v3.26.1
Equity (Tables)
 6 Months Ended
Jun. 30, 2026
Stockholders' Equity Note [Abstract]  
Schedule of Net Income (Loss) Attributable to Common Stockholders and Transfers (to) from Noncontrolling Interests
The table below presents the effect on our equity from net (loss) income attributable to common stockholders and changes in our ownership interest in our Operating Partnership:
Six Months Ended June 30,
(In thousands)20262025
Net (loss) income attributable to common stockholders$(5,179)$33,965 
Transfers from noncontrolling interests:
Exchange of OP Units with noncontrolling interests302 159 
Repurchases of OP Units from noncontrolling interests18 (7)
Net transfers from noncontrolling interests320 152 
Change from net (loss) income attributable to common stockholders and transfers from noncontrolling interests$(4,859)$34,117 
Schedule of Accumulated Other Comprehensive Income (Loss)
The table below presents a reconciliation of our AOCI, which consists solely of adjustments related to derivatives designated as cash flow hedges:

Six Months Ended June 30,
(In thousands)20262025
Accumulated Other Comprehensive Income - Beginning balance$11,452 $54,917 
Consolidated derivatives:
Other comprehensive income (loss) before reclassifications23,413 (7,229)
Reclassification of gains from AOCI to Interest Expense(12,096)(38,377)
Unconsolidated Fund's derivatives (our share)(2):
Consolidation of unconsolidated Fund— (4,762)
Net current period OCI11,317 (50,368)
OCI attributable to noncontrolling interests(8,869)20,393 
OCI attributable to common stockholders2,448 (29,975)
Accumulated Other Comprehensive Income - Ending balance$13,900 $24,942 
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(1)See Note 9 for the details of our derivatives and Note 12 for our derivative fair value disclosures.
(2)We did not have any unconsolidated entities during the six months ended June 30, 2026 and June 30, 2025. We consolidated Partnership X commencing on January 1, 2025. Our share of the Partnership X's OCI on January 1, 2025 was reclassified to the gain from consolidation we recorded. See Note 3 regarding the consolidation of Partnership X.
Schedule of Stock-based Compensation Expense The table below presents our stock-based compensation expense:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Stock-based compensation expense, net$2,499 $2,409 $5,240 $5,139 
Capitalized stock-based compensation$675 $680 $1,320 $1,335