Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Equity

v3.21.2
Consolidated Statements Of Equity - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock [Member]
Paid-In Capital [Member]
Accumulated Earnings [Member]
Total PS Business Parks, Inc.'s Stockholders' Equity [Member]
Noncontrolling Interests [Member]
Total
Balances at Dec. 31, 2019 $ 944,750 $ 274 $ 736,986 $ 63,666 $ 1,745,676 $ 216,135 $ 1,961,811
Balances, shares at Dec. 31, 2019 37,790 27,440,953          
Issuance of common stock in connection with share-based compensation     259   259   259
Issuance of common stock in connection with share-based compensation, shares   45,835          
Stock compensation, net     3,922   3,922   3,922
Cash paid for taxes in lieu of stock upon vesting of restricted stock units     (4,102)   (4,102)   (4,102)
Capital contribution from noncontrolling interests - joint venture           438 438
Net income       134,399 134,399 26,011 160,410
Distributions              
Preferred stock (Note 9)       (36,139) (36,139)   (36,139)
Common stock       (86,533) (86,533)   (86,533)
Noncontrolling interests—Common Units           (23,012) (23,012)
Noncontrolling interests—Joint venture           (109) (109)
Balances at Sep. 30, 2020 $ 944,750 $ 274 737,065 75,393 1,757,482 219,463 1,976,945
Balances, shares at Sep. 30, 2020 37,790 27,486,788          
Balances at Jun. 30, 2020 $ 944,750 $ 274 735,129 73,524 1,753,677 218,618 1,972,295
Balances, shares at Jun. 30, 2020 37,790 27,481,486          
Issuance of common stock in connection with share-based compensation, shares   5,302          
Stock compensation, net     2,378   2,378   2,378
Cash paid for taxes in lieu of stock upon vesting of restricted stock units     (442)   (442)   (442)
Capital contribution from noncontrolling interests - joint venture           438 438
Net income       42,775 42,775 8,124 50,899
Distributions              
Preferred stock (Note 9)       (12,046) (12,046)   (12,046)
Common stock       (28,860) (28,860)   (28,860)
Noncontrolling interests—Common Units           (7,671) (7,671)
Noncontrolling interests—Joint venture           (46) (46)
Balances at Sep. 30, 2020 $ 944,750 $ 274 737,065 75,393 1,757,482 219,463 1,976,945
Balances, shares at Sep. 30, 2020 37,790 27,486,788          
Balances at Dec. 31, 2020 $ 944,750 $ 274 738,022 73,631 1,756,677 218,963 1,975,640
Balances, shares at Dec. 31, 2020 37,790 27,488,547          
Issuance of common stock in connection with share-based compensation   $ 1 906   907   907
Issuance of common stock in connection with share-based compensation, shares   57,606          
Stock compensation, net     5,889   5,889   5,889
Cash paid for taxes in lieu of stock upon vesting of restricted stock units     (3,680)   (3,680)   (3,680)
Capital contribution from noncontrolling interests - joint venture           523 523
Issuance costs     (105)   (105)   (105)
Net income       162,665 162,665 33,355 196,020
Distributions              
Preferred stock (Note 9)       (36,139) (36,139)   (36,139)
Common stock       (86,713) (86,713)   (86,713)
Noncontrolling interests—Common Units           (23,012) (23,012)
Noncontrolling interests—Joint venture           (60) (60)
Balances at Sep. 30, 2021 $ 944,750 $ 275 741,032 113,444 1,799,501 229,769 2,029,270
Balances, shares at Sep. 30, 2021 37,790 27,546,153          
Balances at Jun. 30, 2021 $ 944,750 $ 275 739,336 89,800 1,774,161 223,374 1,997,535
Balances, shares at Jun. 30, 2021 37,790 27,541,464          
Issuance of common stock in connection with share-based compensation, shares   4,689          
Stock compensation, net     2,174   2,174   2,174
Cash paid for taxes in lieu of stock upon vesting of restricted stock units     (478)   (478)   (478)
Capital contribution from noncontrolling interests - joint venture           236 236
Net income       64,613 64,613 13,850 78,463
Distributions              
Preferred stock (Note 9)       (12,046) (12,046)   (12,046)
Common stock       (28,923) (28,923)   (28,923)
Noncontrolling interests—Common Units           (7,671) (7,671)
Noncontrolling interests—Joint venture           (20) (20)
Balances at Sep. 30, 2021 $ 944,750 $ 275 $ 741,032 $ 113,444 $ 1,799,501 $ 229,769 $ 2,029,270
Balances, shares at Sep. 30, 2021 37,790 27,546,153