v3.25.4
REAL ESTATE PROPERTIES - Development and Value-Add Disclosures (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2025
USD ($)
ft²
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Real Estate [Line Items]      
Interest costs capitalized on development properties $ 21,730 $ 19,823 $ 16,235
Internal Development Costs Capitalized During Period 7,451 8,181 10,472
Development costs incurred, for the period 321,934 $ 245,033 $ 388,213
Improvement costs on development and value-add properties 196,225    
Costs to develop land 118,584    
Costs subsequent to transfer, development transfers during the period $ 7,125    
Lease Up [Member]      
Real Estate [Line Items]      
Actual or estimated building size | ft² 1,935,000    
Cumulative Development Costs $ 230,578    
Projected total costs [1] $ 266,300    
Under construction [Member]      
Real Estate [Line Items]      
Actual or estimated building size | ft² 1,538,000    
Cumulative Development Costs $ 108,005    
Projected total costs [1] $ 233,600    
Lease-Up and Under Construction [Member]      
Real Estate [Line Items]      
Actual or estimated building size | ft² 3,473,000    
Cumulative Development Costs $ 338,583    
Projected total costs [1] $ 499,900    
Prospective Development (primarily land) [Member]      
Real Estate [Line Items]      
Actual or estimated building size | ft² 11,798,000    
Cumulative Development Costs $ 371,617    
Lease Up, Construction, And Prospective Development [Member]      
Real Estate [Line Items]      
Actual or estimated building size | ft² 15,271,000    
Cumulative Development Costs $ 710,200    
Development completed and transferred to Real estate properties [Member]      
Real Estate [Line Items]      
Actual or estimated building size | ft² 2,109,000    
Cumulative Development Costs [2] $ 279,082    
[1] Included in these costs are development obligations of $94,201,000 and tenant improvement obligations of $9,552,000 on properties under development.
[2] Represents cumulative costs at the date of transfer.