stock offering, net of expenses in 2017, 2018 and 2019, respectively 157,319,000 1,000 157,318,000 0 0 0
Issuance of 2,744, 1,844, and 1,893 shares of common stock, dividend reinvestment plan in 2017, 2018 and 2019, respectively 164,000 0 164,000 0 0 0
Withheld 33,695, 23,824, and 28,955 shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock in 2017, 2018 and 2019, respectively (2,055,000) 0 (2,055,000) 0 0 0
Purchase of noncontrolling interest in joint venture (136,000) 0 (136,000) 0 0 0
Distributions to noncontrolling interest (194,000) 0 0 0 0 (194,000)
Contributions from noncontrolling interest 50,000 0 0 0 0 50,000
BALANCE at Dec. 31, 2018 904,703,000 4,000 1,222,547,000 (326,193,000) 6,701,000 1,644,000
Comprehensive income            
Net income 123,340,000 0 0 121,662,000 0 1,678,000
Net unrealized change in fair value of interest rate swaps - cash flow hedges (3,894,000) 0 0 0 (3,894,000) 0
Common dividends declared - $2.52, $2.72, and $2.94 per share in 2017, 2018 and 2019, respectively (111,771,000) 0 0 (111,771,000) 0 0
Stock-based compensation, net of forfeitures 9,374,000 0 9,374,000 0 0 0
Issuance of 1,370,457, 1,706,474, and 2,388,342 shares of common stock, common stock offering, net of expenses in 2017, 2018 and 2019, respectively 284,710,000 0 284,710,000 0 0 0
Issuance of 2,744, 1,844, and 1,893 shares of common stock, dividend reinvestment plan in 2017, 2018 and 2019, respectively 212,000 0 212,000 0 0 0
Withheld 33,695, 23,824, and 28,955 shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock in 2017, 2018 and 2019, respectively (2,788,000) 0 (2,788,000) 0 0 0
Contributions from noncontrolling interest in joint ventures 821,000 0 0 0 0 821,000
Distributions to noncontrolling interest (2,378,000) 0 0 0 0 (2,378,000)
BALANCE at Dec. 31, 2019 $ 1,202,329,000 $ 4,000 $ 1,514,055,000 $ (316,302,000) $ 2,807,000 $ 1,765,000