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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
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Dividends In Excess Of Earnings
Cumulative Effect, Period of Adoption, Adjustment
Total Stockholders’ Equity
Cumulative Effect, Period of Adoption, Adjusted Balance
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Cumulative Dividends In Excess Of Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Total Stockholders’ Equity
Cumulative Effect, Period of Adoption, Adjusted Balance
Total Noncontrolling Interests
Balance (in shares) at Dec. 31, 2018   477,496                   477,496          
Balance at Dec. 31, 2018 $ 6,512,591 $ 477,496 $ 8,398,847 $ (2,927,196) $ (4,708) $ 5,944,439 $ 568,152 $ 590 [1] $ 590 [1] $ 590 [1] $ 6,513,181 $ 477,496 $ 8,398,847 $ (2,926,606) $ (4,708) $ 5,945,029 $ 568,152
Increase (Decrease) in Stockholders' Equity                                  
Net income (loss) 12,702     2,010   2,010 10,692                    
Other comprehensive income (loss) (515)       (515) (515)                      
Issuance of common stock, net (in shares)   17,272                              
Issuance of common stock, net 509,242 $ 17,272 491,970     509,242                      
Conversion of DownREIT units to common stock (in shares)   184                              
Conversion of DownREIT units to common stock 0 $ 184 3,890     4,074 (4,074)                    
Repurchase of common stock (in shares)   (159)                              
Repurchase of common stock (4,931) $ (159) (4,772)     (4,931)                      
Exercise of stock options (in shares)   55                              
Exercise of stock options 1,435 $ 55 1,380     1,435                      
Amortization of deferred compensation 14,529   14,529     14,529                      
Common dividends (536,660)     (536,660)   (536,660)                      
Distributions to noncontrolling interests (17,724)           (17,724)                    
Issuances of noncontrolling interests 33,318           33,318                    
Purchase of noncontrolling interests (1,218)   (1,079)     (1,079) (139)                    
Balance (in shares) at Sep. 30, 2019   494,848                              
Balance at Sep. 30, 2019 $ 6,523,359 $ 494,848 8,904,765 (3,461,256) (5,223) 5,933,134 590,225                    
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201613Member                                
Balance (in shares) at Dec. 31, 2018   477,496                   477,496          
Balance at Dec. 31, 2018 $ 6,512,591 $ 477,496 8,398,847 (2,927,196) (4,708) 5,944,439 568,152 590 [1] 590 [1] 590 [1] 6,513,181 $ 477,496 8,398,847 (2,926,606) (4,708) 5,945,029 568,152
Balance (in shares) at Dec. 31, 2019   505,222                   505,222          
Balance at Dec. 31, 2019 6,667,474 $ 505,222 9,183,892 (3,601,199) (2,857) 6,085,058 582,416 (1,524) [2] (1,524) [2] (1,524) [2] 6,665,950 $ 505,222 9,183,892 (3,602,723) (2,857) 6,083,534 582,416
Balance (in shares) at Jun. 30, 2019   491,109                              
Balance at Jun. 30, 2019 6,619,272 $ 491,109 8,801,037 (3,233,283) (4,459) 6,054,404 564,868                    
Increase (Decrease) in Stockholders' Equity                                  
Net income (loss) (42,308)     (45,863)   (45,863) 3,555                    
Other comprehensive income (loss) (764)       (764) (764)                      
Issuance of common stock, net (in shares)   3,703                              
Issuance of common stock, net 102,429 $ 3,703 98,726     102,429                      
Repurchase of common stock (in shares)   (10)                              
Repurchase of common stock (349) $ (10) (339)     (349)                      
Exercise of stock options (in shares)   46                              
Exercise of stock options 1,216 $ 46 1,170     1,216                      
Amortization of deferred compensation 4,171   4,171     4,171                      
Common dividends (182,110)     (182,110)   (182,110)                      
Distributions to noncontrolling interests (7,901)           (7,901)                    
Issuances of noncontrolling interests 29,703           29,703                    
Balance (in shares) at Sep. 30, 2019   494,848                              
Balance at Sep. 30, 2019 6,523,359 $ 494,848 8,904,765 (3,461,256) (5,223) 5,933,134 590,225                    
Balance (in shares) at Dec. 31, 2019   505,222                   505,222          
Balance at Dec. 31, 2019 6,667,474 $ 505,222 9,183,892 (3,601,199) (2,857) 6,085,058 582,416 $ (1,524) [2] $ (1,524) [2] $ (1,524) [2] $ 6,665,950 $ 505,222 $ 9,183,892 $ (3,602,723) $ (2,857) $ 6,083,534 $ 582,416
Increase (Decrease) in Stockholders' Equity                                  
Net income (loss) 278,008     267,169   267,169 10,839                    
Other comprehensive income (loss) (379)       (379) (379)                      
Issuance of common stock, net (in shares)   33,248                              
Issuance of common stock, net 1,065,900 $ 33,248 1,032,652     1,065,900                      
Conversion of DownREIT units to common stock (in shares)   120                              
Conversion of DownREIT units to common stock 0 $ 120 3,957     4,077 (4,077)                    
Repurchase of common stock (in shares)   (289)                              
Repurchase of common stock (10,273) $ (289) (9,984)     (10,273)                      
Exercise of stock options (in shares)   54                              
Exercise of stock options 1,806 $ 54 1,752     1,806                      
Amortization of deferred compensation 15,817   15,817     15,817                      
Common dividends (587,596)     (587,596)   (587,596)                      
Distributions to noncontrolling interests (22,925)           (22,925)                    
Balance (in shares) at Sep. 30, 2020   538,355                              
Balance at Sep. 30, 2020 7,406,308 $ 538,355 10,228,086 (3,923,150) (3,236) 6,840,055 566,253                    
Balance (in shares) at Jun. 30, 2020   538,318                              
Balance at Jun. 30, 2020 7,668,721 $ 538,318 10,222,728 (3,660,187) (2,186) 7,098,673 570,048                    
Increase (Decrease) in Stockholders' Equity                                  
Net income (loss) (59,581)     (63,417)   (63,417) 3,836                    
Other comprehensive income (loss) (1,050)       (1,050) (1,050)                      
Issuance of common stock, net (in shares)   47                              
Issuance of common stock, net 511 $ 47 464     511                      
Repurchase of common stock (in shares)   (10)                              
Repurchase of common stock (275) $ (10) (265)     (275)                      
Amortization of deferred compensation 5,159   5,159     5,159                      
Common dividends (199,546)     (199,546)   (199,546)                      
Distributions to noncontrolling interests (7,631)           (7,631)                    
Balance (in shares) at Sep. 30, 2020   538,355                              
Balance at Sep. 30, 2020 $ 7,406,308 $ 538,355 $ 10,228,086 $ (3,923,150) $ (3,236) $ 6,840,055 $ 566,253                    
[1] On January 1, 2019, the Company adopted a series of ASUs related to accounting for leases and recognized the cumulative-effect of adoption to beginning retained earnings. Refer to Note 2 for a detailed impact of adoption.
[2] On January 1, 2020, the Company adopted a series of Accounting Standards Updates (“ASUs”) related to accounting for credit losses and recognized the cumulative-effect of adoption to beginning retained earnings. Refer to Note 2 for a detailed impact of adoption.