10-Q Filing

MACERICH CO CIK: 912242 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000912242-23-000026`
Period End Date	20230930
Filing Date	20231106
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	mac-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 72 Cash Flow Statement 94 Stockholders Equity 59 Comprehensive Income 20

Balance Sheet 66 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 (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	215.66M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	215.24M	shares	Point-in-time
Common Stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	215.24M	shares	Point-in-time
Common Stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	215.66M	shares	Point-in-time
Property, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$5.95B	USD	Point-in-time
Property, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$6.13B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$109.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$111.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$112.45M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$54.52M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$80.82M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$96.33M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$54.98M	USD	Point-in-time
Tenant and other receivables, net	`AccountsAndNotesReceivableNet`	$183.59M	USD	Point-in-time
Tenant and other receivables, net	`AccountsAndNotesReceivableNet`	$152.21M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$126.61M	USD	Point-in-time
Right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$120.41M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$247.42M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$232.10M	USD	Point-in-time
Investments in unconsolidated joint ventures	`EquityMethodInvestments`	$1.22B	USD	Point-in-time
Investments in unconsolidated joint ventures	`EquityMethodInvestments`	$918.54M	USD	Point-in-time
Total assets	`Assets`	$7.59B	USD	Point-in-time
Total assets	`Assets`	$8.09B	USD	Point-in-time
Mortgage notes payable	`SecuredDebt`	$4.24B	USD	Point-in-time
Mortgage notes payable	`SecuredDebt`	$4.17B	USD	Point-in-time
Bank and other notes payable	`ConvertibleDebtLineOfCreditAndOtherNotesPayable`	$118.64M	USD	Point-in-time
Bank and other notes payable	`ConvertibleDebtLineOfCreditAndOtherNotesPayable`	$163.12M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$73.92M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$63.11M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiability`	$94.91M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiability`	$85.73M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$312.24M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$318.75M	USD	Point-in-time
Distributions in excess of investments in unconsolidated joint ventures	`InvestmentsInUnconsolidatedJointVentures`	$195.18M	USD	Point-in-time
Distributions in excess of investments in unconsolidated joint ventures	`InvestmentsInUnconsolidatedJointVentures`	$121.09M	USD	Point-in-time
Financing arrangement obligation	`FinancingArrangementObligation`	$137.70M	USD	Point-in-time
Financing arrangement obligation	`FinancingArrangementObligation`	$143.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.14B	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, 2023 and December 31, 2022, and 215,655,497 and 215,241,129 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$2.15M	USD	Point-in-time
Common stock, $0.01 par value, 500,000,000 shares authorized at September 30, 2023 and December 31, 2022, and 215,655,497 and 215,241,129 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$2.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.52B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.51B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.09B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.64B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$632.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$556.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.43B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.87B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$65.93M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$83.58M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.06B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.18B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.95B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.81B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.98B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$8.09B	USD	Point-in-time
Total liabilities and partners' capital	`LiabilitiesAndStockholdersEquity`	$7.59B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Leasing revenue	`OperatingLeaseLeaseIncome`	$197.31M	USD	1 Quarter
Leasing revenue	`OperatingLeaseLeaseIncome`	$589.00M	USD	3 Qtrs
Leasing revenue	`OperatingLeaseLeaseIncome`	$587.60M	USD	3 Qtrs
Leasing revenue	`OperatingLeaseLeaseIncome`	$195.59M	USD	1 Quarter
Total revenues	`Revenues`	$210.70M	USD	1 Quarter
Total revenues	`Revenues`	$630.94M	USD	3 Qtrs
Total revenues	`Revenues`	$218.15M	USD	1 Quarter
Total revenues	`Revenues`	$645.38M	USD	3 Qtrs
Leasing expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$8.78M	USD	1 Quarter
Leasing expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$26.88M	USD	3 Qtrs
Leasing expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$8.70M	USD	1 Quarter
Leasing expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$24.46M	USD	3 Qtrs
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$5.91M	USD	1 Quarter
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$21.69M	USD	3 Qtrs
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$20.08M	USD	3 Qtrs
REIT general and administrative expenses	`GeneralAndAdministrativeExpense`	$6.78M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$218.05M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$70.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$72.74M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$212.60M	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`	$178.31M	USD	1 Quarter
Total expenses before interest	`CostsAndExpensesBeforeInterest`	$530.81M	USD	3 Qtrs
Interest expense	`InterestIncomeExpenseNet`	$-157.68M	USD	3 Qtrs
Interest expense	`InterestIncomeExpenseNet`	$-147.51M	USD	3 Qtrs
Interest expense	`InterestIncomeExpenseNet`	$-52.63M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNet`	$-53.38M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$688.86M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$232.10M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$231.69M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$678.32M	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`	$-107.47M	USD	1 Quarter
Equity in (loss) income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$-176.24M	USD	3 Qtrs
Equity in (loss) income of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$-16.42M	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$963.00K	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$161.00K	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$1.67M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-166.00K	USD	1 Quarter
(Loss) gain on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-135.23M	USD	3 Qtrs
(Loss) gain on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$6.77M	USD	3 Qtrs
(Loss) gain on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$1.41M	USD	1 Quarter
(Loss) gain on sale or write down of assets, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-149.29M	USD	1 Quarter
Net loss	`ProfitLoss`	$-344.56M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-13.50M	USD	1 Quarter
Net loss	`ProfitLoss`	$-68.54M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-271.96M	USD	1 Quarter
Less: net (loss) income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-784.00K	USD	3 Qtrs
Less: net (loss) income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.69M	USD	1 Quarter
Less: net (loss) income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-9.42M	USD	1 Quarter
Less: net (loss) income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-8.32M	USD	3 Qtrs
Net loss attributable to the Company	`NetIncomeLoss`	$-15.19M	USD	1 Quarter
Net loss attributable to the Company	`NetIncomeLoss`	$-336.24M	USD	3 Qtrs
Net loss attributable to the Company	`NetIncomeLoss`	$-67.76M	USD	3 Qtrs
Net loss attributable to the Company	`NetIncomeLoss`	$-262.55M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.56	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.32	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.22	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.07	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
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.22	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.56	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	215.13M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	215.63M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	215.46M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	214.98M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	214.98M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	215.46M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	215.13M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	215.63M	shares	1 Quarter

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-344.56M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-13.50M	USD	1 Quarter
Net loss	`ProfitLoss`	$-68.54M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-271.96M	USD	1 Quarter
Loss (gain) on sale or write down of assets, net	`GainLossOnSaleOrWriteDownOfAssets`	$6.77M	USD	3 Qtrs
Loss (gain) on sale or write down of assets, net	`GainLossOnSaleOrWriteDownOfAssets`	$-135.23M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$223.74M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$226.14M	USD	3 Qtrs
Amortization of share and unit-based plans	`ShareBasedCompensation`	$13.42M	USD	3 Qtrs
Amortization of share and unit-based plans	`ShareBasedCompensation`	$10.88M	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`	$-50.00K	USD	3 Qtrs
Recovery of doubtful accounts	`ProvisionForDoubtfulAccounts`	$-1.58M	USD	3 Qtrs
Recovery of doubtful accounts	`ProvisionForDoubtfulAccounts`	$-1.87M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$963.00K	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$161.00K	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.67M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$-166.00K	USD	1 Quarter
Equity in loss of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$6.32M	USD	1 Quarter
Equity in loss of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$-107.47M	USD	1 Quarter
Equity in loss of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$-176.24M	USD	3 Qtrs
Equity in loss of unconsolidated joint ventures	`IncomeLossFromEquityMethodInvestments`	$-16.42M	USD	3 Qtrs
Distributions of income from unconsolidated joint ventures	`EquityMethodInvestmentDividendsOrDistributions`	$866.00K	USD	3 Qtrs
Distributions of income from unconsolidated joint ventures	`EquityMethodInvestmentDividendsOrDistributions`	$280.00K	USD	3 Qtrs
Change in fair value of financing arrangement obligation	`LiabilitiesFairValueAdjustment`	$-14.84M	USD	3 Qtrs
Change in fair value of financing arrangement obligation	`LiabilitiesFairValueAdjustment`	$5.52M	USD	3 Qtrs
Tenant and other receivables	`IncreaseDecreaseInAccountsReceivable`	$-29.82M	USD	3 Qtrs
Tenant and other receivables	`IncreaseDecreaseInAccountsReceivable`	$-19.52M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-5.64M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-14.76M	USD	3 Qtrs
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	$9.49M	USD	3 Qtrs
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	$3.33M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$14.68M	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`	$-4.42M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$284.99M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$246.12M	USD	3 Qtrs
Acquisitions of property	`PaymentsToAcquireRealEstate`	$24.54M	USD	3 Qtrs
Acquisitions of property	`PaymentsToAcquireRealEstate`	$46.69M	USD	3 Qtrs
Development, redevelopment, expansion and renovation of properties	`PaymentsToAcquireDevelopRedevelopExpansionAndRenovationRealEstate`	$28.18M	USD	3 Qtrs
Development, redevelopment, expansion and renovation of properties	`PaymentsToAcquireDevelopRedevelopExpansionAndRenovationRealEstate`	$51.68M	USD	3 Qtrs
Property improvements	`PaymentsToDevelopRealEstateAssets`	$32.71M	USD	3 Qtrs
Property improvements	`PaymentsToDevelopRealEstateAssets`	$48.79M	USD	3 Qtrs
Deferred leasing costs	`DeferredLeasingFeesInvestingActivities`	$1.97M	USD	3 Qtrs
Deferred leasing costs	`DeferredLeasingFeesInvestingActivities`	$11.77M	USD	3 Qtrs
Distributions from unconsolidated joint ventures	`DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther`	$107.25M	USD	3 Qtrs
Distributions from unconsolidated joint ventures	`DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther`	$212.11M	USD	3 Qtrs
Contributions to unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$55.58M	USD	3 Qtrs
Contributions to unconsolidated joint ventures	`PaymentsToAcquireInterestInJointVenture`	$42.96M	USD	3 Qtrs
Proceeds from collection of receivable in connection with sale of joint venture property	`ProceedsFromCollectionOfReceivableInConnectionWithSaleOfJointVentureProperty`	$21.00M	USD	3 Qtrs
Proceeds from collection of receivable in connection with sale of joint venture property	`ProceedsFromCollectionOfReceivableInConnectionWithSaleOfJointVentureProperty`	-	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet`	$34.71M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet`	$48.77M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$32.31M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$46.65M	USD	3 Qtrs
Proceeds from mortgages, bank and other notes payable	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$314.00M	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`	$415.06M	USD	3 Qtrs
Payments on mortgages, bank and other notes payable	`RepaymentsOfLongTermDebt`	$312.63M	USD	3 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	$28.81M	USD	3 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	$2.77M	USD	3 Qtrs
Payments on finance leases	`FinanceLeasePrincipalPayments`	$1.92M	USD	3 Qtrs
Payments on finance leases	`FinanceLeasePrincipalPayments`	$2.00M	USD	3 Qtrs
Costs from stock offerings	`PaymentsOfStockIssuanceCosts`	$152.00K	USD	3 Qtrs
Costs from stock offerings	`PaymentsOfStockIssuanceCosts`	$399.00K	USD	3 Qtrs
Proceeds from share and unit-based plans	`ProceedsFromStockPlans`	$960.00K	USD	3 Qtrs
Proceeds from share and unit-based plans	`ProceedsFromStockPlans`	$1.02M	USD	3 Qtrs
Redemption of noncontrolling interests	`PaymentsToMinorityShareholders`	$328.00K	USD	3 Qtrs
Redemption of noncontrolling interests	`PaymentsToMinorityShareholders`	$49.00K	USD	3 Qtrs
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$2.00K	USD	3 Qtrs
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	-	USD	3 Qtrs
Dividends and distributions	`PaymentsOfDividendsCommonStock`	$120.13M	USD	3 Qtrs
Dividends and distributions	`PaymentsOfDividendsCommonStock`	$146.80M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-251.44M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-333.63M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$27.00M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.00M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$208.13M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.14M	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`	$166.97M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$208.13M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.14M	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`	$166.97M	USD	Point-in-time
Cash payments for interest, net of amounts capitalized	`InterestPaidNet`	$140.16M	USD	3 Qtrs
Cash payments for interest, net of amounts capitalized	`InterestPaidNet`	$135.55M	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`	$39.85M	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`	$828.00K	USD	3 Qtrs
Assets acquired from unconsolidated joint venture	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$23.55M	USD	3 Qtrs
Assets acquired from unconsolidated joint venture	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$46.71M	USD	3 Qtrs

Stockholders Equity 59 line items

Line Item	Tag	Value	Unit	Period
Distributions declared, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.17	USD	1 Quarter
Distributions declared, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.51	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
Beginning balance (in shares)	`CommonStockSharesOutstanding`	215.24M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	215.66M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.06B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.18B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.95B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.81B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.98B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Net (loss) income	`ProfitLoss`	$-344.56M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-13.50M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-68.54M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-271.96M	USD	1 Quarter
Interest rate cap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$37.00K	USD	3 Qtrs
Interest rate cap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-546.00K	USD	1 Quarter
Interest rate cap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-76.00K	USD	3 Qtrs
Interest rate cap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.00K	USD	1 Quarter
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.37M	USD	1 Quarter
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$13.22M	USD	3 Qtrs
Amortization of share and unit-based plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.21M	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`	$1.02M	USD	3 Qtrs
Stock offerings, net	`StockIssuedDuringPeriodValueNewIssues`	$-152.00K	USD	3 Qtrs
Stock offerings, net	`StockIssuedDuringPeriodValueNewIssues`	$-322.00K	USD	1 Quarter
Stock offerings, net	`StockIssuedDuringPeriodValueNewIssues`	$-32.00K	USD	1 Quarter
Stock offerings, net	`StockIssuedDuringPeriodValueNewIssues`	$-399.00K	USD	3 Qtrs
Distributions paid	`DividendsCommonStockCash`	$36.65M	USD	1 Quarter
Distributions paid	`DividendsCommonStockCash`	$109.96M	USD	3 Qtrs
Distributions paid	`DividendsCommonStockCash`	$96.79M	USD	3 Qtrs
Distributions paid	`DividendsCommonStockCash`	$32.25M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$50.01M	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$37.83M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.33M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$10.17M	USD	3 Qtrs
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterests`	$2.00K	USD	1 Quarter
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterests`	$2.00K	USD	3 Qtrs
Conversion of noncontrolling interests to common shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	3 Qtrs
Conversion of noncontrolling interests to common shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	3 Qtrs
Conversion of noncontrolling interests to common shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	1 Quarter
Conversion of noncontrolling interests to common shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	1 Quarter
Redemption of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$49.00K	USD	1 Quarter
Redemption of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$49.00K	USD	3 Qtrs
Redemption of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$328.00K	USD	3 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	3 Qtrs
Adjustment of noncontrolling interests in Operating Partnership	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	3 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	215.24M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	215.66M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.06B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.18B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.95B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.81B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.98B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-344.56M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-13.50M	USD	1 Quarter
Net loss	`ProfitLoss`	$-68.54M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-271.96M	USD	1 Quarter
Interest rate cap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$37.00K	USD	3 Qtrs
Interest rate cap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-546.00K	USD	1 Quarter
Interest rate cap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-76.00K	USD	3 Qtrs
Interest rate cap agreements	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-344.64M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-13.51M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-68.50M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-272.51M	USD	1 Quarter
Less: net (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-9.42M	USD	1 Quarter
Less: net (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.69M	USD	1 Quarter
Less: net (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-784.00K	USD	3 Qtrs
Less: net (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-8.32M	USD	3 Qtrs
Comprehensive loss attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-336.32M	USD	3 Qtrs
Comprehensive loss attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-67.72M	USD	3 Qtrs
Comprehensive loss attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-263.09M	USD	1 Quarter
Comprehensive loss attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-15.20M	USD	1 Quarter

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