v3.25.1
Investments in Unconsolidated Real Estate Joint Ventures (Summary Balance Sheets for Unconsolidated Joint Ventures) (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Mar. 31, 2024
Dec. 31, 2023
Assets        
Land $ 332,010 $ 311,355    
Buildings, improvements and fixtures 3,173,065 3,089,239    
Construction in progress 8,531 7,453    
Rental property, at cost, total 3,513,606 3,408,047    
Accumulated depreciation (1,423,009) (1,428,017)    
Total rental property, net 2,090,597 1,980,030    
Cash and cash equivalents 10,156 46,992 $ 8,137 $ 12,778
Deferred lease costs and other intangibles, net 104,792 85,028    
Prepaids and other assets 115,442 127,369    
Total assets 2,477,859 2,381,183    
Liabilities and Owners’ Equity        
Mortgages payable, net 58,506 58,867    
Owners’ equity 660,013 679,674 $ 579,723 $ 591,313
Total liabilities and equity 2,477,859 2,381,183    
Total liabilities 1,817,846 1,701,509    
Unconsolidated Properties        
Assets        
Land 78,064 79,920    
Buildings, improvements and fixtures 460,191 459,148    
Construction in progress 947 1,051    
Rental property, at cost, total 539,202 540,119    
Accumulated depreciation (219,514) (214,826)    
Total rental property, net 319,688 325,293    
Cash and cash equivalents 11,635 17,480    
Deferred lease costs and other intangibles, net 1,634 1,841    
Prepaids and other assets 8,903 10,137    
Total assets 341,860 354,751    
Liabilities and Owners’ Equity        
Mortgages payable, net 316,510 317,191    
Accounts payable and other liabilities 11,505 14,670    
Owners’ equity 13,845 22,890    
Total liabilities and equity 341,860 354,751    
Total liabilities $ 328,015 $ 331,861