Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Preferred Shares
Common Shares
Additional Paid-in Capital
Distributions In Excess Of Earnings
Accumulated Other Comprehensive (Loss) Income
Noncontrolling Interests
Noncontrolling Interests
OP Units, Subordinated Performance Units, And Series A-1 Preferred Units
Noncontrolling Interests
Series A-1 preferred units
Beginning balances, preferred stock (in shares) at Dec. 31, 2021   8,736,719              
Beginning balances at Dec. 31, 2021 $ 2,482,455 $ 218,418 $ 912 $ 1,866,773 $ (291,263) $ (19,611) $ 707,226    
Beginning balances, common stock (in shares) at Dec. 31, 2021     91,198,929            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Internalization of PRO, net of offering costs 3,217           3,217    
OP units, subordinated performance units and Series A-1 preferred units, net of offering costs 16,576             $ 16,576  
Redemption of Series A-1 preferred units (in shares)   (8,216)              
Redemptions of Series A-1 preferred units 0 $ 205         (205)    
Redemptions of OP units (in shares)     258,477            
Redemptions of Series A-1 preferred units 0   $ 3 4,601   (44) (4,560)    
Effect of changes in ownership for consolidated entities 0     (40,627)   590 40,037    
Equity-based compensation expense 1,544     103     1,441    
Issuance of restricted common shares (in shares)     7,913            
Issuance of restricted common shares 0                
Vesting and forfeitures of restricted common shares, net (in shares)     3,599            
Issuance of restricted common shares (118)     (118)          
Preferred share dividends (3,279)       (3,279)        
Common share dividends (45,710)       (45,710)        
Distributions to noncontrolling interests 33,009           33,009    
Other comprehensive income 43,582         30,799 12,783    
Net income 44,786       25,228   19,558    
Ending balances, preferred stock (in shares) at Mar. 31, 2022   8,744,935              
Ending balances at Mar. 31, 2022 2,510,044 $ 218,623 $ 915 1,830,732 (315,024) 11,734 763,064    
Ending balances, common stock (in shares) at Mar. 31, 2022     91,461,720            
Beginning balances, preferred stock (in shares) at Dec. 31, 2022   9,017,588              
Beginning balances at Dec. 31, 2022 $ 2,389,014 $ 225,439 $ 898 1,777,984 (396,650) 40,530 740,813    
Beginning balances, common stock (in shares) at Dec. 31, 2022 89,842,145   89,842,145            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance of shares, net of offering costs (in shares)   5,668,128              
Issuance of preferred shares $ 113,274 $ 115,212   (1,938)          
Internalization of PRO, net of offering costs 37,257           37,257    
OP units, subordinated performance units and Series A-1 preferred units, net of offering costs 750               $ 750
Redemptions of OP units (in shares)     67,431            
Redemptions of Series A-1 preferred units $ 0   $ 1 1,093   30 (1,124)    
Repurchase of common shares (in shares) (1,622,874,000)   (1,622,874)            
Repurchase of common shares $ (69,311)   $ (16) (69,295)          
Effect of changes in ownership for consolidated entities 0     (18,720)   (1,245) 19,965    
Equity-based compensation expense 1,649     101     1,548    
Issuance of restricted common shares (in shares)     12,417            
Issuance of restricted common shares (89)     (89)          
Vesting and forfeitures of restricted common shares, net (in shares)     2,977            
Issuance of restricted common shares 0                
Preferred share dividends (3,962)       (3,962)        
Common share dividends (48,755)       (48,755)        
Distributions to noncontrolling interests 34,431           34,431    
Other comprehensive income (20,714)         (14,162) (6,552)    
Net income 40,392       28,959   11,433    
Ending balances, preferred stock (in shares) at Mar. 31, 2023   14,685,716              
Ending balances at Mar. 31, 2023 $ 2,405,074 $ 340,651 $ 883 $ 1,689,136 $ (420,408) $ 25,153 $ 769,659    
Ending balances, common stock (in shares) at Mar. 31, 2023 88,296,142   88,296,142