v3.26.1
Supplemental Cash Flow Information
 6 Months Ended
Jun. 30, 2026
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information Supplemental Cash Flow Information
The following table provides supplemental cash flow information (in thousands):
Six Months Ended June 30,
20262025
Supplemental cash flow information:
Interest paid$777 $2,278 
Income taxes paid (refunded), net1,924 286 
Supplemental schedule of non-cash investing and financing activities:
Accrued construction costs$4,382 $7,065 
Net noncash impact from the consolidation of properties previously held in an unconsolidated joint venture312,826 — 
Accrued offering costs839 — 
The following table summarizes cash, cash equivalents, and restricted cash (in thousands):
Six Months Ended June 30,
20262025
Beginning of period:
Cash and cash equivalents$19,652 $18,777 
Restricted cash64,609 60,289 
Cash, cash equivalents, and restricted cash$84,261 $79,066 
End of period:
Cash and cash equivalents$1,557,655 $22,571 
Restricted cash88,887 66,414 
Cash, cash equivalents, and restricted cash$1,646,542 $88,985 
Cash and Cash Equivalents
The Company maintains its cash and cash equivalents at financial institutions insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000 per institution. As of June 30, 2026 and December 31, 2025, the account balances at certain institutions exceeded the FDIC insurance coverage.