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Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Thousands
Total
Perpetual Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Distributions in Excess of Earnings
Total AIR Equity
Noncontrolling Interest in Consolidated Real Estate Partnerships
Common Noncontrolling Interests In AIR Operating Partnerships
Balances at Dec. 31, 2020 $ 1,308,093 $ 2,000 $ 1,489 $ 3,432,121 $ 3,039 $ (2,131,798) $ 1,306,851 $ (61,943) $ 63,185
Balances (in shares) at Dec. 31, 2020   20 148,861,036            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance of Common Stock 342,163   $ 79 342,084     342,163    
Issuance of Common Stock (in shares)     7,825,000            
Issuance costs (306)     (306)     (306)    
Redemption of AIR Operating Partnership units (3,550)               (3,550)
Conversion of AIR Operating Partnership units, Shares     43,319            
Conversion of AIR Operating Partnership units     $ 2 1,957     1,959   (1,959)
Amortization of share-based compensation cost 4,527     2,544     2,544   1,983
Amortization of share-based compensation cost (in shares)     33,000            
Effect of changes in ownership for consolidated entities       (4,423)     (4,423)   4,423
Contribution from noncontrolling interest in consolidated real estate partnerships 1,998             1,998  
Change in accumulated other comprehensive income (loss) (3,251)       (3,039)   (3,039)   (212)
Net income (loss) 66,221         65,362 65,362 (2,632) 3,491
Common Stock dividends (131,276)         (131,276) (131,276)    
Preferred Stock dividends (93)         (93) (93)    
Distributions to noncontrolling interests (12,037)             (4,834) (7,203)
Other, net (733)   $ (1) (804)   (38) (843) (120) 230
Other, net (in shares)     94,597            
Balances at Jun. 30, 2021 1,571,756 $ 2,000 $ 1,569 3,773,173 0 (2,197,843) 1,578,899 (67,531) 60,388
Balances (in shares) at Jun. 30, 2021   20 156,856,952            
Balances at Mar. 31, 2021 1,322,096 $ 2,000 $ 1,490 3,430,694 1,100 (2,112,381) 1,322,903 (64,619) 63,812
Balances (in shares) at Mar. 31, 2021   20 148,974,839            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance of Common Stock 342,163   $ 79 342,084     342,163    
Issuance of Common Stock (in shares)     7,825,000            
Issuance costs (306)     (306)     (306)    
Redemption of AIR Operating Partnership units (327)               (327)
Conversion of AIR Operating Partnership units, Shares     43,363            
Conversion of AIR Operating Partnership units     $ 2 1,957     1,959   (1,959)
Amortization of share-based compensation cost 1,889     629     629   1,260
Effect of changes in ownership for consolidated entities       (1,833)     (1,833)   1,833
Contribution from noncontrolling interest in consolidated real estate partnerships 1,998             1,998  
Change in accumulated other comprehensive income (loss) (1,180)       (1,100)   (1,100)   (80)
Net income (loss) (21,290)         (17,948) (17,948) (2,397) (945)
Common Stock dividends (67,418)         (67,418) (67,418)    
Preferred Stock dividends (43)         (43) (43)    
Distributions to noncontrolling interests (6,868)             (3,432) (3,436)
Other, net 1,042   $ (2) (52)   (53) (107) 919 230
Other, net (in shares)     13,750            
Balances at Jun. 30, 2021 1,571,756 $ 2,000 $ 1,569 3,773,173 0 (2,197,843) 1,578,899 (67,531) 60,388
Balances (in shares) at Jun. 30, 2021   20 156,856,952            
Balances at Dec. 31, 2021 1,939,155 $ 2,129 $ 1,570 3,763,105 0 (1,953,779) 1,813,025 (70,883) 197,013
Balances (in shares) at Dec. 31, 2021   145 156,998,367            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Repurchases of Common Stock (125,000)   $ (29) (124,971)     (125,000)    
Repurchases of Common Stock (in shares)     (2,911,761)            
Redemption of AIR Operating Partnership units (4,245)               (4,245)
Amortization of share-based compensation cost 4,451     2,641     2,641   1,810
Effect of changes in ownership for consolidated entities       (3,264)     (3,264)   3,264
Contribution from noncontrolling interest in consolidated real estate partnerships 7,808             7,808  
Change in accumulated other comprehensive income (loss) 14,921       13,750   13,750   1,171
Net income (loss) 609,838         573,105 573,105 (183) 36,916
Common Stock dividends (140,984)         (140,984) (140,984)    
Distributions to noncontrolling interests (16,271)             (7,335) (8,936)
Other, net (848) $ (129) $ 1 (605)   (91) (824) (16) (8)
Other, net (in shares)   (125) 100,635            
Balances at Jun. 30, 2022 2,288,825 $ 2,000 $ 1,542 3,636,906 13,750 (1,521,749) 2,132,449 (70,609) 226,985
Balances (in shares) at Jun. 30, 2022   20 154,187,241            
Balances at Mar. 31, 2022 2,263,838 $ 2,000 $ 1,571 3,762,457 (783) (1,648,077) 2,117,168 (70,157) 216,827
Balances (in shares) at Mar. 31, 2022   20 157,082,823            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Repurchases of Common Stock (125,000)   $ (29) (124,971)     (125,000)    
Repurchases of Common Stock (in shares)     (2,911,761)            
Redemption of AIR Operating Partnership units (793)               (793)
Amortization of share-based compensation cost 1,701     751     751   950
Effect of changes in ownership for consolidated entities       (578)     (578)   578
Contribution from noncontrolling interest in consolidated real estate partnerships 3,483             3,483  
Change in accumulated other comprehensive income (loss) 15,704       14,533   14,533   1,171
Net income (loss) 210,057         196,927 196,927 381 12,749
Common Stock dividends (70,556)         (70,556) (70,556)    
Distributions to noncontrolling interests (8,677)             (4,188) (4,489)
Other, net (932)     (753)   (43) (796) (128) (8)
Other, net (in shares)     16,179            
Balances at Jun. 30, 2022 $ 2,288,825 $ 2,000 $ 1,542 $ 3,636,906 $ 13,750 $ (1,521,749) $ 2,132,449 $ (70,609) $ 226,985
Balances (in shares) at Jun. 30, 2022   20 154,187,241