v3.24.2
CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Total W.P. Carey Stockholders
$0.001 Par Value Common Stock
Additional Paid-in Capital
Distributions in Excess of Accumulated Earnings
Deferred Compensation Obligation
Accumulated Other Comprehensive Loss
Noncontrolling interests
Beginning equity balance at Dec. 31, 2022 $ 9,008,644 $ 8,993,646 $ 211 $ 11,706,836 $ (2,486,633) $ 57,012 $ (283,780) $ 14,998
Beginning equity balance (in shares) at Dec. 31, 2022     210,620,949          
W.P. Carey Stockholders                
Shares issued upon delivery of vested restricted share awards (13,618) (13,618)   (13,618)        
Shares issued upon delivery of vested restricted share awards (in shares)     193,619          
Shares issued under ATM Program, net 249,863 249,863 $ 3 249,860        
Shares issued under ATM Program, net (in shares)     3,081,867          
Shares issued upon purchases under employee share purchase plan (in shares)     4,735          
Shares issued upon purchases under employee share purchase plan 294 294   294        
Amortization of stock-based compensation expense 16,761 16,761   16,761        
Acquisition of noncontrolling interest 0 1,153   1,153       (1,153)
Delivery (deferral) of deferred vested shares, net 0 0   (4,521)   4,521    
Dividends declared (460,375) (460,375)   2,295 (463,183) 513    
Net income 439,021 439,000     439,000     21
Contributions from noncontrolling interests 2,886             2,886
Distributions to noncontrolling interests (280)             (280)
Other Comprehensive Income (Loss)                
Unrealized gain (loss) on derivative instruments (12,200) (12,200)            
Foreign currency translation adjustments 15,936 16,049         16,049 (113)
Ending equity balance at Jun. 30, 2023 9,246,932 9,230,573 $ 214 11,959,060 (2,510,816) 62,046 (279,931) 16,359
Ending equity balance (in shares) at Jun. 30, 2023     213,901,170          
Beginning equity balance at Mar. 31, 2023 9,319,362 9,301,581 $ 214 11,948,910 (2,425,031) 62,046 (284,558) 17,781
Beginning equity balance (in shares) at Mar. 31, 2023     213,890,620          
W.P. Carey Stockholders                
Shares issued upon delivery of vested restricted share awards (292) (292)   (292)        
Shares issued upon delivery of vested restricted share awards (in shares)     5,815          
Shares issued upon purchases under employee share purchase plan (in shares)     4,735          
Shares issued upon purchases under employee share purchase plan 294 294   294        
Amortization of stock-based compensation expense 8,995 8,995   8,995        
Acquisition of noncontrolling interest 0 1,153   1,153       (1,153)
Dividends declared (230,405) (230,405)     (230,405)      
Net income 144,580 144,620     144,620     (40)
Distributions to noncontrolling interests (144)             (144)
Other Comprehensive Income (Loss)                
Unrealized gain (loss) on derivative instruments (4,937) (4,937)         (4,937)  
Foreign currency translation adjustments 9,479 9,564         9,564 (85)
Ending equity balance at Jun. 30, 2023 9,246,932 9,230,573 $ 214 11,959,060 (2,510,816) 62,046 (279,931) 16,359
Ending equity balance (in shares) at Jun. 30, 2023     213,901,170          
Beginning equity balance at Dec. 31, 2023 $ 8,706,997 8,700,435 $ 219 11,784,461 (2,891,424) 62,046 (254,867) 6,562
Beginning equity balance (in shares) at Dec. 31, 2023 218,671,874   218,671,874          
W.P. Carey Stockholders                
Shares issued upon delivery of vested restricted share awards $ (6,865) (6,865)   (6,865)        
Shares issued upon delivery of vested restricted share awards (in shares)     156,070          
Shares issued upon purchases under employee share purchase plan (in shares)     3,925          
Shares issued upon purchases under employee share purchase plan 198 198   198        
Amortization of stock-based compensation expense 17,759 17,759   17,759        
Delivery (deferral) of deferred vested shares, net 0 0   (14,445)   14,445    
Dividends declared (382,993) (382,993)   1,049 (385,930) 1,888    
Net income 301,940 302,118     302,118     (178)
Contributions from noncontrolling interests 622             622
Distributions to noncontrolling interests (110)             (110)
Other Comprehensive Income (Loss)                
Unrealized gain (loss) on derivative instruments 6,313 6,313         6,313  
Foreign currency translation adjustments (4,362) (4,086)         (4,086) (276)
Ending equity balance at Jun. 30, 2024 $ 8,639,499 8,632,879 $ 219 11,782,157 (2,975,236) 78,379 (252,640) 6,620
Ending equity balance (in shares) at Jun. 30, 2024 218,831,869   218,831,869          
Beginning equity balance at Mar. 31, 2024 $ 8,679,175 8,673,057 $ 219 11,772,948 (2,926,085) 78,491 (252,516) 6,118
Beginning equity balance (in shares) at Mar. 31, 2024     218,823,907          
W.P. Carey Stockholders                
Shares issued upon delivery of vested restricted share awards (4) (4)   (4)        
Shares issued upon delivery of vested restricted share awards (in shares)     4,037          
Shares issued upon purchases under employee share purchase plan (in shares)     3,925          
Shares issued upon purchases under employee share purchase plan 198 198   198        
Amortization of stock-based compensation expense 8,903 8,903   8,903        
Delivery (deferral) of deferred vested shares, net 0     112   (112)    
Dividends declared (192,046) (192,046)     (192,046)      
Net income 142,854 142,895     142,895     (41)
Contributions from noncontrolling interests 622              
Distributions to noncontrolling interests (60)             (60)
Other Comprehensive Income (Loss)                
Unrealized gain (loss) on derivative instruments (119) (119)         (119)  
Foreign currency translation adjustments (24) (5)         (5) (19)
Ending equity balance at Jun. 30, 2024 $ 8,639,499 $ 8,632,879 $ 219 $ 11,782,157 $ (2,975,236) $ 78,379 $ (252,640) $ 6,620
Ending equity balance (in shares) at Jun. 30, 2024 218,831,869   218,831,869