v3.25.4
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Cumulative Dividends in Excess of Earnings
Accumulated Other Comprehensive Income (Loss)
Total Stockholders' Equity
Noncontrolling Interest - Unit holders in Operating Partnership
Noncontrolling Interest in Joint Venture
Balance at Dec. 31, 2022 $ 3,458,181 $ 0 $ 1,792 $ 4,188,677 $ (876,145) $ 70,500 $ 3,384,824 $ 73,357 $ 0
Balance (in shares) at Dec. 31, 2022     179,248,980            
Increase (Decrease) in Stockholders' Equity                  
Proceeds from sales of common stock $ 69,456   $ 20 69,436     69,456    
Proceeds from sales of common stock (in shares)     1,967,009            
Dividend declared (in dollars per share) $ 1.47                
Dividends, Common Stock         265,337        
Dividends             265,337    
Distribution Made to Limited Partner, Cash Distributions Declared               2,672  
Dividends and Distributions, Net $ (268,009)                
Non-cash compensation activity, net 10,756     1,748     1,666 9,090  
Non-cash compensation activity (in shares)     102,704            
Non-cash compensation activity (in excess of earnings)     $ (1)   (83)        
Redemption of common units to common stock $ 0   $ (4) (6,997)     (7,001) (7,001)  
Redemption of common units to common stock (in shares) 0   372,174            
Rebalancing of noncontrolling interest in operating partnership $ 0     5,518     5,518 (5,518)  
Other comprehensive loss (21,774)         21,293 21,293 481  
Net income 197,201       192,845   192,845 4,356  
Balance at Dec. 31, 2023 3,445,811 0 $ 1,817 4,272,376 (948,720) 49,207 3,374,680 71,131 0
Balance (in shares) at Dec. 31, 2023     181,690,867            
Increase (Decrease) in Stockholders' Equity                  
Proceeds from sales of common stock $ 167,219   $ 43 167,176     167,219    
Proceeds from sales of common stock (in shares)     4,308,008            
Dividend declared (in dollars per share) $ 1.48                
Dividends, Common Stock         270,021        
Dividends             270,021    
Distribution Made to Limited Partner, Cash Distributions Declared               5,644  
Dividends and Distributions, Net $ (275,665)                
Non-cash compensation activity, net 10,871     3,724     3,489 7,382  
Non-cash compensation activity (in shares)     78,098            
Non-cash compensation activity (in excess of earnings)     $ (1)   (236)        
Redemption of common units to common stock $ 0   $ (4) (8,157)     (8,161) (8,161)  
Redemption of common units to common stock (in shares) 0   440,550            
Rebalancing of noncontrolling interest in operating partnership $ 0     (1,469)     (1,469) 1,469  
Proceeds from Noncontrolling Interests 1,525               1,525
Other comprehensive loss (13,919)         13,628 13,628 291  
Net income 193,266       189,220   189,220 4,046  
Balance at Dec. 31, 2024 3,529,108 0 $ 1,865 4,449,964 (1,029,757) 35,579 3,457,651 69,932 1,525
Balance (in shares) at Dec. 31, 2024     186,517,523            
Increase (Decrease) in Stockholders' Equity                  
Proceeds from sales of common stock $ 156,765   $ 42 156,723     156,765    
Proceeds from sales of common stock (in shares)     4,169,738            
Dividend declared (in dollars per share) $ 1.49                
Dividends, Common Stock         278,692        
Dividends             278,692    
Distribution Made to Limited Partner, Cash Distributions Declared               (5,998)  
Dividends and Distributions, Net $ (284,690)                
Non-cash compensation activity, net 12,336     2,922     2,898 9,438  
Non-cash compensation activity (in shares)     54,993            
Non-cash compensation activity (in excess of earnings)     $ 0   (24)        
Redemption of common units to common stock $ 0   $ (3) (4,855)     (4,858) (4,858)  
Redemption of common units to common stock (in shares) 0   263,007            
Rebalancing of noncontrolling interest in operating partnership $ 0     2,424     2,424 (2,424)  
Proceeds from Noncontrolling Interests 2,465               2,465
Other comprehensive loss (24,225)         (23,726) (23,726) (499)  
Net income 279,270       273,519   273,519 5,751  
Balance at Dec. 31, 2025 $ 3,671,029 $ 0 $ 1,910 $ 4,616,888 $ (1,034,954) $ 11,853 $ 3,595,697 $ 71,342 $ 3,990
Balance (in shares) at Dec. 31, 2025     191,005,261