REAL ESTATE PROPERTIES (Details) $ in Thousands |
3 Months Ended | 6 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2025
USD ($)
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Jun. 30, 2024
USD ($)
|
Jun. 30, 2025
USD ($)
Integer
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Jun. 30, 2024
USD ($)
|
Dec. 31, 2024
USD ($)
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Real Estate Properties [Line Items] | |||||||||
Number of Reporting Units | Integer | 1 | ||||||||
Depreciation Expense | $ 43,093 | $ 37,646 | $ 85,401 | $ 74,851 | |||||
Real Estate Properties | |||||||||
Land | 905,877 | 905,877 | $ 888,140 | ||||||
Building and building improvements | 3,951,399 | 3,951,399 | 3,815,850 | ||||||
Tenant and other improvements | 801,009 | 801,009 | 761,061 | ||||||
Right of use assets - Ground leases (operating) | [1] | 36,666 | 36,666 | 38,393 | |||||
Development and value-add properties | [2] | 678,013 | 678,013 | 674,472 | |||||
Real estate, development and value-add properties | 6,372,964 | 6,372,964 | 6,177,916 | ||||||
Less accumulated depreciation | (1,498,548) | (1,498,548) | (1,415,576) | ||||||
Real estate, net | $ 4,874,416 | $ 4,874,416 | $ 4,762,340 | ||||||
Building [Member] | |||||||||
Real Estate Properties [Line Items] | |||||||||
Property, Plant and Equipment, Useful Life | 40 years | 40 years | |||||||
Minimum [Member] | Building and Building Improvements | |||||||||
Real Estate Properties [Line Items] | |||||||||
Property, Plant and Equipment, Useful Life | 3 years | 3 years | |||||||
Maximum [Member] | Building and Building Improvements | |||||||||
Real Estate Properties [Line Items] | |||||||||
Property, Plant and Equipment, Useful Life | 15 years | 15 years | |||||||
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