STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2019

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, 2019, 2018 and 2017 (shares in thousands)

	Common	Preferred Stock
	Stock	Series E	Series F
Balance at December 31, 2016	267,259	2,797	16,196
Issuance/(forfeiture) of common and restricted shares, net	70	—	—
Issuance of common shares through public offering	87	—	—
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership	8	—	—
Conversion of Series E Cumulative Convertible shares	17	(16)	—
Adjustment for conversion of noncontrolling interest of unitholders in the DownREIT Partnership	381	—	—
Forfeiture of Series F shares	—	—	(344)
Balance at December 31, 2017	267,822	2,781	15,852
Issuance/(forfeiture) of common and restricted shares, net	47	—	—
Issuance of common shares upon exercise of stock options	772
Issuance of common shares through public offering	7,150
Repurchase of common shares	(593)
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership	11	—	—
Adjustment for conversion of noncontrolling interest of unitholders in the DownREIT Partnership	337	—	—
Forfeiture of Series F shares	—	—	(50)
Balance at December 31, 2018	275,546	2,781	15,802
Issuance/(forfeiture) of common and restricted shares, net	50	—	—
Issuance of common shares through public offering	7,500	—	—
Issuance of common shares though ATM program	6,988	—	—
Issuance of common shares through forward sales agreement	1,339	—	—
Adjustment for conversion of noncontrolling interest of unitholders in the Operating Partnership	1,969	—	—
Adjustment for conversion of noncontrolling interest of unitholders in the DownREIT Partnership	1,196	—	—
Forfeiture of Series F shares	—	—	(1,111)
Balance at December 31, 2019	294,588	2,781	14,691