v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Property, buildings, and equipment:    
Property, plant and equipment, gross $ 7,986,434 $ 7,474,281
Accumulated depreciation (2,641,241) (2,453,597)
Property, buildings, and equipment – net 5,345,193 5,020,684
Operating leases - net 179,935 222,294
Financing leases - net 157,936 104,216
Cash, cash equivalents, and restricted cash 136,863 47,652
Accounts receivable - net of allowance of $16,396 and $24,426 at December 31, 2025 and 2024, respectively 368,521 386,924
Identifiable intangible assets – net 819,494 838,660
Goodwill 828,335 784,042
Investments in and advances to partially owned entities 39,231 40,252
Other assets 246,090 291,230
Total assets 8,121,598 7,735,954
Liabilities    
Borrowings under revolving line of credit 332,111 255,052
Accounts payable and accrued expenses 574,059 603,411
Senior unsecured notes and term loans - net of deferred financing costs of $16,001 and $13,882 at December 31, 2025 and 2024, respectively 3,792,123 3,031,462
Sale-leaseback financing obligations 42,352 79,001
Financing lease obligations 152,262 95,784
Operating lease obligations 179,965 219,099
Unearned revenues 20,169 21,979
Deferred tax liability - net 98,591 115,772
Other liabilities 7,953 7,389
Total liabilities 5,199,585 4,428,949
Commitments and contingencies (Note 17 - Commitments and Contingencies)
Stockholders' equity:    
Common stock, $0.01 par value per share – 500,000,000 authorized shares; 284,871,943 and 284,265,041 shares issued and outstanding at December 31, 2025 and 2024, respectively 2,848 2,842
Paid-in capital 5,664,195 5,646,879
Accumulated deficit and distributions in excess of net earnings (2,719,408) (2,341,654)
Accumulated other comprehensive loss (63,190) (27,279)
Total stockholders’ equity 2,884,445 3,280,788
Net Income (Loss) Attributable to Noncontrolling Interest [Abstract]    
Noncontrolling interests 37,568 26,217
Total equity 2,922,013 3,307,005
Total liabilities and equity 8,121,598 7,735,954
Land    
Property, buildings, and equipment:    
Property, plant and equipment, gross 818,606 806,981
Building and improvements    
Property, buildings, and equipment:    
Property, plant and equipment, gross 4,798,286 4,462,565
Machinery and equipment    
Property, buildings, and equipment:    
Property, plant and equipment, gross 1,612,744 1,598,502
Assets under construction    
Property, buildings, and equipment:    
Property, plant and equipment, gross $ 756,798 $ 606,233