XML 53 R35.htm IDEA: XBRL DOCUMENT v3.20.1
EQUITY STRUCTURE AND ACCOUNTS (Tables)
3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Common stock repurchase activity
The following table is a summary of the Company’s repurchase activity of its Class A common stock during the three months ended March 31, 2020 and 2019 ($ in thousands):

 
 
Shares
 
Amount(1)
 
 
 
 
 
Authorizations remaining as of December 31, 2019
 
 
 
$
41,132

Additional authorizations
 
 
 

Repurchases paid
 
146,153

 
(1,201
)
Repurchases unsettled
 
 
 

Authorizations remaining as of March 31, 2020
 
 
 
$
39,931

 
(1)
Amount excludes commissions paid associated with share repurchases.
 
 
Shares
 
Amount(1)
 
 
 
 
 
Authorizations remaining as of December 31, 2018
 
 
 
$
41,769

Additional authorizations
 
 
 

Repurchases paid
 

 

Repurchases unsettled
 
 
 

Authorizations remaining as of March 31, 2019
 
 
 
$
41,769

 
(1)
Amount excludes commissions paid associated with share repurchases.

Schedule of dividends declared and paid
The following table presents dividends declared (on a per share basis) of Class A common stock for the three months ended March 31, 2020 and 2019:

Declaration Date
 
Dividend per Share
 
 
 
February 27, 2020
 
$
0.340

 
 
$
0.340

 
 
 
February 27, 2019
 
$
0.340

Total
 
$
0.340



Schedule of accumulated other comprehensive Income
The following table presents changes in accumulated other comprehensive income related to the cumulative difference between the fair market value and the amortized cost basis of securities classified as available for sale for the three months ended March 31, 2020 and 2019 ($ in thousands):
 
 
Accumulated Other Comprehensive Income (Loss)
 
Accumulated Other Comprehensive Income (Loss) of Noncontrolling Interests
 
Total Accumulated Other Comprehensive Income (Loss)
 
 
 
 
 
 
 
December 31, 2019
 
$
4,218

 
$
477

 
$
4,695

Other comprehensive income (loss)
 
(70,142
)
 
(7,865
)
 
(78,007
)
Exchange of noncontrolling interest for common stock
 

 

 

Rebalancing of ownership percentage between Company and Operating Partnership
 
4

 
(4
)
 

March 31, 2020
 
$
(65,920
)
 
$
(7,392
)
 
$
(73,312
)

 
 
Accumulated Other Comprehensive Income (Loss)
 
Accumulated Other Comprehensive Income (Loss) of Noncontrolling Interests
 
Total Accumulated Other Comprehensive Income (Loss)
 
 
 
 
 
 
 
December 31, 2018
 
$
(4,649
)
 
$
(588
)
 
$
(5,237
)
Other comprehensive income (loss)
 
11,731

 
1,462

 
13,193

Exchange of noncontrolling interest for common stock
 
(5
)
 
5

 

Rebalancing of ownership percentage between Company and Operating Partnership
 
3

 
(3
)
 

March 31, 2019
 
$
7,080

 
$
876

 
$
7,956