v3.25.2
Condensed Consolidated Statements of Equity - USD ($)
shares in Thousands, $ in Thousands
Common Shares
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Total
Balance at beginning of period at Dec. 31, 2023 $ 944 $ 2,978,852 $ (776,962) $ 20,042 $ 28,973 $ 2,251,849
Balance at beginning of period (in shares) at Dec. 31, 2023 94,309          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss attributable to common shareholders and noncontrolling interests     (56,649)   (10,967) (67,616)
Redemption of OP Units for common shares $ 7 10,209       10,216
Redemption of OP Units for common shares (in shares) 625          
Common shares repurchased $ (77) (118,081)       $ (118,158)
Common shares repurchased (in shares) (7,686)         (7,700)
Common shares issued pursuant to employee incentive compensation plan and ESPP   1,326       $ 1,326
Common shares issued pursuant to employee incentive compensation plan and ESPP (in shares) 58          
Dividends declared on common shares     (32,171)     (32,171)
Acquisition of noncontrolling interests   (21,893)     (4,693) (26,586)
Contributions from noncontrolling interests, net         35 35
Redeemable noncontrolling interests redemption value adjustment and total other comprehensive income (loss) allocation   5,311   (1,592)   3,719
Total other comprehensive income (loss)       11,968   11,968
Other comprehensive income attributable to noncontrolling interests       (1,588) 1,588 (1,588)
Balance at end of period (in shares) at Jun. 30, 2024 87,306          
Balance at end of period at Jun. 30, 2024 $ 874 2,855,724 (865,782) 28,830 14,936 2,034,582
Balance at beginning of period at Mar. 31, 2024 $ 919 2,941,724 (825,304) 31,352 24,658 2,173,349
Balance at beginning of period (in shares) at Mar. 31, 2024 91,819          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss attributable to common shareholders and noncontrolling interests     (24,373)   (5,587) (29,960)
Redemption of OP Units for common shares $ 2 2,339       2,341
Redemption of OP Units for common shares (in shares) 157          
Common shares repurchased $ (47) (68,667)       $ (68,714)
Common shares repurchased (in shares) (4,693)         (4,700)
Common shares issued pursuant to employee incentive compensation plan and ESPP   737       $ 737
Common shares issued pursuant to employee incentive compensation plan and ESPP (in shares) 23          
Dividends declared on common shares     (16,105)     (16,105)
Acquisition of noncontrolling interests   (21,893)     (4,693) (26,586)
Contributions from noncontrolling interests, net         53 53
Redeemable noncontrolling interests redemption value adjustment and total other comprehensive income (loss) allocation   1,484   434   1,918
Total other comprehensive income (loss)       (2,451)   (2,451)
Other comprehensive income attributable to noncontrolling interests       (505) 505 (505)
Balance at end of period (in shares) at Jun. 30, 2024 87,306          
Balance at end of period at Jun. 30, 2024 $ 874 2,855,724 (865,782) 28,830 $ 14,936 2,034,582
Balance at beginning of period at Dec. 31, 2024 $ 846 2,790,403 (997,283) 15,092   $ 1,809,058
Balance at beginning of period (in shares) at Dec. 31, 2024 84,500         84,500
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss attributable to common shareholders and noncontrolling interests     (64,961)     $ (64,961)
Redemption of OP Units for common shares $ 8 10,846       10,854
Redemption of OP Units for common shares (in shares) 712          
Common shares repurchased $ (234) (372,614)       $ (372,848)
Common shares repurchased (in shares) (23,329)         (23,300)
Common shares issued pursuant to employee incentive compensation plan and ESPP   1,244       $ 1,244
Common shares issued pursuant to employee incentive compensation plan and ESPP (in shares) 62          
Dividends declared on common shares     (12,434)     (12,434)
Redeemable noncontrolling interests redemption value adjustment and total other comprehensive income (loss) allocation   (32,624)   3,446   (29,178)
Total other comprehensive income (loss)       (18,942)   $ (18,942)
Balance at end of period (in shares) at Jun. 30, 2025 61,945         61,945
Balance at end of period at Jun. 30, 2025 $ 620 2,397,255 (1,074,678) (404)   $ 1,322,793
Balance at beginning of period at Mar. 31, 2025 $ 731 2,607,115 (1,043,003) 6,149   1,570,992
Balance at beginning of period (in shares) at Mar. 31, 2025 73,033          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss attributable to common shareholders and noncontrolling interests     (19,241)     (19,241)
Redemption of OP Units for common shares $ 1 1,134       1,135
Redemption of OP Units for common shares (in shares) 65          
Common shares repurchased $ (112) (185,001)       $ (185,113)
Common shares repurchased (in shares) (11,175)         (11,200)
Common shares issued pursuant to employee incentive compensation plan and ESPP   680       $ 680
Common shares issued pursuant to employee incentive compensation plan and ESPP (in shares) 22          
Dividends declared on common shares     (12,434)     (12,434)
Redeemable noncontrolling interests redemption value adjustment and total other comprehensive income (loss) allocation   (26,673)   1,562   (25,111)
Total other comprehensive income (loss)       (8,115)   $ (8,115)
Balance at end of period (in shares) at Jun. 30, 2025 61,945         61,945
Balance at end of period at Jun. 30, 2025 $ 620 $ 2,397,255 $ (1,074,678) $ (404)   $ 1,322,793