v3.25.2
Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Tables)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Expected useful lives of depreciable property
Depreciation and amortization is computed over the expected useful lives of depreciable property on a straight-line basis with lives generally as follows:
Estimated
Useful Life
Buildings and improvements5-35 years
Furniture, fixtures, equipment, and other3-20 years
Intangible assets/liabilities (in-place leases and above and below-market leases)underlying lease term
Revenue Recognition, Leases We currently anticipate property revenue from existing leases as follows:
(in millions)
Year ending December 31,Operating Leases
Remainder of 2025$564.7 
2026311.0 
20273.3 
20283.0 
20292.6 
Thereafter3.6 
Total$888.2