v3.26.1
Segment Reporting (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting
The following table provides the components of Portfolio Net Operating Income, a non-GAAP metric, related to our business for the three months ended March 31, 2026 and March 31, 2025:
Three months ended
March 31,
20262025
Property Revenues:
  Rental revenue$138,699 $129,285 
  Other revenues4,675 3,671 
Total Revenues$143,374 $132,956 
Property Operating Expenses:
Advertising and promotion$3,599 $3,022 
Common area maintenance21,217 18,969 
Real estate taxes12,249 10,045 
Other operating expense7,283 7,838 
Total Operating Expenses$44,348 $39,874 
Portfolio Net Operating Income - Consolidated$99,026 $93,082 
Equity in earnings of unconsolidated joint ventures$3,442 $2,399 
Interest expense(19,176)(15,772)
Impairment charges— (4,249)
Other income1,907 217 
Depreciation and amortization(40,352)(37,146)
Other non-property (income) expenses(119)40 
Corporate general and administrative expenses(20,150)(19,016)
Non-cash adjustments2,718 (6)
Lease termination fees2,121 450 
Net Income$29,417 $19,999