v3.26.1
Segment Reporting - Schedule of Reconciliation To Total Profit (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Abstract]        
Net loss $ (104,688) $ (87,760) $ (155,592) $ (168,038)
General and administrative 12,002 27,776 24,577 46,259
Depreciation and amortization 82,133 94,751 162,855 187,836
Loss from unconsolidated real estate entities 959 205 1,396 1,459
Fee income (964) (1,476) (2,071) (2,835)
Interest expense 38,476 48,137 76,470 91,642
Interest income (566) (2,123) (2,215) (2,558)
Management services reimbursement income—unconsolidated real estate entities (1,098) (1,123) (2,222) (2,098)
Management services expense—unconsolidated real estate entities 1,098 1,123 2,222 2,098
Transaction-related expenses 682 451 783 451
Unrealized loss (gain) on non-real estate investments 840 (212) 2,802 237
Gain on sale of real estate, net 0 16 0 (10,007)
Impairment loss 50,440 0 50,440 18,476
Loss on extinguishment of debt 0 1,637 0 3,495
Loss on lease terminations and other 4,916 93 4,758 85
Income tax provision 394 454 742 648
Office net operating income $ 84,624 $ 81,949 $ 164,945 $ 167,150