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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Series C Cumulative Redeemable Preferred Stock
Common stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Loss
Units in the Operating Partnership
Non-controlling Interest—Members in Consolidated Real Estate Entities
Beginning balance at Dec. 31, 2020 $ 3,967,980 $ 0 $ 1,514 $ 3,469,758 $ 0 $ (8,133) $ 37,832 $ 467,009
Beginning balance (in shares) at Dec. 31, 2020     151,401,365          
Increase (Decrease) in Stockholders' Equity                
Contributions 15,016             15,016
Distributions (26,728)             (26,728)
Proceeds from sale of common stock, net transaction costs (in shares)     1,526,163          
Proceeds from sale of common stock, net of transaction costs 44,820   $ 15 44,805        
Issuance of unrestricted stock (in shares)     53,246          
Shares repurchased (in shares)     (632,109)          
Shares repurchased (14,756)   $ (6) (14,750)        
Shares withheld to satisfy tax withholding obligation (in shares)     (29,581)          
Shares withheld to satisfy tax withholding obligations (693)     (693)        
Declared dividend (77,168)     (68,189) (7,851)   (1,128)  
Amortization of stock-based compensation 11,766     4,225     7,541  
Net income (loss) 20,099       7,851   69 12,179
Other comprehensive income (loss) 5,470         5,397 73  
Ending balance at Jun. 30, 2021 3,945,806 0 $ 1,523 3,435,156 0 (2,736) 44,387 467,476
Ending balance (in shares) at Jun. 30, 2021     152,319,084          
Beginning balance at Mar. 31, 2021 3,936,240 0 $ 1,508 3,423,699 0 (5,327) 39,787 476,573
Beginning balance (in shares) at Mar. 31, 2021     150,760,631          
Increase (Decrease) in Stockholders' Equity                
Distributions (14,646)             (14,646)
Proceeds from sale of common stock, net transaction costs (in shares)     1,526,163          
Proceeds from sale of common stock, net of transaction costs 44,820   $ 15 44,805        
Issuance of unrestricted stock (in shares)     33,246          
Shares withheld to satisfy tax withholding obligation (in shares)     (956)          
Declared dividend (38,742)     (35,591) (2,591)   (560)  
Amortization of stock-based compensation 7,349     2,243     5,106  
Net income (loss) 8,159       2,591   19 5,549
Other comprehensive income (loss) 2,626         2,591 35  
Ending balance at Jun. 30, 2021 3,945,806 0 $ 1,523 3,435,156 0 (2,736) 44,387 467,476
Ending balance (in shares) at Jun. 30, 2021     152,319,084          
Beginning balance at Dec. 31, 2021 $ 4,196,992 425,000 $ 1,511 3,317,072 0 (1,761) 52,199 402,971
Beginning balance (in shares) at Dec. 31, 2021 151,124,543   151,124,543          
Ending balance at Mar. 31, 2022 $ 3,943,464 425,000 $ 1,445 3,063,500 0 (676) 55,254 398,941
Ending balance (in shares) at Mar. 31, 2022     144,559,168          
Beginning balance at Dec. 31, 2021 $ 4,196,992 425,000 $ 1,511 3,317,072 0 (1,761) 52,199 402,971
Beginning balance (in shares) at Dec. 31, 2021 151,124,543   151,124,543          
Increase (Decrease) in Stockholders' Equity                
Contributions $ 15,457             15,457
Distributions (49,363)             (49,363)
Transaction costs (214)     (214)        
Issuance of unrestricted stock (in shares)     32,861          
Shares repurchased (in shares)     (2,105,359)          
Shares repurchased (37,206)   $ (21) (37,185)        
Accelerated share repurchase (in shares)     (7,442,709)          
Accelerated share repurchase (200,000)   $ (75) (199,925)        
Declared dividend (83,685) (10,337)   (98,625) 26,635   (1,358)  
Amortization of stock-based compensation 13,111     4,543     8,568  
Net income (loss) (979) 10,337     (26,635)   (323) 15,642
Other comprehensive income (loss) (5,384)         (5,290) (94)  
Ending balance at Jun. 30, 2022 $ 3,848,729 425,000 $ 1,415 2,985,666 0 (7,051) 58,992 384,707
Ending balance (in shares) at Jun. 30, 2022 141,609,336   141,609,336          
Beginning balance at Mar. 31, 2022 $ 3,943,464 425,000 $ 1,445 3,063,500 0 (676) 55,254 398,941
Beginning balance (in shares) at Mar. 31, 2022     144,559,168          
Increase (Decrease) in Stockholders' Equity                
Contributions 12,833             12,833
Distributions (34,148)             (34,148)
Transaction costs (138)     (138)        
Issuance of unrestricted stock (in shares)     24,564          
Shares repurchased (in shares)     (2,105,359)          
Shares repurchased (37,206)   $ 21 (37,185)        
Accelerated share repurchase (in shares)     (869,037)          
Accelerated share repurchase 0   $ (9) 9        
Declared dividend (41,453) (5,047)   (42,863) 7,136   (679)  
Amortization of stock-based compensation 6,966     2,343     4,623  
Net income (loss) 4,899 5,047     (7,136)   (93) 7,081
Other comprehensive income (loss) (6,488)         (6,375) (113)  
Ending balance at Jun. 30, 2022 $ 3,848,729 $ 425,000 $ 1,415 $ 2,985,666 $ 0 $ (7,051) $ 58,992 $ 384,707
Ending balance (in shares) at Jun. 30, 2022 141,609,336   141,609,336