Summary Of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2019



	December 31,
	2018		2017
Consolidated balance sheets
Cash and cash equivalents	$	37,379	$	114,882
Restricted cash included in
Land and building held for development		1,088		1,088
Consolidated statements of cash flows	$	38,467	$	115,970



	June 30,
	2019		2018
Consolidated balance sheets
Cash and cash equivalents	$	42,046	$	7,214
Restricted cash included in
Land and building held for development		1,088		1,088
Consolidated statements of cash flows	$	43,134	$	8,302



	For The Three Months				For The Six Months
	Ended June 30,				Ended June 30,
	2019		2018		2019		2018
Calculation of net income allocable to common shareholders
Net income	$	49,373	$	102,359	$	95,948	$	173,884
Net (income) loss allocated to
Preferred shareholders based upon distributions		(12,959)		(12,959)		(25,918)		(25,962)
Noncontrolling interests—joint venture		(10)		383		(13)		819
Restricted stock unit holders		(212)		(779)		(480)		(1,353)
Net income allocable to common shareholders
and noncontrolling interests—common units		36,192		89,004		69,537		147,388
Net income allocation to noncontrolling interests—
common units		(7,613)		(18,783)		(14,637)		(31,119)
Net income allocable to common shareholders	$	28,579	$	70,221	$	54,900	$	116,269

Calculation of common partnership units as a percentage of common share equivalents
Weighted average common shares outstanding		27,426		27,322		27,400		27,294
Weighted average common partnership units outstanding		7,305		7,305		7,305		7,305
Total common share equivalents		34,731		34,627		34,705		34,599
Common partnership units as a percentage of common
share equivalents		21.0%		21.1%		21.0%		21.1%

Weighted average common shares outstanding
Basic weighted average common shares outstanding		27,426		27,322		27,400		27,294
Net effect of dilutive stock compensation—based on
treasury stock method using average market price		106		101		105		101
Diluted weighted average common shares outstanding		27,532		27,423		27,505		27,395