v3.24.0.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total Shareholders' Equity
Common Shares
Additional Paid in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Noncontrolling Interest in Subsidiaries
Noncontrolling Interests in the Operating Partnership
Total
Balance at Dec. 31, 2020 $ 1,832,216 $ 1,974 $ 2,805,673 $ (632) $ (974,799) $ 8,632   $ 1,840,848
Balance (in shares) at Dec. 31, 2020   197,406            
Balance of Noncontrolling Interests in the Operating Partnership at Dec. 31, 2020             $ 249,414  
Increase (Decrease) in Stockholders' Equity                
Contributions from noncontrolling interest in subsidiaries           11,404   11,404
Distributions paid to noncontrolling interest in subsidiaries           (246)   (246)
Acquisition of noncontrolling interest in subsidiary (2,746)   (2,746)     (651)   (3,397)
Issuance of common shares, net 965,638 $ 205 965,433         965,638
Issuance of common shares, net (in shares)   20,508            
Issuance of restricted shares (in shares)   66            
Conversion from units to shares 305,015 $ 56 304,959       (305,015) 305,015
Conversion from units to shares (in shares)   5,519            
Exercise of stock options 7,865 $ 4 7,861         7,865
Exercise of stock options (in shares)   419            
Amortization of restricted shares 4,941   4,941         4,941
Share compensation expense 2,271   2,271         2,271
Adjustment for noncontrolling interests in the Operating Partnership (164,109)       (164,109)   164,109 (164,109)
Net income (loss) 223,482       223,482 (542)   222,940
Net income (loss)             7,873  
Other comprehensive income (loss), net 62     62       62
Other comprehensive income (loss), net             19  
Common share distributions (303,072)       (303,072)   (8,180) (303,072)
Balance at Dec. 31, 2021 2,871,563 $ 2,239 4,088,392 (570) (1,218,498) 18,597   2,890,160
Balance (in shares) at Dec. 31, 2021   223,918            
Balance of Noncontrolling Interests in the Operating Partnership at Dec. 31, 2021             108,220  
Increase (Decrease) in Stockholders' Equity                
Contributions from noncontrolling interest in subsidiaries           3,690   3,690
Distributions paid to noncontrolling interest in subsidiaries           (7,387)   (7,387)
Issuance of common shares, net 4,877 $ 1 4,876         4,877
Issuance of common shares, net (in shares)   102            
Issuance of restricted shares 1 $ 1           1
Issuance of restricted shares (in shares)   56            
Conversion from units to shares 22,948 $ 4 22,944       (22,948) 22,948
Conversion from units to shares (in shares)   475            
Exercise of stock options 1,590 $ 1 1,589         1,590
Exercise of stock options (in shares)   52            
Amortization of restricted shares 5,134   5,134         5,134
Share compensation expense 2,543   2,543         2,543
Adjustment for noncontrolling interests in the Operating Partnership 27,203       27,203   (27,203) 27,203
Net income (loss) 291,263       291,263 (722)   290,541
Net income (loss)             1,931  
Other comprehensive income (loss), net 79     79       79
Other comprehensive income (loss), net             2  
Common share distributions (400,998)       (400,998)   (2,583) (400,998)
Balance at Dec. 31, 2022 2,826,203 $ 2,246 4,125,478 (491) (1,301,030) 14,178   2,840,381
Balance (in shares) at Dec. 31, 2022   224,603            
Balance of Noncontrolling Interests in the Operating Partnership at Dec. 31, 2022             57,419 57,419
Increase (Decrease) in Stockholders' Equity                
Contributions from noncontrolling interest in subsidiaries           8,699   8,699
Distributions paid to noncontrolling interest in subsidiaries           (316)   (316)
Issuance of common shares, net (276)   (276)         (276)
Issuance of restricted shares (in shares)   48            
Conversion from units to shares 5,042 $ 1 5,041       (5,042) 5,042
Conversion from units to shares (in shares)   126            
Exercise of stock options 2,716 $ 2 2,714         2,716
Exercise of stock options (in shares)   144            
Amortization of restricted shares 6,454   6,454         6,454
Share compensation expense 2,818   2,818         2,818
Adjustment for noncontrolling interests in the Operating Partnership (8,084)       (8,084)   8,084 (8,084)
Net income (loss) 410,757       410,757 (857)   409,900
Net income (loss)             2,535  
Other comprehensive income (loss), net 80     80       80
Other comprehensive income (loss), net             1  
Common share distributions (446,882)       (446,882)   (2,721) (446,882)
Balance at Dec. 31, 2023 $ 2,798,828 $ 2,249 $ 4,142,229 $ (411) $ (1,345,239) $ 21,704   2,820,532
Balance (in shares) at Dec. 31, 2023   224,921            
Balance of Noncontrolling Interests in the Operating Partnership at Dec. 31, 2023             $ 60,276 $ 60,276