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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Series C Cumulative Redeemable Preferred Stock
Common Stock
Additional Paid-in Capital
(Accumulated Deficit) Retained Earnings
Accumulated Other Comprehensive Loss
Units in the Operating Partnership
Members in Consolidated Real Estate Entities
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          
Increase (Decrease) in Stockholders' Equity                
Contributions 23,689             23,689
Distributions (72,346)             (72,346)
Transaction costs (573)     (573)        
Issuance of unrestricted stock (in shares)     234,741          
Issuance of unrestricted stock 0   $ 2 (2)        
Shares withheld to satisfy tax withholding obligations (in shares)     (70,722)          
Shares withheld to satisfy tax withholding obligations $ (695)   $ (1) (694)        
Repurchase of common stock (in shares) (2,100,000)   (2,105,359)          
Repurchase of common stock $ (37,206)   $ (21) (37,185)        
Accelerated repurchase of common stock (in shares)     (8,128,725)          
Accelerated repurchase of common stock (200,000)   $ (82) (199,918)        
Declared dividend (165,858) (20,431)   (198,016) 55,305   (2,716)  
Amortization of stock-based compensation 27,650     9,283     18,367  
Net income (loss) (12,165) 20,431     (55,305)   (709) 23,418
Other comprehensive (loss) income (9,657)         (9,511) (170) 24
Ending balance at Dec. 31, 2022 3,749,831 425,000 $ 1,409 2,889,967 0 (11,272) 66,971 377,756
Ending balance (in shares) at Dec. 31, 2022     141,054,478          
Increase (Decrease) in Stockholders' Equity                
Contributions 26,480             26,480
Distributions (58,973)             (58,973)
Issuance of unrestricted stock (in shares)     232,358          
Issuance of unrestricted stock 0   $ 1 (1)        
Shares withheld to satisfy tax withholding obligations (in shares)     (64,630)          
Shares withheld to satisfy tax withholding obligations $ (606)   $ (1) (605)        
Repurchase of common stock (in shares) (200,000)   (187,400)          
Repurchase of common stock $ (1,369)   $ (6) (1,363)        
Declared dividend (75,148) (20,188)   (244,552) 191,331   (1,739)  
Amortization of stock-based compensation 26,884     8,352     18,532  
Net income (loss) (183,832) 20,188     (191,331)   (3,358) (9,331)
Other comprehensive (loss) income 10,905         11,085 313 (493)
Ending balance at Dec. 31, 2023 $ 3,494,172 425,000 $ 1,403 2,651,798 0 (187) 80,719 335,439
Ending balance (in shares) at Dec. 31, 2023 141,034,806   141,034,806          
Increase (Decrease) in Stockholders' Equity                
Contributions $ 34,056             34,056
Distributions (29,204)             (29,204)
Transaction costs (79)     (79)        
Purchase of non-controlling interest (41,019)     160,499       (201,518)
Issuance of unrestricted stock (in shares)     334,287          
Issuance of unrestricted stock 0   $ 1 (1)        
Consolidation of previously unconsolidated real estate entity 55,593             55,593
Shares withheld to satisfy tax withholding obligations (in shares)     (96,689)          
Shares withheld to satisfy tax withholding obligations $ (571)   $ (1) (570)        
Repurchase of common stock (in shares) 0              
Declared dividend $ (35,565) (20,188)   (378,072) 363,734   (1,039)  
Amortization of stock-based compensation 27,722     3,776     23,946  
Net income (loss) (377,959) 20,188     (363,734)   (9,357) (25,056)
Other comprehensive (loss) income (8,509)         (8,230) (421) 142
Redemption of common units in the operating partnership (in shares)     6,698          
Redemption of common units in the operating partnership 0     133     (133)  
Ending balance at Dec. 31, 2024 $ 3,118,637 $ 425,000 $ 1,403 $ 2,437,484 $ 0 $ (8,417) $ 93,715 $ 169,452
Ending balance (in shares) at Dec. 31, 2024 141,279,102   141,279,102