HPI - Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Real estate assets, at cost:
Land	$ 607,720	$ 609,177
Buildings and tenant improvements	6,216,948	6,144,697
Development in-process	0	6,248
Land held for development	197,227	214,149
Total real estate assets	7,021,895	6,974,271
Less-accumulated depreciation	(1,905,507)	(1,902,276)
Net real estate assets	5,116,388	5,071,995
Real estate and other assets, net, held for sale	53,900	23,201
Cash and cash equivalents	145,377	27,358
Restricted cash	20,653	15,691
Accounts receivable	31,548	28,263
Mortgages and notes receivable	12,228	12,228
Accrued straight-line rents receivable	304,951	318,024
Investments in and advances to unconsolidated affiliates	446,928	471,580
Deferred leasing costs, net of accumulated amortization of $174,584 and $169,972, respectively	278,222	244,258
Prepaid expenses and other assets, net of accumulated depreciation of $27,411 and $25,144, respectively	61,456	61,240
Total Assets	6,471,651	6,273,838
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity:
Mortgages and notes payable, net	3,515,608	3,554,178
Accounts payable, accrued expenses and other liabilities	305,713	284,006
Total Liabilities	3,821,321	3,838,184
Commitments and contingencies
Noncontrolling interests in the Operating Partnership	60,840	52,777
Equity:
Preferred Stock, $.01 par value, 50,000,000 authorized shares; 8.625% Series A Cumulative Redeemable Preferred Shares (liquidation preference $1,000 per share), 26,631 and 26,691 shares issued and outstanding, respectively	26,631	26,691
Common Stock, $.01 par value, 200,000,000 authorized shares; 110,306,211 and 109,905,241 shares issued and outstanding, respectively	1,103	1,099
Additional paid-in capital	3,221,689	3,223,767
Distributions in excess of net income available for common stockholders	(855,358)	(870,083)
Accumulated other comprehensive loss	(2,625)	(2,494)
Total Stockholders’ Equity	2,391,440	2,378,980
Noncontrolling interests in consolidated affiliates	198,050	3,897
Total Equity/Capital	2,589,490	2,382,877
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital	$ 6,471,651	$ 6,273,838

As of the balance sheet date: carrying value of obligations incurred and payable pertaining to goods and services received from vendors; and for statutory costs, are incurred in connection with contractual obligations, or accumulate over time and for which invoices haven't been received or rendered; and carrying amount of liabilities not otherwise specified in the taxonomy. Also serves as the sum of liabilities not individually reported in the financial statements, or not separately disclosed in notes.

No definition available.