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Organization (Tables)
3 Months Ended
Mar. 31, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Summary of Reconciliation of Noncontrolling Interests

The following is a reconciliation of the Parent Company’s noncontrolling redeemable Operating Partnership Units and the Operating Partnership’s limited partners’ redeemable capital interest for the period:

 

(dollars in thousands)

 

Three Months

Ended

March 31, 2021

 

Beginning balance

 

$

26,446

 

Net income attributable to noncontrolling interest in the

   Operating Partnership

 

 

209

 

Redemption of units

 

 

(59

)

Distributions

 

 

(247

)

Adjustment to redemption value

 

 

2,358

 

Ending balance

 

$

28,707

 

Summary of Disaggregated Revenues

The disaggregated revenues of the Company presented in accordance with ASC Topic 606 “Revenue from Contracts with Customers” are as follows:

 

(dollars in thousands)

 

Three Months

Ended

March 31,

2021

 

 

Three Months

Ended

March 31,

2020

 

Rental income

 

$

150,283

 

 

$

128,907

 

Management and acquisition fee income

 

 

4,590

 

 

 

4,413

 

Revenues related to tenant reinsurance

 

 

12,619

 

 

 

10,138

 

Other

 

 

4,395

 

 

 

3,485

 

Total operating revenues

 

$

171,887

 

 

$

146,943