10-Q Filing

MACERICH CO CIK: 912242 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000912242-21-000014`
Period End Date	20210630
Filing Date	20210806
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	mac-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 80 Cash Flow Statement 94 Stockholders Equity 62 Comprehensive Income 20

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Property, net	`RealEstateInvestmentPropertyNet`	$6.69B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Property, net	`RealEstateInvestmentPropertyNet`	$6.43B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$465.30M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	211.17M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$194.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$497.58M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	149.77M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$14.21M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	149.77M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$10.08M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$69.30M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	211.17M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$17.36M	USD	Point-in-time
Tenant and other receivables, net	`AccountsAndNotesReceivableNet`	$186.25M	USD	Point-in-time
Tenant and other receivables, net	`AccountsAndNotesReceivableNet`	$239.19M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$114.92M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$118.36M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$306.96M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$270.96M	USD	Point-in-time
Due from affiliates	`DueFromAffiliates`	$1.61M	USD	Point-in-time
Due from affiliates	`DueFromAffiliates`	$4.81M	USD	Point-in-time
Investments in unconsolidated joint ventures	`EquityMethodInvestments`	$1.34B	USD	Point-in-time
Investments in unconsolidated joint ventures	`EquityMethodInvestments`	$1.37B	USD	Point-in-time
Total assets	`Assets`	$8.64B	USD	Point-in-time
Total assets	`Assets`	$9.18B	USD	Point-in-time
Mortgage notes payable	`SecuredDebt`	$4.56B	USD	Point-in-time
Mortgage notes payable	`SecuredDebt`	$4.52B	USD	Point-in-time
Bank and other notes payable	`ConvertibleDebtLineOfCreditAndOtherNotesPayable`	$367.02M	USD	Point-in-time
Bank and other notes payable	`ConvertibleDebtLineOfCreditAndOtherNotesPayable`	$1.48B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$68.83M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$51.51M	USD	Point-in-time
Lease liabilities	`OperatingandFinanceLeaseLiability`	$86.20M	USD	Point-in-time
Lease liabilities	`OperatingandFinanceLeaseLiability`	$90.22M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$236.81M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$298.59M	USD	Point-in-time
Distributions in excess of investments in unconsolidated joint ventures	`InvestmentsInUnconsolidatedJointVentures`	$108.38M	USD	Point-in-time
Distributions in excess of investments in unconsolidated joint ventures	`InvestmentsInUnconsolidatedJointVentures`	$124.78M	USD	Point-in-time
Financing arrangement obligation	`FinancingArrangementObligation`	$134.38M	USD	Point-in-time
Financing arrangement obligation	`FinancingArrangementObligation`	$132.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.74B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.52B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 and 250,000,000 shares authorized at June 30, 2021 and December 31, 2020, respectively, and 211,169,654 and 149,770,575 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$2.11M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 and 250,000,000 shares authorized at June 30, 2021 and December 31, 2020, respectively, and 211,169,654 and 149,770,575 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$1.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.44B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.60B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.34B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.47B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.77M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.21M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.97B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.26B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$158.45M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$188.21M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.72B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.83B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.13B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.45B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.69B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.18B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.64B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Leasing revenue	`OperatingLeaseLeaseIncome`	$379.48M	USD	2 Qtrs
Leasing revenue	`OperatingLeaseLeaseIncome`	$376.52M	USD	2 Qtrs
Leasing revenue	`OperatingLeaseLeaseIncome`	$196.99M	USD	1 Quarter
Leasing revenue	`OperatingLeaseLeaseIncome`	$168.75M	USD	1 Quarter
Total revenues	`Revenues`	$178.59M	USD	1 Quarter
Total revenues	`Revenues`	$405.90M	USD	2 Qtrs
Total revenues	`Revenues`	$215.47M	USD	1 Quarter
Total revenues	`Revenues`	$405.54M	USD	2 Qtrs
Leasing expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$14.08M	USD	2 Qtrs
Leasing expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$11.80M	USD	2 Qtrs
Leasing expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$6.65M	USD	1 Quarter
Leasing expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$6.64M	USD	1 Quarter
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$6.68M	USD	1 Quarter
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$8.24M	USD	1 Quarter
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$15.06M	USD	2 Qtrs
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$14.77M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$80.29M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$156.03M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$162.51M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$77.63M	USD	1 Quarter
Total expenses before interest	`CostsAndExpensesBeforeInterestTotal`	$173.62M	USD	1 Quarter
Total expenses before interest	`CostsAndExpensesBeforeInterestTotal`	$352.17M	USD	2 Qtrs
Total expenses before interest	`CostsAndExpensesBeforeInterestTotal`	$356.27M	USD	2 Qtrs
Total expenses before interest	`CostsAndExpensesBeforeInterestTotal`	$168.76M	USD	1 Quarter
Related parties	`InterestIncomeExpenseRelatedParty`	$-2.95M	USD	1 Quarter
Related parties	`InterestIncomeExpenseRelatedParty`	$32.81M	USD	1 Quarter
Related parties	`InterestIncomeExpenseRelatedParty`	$-4.27M	USD	2 Qtrs
Related parties	`InterestIncomeExpenseRelatedParty`	$77.05M	USD	2 Qtrs
Other	`InterestExpenseOther`	$51.96M	USD	1 Quarter
Other	`InterestExpenseOther`	$104.54M	USD	2 Qtrs
Other	`InterestExpenseOther`	$105.16M	USD	2 Qtrs
Other	`InterestExpenseOther`	$52.84M	USD	1 Quarter
Total interest expense	`InterestExpense`	$28.11M	USD	2 Qtrs
Total interest expense	`InterestExpense`	$54.91M	USD	1 Quarter
Total interest expense	`InterestExpense`	$20.03M	USD	1 Quarter
Total interest expense	`InterestExpense`	$108.81M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$188.80M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$228.54M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$380.28M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$465.08M	USD	2 Qtrs
Equity in income (loss) of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$20.04M	USD	1 Quarter
Equity in income (loss) of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$21.95M	USD	2 Qtrs
Equity in income (loss) of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$-14.17M	USD	1 Quarter
Equity in income (loss) of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$-4.47M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-1.79M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$9.35M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-1.52M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$7.11M	USD	1 Quarter
Loss on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-3.93M	USD	1 Quarter
Loss on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-3.87M	USD	1 Quarter
Loss on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-40.57M	USD	2 Qtrs
Loss on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-25.21M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-18.00M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-4.06M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-26.73M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-71.79M	USD	2 Qtrs
Less net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.70M	USD	1 Quarter
Less net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.61M	USD	1 Quarter
Less net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-402.00K	USD	2 Qtrs
Less net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.58M	USD	2 Qtrs
Net loss attributable to the Company	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-11.77M	USD	1 Quarter
Net loss attributable to the Company	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-25.12M	USD	1 Quarter
Net loss attributable to the Company	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-75.37M	USD	2 Qtrs
Net loss attributable to the Company	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-17.59M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.42	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.18	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.42	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.18	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.06	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	205.76M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	142.77M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	182.30M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	144.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	142.77M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	144.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	205.76M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	182.30M	shares	2 Qtrs

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-18.00M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-4.06M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-26.73M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-71.79M	USD	2 Qtrs
Loss on sale or write down of assets, net	`GainLossonSaleorWriteDownofAssets`	$-40.57M	USD	2 Qtrs
Loss on sale or write down of assets, net	`GainLossonSaleorWriteDownofAssets`	$-25.21M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$165.75M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$162.60M	USD	2 Qtrs
Amortization of premium on mortgage notes payable	`AmortizationOfDebtDiscountPremium`	-	USD	2 Qtrs
Amortization of premium on mortgage notes payable	`AmortizationOfDebtDiscountPremium`	$-464.00K	USD	2 Qtrs
Amortization of share and unit-based plans	`ShareBasedCompensation`	$7.46M	USD	2 Qtrs
Amortization of share and unit-based plans	`ShareBasedCompensation`	$7.49M	USD	2 Qtrs
Straight-line rent and amortization of above and below market leases	`StraightLineRentAdjustmentsandAmortizationofaboveandbelowMarketLeases`	$-1.35M	USD	2 Qtrs
Straight-line rent and amortization of above and below market leases	`StraightLineRentAdjustmentsandAmortizationofaboveandbelowMarketLeases`	$11.32M	USD	2 Qtrs
(Recovery of) provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-5.91M	USD	2 Qtrs
(Recovery of) provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$28.69M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.79M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$9.35M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.52M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$7.11M	USD	1 Quarter
Equity in (income) loss of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$20.04M	USD	1 Quarter
Equity in (income) loss of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$21.95M	USD	2 Qtrs
Equity in (income) loss of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$-14.17M	USD	1 Quarter
Equity in (income) loss of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$-4.47M	USD	2 Qtrs
Change in fair value of financing arrangement obligation	`LiabilitiesFairValueAdjustment`	$2.30M	USD	2 Qtrs
Change in fair value of financing arrangement obligation	`LiabilitiesFairValueAdjustment`	$81.29M	USD	2 Qtrs
Tenant and other receivables	`IncreaseDecreaseInAccountsReceivable`	$-81.17M	USD	2 Qtrs
Tenant and other receivables	`IncreaseDecreaseInAccountsReceivable`	$121.65M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-9.48M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$10.55M	USD	2 Qtrs
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	$5.27M	USD	2 Qtrs
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	$3.20M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$13.04M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-15.43M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-37.74M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-50.35M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$113.03M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-15.38M	USD	2 Qtrs
Development, redevelopment, expansion and renovation of properties	`PaymentsToAcquireDevelopRedevelopExpansionAndRenovationRealEstate`	$35.78M	USD	2 Qtrs
Development, redevelopment, expansion and renovation of properties	`PaymentsToAcquireDevelopRedevelopExpansionAndRenovationRealEstate`	$35.56M	USD	2 Qtrs
Property improvements	`PaymentsToDevelopRealEstateAssets`	$16.11M	USD	2 Qtrs
Property improvements	`PaymentsToDevelopRealEstateAssets`	$15.79M	USD	2 Qtrs
Proceeds from repayment of notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$1.30M	USD	2 Qtrs
Proceeds from repayment of notes receivable	`ProceedsFromCollectionOfNotesReceivable`	-	USD	2 Qtrs
Deferred leasing costs	`IncreaseDecreaseInDeferredLeasingFees`	$1.18M	USD	2 Qtrs
Deferred leasing costs	`IncreaseDecreaseInDeferredLeasingFees`	$1.58M	USD	2 Qtrs
Distributions from unconsolidated joint ventures	`DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther`	$45.98M	USD	2 Qtrs
Distributions from unconsolidated joint ventures	`DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther`	$24.14M	USD	2 Qtrs
Contributions to unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$80.41M	USD	2 Qtrs
Contributions to unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$39.49M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet`	$331.00K	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet`	$149.99M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$104.94M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-109.09M	USD	2 Qtrs
Proceeds from mortgages, bank and other notes payable	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$660.00M	USD	2 Qtrs
Proceeds from mortgages, bank and other notes payable	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$495.00M	USD	2 Qtrs
Payments on mortgages, bank and other notes payable	`RepaymentsOfLongTermDebt`	$16.14M	USD	2 Qtrs
Payments on mortgages, bank and other notes payable	`RepaymentsOfLongTermDebt`	$1.63B	USD	2 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	$189.00K	USD	2 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	$22.23M	USD	2 Qtrs
Proceeds from finance lease	`ProceedsFromFinanceLease`	-	USD	2 Qtrs
Proceeds from finance lease	`ProceedsFromFinanceLease`	$4.12M	USD	2 Qtrs
Payments on finance leases	`FinanceLeasePrincipalPayments`	$1.10M	USD	2 Qtrs
Payments on finance leases	`FinanceLeasePrincipalPayments`	$289.00K	USD	2 Qtrs
Net proceeds from stock offerings	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Net proceeds from stock offerings	`ProceedsFromIssuanceOfCommonStock`	$791.42M	USD	2 Qtrs
Proceeds from share and unit-based plans	`ProceedsFromStockPlans`	$595.00K	USD	2 Qtrs
Proceeds from share and unit-based plans	`ProceedsFromStockPlans`	$852.00K	USD	2 Qtrs
Redemption of noncontrolling interests	`PaymentsToMinorityShareholders`	$18.00K	USD	2 Qtrs
Redemption of noncontrolling interests	`PaymentsToMinorityShareholders`	$1.00K	USD	2 Qtrs
Contribution from noncontrolling interests	`ProceedsFromMinorityShareholders`	$125.00K	USD	2 Qtrs
Contribution from noncontrolling interests	`ProceedsFromMinorityShareholders`	$124.00K	USD	2 Qtrs
Dividends and distributions	`PaymentsOfDividendsCommonStock`	$130.54M	USD	2 Qtrs
Dividends and distributions	`PaymentsOfDividendsCommonStock`	$68.54M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$517.92M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-437.30M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-219.33M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$393.45M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$482.66M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$114.22M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$263.33M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$507.66M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$482.66M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$114.22M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$263.33M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$507.66M	USD	Point-in-time
Cash payments for interest, net of amounts capitalized	`InterestPaidNet`	$113.48M	USD	2 Qtrs
Cash payments for interest, net of amounts capitalized	`InterestPaidNet`	$100.24M	USD	2 Qtrs
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities	`ConstructionInProgressExpendituresIncurredButNotYetPaid`	$20.56M	USD	2 Qtrs
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities	`ConstructionInProgressExpendituresIncurredButNotYetPaid`	$22.38M	USD	2 Qtrs
Conversion of Operating Partnership Units to common stock	`ConversionOfStockAmountConverted1`	$11.68M	USD	2 Qtrs
Conversion of Operating Partnership Units to common stock	`ConversionOfStockAmountConverted1`	$22.22M	USD	2 Qtrs
Accrued receivable of net proceeds from stock offering	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$14.63M	USD	Point-in-time
Accrued receivable of net proceeds from stock offering	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	-	USD	Point-in-time

Stockholders Equity 62 line items

Line Item	Tag	Value	Unit	Period
Distributions declared, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	2 Qtrs
Distributions declared, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.15	USD	1 Quarter
Distributions declared, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	1 Quarter
Distributions declared, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	Point-in-time
Distributions declared, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.85	USD	2 Qtrs
Beginning balance (in shares)	`CommonStockSharesIssued`	211.17M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	149.77M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.72B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.83B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.13B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.45B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.69B	USD	Point-in-time
Net (loss) income	`ProfitLoss`	$-18.00M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-4.06M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-26.73M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-71.79M	USD	2 Qtrs
Interest rate cap/swap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.75M	USD	1 Quarter
Interest rate cap/swap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.74M	USD	1 Quarter
Interest rate cap/swap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-4.65M	USD	2 Qtrs
Interest rate cap/swap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$5.43M	USD	2 Qtrs
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$9.36M	USD	2 Qtrs
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.21M	USD	1 Quarter
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.33M	USD	1 Quarter
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$9.81M	USD	2 Qtrs
Employee stock purchases	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$595.00K	USD	1 Quarter
Employee stock purchases	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$595.00K	USD	2 Qtrs
Employee stock purchases	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$852.00K	USD	1 Quarter
Employee stock purchases	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$852.00K	USD	2 Qtrs
Stock offerings, net	`StockIssuedDuringPeriodValueNewIssues`	$167.91M	USD	1 Quarter
Stock offerings, net	`StockIssuedDuringPeriodValueNewIssues`	$806.05M	USD	2 Qtrs
Distributions declared	`DividendsCommonStockCash`	$120.48M	USD	2 Qtrs
Distributions declared	`DividendsCommonStockCash`	$14.28M	USD	1 Quarter
Distributions declared	`DividendsCommonStockCash`	$31.02M	USD	1 Quarter
Distributions declared	`DividendsCommonStockCash`	$54.35M	USD	2 Qtrs
Stock dividend	`DividendsStock`	-	USD	1 Quarter
Stock dividend	`DividendsStock`	-	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$14.19M	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.59M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$10.86M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$10.06M	USD	2 Qtrs
Contributions from noncontrolling interests	`NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterests`	$125.00K	USD	2 Qtrs
Contributions from noncontrolling interests	`NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterests`	$-1.00K	USD	1 Quarter
Contributions from noncontrolling interests	`NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterests`	$576.00K	USD	2 Qtrs
Conversion of noncontrolling interests to common shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	1 Quarter
Conversion of noncontrolling interests to common shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	2 Qtrs
Conversion of noncontrolling interests to common shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	2 Qtrs
Redemption of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$16.00K	USD	1 Quarter
Redemption of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$18.00K	USD	2 Qtrs
Redemption of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$1.00K	USD	2 Qtrs
Adjustment of noncontrolling interests in Operating Partnership	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	1 Quarter
Adjustment of noncontrolling interests in Operating Partnership	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	1 Quarter
Adjustment of noncontrolling interests in Operating Partnership	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	2 Qtrs
Adjustment of noncontrolling interests in Operating Partnership	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	2 Qtrs
Ending balance (in shares)	`CommonStockSharesIssued`	211.17M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesIssued`	149.77M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.72B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.83B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.13B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.45B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.69B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-18.00M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-4.06M	USD	1 Quarter
Net loss	`ProfitLoss`	$-26.73M	USD	1 Quarter
Net loss	`ProfitLoss`	$-71.79M	USD	2 Qtrs
Interest rate cap/swap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.75M	USD	1 Quarter
Interest rate cap/swap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.74M	USD	1 Quarter
Interest rate cap/swap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-4.65M	USD	2 Qtrs
Interest rate cap/swap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$5.43M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.32M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-24.98M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-66.36M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-22.65M	USD	2 Qtrs
Less net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.70M	USD	1 Quarter
Less net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.61M	USD	1 Quarter
Less net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-402.00K	USD	2 Qtrs
Less net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.58M	USD	2 Qtrs
Comprehensive loss attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-69.94M	USD	2 Qtrs
Comprehensive loss attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-23.37M	USD	1 Quarter
Comprehensive loss attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-22.24M	USD	2 Qtrs
Comprehensive loss attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-9.03M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.