v3.26.1
Corporate Indebtedness (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Combined Aggregate Principal Maturities
Combined aggregate principal maturities of consolidated mortgages and other loans payable, the 2026 Credit Facility, trust preferred securities and our share of joint venture debt as of June 30, 2026, including as-of-right extension options but excluding other extension options, were as follows (in thousands):
PrincipalRevolving
Credit
Facility
Unsecured Term LoansTrust
Preferred
Securities
TotalCompany's Share of Joint
Venture
Debt
Remaining 2026$365,000 $— $100,000 $— $465,000 $739,298 
20271,083,747 — 300,000 — 1,383,747 1,781,817 
202880,000 — — — 80,000 555,449 
2029189,200 — — — 189,200 — 
2030— — — — — 840,000 
Thereafter731,183 850,000 750,000 100,000 2,431,183 2,071,051 
$2,449,130 $850,000 $1,150,000 $100,000 $4,549,130 $5,987,615 
Schedule of Consolidated Interest Expense, Excluding Capitalized Interest
Consolidated interest expense, excluding capitalized interest, was comprised of the following (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Interest expense before capitalized interest$60,946 $52,592 $119,701 $104,640 
Interest on financing leases1,152 1,138 2,300 2,272 
Capitalized interest(8,211)(6,637)(16,879)(13,107)
Amortization of discount on assumed debt709 164 1,393 324 
Interest income(585)(1,939)(1,595)(3,130)
Interest expense, net$54,011 $45,318 $104,920 $90,999