v3.26.1
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Accumulated Deficit
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2024   167,435,000        
Stockholders' Equity [Roll Forward]            
Exchange of OP units for common stock (in shares) 11,000 11,000        
Ending balance (in shares) at Jun. 30, 2025   167,446,000        
Beginning balance at Dec. 31, 2024 $ 3,658,240 $ 1,674 $ 3,396,452 $ 54,917 $ (1,394,394) $ 1,599,591
Stockholders' Equity [Roll Forward]            
Exchange of OP Units for common stock     159     (159)
Repurchases of OP Units with cash (235)   (7)     (228)
Net (loss) income attributable to common stockholders 4,449       33,965  
Dividends (63,630)       (63,630)  
Net loss attributable to noncontrolling interests 29,516         (4,449)
Cash flow hedge adjustments (50,368)     (29,975)   (20,393)
Contributions 5,400         5,400
Consolidation of JV 20,246         20,246
Distributions (14,215)         (14,215)
Stock-based compensation 6,474         6,474
Ending balance at Jun. 30, 2025 $ 3,591,428 $ 1,674 3,396,604 24,942 (1,424,059) 1,592,267
Stockholders' Equity [Roll Forward]            
Dividends declared per common share (in dollars per share) $ 0.38          
Beginning balance (in shares) at Mar. 31, 2025   167,446,000        
Ending balance (in shares) at Jun. 30, 2025   167,446,000        
Beginning balance at Mar. 31, 2025 $ 3,653,894 $ 1,674 3,396,602 34,510 (1,386,409) 1,607,517
Stockholders' Equity [Roll Forward]            
Repurchases of OP Units with cash (187)   2     (189)
Net (loss) income attributable to common stockholders 9,228       (5,835)  
Dividends (31,815)       (31,815)  
Net loss attributable to noncontrolling interests (15,063)         (9,228)
Cash flow hedge adjustments (16,778)     (9,568)   (7,210)
Contributions 5,400         5,400
Distributions (7,112)         (7,112)
Stock-based compensation 3,089         3,089
Ending balance at Jun. 30, 2025 $ 3,591,428 $ 1,674 3,396,604 24,942 (1,424,059) 1,592,267
Stockholders' Equity [Roll Forward]            
Dividends declared per common share (in dollars per share) $ 0.19          
Beginning balance (in shares) at Dec. 31, 2025 167,462,215 167,462,000        
Stockholders' Equity [Roll Forward]            
Exchange of OP units for common stock (in shares) 23,000 23,000        
Ending balance (in shares) at Jun. 30, 2026 167,485,267 167,485,000        
Beginning balance at Dec. 31, 2025 $ 3,474,931 $ 1,675 3,396,820 11,452 (1,505,390) 1,570,374
Stockholders' Equity [Roll Forward]            
Exchange of OP Units for common stock     302     (302)
Repurchases of OP Units with cash (129)   18     (147)
Net (loss) income attributable to common stockholders 22,371       (5,179)  
Dividends (63,645)       (63,645)  
Net loss attributable to noncontrolling interests (27,550)         (22,371)
Cash flow hedge adjustments 11,317     2,448   8,869
Contributions 130,000         130,000
Distributions (16,384)         (16,384)
Stock-based compensation 6,560         6,560
Ending balance at Jun. 30, 2026 $ 3,515,100 $ 1,675 3,397,140 13,900 (1,574,214) 1,676,599
Stockholders' Equity [Roll Forward]            
Dividends declared per common share (in dollars per share) $ 0.38          
Beginning balance (in shares) at Mar. 31, 2026   167,485,000        
Ending balance (in shares) at Jun. 30, 2026 167,485,267 167,485,000        
Beginning balance at Mar. 31, 2026 $ 3,431,140 $ 1,675 3,397,131 12,344 (1,539,710) 1,559,700
Stockholders' Equity [Roll Forward]            
Repurchases of OP Units with cash (98)   9     (107)
Net (loss) income attributable to common stockholders 12,260       (2,681)  
Dividends (31,823)       (31,823)  
Net loss attributable to noncontrolling interests (14,941)         (12,260)
Cash flow hedge adjustments 6,316     1,556   4,760
Contributions 130,000         130,000
Distributions (8,689)         (8,689)
Stock-based compensation 3,195         3,195
Ending balance at Jun. 30, 2026 $ 3,515,100 $ 1,675 $ 3,397,140 $ 13,900 $ (1,574,214) $ 1,676,599
Stockholders' Equity [Roll Forward]            
Dividends declared per common share (in dollars per share) $ 0.19