v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Significant Expenses, Comprised of Property Operating and Maintenance Expense The following table sets forth the significant expenses that comprise property operating and maintenance expense on our condensed consolidated statements of operations for the three and six months ended June 30, 2026 and 2025:
For the Three Months
Ended June 30,
For the Six Months
Ended June 30,
2026202520262025
Fixed expenses(1)
$135,507 $130,285 $271,950 $261,006 
Controllable expenses(2)
120,205 113,993 234,896 220,721 
Total property operating and maintenance$255,712 $244,278 $506,846 $481,727 
(1)Fixed expenses include the following: property taxes; insurance expense; and HOA expenses.
(2)Controllable expenses include the following: repairs and maintenance; personnel, leasing, and marketing; turnover; and utilities and property administrative.