v3.25.2
Segment Reporting - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Revenues:          
Revenue, excluding third-party management and other fees $ 190,842 $ 189,167 $ 370,477 $ 370,081  
Intercompany rental revenue 0 0 0 0  
Total revenues, excluding third-party management and other fees 190,842 189,167 370,477 370,081  
Segment operating expenses:          
Property operating expenses 44,880 41,516 89,940 86,576  
Observatory expenses 9,822 8,958 17,940 17,389  
Other segment expenses 34,939 34,215 70,320 68,787  
Total segment operating expenses 89,641 84,689 178,200 172,752  
Net operating income 101,201 104,478 192,277 197,329  
Segment assets 4,078,750 4,433,250 4,078,750 4,433,250 $ 4,510,287
Intersegment Elimination          
Revenues:          
Revenue, excluding third-party management and other fees 0 0 0 0  
Intercompany rental revenue (20,666) (20,980) (35,826) (37,047)  
Total revenues, excluding third-party management and other fees (20,666) (20,980) (35,826) (37,047)  
Segment operating expenses:          
Property operating expenses 0 0 0 0  
Observatory expenses 0 0 0 0  
Other segment expenses (20,666) (20,980) (35,826) (37,047)  
Total segment operating expenses (20,666) (20,980) (35,826) (37,047)  
Net operating income 0 0 0 0  
Segment assets 0 0 0 0  
Real Estate | Operating Segments          
Revenues:          
Revenue, excluding third-party management and other fees 156,943 155,043 313,417 311,361  
Intercompany rental revenue 20,666 20,980 35,826 37,047  
Total revenues, excluding third-party management and other fees 177,609 176,023 349,243 348,408  
Segment operating expenses:          
Property operating expenses 44,880 41,516 89,940 86,576  
Observatory expenses 0 0 0 0  
Other segment expenses 34,939 34,215 70,320 68,787  
Total segment operating expenses 79,819 75,731 160,260 155,363  
Net operating income 97,790 100,292 188,983 193,045  
Segment assets 3,813,645 4,171,251 3,813,645 4,171,251  
Observatory | Operating Segments          
Revenues:          
Revenue, excluding third-party management and other fees 33,899 34,124 57,060 58,720  
Intercompany rental revenue 0 0 0 0  
Total revenues, excluding third-party management and other fees 33,899 34,124 57,060 58,720  
Segment operating expenses:          
Property operating expenses 0 0 0 0  
Observatory expenses 9,822 8,958 17,940 17,389  
Other segment expenses 20,666 20,980 35,826 37,047  
Total segment operating expenses 30,488 29,938 53,766 54,436  
Net operating income 3,411 4,186 3,294 4,284  
Segment assets $ 265,105 $ 261,999 $ 265,105 $ 261,999