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STOCKHOLDERS’ EQUITY (Tables)
12 Months Ended
Dec. 31, 2018
STOCKHOLDERS’ EQUITY  
Schedule of changes in issued and outstanding common and preferred stock

The following table presents the changes in the Company’s issued and outstanding shares of common and preferred stock for the years ended December 31, 2018,  2017 and 2016

 

 

 

 

 

 

 

 

 

Common

 

Preferred Stock

 

 

Stock

 

Series E

 

Series F

Balance at December 31, 2015

    

261,844,521

    

2,796,903

    

16,452,496

Issuance/(forfeiture) of common and restricted shares, net

 

154,656

 

 —

 

 —

Issuance of common shares through public offering

 

5,000,000

 

 —

 

 —

Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership

 

4,685

 

 —

 

 —

Adjustment for conversion of noncontrolling interest of unitholders in the DownREIT Partnership

 

255,607

 

 —

 

 —

Forfeiture of Series F shares

 

 —

 

 —

 

(255,607)

Balance at December 31, 2016

 

267,259,469

 

2,796,903

 

16,196,889

Issuance/(forfeiture) of common and restricted shares, net

 

69,788

 

 —

 

 —

Issuance of common shares upon exercise of stock options

 

86,554

 

 

 

 

Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership

 

7,604

 

 —

 

 —

Conversion of Series E Cumulative Convertible shares

 

17,225

 

(15,909)

 

 

Adjustment for conversion of noncontrolling interest of unitholders in the DownREIT Partnership

 

381,429

 

 —

 

 —

Forfeiture of Series F shares

 

 —

 

 —

 

(344,168)

Balance at December 31, 2017

 

267,822,069

 

2,780,994

 

15,852,721

Issuance/(forfeiture) of common and restricted shares, net

 

47,432

 

 —

 

 —

Issuance of common shares upon exercise of stock options

 

771,715

 

 —

 

 —

Issuance of common shares through public offering

 

7,150,000

 

 —

 

 —

Repurchase of common shares

 

(593,373)

 

 —

 

 —

Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership

 

11,011

 

 —

 

 —

Adjustment for conversion of noncontrolling interest of unitholders in the DownREIT Partnership

 

337,046

 

 —

 

 —

Forfeiture of Series F shares

 

 —

 

 —

 

(50,328)

Balance at December 31, 2018

 

275,545,900

 

2,780,994

 

15,802,393