v3.26.1
Subsequent Events
 6 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Dispositions
On July 23, 2026, we completed the sale of the property located at 1340 Rocky Point Drive in Oceanside, California for a gross sales price of $7.6 million.
Dividends and Distributions Declared
On July 20, 2026, the Board declared the following quarterly cash dividends/distributions, record dates and payment dates.
SecurityAmount per Share/UnitRecord DatePayment Date
Common stock$0.435 September 30, 2026October 15, 2026
OP Units$0.435 September 30, 2026October 15, 2026
5.875% Series B Cumulative Redeemable Preferred Stock
$0.367188 September 15, 2026September 30, 2026
5.625% Series C Cumulative Redeemable Preferred Stock
$0.351563 September 15, 2026September 30, 2026
3.00% Cumulative Redeemable Convertible Preferred Units
$0.545462 September 15, 2026September 30, 2026
New Stock Repurchase Program
On July 20, 2026, the Board terminated the April 2026 Repurchase Program and authorized a new stock repurchase program pursuant to which we may repurchase up to a maximum of $1.0 billion of our outstanding common stock (the “July 2026 Repurchase Program”). The July 2026 Repurchase Program replaced and superseded, in all respects, the April 2026 Repurchase Program and is scheduled to expire on July 31, 2028, unless modified, extended or terminated earlier at the Board’s discretion.