v3.26.1
Segment Information - Schedule of Reconciliation of NOI at our share to loss before income tax (expense) benefit (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Information        
NOI at our share $ 61,077 $ 65,633 $ 121,998 $ 130,918
Net third-party real estate services, excluding reimbursements, at our share 906 1,453 1,375 601
Income (loss) from unconsolidated real estate ventures, net (586) 1,091 (960) 499
Interest and other income, net 4,658 698 6,058 1,223
Gain (loss) on the sale of real estate, net (285) 41,832 20,790 42,369
Depreciation and amortization expense 44,791 47,560 90,096 95,147
General and administrative expense: corporate and other 15,404 16,720 30,691 32,277
Transaction and other costs 685 2,846 10,526 4,757
Interest expense 36,029 35,571 71,577 70,771
(Gain) loss on the extinguishment of debt, net   (2,234)   2,402
Impairment loss 44,065 31,813 45,565 40,296
Our share of net third-party real estate services attributable to real estate ventures (268) (210) (527) (515)
NOI attributable to unconsolidated real estate ventures at our share (1,172) (1,287) (2,397) (2,277)
Real estate venture partner's share of NOI attributable to consolidated real estate ventures 1,822 272 2,623 272
Non-cash rent adjustments 2,925 (71) 4,645 (2,510)
Other adjustments (552) (399) (639) (2,092)
Total adjustments 2,755 (1,695) 3,705 (7,122)
LOSS BEFORE INCOME TAX (EXPENSE) BENEFIT $ (72,449) $ (23,264) $ (95,489) $ (77,162)