v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Series E Preferred Units
COMMON SHARES
COMMON SHARES
Series E Preferred Units
ACCUMULATED DISTRIBUTIONS IN EXCESS OF NET INCOME (LOSS)
ACCUMULATED OTHER COMPREHENSIVE LOSS
NONCONTROLLING INTERESTS
NONCONTROLLING INTERESTS
Series E Preferred Units
Beginning balance (in shares) at Dec. 31, 2024     16,719          
Beginning balance at Dec. 31, 2024 $ 882,443   $ 1,367,637   $ (615,242) $ (407) $ 130,455  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net loss attributable to controlling interests and noncontrolling interests (21,286)       (18,249)   (3,037)  
Amortization of swap settlements 349         349    
Distributions - common shares and Units (27,275)       (25,775)   (1,500)  
Distributions - Series E preferred units   $ (3,065)           $ (3,065)
Share-based compensation, net of forfeitures (in shares)     18          
Share-based compensation, net of forfeitures 1,691   $ 1,691          
Redemption of Units for common shares (in shares)     12 8        
Redemption of Units for common shares 0 0 $ 535 $ 338     (535) (338)
Equity rebalancing 0   (223)       223  
Contribution to noncontrolling interests - consolidated real estate entities 1,428           1,428  
Shares withheld for taxes (296)   (296)          
Other (407)   $ (306)       (101)  
Ending balance (in shares) at Jun. 30, 2025     16,757          
Ending balance at Jun. 30, 2025 833,582   $ 1,369,376   (659,266) (58) 123,530  
Beginning balance (in shares) at Mar. 31, 2025     16,735          
Beginning balance at Mar. 31, 2025 863,440   $ 1,368,276   (631,855) (232) 127,251  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net loss attributable to controlling interests and noncontrolling interests (16,945)       (14,515)   (2,430)  
Amortization of swap settlements 174         174    
Distributions - common shares and Units (13,642)       (12,896)   (746)  
Distributions - Series E preferred units   (1,533)           (1,533)
Share-based compensation, net of forfeitures (in shares)     10          
Share-based compensation, net of forfeitures 833   $ 833          
Redemption of Units for common shares (in shares)     5 8        
Redemption of Units for common shares 0 0 $ 201 $ 323     (201) (323)
Equity rebalancing 0   (129)       129  
Contribution to noncontrolling interests - consolidated real estate entities 1,428           1,428  
Shares withheld for taxes (4)   $ (4)          
Other (in shares)     (1)          
Other (169)   $ (124)       (45)  
Ending balance (in shares) at Jun. 30, 2025     16,757          
Ending balance at Jun. 30, 2025 833,582   $ 1,369,376   (659,266) (58) 123,530  
Beginning balance (in shares) at Dec. 31, 2025     16,761          
Beginning balance at Dec. 31, 2025 839,816   $ 1,368,834   (649,678) 0 120,660  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net loss attributable to controlling interests and noncontrolling interests (16,218)       (13,909)   (2,309)  
Distributions - common shares and Units (27,242)       (25,864)   (1,378)  
Distributions - Series E preferred units   (3,036)           (3,036)
Share-based compensation, net of forfeitures (in shares)     25          
Share-based compensation, net of forfeitures 2,166   $ 2,166          
Redemption of Units for common shares (in shares)     38 14        
Redemption of Units for common shares 0 0 $ 1,601 $ 608     (1,601) (608)
Equity rebalancing 0   $ (61)       61  
Shares repurchased (in shares)     (45)          
Shares repurchased (2,516)   $ (2,516)          
Shares withheld for taxes (423)   $ (423)          
Other (in shares)     (1)          
Other (535)   $ (456)   (79)      
Ending balance (in shares) at Jun. 30, 2026     16,792          
Ending balance at Jun. 30, 2026 792,012   $ 1,369,753   (689,530) 0 111,789  
Beginning balance (in shares) at Mar. 31, 2026     16,803          
Beginning balance at Mar. 31, 2026 810,140   $ 1,370,461   (675,493) 0 115,172  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net loss attributable to controlling interests and noncontrolling interests (1,188)       (1,020)   (168)  
Distributions - common shares and Units (13,618)       (12,938)   (680)  
Distributions - Series E preferred units   (1,515)           (1,515)
Share-based compensation, net of forfeitures (in shares)     10          
Share-based compensation, net of forfeitures 1,078   $ 1,078          
Redemption of Units for common shares (in shares)     19 5        
Redemption of Units for common shares 0 $ 0 $ 790 $ 243     (790) $ (243)
Equity rebalancing 0   $ (12)       12  
Shares repurchased (in shares)     (45)          
Shares repurchased (2,516)   $ (2,516)          
Other (369)   $ (291)   (79)   1  
Ending balance (in shares) at Jun. 30, 2026     16,792          
Ending balance at Jun. 30, 2026 $ 792,012   $ 1,369,753   $ (689,530) $ 0 $ 111,789