v3.25.2
Consolidated Statements of Capital (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net income $ 108,349 $ 104,929 $ 220,202 $ 217,587
Other comprehensive income (loss)        
Amounts reclassified from accumulated other comprehensive income (loss) (1,015) (2,440) (2,760) (4,807)
Contributions from partners 5,439 1,529 10,626 3,001
Distributions to partners (2,620) (1,890) (6,130) (6,254)
Total Partners' Capital [Member]        
Net income 106,021 102,668 215,608 212,442
Other comprehensive income (loss)        
Amounts reclassified from accumulated other comprehensive income (loss) (927) (2,285) (2,579) (4,499)
Partnership Interest [Member]        
Beginning Balance 6,876,440 7,178,019 6,900,307 7,191,935
Net income 108,349 104,929 220,202 217,587
Other comprehensive income (loss)        
Other comprehensive income (loss) before reclassification (1,201) 3,123 (3,655) 11,597
Amounts reclassified from accumulated other comprehensive income (loss) (1,015) (2,440) (2,760) (4,807)
Contributions from partners 5,439 1,529 10,626 3,001
Distributions to partners (131,356) (125,322) (263,616) (254,218)
Preferred unit distributions (3,413) (3,413) (6,826) (6,826)
Restricted units issued as a result of restricted stock issued by Parent Company, net of amortization 5,570 6,561 11,118 13,137
Repurchase of exchangeable operating partnership units (2,046)   (2,046)  
Common units repurchased and retired as a result of common stock repurchased and retired by Parent Company   (200,066)   (200,066)
Common units repurchased as a result of common stock repurchased by Parent Company, net of issuances 173 250 (6,410) (8,170)
Ending Balance 6,856,940 6,963,170 6,856,940 6,963,170
Partnership Interest [Member] | Total Partners' Capital [Member]        
Beginning Balance 6,740,162 7,061,317 6,764,890 7,074,882
Net income 106,607 103,269 216,836 213,685
Other comprehensive income (loss)        
Other comprehensive income (loss) before reclassification (1,153) 2,973 (3,462) 11,008
Amounts reclassified from accumulated other comprehensive income (loss) (933) (2,299) (2,593) (4,526)
Adjustment for noncontrolling interests in the Operating Partnership   (8,694)   (8,694)
Contributions from partners     2,210  
Distributions to partners (128,736) (123,432) (257,486) (247,964)
Preferred unit distributions (3,413) (3,413) (6,826) (6,826)
Restricted units issued as a result of restricted stock issued by Parent Company, net of amortization 5,570 6,561 11,118 13,137
Repurchase of exchangeable operating partnership units (2,046)   (2,046)  
Common units repurchased and retired as a result of common stock repurchased and retired by Parent Company   (200,066)   (200,066)
Common units repurchased as a result of common stock repurchased by Parent Company, net of issuances 173 250 (6,410) (8,170)
Ending Balance 6,716,231 6,836,466 6,716,231 6,836,466
Partnership Interest [Member] | Accumulated Other Comprehensive Income (Loss) [Member]        
Beginning Balance (1,715) 4,465 2,226 (1,308)
Other comprehensive income (loss)        
Other comprehensive income (loss) before reclassification (1,146) 2,955 (3,435) 10,942
Amounts reclassified from accumulated other comprehensive income (loss) (927) (2,285) (2,579) (4,499)
Ending Balance (3,788) 5,135 (3,788) 5,135
Partnership Interest [Member] | Noncontrolling Interests In Limited Partners Interest In Consolidated Partnerships [Member]        
Beginning Balance 136,278 116,702 135,417 117,053
Net income 1,742 1,660 3,366 3,902
Other comprehensive income (loss)        
Other comprehensive income (loss) before reclassification (48) 150 (193) 589
Amounts reclassified from accumulated other comprehensive income (loss) (82) (141) (167) (281)
Adjustment for noncontrolling interests in the Operating Partnership   8,694   8,694
Contributions from partners 5,439 1,529 8,416 3,001
Distributions to partners (2,620) (1,890) (6,130) (6,254)
Ending Balance 140,709 126,704 140,709 126,704
Partnership Interest [Member] | General Partner Preferred and Common Units [Member]        
Beginning Balance 6,701,293 7,015,246 6,721,920 7,033,995
Net income 106,021 102,668 215,608 212,442
Other comprehensive income (loss)        
Adjustment for noncontrolling interests in the Operating Partnership   (8,694) 2,210 (8,694)
Distributions to partners (127,984) (121,959) (255,960) (245,754)
Preferred unit distributions (3,413) (3,413) (6,826) (6,826)
Restricted units issued as a result of restricted stock issued by Parent Company, net of amortization 5,570 6,561 11,118 13,137
Common units repurchased and retired as a result of common stock repurchased and retired by Parent Company   (200,066)   (200,066)
Common units repurchased as a result of common stock repurchased by Parent Company, net of issuances 173 250 (6,410) (8,170)
Exchangeable operating partnership units converted to common stock of Parent Company       529
Ending Balance 6,681,660 6,790,593 6,681,660 6,790,593
Partnership Interest [Member] | Limited Partner [Member]        
Beginning Balance 40,584 41,606 40,744 42,195
Net income 586 601 1,228 1,243
Other comprehensive income (loss)        
Other comprehensive income (loss) before reclassification (7) 18 (27) 66
Amounts reclassified from accumulated other comprehensive income (loss) (6) (14) (14) (27)
Adjustment for noncontrolling interests in the Operating Partnership     (2,210)  
Contributions from partners     2,210  
Distributions to partners (752) (1,473) (1,526) (2,210)
Repurchase of exchangeable operating partnership units (2,046)   (2,046)  
Exchangeable operating partnership units converted to common stock of Parent Company       (529)
Ending Balance $ 38,359 $ 40,738 $ 38,359 $ 40,738