v3.25.2
Business Segments - Schedule of Information for Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Summary information for the reportable segments        
Total revenues $ 200,477 $ 200,373 $ 403,949 $ 395,995
Cost of Revenue 70,114 67,600 140,668 135,284
Other operating expenses not allocated to segments 94,918 98,484 188,557 196,675
Property management and operating expenses 165,032 166,084 329,225 331,959
Proportionate property net operating income (loss) 35,445 34,289 74,724 64,036
Other items included in (loss) income before income tax expense 44,859 (215,955) 45,762 (249,661)
Income (loss) before income tax expense 80,304 (181,666) 120,486 (185,625)
Real Estate Operations        
Summary information for the reportable segments        
Total revenues 195,360 189,441 391,263 376,148
Cost of Revenue 67,688 64,618 130,929 128,199
Other operating expenses not allocated to segments 0 0 0 0
Property management and operating expenses 67,688 64,618 130,929 128,199
Proportionate property net operating income (loss) 127,672 124,823 260,334 247,949
Other items included in (loss) income before income tax expense 0 0 0 0
Income (loss) before income tax expense 127,672 124,823 260,334 247,949
Corporate and other        
Summary information for the reportable segments        
Total revenues 5,117 10,932 12,686 19,847
Cost of Revenue 2,426 2,982 9,739 7,085
Other operating expenses not allocated to segments 94,918 98,484 188,557 196,675
Property management and operating expenses 97,344 101,466 198,296 203,760
Proportionate property net operating income (loss) (92,227) (90,534) (185,610) (183,913)
Other items included in (loss) income before income tax expense 44,859 (215,955) 45,762 (249,661)
Income (loss) before income tax expense $ (47,368) $ (306,489) $ (139,848) $ (433,574)