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Shareholders' Equity, Noncontrolling Interests and Other Comprehensive Loss - Summary of Change in Noncontrolling Interest (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Beginning Balance $ 446,300  
Net (loss) income (6,857) $ 22,002
Capital call receivable (6,153)  
Noncontrolling interest contributions 43,709 31,242
Noncontrolling interest distributions (5,459) (70,868)
Employee Long-term Incentive Plan Unit Awards 4,245 4,885
Ending Balance 465,169  
Noncontrolling Interests    
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Beginning Balance 446,300 489,364
Distributions declared per Common OP Unit (1,453) (1,343)
Net (loss) income (7,572) 10,717
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership (12,913) (631)
Other comprehensive income - unrealized gain on valuation of swap agreements 6,237 (2,261)
Reclassification of realized interest on swap agreements (3,751) (2,720)
City Point Loan accrued interest 0 0
Capital call receivable (6,153)  
Noncontrolling interest contributions 43,709 31,242
Noncontrolling interest distributions (5,459) (70,868)
Employee Long-term Incentive Plan Unit Awards 4,043 3,897
Reallocation of noncontrolling interests [1] 2,181 1,784
Ending Balance 465,169 459,181
Noncontrolling Interests | Noncontrolling Interests in Partially-Owned Affiliates    
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Beginning Balance [2] 346,582 389,810
Distributions declared per Common OP Unit [2] 0 0
Net (loss) income [2] (7,898) 9,800
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership [2] 0 0
Other comprehensive income - unrealized gain on valuation of swap agreements [2] 5,378 (1,347)
Reclassification of realized interest on swap agreements [2] (3,697) (2,675)
City Point Loan accrued interest [2] 0 0
Capital call receivable [2] (6,153)  
Noncontrolling interest contributions [2] 43,709 31,242
Noncontrolling interest distributions [2] (5,459) (70,868)
Employee Long-term Incentive Plan Unit Awards [2] 0 0
Reallocation of noncontrolling interests [1],[2] 0 0
Ending Balance [2] 372,462 355,962
Noncontrolling Interests | Operating Partnership, as General Partner or Managing Member    
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Beginning Balance [3] 99,718 99,554
Distributions declared per Common OP Unit [3] (1,453) (1,343)
Net (loss) income [3] 326 917
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership [3] (12,913) (631)
Other comprehensive income - unrealized gain on valuation of swap agreements [3] 859 (914)
Reclassification of realized interest on swap agreements [3] (54) (45)
City Point Loan accrued interest [3] 0 0
Capital call receivable [3] 0  
Noncontrolling interest contributions [3] 0 0
Noncontrolling interest distributions [3] 0 0
Employee Long-term Incentive Plan Unit Awards [3] 4,043 3,897
Reallocation of noncontrolling interests [1],[3] 2,181 1,784
Ending Balance [3] 92,707 103,219
Redeemable Noncontrolling Interests    
Increase (Decrease) in Stockholders' Equity [Roll Forward]    
Beginning Balance [4] 50,339 67,664
Distributions declared per Common OP Unit [4]   0
Net (loss) income [4] (2,554) (2,075)
Conversion of OP Units to Common Shares by limited partners of the Operating Partnership [4] 0 0
Other comprehensive income - unrealized gain on valuation of swap agreements [4] 0 0
Reclassification of realized interest on swap agreements [4] 0 0
City Point Loan accrued interest [4] (2,323) (2,320)
Capital call receivable [4] 0  
Noncontrolling interest contributions [4] 0 0
Noncontrolling interest distributions [4] 0 0
Employee Long-term Incentive Plan Unit Awards [4] 0 0
Reallocation of noncontrolling interests [1],[4] 0 0
Ending Balance [4] $ 45,462 $ 63,269
[1] Adjustment reflects the difference between the fair value of the consideration received or paid and the book value of the Common Shares, Common OP Units, Preferred OP Units, and LTIP Units involving changes in ownership.
[2] Noncontrolling interests in partially-owned affiliates comprise third-party interests in Funds II, III, IV and V, and Mervyns II, and seven other subsidiaries.
[3] Noncontrolling interests in the Operating Partnership are comprised of (i) the limited partners’ 2,219,958 and 2,864,074 Common OP Units as of March 31, 2024 and 2023, respectively; (ii) 188 Series A Preferred OP Units as of both March 31, 2024 and 2023; (iii) 126,384 and 126,384 Series C Preferred OP Units as of March 31, 2024 and 2023, respectively; and (iv) 4,749,661 and 4,313,047 LTIP units as of March 31, 2024 and 2023, respectively, as discussed in the Amended and Restated 2020 Plan (Note 13). Distributions declared for Preferred OP Units are reflected in net income (loss) in the table above.
[4] Redeemable noncontrolling interests comprise third-party interests that have been granted put rights, as further described below.