XML 21 R6.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS - 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
Beginning balance (in shares) at Dec. 31, 2023     547,156        
Beginning balance at Dec. 31, 2023 $ 6,876,042 $ 6,350,446 $ 547,156 $ 10,405,780 $ (4,621,861) $ 19,371 $ 525,596
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 10,994 6,676     6,676   4,318
Other comprehensive income (loss) 19,172 19,172       19,172  
Shares issued as part of the Merger (in shares)     162,231        
Shares issued as part of the Merger 2,774,147 2,774,147 $ 162,231 2,611,916      
Issuance of common stock, net (in shares)     299        
Issuance of common stock, net 308 308 $ 299 9      
Repurchase of common stock (in shares)     (5,953)        
Repurchase of common stock (101,995) (101,995) $ (5,953) (96,042)      
Stock-based compensation 5,219 1,827   1,827     3,392
Common dividends (164,414) (164,414)     (164,414)    
Distributions to noncontrolling interests (6,995)           (6,995)
Contributions from noncontrolling interests 0            
Noncontrolling interests acquired as part of the Merger 136,727           136,727
Adjustments to redeemable noncontrolling interests (4,554) (4,554)   (4,554)      
Ending balance (in shares) at Mar. 31, 2024     703,733        
Ending balance at Mar. 31, 2024 9,544,651 8,881,613 $ 703,733 12,918,936 (4,779,599) 38,543 663,038
Beginning balance at Dec. 31, 2023 48,828            
Increase (Decrease) in Redeemable Noncontrolling Interests              
Net income (loss) 183            
Distributions to noncontrolling interests (263)            
Contributions from noncontrolling interests 10            
Noncontrolling interests acquired as part of the Merger 1,536            
Adjustments to redeemable noncontrolling interests 4,554            
Ending balance at Mar. 31, 2024 54,848            
Beginning balance (in shares) at Dec. 31, 2024     699,485        
Beginning balance at Dec. 31, 2024 9,055,014 8,401,276 $ 699,485 12,847,252 (5,174,279) 28,818 653,738
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 50,120 42,828     42,828   7,292
Other comprehensive income (loss) (21,891) (21,891)       (21,891)  
Issuance of common stock, net (in shares)     371        
Issuance of common stock, net 254 254 $ 371 (117)      
Conversion of DownREIT units to common stock (in shares)     34        
Conversion of DownREIT units to common stock 0 879 $ 34 845     (879)
Repurchase of common stock (in shares)     (1,278)        
Repurchase of common stock (24,959) (24,959) $ (1,278) (23,681)      
Stock-based compensation 6,186 2,201   2,201     3,985
Common dividends (213,669) (213,669)     (213,669)    
Distributions to noncontrolling interests (10,186)           (10,186)
Adjustments to redeemable noncontrolling interests (11,877) 1,128   1,128     (13,005)
Ending balance (in shares) at Mar. 31, 2025     698,612        
Ending balance at Mar. 31, 2025 8,828,992 $ 8,188,047 $ 698,612 $ 12,827,628 $ (5,345,120) $ 6,927 $ 640,945
Beginning balance at Dec. 31, 2024 2,610            
Increase (Decrease) in Redeemable Noncontrolling Interests              
Net income (loss) (56)            
Distributions to noncontrolling interests (14)            
Adjustments to redeemable noncontrolling interests 11,877            
Ending balance at Mar. 31, 2025 $ 14,417