Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Equity

v3.21.1
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 Shareholders' 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 stock-based compensation, shares   36,350          
Stock compensation, net     760   760   760
Cash paid for taxes in lieu of shares upon vesting of restricted stock units     (3,655)   (3,655)   (3,655)
Net income       53,936 53,936 11,092 65,028
Distributions              
Preferred stock (Note 9)       (12,046) (12,046)   (12,046)
Common stock       (28,817) (28,817)   (28,817)
Noncontrolling interests—Common Units           (7,671) (7,671)
Noncontrolling interests—Joint venture           (38) (38)
Balances at Mar. 31, 2020 $ 944,750 $ 274 734,091 76,739 1,755,854 219,518 1,975,372
Balances, shares at Mar. 31, 2020 37,790 27,477,303          
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 stock-based compensation, shares   28,392          
Stock compensation, net     1,616   1,616   1,616
Cash paid for taxes in lieu of shares upon vesting of restricted stock units     (3,197)   (3,197)   (3,197)
Capital contribution to joint venture           159 159
Issuance costs     (105)   (105)   (105)
Net income       40,096 40,096 7,411 47,507
Distributions              
Preferred stock (Note 9)       (12,046) (12,046)   (12,046)
Common stock       (28,872) (28,872)   (28,872)
Noncontrolling interests—Common Units           (7,671) (7,671)
Noncontrolling interests—Joint venture           (17) (17)
Balances at Mar. 31, 2021 $ 944,750 $ 274 $ 736,336 $ 72,809 $ 1,754,169 $ 218,845 $ 1,973,014
Balances, shares at Mar. 31, 2021 37,790 27,516,939