CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
$ in Thousands |
Total |
Common Stock [Member] |
Additional Paid in Capital [Member] |
Earnings Less than Distributions [Member] |
Accumulated Other Comprehensive (Loss) Income [Member] |
Noncontrolling Interest [Member]
Consolidated Joint Ventures [Member]
|
Noncontrolling Interest [Member]
Consolidated Real Estate Related Funds [Member]
|
Noncontrolling Interest [Member]
Operating Partnership [Member]
|
| Beginning balance at Dec. 31, 2022 |
$ 4,410,766
|
$ 2,165
|
$ 4,186,161
|
$ (644,331)
|
$ 48,296
|
$ 402,118
|
$ 173,375
|
$ 242,982
|
| Common stock, shares outstanding at Dec. 31, 2022 |
|
216,559,000
|
|
|
|
|
|
|
| Net (loss) income |
(99,576)
|
|
|
(54,194)
|
|
15,879
|
(57,412)
|
(3,849)
|
| Common shares issued upon redemption of common units |
|
$ 7
|
11,663
|
|
|
|
|
(11,670)
|
| Common shares issued upon redemption of common units, shares |
|
703,000
|
|
|
|
|
|
|
| Common shares issued under Omnibus share plan, net of shares withheld for taxes |
(205)
|
|
|
(205)
|
|
|
|
|
| Common shares issued under Omnibus share plan, net of shares withheld for taxes, shares |
|
92,000
|
|
|
|
|
|
|
| Dividends and distributions |
(34,655)
|
|
|
(32,047)
|
|
|
|
(2,608)
|
| Contributions from noncontrolling interests |
54,812
|
|
|
|
|
|
54,812
|
|
| Distributions to noncontrolling interests |
(14,855)
|
|
|
|
|
(7,053)
|
(7,802)
|
|
| Change in value of interest rate swaps and interest rate caps |
(17,630)
|
|
|
|
(16,450)
|
|
|
(1,180)
|
| Pro rata share of other comprehensive income (loss) of unconsolidated joint ventures |
(2,703)
|
|
|
|
(2,521)
|
|
|
(182)
|
| Amortization of equity awards |
14,011
|
|
923
|
|
|
|
|
13,088
|
| Reallocation of noncontrolling interest |
|
|
(70,255)
|
|
|
|
|
70,255
|
| Ending balance at Sep. 30, 2023 |
4,309,965
|
$ 2,172
|
4,128,492
|
(730,777)
|
29,325
|
410,944
|
162,973
|
306,836
|
| Common stock, shares outstanding at Sep. 30, 2023 |
|
217,354,000
|
|
|
|
|
|
|
| Beginning balance at Jun. 30, 2023 |
4,348,013
|
$ 2,172
|
4,183,662
|
(714,785)
|
36,431
|
407,647
|
183,988
|
248,898
|
| Common stock, shares outstanding at Jun. 30, 2023 |
|
217,306,000
|
|
|
|
|
|
|
| Net (loss) income |
(25,061)
|
|
|
(8,385)
|
|
4,887
|
(20,934)
|
(629)
|
| Common shares issued upon redemption of common units |
|
|
793
|
|
|
|
|
(793)
|
| Common shares issued upon redemption of common units, shares |
|
50,000
|
|
|
|
|
|
|
| Common shares issued under Omnibus share plan, net of shares withheld for taxes, shares |
|
(2,000)
|
|
|
|
|
|
|
| Dividends and distributions |
(8,357)
|
|
|
(7,607)
|
|
|
|
(750)
|
| Contributions from noncontrolling interests |
1,458
|
|
|
|
|
|
1,458
|
|
| Distributions to noncontrolling interests |
(3,129)
|
|
|
|
|
(1,590)
|
(1,539)
|
|
| Change in value of interest rate swaps and interest rate caps |
(6,105)
|
|
|
|
(5,679)
|
|
|
(426)
|
| Pro rata share of other comprehensive income (loss) of unconsolidated joint ventures |
(1,534)
|
|
|
|
(1,427)
|
|
|
(107)
|
| Amortization of equity awards |
4,680
|
|
299
|
|
|
|
|
4,381
|
| Reallocation of noncontrolling interest |
|
|
(56,262)
|
|
|
|
|
56,262
|
| Ending balance at Sep. 30, 2023 |
4,309,965
|
$ 2,172
|
4,128,492
|
(730,777)
|
29,325
|
410,944
|
162,973
|
306,836
|
| Common stock, shares outstanding at Sep. 30, 2023 |
|
217,354,000
|
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2023 |
$ 4,014,888
|
$ 2,173
|
4,133,801
|
(943,935)
|
11,246
|
413,925
|
110,589
|
287,089
|
| Common stock, shares outstanding at Dec. 31, 2023 |
217,366,089
|
217,366,000
|
|
|
|
|
|
|
| Net (loss) income |
$ 9,668
|
|
|
(7,642)
|
|
18,434
|
(408)
|
(716)
|
| Common shares issued upon redemption of common units |
|
$ 2
|
2,071
|
|
|
|
|
(2,073)
|
| Common shares issued upon redemption of common units, shares |
|
142,000
|
|
|
|
|
|
|
| Common shares issued under Omnibus share plan, net of shares withheld for taxes |
(178)
|
|
|
(178)
|
|
|
|
|
| Common shares issued under Omnibus share plan, net of shares withheld for taxes, shares |
|
11,000
|
|
|
|
|
|
|
| Dividends and distributions |
(16,758)
|
|
|
(15,218)
|
|
|
|
(1,540)
|
| Contributions from noncontrolling interests |
63,109
|
|
|
|
|
62,220
|
889
|
|
| Distributions to noncontrolling interests |
(20,755)
|
|
|
|
|
(2,444)
|
(18,311)
|
|
| Change in value of interest rate swaps and interest rate caps |
(14,241)
|
|
|
|
(13,044)
|
|
|
(1,197)
|
| Pro rata share of other comprehensive income (loss) of unconsolidated joint ventures |
38
|
|
|
|
36
|
|
|
2
|
| Amortization of equity awards |
15,635
|
|
748
|
|
|
|
|
14,887
|
| Reallocation of noncontrolling interest |
|
|
3,807
|
|
|
|
|
(3,807)
|
| Ending balance at Sep. 30, 2024 |
$ 4,051,406
|
$ 2,175
|
4,140,427
|
(966,973)
|
(1,762)
|
492,135
|
92,759
|
292,645
|
| Common stock, shares outstanding at Sep. 30, 2024 |
217,518,587
|
217,519,000
|
|
|
|
|
|
|
| Beginning balance at Jun. 30, 2024 |
$ 4,055,663
|
$ 2,173
|
4,135,472
|
(957,285)
|
1,553
|
485,983
|
93,340
|
294,427
|
| Common stock, shares outstanding at Jun. 30, 2024 |
|
217,455,000
|
|
|
|
|
|
|
| Net (loss) income |
(4,203)
|
|
|
(9,688)
|
|
6,959
|
(581)
|
(893)
|
| Common shares issued upon redemption of common units |
|
$ 2
|
954
|
|
|
|
|
(956)
|
| Common shares issued upon redemption of common units, shares |
|
66,000
|
|
|
|
|
|
|
| Common shares issued under Omnibus share plan, net of shares withheld for taxes, shares |
|
(2,000)
|
|
|
|
|
|
|
| Distributions to noncontrolling interests |
(807)
|
|
|
|
|
(807)
|
|
|
| Change in value of interest rate swaps and interest rate caps |
(3,586)
|
|
|
|
(3,285)
|
|
|
(301)
|
| Pro rata share of other comprehensive income (loss) of unconsolidated joint ventures |
(34)
|
|
|
|
(30)
|
|
|
(4)
|
| Amortization of equity awards |
4,373
|
|
239
|
|
|
|
|
4,134
|
| Reallocation of noncontrolling interest |
|
|
3,762
|
|
|
|
|
(3,762)
|
| Ending balance at Sep. 30, 2024 |
$ 4,051,406
|
$ 2,175
|
$ 4,140,427
|
$ (966,973)
|
$ (1,762)
|
$ 492,135
|
$ 92,759
|
$ 292,645
|
| Common stock, shares outstanding at Sep. 30, 2024 |
217,518,587
|
217,519,000
|
|
|
|
|
|
|