v3.25.2
Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Thousands
Total
Preferred Stock [Member]
Common Stock [Member]
Treasury Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Distributions in Excess of Net Income [Member]
Total Shareholders' Equity [Member]
Noncontrolling Interests Exchangeable Operating Partnership Units [Member]
Noncontrolling Interests in Limited Partners' Interest in Consolidated Partnerships [Member]
Total Noncontrolling Interest [Member]
Beginning Balance at Dec. 31, 2023 $ 7,191,935 $ 225,000 $ 1,846 $ (25,488) $ 8,704,240 $ (1,308) $ (1,871,603) $ 7,032,687 $ 42,195 $ 117,053 $ 159,248
Net income 217,587           212,442 212,442 1,243 3,902 5,145
Other comprehensive income                      
Other comprehensive income before reclassification 11,597         10,942   10,942 66 589 655
Amounts reclassified from accumulated other comprehensive income (loss) (4,807)         (4,499)   (4,499) (27) (281) (308)
Adjustment for noncontrolling interests         (8,694)     (8,694)   8,694 8,694
Deferred compensation plan, net       (1,746) 1,746            
Amortization of equity awards 13,137   2   13,135     13,137      
Tax withholding on stock-based compensation (8,494)       (8,494)     (8,494)      
Common stock repurchased and retired (200,066)   (33)   (200,033)     (200,066)      
Common stock issued under dividend reinvestment plan 324       324     324      
Common stock issued for partnership units exchanged         529     529 (529)   (529)
Contributions from partners 3,001                 3,001 3,001
Distributions to partners (6,254)                 (6,254) (6,254)
Dividends declared - preferred stock/unit (6,826)           (6,826) (6,826)      
Dividends declared - common stock/unit (247,964)           (245,754) (245,754) (2,210)   (2,210)
Ending Balance at Jun. 30, 2024 6,963,170 225,000 1,815 (27,234) 8,502,753 5,135 (1,911,741) 6,795,728 40,738 126,704 167,442
Beginning Balance at Mar. 31, 2024 7,178,019 225,000 1,848 (26,321) 8,703,756 4,465 (1,889,037) 7,019,711 41,606 116,702 158,308
Net income 104,929           102,668 102,668 601 1,660 2,261
Other comprehensive income                      
Other comprehensive income before reclassification 3,123         2,955   2,955 18 150 168
Amounts reclassified from accumulated other comprehensive income (loss) (2,440)         (2,285)   (2,285) (14) (141) (155)
Adjustment for noncontrolling interests         (8,694)     (8,694)   8,694 8,694
Deferred compensation plan, net       (913) 913            
Amortization of equity awards 6,561       6,561     6,561      
Tax withholding on stock-based compensation 84       84     84      
Common stock repurchased and retired (200,066)   (33)   (200,033)     (200,066)      
Common stock issued under dividend reinvestment plan 166       166     166      
Contributions from partners 1,529                 1,529 1,529
Distributions to partners (1,890)                 (1,890) (1,890)
Dividends declared - preferred stock/unit (3,413)           (3,413) (3,413)      
Dividends declared - common stock/unit (123,432)           (121,959) (121,959) (1,473)   (1,473)
Ending Balance at Jun. 30, 2024 6,963,170 225,000 1,815 (27,234) 8,502,753 5,135 (1,911,741) 6,795,728 40,738 126,704 167,442
Beginning Balance at Dec. 31, 2024 6,900,307 225,000 1,814 (28,045) 8,503,227 2,226 (1,980,076) 6,724,146 40,744 135,417 176,161
Net income 220,202           215,608 215,608 1,228 3,366 4,594
Other comprehensive income                      
Other comprehensive income before reclassification (3,655)         (3,435)   (3,435) (27) (193) (220)
Amounts reclassified from accumulated other comprehensive income (loss) (2,760)         (2,579)   (2,579) (14) (167) (181)
Adjustment for noncontrolling interests         2,210     2,210 (2,210)   (2,210)
Deferred compensation plan, net       (2,165) 2,165            
Amortization of equity awards 11,118   2   11,116     11,118      
Tax withholding on stock-based compensation (6,783)       (6,783)     (6,783)      
Repurchase of exchangeable operating partnership units (2,046)               (2,046)   (2,046)
Common stock issued under dividend reinvestment plan 373       373     373      
Contributions from partners 10,626               2,210 8,416 10,626
Distributions to partners (6,130)                 (6,130) (6,130)
Dividends declared - preferred stock/unit (6,826)           (6,826) (6,826)      
Dividends declared - common stock/unit (257,486)           (255,960) (255,960) (1,526)   (1,526)
Ending Balance at Jun. 30, 2025 6,856,940 225,000 1,816 (30,210) 8,512,308 (3,788) (2,027,254) 6,677,872 38,359 140,709 179,068
Beginning Balance at Mar. 31, 2025 6,876,440 225,000 1,815 (29,133) 8,505,489 (1,715) (2,001,878) 6,699,578 40,584 136,278 176,862
Net income 108,349           106,021 106,021 586 1,742 2,328
Other comprehensive income                      
Other comprehensive income before reclassification (1,201)         (1,146)   (1,146) (7) (48) (55)
Amounts reclassified from accumulated other comprehensive income (loss) (1,015)         (927)   (927) (6) (82) (88)
Deferred compensation plan, net       (1,077) 1,077            
Amortization of equity awards 5,570   1   5,569     5,570      
Tax withholding on stock-based compensation (23)       (23)     (23)      
Repurchase of exchangeable operating partnership units (2,046)               (2,046)   (2,046)
Common stock issued under dividend reinvestment plan 196       196     196      
Contributions from partners 5,439                 5,439 5,439
Distributions to partners (2,620)                 (2,620) (2,620)
Dividends declared - preferred stock/unit (3,413)           (3,413) (3,413)      
Dividends declared - common stock/unit (128,736)           (127,984) (127,984) (752)   (752)
Ending Balance at Jun. 30, 2025 $ 6,856,940 $ 225,000 $ 1,816 $ (30,210) $ 8,512,308 $ (3,788) $ (2,027,254) $ 6,677,872 $ 38,359 $ 140,709 $ 179,068