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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 342,469   $ 79 342,390     342,469    
Issuance of Common Stock (in shares)     7,825,000            
Issuance costs (337)     (337)     (337)    
Redemption of AIR Operating Partnership units (3,975)               (3,975)
Conversion of AIR Operating Partnership units, Shares     168,940            
Conversion of AIR Operating Partnership units (2)   $ 1 8,239     8,240   (8,242)
Amortization of share-based compensation cost 5,928     2,953     2,953   2,975
Amortization of share-based compensation cost (in shares)     33,000            
Effect of changes in ownership for consolidated entities (230)     (9,846)     (9,846)   (10,076)
Contribution from noncontrolling interest in consolidated real estate partnerships 6,126             6,126  
Change in accumulated other comprehensive income (loss) (3,251)       (3,039)   (3,039)   (212)
Net income (loss) 75,289         74,740 74,740 (3,417) 3,966
Common Stock dividends (200,327)         (200,327) (200,327)    
Preferred Stock dividends (136)         (136) (136)    
Distributions to noncontrolling interests (19,428)             (8,744) 10,684
Other, net (1,744)   $ 1 (1,584)   (41) (1,624) (120)  
Other, net (in shares)     95,566            
Balances at Sep. 30, 2021 1,508,935 $ 2,000 $ 1,570 3,773,936   (2,257,562) 1,519,944 (68,098) 57,089
Balances (in shares) at Sep. 30, 2021   20 156,983,542            
Balances at Jun. 30, 2021 1,571,756 $ 2,000 $ 1,569 3,773,173   (2,197,843) 1,578,899 (67,531) 60,388
Balances (in shares) at Jun. 30, 2021   20 156,856,952            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance costs (31)     31     31    
Redemption of AIR Operating Partnership units (425)               (425)
Conversion of AIR Operating Partnership units, Shares     125,621            
Conversion of AIR Operating Partnership units     $ 1 6,282     6,283   (6,283)
Amortization of share-based compensation cost 1,401     409     409   992
Effect of changes in ownership for consolidated entities (230)     (5,423)     (5,423)   (5,653)
Contribution from noncontrolling interest in consolidated real estate partnerships 4,128             4,128  
Net income (loss) 9,068         9,378 9,378 (785) 475
Common Stock dividends (69,051)         69,051 69,051    
Preferred Stock dividends (43)         43 43    
Distributions to noncontrolling interests (7,391)             3,910 3,481
Other, net (707)     (474)   (3) (477)   (230)
Other, net (in shares)     969            
Balances at Sep. 30, 2021 1,508,935 $ 2,000 $ 1,570 3,773,936   (2,257,562) 1,519,944 (68,098) 57,089
Balances (in shares) at Sep. 30, 2021   20 156,983,542            
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 (171,711)   $ (41) (171,670)     (171,711)    
Repurchases of Common Stock (in shares)     (4,107,451)            
Redemption of AIR Operating Partnership units (7,423)               (7,423)
Amortization of share-based compensation cost 6,272     3,519     3,519   2,753
Effect of changes in ownership for consolidated entities       (5,404)     (5,404)   (5,404)
Contribution from noncontrolling interest in consolidated real estate partnerships 8,337             8,337  
Change in accumulated other comprehensive income (loss) 49,861       45,948   45,948   3,913
Net income (loss) 611,632         574,864 574,864 (285) 37,053
Purchase of noncontrolling interests in consolidated real estate partnerships (5,409)     (5,529)     (5,529) 120  
Common Stock dividends (210,361)         (210,361) (210,361)    
Distributions to noncontrolling interests (26,969)             (13,561) 13,408
Other, net (1,342) $ (129) $ 1 (910)   (133) (1,171) (72) (243)
Other, net (in shares)   (125) 102,532            
Balances at Sep. 30, 2022 2,192,042 $ 2,000 $ 1,530 3,583,111 45,948 (1,589,409) 2,043,180 (76,200) 225,062
Balances (in shares) at Sep. 30, 2022   20 152,993,448            
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            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Repurchases of Common Stock (46,711)   $ 12 46,699     46,711    
Repurchases of Common Stock (in shares)     1,195,690            
Redemption of AIR Operating Partnership units (3,178)               (3,178)
Amortization of share-based compensation cost 1,821     878     878   943
Effect of changes in ownership for consolidated entities       (2,140)     (2,140)   (2,140)
Contribution from noncontrolling interest in consolidated real estate partnerships 529             529  
Change in accumulated other comprehensive income (loss) 34,940       32,198   32,198   2,742
Net income (loss) 1,794         1,759 1,759 (102) 137
Purchase of noncontrolling interests in consolidated real estate partnerships (5,409)     (5,529)     (5,529) 120  
Common Stock dividends (69,377)         69,377 69,377    
Distributions to noncontrolling interests (10,698)             6,226 4,472
Other, net (494)     (305)   (42) (347) 88 (235)
Other, net (in shares)     1,897            
Balances at Sep. 30, 2022 $ 2,192,042 $ 2,000 $ 1,530 $ 3,583,111 $ 45,948 $ (1,589,409) $ 2,043,180 $ (76,200) $ 225,062
Balances (in shares) at Sep. 30, 2022   20 152,993,448