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Consolidated Statements Of Equity - USD ($) $ in Thousands | Total | Common Shares Of Beneficial Interest | Additional Paid-In Capital | Distributions In Excess Of Net Income | Treasury Stock, Common | Accumulated Other Comprehensive Income (Loss) | Noncontrolling Interests
--- | --- | --- | --- | --- | --- | --- | ---
Equity, Beginning Balance at Dec. 31, 2021 | $ 4,266,255 | $ 1,126 | $ 5,363,530 | $ (829,453) | $ (333,974) | $ (3,739) | $ 68,765
Net Income | 661,508 |  |  | 653,613 |  |  | 7,895
Other comprehensive income | 1,965 |  |  |  |  | 1,965 |
Common shares issued | 516,758 | 30 | 516,728 |  |  |  |
Net share awards | 20,762 |  | 15,999 |  | 4,763 |  |
Employee share purchase plan | 1,850 |  | 1,296 |  | 554 |  |
Conversions/redemptions of operating partnership units | 0 |  | 320 |  |  |  | (320)
Cash distributions declared to equity holders | (411,731) |  |  | (405,692) |  |  | (6,039)
Other | (446) |  | (419) |  | (27) |  |
Equity, Ending Balance at Dec. 31, 2022 | 5,056,921 | 1,156 | 5,897,454 | (581,532) | (328,684) | (1,774) | 70,301
Net Income | 410,553 |  |  | 403,309 |  |  | 7,244
Other comprehensive income | 522 |  |  |  |  | 522 |
Common shares issued | 0 |  |  |  |  |  |
Net share awards | 24,247 |  | 16,552 |  | 7,695 |  |
Employee share purchase plan | 1,812 |  | 1,187 |  | 625 |  |
Conversions/redemptions of operating partnership units | (128) |  | 72 |  |  |  | (200)
Cash distributions declared to equity holders | (441,759) |  |  | (435,428) |  |  | (6,331)
Other | (397) |  | (397) |  |  |  |
Equity, Ending Balance at Dec. 31, 2023 | 5,051,771 | 1,156 | 5,914,868 | (613,651) | (320,364) | (1,252) | 71,014
Net Income | 170,840 |  |  | 163,293 |  |  | 7,547
Other comprehensive income | 2,226 |  |  |  |  | 2,226 |
Common shares issued | 0 |  |  |  |  |  |
Net share awards | 24,143 |  | 14,361 |  | 9,782 |  |
Employee share purchase plan | 2,349 |  | 1,502 |  | 847 |  |
Common shares repurchased | (49,997) |  |  |  | (49,997) |  |
Cash distributions declared to equity holders | (454,143) |  |  | (447,573) |  |  | (6,570)
Other | 0 | 2 | (2) |  |  |  |
Equity, Ending Balance at Dec. 31, 2024 | $ 4,747,189 | $ 1,158 | $ 5,930,729 | $ (897,931) | $ (359,732) | $ 974 | $ 71,991

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- Definition Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481549/505-30-45-1 + Details
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