Condensed Consolidated Statements of Operations - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Revenues | ||||
| Rental income | $ 270,550 | $ 287,070 | $ 538,125 | $ 575,927 |
| Interest income | 3,266 | 3,449 | 6,978 | 7,180 |
| Other operating | 8,033 | 6,983 | 15,736 | 13,371 |
| Revenues | 281,849 | 297,502 | 560,839 | 596,478 |
| Expenses | ||||
| Property operating | 98,981 | 104,197 | 199,039 | 214,094 |
| General and administrative | 14,361 | 23,482 | 31,704 | 37,011 |
| Transaction costs | 1,473 | 593 | 2,410 | 1,604 |
| Depreciation and amortization | 128,065 | 153,476 | 257,051 | 309,510 |
| Expenses | 242,880 | 281,748 | 490,204 | 562,219 |
| Other income (expense) | ||||
| Gain on sales of real estate properties and other assets | 3,713 | 20,004 | 14,490 | 22,907 |
| Interest expense | (45,146) | (53,346) | (89,036) | (108,157) |
| Loss on extinguishment of debt | (1,698) | 0 | (1,718) | 0 |
| Impairment of real estate properties and credit loss recoveries (reserves) | (42,741) | (142,348) | (41,757) | (154,429) |
| Equity income from unconsolidated joint ventures | 2,929 | 158 | 3,425 | 159 |
| Interest and other (expense) income, net | 19 | (366) | 27 | (271) |
| Total other income (expense) | (82,924) | (175,898) | (114,569) | (239,791) |
| Net loss | (43,955) | (160,144) | (43,934) | (205,532) |
| Net loss attributable to non-controlling interests | 441 | 2,293 | 364 | 2,808 |
| Net loss attributable to common stockholders | $ (43,514) | $ (157,851) | $ (43,570) | $ (202,724) |
| Basic earnings per common share (in dollars per share) | $ (0.13) | $ (0.45) | $ (0.13) | $ (0.58) |
| Diluted earnings per common share (in dollars per share) | $ (0.13) | $ (0.45) | $ (0.13) | $ (0.58) |
| Weighted average common shares outstanding - basic (in shares) | 342,300,539 | 349,628,307 | 344,855,776 | 349,583,900 |
| Weighted average common shares outstanding - diluted (in shares) | 342,300,539 | 349,628,307 | 344,855,776 | 349,583,900 |
| Revenue, Product and Service [Extensible List] | Service [Member] | Service [Member] | Service [Member] | Service [Member] |
| X | ||||||||||
- Definition Impairment of Real Estate and Credit Loss Reserves No definition available.
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| X | ||||||||||
- Definition Operating Expenses and Cost of Goods Sold No definition available.
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| X | ||||||||||
- Definition Amount of capitalized acquisition cost incurred during period and excluded from amortization for oil- and gas-producing activities accounted for under full cost method. Excludes exploration and development costs and capitalized interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of expense incurred and directly related to generating revenue by lessor from operating lease of rented property and equipment. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The net gain (loss) resulting from sales and other disposals of real estate owned for investment purposes. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of interest income from financing receivable before allowance for credit loss. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Indicates type of revenue from product and service. Includes, but is not limited to, revenue from contract with customer and other sources. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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