v3.25.2
Segment Information - Schedule of Reconciliation of NOI at our share to loss before income tax (expense) benefit (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Information        
NOI at our share $ 65,633 $ 69,253 $ 130,918 $ 143,083
Net third-party real estate services, excluding reimbursements, at our share 1,453 (1,024) 601 (5,378)
Income (loss) from unconsolidated real estate ventures, net 1,091 (226) 499 749
Interest and other income, net 698 3,432 1,223 5,532
Gain on the sale of real estate, net 41,832 89 42,369 286
Depreciation and amortization expense 47,560 51,306 95,147 108,161
General and administrative expense: corporate and other 16,720 17,001 32,277 31,974
Transaction and other costs 2,846 824 4,757 2,338
Interest expense 35,571 31,973 70,771 62,133
Gain (loss) on the extinguishment of debt, net (2,234)   2,402  
Impairment loss 31,813 1,025 40,296 18,236
Our share of net third-party real estate services attributable to real estate ventures (210) (229) (515) (334)
NOI attributable to unconsolidated real estate ventures at our share (1,287) (1,168) (2,277) (4,215)
Real estate venture partner's share of NOI attributable to consolidated real estate ventures 272   272  
Non-cash rent adjustments (71) 2,509 (2,510) 3,939
Other adjustments (399) (3,324) (2,092) 2,705
Total adjustments (1,695) (2,212) (7,122) 2,095
LOSS BEFORE INCOME TAX (EXPENSE) BENEFIT $ (23,264) $ (32,817) $ (77,162) $ (76,475)