v3.26.1
Segment Information (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
numberOfSegments
Jun. 30, 2025
USD ($)
Segment Reporting [Line Items]        
Total rental and other revenues $ 216,379 $ 200,600 $ 430,413 $ 400,983
Total rental property and other expenses 70,155 63,655 141,273 128,689
Total net operating income 146,224 136,945 289,140 272,294
Reconciliation to net income:        
Depreciation and amortization (79,054) (74,679) (156,591) (146,084)
General and administrative (9,897) (10,319) (23,331) (22,776)
Interest expense (41,694) (37,665) (83,390) (74,307)
Other income 2,568 4,629 5,736 6,254
Gains on disposition of property 79,024 0 95,987 82,215
Equity in earnings of unconsolidated affiliates (414) 310 2,571 1,625
Net income 96,757 19,221 $ 130,122 119,221
Number of reportable segments | numberOfSegments     8  
Total Reportable Segment [Member]        
Segment Reporting [Line Items]        
Total rental and other revenues 203,835 187,713 $ 405,126 375,587
Total rental property and other expenses 64,259 58,061 129,131 118,514
Total net operating income 139,576 129,652 275,995 257,073
Atlanta, GA [Member]        
Segment Reporting [Line Items]        
Total rental and other revenues 36,403 36,299 72,917 71,893
Total rental property and other expenses 14,247 13,467 29,020 27,835
Total net operating income 22,156 22,832 43,897 44,058
Charlotte, NC [Member]        
Segment Reporting [Line Items]        
Total rental and other revenues 29,244 21,910 56,892 43,966
Total rental property and other expenses 7,890 6,003 16,037 11,844
Total net operating income 21,354 15,907 40,855 32,122
Dallas, TX        
Segment Reporting [Line Items]        
Total rental and other revenues 3,367 0 6,024 0
Total rental property and other expenses 1,163 0 1,996 0
Total net operating income 2,204 0 4,028 0
Nashville, TN [Member]        
Segment Reporting [Line Items]        
Total rental and other revenues 36,998 39,653 75,197 79,197
Total rental property and other expenses 10,992 11,017 21,385 22,374
Total net operating income 26,006 28,636 53,812 56,823
Orlando, FL [Member]        
Segment Reporting [Line Items]        
Total rental and other revenues 14,660 14,544 29,201 28,840
Total rental property and other expenses 5,669 5,495 10,776 11,037
Total net operating income 8,991 9,049 18,425 17,803
Raleigh, NC [Member]        
Segment Reporting [Line Items]        
Total rental and other revenues 52,529 44,815 104,133 89,309
Total rental property and other expenses 13,724 11,628 27,921 23,361
Total net operating income 38,805 33,187 76,212 65,948
Richmond, VA [Member]        
Segment Reporting [Line Items]        
Total rental and other revenues 6,887 9,318 14,639 18,496
Total rental property and other expenses 1,958 2,605 5,181 5,608
Total net operating income 4,929 6,713 9,458 12,888
Tampa, FL [Member]        
Segment Reporting [Line Items]        
Total rental and other revenues 23,747 21,174 46,123 43,886
Total rental property and other expenses 8,616 7,846 16,815 16,455
Total net operating income 15,131 13,328 29,308 27,431
Other Segment [Member]        
Segment Reporting [Line Items]        
Total rental and other revenues 12,544 12,887 25,287 25,396
Total rental property and other expenses 5,896 5,594 12,142 10,175
Total net operating income $ 6,648 $ 7,293 $ 13,145 $ 15,221