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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-In Capital
Cumulative Dividends In Excess Of Earnings
Accumulated Other Comprehensive Income (Loss)
Total Stockholders’ Equity
Total Noncontrolling Interests
Balance at Dec. 31, 2016 $ 5,941,308 $ 468,081 $ 8,198,890 $ (3,089,734) $ (29,642) $ 5,547,595 $ 393,713
Balance (in shares) at Dec. 31, 2016   468,081          
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 486,278     480,528   480,528 5,750
Other comprehensive income (loss) 2,353       2,353 2,353  
Issuance of common stock, net 13,293 $ 850 12,443     13,293  
Issuance of common stock, net (in shares)   850          
Conversion of DownREIT units to common stock 0 $ 68 2,003     2,071 (2,071)
Conversion of DownREIT units to common stock (in shares)   68          
Repurchase of common stock (4,361) $ (141) (4,220)     (4,361)  
Repurchase of common stock (in shares)   (141)          
Exercise of stock options (in shares)   21          
Exercise of stock options 594 $ 21 573     594  
Amortization of deferred compensation 7,092   7,092     7,092  
Common dividends (347,118)     (347,118)   (347,118)  
Distributions to noncontrolling interest (13,087)   0       (13,087)
Issuances of noncontrolling interest 650           650
Deconsolidation of noncontrolling interest (58,061)   0 0     (58,061)
Balance at Jun. 30, 2017 6,028,941 $ 468,879 8,216,781 (2,956,324) (27,289) 5,702,047 326,894
Balance (in shares) at Jun. 30, 2017   468,879          
Increase (Decrease) in Stockholders' Equity              
Cumulative effect of new accounting principle [1] 79,144     79,144   79,144  
Adjusted balance 5,674,082 $ 469,436 8,226,113 (3,291,376) (24,024) 5,380,149 293,933
Balance at Dec. 31, 2017 5,594,938 $ 469,436 8,226,113 (3,370,520) (24,024) 5,301,005 293,933
Balance (in shares) at Dec. 31, 2017   469,436          
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 136,165     130,174   130,174 5,991
Other comprehensive income (loss) 19,944       19,944 19,944  
Issuance of common stock, net 3,433 $ 511 2,922     3,433  
Issuance of common stock, net (in shares)   511          
Repurchase of common stock (2,778) $ (117) (2,661)     (2,778)  
Repurchase of common stock (in shares)   (117)          
Amortization of deferred compensation 10,218   10,218     10,218  
Common dividends (348,439)     (348,439)   (348,439)  
Distributions to noncontrolling interest (9,466)           (9,466)
Issuances of noncontrolling interest 995           995
Purchase of noncontrolling interest (67,431)   (49,207)     (49,207) (18,224)
Balance at Jun. 30, 2018 $ 5,416,723 $ 469,830 $ 8,187,385 $ (3,509,641) $ (4,080) $ 5,143,494 $ 273,229
Balance (in shares) at Jun. 30, 2018   469,830          
[1] On January 1, 2018, the Company adopted Accounting Standards Update (“ASU”) No. 2017-05, Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets (“ASU 2017-05”), and recognized the cumulative-effect of adoption to beginning retained earnings. Refer to Note 2 for a detailed impact of adoption.