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Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Tables) | 6 Months Ended
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Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Real Estate Properties | The composition of the Company’s investment properties as of June 30, 2020 and December 31, 2019 was as follows:
|  | Balance at
|  | June 30, 2020 |  | December 31, 2019
Investment properties, at cost: |  |  |  |
Land, buildings and improvements |  | $ | 3,050,725 |  |  | $ | 3,038,412 |
Furniture, equipment and other |  | 7,932 |  |  | 7,775 |
Construction in progress |  | 33,425 |  |  | 41,204 |
|  | $ | 3,092,082 |  |  | $ | 3,087,391 |
Lessor, Schedule Of Lease Rental Income | The Company recognized the following lease rental income for the three and six months ended June 30, 2020 and 2019:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Fixed Contractual Lease Payments - Operating Leases | 54,574 |  |  | 63,654 |  |  | 109,918 |  |  | 129,193 |
Variable Lease Payments - Operating Leases | 12,437 |  |  | 14,779 |  |  | 25,388 |  |  | 30,640 |
Bad Debt Reserve | (5,746 | ) |  | (695 | ) |  | (6,593 | ) |  | (1,446 | )
Straight-Line Rent Adjustment | 387 |  |  | 947 |  |  | 745 |  |  | 1,610 |
Straight-Line Rent Reserve for Uncollectibility | (881 | ) |  | — |  |  | (3,757 | ) |  | — |
Amortization of In-Place Lease Liabilities, net | 767 |  |  | 1,110 |  |  | 1,365 |  |  | 2,155 |
Total | 61,538 |  |  | 79,795 |  |  | 127,066 |  |  | 162,152 |
Schedule of Stockholders Equity | The non-redeemable noncontrolling interests in consolidated properties for the six months ended June 30, 2020 and 2019 were as follows:
| 2020 |  | 2019
Noncontrolling interests balance January 1 | $ | 698 |  |  | $ | 698 |
Net income allocable to noncontrolling interests, excluding redeemable noncontrolling interests | — |  |  | — |
Noncontrolling interests balance at June 30 | $ | 698 |  |  | $ | 698 |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net | For the three and six months ended June 30, 2020 and 2019, the weighted average interests of the Parent Company and the limited partners in the Operating Partnership were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Parent Company’s weighted average interest in Operating Partnership | 97.4 | % |  | 97.6 | % |  | 97.4 | % |  | 97.6 | %
Limited partners' weighted average interests in Operating Partnership | 2.6 | % |  | 2.4 | % |  | 2.6 | % |  | 2.4 | %
Redeemable Noncontrolling Interest | The redeemable noncontrolling interests in the Operating Partnership and subsidiaries for the six months ended June 30, 2020 and 2019 were as follows:
| 2020 |  | 2019
Redeemable noncontrolling interests balance January 1 | $ | 52,574 |  |  | $ | 45,743 |
Net income allocable to redeemable noncontrolling interests | 188 |  |  | 372 |
Distributions declared to redeemable noncontrolling interests | (974 | ) |  | (1,586 | )
Other, net including adjustments to redemption value | (7,159 | ) |  | 777 |
Total limited partners' interests in Operating Partnership and other redeemable noncontrolling interests balance at June 30 | $ | 44,629 |  |  | $ | 45,306 |
Limited partners' interests in Operating Partnership | $ | 34,559 |  |  | $ | 53,236 |
Other redeemable noncontrolling interests in certain subsidiaries | 10,070 |  |  | 10,070 |
Total limited partners' interests in Operating Partnership and other redeemable noncontrolling interests balance at June 30 | $ | 44,629 |  |  | $ | 63,306 |

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- Definition The tabular disclosure of the effects of any changes in a parent's ownership interest in a subsidiary on the equity attributable to the parent if the ownership interests in a subsidiary changes during the period. The changes represented by this element did not result in the deconsolidation of the subsidiary. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4M -URI http://asc.fasb.org/extlink&oid=120409616&loc=SL4591554-111686 + Details
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- Definition Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity. + References No definition available. + Details
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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 + Details
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