v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS:    
Property, net $ 6,909,902 $ 6,688,128
Cash and cash equivalents 227,028 280,246
Restricted cash 83,918 92,717
Tenant and other receivables, net 128,597 145,721
Right-of-use assets, net 104,026 108,918
Deferred charges and other assets, net 363,458 343,431
Due from affiliates 3,108 2,449
Investments in unconsolidated joint ventures 703,858 707,075
Total assets 8,523,895 8,368,685
LIABILITIES AND EQUITY:    
Mortgage notes payable 4,848,075 5,068,946
Accounts payable and accrued expenses 131,585 125,210
Lease liabilities 63,437 66,979
Other accrued liabilities 374,040 386,092
Distributions in excess of investments in unconsolidated joint ventures 199,285 194,388
Total liabilities 5,616,422 5,841,615
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.01 par value, 500,000,000 shares authorized at June 30, 2026 and December 31, 2025, and 284,076,260 and 256,990,913 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 2,841 2,569
Additional paid-in capital 6,758,116 6,224,127
Accumulated deficit (3,933,754) (3,777,816)
Accumulated other comprehensive loss (5) (9)
Total stockholders' equity 2,827,198 2,448,871
Noncontrolling interests 80,275 78,199
Total equity 2,907,473 2,527,070
Total liabilities and equity $ 8,523,895 $ 8,368,685