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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Total Stockholders’ Equity
Common Stock
Additional Paid-In Capital
Cumulative Dividends In Excess Of Earnings
Accumulated Other Comprehensive Income (Loss)
Total Noncontrolling Interests
Cumulative Effect, Period of Adoption, Adjustment
[1]
Cumulative Effect, Period of Adoption, Adjustment
Total Stockholders’ Equity
[1]
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Dividends In Excess Of Earnings
[1]
Cumulative Effect, Period of Adoption, Adjusted Balance
Cumulative Effect, Period of Adoption, Adjusted Balance
Total Stockholders’ Equity
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 Noncontrolling Interests
Balance (in shares) at Dec. 31, 2019     505,222                   505,222        
Balance at Dec. 31, 2019 $ 6,667,474 $ 6,085,058 $ 505,222 $ 9,183,892 $ (3,601,199) $ (2,857) $ 582,416 $ (1,524) $ (1,524) $ (1,524) $ 6,665,950 $ 6,083,534 $ 505,222 $ 9,183,892 $ (3,602,723) $ (2,857) $ 582,416
Increase (Decrease) in Stockholders' Equity                                  
Accounting standards update us-gaap:AccountingStandardsUpdate201613Member                                
Net income (loss) $ 282,540 279,080     279,080   3,460                    
Other comprehensive income (loss) 362 362       362                      
Issuance of common stock, net (in shares)     33,104                            
Issuance of common stock 1,064,622 1,064,622 $ 33,104 1,031,518                          
Conversion of DownREIT units to common stock (in shares)     23                            
Conversion of DownREIT units to common stock 0 509 $ 23 486     (509)                    
Repurchase of common stock (in shares)     (268)                            
Repurchase of common stock (9,737) (9,737) $ (268) (9,469)                          
Exercise of stock options (in shares)     54                            
Exercise of stock options 1,806 1,806 $ 54 1,752                          
Amortization of stock-based compensation 4,832 4,832   4,832                          
Common dividends (188,500) (188,500)     (188,500)                        
Distributions to noncontrolling interest (8,432)           (8,432)                    
Balance (in shares) at Mar. 31, 2020     538,135                            
Balance at Mar. 31, 2020 7,813,443 7,236,508 $ 538,135 10,213,011 (3,512,143) (2,495) 576,935                    
Balance (in shares) at Dec. 31, 2020     538,405                            
Balance at Dec. 31, 2020 7,344,572 6,788,345 $ 538,405 10,229,857 (3,976,232) (3,685) 556,227                    
Increase (Decrease) in Stockholders' Equity                                  
Net income (loss) 149,423 145,788     145,788   3,635                    
Other comprehensive income (loss) 188 188       188                      
Issuance of common stock, net (in shares)     879                            
Issuance of common stock 1,087 1,087 $ 879 208                          
Repurchase of common stock (in shares)     (398)                            
Repurchase of common stock (12,165) (12,165) $ (398) (11,767)                          
Amortization of stock-based compensation 5,413 5,413   5,413                          
Common dividends (164,118) (164,118)     (164,118)                        
Distributions to noncontrolling interest (7,718)           (7,718)                    
Balance (in shares) at Mar. 31, 2021     538,886                            
Balance at Mar. 31, 2021 $ 7,316,682 $ 6,764,538 $ 538,886 $ 10,223,711 $ (3,994,562) $ (3,497) $ 552,144                    
[1] 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.