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10-Q Filing

MACERICH CO CIK: 912242 Q3 2021
Filing Information
Form Type 10-Q
Accession Number 0000912242-21-000017
Period End Date 20210930
Filing Date 20211108
Fiscal Year 2021
Fiscal Period Q3
XBRL Instance mac-20210930_htm.xml
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 $6.33B USD Point-in-time
Property, net RealEstateInvestmentPropertyNet $6.69B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 250.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $465.30M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 213.31M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $100.00M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 149.77M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $117.60M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $528.43M USD Point-in-time
Restricted cash RestrictedCashCurrent $55.51M USD Point-in-time
Restricted cash RestrictedCashCurrent $17.36M USD Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 149.77M shares Point-in-time
Restricted cash RestrictedCashCurrent $13.37M USD Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 213.31M shares Point-in-time
Restricted cash RestrictedCashCurrent $14.21M USD Point-in-time
Tenant and other receivables, net AccountsAndNotesReceivableNet $239.19M USD Point-in-time
Tenant and other receivables, net AccountsAndNotesReceivableNet $175.29M USD Point-in-time
Right-of-use assets, net OperatingLeaseRightOfUseAsset $113.07M 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 $252.02M USD Point-in-time
Due from affiliates DueFromAffiliates $1.61M USD Point-in-time
Due from affiliates DueFromAffiliates $2.98M 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 $9.18B USD Point-in-time
Total assets Assets $8.41B USD Point-in-time
Mortgage notes payable SecuredDebt $4.43B USD Point-in-time
Mortgage notes payable SecuredDebt $4.56B USD Point-in-time
Bank and other notes payable ConvertibleDebtLineOfCreditAndOtherNotesPayable $114.25M 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 $58.46M USD Point-in-time
Lease liabilities OperatingAndFinanceLeaseLiability $90.22M USD Point-in-time
Lease liabilities OperatingAndFinanceLeaseLiability $83.46M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrentAndNoncurrent $298.59M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrentAndNoncurrent $237.39M 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 $129.52M USD Point-in-time
Financing arrangement obligation FinancingArrangementObligation $134.38M USD Point-in-time
Financing arrangement obligation FinancingArrangementObligation $121.77M USD Point-in-time
Total liabilities Liabilities $5.18B USD Point-in-time
Total liabilities Liabilities $6.74B 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 September 30, 2021 and December 31, 2020, respectively, and 213,307,990 and 149,770,575 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively CommonStockValue $2.13M USD Point-in-time
Common stock, $0.01 par value, 500,000,000 and 250,000,000 shares authorized at September 30, 2021 and December 31, 2020, respectively, and 213,307,990 and 149,770,575 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively CommonStockValue $1.50M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $5.47B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $4.60B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.39B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.34B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax - USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-8.21M USD Point-in-time
Total stockholders' equity StockholdersEquity $3.07B USD Point-in-time
Total stockholders' equity StockholdersEquity $2.26B USD Point-in-time
Noncontrolling interests MinorityInterest $160.06M USD Point-in-time
Noncontrolling interests MinorityInterest $188.21M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.65B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.13B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.83B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.69B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.45B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.23B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $8.41B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $9.18B USD Point-in-time
Income Statement 84 line items
Line Item Tag Value Unit Period
Leasing revenue OperatingLeaseLeaseIncome $554.98M USD 3 Qtrs
Leasing revenue OperatingLeaseLeaseIncome $175.51M USD 1 Quarter
Leasing revenue OperatingLeaseLeaseIncome $573.66M USD 3 Qtrs
Leasing revenue OperatingLeaseLeaseIncome $197.13M USD 1 Quarter
Total revenues Revenues $185.84M USD 1 Quarter
Total revenues Revenues $212.14M USD 1 Quarter
Total revenues Revenues $618.03M USD 3 Qtrs
Total revenues Revenues $591.38M USD 3 Qtrs
Leasing expenses OperatingLeaseInitialDirectCostExpenseOverTerm $5.54M USD 1 Quarter
Leasing expenses OperatingLeaseInitialDirectCostExpenseOverTerm $6.20M USD 1 Quarter
Leasing expenses OperatingLeaseInitialDirectCostExpenseOverTerm $18.00M USD 3 Qtrs
Leasing expenses OperatingLeaseInitialDirectCostExpenseOverTerm $19.62M USD 3 Qtrs
REIT general and administrative expenses GeneralAndAdministrativeExpense $7.60M USD 1 Quarter
REIT general and administrative expenses GeneralAndAdministrativeExpense $7.59M USD 1 Quarter
REIT general and administrative expenses GeneralAndAdministrativeExpense $22.36M USD 3 Qtrs
REIT general and administrative expenses GeneralAndAdministrativeExpense $22.65M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $231.49M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $78.61M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $241.11M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $75.47M USD 1 Quarter
Total expenses before interest CostsAndExpensesBeforeInterest $169.45M USD 1 Quarter
Total expenses before interest CostsAndExpensesBeforeInterest $530.83M USD 3 Qtrs
Total expenses before interest CostsAndExpensesBeforeInterest $521.62M USD 3 Qtrs
Total expenses before interest CostsAndExpensesBeforeInterest $174.56M USD 1 Quarter
Related parties InterestIncomeExpenseRelatedParty $92.55M USD 3 Qtrs
Related parties InterestIncomeExpenseRelatedParty $7.71M USD 1 Quarter
Related parties InterestIncomeExpenseRelatedParty $3.44M USD 3 Qtrs
Related parties InterestIncomeExpenseRelatedParty $15.50M USD 1 Quarter
Other InterestExpenseOther $48.04M USD 1 Quarter
Other InterestExpenseOther $52.69M USD 1 Quarter
Other InterestExpenseOther $152.58M USD 3 Qtrs
Other InterestExpenseOther $157.84M USD 3 Qtrs
Total interest expense InterestExpense $37.18M USD 1 Quarter
Total interest expense InterestExpense $149.15M USD 3 Qtrs
Total interest expense InterestExpense $40.34M USD 1 Quarter
Total interest expense InterestExpense $65.29M USD 3 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-1.01M USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-1.01M USD 3 Qtrs
Total expenses CostsAndExpenses $680.98M USD 3 Qtrs
Total expenses CostsAndExpenses $586.91M USD 3 Qtrs
Total expenses CostsAndExpenses $206.63M USD 1 Quarter
Total expenses CostsAndExpenses $215.90M USD 1 Quarter
Equity in (loss) income of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-16.99M USD 3 Qtrs
Equity in (loss) income of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-12.51M USD 1 Quarter
Equity in (loss) income of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $20.21M USD 3 Qtrs
Equity in (loss) income of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-1.73M USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $1.11M USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $107.00K USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $9.45M USD 3 Qtrs
Income tax (expense) benefit IncomeTaxExpenseBenefit $-684.00K USD 3 Qtrs
Gain (loss) on sale or write down of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $-28.78M USD 3 Qtrs
Gain (loss) on sale or write down of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $118.57M USD 1 Quarter
Gain (loss) on sale or write down of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $93.36M USD 3 Qtrs
Gain (loss) on sale or write down of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $11.79M USD 1 Quarter
Net income (loss) ProfitLoss $-22.62M USD 1 Quarter
Net income (loss) ProfitLoss $112.96M USD 1 Quarter
Net income (loss) ProfitLoss $-40.62M USD 3 Qtrs
Net income (loss) ProfitLoss $41.17M USD 3 Qtrs
Less net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-431.00K USD 1 Quarter
Less net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $9.83M USD 3 Qtrs
Less net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-833.00K USD 3 Qtrs
Less net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $6.26M USD 1 Quarter
Net income (loss) attributable to the Company NetIncomeLoss $-39.78M USD 3 Qtrs
Net income (loss) attributable to the Company NetIncomeLoss $106.70M USD 1 Quarter
Net income (loss) attributable to the Company NetIncomeLoss $-22.19M USD 1 Quarter
Net income (loss) attributable to the Company NetIncomeLoss $31.33M USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $-0.15 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.50 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.28 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.16 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $-0.15 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.50 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.28 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.16 USD 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 149.63M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 213.21M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 192.72M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 145.07M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 149.63M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 145.07M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 213.21M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 192.72M shares 3 Qtrs
Cash Flow Statement 99 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-22.62M USD 1 Quarter
Net income (loss) ProfitLoss $112.96M USD 1 Quarter
Net income (loss) ProfitLoss $-40.62M USD 3 Qtrs
Net income (loss) ProfitLoss $41.17M USD 3 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-1.01M USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-1.01M USD 3 Qtrs
(Gain) loss on sale or write down of assets, net GainLossOnSaleOrWriteDownOfAssets $-28.78M USD 3 Qtrs
(Gain) loss on sale or write down of assets, net GainLossOnSaleOrWriteDownOfAssets $93.36M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $241.45M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $246.50M USD 3 Qtrs
Amortization of premium on mortgage notes payable AmortizationOfDebtDiscountPremium - USD 3 Qtrs
Amortization of premium on mortgage notes payable AmortizationOfDebtDiscountPremium $-695.00K USD 3 Qtrs
Amortization of share and unit-based plans ShareBasedCompensation $10.87M USD 3 Qtrs
Amortization of share and unit-based plans ShareBasedCompensation $10.99M USD 3 Qtrs
Straight-line rent and amortization of above and below market leases StraightLineRentAdjustmentsAndAmortizationOfAboveAndBelowMarketLeases $3.92M USD 3 Qtrs
Straight-line rent and amortization of above and below market leases StraightLineRentAdjustmentsAndAmortizationOfAboveAndBelowMarketLeases $9.43M USD 3 Qtrs
(Recovery of) provision for doubtful accounts ProvisionForDoubtfulAccounts $-4.27M USD 3 Qtrs
(Recovery of) provision for doubtful accounts ProvisionForDoubtfulAccounts $39.25M USD 3 Qtrs
Income tax expense (benefit) IncomeTaxExpenseBenefit $1.11M USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $107.00K USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $9.45M USD 3 Qtrs
Income tax expense (benefit) IncomeTaxExpenseBenefit $-684.00K USD 3 Qtrs
Equity in (income) loss of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-16.99M USD 3 Qtrs
Equity in (income) loss of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-12.51M USD 1 Quarter
Equity in (income) loss of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $20.21M USD 3 Qtrs
Equity in (income) loss of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-1.73M USD 1 Quarter
Distributions of income from unconsolidated joint ventures EquityMethodInvestmentDividendsOrDistributions - USD 3 Qtrs
Distributions of income from unconsolidated joint ventures EquityMethodInvestmentDividendsOrDistributions $48.00K USD 3 Qtrs
Change in fair value of financing arrangement obligation LiabilitiesFairValueAdjustment $96.79M USD 3 Qtrs
Change in fair value of financing arrangement obligation LiabilitiesFairValueAdjustment $12.61M USD 3 Qtrs
Tenant and other receivables IncreaseDecreaseInAccountsReceivable $124.00M USD 3 Qtrs
Tenant and other receivables IncreaseDecreaseInAccountsReceivable $-77.75M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-5.47M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-22.13M USD 3 Qtrs
Due from affiliates IncreaseDecreaseDueFromAffiliates $1.36M USD 3 Qtrs
Due from affiliates IncreaseDecreaseDueFromAffiliates $11.63M USD 3 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $27.17M USD 3 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $-6.99M USD 3 Qtrs
Other accrued liabilities IncreaseDecreaseInOtherAccruedLiabilities $-44.01M USD 3 Qtrs
Other accrued liabilities IncreaseDecreaseInOtherAccruedLiabilities $-31.69M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $211.63M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $65.13M USD 3 Qtrs
Development, redevelopment, expansion and renovation of properties PaymentsToAcquireDevelopRedevelopExpansionAndRenovationRealEstate $46.42M USD 3 Qtrs
Development, redevelopment, expansion and renovation of properties PaymentsToAcquireDevelopRedevelopExpansionAndRenovationRealEstate $52.79M USD 3 Qtrs
Property improvements PaymentsToDevelopRealEstateAssets $27.91M USD 3 Qtrs
Property improvements PaymentsToDevelopRealEstateAssets $18.00M USD 3 Qtrs
Proceeds from repayment of notes receivable ProceedsFromCollectionOfNotesReceivable - USD 3 Qtrs
Proceeds from repayment of notes receivable ProceedsFromCollectionOfNotesReceivable $1.30M USD 3 Qtrs
Deferred leasing costs IncreaseDecreaseInDeferredLeasingFees $2.25M USD 3 Qtrs
Deferred leasing costs IncreaseDecreaseInDeferredLeasingFees $1.88M USD 3 Qtrs
Distributions from unconsolidated joint ventures DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther $28.18M USD 3 Qtrs
Distributions from unconsolidated joint ventures DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther $70.95M USD 3 Qtrs
Contributions to unconsolidated joint ventures PaymentsToAcquireInterestInJointVenture $100.62M USD 3 Qtrs
Contributions to unconsolidated joint ventures PaymentsToAcquireInterestInJointVenture $56.58M USD 3 Qtrs
Proceeds from sale of assets ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet $323.02M USD 3 Qtrs
Proceeds from sale of assets ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet $16.32M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-122.80M USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $256.12M USD 3 Qtrs
Proceeds from mortgages, bank and other notes payable ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $660.00M USD 3 Qtrs
Proceeds from mortgages, bank and other notes payable ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $495.00M USD 3 Qtrs
Payments on mortgages, bank and other notes payable RepaymentsOfLongTermDebt $100.14M USD Point-in-time
Payments on mortgages, bank and other notes payable RepaymentsOfLongTermDebt $1.97B USD 3 Qtrs
Payments on mortgages, bank and other notes payable RepaymentsOfLongTermDebt $20.83M USD 3 Qtrs
Deferred financing costs PaymentsOfFinancingCosts $2.58M USD 3 Qtrs
Deferred financing costs PaymentsOfFinancingCosts $22.81M USD 3 Qtrs
Proceeds from finance lease ProceedsFromFinanceLease - USD 3 Qtrs
Proceeds from finance lease ProceedsFromFinanceLease $4.12M USD 3 Qtrs
Payments on finance leases FinanceLeasePrincipalPayments $1.85M USD 3 Qtrs
Payments on finance leases FinanceLeasePrincipalPayments $1.53M USD 3 Qtrs
Net proceeds from stock offerings ProceedsFromIssuanceOfCommonStock $829.87M USD 3 Qtrs
Net proceeds from stock offerings ProceedsFromIssuanceOfCommonStock - USD 3 Qtrs
Proceeds from share and unit-based plans ProceedsFromStockPlans $595.00K USD 3 Qtrs
Proceeds from share and unit-based plans ProceedsFromStockPlans $852.00K USD 3 Qtrs
Redemption of noncontrolling interests PaymentsToMinorityShareholders $60.00K USD 3 Qtrs
Redemption of noncontrolling interests PaymentsToMinorityShareholders $28.00K USD 3 Qtrs
Contribution from noncontrolling interests ProceedsFromMinorityShareholders $128.00K USD 3 Qtrs
Contribution from noncontrolling interests ProceedsFromMinorityShareholders $450.00K USD 3 Qtrs
Dividends and distributions PaymentsOfDividendsCommonStock $155.19M USD 3 Qtrs
Dividends and distributions PaymentsOfDividendsCommonStock $104.51M USD 3 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $485.26M USD 3 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-777.31M USD 3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-309.55M USD 3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $427.58M USD 3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $541.80M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $173.11M 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 $482.66M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $541.80M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $173.11M 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 $482.66M USD Point-in-time
Cash payments for interest, net of amounts capitalized InterestPaidNet $161.47M USD 3 Qtrs
Cash payments for interest, net of amounts capitalized InterestPaidNet $137.99M USD 3 Qtrs
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities ConstructionInProgressExpendituresIncurredButNotYetPaid $18.55M USD 3 Qtrs
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities ConstructionInProgressExpendituresIncurredButNotYetPaid $18.28M USD 3 Qtrs
Conversion of Operating Partnership Units to common stock ConversionOfStockAmountConverted1 $12.09M USD 3 Qtrs
Conversion of Operating Partnership Units to common stock ConversionOfStockAmountConverted1 $22.22M USD 3 Qtrs
Stockholders Equity 55 line items
Line Item Tag Value Unit Period
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 Point-in-time
Distributions declared, per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.15 USD 1 Quarter
Distributions declared, per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.45 USD 3 Qtrs
Distributions declared, per share (in dollars per share) CommonStockDividendsPerShareCashPaid $1.00 USD 3 Qtrs
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.65B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.13B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.83B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.69B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.45B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.23B USD Point-in-time
Beginning balance (in shares) CommonStockSharesIssued 213.31M shares Point-in-time
Beginning balance (in shares) CommonStockSharesIssued 149.77M shares Point-in-time
Net income (loss) ProfitLoss $-22.62M USD 1 Quarter
Net income (loss) ProfitLoss $112.96M USD 1 Quarter
Net income (loss) ProfitLoss $-40.62M USD 3 Qtrs
Net income (loss) ProfitLoss $41.17M USD 3 Qtrs
Interest rate cap/swap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.77M USD 1 Quarter
Interest rate cap/swap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-1.84M USD 3 Qtrs
Interest rate cap/swap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $8.21M USD 3 Qtrs
Interest rate cap/swap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.81M USD 1 Quarter
Amortization of share and unit-based plans StockIssuedDuringPeriodValueShareBasedCompensation $13.68M USD 3 Qtrs
Amortization of share and unit-based plans StockIssuedDuringPeriodValueShareBasedCompensation $4.12M USD 1 Quarter
Amortization of share and unit-based plans StockIssuedDuringPeriodValueShareBasedCompensation $4.32M USD 1 Quarter
Amortization of share and unit-based plans StockIssuedDuringPeriodValueShareBasedCompensation $13.94M USD 3 Qtrs
Employee stock purchases StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $595.00K USD 3 Qtrs
Employee stock purchases StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $852.00K USD 3 Qtrs
Stock offerings, net StockIssuedDuringPeriodValueNewIssues $23.82M USD 1 Quarter
Stock offerings, net StockIssuedDuringPeriodValueNewIssues $829.87M USD 3 Qtrs
Distributions declared DividendsCommonStockCash $142.95M USD 3 Qtrs
Distributions declared DividendsCommonStockCash $86.35M USD 3 Qtrs
Distributions declared DividendsCommonStockCash $22.48M USD 1 Quarter
Distributions declared DividendsCommonStockCash $32.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $2.17M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $12.23M USD 3 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $3.97M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $18.17M USD 3 Qtrs
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterests $450.00K USD 3 Qtrs
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterests $580.00K USD 3 Qtrs
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterests $4.00K USD 1 Quarter
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterests $325.00K USD 1 Quarter
Conversion of noncontrolling interests to common shares StockIssuedDuringPeriodValueConversionOfUnits - USD 3 Qtrs
Conversion of noncontrolling interests to common shares StockIssuedDuringPeriodValueConversionOfUnits - USD 1 Quarter
Redemption of noncontrolling interests MinorityInterestDecreaseFromRedemptions $59.00K USD 1 Quarter
Redemption of noncontrolling interests MinorityInterestDecreaseFromRedemptions $60.00K USD 3 Qtrs
Redemption of noncontrolling interests MinorityInterestDecreaseFromRedemptions $28.00K USD 3 Qtrs
Redemption of noncontrolling interests MinorityInterestDecreaseFromRedemptions $10.00K USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.65B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.13B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.83B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.69B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.45B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.23B USD Point-in-time
Ending balance (in shares) CommonStockSharesIssued 213.31M shares Point-in-time
Ending balance (in shares) CommonStockSharesIssued 149.77M shares Point-in-time
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-22.62M USD 1 Quarter
Net income (loss) ProfitLoss $112.96M USD 1 Quarter
Net income (loss) ProfitLoss $-40.62M USD 3 Qtrs
Net income (loss) ProfitLoss $41.17M USD 3 Qtrs
Interest rate cap/swap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.77M USD 1 Quarter
Interest rate cap/swap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-1.84M USD 3 Qtrs
Interest rate cap/swap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $8.21M USD 3 Qtrs
Interest rate cap/swap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.81M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $115.73M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-19.81M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $49.38M USD 3 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-42.46M USD 3 Qtrs
Less net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-431.00K USD 1 Quarter
Less net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $9.83M USD 3 Qtrs
Less net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-833.00K USD 3 Qtrs
Less net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $6.26M USD 1 Quarter
Comprehensive income (loss) attributable to the Company ComprehensiveIncomeNetOfTax $-19.38M USD 1 Quarter
Comprehensive income (loss) attributable to the Company ComprehensiveIncomeNetOfTax $109.48M USD 1 Quarter
Comprehensive income (loss) attributable to the Company ComprehensiveIncomeNetOfTax $39.54M USD 3 Qtrs
Comprehensive income (loss) attributable to the Company ComprehensiveIncomeNetOfTax $-41.62M USD 3 Qtrs

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

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