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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
PREFERRED SHARES
COMMON SHARES, $0.01 PAR VALUE
PAID IN CAPITAL
RETAINED EARNINGS
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
DISTRIBUTIONS
OPERATING PARTNERSHIP
PARTIALLY OWNED PROPERTIES
Balance, beginning of year at Dec. 31, 2017   $ 37,280 $ 3,680 $ 8,886,586 $ 1,403,530 $ (88,612)      
Balance, beginning of year at Dec. 31, 2017               $ 226,691 $ 4,708
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares       134          
Exercise of share options     1 1,599          
Employee Share Purchase Plan (ESPP)       1,681          
Share-based employee compensation expense:                  
Restricted shares     1 2,622          
Share options       7,338          
ESPP discount       297          
Offering costs       (26)          
Supplemental Executive Retirement Plan (SERP)       83          
Change in market value of Redeemable Noncontrolling Interests – Operating Partnership $ (12,831)     12,831          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (2,839)       2,839  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares       134          
Exercise of share options     1 1,599          
Employee Share Purchase Plan (ESPP)       1,681          
RETAINED EARNINGS                  
Net income attributable to controlling interests 211,809       211,809        
Common Share distributions         (198,928)        
Preferred Share distributions         (773)        
Accumulated other comprehensive income (loss) – derivative instruments:                  
Unrealized holding gains (losses) arising during the period 6,087         6,087      
Losses reclassified into earnings from other comprehensive income (4,791)         4,791      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 0.54    
NONCONTROLLING INTERESTS                  
Issuance of restricted units to Noncontrolling Interests               1  
Conversion of OP Units into Common Shares       134          
Equity compensation associated with Noncontrolling Interests               4,803  
Net income 220,548                
Distributions to Noncontrolling Interests               (7,188) (4,220)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership 443             (443)  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (2,839)       2,839  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (134)  
Net income attributable to Noncontrolling Interests 8,059             8,059 680
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 8,059             8,059 680
Contributions by Noncontrolling Interests                 125
Distributions to Noncontrolling Interests               (7,188) (4,220)
Balance, end of period at Mar. 31, 2018   37,280 3,682 8,910,306 1,415,638 (77,734)      
Balance, end of period at Mar. 31, 2018               234,628 1,293
Balance, beginning of year at Dec. 31, 2018 10,173,204 37,280 3,694 8,935,453 1,261,763 (64,986)      
Balance, beginning of year at Dec. 31, 2018 226,445             228,738 (2,293)
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares     2 4,785          
Exercise of share options     7 29,853          
Employee Share Purchase Plan (ESPP)       1,126          
Share-based employee compensation expense:                  
Restricted shares     2 4,576          
Share options       793          
ESPP discount       267          
Supplemental Executive Retirement Plan (SERP)       (602)          
Change in market value of Redeemable Noncontrolling Interests – Operating Partnership 55,021     (55,021)          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       4,652       (4,652)  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares     2 4,785          
Exercise of share options     7 29,853          
Employee Share Purchase Plan (ESPP)       1,126          
RETAINED EARNINGS                  
Net income attributable to controlling interests 104,539       104,539        
Common Share distributions         (210,497)        
Preferred Share distributions         (773)        
Accumulated other comprehensive income (loss) – derivative instruments:                  
Unrealized holding gains (losses) arising during the period (14,420)         (14,420)      
Losses reclassified into earnings from other comprehensive income (4,393)         4,393      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 0.5675    
NONCONTROLLING INTERESTS                  
Conversion of OP Units into Common Shares     2 4,785          
Equity compensation associated with Noncontrolling Interests               7,903  
Net income 109,257                
Distributions to Noncontrolling Interests               (7,605) (3,968)
Change in carrying value of Redeemable Noncontrolling Interests - Operating Partnership (1,565)             1,565  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       4,652       (4,652)  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (4,787)  
Net income attributable to Noncontrolling Interests 3,919             3,919 799
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 3,919             3,919 799
Distributions to Noncontrolling Interests               (7,605) (3,968)
Balance, end of period at Mar. 31, 2019 10,046,886 $ 37,280 $ 3,705 $ 8,925,882 $ 1,155,032 $ (75,013)      
Balance, end of period at Mar. 31, 2019 $ 219,619             $ 225,081 $ (5,462)