v3.26.1
SEGMENT INFORMATION - Schedule of Net Operating Income of Company's Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Total revenue $ 128,920 $ 120,571 $ 255,924 $ 242,087
Operating expenses (52,514) (45,356) (104,533) (92,947)
Net operating income 76,406 75,215 151,391 149,140
Operating Segments | Philadelphia CBD        
Segment Reporting [Line Items]        
Total revenue 68,060 56,683 133,687 112,071
Operating expenses (26,853) (20,372) (53,550) (41,003)
Net operating income 41,207 36,311 80,137 71,068
Operating Segments | Pennsylvania Suburbs        
Segment Reporting [Line Items]        
Total revenue 33,148 31,310 66,710 63,241
Operating expenses (12,268) (9,963) (23,288) (20,018)
Net operating income 20,880 21,347 43,422 43,223
Operating Segments | Austin, Texas        
Segment Reporting [Line Items]        
Total revenue 14,150 18,499 28,098 36,650
Operating expenses (6,262) (7,785) (12,051) (15,552)
Net operating income 7,888 10,714 16,047 21,098
Operating Segments | Other        
Segment Reporting [Line Items]        
Total revenue 10,259 9,995 20,232 20,518
Operating expenses (4,521) (4,380) (9,341) (9,604)
Net operating income 5,738 5,615 10,891 10,914
Corporate        
Segment Reporting [Line Items]        
Total revenue 3,303 4,084 7,197 9,607
Operating expenses (2,610) (2,856) (6,303) (6,770)
Net operating income $ 693 $ 1,228 $ 894 $ 2,837