v3.26.1
Earnings per Share of Common Stock (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Numerator:        
Net income (loss) attributable to controlling stockholders and participating securities $ 128,625 $ 98,445 $ 56,659 $ 155,057
Less: Dividends and distributions on participating securities (500) (500) (1,000) (1,000)
Less: Undistributed earnings attributable to participating securities (700) (400) 0 (500)
Net income (loss) attributable to controlling stockholders — basic 127,400 97,500 55,700 153,600
Add: Interest expense related to Convertible Notes under the if-converted method 2,900 3,500 5,800 8,000
Add: Undistributed earnings attributable to participating securities 700 400 0 500
Net income (loss) attributable to controlling stockholders — dilutive $ 131,000 $ 101,400 $ 61,500 $ 162,100
Denominator:        
Weighted-average number of common shares — basic (in shares) 127,831,218 121,515,164 127,773,647 120,454,366
Weighted-average number of common shares — diluted (in shares) 142,889,551 137,740,850 143,041,556 137,830,564
Basic earnings per common share (in usd per share) $ 1.00 $ 0.80 $ 0.44 $ 1.28
Diluted earnings per common share (in usd per share) $ 0.92 $ 0.74 $ 0.43 $ 1.18
Securities being allocated a portion of earnings:        
Weighted-average number of OP units (in shares) 2,375,512 1,794,515 2,130,485 1,621,906
Participating securities:        
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions outstanding at period end (in shares) 1,071,999 1,081,522    
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions        
Potentially dilutive securities as of period end that were not dilutive for the presented periods:        
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 1,071,999 1,081,522 1,071,999 1,081,522
Restricted stock units        
Potentially dilutive securities as of period end that were not dilutive for the presented periods:        
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 0 0 0 0
LTIP Units with market-based vesting conditions        
Potentially dilutive securities as of period end that were not dilutive for the presented periods:        
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 86,389 119,735 86,389 119,735
LTIP Units with performance-based vesting conditions        
Potentially dilutive securities as of period end that were not dilutive for the presented periods:        
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 197,125 247,761 110,737 247,761
Potential shares of common stock related to Convertible Notes        
Potentially dilutive securities as of period end that were not dilutive for the presented periods:        
Unvested restricted common stock and unvested LTIP Units with time-based vesting conditions (in shares) 0 0 0 0