v3.26.1
ACCOUNTS PAYABLE AND ACCRUED EXPENSES
 6 Months Ended
Jun. 30, 2026
Payables and Accruals [Abstract]  
Accounts Payable and Accrued Expenses ACCOUNTS PAYABLE AND ACCRUED EXPENSES
A summary of the Company’s Accounts payable and accrued expenses follows:
 June 30,
2026		December 31,
2025
 (In thousands)
Property taxes payable                                                                                  $63,973 14,707 
Development costs payable                                                                                  15,487 15,919 
Retainage payable7,635 6,324 
Real estate improvements and capitalized leasing costs payable10,427 10,341 
Interest payable                                                                                  7,955 8,041 
Dividends payable                                                        84,932 84,725 
Book overdraft (1)
— 9,052 
Incentive compensation payable4,969 8,614 
Other payables and accrued expenses                                                                                  10,401 12,222 
 Total Accounts payable and accrued expenses
$205,779 169,945 
(1)Represents checks written before the end of the period which have not cleared the bank; therefore, the bank has not yet advanced cash to the Company. When the checks clear the bank, they will be funded through the Company’s working cash line of credit, which is included in Unsecured bank credit facilities, net of debt issuance costs on the Consolidated Balance Sheets.