XML 21 R6.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Equity and Redeemable Non-Controlling Interests - USD ($)
$ in Thousands
Total
Total Stockholders’ Equity
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Cumulative Net Income
Cumulative Dividends
Non-controlling Interests
Beginning balance at Dec. 31, 2022 $ 7,679,818 $ 7,571,076 $ 3,806 $ 9,587,637 $ 2,140 $ 1,307,055 $ (3,329,562) $ 108,742
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock, net of issuance costs 112 112   112        
Common stock redemptions (1,587) (1,587)   (1,587)        
Share-based compensation 11,470 11,470 3 11,467        
Net loss (240,408) (237,728)       (237,728)   (2,680)
Reclassification adjustments for gains included in net income (interest expense) (9,874) (9,757)     (9,757)     (117)
(Losses) gains arising during the period on interest rate swaps 24,999 24,696     24,696     303
Dividends to common stockholders and distributions to non-controlling interest holders (358,942) (354,582)         (354,582) (4,360)
Ending balance at Sep. 30, 2023 7,105,588 7,003,700 3,809 9,597,629 17,079 1,069,327 (3,684,144) 101,888
Redeemable Non-controlling Interests, beginning balance at Dec. 31, 2022 2,014              
Redeemable Non-controlling Interests                
Contributions from redeemable non-controlling interests 1,210              
Adjustments to redemption value of redeemable non-controlling interests (29)              
Redeemable Non-controlling Interests, ending balance at Sep. 30, 2023 3,195              
Beginning balance at Jun. 30, 2023 7,283,417 7,179,399 3,808 9,595,033 9,328 1,137,171 (3,565,941) 104,018
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock, net of issuance costs 33 33   33        
Common stock redemptions 8 8   8        
Share-based compensation 2,556 2,556 1 2,555        
Net loss (68,604) (67,844)       (67,844)   (760)
Reclassification adjustments for gains included in net income (interest expense) (4,168) (4,118)     (4,118)     (50)
(Losses) gains arising during the period on interest rate swaps 12,016 11,869     11,869     147
Dividends to common stockholders and distributions to non-controlling interest holders (119,670) (118,203)         (118,203) (1,467)
Ending balance at Sep. 30, 2023 7,105,588 7,003,700 3,809 9,597,629 17,079 1,069,327 (3,684,144) 101,888
Redeemable Non-controlling Interests, beginning balance at Jun. 30, 2023 2,487              
Redeemable Non-controlling Interests                
Contributions from redeemable non-controlling interests 710              
Adjustments to redemption value of redeemable non-controlling interests (2)              
Redeemable Non-controlling Interests, ending balance at Sep. 30, 2023 3,195              
Beginning balance at Dec. 31, 2023 6,918,914 6,822,662 3,810 9,602,592 (10,741) 1,028,794 (3,801,793) 96,252
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock, net of issuance costs 104 104   104        
Common stock redemptions (138) (138)   (138)        
Conversion of OP Units to common stock 0 3,412 2 3,410       (3,412)
Share-based compensation 14,852 14,852 3 14,849        
Common stock repurchases (423,070) (423,070) (257) (422,813)        
Redemption of non-controlling interest (625)             (625)
Net loss (555,692) (547,639)       (547,639)   (8,053)
Reclassification adjustments for gains included in net income (interest expense) (11,169) (11,012)     (11,012)     (157)
(Losses) gains arising during the period on interest rate swaps 4,839 4,790     4,790     49
Dividends to common stockholders and distributions to non-controlling interest holders (352,543) (348,535)         (348,535) (4,008)
Ending balance at Sep. 30, 2024 5,595,472 5,515,426 3,558 9,198,004 (16,963) 481,155 (4,150,328) 80,046
Redeemable Non-controlling Interests, beginning balance at Dec. 31, 2023 3,868              
Redeemable Non-controlling Interests                
Contributions from redeemable non-controlling interests 13              
Adjustments to redemption value of redeemable non-controlling interests (6)              
Redeemable Non-controlling Interests, ending balance at Sep. 30, 2024 3,875              
Beginning balance at Jun. 30, 2024 5,970,817 5,887,142 3,643 9,340,028 6,986 574,178 (4,037,693) 83,675
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Share-based compensation 7,908 7,908   7,908        
Common stock repurchases (150,017) (150,017) (85) (149,932)        
Redemption of non-controlling interest (625)             (625)
Net loss (94,535) (93,023)       (93,023)   (1,512)
Reclassification adjustments for gains included in net income (interest expense) (3,641) (3,588)     (3,588)     (53)
(Losses) gains arising during the period on interest rate swaps (20,662) (20,361)     (20,361)     (301)
Dividends to common stockholders and distributions to non-controlling interest holders (113,773) (112,635)         (112,635) (1,138)
Ending balance at Sep. 30, 2024 5,595,472 $ 5,515,426 $ 3,558 $ 9,198,004 $ (16,963) $ 481,155 $ (4,150,328) $ 80,046
Redeemable Non-controlling Interests, beginning balance at Jun. 30, 2024 3,875              
Redeemable Non-controlling Interests, ending balance at Sep. 30, 2024 $ 3,875