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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, 2018   $ 37,280 $ 3,694 $ 8,935,453 $ 1,261,763 $ (64,986)      
Balance, beginning of year at Dec. 31, 2018               $ 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   37,280 3,705 8,925,882 1,155,032 (75,013)      
Balance, end of period at Mar. 31, 2019               225,081 (5,462)
Balance, beginning of year at Dec. 31, 2019 10,315,506 37,280 3,717 8,965,577 1,386,495 (77,563)      
Balance, beginning of year at Dec. 31, 2019 229,020             227,837 1,183
COMMON SHARES, $0.01 PAR VALUE                  
Conversion of OP Units into Common Shares       1,844          
Exercise of share options     2 11,149          
Employee Share Purchase Plan (ESPP)       869          
Share-based employee compensation expense:                  
Restricted shares     2 4,021          
Share options       670          
ESPP discount       153          
Supplemental Executive Retirement Plan (SERP)       149          
Change in market value of Redeemable Noncontrolling Interests – Operating Partnership (111,449)     111,449          
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (3,440)       3,440  
PAID IN CAPITAL                  
Conversion of OP Units into Common Shares       1,844          
Exercise of share options     2 11,149          
Employee Share Purchase Plan (ESPP)       869          
RETAINED EARNINGS                  
Net income attributable to controlling interests 308,606       308,606        
Common Share distributions         (224,507)        
Preferred Share distributions         (773)        
Accumulated other comprehensive income (loss) - derivative instruments:                  
Unrealized holding gains (losses) arising during the period (967)         (967)      
Losses reclassified into earnings from other comprehensive income (5,634)         5,634      
DISTRIBUTIONS                  
Distributions declared per Common Share outstanding             $ 0.6025    
NONCONTROLLING INTERESTS                  
Issuance of restricted units to Noncontrolling Interests               12  
Conversion of OP Units into Common Shares       1,844          
Equity compensation associated with Noncontrolling Interests               5,067  
Net income 332,671                
Distributions to Noncontrolling Interests               (9,076) (9,315)
Change in carrying value of Redeemable Noncontrolling Interests – Operating Partnership 1,391             (1,391)  
Adjustment for Noncontrolling Interests ownership in Operating Partnership       (3,440)       3,440  
Conversion of OP Units held by Noncontrolling Interests into OP Units held by General Partner               (1,844)  
Net income attributable to Noncontrolling Interests 11,535             11,535 12,530
PARTIALLY OWNED PROPERTIES                  
Net income attributable to Noncontrolling Interests 11,535             11,535 12,530
Contributions by Noncontrolling Interests                 341
Distributions to Noncontrolling Interests               (9,076) (9,315)
Balance, end of period at Mar. 31, 2020 10,530,367 $ 37,280 $ 3,721 $ 9,092,441 $ 1,469,821 $ (72,896)      
Balance, end of period at Mar. 31, 2020 $ 240,319             $ 235,580 $ 4,739