XML 17 R6.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Thousands
Parent
Common Stock
Capital in Excess of Par Value
Cumulative Net Income
Accumulated OCI
Cumulative Distributions
Non-controlling Interests
Total
Balance at beginning of period at Dec. 31, 2022 $ 828,367 $ 412 $ 931,124 $ 1,544,660 $ 8,719 $ (1,656,548) $ 21,940 $ 850,307
Balance (in shares) at Dec. 31, 2022   41,262            
Equity activity                
Issuance of common stock 1,697   1,697         1,697
Issuance of common stock (in shares)   48            
Issuance of restricted stock   $ 1 (1)          
Issuance of restricted stock (in shares)   128            
Common stock cash distributions (23,563)         (23,563)   (23,563)
Stock-based compensation expense 2,088   2,088         2,088
Net income 33,134     33,134     427 33,561
Cash paid for taxes in lieu of common shares (1,538)   (1,538)         (1,538)
Cash paid for taxes in lieu of common shares (in shares)   (41)            
Non-controlling interests contributions             3,831 3,831
Non-controlling interest distributions             (406) (406)
Fair market valuation adjustment for interest rate swap (1,362)       (1,362)     (1,362)
Other (in shares)   (1)            
Balance at end of period at Mar. 31, 2023 838,823 $ 413 933,370 1,577,794 7,357 (1,680,111) 25,792 864,615
Balance (in shares) at Mar. 31, 2023   41,396            
Balance at beginning of period at Dec. 31, 2022 828,367 $ 412 931,124 1,544,660 8,719 (1,656,548) 21,940 850,307
Balance (in shares) at Dec. 31, 2022   41,262            
Equity activity                
Net income               62,792
Balance at end of period at Sep. 30, 2023 825,409 $ 413 937,550 1,606,165 8,596 (1,727,315) 34,974 860,383
Balance (in shares) at Sep. 30, 2023   41,412            
Balance at beginning of period at Dec. 31, 2022 828,367 $ 412 931,124 1,544,660 8,719 (1,656,548) 21,940 850,307
Balance (in shares) at Dec. 31, 2022   41,262            
Balance at end of period at Dec. 31, 2023 881,279 $ 430 991,656 1,634,395 6,110 (1,751,312) 34,988 916,267
Balance (in shares) at Dec. 31, 2023   43,022            
Balance at beginning of period at Mar. 31, 2023 838,823 $ 413 933,370 1,577,794 7,357 (1,680,111) 25,792 864,615
Balance (in shares) at Mar. 31, 2023   41,396            
Equity activity                
Issuance of restricted stock (in shares)   15            
Common stock cash distributions (23,599)         (23,599)   (23,599)
Stock-based compensation expense 2,138   2,138         2,138
Net income 6,174     6,174     430 6,604
Cash paid for taxes in lieu of common shares (81)   (81)         (81)
Cash paid for taxes in lieu of common shares (in shares)   (2)            
Non-controlling interests contributions             9,133 9,133
Non-controlling interest distributions             (406) (406)
Fair market valuation adjustment for interest rate swap 1,211       1,211     1,211
Balance at end of period at Jun. 30, 2023 824,666 $ 413 935,427 1,583,968 8,568 (1,703,710) 34,949 859,615
Balance (in shares) at Jun. 30, 2023   41,409            
Equity activity                
Issuance of restricted stock (in shares)   3            
Common stock cash distributions (23,605)         (23,605)   (23,605)
Stock-based compensation expense 2,123   2,123         2,123
Net income 22,197     22,197     430 22,627
Non-controlling interest distributions             (405) (405)
Fair market valuation adjustment for interest rate swap 28       28     28
Balance at end of period at Sep. 30, 2023 825,409 $ 413 937,550 1,606,165 8,596 (1,727,315) 34,974 860,383
Balance (in shares) at Sep. 30, 2023   41,412            
Balance at beginning of period at Dec. 31, 2023 881,279 $ 430 991,656 1,634,395 6,110 (1,751,312) 34,988 916,267
Balance (in shares) at Dec. 31, 2023   43,022            
Equity activity                
Issuance of common stock 4,337 $ 1 4,336         4,337
Issuance of common stock (in shares)   139            
Issuance of restricted stock   $ 2 (2)          
Issuance of restricted stock (in shares)   160            
Common stock cash distributions (24,616)         (24,616)   (24,616)
Stock-based compensation expense 2,202   2,202         2,202
Net income 24,230     24,230     459 24,689
Cash paid for taxes in lieu of common shares (1,532)   (1,532)         (1,532)
Cash paid for taxes in lieu of common shares (in shares)   (50)            
Non-controlling interests contributions             50 50
Non-controlling interest distributions             (2,904) (2,904)
Fair market valuation adjustment for interest rate swap 378       378     378
Other (29)   (29)         (29)
Balance at end of period at Mar. 31, 2024 886,249 $ 433 996,631 1,658,625 6,488 (1,775,928) 32,593 918,842
Balance (in shares) at Mar. 31, 2024   43,271            
Balance at beginning of period at Dec. 31, 2023 881,279 $ 430 991,656 1,634,395 6,110 (1,751,312) 34,988 916,267
Balance (in shares) at Dec. 31, 2023   43,022            
Equity activity                
Net income               75,289
Balance at end of period at Sep. 30, 2024 947,819 $ 450 1,062,374 1,707,352 3,639 (1,825,996) 93,618 1,041,437
Balance (in shares) at Sep. 30, 2024   45,034            
Balance at beginning of period at Mar. 31, 2024 886,249 $ 433 996,631 1,658,625 6,488 (1,775,928) 32,593 918,842
Balance (in shares) at Mar. 31, 2024   43,271            
Equity activity                
Issuance of common stock 6,521 $ 2 6,519         6,521
Issuance of common stock (in shares)   204            
Issuance of restricted stock (in shares)   16            
Common stock cash distributions (24,787)         (24,787)   (24,787)
Stock-based compensation expense 2,320   2,320         2,320
Net income 19,361     19,361     377 19,738
Non-controlling interests contributions             61,025 61,025
Non-controlling interest distributions             (377) (377)
Fair market valuation adjustment for interest rate swap (523)       (523)     (523)
Other (2)   (2)         (2)
Balance at end of period at Jun. 30, 2024 889,139 $ 435 1,005,468 1,677,986 5,965 (1,800,715) 93,618 982,757
Balance (in shares) at Jun. 30, 2024   43,491            
Equity activity                
Issuance of common stock 54,652 $ 15 54,637         54,652
Issuance of common stock (in shares)   1,543            
Common stock cash distributions (25,281)         (25,281)   (25,281)
Stock-based compensation expense 2,269   2,269         2,269
Net income 29,366     29,366     1,496 30,862
Non-controlling interest distributions             (1,496) (1,496)
Fair market valuation adjustment for interest rate swap (2,326)       (2,326)     (2,326)
Balance at end of period at Sep. 30, 2024 $ 947,819 $ 450 $ 1,062,374 $ 1,707,352 $ 3,639 $ (1,825,996) $ 93,618 $ 1,041,437
Balance (in shares) at Sep. 30, 2024   45,034