v3.26.1
Earnings Per OP Unit of MAALP - Schedule of Diluted Earnings per Common Unit (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Earnings Per Share Disclosure [Line Items]        
Net income (loss) $ 124,818 $ 110,875 $ 251,429 $ 297,281
Net loss attributable to noncontrolling interests (3,068) (2,748) (5,320) (7,481)
Distributions to MAALP Series I preferred unitholders $ (922) $ (922) $ (1,844) $ (1,844)
Effect of dilutive securities 65 187 96 241
Weighted average common shares - diluted 116,144 117,163 116,445 117,149
Limited Partnership [Member]        
Earnings Per Share Disclosure [Line Items]        
Net income (loss) $ 124,818 $ 110,875 $ 251,429 $ 297,281
Net loss attributable to noncontrolling interests 0 0 869 0
Unvested restricted units (allocation of earnings) (88) (59) (160) (156)
Distributions to MAALP Series I preferred unitholders (922) (922) (1,844) (1,844)
Net income available for MAALP common unitholders, adjusted $ 123,808 $ 109,894 $ 250,294 $ 295,281
Weighted average common units - basic 119,009 119,950 119,284 119,932
Earnings per common unit - basic $ 1.04 $ 0.92 $ 2.1 $ 2.46
Net income available for MAALP common unitholders, adjusted $ 123,896 $ 109,953 $ 250,454 $ 295,437
Weighted average common units - basic 119,009 119,950 119,284 119,932
Effect of dilutive securities 65 187 96 241
Weighted average common shares - diluted 119,074 120,137 119,380 120,173
Earnings per common unit - diluted $ 1.04 $ 0.92 $ 2.1 $ 2.46