CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands |
Total |
OP Units And Subordinated Performance Units, Net Of Offering Costs |
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
|
Noncontrolling Interests
OP Units And Subordinated Performance Units, Net Of Offering Costs
|
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)
|
|
|
|
|
|
|
|
Vesting and forfeitures of restricted common shares, net |
(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 (loss) |
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, 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] |
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) |
61,424
|
|
|
|
|
|
|
|
|
|
|
Net income |
93,211
|
|
|
|
|
|
|
|
|
|
|
Ending balances, preferred stock (in shares) at Jun. 30, 2022 |
|
|
9,017,588
|
|
|
|
|
|
|
|
|
Ending balances at Jun. 30, 2022 |
2,501,313
|
|
$ 225,439
|
$ 918
|
1,841,880
|
(343,834)
|
24,372
|
752,538
|
|
|
|
Ending balances, common stock (in shares) at Jun. 30, 2022 |
|
|
|
91,755,672
|
|
|
|
|
|
|
|
Beginning balances, preferred stock (in shares) at Mar. 31, 2022 |
|
|
8,744,935
|
|
|
|
|
|
|
|
|
Beginning balances at Mar. 31, 2022 |
2,510,044
|
|
$ 218,623
|
$ 915
|
1,830,732
|
(315,024)
|
11,734
|
763,064
|
|
|
|
Beginning balances, common stock (in shares) at Mar. 31, 2022 |
|
|
|
91,461,720
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
OP units, subordinated performance units and Series A-1 preferred units, net of offering costs |
|
$ 13,938
|
|
|
|
|
|
|
|
|
$ 13,938
|
Redemption of Series A-1 preferred units (in shares) |
|
|
272,653
|
|
|
|
|
|
|
|
|
Redemptions of Series A-1 preferred units |
0
|
|
$ 6,816
|
|
|
|
|
(6,816)
|
|
|
|
Redemptions of OP units (in shares) |
|
|
|
294,573
|
|
|
|
|
|
|
|
Redemptions of Series A-1 preferred units |
0
|
|
|
$ 3
|
5,140
|
|
59
|
(5,202)
|
|
|
|
Effect of changes in ownership for consolidated entities |
0
|
|
|
|
5,924
|
|
(47)
|
(5,877)
|
|
|
|
Equity-based compensation expense |
1,580
|
|
|
|
127
|
|
|
1,453
|
|
|
|
Issuance of restricted common shares (in shares) |
|
|
|
630
|
|
|
|
|
|
|
|
Vesting and forfeitures of restricted common shares, net (in shares) |
|
|
|
(1,251)
|
|
|
|
|
|
|
|
Vesting and forfeitures of restricted common shares, net |
(43)
|
|
|
|
(43)
|
|
|
|
|
|
|
Preferred share dividends |
(3,382)
|
|
|
|
|
(3,382)
|
|
|
|
|
|
Common share dividends |
(50,466)
|
|
|
|
|
(50,466)
|
|
|
|
|
|
Distributions to noncontrolling interests |
(36,625)
|
|
|
|
|
|
|
(36,625)
|
|
|
|
Other comprehensive income (loss) |
17,842
|
|
|
|
|
|
12,626
|
5,216
|
|
|
|
Net income |
48,425
|
|
|
|
|
25,038
|
|
23,387
|
|
|
|
Ending balances, preferred stock (in shares) at Jun. 30, 2022 |
|
|
9,017,588
|
|
|
|
|
|
|
|
|
Ending balances at Jun. 30, 2022 |
2,501,313
|
|
$ 225,439
|
$ 918
|
1,841,880
|
(343,834)
|
24,372
|
752,538
|
|
|
|
Ending balances, common stock (in shares) at Jun. 30, 2022 |
|
|
|
91,755,672
|
|
|
|
|
|
|
|
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)
|
|
|
|
|
|
|
|
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 |
0
|
|
|
|
0
|
|
|
|
|
|
|
Vesting and forfeitures of restricted common shares, net (in shares) |
|
|
|
(2,977)
|
|
|
|
|
|
|
|
Vesting and forfeitures of restricted common shares, net |
(89)
|
|
|
|
(89)
|
|
|
|
|
|
|
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 (loss) |
(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
|
|
|
|
|
|
|
|
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] |
|
|
|
|
|
|
|
|
|
|
|
Repurchase of common shares (in shares) |
(1,622,874,000)
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) |
$ (3,591)
|
|
|
|
|
|
|
|
|
|
|
Net income |
85,868
|
|
|
|
|
|
|
|
|
|
|
Ending balances, preferred stock (in shares) at Jun. 30, 2023 |
|
|
14,685,716
|
|
|
|
|
|
|
|
|
Ending balances at Jun. 30, 2023 |
$ 2,384,401
|
|
$ 340,651
|
$ 886
|
1,692,741
|
(445,813)
|
36,906
|
759,030
|
|
|
|
Ending balances, common stock (in shares) at Jun. 30, 2023 |
88,649,794
|
|
|
88,649,794
|
|
|
|
|
|
|
|
Beginning balances, preferred stock (in shares) at Mar. 31, 2023 |
|
|
14,685,716
|
|
|
|
|
|
|
|
|
Beginning balances at Mar. 31, 2023 |
$ 2,405,074
|
|
$ 340,651
|
$ 883
|
1,689,136
|
(420,408)
|
25,153
|
769,659
|
|
|
|
Beginning balances, common stock (in shares) at Mar. 31, 2023 |
|
|
|
88,296,142
|
|
|
|
|
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
Internalization of PRO, net of offering costs |
5,577
|
|
|
|
|
|
|
5,577
|
|
|
|
Redemptions of OP units (in shares) |
|
|
|
354,936
|
|
|
|
|
|
|
|
Redemptions of Series A-1 preferred units |
0
|
|
|
$ 3
|
5,530
|
|
113
|
(5,646)
|
|
|
|
Effect of changes in ownership for consolidated entities |
0
|
|
|
|
(1,833)
|
|
(18)
|
1,851
|
|
|
|
Equity-based compensation expense |
1,677
|
|
|
|
125
|
|
|
1,552
|
|
|
|
Issuance of restricted common shares (in shares) |
|
|
|
439
|
|
|
|
|
|
|
|
Issuance of restricted common shares |
0
|
|
|
|
0
|
|
|
|
|
|
|
Vesting and forfeitures of restricted common shares, net (in shares) |
|
|
|
(1,723)
|
|
|
|
|
|
|
|
Vesting and forfeitures of restricted common shares, net |
(217)
|
|
|
|
(217)
|
|
|
|
|
|
|
Preferred share dividends |
(5,402)
|
|
|
|
|
(5,402)
|
|
|
|
|
|
Common share dividends |
(49,451)
|
|
|
|
|
(49,451)
|
|
|
|
|
|
Distributions to noncontrolling interests |
(35,456)
|
|
|
|
|
|
|
(35,456)
|
|
|
|
Other comprehensive income (loss) |
17,123
|
|
|
|
|
|
11,658
|
5,465
|
|
|
|
Net income |
45,476
|
|
|
|
|
29,448
|
|
16,028
|
|
|
|
Ending balances, preferred stock (in shares) at Jun. 30, 2023 |
|
|
14,685,716
|
|
|
|
|
|
|
|
|
Ending balances at Jun. 30, 2023 |
$ 2,384,401
|
|
$ 340,651
|
$ 886
|
$ 1,692,741
|
$ (445,813)
|
$ 36,906
|
$ 759,030
|
|
|
|
Ending balances, common stock (in shares) at Jun. 30, 2023 |
88,649,794
|
|
|
88,649,794
|
|
|
|
|
|
|
|