XML 51 R35.htm IDEA: XBRL DOCUMENT v3.20.4
Shareholders' Equity / Partners' Capital (Tables)
12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Schedule of Preferred Shares As of December 31, 2020 and 2019, the Company had the following series of perpetual preferred shares outstanding (in thousands, except share data):
December 31, 2020December 31, 2019
SeriesIssuance DateEarliest Redemption DateDividend RateOutstanding SharesCurrent Liquidation ValueOutstanding SharesCurrent Liquidation Value
Series D perpetual preferred shares5/24/20165/24/20216.500 %10,750,000 $268,750 10,750,000 $268,750 
Series E perpetual preferred shares6/29/20166/29/20216.350 %9,200,000 230,000 9,200,000 230,000 
Series F perpetual preferred shares4/24/20174/24/20225.875 %6,200,000 155,000 6,200,000 155,000 
Series G perpetual preferred shares7/17/20177/17/20225.875 %4,600,000 115,000 4,600,000 115,000 
Series H perpetual preferred shares9/19/20189/19/20236.250 %4,600,000 115,000 4,600,000 115,000 
Total preferred shares35,350,000 $883,750 35,350,000 $883,750 
Schedule Of Distributions Made During Period The Operating Partnership funds the payment of distributions, and the board of trustees declared an equivalent amount of distributions on the corresponding Operating Partnership units.
For the Years Ended December 31,
202020192018
Class A and Class B common shares$0.20 $0.20 $0.20 
5.500% Series C participating preferred shares
— — 0.34 
6.500% Series D perpetual preferred shares
1.63 1.63 1.63 
6.350% Series E perpetual preferred shares
1.59 1.59 1.59 
5.875% Series F perpetual preferred shares
1.47 1.47 1.47 
5.875% Series G perpetual preferred shares
1.47 1.47 1.47 
6.250% Series H perpetual preferred shares
1.56 1.56 0.44 
Noncontrolling Interest The following table summarizes the income or loss allocated to noncontrolling interests as reflected in the Company’s consolidated statements of operations for the years ended December 31, 2020, 2019 and 2018 (in thousands):
For the Years Ended December 31,
202020192018
Net income allocated to Class A units $14,455 $15,221 $4,424 
Net loss allocated to noncontrolling interest in a consolidated subsidiary— — (259)
Total noncontrolling interest$14,455 $15,221 $4,165