v3.25.2
Reportable Segments - Reconciliation of Net Income to Net Operating Income (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Net income $ 14,658 $ 7,961 $ 35,751 $ 21,412
Total Revenues (240,128) (212,978) (490,456) (422,219)
General and administrative expenses 9,738 8,907 20,447 18,121
Interest expense 38,514 29,743 75,288 58,651
Depreciation and amortization 100,890 95,415 203,004 181,645
Reimbursed expenses 119 151 296 291
Other expenses 443 603 865 1,275
Loss (income) from unconsolidated joint ventures 1,587 (439) 3,470 (787)
Net operating income from unconsolidated joint ventures 3,165 1,561 5,388 2,913
Gain (loss) on investment property transactions 0 3 0 (98)
Net Operating Income 166,701 141,315 331,929 279,940
Fee income        
Segment Reporting Information [Line Items]        
Total Revenues (494) (406) (990) (785)
Termination fee income        
Segment Reporting Information [Line Items]        
Total Revenues 0 (1,086) (2,866) (1,556)
Other income        
Segment Reporting Information [Line Items]        
Total Revenues $ (1,919) $ (1,098) $ (8,724) $ (1,142)