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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Income Statement [Abstract]    
Rental income $ 442,556 $ 501,979
Expenses:    
Real estate taxes 49,010 62,369
Utility expenses 26,880 27,467
Other operating expenses 121,456 107,400
Depreciation and amortization 174,957 194,737
Loss on impairment of real estate 2,048 181,578
Transaction related costs 42,455 1,144
General and administrative 19,429 21,128
Total expenses 436,235 595,823
Gain (loss) on sale of real estate 916 (7,410)
Interest and other income 3,146 3,668
Interest expense (including net amortization of debt premiums, discounts and issuance costs of $40,825 and $13,463, respectively) (203,454) (163,745)
(Loss) gain on early extinguishment of debt (449) 126,185
Reorganization items, net (78,333) 0
Loss before income tax expense and equity in net losses of investees (271,853) (135,146)
Income tax expense (116) (203)
Equity in net losses of investees (405) (758)
Net loss $ (272,374) $ (136,107)
Weighted average common shares outstanding (basic) (in shares) 71,915 51,806
Weighted average common shares outstanding (diluted) (in shares) 71,915 51,806
Per common share amounts (basic and diluted):    
Net loss (basic) (in dollars per share) $ (3.79) $ (2.63)
Net loss (diluted) (in dollars per share) $ (3.79) $ (2.63)