v3.26.1
Significant Transactions (Tables)
6 Months Ended
Jun. 30, 2026
Significant Transactions [Abstract]  
Schedule of Cash Distributions from Excess Partnership Cash to Holders Common OP Units and LTIP Units
The following table presents the cash distributions made from excess partnership cash to holders of record of common OP Units and LTIP units during the three and six months ended June 30, 2026 and 2025 (in thousands, except per unit data):
Distribution DateHolder of Record DateDistribution Amount
Distribution Paid Per Unit (1)
Source of Funds
April 29, 2026April 15, 2026$29,896 $0.20 Extraordinary funds from financing proceeds
February 23, 2026February 9, 2026$45,828 $0.30 Extraordinary funds from financing proceeds
February 12, 2026January 29,2026$104,608 $0.69 Extraordinary funds from community dispositions
June 11, 2025June 5, 2025$197,974 $1.31 Extraordinary funds from financing proceeds
(1)This represents the distribution paid per common OP unit. Holders of LTIP units are entitled to receive 2% of distributions.
The following table presents the cash distributions made from excess partnership cash to holders of record of common OP Units and LTIP units subsequent to June 30, 2026 (in thousands, except per unit data):
Distribution DateHolder of Record DateDistribution Amount
Distribution Paid Per Unit (1)
Source of Funds
July 31, 2026 (2)July 17, 2026$83,153 $0.55 Extraordinary funds from community dispositions and financing proceeds
July 31, 2026 (2)July 17, 2026$16,500 $0.11 Funds from ordinary income
(1)This represents the distribution paid per common OP unit. Holders of LTIP units are entitled to receive 2% of distributions.
(2)We paid a cash distribution in an aggregate amount of $99.7 million to holders of record of common OP Units and LTIP units, representing a distribution of $0.66 per common OP Unit.