Douglas Emmett Inc
For the period ended Dec 31, 2023. Filed Feb 16, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 16, 2024
DEI$10.38+2.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Equity
(In thousands, except dividend per share data)
| Year Ended December 31, | ||||||
|---|---|---|---|---|---|---|
| 2023 · 2022 · 2021 | ||||||
| Shares of Common Stock | Beginning balance | 175,810 | 175,529 | 175,464 | ||
| Exchange of OP Units for common stock | 468 | 281 | 65 | |||
| Repurchases of common stock | (9,072) | — | — | |||
| Ending balance | 167,206 | 175,810 | 175,529 | |||
| Common Stock | Beginning balance | $1,758 | $1,755 | $1,755 | ||
| Exchange of OP Units for common stock | 5 | 3 | — | |||
| Repurchases of common stock | (91) | — | — | |||
| Ending balance | $1,672 | $1,758 | $1,755 | |||
| Additional Paid-in Capital | Beginning balance | $3,493,307 | $3,488,886 | $3,487,887 | ||
| Exchange of OP Units for common stock | 7,736 | 4,597 | 1,056 | |||
| Repurchases of OP Units with cash | 1,054 | (176) | (57) | |||
| Repurchases of common stock | (109,142) | — | — | |||
| Ending balance | $3,392,955 | $3,493,307 | $3,488,886 | |||
| Accumulated Other Comprehensive Income (Loss) | Beginning balance | $187,063 | $(38,774) | $(148,035) | ||
| Cash flow hedge adjustments | (71,146) | 225,837 | 109,261 | |||
| Ending balance | $115,917 | $187,063 | $(38,774) | |||
| Accumulated Deficit | Beginning balance | $(1,119,714) | $(1,035,798) | $(904,516) | ||
| Net (loss) income attributable to common stockholders | (42,706) | 97,145 | 65,267 | |||
| Dividends | (128,262) | (181,061) | (196,549) | |||
| Ending balance | $(1,290,682) | $(1,119,714) | $(1,035,798) | |||
| Noncontrolling Interests | Beginning balance | $1,713,369 | $1,570,484 | $1,558,928 | ||
| Net loss | (33,134) | (605) | (9,136) | |||
| Cash flow hedge adjustments | (28,885) | 99,711 | 49,662 | |||
| Contributions | 125 | 81,000 | — | |||
| Distributions | (40,589) | (58,969) | (54,919) | |||
| Exchange of OP Units for common stock | (7,741) | (4,600) | (1,056) | |||
| Repurchases of OP Units with cash | (3,460) | (161) | (65) | |||
| Stock-based compensation | 25,850 | 26,509 | 27,070 | |||
| Ending balance | $1,625,535 | $1,713,369 | $1,570,484 | |||
| Statement continues on the following page. | ||||||
F- 8
Consolidated Statements of Equity
(In thousands, except dividend per share data)
| Year Ended December 31, | ||||||
|---|---|---|---|---|---|---|
| 2023 · 2022 · 2021 | ||||||
| Total Equity | Beginning balance | $4,275,783 | $3,986,553 | $3,996,019 | ||
| Net (loss) income | (75,840) | 96,540 | 56,131 | |||
| Cash flow hedge adjustments | (100,031) | 325,548 | 158,923 | |||
| Repurchases of OP Units with cash | (2,406) | (337) | (122) | |||
| Repurchases of common stock | (109,233) | — | — | |||
| Contributions | 125 | 81,000 | — | |||
| Dividends | (128,262) | (181,061) | (196,549) | |||
| Distributions | (40,589) | (58,969) | (54,919) | |||
| Stock-based compensation | 25,850 | 26,509 | 27,070 | |||
| Ending balance | $3,845,397 | $4,275,783 | $3,986,553 | |||
| Dividends declared per common share | $0.76 | $1.03 | $1.12 | |||
F- 9
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.