Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Adoption of ASU 2016-13, net of tax effect
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Deficit
Adoption of ASU 2016-13, net of tax effect
Accumulated Other Comprehensive Income (Loss)
Non-controlling interests
Non-controlling interests
Adoption of ASU 2016-13, net of tax effect
Beginning Balance (in shares) at Dec. 31, 2019     66,338            
Beginning Balance at Dec. 31, 2019 $ 939,912 $ (14,105) $ 663 $ 1,102,303 $ (169,786) $ (14,031) $ 3,300 $ 3,432 $ (74)
Ending Balance (in shares) at Mar. 31, 2020     71,325            
Ending Balance at Mar. 31, 2020 1,036,555   $ 713 1,206,225 (185,789)   11,076 4,330  
Beginning Balance (in shares) at Dec. 31, 2019     66,338            
Beginning Balance at Dec. 31, 2019 939,912 $ (14,105) $ 663 1,102,303 (169,786) $ (14,031) 3,300 3,432 $ (74)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 36,469       36,317     152  
Unrealized gain (loss) on available-for-sale securities 11,407           11,358 49  
Unrealized gain (loss) on interest rate swaps (5,061)           (5,039) (22)  
Issued shares of common stock (in shares)     6,444            
Issued shares of common stock 159,550   $ 65 159,485          
Equity-based compensation 8,739     6,481       2,258  
Issuance (repurchase) of vested equity-based compensation shares (in shares)     537            
Issuance (repurchase) of vested equity-based compensation shares (17,288)   $ 5 (17,293)          
Dividends and distributions (51,659)       (51,219)     (440)  
Ending Balance (in shares) at Jun. 30, 2020     73,319            
Ending Balance at Jun. 30, 2020 $ 1,067,964   $ 733 1,250,976 (198,719)   9,619 5,355  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Accounting standards update us-gaap:AccountingStandardsUpdate201613Member                
Beginning Balance (in shares) at Mar. 31, 2020     71,325            
Beginning Balance at Mar. 31, 2020 $ 1,036,555   $ 713 1,206,225 (185,789)   11,076 4,330  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 12,058       12,008     50  
Unrealized gain (loss) on available-for-sale securities 3,953           3,938 15  
Unrealized gain (loss) on interest rate swaps (5,419)           (5,395) (24)  
Issued shares of common stock (in shares)     1,938            
Issued shares of common stock 44,191   $ 20 44,171          
Equity-based compensation 3,219     1,900       1,319  
Issuance (repurchase) of vested equity-based compensation shares (in shares)     56            
Issuance (repurchase) of vested equity-based compensation shares (1,320)     (1,320)          
Dividends and distributions (25,273)       (24,938)     (335)  
Ending Balance (in shares) at Jun. 30, 2020     73,319            
Ending Balance at Jun. 30, 2020 1,067,964   $ 733 1,250,976 (198,719)   9,619 5,355  
Beginning Balance (in shares) at Dec. 31, 2020     76,457            
Beginning Balance at Dec. 31, 2020 1,210,149   $ 765 1,394,009 (204,112)   12,634 6,853  
Ending Balance (in shares) at Mar. 31, 2021     78,319            
Ending Balance at Mar. 31, 2021 1,311,320   $ 783 1,489,168 (181,992)   (5,360) 8,721  
Beginning Balance (in shares) at Dec. 31, 2020     76,457            
Beginning Balance at Dec. 31, 2020 1,210,149   $ 765 1,394,009 (204,112)   12,634 6,853  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 67,624       66,998     626  
Unrealized gain (loss) on available-for-sale securities (7,368)           (7,323) (45)  
Unrealized gain (loss) on interest rate swaps 6,054           6,025 29  
Issued shares of common stock (in shares)     1,639            
Issued shares of common stock 102,889   $ 16 102,873          
Equity-based compensation 14,250     4,241       10,009  
Issuance (repurchase) of vested equity-based compensation shares (in shares)     323            
Issuance (repurchase) of vested equity-based compensation shares (14,017)   $ 3 (14,020)          
Dividends and distributions (57,032)       (56,416)     (616)  
Ending Balance (in shares) at Jun. 30, 2021     78,419            
Ending Balance at Jun. 30, 2021 1,322,549   $ 784 1,487,103 (193,530)   11,336 16,856  
Beginning Balance (in shares) at Mar. 31, 2021     78,319            
Beginning Balance at Mar. 31, 2021 1,311,320   $ 783 1,489,168 (181,992)   (5,360) 8,721  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 16,408       15,974     434  
Unrealized gain (loss) on available-for-sale securities 11,943           11,905 38  
Unrealized gain (loss) on interest rate swaps 4,814           4,791 23  
Issued shares of common stock (37)     (37)          
Equity-based compensation 9,572     1,602       7,970  
Issuance (repurchase) of vested equity-based compensation shares (in shares)     100            
Issuance (repurchase) of vested equity-based compensation shares (3,629)   $ 1 (3,630)          
Dividends and distributions (27,842)       (27,512)     (330)  
Ending Balance (in shares) at Jun. 30, 2021     78,419            
Ending Balance at Jun. 30, 2021 $ 1,322,549   $ 784 $ 1,487,103 $ (193,530)   $ 11,336 $ 16,856