v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Total revenues $ 250,959 $ 251,535
Operating Expenses    
General and administrative expenses 13,576 11,460
Depreciation and amortization 97,407 97,840
Total operating expenses 202,018 198,908
Other income 2,991 4,923
Other expenses 0 (105)
Interest expense (64,541) (60,078)
Gain from consolidation of JV 0 47,212
Net (loss) income (12,609) 44,579
Net loss (income) attributable to noncontrolling interests 10,111 (4,779)
Net (loss) income attributable to common stockholders $ (2,498) $ 39,800
Net (loss) income per common share - basic (in usd per share) $ (0.02) $ 0.24
Net (loss) income per common share – diluted (in usd per share) $ (0.02) $ 0.24
Office rental    
Revenues    
Total revenues $ 200,520 $ 202,097
Operating Expenses    
Operating expenses 74,476 73,053
Office rental | Rental revenues and tenant recoveries    
Revenues    
Total revenues 169,052 172,514
Office rental | Parking and other income    
Revenues    
Total revenues 31,468 29,583
Multifamily rental    
Revenues    
Total revenues 50,439 49,438
Operating Expenses    
Operating expenses 16,559 16,555
Multifamily rental | Parking and other income    
Revenues    
Total revenues 4,433 4,242
Multifamily rental | Rental revenues    
Revenues    
Total revenues $ 46,006 $ 45,196