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Shareholders' Equity / Partners' Capital (Tables)
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Preferred Shares Outstanding
As of December 31, 2023 and 2022, the Company had the following series of perpetual preferred shares outstanding (amounts in thousands, except share data):
December 31, 2023December 31, 2022
SeriesIssuance DateEarliest Redemption DateDividend RateOutstanding SharesCurrent Liquidation ValueOutstanding SharesCurrent Liquidation Value
Series G perpetual preferred sharesJuly 17, 2017July 17, 20225.875 %4,600,000 $115,000 4,600,000 $115,000 
Series H perpetual preferred sharesSeptember 19, 2018September 19, 20236.250 %4,600,000 115,000 4,600,000 115,000 
Total preferred shares9,200,000 $230,000 9,200,000 $230,000 
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 OP units.
For the Years Ended December 31,
202320222021
Class A and Class B common shares$0.88 $0.72 $0.40 
6.500% Series D perpetual preferred shares (1)
— — 0.70 
6.350% Series E perpetual preferred shares (2)
— — 0.79 
5.875% Series F perpetual preferred shares (3)
— 0.51 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 1.56 
(1)The 6.500% Series D perpetual preferred shares were redeemed on June 7, 2021 and the distributions for the year ended December 31, 2021 include the accrued and unpaid dividends paid to shareholders as part of the redemption.
(2)The 6.350% Series E perpetual preferred shares were redeemed on June 30, 2021.
(3)The 5.875% Series F perpetual preferred shares were redeemed on May 5, 2022 and the distributions for the year ended December 31, 2022 include the accrued and unpaid dividends paid to shareholders as part of the redemption.