v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - Unaudited - USD ($)
$ in Thousands
Total
Common Shares
Additional Paid-in Capital
Distributions In Excess Of Earnings
Accumulated Other Comprehensive Income
Noncontrolling Interest in Joint Ventures
BALANCE at Dec. 31, 2024 $ 3,292,544 $ 5 $ 3,673,393 $ (403,172) $ 21,953 $ 365
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income 59,437 0 0 59,423 0 14
Net unrealized change in fair value of interest rate swaps (6,927) 0 0 0 (6,927) 0
Common dividends declared (73,309) 0 0 (73,309) 0 0
Stock-based compensation, net of forfeitures 4,791 0 4,791 0 0 0
Issuance of common stock, common stock offering, net of costs 72,849 0 72,849 0 0 0
Withheld shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock (4,133) 0 (4,133) 0 0 0
Withheld shares of common stock to satisfy tax withholding obligations in connection with the issuance of common stock (3) 0 (3) 0 0 0
Contributions from noncontrolling interest (92) 0 0 0 0 (92)
BALANCE at Mar. 31, 2025 $ 3,345,157 5 3,746,897 (417,058) 15,026 287
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common dividends declared - per share (in dollars per share) $ 1.40          
Issuance of shares of common stock, common stock offering, net of costs 418,373          
Shares withheld for tax obligations, vesting of restricted stock 24,745          
Shares withheld for tax obligations, common stock issued for compensation 14          
BALANCE at Dec. 31, 2024 $ 3,292,544 5 3,673,393 (403,172) 21,953 365
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income 122,750          
BALANCE at Jun. 30, 2025 3,407,111 5 3,823,605 (427,632) 10,890 243
BALANCE at Dec. 31, 2024 3,292,544 5 3,673,393 (403,172) 21,953 365
BALANCE at Dec. 31, 2025 3,496,588 5 3,946,792 (458,953) 8,357 387
BALANCE at Mar. 31, 2025 3,345,157 5 3,746,897 (417,058) 15,026 287
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income 63,313 0 0 63,299 0 14
Net unrealized change in fair value of interest rate swaps (4,136) 0 0 0 (4,136) 0
Common dividends declared (73,873) 0 0 (73,873) 0 0
Stock-based compensation, net of forfeitures 2,668 0 2,668 0 0 0
Issuance of common stock, common stock offering, net of costs 74,061 0 74,061 0 0 0
Withheld shares of common stock to satisfy tax withholding obligations in connection with the issuance of common stock (21) 0 (21) 0 0 0
Contributions from noncontrolling interest (58) 0 0 0 0 (58)
BALANCE at Jun. 30, 2025 $ 3,407,111 5 3,823,605 (427,632) 10,890 243
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common dividends declared - per share (in dollars per share) $ 1.40          
Issuance of shares of common stock, common stock offering, net of costs 416,067          
Shares withheld for tax obligations, common stock issued for compensation 122          
BALANCE at Dec. 31, 2025 $ 3,496,588 5 3,946,792 (458,953) 8,357 387
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income 94,624 0 0 94,624 0 0
Net unrealized change in fair value of interest rate swaps 1,979 0 0 0 1,979 0
Common dividends declared (83,617) 0 0 (83,617) 0 0
Stock-based compensation, net of forfeitures 4,658 0 4,658 0 0 0
Issuance of common stock, common stock offering, net of costs 68,889 0 68,889 0 0 0
Withheld shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock (6,133) 0 (6,133) 0 0 0
Withheld shares of common stock to satisfy tax withholding obligations in connection with the issuance of common stock (8) 0 (8) 0 0 0
BALANCE at Mar. 31, 2026 $ 3,576,980 5 4,014,198 (447,946) 10,336 387
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common dividends declared - per share (in dollars per share) $ 1.55          
Issuance of shares of common stock, common stock offering, net of costs 365,620          
Shares withheld for tax obligations, vesting of restricted stock 33,101          
Shares withheld for tax obligations, common stock issued for compensation 40          
BALANCE at Dec. 31, 2025 $ 3,496,588 5 3,946,792 (458,953) 8,357 387
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income 170,147          
BALANCE at Jun. 30, 2026 3,575,398 5 4,017,143 (455,915) 13,762 403
BALANCE at Mar. 31, 2026 3,576,980 5 4,014,198 (447,946) 10,336 387
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income 75,523 0 0 75,523 0 0
Net unrealized change in fair value of interest rate swaps 3,426 0 0 0 3,426 0
Common dividends declared (83,492) 0 0 (83,492) 0 0
Stock-based compensation, net of forfeitures 3,020 0 3,020 0 0 0
Issuance of common stock, common stock offering, net of costs (56) 0 (56) 0 0 0
Withheld shares of common stock to satisfy tax withholding obligations in connection with the issuance of common stock (19) 0 (19) 0 0 0
Contributions from noncontrolling interest 16 0 0 0 0 16
BALANCE at Jun. 30, 2026 $ 3,575,398 $ 5 $ 4,017,143 $ (455,915) $ 13,762 $ 403
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common dividends declared - per share (in dollars per share) $ 1.55          
Shares withheld for tax obligations, common stock issued for compensation 95