| Reconciliation of Changes in Parent Company's Total Shareholders' Equity |
The following is a reconciliation of the changes in the Parent Company’s total shareholders’ equity for the six months ended June 30, 2020:
|
(dollars in thousands)
|
|
Common
Stock
|
|
|
Additional
Paid-in
Capital
|
|
|
Dividends in
Excess of
Net Income
|
|
|
Accumulated
Other
Comprehensive
Income (Loss)
|
|
|
Total
Shareholders’
Equity
|
|
|
Balance December 31, 2019
|
|
$
|
467
|
|
|
$
|
2,376,723
|
|
|
$
|
(238,338
|
)
|
|
$
|
(5,958
|
)
|
|
$
|
2,132,894
|
|
|
Net proceeds from issuance of common stock
|
|
|
2
|
|
|
|
21,464
|
|
|
|
—
|
|
|
|
—
|
|
|
|
21,466
|
|
|
Earned portion of non-vested stock
|
|
|
—
|
|
|
|
1,124
|
|
|
|
—
|
|
|
|
—
|
|
|
|
1,124
|
|
|
Adjustment to redemption value on
noncontrolling redeemable Operating
Partnership units
|
|
|
—
|
|
|
|
—
|
|
|
|
5,542
|
|
|
|
—
|
|
|
|
5,542
|
|
|
Net income attributable to common shareholders
|
|
|
—
|
|
|
|
—
|
|
|
|
36,433
|
|
|
|
—
|
|
|
|
36,433
|
|
|
Amortization of terminated hedge included in
AOCL
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
229
|
|
|
|
229
|
|
|
Dividends
|
|
|
—
|
|
|
|
—
|
|
|
|
(49,969
|
)
|
|
|
—
|
|
|
|
(49,969
|
)
|
|
Balance March 31, 2020
|
|
|
469
|
|
|
|
2,399,311
|
|
|
|
(246,332
|
)
|
|
|
(5,729
|
)
|
|
|
2,147,719
|
|
|
Earned portion of non-vested stock
|
|
|
—
|
|
|
|
1,071
|
|
|
|
—
|
|
|
|
—
|
|
|
|
1,071
|
|
|
Adjustment to redemption value on
noncontrolling redeemable Operating
Partnership units
|
|
|
—
|
|
|
|
—
|
|
|
|
(2,609
|
)
|
|
|
—
|
|
|
|
(2,609
|
)
|
|
Net income attributable to common shareholders
|
|
|
—
|
|
|
|
—
|
|
|
|
36,457
|
|
|
|
—
|
|
|
|
36,457
|
|
|
Amortization of terminated hedge included in
AOCL
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
229
|
|
|
|
229
|
|
|
Dividends
|
|
|
—
|
|
|
|
—
|
|
|
|
(50,186
|
)
|
|
|
—
|
|
|
|
(50,186
|
)
|
|
Balance June 30, 2020
|
|
$
|
469
|
|
|
$
|
2,400,382
|
|
|
$
|
(262,670
|
)
|
|
$
|
(5,500
|
)
|
|
$
|
2,132,681
|
|
The following is a reconciliation of the changes in the Parent Company’s total shareholders’ equity for the six months ended June 30, 2019:
|
(dollars in thousands)
|
|
Common
Stock
|
|
|
Additional
Paid-in
Capital
|
|
|
Dividends in
Excess of
Net Income
|
|
|
Accumulated
Other
Comprehensive
Income (Loss)
|
|
|
Total
Shareholders’
Equity
|
|
|
Balance December 31, 2018
|
|
$
|
466
|
|
|
$
|
2,372,157
|
|
|
$
|
(308,011
|
)
|
|
$
|
(6,875
|
)
|
|
$
|
2,057,737
|
|
|
Earned portion of non-vested stock
|
|
|
—
|
|
|
|
1,396
|
|
|
|
—
|
|
|
|
—
|
|
|
|
1,396
|
|
|
Adjustment to redemption value on
noncontrolling redeemable Operating
Partnership units
|
|
|
—
|
|
|
|
—
|
|
|
|
(294
|
)
|
|
|
—
|
|
|
|
(294
|
)
|
|
Net income attributable to common shareholders
|
|
|
—
|
|
|
|
—
|
|
|
|
34,454
|
|
|
|
—
|
|
|
|
34,454
|
|
|
Amortization of terminated hedge included in
AOCL
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
229
|
|
|
|
229
|
|
|
Dividends
|
|
|
—
|
|
|
|
—
|
|
|
|
(46,631
|
)
|
|
|
—
|
|
|
|
(46,631
|
)
|
|
Balance March 31, 2019
|
|
|
466
|
|
|
|
2,373,553
|
|
|
|
(320,482
|
)
|
|
|
(6,646
|
)
|
|
|
2,046,891
|
|
|
Issuance of non-vested stock
|
|
|
1
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
1
|
|
|
Earned portion of non-vested stock
|
|
|
—
|
|
|
|
839
|
|
|
|
—
|
|
|
|
—
|
|
|
|
839
|
|
|
Adjustment to redemption value on
noncontrolling redeemable Operating
Partnership units
|
|
|
—
|
|
|
|
—
|
|
|
|
(150
|
)
|
|
|
—
|
|
|
|
(150
|
)
|
|
Net income attributable to common shareholders
|
|
|
—
|
|
|
|
—
|
|
|
|
40,742
|
|
|
|
—
|
|
|
|
40,742
|
|
|
Amortization of terminated hedge included in
AOCL
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
229
|
|
|
|
229
|
|
|
Dividends
|
|
|
—
|
|
|
|
—
|
|
|
|
(46,632
|
)
|
|
|
—
|
|
|
|
(46,632
|
)
|
|
Balance June 30, 2019
|
|
$
|
467
|
|
|
$
|
2,374,392
|
|
|
$
|
(326,522
|
)
|
|
$
|
(6,417
|
)
|
|
$
|
2,041,920
|
|
|