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10-Q Filing

MACERICH CO CIK: 912242 Q3 2022
Filing Information
Form Type 10-Q
Accession Number 0000912242-22-000030
Period End Date 20220930
Filing Date 20221107
Fiscal Year 2022
Fiscal Period Q3
XBRL Instance mac-20220930_htm.xml
Balance Sheet 70 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
Property, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $6.28B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 500.00M shares Point-in-time
Property, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $6.16B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 500.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $117.60M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 215.15M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $112.45M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $465.30M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 214.80M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $109.99M USD Point-in-time
Restricted cash RestrictedCashCurrent $55.51M USD Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 214.80M shares Point-in-time
Restricted cash RestrictedCashCurrent $54.52M USD Point-in-time
Restricted cash RestrictedCashCurrent $54.98M USD Point-in-time
Restricted cash RestrictedCashCurrent $17.36M USD Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 215.15M shares Point-in-time
Tenant and other receivables, net AccountsAndNotesReceivableNet $170.35M USD Point-in-time
Tenant and other receivables, net AccountsAndNotesReceivableNet $211.36M USD Point-in-time
Right-of-use assets, net OperatingLeaseRightOfUseAsset $110.64M USD Point-in-time
Right-of-use assets, net OperatingLeaseRightOfUseAsset $129.03M USD Point-in-time
Deferred charges and other assets, net DeferredCostsAndOtherAssets $254.91M USD Point-in-time
Deferred charges and other assets, net DeferredCostsAndOtherAssets $226.34M USD Point-in-time
Due from affiliates DueFromAffiliates $9.17M USD Point-in-time
Due from affiliates DueFromAffiliates - USD Point-in-time
Investments in unconsolidated joint ventures EquityMethodInvestments $1.32B USD Point-in-time
Investments in unconsolidated joint ventures EquityMethodInvestments $1.20B USD Point-in-time
Total assets Assets $8.35B USD Point-in-time
Total assets Assets $8.07B USD Point-in-time
Mortgage notes payable SecuredDebt $4.42B USD Point-in-time
Mortgage notes payable SecuredDebt $4.26B USD Point-in-time
Bank and other notes payable ConvertibleDebtLineOfCreditAndOtherNotesPayable $91.54M USD Point-in-time
Bank and other notes payable ConvertibleDebtLineOfCreditAndOtherNotesPayable $104.81M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $59.23M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $65.93M USD Point-in-time
Due to affiliates DueToAffiliateCurrentAndNoncurrent $327.00K USD Point-in-time
Due to affiliates DueToAffiliateCurrentAndNoncurrent - USD Point-in-time
Lease liabilities OperatingAndFinanceLeaseLiability $97.68M USD Point-in-time
Lease liabilities OperatingAndFinanceLeaseLiability $80.71M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrentAndNoncurrent $315.39M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrentAndNoncurrent $254.28M USD Point-in-time
Distributions in excess of investments in unconsolidated joint ventures InvestmentsInUnconsolidatedJointVentures $127.61M USD Point-in-time
Distributions in excess of investments in unconsolidated joint ventures InvestmentsInUnconsolidatedJointVentures $126.80M USD Point-in-time
Financing arrangement obligation FinancingArrangementObligation $118.99M USD Point-in-time
Financing arrangement obligation FinancingArrangementObligation $133.82M USD Point-in-time
Total liabilities Liabilities $5.17B USD Point-in-time
Total liabilities Liabilities $5.09B 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 shares authorized at September 30, 2022 and December 31, 2021, and 215,146,141 and 214,797,057 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively CommonStockValue $2.15M USD Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized at September 30, 2022 and December 31, 2021, and 215,146,141 and 214,797,057 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively CommonStockValue $2.15M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $5.51B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $5.49B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.44B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.61B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $13.00K USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-24.00K USD Point-in-time
Total stockholders' equity StockholdersEquity $3.05B USD Point-in-time
Total stockholders' equity StockholdersEquity $2.90B USD Point-in-time
Noncontrolling interests MinorityInterest $78.91M USD Point-in-time
Noncontrolling interests MinorityInterest $129.28M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.98B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.13B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.18B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.06B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.23B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.45B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $8.07B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $8.35B USD Point-in-time
Income Statement 82 line items
Line Item Tag Value Unit Period
Leasing revenue OperatingLeaseLeaseIncome $197.13M USD 1 Quarter
Leasing revenue OperatingLeaseLeaseIncome $587.60M USD 3 Qtrs
Leasing revenue OperatingLeaseLeaseIncome $573.66M USD 3 Qtrs
Leasing revenue OperatingLeaseLeaseIncome $195.59M USD 1 Quarter
Total revenues Revenues $210.70M USD 1 Quarter
Total revenues Revenues $212.14M USD 1 Quarter
Total revenues Revenues $630.94M USD 3 Qtrs
Total revenues Revenues $618.03M USD 3 Qtrs
Leasing expenses OperatingLeaseInitialDirectCostExpenseOverTerm $6.20M USD 1 Quarter
Leasing expenses OperatingLeaseInitialDirectCostExpenseOverTerm $8.70M USD 1 Quarter
Leasing expenses OperatingLeaseInitialDirectCostExpenseOverTerm $24.46M USD 3 Qtrs
Leasing expenses OperatingLeaseInitialDirectCostExpenseOverTerm $18.00M USD 3 Qtrs
REIT general and administrative expenses GeneralAndAdministrativeExpense $6.78M USD 1 Quarter
REIT general and administrative expenses GeneralAndAdministrativeExpense $7.60M USD 1 Quarter
REIT general and administrative expenses GeneralAndAdministrativeExpense $22.36M USD 3 Qtrs
REIT general and administrative expenses GeneralAndAdministrativeExpense $20.08M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $75.47M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $72.74M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $231.49M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $218.05M USD 3 Qtrs
Total expenses before interest CostsAndExpensesBeforeInterest $179.47M USD 1 Quarter
Total expenses before interest CostsAndExpensesBeforeInterest $531.18M USD 3 Qtrs
Total expenses before interest CostsAndExpensesBeforeInterest $530.83M USD 3 Qtrs
Total expenses before interest CostsAndExpensesBeforeInterest $174.56M USD 1 Quarter
Related parties InterestIncomeExpenseRelatedParty $-6.47M USD 1 Quarter
Related parties InterestIncomeExpenseRelatedParty $3.44M USD 3 Qtrs
Related parties InterestIncomeExpenseRelatedParty $-23.37M USD 3 Qtrs
Related parties InterestIncomeExpenseRelatedParty $7.71M USD 1 Quarter
Other InterestExpenseOther $46.16M USD 1 Quarter
Other InterestExpenseOther $48.04M USD 1 Quarter
Other InterestExpenseOther $134.31M USD 3 Qtrs
Other InterestExpenseOther $152.58M USD 3 Qtrs
Interest expense InterestExpense $52.63M USD 1 Quarter
Interest expense InterestExpense $157.68M USD 3 Qtrs
Interest expense InterestExpense $40.34M USD 1 Quarter
Interest expense InterestExpense $149.15M USD 3 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-1.01M USD 3 Qtrs
Total expenses CostsAndExpenses $680.98M USD 3 Qtrs
Total expenses CostsAndExpenses $232.10M USD 1 Quarter
Total expenses CostsAndExpenses $688.86M USD 3 Qtrs
Total expenses CostsAndExpenses $215.90M USD 1 Quarter
Equity in income (loss) of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $6.32M USD 1 Quarter
Equity in income (loss) of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-1.73M USD 1 Quarter
Equity in income (loss) of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-16.42M USD 3 Qtrs
Equity in income (loss) of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $20.21M USD 3 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $963.00K USD 3 Qtrs
Income tax benefit (expense) IncomeTaxExpenseBenefit $-166.00K USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $107.00K USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $9.45M USD 3 Qtrs
Gain on sale or write down of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $1.41M USD 1 Quarter
Gain on sale or write down of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $6.77M USD 3 Qtrs
Gain on sale or write down of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $118.57M USD 1 Quarter
Gain on sale or write down of assets, net GainLossOnSalesOfAssetsAndAssetImpairmentCharges $93.36M USD 3 Qtrs
Net (loss) income ProfitLoss $-68.54M USD 3 Qtrs
Net (loss) income ProfitLoss $-13.50M USD 1 Quarter
Net (loss) income ProfitLoss $112.96M USD 1 Quarter
Net (loss) income ProfitLoss $41.17M USD 3 Qtrs
Less: net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-784.00K USD 3 Qtrs
Less: net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.69M USD 1 Quarter
Less: net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $6.26M USD 1 Quarter
Less: net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $9.83M USD 3 Qtrs
Net (loss) income attributable to the Company NetIncomeLoss $-15.19M USD 1 Quarter
Net (loss) income attributable to the Company NetIncomeLoss $106.70M USD 1 Quarter
Net (loss) income attributable to the Company NetIncomeLoss $31.33M USD 3 Qtrs
Net (loss) income attributable to the Company NetIncomeLoss $-67.76M USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $-0.07 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.50 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.32 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.16 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.16 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.50 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.32 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $-0.07 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 214.98M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 192.72M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 213.21M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 215.13M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 192.72M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 215.13M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 213.21M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 214.98M shares 3 Qtrs
Cash Flow Statement 99 line items
Line Item Tag Value Unit Period
Net (loss) income ProfitLoss $-68.54M USD 3 Qtrs
Net (loss) income ProfitLoss $-13.50M USD 1 Quarter
Net (loss) income ProfitLoss $112.96M USD 1 Quarter
Net (loss) income ProfitLoss $41.17M USD 3 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-1.01M USD 3 Qtrs
Gain on sale or write down of assets, net GainLossOnSaleOrWriteDownOfAssets $93.36M USD 3 Qtrs
Gain on sale or write down of assets, net GainLossOnSaleOrWriteDownOfAssets $6.77M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $241.45M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $226.14M USD 3 Qtrs
Amortization of share and unit-based plans ShareBasedCompensation $10.87M USD 3 Qtrs
Amortization of share and unit-based plans ShareBasedCompensation $13.42M USD 3 Qtrs
Straight-line rent and amortization of above and below market leases StraightLineRentAdjustmentsAndAmortizationOfAboveAndBelowMarketLeases $-821.00K USD 3 Qtrs
Straight-line rent and amortization of above and below market leases StraightLineRentAdjustmentsAndAmortizationOfAboveAndBelowMarketLeases $9.43M USD 3 Qtrs
Recovery of doubtful accounts ProvisionForDoubtfulAccounts $-4.27M USD 3 Qtrs
Recovery of doubtful accounts ProvisionForDoubtfulAccounts $-1.58M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $963.00K USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $-166.00K USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $107.00K USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $9.45M USD 3 Qtrs
Equity in loss (income) of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $6.32M USD 1 Quarter
Equity in loss (income) of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-1.73M USD 1 Quarter
Equity in loss (income) of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $-16.42M USD 3 Qtrs
Equity in loss (income) of unconsolidated joint ventures IncomeLossFromEquityMethodInvestments $20.21M USD 3 Qtrs
Distributions of income from unconsolidated joint ventures EquityMethodInvestmentDividendsOrDistributions $866.00K 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 $12.61M USD 3 Qtrs
Change in fair value of financing arrangement obligation LiabilitiesFairValueAdjustment $-14.84M USD 3 Qtrs
Tenant and other receivables IncreaseDecreaseInAccountsReceivable $-77.75M USD 3 Qtrs
Tenant and other receivables IncreaseDecreaseInAccountsReceivable $-19.52M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-5.64M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-22.13M USD 3 Qtrs
Due from affiliates IncreaseDecreaseDueFromAffiliates $1.36M USD 3 Qtrs
Due from affiliates IncreaseDecreaseDueFromAffiliates $9.49M USD 3 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $-6.99M USD 3 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $8.18M USD 3 Qtrs
Other accrued liabilities IncreaseDecreaseInOtherAccruedLiabilities $64.58M USD 3 Qtrs
Other accrued liabilities IncreaseDecreaseInOtherAccruedLiabilities $-44.01M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $211.63M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $284.99M USD 3 Qtrs
Acquisitions of property PaymentsToAcquireRealEstate $24.54M USD 3 Qtrs
Acquisitions of property PaymentsToAcquireRealEstate - USD 3 Qtrs
Development, redevelopment, expansion and renovation of properties PaymentsToAcquireDevelopRedevelopExpansionAndRenovationRealEstate $28.18M USD 3 Qtrs
Development, redevelopment, expansion and renovation of properties PaymentsToAcquireDevelopRedevelopExpansionAndRenovationRealEstate $52.79M USD 3 Qtrs
Property improvements PaymentsToDevelopRealEstateAssets $32.71M USD 3 Qtrs
Property improvements PaymentsToDevelopRealEstateAssets $27.91M USD 3 Qtrs
Proceeds from repayment of notes receivable ProceedsFromCollectionOfNotesReceivable $1.30M USD 3 Qtrs
Proceeds from repayment of notes receivable ProceedsFromCollectionOfNotesReceivable - USD 3 Qtrs
Deferred leasing costs IncreaseDecreaseInDeferredLeasingFees $1.88M USD 3 Qtrs
Deferred leasing costs IncreaseDecreaseInDeferredLeasingFees $1.97M USD 3 Qtrs
Distributions from unconsolidated joint ventures DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther $70.95M USD 3 Qtrs
Distributions from unconsolidated joint ventures DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther $107.25M USD 3 Qtrs
Contributions to unconsolidated joint ventures PaymentsToAcquireInterestInJointVenture $42.96M USD 3 Qtrs
Contributions to unconsolidated joint ventures PaymentsToAcquireInterestInJointVenture $56.58M USD 3 Qtrs
Proceeds from collection of receivable in connection with sale of joint venture property ProceedsFromCollectionOfReceivableInConnectionWithSaleOfJointVentureProperty - USD 3 Qtrs
Proceeds from collection of receivable in connection with sale of joint venture property ProceedsFromCollectionOfReceivableInConnectionWithSaleOfJointVentureProperty $21.00M USD 3 Qtrs
Proceeds from sale of assets ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet $323.02M USD 3 Qtrs
Proceeds from sale of assets ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet $48.77M USD 3 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $256.12M USD 3 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $46.65M USD 3 Qtrs
Proceeds from mortgages, bank and other notes payable ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $495.00M USD 3 Qtrs
Proceeds from mortgages, bank and other notes payable ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $130.00M USD 3 Qtrs
Payments on mortgages, bank and other notes payable RepaymentsOfLongTermDebt $312.63M USD 3 Qtrs
Payments on mortgages, bank and other notes payable RepaymentsOfLongTermDebt $1.97B USD 3 Qtrs
Payments on mortgages, bank and other notes payable RepaymentsOfLongTermDebt $100.14M USD Point-in-time
Deferred financing costs PaymentsOfFinancingCosts $22.81M USD 3 Qtrs
Deferred financing costs PaymentsOfFinancingCosts $2.77M USD 3 Qtrs
Payments on finance leases FinanceLeasePrincipalPayments $1.85M USD 3 Qtrs
Payments on finance leases FinanceLeasePrincipalPayments $1.92M USD 3 Qtrs
Net (costs) proceeds from stock offerings ProceedsFromIssuanceOfCommonStock $-152.00K USD 3 Qtrs
Net (costs) proceeds from stock offerings ProceedsFromIssuanceOfCommonStock $829.87M USD 3 Qtrs
Proceeds from share and unit-based plans ProceedsFromStockPlans $960.00K USD 3 Qtrs
Proceeds from share and unit-based plans ProceedsFromStockPlans $595.00K USD 3 Qtrs
Redemption of noncontrolling interests PaymentsToMinorityShareholders $328.00K USD 3 Qtrs
Redemption of noncontrolling interests PaymentsToMinorityShareholders $60.00K USD 3 Qtrs
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $2.00K USD 3 Qtrs
Contributions from noncontrolling interests ProceedsFromMinorityShareholders $128.00K USD 3 Qtrs
Dividends and distributions PaymentsOfDividendsCommonStock $104.51M USD 3 Qtrs
Dividends and distributions PaymentsOfDividendsCommonStock $146.80M USD 3 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-777.31M USD 3 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-333.63M USD 3 Qtrs
Net decrease in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-2.00M USD 3 Qtrs
Net decrease in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-309.55M USD 3 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 $166.97M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $164.97M 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, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $482.66M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $166.97M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $164.97M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $173.11M USD Point-in-time
Cash payments for interest, net of amounts capitalized InterestPaidNet $135.55M USD 3 Qtrs
Cash payments for interest, net of amounts capitalized InterestPaidNet $161.47M USD 3 Qtrs
Accrued development costs included in accounts payable and accrued expenses and other accrued liabilities ConstructionInProgressExpendituresIncurredButNotYetPaid $34.53M 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 $2.70M USD 3 Qtrs
Conversion of Operating Partnership Units to common stock ConversionOfStockAmountConverted1 $22.22M USD 3 Qtrs
Assets acquired from unconsolidated joint venture NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1 - USD 3 Qtrs
Assets acquired from unconsolidated joint venture NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1 $23.55M USD 3 Qtrs
Stockholders Equity 53 line items
Line Item Tag Value Unit Period
Distributions declared, per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.45 USD 3 Qtrs
Distributions declared, per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.15 USD 1 Quarter
Distributions declared, per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.45 USD 3 Qtrs
Distributions declared, per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.15 USD 1 Quarter
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.98B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.13B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.18B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.06B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.23B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.45B USD Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 214.80M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 215.15M shares Point-in-time
Net (loss) income ProfitLoss $-68.54M USD 3 Qtrs
Net (loss) income ProfitLoss $-13.50M USD 1 Quarter
Net (loss) income ProfitLoss $112.96M USD 1 Quarter
Net (loss) income ProfitLoss $41.17M USD 3 Qtrs
Interest rate cap agreement OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-3.00K USD 1 Quarter
Interest rate cap agreement OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $37.00K USD 3 Qtrs
Interest rate cap agreement OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.77M USD 1 Quarter
Interest rate cap agreement OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $8.21M USD 3 Qtrs
Amortization of share and unit-based plans StockIssuedDuringPeriodValueShareBasedCompensation $4.32M USD 1 Quarter
Amortization of share and unit-based plans StockIssuedDuringPeriodValueShareBasedCompensation $13.68M USD 3 Qtrs
Amortization of share and unit-based plans StockIssuedDuringPeriodValueShareBasedCompensation $5.37M USD 1 Quarter
Amortization of share and unit-based plans StockIssuedDuringPeriodValueShareBasedCompensation $16.82M USD 3 Qtrs
Employee stock purchases StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $960.00K USD 3 Qtrs
Employee stock purchases StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $595.00K USD 3 Qtrs
Stock offerings, net StockIssuedDuringPeriodValueNewIssues $23.82M USD 1 Quarter
Stock offerings, net StockIssuedDuringPeriodValueNewIssues $829.87M USD 3 Qtrs
Stock offerings, net StockIssuedDuringPeriodValueNewIssues $-32.00K USD 1 Quarter
Stock offerings, net StockIssuedDuringPeriodValueNewIssues $-152.00K USD 3 Qtrs
Distributions paid DividendsCommonStockCash $32.25M USD 1 Quarter
Distributions paid DividendsCommonStockCash $96.79M USD 3 Qtrs
Distributions paid DividendsCommonStockCash $32.00M USD 1 Quarter
Distributions paid DividendsCommonStockCash $86.35M USD 3 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $18.17M USD 3 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $3.97M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $37.83M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $50.01M USD 3 Qtrs
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterests $4.00K USD 1 Quarter
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterests $2.00K USD 1 Quarter
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterests $580.00K USD 3 Qtrs
Contributions from noncontrolling interests NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterests $2.00K USD 3 Qtrs
Redemption of noncontrolling interests MinorityInterestDecreaseFromRedemptions $328.00K USD 3 Qtrs
Redemption of noncontrolling interests MinorityInterestDecreaseFromRedemptions $59.00K USD 1 Quarter
Redemption of noncontrolling interests MinorityInterestDecreaseFromRedemptions $60.00K USD 3 Qtrs
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.98B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.13B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.18B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.06B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.23B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.45B USD Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 214.80M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 215.15M shares Point-in-time
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
Net (loss) income ProfitLoss $-68.54M USD 3 Qtrs
Net (loss) income ProfitLoss $-13.50M USD 1 Quarter
Net (loss) income ProfitLoss $112.96M USD 1 Quarter
Net (loss) income ProfitLoss $41.17M USD 3 Qtrs
Interest rate cap/swap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-3.00K USD 1 Quarter
Interest rate cap/swap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $37.00K USD 3 Qtrs
Interest rate cap/swap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.77M USD 1 Quarter
Interest rate cap/swap agreements OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $8.21M USD 3 Qtrs
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $49.38M USD 3 Qtrs
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-13.51M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-68.50M USD 3 Qtrs
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $115.73M USD 1 Quarter
Less: net income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $9.83M USD 3 Qtrs
Less: net income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $6.26M USD 1 Quarter
Less: net income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-784.00K USD 3 Qtrs
Less: net income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.69M USD 1 Quarter
Comprehensive (loss) income attributable to the Company ComprehensiveIncomeNetOfTax $-15.20M USD 1 Quarter
Comprehensive (loss) income attributable to the Company ComprehensiveIncomeNetOfTax $109.48M USD 1 Quarter
Comprehensive (loss) income attributable to the Company ComprehensiveIncomeNetOfTax $39.54M USD 3 Qtrs
Comprehensive (loss) income attributable to the Company ComprehensiveIncomeNetOfTax $-67.72M USD 3 Qtrs

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

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